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nobody
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Replying to Avatar やトナ

Taking break from nostr for a few days. I need to get off tilt and focus on my work.

I’ve been reflecting on the state of things here as i start to use bluesky more often (i still like nostr much better fwiw).

I know this may offend some of you but I’m getting frustrated with how caught up we all are in our zapping wonderland with no concern for the outside world.

If we want this place to grow and succeed we really need to take a look in the mirror and ask ourselves what it would be like to join nostr right now if you knew nothing about bitcoin. You would probably hate it, and stop using it within a day. Our worlds may revolve around bitcoin, but to a majority of people, they could give two shits about bitcoin.

Nostr is now considered by many outsiders as a “bitcoin project”. And I, for one, think that’s a terrible thing for nostr adoption and growth. There are brilliant people in this world who care about freedom tech but just don’t understand bitcoin yet and want nothing to do with it. And by making nostr all about bitcoin, we’ve scared those brilliant people off, who could have helped this place develop even further than it already has.

The way things stand right now, I see nostr adoption as being fully tied to bitcoin adoption. People won’t want to come here until they understand bitcoin. Instead of selling people just nostr, we now have to sell them nostr + bitcoin. And it shouldn’t be that way.

I’m still bullish on nostr, but we really need to do some self reflection at this point and ask ourselves what the correct path forward is.

See ya in a few internet frens 👋

My 2 Satoshis

nostr:note1xvpk6q2dmgefnde4u2g74uy5t90emkhakuehtt79gaeykjxpgh5sa8d6yt

For those folk where the topic of #bitcoin is fringe then having a decentralised communication protocol is even more fringe.

If folks can’t see why we need to decentralise money - then generally decentralising data makes even less sense.

If a seed phrase and 1 hardware wallet is considered “hard” - how on earth would an average person back up all their personal data from all different sites.

There aren’t many downsides to #nostr growth being tied to #bitcoin. Yes some people get “turned away”. Many of these people are tourists anyway and by leaving never understand why #nostr or why #bitcoin.

#nostr is still new and wanting it to be for everyone is a noble goal but one that is too idealistic. The reason why there’s a lot of #bitcoiners on here is because we get why #nostr is important in the first place. Without that understanding a centralised platform is much more convenient.

Framing this differently. In my belief at this point #bitcoin isn’t even fringe. It’s on TV, in Davos, in Congress, SEC, big Investment Banks write essays about it, other governments globally talk about it almost daily. On top of that all the learning material is widely available now and is much better than it use to be with some excellent pieces on the subject.

The price is pretty ridiculously high as well. Everyone’s obsessed with how it has “crashed” but it’s hovering over $20k. That’s insane.

#bitcoin is here staring these people in the face. If there’s no need for #bitcoin then there’s no need for #nostr because it was a #bitcoin lightning developer who had the idea for it and because he was a #bitcoin lightning developer had the sanity to use #bitcoin as the money layer. If this was built by a developer who didn’t believe in #bitcoin we would have had a very different protocol.

It’s the #bitcoin thinking that got us here in the first place therefore I see them growing together and there’s no need for #nostr to shoot ahead of #bitcoin adoption. The two will grow together.

Low time preference.

I write this note to give the people who have not yet dealt with new money something to think about.

To the people who go daily to their work and notice more and more that the system in which they live is getting tighter around them.

Over the last few years prices have risen, wages have remained the same and taxes have increased.

This leads to the fact that the normal worker is forced in an indirect way to work more and more to be able to afford the same living conditions.

Inflation eats up our savings and we are forced to invest our money somewhere just to compensate for the loss of inflation.

Now who has the time and the desire after 8-10 hours of hard work to deal with investments or shares?

Not many of the normal citizens, so I have experienced that with my customers and in my environment.

Well, what if we didn't have to invest secularly in a system to compensate for inflation but had a money with a fixed supply and a fixed, programmed inflation.

If the normal worker, the craftsman or the service provider would not have to deal with "investments" on a daily basis to maintain his wealth and all he/she would have to do is save the money the earn.

A hard money saving and planning with longer time preferences.

Well we have this system now and it is about and from #Bitcoin, a new form of money.

Built on Austrian Economics and Praxeology and practical realital and truth.

A decentralized global base protocol on which we can build in layers in the future.

Now of course you may be skeptical at first and rightly so, you should look into it yourself to understand the basic principles properly and the best place to do that is the Bitcoin Whitepaper.

Unfortunately, the potential of Bitcoin was also immediately recognized by charlatans and they started to create cheap copies of it, a cheap knockoff with a manipulative name, Internet Computer, Ether etc.

These copies were created by venture capitalists in close cooperation with big banks who remunerated themselves before the project was made public. (Pre-mine)

That is, the large capital investors have bought in with the help of the central organizations behind the networks who have printed themselves plenty of tokens before the release and lined their pockets. They laugh at those who buy their worthless Bitcoin copies that they created out of nothing without any work.

They launch marketing campaigns under their central authority claiming they have created innovation while distracting from the real innovation (the decentralized Bitcoin protocol) and doing more damage than most VC's before them.

Without any understanding of practical economics and money, the new "project" is trumpeted to the world under false incentives, funded by big capital and snake oil salesmen.

Adorned with magic words and embellished with fundamentally false claims (Healthy money, despite infinite supply, ridiculous).

But these are all areas in which the normal citizen without independent interest never penetrates.

All he/she sees are the marketing campaigns of the VC's which are all ridiculous and not to be taken seriously.

NFT's are the latest rip-off, links to jpegs distorted to the point that the buyer believes he is in possession of a rare jpeg while he only bought the rights of a link to the given image, ridiculous and worthless.

It is argued it would be art, a proof of membership of a subculture, a ticket etc etc, in the end it is just a link to a jpeg.

Not beautiful photos, beautiful art no, the most disgusting A.I generated monkeys you can imagine.

Desperate to make profit out of this ridiculous concept and lost in disillusions of quick wealth, the idiots who buy these worthless jpeg links with real money get behind the venture capitalists who laugh their asses off at the stupidity and ignorance of the working class while printing themselves new tokens.

In absolute ignorance and shamelessly, the Proof of Stake System, Fiat 2.0 is now being promoted under the guise of environmental protection.

Everyone knows it but strangely enough the venture capitalists and the front men never mention what Proof of Stake means in relation to the massive pre-mine.

Those who have bought in fat before the public (1.mio Eth +)

Don't even have to press the print button for new tokens but just wait as their huge bags automatically produce more tokens without any work.

Of course the then received tokens will be put back into the compound effect to get even more tokens and without even the minimum amount of work.

Of course, this is not mentioned for new arrivals.

On the contrary, the people who put this questionable self-enrichment system in the light are defamed and stigmatized in the usual manner of political correctness and with half-truths, distortions of statements made and all the bag holders jump on to defend their worthless tokens without realizing that they themselves are the victims of the system they defend.

The house is built on sand and has no real foundation for a real economy and sooner or later the house of cards will collapse and all that will remain are these disgusting monkey jpegs.

Great post. Followed! 🫂

Apple printers can print new #bitcoin

666 Followers

Zap me 666 and wish me luck !

I know there’s a debate about

Don’t actually know what it is lol

GN #Nostr

May we have a peaceful sleep