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Rafael Carmo
b57adafc4f5290d6665a95af2ce6e4dcd871b351447ba61aab59949e885421c4
Bitcoin, freedom of speech, internet privacy and other stuff

Something we should not forget in times of price discovery.

Freedom >>> Wealth

Let’s remember not only to stack sats, but also to stay humble!

GN

Had this conversation with nostr:npub18kjujusejm8xx0f4jz0ss4fxh5nqvhs7ax35ln5g98xa0tpyptwqehsug8 a couple of weeks ago but it resurfaced today very strongly for me.

I just came back from dinner with some friends and it’s unbelievable how alienated most people are regarding the whole Bitcoin revolution. I’m all excited about the ATHs, treasury companies and ETFs sweeping 80,000 BTC each month, nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqfnwaehxw309ah8wcewwpexjmtpdshxuet59ashjan2d3jkjmrd0qcxzmphdge8qut5xg68zetyx9arwcfcwvmu86vm creating a peer-to-peer Bluetooth mesh chat/payment app, etc etc etc… and I sit down with 7 friends which I consider to be some of the most intelligent and kind human beings I know and they are completely oblivious to all that. It’s like nothing is even happening. Sometimes this is so striking that I ask myself if I’m not overhyped.

Man, I’m really turning into a fan of yours! Nice setup you got over there!

Replying to 21823843...

nostr has no global source of truth, and that is a good thing

Out of interest, I follow the progress of a lot of other projects similar to nostr, and a couple links surfaced today:

BlueSky has a big "firehose" connection that streams all updates (new posts, reactions, etc) to subscribers. Unsurprisingly, this is difficult to process except on beefy servers with lots of bandwidth. So, one proposed solution is to strip out all that pesky cryptography (signatures, merkle tree data, etc): https://jazco.dev/2024/09/24/jetstream/

And over on Farcaster, keeping their hubs in sync is too difficult, so they want to make all posts globally sequenced, like a blockchain. The details are still being worked out, but I think it's safe to assume there will be a privileged global sequencer who decides on this ordering (and possibly which posts are included at all): https://github.com/farcasterxyz/protocol/discussions/193

In my opinion, both of these issues are symptoms of an underlying errant philosophy. These projects both want there to be a global source of truth: A single place you can go to guarantee you're seeing all the posts on a thread, from a particular user, etc. On BlueSky that is https://bluesky.app and on Farcaster that is https://warpcast.com .

Advocates of each of these projects of course would dispute this, pointing out that you could always self-host, or somehow avoid depending on their semi-official infrastructure, but the truth is that if you're not on bluesky.app or warpcast.com, you don't exist, and nobody cares that you don't exist.

nostr has eschewed the concept of global source of truth. You can't necessarily be sure you are seeing everything. Conversations may sometimes get fragmented, posts may disappear, and there may be the occasional bout of confusion and chaos. There is no official or semi-official nostr website, app, or relay, and this is a good thing. It means we are actually building a decentralised protocol, not just acting out decentralisation theatre, or pretending we'll get there eventually and that the ends justify the means.

Back when computers were primitive and professional data-centres didn't exist, it was impossible to build mega-apps like Twitter. Protocols had to be decentralised by default -- there was simply no other way. We can learn a lot by looking back to protocols of yesteryear, like Usenet and IRC, and still-popular protocols like email and HTTP. None of these assume global sources of truth, and they are stronger and better for it, as is nostr.

Man I miss those times on IRC

One could say the same about Bitcoin a while ago. Before the network effect kicked in, the low liquidity and high volatility was a deal breaker for a lot of people.

However, it comes a time when you realize that your currency is being debased and that you are losing purchasing power, so you join the Bitcoin network. Than you see that you NEED Bitcoin (remember Saif’s gunpowder analogy).

Likewise, when you notice your freedom of speech and ownership of your own data is being taken you join nostr.

The timeframe will be different for each person (to me it took X being banned in Brazil to join nostr, even though I knew about nostr long before that happened). But the point is that each freedom tech must be useful for a person before they embrace it.

I think it’s a very shallow and naive assumption of yours. People are different. There are people who care about others, the world, the environment, etc, more than you or anyone else who have children. Also, there’s people who have children and only care about themselves.

It’s very dangerous to label people based on a single fact in their entire nature and life. That’s what fascists/nazists did in the past and we all know where it ended.

Get rid of your own limited view of the world.

PS: I do have children, in case you’re wondering.

This is only a problem if you are holding paper #Bitcoin . They can short it all they want, but eventually economic reality will reprice it. It will destroy any leveraged degenerate in the meanwhile.