More booty, bobs & bitcoin? Ok

The Tragedy of the Commons states that people sharing a common field will ultimately deplete it out of self interest.

This wisdom is presented as inevitable. So a state must exist to intervene and manage these commons.

It is complete bullshit. That only intellectuals and the culturally elite are dumb enough to believe.

In reality, The Commons naturally tend towards collaboration, specialisation and trade. As this always creates more value for all.

#plebchain

The rewards of waking up early 🌄. GM!

Where can I ‘explore’ and find people to follow?

People like his note and hope that he can continue to express it here, which can make Nostr more abundant🤙

Bitcoin is Venice

I would add Yan Pritzker's Inventing Bitcoin to the technical section.

Ever read The Bitcoin Shortcut?

Happy sunday nostr 💜

Sitting and listening

Responding instead of reacting

Take some time to think about what you want to say because there is no going back

On that note be lazy today 🌅🥵

this is my first nostr post, it seems much interesting than mastodon

Well there's a circular bootstrapping problem there. Every social network has always done this in the past with following the creators and early popular accounts, which obviously results in them having comparatively huge reach after the network is established.

So the trade off is; are we going to be annoyed with amplifying early accounts, or are we going to let people join and not recommend the active accounts with lots of engagement, and instead leave them to find active users by scrolling through global? I think the latter ends up with a lot more confused/frustrated users 😆

The best option would obviously be to recommend people for a particular topic or community the user is interested in, but that won't really be a meaningful option until the network grows enough for it to have numerous, separate active communities. Which means were stuck where we are until then... It's just not an easy problem.

"there are no solutions, only trade offs" – Thomas Sowell 🫡

Money doesn’t change a person. It only brings their true character to light.

I’m not gonna zap anybody for at least a few days so I can enjoy this.