Twitter feels like toxicity and fake news pumped into my brain.
In stark contrast, Nostr feels like a place for civil conversation to build the future, with an overarching feeling of common ownership.
The last time I felt this excited about a technology was when I found Bitcoin in 2013.
Before that was pocket computers / smartphones in 1998.
Crossing $250k zone the headwinds get quite strong as paper price suppression would likely engage.
But another impact is the rollout of CBDCs, BTC would see a price premium (see Nigeria’s rollout). Central Banks cannot block all the fiat onramps to BTC while we have sovereign adoption of BTC happening.
I think of $250k - $1m as the battleground, above $1m then BTC runs to infinity. Below that it sees very strong price suppression.
Cathy Wood's price prediction of $1m BTC by the end of the decade basically means BTC becomes a major reserve currency, placing itself a close third behind USD and Euro.
i.e.
$21T USD (2022 M2 supply)
$17T EUR (2022 M2 supply)
$17T BTC (2030 predicted cap)
Nostr is exactly what a social media network needs to be. The content, user base and associated network effects are in the open domain.
Meanwhile the user experience is determined by competing apps.
Your app is censoring, rising to the top toxicity, fake news, bots? Move to another app. Users and independent developers have a choice.
Even though I’m already running Damus in beta, I’m super excited to see it get App Store approval. Now posting from my Mac. Congrats @jb55!
On my wish list is cut and paste images from my desktop clipboard, will help posting charts!
The rally from 16k to 24k coincides with a new pattern emerging of stablecoins flowing into exchanges during work days only. Seems to me like the heat signature of large institutions doing the buying.
Timing of the inflows spans approx 16hrs, with the quiet zone being Asian work hours. This suggest it's Western institutions across US and Europe.
Has anyone developed an app that dual posts to Twitter and Nostr?
Bitcoin Macro Index contains 17 fundamental macro signals in a oscillator view. It's climbing steeply screaming "bottoms in", the aggressiveness of climb similar to Apr 2019. Also note the vertical timing bands to the next halvening is inline with history bottoms ending.
Time zones are useful as it tells us where the sun is relative to my sundial.
But unfortunately is no standard time, it’s stretchy, there’s only a standard speed. Einstein says so.
Hello World!