Computers were invented as a way of saving human time
Bitcoin was invented as a way of saving human time
nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m
Because it’s owned by zuck.
Good that he has moved to a protocol where it is impossible for him to censor people. But does he really believe in that, or is he just trying to reduce his support overhead?
Threads is just increasing his monopoly control. He is smart in trying to take advantage of the opening that Elon is leaving with Twitter. But we want decentralization, not an internet ruled by someone who shows no concern for effect of his products on the mental health of kids.
Threads will still be funded by advertising and that means there is still an incentive to collect data and sell it to advertisers.
Nostr is the solution. Decentralised, unowned, no ads, uncensored and it includes a micro payment system where you can fund creators for their work.
Fiat money is slavery
With cash almost out of existence, we depend more on our banking facilities than ever before.
If they took my bank account away, then I would have work hand to mouth. I would have to find someone with a bank account that would give me food and shelter for my work. I could never hope to own property, I couldn’t but a car, or even use public transport. I would be banned from public venues where one has to pay an entry fee or buy a drink. I would have no digital communication devices and no one would hear me complain.
#Bitcoin
Before we start LARPing too much about how Nostr should take over the world and people should ditch other platforms, let’s acknowledge the fact that nostr:npub1wv79gfl4tn46qxs0vcr6kr73rqethvna0kchk4cw06mmdzsgrkdqmkxye0, one of the best MMA fighters of all time, is on Nostr. Most of you don’t follow her yet, even though she has been here for a while now.
I personally want to tell Cris, “thank you.” We appreciate her presence. There is no better proof of work than full-contact MMA.
In order for Nostr to grow, it can’t just be bitcoiner techies. It has to be others too. I personally really like the MMA people but more broadly, we should reach out to non-techie people and actually appreciate it when they decide to care about decentralized money and communication.
Thank you Cris, for caring about decentralization and proof of work.
I agree, not just the bitcoiner techies.
Also the bitcoiner economists, bitcoiner philosophers, bitcoiner film makers, bitcoiner meme creators and the bitcoiner podcasters!
We have put the advertisers in charge of our world.
Politicians have to spend on ads to get elected.
Ads pay for almost all of our media.
Advertisers pay the software providers to collect our data and monitor us. They are incentivized to do this because they get a better return on investment that way.
The most successful advertising message ever has been ‘but now, pay later’. This message is channeled through all media. That’s why we are broke and most of us care so little about it.
Advertisers are great a organizing a party, but not so good at sticking to a budget.
Perhaps we should put some other people in charge.
Nostr fixes this!
‘The Perfect Crime’: Tech Companies Are Manipulating Our Elections and Indoctrinating Our Children — How We Can Stop Them
From Minds Eye (Ramona Leone)
Listen Robert Epstein Big Tech companies are deliberately manipulating the outcomes of our elections and the thinking and beliefs of our children. And they are having an enormous impact. If you doubt that, consider this latest snippet of data from my lab, the American Institute for Behavioral Research and Technology (AIBRT). Consider this: The GOP […]
Jul 24th 2023 6:00pm EDT
Internet Archive Link: https://web.archive.org/web/20230724220526/https://mindseyemag.com/magazine/the-perfect-crime-tech-companies-are-manipulating-our-elections-and-indoctrinating-our-children-how-we-can-stop-them/
Share, promote & comment with Nostr: https://dissentwatch.com/boost/?noback=1&boost_post_id=586664
We have put the advertisers in charge of our media.
Politicians have to spend on ads to get elected.
Ads pay for almost all of our media.
Advertisers pay the software providers to collect our data and monitor us. They are incentivized to do this because they get a better return on investment that way.
The most successful advertising message ever has been ‘but now, pay later’. This message is channeled through all media. That’s why we are broke and most of us care so little about it.
Advertisers are great a organizing a party, but not so good at sticking to a budget.
Perhaps we should put some other people in charge.
Nostr fixes this!
You are kidding!
Telegram claims to be open source, but no one can find the source code.
Also, I can’t find anything on there. The way it prioritizes messages is annoying
I agree Caitlin, on-chain Bitcoin will at some point go ‘no offer’. At that time, the futures ETF will be bankrupt.
The unlimited short exposure that the ETF issuers have to the BTC price could take out the clearing houses.
This would be a systemic issue. It would be an opportunity for fiat institutions to renege on their promises and blame Bitcoin as the trigger.
They have additional cover from Covid as the reason for enormous public debts that will not be repaid.
The spot Bitcoin etf could be a set up for draining liquidity from exchanges and causing an exponential price move in btc. The crash in every other asset class that results from the failure of institutions that have unlimited short exposure to btc will be horrific.
This could be ‘the great reset’!
Blame Covid and blame Bitcoin, none of it will be blamed on reckless debt accumulation for the last few decades.
A great podcast on how any of us can do small things to increase the reach of Bitcoin.
Barbers are nodes in the social network with many connections. If you tip them with Bitcoin and tell them about the revolution, then you incrementally add to the Bitcoin network.
GM fellow Nostriches!
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx‘s podcast with nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx is a *MUST* listen. Matt opened my eyes to many things happening at Twitter & independent media by putting pieces together for me in a way I hadn’t heard before. We all indeed need to work every day to build #Nostr’s network effects — for most of us, by simply using it more. My goal is to be here every day, and I hope you make it yours too.
h/t nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a for the recommendation. I saw your tweet about it & you’re right — it was the most thoughtful content I’d heard in a long time.
🙏
That is a great podcast. The possibility of blackrock forking and selling off the real Bitcoin is very interesting.
This could serve as a pressure valve that they could open if liquidity becomes very scarce in on-chain btc. When the 1.8m btc on exchanges gets bought and stored on-chain, we could see an exponential price move.
The future btc etf issuers are short the market and will be in trouble. They could pivot onto blackrock’s fork as their underlying. That combined with blackrock’s selling could save tradfi from a collapse.
Am tipping waiters in Bitcoin.
I also tell them that there is 3% additional Martin in taking retail payments in Bitcoin Lightning. 0.5% transaction fee and no chargebacks which average 2.5%.
If a retailer is making a 30% margin on sales, then an additional 3%, is 10% more profit going straight to the bottom line.
If they don’t want to take the risk on the Bitcoin price, then switch it into fiat post transaction.
There are very few people that will pay in Bitcoin Lightning right now, but with those economics, how can it not catch on?
How would you buy a loaf of bread with gold?
https://tallsimon.substack.com/p/buying-a-loaf-of-bread-with-gold
When fiat money breaks, we are not going to use a speck of gold to buy a loaf of bread.
Nor are we going to trust bankers, that just broke fiat money, to run a payment system based on a gold reserve!
Agreed, we can find better ways to monetize now that we have a native internet payment system
