Avatar
Kevin
dba75578af6294cc5875a21ef2a95b4dc7c96d99355c987e8a221a1eeddbc5b6
Here for the signal. ⚡️

Well worth a read in my opinion:

Medici Money

(Banking, Metaphysics and Art in the Fifteenth-Century Florence)

- by Tim Parks

Topics include:

- family empire

- politics of city, state and church

- intersection: money, power, democracy

- banking and trade

- two currency system

- currency devaluation

It is so weird to me how much of what is written in this book and happened approx. 550years ago resembles some events today.

The question is:

Is the future gonna resemble this kind of events in a potentially hyperbitcoinized world or are they prevented by it?

Know the rules of the game you are playing.

Play stupid games…win stupid prices.

#[2]

I meant the way of thinking for yourself. The deeper you go in the rabbit hole, the more you think consciously about your responsibilities and the trade-offs of outsourcing any part to a third party.

Everyone CAN take control. It’s the option that makes the difference.

#Bitcoin reintroduces individual responsibility.

More zaps = bigger information marketplace

That’s the path to real value and truth.

Zaps as part of the #Nostr incentive structure are quite game changing.

It is pure signal. Someone is choosing to value a contribution with a scarce asset.

It’s a free market for information.

#value4value

This one is my all time favorite #[4]​ article… so profound!

His work should be standard reading material for every Bitcoiner!

I’m sorry. I am also still learning. Just trying to make sense of it all.

Well one side is posting notes (push side). In the example the paid proxy relay pushes your note to all the relays on its list.

Your followers now see it. (On there relays they are following you.)

The other side: the pull information from relays depends on the client and the relay u are using.

If I understand it correctly: when u follow a new account then this info get stored on the notes u are connected to in this moment. I think the problem lies in the sharing of the contact lists. But maybe we should ask someone from the devs for this one.