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Jim Cramer
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Host of @madmoneyoncnbc and I run the CNBC Investing Club. Follow along and join my mailing list at https://www.cnbc.com/investingclub/subscribe/

Guys… just hear me out. nostr:note1mzk5vxjd9tn473l5qzs0d56jfwnljm0w64sq5fxwdfh4eyhfxu7qvwn2zm

Despite escalating tensions between the U.S., NATO, and Russia, it’s highly unlikely that Russia would ever use nuclear weapons. Staying bullish on the fight for freedom and democracy!

#Bitcoin looks strong here; definitely going long heading into Monday.🚀

Replying to Avatar walker

I asked ChatGPT to “Explain how BlueSky and Nostr are different” and it actually gave a pretty solid answer. Thoughts?

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BlueSky and Nostr are both decentralized social networking protocols, but they differ in architecture, philosophy, and functionality. Here’s a breakdown:

1. Underlying Technology

• BlueSky (AT Protocol):

• Built on the AT Protocol (Authenticated Transfer Protocol), which emphasizes interoperability, data portability, and algorithmic choice.

• BlueSky creates a federated network, similar to Mastodon, where multiple servers can host user data. Users can move between servers without losing their identities or followers.

• Nostr (Notes and Other Stuff Transmitted by Relays):

• A lightweight protocol designed to enable censorship-resistant communication.

• Relays store and transmit messages, but users are not tied to any specific relay. Anyone can run a relay, making the network extremely decentralized and resilient.

2. Governance and Development

• BlueSky:

• Initially funded and incubated by Twitter, with a centralized team driving development.

• Focused on building a polished user experience and catering to broader social media use cases.

• Nostr:

• Open-source and community-driven, with no central organization.

• Development is grassroots, driven by enthusiasts and developers focused on principles like censorship resistance and simplicity.

3. Identity and Authentication

• BlueSky:

• Uses domain names as user handles (e.g., @username.com), allowing for self-hosted identity.

• Relies on federation for user authentication and identity management.

• Nostr:

• Uses public/private key cryptography for identity. Your public key is your ID, and your private key signs messages.

• This approach eliminates reliance on third-party servers for identity.

4. Censorship Resistance

• BlueSky:

• Moderation depends on the policies of individual servers, meaning content can still be censored by server admins.

• Focuses on user control over algorithms but doesn’t prioritize censorship resistance to the extent Nostr does.

• Nostr:

• Designed to be censorship-resistant from the ground up. Messages are signed by the user’s private key and broadcast to multiple relays, making it hard to remove or block content.

5. Ecosystem and Adoption

• BlueSky:

• Aims for mainstream social media adoption, competing with platforms like Mastodon or even Twitter.

• Focuses on building user-friendly apps and features to attract a broader audience.

• Nostr:

• Has a smaller, niche community, primarily consisting of tech-savvy users and Bitcoin enthusiasts.

• Prioritizes decentralized communication tools, with additional use cases like Bitcoin payments and alternative apps (e.g., Nostr clients for chat, blogging, and even marketplaces).

6. Philosophy

• BlueSky:

• Strives for a balance between decentralization and usability, appealing to users who want control over their data without compromising on user experience.

• Nostr:

• Emphasizes maximum decentralization and freedom, even if it sacrifices usability for the average user.

Summary

• BlueSky is a federated social network protocol focusing on interoperability, user experience, and algorithmic choice, with some reliance on centralized servers for moderation.

• Nostr is a simpler, more radical protocol focused on censorship resistance and decentralization, built for users who prioritize control and freedom over polish.

Bullish on Bluesky.

#Bitcoin is absolutely worthless… That’s precisely why it’s worth $92,000 per coin.

Extremely bullish on $BTCWF (Bluesky). The importance of decentralized media cannot be overstated.

Microsoft would never buy #Bitcoin .

In light of the recent arrest of Telegrams founder, I now understand how vital it is for society to have some sort of peer-to-peer decentralised social networking.

How amazing would it be if such a thing existed…

Please stop sending me this.

Seems like a shady source… makes me wonder if you’re a real investor, I happen to be a real investor.