Avatar
Jeremy Almond
de33d2b180a746e2a51acc62b945d1c26e4f253617a672122011140d47e4e535
🦸‍♂️ CEO by day, Maxi by night ❤️ El Salvador 💀 Financial System 💊🏴‍☠️✊🏾 Revolution

Peer to peer over phones.

For example Machankura supposable can do #lightening payments over a type of SMS txt msg in Africa w no internet.

Or in Cuba they will do a local p2p #bitcoin exchange over telegram.

Ya I think that because many #nostr folks share the values from #bitcoin, the community is tighter.

Also zaps definitely help the vibe & engagement levels too 😎.

Replying to Avatar Chad Lupkes

The barrier to entry that I have found most troubling is the data bandwidth costs. I have a friend in the Kakuma Refugee Camp that I want to invite to Nostr. He was able to download the nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg app, but he is afraid of using it because he doesn't know how much bandwidth it will use and it costs him money above and beyond a $50USD cost per month. All I can do is wait for him to have enough "bundle" to try the app.

Of course when he does, I'll be able to send him zaps that can help pay for that, but in order for THAT to work he will also need to download nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9, and connect it to a bank account so he can convert the sats to his local currency and then use them to pay his expenses. We haven't gotten there yet.

Once he has the bridge installed, then the task will be to start building a circular economy within the camp, but that's a long road.

Ya likely bandwidth is still an issue for #nostr (I’m new here). But for #bitcoin… folks are transacting with little to no Internet at all (Cuba and Africa are examples).

If you guys are serious about a bitcoin circular economy send me a DM. That’s the focus of my philanthropy arm. So i’d ❤️ to hear about what you guys are thinking for the refuge camp.

I’m going the opposite 🙃. My ratio is probably really stupid (#plebchain), but at least my feed is interesting. Plus after being on Twitter for like 15yrs, #nostr is a breadth of fresh air.

100% 👇🏾. It’s also why #bitcoin usage is growing the most in emerging markets. There, it’s much more obvious to see that the system is broken and corrupts, so the pain is most acute.

Take the 💊. nostr:note15yv5f2nqak3qp2plh9j74mp4g0rg3l3p2x8h6w5hwcntng87q84qvcnth7

Replying to Avatar Pextar

🤙

Count me in #bitcoiner

Sorry for the dumb Q, but what does ‘relay configuration’ mean. Someone else told me “add more relays” so I added like a dozen with low ish latency but that didn’t seem to help much. What else is there to configure?

Who knows, you may even get enough zaps by then to pay for it through nostr 😎

Well… if you were to steelman their rational - it’s that the investor gets the upside of bitcoin / mstr growth, but the downside protection that if it doesn’t grow (or goes down) they get their money back (plus a little interest)

The details of that are in the press release. The convertible note either pays back the loan w/ .0625% interest or converts to equity at 0.667. Someone can confirm my napkin math but this roughly means if if the price is over $1500/share (largely due to being a proxy for bitcoin growth), you might be better off taking the equity, and less than that and you could just take the loan back.

I’m oversimplifying, but this is the general idea why someone would consider it.

(PS disclaimer: I have no relationship w them, own no msft stock, and this is not investment advice)

Historically it was silvergate bank. But the most recent offering is on a convertible note to the open market.

I have a similar problem on #damus. I can get zaps for my notes . But when I try to zap someone else’s note, it seems like I’m only able to zap the person not the individual note.

I even tried to switch to #primal to see if that helps, but it seems to not allow external wallets.

Would love someone to explain how zapping notes work across nostr. Like do only some clients support that? #asknostr nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg

So cool. Keep spreading the 💊❤️ ⚡️.