High vs. low time preference. Listen to #[7]​ talk about how they use bitcoin in their business.

Some people will only pay/pay more in bitcoin, so it makes sense to offer them the option.

You can keep it.

I know a lot of the retail services that allow you to accept bitcoin just instantly convert it to cash at the time of purchase and charge you a fee.

I think the majority of people who actually buy or sell things in crypto are probably just people who can't or don't want to use credit cards and they buy/sell the crypto shortly after the transaction.

There’s a monkey jpeg restaurant that accepted crypto but stopped because nobody actually paid with it lol. They interviewed some of the patrons and they were like, why would we pay with something that could go up in value?

The story blew up so I think they started accepting it again tho since it was so ridiculous.

Landlords will just sell it for fiat. If I’m going to spend my sats, I’d want to find people who will use it to build a circular economy.

I just thought the point was to use it as a currency to increase adoption.

Who was your favorite Power Ranger?

No need for nip05, just a display name if you want to identify yourself

Yep. Character @ searches for name, username, nip05, hex or npub. Once selected from the list, it turns into an @npub. When the user hits send, it turns @npubs into tags.

What's to stop someone from making a nostr client that steals your private key and allows whoever made it to impersonate you?

Fedi doesn't have any centralized server, it's more of a combination of the middle and right.

Nostr and Fedi actually have a very similar architecture, with the main difference being that on the Fedi you are reliant on 1 server which manages both your account and aggregating your follows/notification/ect on your behalf, while on Nostr you manage your account and all your follows ect, and you can use as many different relays as you want at the same time.

This should hopefully take the power of censorship away from the hands of the relay operators and give the end user the final say in what they do or don't see.

Just keep in mind that this graphic is an oversimplification. In reality, the big blue dot in the middle one doesn't actually exist. The green dots are instances (on fedi) or relays (on nostr). The red dots are people's computers. So the graphic isn't an exact match, but it's close enough to get the point across.

I don’t know what 4chan is either. I thought it was just another word for the Fediverse.

It would definitely be cool if there was something to help non Fedi users to understand it. Sounds like there’s a lot going on. I think it’s interesting.