The reason I don't post/explore and spend more time here is that every 2nd post is a Bitcoin ad and every 3rd profile picture an animated Bitcoin ad.
Please, and thank you. I lovelolovNostr for its decentralization thanks to rejection of a blockchain and it's hard to keep using it faithfully while every 2nd post is a blockchain shilling.
Hahahahahahahahahaaaaaaa there go the goalposts
Wait til they realize there are 14X more fundamental utility units of BTC than USD.
2,100 trillion sats vs 150 trillion cents in circulation. The Fed can keep expanding the supply as it has since its founding for another 1,540 years before sats are scarcer than cents.
Which part of this don't you understand: sats are 14 X more common than cents.
There are 14 X more sats after 15 years than there are cents after 110 years of the Fed printing.
They will never be as scarce as cents.
The psyop around 21M is that a BTC is a collective noun for 100,000,000 units, not 100. The current limit on sats is 2100 trillion. The current number of cents in circulation is 150 trillion, cents are 14X more scarce than sats.
Lol it takes less to raise the arbitrary fiat limit of Bitcoin than USD. 21M (really 2 quadrillion 100 trillion units) was completely arbitrary, it doesn't even appear in the holy white paper. You have 6, now 5 core developers with write access to the centrally hosted Github. Nobody has or will consider any fork the real deal. But all of that is beside the point. USD can keep expanding at the rate it has since the Fed was established in 1913 and it will take 1,540 years for sats to become as scarce as cents.
On what basis is it expected to go up, centrally planned artificial scarcity? Yeah right. A Bitcoin is just a collective noun for sats. There are 2,100 trillion indivisible trading units of Bitcoin (sats) and only 150 trillion indivisible trading units of USD (cents).
Awkward when you realize those 2 quadrillion 100 trillion sats are an arbitrary decree (fiat) and means there are 14x more sats than cents (only 150 trillion) in the world.
Serious cope. If you thought an investment wasn't going to go up for 3 years, why would you lock your money up there? Come back in 3. The truth is, Saylor and Bukele misread Bitcoin horribly (-$1BN and -50% respectively). They should have HODLd USD then they could buy 2x the BTC today, by doing nothing else.
Through decentralized relays. Each of the relays that sent me your message has a different set of messages and they never try to sync up (well, it's not in the protocol). If all the relays synced with each other like Bitcoin nodes or the Facebook CDN, Nostr would not have a decentralized data layer, but a centralized and distributed one.
https://saylortracker.com is down almost $1BN vs. if he bought his first BTC today, March 2023.
https://nayibtracker.com is down 43% meaning he could buy nearly 2X the BTC he bought if he HODLd USD through your FUD until today.
But keep running with this "getting in early meant profit" myth. I'm sure your Aunt Jenny will outperform a Bukele or a Saylor.
Which of those do Bitcoiners not have?
Relay Group selection when you make a new Note would enable decentralized communities. Aping Twitter and hiding Relays under Profile Settings broke Nostr.
The work ethic of a champagne socialist.
Imagine everyone here was talking about their hustles bringing goods and services to market, satisfying people's wants most urgently felt, instead of trying to "buy in, sit back and trust the plan" and somehow all get rich out of your fellow buyers pockets. Yawnfest!
It's an oxymoron alright. We're here for the decentralization and you guys keep shilling your centralized database.
Distributed is not decentralized, and Nostr should teach you the difference.
Every resilient centralized database in the world, from Twitter to Bitcoin, is distributed across thousands of nodes.
What makes a data layer 'centralized' like Twitter is that those nodes always try to sync up to the same authoritative global state.
What makes Nostr 'decentralized' is that there is no conception of nodes syncing up to make multiple clones of the same exact data.
There are 14 X more sats than cents for everybody in the world to share.
The basic utility unit of BTC is 14 X LESS scarce than the basic utility unit of USD.
Bitcoin sats in 15 years: 2,100 trillion
Fed cents in 110 years: 150 trillion
Scarcity is a psyop. The fundamental unit is the indivisible unit.
USD is a collective noun for 100 individual units.
BTC is a collective noun for 100,000,000 individual units.