#[1]​ Not all of them are idiots. We should be humble enough to ask what we’re missing to not understand why a Bitcoin strategy, while it makes all the sense in the world to us, is not an option for many of them yet.

If you want to know how early we are, there are numerous companies in Silicon Valley having urgent meetings right now to determine which banks are safe to use, while completely skipping the topic of implementing a #Bitcoin strategy.

THE NOSTR REPORT

BITCOIN OR BUST

Mar 10, 2023

Block Height: 780,182

Moscow Time: 50:05 ⚡/ $

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🎙️Quote of the Day🎙️

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#[0] “For the past decade, folks called me crazy for supporting Bitcoin because ‘inflation isn't a problem.’ For the past decade, folks called me crazy to suggest being your own bank because ‘banks are safe.’

It's bittersweet to be proven sane.”

#[1]

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🚨Headline Nostr News🚨

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#[2] California regulators close 🏦Silicon Valley Bank🏦 $SIVB in the "largest bank failure since the Great Recession," putting nearly $175 billion in customer deposits, including money from some of the biggest names in the technology world, under the control of the FDIC. Customers with deposits totaling more than $250,000,would be given certificates for their uninsured funds, meaning they would be among the first in line to be paid back — though potentially only partially.

#[3]

#[4] provides his commentary on the "too big to fail" banks.

#[5]

We can all understand the enormous amount of pressure that #[6] feels in getting Damus off the ground. Though we can agree this is not sustainable as the projects scale, what has made Damus (and nostr) special is the ability to mention a dev on a bug or feature request and have them respond. Let’s face it, no one here is going to get a response from Elon (sorry even you #[7] ).

But the community showed its true colors by zapping Will with over 16m ⚡️sats. This is true value for value, and the ⚡️sats are the 📡signal.

This reminds though that we are all human, we all need help, and we all need to take breaks. We Bitcoiners and nostr early adopters are pioneers, we are on the Oregon Trail of our generation. The trail is not certain, it’s not easy, but we will find our way west to a better life. Carry on JB55 and the rest of the devs, we got your back.

#[8]

#[9] 🚨REMINDER🚨!! Zapathon Part 4 kicks off at 5pm Eastern US Time. Load your wallets, let’s make this the biggest yet!! And after the zapping, don’t forget to join the party with #[10] where he will have our own #[11] on the #Plebchain Radio Nostr Spaces broadcast.

#[13]

#[14]

#[15] compares nostr v4v zaplife.lol with podcasting stats #[16] stats.podcastindex.org/v4v 🫰

#[17]

#[18]

#[19] gives us a stark reminder to be careful when choosing a bitcoin wallet. Services that appear to be bitcoin native, like Bitcoin Libre, are actually running an EOS fork. 🚨🚨

#[20]

#[21] shares new record for ⚡#Zapathon!⚡ Wallet of Satoshi shares zap stats. ⚡🏃‍♀️🏃⚡

#[22]

#[23] warns us that most bitcoin exchanges have exposure to the banks that are failing and shares some self custody guides. 🗞️

#[24]

#[25] shares 2 things that resonated with people he has purple-pilled: 1) access to content from multiple clients, & 2) ⚡zaps⚡, noting that some people thought LN was not functional yet.

#[26]

#[27] says "Sorry Meta, too late" and shares article about Meta building a decentralized, text-based social network. The article fails to mention anything about nostr. 😱Scared😱 much, Meta?

#[28]

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🏝️Nostrica Update🏝️

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#[29] #Nostrica update

#[31] 🌴🥥

#[32] Learn more about Costa Rica before you 🛬arrive🛬 at #Nostrica. Today, "El banano."

#[34]

#[35] Stay in Costa Rica for the Nostrica ⌨️Hackathon⌨️.

#[36]

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💻nostr Tech💻

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#[37] Amethyst 0.24.2 update brings several fixes and updates listed in the linked note. 💜🟪

#[38]

#[39] shares link to article titled "The Death of Decentralized Email" and says there are great lessons to be learned from it. 📨

#[40]

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🔥🔥Meme of the Day🔥🔥

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#[41] Powell Salt Bae

#[42]

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Stay Classy Nostr.

Knowledge and Language is epigenetic evolution which cannot be seen in other species, this is a fact.

I haven’t read his book yet but I’ve just finished a mind bending podcast he done with #[0] and I can understand why it’s confusing people, and why the thesis is probably being heavily rejected by Bitcoiners, Lowery is clearly stating the obvious through the fundamental forces of nature, people probably don’t want to accept the harsh realities of how nature works, it’s not all sunshine and rainbows… and if you cannot understand the connection between War & Money than you should probably take a closer look…

My personal opinion is that Bitcoin can be a weapon defence system which can be backed by the power projection game, but it could also be used to move us towards the ultimate peacemaking machine, so I find both sides of the argument right in a way, Bitcoin is ultimately just a powerful tool to be used, but it’s down to the humans to decide which route is taken.

My critique towards the thesis from what I understand is the emphasis and comparison between humans and the animal kingdom, it’s clearly evident that humans as of now are distinctively different in how we operate, communicate and build, humans in some sense have broken away from the traditional evolutionary model which animals follow, this is through the mysterious advent of language and the dawn of epigenetic evolution, where environmental changes are not through DNA and millions of years of evolution, but through conscious behaviours and responses, because of language we are able to create weird mouth noises and understand one another, language is not just in the form of acoustical pressure waves, but it can also be written and digitised, each carrier of epigenetic evolution can then process and advance the previous platform of knowledge.

Ultimately I believe Bitcoin is an extremely powerful tool, and that it’s down to whether humans can figure out that nature tends to favour cooperation & adaption.

The concept of a “platform” on the internet is a holdover from a time when computing and storage was expensive, bandwidth was scarce, and you needed to build economies of scale to make things like social networking viable.

We now live in a world where computing and storage are cheap, bandwidth is plentiful and the economies of scale for these things have overflown and the water of unutilized excess capacity is just pouring all over the ground.

Add the rise of artificial intelligence to the mix, and it’s really not that hard to see where things are going — a complete renegotiation of the fundamental assumptions of the human-computer interface, and ultimately the shape of the internet itself.

But if you’re still thinking about building a business atop the notions of what I call “platform thinking”, you’re going to get slaughtered in the next 5-10 years. This truly is a moment of all assumptions breaking down.

What people say and what people believe are NOT the same thing.

What people do and what people believe ARE the same thing.

Tiny children know this.

Adults do not.

That why you have the be the person you want your kids to be, telling them doesn’t work.

This is like that.

cool where is it located?

You don't.

You trust that other have because the code is open source.

They'd have been called out by now if it was unsecure.

maybe one interesting angle is that it used to be a necessary idea, but bitcoin removes that necessity, which is nice. what we get with bitcoin will arguably be an even purer form of what about it was initially good.

Verify the code on their repo. 😂