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NostrDamus
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Exploring all paths to a bright, harmonious and prosperous future world ... "A society grows great when old men plant trees whose shade they know they shall never sit in." Ancient Greek Proverb

glad to see you in the forests. magnificent animal.

GM 🙃

exciting times. congratulations.

good luck next season.

GM 🙃

Replying to Avatar Ken Berry, MD

when the (elites?) say they are saving the planet, there is a question to be asked .... for who?

we know who the regenerative farmers are working for.

GM 🙃

high school dropout delivers this eloquence ....

a nobody definitely worth listening too.

kudos oliver anthony.

thanks for sharing

GM 🙃

high school dropout delivers this eloquence ....

a nobody definitely worth listening too.

kudos oliver anthony.

thanks for sharing

GM 🙃

anonimity in this day and age has to be questioned.

who has the real power to hide things?

could btc be a massive trojan horse? capture those fleeing the failing system?

always questions

GM 🙃

Replying to Avatar Max DeMarco

Uncomfortable Nostr Reality check:

I've tried to Nostr-pill all my YouTube friends (some of them have incredible amounts of subs), but none of them care about the censorship resistance or decentralization. Even though they know Nostr exists, they have no incentive yet to come here. Their audience would follow them anywhere, but they need the tools to create community communications.

It's a sad reality, but it all comes down to usability, UX, and ultimately the easiness of paying and signing up for the community. None of these can afford to have a sign-up problem or issues with someone being interested in joining the community/their platform. It needs to work flawlessly and feel and look professional. Some of them charge $3-5k a year just to get access to this closed space, and people are willing to pay for this.

Another big pain point is community management. All of these YouTubers create these platforms to help their audience have a safe place to communicate with each other and build their own tribe.

Nostr is capable of facilitating all of this - we're just not there yet. We need to somehow invest so much more into UX and design.

All of this will come when the time is due. So, knowing that all of this is possible and that ultimately, Nostr will be powering most of these via the social graph, is what makes me extremely bullish. But also, let's not get ahead of ourselves and expect them to come already.

The UX and features are not there yet for these people. I am more than happy to help anybody trying to make this a reality. I want nothing more than having these people join Nostr. But I also totally understand their pain points. So, if you're a dev or a company working on this, please feel free to reach out - I can tell you all the issues they told me. Or just tell me how to best do this; maybe I can jump on a podcast so the issues are open-sourced for the whole community to hear.

#nostrdesign #asknostr

nostr:note1xpfwextc3h2m5n8k45cgk0h9sthf5zd53fjk65g27utg7wky8f3qzhe9j4

are numbers really the need or quality?

"quality never goes out of style" levi strauss

"build it they will come"

we are building a new alternative, it will take time to understand the needs and desires of the future. free market analysis.

trying to hang on to an old world whilst you build a new one is rather like staying in the swamp until it is drained. sure it will be much better when it is dry and full of healthy vegetation. in the interim you suffer the perils of the swamp.

focus attention where you want things to grow.

GM 🙃

this is a great question?

btc has been centralised. expensive to transact. privacy - seems non existent with chainanalysis ...... complete change from satoshi vision. why? how? who? follow the money.

yes money go up but at what cost to btc?

it's time to seek the facts people. the current btc is another selective narrative.

don't trust - verify.

GM 🙃

thanks for the reply brett.

it was my thinking too. lately with fees rising rapidly and miners cherry picking transactions, it is a question at the back of my mind, what happens when the rest of the world gets on btc. how long and how much a transaction? privacy is great but functionality has to be considered as well.

increasing block size increases speed of processing. it also introduces other issues eg: what is is allowed to be included in block...

cost of technology is ever decreasing is a 40tb hdd really a stretch 10 years from now? that allows network to scale over 40.

thoughts?

GM 🙃

when btc started it would appear the 10 minute wait was acceptable. if there are any that used btc in this time it would be great to know what the experience was like. pros and cons.

today's corruption of currency and the financial tools, makes 10 mins seem like a small price to pay for the freedom. the downside are the fees to do small transactions, which reduces the feasibility of using btc for minor transactions. yes there are some great l2 solutions. are we reinventing the wheel though?

if btc was unlimited transactions from the start and only installed small blocks for protection of the early network, would it be reckless to consider expanding the scope of operations to match the network scale?

the danger is ossification or stagnation. if nobody uses the network for anything other than huge payments, it is no longer the people's money. can l2s be locked out of the network? eg: can lightning be switched off/disconnected?

thank you for your response. it is all extremely helpful in understanding.

good fortunes with your ventures.

GM 🙃

Replying to Avatar Jeff Booth

I’m writing this because I keep getting asked to comment on Saylor/Saif video even though my position hasn’t changed.

The natural state of the free market is deflation which means all prices fall forever in Bitcoin (assuming it stays decentralized and secure)

Free market economies are more productive meaning faster deflation (or real wealth gains by falling prices)

That system is incompatible with an inflationary monetary system meaning one of those systems must fail.

Either:

1) A system based on truth, hope, and abundance for all 8 billion people on the planet driven by a free market economy and all prices fall relative to bitcoin forever. This means Bitcoin is used as a medium of exchange and freedom tech spreads to the world through lightning, Liquid, Fedimint, Cashu, etc.

OR

2) A control system. An extractive rent seeking system that is NOT the free market (similar to the one we have had for 5000 years that resets every 100 or so years through war) continues to centralize by having you believe price of bitcoin is going up in fiat which makes the surveillance state stronger. This eventually centralizes Bitcoin - custodians, media, regulation (funded from the same manipulation of money) where it is attacked from layer 2. (Similar to gold)

While these ideas may “seem” compatible in the short term because you want Bitcoin to go up in fiat. What it really means is that you are giving your energy and strength to the system centralizing the world by converting Bitcoin to Fiat….to then measure prices.

Quite simply - If Bitcoin is only a store of value, it fails as a store of value.

Ps - It won’t fail. #1 is inevitable in time because too many (and more each day) have seen behind the curtain and are determined to build path #1.

Many of you here - the people that inspire me every day. You make a difference with every word, thought and action.

Almost did that in all caps per nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx because it’s so important.

Referring to # 1 above…..There is no second best.

btc is being attacked on two fronts from outside and from within. satoshi's white paper spoke of nothing more than a medium of exchange. the store of value was never mentioned. it is arguable therefore the value is the medium of exchange.

crisis of confidence - small blocks, big blocks.

small blocks allow millions of nodes to run domestically. they also protect against 'dod' attack of the network. in the early days this was necessary. today with millions of users, less so.

big blocks allow for more and faster transactions. btc is scaleable. it always has been. spv made that possible, it is still possible today. the small blocks were only a precaution in the early days. so why do we still have small blocks?

small blocks make it easier for everyone to store a full node. given the full node is less than a tb, this is really not a something we should be worried about. most businesses run 40tb servers+. btc could expand the block size and still maintain 100s of thousands of nodes. so why keep blocks small? who wins?

in the short term those setting fees. in the long term, nobody. btc will fail to be of any value unless it is returned to being a medium of exchange. it is only an asset if it has value to people. if the network only handles the monster payments, what value is it to you and i?

dollar go up is completely the wrong thinking.

use btc to avoid fraud, corruption and dystopian rule. return to a free market and peace. the value in that is instant.

if you are in business or starting out price in btc. sell, buy borrow lend .... in btc and create the world you want for you and yours.

lets also open the discussion around block size again and stop the censorship from within. this way we win on both fronts. we leave fiat behind and move on with the world's best money.

GM 🙃

Replying to Avatar boston wine

Something I’ve thought about a lot in the past couple of years:

Money is the one good that every single person uses. It’s one half of nearly every trade.

As long as the price of money is set by a centralized entity, a true free market is fundamentally impossible, because every transaction is influenced by price controls.

I literally just had to pull the car over to start writing: while listening nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe describe “lightbulb moments” (in the context of free markets and deflation), a lightbulb — call it a zap — struck me profoundly…

Unlike the fiat system, Bitcoin IS a free market for money. Meaning that in Bitcoin terms, “half the equation” is already resolved into a deflationary free market system. Even with governmental price controls on many products, because of how radically free Bitcoin is, it completely changes the nature of the trade.

What clicked for me was this: Bitcoin exists — it’s already here — meaning that, humans already, here and now, have the choice to operate/participate in a free market, where prices fall forever.

It’s not “when we reach hyperbitcoinization” or “when Bitcoin is legal tender” or “when adoption happens on XYZ level” (although all off those help to can grease the wheels). It’s already here, if you CHOOSE to measure in Bitcoin.

No joke, my mind was blown so fully that I had to pull over so that I could write this stuff down. Now that I did, I realized it belongs on Nostr 🫡

Back to the drive, and to the podcast. Thanks for keeping my wife and I company, nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u and Jeff 🙏🔥

https://fountain.fm/episode/nvE4MO4qv2SB4q9ZcItK

welcome to the bright side.

it is moments that like this that make me smile.

if it makes life even simpler for you - it's like moving country - you now work in a different currency or in this case with REAL money.

enjoy the journey and stay safe.

GM 🙃

great work joe and fascinating incite.

speed of progress next to speed of btc.

a reminder that everything moves at the speed of the slowest wheel. in some cases that wheel has not even been made let alone moved.

we are still soooo early.

GM 🙃