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MainStreetChungus
mainstreetchungus@nostr.report
npub1pvuu...d7a5
https://nostr.report ⚡️Bitcoin ⚡️ | Meme afficianado 🌎👩‍🚀🔫👩‍🚀 | Fiat 💵 Miner ⛏️
When does the MSM start blaming nostr for encouraging bitcoin - causing bank liquidity problems just like they blamed Reddit for encouraging people to buy GME - causing a run on Citadel?
Balaji’s on point here saying “The question is how to get out. Fed is launching their CBDC in July. You have about 90 days to exit. After that, you’re trapped.” Just today I listened to a podcast where Cem Kansan rather nonchalantly says that banks may have to put withdrawal limits to slow the rate at which people can take money out of the bank for “the health of the system.” Banks are no stranger to slowing bank runs. “In the 19th century, when bank runs were common in the U.S., banks who feared a run would have employees and relatives line up in front of the tellers and make tiny deposits or withdrawals, to pass the time until the bank closed. “ https://www.npr.org/sections/money/2012/06/12/154719542/three-ways-to-stop-a-bank-run Point being that we need to be prepared, the banks will team with government, in the face of a calamity, and will likely put restrictions on your money “for the good of the system.” It will be Covid all over again but with banks. I will have a Plan B ready 🟠
#[0]​ l was listening to the panel on monetization and had these thoughts… I do think in these early days it will be critical to allow people to have free clients to get on the nostr protocol to remove any barrier to entry, allowing the network to grow. There will however be a segment of damus/nostr superfans that are already bought in and want the latest features and are willing to pay to be on the cutting edge. 1. What if you made “TestFlight” a permanent thing…. A monthly fee for a “TestFlight” version where users would get all the latest updates and experimental features first, and then the regular App Store download would be the free version and they would get the latest features after a few months. 2. And/Or… I think you could also crowd fund new features by using zaps to allow users to poll which feature they want implemented first. Zap the feature you want the most and the amount you zap is how bad you want the features incorporated. The largest zaps are the ones that get worked on first.
Let’s never forget to thank #[0]​ note15uclkk28wju2aa5mdae84m7zvkkvxvr69nz8l8gdk9sjdat6x2zsf24jfs