Some people think Bitcoin doesn't have to scale and get adopted enough to become money, it can just be a "store of value" forever.
The first thing is that these people don't really believe in "storing" anything, they want their "value" to go up, not to be stored, so the discourse is already skewed from the start.
Meanwhile all the value Bitcoin has today and all its price growth came from the expectation that it would be used as money (i.e. means of payment etc) at some point.
Because random pubkeys stored on blockchains are just worthless bytes, if we stop making moves towards the only real goal (commerce adoption), then eventually markets notice and all the side "store of value" and related discourses are exposed to reality.
Remember those people that used to say Bitcoin was a ponzi scheme -- I don't know, Peter Schiff, Jorge Stolfi? Their takes were nonsense to me at first because I had in my mind that everybody believed that Bitcoin would eventually become money, so there was no way this was a game of the greater fool, everybody would benefit, even the last person to buy Bitcoin on Earth would benefit from it.
But no, these people just assumed Bitcoin would never become money, and with that assumption their reasoning makes perfect sense: if Bitcoin doesn't become money then it is nothing but a ponzi scheme -- as most of the shitcoins clearly are.
And now we have all these self-described Bitcoiners who think the same, don't be one of them. And please make them wrong again.
fiatjaf
_@fiatjaf.com
npub180cv...h6w6
~
The latest #pyramid release allows you to see who are the weirdos connecting to your relay:
And what they are subscribing to:
(All the IPs were randomized before the picture was taken.)
And what they are subscribing to:
(All the IPs were randomized before the picture was taken.)This is a stupid protocol, but I like that at least they are not shy about the need to have multiple interoperable clients with no dependency on centralized servers or domain names.
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UX specialists saw that AWS was successful and immediately concluded that their click-ops UX was the cause of the success, so they had that replicated on Google Cloud Console.
The market has decided.
People should listen to James O'Beirne's take on quantum threats to Bitcoin more.
In short: there are none, and scaling and miner revenue are much more important concerns regardless.
I've opened my Gmail web app 3 times today and deleted all emails on the inbox. The same emails were there again the next time I opened it some hours later. I think the third time it worked.
There are so many emojis and most of them no one uses, I don't know how you manage to find the ones you want to use in that enormous (and tabbed) pile of icons.
Even worse, my two most common emotions when reading stuff online are not represented at all.
I paid for a meal with Bitcoin recently. The place was very modest and they just had a WoS QR code glued to wall. When I told the old woman at the cashier that I wanted to pay in Bitcoin she just told me the amount and trusted me to type that on my phone and trusted that my wallet would know how to convert that into satoshis at a reasonable exchange rate (she didn't know anything about Bitcoin I'm pretty sure).
Can't we make this better? There could exist a device with buttons where she could type the amount like she did with the credit card machines all other customers were using. She would just press the amount there and handed me a QR code to scan with the amount included, and exchange rate conversion done at some server trusted by the restaurant, it could be fully offline.
I'm just saying this because I was amazed by the fact that so many years have passed and I barely hear about these kinds of issues or the solutions to them. Makes me feel that no one is thinking about the problems of grassroot Bitcoin commerce adoption, which is the most important thing.
Nostr promoting reunions of old friends, beautiful to see.
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Quotes as replies: back to the old Nostr days.


If we were to market NIP-17 as a simple generic open protocol for DMs on the internet (without mentioning Nostr or NIPs or anything) by what name could we refer to it?

eCash — Bitcoin Hardfork · August 21, 2026
Bitcoin hardfork activating drivechains. Every BTC holder receives eCash 1:1 on fork day.
Who said Nostr doesn't have valuable original content?
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Here, for example:
A group of technology enthusiasts clamoring for an open DM protocol and no one telling them about the great news of NIP-17 privacy-preserving messaging that works + user-chosen relays for maximum decentralization.
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Lobsters
What we once had (at the height of the XMPP era of the Internet) (2023)
48 comments
Everyone promoting Nostr inside Nostr is banned forever.
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I don't know when was the last time you tried or upgraded #nak, but there are some new (or maybe not super new) useful things (and hopefully not too many new bugs) that may interest you:
- "nak profile <pubkey-npub-nprofile-nip05-etc>", easily the most useful of the newish commands, I use it all the time to get the name of some random pubkey I see in the output of other nak commands.
- "nak group info/members/admins <nip29-group-address>", displays information about that group. then there is "nak group chat" that streams the chat room live in readable format, together with "nak group chat send" to send a message (from another terminal); "nak group talk" that yields a URL you can visit to join the group chat room in your browser; "nak group forum" displays the forum view of that group, together with "nak group forum create/comment" for creating a new thread of commenting on an existing thread.
- "nak bunker --profile <name>" stores your bunker data in a file under that name such that you can restart it later easily; then if you use this profile name you can later run "nak bunker connect --profile <name> 'nostrconnect://...'" from another terminal window to connect using the "scan QR code" flow instead of the "paste bunker URI" flow.
- "nak dekey" manages your NIP-4E decoupled encryption key (famously supported in Coop and Jumble DMs).
- "nak git" I think I've mentioned before, but it works pretty well, I use it everyday and as a has ton of subcommands I won't mention here.
- "nak validate" takes events as input and tells if they have all the required tags and in the expected formats according to https://github.com/nostr-protocol/registry-of-kinds.
- also when doing "nak req" or "nak event" you can pass an --outbox flag and nak will figure out the relays to connect to on your behalf, it will do that smartly according to the event authors, tags or parameters in the filters.
Please report bugs or ask for features here in the comments or in the chat:
GitHub
Release v0.19.6 · fiatjaf/nak
a command line tool for doing all things nostr. Contribute to fiatjaf/nak development by creating an account on GitHub.
Nostrord
Looks like @adiabat (Tadge Dryja) wanted to implement Lightning first as a much simpler protocol, with no onion routing, easier to debug, no HTLCs.
It was interesting to hear the full story of his Bitcoin life, I don't think it had been told before. Including what happened in the mysterious foundation of Lightning Labs (how it started as a Poon-Dryja company and fast-forward some years and it's just Stark-Roasbeef) and why he stopped working on DLCs.
