Replies (56)

i think this is mostly the reason more generally their identity and worth is tied to their x follower account
If you understand and like freedom money, then it's not hard to understand freedom communication. If they don't, then it most likely means that they're into bitcoin for different reasons than they think and/or they feel validated by their followers and interactions with them. I get the last part. After all, humans are social creatures. However, all it takes is a little bit of proof of work, which they claim to understand, to be social on Nostr and enjoy being here.
SoapMiner's avatar
SoapMiner 1 year ago
Of course. You have to face the fact that what you believe is wrong when presented with new evidence.
Not that weird. Bitcoin is P2P and a lot of people don't realize nostr's design welcomes a P2P nostr network to develop later
HolySats's avatar
HolySats 1 year ago
TBH, I still have problems with Nostr decentralisation. I don’t think that we’re able to set up relevant relays as fast as they are going to tear them down (should they want it to). But hey, prove me wrong.
Nostr and ₿ They are part of the same decentralization mechanism.
Angel's avatar
Angel 1 year ago
⚡⚡⚡❤️❤️❤️
I think that's true, but it's crazy to think about… Their self-worth is tied to a follower count that could disappear at any moment. They can’t take those followers with them if they switch platforms, and they can’t transact peer-to-peer. It’s like building a foundation on sand. Their hate for nostr may be born from jealousy and envy.
I see MSTR as an experiment. I really don’t think anyone can truly understand exactly what is happening or will happen, not even market finance experts. It’s never really been done before, diluting stock to purchase the world’s hardest money. The problem with MSTR is everything that Bitcoin fixes: - CEO/Company issues, what if Saylor starts shitcoining, the board changes strategy, he dies, etc - Coinbase as their custodian. There are no proof of reserves and even if MSTR holds strong, Coinbase can have company/government/fraud issues. - Diluting MSTR stock typically never is a good thing. They say because they are bonds he can’t get liquidated, but who really knows, and who wants their shares diluted. - Everything is still $ fiat and government, Coinbase, StrategyB controlled. With all of this said, ‘there is no second best’ and holding Bitcoin, ideally cold storage, is the only way to circumnavigate the above. Now, on the other hand, the above isn’t guaranteed failure, and this experiment may turn into an extraordinary investment and company. I put MSTR into my 401k years ago before the ETFs and it’s done great, and I don’t plan to sell. It’s a leveraged experiment, but I would never choose MSTR over Bitcoin.
If nostr haters are going to use nostr's strengths against it, like those screenshots of hard-to-track statistics, maybe stats sites should include a small disclaimer about the nature of data collection on a decentralized network, for the curious readers.
I can understand the Dan Held take, he never seemed capable of original thought and will wait until someone he thinks is worth copying to change his mind. Are there others? I can’t believe that bloke is back in my consciousness, he is Bitcoin twitter personified
Bitcoiners are some of the most authoritarian people I've ever come across. Mostly because they're human, just like the "normies." These are facts.
There's a lot of relays for the "them" to tear down. Say they come close, the blastr's can be turned on. They can't take down tor only relays. No doubt they've been aiming to take down Dread on tor for years. Nostr's not under such an attack but the second there's a hint of fear, relays go tor only and onion urls are spread around. Media links are the main point of failure we still have. Not sure why there's little attention in this regard.
You should try aqua wallet. It's really not weird at all. It's maybe weird it took us this long to get some decent wallets.
Unless you're referring to the truly impaired who don't even control their own money now ... Then of course
Then Strategy should use distributed custody models like Unchained, Onramp, or Anchorwatch. The fact that they do is why I decided to stay humble and stack sats. This is the problem # bitcoin solved: "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network." What problem does Strategy solve by "buying BTC" from Coinbase? It seems to me they are only re-introducing the double spending problem.
Open source means use how you want. Nothing can stop or hurt ₿itcoin now. A few million trapped and centralized just pump our bags.