Bitcoiners will realize they HODLed to spend ultimately. The more bitcoin saved means eventually more bitcoin spent as the medium of exchange utility kicks in. It is a forcing function.
On the other hand, we will have more people wanting to earn in bitcoin: hard and permissionless money. This is another driver of medium of exchange adoption.
Nostr will help speeding things up by establishing unstoppable markets built on cryptographic identity and open data formats.
Compatible Communities bootstrap these markets effectively. They provide the root of trust as it once was in physical space, before states diluted real trust with mass-nationalization, destroying and homogenizing identity and culture under one centralized "nation".
Bitcoin is sound money, solving the coincidence of wants. Nostr is sound identity solving the coincidence of relevance. It means that everyone can at last discover the best people to deal with, and no one can stop it.
We must rebuild authentic connections piece by piece with freedom tech if we want a prosperous future.
How do you spend bitcoin without permissionless, authentic marketplaces, built on real trust?
This is where Nostr will shine. A real problem where sustainable businesses can be built.
Consider building products and services for communities and marketplaces on Nostr, with bitcoin-based payments.
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