Damus
arkinox · 2w
Verified signatures are fundamentally core to both nostr and bitcoin, and in theory, they are important. But the world still runs on institutional trust, and verified signatures have no practical val...
liminal ๐Ÿฆ  profile picture
Yes. I've been thinking about this a lot. Bitcoin's mechanisms facilitate transfer of value in adversarial conditions. Nostr operates as the social extension of that, where the most open parts of nostr are possibly the most adversarial social systems that exist. Anything that works here becomes even more robust with more selective curation.

There's also something about nostr that allows us to observe emergent governance in real time in adversarial settings, which I think is super interesting. Bad actors flood the weak parts of nostr, users retreat into more closed relays or get off nostr until things clear up and/or developers find solutions to mitigate those actors in the future. Kind of like nostr breathing through the influx and efflux of users and their activity on the network.
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liminal ๐Ÿฆ  · 2w
Is the emergent governance is something that institutional economics never had. It was always about trying to reverse engineer existing successful institutions after the fact, or pointing at something current and say "hey this is interesting look over here", nostr actually makes the continual re-neg...