fiatjaf on nostr

Recent Notes

Reed · 1d

Should make all the sat totals display denominated in Litecoin while you're at it 😂

fiatjaf @fiatjaf 1784481046

No, I hate satellites.

uncleJim21 · 10w

If gold is not used as a means of payment then why is it 10x market cap of bitcoin? I agree that it needs to be an MoE to truly slay the dragon of fiat but it is hyperbole to say ALL of its value is ...

fiatjaf @fiatjaf 1784389990

Gold is used as a financial instrument and most of its value come from that.

It would be same with Bitcoin, as long as it was perceived as money by normal people. The moneyness of Bitcoin would form the core of its value on top of which other types of demand would be stacked.

With Gold I believe it has a fundamental demand for jewelry and other small use cases, and on top of that there is a vast amount of financial use cases that make its value be much bigger than that of other rocks.

In both cases if you remove the fundamental source of value the thing tends to zero.

uncleJim21 · 1d

The utility value of gold is like 10% of its market cap. Most of its market cap is imputed monetary premium (speculative). Its intrinsic value argument is moot and not a meaningful floor for price. I hate complacency and I think we have to push for MoE but I also think the store of value argument ...

ZeniusStudio™ · 1d

you spent a lot of words to say you like shiny rocks more than math. keep the jewelry.

mobuktu · 1d

> as long as it was perceived as money by normal people that will never happen

CarlBLatro · 18h

Bitcoin's value is it can be exchanged for fiat money which you can use to buy most anything with.

Constant · 6d

I disagree because it is in "quotes" and social graphs (isnt that actually what a 'social network' is?)are leverageable beyond microblogging or whatever

fiatjaf @fiatjaf 1784388881

I always say this. Basically everything we do on Nostr is "social" in some way, but if everybody reads "social" and immediately assumes it's just microblogging then I don't know what to do.

A Girl In Phoenix · 1d

I think of social as public forums to connect socially: LinkedIn, X, Insta, FB etc Come to think of it, I don’t think of Nostr when I think of social Huh 🤔

Constant · 1d

You can't win. Its a new paradigm, people simply don't have the concepts ready in their mind to comprehend what it is they are looking at in the first place. Any short sentence will 'fail' one way or another.

note1rar6q...

fiatjaf @fiatjaf 1784371665

I thought bolt12 had already solved everything 8 years ago, or maybe when it was actually finished 2 years ago?

I think waiting another 8 years should do the job. I know that is a good idea because we are early and Bitcoin has already won.

fiatjaf

@fiatjaf 1784340975

Finally a client that allows me to browse only through @hodlbod's notes in Latin:

atyh · 1d

Hoc est quod populus desiderat!

Dawn · 1d

😂 I think I said it before but the statement has more brevity now: I am going to republish every one of your nak command notes that I see to wss://bookmarks.relays.land !!

Reed · 1d

Should make all the sat totals display denominated in Litecoin while you're at it 😂

Bellatrix✨ · 1d

And the client is..?

fiatjaf

@fiatjaf 1784336273

Welcome to wss://pyramid.fiatjaf.com, @akovalenko. Did the invite flow work reasonably well?

NotBiebs and 69 others · 1d

I came up with this idea while I was walking around the lake today. Is anyone working on something like this? If not, should I make it? Any feedback would be appreciated. https://blossom.ditto.pub/d5...

fiatjaf @fiatjaf 1784336113

Looks like a good idea to me.

The problem is getting the rest of the world to notice it and add support.

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NotBiebs and 69 others · 1d

I could at least make a simple Chrome extension and a demo app to get started.

NotBiebs and 69 others · 1d

I made a repo with the idea. I'll post the link on other socials later at a better time to hopefully get some eyeballs outside of nostr on it. https://github.com/SamSamskies/inference-provider-api

Carnívoro Protocol · 1d

Estoy de acuerdo, la dieta carnívora tiene beneficios. Un estudio de 2019 encontró que redujo el colesterol LDL en un 20% en 4 semanas.

paul keating · 2d

The goal of bitcoin is to end fiat. Probably my favorite trailer nostr:nprofile1qqspcnftyspes536fa804msqwzryjavzqy62g86tnrc34uvaeawdjrqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3camnwvaz7tmwdaehgu3wv9c8qt...

fiatjaf @fiatjaf 1784315879

These days it's getting increasingly harder to find people who actually believe the goal of Bitcoin is to end fiat. Even in this trailer, only @FRANCIS - BULLBITCOIN.COM said it explicitly, I wouldn't be surprised if all these others were more worried about other things that aren't clear and didn't care if Bitcoin remained a niche useless rock forever.

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teemupleb · 2d

I suppose many Bitcoiners have gone to some kind of a conclusion that “ending fiat” will be something that only their grandchildren and great-grandchildren will be able to witness. It’s not easy to accept that you might never see the fully blossomed fruits of your labor. But it’s always go...

Based Truth · 2d

Klaus Schwab's puppets infiltrate Bitcoin, diluting its anti-fiat purpose.

DustRG · 2d

The Trojan horse is so convincing even bitcoiners believe it's changed sides.

Claudie Gualtieri · 1d

Exactly. If Bitcoin becomes a Wall Street pet rock, agents will just automate the same fiat cage faster. The point is exit, not better dashboards for prisoners.

Jordan 🫪 · 22h

I think the problem is dual sided, more speculators are joining Bitcoin/crypto, and all the original Bitcoin users are going to other chains like BCH, Litecoin, Ethereum, Z-cash, and Monero. I mean Vitalik was in Bitcoin for a long time before making eth. The problem is core isn’t innovating bec...

utxo the webmaster 🧑‍💻 · 2d

Is killer diarrhea a psyop come on

fiatjaf @fiatjaf 1784249142

What happened with supposed thousands of drones that were flying all over New Jersey 2 years ago?

11❤️4:KEKW:1➕1

Chazstr · 2d

People got bored and stopped sending their drones up to look for the drones.

Brunswick · 2d

You can flip your phone 90° but not so easy with your laptop

fiatjaf @fiatjaf 1784248851

I use a desktop.

fiatjaf

@fiatjaf 1784248307

Few things on the internet are worse than the fad of "vertical short videos".

6❤️9💯4🤙2🫂1

Brunswick · 2d

You can flip your phone 90° but not so easy with your laptop

crany 👽🧡🗿 · 2d

ADHD bait

Kayne · 2d

Horizontal short videos are definitely worse. Gotta turn your phone 90° and switch auto rotate on just to watch a 30 second clip

N3WD3V · 2d

Ya i use to feel like that too but they here to stay. Thats the way most ppl get information on the internet from here on out.

Trooster · 2d

💯

fiatjaf

@fiatjaf 1784214572

Relays that want to be public or semi-public need more ways to discern an npub that has a real person behind it from an automated sybil attack, and this is a great idea.

But instead of selling npubs someone should sell badges.

But if you're doing it from a physical location then a badge could just be given for free as long as the process can't be automated.

Then we will just need someone to manually collect a list of of these badges are worth an npub be recognized as a human and relays can pick from that.