Damus

Recent Notes

flix profile picture
To be fair, at the time it was hard to see. LN⚡️ was just an idea when the debate raged. IIRC the lightning torch came a full year after the blocksize debate...

flix profile picture
Shenzhen Gold Platform JWR Collapses: $19B Frozen – FTX-Sized Scandal Hits China Amid Gold Rally

Paper gold is like paper Bitcoin. If you don't hold it, you don't own it.

Not your keys 🗝 not your bitcoin.

@nevent1qqs...
flix profile picture
Hard forks are a slippery slope.

The moment that you lose backwards compatibility, individual sovereignty is lost.

Being forced to upgrade puts you at the mercy of devs.

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Tell me more please. I've heard this argument before, but never properly explained.

I'll accept a link if that is faster 😉

flix profile picture
Each of this strengths does come with a negative side: it's more work!

Decision paralysis exists.

Some people love choice. Many want a closed menu that saves them the effort of thinking, understanding, deciding.

Onboarding on Nostr requires much more mental effort that downloading tiktok or other optimised, zero effort, algo-driven slop dispensers.

It is much more rewarding to build your own network, but it takes time to do so.

I don't think that we will get mass Nostr adoption for a while yet. Eventually a few opinion leaders will get it and then they'll bring their followers. But I don't see it as being anything but a slow process.

The good news is that once you know and understand, you are here to stay.

flix profile picture
Please help me list #Nostr advantages v centralized social media.

1. Censorship resistant
2. FOSS
3. User owns contacts
4. User owns content
5. User picks algo
6. User choose app
7. User picks relays
8. User picks moderation
9. Zaps
10. Web of trust

What am I missing?



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Just like Bessent thinks that stablecoins are a trojan horse for the US Dollar, I think that they are a trojan horse for Bitcoin.

Once millions of people have value stored in stablecoins, we will have rails in place to enable them to exchange them to Bitcoin with a few clicks on an uncensorable #DEX.

Then when the USD panic happens the flow of value to Bitcoin will be unstoppable.

@nevent1qqs...