JOE2o's avatar
JOE2o
npub150rl...d063
B2B
JOE2o's avatar
JOE2O 14 hours ago
One of the more annoying things about decentralisation is how tribal it often becomes. This is as true for monies as it is for social networks. Everyone’s decentralised thing is the best thing of its kind. Every other attempt at decentralisation in the same realm is garbage. Not practical. Not really decentralised. Something wrong. Everything wrong. Full of losers. Our decentralisation thing will take over and all the other decentralisation things in the realm will collapse under the weight of our own. And other such tribal nonsense.
JOE2o's avatar
JOE2O 5 days ago
For nostr, feels to be like the main challenge is more on the gating side than on the payment side. Pure tipping is never going to be the way. Human psychology is what it is, you need an unlocking mechanism paired with
JOE2o's avatar
JOE2O 5 days ago
The problem with the Bitcoin 'fixed supply' argument is that it has to be seen in context of the fixed supply of human brains on planet earth. There is only so much X for Y doesn’t make sense if you don’t have a look at both the X cohort AND the Y cohort. There are only so many cookies for 10 people, but if 10 people drops to 5 people then the nature of the cookie supply changes, despite the number of cookies remaining the same. Pressure has been relieved. The scramble is over. Scarcity has become abundance. For Bitcoin, if you have someone who owns a claim to 1 Bitcoin, they are not going to also buy 1 actual Bitcoin in addition to the claim to one they feel they already own. They are taken out of the Y cohort. These claims to Bitcoin reduce the size of the Y cohort, and by reducing the size of the Y cohort (the brains) you are affecting the nature of the X cohort (the coins). This seems kind of obvious. In a money world where you can buy and sell claims to things, there really is no fixed supply of those things. The key here is that the entire system is based on shared delusion. All money is some form of shared delusion or another. If me and you are on a desert island, and we're never getting off, and I have 1 coconut, and you have 100 Bitcoin, then the shared delusion is broken. My coconut is worth something, your100 Bitcoin are not, because those other people previously sharing the delusion with us are not here on this desert island. We'll never see them again. I've got the coconut. You're screwed. So by issuing claims to bitcoin, it's just swapping one form of delusion for another. And thus the supply increases. Magic over magic. Given all that, it certainly seems as if there's no such thing as fixed supply in terms of *actual execution* of a monetary system.
JOE2o's avatar
JOE2O 6 days ago
Which decentralised social networks out there are financially self sustaining in the sense that all operating costs (including developer compensation) are covered by users, minus a few grants here and there? Mastodon maybe?