Bitcoin succeeded because it solved an immediate problem people have. Nostr is building the right solution for real censorship-resistance, but we're currently creating a free speech infrastructure with retention issues—dissidents need amplification, not just protection.
Login to reply
Replies (7)
"Bitcoin succeeded because it solved an immediate problem.”
Yeah — and most people didn’t even see that problem at the time. It was nerd money, tulip mania, internet magic beans... until it wasn’t.
Now apply that to Nostr.
Censorship IS a real problem. People just don’t feel it yet or think it won’t happen to them. But when it does, it’s already too late. That’s why Nostr matters.
Yes, it’s early. Yes, it’s rough. So was Bitcoin in 2010.
And if you don’t get why censorship-resistant communication is worth building now, before it’s “needed”…
"If you don't get it, I don't have time to explain it to you.”
We’re not late. We’re early. Again.
if bitcoin whales were nostr interactions, yeah, i guess bitcoin is dead too!
bitcoin succeeded? I didn't get that news
Ava is dropping truth bombs. 👏👏
View quoted note →
Spme corrections here. Bitcoin hasn't succeeded, it is captured & the price is highly manipulated. And it fails when it comes to privacy.
Nostr is only cencorship resistance when yiu run your own relay, otherwise not as any relay can delete your content anytime.
Be careful with statements like Nostr is real censorship resistant. It isn't and your content is not yours except you run your own relay.
We may see a situation when some relays have to move juristictions.
Bitcoin succeeded because it solved an immediate problem people have. Nostr is building the right solution for real censorship-resistance, but we're currently creating a free speech infrastructure with retention issues—dissidents need amplification, not just protection.
View quoted note →
Let's be very clear: Bitcoin succeeded as in becoming the first real globally accepted cryptocurrency.
And yes, it is also being co-opted by the powers that be and failing in its original cypherpunk mission as a currency as laid out in the white paper as far as I'm concerned. This includes its ongoing challenges with privacy and functioning as a truly peer-to-peer electronic cash system, as originally envisioned.
So, "success" is a relative term here.
I have written much on the subject that you have read, liked, and agreed with over the years about Monero and Bitcoin, privacy vs open ledger, store of value vs digital currency etc.
It was not my intention to respond to the OP in great detail on things I have posted about countless times before on this account.
And because I only like to repeat myself when I'm being redundant... ;)
And since you mentioned this twice in a post and this comment... I will say again...
I did not say, "Nostr is real censorship resistant."
My exact words were, "Nostr is building the right solution for real censorship-resistance."
By "right," I mean permissionless and decentralized. By "building," I mean it's a work in progress.