Lots to unpack here….
1) Nostr is a protocol - whatever client you are on, your npub is interoperable. It is your private property.
Whether it’s a Twitch-like client, a Music Client, social client, etc… really can be anything as devs are imagining.
2) Bitcoin is sound money. Mining takes place every 10 minutes in blocks. Current block rewards are approximately 6 BTC which will be halved to approx 3 BTC next year. This will carry on halving every 4 years until the total supply reaches 21 million. Bitcoin can and will expand in the real world. Scalability has been solved by lightning network (layer 2 of Bitcoin). Just watch Zapathon.
The combination of both protocols is powerful. None are run by anyone entity. No CEO, No Company, No Gatekeepers. You are combining a free market of ideas with free money untethered to any sovereign entity and on an open and verifiable ledger.
Where relays come in is where any moderation can be taken place.
Replies (4)
Ask me more. I’m here to help. This paradigm shift can be a bit challenging when relating to historical “platforms”
Thank you for your insight. I am an absolute noob with btc. I never really bothered about reading more about btc due to two reasons:
1. I do not have any real money to invest into btc.
2. Due to the above, i do not own powerful computing devices to mine btc.
However, I want to learn a bit more about it. Where do you suggest a complete beginner should head to in order to learn more about it? #asknostr I understand that there are tons of articles and videos available but I would like to know which of them provide _correct_ information. Since btc is a overwhelming topic and there are several entities involved, it is easy to get led to wrong information. I am more interested in authentic source.
One more thing I want to ask: your post mentions btc can and will be used as real money. Is this a speculation or does it have any foundation? I dont want to start flame war here nor do I want to sound rude but a genuine question: whenever new technology lands (I wont say btc is new, it should have passed the test of time by now), there are always radical ones who believe its the next big thing. I want to know how much of this is actually the truth and how much of it is just pure hype. The hype factor bothers me because I have seen many headlines claiming btc will fail and scalability is a serious issue and such stuff. But I dont know if this is click-bait.
I hope you wont take me as rude and understand the doubts of a beginner.
Read Inventing Bitcoin and 21 lessons.
Thank you. Both look very exhaustive and informative.
