And so naturally relays pop up, and the relays end up being more convenient than actually using the underlying protocol.
908 karma · joined April 9, 2019
And so naturally relays pop up, and the relays end up being more convenient than actually using the underlying protocol.
With nostr, your identity is just a pubkey, and you can publish to / read from several nodes simultaneously. So if some node refuses to puplish certain content, you can just get it from another node without having to create a whole new identity.
Those who invested in affected businesses or capital goods with inflated prices due to easy credit will find those investments collapsing in value.
Eventually, the economy could restructure into a more sustainable form, where investments, business sizes and training were aligned with the new state of the economy. But a pain period is not really avoidable, other than by relowering interest rates. The longer interest rates are kept low, the longer and more painful the transition.
In such a world the demand for a truly sovereign bitcoin would still exist, although using it may be out of reach for most, depending on how things play out.
The battle is on, in terms of finding ways to scale bitcoins sovereign transaction limit, and find ways to transact that can't easily be prevented with the wave of a regulator's pen.
You do lose a lot of features that way though, such as a reliable global ranking, since it would be easy to create a room with only your friends and allow eachother to rank up quickly.
It's also a huge coordination issue if you want to arrange a game of 50-100 players who aren't all total strangers to eachother.
But the alternative seems to be in stripping the ancient practice of gaming of its social functions and turning it into a faceless slot machine where the only goal is to win enough times to increase a mostly meaningless number on a screen.
Then as comments come in they can follow a dialog structure, or the original poster can come in and add some clarification as a reply.
edit: If there are a lot of comments coming in, you could set it to autoplay only the top X comments and their replies or whatever.
For reviewing afterwards, it would also be really helpful to have an auto transcription so you can quickly scroll through for anything you missed or want to go back to.
If "fun" and "idological reasons" are the reason there is a community around the project, then that is in fact the answer to the question, if a little vague.
For people still not understanding, it would be nice to have an explanation of what people find fun about it, especially as a user and not a developer, and what ideological reason exactly are driving it.
When you follow someone on a peered instance, the instance you use must store and forward their posts to you. So if an instance contains mostly content you find disagreeable you may not want to have those on your server.
Also if you go to the "global" timeline, you will see posts from all instances which are peered with your instance. So the operators of your instance might not want to "pollute" that timeline with content from instances they find disagreeable.
I prefer the alternative architecture used by the nostr protocol. There, your account is not tied to a relay, but to a public key which is used to verify everything you post. You can send your posts to multiple relays which can then be read by anyone who chooses to pull from there.
This allows relays to freely block/curate content in the way they like without restricting the freedom of their users to pull content from other sources.
Currently, the network is in its infancy, and is mostly populated by bitcoiners, since this is the community where the protocol grew out of. But there is no reason why it can't eventually grow far beyond that, for those with no interest in that topic.
> pushing out small businesses from every town
Those small businesses are also run on a for profit basis and are market driven. If there is something causing them to fail despite providing a better quality of service then perhaps we are still looking at market distortions rather than a fundamental failing of capitalism.
Artificially low interest rate environments lead to a lot of money in the hands of investors, which due to inflation slowly loses purchasing power over time. However, with large reserves, they can easily afford to prop up a business model which persistantly spends more money on bringing "free" features to user while charging very little. Those businesses obviously outcompete any business which do not recieve such investment.
However, as time goes on, those investments must eventually earn a return. Switching from a model which loses money every year to one which must profit every year is invariably going to affect the quality of the product. Especially in an environment where directly charging customers for your service would be a death sentence.
In the absense of such cheap credit, however, a truly competitive environment could potentially emerge, where businesses must be sustanably profitable from the ground up. Esentially this would mean the last 15 or so years has been wasted time in pursuit of this goal, as false monetary signals were steering us in completely the wrong direction.
Some of todays tech companies may survive the transition, but I believe that most will eventually be replaced by completely new ones. Unless we go back to a policy of lowering interest rates to near (or even below) 0%.
The nostr community right now mostly want to replace twitter rather than reddit, but in principle it would be possible.
I also noticed that in recent years many subreddits have increasingly been taken over by memes and other low quality posts and so users looking for more substantial content have already moved elsewhere.
But some others have still been the best places to get early information on certain topics. For example /r/stablediffusion had a lot of people posting their novel uses and techniques for image generation. The QR code topic which is now blowing up here was already being talked about on reddit a week ago.