What is Nostr?
melvincarvalho / Melvin Carvalho
npub1mel…5c24
2024-09-02 18:52:12
in reply to nevent1q…nlv8

melvincarvalho on Nostr: Good talk—it really opens people’s eyes to possibilities they might not have ...

Good talk—it really opens people’s eyes to possibilities they might not have considered. I’ve been pushing this message for a decade, about what apps, socials, and discovery can bring to Bitcoin. But it’s only now, with Jack on board, that more folks are listening.

That said, Nostr isn’t the only way to tie metadata to keypairs. It’s one of the clunkier, less extensible options, and changing anything in the NIPs takes forever. You mentioned the existing network has utility, but I doubt there are thousands of relays—it’s probably smaller, more centralized, and less reliable.

It’s a solid message, but I don’t think Nostr is the only path forward. The censorship resistance might be overhyped too—it could just be that Nostr’s smaller than Twitter, which might also be why people still use Twitter.

The micropayment angle is strong, maybe even a holy grail use case. But Bitcoin itself isn’t used much, which is a shame since npubs are taproot addresses. We could’ve built a whole free market on a non-rigged base layer by now, but there’s nothing happening at that intersection—a missed multi-billion dollar opportunity. And honestly, there’s no real appetite for Bitcoin base layer integration with Nostr. Hope you don’t mind me pushing back a bit here—I figure you might not get much of that in the comments
Author Public Key
npub1melv683fw6n2mvhl5h6dhqd8mqfv3wmxnz4qph83ua4dk4006ezsrt5c24