David A. Harding on Nostr: Controlling your own key on Bitcoin comes with significant costs, from the cost to ...
Controlling your own key on Bitcoin comes with significant costs, from the cost to create a UTXO, to the eventual cost to spend it, to the potentially high cost of losing your key and the money associated with it.
On nostr, controlling your own key has basically zero cost. It's one of my favorite things about nostr. If widespread control of personal keys can be made to work here, there's hope for widespread control of personal keys on Bitcoin. But if nostr fails, then I think it weakens the standard case for Bitcoin.
That may sound negative, but I think it's great to be able to test individual properties of Bitcoin separately from the heavy confounding factor of it being money.
On nostr, controlling your own key has basically zero cost. It's one of my favorite things about nostr. If widespread control of personal keys can be made to work here, there's hope for widespread control of personal keys on Bitcoin. But if nostr fails, then I think it weakens the standard case for Bitcoin.
That may sound negative, but I think it's great to be able to test individual properties of Bitcoin separately from the heavy confounding factor of it being money.