Cyph3rp9nk on Nostr: All this applies to Nostr in comparison to conventional social networks: - Nobody can ...

All this applies to Nostr in comparison to conventional social networks:

- Nobody can stop you from creating an account.
- No one can cancel your account.
- No one can demonetise you.
- No one can censor you.
- Thanks to its architecture, the network works without interruption 365 days a year, 24 hours a day.
- Free of KYC.

Nostr is tremendously undervalued.

quoting note1ehn…ytyk

Most people are unaware and cannot appreciate the greatness of Bitcoin, technically, economically and socially.

In contrast to traditional banks, Bitcoin:

- It allows you to make transactions 365 days a year, 24 hours a day (banks are closed on weekends and holidays).
- You don't have to ask anyone's permission to make a transaction (For large transactions you have to ask the bank's permission).
- You cannot be censored by anyone (banks censor transactions all the time).
- Especially for large transactions the cost is a joke. (Large transactions in the traditional system are expensive and slow, we are talking about transactions of 1000 million dollars for example, in some cases it can take months to be settled)
- If you are in a hurry and pay enough, in 10 minutes the sender gets the money.
- It cannot be counterfeited (fiat money is easily counterfeited, both by central banks and by small individuals).
- You don't need anyone's permission or any documentation to create a Bitcoin wallet (banks ask for your underwear size and can deny you an account if they want to).
- No one can cancel your account or confiscate your money (Banks cancel accounts day after day and confiscate money day after day).