bitcoinekasi on Nostr: Bitcoin and Nostr address similar problem of centralization. In 2008, when the global ...
Bitcoin and Nostr address similar problem of centralization.
In 2008, when the global financial crisis raged and Bitcoin was being conceived, the bail-out number thrown around was $700 Billion. A massive number at that time.
Today, that number pales in comparison to trillion dollar deficits at a time when there's supposedly no crisis.
Likewise, here at the nascent beginnings of Nostr, we have only seen the very beginning of censorship.
Given the trajectory, the fundamental problem of centralization, and the then-vs-now (billions-vs-trillions) comparison Bitcoin elucidates, we can only imagine the levels of censorship yet to come, in 5, 10 and 15 years' time, and how crucial Nostr will prove to be then.
In short, the centralized insanity that resulted in trillions upon trillions of $ printed out of thin air, is a window through which one can look and imagine the insane levels of censorship yet to be manifested by centralization.
We ain't seen nothing yet.
And human nature combined with centralized power makes it almost inevitable.
As inevitable as a trillion debt problem.
In 2008, when the global financial crisis raged and Bitcoin was being conceived, the bail-out number thrown around was $700 Billion. A massive number at that time.
Today, that number pales in comparison to trillion dollar deficits at a time when there's supposedly no crisis.
Likewise, here at the nascent beginnings of Nostr, we have only seen the very beginning of censorship.
Given the trajectory, the fundamental problem of centralization, and the then-vs-now (billions-vs-trillions) comparison Bitcoin elucidates, we can only imagine the levels of censorship yet to come, in 5, 10 and 15 years' time, and how crucial Nostr will prove to be then.
In short, the centralized insanity that resulted in trillions upon trillions of $ printed out of thin air, is a window through which one can look and imagine the insane levels of censorship yet to be manifested by centralization.
We ain't seen nothing yet.
And human nature combined with centralized power makes it almost inevitable.
As inevitable as a trillion debt problem.