Peyton Allworth on Nostr: I am virtually certain this is how #NOSTR and the #Fiat system will play out. There ...
I am virtually certain this is how #NOSTR and the #Fiat system will play out.
There will be a threshold of users that is needed for a massive shift in our networks. This will happens sooner in some countries and for different reasons.
One country may experience it first because of lack of freedoms online that result in faster adoption. Other countries may lag behind. But after an adoption that is around say half of the people is a achieved a sudden shift will happen resulting in traditional networks we are familiar with that don’t include social media to be distributed.
Nostr is useful as social media too but in a different way. I can post to people who think like me have censorship resistance and even get paid sats for my posts. I also enjoy the content on my feed and learn more here. I however still pay a fee to use a network like Uber or Airbnb, it is not peer to peer and ends up costing us both money. I also have friends who don’t have lightning wallets and most won’t pay me on a network that can allow me to receive sats.
Once a threshold is met however Uber on Nostr would work because enough people would have a npub that they needed for a completely different use case. When that threshold is met Uber drivers will switch because the better incentives. This will happen for just about every closed network that now exists. I’m not sure the order or timing but I strongly feel that a decade is coming where these tech companies see a massive decline in their use case.
When this is happening #Bitcoin will already be eating up their monetary premium and the switch to Nostr will further drive adoption. The easy money to keep the traditional system solvent will of course be ridiculous.
YOU CANT STOP THIS TRAIN OF BITCOIN AND NOSTR AND YOU CANT STOP THIS SINKING SHIP OF A FIAT SYSTEM!
There will be a threshold of users that is needed for a massive shift in our networks. This will happens sooner in some countries and for different reasons.
One country may experience it first because of lack of freedoms online that result in faster adoption. Other countries may lag behind. But after an adoption that is around say half of the people is a achieved a sudden shift will happen resulting in traditional networks we are familiar with that don’t include social media to be distributed.
Nostr is useful as social media too but in a different way. I can post to people who think like me have censorship resistance and even get paid sats for my posts. I also enjoy the content on my feed and learn more here. I however still pay a fee to use a network like Uber or Airbnb, it is not peer to peer and ends up costing us both money. I also have friends who don’t have lightning wallets and most won’t pay me on a network that can allow me to receive sats.
Once a threshold is met however Uber on Nostr would work because enough people would have a npub that they needed for a completely different use case. When that threshold is met Uber drivers will switch because the better incentives. This will happen for just about every closed network that now exists. I’m not sure the order or timing but I strongly feel that a decade is coming where these tech companies see a massive decline in their use case.
When this is happening #Bitcoin will already be eating up their monetary premium and the switch to Nostr will further drive adoption. The easy money to keep the traditional system solvent will of course be ridiculous.
YOU CANT STOP THIS TRAIN OF BITCOIN AND NOSTR AND YOU CANT STOP THIS SINKING SHIP OF A FIAT SYSTEM!