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444 sats \ 6 replies \ @openyoureyes 17h \ on: Gigi: wide-scale nostr and bitcoin adoption is probably not going to happen. nostr
Comparing nostr to bitcoin makes no sense to me.
Even if you dont care about the possibility of being censored or free speech you probably will be interested in not losing your wealth to inflation. The need of nostr is not comparable to the need of having bitcoin.
I like the gigis comparison to health. And he is right.
But the most people start a healthier life after health gets worse, not before.
If you compare it to bitcoin. The wealthier people still feel good. When they start worrying about money because of inflation, this will be the time for their bitcoin journey.
The need of nostr is not comparable to the need of having bitcoin.
Thank you!
Aleksandar Svetksi also wrote about this here:
Nostr is a tool, not a revolutionNostr is full of Bitcoiners, and as much as we like to think we’re immune from shiny object syndrome, we are, somewhere deep down afflicted by it like other humans. That’s normal & fine. But…while Bitcoiners have successfully suppressed this desire when it comes to shitcoins, it lies dormant, yearning for the least shitcoin-like thing to emerge which we can throw our guiltless support behind.That thing arrived and it’s called Nostr.As a result, we’ve come to project the same kind of purity and maximalism onto it as we do with Bitcoin, because it shares some attributes and it’s clearly not a grift.The trouble is, in doing so, we’ve put it in the same class as Bitcoin - which is an error.Nostr is important and in its own small way, revolutionary, but it pales in comparison to Bitcoin’s importance. Think of it this way: If Bitcoin fails, civilisation is fucked. If Nostr fails, we’ll engineer another rich-identity protocol. There is no need for the kind of immaculate conception and path dependence that was necessary for Bitcoin whose genesis and success has been a once in a civilisation event. Equivocating Nostr and Bitcoin to the degree that it has been, is a significant category error. Nostr may ‘win’ or it may just be an experiment on the path to something better. And that’s ok !
yeah these tools will be adopted by people who need them. many will need nostr and far more will need bitcoin. you are absolutely correct in your take.
also since both are protocols they can grow like an organism. slowly reproducing until one day people realize that they are everywhere
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What do you think about self custody adoption? Why don't more people/businesses hold their own keys?
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Because they feel safe. They feel no need.
Today many exchanges are regulated like banks. So people trust them.
They get lazy or trust a bank more then themself. Some people find it too complicated.
Many have to learn by losing everything or waiting years to be compensated after a hack.
If you ask people on the street if they want to protect themself or being protected. Many want to be taken care of. They want to give up some freedom an independence for safety. Or at least for believing in being safe.
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Yes the lazy buy the etf and “think” they hold btc; while actually holding btc requires more than wanting to “play the market”. Sleepy lazy sheeple