marco

nostr

Nostr relays and the removal of illegal content

They want to delete it from their own relay in order not to face criminal charges.

bitcoin

Italy government just announced that the capital gain taxation for Bitcoin will jump from 26% to 42%. So funny. 
 
https://youtu.be/yaUpHFb81bQ?si=62kWSIOIqTm3XDUn&t=490

Italy hikes Bitcoin capital gains tax to 42% !

I might be totally mistaken here, but I believe that the lack of clear economic incentives for Nostr relay operators can be a positive factor when it comes to deleting illegal content from their nodes.

As hobbyists primarily focused on supporting the Nostr network, they will take no risk by hosting illegal content.

To detect and remove illegal content (which can vary depending on local laws), they could employ AI tools. By fine-tuning these tools to be highly sensitive, they could ensure that all potentially illegal content is removed.

While this approach might lead to the removal of some legitimate content, the relay owners can find comfort in knowing that the decentralized nature of Nostr ensures that this content is likely still accessible on other relays. The network's redundancy helps to minimize the impact of individual relay errors, providing a safety net for content availability.

On the other hand, they will still gladly store controversial, offensive, outrageous, ... material. By doing so, 
they can contribute to the diversity and openness of the Nostr network without damaging any revenue-generating business.

@marco's bio

Simply stating that my political views are leaning in progressive field while being a Bitcoiner. 
Bitcoin is for everyone, but sometimes I feel it has become a partisan topic. And I hate that. :)

Chorly: reward your kids with sats for completing chores

As of today is less than 3$/month.
Not supercheap, but sensible.

I'm not involved,  I just like the idea.

Kids can customize the electronic hardware building the actual pig around it.
With lego, cardboard, 3D printed case, ...

![piggy](https://www.lightningpiggy.com/content/images/size/w1000/2024/09/In-The-Wild---4-of-59.jpeg)

Teaching Kids Bitcoin with an Electronic (but Physical) Piggy Bank

I put myself in the camp of those not really willing to use Bitcoin to purchase goods and services, and I agree that this is a problem. 

> "We have more bitcoin merchants than Bitcoiners willing to spend. We don’t need more merchant adoption, but spenders adoption."
-- [Saunter](https://primal.net/e/note13muxg2qx3mta86g96hr9jft6j3p5z80xl5xm80yccujcrv9zadlqdtmypz)

I believe that, in order to address this issue, the "spend-replace" practice needs to be a no-brainer.

I used this approach a couple of times for fairly large purchaes I made. However, it meant that each time I had to complete the BTC payment with my wallet, then move the fiat equivalent of the bitcoin I spent to an exchange, then use that money to purchase BTC at a rate different from the one applied for the initial BTC payment to the merchant, then move the new BTC out of the exchange and back to my wallet.

Of course, this is very annoying and not sensible for small purchases. In those cases, it makes more sense to replace multiple BTC spendings with a single BTC purchase. However, doing this manually and on a regular basis, is going to be complex and time-consuming.

A more convenient solution would be to have your wallet automatically manage the "spend-replace" process in collaboration with services like [Relai](https://relai.com), [Bittr](https://getbittr.com/), [Bitcoin Well](https://bitcoinwell.com/), etc.

After I have done enough purchases using Bitcoin, I could simply receive an alert saying:
*"Threshold reached! It's time to replace your Bitcoins!
Transfer xxx EUR/USD to Relai/Bittr/Well/... bank account to purchase yyy BTC that will be received right in this wallet."*

I would immediately switch to a wallet offering this feature!
What do you think? Would you use such a strategy?

A proposal to streamline "spend-replace" to drive adoption

Progressive bitcoiner
Building and using decentralized tools that matter.
https://marco.barulli.it/