Almost a God Candle today.
Samson Mow
Samson Mow
excellion@jan3.com
npub1exce...n72a
Working on nation-state #Bitcoin adoption. CEO @ JAN3, architect of the #BitcoinBonds, CEO @ Pixelmatic, and creator of Infinite Fleet. π
A wise rabbit gave me this. π
@the wise rabbit π°β‘οΈ 

Thanks for the gift all the way from Brazil! @Oi! Seiiti Arata (em portuguΓͺs) #BitcoinTokyo2024 

Either Nostr evolves to have every client being a relay, or it will fail. The risk is the same as that of LSPs.
Think adversarially and think far into the future. Imagine Nostr running at Telegram scale with 1B users, not the tight knit community is now.
#FreePavel
Butβ¦
It is foolish how he thought Telegram could indefinitely operate a network without default E2E encryption and not play ball with regimes.
I see the same sort of presumption from Nostr devs/proponents ignoring the core architectural problem of needing relays.
Probably an unpopular opinion but it has to be said. Relays will be the death of Nostr but itβs not too late to fix it. The protocol is still in its infancy.
#Bitcoin is a risk-off asset for:
β
People with low time preference
β
People that understand money
β
People suffering from inflation
β
People living under oppressive regimes
Never underestimate the ability of the plebs to absorb available #Bitcoin supply on the market. A few million small stacks can have a huge impact.
For institutional investors like sovereign wealth funds or pension funds, buying #Bitcoin at either $0.06M or $0.6M doesnβt make a difference. At their scale itβs a rounding error.
Central banks and massive pension funds are seeking #Bitcoin exposure. Public companies are ramping up their BTC intake. Public mining companies are now buying too.
This is an incredibly bullish setup.
Plan accordingly.