The issue is centralization; a protocol is the definition of restrictions, constrains that enable interoperability. All protocols work like this, TCP, ICMP, IMAP and driving on a highway. The more complex a protocol is the harder it becomes to implement it, thus the harder it becomes to remain interoperable and decentralized.

The issue is centralization; a protocol is the definition of restrictions, constrains that enable interoperability. All protocols work like this, TCP, ICMP, IMAP and driving on a highway. The more complex a protocol is the harder it becomes to implement it, thus the harder it becomes to remain interoperable and decentralized.

I learned a little more about why people have such a hard time with bitcoin's "intangibility" while talking to my mom last night. I asked her what it was like when credit cards were invented, and she explained that before electric cards there was something called a "charga-plate": This was a metal rectangle you would present at shops, which would be pressed into paper to create an authenticated artifact of the transaction. The precursor to charga-plates was just regular paper checks. In either case though, the mental model is the same, and credit cards simply extended the same mental model of having some physical cash in the bank (whether or not that is strictly true), and authorizing someone else to talk to your bank and pull some out. Bitcoin completely breaks this mental model. The problem isn't that it's intangible, because we've been using intangible money since the 16th century. The thing that breaks people's minds is that it is intangible, and has no custodian. When you sign a transaction, who are you authorizing, and to request money from whom? It really doesn't make any sense from the legacy money perspective to authenticate ownership of a UTXO with cryptography, broadcast it to an etherial network, *pay* one of several miners to include your transaction in a "block" (?) so that the math money can be split and some handed to your counterparty. Anyway, I think this difficulty might exist for nostr as well. Credentials authenticate you with the account holder, but keys authenticate your content with the reader. To make this worse, users have to custody their keys, making them the account holder and custodian — and when they log in to an application, they have to ask themselves permission to create self-authenticating messages! Weird.

I learned a little more about why people have such a hard time with bitcoin's "intangibility" while talking to my mom last night. I asked her what it was like when credit cards were invented, and she explained that before electric cards there was something called a "charga-plate": This was a metal rectangle you would present at shops, which would be pressed into paper to create an authenticated artifact of the transaction. The precursor to charga-plates was just regular paper checks. In either case though, the mental model is the same, and credit cards simply extended the same mental model of having some physical cash in the bank (whether or not that is strictly true), and authorizing someone else to talk to your bank and pull some out. Bitcoin completely breaks this mental model. The problem isn't that it's intangible, because we've been using intangible money since the 16th century. The thing that breaks people's minds is that it is intangible, and has no custodian. When you sign a transaction, who are you authorizing, and to request money from whom? It really doesn't make any sense from the legacy money perspective to authenticate ownership of a UTXO with cryptography, broadcast it to an etherial network, *pay* one of several miners to include your transaction in a "block" (?) so that the math money can be split and some handed to your counterparty. Anyway, I think this difficulty might exist for nostr as well. Credentials authenticate you with the account holder, but keys authenticate your content with the reader. To make this worse, users have to custody their keys, making them the account holder and custodian — and when they log in to an application, they have to ask themselves permission to create self-authenticating messages! Weird.

My body feels good today and I am grateful 🥲 Been having back problems for so long, now that it feels better gonna get back in the gym and hopefully permanently fix this shit

My body feels good today and I am grateful 🥲 Been having back problems for so long, now that it feels better gonna get back in the gym and hopefully permanently fix this shit

aha got it lol

aha got it lol

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🌊 SURF 'N TURF 🏝️ -THE ISLAND LIFE- 790 years old stone doorway of Ulu Cami, Divrigi, Turkey Divriği Great Mosque and Hospital (Turkish: Divriği Ulu Cami ve Darüşşifası) is an ornately decorated mosque and hospital complex built-in 1228–1229. A unique artistic achievement, this cultural property in itself represents one of Islamic architecture’s most beautiful built spaces. Credits goes to the respective Author ✍️/ Photographer📸 🐇 🕳️ #Bitcoin #Satoshis #Freedom #Apocalypse #Music #Movies #Philosophy #Literature #Grownostr #Stoicism #Nature APOCALYPSE ANONYMOUS by ATOSHI ANARKOMOTO

I like it, how the zaps I give, increase in value over time. #Bitcoin.

#Bitcoin source: https://stacker.news/items/757451/r/co574

🌊 SURF 'N TURF 🏝️ -THE ISLAND LIFE- “Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world.” – Albert Einstein Credits goes to the respective Author ✍️/ Photographer📸 🐇 🕳️ #Bitcoin #Satoshis #Freedom #Apocalypse #Music #Movies #Philosophy #Literature #Grownostr #Stoicism #Nature APOCALYPSE ANONYMOUS by ATOSHI ANARKOMOTO

We will have the opposite stories of our grandparents "Back in my day, a milkshake only cost 5 cents!" Our grandkids will buy milkshakes for 5 sats

We will have the opposite stories of our grandparents "Back in my day, a milkshake only cost 5 cents!" Our grandkids will buy milkshakes for 5 sats

🤣🤣

🤣🤣

💡

Mis 5 cosas de la vida #meat 🥩 #nostr #bitcoin #family 👨‍👩‍👦 #dogstr 🐕

There’s still people (here) calling for another round trip to the $10K range.

There’s still people (here) calling for another round trip to the $10K range.

trying to stay away from caffeine if possible