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this post was submitted on 09 Jun 2024
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Associating with crypto-fraud is a hard no for many users (I am referring to Nostro which was developed by a crypto-bro).
Replying to this comment so people don't get put off by it. Nostr has an optional feature where you can tip other users using Bitcoin lightning. So if you like their post, you can send them .001c or $100 or whatever you want. You don't have to use it though. It's valuable IMO as a way for content creators to get paid and will be a key driver of content creators choosing to use it over other platforms, but to each their own. You can also dedicate a % of your tips to your nostr relay or app to supporting hosting and development.
Crypto is full of garbage and scams, Nostr uses Bitcoin. Bitcoin has been around for 15 years without a single hour of downtime, a single hack, or a single broken promise. Whatever you don't like about "crypto" is probably actually other stuff that isn't Bitcoin. Bitcoin is a way to transfer coins around the world quickly, and it works, and nobody can print away the currency's value by inflating the supply. It has a trillion dollar market cap for a reason, which places it in the top 25 countries by GDP.
Lightning is a terrible protocol. The Lightning devs themselves state that it's basically unusable and you shouldn't even try sending transactions valued more than a few hundred dollars. If you're bored, check out the history of Lightning; it's almost like a satire of software development project.
You're also being a little disingenuous about the nature of Nostr and it's relatioship to crypto.
The "market cap" polemic is a piece of propaganda. If you tried selling all that bitcoin, the price would tank and you would see exponential declines in the "market cap".
@Alphane_Moon @makeasnek
> you shouldn’t even try sending transactions valued more than a few hundred dollars
this is true about all of the alternatives too, Lightning is just the only one honest about it. And as someone who's been using lightning to pay my phone bills, I can say it works ok.
You don't see the problem with a payment system that is fundamentally unreliable?
Why would you pay your phone bills with lightning? I don't know which country you live in, but where I lived there are so many easier methods to pay your phone bills.
@Alphane_Moon You are the one saying it's unreliable but also you are not using it. Here is someone using it and saying it is reliable ok. Go figure.
Why would I use a payment system that developers themselves call unreliable? Are you serious?
I am not even talking about overall usability (i.e. recipient support) and UX/UI...