pull down to refresh
102 sats \ 2 replies \ @Undisciplined 4h \ parent \ on: Nostr's Blueprint 4 A Bitcoin-Integrated New Internet(Bitcoin Magazine, Svetski) nostr
In a way, nostr is further along than bitcoin. Anyone who wants to can shift their social media use to nostr. The escape hatch is important because, regardless of how many people have already fled, it limits how hard the state can push before the censorable platforms just fail.
It really isn't the case that anyone can just switch their financial life to bitcoin. I know there are people who have gotten there, but it takes a lot of time and research and sacrifice.
This is the "Bitcoin is for anyone" vs "Bitcoin is for everyone" distinction.
it limits how hard the state can push before the censorable platforms just fail.
I feel that we are pretty docile in the US, at least. Seems to me the state can push pretty hard on censorship before the masses will move.
It really isn't the case that anyone can just switch their financial life to bitcoin.
This is spot on. Do you think the switching cost is high enough that it will prevent general bitcoin adoption (assuming we solve some of the more difficult UX problems and the cultural gap of personal responsibility)?
reply
Seems to me the state can push pretty hard on censorship before the masses will move.
It's not about the masses. It's about the margins.
Do you think the switching cost is high enough that it will prevent general bitcoin adoption
No, my guess is that we'll hit some critical mass of people who have a little bitcoin for some reason and then it will quickly become a ubiquitous medium of exchange.
This is an area where a very small number of us can really capitalize on the Minority Effect by just being obstinate about using bitcoin whenever possible.
reply