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    X Is Fiat
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    X Is Fiat

    By Crypto EditorJanuary 15, 2025No Comments2 Mins Read
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    X Is Fiat

    Observe Aaron on Nostr or X.

    In his Take from yesterday, Frank invited bitcoiners to hitch Nostr: “The world’s largest bitcoin round financial system.” I totally endorse this invitation; Nostr aligns significantly better with Bitcoin’s unique values than — particularly — Elon Musk’s X.

    In a lot the identical approach that the cash in your checking account isn’t actually yours, your posts on X aren’t both — in distinction, your Nostr posts are linked to your individual public key. Like PayPal blocking cash transfers, X can determine to censor what it’s important to say, however no single entity has that energy on Nostr. And whereas X manipulates its algorithm to steer the dialog just like the Fed’s manipulation of rates of interest to steer the financial system, Nostr offers this energy again to the customers. Now that “President Musk” is de facto getting into the White Home, you may even argue X is changing into a part of the federal government. X is fiat.

    Maybe much more importantly — no less than for me personally — my expertise on Nostr is by now superior to what I encounter on X… admittedly a low bar. Whereas I typically discover attention-grabbing insights on Nostr, most of what I see on the platform previously often called Twitter lately are generic TikTok-style memes, rage-bait, and shit takes from Kekius Maximus himself.

    I do nonetheless put up on X typically, however I’ve more and more disengaged from the dialog over there and can seemingly proceed to take action. In the meantime, I’ve discovered myself spending extra time on Nostr (particularly via Damus and Amesthyst), and I count on this to solely enhance.

    Positive, Nostr continues to be area of interest for now, and maybe it’s going to stay area of interest. Judging by the hype round ETFs, MicroStrategy and Strategic Bitcoin Reserves, trusting central events is fairly hip amongst many bitcoiners these days, anyhow.

    However I’ll gladly take Nostr’s area of interest sign over X’s noisy plenty.

    This text is a Take. Opinions expressed are totally the creator’s and don’t essentially replicate these of BTC Inc or Bitcoin Journal.



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