A Guide for the Nostr Curious

I’ve been gradually sorting out my nostr setup.

If there is an easy and a hard way to do it, I have certainly taken the hard way but I am learning a lot and making slow progres. However, the nostr / bitcoin / lighting / ecash / fedimint environment has opened up a whole new world for me.

In that spirit I have hacked Miljan Braticevic’s What Nostr Brings to Bitcoin presentation on the synergy between these two technologies.

He is bullish on nostr. It is finally giving life to PGP encryption and the web of trust. His underlying argument is that payments through layer 2 technologies, that have bitcoin as the underlying infrastructure, is now possible and that it underwrites a number of new approaches to human | computer interactions. (That is the four combinations of human and machine interactions.)

It’s not just social media but a host of other applications are on the drawing board.

It seems like an unlikely application but I will really have to check out nostrGit.

I made my first significant lighting purchase yesterday (and plan to wear it at the next HLB meetup). :tshirt:. Once setup lightning is easy and it is simply amazing to watch sats exit your wallet and be credited to someone on the other side of the world within seconds.

Today I rebalanced my channels so hopefully in the future receiving incoming sats will be as easy as sending them out.

I also had a bit of a play with ecash today. I have it setup but have not done anything with it yet. The transactions fees for users in the same mint are zero but users have to trust the mint. I plan to set one up for HLB.

I went to the All Things Blockchain / Stand with Crypto in the Valley on Wednesday night. There were over 100 people attending. It had the vibe of a religious or cult meeting and I was surprised that there was no discussion of any technical topics. Their main thrust is to make Web 3.0 (bitcoin) an issue fo the upcoming Federal election.

I don’t like their chances but I do agree that there will need to be a determination on whether mints should be treated like banks, but I doubt it is a pressing issue for any major political party.

… and, if or when, Nostr becomes a stock exchange the same issues will apply.

I agree that WCI (Wallet Connect Infrastructure) will allow both bitcoin and nostr to progress. It is the glue that creates the value for value ecosystem.

… and perphaps nostr is also the gateway drug to onboard new users to the decentralised web as Miljan illustrates.

His final point is that freedom is part of the ethos of the Bitcoin/Nostr movement. Freedom is also at the heart of open source software. Freedom to download, to study, to copy, to alter, to extend and to re-release.

Nostr offers the possibility of furthering that freedom to non-technical users.