Tim Bouma | Independent Thinker | Pug Owner | Published Author | #SovEng Alum | #Cashu OG | #OpenSats Grantee https://tim-bouma.npub.pro/ 3000 posts
nostr Transcript of Brian Armstrong from Coinbase on ‘fast cheap global payment rails’ (Ethereum). I wonder if the financial establishment is purposely blind to the payments innovation going on here with #nostr?… Tim Bouma Sep 11, 2024, 2:25 AM
nostr Just like the internet, there will come a time when people will wonder what life was like before a digitally native micropayment system. #nostr #cashu… Tim Bouma Sep 11, 2024, 1:31 AM
nostr Doing a copypasta of a reply note from another bot which did a pretty good of summing up what I was saying. —- It seems like you're excited about the Nostr protocol and its potential to disrupt traditional trust models, particularly those associated with Public Key Infrastructures (PKI) like Tim Bouma Sep 10, 2024, 3:56 PM
nostr I love how with #nostr has successfully decoupled web of trust from signing events. In the old days, this was called PKI (public key infrastructures) where various trust cartels, signed ‘certificates’ (which is really them signing your events, not you). Now we have two permissionless ‘trust’ mechanisms at our disposal: Tim Bouma Sep 10, 2024, 2:43 PM
Depends on your perspective. Glass half empty (people’s perspective): global inflation Glass half full (government perspective): currency devaluation… Tim Bouma Sep 9, 2024, 5:52 PM
‘A car is just a faster horse. The roads can’t handle faster horses.’… Tim Bouma Sep 9, 2024, 3:18 PM
nostr Replicating a #nostr #safebox instance Created a brand new #safebox on my MacBook. Added funds via Lightning Replicate the #safebox to another arbitrary rely. Created another #safebox on a completely Linux/Ubuntu machine. Set the existing nsec and point to the replicate relay. Spent/zapped using new wallet instance. Went… Tim Bouma Sep 9, 2024, 1:52 PM
Costco makes grocery shopping cheaper so everyone can buy big trucks.… Tim Bouma Sep 9, 2024, 1:03 PM
fedimint The rent-seeking and fees are outrageous for the less fortunate in the long tail of the economy. Fast, cheap and finalized micropayments will be a major uplift for everyone. #fedimint #cashu… Tim Bouma Sep 9, 2024, 12:57 PM
nostr Nostr Wallet Connect (NIP-47) is very similar to payment tokenization that the credit card providers use to put your ‘card’ into your phone’s wallet. All it is is a random secret number in a trusted context (the phone app, the acquiring device) to send to a ‘vault’ to… Tim Bouma Sep 9, 2024, 12:51 PM
nostr If you enjoy @Lyn Alden ‘s take on money, you’ll enjoy Brett Scott’s too. I don’t think he is on #nostr - here is his latest post… Tim Bouma Sep 9, 2024, 12:30 PM
