"It's all in your head" describes all money, ever. Including fiat, crypto and gold in this sitting in a vault sense. The idea that you can have some form of money that is somehow "more rational" ignores what money actually is.

I think honestly nostr is fading away. I suspect most people here can feel that. The numbers certainly reflect it. But it shows how a free-floating singed-event based architecture can work, so that's a win.

So quiet these days. This is literally the highest trending post on Nostr this hour and it has zero replies.

nostr has been losing users for quite some time now. going by that, roads are leading from nostr to outside, not from outside to nostr.

Ray Dalio has been warning about anything you can think of for years. If tomorrow there's an invasion of purple-eyed lizard people from Venus, chances are Ray Dalio warned about that too.

It's so utterly fragile though. Feels like 3 or 4 years of hardening is needed.

>The people on here ... Okay but that's like 7 people.

I'm glad I'm not a bot. Seriously though, it's raw physics when you break it down. I’ve heard a lot of this “in theory nostr will scale horizontally forever” but, having worked in gaming with hundreds of thousands of concurrents this is the equivalent of “in theory if all the cars start moving right when the light turns green then there won’t be a delay for the cars further back”. Yeah in theory that's true. Put another way, relying on “naturally occurring” load balancing is about as ambitious as doing away with airplane tickets and just having everyone come to the airport to try to board planes like they’re public busses. Relays will only scale horizontally in mythical-world conditions that will never happen in the actual world. This is a mythical world where everyone and their sister is running a relay (an impossible relay:user ratio), where everyone adds just the right combination of relays so when one is maxed out vertically it falls back to another that isn’t maxed out (and that isn’t everyone else’s fallback), where high-horsepower relays (whatever distributed SQL monsters) just happen to be scattered around to just the very right places, where nothing on nostr requires ultra-low latency (waiting for the straggler relays), where no one single person has a reason to subscribe to events from more than a couple hundred others, and so on. And that's just the relays, when you get to the blossom servers, CDNs, etc., and then the interplay between the relay side and the media side, it's just blood out of both nostrils. If you've scaled anything then you can see from a mile away that nostr will not scale. You need centrally-orchestrated load balancing and a hundred other things akin to a human central nervous system.

Cold start problem. People do not post content to where their audience is not. Why would they? Content follows audience, not the other way around.

Exhibit B

Hot take: inflation doesn't really mean anything. 50 years ago, if you wanted the following: -1 flight Los Angelus to New York -1 basic television -100 large pizzas -100 litres of coke You'd have had to work twice as many hours as today. That's certainly not inflation in terms of hours worked. But you could easily make a list of things for which you'd have worked far fewer hours for 50 years ago. It depends what you value. If you just want to live in a van, watch TV, eat pizza drink coke and fly around the country then you haven't been affected by inflation at all, quite the opposite. But if you want a house in a trendy part of the city then you have been affected a lot. Inflation only means something in context of hours worked and personal priorities.

Many things like that here. Look here, where nostr belatedly discovers ngrok. In short, this NWS thing was where a so-called “entry node" captures some web traffic, wraps it into an encrypted Nostr event which is then sent to a relay that holds it until an “exit node” fetches it, decrypts the event, sends it to the local web server, and then sends the response back through the relay the same way. It, err, didn't take off. So many things like this.

There is nothing special in nostr relays is the exact problem. You need something special to scale. Relays physically cannot scale vertically, even strfry, which I'll be the first agree is tight c++ code, will max out before it supports anything at scale just due to write limits. You'll always hit a write wall on the database, and no code will remove that wall for you. Relays cannot scale horizontally either (to millions) due to coordination issues, latency issues (especially tail latency), the backplane limit, state bloat quicksand, and also just vertical maxing out of individual relays in the horizontal plane. Again no code will fix this, you're bumping up against hardware and the laws of physics.

Experience at teenly tiny scales tells you nothing about experience at actual scale. This divine video things is a good example. I quote: "The app has lots of bugs, and we need appstore approval, but at the moment the biggest problem I have is relays... i started using nosflare by @Luxas which worked pretty good when we had dozens of users but has had scaling issues and has been hard to debug... So then we tried using the ditto relay by @Alex Gleason and put a bunch of really beefy servers behind it. Even then it's struggling to keep up. The thing is, we're pre-launch, we have 10k users in testflight and a mostly read only site at divine.video which is a react app." Only 10k users in test flight and the guy can't find a single relay that'll handle it. Or maybe all these test flights users were just "holding it wrong". So many things on nostr will collapse at scale.

It's not. There are only so many human minds with the means to affect the price. And in the last few years the deeper concept of bitcoin has reached pretty much all of them. Before moving the bitcoin price was mostly about introducing bitcoin to new minds with the means to affect the price. Now you don't have many of those new minds left. Now, moving the price is about un-hardening already hardened opinions, old minds, a much harder task. People forget that the price of bitcoin comes down to the personal opinions of a fixed number of people. The price of any money does.

Look inside man. 10k daily active users is not a pedestal on which to boast your greatness in the wide world of online social media. Maybe save all this chest-pounding and boasting for when nostr has a respectable number of daily active users in the wider scheme of things? For when all these great Goliaths that (according to your memes anyway) cower in fear of the mighty upstart nostr have in fact actually heard of it? Right now you're just making the network look like a bunch of deluded goofballs.

TL:DR: look at us, we're so awesome with our 10k daily active users.

Anyone trying to encourage people who create good content to cross post to nostr under the notion that "it doesn't take much effort to cross post" is just utterly removed from the world of online authorship.

Important to note thought that this is a major pivot, with all that major pivoting entails. This is a case of "as it turns out toothbrushes are useful to clean bathtub grout". Which can be true, but still, it's important to stay aware that toothbrushes were designed to brush your teeth with.