#bitcoin standard lending conundrum:
Let’s say you earn in bitcoin, and want to take a loan in bitcoin to purchase a property.
If the purchasing power of bitcoin is always increasing, your salary and value of the property would always be decreasing in bitcoin terms. Imagine a 30 year mortgage, this means you would eventually default on the loan as your salary in bitcoin terms would continually reduce failing to keep up with the minimum repayments. After the bank inevitably liquidates the property, there is still a significant outstanding balance on the mortgage in bitcoin terms. Which I suppose banks would be less likely to issue large loans? Maybe lending is just too risky in a depreciating currency?
Does anyone have this problem where: you try a new client, you update the profile, but it hasn't fetched the data from the right relay so when you save it overwrites the latest profile data. Is there a way to force a client to fetch profile data from a specific relay. #asknostr #nostrasia
Can someone please share a video/photos of the tuna show at #nostrasia so I can salivate through nostr. Thanks to all the speakers today 🙏 lots of cool insights into the protocol
Inspired by both @jb55 and @jack's talks at @Indonesia Bitcoin Conference yesterday to get into #nostr. @jack's story of the feeling of learning about the internet when he was a child invoking a similar feeling to discovering nostr really stuck a chord with me and my experience learning to build websites 20ish years ago as a kid.
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