> the duty of curation rests upon the individual account-holder
But from a numbers growth perspective, we're going to need options in clients to automatically screen and block posts. On by default, but easily turned off.
When Joe Normie comes to Nostr, he doesn't want to see gore or porn or illegal activities on the timeline ... not even once.
Or that "free speech" implies that there's generally no regulator who will step in and prevent you from encountering the ugliness that others choose to spew. Instead the duty of curation rests upon the individual account-holder.
Even so, in most countries there are some legal requirements that relay operators are going to have to live by. We're not going to live in libertarian fantasy world.
> people keep bringing these points as if they posed some fatal blow to our supposedly naïve ideals or something like that
Not at all. I think people neglect to mention it. I sometimes see people saying they won't try Nostr because they believe it is full of illegal stuff. So I try to make sure that people know that relay server operators have to be responsible about such things just like any website would.
Bankers begging for TARP 2.0 ... trillions of dollars of aid from taxpayers, the same people they've been cheating and screwing ever since the last bailout. https://www.americanbanker.com/opinion/u-s-banks-need-tarp-2-0-a-trapped-asset-relief-program [www americanbanker com]
Their assets aren't really "troubled", the bankers are just getting lower interest rates on them than they could if they could reissue those loans. If they can just hold them until maturity, they'll be fine.
The real issue is that the FED is trying to punish you and me with the interest rate increases (FED chair Jerome Powell said this repeatedly, so it is without question), but banks borrow short-term and often lend long-term. Rapid interest rate increases will hurt them because of that business model.
Instead of begging for taxpayer money to line the pockets of banking execs, call out the FED's Open Market Committee for being out of touch and for intentionally harming the people they're meant to protect.
Addendum:
The way it hurts banks is that as interest rates in general rise, their depositors start moving their money to places that pay better interest rates. As with Silicon Valley Bank, this results in the bank having to sell assets for less than book value (such that the purchaser can obtain current market interest from them) and accept a loss on their accounting books. Once this happens a couple of times, banking regulators notice that the bank's capital position is starting to weaken.
Essentially, the losses start eating into the shareholders' equity and the bank's operating funds. Investors start selling the stock and depositors who may have more than the FDIC protected amount in that bank start trying to move their excess funds. This in turn requires more asset sales.
Banks could push Certificates of Deposit with tough lockup clauses, but no one is going to do that for 1-2% APR.
I took three nephews and a son to the Pokemon movie. I fell asleep. As a measure of how long ago that was, all but one of them are in their thirties now.
I saw a few minutes of the movie and a few minutes of the show ... enough to recognize some names: Ash, Pikachu, Charazard, Squirtle ... and enough to know the phrase "<pokemon name> I choose you!" and that's about it.
I heard everyone all the way through. I suspect it was probably network issues at some participants' locations. I don't think it was a problem at the server end at all.
Notes by It'sMe | export