Edward Snowden, the former U.S. intelligence contractor, said in late January that he has been dealing with Bitcoin BTCUSD since pre-2013, and he has never seen it feel as powerful as it does now on Nostr. What happened to the experience of most people with Bitcoin payments, is a 30 -- 60 minute wait for mining two-plus block confirmations, and a fee that made it feel dumb to send less than $20, he wrote on Nostr, shared by a Twitter user.
Snowden said that when ordinary people understand that international money transfers can be virtually unavoidable, and only require two clicks, things will start to get very exciting.
He said at the time that this already feels better than everything naked on-chain, and that it still needs to cover a lot of road on the privacy problem.
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Snowden said that the hardest problem has always been making it easy for people who don't care about it to accept it, without requiring them to start caring about it.
That is by making it better than money. He said that we're not there yet for everyone, but for the first time in many years I caught a glimpse of how it might be possible.
Snowden hailed Nostr as a replacement for Elon Musk's Instagram and Twitter.
The platform is a decentralized network based on key pairs, according to Nostr's official website. The platform was created anonymously and no company has yet to reveal who is behind the new social media site.
The Analysts predict thatBitcoin will reach new all-time highs in the near future: Would Be Very Much In Line With Past Cycles''