venor

@npub12gu…fle6 @npub12r0…9qrx
This is from the book The Long Good Buy by Peter C. Oppenheimer. I’d recommend giving it a read if ya got the time.
“ The move to a negative correlation between bond and equity prices has proved to be more sustained than ever, as lower bond yields are viewed as a reflection of lower structural growth and potential deflation (as per Japan).
Inflation is the biggest risk for investors in fixed income securities because, although government bonds offer a fixed nominal return over a specific maturity, they offer no protection against surprises in inflation. For equities, their cash flows are linked to inflation and therefore offer some protection in the event of rising prices. Of course, the opposite is the case in periods of deflation.
In these circumstances, a fixed nominal return is highly prized, whereas equities - whose cash flows and dividends would fall in line with inflation - are more exposed and require a higher prospective return (lower valuation or higher ERP) to compensate for the risk. This is why in economies that are more prone to deflation, such as Japan and (more recently) Europe, rising interest rates and bond yields have often been seen as positive for equity investors.
This seems to be one of the main reasons why the ERP in many markets appears so high currently relative to the past. Another way to think about this is that future returns are more certain for bond investors (there is less perceived risk that inflation will eat away at the fixed nominal returns) and so equities need a higher relative yield to continue to attract investors.
To summarise, there is a constant tug of war between the bond yield and growth expectations that influences the relationship between bond and equity returns.”
https://image.nostr.build/7a6c08fd8d19ddb85793f6ac9641e3bfa790db791bda8093a34e4df3e5a401fb.jpg

2025-08-26 17:15:34 UTC

@npub12zq…99h8
# Merit-Based Relay Directory Service (MBRDS) for Nostr: Governance White Paper
**Version:** 1.0
**Date:** August 26, 2025
***
## Abstract
This white paper introduces the Merit-Based Relay Directory Service (MBRDS): a non-tokenized, reputation-driven infrastructure and governance framework for decentralized relay discovery in the Nostr network. MBRDS is tailored for community accountability, service reliability, and protocol scalability, all without financial or token voting influence. By prioritizing meritocratic mechanisms—peer evaluation, verified contributions, and reputation—the system aligns network management with Nostr’s grassroots, censorship-resistant ethos.
***
## 1. Introduction
Nostr’s open architecture has accelerated adoption of decentralized social platforms, but onboarding challenges, fragmented relay lists, and lack of infrastructure accountability remain unsolved. Previous designs relying on tokenized or stake-based voting systems have maximized the risks of centralization and plutocracy. The MBRDS framework is designed as an alternative: a system built entirely on multi-dimensional merit, reputation, and verified contribution, ensuring relay discovery is democratic, transparent, and resilient.
***
## 2. Meritocratic Directory Service Provider (DSP) Selection
### 2.1 DSP Roles
- Maintain the relay directory mesh, serving as critical infrastructure for network relay discovery and quality assurance.
- Monitor, evaluate, and list relay service providers (RSPs) based on transparent metrics.
- Interface with the community for feedback, appeals, and operational improvements.
### 2.2 Selection Process
- **Nomination:** Any network participant may nominate DSP candidates, substantiating their technical, community, or organizational value.
- **Verification:** Candidacies are vetted by panels comprised of developers, relay operators, and independent community reviewers.
- **Peer Evaluation:** Ratings on multiple dimensions—technical skill, uptime, geographic diversity, transparency, and collaborative behavior—are aggregated into a public reputation score.
- **Continuous Assessment:** DSP service is time-boxed and subject to regular performance audits and community feedback mechanisms. Failure to meet standards triggers reevaluation or replacement.
- **Diversity Optimization:** Panel-based selection ensures geographic and jurisdictional diversity among DSPs, preventing concentration in any region or stakeholder group.
***
## 3. Service Standards for Relay Operators
- **Eligibility:** RSPs must meet minimum requirements for uptime, reliability, transparency, and moderation practices to be discoverable via the directory.
- **Connection Model:** Each relay connects to three diverse DSPs, maximizing redundancy, minimizing single-point failures, and optimizing latency.
- **Quality Audits:** Peer-driven audits and technical checks facilitate continuous improvements.
***
## 4. Consensus and Governance Systems
- **Consensus Mechanism:** Governance events (e.g. DSP elections, RSP quality standards updates) are decided through structured reputation-weighted consensus among DSPs, relay operators, and panels.
- **Decision Transparency:** All changes, votes, rationales, and appeals are publicly recorded in the governance dashboard.
- **Rotating Panels and Term Limits:** Panel members and DSPs rotate regularly to avoid entrenchment and to encourage fresh perspectives and innovation.
***
## 5. Economic and Operational Sustainability
- No tokens or stake-based incentives.
- Directory listing fees, premium analytics, support services, and third-party grants provide stable operational funding.
- Cooperative resource sharing, open source tooling, and community contribution minimize overhead.
***
## 6. Security and Anti-Gaming Defenses
- **Sybil Resistance:** Identity verification through sustained, cross-verified contributions; social graph analytics; and credential audits.
- **Reputation Auditing:** Peer evaluations are monitored for manipulation and bias; temporal weighting ensures recent performance is prioritized.
- **Appeals Process:** Structured, transparent processes allow for dispute resolution and correcting governance errors.
***
## 7. Democratic Legitimacy
- **Open Deliberations:** All contributors have equal voice in community debates; expertise informs, but never overrides, inclusive decision-making.
- **Accessibility:** Support for participation from diverse backgrounds, with guidance for skill development and inclusion.
- **Minority Protections:** Deliberative mechanisms guard against majority tyranny, supporting protocol neutrality and censorship resistance.
***
## 8. Implementation Roadmap
### Phase 1: Foundation
- Develop peer review and reputation infrastructure.
- Recruit DSP candidates and design the panel system.
- Deploy initial directory mesh protocol and relay registration.
### Phase 2: Community Expansion
- Begin public nomination cycles and panel evaluations.
- Integrate relay onboarding, community feedback, and open governance dashboards.
### Phase 3: Scaling
- Expand DSP and relay pools, refine governance and audit processes, and evolve service models for long-term sustainability.
***
## 9. Conclusion
The Merit-Based Relay Directory Service (MBRDS) delivers a scalable, resilient, and democratic infrastructure for Nostr relay discovery and management. By anchoring governance in multi-dimensional reputation and verified contributions—rather than tokens or wealth—the network is shielded from plutocracy and centralized failure. MBRDS empowers community-led infrastructure, sets transparent standards for relay quality, and enables the censorship-resistant communication needed for the next era of decentralized Internet platforms.
***
## Appendices
- Peer Review and Panel Procedures
- Relay Operator Quality Audit Protocols
- Governance Dashboard Specification
- Community Nomination and Credentialing Guide
- Sample Quarterly Governance Report Template

2025-08-06 18:41:37 UTC

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You damn right!

2025-08-06 18:40:16 UTC

It’s on like Donkey Kong #Bitcoin
https://image.nostr.build/ad43df5d82e11ea0cb34e8ee1c5e1f51fbfd1b7aff1454515bdf44014a34ca2d.gif

2025-07-06 02:30:02 UTC

@npub12r0…9qrx @npub12gu…fle6
Wanted to correct some info I shared. The book was "Hedge Fund Market Wizards" Chapter 1 and the Libor rate spiked in August 2007. I stated it went to 0, but that would be the opposite of what happened. So just wanted to correct the error.

2025-07-02 12:45:54 UTC

ADP Private Payrolls -33K, Exp. 98K

2025-06-30 23:39:30 UTC

@npub1e3m…qvr5 and instead we get a bearish engulfing on the daily 🤦🏻‍♂️

2025-06-02 18:56:31 UTC

It looks like #cornychat is down.... sigh

2025-05-26 02:11:43 UTC

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can't click on the room to join.... is it not a link?

2025-05-23 00:18:45 UTC

Flavor of the day #cigarstr
https://image.nostr.build/1d4a4a5c9c9f3d89bec472487659b67ea541812561db133872f323ed70fdf67e.jpg

2025-05-01 00:28:46 UTC

@npub1v2n…etnt
Check this out... https://www.youtube.com/watch?v=xQwyr_bSRps&t=9s
LIBOR and SOFR.... S stands for Secured, meaning they must post US Treasuries as collateral. In not-so-many words, "creating more US Treasury demand". Before with LIBOR they didn't need to have collateral.

2025-04-28 01:36:13 UTC

https://x.com/supplyshocks/status/1916215889697116532
@npub12r0…9qrx

2025-04-22 00:02:40 UTC

Disciple RP. 💨
https://image.nostr.build/0d1990bf9e780b25d27fe85eb8b7b494a63a1c5a10f602ec0bb6f55002e7db7e.jpg

2025-04-19 15:29:09 UTC

Flavor of the day!
https://image.nostr.build/2816fed8d1242fd4e963d2c0a2f9bc2620a56b8d866e3c90ec49cb9f8c037440.jpg

2025-04-14 20:29:05 UTC

https://media.tenor.com/C_yaccHwisAAAAAC/btc-bitcoin.gif

2025-04-07 01:05:06 UTC

Bitcoin will be back at 82k by the open tomorrow. https://image.nostr.build/7bedf5233d5207e6f47012924fa6456fafda9804b0d1457e784e6e5c8997a2ab.gif

2025-03-14 17:48:40 UTC

Gonna run the old milestone back. The new 100k this will be lit.
#nevent1q…9zwd

2025-03-04 13:36:01 UTC

Thinking the US will be leaving NATO tonight…. https://image.nostr.build/cac439da23ca47082c3648c30e8d813de79dbb7c85f14b432aeb12982e2cbb81.jpg

2025-03-04 00:17:24 UTC

What #bitcoin related milestone should I light this tasty cigar for? https://image.nostr.build/79975e8e2176076949c2dd926adbeabbc868ef90901059f11f8a137beb732e3d.jpg

2025-03-03 20:52:02 UTC

New gap filled https://image.nostr.build/d00a4cb33e18c24b36fa6eae3a5e8e0dbe645ed1ebbded1cbdba89524c3b57c7.jpg

2025-03-02 16:45:26 UTC

Might be hopeium on my part but kinda feel like this is their way to create price pump /exit liquidity. I’ll be shocked if it these end up being in a SBR or SCR… https://image.nostr.build/7a66a06e27e75178eea61bbae7f0ffec02e0857bc261079ce5b395fd4c8dfbb8.jpg

2025-02-28 17:25:20 UTC

https://media.tenor.com/ITFPss7UmUQAAAAC/matrix-it-is-done.gif
#note10e5…x36m

2025-02-28 02:01:49 UTC

It’s coming for it… #note1sf3…d9v7

2025-02-26 12:24:39 UTC

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😔

2025-02-26 01:22:13 UTC

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https://cornychat.com/ceilingcritic326

2025-02-26 01:18:32 UTC

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In a different room if you wanna tell me how jacked to the tits you are.

2025-02-26 00:18:59 UTC

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You’ll have to explain on corny chat. You gonna be on tonight?

2025-02-26 00:02:02 UTC

Badass!! #note193v…0a20

2025-02-25 23:59:44 UTC

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https://media.tenor.com/TUQz4F3UXwwAAAAC/meow-super.gif

2025-02-25 23:43:33 UTC

👀 https://image.nostr.build/d74081bbef88a552dcb9bc310ba82273b4fa15edaf433d806dc4d6d3eece7857.jpg

2025-02-25 15:37:05 UTC

Coming for that gap. #BTC1! #CME https://image.nostr.build/d82c16e77c669a98588c500bb040810f675c506233cc8c082c8825f45295d532.jpg

2025-02-21 01:33:58 UTC

Do you think if the gold wasn’t in Fort Knox they would actually tell you?
#national-security

2025-02-18 01:02:43 UTC

@npub12r0…9qrx
https://hivetalk.org/join/04487DirtyTowel

2025-02-18 00:53:02 UTC

We're having a party in here! https://staging.hivetalk.org/join/CornyChat
Live Now in #HiveTalk

2025-02-18 00:32:24 UTC

https://cornytalk.com/tobaccoturkey451
#cornychat

2025-02-16 21:43:32 UTC

@npub12r0…9qrx gotta bounce we can pick up the talk later. o/

2025-02-16 17:59:41 UTC

👀
https://cdn.nostrcheck.me/465e713fc0f0fd664379dc73d1e44ba1149aa9d3aebbf23a2ed5151d143ac5e1/e9fb257705b9edcdc9dbd9aae8f1ce2a7f0a16e599b81d8864dad96cd9541bed.webp

2025-02-11 22:03:25 UTC

Is Deepseek this moments Sputnick moment?

2025-02-11 22:00:21 UTC

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Yep @npub1mre…s0g5 is correct.

2025-02-05 20:58:15 UTC

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https://media.tenor.com/5dMt9nElzDAAAAAC/forever.gif

2025-02-04 01:38:14 UTC

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Using Nostur and can’t be more than happy with it. The gallery is a nice feature.

2025-02-02 12:31:12 UTC

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I appreciate the questions. This is a well known custodial wallet. So I’m guessing the channel issues is less likely a cause.
Let’s say though they were having a channel issue. Would my solution be to create a new bolt-12 event or if I wait is it going to try the lightning payment again later?

2025-02-02 05:02:25 UTC

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https://image.nostr.build/e7bb24e66b51e7983873028df5a3fea36e0bee4a0562565c3e1c936a24206e9b.webp

2025-02-02 04:36:09 UTC

@npub1qtv…7dze
I am having issues with my bolt-12 payout. I received the first payout but no payouts since. I have had 3 more earnings since but none of those were sent. Any suggestions as to what I might be doing wrong?

2025-01-30 02:20:52 UTC

This is life in Bitcoin. https://video.nostr.build/adeda54a9b85b84e5d1e6556eae4cab330333d3d28f4cbcfdbcef68d4ce4f2bc.mp4

2025-01-30 02:16:33 UTC

@npub12r0…9qrx hi

2025-01-27 04:12:47 UTC

Amazing!!
https://cdn.nostrcheck.me/465e713fc0f0fd664379dc73d1e44ba1149aa9d3aebbf23a2ed5151d143ac5e1/40ef8312f92b012567452cb88aaee25e9e6d96502c785162bf2788c9147d82a0.mp4

2025-01-27 01:29:33 UTC

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https://media.tenor.com/9wXvMArfiFUAAAAC/metallica-you-know-its-sad-but-true.gif

2025-01-27 01:03:35 UTC

@npub1yrk…77xh
Where ya at??

2025-01-24 00:11:12 UTC

Waiting for a correction now….
#note13lu…26kg

2025-01-23 21:31:36 UTC

@npub1yrk…77xh Congrats!! Reply and I will complete the transaction for the EO. I doubt there will be anything else.

2025-01-22 18:16:26 UTC

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🤣 I’m good where we are at.

2025-01-22 16:27:35 UTC

Larry can't contain his bullishness! https://m.primal.net/NuuL.mp4

2025-01-22 16:19:34 UTC

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@npub1yrk…77xh

2025-01-22 16:18:37 UTC

https://m.primal.net/NutS.png
Odds are in your favor npub1yrkexvt88h6cgd32gdcfm55auuz6rw6c70xj478gcz6lstz5czvs9s77xh

2025-01-22 16:15:46 UTC

npub1yrkexvt88h6cgd32gdcfm55auuz6rw6c70xj478gcz6lstz5czvs9s77xh

2025-01-22 00:01:22 UTC

Congratulations Ross!!
https://media.tenor.com/v-XXqo08Q8gAAAAx/im-free-andy-dufresne.webp

2025-01-21 09:41:08 UTC

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Interesting Damus didn’t pick up the referenced note in the note with my @ primal did though. I’ll give it a read.

2025-01-21 09:34:19 UTC

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2025-01-21 02:49:53 UTC

GM! #nostr

2025-01-19 05:17:53 UTC

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https://image.nostr.build/814f2ecb1cb4844626e020954197ea7d8cfcc86a3f69dbf173a672c22dfde1a0.gif

2025-01-19 05:13:12 UTC

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https://image.nostr.build/e87f8964ab4de2134628d8626904e1dd63579b33c36938ae2e700dd3a3dbe8c6.gif

2025-01-19 05:12:07 UTC

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https://image.nostr.build/66166f02c1213cc8b3c4f505944185b0a08c013869c226ea90de7317a7e8380c.gif

2025-01-19 05:09:39 UTC

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https://image.nostr.build/9d06f6022aa03bb5e3b1be265ed3715b6cf5a3b71274de3711fb6d883276a0b7.gif

2025-01-19 05:04:19 UTC

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https://image.nostr.build/9f7b9848e660eb1b6bfc8e3b3a58f280904eac786fa5feb32106dc3a38181ce9.gif

2025-01-19 05:01:36 UTC

https://image.nostr.build/80933c3257aaf811863b89db222065a1a47d51f97363f55b9dd90360ad10ac6b.gif

2025-01-18 00:04:10 UTC

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Hell Yea!! Thank you!
Hope you get your cold brew your thinking of.

2025-01-17 23:51:53 UTC

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cold brew?

2025-01-17 23:49:38 UTC

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Americano

2025-01-09 13:58:35 UTC

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To be fare my math wasn’t mathin when talking to @npub12gu…fle6 about it, but I did get them for $7 a stick.

2025-01-09 04:17:20 UTC

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🤣😂🤣

2025-01-09 04:15:04 UTC

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Damn!

2025-01-09 04:14:23 UTC

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Not to be confused with runts https://image.nostr.build/05aa94e402d6a5313066ab9d8ddf821af81de6ae9c28f1fb72e54dd7dde8d64d.jpg

2025-01-09 03:49:41 UTC

@npub12r0…9qrx
#nevent1q…2hu0

2025-01-09 03:42:35 UTC

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Yes!! can’t wait to give these a light.

2025-01-09 03:15:58 UTC

https://image.nostr.build/6755cdfdd91c0bbd1e6afbc6384175c271c74b39527cce33c175ee7aa75be246.jpg https://image.nostr.build/ac60dc08b8a7cee8e966f9c4f38a7a3a52514cacb88e750db9bc22656a53aaa3.jpg

2025-01-08 13:58:37 UTC

https://youtu.be/_zJz4s-p2hE
@npub12r0…9qrx

2025-01-08 03:41:06 UTC

Satoshi for your thoughts…
Imagine you’re the US President. You hint at executive orders pre-inauguration. On day one, you sign them—but no mention of #Bitcoin. Instead, you quietly sign a secret Bitcoin order. Market expectations collapse, Bitcoin tanks, and the US scoops it up during the correction.

2025-01-08 03:16:57 UTC

https://youtu.be/t2EHB5qimyE
@npub12gu…fle6 Just watched this made me think of our conversation.

2024-12-27 21:21:54 UTC

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https://x.com/marionawfal/status/1872751367422460246

2024-12-27 21:20:52 UTC

Unpopular take: If Biden spent 40% of his presidency on vacation, maybe temper your expectations for what Trump (or any president) can actually accomplish. The country runs on more than just one person in the Oval Office.

2024-12-27 17:26:26 UTC

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Ha! Made me think of you.

2024-12-27 16:43:38 UTC

@npub1mre…s0g5 https://x.com/carlbmenger/status/1872572943785763289?s=46&t=16W5qiG9LbByJORfCiE4fw

2024-12-27 03:36:54 UTC

Gold is to Silver as Bitcoin is to the Dollar.

2024-12-25 14:52:10 UTC

Merry Christmas!! https://image.nostr.build/4941083342e283465a656f55469d03fe67c44d49600e6586320368c725119d70.jpg

2024-12-24 03:19:23 UTC

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Have these hit Amazon yet?

2024-12-21 18:06:25 UTC

Can’t put this down. https://image.nostr.build/c0060bffacb1a67cb395c0245e5474305a81d7c6509c28ae75d7bc2eaa1b5927.jpg

2024-12-21 17:35:55 UTC

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GM! Merry Christmas! https://image.nostr.build/2a4cb4f209beab5b47d9f2c87ea8d7bf47ee6bb2be1a2b66d26daacf03132de4.gif

2024-12-19 19:18:24 UTC

The end is near!

2024-12-17 14:56:52 UTC

https://video.nostr.build/eb9fe94822f1c2a9d6526289b7039861814c4e2497e376880206a0ace8c1d198.mp4 "It might make sense just to get some in case it catches on."
- Satoshi Nakamoto

2024-12-16 02:50:26 UTC

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https://x.com/Chandi10Music/status/1868475889601913308