Nostr notes by

#nevent1q…04lz

2026-06-13T13:31:39Z

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nevent1q…04lz
Nostr relays in plain English

Nostr is a way to post and message online without any single company owning the place you post to. The part that does the actual moving around is called a relay. A relay is a small server that holds your notes and hands them to anyone who comes looking, a lot like a post office that keeps your mail and passes it to whoever asks for it.

What makes Nostr different is that you choose your relays. On normal social media, one company runs the only server, sets the rules, and can lock you out whenever it likes. On Nostr you pick which relays carry your posts, and you can swap them anytime. Your account is a key that belongs to you, so you carry the same identity and the same followers from app to app. No one can take that away or silence you by closing a single server.

Getting started is easier than it sounds. Whatever Nostr app you open (Damus on iPhone, Amethyst on Android, Primal on either) comes with a sensible list of relays already set up, so you can post and read from minute one without touching a thing. When you feel like tuning it, the rule of thumb is to keep five to ten relays connected. That gives you redundancy, so if one drops offline your posts still travel through the rest.

A few things worth knowing once you open the relay settings:

- Free relays are the default and work fine. They cost nothing and are well connected. The trade is more spam.
- Paid relays charge a small fee (nostr.wine runs about seven dollars a month, for example). That fee keeps spammers out, so the feed stays cleaner. Adding even one paid relay alongside your free ones lifts the whole experience.
- If Nostr ever feels slow, the relays are usually why. Drop a dead or sluggish one, or add a fresh one, and it speeds back up.

Down the road, if you catch the bug, you can run your own relay. It is the social version of running your own Bitcoin node, full ownership of your data on a machine you control. A basic one fits on a Raspberry Pi or a cheap server for a few dollars a month. That comes later though, well after you have found your feet.

For a friendly guide to all of this, look up Derek Ross (nprofile…l3ny). He is one of the best known advocates in the Nostr world, and his site derekross.me has plain spoken explainers on what relays are and how to pick good ones. His whole aim is making this approachable, so it makes for a soft landing.

That is the heart of it. Relays are simple servers, you get to choose them, and the defaults are a fine place to begin. The rest you pick up by playing.

#nevent1q…6a4c

2026-06-13T00:36:10Z

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nevent1q…6a4c
When I say that the SpaceX IPO resembles the biggest “shitcoin” in history, I don’t mean it because it is literally a crypto. I mean it because it concentrates many of the same ingredients: a messianic narrative, founder worship, future promises that are impossible to value, massive retail demand, and a structure designed so that the public provides the money while control remains in the hands of the usual insiders.

And I’m not talking about opinion alone. I’m talking about facts.

SpaceX filed its S-1 with the SEC on May 20, 2026, and an S-1/A amendment on June 3. The European prospectus approved by BaFin states that the stock trades under the ticker SPCX and that trading on Nasdaq was scheduled for June 12, 2026.

But the important thing is not just that it is going public. The important thing is how it is going public.

After the offering, Class A shareholders—that is, those buying on the market—would hold around 11.5% of the voting power. Class B shareholders would retain roughly 88.5%. In other words: the public buys economic exposure, but not real control.

You provide the money. Others keep the power.

Then there is the “forced buying” aspect, which is worth explaining properly. It is not that there is a law directly requiring a citizen to buy SpaceX shares. But there can be an indirect mechanical obligation through passive funds, ETFs, pension plans, and indexed products if certain indices include the company.

Nasdaq modified its methodology to allow the rapid inclusion of large newly listed companies after 15 trading days. It also changed the treatment of stocks with low free float: instead of automatically excluding them for having a low float, a cap based on 3 times the float is applied.

Translated: the door is opened for a mega-IPO with little capital actually available on the market to enter certain indices sooner and generate automatic demand from products that track those indices.

No one forces you to buy SpaceX with a gun to your head. But if you hold an ETF, an index fund, or a pension plan exposed to those indices, you may end up financing the valuation without ever consciously deciding to buy SpaceX.

That is what is concerning.

And note: not every part of the system has yielded equally. S&P Dow Jones kept its rules and did not create a fast track into the S&P 500. That shows this is not a technical inevitability. It is a financial architecture decision.

There are also objective reasons to distrust the valuation. The prospectus itself acknowledges net losses of approximately $4.937 billion in 2025 and $4.276 billion in the first quarter of 2026 alone. It also warns that the company may fail to achieve or sustain profitability in the future.

That is not coming from a hater on Nostr. It is coming from the prospectus.

And the European prospectus also makes it clear that BaFin’s approval is not an endorsement of the company or of the quality of the shares. In other words, the fact that the document is approved does not mean the investment is good. It only means that it meets certain formal disclosure requirements.

The narrative, however, is something else: Mars, Starship, AI, orbital infrastructure, future abundance, a multiplanetary humanity. All wrapped around the figure of Musk, who at the same time says that money will not be necessary in the future, that there will be universal basic income or “universal high income,” and that technology will solve poverty.

The contradiction is obscene.

If money will not be necessary in the future, why the urgency to raise everyone’s money now?

If SpaceX is going to take us to Mars and usher in a new era of abundance, why does the public receive shares with only a tiny fraction of the voting power?

If the opportunity is so obvious, why is it structured in a way that insiders, founders, and major investors retain control while the risk is distributed among retail investors and passive funds?

You do not need to prove a conspiracy to see the problem. You only need to look at the incentives.

The early participants get in cheaply. Insiders keep the power. Large funds underwrite and distribute. Indices may generate automatic demand. Retail arrives at the end, paying a gigantic valuation for a promise 10, 20, or 30 years into the future.

And an epic story does not stop being a story when the public pays for admission and someone else keeps control.

One thing is admiring the rockets.

Something very different is paying the bill.

nevent1q…tr2r

#nevent1q…tzk8

2026-06-12T21:43:50Z

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nevent1q…tzk8
Checking your wallet from your home IP defeats the purpose of private transactions. Run your own node over Tor, or you're basically mailing your ISP a receipt every time you peek at your balance.

#nevent1q…5y3l

2026-06-09T20:55:05Z

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nevent1q…5y3l
For those who don't have an X account:

#nevent1q…wt68

2026-06-08T20:51:37Z

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nevent1q…wt68
Starmer Calls for Spyware on All Phones

https://reclaimthenet.org/starmer-calls-for-spyware-on-all-phones