People is building elsewhere because elsewhere is where people is, hence where money is.
The swiss franc is as good as fiat can get, but people like the dollar.
Most talented people are on centralized fiat-centric business (Meta, Google, Apple...).
Discussion
Why is there no money here?
I thought zaps and valueforvalue were the mission?
Network effects and economic gravity, regarding a nascent protocol that nobody knows about. BTC for social media, about as understood as when BTC was this old. All due respect to you because you were there and your POW is undeniable, but I would say the jury hasn’t even been selected on whether this has failed. The task at hand is to get people like you to stop what they are doing and work on Nostr, but it’s going to be a slow migration as Lindy does its thing. Economics physics and corporate capture are a bitch.
Perhaps you're barking up the wrong tree.
Money and value is shifting from how we measure it today. While we can't yet allocate future price/value to an npub for example, what will a well curated decentralized social graph and web of trust be worth? As the noise increases, so to does signal's value. Signal becomes scarce. Maybe a stretch with this analogy, but IPv4 blocks were given away freely until they became scarce. Why not just move on to IPv6? Yet, brokers are finding a market (value) for IPv4 blocks (signal).
In the case of a Nostr npub/nsec, the value will be created by doing exactly the opposite of engagement hounds. AI will kill those. A well tended npub is an asset waiting to be discovered. Build, share and contribute unselfishly. Fine tune the signal to what matters to you as the individual. The 1000 true fans will find their way to you.
Lastly, we need to redefine value in this case. If this were only about Fiat gains from the tech, it would descend into irrelevance quickly.
New value is built through relationships, truth, discovery and preparing "the citadel" outside the globalists walled garden.
Nostr is an Ark, by some, dismissed as a waste of time. To an unfortunate many, the true worth/value of an impeccably fine tuned npub will only become apparent after it's too late. 2011 bitcoin was unappreciated, there was no money in it, it was squandered and left haphazardly on thumb drives. Forewarned, we should be circumspect of high time preference detracting from ultimate fruition.
