Monetizing social media is a relic of fiat 2010s … there is no long-term V4V money to be created through sitting at home or behind a computer and typing what a person thinks or the stuff a person creates that is distributable across the internet with a click of a button.

V4V comes from real goods and services being contributed and delivered within local communities. V4V is a return to the 1950s-1970s with the benefit of instantaneous global communications.

NOSTR is a freedom technology, a coordination technology. NOSTR is NOT a technology to “monetize” one’s ideas nor one’s content. This will be the tension in the system that plagues people trying to fit the 2010 content model into NOSTR’s open source, freedom tech reality.

Reply to this note

Please Login to reply.

Discussion

interesting take

Interesting take. So what about all the entertainment / theaters / musicians on the street back in the days?

Isn’t that the equivalent we should compare this to rather than real goods?

Sure but the value of a casual in-person street performer enhancing the real-world experience of a couple walking down the street experiencing a real moment that would otherwise be devoid of music os different than scrolling through a timeline of content and listening to a recorded, disassociated clip of music with no association to a real moment of importance.

Even the 1950s-1990s street performer had a guitar box hoping to get 20 people to throw in a dollar a piece. The actual yield from the old day street performer was quite low and represented the “value” that performer was really contributing. Further, those performers were filling in the gaps of their income, using street performances as the method to get real “gigs” in venues that would bring them more of an audience and more success.

The modern street performance that has its own in-show marketing and hook and drawn out process that pressures onlookers into contributing to maximize the performer’s yield is also very fiat.

The modern content creator is gimmicky and short-attention focused which prioritizes more TikToks and fewer symphonies. V4V ultimately is going to put value on symphonies and NOSTR is going to enable the best symphony to find its way to the ends of the earth to give people hope who otherwise couldn’t experience that hope.

But an initial release of most original music or the “cool cover” of a Journey classic or the podcast episode discussing the latest “thing” and how it applies to bitcoin…those are (for all intents and purposes) worthless when it comes to monetizing via the internet.

The cat-in-the-box theory, whether full or empty, depends on you. The goal is 5 million, but the choice between the full or empty box is yours.

Solana.....

5uiAkvrEBRP71snvPsQC9AV1qrTGkJGyEqrPeJ3mrmNt