Replying to Avatar f0xr

FREE ⚡SAT⚡ GIVEAWAY, PLEASE SHARE!

I recently started a Substack newsletter and I've been brainstorming ways to bootstrap my subscriber list. I don't use social media outside of Nostr, and I'd like to keep it that way.

I have a theory that Nostr+zaps could open up a different type of "advertising" model. Typically with paid ads, you're paying the centralized social media company to show your content to a bunch of people in hopes that they'll view it. Why not pay the viewers directly and cut out the middleman? That way they're getting some value regardless whether they like your product or not, and it's just a more elegant system overall.

So I'm going to run an experiment myself and see how this works. I recently wrote an article about Bitcoin and money inspired by a comment @Odell made on a recent Citadel Dispatch episode. If you're interested in the philosophy of money and banking, you might enjoy it.

I'm going to link the article below. It's about a 20 minute read. So the first 10 people who read the article and leave a thoughtful response, commentary, or criticism as a reply to this note will get zapped 15,000 sats each. I think that's fair for 20 minutes of your time. After the first ten replies, I'll zap each additional reader 1,500 sats as long as my funds hold out.

And if you find the content valuable enough that you feel you don't need the sats, just zap it back to me and I'll pass it along to the next person.

Thanks in advance!

https://open.substack.com/pub/f0xr/p/money-as-equity?r=3i492j&utm_campaign=post&utm_medium=web

Good luck with the substack and Nostr. Let me know what you think about your Nostr ad strategy and how it holds up!

Here were my thoughts i shared on the post:

Hey great article! I came here from your Nostr “ad campaign” so message me back here on Nostr and let me know how it goes! I’m a small business as well!

I like the swimming naked in the tide quote reference haha. Who was that again? Munger or Buffet right?

I like what you said about money just being a ledger for deferred consumption. I recently listened to a pidcast that described it great too, but more abstract in a way than you did, but i think helps to lend some understanding to money and how it works as well. He described it as both a vessel like a cup, and the value that the cup has. The value is actually the space in which YOU CAN FILL the cup. The money is the vessel that you store your value like bitcoin does (especially in the equity sense you talk about!) but also, your money is what you trade your energy and time for and put IN that cup as well, to later be used to pour out at a different time and place for something else you like, and even pour into somebody elses cup. In a way, this new form of money in BTC, because of the tech element, is both the Cup AND the liquid in a way! So interesting to think about…

Also, i 100% agree with your implications. The shifts that can happen from these major foundational changes is basically incomprehensible, because try as we might, nobody can know the damn future haha or how irrational or rational us as a DUNCE human race can be haha. The same podcast i listened to compared the change Bitcoin can have for money that the discovery of the number “0” had for math. Love that kind of stuff! Bitcoin possibilities are INFINITE! 😉

But i like how you toy and play with the concepts and project out your thoughts of the future. The more people do that, the possibilities that will become apparent, i think. So keep on writing! A definite follow from me!

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Discussion

Thank you for the kind words! It's interesting to think deeper about the things we're very familiar with, like money. Often we take it so much for granted that we don't make connections between the everyday activities and the larger consequences.