I wrote you a book:

It's good to see Nostr is getting mainstream enough to have people that don't know about that parlance. Let me explain. Well, first there was Bitcoin. Nobody expected it to work, as all previous attempts at digital currency had failed. Therefore, nobody quickly found a way to make money. Also, it was quite a while before Bitcoin found monetary value. Once it did, the next project copied Bitcoin's code, changing a few parameters and wanted to claim it had value too (so the creator could print free money) now a term needed to be invented for what it was. Cryptocurrency was a term to take shelter under Bitcoin for other projects created by people, some with good intentions, some with not as good intentions. However, they, unlike during the creation of Bitcoin, all knew, that it was now possible to create a currency that would catch on. Cryptocurrency therefore means 'Bitcoin-like' and is used, in my opinion to trick people. FTT, for example, could be issued at any point by a centralized company. Dogecoin has no hardcap; there is literally no limit on its supply, stablecoins can be censored at any point, Ethereum's POS causes a situation where if you have more Ethereum, you can stake more, and literally get more and control the protocol, an exaggeration of our current monetary system.

A word to put a memecoin in the same category as Bitcoin is gaslighting on purpose.

So, in the Bitcoin-only community we say crypto, we mean non-Bitcoin. Truthfully, Crypto conferences, Crypto News websites barely even have much Bitcoin stuff anyway, besides negative stuff. People from the altcoin space are generally surprised to find out that Lightning works because their media tells them it doesn't.

Web 3:

So the joke is Web 3 is a funding mechanism looking for a usecase. Meaning Web3 is an example of some horrible incentives regarding VC funding, frequently involving a16z. Out of all the Crypto startups they funded, you know how many Bitcoin ones they funded? 1. There was 1 that involved David Marcus who was from the failed Libra project from Facebook. Anyway, usually a VC invests and it takes a while to find product market fit. However with Web3, a premine gives VCs tokens in exchange for investing, when the token pumps after listing, they dump on retail, the token tanks. Horrible incentives.

Jack Dorsey wrote a few antagonistic tweets about a16z and these incentives. Web5 is a play on that. Nostr, Web5, TBD, Impervious. Ai, bitkit and slashtags, Bluesky all don't use a blockchain. They all have some connections to Bitcoin. Whether that be Lightning Network, or DIDs (Decentralized IDs), but a thing about Bitcoiners is that besides Bitcoin, they actually really don't like Bitcoin-shaped things (aka blockchains).

So, Nostr is a Great example. Here we have something where the growth is so organic, because it's not around a token we hope will pump. It's Bitcoin. But you don't need it to post. Or to start an account. In fact you don't have to touch it if you don't want to. But if you do, it's super easy. (Last I checked, alot of the Asian users still need to get aboard using Lightning on Nostr.) Also, unlike Farcaster or most Web3 things, there is no Nostr company. EVERY person building on Nostr is doing it because they want to. Just like Bitcoin. Which is also a bit different than most other communities, besides maybe Monero, although they are much smaller.

But yeah, it is cryptograpically signed keys, but it is not a blockchain, there is no token, and there is no VC interest. It doesn't feel like Web3 to me.

That being said, I have heard a Bitcoiner say Nostr and Lightning is the real Web3. Everyone has their own opinions.