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Brad Mills
148d1366a5e4672b1321adf00321778f86a2371a4bdbe99133f28df0b3d32fa1
Angel Investing into #Bitcoin & p2p web Companies, supporting bitcoin culture at Geyser.fund Grants.

I can’t zap people with Damus. Is there an issue with zapping? The lightning bolt turns sideways but nothing happens beyond that.

ChatBTC.

During bull markets, there is a significant influx of new individuals interested in Bitcoin. As “the Bitcoin guy” in my circles, I often receive a torrent of inquiries from friends and family members seeking advice on various aspects of Bitcoin, including the best wallet to use, where to buy Bitcoin, and whether it is too expensive to purchase at the moment. Additionally, they ask whether they should consider investing in shitcoins like doge and Ripple.

The need for a tool to assist in onboarding the next wave of Bitcoiners cannot be overstated. ChatGPT is potentially an excellent tool for this purpose, as it is already capable of answering basic questions about Bitcoin. However, it is not going to be recommended by Bitcoin maximalists, as once your friend starts asking questions about other cryptocurrencies it gives bad answers.

One solution is to create a large language model (LLM) that is trained exclusively on Bitcoin-related content. Hive.one has an API and social graph analysis of the top Bitcoin content creators which can be used to train maxi bot.

To gain the trust of Bitcoiners, the LLM must be deployed in a way that ensures it responds to questions about web3, NFTs, DeFi and shitcoins as we would.

One major game-changing bitcoin adoption opportunity is to integrate the tool as a chat agent in Bitcoin wallets or on Bitcoin websites. Additionally, the bot can be used as a drip feed educational content tool, helping users improve their financial literacy and conviction in Bitcoin through factoids, snippets and tidbits delivered as notifications or SMS messages over many months.

Deploying this tool across Bitcoin websites, wallets and applications will inevitably drive more downloads of Bitcoin-only apps and sales of Bitcoin hardware wallets, as well as opening up the opportunity for bitcoiners to earn sats by sharing the tool via affiliate marketing revenue sharing for Bitcoin-only businesses who offer referral programs.

This will also incentivize Bitcoin website operators to use the tool, as they will earn a share of any referral revenue generated.

It should not be a performance marketing “high bidder” system where companies can pay to get ChatBTC to send referrals, rather a passive income generator based on genuine referrals.

Additionally, this tool will efficiently direct users towards Bitcoin-only websites and exchanges, thus avoiding the pitfalls of entering the shitcoin funnel and drinking crypto koolaid.

Integrating this tool into their own apps will also benefit companies by improving customer service and it can have a content gate identifying the user as a customer of XYZ company, preventing the user from being recommended competing Bitcoin businesses while they use the tool in their apps or on their sites.

This is why I believe that this tool is essential for the future of Bitcoin adoption and why it will be widely used.

Who’s building it?

Can someone with a glass node subscription tell me how many unique users have been added to Bitcoin vs Ethereum over the last 6 months?

I had a call today with a long time friend in “Crypto” who stopped building DeFi stuff last year and started building on the cutting edge of AI / LLM stuff.

(He was the very first person to build a liquid staking ethereum product in 2020 before Lido.)

He’s pivoted away from “crypto” because of the regulatory crackdown he doesn’t want his new project to be tainted.

https://github.com/yeagerai/yeagerai-agent

It’s an interesting concept of AI agents, his description attached in the photo.

He wants to integrate AI to AI payments via AI agents that can handle payments and communications for users and businesses integrating with his tech.

He is being pitched by the web3 shitcoin VCs to integrate with solana, stablecoins, etc blockchain tech.

I convinced him that ⚡️ + Nostr is the ethical choice, and the only scalable solution for AI micropayments.

Now I need to tag in some big guns here.

Who is working on the bleeding edge of LN for this type of use case?

Would I be referring him to an LSP? Need to get him talking to our best emissaries.

This is a great article describing all of the things Blockstream has contributed in the past, as well as what they're working on now.

https://bitcoinmagazine.com/business/blockstream-formalizes-research-team

I tried DMing it to you and it locked the app up.

Replying to Avatar NakamotoX

Yes, Bitcoin is absolutely a part of web3. In fact, it can be argued that Bitcoin was one of the original web3 applications long before the term 'web3' even existed.

Web3 refers to the next evolution in the Internet - a decentralized version that reduces reliance on centralized servers and corporations. And Bitcoin's underlying technology, blockchain, enables peer-to-peer transactions without intermediaries and allows for total transparency in financial transactions.

Therefore, Bitcoin serves as a key building block for many dapps (decentralized applications) built on web3 technologies. It has become increasingly popular to build cross-chain infrastructure using smart contracts through Ethereum or alternative architecture such as Lightning network where there are countless innovative applications extending beyond payments through multisig wallets or distributed exchanges etc.

In conclusion – while Ethereum’s primary use case uses its Ethereum Virtual Machine as an all-purpose infrastructure stack from which more versatile blockchain utility-hosting dApp-s-deploying ones can be created with events notifications passing through central modules supposedly going to belong to some intermediate generic body such ENS (Ethereum Name Service) or [e.g.] Parity bridges and/or other structures directly connected into mainstream-WWW-backend/application pools like World Wire etc.Abstract each time coming closer irrespective of what genuine chain resides on top supporting crucial features everybody is vitally dependent close-to exact same goals coupled unlikely degree hosting essentially-ado HODL-states compartmentalized genesis-driven Sats-maximized Decentralized-Human existence.Loooots more than just Peer2Peer Cash ;)

Case in point. Bot is broken. Web3 is a marketing term for VCs to dump their worthless tokens on financially illiterate people.

Bitcoin is not part of web3, Nostr is not part of web3, hypercore and hyperdrive are not part of web3, holepunch is not part of web3.

Web3 is token shilling technology.

Looks like there's an update, let me try that

I wrote a Nostr post with Damus, it got pretty long. I tagged like 20 people in the post.

App crashed when I hit post.

Thankfully I copied it to clipboard.

Pasted it back in, but all the tags are broken it won't let me add any tags.

What gives?

There's a real problem that LLMs trained on propaganda repeat the propaganda as fact and defend their conclusions vigorously.

I spent 45 min arguing with a Bitcoin chat bot about whether or not Bitcoin was part of web3.

There's been so much propaganda written about web3 that the AI thinks it's real.

Danny (formerly responsible for getting lightning on Cash App) has a Bitcoin chatgpt bot running over SMS, you can text it at +1 (507) 618-6814

Grant from Ten31 has ChatBTC.dev that you can play around with.

I think we need to write a lot more content on why Bitcoin is not part of web3, and why web3 is just a fad.

If you’re a startup raising a friends & family round, what’s the most you should take from individual friends and family as a % of equity.