This thread is 100%, absolutely spot on. None of this glassy eyed blind worship shit. Real problems, real attempts at solutions.
Paid relays can't scale. Users are fleeing Elon because of paywalling. Here you would have to pay multiple relays for redundancy. Network effect will never engage. Same logic for paid Clients.
Tokenization combined with ads is the solution for incentivizing all stakeholders. Fixed supply token issuance. Advertisers buy a token, and pay that token to relays, clients, users, and creators in exchange for advertising (or really, boosting visibility). Because that's all feed advertising is.
This rewards users/clients/relays and keeps them sustainable. To cash out users/clients/relays simply sell their tokens to the next crop of advertisers for ad slots. And so on. Perfect tokenomics. Slightly tricky mechanical implementation.
Agree, excessive duplication is wasteful, but is more robust. That's the downside of any decentralization. It sacrifices efficiency for censorship resistance. Centralization is ALWAYS more efficient, but you get censor risk. Tradeoffs. In this era of mob rule, censorship resistance is taking precedence.
Illegal content. Agree. Tricky issue. He who holds it, becomes the target. It basically has to be darkweb. Of course no one supports child porn in any way. So it's tricky.
I think really the solution ends up: Content Sovereignty. All accts need to act as their own relay. Self hosted. Instead of relying on a few 3rd party relays who could go rogue. Of course this is possible now, but I haven't figured how to build a relay, so it's not dummy friendly.
But if everyone is their own relay, then a user subscribes to not only the account, but its attached relay as well. Package deal. This way 3rd party relays aren't risking users "driving it like a rental" and possessing incriminating content on their 3rd party relay.
The client would then populate feeds from all the people you follow, directly from their self-hosted relays. Infinite decentralization. Content sovereign. Also much easier to fairly tokenize, since a content creator is bundled in with a relay, they're being rewarded for both.
I guess the problem with this structure is, government "pruning". If gov finds your wrongthink, they attack you directly and throw you in jail. That is if they can track down your anon handle, VPN obscured IP, etc. It's easier for them to sniff out individuals, than a group. Maybe. Also clients still remain a potential ban point, not sure the solution here.
But this is the right convo to be having. Big respect to you 2.
Awesome to hear. Nostr needs to be tokenized so you relays can cover costs and make money, and encourage more relays to join to increase decentralized effect.
Yup. And here we've got Nostr Clients suggesting they monetize the same way: paid subscription.
All while a mass exodus is occurring from Xwitter to Nostr, because Xwitter started paywalling. Mindnumbing stuff.
Hope so. I throw in some crass shit every so often just to stress test the system. Appreciate your wisdom.
Oh PayPal is horrible for that. Great mention.
Actually? Are you fucking kidding? Source?
If this is verified I'm gone, and I completely misread Nostr.
This is monumental if true. Defeats the entire purpose of the app. Would be just another shitcoin...
Please keep me posted.
Do you have to pay for your BTC mobile wallet?
Clients can do as they please. But paywalling is suicide. Be warned.
Again. Allow user to select ad frequency. If they want no ads, let them have no ads. Your use case solved. If they want an ad every 10 posts, let user set that. Or 1 every 20. User's choice.
But you pay the user a portion of the ad revenue as incentive incentivize allow ads view ads. When you pay the user, they'll allow ads. This is 98%+ of users.
In this format, the user isn't the product. They're also the landlord. And they have full flexibility to view or decline as they wish.
Opposite. Paywalls it and watch them create their own. Or worse, kill the Network Effect from ever establishing.
Allow users to select frequency and pay them for viewing them. No ads, no payout. Some ads, some payout.
Client takes the cut to remain sustainable.
Reverse payment. Much better.
Just inject ads into feed. Pay user (and/or Creators) to enable them and let them select injection frequency. Simple
Paywalls. Never. Work. Ever.
Ask a Bitcoiner about gold bullion, "It's a relic paperweight that barely moves".
Ask a silver stacker about Bitcoin, "It's a ponzi-fraud-o-pyramid scam, created by the NSA".
We're literally on the same team. 🤣
The memes here in Bitcoin-verse are extremely similar to gold & silver stacking forums. All types of hard money are important to hold in some quantity during these uncertain times. I like them all.
Can copy my homework if you like. If we break above $32k without the purge to $23k, then yellow 2 moves to the Aug/Sept low and we're already en route to yellow 3 at $70k. By Spring.
As always, manage your own risk. I'm wrong sometimes, but it's rare. :)
I've got an arsenal of these. 🤣
we should charge $2 a year so we’re more exclusive https://fortune.com/2023/10/17/twitter-x-charging-new-users-1-dollar-year-to-tweet/
Elon putting out another Nostr ad! 😀
Someone wanna explain why Canada is flying military planes on the Chinese coast, 8,000+ km off our shore, with a "journalist" onboard videoing it? This is nefarious as shit.
As a Canadian, let me be clear: Bring the troops home. Worry only about our borders. Ignore foreign conflicts. And get the FUCK out of the cesspool called NATO. Rant over.
https://video.nostr.build/5a7048c0b3d80ebe63733e2dbf67ef498197a46f7a9c70bb3269d21ff62d42fb.mp4
My best recommendation is Android. 😆
People have fell for scammers, and will continue falling for them until the end of time.
They get swept up by charisma, mania, greed, and hope. Failing to look at the realistic efficacy of the company's proposed solution. Stay shrewd.