Oh Costa Rica!

tiny nips, noted.

Feels like the next one wants to be in Asia…in Tokyo or Hong Kong.

And October this year was suggested.

#[0]

One thing I noticed when I look at a particular note and then push the back button, if newer posts have arrived it will push the original one that I was looking at down so I won’t know where I left off unless I scroll down and find it again

Wait 4/5 thank you #[0]​ #[1]​ #[2]​ #[3]​ my besties

What the fully self-custodial zap zealots fail to discuss in their self-gratifying rants is the amount of bitcoin you will need to keep in a hot wallet, always online, in your Lightning node in order to have adequate liquidity to receive zaps, and the added risks of losing those funds due to equipment failure or bad actor channel partners.

Required is not the right word Pablo.

The Silicon Valley VC model is about ploughing capital in to emergent spaces in the hope that you back one of the 1/2/3 companies that will dominate the space rather than get eaten.

These startups are given exorbitant amounts of money with no expectation of profits, just growth metrics. Grow the userbase now, work out monetisation later.

So long as they hit the growth metrics, the previous round of investors help you go milk the next round - after all, it’s increasing the book value of their investment… Sounds like a Ponzi scheme, right?

And what the hell do you do with that money? You pay for ridiculous offices, provide insane perks to attract talent away from MS/Google etc and sooner rather than later you need a middle management bureaucracy to oversee the early productive team members. That’s the beginning of the end.

“The bureaucracy is expanding to meet the needs of the expanding bureaucracy.” - Oscar Wilde

A tale as old as time. Productivity in aggregate decreases with every marginal labour unit added, it’s not “required” rather its just what happens at a certain size but the investors don’t care because their goals are completely untethered from reality.

They’re not in it for a marginal return on a solid business, they’re in it for moonshots that go 100-1000X and literally gamble on entire industries like fucking degenerates.

Nostr is going to be the end of this model!

They have a GitHub api hack that could work, but once I put content on the S3, it will basically do it for my automagically at the edge