The Genesis block is the only premined block, and the only coins that aren't spendable

Because if they were spendable, it would mean there was an issuer and be much easier to argue Bitcoin is a security

Just one of many 9000 IQ plays by satoshi

Wondering why we have the ability to zap ánd like (heart) something on Nostr. Zapping ought to be the standard imo. Isn't zapping just a much cooler way to show your appreciation?

If a person could have been magically transported through time from 1934 to 1945, I think the changed world would have been almost unrecognizable.

Similarly, I believe we would scarce believe the changes that are coming by 2035.

For worse and for better.

Buckle up.

NOSTR is a place to say what you want to without ads or algos to magnify or reinforce it. If someone else’s free speech bothers you, you just mute the fucker.

Markets hate uncertainty… everyone knows this.

In my multi-decade experience, no asset is as *certain* (whatever that means) as #Bitcoin.

If #Bitcoin is confusing and uncertain to you, study more.

Cheers.

I feel like most people on Nostr are of the AOL dialup generation. The good ol days of AIM, MSN messenger, yahoo chat

That would put most of us at 30+ years old. How old are you?

33.

#asknostr #nostr

gifbuddy.lol 😂👌💜☕️🍪👀🧡🫂

Nostr necee stop

nostr:note1k5cuu6kz0avff73ysl9wm70wpu63jcasj2qgwgxt2ku7r5pfn9zs527fc9

Gm 🍳 ☕️

Anything rising in price is absorbing the money being put into the market.

Human progress is deflationary.

Y'all realize that the apps don't really matter, in the long-term, right?

We're going to go down in history for the protocol, for the libraries that utilize it, for our new design standards, novel storage concept, payment rails, and generalized workflows and architecture. Not for our individual implementations.

AI will be building the apps.

Apps are a commodity.

Apps come and go.

We are building a tech stack.

Cagr is basically 50% and people are complaining about price action lol 😂 this is an infinite money glitch.

Cagr is basically 50% and people are complaining about price action lol 😂 this is an infinite money glitch.

I don’t think monetization is an issue. I think the only thing preventing monetization like that is scale.

While we don’t know impression numbers on Nostr, you will get paid about $4-8 per million impressions on X.

Let’s take the upper range, $8/million impressions. On X, if you have 1.5 billion impressions in a month, you will make about $12,000 in revenue at $8/million impressions.

Now let’s look at Nostr. Let’s say 0.5% of people zap a post with 21 sats. This means that for 1 million impressions, you will have 5000 zaps, totaling 105,000 sats. 105 ksat is around $61. This means you would be paid around $61 per million impressions.

So, on Nostr, if you could pull in 1.5 billion impressions in a month, you would make around 157.5 Msat, or $91,300, if only 0.5% of viewers left a 21 sat zap.

That is 7.6x as much as you would make on X. We are so early to Nostr. The most zapped posts are probably only getting thousands of impressions. I feel that the zap rate would be much higher than 0.5%, but if it were only 0.1%, you would still make more than on X. Ad revenue on X is a joke.

Micropayments will destroy ad revenue based services. We will still see advertiser deals like you see on podcasts. Certain types of content, like videos, would see a higher rate of payment than simple tweet style posts.

What makes nostr better?

- No commercials

- You control the algorithm

- You control your own data

- Zaps

- High Signal

- People are nicer

- Ability to switch client

What can make nostr better?

- More users

- More content

- Larger network effects

Too complex. Who’s gonna manage that, who decides where the money goes, how do you measure success, what’s the economic incentive for the individual contributors.

Stuff like that is always 1000x harder than it sounds