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Post Fiat Poet | Exploring the Bitcoin universe with visual storytelling, sick beats & profound lyrics

Does anyone know of a Bitcoin radio station streaming Bitcoin content 24/7?

It's a modded server but the sats aren't modded directly into the server yet. It would be epic to have the vending machine take sats some how which could unlock automated commerce for real products/services. Right now we're using qr codes and lightsats vouchers URL on notes to trade in vending machines.

Pantsless Carla in the house! She's easy to spot. Hat, gumboots, poncho and the signature no pants 🔥

Might seem unrealistic now but I think crowdfunding for large, ambitious projects from stakeholders that benefit directly from the product could replace VC.

Projects could crowdfund from institutions or HNWI directly eg sovereign wealth funds funding a local energy grid infrastructure or MIT endowment funding a rocket for student space programs. There's more alignment of outcomes and incentives there.

Why do we need the VC middlemaning the process and gatekeeping capital? Why do we need a handful of "experts with pattern recognition" to fund things they probably don't even use? Why do they need to take 2/20 on innovation when that capital could be used to invest in builders? Wtf are they building, their net worth?

I meant lightning as in Bitcoin payments generally, whatever business model (pay for relay, subscription to clients). Bitcoin makes it easier to monetize directly from a global customer base from day one.

The fact I've never heard of it and it's raised that much money (but I'm using nostr and there's no marketing team) just proves fiat VC is no longer a good signal for the best product / solution.

Nostr was funded by grants, not equity. This is the future. People don't want to be enslaved by equity owned by investors who can access printed money in exchange for real hard work. I hope people can build apps and clients based on user revenue from lightning rather than having to go down the VC route.

Thank you for jumping on and coming in a little roadtrip!! 😁

Nope just rewarding builders with value no strings attached to build stuff. And builders can ask for grants to build and iterate on something (think pre-seed round funding level) and prove it out first, then start to get revenue then build sustainably from revenue. Rather than pitch this billion dollar idea at a fake high valuation selling false hopes and dreams funded by pensioners money.

Yeah there's an awesome update coming where you can connect multiple servers in one world (which might require even more computing power!) but it allows folks from around the world to meet up in the same world but get relatively good ping from their different locations.

I just enjoy bumping into bitcoiners and generally chatting. It's a different vibe to 2-dimensional message posting into the void. I wonder how nostr protocol can be used with these types of game servers in the future. It's so exciting!

Yeah it requires a lot of computing power but you can do so much more on there! It's beautiful!

Oh yeah haha it's loading a multiplayer open world vs a closed world! I'll come find you!

I think "outsized returns" are a result of exploitating one of the stakeholders, most commonly the customer (via walled gardens, monopolies). It creates perverse incentives to build a moat and extract value instead of just experimenting without the pressure of fundraising rounds to hit every 12-18 months.

Bounties on the other hand are very clear in what needs to be delivered with little strings attached (unlike equity "give me all your future earnings forever and always") which could lead to more "building on the shoulders of giants", experimenting, open sourcing.

They're both early stage funding of an idea. Except with fiat VC you dangle the carrot of follow on investment for the price of your entire future potential earnings. And even then builders aren't guaranteed to get follow on funding.

Bitcoin bounties > Fiat venture capital.

Change my mind.

Jump on our discord and we'll sort you out! I CAN'T WAIT!

dsc.gg/orangemart