Now do a 4-year hold period …

When does the market settle back into a mostly standardized, fully bundled (but this time, streaming) TV package?

nostr:note1mrzqd38c8tn509z88vzct8ujdhzmswx0dm6cx7slzqdvjnyky9qqg3wmh2

Hodling bitcoin is like participating in both Occupy Wall Street and the GOP Tea Party combined. Except participation in bitcoin is focused treatment on the root cause of both partisan gripes: the inflationary dollar system.

Hodling bitcoin is more effective than either Occupy Wall Street or the Tea Party because it starves the evil in our institutions of its funding AND the marginal cost for a person to hold bitcoin is nothing.

No need to miss work to wait outside banks, no need to travel and reserve a hotel just to attend rallies and wave signs … just self-custody bitcoin and eventually bad actors will be brought to heal. Stacking and self-custodying more bitcoin brings the bad actors to heal, FASTER.

nostr:npub1cmwm5hhrm3jp4fd3hz9lakz7eejxz5aan4vcsekyzgk7lwwppfesksfaad +1 since NOSTR is weird…

I’m glad you two know (of) each other. Have enjoyed meeting you both a few times over the last couple years.

I know it isn’t popular to bring up with the OGs but bitcoin’s NGU properties are gonna fix a lot of class of 2017/2021 outlook. Just need a couple few more months.

I’m fine with free-market driven gas power generation for the near future. Eventually nuclear will compete but not now. Natural gas is abundant and cheap and the gas turbine is hyper efficient.

Dang it, I’m over here trying to help Will!

nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s

I want a client where there is a “large” minimum zap amount so that I can focus on generating real value from plebs who ACTUALLY value my content. If someone tries to zap me below *my* set amount, then *I* would reject their VfV offering because getting zapped 21 sats just means that my linked Lightning wallet has some dust collecting in it unless I want to administer those sats (which I don’t).

Also, it’s an indicator of the quality of my contributions to a community that I hope will grow over time. If im not getting any 1000 sat posts either I need to improve my content -OR- post less.

cc: @jb55

Sorry “a very simple fix (for differentiation)”, a differentiation for users to create a preference for high quality content creators and consumption. Given you already have as big of a user network as can be offered on NOSTR. How do you differentiate so that people like me (not a ‘PV GM’ ‘GN fren’ user) want to use your client instead of another…?

Saving and waiting out business cycles is a forgotten skill. Know your “BATNA” … know your company’s “BATNA”

Maybe a very simple (?) fix would be to impose a minimum zap of 1,000 sats, going up in 1,000 sat increments. If we’re talking about value for value, we should stop this ‘21 sats’ crap. $0.50 equivalent is “fair starting value” for an idea that provoked an idea or enhance learning or created an emotion you were not expecting.

Energy density is king. And energy losses are a killer.

Every translation of energy loses efficiency.

ICE >> combusted gasoline into motion (heat loss)

EV >> electricity generated (loss) >> transmitted into line (loss) >> into battery (loss) >> out of battery (loss) >> into motion (loss)

Humans select superior energy technologies. Electric vehicles represent an inferior energy technology being promoted by government subsidies.

Ask why governments want electric vehicles to proliferate…think through the lens of Sovereign Individual.

PowerPoint is a tool now used to dumb down smart people and empower idiots.

What happens if we find that there isn’t as much demand for information and “tech” as fiat has conjured over the last several decades. Instead physical assets and local communities (in person) are the real beneficiaries of a bitcoin.

Fiat tech is “profitable” with stupid high PE ratios and that is with the current advertising monetization model. If that goes away, what is the moat on tech, specifically application/clients? When information is inherently free, the value someone is willing to pay for that information is nothing. And the tech user experience is clearly worse (and worse for us) than the real world experience.

The implication of bitcoin as a sound money will result in the breakdown of the VC/PE models AND will require large corporations to break up / sell assets to ensure their shareholders have risked returns that shine a little bit of a light when compared to bitcoin.

Bitcoin repricing money destroys the VC shotgun approach, the PE roll-up approach, and the public company quarterly performance focus. It breaks down the American mortgage market, insurance, and sovereign credit.

There will not be “big companies” in NOSTR in the future. Companies might use it but they won’t be “big” like anything close to what we have today. And the fund model will die a tortuous death and financeers used to tax-free carries on the back of their OpCos are out out of business.

I agree with Jack … all money seeking an exit is weak money and will lead you not where YOU want to go.

Is there another “product” you could incorporate into Damus? For example, I have a VERY basic podcast out there and - holy hell - the process to get everything started, hosted, loaded, etc. is a huge pain in the butt and is spread across several different platforms. I pay monthly for that service and I hate it… can you bring live stream, hosting, etc. to Damus somehow? I would be more inclined to podcast more and try harder if it wasn’t so dang confusing.

'Titan' by Ron Chernow suggests that Rockefeller and the other magnates of the early 1900s ran into similar dynamics when it came to the emerging industrial age. Everything was deflationary ... entrepreneurs were often chasing profits all the way to forcing negative margin projects due to radical oversupply of raw materials. They argued for a monopoly -- in part -- because it kept profits high and forecastable.

I see similar dynamics emerging in the open source software / AI side of things. As Jeff Booth says, products eventually are priced at their marginal cost of production. And software doesn't have a high marginal cost to produce. And if there are multiple clients out there, there is effectively no moat to protect value ... very similar to a parallel railroad track laid by a competitor.

I am not sure what the model is that can fix this (or maybe it will never be fixed.) Until the market is WILLING to pay for a differentiated product/client that adds material value to their lives, then this is the natural progression of creative destruction of free markets.

Obviously not rooting for that outcome, nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s ... I think you need to focus on what people NEED and a twitter-esque client isn't doing it for me ... at least not relative to the other clients that are out there doing something very similar.

https://fred.stlouisfed.org/graph/?g=1dkfZ