Bingo. It's not like we also haven't seen relay/app owners talk about how they need money to continue multiple times already. This without any level of significant adoption, too.
What happens to operation cost if Nostr gets to 500 million users like Odell believes is coming? They're going to be orders of magnitude higher unless we have infinitely more nodes somehow balancing data volume and traffic out.
The special sauce (for me) is that it is an open protocol where you can take your keypair to any platform, service, or app built upon it.
It's akin if you had one account that worked across X, Facebook, Reddit, WordPress, etc. If one goes down, you don't lose your data, magic Internet friends, or your magic Internet money.
Yep, my Reddit used dropped significantly after that. RIP Apollo.
Many may suggest nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak's The Bitcoin Standard as a top of funnel into Bitcoin; while Saif masterfully communicates the *economic* superiority of Bitcoin, nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a masterfully describes the technical shortfalls of our current money and juxtaposes it with the *technical* superiority of Bitcoin.
TL;DR - #bitcoin is superior.
nostr:note18v9edasgfqddctapz7k5e8zapzn9pqt7lp4203hrxd7hht6qj5tqpnv37x
I will argue this until I'm blue in the face, but giving the average person "The Bitcoin Standard" out of the gate is a sure fire way to make sure their eyes glaze over and they quickly move on.
People need gentle nudges and encouragement. They need small, digestible topics they can quickly sit with. I usually offer "The Little Bitcoin Book" or "Magic Internet Money" as the starter book for people. If they are liberal, I'll point them to "The Progressives Case for Bitcoin." If I know they have a good economics foundation, I now prefer "Broken Money" and then Saif's Bitcoin/Fiat Standards.
You've got to know your audience and attempt to meet them where they're at.
Yeah, I don't need this but I can see this being great for businesses that do not want to touch/hold Bitcoin. This alleviates having to do any additional accounting/reporting on their end.
Uh, this is impressive. #Bitcoin #Lightning settling in USD to a US bank account in about 10 seconds.
It's 100% needed. I was right there nodding in agreement, especially after several nostr devs went after Bitcoin maxis as if they've not been the niche bootstrapping and propping the whole thing up.
Nostr is far from a guarantee. Your normal retail user has no problems trading their metadata for "free" access to social media networks. If nostr clients/services need to monetize to survive, that is an uphill battle to buck user service expectations.
Considering most users crosspost across all of their socials, there really isn't no velvet rope theory in effect, either.
Check your relays. I used to have the same issue until I selected 6 of the bigger relays and they got infinitely better.
I love nostr:npub1jfujw6llhq7wuvu5detycdsq5v5yqf56sgrdq8wlgrryx2a2p09svwm0gx (member and listen to the weekly pod) but both will remain niche if the end user has to pay. It's one of the reasons why I've struck out recommending SN to folks at my local Bitcoin meetups.
Bitcoiners aside, normies are way too conditioned to get services for "free" and will gladly continue to give up their metadata in exchange for use. Hell, it's still difficult to get people to move between those free services.
Can't wait. Vitalik saying the quiet part out loud about defi yields was hilarious since that is the majority of the "volume" on that sumbitch.
Also love that any time something like that happens, ETH folks try to redirect talk to BTC and bringing up their greatest hits like the security budget, tail emissions, and other bullshit. They need stronger adderall apparently.
If you think you've exhausted all of the #Bitcoin pods out there, you may want to check out Onramp's Wake Up Call. You won't see the circuit regulars but rather "no name" #tradfi folks.
I've found it interesting because you get to see the thought process behind those that are now pushing it to their clients, how they are educating/training their RIAs, and the like. Also think it was a smart move by Onramp to attack LinkedIn.
Yep. BBSes --> UseNet/IRC --> Message Boards --> Social Media.
Us old heads were always trying the new shit first and paving the way. Ran BBSes when I was a teen in my local area -- used WWIV software. The real question may be did you ever slay the dragon in LORD?
It is easiest to use a custodial service like nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm and they will provide you with one.
Welcome! Was there a big event or person that gave you the final push to try it out?
Iโve been using #Nostr, on and off, since the nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 app was first launched as a test flight app. Iโve come and gone from Nostr, seeing a couple of upticks in momentum, which have then faded. This latest uptick in users and activity feels different. It feels as though weโre hitting new heights of adoption and use that wonโt fizzle out. Itโs up to all of us though to make that happen.
For my part, Iโm going to continue to allocate more of my time to communicating via Nostr as opposed to X, Facebook, etc โ which, yes, I will also continue to use for now. I hope others on here will do the same and we enter 2025 with exponential growth of Nostr use. Letโs go!
Spot on. It only works if people "like, comment, and subscribe" so to speak. One of the things that Nostr clients (and even the power users) do poorly is getting newcomers to feel like they aren't isolated.
They will just tell them to follow more people but if some of those follows don't interact, they will just head back to Twatter, Insta, etc. The big names need to get out of their cliques and help amplify small voices more.