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Sasker
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AI toolmaker | Co-founder @Gen8 | Drums Reminder to self: the natural state of the free market is deflationary.

Is there any attempts on one-way operability? Most people merely lurk social media which would make one way content mirrors on #Nostr very helpful. If we can just get them their favorite content (one way) it massively decreases the friction.

(I am a newb thus target audience and I want this 🤘)

One step further, we make the beds of content creators that can claim their accounts already filled with all their content.

You could go by niche and see which niches are easiest to seduce. At

Let's say you would take a personal loan for 10 years at 7% interest. The payment each month is 10% of your monthly income. Your cost of living is 30% of your monthly income. You buy #BTC with the loan.

How would you get wrecked? And how would you defend yourself against it and/or optimise the amount of #BTC you acquire?

Leverage always looked risky to me, I want to know what that risk looks like.

#hodl #asknostr

Can I zap someone from a Primal client to a 'Damus user'?

#asknostr

Replying to Avatar Lyn Alden

I don't disagree, but for context there is very little capital in Nostr.

That came up in a public interview this week. Paul Barron asked me about Nostr on his 450k subscriber altcoin channel, pointed out Nostr's sideways user statistics, and then pointed to Farcaster's greater growth. I pushed back by highlighting that Farcaster raised an order of magnitude more capital ($150 million), and that Nostr is mostly funded from donations and has hardly any VC-funded companies, and even those few only to a limited extent. We've seen this in the crypto space before where they outraise bitcoin-only companies by one or two orders of magnitude but then eventually run out of steam because there's a weaker foundation there.

So, virtually all of the Nostr comms are organic, rather than funded by a marketing budget. It's because individuals are excited about it.

Larger-scale comms, GTM, and operational excellence require capital.

The bootstrapping phase has been super strong and organic from developers' own hardcore time capital, and we have the initial seeds of monetary capital in the space, largely thanks to Jack and then also the HRF and some from bitcoin-focused VCs.

So I expect that we'll see some of those pivots once this current bootstrapping phase bears more fruit in the coming months with the development stuff they've built, with more opportunities to raise capital and have Nostr-focused companies with like, an actual marketing budget.

I don't think we should be complacent, but rather I think we're progressing to the next step in a good position, from which we must then build upon.

nostr:npub1m874t8fs0l0hnk033sa5a09yvesvpgwstcdgzf5ln3n2xw8xzgpqhmv3lk some insight into these social apps we were just discussing

GN from Medellin

Yah, noticing that. I find it extra fun because there’s a super high concentration of people I want to read and connect with here.

I think we shouldn’t get angry when you/we succeed in making this normie land. I hope we can build a little citadel though. Just had to grab something from my instagram account and DANG the mental vomit that’s on there… I’m not looking forward to that here 😂

Until all that I’m going to enjoy the heck out of this.

Sir, excuse me. Didn’t see the show more, almost wrote a better reply and got distracted. Thanks for replying. Being anti is definitely not going to get us what we want.

As a nostr-newb, non dev, though ‘bitcoiner’ I can share the first needs and thought I had.

Port the X posts/acc’s of the people I want to see the posts of. We could do this somewhat ‘en masse’.

Strategically choose the accs you want to do first, automate porting over every post from them.

After seeing your post I think we relieve much friction of just deleting X. And we make the beds for the owners of those accounts.

Send them a message with “in case you get banned and lose all your content (and followers) we made you a backup”.

Hopefully those people convert to actually using it when they see what’s possible.

Still competing with X there but in a better way.

Plenty of questions I have on feasibility but this is a need I had as an early user.

Why Nostr is struggling…

There is too much of an overlap with X, not only in the feature sets among the primary applications, but more importantly, in the kind of audience that Nostr is catering to.

Sure..censorship resistance at the protocol level is a differentiator, but the to the average person, you may as well be talking gibberish. They don’t know wtf a protocol is in the first place - let alone why it matters for censorship resistance to happen at that level, or more importantly, WHY they should trust Nostr to deliver on that promise. “Bcoz nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m said so” is not an argument.

————

Bluesky is a case in point here.

It’s got a VERY similar feature set to X, claims to be open source / censorship resistant (similar narrative to Nostr), and is growing MUCH faster than Nostr, bc it has captured a key audience, ie; people with TDS and EDS (Elon Derangement Syndrome).

https://www.reuters.com/world/uk/bluesky-signups-surge-uk-amid-musks-row-with-government-over-riots-2024-08-13/?

I’ve been on there a few times, and the content quality is enough to make you want to throw up….but at the very least, it’s working for that kind of content, and for the people who want it.

I don’t have a direct answer here..but I think it’s something to do with the over-emphasis on technicals.

nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 mentioned increasing the emphasis on design the other day. I agree this is a move in the right direction. We’re taking a very design-focused approach with nostr:npub15xd2mmjnh3caykh77djsv73e0zkrp42jp5mwerx8f4m6su40wdvss7t3l3 (we’ll have ALOT more to show in the next 6wks).

That being said, it’s not enough.

IMO, Nostr is technically mature enough for us to go out there and talk about it to more people, and build a narrative BEYOND the 500 of us that are talking to each other on here.

People like nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft or nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc can correct me if I am wrong here. Maybe there’s alot more to do technically.

But if I am right, I’d like to see more initiatives that are marketing oriented being supported by nostr:npub17xvf49kht23cddxgw92rvfktkd3vqvjgkgsdexh9847wl0927tqsrhc9as and nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f and other coalitions. Maybe we even need a council of Nostr businesses, who together pool some funds to help drive some marketing initiatives?

Whatever the case, we need to expand upon the Nostr narrative, make it more compelling and speak to more people about it.

At the very least, we have to conquer then Bitcoiners. If we can’t get the segment who are into freedom money onto the freedom of speech network, we’re DOA. That’s a first step.

I know nostr:npub1hz5alqscpp8yjrvgsdp2n4ygkl8slvstrgvmjca7e45w6644ew7sewtysa is working on a very cool initiative in relation to this. The Nostr Booth is IMO a great way to make Nostr more “real” for bitcoiners by having a physical presence at all the conferences.

I know nostr:npub1utx00neqgqln72j22kej3ux7803c2k986henvvha4thuwfkper4s7r50e8 + nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 are doing some Podcast outreach. That’s super important too. nostr:npub16vrkgd28wq6n0h77lqgu8h4fdu0eapxgyj0zqq6ngfvjf2vs3nuq5mp2va and crew are putting on Nostriga. Amazing. nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr / nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg are doing great things with nostr:npub1spdnfacgsd7lk0nlqkq443tkq4jx9z6c6ksvaquuewmw7d3qltpslcq6j7, etc on the content side. I’ve got some things up my sleeve personally which I will begin to do once nostr:npub15xd2mmjnh3caykh77djsv73e0zkrp42jp5mwerx8f4m6su40wdvss7t3l3 is in a position to represent a NEW kind of Nostr-product..

But we need MOAR..

And…we also need to find another angle that is NOT about censorship resistance. That’s clearly not working against X.

I don’t know the EXACT narrative or spin, but it has to be more “running towards” than “running from”.

More white pill, less black pill.

Anyway.

I will probably turn this into an article. I’ve been thinking more and more about “writing in public” as we build Satlantis, and sharing more about how we’re thinking about growing a “network product” on top of a “network protocol”.

If you think this was valuable, please repoast so more people can see and get involved in the discussion.

What do you mean with struggle? Is it just that its taking time for adoption? Or is it more the capitalization of devs? From a distance it looks quite fast if I see what’s developed and used. Could easily be wrong 😇

Ah check! Need to get more informed on that plumbing

A! Good to know, makes total sense of course. I guess we’re going to some form of premium services and/or direct payment of transfer fees at some point. But hell, don’t mind paying some for this. Honestly, Nostr is blowing my mind

Do I understand correctly there’s 0 transaction fees on zaps?🫢

#asknostr

I expected the whole image generation with little constraints to drop after the elections but I guess X had other plans 😅 these upcoming will be something to witness man..

I’ll ignore it for the most part but waow - feels like the water receding before the surge

Where on my primal interface do I find my Sats balance? :>

#asknostr

This is amazing Marko - great way to pull me further down this rabbit hole... Already deleted all the draining socials from my phone couple days ago.

This makes it even more fun.

Just tried sending some sats from my lightning wallet to sasker@primal.net.

It has LNURL functionality for sending and I've really tried not to waste your time here. But I can't seem to find a balance on Primal nor can I zap your post yet.

If you can point me anywhere to find an answer, happy to dig.

Regardless - thanks for the personal effort man. Much appreciated!

This will be an arms race. That 99% isn’t static.

Nothing worthwhile comes from thinking at all. It comes from action.

GM!

I’ll show myself out now 😜

Funnily enough I really didn’t like classical music. Now somehow I do.

My hypthesis is my dad was a massive fan. I detested him blasting it from the speakers where people in school could hear this very uncool music. Now it makes me feel calm and at home 😂. Well played dad..