Thread

So I tested the twitter revenue thing, boy that's gonna help them. Doesn't mater how we feel about it, they are building the sticky incentives. It actually pays relatively much more than I thought, for doing nothing you wouldn't already done. That's magic for ppl. Which brings me back to economically meaning zaps. Zapping a beer counts, zapping sub dust limit won't attract the normies. The competition and the normies are not morally aligned with us. Ppl are busy living their lives.

Replies (59)

everyone has different styles and amounts for zapping. for example, maybe i zap 21 sats as a like. maybe if i really like something, i'll zap 000. if it's great content or something like that then ill do 10,000 sats. absolutely amazing content, 100K sats. we don't always have to zap "dust" as you said. it just depends on the type of content that you're zapping. either way, it all adds up.
the difference is on nostr, the payouts are organic, from user to user, on twitter it's ad revenue shared right? so those advertisers can go somewhere else if they start disagreeing with Elon, leaving the platform without revenue to share. At that point, the revenue model of nostr will be far more resilient. Also, advertisers have a long history of pulling out of controversies and opinions that directly threaten their business.
Elon is buying out influencers, via rewarding them through a black box. He can basically push or mute whatever exposure he likes through this program, just by paying thoughts leaders more, or less. As you mentioned, it’s like magic, and whether we like it or not, it’s not something we can compete against on nostr. We’re not going to outbid the Fiat Rankings Leader for exposure just yet, especially while there is still no clear path to fairly pay clients builders and relay operators. I see nostr as a very long term solution (10+ years) to keep true free speech alive, short term think we should just focus on UX and education instead while nostr stays up as a life raft in case of global social media platform shutdown.
πŸ’­ SueΓ±o con el dΓ­a en que la pregunta de ΒΏcuΓ‘nto vale un Sat/Bitcoin? Sea irrelevante. πŸͺ™SueΓ±o con el dΓ­a en que la respuesta sea 1 Sat vale 1 Sat, 1 Bitcoin vale 1 Bitcoin. 🫰🏻Sin embargo, mientras ese dΓ­a llega, hay que tomar en cuenta estas cosas. #BTC #Plebs #Plebchain #Nostr #Hispano #EspaΓ±ol #EducaciΓ³n #Education View quoted note β†’
The math checks out for small zaps being more rewarding than an impression, do you know what amount you are getting per impression of Twitter content advertisement? So you're basically saying, they got us good because they have 1000x the userbase.. correct. I don't think zap shaming people to pay 1000x to make up for it is gonna get us there.
↩ replying to DETERMINISTIC OPTIMISM 🌞
I tested out onboarding from snort and from amethyst just for fun .. ya it's pretty rough. If I was nostr CEO I'd be stealing twitter and reddits content to fake boost our user counts and fixing onboarding. Which is pretty much how all social media starts. Even Facebook stole email user lists to get started. So far nostr isn't doing anything like this..
↩ replying to npub1nmr6...yha8
my close friends don't care what they use to contact me for example so I tell them to use simplex and they download it and use it, that's great. but oh my god trying to convince family members is so much harder than it needs to beπŸ˜‚most of myfamilyy live in 3rd world countries and use apps like WhatsApp, its what they're used to and they don't care about privacy. I'm using chat apps as an example but I think the idea is the same, the privacy focused alternatives need to get BETTER than the competition. I think this is the only way mass adoption will occur, using privacy, anti censorship etc as a selling point will not work for the masses
Facts. - People will resist paying for things they’ve always gotten for free. - The general populace does not care about censorship resistance. - The general populace does not believe they’ve lost their right to free speech. - Advertising revenue has taught people that their simple presence on a platform provides value, which is not true on Nostr. The incentives are not there. People are not going to be willing to put the effort into learning a more complex app, lose their perception of power and value, and reverse the economic flow of being paid to use a free service to paying to use a service - UNTIL they are targeted to censorship, have their free money taken away, etc. Nostr is a place for social media refugees right now. The people here have been incentivized by loss and given cause to value their sovereignty and independence. Right now the majority of them are willing to do so at a loss.
Zaps are fun but for normies fiat rules unless zaps allow them to avoid disclosing their full income. So fiat wins but taxes win out. In other words the service where you can earn the most and pay the least amount of taxes wins. I think building apps that high utility, style and UI prowess is where to focus in the near term. Make nostr based apis much easier to use for main streamers. The economic models for success will be unique to each nostr use case. Nostr Twitter is a POC for the potential for nostr not the finished product bc there will be many.
Yep, provided they keep the same payouts which I have doubts considering I've seen some blue checks that are just shitposters getting $50-80/month. No way that is sustainable. IMO, people will not leave Twitter for an alternative until the important figureheads for their favorite topics are here. Sports, for example. My suggestion is building something akin to a Hootsuite where you can post to Twitter and Nostr simultaneously.
I was never really able to get a big enough following base in the popular SM, as i was probably always too late to the party and then you have to compete with bots a lot… Maybe this time itβ€˜s different here and Iβ€˜m still really early? One question: Are all β€žNostrβ€œ platforms connected or how exactly does this work? πŸ˜„
↩ replying to Mr IX
Nostr is the network. It is the same for all. There are different clients (apps), that all connect to the nostr network. There are nodes. Nodes save what is in the netwotk posted. So nodes save your messages. Mostly your mesages will be posted and saved on different nodes. The admins of nodes decide who and what can be posted on them. Some nodez offere it as a service and you can pay them. You can also set up a node only for you, so your mezsages are allways saved.
Don't forget payouts from Twitter or YouTube come from ads and subscriptions. Are you looking to build an influencer and advertiser market matching system? I personally don't care. I personally would rather no influencers at all. Just normal people talking to other normal people. You do what you want though. Just pointing out what would need to be done if you really wanted that.