Thread

Move Fast & Break Things are what VC backed shitcoin platforms do.

If there's no freedom like on nostr, sooner or later they collapse

Fair play for trying to make something even shitter than Facebook.

I don't worry about this at all, they gonna rug pull all the users and run out with their "ethereum treasury"

Take a 10-year investment of $150M. If you put on the S&P, you get 325M after 10 years with "no risk". If you put on Bitcoin, you get 1B back with wide swings. But in both, you do nothing. OR give it to a start up that can lose everything and return ZERO back. Question: How much should you expect the startup to return to you to be worth that type of risk? $10B? That's 10B just for your share of the company. If you take a 25% share, the company should get be worth $40B. How much profit does the company have to have to be worth $40B? For comparison, Snap is worth $25B with 5B in advertising revenue from 350m users. If you don't like ads, $5B in subscription revenue requires $1/mo for 350m PAID users. Can this company get 350m PAID users?

Sure, but we don't need shitcoins to do it.

I would absolutely love to see a talk about Nostr vs Farcaster vs Mastadon vs ?? submitted to the agenda for #NostRiga Anyone feel up to it?

GitHub

nostrworld/nostriga

Contribute to nostrworld/nostriga development by creating an account on GitHub.

Let them sprint. We’re here a for marathon.

We'll move slower, but we'll be better off in the long run because we aren't tied to scammy centralized tokens.

And they will piss it all away. More vaporware.

Those funds are highly centralizing. Farcaster is not decentralized and so it is not competing with nostr. Like all Eth shitcoinery, it's decentralization theatre, and rug pulls are the exist strategy.

slow and steady

First it's asking me for a email account and now it's asking me for 5 dollar to finish setting up an account. I don't think this is anything like Nostr so no need to compete.

Willing to bank on the fact that farcaster wont be around by the next cycle

should we get ready for another shit coin chart? 😂

There's place for both. The people on Farcaster are so much different from the people on Nostr. I'm on both (and Mastodon and Bluesky), so I don't know what that makes me.

Yeahnah 🐢 #build