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.
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I have been thinking about this all morning.
What brought you here? What keeps you coming back? Do you have incentive to invest into those things? Do you hope for financial gain by participating here? How does one define value?
Genuinely curious.... many hurdles to be cleared, obviously.
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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.
Imagine when that 50 cents is worth 100 USD!
I'm n*t s*re how e**ective it will be wh*n this it wh*t tw**ts have to l**k like in order to fo**ow the r*les for m*nestization.
Yup. Gotta curb the nerd pride and build bridges for normal people. Otherwise this risks becoming a big circle jerk.
You mean it risks never unbecoming a big circle jerk.
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.
Seems like a distorted UBI. Maybe it can be sustainable, if they have support from the money printer
Last bull cycle they didnβt raise the interests cause they wanted the market to rally with bitcoin, they failed hard, now they must have something else to which people shall stick in order for the market to suck all the value that can be syphoned
We are all busy living our lives
you're right but it's still just the Blockfi of content.
Elon will be tough to compete with, but open networks will win in the end.
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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 lotβ¦
Maybe this time itβs different here and Iβm still really early?
One question:
Are all βNostrβ platforms connected or how exactly does this work? π
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.
Could you also go a little more in detail on the numbers on that? π
welcome back to reality (unfortunately)
A donation based system will obviously never be able to compete for professional or hobbyist content creators. Nostr needs protocols for some kind of paywalled content.
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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.
