Oddbean

I love this call out. 🤙 When I first found Nostr, I spent a lot of time thinking about monetization and the implications of an open protocol approach to the internet. The last 20 years has been built entirely on a model of captured network effects which drive monopolies and VCs who are happy with a 90%+ failure rate in their investments because they know that when these monopolies succeed, they end up owning an absurdly profitable and defensible business. It's my belief that Nostr is going to drive many much smaller, but still profitable and sustainable businesses. In a way, it'll be a return to a world dominated by small and medium businesses each serving their customers directly with product and services that those customers appreciate and pay for. Whatever the long-term outcome, I'm with you on the need for intense experimentation with pricing for most/all Nostr projects. We need to treat these as businesses, not just hobbies.

Exactly. A hobby network will not and cannot ever be adopted by the entire world. But a profitable ecosystem of network provision on top of a completely open protocol and a universal social graph you can take anywhere, will fucking destroy everything in it’s wake. I love the way we are building & love the community ethos, but I’m here to change the fucking world. 🔥🫡

One of the challenges with a hyper capitalist economy is that most content / production on a money forward basis returns to its cost of marginal production, which is zero for ideas (and wind energy and solar energy, etc.). How do you create a network that operates profitably if there is no defendable “moat?” This is why railroads are such a fascinating industry…the value of a single railroad from A-B can capture almost the entire value of the supply chain from A-B … a second railroad alongside A-B renders both almost totally worthless on a go-forward basis. Technology (compute) has this challenge … expensive to develop upfront and then the profitability is tied to the marginal cost of production on a go forward basis (low). Same with pharmaceuticals, same with commodities, etc. The Bit Block Boom relay I paid for went down recently … no idea why …

Agree that most tech does asymptote to marginal cost but that doesn’t mean that there aren’t moats. My guess is that brand is going to be become the most important driver of business success. In a world starving of attention signal cutting through the noise is all that will matter.

Mais un écosystème bien détaillé surtout explicité pour tout nouveau nostriche ne venant pas de la Tech mais a des idées pour créer ou apporter des solutions (sur le plan social, économique, professionel: sociologiquement parlant tout ce qui peut être utile et aidant à tout quidam sans oublier les différents contextes socioculturels...et tous enjeux de survie de chaque espèce avec notre environnement commun. ..voire plus ailleurs sur d'autres planètes vivables pour toute espèce

Guy je serais intéressée d'avoir un aperçu de votre vision pour changer le Monde, et pourquoi pas faire comme sur votre note voire des questions ouvertes qui permettent de bien mûrir vos approches

💯💯 Me too. It’s like that old Marc Andreessen trope about software eating eating the world. Nostr will eat the world but we have to find the new business models to power it. Ads… SaaS… ??…

Your view on this new way of competition and no 'winner takes all' has been on my mind a lot since our last call. I really couldn't have thought of this myself and still have difficulty wrapping my head around what it means for the future, and how we should anticipate this. It's contradicting so much of what I've learned last year in my studies. Good stuff!