Oddbean new post about login | logout Do you think economic incentices are the only way forward with the Nostr? It would definitely speed up things, but I see that many people have started only for the freedom inventives and to build something they themselves want to use 🤔
And you also see that most of them eventually gave up offering it to others.
Why? Maybe they found out that somebody else have also been doing good job for the same cause and didn't wanted to waste their time to do dublicate work 🤔 I see new Nostr development and ideas popping up almost every day and people are still developing their own clients and relays even though we already have dozens of awesome of them! But of course everything would be faster if there were more economic incentives. I think people forgets that we're still very early and developing open source protocols takes a lot of time.
They give it up because it's hard work for free and they can get paid to do other hard work. Pay closer attention. You are missing the signal.
I try to, but some much is happening everywhere in the Nostr at same time, so I can't keep up with everything. Lower your time preference, you're rushing things.
LOL Last week the complaint was that my time preference is too low. This week, too high. Must be just right.
😄 I think we're both right in a sense. I've developed my own client and still developing it once in a while, but since Amethyst is so much better, I use it. Maybe if I see Amethyst going rogue and there were no other good clients, it would speed up my development. On on the other hand, I would not want to get paid for it, if it means that I would've to introduce features I don't like 🤔
That's the different between a business and a hobby.
Right, but social media doesn't have to be business for every one.
Sir, this isn't just about your tweets.
I know, it's about notes and other stuff. Many awesome things have developed without business support like bitcoin, lightning, pgp, first computer, printing press etc. I believe that the Nostr will not be much different, and when aligning something with only economic incentives, it will be shown in the end product. But I want to emphasize that I support for providing economic support for open source products for many reasons.
People will do this, for a while, haphazardly, as a hobby. A business operates reliably and has a service that is widely-available, like the wine relay, cloudfodder, or nostr.build. That is really tricky, on Nostr, unless you get big grants, at least, at first. The grant-funded freeware can always undercut the competition. They don't have to be better, so long as they are for free. But this means that the grant-givers get to decide which businesses there will be, and which ones there will not be.
Yes. Humans can not/should not live alone. If everyone built things for themselves, humanity would be so far behind. If I cook, you build stoves, someone farms, someone builds houses and someone generates energy. But if we expected a farmer to give out his yield for free, would he do that? A farmer's goal is to farm as much as possible, sell his crops, build a house, buy a stove and hire a cook. That's why, someone who is building a Nostr client needs to hire a frontend developer, a product manager, a designer and a quality assurance person. We need all these to succeed. Without a clear business model, we can't do anything of these things. I would say economic incentives are the biggest missing thing in Nostr. Donations don't scale well. It also misaligns incentives.
Agree. I like giving out grants and donating, but it's a very startup-y model. At some point, you should have paying customers, or you never achieve a broad, diverse market driven by customer needs.
Yep. And if your company has paying customers, you might have surplus. Who keeps the surplus? You need owners who build this machine. The surplus should go out as dividends. The owners can be the employees who built or the angels who funded it. This ownership needs to exist somewhere, not on NYSE but onchain. It feels like we are ignoring the very thing that brought humanity to where we are right now. Companies and ownership. The state is the culprit for inflating our money. The companies never did anything wrong. Why are we against companies? Can someone tag Jack?
@npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m I'm curious why you against companies owned by their builders.
Why Financial Regulations? Security and tech part is hard for sure. We were discussing a different problem related to building companies the other day. nostr:nevent1qqstnpv2u5swe3uzl7r4g8sgqh4u8907ed9xncy2cqhsgnsw9kkmg8qpz3mhxue69uhkummnw3ezummcw3ezuer9wcpzpwe42kl97st2z7kzp59s0k83fvgnwyuaxwjvr4htfyumx2rknpfzqvzqqqqqqy0ws8k6