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Svetski | 3 months ago (raw) | root | parent | reply | flag +4 
 I’ve noticed as much in your writing. Which is a big part of why it appeals to more than just Bitcoiners.

And yep - I’m also optimistic wrt roadmaps. Step 2 is we all have to execute on the roadmaps. But step 3 still remains: viable go to market approaches that are more & more compelling.

Of all the pillars of network growth, I think comms is still the weakest.

1. Tech is great.
2. Design, and there “Product” is catching up.

The areas of weakness:
3. Comms / Go to market.
4. operational excellence. 

We’re going in the right direction for sure, and the correct order of operations.

At the end of the day, I’m just pointing out that the next peak is going to require a new / different focus.
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LynAlden | 3 months ago (raw) | root | parent | reply | flag +16 
 I don't disagree, but for context there is very little capital in Nostr.

That came up in a public interview this week. Paul Barron asked me about Nostr on his 450k subscriber altcoin channel, pointed out Nostr's sideways user statistics, and then pointed to Farcaster's greater growth. I pushed back by highlighting that Farcaster raised an order of magnitude more capital ($150 million), and that Nostr is mostly funded from donations  and has hardly any VC-funded companies, and even those few only to a limited extent. We've seen this in the crypto space before where they outraise bitcoin-only companies by one or two orders of magnitude but then eventually run out of steam because there's a weaker foundation there.

So, virtually all of the Nostr comms are organic, rather than funded by a marketing budget. It's because individuals are excited about it. 

Larger-scale comms, GTM, and operational excellence require capital.

The bootstrapping phase has been super strong and organic from developers' own hardcore time capital, and we have the initial seeds of monetary capital in the space, largely thanks to Jack and then also the HRF and some from bitcoin-focused VCs.

So I expect that we'll see some of those pivots once this current bootstrapping phase bears more fruit in the coming months with the development stuff they've built, with more opportunities to raise capital and have Nostr-focused companies with like, an actual marketing budget.

I don't think we should be complacent, but rather I think we're progressing to the next step in a good position, from which we must then build upon.
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sasker | 3 months ago (raw) | root | parent | reply | flag 
 @schaap some insight into these social apps we were just discussing