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ODELL | 14 days ago (raw) | export | reply | flag +241 -1
 THE MOST ACTIONABLE WAY TO PREVENT SLAVE TECH DYSTOPIA IS TO FOCUS A SHIT TON OF MONEY AND SUPPORT ON OPEN SOURCE CONTRIBUTORS. THEN USE AND PROMOTE THE TOOLS THEY BUILD.

OPENSATS IS ATTEMPTING TO DO THIS AT A SCALE AND EFFICIENCY NEVER ATTEMPTED BEFORE.

GOOD MORNING. 🫡 
 GM☕️ 
 GM, BROTHER. 🫡 
 gm☕️☺️☀️
THIS IS NOT A DRILL 
 DO THEY ISSUE GRANTS TO DEVELOPER? 
 YES. WE CURRENTLY HAVE 130 GRANTS OUTSTANDING. MOST PAID MONTHLY.

https://opensats.org/apply 
 AMAZING! CAN OPENSATS PLEASE GIVE A GRANT TO @verbiricha SO CONTENT CREATORS SUCH AS MYSELF CAN LINK AN EMOJI(THAT WE CUSTOM CREATE) TO AN ARTICLE OR LINK.

CAN OPENSATS DO SOMETHING?

nostr:nevent1qqsyqu6097lfjf6f24jt2uw0v4pnavwq0uncc8m9y7m8gtrffsspckspg3mhxw309ahx7um5wfkxzmnyxfnkgaehvuehjdehvd6xvar0wemxjmphxem8zatfwpuk6mehw3ekxarv0pcxjamtdejhv7nxd9jzummwd9hkutczyq7fsjfc80023qash5t0ans76dkn0cmumh3uusa306jwjxfwcyfgjqcyqqqqqqg6ne02f 
 @Onigirl I’ve applied for an OpenSats grant to fund my onboarding client. If they grant this, our client will have a space to highlight content creators like your self (of AMAZING Nostr tutorials) and to “share” your creative content with new friends. 

Social Onboarding will ROCK Nostr.  
 GM 🫡 bullish on bitcoin builders 
 GOOD MORNING ODELL 🌞 
 GOOD MORNING 🫡 
 GOOD MORNING. STAY HUMBLE AND STACK ZAPS 
 You are absolutely right. Things won’t fix themselves. Good morning 🌅 
 CORRECT 💯🫡 
 Working on this! 💪 
 I am making a “social onboarding” client because “friends inviting friends” to Nostr will NOT ONLY strengthen our webs of trust but IS ALSO pretty straightforward to incentivize and measure for success. 

nostrmeet.me

This is a model that future onboarding clients can adopt AND possibly a service which Nostr adjacent businesses might benefit from sponsoring. I’m counting on OpenSats to see this vision with me and get us over the “hurdle” of first target release. 

I applied 5 weeks ago…. and am pumped for a summer full of hard work. LFG 
 Onboarding is hard 
 SOCIAL ONBOARDING WILL HELP NOSTR ADVOCATES TO SUPPORT EACH OTHER. 
 GM ,Sir 🫡 
 GM 🫡 
 GM! Will help you with focus in Nashville next week—will try to get your attention. 
 Fantastic work Sir and loving Mandibles!halfway through 
 Gm 
 🫡 
 🫡 
 Is open sats planning to fund knots devs anytime soon? As you know some of the core devs may have been compromised and they seem to be showing subtle support for spam (sorry scam) on #bitcoin. 

Would also be nice if you talk more about knots vs bitcoin core difference to your audience. I have seen a lot of people who are not in support of spam but they just don't know how to disincentivize this behaviour. 

 
 Would love to hear from Matt about this 
 HAVE SPOKEN TO LUKE AT LENGTH ABOUT THIS. WE ARE ALIGNED. HE IS GOING TO SEND ANY DEVS THAT NEED SUPPORT TO APPLY WITH US.

https://opensats.org/apply 
 The hypocrisy has to stop

By running both a VC fund (1031) and Open Sats a 501c you create a bias. You can’t have a fiduciary responsibility to your investors and allocate to FOSS devs without a bias no matter how you structure these entities. 

Let me paint scenario where an open source dev is looking to make a 1031 funded company obsolete, would open sats fund it? I have a hard time believing open sats would especially since Odell would be liable for damages for breaking his fiduciary responsibility. 
 
The biggest problem is that Open sats doesn’t fund anonymous developers. That means if Satoshi had come to Open Sats for funding he would have been denied. 

Open Sats would be better off creating a list of devs / projects for people to zap / crowdfund instead of being a middleman.

I already know -oUr dOnOrS need tax deductions. 

Say it out loud then

The entire existence of open sats is to give donors tax breaks and KYC devs. 

cool got it 
 Down boy, pretty sure Satoshi self-funded. Do you equate anonymous with unknown and without development success? Recognized talent draws benefactors, benefactors don’t produce talent. 
 Satoshi had several funders supporting his work according to his email correspondence 
 This is the whole point of Nonprofit organizations in traditional finance, why would we think it'd be any different with Bitcoin?  501c's shouldn't even exist.  Because there should be no taxes.  
 Thanks for the thoughts on this! Something, I will to to consider.  
 Let me lay out a little on how governance works inside organisations and companies:

Fiduciary duty is just one of the many obligations an office holder has and is not and should not over ride all others. The Milton Friedman school of extreme capitalism that espouses prioritising shareholder returns above all other factors has a large part to play in why public capital markets today are so utterly f’d up

Okay, so what are the priorities then?

Mission
Why does the organisation exist and what is it here for; OpenSats, Brink and HRF all have clear mission statements. Mission is first and foremost

People
Attract and nurture the people aligned to your mission who have the skills and talents you don’t, because they are the ones *who help deliver on the mission *

Profit
In a for-profit venture like a company, you need to get to cash flow positive in order to become master or mistress of your own destiny - as a founder you therefore carefully choose investors who buy into your mission

Ten31, EgoDeath, Recursive, Stillmark,  Lightning Ventures etc etc are all Bitcoin only as a core part of their mission and consequently align investment with founders and projects those mission aligns with theirs

Further, it’s also why investors (not just VC forms) want to meet founders and understand what makes them tick; early stage investing is about investing in the people who, just maybe, can bring the vision to life. In the process of doing that they may generate a return for the investors .. but it’s clearly:
1. Mission
2. People
3. Profit

A key point to make in all of these types of organisations is that choices are made carefully because demands for funding (grant requests or startup funding) always vastly outstrips available supply .. and these decisions are not made by individuals but collaboratively

If you’ve primarily worked alone you won’t perhaps appreciate the value that a breadth of perspectives brings to hard decisions. I’ve looked at the board makeup of OpenSats and Ten31 and EgoDeath and i don’t see a single individual in there who’s a “yes” person; smart, brutally objective and unafraid to be combative with pretty much anyone

As you say though - there are other ways to try and the open source funding space would benefit you from creating those too .. get to it 💪 
 based 
 GM. FUCK THIS DYSTOPIA. OPEN SOURCE FOR YHE WIN. 
 GM  
 Bien 👏 gm Odell ☕✨ 
 There's no way back now, nostr or nothing 
 Or just buy #bitcoin 
 Good morning. This is why I donate every year. 
 🫡 
 GM! THANK YOU FOR CONSTANTLY REPEATING!🫡 
 When CD titled: "bitcoin dev funds creating KYC lists of bitcoin developers" following on CD51? 
 Support @Seedsigner project! 
 ALL CAPS BOBO - IM IN !! 🫡 
 MAKE COLDCARD OPEN SOURCE AGAIN 
 Dont give that guy your money he doesn't deserve it.  
 It is... 
https://github.com/Coldcard 
 It's not my man, hope you understand that it's not a controversial statement.

It simply is not open source.  
 This is how I feel about letting people say a viewable source code is the same as open source software.

Open = open to use, full stop.

https://redmonk.com/sogrady/2018/09/10/tragedy-of-the-commons-clause/ 
 OpenSats should openly disclose that they KYC devs so that people know how their donations will be deployed and devs know if they should bother with applying.

After the verdict from the Netherlands it's crazy to promote an idea of KYCing devs. It's like giving them a carrot to compromise their pseudonymity.

It's sad Matt that since OpenSats started you stopped promoting https://bitcoindevlist.com/ which is much better initiative as it's direct (p2p) funding without KYC. 

It's even better to simply encourage donating towards maintenance/development of the tools you use or would like to see being delivered, without any centralised lists. 
 We will fix this 
 NO KYC PLEASE 
 GM. SHSS 🫡 
 we need more like opensats . they could support me for day 2 bootcamp. out there slave tech dystopia everything is costly too  -  and i dont think they pay employees well either 
 KYC is the new 6102

https://m.primal.net/IgTf.png  
 No caps...😂 
 🫡

Beside supporting open source, is it available what tools you use for this? 
 and yet you're not funding my bullshit, curious

/s 
 some tradeoffs suck 
 do what we gotta do 
 Is anybody working on privacy-focused FOSS for automobiles?

Are there any devs on Nostr that have worked in the automotive industry? 
 Just buy an old truck. 
 Luddite 
 Nah I just know it's valuable to have one. 
 I won’t disagree with that point, however it’s not a solution to the problem 
 Let's go. 🤟 
 GM 🫡🎯 
 LOVE IT. WHERE CAN I READ STATS ON THIS ATTEMPT? 
 pride month 
 fair questions + solid answers = good debate. that's why i love nostr. peace! 
 then its time to operate outside of the US.