For those of you that have read De Soto’s “The Mystery of Capital”
Today I found myself thinking about capital creation with content
It struck me how important Nostr is as a new technology, playing field, map, to adventure into
De Soto shows so well how private property rights are crucial to capital creation
He highlights the need for defined, accessible, and policed private property jurisdictions
His native Peru vs the US real estate markets are his comparison tools, which I really like
Essentially ex-communist and developing nations struggle to create capital due to poor management of private property rights
What if the same could be applied to traditional content platforms? I think it can…
Imagine building a shopping mall in a country that changes government, alters regulations, & steals your property
Capital erosion
The same can be applied to building a YT channel, IG account, or X following. You can get banned at any time for “abusing community guidelines”
Capital erosion
Point being, through the lens of De Soto, you need private property rights to be upheld to truly create, multiply, & preserve capital
Nostr is therefore the corner stone of a genuine digital capital creation strategy with content
What do you think?