Oddbean new post about | logout
 I am thinking through the idea that The nsec (or very well put “secret” as you say) is property itself. It’s a key to the audience, or reach, or attention, that has been built over time, by the owner. 

You own it until you give it away, sell it, or are hacked & have it stolen. But critically it’s not possible to debase it ok the back-end (you can’t be cancelled)

I believe there will be a flourishing market for nsec re-sales in the futur, as ofc the need to communicate with certain engaged sub-groups of people will exist 

Critically, unlike when buying an IG account etc, the new owner wil know that they can not have it taken away. Similar to an email address, but given how the Nostr app ecosystem is developing, 10x more valuable (eg you can’t send btc via email)

Very happy to be proven wrong. But really enjoying where this thought process is taking me 
 It makes sense. It would be very interesting indeed to see how it plays out. 💪👏👌 
 To @Brisket point re “social capital” 

I believe capital comes in many forms, the 3 major areas being 

- financial 
- skill
- relationship (social)

Investing into a Nostr account with your time, energy, and money, has the potential to have an roi in all 3 

- financial - you can sell products and services to an audience that you build
- skill - by focusing your attention on Nostr it’s inevitable that you develop a new skill set (& given we’re so early it’ll be relatively rare globally)
- relationship - given one is able to interact in public digitally and in a trusted manner, as you only have access to the nsec, as discuss, there’s huge scope to build fruitful friendships (think “play long-term games with long-term people)

As always lots to think through! But from a capital creation perspective, we’re only just scratching the surface of what it means to own your identity, data and audience online