What is Nostr?
pippellia
npub176p…vgup
2024-11-25 12:45:51

pippellia on Nostr: Well said. However I think the lack of real business models is the primary reason why ...

Well said. However I think the lack of real business models is the primary reason why most bitcoin and nostr projects will fail.

One cannot just try to make a great experience and hope to monetize it later. Not without endless VC money, and rarely even with it.

A great way is solving *painful* problems, and charge for it.

Awesome. I'm happy for Tony and appreciate his insights. I think he's right about how the things that motivate idealists are not the things that motivate the market. The same sort of risk exists in nostr too. If we want either project to matter, we have to grow up and solve the problems that our real users are feeling. This is super hard, because decentralized technology is way harder to get right than centralized technology, and compromises often have to be made along the way.
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