Stu on Nostr: Multiplier effects of nostr 1). Instant user base. Any client, existing or new, can ...
Multiplier effects of nostr
1). Instant user base. Any client, existing or new, can immediately access the entire nostr audience. If there are 50 million people using nostr and you build a new client, then your client will connect to 50 million people on day 1. No other app can do this without nostr so why would anyone ever build without nostr ever again?
2). Cross platforming. Any client can send or receive or share data with any other client. No matter what your client is you can send a message to anyone on any other client. This is like using TikTok to post comments under a YouTube video or using Snapchat to post on Insta or using WhatsApp to Tweet. Everything is 100% cross platform, you can log into any client and see ALL of your data / content all in one place. No more walled gardens.
3). Built in money. Many nostr clients have already integrated the Lightning Network which allows frictionless financial transactions based on Bitcoin. This is a game changer, it means anyone can send small (or large) amounts of money to anyone without having to navigate lots of 3rd party accounts and permissions, connecting to banks crawling through a payment tunnel. Lighting allows transactions as small as $0.0002. These nano transactions can be used to pay content creators tiny sims for tiny things such as a view.
4). Censorship proof. There is no nostr Inc, nobody controls this network there is no central party either trying to ban people or taking a skim for connecting. You can post whatever you want on nostr and nobody has the jurisdiction over the whole network to block your content. You don’t have to worry about sucking up to the platform provider for fear of being deplatformed and potentially losing your livelihood.
5). Open Source. Anyone can come over to nostr and start building things. Everything is new so this is the ground floor of a major gold rush. It should be obvious that these multiplier effects stack up to offer something much more powerful than the existing social media / internet landscape. People are building things right now that are going to be enormous services in the future. The door is wide open there are no barriers to entry and the bar of difficulty is low.
2023 is going to be 🔥 🔥
1). Instant user base. Any client, existing or new, can immediately access the entire nostr audience. If there are 50 million people using nostr and you build a new client, then your client will connect to 50 million people on day 1. No other app can do this without nostr so why would anyone ever build without nostr ever again?
2). Cross platforming. Any client can send or receive or share data with any other client. No matter what your client is you can send a message to anyone on any other client. This is like using TikTok to post comments under a YouTube video or using Snapchat to post on Insta or using WhatsApp to Tweet. Everything is 100% cross platform, you can log into any client and see ALL of your data / content all in one place. No more walled gardens.
3). Built in money. Many nostr clients have already integrated the Lightning Network which allows frictionless financial transactions based on Bitcoin. This is a game changer, it means anyone can send small (or large) amounts of money to anyone without having to navigate lots of 3rd party accounts and permissions, connecting to banks crawling through a payment tunnel. Lighting allows transactions as small as $0.0002. These nano transactions can be used to pay content creators tiny sims for tiny things such as a view.
4). Censorship proof. There is no nostr Inc, nobody controls this network there is no central party either trying to ban people or taking a skim for connecting. You can post whatever you want on nostr and nobody has the jurisdiction over the whole network to block your content. You don’t have to worry about sucking up to the platform provider for fear of being deplatformed and potentially losing your livelihood.
5). Open Source. Anyone can come over to nostr and start building things. Everything is new so this is the ground floor of a major gold rush. It should be obvious that these multiplier effects stack up to offer something much more powerful than the existing social media / internet landscape. People are building things right now that are going to be enormous services in the future. The door is wide open there are no barriers to entry and the bar of difficulty is low.
2023 is going to be 🔥 🔥