Libertas Primordium on Nostr: Telling new users to hold and never sell is the wrong approach to convince most ...
Telling new users to hold and never sell is the wrong approach to convince most people.
You get them on Nostr, set them up with a lightning wallet, and now they're pumping out 🔥 content and receiving zaps ⚡
But, they're holding this intangible thing that to them is just numbers in an app. They can't go spend it on something tangible at the mall or supermarket. All they can do is send it to people on Nostr or maybe pay for some web services with it.
So they have this persistent doubt in their mind as to whether or not it actually has real world value.
But, is they can, with just a couple taps, turn it into dollars in their bank account and go buy something, that's when they have the solid realization that it does have tangible value.
Then, when they see the price go relentlessly higher, that's when they realize that there's also value in saving some for later.
Now they are a believer. This is the way you convince the average fiat-brained normie to hold Bitcoin.
You get them on Nostr, set them up with a lightning wallet, and now they're pumping out 🔥 content and receiving zaps ⚡
But, they're holding this intangible thing that to them is just numbers in an app. They can't go spend it on something tangible at the mall or supermarket. All they can do is send it to people on Nostr or maybe pay for some web services with it.
So they have this persistent doubt in their mind as to whether or not it actually has real world value.
But, is they can, with just a couple taps, turn it into dollars in their bank account and go buy something, that's when they have the solid realization that it does have tangible value.
Then, when they see the price go relentlessly higher, that's when they realize that there's also value in saving some for later.
Now they are a believer. This is the way you convince the average fiat-brained normie to hold Bitcoin.
quoting nevent1q…7mwuI was speaking specifically for users in the USA who don't have access to other wallets like WoS. Although I wouldn't score WoS very high on the trust scale, it's probably the easiest to setup and use.
Explain the KYC step to Americans as "this is what your government makes them do to you." It will start to open their eyes maybe, although the average person probably won't care.
They're more likely to care about the no-censorship aspect of Nostr, as there's a high likelihood that they've been in FB jail before for saying the wrong thing.
Bottom line: low-friction custodial options are going to be the right way for most people. Let them see the magic of sending and receiving zaps without going through a bunch of unnecessary steps.
Strike is best for this for Americans because of the easy bank integration. If they're not yet sold on Bitcoin they can turn the received zaps into dollars in their bank account with just a couple taps.