kianjer on Nostr: Balaji mentioned something like “crypto is the payment system that powers AI”, ...
Balaji mentioned something like “crypto is the payment system that powers AI”, but i think that’s too generic. We’ve really ever seen real value transmitted via bitcoin + nostr so far, which I think is completely different from all the ETH L2 payments like Coinbase’s Base (e.g. buying coffee with USDC on Base chain)
Nostr seems to have potential to be the backbone of a new form of economy in the future, similar to the internet, and in my opinion it broadly requires:
1) more people to see and adopt bitcoin as sound money, making it a widely accepted medium of exchange
2) more individual creators creating value on this system
3) which creates momentum for more established businesses to migrate to this system
The profits for businesses to switch to this ecosystem must be greater than the cost, and point 1 must be true for them to see that.
One step at a time
Nostr seems to have potential to be the backbone of a new form of economy in the future, similar to the internet, and in my opinion it broadly requires:
1) more people to see and adopt bitcoin as sound money, making it a widely accepted medium of exchange
2) more individual creators creating value on this system
3) which creates momentum for more established businesses to migrate to this system
The profits for businesses to switch to this ecosystem must be greater than the cost, and point 1 must be true for them to see that.
One step at a time