calvadev on Nostr: #Bitcoin and #Nostr are two of the few, if not the only, technologies with built-in ...
#Bitcoin and #Nostr are two of the few, if not the only, technologies with built-in virtuous cycles. They've unlocked a way for us to work towards our individual visions while still being in alignment with those around us, rather than locking us in to an environment where we must fight the visions of others in order to realize our own.
quoting nevent1q…td2gOpen sourcing this for a section which likely belongs in all your Nostr app business plans / pitches:
"Nostr stands to win in the long term because it creates a self-reinforcing cycle of "network effects squared.” Without the constraints of traditional walled gardens, any new viral application built on the open Nostr protocol automatically benefits all other apps in the ecosystem by onboarding new users for everyone. As a result, each development or surge in adoption compounds the value for everyone on Nostr, making it an unprecedented, global engine for collaboration, innovation, and shared growth.
Conversely, traditional social media platforms must compete for users in a zero-sum game."