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Soak Quest
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Our Mission is to create a thriving Bitcoin Circular Economy leveraging NOSTR. Watch Full Episodes on YouTube https://www.youtube.com/channel/UCpdNV2YDkbhloA6zldekymg
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SoakQuest 10 months ago
Thanks for reading my man and thanks for helping me bootstrap this account
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SoakQuest 10 months ago
What’s the real value of a peer-to-peer network? It’s not how many people you can reach. It’s who you can count on when it matters most. In places without rule of law, money looks different. Fuel, booze, bullets - those are the mediums of exchange. Hungry? Guy’s got a goat. You trade five gallons of diesel and some whiskey shooters. Turns out, those little airline bottles are gold. One NCO I worked with ended up buying pallets of them for his prepper stash. Why? Because when survival depends on trade, what matters is not volume, but value and trust. To really understand peer-to-peer economics, you have to look where it’s life or death. These aren’t theoretical markets. These are real-time, high-stakes transactions between people who need information and goods and can’t afford to be wrong. This is where Reed’s Law comes in. It’s not about how many people you can connect to (that’s Metcalfe’s Law). It’s about the value of tightly-knit subgroups that can actually get you what you need when it matters most. Metcalfe’s Law says value = total possible connections. Reed’s Law says value = total functional clusters. Think of it like this: Metcalfe is the phone book getting one new name. Reed is your Rolodex getting one more supplier you trust. And in a circular economy built on Bitcoin and NOSTR, Reed’s Law isn’t just academic, it’s actionable. Because when you can buy meat, raw milk, tools, or design services from Bitcoiners you trust, you’ve exited the fragile web of third parties. You’re not stacking just sats. You’re stacking resilience. In warzones, adding more contacts doesn’t matter if none of them deliver. What matters is the consistency of trust within your cluster. That’s where safety comes from. This is why the Bitcoin circular economy isn’t just about scaling. It’s about depth, not breadth. It’s about being a reliable node in a small, self-reinforcing loop. Reed’s Law gives you the Bat Phone when you need something crucial. Not just more internet strangers to scroll past. Metcalfe is the mass network. Reed is your lifeline. And building that lifeline is simple: Just start transacting with a few Bitcoiners you respect. Find the ones who deliver. Become one yourself. That’s how we realize the peer-to-peer vision of Bitcoin. Not someday. Now. image
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SoakQuest 10 months ago
Humble your GFs CFA with one question: “Does money tend toward one?” If they mention gold and silver coexisting, ask them why. What made that possible? What broke it? Chances are, this is your only real path to a meaningful conversation about monetary technology. Start there. image
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SoakQuest 10 months ago
If you're a Bitcoiner investing in a startup, how should you think about your returns? You're giving up Bitcoin. So ask yourself: Should this company outperform Bitcoin’s long-term growth? Or should it pay you back in perpetual sats-flow? Let’s rethink the SAFE note on a Bitcoin standard. --- Rethinking SAFE Notes on a Bitcoin Standard Traditional SAFE notes are agreements for equity in the future. But if we’re truly moving toward a Bitcoin standard, equity might not be the most aligned incentive structure. --- Here’s how SAFEs work today: SAFEs (Simple Agreements for Future Equity) dominate seed-stage investing. They’re simple, cheap (free), and just 5–6 pages long. Only two key terms: discount and valuation cap. And usually, only one of those terms is ever actually used. They were born from frustration with convertible debt. Notes used to be the norm—two-year terms, accruing interest, and technically repayable debt… even though most startups had no revenue. Founders and investors hated them. They created weird pressure and misalignment during the most fragile stage of a company. --- SAFEs fixed that—kind of. They delayed equity pricing until a later round, when a valuation actually made sense. And instead of being repayable debt, they’re just promises of equity someday, assuming the company survives. But they’re still fundamentally about equity—priced in fiat, liquidated in fiat, and designed for a fiat-dominated cap table. --- Here’s the problem on a Bitcoin standard: If I’m going to liquidate Bitcoin to invest in your startup, I need to believe one of two things: 1. Your company will outperform the CAGR of Bitcoin. 2. I’ll get paid back in perpetuity, in Bitcoin. Because otherwise, I’m losing upside to subsidize your risk. And if you're building a company for Bitcoiners, that should matter. --- The SAF-BP: Simple Agreement for Future Bitcoin Payments A Bitcoin-aligned SAFE isn’t just delayed equity. It’s a claim on future Bitcoin-denominated revenue. If your company succeeds, I don’t want a fiat payout on your exit. I want a percentage of the Bitcoin you earn—forever. You’re asking me to part with Bitcoin now. I need the potential to earn it back through a long-term payment stream. --- Think of it like this: MicroStrategy trades at a premium because it owns Bitcoin and generates cash flows to buy more. A startup built for Bitcoiners can do the same—generate Bitcoin payments, retain Bitcoin in treasury, and eventually move to Bitcoin-only operations. That transition—the ability to settle only in Bitcoin—is the upside. And it can be captured in a new kind of agreement: not for equity, but for perpetual Bitcoin flow. --- This isn’t theory. It works because of this: In fiat terms, costs go up forever. In Bitcoin terms, costs go down forever. If your company accepts only Bitcoin, and serves Bitcoiners whose purchasing power grows, you can charge more over time—and still make your customers happy. If your product is differentiated and your customers are sovereign Bitcoiners, you can increase your BTC revenue in perpetuity. That’s the tradeoff I’m willing to fund. That’s the bet I’m willing to make. --- So here’s what I want: Not equity. Not a future exit. Not fiat liquidity. I want another stream of sats. Another source of DCA. Another bet on the Bitcoin circular economy. A relationship where I help you now, and you help me earn Bitcoin forever. That’s how Bitcoin-native startup investing should work. --- Here is a link to a downloadable template. Let us know what changes you think you'd make or what you like the most. image
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SoakQuest 10 months ago
Bitcoin: A discovery so powerful, it accidentally created a trillion-dollar industry of 11 million failed copies. image
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SoakQuest 10 months ago
Before you scoff at Bitcoin, make sure you’re smarter than these guys: • Henry Ford wanted an energy-backed currency to decentralize wealth and weaken the banking elites. • Nikola Tesla believed energy was the key to unlocking the secrets of the universe. • Buckminster Fuller pushed for money measured in kilowatt-hours to drive sustainable progress. • Friedrich Hayek argued for private, commodity-backed currencies long before crypto existed. • Donald Trump was orange before it was cool. image