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Soak Quest
soakquest@primal.net
npub1pdm6...mjzk
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 1 year ago
Zapping a note to buy wine isn't just novel. It's powerful. There are maybe 10 people in the world running their business this way. Does it give us an edge? Yes. When you're paying for something in Bitcoin, the apex asset, you'd ideally want to try it before you buy it. But Bitcoiners aren't clustered in the same places, so most Bitcoin commerce happens online. That means very little opportunity to sample. You need social proof. And there's no stronger signal than seeing someone zap a note to pay for an order. If someone in your web of trust is willing to spend Bitcoin on a product, it's probably worth your time too. That zap is a purchase and an endorsement in one. It's a signal to everyone watching that it was worth the sats. It also puts pressure on the seller. That sale is public. Everyone knows someone trusted you with Bitcoin. Don't take that lightly. Not every sale will happen like this, but the ones that do? They give you something priceless. Revenue that also works as marketing. Your best customers are linking their reputation to yours. You don’t have to ask for a review. They already gave you one. Zaps-as-purchases are rare today. They're hard to earn. But they are absolutely the most valuable. @buzzbot 10000 image
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SoakQuest 1 year 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 1 year ago
The original purpose of Bitcoin was simple: peer-to-peer transactions and separation of money from the state. Sixteen years in, the Bitcoiners who believed in that purpose the most either joined early or stacked hard under that narrative. These are now the biggest capital allocators in the ecosystem—and they remain committed to a Bitcoin-only future. Their top priority isn’t tokenization or bridging to legacy systems. It’s growing peer-to-peer infrastructure, the medium of exchange use case, and keeping Bitcoin on Bitcoin rails. You can see this clearly on platforms like NOSTR, where the most evangelical Bitcoin users are building and coordinating. Jack's top post yesterday? P2P growth. Not stablecoins. Not tokenization. Trying to push Bitcoin Maxis outside a Bitcoin-only ecosystem misses the point entirely. They joined because they wanted to get off traditional rails. They already spend with Bitcoin-only companies. They already get loans in USD or Tether from Strike, LEDN, or Unchained. They even built their own open-source comms infrastructure. Stablecoins are fine. Banks will adopt them. And yes, Washington's Bitcoin bills are increasingly tied to stablecoin growth. But let’s be honest: Bitcoiners don’t need them. They’ve opted out—and trying to market those products to them is like selling pork at a vegan festival. If you're working on tokenization or stablecoin products, more power to you—but pitch them to a different customer base. Because Bitcoiners, the people sitting on the most capital, are building their own future—and it’s Bitcoin-only by design. image