Do you know what I find most interesting about the 10 million dollars that @jack donated to @OpenSats. The amount donated is meaningful in itself, but that's not the most interesting part of the announcement. The fact that 5 million is to go towards #Bitcoin development and 5 million is to go towards #Nostr development. That means they're equally important. And, we all know how important Bitcoin will be to the future of the world, right? That's how important Nostr can be if we work hard enough. Wild. 🤯 When people realize this, they'll come, and we'll be ready.
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Right? It wasn't 8/2. It was 5/5. Equal. 🤯
Freedom to transact in commerce cannot exist without the ability to transact in ideas.
💯Of course it is,Nostr must maintain its own characteristics and cannot be mediocre. 🫂
Personally realizing this more and more...


#[4] is doing some amazing work over there.
🤣
Well, nostr also needs it a lot more
Well said 💜
Bringing on a bright future!
100% goes to #Plebchain
I don't think they're equally important,
5m in Nostr development money is more meaningful to Nostr than the 5m in btc dev money is to btc.
I do love the commitment to Nostr though especially considering his other ventures.
they're equally important, but 5m to nostr development will have a greater impact.

Twitter gave 10m to Bluesky
Jack gave 5m to nostr
Jack was the CEO at the time, and still sits on the board of Bluesky. The meme stands, dammit! 😅
They’re very synergistic. While I try to value things in sats that number always moves. I always thought it would be difficult to gauge different fiats to sats as bitcoin monetizes.
A few days of zapping and I know what 21/42/500/5K/15K sats equates in my local fiat, and I feel better exchanging value having experienced this. Nostr really has a chance of boosting the circular economy beyond what I imagined.
Making Sats become your unit of account is hard, but doable.
Cool! Who chooses what goes where?
you can submit a proposal on opensats website if you'd like to apply for a grant.
So if you had the choice between;
Being able to stack Bitcoin
Or
Being able to publish on Nostr
You'd be indifferent to the choice made on your behalf?
En Bitcoin creo que llegué temprano (soy bitcoiner desde 2013), en Nostr llegué la semana pasada (me trajo el nodo de LN). Creo que está todo por hacer acá.
The future looks bright 🧡💜
#[6] just posted this, speaking of Nostr development.
Honestly hadn’t thought of this perspective yet and appreciated the thought experiment nonetheless.
What are your thoughts, Derek?
——————
“I’m not sure if we’ve considered all of the implications of mixing money with social, but it’s a fun experiment regardless.
The people that say zaps are the new likes… I like your adventurous spirit, but feel maybe there’s more to money and social than meets the eye.
When you introduce money into an app which doesn’t have a primary goal of sending money, it can get weird in terms of social dynamics and perception.
For example, content may become tailored towards getting zaps, drowning out other types of interactions and possibly eroding trust and cooperation between people.
There’s also the weird dynamic of comparison. Even if you don’t try to, your mind may drift into “oh, they are making more than me on their notes”. I know likes elicit a similar feeling of envy (even if you are not actively envious), but I am curious how money changes things. I don’t have all the answer and suspect there are deep psychological implications.
There may be misalignment of goals as well. This is already evident now where we have some people who are solely focused on stacking. We have automated accounts who post AI generated work that wasn’t created by them — presumably for the sake of stacking sats (otherwise why not credit?) And this is just the start. I don’t know how many of you are familiar with Steemit, but it’s basically a shitcoin website that monetizes content. If you go to the site now, it’s a steaming pile of shit. I doubt anyone actually reads anything. Maybe a few.. but you don’t see this website in the headlines or popping up on any meaningful channels online. As far as the world is concerned it’s invisible. Not saying zap-powered content will end up in the same boat, but there are probably lessons to be learned there and things we can observe.
Social serves a larger goal than just weeding out signal in noise. Not everything needs to provide value all the time. People come to be heard, to feel part of a group, to laugh, to hate… and none of those things involve money. I’m not saying they couldn’t, but we don’t know the full consequence of introducing money into these types of interactions.
I’m not advocating for something being right or wrong or how to do this or that, but more generally curious about the intersection of social and money. I’m here for the ride to see how things play out and how the world reacts to it.
If you have any knowledge on this subject (psychology of money in social interactions), I’d love to hear your thoughts and perspective.”
I think that mixing money with social helps weed out trolls and negativity. I don't see downsides.
I tend to agree with that. We already know the current way doesn’t work so continuing down that path is insanity. Change was surely needed.
Hello Derek
what does "bitcoin development" and "nostr développement" actually mean? seems like a vaguery to create the illusion they're independent entities like corporations, when they're just concepts. which begs the follow up question: is it "money" or "data" donation? because if it's data - where is the real money going?
It’s easy to love Jack…
Hope this message helps..
So ready!
NOSTR is more important for me.. 🤗
Whether people come or not..
Even, I don't want all people on here.
I can't gossip if they're all here 🤓🤭
You kinda got that wrong. Equally important yes but, we’re splitting the cost of donating. Half is my money.