hydroflask

bitcoin

New Bitcoin social app Agora just launched

HYPERBITCOINZATION

nostr

NOSTR is not going to fix anything :(

the point isnt whether i got through it or not. you NEED the average dumb normie to be on NOSTR if it wants to go big. every dumb normie is on Instagram. if it has an inbuilt filter how are the normies gonna get on XD



I think the comments have mostly convinced me. Still, I have not found a response to the centralization issue. 

And what are your thoughts on the incentive structure behind the development?

Could you elaborate beyond the buzzwords? Genuinely curious!!

hes just trying to do the next big thing. twitter wasn't enough for his ego

Why Joe Rogan Avoids Bitcoin Discussions

jimmysong

Joe Rogan is lowkey a pseud. I dont thinkt hink he gets it.


I hate centralized social media apps. It's so annoying that Zuck and Elon are selling my data. I thought that NOSTR’s efforts to create a decentralized social media app would offer a great social media experience. However, after using NOSTR for a few months, here is why I think NOSTR is not going to generate the proper network effect needed to even come close to competing with traditional social media.  
1.	NOSTR is difficult to get into. Sure, after 15-20 minutes of messing around, I was able to create a NOSTR account and log in to various apps. But for the average non-bitcoin maxi the effort needed to get a fugazi Twitter experience would just not be worth it. If NOSTR wants to get everyone onboard then it needs to have an easier, more intuitive onboarding experience. Normies don’t have the time to sign up with NOSTR. They are perfectly fine living their lives through a fake Instagram lens. 
2.	The post quality on NOSTR sucks. Unfortunately, bitcoiners, including me, have horrible taste. Beyond the endless bitcoin echo chamber, all I found were memes that were stale in 2013 and thirst accounts trying to attract the male gaze. Put yourself in the shoes of a non-bitcoiner who just spent 15 minutes onboarding themselves onto NOSTR. Is this the content we want to greet them with?
3.	Let’s suppose some NOSTR app is able to solve all of these problems AND the onboarding process is simplified. What now? Great, we have a go-to NOSTR app now. Unfortunately, such an experience necessitates centralization. All NOSTR users would now flock to this miracle app. 
4.	In hopes of monetizing the miracle app, the developers implement a feature that users don’t like. NOSTR allows users to migrate to another platform. This new platform blatantly rips off the miracle app. That’s the magic of NOSTR after all. But think about the developers who spent all their time trying to create the original NOSTR experience. They are left with a dead platform and ungrateful users.  
5.	I believe that the profit incentive structure is going to be the biggest hurdle NOSTR has to overcome. Profitable features aren’t liked by users. We all know this. But developers need to be recompensated for their hard work.
6.	 Operating on grants is not a sustainable incentive mechanism for developers. Developers need to be able to generate income from the NOSTR app they build. However, their users will simply flock to another application every time developers try monetizing an experience. NOSTR-maxis need to realize that empathy alone is not going to build the next best social media experience.
7.	And perhaps the final most devastating blow to NOSTR is that the best social media approaches have already been figured out. Despite how much we hate certain platforms, there is no denying that Instagram, Facebook, TikTok, and Twitter have figured it out. If NOSTR is going to be building amazing clones of pre-existing websites with diminishing returns and worse network effects, perhaps we need to go back to the drawing board.
TLDR: Neat idea that had me hyped; centralization inevitable; wrong profit structure; lacking user experience. 


