I love this call out. 🤙
When I first found Nostr, I spent a lot of time thinking about monetization and the implications of an open protocol approach to the internet. The last 20 years has been built entirely on a model of captured network effects which drive monopolies and VCs who are happy with a 90%+ failure rate in their investments because they know that when these monopolies succeed, they end up owning an absurdly profitable and defensible business.
It's my belief that Nostr is going to drive many much smaller, but still profitable and sustainable businesses. In a way, it'll be a return to a world dominated by small and medium businesses each serving their customers directly with product and services that those customers appreciate and pay for.
Whatever the long-term outcome, I'm with you on the need for intense experimentation with pricing for most/all Nostr projects. We need to treat these as businesses, not just hobbies.
JeffG / JeffG
npub1zu…6c2uc
2023-09-18 15:25:25
in reply to nevent1q…v7jz
Author Public Key
npub1zuuajd7u3sx8xu92yav9jwxpr839cs0kc3q6t56vd5u9q033xmhsk6c2ucPublished at
2023-09-18 15:25:25Event JSON
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