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Bear market is brutal hah
Given how critical I am of the American education system, people are often surprised to learn that I think teachers need to be paid more.
"Why would you pay them more when they're doing such a bad job?"
To which I reply, "You get what you pay for."
Always assume there is something you can learn from another person
This mindset is so important, and sometimes worth brute-forcing into your mind.
The conversations are easy and natural when I already believe I'm talking to someone I can learn from, and it's someone I find interesting.
When those 2 things aren't the case is when it gets tricky. But that's where the reps are.
I think if Nostr solves some need for SN, then it makes sense to integrate, but integrating just for the sake of integrating (bringing another dependency) is bad idea in my opinion.
So far I think the main problem nostr solves is censorship resistance for broadcasting (ie twitter), because the relays are simple and users own their ids (much better than mastodon). So that's something SN could get from nostr, although I think it will bring many interesting challenges.
A lot of different things. Spent a lot of time reading and listening to both eth and bitcoin content. Trace Mayer and his network effects made sense, the Bitcoin Standard and seeing all the Bitcoin only services/content/hardware. Also broken promises of Eth and understanding the immaculate conception of Bitcoin.
There are many layers to this, but as I see it: The people who are the exact opposite of the toxic maxis, are the people with the voice in mainstream society and media. Therefore, they are the ones who have the most influence over the general opinion in society, and over the laws. Them getting orange-pilled is the best chance for hyperbitcoinization. If they instead fight bitcoin too much, making it illegal in most of the world, most people won't use it, and its value will fall drastically. It will of course still work, but maybe at 5% of current value, and no part can accept it legally, stifling adoption. Add to that the military power of this majority, that could threaten the other nations to quit bitcoining and to pass bans there too.
I believe we're in a hurry if we want the "bright orange future", and we don't only need to advocate bitcoin to everyone in general, but to the ones that the toxic maxis hate in particular. That is not done by harsh retorts, blocking and bragging that Bitcoin is invincible (while advocating staying humble). Sure the network is close to invincible, but the value and usefulness of it is definitely not.
I'm staring to test more and more the app that our team is building and so far the experience has been amazing, I just used it yesterday to gift $10 each to my cousin and her husband who haven't really been exposed much to Bitcoin.
The first I asked was what action do they think they would like to experience in order for them to help them start getting an understanding of Bitcoin, they first wne with that they wanted it "save it" but then quickly changed their mind and asked how they could "spend it" so I onboarded them with the exprience of me sending them $10 via the app https://lgt.st then they claimed their sats and I onboarded them by downloading Wallet of Satoshi, withdrawing their sats and then setting up an account with https://paywithmoon.com so they could load up a virtual visa card with $10 and add it to their Apple Pay. Now they can go get a coffee or something with the sats that I sent them ✌🏼 Perfect way for them to make the connection that I just sent them $10 that never went through a bank or any entity and they immediatly received their funds and were able to turn that into a visa card they can go spend at a physical location.
Now my task as well with our team we have to translate this whole onboarding experience into a self-onboarding guide within the app.
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Another thing I'm super excited about is that we're starting to creat a Scoreboard for the app to see other user's Orange Pilling orange 🍊💊 activity! I think this could spark a lot of interest with Bitcoiners, the cool thing about it is that since you can set an expiration date to the gift/tip if the user does not claim and withdraw their funds it's not a succesful conversion. Only if the user claims their funds and downloads a LN wallet on their own that would be considered a successful conversion.
You can check out the scoreboard here https://lgt.st/scoreboard
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Read Viktor Frankl, he found his mission even in a concentration camp
Drinking a beer at Pub Key. It's Happy Hour in my world.
Thanks for the honest feedback @ribbit! I agree with you. Loyalty rewards and such are very gimmicky. I've always felt that way as well. The truth is, it still works though, which is hard to wrap my mind around at times.
Through diving into the loyalty and rewards space, I've learned a lot more about why it works and it all just boils down to psychology and giving the customer another touch point to keep the brand top of mind.
In any case, it helps businesses retain customers and is a driving force in their sales in some way, shape or form.
It does hit different when it's Bitcoin rewards, though.
The cool thing about what you're saying is that most Bitcoiners already have Bitcoin and earning another 1% or whatever here or there really isn't that appealing if they have to through extra steps. People still do it, though.
But for the everyday consumer, the NPC, the no-coiners, the pre-coiners - they earn those points like they're going out of style and don't really think twice about the fact that they're basically shitcoins.
So if we can more people earning Bitcoin instead, almost passively and seamlessly, I think people will have a far greater chance of looking into bitcoin and effectively being invested in its success without having to lift a finger. We shall see!
Right now we do have some metrics. On average, ~30% of people who received an email to claim rewards (often times completely unaware they were getting them post-purchase) actually do 'claim' them. From there, ~40% of people withdraw them to a lightning wallet. Of note, the majority of people earning these rewards are NOT bitcoiners. They're just buying everyday products from businesses who aren't exactly 'bitcoin' businesses, and getting some sats in return.
thanks again for the feedback and we'll certainly keep this in mind :)
Truth is stranger than fiction