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People, this post is a sequel to this other post that contains a very telling video --> https://stacker.news/items/241855

Please watch both before commenting.

for some it’s easy, just a constructive conversation goes a long way.

for some it takes gifting sats (everyone likes free money… so imagine giving out what you explained as “real money” to them)

at the gym my partner goes, I introduced a few people there to “Smiles” app so they use fitness to earn portions of bitcoin and from there they get to understand on their own seeing the legitimacy and ease in moving sats.

I also started a podcast-type voice note I send on instant messaging apps to friends trying to teach what I know.

the most important project I am on is introducing lightning to a friends barbecue business, he still doesn’t believe in bitcoin but I accept all the sats he sells and give him fiat in return… some day he’ll figure out why I chose real money.

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I see the value proposition for territory founders to have tools they may wish to use and to use them as they see fit but I don't see the value proposition for SN broadly. The benefit of territories besides the revenue is breadth of content hopefully leading to more activity on the site and more users on the site. The drawback at least currently as we are in the early days (wild west phase) of territories is a more siloed user experience. I think giving founders tools to restrict engagement (I am not talking about bots or zap farming posts) further silos SN. I think it is a delicate balance you have to strike between growing SN and the feature set and maintaining the magic that got SN to this point.

In my opinion, the territories are like "franchises" of SN. There should be some tools and autonomy for territory founders to manage their territories as they see fit but ultimately those should align with the broader SN experience, value proposition, user loyalty ethos.

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I understand this dilemma. The older I get the more libertarian I become but also knowing how important Bitcoin could be to the world and wanting my kids to grow up in the best world possible, I am highly intolerant of shitcoins. At best they are a distraction and at worst they are an impediment to Bitcoin reaching its full potential.

I think you can still be both a libertarian and a toxic maxi but it is a fine line to walk.

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Fedi also announced a $4.2M seed round today, excited to follow along with their progress.

https://bitcoinmagazine.com/technical/how-fedimint-scales-bitcoin-custody

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Sure, I don't mind managing it. I would like you input on the rules, buy in, re-buys, tie breakers, deadlines and any other input from your league that may help it run smooth.

Checking notifications today I see we have a few more folks interested. Would be nice if we could get at least 10.

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