Damus

Recent Notes

Clearsight profile picture
Token economy will never be big on bitcoin.

bitcoin will continue to accumulate monetary premium become its most secure and sound.

exactly like USD.

Hence bitcoin will continue to import all non monetary usecases from other chains .

exactly like USA


@jack mallers @Rusty Russell npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83anostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7znostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gxnostr:@MartyBent
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Clearsight profile picture
I want to use this space to describe ideas which can become 1 Billion USD+ entities based on Nostr and Lightning.

If you are interested in this, give me a follow

If you follow me already, help me spead the word.
no₿ody™ 🧱 · 85w
Hmmm thank you for following up, i really do appreciate this response. Although i’m not necessarily talking about bitcoin, which we hope to become a widely used medium of exchange, but active trading in general like stocks and such too. Doubt that makes any of what you just said, aside from the MO...
no₿ody™ 🧱 · 85w
No just on principle. The only value it “creates” is for onesself, on the backs of others. Again though just my opinion, and i’m kind of dumb
Clearsight profile picture
Future AI companies:

Slimmer top line
Fatter bottom line
Master of niches survive
Leaner teams thrive
More startups come to life
Most of them live shorter lives

#AI@ #BusinessFuture #Innovation
PABLOF7z · 85w
New nostr:npub1nstrcu63lzpjkz94djajuz2evrgu2psd66cwgc0gz0c0qazezx0q9urg5l workshop proposal: "Playing with nutsack" https://github.com/nostrworld/nostriga/issues/58
Clearsight profile picture
The absolute BANGER of a usecase for #Nostr is Real Money Gaming (RMG) (1)

Many governments impose punitive taxes on it. India implemented such tax recently (Nov 2023) (2)

The thing is, that there is huge grassroot demand for it. People will jump hoops to play, a perfect early adopter archetype.

folks in India are paying 5% to 10% rake on RMG. This is a very cost conscious crowd, and Nostr can do it for much cheaper

The global market for RMG is ~15 Billion USD, India market is ~2 Billion USD (3)

References

1. https://www.legalkart.com/legal-blog/real-money-gaming-in-india-explained#:~:text=Real%20money%20gaming%20refers%20to,%2C%20and%20skill%2Dbased%20competitions.

2.
https://www.google.com/amp/s/inc42.com/features/doom-and-gloom-in-real-money-gaming-industry-as-new-gst-regime-begins-to-show-effects/amp/

3.
https://www.statista.com/statistics/1401387/india-gaming-market-size-by-revenue-stream/#:~:text=As%20of%20financial%20year%202023,dollars%20by%20fiscal%20year%202028.
Clearsight profile picture
The absolute BANGER of a usecase for #Nostr is Real Money Gaming (RMG) (1)

Many governments impose punitive taxes on it. India implemented such tax recently (Nov 2023) (2)

The thing is, that there is huge grassroot demand for it. People will jump hoops to play, a perfect early adopter archetype.

folks in India are paying 5% to 10% rake on RMG. This is a very cost conscious crowd, and Nostr can do it for much cheaper

The global market for RMG is ~15 Billion USD, India market is ~2 Billion USD (3)

@Lyn Alden - Curious to know what are your thoughts on this? have you seen something like this?

References

1. https://www.legalkart.com/legal-blog/real-money-gaming-in-india-explained#:~:text=Real%20money%20gaming%20refers%20to,%2C%20and%20skill%2Dbased%20competitions.

2.
https://www.google.com/amp/s/inc42.com/features/doom-and-gloom-in-real-money-gaming-industry-as-new-gst-regime-begins-to-show-effects/amp/

3.
https://www.statista.com/statistics/1401387/india-gaming-market-size-by-revenue-stream/#:~:text=As%20of%20financial%20year%202023,dollars%20by%20fiscal%20year%202028.