You are one of our builders. I can't wait to hear you have to say.
I mean we want to hear you. You are doing a lot for this community.
It really means a lot. So how should we start this?
I mean I don't have any experience with these kind of spaces.
I'll tell you what.
You just talk about what you're working on. You just talk about the things that
you like about
the Nostr and Walker and I will throw random tidbits of information and content
out there
and from time to time I'll tell Semmy to go fuck himself.
It's going to be great. Yeah sure why not.
So currently I'm working on a service right now. I recently
started offering the beta version of Zapit.
Any artist can put any content behind Lightning Pay.
Whether they have a Lightning wallet or not. That service will also
create a Lightning wallet for them and they can put any content behind Lightning
Paywall
and they can create a link. That link can be shared on any social media
wherever they want.
It's not really a Nostr project. It's more of a Lightning project,
Bitcoin project.
Where you can use that project on any social media.
That's something I wanted to create.
Some monetization system for artists. So that's what I'm working on right now.
I have some plans for that in future but let's see how that goes.
So that's all I'm working on right now.
And after that I will start some relays. Maybe I'm
looking for some relay. I have a plan to create some kind of relay.
It should broadcast your event to all the major relays at the same time. It should also
take a backup
for all the nodes. You can download those backups.
You can download those backups and you are only paying for whatever
storage you are using for that particular relay.
Whatever storage you are using, whatever bandwidth you are using. So you are just
paying for whatever you are using.
So that's a plan for the future. So let's see how that goes.
How about you? What you are building these days?
Can you hear me?
Yes, yes. Derek, are you still there?
Are you currently doing something? Derek might just be opening up another beer
or
in the bathroom in the midst of pissing.
We'll find out soon.
Roya wanted to... I had to talk to Roya.
But no, I'm here man. Ethan, I heard everything you said. I was just texting Roya.
I'm sorry, I'm sorry. I'm here brother.
Like I said, I'm super excited to hear you talk about your
the projects that you're working on. You keep talking man. I am here. I'm listening.
He wanted to know what you got going on Derek.
Derek?
Derek.
No, no, no. You're fine brother.
Derek's
hoping Noster Nest gets so much better than it is. Earlier, I don't know if you were here Ethan,
I was talking about our roadmap.
There's all sorts of things that Semmi and I are working on.
We want to bring a Noster login through Nip07
as well as authentication through DMs. We want to bring enhancement tools to allow you to
restore your Nest profile if you deleted your cookies.
But most importantly, we want to bring zaps because nobody else is doing this.
You can zap everybody else on stage. Ethan, if you're talking about the cool things that you're building
and I like it, I can zap you directly on stage. It's fucking cool.
If Walker's talking about Footster and the new form of advertisements and I like it, it's fucking cool.
I can zap Walker.
We want to split these zaps amongst everybody that's hosting the nest up on stage.
Anyone who has feet gets a zap.
So the majority of people can get two zaps, right?
Because we all have two feet. Well, the majority of people do.
There's all sorts of cool things we want to do. We want to do Nest creation links where we're charging people
to create custom URLs, vanity URLs. We want to do public chat.
We're going to talk to Pablo since Pablo is doing all sorts of insane micro apps and he wants to help us out.
He told me earlier he would help us out to do public chat so we don't have to use this third party plugin.
He's actually building on Footster right now. That's why he lost one.
Like seriously?
I'm fucking with you, come on.
I mean, he could be. Do Pablo builds on everything.
I noted this earlier today. If you can dream it, Pablo is already building it.
He'll just be like, yeah, I had like 30 minutes in between.
That's what we talked about earlier.
And I just decided to hack together this really revolutionary site.
It's not a big deal, but I did it in like 30 minutes.
That's what you said earlier. We're like, hey, can we take Pinkster to be able to ping user devices whenever a new Nest launches?
Is there a way to be able to do this with Pinkster?
And he's like, oh yeah, this is pretty simple. I can do this.
Pablo is fucking cool, man. I can't wait for him to have his Nest tomorrow.
He's an awesome dude. I met him for the first time at Unconfiscatable.
It was actually the first Bitcoin conference Carl and I ever went to.
Shout out to, you know, this was just over a year ago.
This was late February of 2022.
Carl and I haven't been around for a long time.
We're not OGs with a big old stack.
We're just we're just plebs.
And the first conference we went to was Unconfiscatable, Tone Vase.
He invited us there to host the Scammy Awards where we just roasted shit coiners the entire time, which was great.
We met fucking Pablo and that was the best part.
One of the earliest videos of you and Carla that you post a screenshot from it all the time
when she's dressed up as fucking what's his name?
G, G from Lord of the Rings, Gamal or Gromal.
Gollum? You mean Gollum?
When she's Gollum and you're like, yeah, I'm hitting that.
That makes me cry laughing every fucking time.
The best part of that video was that I did the voiceover for her.
So it's like, you know, 21 million bitcoins is fair.
But like, I'm doing it amazing.
It's amazing. Like, I, I, I kind of hot, you know, like, she's a cute woman to make it.
But I have my that's my wife.
All right. And I'm allowed to say she's she's she's cute.
I'm not Peter Schiff. I'm not Peter Schiff.
I'm not I'm not trying to like, you know, seduce her with gold like Peter Schiff here.
I'm just saying that it's it's amazing.
Like, I like the content and it's hilarious.
I laugh and cry every like tears every time I see it.
That's what we go for, brother.
And I'm lucky to have a wife who is so much more talented than I am.
And she's and somehow you attracted or she attracted Peter Schiff.
He's and he doubled down to that.
That was the that was the wildest part.
It's amazing.
He's going in, you know, I don't know that.
I literally I literally took his that screenshot.
I put it on a T-shirt.
Carl and I each have them. We're going to wear them in Miami.
It makes a great T-shirt.
It's like you're very cute and very talented.
It's like, Jesus, Peter, in your fucking pants.
Whenever you shared that like that religious photo, dude, I like I was I had tears in my eyes.
That religious meme.
I tears my eyes and Katie's like, what are you laughing at?
Like, what are you doing?
And I am like, you don't understand.
Like, this is a mate. I showed it to her and she kind of giggled.
But I'm like, you don't understand how amazing and how fucking funny this meme is right now.
It's so good.
Peter Schiff, man, he's an interesting dude.
I'm like, Jesus Christ, my wife broke Peter, you know, like hell.
But I've always thought like because I've had people come up to me like, oh, like, isn't it weird for you to like other men are like into your wife?
I'm like, dude, if other men weren't into my wife, I think I'd have the wrong wife.
Like, fucking A, I'm not worried.
You know, as as I learned years ago, it's a compliment and she's going home with you, right?
I certainly hope so.
She is.
Yes.
You got a semi because semi is pretty fucking cool.
Yeah, some of you are cool.
I enjoy you, brother.
I mean, like, look at that.
I just got those single shock of you got the single shock.
Just one.
Oh, the hugs.
You don't have to be so nice.
I appreciate that.
But you're going to make me blush if you're not careful.
Semis going to start developing.
No, he's no, you're not.
You're not developing apps for fucking Carla.
Work on Zaps.
Sammy, if you want to join the footster team right now, it's it's me.
Also, it's Carla.
It's a great, great team.
That's neither of us are developers.
I did some C++ in high school that I remember some of it of.
But yeah, it's a bit rough right now.
Wow.
He read you literally left.
Yeah.
He wrote up there.
Road need to go.
I left.
Maybe.
Maybe I should leave.
I think.
You know what?
Ethan.
Ethan's a talented.
I just prefer to say people's names correctly. No offense, Derek. But how can I call you?
Oh, maybe it's not. It's not alive right now.
Ethan, where do you reside? What country are you from?
Nice try, spook.
Wait, send me back. No, he's gone again.
Alright. Well, what I was going to say is I think what Ethan is doing is really fucking cool. I know that some people are inherently against the idea of paywalls. They don't think anything should be paywalled. It should all just be value for value in a totally open sense.
So I understand that. And this is me getting serious for just a second, Derek. But I don't think that paywalls are inherently bad. And I think that paywalls are actually a vehicle for value for value if implemented correctly.
And I think that the way that Ethan has done it is actually really smart. And if there's a way to be able to basically implement like, okay, you can send one SAT or 10 SATs or whatever, some for the time being, inconsequential amount of SATs.
And that still opens it up. Like the creator had an option to say, yeah, you can view this basically for free, right? Or you can give whatever value you think is justifiable. I don't know how much, I'm assuming it's much more difficult to do a dynamic sort of paywall like that.
But I think that the idea in general around it and having that lightning paywall is really clutch. And it's something that is going to be super valuable. And to me, I think it still is in line with the idea of value for value. And because it's still a voluntary exchange, you know?
That's my two SATs. Ethan, refresh. We currently can't hear you. If you're trying to speak, thank you. All right, let's wait. Try again now.
Can you hear me now? Yes, now we can. Yeah, Walker, I completely agree with you. Actually, I implemented that feature you suggested last time. Now you don't actually add the fixed price. You are adding the minimum price here.
You have to pay this to unlock this paywall. You can pay whatever you want. So you can create it like a value for value. And I completely agree with you there also.
Paywalls are not inherently bad. I think they are the one of the most efficient way of monetization because every person is paying exactly what they are using.
So it's not a bad idea to have a paywall. In fact, it's one of the most efficient way. There are three types of monetization on Northstar right now.
First is donation-based, tip-based, like we do with ZAP. Other is subscription-based. And third one is pay-per-use.
Most of the people are not using pay-per-use service right now. But it's one of the most efficient way to monetize anything. I mean, it's the numbers.
If every person is paying for exactly what they are using. So without any doubt, that will be... I mean, we should not eliminate that option completely.
I can understand. I mean, I love ZAPs. I mean, they can help a lot. But we should not eliminate the entire way of monetizing the content. I completely agree with you there.
I think you're spot on because I mean, and honestly, I think this, the only ZAPs thing is actually a really, really great experiment.
Whatever you may think about it in terms of like whether you are for it or against it in the long term, I'm still undecided to be honest.
Because I think there is an acknowledgement value in a simple like just to say, I see you. I just want to let you know that I see you. That's it.
Especially when it comes to replies, things like that. Either we're cluttering the network with likes or we're cluttering it with comments.
They're still just events though, right? And so I think that it's a really good experiment though because it makes people think a little bit more about what is value.
I have personally seen, at least this is just my own experience, I think that, and perhaps this is also the market dynamics. There are probably many other factors at play.
But the, I would say the total frequency and also the amount of ZAPs, like the value of those ZAPs in Satoshi's, not in dollars, but in Satoshi's, seems to have overall decreased since only ZAPs was implemented.
Maybe that's just me. Maybe I've just been posting like shit. I don't know. And that's not necessarily a bad thing either, right?
That could just be the actual value for value market repricing itself to become more realistic. Maybe people are thinking a little bit more about what actually derives or is driving value for them.
But I think that having other options for monetization, especially for creators, is a hugely beneficial thing.
And so when you think about wanting to attract more people, this is why I published today just some of my thoughts about this idea of ZAPvertising.
I mean, I know I've spammed many of your ZAPs with a link to footster.com, right? This was purposeful because I wanted to test this out.
And I wanted to see actually how many unique hits would I get on that website. And Greg, I had a free site and then GoDaddy shut down and I had another site and then GoDaddy for some reason.
I screwed something up. I messed something up, guys. And then anyway, now it's hosted. It's a managed WordPress fucking blog or whatever the fuck it is.
But it got a shitload of unique hits just from me. I didn't post it on Twitter where I have a larger following. I didn't post it anywhere else.
I just posted on Nostr because I wanted to test out what are the implications of this.
And I think that with what we're seeing is that there are going to be multiple avenues for bringing additional value into the network.
One of those ways is just straight ZAPs. One of those is advertisers coming in and deciding that we want to be able to spend our advertising dollars in a different way and be able to give value without a middleman.
And the other way is through things like paywalls, which will be able to attract creators who say, ah, I have now a seamless way where I can post my content and receive, I can post content that is unpaywalled and receives ZAPs for it.
But I can also have other content. You can think of it as more of a one-time quick subscription, really, where you can say, okay, you want to be able to view this? It's going to this paywall.
I don't know. I think the way you're doing is really cool and I appreciate you doing it.
Thank you so much. Thank you so much. I'm planning to integrate some other services also in the future. Maybe we can integrate Marketplace.
We will also make it as simple as possible, like paywall thing. People should be able to sell anything in physical goods.
When a buyer is buying something, they can add their address, whatever they want, and the creator will just get the message with the address, yeah, he paid the money, and this is his address and the creator can just deliver that thing.
And it can be as simple as possible. It's not possible to do with traditional financial system, what we are doing with ZAPit right now.
Imagine you have never used Bitcoin in your entire life. You can just create that website. That website will create a wallet for you.
I mean, it's a bank, like it's one of the most advanced wallet you can get in Bitcoin ecosystem right now. But it's also very complicated to use.
That's why I created the frontend. So you can just use the API of that wallet and add it to the frontend. And yeah, you can use that wallet. Anyone can use that wallet after that.
I mean, that was the goal. I mean, I haven't invented the paywall. I didn't invent the Lightning system. My goal was to create it, perfect this particular part and make it as simple as possible.
So any person around the world can open that website. He has never used Bitcoin in his entire life. We just create user. He is not just creating some random string.
He is also creating one of the most advanced wallet and access point and using that access point, they can access those wallet without opening that wallet.
So that's the goal. We can integrate other services also. In future, I am planning to add split payment system. There was some problem with invoice listener.
So it was not reliable. I can make it right now. I have a working model, but 90% time it will directly send money to your personal wallet and yeah, it will do the split.
But yeah, that is fixed now. I just updated recently the backend. Now I can also implement split payment feature. We can also add other features like I'm enabling one other setting also.
Paper view setting. Paper view setting where every user can just view that content after payment just once. If they want to view it again, they have to zap again to watch that content.
So paper view model also. I understand every person will not like this kind of model. But yeah, there will be many kind of situations where you can use those services.
I mean, we should have every single option available and let the artist decide how they want to monetize their services. They should have all the options in my opinion.
Let's see. I will.
Can you explain more about how the pay-per-view works from just like a, you know,
So with pay-per-view system.
Because that's really fascinating.
So right now if you're making the payment, a browser is storing your payment data. Yeah, that user made the payment. So if you're opening that link again, you don't have to pay again because browser has already saved that information.
Yeah, that user has already paid for the service. So we don't have to, that user don't have to pay it again.
So when, so I'm planning to add one extra feature when you're creating the invoice. You can have a, remember, enable pay-per-view mode, right?
You checkmarked on that. After that, if you're sharing that link, if somebody's paying for that link, it will just open once.
After that, when you try to open that link again, it will not open. It will tell you again, yeah, make the payment so you can see it again.
I mean, this is not foolproof. You can't do it foolproof. I mean, I can create a container where I can have, you know, screenshot protection and that kind of stuff.
But it's not foolproof and neither I want to be, you know, copyright police or no stuff.
I just want to, you know, view this project to community and let community decide whether they want to embrace this kind of system or not.
So I will make tools what is necessary for every single artist. We will have the options and let people decide whether they want to use it or not.
But yeah, my goal is to provide every single type of mechanism artists will need for their, you know, monetization system.
So let's see. Let's see. I will enable pay-per-view mode in a few days. After that, I will implement Street Payment system. That is my next goal.
I was also planning to add mid-journey to it. So where user can just write the prompt, they will get the invoice, they pay the invoice and they get the outcome back, the output back.
So they don't have to create any account. They can just, you know, write the prompt and pay the invoice, pay-per-views model. That will be pay-per-views model.
You create the prompt, pay the invoice, you get the result back. So many people are using AIR right now.
Not everyone wants to create, you know, account on mid-journey or something. They don't want to give their email address or something.
So we can create that also. So I will integrate those services in future. But yeah, I just want to keep it as simple as possible.
So every person around the world, if opening that website, they should be able to create the paywall in few seconds, maybe 20 seconds without giving any personal data.
That's the goal. It should be designed for Flaps. Let's see after that what happens.
I love that. And again, I think that that's very in line with the Noster ethos of generally opt in, opt out, use what you want, don't use what you want.
Nobody's forcing you to do anything. But here is a tool that a developer has built.
You can use it if you want. And if you don't want to, who gives a fuck? I think that's awesome.
I mean, I 100% agree with you. I think as a community, we should always respect the choice of artists, how they want to monetize their system.
And as a developer, I have to build those mechanisms so they can do it most efficient way. I mean, that should be the way for any developer in the community.
And we should not close the entire monetization system because we don't like the paywalls. Paywall is not inherently bad.
And there is a lot of opportunity we can use in that place. I mean, if there is some teacher, if there is some person, his basic job is to just answer the questions.
If somebody is asking some tech related question, he can put the answer behind the paywall and send it through DMs.
So he doesn't have to care about whether I'm paid or not. You can do with that blogs. And so many adult actresses are surprising using this.
There are many use cases right now. We should not just discard this entire monetization mechanism.
So I will be working on it and let's see how good we can make it. My goal is to make it as simple as possible, as easy to use.
And there shouldn't be any email or any kind of verification. Any person has to do any email or something. So that's the goal. Let's see how that goes.
I mean, I'm not sure how I'm going to do that. I mean, I know on technical this how I'm going to do that.
But yeah, I have to do it properly because money is involved. I don't want to take any risk. So that's why I advise every user to don't store money in Zappet wallet.
It's not there is some vulnerability with that. But it's not a good practice. I always suggest don't keep your money in it.
There is no also a hidden fees also. There is no hidden fees. There is no percentage split or something like that.
I mean, it's very easy to monetize this service. I just have to write 2.5%. So every transaction has made, I will get the 2.5%.
But yeah, I think for next six, seven, eight months, I can sustain the service without monetizing. So I will keep doing it as long as I can monetize it.
I mean, it's a kind of contribution to this community. Let's see how that goes.
I think I can monetize. I can do I can run it without monetization for six, seven months.
So I will just keep offering this for completely free. No split option. It is possible. I was testing that these days.
So let's see. Let's see. It's going to be very interesting. I mean, it's not possible to do with fiat system. It's not possible.
I mean, you have to create a bank account to do something like that. You have nothing. You can just open the website.
And after 10 minutes, you have your own bank. You can have your own paywalls. You can manage your every single service.
It's just not possible. It's just possible because we are using Bitcoin right now. And we should we should use this potential as as as we can.
So let's see. Let's see how it goes.
I think that's such a beautiful thing, right? Is what is enabled not only by Noster, but by Bitcoin, like the fact that you can actually just you don't need to sign up.
You don't need to give your ID. You don't need to connect a bank account, which you don't even control.
You can just start using something immediately, like within seconds.
Like that is what is going to bring people over to the purple side. And then the orange side is because they realize, oh, my God, wait, there's no friction.
There's nothing preventing me. There's nothing blocking me. I can just use this.
I don't have to ask anyone's permission and I can start accepting value. That's really powerful.
I mean, I completely agree with you. I mean, it's fascinating when you think about it.
What is the potential of what we can do with this? I mean, also with Noster, I mean, I think it's the first time we are able to create some trustless system for free speech.
We don't have to rely on any third party like Big Tech or Gourmet to provide us a free speech.
I mean, Noster is first time like we decentralized Bitcoin first and now it's free speech and free speech and our own monetary system like Bitcoin.
I mean, it's one of the most essential part of any human being. So it's very it's much bigger than we realize.
Once we are, you know, we are able to create good Noster. I mean, many people say Noster will replace every single thing.
Even Noster is just able to, you know, just replace the existing social media.
The significance of that is much bigger than we realize. Let me give you an example. I mean, let me take let's take my example.
I'm from an area, my home, one of the most beautiful place I have ever seen in my life. But it's also a disputed territory.
That means every single information which is coming to my state, it has to be censored first.
And every single information which is going outside from my state, that also has to be censored first.
It's not my opinion. It's by law, UAP, law of liquidity, prevention, because it's a matter of national security.
So you can understand the extent of, you know, the extent of censorship and every single social media is collaborating with government.
I mean, they don't have any option. It's by law. They have to do it. So it is much bigger than we realize.
But Noster is right. If we can just, you know, create the decentralized system for free speech, it has so many, so many significance.
I can't even explain. I mean, for me, at least, right. I'm from that area. It will really change the game.
It will really change the game. Every single tweet, every single piece of information going outside my state, it has to be censored first.
There is some kind of review. It is by law, a law of liquidity, prevention.
So Noster can play a very significant role across the world. If you just have internet, you have a free speech.
I mean, it's fascinating. It's really fascinating.
I think that's so true because we think about it right now in the context of social media, right?
And that's fair because we're applying existing paradigms to, we're applying what we know to this thing that is somewhat unknown.
But it has so much more potential than that. But even as you said, even if all it does is change the paradigm for social media,
that's enough to affect a great deal of change. And that's very powerful. And like it's already you see it.
I see it in myself. I think we've all seen it in ourselves.
The way that just the ability to frictionlessly exchange value for things you find valuable really changes the way you think about the value you yourself create.
And that change in your mental model, I think is incredibly important.
And I hope that more and I believe that more and more people will be exposed to this and will hopefully see this change as well.
And I also think that Noster is genuinely one of the best potential avenues we have for orange pilling more people on Bitcoin because they get to see it work in the real world.
They don't have to be, you know, preach to about how Bitcoin is going to do this or that.
It's like, no, no, no, you can just see the frictionless exchange of value in real time.
And if you know nothing else, you can see that that's extraordinary and impossible through any of the existing systems.
And perhaps that's enough to make you want to dive deeper.
I mean, I couldn't agree more. Just a few days ago, I was talking to some of my friends about Bitcoin.
They said we can't buy Bitcoin because it's too expensive. That's why we are buying Ethereum in a few days.
I mean, they don't even know that you can buy a fraction of Bitcoin.
I mean, we are too early right now. So in Noster, I mean, the moment they come to Noster, it becomes very clear for them.
You know, Bitcoin, you can buy a fraction of Bitcoin. It's not slow. It's not slow at all. It's much faster than they think.
So it will really make a very huge difference.
And it's also another thing. Like you have a free speech and you also have a monetary system with that.
Your own monetary system is also trustless. Trustless free speech and trustless monetary system.
It can't get better than this. These are one of two of the most fundamental parts of any human aspect.
Every human being wants free speech and a monetary system for them.
So if we are able to create that, it's way more significant than we realize.
And I'm very looking forward to it. I really want Noster to win because a lot of things are...
It's the first time we are challenging the existing legacy social media after decades.
It was a decade of darkness for free speech, for rights and other things.
Yeah, maybe with Noster, maybe we are able to challenge all those things.
Let's see. I mean, I'm very hopeful. I'm very optimistic about it.
And I want to do every single thing I can to make this thing possible.
It's very important for every single person.
Looking forward to it. You guys are doing a very amazing job also.
I mean, Tanel and Sleepy, I mean, you are doing a very amazing job.
I wanted to be a part of this discussion because you are doing some very interesting work.
Yeah, and yeah, this Noster Nest. Thank you so much, Drake, for that.
It's one of the best projects we have on Noster right now. Thank you so much.
I couldn't agree more, man. This is exactly why we're doing it.
We just want to support and do our part because this is a great platform.
This is going to help so many people, especially with onboarding.
It's just going to ease that process.
It's much easier to have a friendly voice that you could have guide you through this process.
That might be really hard for some people that aren't too techy.
So yeah, and it just connects everybody that's already talked with each other on Noster.
And this just amplifies their ideas.
And it's a great creative hub. You get on here and you speak for a couple of hours,
and so many cool ideas come out of it.
I've seen that on the Bitcoin lobby, they've even written up a NIP on there,
and they've done it in the span of maybe an hour.
So its possibilities are really endless at this moment in time.
And it's going to be able to actually help out all types of people, creators,
that just want to talk shit like us, anybody, developers,
to be able to actually get on a nest and actually write up NIPs together
and have agreeance on certain things that they might disagree on.
If it was something like this where they could just hop in a room
and discuss what they had to discuss, I'm pretty sure a lot of the back and forth
that we see on Noster at the current moment wouldn't actually be taking place
because you could definitely, in five minutes, you could figure it out
just by talking with each other.
It's much harder when you're behind text.
So it's amazing. I can't wait. Yeah.
NIPs.
We love them.
NIPs.
There's Derek. I knew I'd be able to coax him back out with a little NIP talk.
You talk a little NIP talk? Walker, I got a new beer. I'm ready.
Well, how did duty? I don't know why I said how did duty. I feel weird now.
That's okay.
I thought it was going to be a cool catchphrase or something.
I mean, it was like 30 years ago. I don't remember it, but it might have been 40 years ago.
But I have a feeling our parents thought it was cool.
You know, I'm an old fashioned guy at the end of the day.
Yeah, I can tell. It makes sense.
Yeah. Derek, what are your thoughts? Enlighten us with some Nip and or Bush talk.
Well, I think that we like to say we're early.
And, you know, for those of us, I would say what?
Ninety nine percent of us, ninety nine point ninety nine percent of us are Bitcoiners here.
And if not 100 percent, and we like to say we're early, but it's not actually a meme.
Right. Like we're we're not we're not lying.
Like like we are early. And the same thing applies to the Nostra.
Like like we are actually very early in everything.
We don't see these type of developments.
We don't see these type of conversations for Twitter, for Facebook, Instagram, you know, MySpace, whatever.
We didn't see these type of things because they were closed protocols.
They were things that were being developed behind closed doors.
And we're watching all of this from day one, essentially being developed in the open.
So we see all of the conversations, we see all the mistakes, we see all the successes,
we saw see all the iterations, all the changes, all the things that everyone's talking about.
And we get to participate in them.
We didn't do that on Facebook, right? We didn't do it on Twitter.
Maybe from time to time, maybe users had a little bit of input on something that was being considered,
to be a feature. It's just very, very, very unique.
So when people like I've been develop things and work on things and iterate
and talk about different enhancements to Nostra, different improvements to Nostra, it's just really, really unique.
It's just things that we're not used to seeing.
And that's confusing for the average person, right?
The average person is used to downloading an app from their iPhone, their Android phone, and it just works.
They're not used to seeing things from the early stages.
They're not used to seeing things that aren't 100% baked and 100% working.
So I think that a lot of it relies on our community. A lot of it really does.
We need to be vigilant and we need to tell people that we are early.
We need to say, hey, Twitter's been around for 17 years.
Do you understand how many mistakes they've made over the past two decades?
How many times they've fucked up?
How many times they did something that didn't work?
How many times they retracted?
Nostra's not any different than that, except for the fact that Nostra's...
I mean, we can say Nostra's two years old, but only a couple hundred people use Nostra for the first year and a half, right?
In my mind, Nostra didn't start being really used until December.
So Nostra's only been six months old in that regard.
So I think that we embrace the changes, we embrace the developers, we keep talking about things people are doing,
and we let our friends and our family know that we're early.
What does that mean?
Well, it means that people are building the things that we're using live in front of us.
And it's going to be a little shaky from time to time.
It's not going to be perfect from time to time, but neither humans, everybody makes mistakes.
And that's how we grow as people and that's how we grow as a platform and how it grows a protocol.
I think that we just need to keep talking, having more conversations and be upfront and have more education.
And not to beat a dead horse here, but it's all the same arguments we talk about with Bitcoin.
It really is because at the end of the day, there's only a very small percentage of people that use these type of things
because the majority of people like to use services and platforms that they're told to use.
They like to use things that are perfect, near perfect, right?
Close to perfect.
So keep building, keep educating, keep talking to your friends and your family.
Same old, same old.
We're not retracting here.
Keep doing what you're doing.
We're on the right path.
We're on the right track.
In the end, I really think in the end, people will see that Nostr is better.
It's just going to take time.
I think you're spot on.
It's also pronounced Nostr.
But anyway, what I wanted to say is that I think you're exactly right.
And the difficulty is that I believe that much like with Bitcoin, many people, perhaps the majority of people,
will not open their eyes until they feel pain.
Oh, absolutely.
People need something that is screwing them over to say, well, there must be something better.
You know what I say, Walker, all the time is that it's a fault with humans, but it's also human nature.
We don't care about something until it fucks us or fucks our friends or family.
Until you experience that pain or you firsthand know somebody that feels that pain, the majority of people don't care.
And people that live here in the United States, if you're a white dude, you live here in the United States, you don't experience these things.
You don't.
You don't experience these type of, generally speaking, you don't experience censorship, you don't experience your money being debased, blah, blah, blah.
We're really, really privileged here in the United States.
We really are.
So it's hard for people to say, oh, I've seen this because we haven't seen it here.
We just don't see it.
And until it fucks you, people just, I mean, you can say this about anything.
It doesn't have to be with finances.
It can be with health.
It can be with anything.
And until someone doesn't experience an issue, personally, it's really hard to see inside somebody else's shoes.
And that's just human nature.
That's just how we are.
It's hard to perceive outside of our bubble.
And not everybody can see it.
Amen.
I mean, that's the thing.
It's like, OK, we want to talk about Bitcoin.
You know, in America, yes.
Are we experiencing inflation?
Absolutely.
Are we experiencing inflation like they have in Lebanon or Argentina?
No, we are not.
We do not feel that pain that they are feeling.
We are not living under a CFA franc regime in Africa, where they have literally have an external power controlling the value of their money.
They can devalue it by half overnight, which has literally happened multiple times.
How we're not living in Iran.
How odd is that?
I could not fathom another country or another entity controlling how my day to day currency is, what its value is.
That's weird to us, right?
The CFA franc system is truly abhorrent.
If you have not read up on this, you should read any of Alex Gladstein's recent pieces on the CFA franc.
Because you should educate yourself.
This is a disgusting colonialist, neocolonialist.
That's what it is.
And people don't understand.
We literally have like colonial, like modern day colonialism through monetary policy happening.
It's weird.
It's monetary colonialism.
It's just weird.
Meanwhile, the French act like, oh, you know, we are so enlightened.
Oh, we will.
Oh, no, no.
Fuck that.
You imperialist bastards.
Like not the French people, not the French people.
I'm not saying that.
I'm talking about the French leaders who propagate the system.
We know the French people don't like this shit.
They literally fucking burn down their fucking like streets.
You know, you got to love the French for that.
They're like, you know, in America, we just sometimes we take things because we don't pay attention.
But the French are like, you want to raise our retirement age by what was it a year?
It was only a year or two years.
They're like, hell no.
They wanted to raise the retirement age in France to less than what it is in America.
And the French were like, fuck no, we're going to go burn shit down and ride in the streets.
Like, wake the fuck up, America.
Pardon my French.
But on a happier note to your point.
Well, I don't know if it's a happier note, but people pay attention when they need to pay attention and people pay attention when something hurts them.
When inflation starts to actually hurt you, you start to pay attention and you look for a better solution.
When censorship starts to actually hurt you and you find that you are not able to speak your to speak your mind freely when you thought you lived in a free country.
We like to complain about it a lot in America, right?
We like to, you know, and granted, there are liberties that are being infringed upon.
However, it is absolutely nothing compared to the repression that so many countries around the world deal with.
And those countries are there's a reason there are still shitloads of people using Noster and using Bitcoin in China, where they are where they blocked.
Demas, excuse me, from the App Store, where they have banned Bitcoin many times over.
But there are still people there who want to be free, who are choosing these tools that allow them to at least have some semblance of that, even in a repressive society.
I'll get off my soapbox now.
I just wanted to include that they know how to fucking throw a revolution, to be honest.
I've seen the way that they eat while they're protesting.
And I think our protest would last a little bit longer than a couple of days if we had the right nutrition like they do.
If they like to do anything, they like to revolt and eat.
So they do it very well.
They've they've mastered it to to know at this moment in time.
I fucking love it.
We got to, you know, we got to learn a little bit more from them.
I'm being so serious now, like completely like you are you are it's.
You understand, Derek's drank a lot of beer at this point. But it's just really it's just really weird.
Like I don't know how to say it.
It's just odd to to to try to understand monetary policy that is happening outside of what you're used to seeing, what you're used to growing up with, what like in the United States,
because that's that's all I know. That's where I'm from.
And then you read about it and you try to understand what is actually happening.
It's just it's just wild.
I mean, we're starting to see these things over the past two years affect us here in the United States with inflation and endless money printing.
But these things have I mean, this is the norm in countries in Africa and countries in South America.
It's their daily lives.
And I'm only talking about a fraction of what we're seeing here compared to what they see and what they experience.
I could not imagine waking up in, you know, tomorrow morning in seven hours from eight hours from now and seeing half of the third quarter,
a quarter of the value of my paycheck going away.
That's insane.
And it's because of bad governmental choices and corrupt government and governments thinking that they can, you know, print money to fix the problem overnight.
But it fucks that fucks them for next week.
It's it's just it's insane.
It's insane.
It's very hard to comprehend, even if you understand what's happening.
It's hard to look at it from the outside and see why a populace, why a group of people would want to do this, because it may fix it for today.
But literally tomorrow, it fucks everybody.
Well, we have to clarify it's not the populace, right?
Like the populace being the people in like Africa is probably the richest, richest continent in the world.
You're right.
In terms of actual natural wealth.
But just to clarify, it's like you have and this is where, like, again, I would recommend reading Gladstein's pieces.
I know you have, Derek, I'm not just for everyone else listening, read what Alex Gladstein writes, because check your financial privilege is really wild.
It opens your eyes to the rest of the world.
And his most recent piece on the IMF and the World Bank will make you angry.
Like it should make you angry, because when you see what these, I don't know, what do you want to compare a governmental institution?
That's fair, right?
What they do and the way that they exploit countries and the way that they topple leaders who dare to stand up to them, it will make you sick to your stomach.
But it will make you want to do something.
We've been let astray, right?
We've been let astray, Walker.
Like we've been told that they're doing these things to help these developing nations.
And maybe that's true for the exact like in the moment, but it literally fucks them for the future.
It fucks them for tomorrow.
It's wild.
It's really wild.
Like it's hard for me as a random dude in the middle of central Pennsylvania to look at what the world does to make things harder and really fuck the economies of these developing nations.
Like it's absolutely wild.
I don't understand why we're doing it.
I don't.
As a guy that tries to find the good in people and tries to see the good in people and tries to trust people, it's either the leaders of the world are fucking dumb or it's all done on purpose.
And that's what makes you really think that something is wrong with the world.
Either everybody doesn't know what they're doing or they highly, highly know what they're doing.
And that's the problem that we have.
Well, this goes back to what I said earlier, right?
One percent of people are psychopaths.
Now, a lot of people are just really shitty people.
Like sometimes giving somebody the classification of a psychopath is letting them off too easy because they might just be a shitty person.
There are people that are just bad people.
Do you think that people that are working on these monetary policies look at them and say, you know what, that'll fix this for the next one month, two months, three months, year, whatever, but they fully know that anything beyond that, everybody's fucked.
Are they just that dumb or are they just trying for a Band-Aid fix?
That's my question.
That's a difficult question because it's one I pose to myself all the time.
I'm in between because I think that some of them are in fact smart enough to know that what they're doing is complete bullshit and has incredibly harmful effects.
Others, I think, are genuinely fucking stupid.
And then there are others that I think might believe their own bullshit.
They might have drank their own Kool-Aid too often, and they may believe that what they are doing is somehow helpful because they've again, they've bought into their own lie.
And, you know, can you imagine if you are one of those people, the cognitive dissonance that one must have to try and keep believing this lie that you keep telling yourself?
Because if not, and if you are at least have some halfway decent morals, then you must regard yourself as a complete piece of shit.
But if you're just a psychopath who genuinely cares not for other people, then I think that, well, you know exactly what you're doing.
You're doing it, you know exactly what the effects will be, and you don't care.
But I think that there's a spectrum. I think there's a big spectrum.
And I don't know where someone like Jerome Powell falls in that spectrum, for example.
Exactly. Is he literally a dumbass or does he understand that things will fuck people in the future and he's only trying to fix things for tomorrow?
Magoo will tell us what's wrong here in a second. Like he's waiting. I see him over there.
Like the Federal Reserve, the people at the Federal Reserve, Neel Kashkari, fucking Jerome Powell, Janet fucking yelling when she worked there because there's a goddamn revolving door between the Treasury and the Federal Reserve, like and between the big investment banks in the United States.
They're not fucking idiots. They know what they're doing and they know that they, I mean, they're just, let's be honest, they're also fucking old.
So they're kicking the can down the road until they can bow out. They're kicking the can down the fucking road until they can bow out and say, well, we tried our best.
You know, I mean, we were like, whenever they say, you know, we need to tackle inflation, we need to fight inflation. It's like, motherfucker, you caused it and you know it.
Walker, why do we, why do we have to elect literally the oldest politician? That's literally our thing in the United States.
It's, hey, you're 70 years old. Why don't we elect you? I don't, I don't understand it.
Because the last time we had a young president, he got capped in the head.
I mean, you're not wrong, but like, I, I don't understand it. It's, it's, hey, who's your oldest Republican or who's your oldest Democrat?
And you know what? They've been around for a while, so they obviously know what's up. Let's, let's, let's push them to run for office.
And that's just dumb. I mean, it frustrates me because you've probably heard me say this ad nauseam, but there is no red.
There is no blue. There is the state and there's you. And you know, it's two sides of the same fucking coin.
And I will repeat it until I am blue in the face. You've said it so much that it's really caused me to look into it because
most of my adult life, I've been a Republican. We're going to make this political for the last minute before we get Magoo up here.
Most of my life I've been a Republican. And I didn't like how things were going years ago.
And I switched parties because I didn't want to be associated with the weird, in my opinion, the weird way the Republican Party was going.
And I switched to the Democratic Party because in Pennsylvania you can't vote unless you have in the primary elections, unless you're one of the other parties.
So I switched parties to the Democratic Party so I could vote. And I don't know.
Magoo is shitting on you right now.
You know, Magoo can suck my dick and I don't really care. But that's just how it is.
Sausage Fest, May 17th to May 20th. See you there, Derek.
Magoo, are you going to fucking Miami? I need to grab your dick if you're going there so we can Sausage Fest it up.
Jesus, Derek. Is your wife still in the room?
Bro, she's going to be the one with the video camera.
Let me get back to what I'm saying for like 30 seconds and then you can take over, Magoo.
It's the fact that nobody fully is one way or the other. We unfortunately gravitate towards politicians that are saying one thing we like and that's bad because we have a two party system here in the United States.
Where third parties don't mean anything but unfortunately third parties are where the majority of us stand.
Where we like people that don't agree with the norms. We like people that are kind of in the middle because the majority of people in our country are literally in the middle.
But third parties are bad apparently according to the masses.
If you're a Democrat, the third party is stealing votes away from Democrats. If you're a Republican, they're stealing votes away from Republicans.
Because Derek is socially liberal and Derek is financially conservative and nobody knows what the fuck that means.
I know what it means. It means that you're a rich gay dude.
Magoo, are we fucking in Miami next month or what?
Yeah, so you've got to find me. I'm going to be on the floor and you have to look for my mobile network. My hotspot that I'm going to be extending is called 10 to 1. The password is Bitcoin.
You're fucking around but you're not wrong.
I don't know if he's fucking around to be honest. I can't tell.
If you're not 100% one way or the other, that's weird. Why can't I be in the middle?
I think Derek's coming out fucking space, guys.
It's been the whole night.
Derek's literally not coming out but whatever. I don't care, man.
Oh, I think Derek is going to come.
I mean, Magoo, where are we meeting at in Miami, man? You work hard.
I'll send you the details.
I will shut up right after this because I'll transfer over to Magoo and I've been up here way too long and I need to go hang out with my dog.
But what I will say, Derek, is that you are right because they don't want you to be in the middle.
They want you to pick up a partisan flag and they do not care which color that flag is that you wave.
They want you to pick up a flag and wave it because that's all that matters because then you feel that you are a part of the system, right?
You're part of what maybe your team won this year. Maybe your team lost this year.
But if your team won, you're happy. If your team lost, you're angry.
And either way, you are invested in that system and you believe that you have the opportunity to make a change.
And that's the problem. But it's all a fucking racket. As I realized a couple of years ago that I don't I don't want to be on a team.
On some on some issues, I want to vote one way on some issues.
I want to vote the other way.
Because I'm not going to vote down a party line because because because we don't all have to 100 percent agree.
We all have to 100 percent the same way. That's just weird.
Yeah. But Derek didn't hear a pennished order. You have to be a single issue voter.
That's just weird, man. That's just weird. I've never been that way.
Like I just I voted who I like and who I think will do the best job for that job.
I mean, fuck me for trying to care. Right. Like it's just weird.
But Magoo, like we're a sidestep that. Are you actually going to be in Miami?
I can't tell from the shitposts on Twitter. I don't know. I haven't decided.
Well, if you if you are, we have beers to drink together. So I'm thinking I'm thinking on Wednesday night to go to Peter McCormick's event.
And you're going to tell me that Peter McCormick's a fucking dick and I shouldn't go there.
And you know, fuck you. I might go there the next night on Wednesday or Thursday.
I'm going to a club party and you're going to be like, oh, fuck, swan fucking Andersen fucking, you know, and and I'm fucking to go in there.
I don't care. I mean, I'm doing that because it'll be fun.
I like I like I like Andersen puppy. So you're going to the Thursday or Friday. That's Friday, isn't it?
That's Thursday. No, I'm not. I can't make it for them. I do this every year. So what I do is I show up on Sunday.
I go to the conference. That's the literally last day.
And then I take pictures and I ask where everybody is. And then everyone's already gone.
Yeah, I'm really flying out. It probably like 11 a.m. on Sunday.
I'm flying in 11 a.m. Sunday. See me at the airport. Well, you're fucking up. You're missing Derek.
Well, there's I don't know. Terminal one gate 69. Nice. Nice.
Yeah, I don't want to burst your bubble or anything, but yeah, Magoo, I've been waiting for the past 20 minutes for you to tell me how I fucked up and how I should be thinking.
Go ahead. Go ahead. Well, one, you're not you're not going to vote your way out of what what you currently think that you're in.
And what I mean by what you currently think that you're in is everyone has their own utopia and everyone has their own hell.
Right. When it comes to how they think the government should be running and no matter who you are and what you support,
whether you're a literal left wing lunatic, wocus or you're like literally Ted Kaczynski mailing fucking bombs to everybody on the other side of the spectrum,
you'll you always will think that there is room for improvement or you think that the system is rigged against you.
And that goes back to Walker's point is because it is rigged against you and not because you're a liberal or not because you're a Republican or whatever you are.
It's because you're not in you're not in the party that matters.
And the party that matters is like the political elite in the oligarchs of the world.
So you're not voting your way out of any situation.
So the way that I look at this is if you think voting is going to change one thing in your life,
at least in the short term, right, like is like you can change things with voting over a very long period of time like change does happen in like trends, cultural trends.
All those things happen and they have happened in the past.
But if you're looking directly to affect your single life and your lifespan, let's just call it 80 years,
the chances of you voting and changing your life in the in the short term is very negligible.
Like it's just not going to happen. Right. And people need to understand that because people focus too much on voting and not worrying about actually doing things that are going to make them happy and make them free.
Like, for example, like I have voted for almost 10 years now. Why?
Because I don't think it's going to make a difference. And in these 10 years I haven't voted. I've probably 100x, 200x my net worth and probably 10x my freedoms that I had 10 years ago by exiting the United States,
pronouncing my citizenship and moving, moving abroad and being like a literal transnational and going to jurisdictions that actually favor you if you have money.
Right. Like if you go to the United States or any Western country and you have money, you're perceived as being that you've took advantage of someone to gain said money.
Right. And that's after they tax you. Right. So not only do they tax you first, then they demonize you. Right.
Where if you go anywhere else in the world and you have money, it's like we have a table for you right here, sir.
And it's not even if like you're white, you're black, you're Chinese, you're whatever. Like if you have money, there's a table for you right here. Right.
Minus a few weird places that are still racist out there. But for the most part, you're 10 times more free. Right.
And this is like a lot of Americans are they can't think their way out of a wet paper bag is because they've been grown up in a propaganda campaign where they've said the United States is the center of the universe
and that it's the most free country on the planet and it's the most prosperous and you're going to be and thrives the most in this country.
When in reality, that's actually the exact opposite. Like if you actually add economic output and value to the world economy, you're actually better off outside of the United States.
Right. And I know this is there's some intersectionality there between like, can you actually take your profession and how you add value to the world outside of your current context of the United States?
Like if you're a construction worker or you're doing physical labor, you do any like brick and mortar, it's hard to kind of transcend your value across national borders.
But if you're like a software engineer, content creator, whatever the fuck it is, it doesn't matter where you are and you're adding value and you're making money.
It literally makes zero sense to be in most of these quote unquote civilized jurisdictions that that that people want to think is the pinnacle.
Right. It's the legacy brand countries. Right. Where they used to be good.
But now they're only good because of their branding and what people have the perception of them. But when it comes to like a middle class American, like in a middle class American today is literally someone who makes one hundred thousand dollars.
Right. Like, like, I know I think the average salary in the United States is like forty five fifty thousand dollars.
But those people are actually broke. Like if you make forty five fifty thousand dollars a year in the United States, I don't care where you live, like especially if you live in some of the horrible jurisdictions.
But if you literally live in bumfuck Idaho making forty five thousand dollars a year, you're not making it like like and that's not to say that that's your fault.
Right. There's lots of reasons why people don't succeed. But like that's just not not making it.
Right. And most in the reason why is like if you make forty five thousand dollars a year, the government is going to take like what 20 grand of that away.
Fifteen seventeen thousand dollars away from you.
If you make well, if you make forty five thousand, they won't take anything.
Well, no, that's that's that's a myth because they're not taking anything from income tax.
But every time you buy something, they're taking tax from you.
You go to the gas pump. I agree completely. I'm just saying on the income, 51 percent of Americans pay zero in federal income tax.
Yeah. And it's all scraped out of you. Right.
And so like most of the stuff that you buy, whether it's me, groceries, gas, whatever you're doing, like every dollar that you're spending, you're probably paying a good well up front like sales tax.
You're paying whatever 10, 12, 12 percent. But then there's hidden tariffs that are actually just in the baseline prices of things that you just don't see like gas or me or imported steel or whatever the fuck it is.
Like there's a tax that you're paying. You just don't see it.
So a lot of the money that you're spending is just gone to tax. It's gone to the government.
And so like what my suggestion is, is like if you have any capability of making income on the move, you should probably get the fuck out of where you are because like you being born, like most people, and this isn't even just the United States, this is the world.
Most people that are born don't even leave their hometown, let alone their state or their province or their jurisdiction or whatever it is, their country, their region.
They just don't leave. Right.
In reality, like there is a lot better places out there. Right.
And Americans are always like, what do you mean there's better places out here? I can't do this. I can't do that.
Like this is the thing about being like a transnational. You can play like go fish with jurisdictions with like what you want to use them for.
Like for corporate, right, you might want to incorporate a business in a certain jurisdiction because it has lower corporate income taxes.
Right. There's a couple of countries in the Caribbean.
There's a couple kind of gray areas in Latin America where you can incorporate your business. And if you're sourcing income from outside of that country, you're not liable to pay any corporate tax whatsoever.
And so that might be one of the solutions that you use for your corporate, your corporate incorporations.
And then you might want to get a passport from a Caribbean island that has the most visas or if you want to buy a better passport or whatever you want to do, you might want to get citizenship that are elsewhere.
And then when it comes to your actual residency, you can basically get an investor residency like investors residency almost in any country outside of the United States and Canada and some places in Europe.
You don't even have to spend that much money.
This guy's spazzing out here. I think he's got to want to say something.
Yo, Maguso. We just got to close out the basically the recording because we're actually everybody has an hour slot, right?
And we've gone over Broker Man's over 20 minutes of his of his hour slot.
Yeah. And I just want to apologize, Broker Man. I don't know. I really want to apologize, man. I didn't think this was going to happen.
Yeah. Sorry, Broker Man. I blame Derek. I blame Derek. You know, Magu is a smart individual and likes to talk.
And we all like to listen to Magu. But, Broker Man, we want to hear what you have to say, too. So, Magu, fuck off.