Whereas lots of you might have heard of bitcoin round economies like El Salvador’s Bitcoin Beach or South Africa’s Bitcoin Ekasi however haven’t been capable of go and spend your sats in such a spot, please know that in just some clicks you may be part of the world’s largest bitcoin round financial system: Nostr.
Sure, I do know {that a} digital bitcoin round financial system is completely different from a bodily one, and I tip my hat to all those that are working to ascertain such economies in the true world, however Nostr is a spot the place bitcoin is exchanged for worth offered nonetheless.
For these new Nostr, it’s an open-source protocol on high of which several types of apps (that are technically known as “shoppers”) will be deployed and used. Whenever you be part of Nostr, which you are able to do via any Nostr app, you’re issued a public/non-public key pair (like a bitcoin pockets), the primary of which helps individuals discover you on Nostr apps and the second of which helps you to log in to the apps.
Nostr at present has about 42,000 active weekly users who use apps starting from Damus (corresponding to X) to YakiHonne (corresponding to Substack or Medium) to Wavlake (corresponding to Spotify or Apple Music), whose cellular app is a Nostr shopper. What’s notably cool about Nostr is that your followers on one Nostr app observe you throughout all of its apps. To higher image this, think about having the identical followers on Instagram as you do on X.
Over the course of 2024, I earned over 350,000 sats, now valued at roughly $350 U.S. {dollars} for posting my ideas and sharing hyperlinks to the articles I write and the music I create (Nostr is a very cool place for musicians to share their work) — and I had lower than 1,000 followers for a lot of the 12 months.
Simply final night time, I merely shared my ideas about how cool Nostr is on Primal, one in every of my favourite Nostr apps and the one I like to recommend that you just use to get began with Nostr, and earned 2,165 sats for it.
I’ve additionally zapped (Nostr slang for “despatched sats to”) my justifiable share of creators since becoming a member of Nostr, and plan to proceed exhibiting love within the type of satoshis in 2025.
So, for those who’re a proponent of bitcoin getting used as a foreign money, and also you need to begin collaborating on this planet’s largest bitcoin round financial system, obtain a Nostr app at this time, join it to a Lightning pockets (cellular apps like Primal have a Lightning pockets inbuilt) and be part of us in accepting and sending bitcoin in change for worthwhile content material at this time.
This text is a Take. Opinions expressed are completely the creator’s and don’t essentially replicate these of BTC Inc or Bitcoin Journal.