BTC111: Nostr - Decentralized Social Media and Bitcoin w/ William Casarin (Bitcoin Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 4 January 2023

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

IN THIS EPISODE, YOU’LL LEARN: 01:54 - So what is Nostr? 03:50 - It seems like the protocol is optimized around simplicity, is that it? 06:30 - What does this look like 5 years from now? 10:38 - What other application might pop out of this? 16:19 - What are all these clients interfacing with the protocol? 26:11 - What concerns do you have about open speech on sexual, racial, or explicit things? 28:06 - How do you remove centralized servers with something like this? 33:45 - Can traditional social media companies benefit from using Nostr? 38:24 - What would someone's incentive be to run their own relay? 45:46 - How does this all tie into Bitcoin? Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. More information about Nostr. William Casarin's Nostr Account Pub Key: npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s. William's Damus App webpage. William's Twitter. Astral.Ninja (for creating a Nostr Account). Verifying your Nostr Account: NostrVerified.com. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Bluehost Fintool PrizePicks Vanta Onramp SimpleMining Fundrise TurboTax Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0	You're listening to TI-P.
0:03.0	Hey everyone, welcome to this Wednesday's release of the Bitcoin Fundamentals podcast.
0:07.4	On today's show I have a person taking the world by storm and that's Mr. William Kasserin.
0:12.3	For many years we've heard the promise of a decentralized social media platform, but
0:16.1	up until recently there really hasn't been a project that has showed much promise.
0:19.8	Well, in the past year there's a new protocol called Noster that is being developed that
0:24.5	lays the foundation for sharing encrypted messaging traffic across decentralized relay
0:28.9	nodes.
0:30.0	This protocol which doesn't require or have any native token, crypto tokens that's
0:35.0	linked to the protocol is demonstrating an explosive growth rate in new users.
0:40.2	What's the advantage for something like this you might ask?
0:42.8	Well, in traditional social media that we're accustomed to, you can be canceled or have
0:46.8	your account deleted for having thoughts or opinions that differ from that of the centralized
0:51.0	gatekeepers like you see in today's social media.
0:54.2	Our guest William Kasserin is currently building an application that interfaces with the Noster
0:59.4	protocol called DEMIS.
1:01.7	On today's show I talked to him about this new and exciting space and how the Bitcoin Lightning
1:06.0	network is offering an immediate and friction free way for people to provide tips and financial
1:11.6	incentives for people using the free and open decentralized social media network.
1:16.3	I think you guys are going to love this one, so sit tight and here's my chat with William.
1:20.8	You're listening to Bitcoin Fundamentals by the Investors Podcast Network.
1:29.4	Now for your host Preston Pish.
	...

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