FREE SPEECH IS NGMI - podcast episode cover

FREE SPEECH IS NGMI

Oct 09, 20241 hr 18 min
--:--
--:--
Listen in podcast apps:

Episode description

We tested alternative social media platforms and the results were… not great. Find out what we think of Nostr, Farcaster, Urbit, Truth Social, and BlueSky!


Support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys  


Or become a HMPatron: https://www.patreon.com/HellMoneyPodcast


FOLLOW HELL MONEY PODCAST:

→ Twitter: https://twitter.com/hellmoneypod

→ Casey's Twitter: https://twitter.com/rodarmor

→ Erin's Twitter: https://twitter.com/realizingerin

→ Podcast Links: https://hell.money/

Transcript

Foreverrative. out of here, I'd be like Aaron would be like, you want to record an episode of the podcast? I'd be like, fuck, no. Like, I think the main thing is that we just couldn't pay our editor, which like if I had to edit these episodes, they wouldn't happen. No, yeah. Do you think it's you that would be out, but it'd be me. Yeah, it'd be both of us. Yeah. So you keep the wheels turning. And also we were invited by

Patreon to visit their headquarters. Oh, yeah, how is that? It was like the biggest nerds you could possibly imagine. We're a lot of girls or no. That's what I would expect. Yeah, it was maybe 50, 50. The gender ratio was maybe 50. For San Francisco event. Yeah, I know. That's not unheard of. Yep. My favorite guy there was somebody who had a Patreon, which is entirely kink and recreational hypnotism. That's awesome. Yeah. And I looked at YouTube video that he had.

You watched his videos. I watched his video. I'm a fan. You are now a patron. That's right. But he has a video that has like 65 million views on YouTube. What is it? It's just like some hypnosis video with no video of him. It's just like literally like a spiral. And it's some nerdy guy talking over it. What's the kink? Like what are the kinks? I think this I don't think this one was a kink. I think it was just like hypnosis. Yeah, like you you fall asleep hypnosis. What is kink?

Hypnosis. Kink hypnosis is like, oh, you're like a sissy boy. I'm like, how is it going to do a sissy? It's second person. Second person is what makes things hypnosis. So it's the fact that they're like you are a sissy. You are like it. Yeah. So it's ingraining your kink even deeper. I like you're like, I'm not an expert. I need someone who's making videos that makes me more embedded in my kink. I I I don't know. You know, I don't know. I'm not a erotic kink,

enthusiast. That was a lot. Because there's definitely like there's a huge contingency of like Twitter or no, sorry, TikTok guys who have sexy voices. And then they'll like. This guy does not have a sexy voice. That's what's interesting to me is like you think you'd need a sexy voice. You do not. Right? Like, but because I think that's like the most popular. Well, I mean, I'm just

like, I don't actually know that this is true. But like, I feel like men with sexy voices, like reading romance novels allowed is like a very obvious niche to hit as like a only fans equivalent for men. You know, women are not visual creatures in the same way. They they just want to hear like the deep British accent reading Twilight to them. Right. Yeah. But it doesn't really sound like this is the guy that you met. No. But good for him. I figured out

his niche. Honestly, like our niche probably sounds as stupid to him as they gave us a little card like with our three like areas of improvement. Let me stop recording and just go into my photos. Keep recording. Show them your photos. Oh, did I? Yeah. There we go. So our marketing is exceptional. What does that even mean? I think that these are the three parts of the funnel is marketing conversion and retention. So marketing is like how many people

can you drive to your patreon? Conversion is how many people can you convert actually signing up to your patreon? And retention is once they've signed up, how do they say signed up? Probably because we don't. Our retention is okay. It's healthy. Opportunity. And our conversion is an opportunity. Healthy. That's healthy. Oh, no, no. Yeah. Retention is healthy. Yep. That's interesting. I wouldn't think our retention is that healthy. But you know,

it teach their own. I mean, conversion makes sense because I think it actually points to the fact that retention for the average patreon, there's much more churn than ours. Yeah. They like lose 50% of their members like a month after they sign up. Yeah. That's probably something like that. We're in the wait, up percentile of creators like what percentile? Top 1% stop. Yeah. Really? Oh, easily. Can't you like, of course. Yeah. Okay. That makes sense. Yeah. Yeah. I mean,

just because the vast majority of creators like don't don't earn anything. So we're in the top 1% we're just reporting our success. That's the end of the episode. Yeah. That's it. Thanks guys. Get fucks 99% of other patreon creators. I mean, I can see how we definitely have an opportunity for conversion because we like you sign up for a tier and you get the same thing. Yep. As far as patreon. Also, you sign up for the patreon and you don't get a lot. Let's be real.

Like you get the episode like slightly early. I mean, yet we could make the episode we could have an a longer patreon exclusivity period. We could have like a one week patreon. We don't post enough. I mean, Casey, I feel like we should start hinting at what? What? At hinting at what? I don't want to say. I'm hinting at the same thing that we're hinting at when we created the stardew farm named Roondrop Farms. Yeah. I'm just saying that, you know, there might be conversion opportunities that

don't exist within the patreon platform itself. That's right. It's possible that if you're signed up, there might be some sort of bonus. There might be other things. We might come up with some sort of bonus. Yeah. You know, you know, you never know. You never know. So anyway, thanks to our patrons. We love you guys dearly. Yep. What else we have another update, right? There's some current events. News. Let me let me start recording again. Okay. And actually, let me I have to go. Okay. Anyways,

yeah, this is my alt orfius orifice. It wrote Haiku like every 10 minutes or every day or something for a long time. They're really bad. The Haiku is really, really bad. Yeah. They're not good. Oh, but it's already docs in the sense that it's rodenwore.com slash orifice. Yeah, you can see it. So you know, but yeah, let's go to mononautical mononaut. Mononaut has an amazing count. One of the best accounts for like deep dives into the mempool and bitcoin and transaction types.

And also new features for mempool.space. I think he works on mempool.space. Pretty sure. Yeah, right. I thought he created it. Maybe I'm just giving him the credit because I just I just mononaut created mempool.space. You heard it here. Yeah. Yep. So yeah, so it's interesting. We've had relatively low fiorates in the mempool, but it's still about a hundred blocks deep. And what that means is just like there's all like what it's probably like three sats per

v byte about like last I checked it was around there. So go check it out. So yeah, the fiorate is right now. Let's see if it's three. Six five. Yeah. Yeah, it's like around there is two sats per v byte and then five. Yep. So yeah, okay, let's let's say that the the mempool is like approximately three to five sats per v byte. There's all these things that are sitting there like one sats per v byte two sats per v byte. And they can be sitting there since forever, right?

Yeah, we have a hundred blocks of transactions, which is kind of insane. I mean, it's insane that we have low transaction fees and then a huge backlog. I think this might kind of be the state of the world from now on. It kind of used to be that fees would get low and then the mempool would would clear. But if you look at the at the at the graph of the mempool, you can see that like, okay, we have been slowly churning through these like fees, these these transactions, but it kind

of doesn't look like it's continuing. It kind of looks like we've gotten down to the one sats per v byte band and we just see like, you know, transactions continue to appear like we're stuck at that level. I think maybe part of this is that runes inscriptions BRC 20, they create this like permanent backlog of transactions that people would like to make unlike Bitcoin itself where I don't think that there is that permanent backlog. No, you don't want it to be like, hey, I'll pay you once the

mempool is chilled or you don't just like, you're not like, oh, it's cheap. Let me move my Bitcoin from one wallet to another like whatever. Yeah, actually, I mean, I guess what we're looking at. So I assume this is like the happening, right? Like right around here. Yeah, I think that's right. That's what happened. So this is the happening and then CC all these like, is that April is at the happening? Yeah, April 19th. Yeah. So like in here, so there was like kind of high fees leading up

and then I assume this was the happening. Yeah, this is happening. And this was like some exchange fucked up their consolidation. Yeah, I remember that. Yeah. So you get these like, but then you can see like the underlying like the pink zone of this is just like, you have that one sat per v byte transaction. Yeah. And that's we're now starting to like clear those. So that's what Mon and Aude is basically looking at and these tweets. Like what's left? Yeah. And so yeah, it's really

interesting. So here's the color coded. Here's the color coded sort of like transactions. So the the purple transactions. Wait, but this is the that's the current. Oh, yeah, sorry. This is the current block that's about to be mined. And then going from left to right and right to left and top to bottom, these are the things that would be mined if like the current block got immediately mined. And then a hundred more blocks got immediately mined. So why do you have like these empty blocks

right after these are not empty. So actually if you zoom in, you can see those are just small transactions. These are all ring minutes. On common goods. These are uncommon goods, mints. That's right. Yeah. And Mon and Aude made the observation that when these clear, they're replaced by more. Oh, yeah. So so it's not just like these get mined and they go away. It's like now it looks like at the top of the at the top of the bottom of the mempool, we have like sustained demand for

uncommon goods. You can see yeah, if you like actually zoom in, you can see all the tiny transactions in here. It's not actually blank. Exactly. So basically you have so I wonder will anything then be cleared under that? That's that's kind of what I'm saying. That's kind of what I'm saying about this graph is that it's like we have this like downward curve when we get downward slope when we get to one-sat per v byte. But then it looks like it's kind of like stopped out there. It's just

going to yeah. And it might be that people will just continue like putting in their their one-sat per v byte uncommon goods. I mean, I think this is like it is kind of the the thesis of like runes inscriptions, whatever kind of like providing this baseline playing out nicely where like, you know, a lot of maxes were pissed off because they were like, man, now the fees are going to be 30 to 50 sats per v byte anytime that I want to send one of my Bitcoin transactions to buy coffee at a cafe

in Africa. But like in actuality, it's just like providing this baseline. Maybe like where the market decides it should be, which is probably not 30 sats per v byte. Yeah, exactly. So there's all these uncommon goods or whatever mints that are in like the next couple blocks. So they're probably at like what to it's I think they're probably at like 1.1 sat per v byte or like, you know, whatever whatever is to get above the vast bulk of of all this trash. Yeah, I wonder like truly who is

the uncommon goods well. Yeah, yeah, yeah, I really need to post an address and just beg people to send me some uncommon goods. So I have some. I really want to do like, I mean, I've been talking, I want to do an ordinal's poker something because I learned to play poker in Bali. Okay, and I love it because it's like a combination of strategy and social. Like I mean, that's probably

apparent to everyone, but I just hadn't really played it before. Oh, yeah, yeah, it's all it's like the strategy part like if you have perfect play in the sense of not taking into account like what other people think, but just like playing with perfect strategy. Like stats. Yeah, but but but not

taking into account the social aspect. Yeah, like you will not do you will not do very well. Yeah, and and they started making bots that play poker very well, but they those bots take advantage of what other people think and those expectations and they perform much better than bots that don't. But yeah, so I was like, well, maybe we could do like an ordinal's like uncommon goods poker. I mean, that would be sick. I want to do a poker tournament where you have to buy in with uncommon

goods and the pot is uncommon goods. Yeah, I think we should do it in Vegas. I think it'd be really fun. You know, more on that later, but yes, I mean, in that case, whoever's the uncommon goods whale can provide liquidity to the ordinal's poker. That's the utility. And then looking at some other things, let's look at these. Wait, so yeah, actually, we didn't talk about the colors. So yeah, yeah, so orange, which you can see here, the little one. It's really hard to talk because they're small,

but these are runes, mints. So you can see not a ton. It looks like I have 123 and then maybe some here. So like maybe like five or six blocks total of of runes, mints for the blue, the blue are just normal consolidation transactions, like doing like Bitcoin consolidation transactions. The yellow are inscriptions. So we actually have a kind of healthy amount of inscriptions in the mempool. We've got like, you know, five, eight blocks, 10 blocks of inscriptions, maybe all told

waiting. They're they're going to be waiting for a while. Like it looks like these are probably pretty old. Like I'm guessing nobody put these in recently. They'll just be happy someday when they're like, oh my god, I got to inscribe. They'll have lost their wallet and they're epic inscriptions are gone. So on the digital megalith. Yeah, yeah, that's true. You know, and then obviously we have these purple transactions. Pink, pink, fuchsia.

That is not. It's not it's not it's not pink. It's not purple. It's fuchsia. It's like fuchsia. Like hot pink, like a watermelon pink. Fuchsia is also still pink, I would say. It's fuchsia. It is like, definitely fuchsia. Yeah. Okay. And fuchsia is pink purple. Not so, you know, I would say it's a warm fuchsia. Okay, it's a warm fuchsia. Fair, fair, fair hot fuchsia. Let's go to hot fuchsia. So all of these hot fuchsia transactions, these are actually all

consolidations of the output of BRC 20 mints. So they're consolidating their UTXOs from BRC 20 mints? Yep. And this is one of the, so the reason that these consolidations happen is because when you do BRC 20 mints, you wind up with a lot of outputs. But those outputs don't actually contain the BRC 20 tokens because BRC 20 is an account-based system. So let's say you go and you mint some SATs token, some SATs BRC 20. That token, the tokens that you mint are credited

to your address, which is your like account. But they don't actually sit in the UTXO that was created by the transaction that minted those tokens. This is where I'm confused because I thought it was that you make the inscription, right? You mint the BRC 20 and it's inscription, then you have to transfer the inscription around. You do, but you only have to, the transfer of the

inscription only matters for the first hop. So you create this like mint transaction, you transfer it, and then the address that that transaction winds up in is credited, let's say 10 SATs tokens. But then in order to move those 10 SATs tokens in the future, the address does not actually have to like move that UTXO. That was created. But what about the inscription itself? It's garbage. It doesn't contain the token. So then when you sent, so you say like my address, let's say you have

one address that means, and you send it to another address. You send the inscription to another address. How do you then send from that address to another address? You created a new inscription. Okay, so it's a totally fresh inscription. Totally fresh inscription. So then that inscription from before is now garbage. Exactly. So that's what's being consolidated here is basically like, imagine that you're moving a BRC 20 around, you know, you're trading it. Basically you're moving it from

one address to another to another to another. You're left essentially with each step of a dust UTXO, which is an inscription. Exactly. And so that's what these people are doing. Or it's, so maybe, so it could be, I mean, we were talking about this before we recorded and you were like, oh, this is probably like an exchange or something. Yeah, I then it could be, right? Yeah, I don't think that these are users. I don't know if user, if like any services, this is something I'm

curious about. So me and Aaron talked about this before the episode. I said, oh, these are probably like exchanges or like big mentors who have done this and wound up with wallets that they control that have a ton of these garbage UTXOs. But it's also possible that there are services out there where users are given the option to like consolidate their UTXOs. Yeah. And I'm kind of curious which it is. Like, are these just exchanges or are these users that have access to the tools that allow

them to consolidate their garbage UTXOs? I would say it's probably a combination, but it's probably mostly either an exchange or like a big player or something. That's what I think. Right? Like someone who's offering this as a start like, because if you're trying to trade your BRC 20, then like the exchange or the whoever has to like make that new, you, I guess you don't send them the inscription

though. This is where I'm getting like caught up where the inscription is created. Yeah. When the inscription is created, like before it moves, it, you know, morally contains the BRC 20 tokens. But then it's transferred and the address that it's transferred to that address, not that output, is credited with those tokens. And the inscription like no longer contains them. It's like a vessel

that moves them across one hop. But after that one hop, it's empty of the BRC 20. So this is where I don't understand is like, I don't think it would be, I don't, for my understanding is like none of these exchanges are really like custodial in the sense that like, okay, you know, you're trading, you're selling your BRC 20 for some amount of Bitcoin. That new inscription that is the transfer inscription is then moving to some other users wallet. Yeah, or it's not moving into the exchange.

Or for example, what this could be is that if you have a non-custodial wallet where you control the UTXOs and you want to transfer your BRC 20 tokens, you will have to create an inscription and send it to the exchange. So these could be the result of people transferring their inscriptions to exchanges. The exchanges then hold all these garbage UTXOs and the exchanges consolidate them. Yeah. Even if the users like never consolidate. Yeah, I mean also actually what this makes me think

of is I don't think that a pretty sure block space media already broke this. I don't know if anyone literally cares, but I guess like UniSat was like minting sats in addition to all of their BRC 20 then there's something I don't take me as the new source just go to block space media and ask them. Air is true. It's everything she says is true. Everything I say is true. But I guess like UniSat was

minting sats whenever anyone was sending or like minting some other token on their platform. So this could be like UniSat or something that now has all of these sats inscriptions that they could be. They could be. And they don't need this anymore. Yeah, although actually like what I just said, I actually think that's really likely like anytime a user transfers tokens to an exchange to sell, they're going to create a new inscription UTXO that's then after the transaction going to be owned

by the exchange. This is where I think I'm confused because I thought that it would just go directly to the person that you're selling it to. But let's say they want to sell on an exchange. Isn't that still just you're selling to someone else's address? Aren't there aren't there aren't there custodial exchanges where you transfer BRC 20 tokens onto the exchange like Coinbase, you know, where you send your tokens to the exchange on the exchange you sell them to another user.

But all that happens with maybe. Maybe because I guess Coinbase would be like Coinbase has listed I think already in sats right. No Coinbase doesn't. Or Binance maybe. Binance listed maybe both of them. Yeah, this could be Binance. So it could be Binance. Yeah, because I think I don't think UNESAT is works that way, but certainly Binance does. So this could be Binance. And wasn't Binance the one who had the crazy like fuck up fee transaction from June or whatever. I do not remember. I thought

it was that could be. But in any case, let us know if you know any more T about this. But it's, I mean, what's the lesson here? Well, so the lesson here is that BRC 20 is really wasteful because BRC 20 is sort of a combination of the UTXO model and the account model in the sense that

you have to create UTXOs to do anything you want. But then after you create those UTXOs, after you do those operations, the tokens are credited to your account and those UTXOs that you created, that you created, you're not interested in them anymore because they're just these dust Bitcoin UTXOs. And I asked Mon and not on Twitter. And he sort of confirmed that like we don't see this with runesments because when you create, when you mint a rune, the, your runes are in the UTXO that

is created. They're always in UTXO that you just create, that you created. When you transfer them, you have to destroy that UTXO and create a new UTXO that creates, that contains those tokens. And so you just don't see this kind of behavior when people mint runes what they wind up doing is they wind up consolidating as they go. They do some mint transactions, which creates some outputs with runes. They consolidate those into another output that contains all the runes from those outputs.

And they, they keep doing that going forward. So it's, for me, it's kind of nice validation of my sort of idea that runes would wind up being less wasteful than BRC20. Yeah, I think I didn't really realize that, I mean, it makes sense when I think about it deeper, but I didn't really realize that every time that you, I, I thought of it like you make the inscription

that is the BRC20 and then you have to transfer that inscription around. So that like the, like it's worse than I thought, I guess is my point because I thought it was just that it was creating all these inscriptions, aka these like very small, you know, 546 sets, like UTXOs or outputs that then you can never, no matter how many BRC20s you own, you can never like consolidate them

to like one UTXO because they're the, all that, but it's not just that. Yeah. It's that you also have to make a new one and then you have a trash UTXO just sitting around that you then have to consolidate in this way. Yep, that's right. Yeah. So it's worse than, than I thought. Yep. But good confirmation of your thesis. Yeah, this made me think a bit about like I really wish that the Bitcoin Maxis would say some, the toxic Bitcoin Maxis would say some nice things about

inscriptions and runes. They're not sophisticated enough. They're not, but the thing is that they always criticize, they, they, you know, there's some valid criticisms of runes and inscriptions, which is like, this is a garbage speculation. Like, this is like, you know, a side show, like, this is just bullshit. That's, you know, maybe true, whatever. Yeah. But there's also all these other things that they complain about when they, when they look at some protocol, they'll complain

that it's centralized, right? They'll go, oh, look at that protocol. It's not centralized. Well, guess what? Runes and inscriptions are totally fucking decentralized. They're as decentralized as Bitcoin. They've got like an open source implementation that like anybody can run with, and we also have the very same, extremely conservative development style as Bitcoin core. Maybe we're not as conservative

just because, you know, we don't ever shit together as much. But, you know, we don't make non-backwards compatible changes. We're incredibly conservative with adding new functionality. So they make all these criticisms of other things like, oh, it's centralized. It's complicated. The consensus is really bad. There's some like core token and the protocol. But then they don't acknowledge that, like, okay, like maybe ordinal inscriptions and runes still, there are things that you can

criticize. But hey, look, it's a massive improvement on all these other things that you people have been talking about, like forever. You've been complaining about X, Y, and Z, ABCD forever. And runes and inscriptions and, and ordinals are better for A, B, and C and like not as good as D. And then you just like switch to like fully complaining about D and you like never mentioned A, B, and C again,

even though, you know, you had been complaining about them for a long time. Well, some people don't really care about solutions. They just want to complain with like minded individuals, which kind of gets us into our main topic. That's right. So yeah, so yeah, so moving on from the, the mempool check up. Yeah, we're kind of done. Yeah. Okay. So yeah, getting into the main topic of our episode, which we didn't say at the beginning, but whatever it's, we try to alternative social media

platforms. Yeah, alternative and decentralized social media. So what got me thinking about this is I have been like a noster hater for a long time. Yep. And I've kind of been a low key noster skeptic for a while as well. I've been like pretty low key about it too. I would say, but what's gotten me fired up like she's fired up people. I'm fired up about it. That is a most mistake. That is most mistake. Why why are we why are we like to get fired up about noster?

Who is that fired up woman? What gets me annoyed about noster is that I think like there's no one has like a deep understanding of why they're on social media or why anyone would want to be on social media. And that's not to say people don't of course they do. You know what I mean? Like there's a reason why people check Twitter every single day. There's a reason why people

post on some platforms and not others. But I think like in order to create a really good new social media platform that's going to compete in any way with the existing ones, you have to like actually think deeply about why anyone would want to use it. And my issue with noster is that I feel like there's not that much thought put into why someone would benefit from posting their content there.

For example, like for us posting our hell money episode there versus like just because it's on Bitcoin, you know, and I think like in general, I mean the sites that we're going to cover today are not all Bitcoin. They're mostly not Bitcoin. But noster was like the genesis of this idea is like I think that a lot of people who build on Bitcoin, they in their own way think that they're Satoshi. They think build it and they will come. And what I'm building, it must be as good

as Bitcoin because it's on Bitcoin and I'm a Bitcoin or with Bitcoin ethics. And so because of that, it will take over just like Bitcoin has taken over. And I think like the people that I that have really tried to convince me about noster, that's the perspective that they have is well someday everyone's going to want decentralized social media because question mark, you know, they just think like that that will be a decentralization is the goal for everything just like Bitcoin.

And like, you know, the sort of like ways that they couch that argument and like real arguments is like, oh well, just wait till you're censored off of Twitter and you have nowhere else to go. I mean, what am I posting on Twitter that I'm going to be censored for my astrological content? I mean, we're always you're always teetering on the edge. I'm always teetering on the edge. You should see my drafts. Like, it's like, yeah, it's this idea that like someday, you know, the

social social media sensors will come for all of us. And so you better be on something like noster as basically like a like a like a doomsday prep for that moment. And they argue that that's why people have Bitcoin. Like, because I've I mean, I argued with someone about this when I was in Singapore, I won't name who Raf. He was like mostly just playing devil's advocate with me. But like, you know, this this idea that like like I was saying like, well, why would I need to do this? Like,

I'll do that when I need to basically. And he was like, well, you sound like a fiat person talking about why Bitcoin isn't useful. And like, my thing is like, okay, maybe there is, you know, 0.1% of Bitcoin holders, users, whatever that are like true cipher punks and they're like into it because it's like cipher punk. I would say 99.9% of the reason why people hold Bitcoin is because of the speculative value. Absolutely. 100% number go up number has gone up. And so they're interested in

that. There's there's ideological, you know, there's ideology contributes. You know, for example, like one of the reasons why I got interested in Bitcoin and got excited about Bitcoin was from an ideological perspective. But if I had still had that like ideological motivation, but Bitcoin was actually somehow this perfect, perfect stablecoin that ever gained and lose that lost value, I would not have like bought a bunch of Bitcoin and then become became invested in its success. Yeah.

Right. I would have been like, Oh, this is cool. I hope eventually I can use it to make payments. But I wouldn't have been like, Oh, shit, now I'm a bag holder. Like, I love this. Yeah. Yeah. Yeah. And like, I think people underestimate like, that's a big reason why a lot of you are fucking maxi's is because you think someday you're going to be rich. Yep. Okay. Like if you pretend that's not a reason, like, I've never met a person that didn't think that. And like, that's fine.

That doesn't have to be your only reason. And also that's why that's the fucking, that's the capitalism pill that like the reason capitalism works is because everybody is individually incentivized to do things that contribute to group success, right? But and it doesn't, you're not, it doesn't matter whether you're incentivized through some sort of noble, you know, high-minded goals or whatever. It doesn't matter. You're incentivized. And then it leads to good things. And that's great. And we

shouldn't care about why people are incentivized. Well, I think you should care about why people are incentivized if your goal is to make a successful thing. And so you want to like align. What I mean is you want to care that people aren't incentivized. But it doesn't matter if they're incentivized out of self-interest or not. Yeah. Yeah. Yeah. And I mean, this is kind of the lens through which I think I'll basically be reviewing like all of these is just that like, yeah, I think that

there's, there's specific reasons why people participate in different platforms. And I think that's a huge reason why something like TikTok is able to go from zero to the most used social media platform, like, in existence right now because the incentives are really good to use it. And like, there's different incentives for users versus creators, right? And like, I'm not saying that every platform has to be like TikTok, which TikTok's incentive is that its algorithm is incredible.

And so as a creator, you can post something on there and it'll be seen by way more people than it would on literally every other social media platform, like pretty much as a base. Which is interesting. I don't think that people appreciate this. Like when you are a small account on Twitter and you post something, nobody will see it. If you're a small account on TikTok and you post a video, the algorithm will experiment with showing that video to people. They'll kind of give you your

fair shake at getting some engagement and reach. Like if you post, if you're a random account, you post a random video, you'll get like 100 views, right? Yeah. Yeah. And that's like if someone's investing their time into creating, which like, I mean, you could say some social media platforms just exist for people to talk to their friends like Facebook is like that, right? Yeah. There are, of course, people that view Facebook as like a platform on which to create, make money, whatever.

But probably the majority of Facebook users are people that want to connect with like their friends, family, whatever. That's one thing. You know, you can have like your social media platform that's just designed for like, this is a niche place to hang out with your friends. And that's the goal. But at this point, people that are making high quality content, like putting effort and time into their content, like filming a podcast, editing it, writing a whole blog post, whatever it is,

they want payoff for that. They want algorithmic reach. And so like, whatever, I mean, we should just get into reviewing these. Well, before we get into this, like, so it sounds like you're like sort of a top downhater, you know, you're like a big picture hater. So I want to contrast that with, I agree, and contrast that with what kind of hater I am. So I'm actually a bottom up hater. Like, I see these platforms and I see all these like weird paper cuts and like user experience failings.

And I'm like, it kind of doesn't matter. Well, to some extent, it doesn't matter how good the big picture is. Like, you're not going to get people to do this shit. You're not going to get people to like manage their fucking keys. And we'll go over the specifics. But like, listen, you can't have something that's like theoretically big picture better. But then have all these weird ass paper cuts

that users are going to encounter when they actually try to use their shit. So I just want to, you know, underscore, we have sort of different approaches to why we are our hater attitudes. Yeah. And we're reviewing noster, farcaster, urban, truth social, and blue sky. We didn't look at math. We thought about doing that stone. We didn't do that. We should get started. Let's get

into noster. Since we're already kind of talking about it. So I will say, let's talk about, yeah, we tried all of these and we made accounts and we will be posting this episode on all of these. So if we talk shit on your platform, but we're posting on your platform, hey, send us a proof to us that there's some fucking incentive to be on your platform. But yeah, I mean, we started with noster. So noster does not have a canonical app through which to engage with it.

Right? There's different. There's a bunch of different apps. That's right. Yeah. And correct me if I'm wrong. Noster is like an open source protocol. And then it's like ordinals, right? Where it's like you build this open source protocol for a social media network. And then there's different companies, people, whatever, who have then built ways to access it or to use it. Right? Yep. So which which client to be used? We use Domus. Domus, which I think is the canonical one.

Yeah, it's the it's the I it's an iOS client. It's very polished, reasonably polished. Kind of recommended other ones, but Casey wouldn't use them. Yeah, that's right. Yeah. So we use Domus. Um, I mean, should we go through our list of complaints? Yeah. I mean, so this a lot of this aligned with my bottom up, Heyterdom. Yeah. Um, so like you can't to lead a post like that's kind of weird. It's crazy. Yeah. Like I mean, even if like I understand

sort of why because uh, noster is a relay based system. And so when you create a post, you send it out to a relay and then other people download it locally. And so you can't force somebody else to download your to delete a post, right? They already have it. They already have a copy of it. It's an open source protocol. However, like I made some random shitty post as like the first post. And I was like, Oh, I should delete that and create a better post. And the other users,

they don't benefit from seeing that crappy post. So there should be like delete functionality, even if it even if you can still see it, even if like another user can be like look at the deleted post from this account, sometimes people delete post because they're embarrassed of them. And like you actually still want to see them. But other times people delete them because they're

just crappy. There's a typo. Yeah, there's a typo. Yeah. And so like those posts, most people would opt into those posts being hidden or those posts being in some sort of deleted posts feed for an account. So seems like. So this is the kind of thing where it's like these little like weird missing features. Then I'm like, okay, like why? I mean, I can't imagine like why from a user perspective, would you ever want to be on Twitter where you can't delete your tweets? Right.

Like why? And like I think there's this like a cipher punk like censorship perspective where they're like, well, we don't want all the people that we're at the ditty parties to be able to delete the evidence. Okay, but that person has a user wants to do that. So it doesn't fucking matter what you as like a personal investigative reporter wants to do. Like it's about the users that are actually posting and creating value on the platform itself. Not you as some like, you know,

fucking cipher punk observer. Yeah, you lurker. Yeah. There are other weird things like you can't add photos by the fault. I couldn't figure out the Dommis app. Like it could sort of like pop up my photo library, but it couldn't actually select and like include one. How the fuck am I going to be on a platform where I can't post my GM selfies? I know. Yeah. Yeah. And I think this is because like relays aren't hosts by default. But I mean, like the Dommis app just needs to run an image host

in order to have any sort of functionality. It's crazy. For some reason, the photos are blurred by default. Probably because you can post anything, right? Yeah. I wonder if this is some weird like app store thing like the Apple app store is like, oh, if you can't like censor things, then they have to be blurred by default and people have to like opt into seeing them. Probably because I know Dommis did have drama with the app store, right? So and the fact that they were on

the app store was surprising to me. So I feel like that also that my guess would be it's something like that where it's like you you need to have some sort of filter on content. Yeah. And image like it's probably the worst offender of that. So so yeah, when like literally our experience of like being on Dommis was like scrolling and everything. It's just a blur and then you have to click in order to view the photo, which is insane. Yeah. It's also a ghost town like the people get

no likes. Their accounts just posting it to the fucking void. But I think that's what Noster users kind of want in the sense that like I don't they don't they want engagement. Everybody wants engagement. Everybody wants engagement. That's true. But I think like there's something I mean, it's it's the Bitcoin Maxi platform, right? Like I think it's it's a lot of people that really should just be in a group chat with each other. Yeah. And it is true that when you post like

some fire message in the group chat, you do want people to flame react. But it's like the important aspect is that like it's just you and your friends in the group chat. So I feel like that's kind of who Noster is appealing to. And then what we're just like sending Sats back and forth amongst our friends. Yeah. Bitcoin circular economy. Yeah. Yeah. That Bitcoin circle, circle, circular economy. Exactly. Yeah. Random other complaints like the zap button doesn't work. For some reason,

we're following ourselves like why? It has to be some sort of technical reason, right? I don't know. Maybe it's just a boost numbers. Yeah. Searching for names doesn't work. And like I know why this is like there because this is a decentralized protocol, there is no like your at your your your like the equivalent of your Twitter at your username is not global. Anybody can sign up, I think, for any username. So you can't search for usernames, especially if somebody is on a different like

relay or not using domus. I think Domus itself might have some sort of like at Domus like account. I'm not sure. It did have I definitely we could search, but the search didn't work. Like I tried looking up denim, who's like my friend that is trying to get me to post on Noster. And I looked up denim, which is his display name on Noster. And it didn't pull up any like you should be able to see like the the 10 other denim or whatever, right? Like denim and joy are who's just posting

blue jeans on Noster. Whatever it is. But it's like I should be able to see that. I mean, that just seems like. And I mean, now we're just kind of shitting on the app. But that's but that's but some of these are things which are inherent to the protocol. Yeah. This thing that usernames,

they're not globally unique usernames. This is actually a massive fucking problem. Every platform that people actually use every single messaging app, every single social media app, phone numbers, like the telephone system, email, the worldwide web, which has like domain names, all have a globally unique human readable directory of names that people can like type in and search. Well, what about Bitcoin? That's fine. Bitcoin doesn't need it because it's not a social media app.

It's not any of these things. I mean, I think that's like that's the argument I've heard is like I'm like, I'm not giving people my end pub like yeah, the idea that you're like posting your end pub on Twitter. The thing is that the only way for people to find you on Noster is for you to post your end pub on Twitter so they can search your Twitter username and then add your Noster end pub. So like if

you get kicked off of Twitter, you are simultaneously getting kicked off of Noster. Like this kind of shit, like you can't have a system where people post end pubs. You fucking can't. You can't do it.

You literally can't do it. Like this is enough to kill Noster. Yeah. And also like okay, so if somebody, I think actually this gives us a good segue into the next app, which is Farcaster, which is like Noster, but for Ethereum, which is kind of Noster for Ethereum people, but Farcaster does solve some of these problems in particular because creating an account is like an on chain action, they do have a globally unique directory of usernames because they're recorded on Ethereum and

there's some sort of way that you like are not able to get the same name twice. So this means that just basic usability is way better. For Farcaster, we used an app called Warpcaster, which I've got to say is as good as if not better than the Twitter client. Whereas Noster was like a slightly worse version of the Twitter client, which had a lot of weird paper cuts, Farcaster is better. And it also didn't seem like a ghost town there. That's the other thing I think,

this is I think a bottom-up critique that also plays into the top-down critique. But if you're thinking about user acquisition, you have to think about the workflow from getting someone who doesn't know about what your platform is to getting them to use your platform. And part of that is when you sign up for an account, you should see something that makes you want to stay. And I will say the difference between Noster and Farcaster for that was extreme. Noster, we just saw our own page.

Right. And like, Farcaster, you see instantly, you know, an algorithmically generated feed of people that are actually posting things on Farcaster. I also think that this has a different, an interesting, this is due to a difference in the community of people that they are pulling from. Which is that Noster is kind of pulling from Bitcoiners and Farcaster is pulling from Ethereum Web 3 people. And I think Web 3 and Ethereum are complete fucking bullshit and like absolute trash.

But the reality is is that these Web 3 people, they fucking use Web 3 all the time. They have like a bunch of weird ass wallets. They have fucking metamask. They're used to dealing with all these like, weird ass protocols. They'll sign up for like, weird bullshit because it's like some Web 3 bullshit. And there's like, hype around it. Bitcoiners don't actually use Bitcoin very much. They just like stack their sats into their cold storage and like, they don't have some weird

like web wallet browser plug-in. They don't go like, oh, what's some weird Bitcoin app? Let me sign up for it because they don't need it. That's not like the use case of Bitcoin. And what is the use case of Bitcoin? Stacking fucking sats. Get number go. Get fucking rich. Literally number fucking go up. That's the use case of Bitcoin.

Anyways, but these Web 3 people, they're dog fooding the shit all the time. And I think that probably is why we saw that level of use and engagement because like, you're like Ethereum social media next big thing, download my app and Ethereum people are primed to see a tweet that says next big thing and then download an app. Where's Bitcoin people are just not? Yeah. Also, Noster is not related to Bitcoin. Nothing in Noster has anything to do with Bitcoin.

There's no sort of on chain anything. There's no connection to your Bitcoin address. You just happen to use SecPythe 256K1. The same elliptic curve as Bitcoin. That's the only sort of, it's like a loose cultural connection, not like a concrete connection. Do you think there's a benefit to building something like a decentralized social media platform on Bitcoin versus on Ethereum? No, not really because because again, like the benefit of building it

on Bitcoin would be censorship resistance. But we don't see the kind of censorship. We don't see social media censorship to the extent that like we care about. Yeah, I think actually that's like like and also like if you, whereas, whereas Bitcoin, the core value prop of Bitcoin is this like decentralized currency and that is actually something where you want to see censorship resistance.

It's actually something where when we've seen people create centralized alternative currencies in the past like Egold and Liberty Reserve, those things were actually shut down by the government. Right? Whereas social media, there's all sorts of social media. Anybody can build there on social media app. So Bitcoin versus Ethereum, the benefit to Bitcoin is neutrality, censorship resistance. But social media doesn't suffer from these censorship problems. Like people do get censored

on social media. I don't want to claim that they don't, but they don't do it in such a scale that there would be enough people to actually move to this alternative platform. I mean, I think it could be possible, right? Like that's the insurance like a reason to use some sort of decentralized platform is like first they came for the right wing Nazi posters and then they came for the e-girls posting their suggestive selfies. And I told them make sure to get all the e-girls.

But like I guess it's not that social media censorship couldn't be a major issue that would drive people to Noster, Farcaster, whatever. But I think like honestly Elon buying Twitter destroyed a lot of that value proposition. And I don't say that because I love Elon and think that he's like a hero for like Twitter is speech people. Twitter is way less censored than it was

in the past. And social media is a space where there's enough competition among social media platforms like large social media platforms that an individual large social media platform can take steps to make their platform less censored. And because of free speech protections in the US, it will make a meaningful dent, right? Yeah. And I think also like I mean just bringing it back to

the Bitcoin value proposition as a comparison. It's like if the government was doing a better job of managing inflation and its own currency, I don't think Bitcoin would have as much of a value prop, right? No, no. If the US government had a zero inflation or deflationary currency, there would be zero value. Well, there's still the censorship resistance and I do think that that in currency, in financial matters, there's enough censorship that it actually does benefit

people to use Bitcoin. But yeah, if the US government was like there's going to be 21 million dollars and not a penny more, that would obliterate a huge amount of the value prop of Bitcoin. I mean, it obliterates the digital gold like the system, right? Yeah, the number go up, the store of value stuff, which again, I think is like the number one value prop of Bitcoin and why

most people have it. So yeah, I mean, it's just like I think it's not to say that social media couldn't get to a place where you do want these like, you know, decentralized platforms where you're not censored. But even in that case, okay, why, you know, censored money versus censored speech is a different goal. So censored money, it's like, I want to pay you for something and the government doesn't want me to pay you for it. You and I still want that money. But like, what's the purpose of

having like uncensored free speech? Why don't I just go on the corner of the street and yell all of my ideas? Because no one will listen. And it doesn't fucking matter what I, what I can or can't yell on the corner of the street if no one will listen because the purpose of communicating it is to get it out to people. And so like, if the trade off for these decentralized platforms is that you're still yelling into the void, but now you can yell into the void and you can see your own

post, but no one else sees your own fucking post, it doesn't matter. It doesn't matter that you have that free speech. And so I think it's like, again, I keep going back to like wire people on social media in the first place. Like, why do we want free speech in the first place? Why do we, it's like because you want to reach people, because you want algorithmic reach. Like, get pissed off because it's stealing your attention or whatever, but like, your attention is valuable and clearly

you are willing to give up your attention for access to this algorithm. Anyway, let's keep going. Is there anything else on Farcaster? I mean, Farcaster just, it was better than most. It seemed like healthy. It seemed like there was so. I would put Farcaster in the same category as sort of like truth social in the sense that it seems like it has like a large dedicated user base and it works pretty well. Yeah. Never going to unseat Twitter, but yeah, works pretty well.

Yeah. Next one is Erbit. Yeah, next one is Erbit. Which is a different thing? Different thing. Yeah, but it is. Erbit is very much coming at it. It's value prop is very similar to Noster. It's like, look, you should own your own computer and owning your own computer in the Erbit sense is also a lot about sort of owning your own social media apps that you like run on that computer, right? And Erbit's sort of main thing that it's trying to deliver forever

has been that it's very easy to use. That has been sort of the Erbit claim. We want to make it easy to run a computer. Running a Linux box in the cloud is like too hard. Normal people can't do it. So we want to give you this solid state computer that you can run yourself. You can do all your social media. You can do everything on it. And the degree to which it fails to deliver that is insane. I've been following Erbit for a long time. I think there's been three times that I've

tried to use Erbit. One like very early on, one sort of when some hosted Erbit services started running out. And one in this most recent sort of attempt. Yeah, the other day. And it is so colossally bad on every dimension of usability. I have no idea what these people think they're doing. Like if you are trying to make a platform that delivers X and in this case X is like usability and simplicity, but that X, that goal is always something that is going to come just in the next

update. And you see no evidence of X being accomplished in the current state of the system. Bro, something's wrong. Something's really, really wrong. You need to give it up. So we went to urbit.com or whatever the main pages. We started looking at how to get started with Erbit. The instructions are fucking insane. The instructions are absolutely fucking insane.

And they're not just insane. If you know how to use computers, it's not like, oh, this is like the kind of setup that you would see for a normal social media project or open source project. Sorry, open source project. Like, or like getting started with ord. You go to ord, ord is hard to set up. But ord is hard to set up in a normal way for normal projects where somebody who's reasonably competent can do it easily. Erbit is fucking insane. Just this deluge

of like random fucking words that they made up. So it's from the guy who made up a bunch of random fucking words. That fucking stuck in our descriptive of the things that they describe. Okay. They're good words. I mean, I do think the thing that Erbit actually did do quite well is like the aesthetic idea of what they were trying to do. Right. It's like you, the words I think are fun. Like they may not work. They're incomprehensible. They may be incomprehensible.

But it is fun. It's fun. Every platform that we tried to like access Erbit through. Yeah, we couldn't click the buttons and have them do something. But they did look like beautiful landing pages. You know, like I think they have like they have the aesthetics and kind of like the right niche down. They just haven't filled in the technical stuff. Which is what the promises have been for the last 10 years or whatever, right? And I think like maybe this also is just

I've noticed like, you know, getting more into building tech products. It is very hard to find people who are technically minded and also have the style of brain where they can look at like the design and user interface of things and like make those two things work well together. I don't know exactly why. Maybe part of it is that like JavaScript sucks.

This is hard. They're different skills. Like people who tend to do front end tend to like if you if you're a back end person, like you can get a great job doing back end programming and do this fun stuff and never have to care about this other UI stuff. Yeah. Yeah. I mean, I think that's like I would say Erbit and Noster. Maybe those are the only two. I'd lose sky probably similar. I think the main issue for both of them is that like the the user facing side is bad. Yeah. It doesn't work.

And to me, like that makes sense from the perspective of oh, the people that are building on it are so ingrained in it that they don't really think from the perspective of someone who has no, like they can't put themselves in the brain of someone who has not used it before. It doesn't know what it is. It is like is now learning to use it. Yeah. I mean, Erbit people are effectively in a cult and they can't view things from the viewpoint of somebody who's not in that cult.

Yeah. But I think that's the same with Bitcoin Maxis, you know, like it's a similar thing. Oh, yeah, I think that's true. I think that's true. That's why they think everybody should, that's why they think like, oh, people should use Bitcoin for payments while ignoring the practical downside. But even like, you know, I use like like Sparrow, I think is a great Bitcoin app in a lot of

ways. But like I use Sparrow and I look at it and I'm like, what the fuck is going on? And like, I try to send multiple, you know, let's say I have like a lineup of payments I need to make. I try to make new payments and like I don't realize that I'm doing, I'm selecting the same UTXOs for those payments. So one of them works and one of them doesn't. I don't understand why like, like I can understand looking back at it. But I'm just trying to go through as if I'm sending a

bank payment right. And like that would never happen with a bank payment. And so I do think like it's it's a common thing with these nerdy platforms where it's like the nerds are into deep. They can't get themselves out of it. They probably just like need to hire like for someone with like, Erbit is toast. Erbit is fucking toast. Erbit has a different problem. I feel like Erbit is a Shikwan project. Let me let me let me let me let me just go through all the things that like to

not work for. Okay. Okay. So I actually had like three urban planets that I've like a coil over the year. Yeah. I'm an urban well. I had three urban planets with like passwords to them or master tickets in the like Erbit parlance in my password manager. Right. So I tried to get all three of these planets working with these like master tickets. Right. I fucking couldn't. I logged into this thing called bridge. And I put in my master ticket. And it was like, oh, this this

this planet is not like valid for this thing. The Erbit command line binary would not just accept a master ticket as a like argument that you could give it. It wanted like some fucking key file, which is a different thing. Absolutely fucking insane because Erbit is supposed to be this like, it's your computer. It's your computer forever. Okay. And if I saved my fucking like, you know, fond trip, lot jewel like, Erbit name. And I saved the thing that they called the master ticket

that they told me would always let me get my planet. And then I try to run the Erbit binary. And I can't boot my planet. Like that's fucking crazy. It's like the equivalent of putting your like seed phrase into a bit. And it's like what are you talking about? What are these random words? It's fucking crazy that they would get this wrong. Like absolutely fucking crazy. Okay. Great. So we can't boot a planet. So we tried to boot a comment. We needed to mind the comment. So it

like pinned my like CPU for like two or three minutes, like mining this comment. Like, okay fine. But a comment is still like a second class citizen. Like a comment is like a surf. A planet is like a real person on Erbit.com. The link to all the hosting sites was dead. They had like two or three hosting options, all of which don't seem to be providing hosting anymore. Like and this is on the get started with Erbit page. You like search for Erbit. You go to the first result.

You go to get started and gives you dead fucking links. So we couldn't we couldn't run the hosting site. So I downloaded the Erbit binary on one of the ordinals.com servers that was that's like backup server. I ran it. Okay. I ran that ran the Erbit binary after I ran the Erbit binary. My terminal fucking broke. I could no longer type in my terminal. It did some fuck it. It did some fucky like escape codes or stuff, something to like stop echoing terminal output and broke my

fucking terminal. This is fucking crazy. This is insane. This is like such like varsity league, like bush league bullshit. Like you do not break the user's terminal. You don't fucking break the user's terminal. Like that's fucking crazy. Like the shit that you would have to do is fucking insane to break the user's terminal. Okay. Yeah. This is okay. So you log into this fucking thing somehow after you like boot your fucking comment or whatever and you type help. Okay. And it

doesn't work. Typing help doesn't work. It prints out some fucking inscrutable bullshit. You have to type plus help. Okay. And then it prints out a bunch of commands, but like none of them are useful because it's printing out all like 1000 commands that are available and not like some summary of the commands that are actually useful. So like fucking terrible. Then I started using the web interface to try to like access it. Fucking terrible. Try installing apps. They like hung.

Apps didn't work. Added some groups. The groups were all like empty, like just garbage. Like just flat out total garbage. I will say of all these platforms that you tried though. I feel like you had the most fun trying. Oh yeah. Yeah. Because it was so it was so bad in so many ways. Like it was like, urban is like we will do X. And then I got to click on it and be like, wow, they're not doing X. They're not doing X. They're not doing it. It was real. Like there was

so much hater aid to drink. Well, I think no one cares about urban except us kind of. Like and by us, I mean like maybe a group of a hundred people that live in San Francisco Bay area or in Austin, Texas. And I think like it's it's maybe of all of these like, Noster, I have the most like beef with like I'm like, I'm like inspired to like hate post on Noster with how much beef, which is it? You know, they've created an incentive mechanism there. I think that this reflects our

different styles of hater done. Like Noster is bad from a big picture point of view, right? Yeah. And then Urban is bad from a million tiny paper cuts point of view. Yeah. So you love hating on uh, Noster and I love hating on Urban. Yeah. Yeah. Yeah. It's true. He's in hers. And I think like Urban, it's like they're kind of just trying to be a small place for you to hang out with your friends. Like that's what they're trying to provide. They're not really there may be there may be

going for replacing something like Facebook groups. Yeah. You know what I mean? Like it's like they're they're trying to create, okay, you have your or like a subreddit or something where it's like, like, I don't think a subreddit necessarily like is trying that much with algorithmic reach, right? Like you just want to have your community of people that are into the thing that you're into and then you're all post about that thing. I feel like that's what Erbitz trying to go for.

Yeah. And it's a shame, honestly, that they haven't accomplished that because they do think they have the right niche to do it. Yep. You know, and they also have the aesthetics, which is hard. They have the aesthetics. They have the right. They have really great aesthetics. Yeah. Yeah. So maybe maybe someone needs to go in there and see if there's anything else. Yeah. So I mean, the log spew is insane. And then also like under the hood, things that users shouldn't

necessarily have to care about. Erbitz uses this language called Hoon. Hoon is a functional programming language. And the entire reason that Hoon exists is because people because of all the purported benefits of functional programming language languages. Now in reality, nobody uses these, nobody uses functional programming languages in the real world. And these benefits are immaterial if nobody uses them. And the reason that nobody uses them is because they're slow, they're really slow.

And they don't kind of line up with how people think. People kind of think imperatively, like you do step one, you do step two, instead of like people see a bicycle going down the street. And they think of it as the same bicycle moving from point A to point B. Whereas a functional language would have them believe that actually it's like a new bicycle, like the bicycle is being destroyed every time it moves. And a new bicycle is created in its new position. And that's simply-

Sounds like a BRC 20. That's right. Yeah. But nobody know that's like a rune transfer. You got to destroy the bicycle. I could create a new bicycle. Yeah. And that's just not how people think. Like sorry, Hoon itself is a bad functional programming language. It's fucking insane. Nobody can learn it. The names are terrible. Like the Erbitz names are fucking terrible. All the variable names are terrible. Like you look at their code base and you're like,

I literally have no idea what's going on. I literally would have to learn a new language to even begin to start understanding this code base. If you could go back in time and you wanted to fix Erbitz, I think that you could. Yeah. And I think that the way that you would do it is you would be like, look, Erbitz is going to be written in normal rust using normal rust, using normal computer stuff. Right? We're going to use normal serialization formats like C-Boer. We're going to use a normal

programming language like rust. Instead of using knock, our execution environment is going to be wasm. Wasm is fine. Wasm is fast. And we're going to make everything under the hood be as normal as possible. They literally would have been able to get probably 10 to 100 times as much done in terms of practically delivering like a good user experience. Then they have instead of

going down this infinite rabbit hole of like rebuilding everything from scratch. And I do actually think that the Erbitz model would have a chance like this like, you know, okay, you have this. There's some things that I think are hard. Like for example, I don't think that there should be well, let me not get into the technical details. But anyways, if you just made it really normal underneath, so normal people can understand it and it used normal things instead of a bunch of

bullshit. And also like, listen, like Erbitz people will tell you that all these weird things that they use have benefits. Like, oh, like we use knock is the execution environment because we can freeze it. And it can be in like one state forever, right? And oh, we use Hoon because it's just like functional programming language. And oh, we also use Hoon because we want it to be weird. We want

to like jolt people out of there like whatever. We use our weird like serialization format because of like weird reasons for like weird benefits to eventually provide the solid state computer. Like, look guys, it's not fucking working. It's not fucking working. None of the benefits are materializing. None of the benefits have ever materialized like it's anyways. He's gonna die.

I'm fucking die. Like you could have just used normal tech under the hood and then hired a lot of designers and cultivated this amazing aesthetic while letting the programmers just program essentially just like a wasm execution environment where you could send wasm binary apps over the network. And like this sort of name system where you can like connect to other people,

that would have been fine. Yeah, I mean, it is it's a shame because I think similar to Farcaster, Erbitz kind of captured this group of people that that probably would have been really down to to use it, even if they weren't seeing a lot of immediate benefit from the get go because they want this type of thing to exist. And I think like, yeah, this critique, it comes from a place of like love for me in the sense that like I do love the the weirdos that are trying to do

this type of shit. But also, I think it does speak to like there was maybe this like movement in 2020 where it was like all these these creators that were, you know, not going along with the woke thing. They had this genuine feeling of like, oh shit, I probably need to start building something somewhere else. Even if I'm not, you know, a literal Nazi on the internet, like I'm seeing doctors be censored for posting things that aren't in line with the like world health organization guidelines

that don't make any sense. If they're getting banned, if they're getting whatever, then I need that could lead to me, right? And I feel like Erbitz, Farcaster, Noster, all these all these like think true social as well, obviously, like they they had that moment that I just think is not as

strong anymore. And that's just sometimes that's just how it is, right? And like, I feel like even if something like Erbitz had been able to deliver in 2020 on on what it was trying to do for many years before 2020, I wonder if we would see these platforms being successful, even regardless. I don't think so. I don't think so. I mean like it's like, yeah, when I when I my success case for Erbitz is actually a very niche kind of success that it has like a small number. I mean, a large

number worldwide, but relatively small compared to primary dominant social media networks. But that it does have like an active community that is like growing and is never going to go away. Yeah. And I would have been like I would be on there because I do like the planet, comet, galaxy bullshit. You know, I mean, if Erbitz had a sane development environment,

for me as a developer, it's actually a pretty appealing thing. If I could be like, look, I can write some rust and implement these very simple like apps that can then be like downloaded over the network by anybody and I can run them in sort of this like nice way where like I don't have to boot up a whole Linux server. I would be into that, right? I'd be into that. I maybe would be a niche user of Erbitz. Maybe your next your next project should be your own Erbitz. My own Erbitz,

yeah, forker, but I thought about it a few times. I thought about it a few times, but it's just such a gargantuan amount of work. Yeah. Well, life is long. Yep. Let's move on. Truth social. Truth social. This was the one I had the most fun on. Yeah. Yeah. Aaron was had a blast. I enjoyed truth social ads for Ivermectin. The only ads that I got on truth social were for Ivermectin, which is crazy because so it's not like it's Ivermectin advertising for itself

because Ivermectin is like a generic generic. Yeah. Yeah. Anyone can make Ivermectin. Yeah. It's so like Tylenol. Whatever on it. It's for some like familydoctor's.com. Yeah. It's selling Ivermectin and it's just like it's like I mean it's achieving its perfect target. So in that way, it's like okay, there's there's obviously a thing here that's being captured. You know what I mean? It's like I'm going on truth social. I'm getting my Ivermectin ads and

Patriot God lover, you know, 4,000 is like posting every day, right? It was interesting. Truth social felt like Facebook. Right. It was it was a feed like Twitter, but it's a boomer network. It's a boomer network. It's a boomer network. And like the big thing at least that they were trying to push on me as like a new user when I made the account was groups, which is similar to Facebook.

That's what I'm saying. Like I think that's actually kind of the big appeal of Facebook at this point is like there's Facebook groups like, you know, Bay Area, buy nothing where you can post free shit and people like exchange stuff on there. Like that's something that like Craigslist, Nextdoor, whatever. There's different alternative platforms. I don't think you can really call them

and it's it's just a platform that exists for a specific purpose. But like I feel like Facebook groups is is kind of like the the best version of those things because the ideas that you already have a Facebook account that people can kind of verify your real person with because if you're doing things like going and picking up a couch from someone, you kind of want to feel like it's a real person. Yep. I would go to a Craigslist ad and pick up a couch, but there's a lot of people who

won't. Right. So like truth social sort of had that feel of Facebook where it had all these groups like gardening dog photos, whatever where it's like you can kind of join a group for your special interest and you have your truth social profile that kind of like, frost verifies with that that you're like a person and then people feel it felt more like like what I was saying before about

Facebook being a place where you're hanging out with your friends. That felt more like the purpose of truth socials that like truth social is where the the mega trumpers who when they post their mega trump content on Facebook, it blamed by their non binary nephew, they can go to truth social and they don't have to put up with that shit. Yep. That's the use case of truth social and it was kind of awesome. You've also got some gardening content. Yeah, I got gardening content, dog content,

dog content. Like there's no reason for me to be on truth social. Like literally I'm not a boomer, right? Like I don't use Facebook, but I could understand why like a mega boomer would want to be on truth social because they don't want to put up with their liberal like family members on Facebook. So they're just going to truth social. Yep. That said though, there were hate comments on Trump's

posts. Yeah, yeah. And also a Kamala Harris. Yeah, wait. So when you join truth social, you know, it's the same thing as Twitter where you join and then it makes you follow a couple accounts before you can like continue. Yep. So on Twitter, if you join like the top thing is follow Elon and then it's like follow like Trump or what you know, it's like other famous people, but it's definitely like follow Elon every time is at the top. Yeah. Obviously for truth social, it's follow Trump is the top

thing. Like you get on true social follow Trump is the first work like option. The second option was following Kamala HQ, which is actually like some sort of Kamala pro Kamala account. It's a real account. It's because there's Kamala HQ on Twitter. And it makes sense that they would want to go to where their enemy is. Yeah. Yeah. Yeah. It's good on them for signing up for a first or true truth social. And honestly, crazy for truth social to suggest them is the number two

follow. It was like, it was Trump was number one, then Kamala HQ, which isn't Kamala because Kamala is not a real person. She's just like a voice for, you know, the faceless oligarchy, right? So it's Kamala HQ, not Kamala Harris. And then JD Vance and then Tucker Carlson. So it's kind of like after Trump and Kamala at the top, it's like the suspected cast of right wing characters that like would be,

they're probably active on true social. And that's why they're up there, right? But like, yeah, it was kind of crazy to see Kamala HQ on there being suggested they regularly post and they post the same content that they post on Twitter. And if you go to Trump's post on truth social, there are people being like your a liar. Like on his post. Yeah. Like it's pretty, it feels like Facebook. It's just Facebook, but like for the MAGA moms. But like, yeah, I don't know, it's it's kind of funny.

Like I feel like, I mean, truth social is sort of like the definition of the of of this list. I feel like truth social has the most like top down appeal in the sense that like you have the biggest brand in the entire world, which is Trump, like behind it. Obviously, I don't think truth social has really like succeeded in the sense of like who uses true social, whatever. Like I'm not really arguing anyone should join true social versus any of these platforms that we're reviewing.

But like you have kind of like the biggest brand in the world that did actually get banned from Twitter. And so actually did get de platformed and had nowhere and not just Twitter everywhere, right? Like truth social was the only place for him to talk to his audience. And so it was like an obvious reason for people to join. And then it kind of had like the best UI of every platform that we tried. I thought the farcaster had a better UI. I thought that for me,

farcaster, you're not a boomer. But like truth social works. It does. Like you know what I mean? Like it has like a good onboarding flow. Like it has groups that are active. It like asks you for your interests and then tries to direct you to your interests. Like it was, I mean, whoever built truth social did like actually a pretty good job with it. So maybe get on truth social. I guess we're going to, I guess we have to post our episode and all the platforms that we're

going to then post this episode on true social. Yeah. Last platform is Blue Sky, which was a sort of explicitly created to be an open source protocol that like competes with Twitter. Yeah, we were trying to find like kind of like a left wing version of this. Yeah, because like alternative social media is right wing coded. Yeah, it's actually mastered on in Blue Sky that are like the left wing versions

of Twitter. Yeah. So we kind of want to, we didn't end up doing Macedon. But like that was sort of the idea a little bit with this is like, okay, we have all these kind of like right wing adjacent alternative social media platforms. But the thing is the left doesn't need, again, it's the top-down use case. It's like the left doesn't need an alternative social media platform. No, they can go on threads or whatever. Yeah. It's no problem. They're going to go on TikTok. Like they're fine. Yeah.

Yeah. Yeah. Blue Sky, it looks exactly like Macedon. It appears to replicate exactly Macedon's functionality. I don't get why it's not Macedon. I've you mastered on the past. The main app, the URL is bsky.app, which is a terrible URL. Yeah. Usually if you go for a dot app or like dot some shitty bullshit TLD, it's so that you can get the name that you want, right? But shitty name. It's not shitty TLD. Bsky.app is fucking stupid. It's fucking stupid. It should be bluesky.app or B.app.

Probably just bluesky.app. There's no reason for it to be Bsky.app. And it's like a shitty Twitter club, you know, with a bunch of commies posting some stupid commie memes like fuck and whatever. But yeah, I think for them, it's like they just have no reason. Yeah. They can do it anywhere. Blue Sky is kind of fucked because they got a lot of money and a lot of investment and like grants and stuff. And that shit is going to run out. And then they are going to like just go straight

into the toilet. I don't I don't remember like I don't have the Ivermecton ads to keep them going. They don't have the ads. So I'm saying true social. It's like, yeah, if you're going to be putting your ad, if you are a website that's trying to sell Ivermecton, like you probably can't advertise on Instagram. Like they probably won't let you. So you have to go advertise to your target audience on true social. No, that's right. It didn't make me. I was like, oh, I can buy Ivermecton.

I didn't even really know that. But I mean, I don't remember like when did Blue Sky kind of come out? Because I remember it was three years ago, three or four years ago. I think it's a little bit longer than that because I feel like the time for tech. Like that's like since COVID. But I think it was actually hired during I forget what her name is. They they hired one of the one of the main Z cash devs to work on it. Yeah, because I remember when it first came out, like I had a

bunch of like techie type friends that had like invite codes. And they were like, oh, like, do you want to try this with me? And I feel like it was kind of it was kind of the libtard version of like, yeah, come to gab or noster or whatever where they were just were sort of like putting in their best effort. But I don't really remember why they would have cared. Like at that time, you know what I mean? Because like, I feel like there had to have been some sort of reason why people were

like, we need this. Yeah. Maybe it was just like misinformation online. Yeah, we're like, could be, you know, we need a different place where there's not so much misinformation. But I don't know what the narrative would be from like the left perspective of having alternatives. So yeah, those fucking commas think, bro. Yeah. All right. So we went through the mom. Went through the mom. That's what I mean, which was your favor? Like if you had to be at the

most fun on Erbitt, I was just saying, you're like, what the fuck is this bullshit? This is the worst shit I've ever used. I feel like you could be an urban power user. No, no, it's too bad. It's too bad. And it doesn't do anything that I want. And it's incredibly hostile to developers. It's actively hostile. You say that, but you were having fun. No, if I was going to get on anything, I would be on, I guess I'd be on Farkaster. Yeah. Like why not? Just Web 3 posts, you know? Yeah,

you could just Web 3. Well, I feel like in all cases, whether you want Erbitt or Farkaster, you'd just be the hater. Yeah. You know what I mean? Yeah. And I don't actually really want to be like hating like you look at my Twitter content. I try to, I don't, I try to not post hateful things all the time. No, you're not. I don't know if you even want to though. Yeah, I do. I love complaining about shit. And sometimes I'll have like a snarky mean tweet.

Yeah, but I feel like for the most part, you liked eating about like sumo or whatever thing you like consuming. Yeah. Yeah. You know, you maybe should be on truth social in a very specific group. That's right. You know, that might be, I mean, I feel like definitely. You're just, you just want us both to be on truth social. Yeah, we're both just going to be on truth social. I mean, truth social. I feel like that's obviously the one I had the most fun on. It was the best platform.

Like just truly as a user was easily maybe Farkaster was as good. But like Farkaster, you also have to pay $5 to sign up. So that's, that's an instant. But it is, it is, it is, it is like, that's an example of solving things in the non Bitcoin way, right? The Bitcoin app would require you to like fund your Bitcoin wallet or whatever. Farkaster is like, look, pay us far $5 through Apple Pay and we'll do the heinous on chain Ethereum transaction that needs to have.

But see, I would rather trade my attention in exchange for an Ivermekkenad, then pay $5 to use the platform. And I think most people agree with me, even if you say you don't. Sorry. There we go. But yeah, so we'll post this everywhere. So, you know, I'm curious to see, you probably will get literally no engagement post on, post on Erbit like my we, we, we should we shut down the machine that it was running on. You can't get that shit running back up.

I couldn't even get a real plan out like, yeah, and listen, I'm an expert computer user in program where I could not fucking get it done. Can you post videos on Erbit? Oh no. Oh, well, I mean, there are such huge problems with doing that. Like, I mean, you would bring the network to its knees and try to post it. That's what I was like, because also some of these, I'm not like and fully convinced it was all of these that like I could post a one hour episode. Erbit, no,

definitely not. Okay. So we'll see what we can even do. I think we're probably, I, if it was expensive, so I wouldn't be surprised to fall of these things we had to just post links to our content. Well, maybe on true social. I wonder. I don't know. Yeah. We'll see. We'll see how it goes. In any case, we had fun. Yep. Tell us in our comments why we're wrong about this. Yeah. I would love to be told I'm wrong about some of these except Noster. I'm going to get triggered.

I've had too many arguments. Like, I'm too fired up. I got myself so angry that like, I had to like say like, no, I can't. I'm not allowed to talk about Noster for the rest of the day. Yeah. Like it got to that point where like anything that would happen, I'd be like, I'd be like, this is just like Noster and I'd like to launch myself back and do an argument. Yeah. This could have been an email. Yeah. That's my review of Noster. Like it's, yeah. But we will be

posting this. Yep, we will be posting this. Prove us wrong. Yep. So thanks everybody for enjoying us. And especially our patrons. Especially our patrons. Thank you to our patrons. Should we start doing the thing where we list our patrons? No, that seems crazy. I think people like that. They like getting the credit. They like going, well, tell us do you like that? Do you want us to play? Yeah, should we start listing our patrons at the end and doing a shout-out

to like, oh, Bob, like Bob's in the mythic tier. Like go Bob. I just feel like we're doxing people if we do that. Right. Yeah. Yeah. That's why I wouldn't want to do it. Tell us what you want. Tell us what you want. And then that will decide for everyone else. That's right. Yeah. Cool. Okay. Thanks guys. Thanks for joining us. See you next time. Yeah. See you next time. Bye. Later.

This transcript was generated by Metacast using AI and may contain inaccuracies. Learn more about transcripts.