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Soak Quest
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Our Mission is to create a thriving Bitcoin Circular Economy leveraging NOSTR. Watch Full Episodes on YouTube https://www.youtube.com/channel/UCpdNV2YDkbhloA6zldekymg
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SoakQuest 11 months ago
Growing an account on Nostr is a manual process. There's no algo that consistently displays your posts to people who don't follow you. Everything on Nostr is earned. Here's what you should do: 1) ENGAGE: No one is going to see your posts when you have a small account. To get people to notice you without an algo, you need to comment on their posts. Engagement is low for most people, so your effort in this will go further than on other platforms. 2) ZAPVERTIZE: You could run a big campaign, but you find success if you use your zap message to make it clear what you do. Give people a reason to click on your profile. Your Zap Message is more visible than any comment. If you're the top zap, your message will be seen by everyone who sees that post on some clients. Hunt for low cost, valuable opportunities here. 3) SPONSOR AN INFLUENCER: There are have's and have not's when it comes to reach on Nostr without as much middle ground or social mobility. If you are a business, I recommend sending product to someone with a bigger reach to repost your posts. Value for Value and Repost Culture are core to Nostr and there's no Algo score that you would be disrupting for them. Getting reposted by a big account consistently will take you far. Otherwise the advice is the same for most social media growth. There's no substitute for consistent content production. There are hacks, but overnight success doesn't exist on Nostr. The beauty is that the results from all the work you put in, you own. image
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SoakQuest 11 months ago
Why don't people spend Bitcoin more? We're not there yet. Bitcoin is just beginning to wrap up its proof to the world that it is the best Store of Value. Yes it has more to go, but the trajectory for that is clear and the world is adopting it at the highest levels. The energy focus only shifts towards strengthening Bitcoin as a Medium of Exchange once Store of Value solidifies. image The only reason someone would accept it for payment is if it works as a Store of Value. Many Bitcoiners figure this out and once they do, they are happy spend or receive it. The whole world is getting there now. Square Terminal functionality is a massive first step. Sooner or later everyone will appreciate their ability to avoid 3% credit card fees, chargebacks and inflation. Bitcoin is the best Medium of Exchange in the world. With time the infrastructure will improve and people will begin to use it. As people get used to transacting in bitcoin it becoming widely adopted as a Unit of Account, but not until then. There is no skipping the time it takes for people to get used to it. It has to proceed this way. Store of Value -> Medium of Exchange -> Unit of Account If you already use it for all three, you're living in the future.
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SoakQuest 11 months ago
In business, you're either growing or you're dying. Bitcoin gives you a third option Bitcoin can do a lot of the growing for you. Any company could have out performed the best, most funded tech stocks of the last decade if they just made sure they were profitable and swept their profits into bitcoin. 50% of businesses fail in the first 5 years. All you need to do is focus on not failing when you sweep your profits into bitcoin and before you know it, you'll be thriving. image
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SoakQuest 11 months ago
What Erik Cason LOVES about Liberals
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SoakQuest 11 months ago
You need to start calling out the bots in your real life, anon.
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SoakQuest 11 months ago
Just a couple years ago, no one had Seed Oil awareness. You were looked at like a crazy person for bringing it up. But now, if people don't already know, they tend to be curious about it. What caused that Overton Window shift? RFK? More Seed Oil Free food options? It at least wasn't some single event. That shift is wild when compared to Bitcoin and Nostr conversations. There has been a small shift in comfortability, but still a sense that if you ask about bitcoin to the bitcoin guy, you'll regret it after he goes on his 30 minute tirade. People wince and change the subject when it comes up for some reason still. The Nostr conversation doesn't even get started. We're early and it sucks to be early sometimes. But we don't need some massive shift for the tide to turn quickly. Seed Oils have shown us that. image
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SoakQuest 11 months ago
The freedom that is inherent to Nostr is displayed without thinking by its users. Once you see it, its hard to unsee. Thankful for how many people see it. More will come. image
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SoakQuest 11 months ago
Doing hard things is much more fun in theory. I think that's why many people don't move their content to Nostr. When you have easy, consistent engagement on a different platform, posting to a place with limited likes can feel like a pointless chore. Do it for a year and you'll be glad you did though. Cross-posting to Nostr is just as easy as it is on any other platform, but the long-term rewards are far greater. You're building your voice in an uncensorable, unconfiscatable space where people pay you if they like what you post. I get that other platforms have larger audiences and more potential for virality, but putting in the work on Nostr has the highest payoff in the long run. You might as well build on it passively. image
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SoakQuest 11 months ago
Once you understand the potential of bitcoin, building your business on a bitcoin standard seems like an obvious long-term strategy. However, in the short term, the challenge lies in transitioning into it. Unlike an individual with a W-2 income who can simply invest their savings in bitcoin, a business's treasury has a significant impact on its future cash flow. It needs to be strong and prepared for opportunities, not just when bitcoin is in a bull market. image To achieve this, caution is essential, which can be difficult when faced with the constant debasement of fiat currency and the anticipation of the next big bull run. Running a business is already challenging, and you don't want to add the stress of trading bitcoin to stay afloat. There's always a temptation to acquire more bitcoin, and waiting for the perfect moment can create more problems than it's worth if you don't have the discipline to time your purchases correctly. Remember, bitcoin is meant to simplify your life, not add to your worries. Starting a dollar-cost averaging (DCA) plan can help alleviate this temptation, and it's even more effective if you can implement it through direct product sales in bitcoin. There will come a time when the bitcoin price opportunity is so great that it makes sense to invest heavily. If you buy at the bottom, the volatility of bitcoin will no longer be a concern, as you'll always be in a profitable position. When that time comes, buy the dip, set a stronger DCA to average around it, and maintain a small cash buffer to adjust if you're slightly off and the dip continues. The only way to time bitcoin incorrectly is to never invest at all. While it takes time to guarantee gains, the transition to a bitcoin standard can be incredibly tricky.
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SoakQuest 11 months ago
Erik Cason X Soak Quest The Banality of Evil requires courage to stop it. Join us. Let's boost our T. @Erik Cason
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SoakQuest 11 months ago
I really don't understand bitcoiners who aren't interested in Nostr. I get that not everyone is trying to build an audience, and that money is a more pressing thing to be an early adopter for, but the "Why would I need Nostr? I'm perfectly comfortable with X" narrative sounds like a no-coiner justifying their 0% bitcoin exposure. It especially hits weird from bitcoin content creators, when it's clear that the hardcore, motivated bitcoiners are moving towards Nostr and not going back. Nostr is the clear and obvious future forum of bitcoin discussion, and you're just ignoring it? Am I too deep in the weeds here? It seems so obvious to me. Do they really just not see it?
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SoakQuest 11 months ago
SOAK QUEST Phase 2 is here. Our mission is simple: Build the Bitcoin Circular Economy. We're talking to Bitcoiner founders who make incredible products, but haven't seen first-hand how powerful speaking to Bitcoiners can be for their business. The idea is straightforward. Get Bitcoiners connected with the best Bitcoin companies out there. Build that momentum until it is so obvious that every business needs to become bitcoin forward or die. New episodes drop every Sunday. Let's Soak. image
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SoakQuest 11 months ago
The urgency to adopt Nostr is relaxed compared to Bitcoin. Nostr is earlier on its path and Bitcoin is an end in itself, while Nostr is a means to that end. However, if you are trying to build an audience for yourself or a business, the opportunity is massive. Being a first mover has always been an advantage on new social platforms. If you were early to Instagram, you had fewer photographers to compete with than you do now. Being early to TikTok and making a single viral video changed people's lives. But, for every successful new platform, there were many failures. If you built a following on Myspace or Vine, you better have connected with your followers somewhere else. If you didn't, all you were left with when those platforms died, was some good, old-fashioned character building. The beauty of Nostr is that every kind of social media will eventually come there. Like iterations, most will fail, but this time you don't lose your connections when they do. The barrier and risk to trying new things is minimal. Building a following on Nostr is the only way to have an owned social audience. It is the only audience that is completely portable. You don't need to fight for the same handle across apps. You don't need to convince people to follow you in ten different places. At scale, your Nostr followers follow you once and enjoy your content in whatever format they prefer. Being early on Nostr is being early to every future app built on the protocol. Instead of getting a head start on one platform, you're getting a head start on all of them. The opportunity is enormous. image
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SoakQuest 0 years ago
The next Arizona Governor is going to turn the desert Orange
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