While you may be familiar with bitcoin circular economies such as El Salvador’s Bitcoin Beach or South Africa’s Bitcoin Ekasi but have not had the chance to participate, you can easily join the largest bitcoin circular economy in the world with just a few clicks: Nostr.
Although a virtual bitcoin circular economy differs from a physical one, Nostr offers a platform where bitcoin can be exchanged for value, even in a digital space.
If you are new to Nostr, it is an open-source protocol that supports various types of apps, known as “clients”, which can be deployed and used. Upon joining Nostr through any Nostr app, you will receive a public/private key pair (similar to a bitcoin wallet) that helps others identify you on Nostr apps and allows you to log in.
Nostr currently boasts approximately 42,000 active weekly users engaging with apps like Damus, YakiHonne, and Wavlake. An intriguing feature of Nostr is that your followers on one app follow you across all apps, similar to having the same followers on different platforms like Instagram and X.
In 2024 alone, I earned over 350,000 sats on Nostr, equivalent to around $350 U.S dollars, by sharing my thoughts, linking articles I wrote, and sharing my music. Nostr offers a unique platform for musicians to showcase their work.
Recently, I earned 2,165 sats by sharing my thoughts on Nostr on Primal, a recommended starting point for Nostr beginners.
I have also sent sats to creators (“zapped”) since joining Nostr and plan to continue supporting creators with satoshis in 2025.
If you believe in using bitcoin as a currency and wish to participate in the largest bitcoin circular economy, download a Nostr app today, connect to a Lightning wallet, and start exchanging bitcoin for valuable content.
This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
