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Chronicles

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An interview with reclusive Bitcoin programmer @Fiatjaf on building the Nostr protocol to offer an alternative to Twitter and other centralized social media

Which Should Developers Care About More? Quentyn Kennemer / SlashGear : Twitter Alternative Bluesky Hits 100k Members Before Exiting Beta Tweets: @j3s7m4n : “500,000 daily Nostr users have sent each other 792,000 tiny bitcoin transitions called zaps worth $1.9M with dozens of companies building new applications” ⚡🤙 https://www.forbes.com/... Michael del Castillo / @delrayman : Who is @Fiatjaf? The reclusive bitcoin developer opens up about the early days of Nostr, the social network protocol he built to set himself and others free of Twitter: https://www.forbes.com/... via @ForbesCrypto Ben Arc / @arcbtc : I get WAY too much mention in this article, diagon-alley was one of bunch of things to influence #nostr, but reading, I am eternally grateful to have @fiatjaf as a mentor and friend, and being able to be part of this journey. https://www.forbes.com/... @_pretyflaco : Cool article about @fiatjaf, @arcbtc and the beginnings of nostr https://www.forbes.com/... @rabble : One alternative to twitter are emerging open source protocols. We've heard tons about mastodon and the fediverse, but what about bluesky and nostr? https://thenewstack.io/...

Forbes Michael del Castillo

Context & Ripple Effects

Nostr spent early 2023 going from experiment to consumer product: Damus's App Store debut put the protocol on iPhones with encrypted DMs, months after Jack Dorsey donated roughly 14 BTC to it. This Forbes interview with its pseudonymous creator @Fiatjaf lands alongside reports of 500,000 daily users exchanging 792,000 zaps — tiny bitcoin transfers worth $1.9M — with dozens of companies already building clients on top.

First-order effects

  • The interview gives every company building a Nostr client a founder narrative and an ideological pitch to recruit around, at a moment when the protocol's usage metrics (daily users, zap volume) are being cited as proof it works.
  • Zaps make direct bitcoin micropayments the default monetization rail for Nostr users and app builders, rather than ads or subscriptions bolted on by a platform.

Second-order effects

  • Rivals in the decentralized wave have answered different questions: Bluesky's camp built an account-portability tool so users can leave if ownership turns hostile, while Nostr's counterweight is money that moves with the user — pushing each ecosystem to compete on what people can actually carry out the door.
  • Earlier crypto-social experiments like BitClout and Friend.tech tokenized specific accounts and drew privacy backlash; Nostr's protocol-level zap design positions itself as the cleaner alternative those projects failed to be.

Third-order effects

  • If the pattern holds, social media splits into a protocol layer (Nostr, AT Protocol) where interchangeable apps compete and neither identity nor income belongs to a single company — making billionaire-proofing a matter of protocol design rather than corporate structure, the direction later efforts like Free Our Feeds pushed further.

The trend: Social networking is being rebuilt on open protocols where identity — and increasingly money — lives outside any one company's control.

Discussion

  • @j3s7m4n @j3s7m4n on x
    “500,000 daily Nostr users have sent each other 792,000 tiny bitcoin transitions called zaps worth $1.9M with dozens of companies building new applications” ⚡🤙 https://www.forbes.com/...
  • @delrayman Michael del Castillo on x
    Who is @Fiatjaf? The reclusive bitcoin developer opens up about the early days of Nostr, the social network protocol he built to set himself and others free of Twitter: https://www.forbes.com/... via @ForbesCrypto
  • @arcbtc Ben Arc on x
    I get WAY too much mention in this article, diagon-alley was one of bunch of things to influence #nostr, but reading, I am eternally grateful to have @fiatjaf as a mentor and friend, and being able to be part of this journey. https://www.forbes.com/...
  • @_pretyflaco @_pretyflaco on x
    Cool article about @fiatjaf, @arcbtc and the beginnings of nostr https://www.forbes.com/...
  • @rabble @rabble on x
    One alternative to twitter are emerging open source protocols. We've heard tons about mastodon and the fediverse, but what about bluesky and nostr? https://thenewstack.io/...