TFTC: A Bitcoin Podcast #669: Building the Events App That Bitcoin Deserves with Aleks Svetski
17 snips
Oct 11, 2025 
In this discussion, Aleks Svetski, founder of Satlantis and a visionary in the Bitcoin/Nostr ecosystem, dives into the potential of AI as a productivity tool and critiques the unsustainable economics behind large language models. He explores the evolution of Nostr as a portable identity solution and details Satlantis's innovative pivot towards a Bitcoin-native events platform. With insights on combating digital burnout and the necessity of in-person connections, Svetski encourages building unique markets with new technology layers.
AI Snips
Chapters
Books
Transcript
Episode notes
Spirit Of Satoshi's Cost Shock
- Aleks recounts Spirit of Satoshi's AI model proving too costly to serve customers.
- He discovered inference costs made charging realistic prices economically impossible.
AI Has Real Marginal Costs
- Aleks found AI economics unstable: inference costs create real marginal costs per user.
- He predicts an oligopoly because scale is required and many smaller models will struggle.
A New App Renaissance
- New tools (AI, Bitcoin payments, Nostr identity) create a fresh design space for consumer apps.
- Small startups can now build products once requiring large teams and budgets.
