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Citadel Dispatch
CD145: PRIMAL WITH MILJAN
Nov 26, 2024
In this engaging discussion, Miljan, Founder and CEO of Primal, shares insights into the newly launched Primal 2.0, a cutting-edge Nostr and Bitcoin app. He highlights advanced search features and the introduction of Primal Premium, enhancing user experience. The conversation covers the innovative feed marketplace and integrated wallet functionality, addressing challenges in user autonomy and privacy. Miljan also anticipates future developments in the Nostr ecosystem, emphasizing the importance of community feedback in shaping a more user-friendly platform.
01:47:53
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Quick takeaways
- The launch of Primal 2.0 enhances user experience through features like long-form content sharing and a new feed marketplace.
- Bitcoin's status as a stable asset is reinforced by a significant increase in customer purchases and long-term custody practices post-election.
Deep dives
Post-Election Growth in Bitcoin Purchases
Following the recent election, there has been a remarkable increase in Bitcoin activity, with a doubling of business observed on the platform. This surge is primarily attributed to a 100% growth in Bitcoin purchases made by customers. Notably, over 90% of these customers are taking their Bitcoin off the platform and into their own custody, indicating a shift towards long-term accumulation rather than short-term trading. This trend suggests that customers are more focused on building their holdings over time, reflecting a growing confidence in Bitcoin as a stable asset.
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