TFTC: A Bitcoin Podcast #669: Building the Events App That Bitcoin Deserves with Aleks Svetski
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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.
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AI As A Tool Not A Deity
- Aleks Svetski frames modern AI as a productivity tool, not AGI or sentience.
- He warns widespread poor usage creates online “slop” despite real utility when used well.
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.
