Price is not just a request for value, but it acts as a feedback signal for future content. If you have no idea what people are paying for, itβs difficult to know if what you create is worth anything. A situation where the vast majority of your content is consumed for free yield a lot of noise.
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My gripe is I see SO many plebs here boosting <10 sats on posts of TOP-NOTCH content, from the likes of Max DeMarco, Julian Figueroa, and countless others.
These guys are absolutely knocking themselves out for the revolution, and getting chipped a measley 2Β’
How much will 2sat be worth in 10 year? Time preference is a thing
Not much
And everyone should buy some of my art also!
Every creator since the "creator economy" began has had to have diversified income streams.
It's a good thing for us to have this - it means we never get to take one segment of our audience for granted, or coast on the rules of a centralized ad placement co like Google or Twitter.
I love the value for value model and Bitcoiners contribute WAY more on a per capita basis than any other niche that exists.
But eventually if you want to scale you will need to either mint a TON more bitcoiners/NOSTR users or convince people to contribute a lot more monthly/on-goung.
The scale factor is key. Eight billion people consciously using #Bitcoin and #Nostr knowing that their tiny expressions of value can help promote ideas, art or possibilities, and support those clients that enable it, is a base paradigm we cannot yet judge.
Market price.
Nostr is fairly novel currently. The goal would be that in years to come, with millions of users, 10δΈ° from 10k people would make a difference. We're not there yet.
This is intellectually lazy. Live in the now. Your 10 sat is not even a penny. It's more an insult IMO.
Let me fix the slogan: Value for value, at current day pricing, not far future "wealth".
If you believed this way, just buy $100 of Bitcoin. You'll be a future gazillionaire! π€ͺ
1sat = 1sat
It does 1=1. That doesn't mean it's a useful amount in singularity either, in today's reality.
If SATs littered the sidewalk, as shiny digital pennies, I wouldn't stop my day to bend down and pick it up.