Replying to Avatar Pierre

That’d be a good PhD thesis!

Reddit is similar with karma points. There’s lots of posts farming points. But what’s interesting is that some subs recently adopted reward systems tied to money … r/cryptocurrencies has moons.

I don’t have empirical evidence but a lot of people complained about the change saying that now people just post whatever will get them the most money.

Stacker news is like that too. You get zaps for posts or comments. How would the feed compare if it was just worthless points?

Any behavioural economists in the room? 😂
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Pierre 2y ago

That said I like to be “paid” to post. I’m not a Nostr celebrity like you #[3]​ but it’s still rewarding even though the amount is well, a couple of pennies.

Looking at sites like Twitter or Reddit, any interactions you make profits them. Page views = more ads. If you pay to reward someone on Reddit, Reddit gets the money and the recipient gets a new icon for their profile! (Eek).

On Nostr or Stacker News at least the money is distributed to other users. I’d rather have a million users be a tiny bit richer than have a million users enrich a single CEO.

I know it’s not quite the same issue you are asking about but I’d be curious to see how decentralization impacts how people view giving away sats.

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