Nostr Web Client

I find this compelling. I sincerely believe that this is a major advancement in e-commerce.

One thing I’d like to add is that with the paywall model, someone who really enjoys and wants to support the work will almost never end up paying more than the subscription price, whereas the LN enables payments far beyond the suggested donation.

For a great piece of content, it is plausible that a single donation from a supporter could exceed the entire revenue collected from thousands of paid subscribers.

You could write the best article of your life for your 2000 subscribers at 50c a pop and earn $1000. Under the #v4v model, each of those readers could easily be so impressed/appreciative that they donate $2 instead, quadrupling revenue. PLUS there is nothing stopping those readers from widely sharing the content and bringing in a new audience AND further donations.

It is deeply meritocratic and unbelievably exciting!

₿TC Fiend 2y ago

Exactly! I can totally envision this new world where information isn't held back from the masses but shared far and wide for anyone to see it. It'll allow all of humanity to benefit from it on intellectual and informative levels. There have been a few Bitcoin articles written over the years, where if they were produced today, I'd have been inspired enough to do exactly as you suggest. Not all content is created equal (in the eyes of the beholder) so having this freedom to be able to Zap along micropayments at a variable rate feels like such a liberating concept.

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Discussion

Edward Lightninghands 2y ago

You, sir… you get it. 🧡💜

It is only through studying Bitcoin that I have come to reject the notion of Intellectual Property. Ideas and knowledge are not scarce; they are not economic goods. Legally limiting their distribution is good for the creator but detriments humanity as a whole.

I cannot fathom how innovation and prosperity will blossom when people have stronger incentives to share with everyone than to gatekeep and only share with those willing to pay a minimum price.

Renaissance 2.0 incoming!?

₿TC Fiend 2y ago

Indeed! I think the ultimate goal of any author, journalist, musician, artist, storyteller, etc... is to be able to share their work with the entire world, not have to hide their information from people. In order for a free market of ideas to compete, ideas need to be spread far and wide across the globe. This frictionless competition of ideas will only lead to maximizing the potential of the human condition.

Edward Lightninghands 2y ago

^this.

Imagine how much more capacity average people would have to support creators if they weren’t perpetually being exploited by taxes and inflation.

Decentralized technology is enabling that free market of ideas to develop outside of this corrupt system.

₿TC Fiend 2y ago

Exactly, everything we're having to live through these days is a byproduct of living under bad monetary incentivizes created by bad money. Bitcoin fixes this.