Replying to Avatar rugged.rug

This is not a problem with v4v. It is a problem with

a) culture. People are not used to having the freedom (and responsibility) of setting their own price. yet

b) numbers. Nostr has yet to see the 10x 100x 1000x it soon will see

c) expectations. Creators cannot expect the earnings to match their chosen expenses. The earnings will be what they are worth in the market. Something is worth what someone will pay for it.

d) economy. Disposable income is unnaturally diminished because of distortions in the market by globocorp, taxation, and various government interventions.

e) currency. Fiat currencies have set a precedent for reduction in value and have disincentivized savings. Earning in Bitcoin is not a 'what is my purchasing power today' equation like earning in fiat is. Earning in Bitcoin is something between a hedge against future economic uncertainty in all forms and a retirement plan.

f) lack of social pressure. People will come to be recognized for how much they zap, for what, and how well distributed, vs how much they consume, vs how much they create.

As the economic model moves from contracts managed by agents and lawyers and employees' renting their time to individuals taking ownership of their labor and choosing vocations that match their passions, and as additional means of passive income are unlocked (blockchain based royalties for derivative works, micropayments for fact-checking, paying for advice and recommendations by the reputable, micropayments for helpful reviews, off the top of my head) the view on whether nostr monetization for bitcoin is 'worth it' will change.
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HoloKat 1y ago

so in other words, it's a problem with v4v. You are basically describing the way the entire world currently works and you expect IT to change for you. Maybe on a long enough time frame this plays out but this may be a very long timeframe and people have bills to pay now.

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rugged.rug 1y ago

I am not advocating for people to switch to a v4v/nostr/bitcoin model with expectations that it will be the same. I don't know anyone who is. Thinking v4v, through Nostr and Bitcoin, will perform 100% the same as the best performing current existing alternative model, while the technology and the user base is in its infancy, is delusional. People who 'have bills to pay now' and are putting all their eggs into an experimental basket seem to be the ones that want the world as it exists to change, rather than changing their revenue models or diversifying to mitigate risk.