What people don’t realize is if not forced to pay, 99% won’t.
The only reason V4V appears to work is people are trying to make their own point valid, not because it actually works nostr:note1we6gzffcek2smm96aruylmldmqk2tq26ryqt36al03mwsed5tr2qpud038
Discussion
That’s not a real statistic.
Proof?
There’s a reason people are making members-exclusive videos on YT, constantly reminding you to donate on Patreon for exclusive access, etc. Without an incentive it’s all pointless.
Offer a steak raffle. A nice 1lb thick Ribeye.
There, I solved it. Raffles for cash. 💰 I’m smart as fuck.
Your proof is more opinion?
It’s facts that you can easily verify. Though that becomes hard when you are delusional, so…
Your 99% stat is a fact? I’m asking about that specifically.
Then specify so.
From my experience operating services, and from info from other people: it’s very close.
You’re trying to divert the conversation because all you care about is creating controversy and getting engagement. Not much different than the legacy social media fucks.
So “Trust me bro.” Got it 👍
you need millions of followers to make a living out of v4v
Or you need to have a cause that die-hard followers believe in.
You may as well paywall then.
Not necessarily, because if it's a cause that you want to proliferate, you want as many people to be able to see it.
99% of public radio/television enjoyers don't pay, either. But it still works.
You just need the equivalent of tote bags.
Products and services are worth their marginal cost to maintain. For online content, that “value” effectively free on a per view basis. Deflation in action.
We should be celebrating that most of the noise on the internet is deemed to be worthless. It will filter that worthless stuff out while promoting really amazing content.
You forgot the initial production cost
No I don’t…that’s one of the biggest knocks against deflation and a fully competitive market. It doesn’t encourage investors to take on the upfront investment in projects, new technologies, ventures.
In the corporate world, you make every operational decision on a “money forward” basis. It doesn’t matter that you built an apartment complex for $50M and need $3000/mo for rent to pay back the investors. If the market can’t support $3000/mo but instead offers $2500/mo, the operator of that facility (in consultation with the investors) will charge $2500/mo.
Another example, railroads. If a company owns the only line from A-B, it has a geographically protected monopoly and has a huge windfall. If a competitor comes in to build a competitive line A-B, not only is the monopoly destroyed but the value either can charge is determined by the cost charged by the other company.
We see the same dynamic around gas stations.
Once the capital is spent, it is mostly irrelevant to the operational decisions going forward.
Some truth to this. Since I’ve been streaming I’ve done better on the Fediverse that doesn’t have any 4V4 built in.
How does it work, there? Do they also only accept Lightning payments?
PMFJI - Maybe "encouraging" or some similar word like "inviting" might be better ?
Sad but true
Although Netflix movies can probably be downloaded for free, a lot of people subscribe to it. Why? It's because it's convenient.
I believe a mandatory but convenient app using paywall can work. 🤔
Yes, in this case they are forced to pay because they do not want to be inconvenienced or want higher quality.
There is a mandatory two way exchange of value, unlike in V4V where the payment can never happen.
Imagine if I can connect to Netflix using my Nostr account and Nostr Wallet Connect. They could easily charge x Sats per movie.
A good movie may be more expensive than the unpopular one. There's no limit.
You do need to consider when and how you ask for payment. If you ask for a donation after the content has been consumed, people are not used to paying and many won't. Then again, we have these things called zaps in Nostr and many do voluntarily click that button, so...
Also, I just paid $25 for an audiobook voluntarily, in Kickstarter. I wasn't forced to pay, and I don't even have the product yet. The problem isn't that people wouldn't be willing to pay for good content.