Nicely written and somehow argumented critique of #value4value (or rather, its overselling) by nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3vamnwvaz7tmwdaehgun9d35hgetn9ehhyee0qqsgvudxu5vg7ul8w3kv7rw3dxl55eu9gw9h9sfplqalllgylzqef5gujq8et .
Glad we have such voices in this space - a bit too full of patting in the back, repeating slogans, quick generalistic value judgements (orange=good) and vain good mornings
Please take a read 👇
https://allesvoorbitcoin.substack.com/p/why-value4value-in-bitcoin-is-a-scam
thanks for truly reading through my frustrations , the core message is the important part here. And if they want I invite anyone in this space to truly tell how they got rekt by working like this.
(and no, "look for a sponsor" is not always the answer, I wish it was that simple.)
PS; and if you don't agree, that's fine, just mind that I'm a human being, who's in this for a while now
I agree with many parts of it, but am a bit surprised that you keep this stance together with 'no sponsors'.
I doubt podcasters sponsored by nostr:nprofile1qqs9500z3l7sn46sdnls5fnjm0d3lqmrq7707qshes2y7j8pnm4rllcfc0kcc or nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcpz9mhxue69uhkummnw3ezuamfdejj7qpq88x98j0r7l2fszeph6j7hj99h8xl07n989pskk5zd69d2fcksetqtrfcre or whoever understands that today good content needs to be supported (even if doesn't bring measurable marketing results), compromise their souls on being sponsored. Isn't it also #value4value, but more b2c-like?
I know you don't have an answer and focused here on the critique (frustration soaks through lines), perhaps noone has... and each of content creators, distributors, consumers chooses their way of monetization and reaching out.
I don't think anyone claims that #value4value can totally replace other models, or that will largely kill ads, sponsored content, clickbaits. But it's nice that there is one more method of distribution / monetization / relationship consumer - creator. Years ago you had to go through some licensed institution to make reach and money.
----
We had short discussion about it with nostr:nprofile1qyt8wumn8ghj76r99eex2mrp09skymr99ehhyecpzemhxue69uhkjmnzdauzumn0wd68ytnhd9hx2qpqmrmu3s5889zcaqcqwxejx8gtkp9rwna7fq0vqezk4x22rnpr2gms0sctx3 recently, who through hard work, dedication and lots of content can make a living out of podcast. I'm sure backdoor deals, increased network, brand, recognition (which brings other fruits later) conference tickets and hardware freebies play a role there, and it's great.
To reply purely on the sponsors stance: in my specific situation it's not doable. I'm in the "Bitcoin North-Korea" of Europe (Belgium) and make a podcast (and other things) for the local community.
There's close to no 'market' anyway for any sponsors to address, and on top of that, I don't want that hassle (sooner or later you'll have to walk a fine line when talking about that product or service).
Imagine having Celsius Network as a sponsor back in the day...
I get that this critique is not true for everyone everywhere, if you find good sponsors and you're doing fine.
I think the only viable solution for now is getting 1/4th out for free, and the rest on a paid, separate stream that can be paid in fiat (or bitcoin if technically possible).
I don't have the solution or answers in any case. But I hear and see questions and frustration about this model with other podcasters, artists and devs alike.
(and not all of them talk about it, for fear of coming over as self-serving or needy)
You’re absolutely correct. V4v doesn’t work
What you need is to be paid per stream in real time. We can do this with NWC.
You brought up some valid points here though I still think the idea of V4V is a good one. And I think in addition to the argument that many people aren’t big „spenders“ for content theres another one imo: As long as Bitcoin has this big „store of value“ narrative, why should people spend it? If your sats are worth 5x within a few years, why give them away? For whatever? Just hodl as they say. No?
