What is the value for value principle?
Discussion
value4value.info
An ethereal concept that doesn't mean much imo. And to be real is proving not to be a very viable option for making money from you content.
That said I use it lol
nostr:note1glf635f5d2n2awm2acejt3mrzvjr44rg3wrxux4ccwhw47x3y9nsdz55sn
What would it mean to make it work for him? Has anyone managed to earn a living from "v4v"?
From what I understand it's just the expectation that people will donate money in exchange of content. It isn't new but with Bitcoin and zap it made it easier and more viable.
It depends on the expectations of each participant.
What it is not, is a market mechanism, because the producer/supplier/seller is setting the price/value of the item transacted at zero. So the correct price of the item will always be zero and the vast majority will pay exactly that, even if they could and would be willing to pay more to get access to the item.
So anybody expecting the outcome to be similar to that of a normal efficient market will eventually get frustrated, as we constantly see here with the droves of "content creators" who bitch and moan about "not being valued" -- they are the ones not valuing their own content though.
For those not having these type of expectation and understanding that lack of barriers to access is what defines ownership (so, if you put out a content for free and without access controls, you don't own it and can't expect payment for it), it's a great model because every single penny they receive is more than their own valuation of the item they gave away for free. They are receiving more than they signal to other participants that they deserve, which is great.
And yet here it is in the market working 🤷♂️
nostr:note1glf635f5d2n2awm2acejt3mrzvjr44rg3wrxux4ccwhw47x3y9nsdz55sn
I didn't say it doesn't work. I gave two cases, and the second one works great.
Value 4 value is not something that can or cannot work. I mean, it's already working here everyday since it's just the idea that you can donate money for free content.
Your meme dosen't make much sense. Or I'm missing something.
It should be obvious to anyone here that it works but there are many who say it can’t work and like to write long winded posts full of blabbering and wasted words to try and make their argument against it. Reality is that in the market for digital content it is a valid and effective mechanism for monetizing.