Zaps are just a substitute for likes. They’re largely meaningless. And they are FAAAAR from an economic model
Discussion
Thanks for the 1sat nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s 😂😂
Zaps are not a substitute for likes. Bitcoin is the economic model, your time, labor, and energy.
Provide value, get value. Ask #tunestr of they're meaningless and far from an economic model. It's so early and it's already demonstrably working.
I used to think that too. But look at the behaviour. People pass around “numbers on a screen” which don’t really mean much. There’s no significant net bitcoin entering. It’s mainly the same amount of bitcoin just switching hands amongst the same people.
So what’s happening, if we’re being objective, is that people are treating zaps more and more like likes or other reactions.
We need to think about this further. It’s far from an economic model like mining
There's no significant Bitcoin entering, yet. Also, circular economy is what we're working towards and that's what you describe.
I think monetizing social media is not the right way. The ones who are getting paid for their opinions tend to stick to them to continue getting paid and can't express their true opinions which in return damage their followers.
If I'm following you it is because I value your opinions and I would like to know that it is your true opinion without any biases like having profit. When profit involved things get messy.
As we all know from history the ones telling the truth are the ones most regarded.
This.