Interesting perspective on content and monetization https://image.nostr.build/fef14cdf14897e83a53d10c00cb4162473104c73a82fc2d634fb51be0f5e1e2d.jpg
Yeah… Uphill battle…
Those 21-sat zaps ain’t gonna cut it 🤣🤣🤣
… yet https://i.nostr.build/nOKn.webp
Lol honestly that’s the dumbest perspective bitcoiners have and it pisses me off in these conversations. If someone is working to pay the bills then they are operating in today’s price/exchange rate for bitcoin. You gonna be able to replace your car with a few thousand sats?
Oh no I agree. I was really tongue-in-cheeking there. Trust me if someone sent me 69 sats and said “This will buy you an even better car in X years, hope it helps” I would commit obscene actions. Especially being a content creator, the cost/revenue of my videos is grossly out of balance.
Hmm my zap should’ve said for that car, not oven 😅🤦♂️ Yea its a huge problem for Nostr when it comes to content and monetization. Everyone has their heads up their asses on it talking about future value and generational wealth.
I like this Corndalorian 😂
Lol 🤣 On a long enough time frame, I do believe Bitcoin will far exceed all expectations. But for the writer, video creator, singer, etc, who needs to keep the lights on and put gas in the tank, none of that matters.
Zaps will absolutely not support a full time content creator. But it can help hobbyists. Most platforms require to reach a certain level to even begin earning. Then an even larger audience to start making a living. With Zaps even if you have one fan you will be zapped. And since they are not relying on it to live. It’s will just be an extra source of revenue. albeit small. Those are the people who I think will jump in first.
Nice YouTube video you got there. Would be a shame if somebody ripped it and uploaded it to nostr.build
The point isn’t the platform. It’s the money/revenue. Obviously Mr. Beast is a high profile example, but it gives an idea of the upper end of the scale when it comes to content monetization and what Nostr is up against when we talk about wanting creators to put their content here.
It's a problem of scale, not monetization model. Given an equivalent number of users between YouTube and Nostr, he would earn far more from Nostr's direct V4V model. And given Nostr's censorship resistance, there's not much to stop people from ripping content and posting it over here, on flare for example, and earning sats that should rightfully go to the original creator, but won't. Can only sleep on Nostr for do long before you start losing out.
Scale is the problem. You can’t compare “what ifs”. There aren’t enough bitcoiners in the world willing to spend their sats to support the levels of monetization people can make on other platforms.
Yet... But... More Nostr users = more bitcoiners. Because the two are inextricably linked. #growNostr and I believe that will be the path to hyperbitcoinization.
It won’t happen overnight. I do believe it can trend that way, and passionate people are building good tools on Nostr. But it puts the massive difference in scale into perspective when I think about this post from Mr Beast.
Well yes, we're talking about 10k daily active users vs 120M daily active users. And still a stark difference in UX. But I'm optimistic about Nostr because of the pace of development in that UX. The more frictionless it becomes, the more enticing. Primal having a built in wallet is the way. Amethyst and Damus will be apps for power users, but clients like primal will onboard the normies. More content creators will attract more users and more users will attract more content creators. Flare is a great start for video content, but I've already been saying that I need to be able to pay for more storage and bigger upload sizes. It needs both free and paid tiers for creators. As the Nostr UX improves, it will reach a point where it's so easy to use that user adoption will finally start to snowball. We're not there yet, but at this pace, we're not that far away either. I don't have the dev chops to contribute that way, so I will continue donating to OpenSats and zapping the devs directly.
I’m optimistic and believe Nostr and bitcoin are superior, but I do think a good dose of reality is healthy. Nobody is coming here to create content if all they can expect are a few measly pennies worth of tips for their time.
Us 10k daily active users are the beta testers to help the devs get this shit off the ground. Somebody has to try it first.
The alpha alpha testers maybe is more realistic 😂🤣 But yea it’s a fair point that we’re early.
Or if Mr. Beast gets taken down by a fairy 🧚
zaps on nostr > tips on Twitter
You’ve seen someone making millions of dollars in zaps on Nostr?
In generational wealth terms sure! 🙄🤣
Lol bullshit answer
Everyone cares about $$$ they can make, nobody cares freedom & censorship though. 😂
You don’t think money = freedom?
Bitcoin = freedom Money = Slavery
That’s an idiotic perspective completely ignorant of reality.
Generally People think FIAT = Money & Money = Slavery in this case 💯
People will get burned and learn their lessons.