Oddbean

it’s ridiculous that big platforms get to decide when you’ll get paid for your effort. and then they take like a 50% cut! zaps and later cashu will fund a new generation of value creators. the market will vote on what it likes from day one. nostr:note1w3t32elvdls35h03puuxd96ctyvw34qjkr7nq0d7k0rzqv4x2rjsshjy9m

Why? Big platforms benefit from scalability and economies of scale. So in the end, while taking a portion, the content creator gets more. A small piece of a big pie, is still bigger than a big piece of a tiny pie. And due to scalability issues nostr cant scale to even 1% of bluesky without having to nuke all its data, let alone, compete with a big platform, which themselves are 100x bigger than bluesky. It's a catch22 situation, and content creators cant be expected to take a large loss, on something that doesnt scale. This is the market alraedy voting.

This is a good point. But the vast majority of that comes from one very generous person who i think have given 57 million, about half of which goes to nostr. Not sure that can last forever. If you remove that. Very little goes to content creators. Tips are typically 21sats which is about 2cents. Would you give someone on the street 2 cents? There may be a handful of generous bitcoin whales but very little trickles down. And in the case of the relay network, nothing went to them of that generous donations. Much is still unaccounted for. If the money was fairly allocated it would be a different story. But how to do that?

That’s a question of time preference. My 69☯️ zaps were 2-3 cents when I started on Nostr, they’re now 10 cents. I’ll keep zapping 69☯️ and soon enough they’ll be worth 20 cents. Then 25. Then 50… My grandkids will look back on my npub and be pissed at what I frivolously sent a dinners worth of Sats to. Today that might not be enough to keep a content creator alive to which id say - get a real job providing real value to real people. Making memes isn’t adding enough value to the extended order to warrant it being a full time job, and it likely never will.

21sats is what you get for doing nothing 😃 I checked my stats, I also received a median zap of 21 i’m still curious how much this can scale money makers are always outliers too this by no means a job, but content creation rarely is on any platform, it’s a tough game no matter where you go