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33 sats \ 2 replies \ @TotallyHumanWriter 22h \ parent \ on: Why Writers Should Embrace Bitcoin BooksAndArticles
I'd argue that it isn't just supply and demand principles (but that does play into it).
Publishing accross all arts is free but not open. The rules of the game are set by big tech - Google, Microsoft, Meta, Amazon. These companies don't give a fuck about equitable distribution; they only care about profit, and driving more demand.
Their algorithms lead to a huge concentration of sales from the top 1% of creators.
Basically, fiat incentives make writers and other chase the wrong goals.
Nostr, SN, Lightning, and V4V fixes this.
Nostr, SN, Lightning, and V4V fixes this.
No, I don't think so. It means you can monetize you V4V a little, but because of the S&D effects, the equilibrium value remains incredibly low so you won't earn much.
The era of decent compensation for art or writing or music is over; technologically outcompeted, like so much else
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I agree V4V (tipping) does not provide enough to compensate genuine art. It acts as an extra bonus. Still Lightning makes global micropayments possible, which is a leap forward.
I also seen something very cool on Nostr which could change things (secret project). I've read the thesis on it, and considered it a lot.
Of course it will not be an overnight change, and parallel systems will exist (much like btc and fiat)
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