60 sats \ 4 replies \ @Car 18 Feb \ on: Prediction: Bitcoin Magazine won't survive promoting Ordinals and inscriptions bitcoin
Being controversial works. It gets everyone talking about “it” thus making them more relevant. If you want something to die ignore it completely.
As for the cover I have no opinion on it. I do think they will make a boat load of fiat this cycle because they are promoting this kind of stuff. I say run your media company how you see it fits into the ecosystem. Actions should speak louder than words. But this never tends to be the case in the Bitcoin ecosystem. Words take precedence.
💫 Lastly as a reader always support, give time, sats, attention, share, like, rt, consume and pay for things you want to see continue in the world. Not enough people do this and great things go away and die in bitcoin.
Being controversial works *if done right.
If not, it could backfire.
My prediction is that, in this case, it will backfire and the brand will not survive it.
Sure, they'll make a lot of money with their other ill-conceived ventures. Scamming mathematically challenged people will probably be very profitable.
However, they're sacrificing the Bitcoin Magazine brand to do so. Which may be part of the plan.
Good points. Looking at it without considering the emotion of the subject matter, they are courting some short term profit, but at the expense of some long term readership. Strikes me as fairly high time preference stuff. Bitcoiners have pretty long memories.
The media model is pretty screwed nowadays, so I have a slight bit of sympathy to their predicament. As you allude to, it will be interesting to see if Bitcoin can help change it. All our time is scarce; perhaps in the future people will have more respect for the value of their own time hence more willing to pay for quality content without being constantly advertised to.