347 sats \ 4 replies \ @Natalia 29 Sep \ on: Stacker Saloon
Catching up to what's going on with SN lately, and wow, SN tax is so high now: 30% 👀
Isn't it better if the territory owners are free to decide how much they want to tax, like running countries, more FUN! e.g., even offering 0 tax or tax-free below a certain amount? Ofc you can tax higher like the Nordic countries if you offer some other benefits, but then how would Bitcoiners do under Bitcoin standard? let's say, donation as a fee? 🧪 hmmm.
It's not just a tax: i'm pretty sure the main reason it went up is to see if it helps with Sybil problems.
At 10% it still makes sats to zap your own content to get it more attention. If a stacker zaps their own content with a 10k sat zap from another account they control, the zap only costs them 1k sats (at the old 10% rate). If the stacker can garner at least 1k sats from other stackers, they're net positive and are probably on SN front page for a while, regardless of the quality of the content. At 30% maybe the calculus changes a little.
It's talked about in the release here: #692150
I do miss your writing, though. Would love to see something new!
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