0 sats \ 7 replies \ @siggy47 OP 24 Oct \ parent \ on: SN Fedimint Federation? meta
I meant your opinion, not your emotions.😀
IMO there is no substitute for real bitcoin for incentivizing quality content. Cowboy credits will work, and they will be easier, but then what distinguishes SN from reddit? Didn't they even start their own Shitcoin?
what distinguishes SN from reddit?
- The option to send sats separately with 1 click, directly P2P not through SN. That way who is zapping will think twice when, how much and to who.
- SN could create a wonderful game with CCs, a gamification inside SN and using these CC ONLY for up/down voting posts. Is not a big deal. Not everything in this world should be done only with sats. And LN is not ready for that yet.
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Can you explain
The option to send sats separately with 1 click, directly P2P not through SN.
I'm having trouble visualizing what you mean here.
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Right now SN act as "interceptor" of the zaps.
That means stackers still don't get it what is going on behind the curtains.
But there is a lot going on with all these intercepting zaps and forward the sats.
SN wants a cut from these zaps. Fine with that. But is generating a lot of friction and trouble, confusion for many.
When people will realize that zapping 21 sats the other party will get 14 sats and also paying some fees, will not going to zap so much.
Instead, by using CCs will be mush easier and could create much volume in zaps.
If you separate votes from zaps and let the stackers zap each others freely without interception (like on nostr) that is also creating a much clean flow of sats and with amounts that really matter, not 1-10-21-100 sats.
Even on nostr I see it dumb to zap each others 1-21-100 sats. I do it myself but more for testing purposes.
People will see that is not feasible to send 21 sats and pay 2-3 sats in fees...
For example I could easily zap you now 21 sats just because you asked an important question. But I do not do it. Why?
Because I know you are using an external wallet. That means you will receive 14 sats and will be paid some fees too.
Instead, I will zap you later a larger amount on another post, accumulating all my previous intentions of zapping. Why? To avoid friction, because I know what is going on behind all this.
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Is there a scenario where the site owners/devs are fairly compensated without causing the friction?
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Yes create a "general store" for CCs.
Yes that sounds like creating a shitcoin but is not.
Or using a LNDHUB system (like in LNbits) for internal use.
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Something to think about. We're probably getting into "money transmitter" area then, and we both know how that conversation goes😀
If, on the other hand, this store could be separated and not controlled by SN it could work, but how do they get compensated? (All this bullshit for fucking govs!)
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Not everybody have balls to stand the ground...
I've seen this transformation of bitcoiners during all these years... sad, really sad
But I talked too much already, I should let these things settled and people slowly will come back to my words. We will see.
Why should I care so much anyways?
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