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14 sats \ 12 replies \ @Aardvark 13 Jan \ parent \ on: Poll for SN Territory Owners: do you rent monthly, annually, or permanently own? meta
Do you think buying them was worth it?
Founding a territory for life is the only way to found a territory imho
Anything else just drives up your overhead over time.
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It's so expensive, but seems like a good idea long term. I guess it just comes down to how much faith you have in SN. It's something I am considering.
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Yeah the long term success of SN is something that's been on my mind as well.... This is how I've been thinking about it:
Assuming development efforts continue long term and the current folks stay in charge, I think a reasonable worst case scenario is that long term, it's kind of a niche site for all of us early bitcoiners. I can see that continuing on for a long term, so like... Eventually we'll make the investment back.
The WORST worst case is that ownership changes or just discontinues, and that would be sad for a lot of reasons.
Anything better than that makes it seem like a pretty good investment in my mind if you try to keep the territory active. Even slow user growth should make it worthwhile if your territory is reputable and doesn't get obsoleted by another territory.
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I'm not super worried about the long term success of the site. I like the development team. k00b has recently said a few things that make me really respect his decision making in regards to the site.
My major concern is more about whether or not I am cable of founding and nurturing a territory that people would want to use.
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I view SN as my life's task, the intersection of most things that I care about, if that helps. Also, there are other longevity things at play. The only exit from SN that I'm interested in is the one where I've successfully decentralized it and SN doesn't need me anymore.
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I've watched enough video games decline by watching devs do what players say they wanted, not what they showed they wanted. So when you were talking about removing the leader board despite what stackers think they want (paraphrasing) it kind of sealed the deal for me as far as how much faith I have in SN. Like I said, it's now more of whether or not I feel that I can personally run a territory successfully and add to the site or not. There's no point in making a permanent dead territory.
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If you rent for even a few years and then decide to take a break or stop, then you lose your territory and all that money is gone (unless you’re sats flow positive)
When you found for life, every sat you stack brings you closer to breaking even and profitability.