I assume the implementation will look a lot like yalls.org?
At yalls.org, you can read the first paragraph or two, and if you want to continue reading you scan the QR code with your phone... Or you click "pay" in the browser plugin of choise that supports Lightning payments...
Anyone know how they’re planning on doing this? I image they’ll be emailing users Lightning invoices or gating posts with them but I couldn’t find details.
Kind of worse model for publishers because they currently get paid regardless of whether they’re actually read or not.
Fun subscription fact: it takes the average gym goer 18 months after they stop going to cancel their subscription.
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Given that it's a collaboration with OpenNode, my hunch is that it just means Substack will expose some kind of payment invoice that's integrated with ON behind the scenes.
Regarding whether or not it's worse for publishers, it might actually be better in the long run, since it instantly expands the potential market to... you know... all of humanity ⚡️
(Also, @koob, be wary of averages... this is probably skewed by people who never cancel 😂.)
I figured there's a way to send encrypted content and decrypt it by paying an invoice?