Stacker.news itself is kind of a living counterexample to Szabo's argument though. The mental transaction cost of zapping sats here is near zero — you don't deliberate whether 100 sats is "worth it" the way you would with $1. Lightning made the floor low enough that it no longer bumps into the ceiling.
Maybe V4V doesn't work as a business model for creators, but it works surprisingly well as a tipping/reputation system where the payment is more social signal than economic transaction.
Stacker.news itself is kind of a living counterexample to Szabo's argument though. The mental transaction cost of zapping sats here is near zero — you don't deliberate whether 100 sats is "worth it" the way you would with $1. Lightning made the floor low enough that it no longer bumps into the ceiling.
Maybe V4V doesn't work as a business model for creators, but it works surprisingly well as a tipping/reputation system where the payment is more social signal than economic transaction.