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The interesting thing about Stacker News is that people are paying to get their content in front of others, but they earn more than that back in tips.
SN seems to demonstrate that a tip-driven economy can be supported

From these observations, your conclusion falls apart. People backward-induct that there's more (or at least cost-covering) rewards coming back to a user, making posting and zapping in advance worth it.
Take that away (as the ever-shrinking rewards pool shows), and the dreamy, flying, V4V platform that is SN will have a date with gravity

Have you been watching the rewards pool lately? Downzapping fever will save us.

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This guy's business is based on ripping people off, how long can that last?

To be honest, maybe there's slightly more demand for throwing away sats in hatred than there is for donations/voluntary support.

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I haven’t given this much thought yet, but that might be so. How much does legacy media get paid to squash stories?

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I'm not aware neither of legacy media squashing stories (Hunter Biden laptop?!) nor nefarious payments to do so

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I’m not sure how many payments are explicit.

It’s mostly through access and withholding ad spending.

Epstein story was squashed by the royal family, according to the reporter who was about to break it for instance.

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