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0 sats \ 3 replies \ @siggy47 OP 28 May 2023 \ parent \ on: The Zen of Stacking Sats On Stacker News bitcoin
I can't disagree with anything you said. This is not a cost efficient place to earn sats. It is a place to learn and build a community.
My purpose in writing the article was primarily to advise newcomers how to interact with the site. Earning sats is also nice, but you can't make a living here. Yet
I do think that things may change in the future, as the price of bitcoin increases in fiat terms, and each sat can buy you more of what you need to survive. I wonder how SN will look in 5-10 years.
Will it be a place where writers publish their work, rather than just a place to announce and publicize articles posted elsewhere? I don't know.
Can it be a place where people whose fiat currency has devalued to such an extent that a couple of thousand sats can make a difference in their lives? I think we're closer to that point.
I really believe that Stacker News has a great deal of potential.
Oh I definitely think that the sats we're stacking now will have significant value in the future. As the value of a sat goes up presumably people would tip smaller amounts, so the early adopters have an advantage.
SN definitely has tremendous potential but I think it's only a piece of the puzzle. You can tip here, but it's optional. If I were a professional writer looking to make a living I'd want to have the option of charging per article. Not a revolutionary concept - just take the existing concept of a paywall and make it seamless. Charge per article and not per month. Ideally, I would be able to use the sats I already stacked by participating in SN or a similar site (this concept should totally be expanded to other topics, like gardening, etc) to pay for an article at a bitcoinized version of substack
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I wouldn't mind a gardening sub either. Regarding pay walls, Im curious to know how substack writers do financially. For me, I avoid all media sites with pay walls unless I can 12ft the article. Maybe Im just cheap. I guess it's too early to tell whether value for value is viable.
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