Fuck yeah. Happy I found this when I did. Really cool to be able to help this grow. I shill it like I made it lmao.

Stacker news has been the biggest "holy shit this is magic" tech thing for me in the past few years. It's by far my favorite lightning project to shill. Thanks k00b :)

Also, mad respect for the lightning bolt UX... elegant, intuitive, beautiful.

I legit check it everday found some cool projects and discussions here and it's part of my daily bitcoin update routine

@k00b should charge to host communities for people. offer some minimal branding options like a logo and a few colors.

I would move my subreddit crew over here. I mean the sats payout for contribution is an amazing co-op style system that is very attractive.

Agree. Love SN. It’s also helped me kick my Twitter addiction! Here I get to check maybe a couple of times a day and see quality content with solid discussion. The fact that it uses Sats is really useful friction for now I think (filters for the right people), and I suspect will scale really well too.

Well done @k00b and team!

Also thankful for Stacker.news.

While Reddit upvotes and Twitter retweets can help to share good content, Reddit awards and Twitter likes don't have any real value. It feels better to send someone 100 sats than to send a free Reddit award, because the sats can be spent on real products at any Bitcoin-friendly merchant via an open network.

Also Stacker's UI is easier and more streamlined than sending a manual tip or using a tip bot (one click vs. "scan QR/copy address, open external wallet, choose amount, send").

These Lightning tips also help to create a circular economy (e.g. someone receives a tip, then tips someone else's post or saves their tips to buy a product) and it could be many people's first experiences with earning and spending KYC-free Bitcoin.

You can build beautiful things on simplicity and clear rules. That reminds me of something…

SN has been by far my coolest find this week. Amazing community here.

Stacker News is the based source for Bitcoin anything and everything I find myself addicted to the information since it is so compiled and also the engagement ps I love seeing the sats go up! Its a great concept and just so simple to use if your looking for quality and your here you have found it. Just like at all the Meet Ups that are happening they draw in quality and thats what I see that Stacker News has accomplished and continues to do!

Thanks f! Tokens that you control and can give yourself are always going to be scammy. As a token issuer you'll always have incentives to give yourself tokens regardless of the value you've provided to people. SN has no such ability to give itself sats, so it has to earn them. Fairness is so important in any community.

Even if you could stumble into a novel technology & incentive structure that achieves harmonious equilibrium and some interesting game-theory powered feature set or utility, then that development still needs to be funded (or justified against prevailing opportunity costs). And then, after it's funded, then comes the challenge of token distribution mechanisms. After that, governance for change management over time along with security both need to be really well done. And it can't take off while still centralized, cause if there is any material volatility due to early hype (call this "Vaporware Volatility Effect") -- with a crash that follows -- then people get litigious and go after the founders, (See Tezos, Sia, Nano).

If the odds of those 6 gates (Novel Utility, Funded, Distribution, Governance, Security, Vaporware-Vol) succeeding are 10% (very generous), then it means there is a 10% x 10% x 10% x 10% x 10% x 10% chance of reaching long-run viability.

1 in 1,000,000 chance.

There is only 19,041 entries on CMC as of the time of this writing.

I declare the above, the The Six-Gauntlet Token Proof

Short & simple text-centric model works best when money is linked to posts. Anyone remember what a shitshow trainwreck Steemit was?

the truth... is beautiful

I agree, it's fantastic to see what's happening here. I am imagining the possibilities as the website expands, this really could blow up if it's handled correctly.

Next step: have people run their own SN instances on their own nodes and have them all work together over open protocols: syndication via RSS, karma transfer over LN.

This would make all other social networks irrelevant.

I love this kind of experiments, just like sphinx, what happens when people can get paid for the content their produce?, Would they behave different?, Would they try to be better users?.

Let's see it.

SN is an interesting platform and it differs from the rest, the same community within it supports, shares and interacts, and regarding the token, that is solved by Bitcoin, there is no need to look further in other currencies, BTC is a secure, network where no one has absolute power or attempts to harm a third party

Me, I do!! 😁

👏👏