pull down to refresh
100 sats \ 5 replies \ @teodor 20 Aug 2023 \ on: I was a well-paid blockchain / web3 dev for years, but became disillusioned. bitcoin
"Apps where you can spend 1/6 of a PENNY and it just works instantly opens up entire genres of software."
Can you name some of these? Would help a lot! Thanks!
Sure thing! There's this (toy) app that has the experiment of paying for scrolling: https://webln.twentyuno.net/scroll
Scrolling costs 5 sats per view, as you go. 5 sats ≈ 0.13 cents, in other words ~ 1/7.5 of a penny.
https://yalls.org/ is a bit more than 1/6 of a penny, it's 4 pennies on average to keep reading what someone has written.
This site we're on takes it up to 100 sats per bump but even that. The convenience of distributing real monetary value in these tiny sums can open up a market with participation the likes of which has never been seen. This is what reverses depressions! Spending patterns bring direct knowledge into our society as a whole.
I recommend the Hayek essay "THE USE OF KNOWLEDGE IN SOCIETY" for anyone interested in the prices=knowledge idea, it's freely available online.
reply
Thank you very much!
reply
In the meantime I also found a very good sats resources here: www.stacksats.how/#stack-sats
reply
Fantastic, thank you. Been looking for something like this
reply
You're welcome!
reply