221 sats \ 2 replies \ @davidw 19 Sep 2023
It’s not about revenue, it’s about identity.
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0 sats \ 1 reply \ @TheBTCManual OP 19 Sep 2023
So the goal is to get more of the users to KYC and then how do you think he will monetise that?
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0 sats \ 0 replies \ @davidw 19 Sep 2023
Yes. Monetisation can happen via many routes. Through direct payments user to user, monetizing attention, offering “trust” features or custom algorithms for those that are subscribed, advertising, VPN usage via starlink etc.
If the goal is to make X the everything app, they need to identify everyone to open these possibilities. Monetisation is the excuse for identifying everyone. It will keep the lights on whilst building out the monopoly, but the data is the real valuable asset.
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31 sats \ 0 replies \ @TheBTCManual OP 19 Sep 2023
I guess the blue check brigade and gold check corporate shill accounts are not bringing in enough revenue, who would have thought?
He keeps raving on about bots and sure bots are a problem, but microtransactions that are likley not using LN? Whats the point? How would it be enforced? Why would I pay for the zero reach I get right now on X?
Why would I pay to see content people would post on other socials for free?
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