128 sats \ 2 replies \ @elvismercury OP 5 Dec 2023 \ parent \ on: Stranded sats redux: sats abandoned on SN? meta
I view the sats I've accrued on SN as funds to devote to the betterment of SN. I haven't withdrawn any for any other purpose. I have total faith in the ethics of the management, but I also expect that if these were funds I was using to live my life, the standard would change, so your takeaway would probably be useful to many.
My only divergence with you would be related to the existential terror I described in a previous comment, of not letting sats disappear into the void. I think if I were in charge, I would say something like: "If your sats haven't moved in ten years after your most recent activity, we sweep them into the SN reward pool." That way if someone dies, they're not lost to the world.
Sort of a water belongs to the tribe thing.
We grow the SN circular economy ✊
Good ideas, hadn't thought about how custodial websites like these handle this sort of thing
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As a user, I would agree with those terms. It's the correct ethos--and suggesting that people understand how to manage their balance (not use this service like a wallet) and setting up the expectation up front would be ethical IMHO.
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