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106 sats \ 7 replies \ @DarthCoin 6 Mar \ parent \ on: SN Territory Rent in a bull market meta
I think @siggy47 had a post saying that buying a territory for 1 year is more like an investment, or something like that.
Wise words.
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Be sincere (I know you are always sincere ):
- Did you open a territory to earn some sats ?
- Did you just want to cover some way the cost of the territory with the sats earned from it?
- You don't care, you just wanted a territory to manage it, as experiment or whatever ?
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I'll try to be as sincere as I can, since I haven't given it much thought. I probably should have.
I definitely see territories as an investment. When I first discovered SN almost two years ago I read about the beginning of the project. There was a venture capital raise. I wished I would have been able to invest at the beginning. So, when territories were announced, I wanted in. I wanted a chance to invest in Stacker News. I knew the territories would not be profitable at the beginning, but I did want, and expect, to eventually earn sats on two of them:
Booksandarticles and bitcoin beginners.
I hoped, and still hope, to earn enough sats from them to support the third territory, dogs and cats. I never really saw that as a way to earn sats. I wanted that as a way to aid bitcoin adoption. It may seem stupid, but I just have an image of older, crazy cat ladies posting cat memes and trading photos with each other using sats as their money, even if they don't fully understand what sats are. I know it's crazy, and a long shot, but it might happen.
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That's funny. I assumed dogs and cats was your shameless cash grab and the other two were more service oriented.
Thank you, very well explained.
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