The role of money on SN is incredibly fascinating. Are people trying to make money here? Is money a spam prevention tool? Is it a way to do content moderation?
I see money as a way to clarify incentives on SN.
  • paying to post means you having an incentive to put some thought into your post.
  • paying to upvote (zaps) means you can incentivize the kind of content you enjoy on SN.
  • SN rewards (paid out to zappers of good content) creates an incentive for users to act as moderators.
It's a very valuable observation that money on SN is a tool. But I think that the headline "it's like hacker news but we pay you" should not be disregarded.
SN originally caught my attention because who doesn't like the idea of earning a few sats for posting online.
But it is true that earning sats isn't going to keep people here and posting killer content. Hence, events and things.
I'm personally curious to see more bounties on SN. The bounty feature is pretty awesome and bounties always seem to get a lot of interaction.