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that actually came from an in-person conversation with Clay Space, who went on to write up the idea here: https://clayspace.medium.com/bitcoin-as-subscription-c21b582d4e90
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Ah nice one, will give this a read. Cheers!
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pull down to refresh
that actually came from an in-person conversation with Clay Space, who went on to write up the idea here: https://clayspace.medium.com/bitcoin-as-subscription-c21b582d4e90
Ah nice one, will give this a read. Cheers!
Allen thanks for all you do in the Bitcoin space, I have learned a lot from reading your work. I am still working through Bitcoin is Venice and it has been a great read so far. One quote really got me thinking and I was wondering if you could expand on it:
"The way a consumer pays for content is to provably stake their bitcoin in a Lightning channel programmed to direct its fees to the content creator."
Not sure if this was Sacha or you that wrote this, but I would love to hear more on how you think that this might work.
The tricky part to this is that not all staked liquidity on the network is equal / will generate the same amount of fees. How will content creators measure the value of staked liquidity? How will fees be provably be sent to content creators?