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What if you lowered it to 50k? Do you really think the regulars would leave?
100 sats \ 8 replies \ @k00b 7 Oct
Yes
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Wow you’re very sure about this! Why are you so sure?
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120 sats \ 6 replies \ @k00b 7 Oct
Because most people won’t spend much time here when they’re at a net loss financially.
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Blunt, but honest! Definitely makes the business model tough having to personally pump 100k sats into the reward pool each week to keep the site afloat.
I mean that’s the whole draw/differentiator right? That we came for the sats? Next step is to stay for the community.
But it’s easier for me to stay here when I’m neutral. And it’s more fun to be here when I can freely give 100 Sat zaps knowing I’ll get it back.
The most honest thing I saw in a @Natalie guide or @Coinsreporter guide was that if you’re here to earn sats it’s an inefficient use of your time. Cuz it takes a LOT of time to earn comparatively less sats.
Would earn more money getting a job helping actually develop Stacker News with you and @ek! Of course not all can do that! Not all can be funny either… 😅
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It’s actually 100k per day, not per week. So quite a bit!
I like seeing the daily rewards, if I get any. But the content and interaction is the reason I’m here. Sats are bonus
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I see what you’re saying the orange is donations and @k00b is donating a freakin 100k sats every single day! That’s what makes it so I even earn 1953 sats in a day of daily rewards. I’m #15!
So @k00b must be #1 every day cuz a big chunk of his donation goes right back to him for reward.
But if he didn’t do what he did then my 1.5% kickback would be a lot less sats!
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You’ve hit a zen like state in your SN.
I’m still new so I still think about when is the best time for my posts! But just for engagement right? Not the sats?? 😅
I know @k00b got $1.25M in VC seed funding two years ago, but you’re saying he’s donating 0.007 Bitcoin a week to the rewards pool?? 0.001 bitcoin a day? 0.02 Bitcoin a month donated in rewards?
I mean $1200 isn’t much for a business I guess but it feels like a lot!!
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113 sats \ 1 reply \ @Satosora 7 Oct
I think you would be surprised at how many people would stay. At least the people l am thinking about, they would stay.
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Who would stay? Which territory founders would stay?
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