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A thing I've heard said is that btc is just rediscovering all the lessons of markets and finance and economics. Usually this is a pejorative but I take it as a compliment- doing all that on non-state money is quite an accomplishment.
V4V is the same, although more of a pejorative imo. Not sure why we need the term at all to describe busking or tipping. Not sure why anyone expected two thousand years of human behavior to change bc suddenly the money is bitcoin.
But whatever, the truth wins out in the end. If you're looking to make a living on your SN or nostr activity you better grind like a fucking madman, that's all I can say. Bitcoin doesn't fix this.
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The problem with this article is that ignores the fact that v4v already exists. Go on any popular stream on twitch and see for yourself. Yes it's fiat, but that doesn't really matter because the point of the article is that "very few people have good will"
The only difference is that there are less bitcoiners so a smaller audience.
TLDR: We're still early.
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101 sats \ 7 replies \ @k00b 15 Feb
I think the article is less about the effectiveness of online busking/tipping culture and more so about the specific psyop of V4V. Twitch is not telling people "this is a new paradigm where free riding doesn't exist."
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I'm not as deep into the culture yet as you are, so I just took it at face value.
Apparently there's messaging about it that I'm not aware of.
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121 sats \ 5 replies \ @k00b 15 Feb
There's some background here, but most of the evidence is preserved in the name. The reason we're asked to call busking/tipping/trade something else is to hide crappy incentives, and "trick" people into giving more than they would if it were called busking/tipping. Information wants to be free whether it's valuable or not, whether it's called valuable or not.
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Ok, i think I get it.
Streamer = hey guys If you like it please donate.
V4v = i made value, you owe me.
Is that correct?
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Yeah... typical how a good thing gets blown out and distorted. Adam Curry popularized the V4V term but has always said the value is determined not by the creator but the receiver.
The whole "you owe me" thing is super common in Open Source as well. Dude, you opened sourced code. I don't owe you anything. That's not how the world works.
121 sats \ 1 reply \ @ek 15 Feb
I'm pretty sure these twitch streamers don't rely exclusively on v4v to make a living
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While they have other forms of revenue in the forms of advertising, I assure you that there's plenty that make more than I do in subs/donations alone.
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21 sats \ 0 replies \ @OT 15 Feb
This.
If you're a YouTube gamer, you need to start producing content for free until you have a big enough audience. Most never get big enough and will have to give up and find a stable job.
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185 sats \ 5 replies \ @k00b 15 Feb
I've never felt comfortable accepting the V4V label/meme for similar reasons. At best, it's a rebrand of trade. At worst, it's an attempt to manipulate us into not free riding as internet anons by creating a culture of guilt for not giving rather than a culture of gratitude for giving. Let the givers give in accordance with their wants and get credit for being givers.
I have a lot of similar feelings around people that guilt programmers into open sourcing their code. It undermines the sacrifice of people that open sourced pragmatically or out of goodwill.
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Yet SN is build around it, huh?
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92 sats \ 2 replies \ @k00b 15 Feb
SN is built around solving the tragedy of the commons.
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100 sats \ 1 reply \ @Fabs 15 Feb
I often find myself not really understanding what you try to tell me; You're simply too eloquent for me.
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There's always duckduckgo.
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True, all it took was one VC-linked article about it and all the virtue signaling lemmings decided it was the ultimate use-case for Lightning. How much developer and creator effort was wasted focusing on this as a result?
We literally have the most powerful settlement system on earth in Lightning, and somehow the retards on Nostr determined it was best for tipping. Perhaps it was simply just cope? After all now they could justify signing notes to themselves, calling it innovation, and then collect NGO money for ECash development? A neobanker psyop to illustrate Lightning isn't really meant to deal such small amounts?
Our experiments with Lightning.Video showed paywalls to be much more effective than the V4V features. Ultimately content is a digital product no matter how you decide to price it. Maybe if as many people read Nick Szabo as they did Gigi they'd have understood why it was at best a back-seat use-case.
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lightning.video is really underrated
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The nearly billion dollars Tether gave to Rumble is going to be pretty embarrassing soon (tm)
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51 sats \ 0 replies \ @ek 15 Feb
The first giver, often a content creator, pours their heart, time, and energy into something, expecting nothing in return but hoping for recognition or a fair exchange. Instead, they're often left with scraps while others freely take, use, and even profit from their work without so much as a nod. Giving credit is passé as well... even people who blatantly steal stuff from others smile in your face and go on with their "business". Result: the first giver feels scammed out of their time.
It would have been so ironic if someone else had posted this and received the few thousand sats this will probably get, but fortunately, @avbpod is the author afaict
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It's just another excuse for not work or work less. The truth is that to stack sats one must work.
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It will surely be true that some people who engage in providing value for value material will not receive the immediate reward they might expect from other avenues but across the Bitcoin space there is a hell of a lot of crap material and so by limiting my consumption to value for value platforms (primarily SN) I save a lot of time and angst and do not have to look at a lot of BS either sponsored duplicity (yes the HW touts are a parasitic rentseeking scourge) or just the mindless repetitive ranting that now dominates reddit and co. SN is a proof of work for V4V as the quality of content and discourse is superior to that on many other competing platforms. Also V4V is a good proving ground for people who think they offer value but perhaps in reality, don't. If you have some exceptional insights and skills you will generally get reward from V4V and from there you are free to seek whatever reward you want but also in V4V you are free to offer whatever you think is of value and get feedback on whether others agree or not, rather than twisting reality to suit your sponsors. There are also some, perhaps many Bitcoiners who feel they have received a lot from the whole Bitcoin journey and genuinely want to give something back and V4V is a perfect model for this to be achieved. Finally imo to really understand Bitcoin you must have some degree of altruism or at least value more than your own narrow self interest...again V4V fits into this ethos very well.
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