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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.
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.
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It's probably my fault for not looking into it more, I tend be very charitable with how I interpret things, which often gets me in trouble or makes me look dumb.
42 sats \ 0 replies \ @k00b 15 Feb
Yep
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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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