Is it etherical to withdraw sats from Stacker.news? \ stacker news ~bitcoin

Is it etherical to withdraw sats from Stacker.news?

422 sats \ 21 comments \ @faithandcredit 19 Nov 2022 bitcoin

This is kind of the elephant in the room. But i have to ask, and get a general understanding for where the community stands, because i am curious but also in a situation where my sats are going up more than down. Even tho i have raised the default tip. So quick question: Do you think its ethical to withdraw sats from stacker.news? Why, why not? Interested to hear your thoughts

Yes81.2%

No5.8%

Show results?13.0%

69 votes \ poll ended

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544 sats \ 0 replies \ @Hermit 19 Nov 2022

It's your money and you do with it whatever you want. What won't be ethical is someone judging you to do what you want with what it's yours.

That said... What we have here at the moment it's just a few bucks, probably has more value using these sats to support good content that buying a coffee.

264 sats \ 0 replies \ @muteness11 19 Nov 2022

Depends on the goal and that is quite personal so I dont want to impose my opinion on others

however, my goal is to help build a community to share ideas and grow together ...for that I believe whenever I see value (content) I share sats with the creator .... so I will never get sats off SN as its best to create a tiny circular economy

195 sats \ 2 replies \ @TonyGiorgio 19 Nov 2022

Because SN is a custodian and you shouldnt hold funds at a custodian.

I'd love to see an option for 0 balance and every time you post or upvote, it asks to pay an invoice. Auto withdraws of your balance could be a thing too for people that have an always online node or LNURL pay link.

41 sats \ 0 replies \ @Wumbo 19 Nov 2022

"Not your keys, Not your coin" applies even to great custodian sites, like stacker.news

0 sats \ 0 replies \ @uco 20 Nov 2022

Great option! Maybe set a limit of when 5000 sats is reached auto withdraw. You want to keep some sats on SN just for ease of posting and tipping.

72 sats \ 0 replies \ @gmd 19 Nov 2022

You guys realize we're at 6000 sats/$1 USD right? Unless you're a from a developing country... maybe start upvoting more. For me the joy is in sending sats to others.

158 sats \ 3 replies \ @inevitable 19 Nov 2022

“etherical” 🤔 Would be the opposite of ethical I guess 😂

0 sats \ 2 replies \ @siggy47 19 Nov 2022

I think it means "ether-like"

87 sats \ 1 reply \ @rheedi0 20 Nov 2022

Etherical adjective

1: of or relating to ethics, or lack thereof, in proof of stake systems

etherical premine

2: involving or expressing moral approval or disapproval in proof of stake systems

etherical censorship

3: conforming to accepted standards of conduct in proof of stake systems

etherical rugpull

0 sats \ 0 replies \ @siggy47 20 Nov 2022

Well done. You should submit it to the OED!

3 sats \ 0 replies \ @nout 20 Nov 2022

Buying a beer with stacker news earned balance is one of my goals.

10 sats \ 0 replies \ @chowcollection 19 Nov 2022

Sure, but from what I understand about how the daily distribution of sats works, it probably works in your favor to tip generously and reward the best content early and often! So it’s likely worse for you to withdraw 100%, for example.

10 sats \ 0 replies \ @Atreus 19 Nov 2022

When you get money, you put it in your pocket right? You should have enough on SN for impulse tipping, but once you start getting up high enough, to the wallet it goes.

1 sat \ 0 replies \ @BlokchainB 19 Nov 2022

That’s the beautiful thing about bitcoin. It’s opt in and you do as you wish with your sats

0 sats \ 0 replies \ @nikotsla 20 Nov 2022

You can think of this as a hotwallet, just maintain the sats you have not problem to loose.

0 sats \ 0 replies \ @Play_to_earn 20 Nov 2022

no comment

0 sats \ 0 replies \ @Bendejo 20 Nov 2022

The question disqualifies itself from the point of view of sovereignty. With your sats you can trade according to your wishes. That's bitcoin. Furthermore, you let the sats circulate, that's good.

0 sats \ 0 replies \ @2bithits 19 Nov 2022

If you need to send your sats somewhere else that's perfectly fine

0 sats \ 1 reply \ @criptopanas 19 Nov 2022

I voted Yes. I think everyone should be free to do what they want to do.

Getting "free" SATS for posting or curating content is a good way or source in order to be able to give some SATS away as donations or tips thru Stacker News, Get Alby or Donate4fun.