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Here's the confession: what I earn/earned on SN has been more than the per capita income in India.
And If I consider the price appreciation, it was like twice the per capita income when ay peak.
But tbh I don't care about fiat appreciation, all I care is how much I could be worth in Sats or Bitcoin terms..
SN has a cost in Bitcoin/Sats. What would it be like if you have this but don't have zapping enabled?? How many would pay to post??
#1587377
Saigon shop that accepts payment in Bitcoin
Excellent! Unlike @SimpleStacker , I like your choice of beginning with the essay. For me, taking things slowly gives us all a chance to keep up. That is such a problem with these online book clubs, IMO.
I have a new idea for full transparency and complete conversation with the schtackerz...
Every page a post!
This will create endless opportunities for the stackers to follow along Den's intellectual journey, feel his pains and stream-of-consciousness remarks.
Thanks!
Do you think, though, that the sats one earns on SN will ever be a meaningful return on the amount of time you put into writing?
Yes I do. Sats are primary on SN. Why? Because if we scrap sats (a BCE concept in broader terms) from SN, what else will make it different from reddit or others?
Yes, there are many other things that also motivate me to stay part of the community.
This reminds me of Jesse Myers's Once in a Species essay, which argues that a random mutation that lets humans appreciate novelty/rarity actually enabled trade and cooperation between groups of humans a hundred thousand years ago. In fact, preferring cooperation to zero-sum violence between tribes is possibly the single most important attribute that gave us an edge over neanderthals - we could live far more densely which allowed specialization in trades.
In that context, the feudalism age was more of a temporary departure from our human nature of open trade and self directed creativity. Perhaps we're just making progress back towards our nature of open markets and positive-sum trade.
This is a cool find! I posted about SN on the Discourse Meta board this summer, but it didn't occur to me to search for earlier posts! And this is from 2024!
Interesting to see that HAWK's response is the same as it was this summer.
Do you think, though, that the sats one earns on SN will ever be a meaningful return on the amount of time you put into writing?
I agree with you that sats are core to what SN is and what it has to offer.
I disagree however that it will ever really provide meaningful income (unless we count relying on price appreciation to reach meaningful income).
This foes back to Darth's observation that paying to post is a more important innovation than creating a way for posters to get zapped.
The fact that using SN has a cost is more important than the fact that you can earn sats here.
What do you think?
The main benefits are hourly Ark payments and a stack built around miner security and privacy.
Eligible payouts start at 1 sat, making it practical for small home miners. Mining traffic goes over Tor, keeping your public IP hidden from the pool. No account signup.
The gateway also includes dual Tor connections for redundancy and automatic circuit recovery to keep the connection reliable.
That is such a problem with these online book clubs, IMO.
HAHAH... oppppsssss, don't look at me, Master Boomer!
Stupidly well-written. Thanks!
...doesn't go into the question of why those freelance merchants figured it out when all the rest of humanity seemed to not get it
This is the question of economic history. Will dig up a fantastic quote for you in a while (fr Gregory Clark's book).
“It,” is the great discovery of the modern era: the positive-sum game. It is the liberation of human energy to do its appropriate job. It is the operation of creation, using the only counter-entropic force we have: free human energy.
Stunning <3
putt.day #144 ⛳ 8/10 Eagle · 🔥4 · replay
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Can you beat 8?
https://putt.day/s/J7WpReD-pWOS
Yesterday I was the first to complete the path in 5 stroke, by the way.
While this is probably obvious to most others, I'm still somewhat surprised that reading is to listening as writing is to talking. I'm worried that we have entered a phase of humanity where nobody is very willing to read anything. Too much risk that it's slop, too much risk that you will fall behind in posting, writing, making "content", too much risk that you'll have to think hard.
I certainly feel the pressure when I spend a couple hours reading something and trying to understand it: why is it taking me so long to get this? should I just ask for a summary? shouldn't I be posting something about this? I feel that most people do not believe there are ideas or things that take a long time to understand or that are worth pondering for a long time.
The blind librarian who thinks is gone.
The build-up-your-soil first analogy with Bitcoin acquisition is interesting. I find it particularly relevant for my orange-pilling efforts: a number of times, I have tried to hard sell people in a single conversation (quite honestly, without really thinking what the long term strategy is for them) and the end result of that conversation is: okay, I'll buy some bitcoin. But that's it. I think I should be taking the prepare the soil method: a longer game of education that results in someone who actually has spent some time trying to understand bitcoin.
As to the actual soil: everywhere I've had a piece of property, I am on high-alert listening for wood-chippers (this only works in a relatively dense suburban or urban area) -- and whenever I hear someone chipping, I race around trying to find them so that I can convince them to give me their wood chips. Then, I cover my ground with them. After a few years of this, the soil underneath is excellent (at least to my amateur knowledge).
Wild honey bee hive inside the hollow of a cherry tree growing in the maple sugar bush at the homestead. The hive was dead last year but a new swarm re-inhabbited the hollow again this year. Check out the ~Permaculture territory to see what life is like integrated with nature.
I assumed that there was a standard answer to this and that Rosenberg didn't include it as a poetic device. When I think from a historical point of view, I tend to reach for technological answers (humans got more efficient with using energy?) but the implication here is that a move towards freedom predates and potentially is responsible for the burst of creativity that leads to such improvements.
Looking forward to the quote.
putt.day #144 ⛳ 7/10 Albatross · 🔥12
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Can you beat 7?
https://putt.day/s/YBB-vtvAlkFB
I think the benefits of freedom and desire to oppress stem from the same thing: humans trying to get more of what they want. In groups, many wants are competitive so you have to ascend social and economic hierarchies to get more of what you want. Free from coercion and the ability to coerce, you must be productive to ascend and there's no external ceiling to how far you can ascend. Given the power to coerce, you can ascend relative to others by limiting/slowing their ascent or reversing their ascent by stealing from them.
That's all to say that I'm not sure we can have the benefits of freedom without the desire to oppress. They will always be in tension so long as humans have competitive wants, and I think it is fundamental to human nature and our success to have competitive wants. Competitive wants are the result of us reaching consensus on what is desirable.[1] Competitive wants are our organizing principle.
putt.day #144 ⛳ 8/10 Eagle · 🔥36 · replay
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https://putt.day/s/2SzPID5LFVSj
Done crack