this post was submitted on 11 Jul 2024
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Privacy
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Unfortunately this financing requires a populace widely adopting cryptocurrency...making it a pipe dream for mainstream use.
Tips are generally a bad model as well, which creates an incentive for rapid and pandering work (like ad supported content).
Patreon had frankly built all of YouTube that is worth watching. I think a simple payment system using real banks can be integrated into smaller hosting services.
It's all academic though, YouTube is unrivaled in ad revenue and helping you expand an audience.
25% of Americans own crypto, usage continues to grow year after year both domestically and internationally. Most people have a crypto-capable wallet on their phone (CashApp, Venmo, Paypal). It solves problems traditional financial systems can't solve well. That's a trend that has been happening for 15 years. You can be mad at it, but it doesn't change that it's true.
People want something (YouTube but not YouTube) but don't want to learn new techniques and technology (crypto). Eventually you have to leave them behind.
I didn't know about this Nostr, but I do believe you're right with the content Creator coming for the money, it's always the money.
I'm going to give it a go!