pull down to refresh
I'm still stubbornly optimistic that it can grow in interest again. Maybe if Bitcoin has another price pump?
I too am hopeful- the basic idea is brilliant.
Pay2Post
Peer2peer
V4V
All good!
But the narrative on SNs seems to me far too captured by a narrow echo chamber.
The potential is there - but when you cannot talk about The Greater Israel Project, without being downzapped into obscurity by anons, is it really a sovereign individual, free market, free speech platform?
The bottom line is that Stacker News Inc lacks sufficient incentive to grow the market for territory owners.
They charge the same rent each month regardless of the static number paying of content consumers.
Where is the incentive for SNs if the monthly charge remains fixed?
There is only incentive for SN Inc if the monthly fee is based on the volume of content consumers engaging with and paying for content on the platform.
Until then it is a rentseeking and inherently dysfunctional marketplace...and territory owners are paying the price.
Stacker News is not a viable economic platform.
It has failed to garner sufficient participants who contribute sats (real money) and has instead attracted too many arsemilking parasites who churn out low value, cheap and repetitive content and who sybil pump their posts and milk sats out of the platform.
As a territory owner you are on a losing bet.
What is needed is a serious and honest dialogue including SNs about how the situation can be turned around.
Good luck with that!
If such an event were to occur, then territory base fees would need to be slashed and a percentage of territory revenue shared with SNs.
That way there is an INCENTIVE for SNs to build the consumer base- currently there really isn't much incentive for them to do that and so territory owners are captives to a centralised system where their best interests are not aligned with SNs owners/operators.