Has anyone else noticed that, when you like someone's post …

Twetch ·

Has anyone else noticed that, when you like someone's post you pay 5 cents and they only get 4?

The platform is taking 20% out of every transaction. That's worse than sales tax!

Replies

Twetch ·

It's a work in progress for sure.

Twetch ·

Why would you think that the way to pay people would be to do microtransactions?

I assumed that they'd just run ads, and pay the people who were bringing in ad money.

Or use spare computational resources on the devices running the browser.

Twetch ·

I assumed that it was at least partially the second one. I figured that that's why it pays out in crypto.

Holy shit, my half-formed thought of what these guys were doing is a better idea than what they are actually doing.

Twetch ·

"It's like twitter, but there are microtransactions" is, like, a dril tweet. Not a business model.

Twetch ·

We're helping to build it mate...

If you do it right, you'll profit from helping to build it...

Twetch ·

there's no failing, its satoshis architecture but not his plan