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When you sign up as a BAT publisher, you choose what currency to get paid in. It's just as easy to pick USD, and then it will auto-convert the BAT to dollars, a
by mminer237 6y ago
When you sign up as a BAT publisher, you choose what currency to get paid in. It's just as easy to pick USD, and then it will auto-convert the BAT to dollars, and you would hardly even know it involves crypto. It's not some ponzi scheme.
- PufPufPuf 6y agoBut the amount of USD you get varies by BAT-USD exchange rate, e.g. you actually get paid in BAT, correct? I must admit that I find this business model genius: replace website ads with your ads, pocket the revenue, and "pay" users in a self-issued cryptocurrency. Stealing ad revenue from websites while simultaneously doing an ICO.
- mminer237 6y agoThat's correct. But advertisers bid in BAT too, so if the value drops, they would pay more nominally, and it would all balance out. As a user, I prefer Brave's ads though. They're not actually on websites. And calling adblocking "stealing" seems like a bit of an exaggeration. Brave still pays out a larger share of their revenue to publishers than Google does. As a publisher, Brave's scheme seems fair to me too. The only one really hurt is Google.
- hellotomyrars 6y agoI don’t dispute that you can get real money out the far end but even if you ignore the problematic aspects of crypto as a technology you still have to deal with the problematic aspects of it as a currency including rapid fluctuations in value and the time it takes to settle a transaction.
- mminer237 6y agoI guess that could a bit annoying at times, but ad revenue isn't some super precise amount. Price fluctuations should balance themselves out, and the minor settle time is not a big deal when you're typically paid monthly.