4 ms·

I suspect that more and more products will rely on the bitcoin network without using the word "bitcoin" in their marketing. Would you be interested in the Foun

I suspect that more and more products will rely on the bitcoin network without using the word "bitcoin" in their marketing. Would you be interested in the Fountain.fm [1] podcast app? Are you still interested if someone told you it runs on a 2nd layer on top of bitcoin? [1] https://www.fountain.fm/ https://www.fountain.fm/

bin_bash 5y ago
I use a credit card with patreon or memberful when I want to support creators. What would bitcoin offer me exactly? It seems it would pay creators that I don't actively want to support rather than just the ones I do.
- janandonly 5y ago
  I don't think I understand you here, because your argument is in favor of what I just said above? Why would you pay a credit card fee and a Patreon fee if all you want to do is directly sponsor a Podcaster? You see, lightning transactions are more or less free (as in, sub $ cent transactions) [1]. And using the Fountain.FM or Breez podcasting app's allowes not just you to stream money to the podcaster herself, but also a % of that "donation" to be split or even wholly donated to yet another person. [2] [1] Scroll down to Median Fee: https://1ml.com/statistics https://1ml.com/statistics [2] For example, when you listen to this episode it will not stream money to the podcaster, but to the Human Rights Foundation: https://player.fm/series/closing-the-loop-2955490/ep-14-rodolfo-novak-a-decade-of-bitcoin-entrepreneurship https://player.fm/series/closing-the-loop-2955490/ep-14-rodo...
  - bin_bash 5y ago
    if I cared about transaction fees (I don't frankly—I make most of that money back in points anyways), I'd just give them money with my debit card
smoldesu 5y ago
> Are you still interested if someone told you it runs on a 2nd layer on top of bitcoin? No, I think that actually dilutes the value of a "decentralized" network.

4 ms·

I suspect that more and more products will rely on the bitcoin network without using the word "bitcoin" in their marketing. Would you be interested in the Foun

by janandonly 5y ago

bin_bash 5y ago
I use a credit card with patreon or memberful when I want to support creators. What would bitcoin offer me exactly? It seems it would pay creators that I don't actively want to support rather than just the ones I do.
- janandonly 5y ago
  I don't think I understand you here, because your argument is in favor of what I just said above? Why would you pay a credit card fee and a Patreon fee if all you want to do is directly sponsor a Podcaster? You see, lightning transactions are more or less free (as in, sub $ cent transactions) [1]. And using the Fountain.FM or Breez podcasting app's allowes not just you to stream money to the podcaster herself, but also a % of that "donation" to be split or even wholly donated to yet another person. [2] [1] Scroll down to Median Fee: https://1ml.com/statistics https://1ml.com/statistics [2] For example, when you listen to this episode it will not stream money to the podcaster, but to the Human Rights Foundation: https://player.fm/series/closing-the-loop-2955490/ep-14-rodolfo-novak-a-decade-of-bitcoin-entrepreneurship https://player.fm/series/closing-the-loop-2955490/ep-14-rodo...
  - bin_bash 5y ago
    if I cared about transaction fees (I don't frankly—I make most of that money back in points anyways), I'd just give them money with my debit card
smoldesu 5y ago
> Are you still interested if someone told you it runs on a 2nd layer on top of bitcoin? No, I think that actually dilutes the value of a "decentralized" network.