4 ms·

Why would they vote against a feature? Why not just say it's not a priority or "would be nice"

by themitigating 4y ago

raincole 4y ago
Crypto fearmongering is as true as crypto frenzy.
- grumple 4y ago
  Name a cryptocurrency that provides fraud protection, recovery of stolen funds/accounts, and whose value is close to the dollar in stability.
- hnbad 4y ago
  It's not fearmongering to point out that association with crypto can be detrimental in itself, especially back then when every brand was trying to get onto the crypto and NFT hype train. Features are never purely additive, they can also be transformative or even detrimental. Adding crypto support to Patreon would have changed what Patreon is by attracting different people. Regardless of whether any of the people already using Patreon might have benefited from crypto, it would also have attracted people who would specifically be interested in Patreon because of the crypto support. Like it or not "people whose adoption of Patreon hinges on it adding support for crypto" is a very specific demographic and mostly people they probably didn't want to be associated with. You can call it guilt by assocation or digital NIMBYism but it would have changed a lot more than just having another option for payouts and donations.
- illiarian 4y ago
  Let's say I'm a creator. I pay for my food in dollars. For my rent in dollars. For my clothes in dollars. For my equipment and supplies in dollars. What would I do with crypto? Okay, let's say I get paid in crypto. I still need to convert that to dollars. Price fluctuation of bitcoin is such that if I was paid 1 dollar worth of bitcoin last year, it would be less than 50 cents by the end of the year.
  - TimJRobinson 4y ago
    You can get paid in USDC and can transfer that to and from your bank account as quick as banks will allow, or pay people directly with it.
    - illiarian 4y ago
      > You can get paid in USDC and So, as always every discussion about "but crypto" almost immediately devolves to "not crypto, but a very specific coin that seems to be more-or-less okay at this particular point in time" > or pay people directly with it Which people? The dozen or so places in the entire world that accept crypto?
      - TimJRobinson 4y ago
        Its US dollars and you can transfer it to anyone that is capable of downloading a wallet app. If you want to spend at stores you can use any number of debit cards or just wait till visa integrates it which is coming soon [1] I don't understand why you want to be so hostile towards it, it's literally the solution to this problem. 1: https://usa.visa.com/solutions/crypto/auto-payments-for-self-custodial-wallets.html https://usa.visa.com/solutions/crypto/auto-payments-for-self...
        illiarian 4y ago
        So let's just skip all the unnecessary useless steps and intermediaries in between, and let those cryptoi holders that are so willing to pay those artist just use those debit cards and visa integrations to pay the creators in actual dollars.
        deleted 4y ago
        [deleted]
        TimJRobinson 4y ago
        What's the point of a hard drive? You're only uploading and downloading from the internet, why not just keep all your data in the cloud? This is essentially your argument just using money rather than data right? Can you think of any reason someone might like to hold their own data? Perhaps they don't like being at the mercy of a company that can ban you from accessing it at any time like the OP? Perhaps they like the freedom of choosing where they send and receive data from instead of only using the provider approved services? Crazy that so many people still don't get this and give all their power and control of their money away to providers because it's slighty more convenient.
eurasiantiger 4y ago
This particular one: because it would 100% get used for money laundering, which would get the platform cut off from traditional banking and could make it extremely difficult to get a paycheck.
thot_experiment 4y ago
It wouldn't be nice though. It would bring grifters and scammers to the platform.
birracerveza 4y ago
Because crypto is scary.
dspillett 4y ago
Perhaps the concern that they'll be compelled (by user demand) to use the facility if present whether they want to or not? Not that the question is “creators having the ability to accept payments in cryptocurrency on Patreon” and not “Patreon accepting payments in cryptocurrency” – it would be something the creators would need to implement and manage. They might not want to be exposed to the volatility of cryptocurrency values.
brabel 4y ago
Many reasons, but no one mentioned one that I think is probably the case for many of them: many cryptos, including the most popular, Bitcoin, are a complete disaster for the environment. At a time when everyone wants to do their part in combating climate change, I would oppose the use crypto for this reason alone, even to my own detriment.

Why would they vote against a feature? Why not just say it's not a priority or "would be nice"

raincole 4y ago

Crypto fearmongering is as true as crypto frenzy.

grumple 4y ago
Name a cryptocurrency that provides fraud protection, recovery of stolen funds/accounts, and whose value is close to the dollar in stability.
hnbad 4y ago
It's not fearmongering to point out that association with crypto can be detrimental in itself, especially back then when every brand was trying to get onto the crypto and NFT hype train. Features are never purely additive, they can also be transformative or even detrimental. Adding crypto support to Patreon would have changed what Patreon is by attracting different people. Regardless of whether any of the people already using Patreon might have benefited from crypto, it would also have attracted people who would specifically be interested in Patreon because of the crypto support. Like it or not "people whose adoption of Patreon hinges on it adding support for crypto" is a very specific demographic and mostly people they probably didn't want to be associated with. You can call it guilt by assocation or digital NIMBYism but it would have changed a lot more than just having another option for payouts and donations.
illiarian 4y ago
Let's say I'm a creator. I pay for my food in dollars. For my rent in dollars. For my clothes in dollars. For my equipment and supplies in dollars. What would I do with crypto? Okay, let's say I get paid in crypto. I still need to convert that to dollars. Price fluctuation of bitcoin is such that if I was paid 1 dollar worth of bitcoin last year, it would be less than 50 cents by the end of the year.
- TimJRobinson 4y ago
  You can get paid in USDC and can transfer that to and from your bank account as quick as banks will allow, or pay people directly with it.
  - illiarian 4y ago
    > You can get paid in USDC and So, as always every discussion about "but crypto" almost immediately devolves to "not crypto, but a very specific coin that seems to be more-or-less okay at this particular point in time" > or pay people directly with it Which people? The dozen or so places in the entire world that accept crypto?
    - TimJRobinson 4y ago
      Its US dollars and you can transfer it to anyone that is capable of downloading a wallet app. If you want to spend at stores you can use any number of debit cards or just wait till visa integrates it which is coming soon [1] I don't understand why you want to be so hostile towards it, it's literally the solution to this problem. 1: https://usa.visa.com/solutions/crypto/auto-payments-for-self-custodial-wallets.html https://usa.visa.com/solutions/crypto/auto-payments-for-self...
      - illiarian 4y ago
        So let's just skip all the unnecessary useless steps and intermediaries in between, and let those cryptoi holders that are so willing to pay those artist just use those debit cards and visa integrations to pay the creators in actual dollars.
        deleted 4y ago
        [deleted]
        TimJRobinson 4y ago
        What's the point of a hard drive? You're only uploading and downloading from the internet, why not just keep all your data in the cloud? This is essentially your argument just using money rather than data right? Can you think of any reason someone might like to hold their own data? Perhaps they don't like being at the mercy of a company that can ban you from accessing it at any time like the OP? Perhaps they like the freedom of choosing where they send and receive data from instead of only using the provider approved services? Crazy that so many people still don't get this and give all their power and control of their money away to providers because it's slighty more convenient.

eurasiantiger 4y ago

This particular one: because it would 100% get used for money laundering, which would get the platform cut off from traditional banking and could make it extremely difficult to get a paycheck.

thot_experiment 4y ago

It wouldn't be nice though. It would bring grifters and scammers to the platform.

birracerveza 4y ago

Because crypto is scary.

dspillett 4y ago

Perhaps the concern that they'll be compelled (by user demand) to use the facility if present whether they want to or not? Not that the question is “creators having the ability to accept payments in cryptocurrency on Patreon” and not “Patreon accepting payments in cryptocurrency” – it would be something the creators would need to implement and manage. They might not want to be exposed to the volatility of cryptocurrency values.

brabel 4y ago

Many reasons, but no one mentioned one that I think is probably the case for many of them: many cryptos, including the most popular, Bitcoin, are a complete disaster for the environment. At a time when everyone wants to do their part in combating climate change, I would oppose the use crypto for this reason alone, even to my own detriment.