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Comment by bobiny | Hacker News Reader

I wasn't talking about Twitter specifically. Ads are a dominating revenue model: Youtube, Instagram, Facebook etc. I had an idea of people using crypto payments instead of likes. A platform would take a cut.

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So PBS?

Or government funded/controlled socials.

Maybe something funded by public, yes.

I think there is a need for smaller existing community-based social networks. They can be paid for by certain people or crowdfunded once in a while like Wikipedia.

I'd expect like counts to fall precipitously if you had to pay for every single one.

OTOH a like would mean a lot more because it would mean someone literally put their money where their mouth is.

Yes. I feel that "liking" is a consumerist approach to conversation. Buy/no buy, swipe left/right. It's more nuanced in real world. We don't always agree or disagree with people, sometimes we just listen and exchange words. So yeah, there would be less "likes", but they would be more substantial.

Or maybe they wouldn't because it's just twitter and why would anyone pay to "like" something? seems more like the crypto fantasy for a world where everything is a financial transaction. I don't think its a realistic assessment of how people actually value money and speech.

sure

you can see with youtube premium that the value of individual ad views is basically nothing, and getting users to pay a reasonable monthly fee ends up being much more profitable. nobody will do the 'pay per video' thing because its not as profitable as just getting a monthly sub.

I wouldn't pay for each video I watch now, but I could probably watch less. It's like eating junk food now: you can eat nonstop but it doesn't nourish.

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