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Comment by MisterWalter | Hacker News Reader

My main concern is that I don't see how they get any money out of it. Normally I'm fine with free services, for obvious reasons, but it strikes me as concerning that this requires quite a bit of work and money, both over the long term, but they have no visible payoff. The only way I see it being viable in the long term is if they take our money. I'd like to see this as a % fee of some sort but I worry that it is either doomed or a scam.

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Hi, thanks for posting your concerns, and I understand where you're coming from. Our visible payoff is creating a social network around payments - and while we will never charge fees on tips, there are many other services we can introduce to generate revenue. One example is later on allowing creators to actually sell their content on our network (to their fans) or having premium artist accounts to help them manage, engage and grow their fanbase. Other than this, can you think of any other ways we can convince you (and others) that we are not a scam?

Co-founder here. To add.

We also have to look at a future where an artist like Justin Bieber could put up a BTC address on his Twitter profile. Taking a cut means the artist has a small reason to not want to sign up ("they take 1%-2%. I'm better off just sticking a BTC address on my Facebook").

We also have to look at a future where an artist like Justin Bieber could put up a BTC address on his Twitter profile.

In this future of which you speak, are there any off-world colonies?

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