If I'm a consumer and my goal is support/buy/subscribe to some form of content I enjoy, have I spent any money if I move funds from my bank account to my Hive account, as example? No. I've simply transferred value from one place to the next meanwhile there's no risk since the goal was to throw that money away anyway, but this time it's still in my possession, and I'm free to tip, daily, with votes, as my money grows, rather than never seeing it again.
That's how sell the content here.
What's hilarious to me is how a magazine with ten daily contributors can provide an entry level salary to each one of those contributors with only 20k subscribers that all have a vote worth a penny. Very small numbers, very minimal 'investment' that technically doesn't cost the consumer a dime, making whatever content one wants to sell an even easier sell. And because of how crypto works, it becomes incredibly difficult to hit 'zero' with all that added buy pressure. Scale this up further with several communities or magazines or whatever label you want to attach to the superficial nonsense part and it's almost impossible to not see the potential. And it's funny to me because I've been talking about this for years, not many can grasp the concepts even though its sitting right under their noses for several years now, and people are still scratching their heads, wanting to turn this potential into just another cryptocurrency that people use to hope for miracles and flip for profits then move on to the next one leaving it in the dust. It's hilarious.
You say that, but I find people a lot less generous on Hive when it comes to tipping.
Most do not want to tip anything other than upvotes.
At the same time, why? When you can earn 100x off of some speculative bs? It’s all a numbers game.
It’s all rehashing by this point.
Voting is a form of tip. We are tipping, we just call it something else and pretend we're not tipping. Tipping compared to voting is a total ripoff. And a content consumer willing to tip over time with votes rather than all in one shot with money they'll burn and have to replace by working or whatever; that's not the same as a 'crypto investor'. The crypto investors here are the ones who offer potential consumers a reason to be paid to look away from the products and generate money from doing nothing, while the content goes without views, then the crypto crowd sits and thinks there's something wrong with the content, even though it was the crypto crowd that paid people to not look at it.
That’s why making investors curators is a bad idea.
HIVE is a token being used by too many different roles and they eventually conflict.
Consumers can be investors. It's not a bad idea at all. In a sense, that's how business usually works. You'd see far more interest in a tribe token for instance if the concept was sold to consumers. What investor would be disappointed with interest in the token they've invested in?
One can sell their product by technically charging nothing. That concept can be applied to any product and work just fine. And its funny to me because all people do is argue when I bring it up, instead of being able to understand what I'm trying to tell them, as it sits directly under their noses.
I think what most fail to understand is when you have a product like content such as videos, articles, games; you're not looking for crypto investors, you're looking for paying consumers who just happen to be using crypto, making them an indirect crypto investor, yet being an investor was never their goal. Attempting to convert or force consumers into being crypto investors, following that script, will spell disaster. Each individual in a community plays a role. The potential of each role should be realized and respected.
Anyway. Good talk, I guess.
It is good talk. And yes, consumers can be investors.
I guess when I'm thinking of investors, I was aiming at the ones who don't care to be consumers, but have overwhelming stake (not that it's a bad thing by default).
And trouble comes when they try to impose their agenda of profiteering because there aren't things built in place to mitigate certain ideas (bid bots come to mind).
I know PeakD has recurring transactions and 3Speak is going for the subscription model. When they are more fleshed out, I hope @lordbutterfly pitch those in as part of the marketing campaign.
They need a new role. I'll often call them 'promoters'. That's a sweet gig in life. They put things up in front of the consumer's eyes for the consumer to enjoy. I don't even like the term 'curator'. If I had my way I'd scrap that and just call it 'consumer rewards' since more people understand that. Even asked my kids and their social circle, "In general, do you know what a curator is?" In general, no, they don't. They're not interested in that concept either and the young crowd is important to reach. They totally get 'consumer rewards'. Even googling consumer rewards yields common knowledge while searching curation rewards just leads to some outdated nonsense about maximizing. Most people do not give a crap about that. They like the content they like and will consistently support it; should feel free to do so.
Bidbot are ridiculous. I got a kick out of how they used to try to sell the idea of "visibility" an the importance of the trending page. Then as soon as they were gone people were saying, "Trending is useless, we should just get rid of it." These days if you want visibility, simply promote the post and burn some tokens I guess. Seems to work fine for most.
Recurring transactions are cool but the concept of staking and voting/tipping over time is still a better deal to the consumer. Folks fail to realize that and just want to go back to the old ways of doing business since it's all they know. And I don't blame them either after being programmed for years to somehow think a vote is different than a tip or an auto vote is different than a subscription. It's all the same in my eyes. One is just a new way of doing business most don't grasp yet and a far better deal to the consumer; a consumer who wouldn't understand and would most likely feel more comfortable throwing their money away rather than making their money work for them. We could change the world and revolutionize the entertainment industry if we wanted. Not even kidding.
Instead people sound like robots and say, "No, it's allocating inflation." That's dull and boring. Much like how there's nothing special about a lambo. "All you're doing is allocating fuel to the engine."
I can definitely agree with the fact that the word choices have been poor and normal people are like "wut?".