What is Nostr?
Eric P / ericpp
npub1gfh…alqc
2024-04-17 06:01:02
in reply to nevent1q…09ty

Eric P on Nostr: The price is always set by the user in #v4v. They're the only ones that know how much ...

The price is always set by the user in #v4v. They're the only ones that know how much value they got out of your product and how that translates into a monetary value. Sometimes that's only 100 sats and sometimes it's 1,000,000 sats.

Once you start suggesting prices, you're essentially putting a maximum price on your product. You're telling them that your product is only worth a certain price when it might be worth a lot more to the user.

Similarly, users who can't afford your suggested price or don't want to pay it will pay you zero rather than something.
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npub1gfh3zdy07r37mgk4hyr0njmajapswk4ct6anc9w407uqkn39aslqqkalqc