What is Nostr?
MainStreetChungus /
npub1pvu…d7a5
2023-05-24 13:08:43
in reply to nevent1q…nggd

MainStreetChungus on Nostr: Let’s pull on this idea of the reach of 121 people vs a 21 sat zap… The only ...

Let’s pull on this idea of the reach of 121 people vs a 21 sat zap…

The only reason that your “reach” is valuable is because it is a way for advertisers to monetize you. They have everyone conditioned to want to get the biggest audience they can so that advertisers can put their ads in front your huge audience.

This model incentivizes gaining the biggest audience, which is not the same as providing actual value to people. It appeals to people’s most base desires for attention and it is very easy to spin up bots to dole out likes to fake an audience to capture the ad revenue.

The 21 Sats, while tiny in terms of USD value today, represents a portion of the entire global #Bitcoin network that is protected by POW miners. Actual energy went into mining that 21 sats, and that is now being exchanged for value. There are only 21 million Bitcoin, so it is much harder to fake the exchange of a sat than a like.

This is V4V 💜🤙
Author Public Key
npub1pvuugp6fyj6t6yeq9ajzv28p54w07sg6jpxvzuu5yc7qmu9edpkqm2d7a5