Expect to pay
There’s a subtle fiat effect I see in people expecting Bitcoin-centric products and services to be free, or near-free
It comes from decades of free gmail, facebook, linkedin, google and so on, who provide “free” products and services because YOU ARE THE PRODUCT
Pretty much everything in Bitcoin at the moment is experimental; founders trying new business models, testing markets, finding “fit” (or not) .. and iterating 🔥
Business models and products that find market fit will quickly be validated by me-too variants: the ultimate validation .. and one which then drives prices down 😃
So when you look at new Bitcoin products and services, it’s important (imo) to understand the business model, and then understand if the value is worth the cost .. *to you*
If it’s not, move on, nothing to see - perhaps it’ll be of value to others whose needs are different
If you think this is unreasonable, perhaps it’s best you just fuck off back to Facebook and Google and continue to be harvested
btcschellingpt
npub1nvf…e7zd
2024-07-03 00:28:15
Author Public Key
npub1nvfgglea9zlcs58tcqlc6j26rt50ngkgdk7699wfq4txrx37aqcsz4e7zdPublished at
2024-07-03 00:28:15Event JSON
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"pubkey": "9b12847f3d28bf8850ebc03f8d495a1ae8f9a2c86dbda295c90556619a3ee831",
"created_at": 1719959295,
"kind": 1,
"tags": [],
"content": "Expect to pay\n\nThere’s a subtle fiat effect I see in people expecting Bitcoin-centric products and services to be free, or near-free\n\nIt comes from decades of free gmail, facebook, linkedin, google and so on, who provide “free” products and services because YOU ARE THE PRODUCT\n\nPretty much everything in Bitcoin at the moment is experimental; founders trying new business models, testing markets, finding “fit” (or not) .. and iterating 🔥\n\nBusiness models and products that find market fit will quickly be validated by me-too variants: the ultimate validation .. and one which then drives prices down 😃\n\nSo when you look at new Bitcoin products and services, it’s important (imo) to understand the business model, and then understand if the value is worth the cost .. *to you*\n\nIf it’s not, move on, nothing to see - perhaps it’ll be of value to others whose needs are different\n\nIf you think this is unreasonable, perhaps it’s best you just fuck off back to Facebook and Google and continue to be harvested",
"sig": "849543be711c0d93a645bfeb61a35c8918e69ec7553c02d5c8d7c400c1697d9aa1e714a06eef0eff473e547ad15b036e0338331c9a135c15661ff3143681fd5b"
}