I still don't see how it makes sense as a signal to anybody.
Post by twetch#2584
I'm a fan of @24 . But I don't see anything that Boost does better than standard payments with Bitcoin. It's the economics that fails. It clearly diverts funds away from what should be going to content creators and promoters/marketers to miners.
What the chain says
- Block
- 633 333
- Time
- 2020-05-03T22:38:48Z
- Signer
- 17mNxa3wLR3UpkxzBHkTQ1ynn6boQ3zGjY
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2584
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
17mNxa3wLR3UpkxzBHkTQ1ynn6boQ3zGjY VerifiedReplies (10)
Just try not using it and see what happens!!!
It will be an interesting experiment. I think it will be easy not to use it. If I want to signal in a superior manner all I have to discern which party to pay directly. Please..show me one case where this won't be true. I want to be wrong.
It's just quicker to discern if you use Boost because you will be closer to good ideas all the time. If you don't use it you will have to spend more time discerning and you will be farther from good ideas.
Suppose a song gets $1000000.00 worth of Boosts and the content creator gets $5k somehow. Has the content creator been properly incentivized? Or is it really obvious that the wrong party is getting paid?
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