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RE: Will Bitcoin’s Lightning Network make Journalism great again?

in #bitcoin6 years ago

Good day my friend.

One thing you might want to check...12M pageviews at a penny is $120K, not $1.2M...still a nice chunk of change but not the big number you used....unless you meant 10 cents per pageview?

It is going to be interesting to see if SMTs take off and how that affects things. What might happen is that an outfit like Bloomberg creates its own token and has people upvote the pages they like. This will allow the reporters to get paid while also making a percentage themselves.

We could also see the investigative journalists freelance and get paid directly.

I will admit writing this without reading the link to the story you read this morning...one which I will read.

Thanks for the post.

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Oops. true that! Just updated the post. I was thinking 10 cents per page like you said. Creating new tokens could be attractive too but with all the recent regulatory pressure on ICOs I'm not sure they would go that way, especially if simple Wordpress plugins are available. We'll see how this unfolds, it's certainly interesting though! Thanks for the great comments as usual!

I think the bigger outfits have the clout and money to do their own token and go through the ICO process. The smaller players, obviously not.

Which makes SMTs interesting because one can create a token yet not ICO it so it is publicly traded. It will be on the STEEM internal exchange meaning that it will be paired with STEEM for liquidity but not openly traded.

By the way, I just posted an article that you might like...a bankster admitting that cryptocurrency is going to cook them.

They are already simmering haha. They know it, this genie is out of the bottle.

Yeah! That's true. This is the reason why all rich people with business opportunities are thinking of bringing a crypto to the market.