Perhaps once there's a way to advertise on Hive, we can couple the idea of getting paid via upvotes (important content for the hive) and ad revenue can be paid to the content creator, much like YouTube or other media outlets. The person hosting the site, like Ecency or others 'inlets/outlets' (I'm not sure what to call them) can get paid for the advertising space and pay the content creator via hive dollars or similar. It's totally possible...we just need content that advertisers will want to pay to have their content around. I'm pretty sure we already have some content on the Hive that would qualify as something an advertiser would pay a couple bucks per 1K views. This would allow for payment up front for creation (incentive to create in the first place) and incentive to create a lot of good content (perpetual payment via advertisement).
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Humm that is an interesting idea. Perhaps i am not fully understanding the scope of what you say because i am hesitant to have major outside companies pay to advertise by throwing coin at people that fit with the companies image. What if there was a community that had criteria entry thresholds for curation, paid a reoccurring amount based on votes on all the posts aggregated together and divided dynamically at end of day. So a constant slowly growing pool of top quality content dictated by the community that was constantly slowly changed and flowing onto no reoccurring status. Much to ponder, what do you think? Can we combine both of our ideas together?
You don't want just Hivians deciding what content is most important. It's a key part of the community and how this all works, but if you allow advertisers to pay content creators perpetually, 1)Hive crypto is purchased to pay people, which raises the value of Hive tokens 2) people are encouraged to make better content, 3) you don't have whales with the power to decide what is important based on their whims. Realistically, if one whale votes against 500 people, earnings can be wiped out in an instant...does that mean the post wasn't valuable to the community? Nope...just to the person who holds the wealth...how does that make this place better? Someone paying to advertise around your post? That shows your post has value, and the token thrives and the better content makes the Hive better. People get paid twice-once by upvotes and twice (perpetually) by advertisers. It's better than YouTube at that point and better content will follow...
It also allows advertisers to sell in the Hive marketplace, which increases Hive commerce, leading the Hive currency to actually act like a currency on a much larger scale...which then gives Hive increased legitimacy all over the world.
On the contrary I want exclusively Hivians deciding what is important. If someone could just come and buy millions of Hive that would consolidate too much power into one hand. You make quite the points for outside advertisers. I do think what the Hive wants is best for the hive and am not sure how that actually plays out in the long term. Ill reflect on those points that you made as they have a lot to think about. We do agree that the Hive community is already better then boooTube.
People can just buy millions of Hive. I have about $300 worth that I bought.
What crypto would you suggest buying Hive with? Is there much difference in spread or transaction costs?
I use $US to buy BTC, then buy Hive...at least I did when I first came in when it was around 400 satoshi or so...
Thanks for letting me know. I bought some today with BTC. Easy enough and now i can contribute more. wohoo.