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insomniasexx  ·  3207 days ago  ·  link  ·    ·  parent  ·  post: Hubski Update: A funding experiment

I just gave you 15 bits. It's like a whole. .004 cents!

I was similarly worried about this, but the fact that you get bits by posting and sharing and the amount of money we are talking about is so small and so passive, I don't know. I don't see it being a worthwhile money making venture for individuals at this point. Furthermore, Hubski users do a good job of sharing content that encourages discussion, even if it isn't something they don't strictly agree with. I really hope this model encourages people to be more thoughtful, post and comment more, and engage with each other more.

It would never work on reddit because it would increase the amount of low-fi content and reposts that float around and it would be hypothetically possible to game the system and actually make a relatively substantial amount of money. People would game it to game it. Because our community is much smaller and much more focused on longer form content and high quality discussions, I don't think we are going to go down that path right now.)

How many bits do you have now?