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Sorry to be a downer, but Patnetters insulting each other or posting memes will not attract many paying customers.
They'll shut you down, period.
Agreed, may try paid stock research
mell says
Agreed, may try paid stock research
Sure, this is a great example. There are probably a lot of people who will pay for coherent stock analysis.
At one time I thought I had a viable business showing houses for sale on a map as red, yellow, or green monopoly markers depending on the expected rent vs the purchase price. The problem there was that I was dependent on Craigslist for the rents and they cut me off. End of business. So the lesson learned was not to be dependent, at least as much as possible. That makes payments hard, because cutting off payment processing is one way that the oligarchy suppresses dissent. Worst case, people could mail in a $5 bill, though that is slow and awkward. But it's still possible at least.
Thanks @mell
It would be pretty simple to do arbitrarily small micropayments from a user's money in hand to the authors of the relevant posts. I could just track all the payments in the database. So I suppose people would have to sign up with $5 or whatever and then use it up.
So then what is a good censorship-resistant way to accept that $5? I kind of like paper money in the mail actually, but would people mail me $5? I think they might. They have to find an envelope and a stamp, but they don't have to give away any credit card info either.
That would be the best way to stay anonymous and probably not more expensive than the payment processor taking a cut.
And I'd probably be obligated to issue them a W-2 to them.
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So patrick.net users could make some of their posts require payment in one way or another, either by subscription, or for a small per-article fee. It would just be an option if people want to try to make money.
A big benefit is that it would give the for-profit users a motive to spread the word about their "blog" here. And you all could perhaps make some money.
Some problems:
- payments can easily get cut off by the forces of censorship, though Substack apparently deals with that OK
- Substack has a lot of famous people on it. How did they do that? Substack looks more professional, so maybe that's one reason.
- Substack tends to charge way too much. I'm not about to pay $5/month for the 20 Substacks I read. So maybe there should be a $5/month subscription to patrick.net in general, and users could then use up that $5 a quarter at a time or so by "buying" individual posts which look worth reading.
Feedback appreciated. What would make it work?