Comment by blitzar

1 year ago

> perfect for monetizing a project like a web browser

They could also try regular old fashioned money for monetization. It has worked for ~3,000 years pretty well and you can buy things like food and shelter with it in pretty much every country on earth.

Also rich patrons supporting artists was how many of the greatest artworks of many civilisations were commissioned for thousands of years...

Is writing software closer to growing potatoes or designing the Sagrada de Familia, or writing the Clarinet Concerto?

I'd argue that writing a web browser is a lot closer in scope to writing a symphony than building a house - at least in audience and durability. In a house's life time, maybe 100 people live in it, and perhaps 2000 people visit it, but a browser, or a symphony, will have an audience of millions.

The market is massively smaller. The impact massively larger.

  • I guess also for context, a lot of the code I write is closer to the "house" or even "potatoes".

    A one-off script to extract data for a report - potato.

    A brochure website for a company that'll be replaced in 6 years, a small house (or even just an interior of a house, or kitchen revamp...).

Assuming you mean the electronic form of fiat, it's not a good fit for microtransactions because of the fee requirements. A digital currency can be used for much smaller and frequent transactions. Not Bitcoin and most major ones, but there are currencies optimized for real-time transactions with minimal fees, so it is possible.

It's a shame that the cryptocurrency stigma doesn't allow legitimate uses of the technology to enable novel business models and user experiences. But keep downvoting me because you disagree. :)