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Twitter Should Offer Bitcoin Profits to Users

Twitter Should Offer Bitcoin Profits to Users

Users who are currently generating revenue from social media companies must be compensated with profits from Bitcoin.

More companies and countries, adopting currency Bitcoin more than ever.

It is worth mentioning that Jack Dorsey Jack Dorsey Recently, it was announced that Twitter will allow users to tip other content writers on Twitter, using Bitcoin.

This is welcome news as it shows another use case for bitcoin As a currency, it pushes the world closer to "hyper digital currencies".

However, while it is good that Twitter is facilitating donations Bitcoin With his platform, this is not enough.

In keeping with the spirit Bitcoin Twitter and other social media platforms should embrace paying all of their users a dividend from Bitcoin for use of the site.

Twitter has created its own jar of tips, as a means of payment for content creators.

It does this by allowing fans to guide their favorite content creators.

However, Twitter is a multibillion-dollarcompany, whose value comes directly from selling its users' data to advertisers.

And while most of us are aware of how Twitter and other social media sites are monetizing, we rarely consider ourselves the product Twitter sells.

We should also bear in mind that social media companies are known to use predatory tactics to make their content more addictive and toxic, as evidenced by the recently leaked Instagram report.

As a result of this predatory environment designed to take advantage of our usage, we may all have to demand payment for content creation.

It's time to start paying users, no matter how small, to create content.

For upvotes, posts and retweets, users can get paid in currency Bitcoin in proportion to the interaction their posts bring to the website.

Users are the unpaid workforce of these social media companies.

Many social media founders claim, for example Jack Dorsey, adopting a philosophy Bitcoin.

An integral part of that philosophy is the ethos of decentralization. This decentralization should be applied to monetization of users.

It contains platforms such as YouTube and TikTok And  Snapchat On monetization programs similar to monetization for influencers, content creators get a slice of the advertising money, which is pumped into the platforms.

Of course, these monetization programs as they exist now are to some extent elitist in the sense that there are strict barriers to entry.

I create content on YouTube. In the first year and the first month, it brought approximately 100 thousand Watch and more 5 thousand Watch watch to platform.

But I still can't monetize my content, because YouTube's requirements are that in order to be part of their monetization program, you need to 1000 Common (In the end, I need 1000 subscriber).

This number arrived in July 2021 And I started getting paid.

All of them are similar tik tok And snap chat in barriers to monetization.

There are other platforms that pay content creators in different cryptocurrencies, but they lack in size and none of them are for Bitcoin Only.

Also Read: Twitter Head Jack Dorsey: Twitter Accounts Should Be Linked to a Lightning Wallet

Will Social Media Pay Profits From Bitcoin?

Now, does it seem ambitious to think that companies like Twitter, Instagram, and Facebook will pay us for using their social media?

Yes really. However, it is important to start thinking about what this world will look like, once we have dealt with hyperbitcoinization.

This is a world running in the course of a mission John F. Kennedy Pioneering, a world of forward-thinking, fairness and optimism.

In this world, you will be a currency Bitcoin An initial form of currency that is borderless, unauthorized and censorship-resistant, and there will be fundamental changes in how we operate.

When YouTube originally started paying creators, few had foreseen the creator economy as it is today, with thousands in their careers through YouTube and Twitch , Tik Tok and other platforms.

By expanding dividend payments from Bitcoin To the unpaid workforce, social media companies will help facilitate the adoption of a global currency without borders, without authorization and resistance to censorship.

If a large number of influential content creators start claiming a dividend from Bitcoin Social media companies will have to deal with these demands.

The creative economy has a lot more power than they might realize, and the demands placed on the platforms that empower them can have a huge impact.

Given the simultaneous fear of artificial intelligence taking over many jobs and the growth of the creative economy, profits from Bitcoin Not only logical, but imminent!

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