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Clubhouse Payments

joinclubhouse.com

201–210 of 241 posts

Re: Clubhouse Payments

#201
post #133

Earlier quoted context omitted.

It really is strange, I can only credit its success so far to the fact that it's tapping into people's primal urge to be able to literally shout down the opposition instead of just metaphorically shout them down. I don't know why anyone would find the format of being forced to debate on the spot better than having the time to construct posts at your leisure. Every clip or story I've heard/seen come out of the app has…

It's very early success (first 6 months) was because of VC hype [1]. You couldn't go anywhere online without hearing how Clubhouse is the next big SV social media bet. I'm guessing a lot of that hype has died down as users find out the app really isn't that useful. 1. You do know CH is valued at $1bn? I mean, the absolute insanity of this can't be understated. Their success is entirely manufactured https://pitchbook.…

That's because VCs got to use it, and nobody has a larger ego or desire for other people to hear them talk than a VC who's just been paid a lot to spend other people's money.

Re: Clubhouse Payments

#202
post #22

> 100% of the payment will go to the creator ... Clubhouse will take nothing. Well imagine if they had an Android app in the first place or earlier right before all the big players started copying them, then it would have been attractive to the users. Right now, what is the point if the invite system is still there. Another platform can just announce the same thing and they are back to square zero. > We are excited t…

> Yet, with no Android app and an increasing amount of competitors copying the hell out of Clubhouse, I can only see this going in the way of Meerkat, Yik Yak and Periscope. (By being shut down) We'll of course have to wait and see, but I don't imagine that Clubhouse will be entirely displaced. What's unique about Clubhouse is not the concept of a Clubhouse room itself, which is essentially a Discord channel with bas…

Speaking of community and having 'influencers' on it, I would bet it takes more the route of Quora which once upon a time you could say similar things. But it's a complete shit hole now.

Re: Clubhouse Payments

#203
post #112

Earlier quoted context omitted.

It’s also very hard to use, mistakes are permanent and a lot if not most people never hold any crypto outside of the exchanges. Transfers are also slow and too expensive for small amounts. Moving funds costs about 20$ at the moment for BTC.

Checking https://mempool.space , a low-priority transaction is about $5.99. That could be $50 worth of bitcoin or $500,000 worth of bitcoin to another bitcoin address anywhere in the world, with zero counterparty risk or middlemen. Of course, using lightning, the payment is instant and cost fractions of a penny.

That's a lot of effort to increase your risk of not having a trusted middleman and pay more fees.

WIth regular systems you have a Bank, a payment processor and a sale processor which collectively provide the following experience:

1) transaction fees at the range of 0.1$ and up at %1-%3 that is incorporated in the price. 2) Visa/MasterCard etc, you don't have to choose your merchant depending on your coins you have, it works everywhere globally 3) Fraud protection is included, if something doesn't work out as expected or you simply made a mistake you get your money back easily 4) payment takes about 1 to 5 seconds and usually is hassle free, like tap a botton to start the payment tap once more to confirm the payment. 5) funds security is guaranteed through reversibility and active security, no risk of going broke when trying to listen to a conversation online.

Re: Clubhouse Payments

#204
post #112

Earlier quoted context omitted.

It’s also very hard to use, mistakes are permanent and a lot if not most people never hold any crypto outside of the exchanges. Transfers are also slow and too expensive for small amounts. Moving funds costs about 20$ at the moment for BTC.

Crytpo Bitcoin. You can get pretty cheap transactions on other network. Research Layer 2 Ethereum or blockchain like stellar are great for micro payments

Other networks are irrelevant if my funds are not in that network or the merchant is not on that network. Moving funds between networks tend to be expensive and inconvenient as you need to go through an exchange.

Re: Clubhouse Payments

#205
post #22

> 100% of the payment will go to the creator ... Clubhouse will take nothing. Well imagine if they had an Android app in the first place or earlier right before all the big players started copying them, then it would have been attractive to the users. Right now, what is the point if the invite system is still there. Another platform can just announce the same thing and they are back to square zero. > We are excited t…

There’s over 1 billion iOS devices out there; not having an Android version isn't a limiting factor. I’m aware of lots of Android users who have bought used iPhones or are using their kid’s iPod Touch to access Clubhouse.

It's certainly a limiting factor to its supposed principles which claim it to be "inclusive" and "diverse".

https://www.notion.so/Community-Guidelines-461a6860abda41649...

Re: Clubhouse Payments

#206
post #22

> 100% of the payment will go to the creator ... Clubhouse will take nothing. Well imagine if they had an Android app in the first place or earlier right before all the big players started copying them, then it would have been attractive to the users. Right now, what is the point if the invite system is still there. Another platform can just announce the same thing and they are back to square zero. > We are excited t…

People forget that Instagram was iOS-only for quite a while before an Android version was available. I’ve been on Clubhouse for over two months now; it’s very polished for a beta app and the community it has attracted is unlike anything I’ve ever experienced and I’ve been online since the BBS days of the 80s and everything since then. The $100 million they raised from a16z gives them the runway to do things right. I…

Instagram was a much more niche app back when it was iOS-only, and it didn't have the likes of FB, Twitter and Microsoft racing to copy all of its features.

Re: Clubhouse Payments

#207
post #151

Earlier quoted context omitted.

What are some of these platforms? Would love to know

I get the feeling whatever I provide is going to be criticised, regardless, here goes: 百度贴吧 - https://tieba.baidu.com/ Probably the biggest platform out there. You can argue it's censored but then again the same arguments could be made about plenty of Western platforms who follow the moral mores of 2021. There's a lot of leetspeak to get around filters when talking about sensitive topics, translations aren't always g…

What's the best way to keep up with modern Chinese culture for someone in the Anglosphere? Is Avocado Toast a big thing among millennials in China? Is there (was there) any Hipster movement in China? To what extent does Western culture penetrate China and what are the latest fads or fashions?

Re: Clubhouse Payments

#210
post #202

Earlier quoted context omitted.

> Yet, with no Android app and an increasing amount of competitors copying the hell out of Clubhouse, I can only see this going in the way of Meerkat, Yik Yak and Periscope. (By being shut down) We'll of course have to wait and see, but I don't imagine that Clubhouse will be entirely displaced. What's unique about Clubhouse is not the concept of a Clubhouse room itself, which is essentially a Discord channel with bas…

Speaking of community and having 'influencers' on it, I would bet it takes more the route of Quora which once upon a time you could say similar things. But it's a complete shit hole now.

I don't even recall a time when Quora wasn't basically Yahoo Answers.
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