Live data from Hacker News

Stripe Crypto

stripe.com

401–410 of 450 posts

Re: Stripe Crypto

#401

Earlier quoted context omitted.

The fraud I describe makes it a shit way of supporting artist. As for digital only artist, there are plenty of non-NFT ways to support them. Commissions, Patreon, and merch to name a few.

If you were certain an NFT you were buying was not fraudulent and was created by the artist would you still think it's a shit way of supporting them? Is it bad that they have an additional way to make money on top of commissions, Patreon, and merch?

> If you were certain an NFT you were buying was not fraudulent and was created by the artist would you still think it's a shit way of supporting them?

Yes.

> Is it bad that they have an additional way to make money on top of commissions, Patreon, and merch?

No.

Re: Stripe Crypto

#402

Earlier quoted context omitted.

The only reason NFTs sell for more is because of the hype and the likelihood of there being some bigger sucker to resell it to at an inflated price. This won't last forever and then you'll end up with the same same 30$ t-shirt-like prices but in NFT land. The "art" and "artist" involved is irrelevant here - what matters is that you have something that the current market has a lot of demand for.

fwiw I’m interested to explore the $30 NFT price point with a broader project (not pfp or 1/1 or jpeg stuff) and am a lot more optimistic for it than trying to deliver as much value or as little ecological impact with tshirt merch. I think you’re focused on the speculative peaks of what’s going on now, or only what’s happening within eth

I mean NFTs currently are an environmental nightmare. The common response to this is "but that will change with Proof of Stake" and I'll believe it when it happens.

Re: Stripe Crypto

#403

Earlier quoted context omitted.

"Fiat" does not mean "real-world money" as any money you consider "real" is "real". "Fiat" refers to money not backed by something physical, and it is not a new term that appeared from the cryptocurrency space (as many believe). The search trend, https://trends.google.com/trends/explore?date=all&q=Fiat%20M... , seems to be relative stable since start of collecting trend data (2004), with slightly increasing volume as…

fiat means by decree. Bitcoin made the term fiat popular.

Uhh... Popular on Reddit maybe. The term 'fiat' has been standard among traders, economists, and other professionals for a very long time. Other options were common until quite recently.

Re: Stripe Crypto

#404
post #398

Earlier quoted context omitted.

please see “ideas on a shelf”

Idiomatically, " shelved ideas ". Shelving can be more abstract, but generally it's not idiomatic for abstract-concepts to be " on a shelf ". Language aside, I think you're being inconsistent with that concept: there are better solutions for compensating artists than NFT's already, so it's inconsistent to say that you want active-solutions as a justification for working on an less-active-solution.

I'm replying specifically to "Would they not be able to send the same courtesy royalty if no NFTs were involved?" which absolutely there is not already a satisfying solution in place. No thanks for the language lesson

Re: Stripe Crypto

#405

Earlier quoted context omitted.

fwiw I’m interested to explore the $30 NFT price point with a broader project (not pfp or 1/1 or jpeg stuff) and am a lot more optimistic for it than trying to deliver as much value or as little ecological impact with tshirt merch. I think you’re focused on the speculative peaks of what’s going on now, or only what’s happening within eth

I mean NFTs currently are an environmental nightmare. The common response to this is "but that will change with Proof of Stake" and I'll believe it when it happens.

It's already happened, maybe you're talking about when PoS is dominant / happening in eth, which is not all of crypto and not settled that it will remain dominant

Re: Stripe Crypto

#406
post #51

Earlier quoted context omitted.

Is Paddle still Only open to SaaS only ? Last time I check they won’t even accept any other business.

If by SaaS you mean subscription, then no. I sell one-time software purchases through them.

I mean something non-Software. I quite like their overall model and integrated experience. Along with Paypal support, while not getting any mention much in tech cycle it is surprisingly popular.

Re: Stripe Crypto

#407

Earlier quoted context omitted.

I mean NFTs currently are an environmental nightmare. The common response to this is "but that will change with Proof of Stake" and I'll believe it when it happens.

It's already happened, maybe you're talking about when PoS is dominant / happening in eth, which is not all of crypto and not settled that it will remain dominant

I am referring to PoS in ETH and while it is not settled it will remain dominant, it currently is dominant so all the talk of how eco-friendly crypto will be is just talk until that happens. It is not settled that Proof of Work will takeover as the dominant mining method.

Re: Stripe Crypto

#408

Earlier quoted context omitted.

My interest in web3 + art is from finding new livable income sources for artists generally. Less about big money speculation, more about getting more artists supported such that they don’t need a day job or purely commercial art pursuits (as opposed to “fine art”). I understand the current state of crypto isn’t near offering this outside of hyped speculative investments I’m also not interested in ideas on a shelf tha…

My interest in web3 + art is from finding new livable income sources for artists generally You should track down the New York Times article from this past weekend. From memory, it says that despite all the hype, almost no artists are making any money from NFTs. The average sale price is less than $400, which doesn't even cover materials.

I’ll look it up. But, not a fan of current dominant marketplaces or tools for artists so not very fussed with reporting focused on current status quo

Re: Stripe Crypto

#409
post #364

Earlier quoted context omitted.

It was never a solved problem, it was an addressed problem. And the method of address poorly allocated credit. Maintaining records for art transactions, and thus enacting a fee structure that would benefit the artist when art is traded, traditionally meant introducing a middleman - and the associated overheads are why "fine arts" are known as a gatekept world and commissions have become the default for digital art. A…

Assuming blockchain (and OpenSea atop that) count as "no middleman, no overhead" and not a new middleman (but it's a good one, because Andreessen Horowitz will make bank if it succeeds) atop technology that requires more energy consumption than small countries, it still isn't some magical wand that creates more people that spend disposable income on art. Commissioning art is one of _many_ ways you can do this. Non-co…

> atop technology that requires more energy consumption than small countries.

Look, this argument is a narrow one against PoW chains. You can point out correctly that a large share of the market/money is on those, and maybe Ethereum will or will not switch at some point, but it remains an argument against PoW nonetheless. Go support artists selling NFTs on Tezos then.

> This is a solved problem: you pay them for their work, which is how artists have made money since time immemorial. The degree to which artists can make a living off their art is a function of demand and discoverability, not whether they have a payment system (they do need this, but they already have them).

Some digital art cannot be printed (i.e. videos). "Paint my portrait"-style commissions are undesirable for many artists. "Here is some money create whatever" style commissions run into the same problem that for digital art, in that it is not clear what the buyer actually gets. People are commissioning NFT artists! It's all good.

The attitude of "buyers don't need NFTs they can support artists another way" is strangely inverted. If you can convince more people to spend money on art in other ways, that's great. Meanwhile, /artists/ need to find a way to earn a living.

How many new art buyers will NFTs bring when the speculative dust settles? How much will artists need to adapt to cater to that audience (i.e. creating PFP style collections?). We do know that the number is > 0.

Re: Stripe Crypto

#410

Earlier quoted context omitted.

fiat means by decree. Bitcoin made the term fiat popular.

Uhh... Popular on Reddit maybe. The term 'fiat' has been standard among traders, economists, and other professionals for a very long time. Other options were common until quite recently.

[deleted]
Post reply on HN