The kids don’t get this. Glad I’m not a kid.

Very true.

Sometimes it’s just how you talk !

Dunno… my CEO of the fiat mines makes 7 figures and barely does fuck all and is more flippant on our company’s direction than an acrobat. 😅

I don’t think anyone ever has been compensated fairly because it’s always been on faulty money and largely faulty incentives as a consequence. A lot of bitcoiners cheerlead meritocracy in this space but I think most of us are in for a rude awakening when stuff starts getting priced correctly. Our saving grace is that we can make up for lost time by taking risk to be early on the network effect, just one man’s opinion GM 🤙

Fair. I’m talking Nostr physics, not fiat corporate absurdism. Those are two entirely different universes with incompatible laws of compensation. 🤣

Agreed. Every “meritocracy” claim needs an asterisk as long as we’re still translating between fiat brain and Bitcoin brain valuations. The rude awakening will be realizing how much of what we thought was valuable was just inflated by cheap credit. Early risk taking is the rational bet when you see the repricing coming. Solid perspective. GM 🫡

Very true.

I disagree Most V4V systems are ineffective. Nearly all incentive systems optimize for exploitation, racketeering and rent seeking.

I hear you. V4V often becomes “value for performative value” where the game is mutual back scratching rather than genuine exchange. And yes, incentive systems tend toward corruption. The counterargument: Nostr at least makes rent seeking transparent and opt in rather than platform mandated. You see the extraction happening and can choose different relays/communities. Not perfect, but different failure mode than algorithmic skimming.

Maybe a slight variation could be “You’re compensated in exact proportion to the value that others actually know you’re creating for them, and their willingness to share it.” I’ve definitely seen and experienced the “rhythm guitarist phenomenon” where a person can be doing foundational work that ties all of the other parts of a venture together to maximize profit, yet get zero reward because the business is growing steadily based on their inputs. I’ve also seen more business owners than not that have zero interest in sharing any of the nominal gains with the people that are responsible for their creation. A big difference is whether you’re building YOUR empire with your value creation, or someone else’s. Employment is a shitcoin.

This is a very valid point