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How are we going to pay for all this? (sh.itjust.works)

submitted 1 year ago* (last edited 1 year ago) by psylancer@sh.itjust.works to c/asklemmy@lemmy.ml

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I'm really enjoying lemmy. I think we've got some growing pains in UI/UX and we're missing some key features (like community migration and actual redundancy). But how are we going to collectively pay for this? I saw an (unverified) post that Reddit received 400M dollars from ads last year. Lemmy isn't going to be free. Can someone with actual server experience chime in with some back of the napkin math on how expensive it would be if everyone migrated from Reddit?

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[–] thestereobus@lemmy.ml -5 points 1 year ago (1 children)

Bank accounts and escrow and payment processors are complicated and require real companies with tax identifiers. Nobody is gonna set that up just to host an instance. IMO this is a perfect use case for crypto. Could be a monthly thing or micropayments. Maybe something a bit like the Basic Attention Token.

[–] Seraph089@sh.itjust.works 3 points 1 year ago

It's a perfect use case for Patreon, PayPal, and similar services that are easier to set up than any of the things you mentioned. And the stability of fiat currency is a benefit when we're looking at covering operating costs.

Crypto is fine as an option, but it doesn't seem like a great fit for the primary.