Is it a good thing that ReadCash has stopped paying writers?

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1 year ago

Is it a good thing that ReadCash has stopped paying writers? Is it a good idea? I am asking myself that question as I write this article.

The Impact of ReadCash Stopping Payments to Writers

Recently, ReadCash stopped paying its writers, and the decision has left many in the Bitcoin Cash community questioning whether it's a good or bad thing. In this article, we'll take a closer look at the pros and cons of this decision from different perspectives.

Pros for Holders: Those who were writing on ReadCash just to earn tips may disappear, reducing the amount of repetitive and low-quality content being produced in the Bitcoin Cash community. This, in turn, could result in fewer sellers in the open market, leading to higher prices for holders of BCH.

Cons for the Community: However, the downside is that there may be fewer voices speaking up about Bitcoin Cash, reducing the community's ability to reach new investors. Additionally, professional writers who were being paid for their work may choose to leave the platform, leading to a decrease in the quality of content being produced.

Benefits for Remaining Writers: For writers who choose to stay, this could be an opportunity to write more authentic and meaningful content, rather than just trying to earn tips. It could also result in readers showing their appreciation through regular tips, helping to keep current stories and daily happenings coming.

Conclusion: While the end of payments may lead to a decline in activity on ReadCash, it could also lead to a higher quality of content being produced. For writers, it may mean focusing more on creating meaningful content, while for readers, it could lead to a more meaningful engagement with the Bitcoin Cash community. In the end, the truth will always find its way, and if Bitcoin Cash has a message, it will eventually reach those who need to hear it.

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Comments

Has it?. I was just getting back.

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1 year ago

you stopped by awhile? well now you don't get more tips from the bot but only from actual users which is much less and not that frequently.

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1 year ago

Ahhhh i seee.. let me see if i can squeeze in a try with that change. Kinda missed writing. . .

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1 year ago

i guess this means writing incentives go back to community tips? u have my support 😉

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1 year ago

That is the idea. Bitcoin was not meant to be just about making money, that came later. I understand both BCH and BTC, and I was lucky enough to be here just before 2017 around 2013 to 2015. We need people to try us out before buying, and even after trying some people may not get it just by trying but also by having the theory behind the usage of BCH instead of normal everyday fiat.

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1 year ago