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321 points Helloworldboy | 1 comments | | HN request time: 0.209s | source
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joshuamorton ◴[] No.15723512[source]
(disclosure, I work at google, and previously at YouTube)

This allows a user to donate to a content creator even if that creator doesn't have any way to get access the donations. That is, until youtubers start registering themselves in the payment tool, this is essentially watching someone's video, and then throwing money into a hole.

With other patronage systems, like patreon, you cannot donate money until the creator has an account. To me, that feels super sketch.

Edit: It reminded me to go and check my old bitcointip and altcointip accounts on reddit, on which I apparently had combined closed to $30 in BTC at today's prices, but which have both been shuttered and are now inaccessible. That's not promising.

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Ajedi32 ◴[] No.15723845[source]
The money doesn't go "into a hole". The funds are saved and a creator can retrieve them at any time once they sign up for an account: https://brave.com/publishers/#getverified Basically, it's their money, and whether they decide to withdraw it or not is entirely up to them.

IMO this is the right way to do it because it solves the chicken and egg problem that would normally exist with a universal funding method like this. Users don't have to worry about what payment platforms their favorite creators support; they can just browse the web like normal and the platform takes care of the rest.

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1. heroprotagonist ◴[] No.15726779[source]
If the company distributes contributions based on the time spent viewing material, then it's just tossing small bits of money into lots of buckets as users watch videos.

You need to ensure a 100% signup by video creators to ensure every creator gets paid and no money is in a hole. That's simply not possible; many creators are probably dead, unable to access their accounts, or unwilling to sign up for this service.

In that case, a very significant chunk of cash would be collected and never distributed. Relying on 100% adoption by creators to ensure no funds are miscredited is a miserable user experience.