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321 points Helloworldboy | 1 comments | | HN request time: 0.249s | 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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joshuamorton ◴[] No.15723961[source]
It's thrown into a hole in exactly the same way that my $30 I tipped btc is not mine, because I never got it out of the system.

Edit: I said it better in response to a sibling of yours: I think it's unethical for a platform to accept payment on my behalf without my permission.

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33W ◴[] No.15724203[source]
> I think it's unethical for a platform to accept payment on my behalf without my permission.

Would it be similarly unethical to accept donations to {charity} without first getting their approval?

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notatoad ◴[] No.15724326[source]
Is Brave going to mail me a cheque if i don't sign up for their creators platform?

This isn't analogous to collecting donations for a charity and then making a bulk donation. It's analagous to collecting donations for a charity, taking a cut of those donations for your troubles, and then depositing those donations in your bank account until the charity you supposedly collected for comes and asks for them.

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1. BrendanEich ◴[] No.15735214[source]
We're not taking donations, and there's no requirement the recipient be a charity. This is a user-driven contribution system, users decide to opt in, hold custody of tokens, and let browsing automation + any manual pinning or adjusting the like drive the tokens to creators.

If creators don't register after a decently long interval, the tokens flow back to the user growth pool. Users may choose to support only verified creators/publishers. As we scale up this user growth pool "powerball" effect goes away, and the BAT becomes more dear vs. fiat, so the pool lasts longer as grants and matching scale down in token quantity per user.