Value of and Methods for 100 Satoshi Ad Award

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If you don't know already, Bitlanders entered into some kind of business agreement which resulted in the 100 Satoshi Ad award.  If you watch the commercial that starts another Bitlander's movie, you should be receiving 100 Satoshi each time.

Now, I have to admit that I had kind of a bad attitude towards this award at the start.  Nobody told me at the start of the game not to spend the gems, I don't have any gems, and the only way to make the more substantial money is to use gems to get a post reviewed.  So, I have been making bitcoin here at a managed crawl, with a buzz ceiling of 51 that I could not surpass to save my life.  

Now, you have Satoshi awards for reading some posts of 10 Satoshis.  At one point, they had an award for viewing BitMiles references of 300 Satoshis, which they reduced to 30 Satoshis.  When the did offered the 300, I knew immediately that was kind of two good to last, so I stocked up quickly, and made a decent return before they nixed it.

So it was in this context that I approached the 100 Satoshi award.  In truth the award should be 200 Satoshis, and you have to watch ten commercials to get 1000 Satoshis, which seems like an awful lot of work.  However, I have changed my assessment.  This is why.

At 51 buzz, including power ups, the average daily payment is .16 at that rate, it takes a very, very long time to earn gems.  There are those of us, developing world or otherwise, that do not have the money or the bitcoin to "buy in" to article reviews.  This is bitcoins method and, for all the talk about helping people from developing country, it is a regressive policy which favors people who already have money.  Add to that the low effective rate on earnings for anyone who cannot afford to buy in, and you have two tiers of earners.  You have, as they say, the rich getting richer... and the poor getting poorer.  

However, this 100 Satoshi pay for commercial is progressive, even if it should be at 200.  I found that it is reasonable to watch 40 commercials a day.  This yields 4000 Satoshi, which is an additional 25% over that of the regular daily earnings.   Watching 40 Commercials a day at the current rate would actually cut the time to buy gems by 3 months.  Three months less to perform mindless tasks, and have our brains rot out.  

I realize that my writing might render me unpopular in some Bitlander circles, but I think it is important to tell a company that takes pride in helping people... that it borders on... not helping them.  That is why I ask for the 200 per commercial Satoshi minimum.  I believe that Bitlander could afford the increase and it is even possible that Bitlanders will increase their revenue by doing so.  Sometimes business offers some counterintuitive results that way.

Apparently, most of he people now collecting on the 100 Satoshi bounty are in America and Canada.  This certainly challenges the notion that Bitlanders can only reach developing countries.  If Americans and Canadians are so prosperous... why are they spending time collecting bounties at a rate which would take them several months to earn enough to buy a banana?

But I would like to know why the people in the developing counties are not collecting on this.  Some of the readers from developing counties hopefully will tell me if the bounty is available to them.  If not, why not?  If so, why aren't Bitlanders people in developing countries, who certainly outnumber the Americans and Canadians, deciding not to collect the bounty.  Could it be... that the 100 Satoshi bounty is not enough even to motivate a poor person in an impoverished nation.  Then ask yourself... with respect to the 10 Satoshi bounty for reading some of the blogs... what purpose does that serve?  The answer is... 10 and 30 Satoshi bounties serve absolutely no purpose.  100 Satoshi is the absolute minimum bounty to be offered that will actually motivate a person to change their behavior.  Even at 100, you kind of have to be a homeless person in cold New York or Vancouver coming out of the chill wind to show up in a wifi cafe and catch a few advertisement bounty bonuses.  Even under these circumstances, the person may have to buy a cup of coffee to stay in the cafe... and will take a huge financial loss on the deal.  

The question here is... whether Bitlanders public good message is pure rhetoric, or if Bitlanders really means it. The buzz system is regressive.  You've got some kind of PPC agreement which is not regressive.  But are you really paying your members the maximum you can afford to pay?

 

 

 



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