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patrickc's profile
Patrick Collison
Patrick Collison
Patrick Collison
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@patrickc

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Patrick CollisonVerified account

@patrickc

Fallibilist, optimist. Stripe CEO.

patrick@stripe.com
patrickcollison.com
Joined April 2007

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    1. Jatin Sharma‏ @matters_of_mind Jan 22
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      Jatin Sharma Retweeted Paul Graham

      Pay per article and dynamic pricing at that. This way important articles may be read by all. This model will also generate distribution influencers. For example I will pay and read an article referred by Paul Graham.https://twitter.com/paulg/status/1219911533070897153 …

      Jatin Sharma added,

      Paul GrahamVerified account @paulg
      One novel consequence of the new paywall model of journalism is that only your subscribers even see your articles. It used to be that when an important article was published in a national newspaper, everyone concerned had read it. Now only subscribers have.
      Show this thread
      6 replies 1 retweet 50 likes
    2. Paul Graham‏Verified account @paulg Jan 22
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      Replying to @matters_of_mind

      That is actually an interesting idea. A class of curators would emerge.

      8 replies 1 retweet 53 likes
      Patrick Collison‏Verified account @patrickc Jan 22
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      Replying to @paulg @matters_of_mind

      I also liked @VitalikButerin's idea (from @BitcoinMagazine) of "article ransoms": unavailable until a fixed total amount is collectively paid.

      9:38 AM - 22 Jan 2020
      • 6 Retweets
      • 123 Likes
      • Alice Ma Albert Szabo Edouard Harris ᴅᴀᴠɪᴅ ᴘᴇʀᴇʟʟ ✌ Nick Webb Michal Branski Jason Bucata - Tech Jason Bucata david pratt
      20 replies 6 retweets 123 likes
        1. Jatin Sharma‏ @matters_of_mind Jan 22
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          Replying to @patrickc @paulg and

          Only drawback would be that publishers rather than the market forces would decide the price, may lead to certain articles never reaching that threshold.

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. Arpit Sapra‏ @ArpitSapra Jan 22
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          Replying to @patrickc @paulg and

          If it's pay per article, won't it be 'difficult' for newspapers to justify keeping those journalists/reporters on payroll whose articles are not bringing in *good* revenue? On the other hand, won't it also lead to more click-bait headlines to 'attract' ?

          1 reply 0 retweets 3 likes
        3. Jatin Sharma‏ @matters_of_mind Jan 22
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          Replying to @ArpitSapra @patrickc and

          Yes. However that problem can be circumvented if news websites become financially viable. They can fund important articles and mark them as free.

          0 replies 0 retweets 1 like
        4. End of conversation
        1. New conversation
        2. Patrick McKenzie‏ @patio11 Jan 22
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          Replying to @patrickc @paulg and

          I feel tempted to try building that just to see whether the UX is palatable. (And even more tempted to suggest @gwern try it on a piece in the upcoming queue, preferably setting the ransom higher than seems reasonable.)

          5 replies 0 retweets 25 likes
        3. mikedemarais.eth‏ @mikedemarais Jan 22
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          Replying to @patio11 @patrickc and

          this is what @UnlockProtocol is building

          0 replies 0 retweets 4 likes
        4. End of conversation
        1. New conversation
        2. michael_nielsen‏ @michael_nielsen Jan 22
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          Replying to @patrickc @paulg and

          Ideas around assurance contracts (and @ATabarrok's dominant assurance contracts) still seem very under-used, to put it mildly: https://en.wikipedia.org/wiki/Assurance_contract … (Having institutions reliably able to solve collective action problems seems like... I dunno, the invention of agriculture.)

          2 replies 1 retweet 16 likes
        3. Franco Petra  👨‍🚀‏ @fpetra_ Jan 22
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          Replying to @michael_nielsen @patrickc and

          Franco Petra  👨‍🚀 Retweeted Luis Cuende  🦅

          Blockchain space is working on these coordination problems using DAOs.https://twitter.com/licuende/status/1219958783218212864?s=19 …

          Franco Petra  👨‍🚀 added,

          Luis Cuende  🦅Verified account @licuende
          The web allowed us to share ideas across boundaries. Web2 allowed us to share *and discuss* ideas across boundaries. Web3 allows us to share, discuss, and *coordinate to take action* on ideas. Blogs → Social media → DAOs 🦅
          Show this thread
          0 replies 0 retweets 0 likes
        4. End of conversation
        1. New conversation
        2. Philip Battin‏ @PhilipBattin Jan 22
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          Replying to @patrickc @paulg and

          I never understood why no one did something like @flattr but essentially you pay a flat subscription fee and that subscription is automatically distributed to the news sources and podcasts you listen to the most that month

          2 replies 0 retweets 1 like
        3. Gary Basin‏ @garybasin Jan 22
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          Replying to @PhilipBattin @patrickc and

          Medium is doing this now, basically

          1 reply 0 retweets 1 like
        4. 1 more reply
        1. Gabriel‏ @Conanbatt Jan 22
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          Replying to @patrickc @paulg and

          This is the story of the Czech metronome, an art display seen from Prague built after the URSS fell. Its maintained by public donation, so if people stop paying it stops moving. "The Czech people must set their own pace"

          0 replies 0 retweets 2 likes
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