Feedback: The title of this post makes me think it’s primarily soliciting donations from the wealthy (in particular those who got rich from having BTC when it blew up), and that you’re not really trying to get people like me to make donations on the order of $20. I’m unsure if this is true.
(I know the title isn’t meant to be literal, since the funding goals mentioned are in the low-single-digit BTC range, but it still has an anchoring effect.)
Yeah, I was a bit worried about that. In case it’s not clear, it’s mostly a reference to “Toss a coin to your witcher” and it felt funnier to me when I said “Bitcoin” instead of “Coin”.
I do think there is a real thing where Lightcone largely relies on substantial private donations, not a huge number of very small donations. Last year we had like 600 donors, which is a lot in some sense, but of course in order to fill our $2M budget this still meant the average donations was still $3,000!
So yeah, I do feel a bit bad about the affect of the title in this sense, but also felt like it captured something not totally invalid, and that makes me feel a bit better about it.
Feedback: The title of this post makes me think it’s primarily soliciting donations from the wealthy (in particular those who got rich from having BTC when it blew up), and that you’re not really trying to get people like me to make donations on the order of $20. I’m unsure if this is true.
(I know the title isn’t meant to be literal, since the funding goals mentioned are in the low-single-digit BTC range, but it still has an anchoring effect.)
Yeah, I was a bit worried about that. In case it’s not clear, it’s mostly a reference to “Toss a coin to your witcher” and it felt funnier to me when I said “Bitcoin” instead of “Coin”.
I do think there is a real thing where Lightcone largely relies on substantial private donations, not a huge number of very small donations. Last year we had like 600 donors, which is a lot in some sense, but of course in order to fill our $2M budget this still meant the average donations was still $3,000!
So yeah, I do feel a bit bad about the affect of the title in this sense, but also felt like it captured something not totally invalid, and that makes me feel a bit better about it.