Crypto-currencies have the potential to really change what has been called "the creator economy".
Louis Rossman and others have said that having viewers donate a quarter ($0.25) per year would give them more revenue than they get from the advertisement revenue share from Youtube.
However, for small transactions, the processing fee with a debit or credit card is usually 25 cents plus a percentage. Patreon and others sort of solve this, by having you pay once and can split up between creators you support.
But what if you just want to give a video creator a 25 cent tip for a video you really enjoyed, but don't want to commit to donating again or to anyone else?
This is where crypto-currencies can shine.
Monero and Bitcoin Cash have tiny transaction fees, usually less than one penny. So it can make sense to send someone even 10 cents at a time.
#monero #bch #xmr #creatoreconomy
