ST Alpha - "It's still the Pearl Jam problem. You can rebel all you want against them, they control the good venues." (Reading a Post)

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In response to "Removes the greedy middleman of ticketmaster. Bands issue tickets. Users purchase/trade them through blockchain based exchanges. -- (link)" by oblique

It's still the Pearl Jam problem. You can rebel all you want against them, they control the good venues.

Posted by Reagen Sep 30 '21, 12:21

and while Ticketmaster fees are mostly bullshit, NFTs carry hefty processing fees right fucking there in their DNA.

Responses:

At least with Bitcoin and Lightning all these fears of massive blockchain fees have been solved. Layer 2 tech on top of the blockchain can alleviate - oblique Sep 30, 12:28 2
- That's every SV issue in a nutshell. "We want to do this thing, but we can't because regulations or market forces." "Yes, but what if we *could*" -- nm - Reagen Sep 30, 13:00 1
  - "Well there's still the problem of..." "Assume that away!" -- nm - Reagen Sep 30, 13:02

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