I’m all for finding alternatives to the ad-based models that plague social media (and the web, in general), but how will people without bank accounts use such a system?
Free social networks (as in free beer) only accept users who don't have a bank accounts because the networks expect them to have one in the near future. Otherwise, there would be no reason for advertisers pay the social networks for the cost of these "free riders". Everybody ends up being monetized, that's the plan.
I haven’t had a bank account for the last 8 years. How long do you expect they will wait for me to get a bank account? What about people who banks won’t work with?
I disagree with this notion that users are “free riders”. Users bring content to these platforms. Without users, the platforms themselves are absolutely useless.
