[buzzkillington]

>I actually kind of agree with this: Patreon is indeed a good way to earn enough money to buy dinner once a week or whatever. I guess it's also good for big time influencer types who are in growth mode and not worrying about their overhead. I just think it's a mediocre solution if what you want is to create a stable, predictable, and mature small business out of your work.

Pretty much, I was planning a system for bug bounties in 2011, after doing some back of the envelope calculations it turned out you would need 150% overhead for a $10 bounty with human due diligence and using master card/visa/pay pal. Oh and you could never support any project that has anything that the banks don't like, which then included porn, lgbt rights, fair use drm exemptions and a bunch of other stuff that I can't remember any more.

So you either had to convince people to use some alt-coin that wasn't a pyramid scheme, then build an escrow service on top of it, then use that service to fund the bug bounty program. Or you could just do everything terribly and end up with Patreon (which for the above reasons will get even more creator hostile in the coming years).