Details have been leaked regarding Facebook’s plans to launch its own subscription service, á la Patreon.
While Patreon takes a 5% cut from content creators who use its service, Facebook apparently has plans to charge as much as 30%. Meanwhile, the accompanying terms and conditions reveal the kind of draconian practices that Bitcoin and cryptocurrency were set up to circumvent.
Facebook will have the right to introduce new users to your account at their discretion – sometimes at discounted rates for the customer, and sometimes for free.
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