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Unfortunately, it's not that simple… 🧵

What Honey has done is created a classic prisoner's dilemma scenario. As an end user of honey, why exactly should I stop using it? If I uninstall it, the prices I pay for things go up. Using Honey from a user's perspective is all upside and no downside. So the user equation remains unchanged.

From a merchant's perspective they know that from a user's perspective people will continue to use it as per the argument above, this means that Honey's user base is the same, and all the arguments for partnering with Honey remain unchanged.

1/1/25, 11:36 am0 reposts0 likes

From a creator's perspective, Honey will remove the creator's referral code regardless if you partner with them or not, so the decision to partner with honey has nothing to do with Honey removing the referral code. Again, the equation remains unchanged.

By everyone optimizing their own profit, everyone loses money, except of course Honey. This is all another example that free markets can't and don't solve all problems. The only "solution" to all this is government regulation. Have a nice day.

đɨɍŧɨƀɨŧ

@dirtibit.bsky.social

8 Jan 2025

What are you buying that Honey helps with? It has been largely a nothing-burger for me.