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All widespread forms of online payment require proof of identity and hence take away all anonymity and all privacy. Even after many years of debates and experi
by fauigerzigerk 7y ago
All widespread forms of online payment require proof of identity and hence take away all anonymity and all privacy.
Even after many years of debates and experiments, there is still no practical way to do anonymous micropayments. And I doubt there ever will be, because governments will always want to regulate payments.
So direct payment for content will very likely end up being yet another stronghold of all-powerful gatekeepers, just like the app stores.
- Fnoord 7y agoGood point. Not at all a fan of cryptocurrencies but would a cryptocurrency like Montero be of help here?
- fauigerzigerk 7y agoOnly if you believe that governments would ever let businesses receive hundreds of billions per year without any proof of who or where the payer was. In my view, these schemes will only be tolerated as long as they are tiny enough to fly under the radar.
- GoblinSlayer 7y agoThey regulate bitcoin, but don't take all anonymity.
- fauigerzigerk 7y agoI think there's only a tiny number of bitcoin payments on any given day.
- GoblinSlayer 7y ago>there is still no practical way to do anonymous micropayments Accumulate and pay in bulk.
- falcolas 7y agoYouTube Red (when it was Red) did exactly this with individual videos. And it worked. Red views were (are) worth around 100 (or more) traditional ad views.