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> micropayments aren't accessible, at all, to younger people, or the poor. This is a purely technological problem, not some sort of fundamental problem with th
by centimeter 6y ago
> micropayments aren't accessible, at all, to younger people, or the poor.
This is a purely technological problem, not some sort of fundamental problem with the concept of micropayments.
If advertising were really the only way young or poor people could generate value (this is not actually true, but for the sake of argument I'll go along with it), there could be dedicated websites where people intentionally look at ads in exchange for credit in their micropayment accounts (whatever that looks like, be it Bitcoin Lightning or some service from Square). Of course, once you phrase it this way, it becomes more clear that using ads as an indirect monetization strategy kind of doesn't make sense. It's better to have people perform mechanical turk style tasks (the monetization strategy of Captcha clones).
As a parent, I'd be happy to put a few cents in my child's micropayment account so they don't have to get their brain flooded with garbage whenever they use the internet.
- cameronbrown 6y ago> People intentionally look at ads in exchange for credit in their micropayment accounts. > It's better to have people perform mechanical turk style tasks. I do like the idea, but I still think the barriers to entry are way too high. I'm worried that what will really happen is people will just download content via other means, which will start publishers off the deep end putting DRM into their webpages. Just look at Steam as an example - it very much reduced piracy rates because it lowered the barrier to entry. > As a parent, I'd be happy to put a few cents in my child's micropayment account so they don't have to get their brain flooded with garbage whenever they use the internet. Easy enough for someone living in a 1st world country. A child in Bangladesh who just wants to read about maths or video games however... Not to mention, your child is now directly linked to your bank account, whereas before you had pseudo-anonymity.