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At the end of the day, you're using electricity to send around a bunch of 1's and 0's. The amount of electricity used doesn't change much whether it represents
by jb775 6y ago
At the end of the day, you're using electricity to send around a bunch of 1's and 0's. The amount of electricity used doesn't change much whether it represents $10 or $100,000...so why do you need a percentage of the total?
I understand existing banking structures already work on the percentage model (so there's probably downstream percentage-based charges Stripe must pay), but why can't this entire banking structure be disrupted to transfer that value back to society?
- brianwawok 6y agoIt can be, but one of the big guys will buy you and raise the price of your product.
- Samin100 6y agoCost-based pricing rarely makes sense for software products, as almost all products are just “sending around a bunch of 1’s and 0’s”. If that were the case, almost all software would cost just pennies a month. I’m not a fan of Stripe’s price increase for recurring plans either, and I think they could’ve communicated it better, but their pricing is far from unreasonable given the amount of research and engineering effort they put into the product that I don’t have to do myself.
- robertlagrant 6y agoThe majority of most business' costs do not primarily scale with electricity usage.