4 ms·

Here's some older explanations: Clay Shirky: http://web.archive.org/web/20060214180624/http://www.openp2p.com/lpt/a/515 http://web.archive.org/web/200602141806

Here's some older explanations: Clay Shirky: http://web.archive.org/web/20060214180624/http://www.openp2p.com/lpt/a/515 http://web.archive.org/web/20060214180624/http://www.openp2p... Andrew Odlyzko: http://www.dtc.umn.edu/~odlyzko/doc/case.against.micropayments.pdf http://www.dtc.umn.edu/~odlyzko/doc/case.against.micropaymen... Nick Szabo: http://web.archive.org/web/20080514172459/http://szabo.best.vwh.net/micropayments.html http://web.archive.org/web/20080514172459/http://szabo.best....

ghaff 6y ago
I still think Shirky is pretty much spot-on after a couple of decades. Even when it seemed as if "midi-payments" might be getting some traction in music and apps, they've now mostly turned into either subscriptions, ad-supported, or "free to play." And arguably a bunch of midi-subscriptions (e.g. $1/month) is even worse because enough of those and they add up to a real money leak. For subscriptions, I'd much rather have a $5-15/month that is a sufficient line item that I'll spend the time to consider whether I really want this or not.