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I think it is an inditement of the crypto space that this obvious use case never materialized.

• social_quotient 4y ago
  Yet…
• plebianRube 4y ago
  I point the finger directly at regulations. Who has the time to track lightning transactions for IRS capital gains reporting. Hopefully we see a bill where small amounts aren't taxed.
  • slg 4y ago
    My bank sends me a 1099 when I earn $0.14 of interest on my checking account. There is no reason this hypothetical crypto company couldn't do the same.
    • plebianRube 4y ago
      Wow. HN really has no clue. 26k karma dude thinks Bitcoin is a company.
      • slg 4y ago
        Where did I mention Bitcoin?
• x-complexity 4y ago
  The micropayments use case was highlighted in the Brave Browser's whitepaper: https://basicattentiontoken.org/static-assets/documents/BasicAttentionTokenWhitePaper-4.pdf https://basicattentiontoken.org/static-assets/documents/Basi... I will admit that this venture has user-related problems, in that similar to ads on a website, it relies on an honest userbase that's willing to give/pay BAT to the creator of the website's content. The infrastructure for such a system is still not fully developed, but it is technically possible to do so right now by minting an article-exclusive NFT in response to a user's micropayment, and then using SIWE (sign-in with Ethereum) to link a session with said address that has paid for the article. In order to facilitate cheap transactions, it'll have to be performed on a rollup like Arbitrum or Optimism, or on a sidechain like Polygon PoS. It does still suffer from the archive.is problem where a cached version of the unlocked article can be shown to everyone else, but such an endeavor will have to be funded out of pocket and is orders of magnitude more expensive than current archive.is bypasses.