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I would love to see a viable micropayment model (a la Jaron Lanier's years of suggestions) that takes the baby steps we've already made (e.g. Patreon, Substack)
by chrbutler 3y ago
I would love to see a viable micropayment model (a la Jaron Lanier's years of suggestions) that takes the baby steps we've already made (e.g. Patreon, Substack) and accelerates us to a place where all value is compensated.
- DoreenMichele 3y agoMicropayments of just a few cents is basically how many ads work. I've already stated that HN hates ads. You can currently pay as little as a dollar via PayPal and it's like 67 cents for the recipient (or was last I checked). Lots of people just feel that's not micro enough and not frictionless enough.
- TheOtherHobbes 3y agoThe point would be micropayments without the ads - which are mostly noise anyway. From the creator POV YouTube and Kindle Unlimited approach this model. So does Spotify, to an extent. But the payments are much smaller than the value generated. And creators are at the mercy of gigantic centralised content distribution machines which can destroy your career on a whim, or because of an unfortunate outbreak of stupidity and bureaucracy. There isn't anything like a federated micropayments system which would offer aggregation and payment services, but would be run at cost - a bit like the cultural equivalent of a credit union.