3 ms·
Literally no one actually wants micropayments. Having ever little event in your life become a payment is true dystopia.
by TylerE 3y ago
Literally no one actually wants micropayments. Having ever little event in your life become a payment is true dystopia.
- mrkramer 3y ago>Having ever little event in your life become a payment is true dystopia. It's already here for decades; each time you use Google or Facebook, you are giving in your privacy for free use of those services. But casual users don't care about their privacy so the ad based business model for Web services will prevail for a very long time.
- JumpCrisscross 3y ago> each time you use Google or Facebook, you are giving in your privacy for free use of those services You decide to use Google or Facebook once or infrequently. That’s the transaction cost. After that, it’s effortless. Micropayments involve constant transaction costs. They don’t work. A defining pillar of luxury is freedom from transaction costs; excluding those who can pay from your market is garbage economics.
- ghaff 3y agoYet tech people will insist it's a tech problem. Clay Shirky basically called it a couple decades ago that there's a mental transaction cost to buying things. I guess it's sufficiently indirect sometimes that it works. "Hmm. Is it worth it to turn on this light given that it's going to cost me $X cents to have light for the next hour?" But $1/song only lasted as long as that was the only legal model relative to buying a disc. And 5 cents for an article wouldn't work either.