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Think about what else in the world costs $.99 -- can't even get a 20oz soda for that anymore -- and then think about what cool software -- like games -- normall
by adamhowell 18y ago
Think about what else in the world costs $.99 -- can't even get a 20oz soda for that anymore -- and then think about what cool software -- like games -- normally cost.
This is a cool little piece of technology for less than the cost of a soda. That's a) something you can't really get anywhere else and b) possibly the beginning of the micropayment revolution for things other than music that we've been waiting on for awhile now (unfortunately self contained to the iphone for now, but I'm sure coming to the rest of the product line soon)
- nihilocrat 18y agoOh, okay. At $.99 I can see why it would be popular. And I've just demonstrated that I read one too few paragraphs in the story.
- davi 18y agoInteresting -- in the end, inflation is what will let us make micropayments...
- ntoshev 18y agoHow so? The problem with micropayments is not that the absolute numbers are low (in many currencies the numbers are always pretty high).
- davi 18y agoBecause of the difference between deploying infrastructure vs. maintaining infrastructure already deployed. Companies seem to be willing to deploy infrastructure to collect e.g. 1 dollar payments, but not 10 cent payments. I'm guessing that they'll be willing to maintain that infrastructure even as the value of the payment decreases due to inflation, since the per transaction costs are low and likely to get lower, and there's little risk in maintaining existing infrastructure.