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This is the kind of “better internet” I want. Compared with ads, I’d much rather have a 0.05 dollar paywall. But for this to work, the technology has to be bui
by Sha1rholder 2mo ago
This is the kind of “better internet” I want. Compared with ads, I’d much rather have a 0.05 dollar paywall.
But for this to work, the technology has to be built on crypto micropayments. The total cost and friction of traditional payment systems, including online payment services like PayPal, would make this impossible. I think this is also one of the design goals behind Web3 and Project Xanadu.
https://en.wikipedia.org/wiki/Project_Xanadu https://en.wikipedia.org/wiki/Project_Xanadu
https://cloudflare.pay/ https://cloudflare.pay/
- upboundspiral 2mo agocrypto is a solution in search of a problem.
- Sha1rholder 2mo agoIf you live in a developing country and frequently make or receive cross-border payments in currencies other than USD, you’ll understand that's not the case. The fees and compliance burden of traditional financial system still represent a huge cost in cross-border trade. These costs kill micropayments. I’m bullish on oracles and cryptography-secured monetary systems.