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It's also not a new idea. Tons of people have thought about and worked on micropayment systems (myself included). See http://www.openp2p.com/pub/a/p2p/2000/12/1
by stanleydrew 17y ago
It's also not a new idea. Tons of people have thought about and worked on micropayment systems (myself included). See http://www.openp2p.com/pub/a/p2p/2000/12/19/micropayments.html http://www.openp2p.com/pub/a/p2p/2000/12/19/micropayments.ht... for a pretty good argument as to why micropayments won't work. Basically they overvalue cheap resources (like web content) and undervalue expensive ones (like users' time).
Think about it in some real-life contexts of your own. For instance, do you pay per text message, or do you have an unlimited texting plan?