Micropayments from readers to authors were a crucial part of Ted Nelson’s original design for hypertext. The web is broken for lack of that.
No existing payment infrastructure, including Bitcoin, can handle the volume of transactions needed to make web micropayments work.
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A technical solution to the reader-to-author micropayments problem will utterly change the economics, and therefore experience, of the web.
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Wondering whether I’m a net creator or consumer of the web! Let’s do some math…pic.twitter.com/ZO2PELgU3I
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@Meaningness Check out payment channels (bitcoin overlay for micropayments). Can do satoshi-level (picopayments) at 200ms intervals.Thanks. Twitter will use this to make your timeline better. UndoUndo
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