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Yes, I'm using a useful definition from the consumers point of view. The fact is once I send a per-msg-billed text message, I *will* end up transfering $ to the phone company to pay for it. From my point of view, that's a microtransaction, implemented via a per-month bill.
No you are using a meaningless definition which you cannot distinguish from the ambiguous phrase "small payment". I am using a very clear and useful distinguishing definition, and the definition that was universal when I wrote those essays in the 90s.
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Useful for what? Writing articles? I care a lot more about definitions useful for UI/UX designers and devs.
Useful for knowing and thinking about things, which seems to be in short supply above your neck on this topic. It is not allowed on my timeline to have strong opinions on topics on which you are pig ignorant. Blocked.
I don’t think you guys truly understand how many people in the world enjoy and learn from healthy debates between great minds like yourselves. You guys speak and the world literally becomes more intelligent. I urge you to put differences aside for the benefit of mankind.
Thanks! I kinda understand: https://analytics.twitter.com :P
For the ignorant, what is the specific definition of "micropayments"?
I think generally the idea was any payment under $1. With IP getting digitized in the 90s, the idea was that IP consumers and producers would benefit. Credit Card costs made small payments cost-prohibitive. https://en.wikipedia.org/wiki/Micropayment … is a pretty good summary.
By this definition is an App Store 99 cent purchase of an app consumable a micropayment?
I would say so, but I'm sure as hell going to defer to @NickSzabo4 who was and is a pioneer in this space. Of course a crucial aspect of the Itunes Store is that is a closed platform, and that is pretty different from the open source vibe of the original micropayment systems.
I think the main idea was "any payment that is small enough that the existing infrastructure, i.e. credit cards, made processing the payment more costly than the value of the transaction." This was when stores commonly had, e.g. a $10 minimum for credit card purchases.
Nick why do u care ?
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