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NickSzabo4's profile
Nick Szabo 🔑
Nick Szabo 🔑
Nick Szabo  🔑
@NickSzabo4

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Nick Szabo  🔑

@NickSzabo4

Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com 

Joined June 2014

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    1. Bennett Tomlin‏ @BennettTomlin 7 May 2018
      • Report Tweet

      Bennett Tomlin Retweeted Arianna Simpson

      This might be the most interesting solution to @NickSzabo4 problem of microtransactions I’ve seen. It still needs to be done in a way though where you aren’t actively considering each transaction. Whitelists, max costs, and automatic transactions could helphttps://twitter.com/ariannasimpson/status/993548136361676801 …

      Bennett Tomlin added,

      Arianna Simpson @AriannaSimpson
      I can't wait until I can just give my browser a monthly budget to spend on paywalls. I don't mind paying for content, but the friction of getting out my credit card every time is too high. Perfect crypto use case (esp. if we can get txn fees down).
      3 replies 0 retweets 6 likes
      Show this thread
      Nick Szabo  🔑‏ @NickSzabo4 8 May 2018
      • Report Tweet
      Replying to @BennettTomlin

      The trick is how to tell the computer which sites are worth how much to you. An extremely hard UI problem, made worse by programmers and even UI designers failing to realize that this is the problem.

      5:19 PM - 8 May 2018
      • 18 Likes
      • monero trader Osculation Blockchain Engineer ~ NC Bill Stewart рыбалка с IRONFISH siliconfist Rhiper
      3 replies 0 retweets 18 likes
        1. Bennett Tomlin‏ @BennettTomlin 8 May 2018
          • Report Tweet
          Replying to @NickSzabo4

          Very true. I imagined there would be people who would curate lists; and then you would be able to use that as a starting point to reduce some of the mental cost

          0 replies 0 retweets 0 likes
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        2. Jolls‏ @EconEngineer 8 May 2018
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          Replying to @NickSzabo4 @BennettTomlin

          You've discussed the mental transaction cost of micropayments but I have to admit that I think that cost is a plus. It would act to keep me away from reading useless material I wouldn't even pay a few SATs for.

          2 replies 0 retweets 2 likes
        3. Jolls‏ @EconEngineer 8 May 2018
          • Report Tweet
          Replying to @EconEngineer @NickSzabo4 @BennettTomlin

          It's like donuts. I never buy them even though they are really really cheap. But god help me if someone brings them to work and their free. A little cost does wonders for self control.

          1 reply 0 retweets 3 likes
        4. Bennett Tomlin‏ @BennettTomlin 9 May 2018
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          Replying to @EconEngineer @NickSzabo4

          This is a really good point. So maybe you allow say the New York Times to be whitelisted, but make sure say Buzzfeed or something is deliberately not white listed

          1 reply 0 retweets 1 like
        5. Jolls‏ @EconEngineer 9 May 2018
          • Report Tweet
          Replying to @BennettTomlin @NickSzabo4

          If not whitelisted I'd rather have it bot display ads at all still. So maybe id I click on a BuzzFeed link they still get their half cent or whatever. If the payment is small enough I'm willing to pay for every click, every page view,... I would willingly turn that on with no ads

          1 reply 0 retweets 1 like
        6. Bennett Tomlin‏ @BennettTomlin 9 May 2018
          • Report Tweet
          Replying to @EconEngineer @NickSzabo4

          And you would want it to ask you each time?

          1 reply 0 retweets 1 like
        7. Jolls‏ @EconEngineer 9 May 2018
          • Report Tweet
          Replying to @BennettTomlin @NickSzabo4

          No, it should autocharge. Just like ads show every time without asking me whether or not to show. Ads are a cost as well that does not Financial. You should be able to set a Max that pays without asking. Then you'd assume every click charges that amount.

          2 replies 0 retweets 1 like
        8. Bennett Tomlin‏ @BennettTomlin 9 May 2018
          • Report Tweet
          Replying to @EconEngineer @NickSzabo4

          Okay I agree completely and that is the way I interpreted the proposal. In my response to my original tweet that’s how I assumed she was describing it

          1 reply 0 retweets 1 like
        9. Jolls‏ @EconEngineer 9 May 2018
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          Replying to @BennettTomlin @NickSzabo4

          Awesome. I really hope this happens. Mostly from a content support perspective and self control standpoint. I don't have good self control to free things. For example: I made my bus rides amazingly more productive by changing to a pay per data plan vs unlimited data.

          0 replies 0 retweets 1 like
        10. End of conversation
        1. SaHaS‏ @_CuriousBit_ 9 May 2018
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          Replying to @NickSzabo4 @BennettTomlin

          You pay for those sites that interests you and use a VPN to secure the network.

          0 replies 0 retweets 0 likes
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