No one's yet made a workable solution for web micropayments, but one aspirational design metaphor I like is an electricity meter.
I don't think about running my dishwasher as a transaction with a price and a receipt: I just do things, and I get a bill at the end of the month.
Conversation
Prices are (fortunately!) calibrated so that the monthly bill is not usually a big deal. If it seems high, I might dig in: hey, this appliance is wasteful! Or maybe I need to turn off the mining bots or whatever. But default-batched transactions really lowers friction.
1
1
43
It's interesting to think about monetizing web content along these lines: you just read things; small charges accumulate; you pay the bill at the end of the month and maybe change future behavior if it seems too high. You could set a cap if you wanted. Aim for effortlessness.
3
2
68
I was excited to discover today that there's a proposed web standard very much along these lines! webmonetization.org
I don't know if this is the right solution, but *something* like this might help us escape the awful ads model.
10
5
85
A great point about the trouble here: how can price negotiation happen sensibly? The spec punts to browsers, but it’s quite a hard problem for the long tails.
Quote Tweet
Replying to @xeegeex and @andy_matuschak
It's an information theory question: the price signal comes from both positive and negative economic choice. Either negotiation in the bazar for the fringes, or supply demand in the bigger market. The utility model doesn't have that.
5
1
23
Also, I discovered the Web Monetization API via this wonderful essay on the magic of the web being left behind in the mad rush for newsletters: robinrendle.com/essays/newslet, which in turn I found via 's 💯 relaunched Society of the ‡:
What we in the business call a Robin Recursion.
3
Brave browser's BAT reward system has a wallet which you can load with your money (or obtain tokens through watching their ads. This wallet's money can then be automatically distributed to creators proportional to time spent on their content. brave.com/brave-rewards/
1
Reddit Gold is an interesting case study here.
No expectation of payment for content, but those who post are doing so knowing that it may result it that sweet, sweet karma
2
Bitcoin does this, its just crippled by small blocks so that blockstream can sell sidechains. BSV is bitcoin.
Show more replies