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regentbowerbird | 4 months ago
We should however make it easier to pay for content online; let's implement HTTP 402 and integrate it into the users' browser and internet bill to reduce friction. Who wants to create an account and enter their credit card details to read a single article or watch a single video?
Workaccount2|4 months ago
No, they overwhelmingly are not. When given the opportunity to not pay, and do so anonymously (no social shame), the actual pay rates drop to the 1-5% range.
This is a clear trend from thousands of creators who give simple payment options to those who wish to support them directly. The conversion rates from "ad-supported (but blocked)" to "paying member" are usually around 5% of the active audience.
The numbers are atrocious despite the deafening virtue signalling of comment sections ("I always pay creators to support them!")
regentbowerbird|4 months ago