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battani | 11 years ago

What kinds of use cases can you think of for microtransactions?

There's a reason entire industries are moving toward the pay-by-the-month/year model instead of pay per use (Spotify, SaaS, online edition of newspapers, etc.).

> For example I wouldn't mind paying 0.001 cent to read an article.

Most people would actually prefer paying a monthly price rather than pay each time they consume content. Why? Clay Shirky explained it best almost 15 years ago: http://www.openp2p.com/pub/a/p2p/2000/12/19/micropayments.ht...

In short, consumers HATE micropayments because they want predictable and simple pricing.

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pbreit|11 years ago

And advertisers will pay much more than 0.001 cent per impression.