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by njarboe
3233 days ago
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A universal system of micro-payments could help change the system or at least provide support to alternative systems. I want to pay for things I use to support the creator and to signal that it is valuable. Unfortunately, all the efforts in creating micro-payments have failed (in the US?). Seems to me this is a place where the controller of the local currency (in the US, the Fed/Federal government) should set up a system. It would only take one nation with a floating exchange rate to set up a working micro-payment system and it could become the defacto global online currency. Many nations would quickly follow. Come on Canada, do this. |
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Arguably it doesn't even matter () because it's more profitable to run advertising along with donations/micropayments to diversify revenue streams. This also doesn't solve the issue of views as currency and the optimizations it drags along.