[colonelxc]

Advertising clearly wont "go die in a fire", no matter how frictionless the payments are. There was a conversation on hacker news just a few days ago about 'smart' TVs all getting ads, spying on the user, etc.

This is an example where people do have a way to pay for TVs (no need for microtransactions, TVs cost hundreds of dollars already!). But the TV makers have decided they can make more money by adding Ads, so why would they not?

This happened with cable TV too. You pay for the TV already, as a subscription even, why do you also get Ads? Because the cable company gets more money.

Can companies live while just charging for their services? absolutely. Will a lot of companies try to add additional revenue flows anyways? Also yes. In theory a company could compete on a 'no ads' platform. In practice, industry after industry realizes that they can just make more money at the turn of a switch. DeFi doesn't fix that. The advertisers are still going to come calling with their checkbooks.

I grant that DeFi does have some potential for micropayments that are hard with traditional finance. That could help make some blogs and small things ad free. But my point is that making payments has not at all stopped ads from invading every other industry. TV ads are not because your purchase had too much finance overhead. The advertisers will still be there, checkbook in hand.

[__MatrixMan__]

Frictionless payments are a relatively small part of it. The bigger part is figuring out who needs to be paid for what.

Consider gitcoin, for instance. Yeah, it processes payments, but more importantly it tracks developer reputation, user donations, and facilitates aggregate decision making (re: voting on how to spend the money).

Are you saying that eventually, the users will vote to have ads included in their open source software? I think not. It's only when somebody is able to exploit a privileged position as owner-of-the-medium that you get greed-driven service degradation like that. But we're learning how to build ownerless mediums. Whatever problems they have, I don't think they'll be the same-old middleman problems that we're used to.

[Ntrails]

>This happened with cable TV too. You pay for the TV already, as a subscription even, why do you also get Ads?

Drives me batshit that amazon does this on Prime. Play the fucking film you bastards

[__MatrixMan__]

Too bad we can't just fork a copy without ads and use that instead.

[acdha]

The reason you can't fork it is because the copyright owner wants to maintain control. That means that the content will never be on a blockchain even if we see the 8+ orders of magnitude efficiency improvements which would be needed to do so and when you've built the systems which would be necessary to hold and authorize access you don't get anything except expense and support burden from a blockchain.

[__MatrixMan__]

Oh, my point was that we can and already have (ok, a DHT is not a blockchain, but it's the same sort of deal). I pay for Prime for the shipping, so I could stream it, but I still torrent the content because it's just more convenient to have the file.

The only thing that DeFi changes about this scenario is that it's going to get easier for me to pay the people who make the content available in the format that I prefer. When it's sufficiently mature, that'll mean paying the artists as well. It's just a shame that we're not there yet.