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by fragmede 993 days ago
Micropayments, which are now possible if you accept cryptocurrency (specifically Solana) as the intermediary instead of Visa/MC, work. But how that would work is that you'd scroll past an article and pay for scrolling down. Instead of doing that, we put an ad in so when you're scrolling down, it costs the advertiser a micropayment and sends it to the ad agency (Google) at the expense of the viewer's time.
1 comments

How do I convert Flooz to Solana?
Responding to the strongest plausible interpretation of what you said, as per the guidelines at https://news.ycombinator.com/newsguidelines.html, it looks like you'd have to use something more mainstream (BTC/ETH/USDT) as the intermediary as https://flooz.xyz/trade won't convert Flooz directly to Solana. Getting money in and out of the Solana ecosystem is part of being able to do micropayments. USD to Solana (and back) is supported by Coinbase, however. My main point is that the code to make it so that scrolling down the article you're reading sends sub-cent amounts to the author is actually possible with today's technology, whereas it wasn't back in the 90's.