[cedws]

Conversely this has the potential to unlock the internet. How often have you clicked a paywalled link on HN and moved on because you don't want to go through the hassle and pay $20 to read an article? If you could be frictionlessly billed 10c to read the article instead, wouldn't you be more willing?

I'm actually OK with paying a fair price for the content I consume, I just don't want to be paying hundreds of subscriptions for websites that I might only visit twice a year.

[fizzbuzzdizz]

“unlock the internet” by locking it up. yep that makes sense. ship it.

[incompatible]

Presumably, nobody would offer the 10c per page unless they were making more than the $20 / month or whatever previously. So people will be paying more. Then add all the sites that currently just get what they can with advertising, and now they can become pay-per-view.

[csomar]

The $20/month model is exclusionary as you are excluding people who are not interested in regularly reading a single newspaper. Pay-per-page is more reasonable. I have rarely paid for news subscription (partly because I find news here which comes from many sources). Obviously, I am not going to pay hundreds in subscriptions, so I am essentially paying $0.

With this, I can see myself paying $20-30/month (less than my coffee spend). That's money that was previously unlocked. Also, being able to pay some random writer/journalist outside the mega-news-corps, has a special feel to it and this gives me the option to do that.

[incompatible]

Random writer/journalists outside the mega-news-corps sometimes have a page for donations. You could donate to one once per month if you want to get rid of your $20-30.

[Sankozi]

Or you could just read the news and pay automatically in the microtransactional world, without analysing which journalist should be supported.

[skybrian]

They weren't getting the $20 / month from users who bounce off.

Seems more likely that subscriptions, advertising, and microtransactions will coexist.

[sanswork]

They have to get almost 200 more conversions to make up for the single subscriber. Given a lot of these services offer $1 entry subscriptions and people still bounce it's unlikely you'll have a mass market excited to pay $0.10 everytime they want to read an article to make up for the person paying $20 to read a handful everyday.

Microtransactions have existed in a bunch of forms over the past 20 years and always fail to find take up because the mental load in deciding to pay or not is higher than the value receive.

Maybe ideal for agents but how many people are going to trust their agents with enough of a balance.

[thinkloop]

A $1 entry subscription where you have to type your name and credit card and submit and wait and now you have a relationship to manage, is infinitely more expensive than a 10 cent, automatic, non-recurring, one-time, no cancelation needed, pseudonomous, microtransaction.

[applfanboysbgon]

> pseudonomous

Which isn't private. Wallet ID 123 buys a 10c article from Leftist Newspaper A and one from Leftist Newspaper B. Leftist Newspaper A and B, being businesses, sell the information that Wallet ID 123 purchased an article to Data Broker A. Data Broker A correlates all purchases Wallet ID 123 has ever made and with a high degree of accuracy identifies who they are and their political affliation. Data Broker A sells this profile to anyone who asks for it, including far right governments who might be interested in throwing people out of helicopters based on their political affiliation. Unless you use Monero, this will happen, and Monero will obviously not be used.

Yes, 90% of people are careless and already give away this information right now. But you're suggesting closing the door on the rest who care to be able to protect themselves while still being able to use the internet, and cementing that nobody will ever have privacy for the rest of their lives, when we should be making an effort to make it harder to identify people, not easier.

[Sankozi]

90% of people are careless and 9.9% are ignorant thinking they are safe.

Microtransactional web is only a risk in an alternative universe which doesn't have spying/tracking/profiling funded by enormous ad industry.

In our world it is a big improvement.

[skybrian]

Perhaps some kind of mixer could be put in front of the micropayments system.

[sanswork]

Right but it means I can go read a bunch of content right away vs microtransactions where literally every click becomes a case of me deciding if it's worth 10c. That is exhausting.

Also if they are handling payments at some point you're going to be forming that relationship or they are going to get shut down for money laundering very quickly.

[Sankozi]

This is exhausting only if you don't value your time (which is the biggest cost when reading the news). People will learn how to make such decisions quickly.

[Sankozi]

It will not be same price per page. I would gladly pay more than 1$ for a great article.

Also 20$ monthly from 10 users for the whole site might be worse than 0.1$ from 100 users for a single article.

[mx7zysuj4xew]

Nope, not going to happen. Any per use micro transaction isn't going to work. If anything it's going to require a huge amount of workarounds to get the content for free via alternative means

[t-3]

Which payment processor will charge less than 10c per transaction?

[acejam]

The idea is that a payment processor isn't involved at all