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by pjc50 4248 days ago
Frictionless billing is harder than it sounds, because it opens the door to frictionless fraud. If I can automatically bill you for a thousanth of a dollar I can automatically do that hundreds of thousands of times. If it's with bitcoin I can obfuscate the destination of the money.
1 comments

Agreed. Question is whether it's harder or easier than restricting traffic fraud, and if you can comply with know your customer laws and still protect privacy.