Content-type: text/html Downes.ca ~ Stephen's Web ~ The Death of Micropayments?

Stephen Downes

Knowledge, Learning, Community
What can go wrong with micropayments? Just about everything. Consider what happened to those companies that tried and failed: ""Some were platform dependent, or asked for unreasonable percentages of the take, or relied on putting everything on a centralized site, which would make them a portal. It seemed like every one of them offered a different road to hell." But that does not entail the end of micropayments. It tells us, though, that any such system must be platform neutral, inexpensive, distributed, and simple.

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Nov 04, 2024 5:56 p.m.

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