Podcasting 2.0 is exploring similar paradigms with The Lightning Network. Decentralized. Cross border. Open protocol.
I personally think the barrier to entry is still high for the payee/payer. But it seems like a solvable problem. Probably some browser extension that can help trigger the transaction when you navigate to a compliant site.
When you start paying with micro transactions for content like a blog post or a medium article, you quickly trip over burdensome creditcard fees.
Barrier to entry, true. Building website network is also a problem, but they do have incentive as even all posts becomes a source of revenue, not just the ones behind paywall.
1. Decentralized - one way
2. Wikipedia style - centralized and non profit.
With credit system, anyone can buy them in excess and utilize it for years.
Comments
Podcasting 2.0 is exploring similar paradigms with The Lightning Network. Decentralized. Cross border. Open protocol.
I personally think the barrier to entry is still high for the payee/payer. But it seems like a solvable problem. Probably some browser extension that can help trigger the transaction when you navigate to a compliant site.
When you start paying with micro transactions for content like a blog post or a medium article, you quickly trip over burdensome creditcard fees.
Barrier to entry, true. Building website network is also a problem, but they do have incentive as even all posts becomes a source of revenue, not just the ones behind paywall.
1. Decentralized - one way 2. Wikipedia style - centralized and non profit.
With credit system, anyone can buy them in excess and utilize it for years.