Micropayments

[Reed Hedges <reed@xxxxxxxxxxxx>]

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Here is an article in which Clay Shirky argues against micropayments 
(both our current "minipayments" and the general concept of 
micro/mini-payments).  It's somewhat convincing, to me at least:

http://shirky.com/writings/fame_vs_fortune.html

His key points are (1) that payment transactions involve a mental cost 
as well as a material one, and that micropayments would be even harder 
to think about (especially, I would add, if you don't know what you're 
buying yet);   (2) free will always have the advantage if the two 
products are the same.

What do you think?

- --

Reed Hedges
reed@xxxxxxxxxxxx
http://zerohour.net/~reed

VOS/Interreality: http://interreality.org



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