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Re: Micropayments

On Sun, Sep 14, 2003 at 10:55:48AM -0400, Reed Hedges wrote:
> 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?

See this response by Scott McCloud, who has discussed Xanadu and
micropayments with me on several occasions (and consequently mentions
Xanadu in his book "Reinventing Comics".)

http://www.scottmccloud.com/home/essays/2003-09-micros/micros.html

Cheers,
	Andrew
-- 
mailto:xanni@xxxxxxxxxx                         Andrew Pam
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