Live data from Hacker News

What happened with the Web Monetization API?

chriscoyier.net

231–240 of 271 posts

Re: What happened with the Web Monetization API?

#231

Earlier quoted context omitted.

I need to send money to VN from time to time. Would you mind sharing the name of the service you used?

Easily google'd. Shows up in the top 5 results for me.

Is there a particular reason you’re not saying the name?

Re: What happened with the Web Monetization API?

#232

Earlier quoted context omitted.

Easily google'd. Shows up in the top 5 results for me.

Is there a particular reason you’re not saying the name?

Sure. I'm just trying to discuss a personal experience, not give referrals to a third party business. I'm also not that hard to find... if people wanted to reach out personally, that is fine too.

Re: What happened with the Web Monetization API?

#233
post #113

Earlier quoted context omitted.

This is literally the use case for cryptocurrencies -- digital cash, not investments. In the more... questionably legal parts of the web, Monero is pretty common since you can't use regular banking anyway. The fees are pretty low, at around USD0.001 IIRC. There's also Nano (feeless) but it doesn't seem to be very popular, unfortunately.

Please correct me if I'm wrong here (I've been out of the crypto game for a couple years), but I don't think crypto holds up here. The nature of transaction fees with crypto is they scale exponentially with demand. Monero fees are low because volume is low. Bitcoin fees are high ($9.97 was the average transaction fee yesterday!) because volume is high. Any fully decentralized crypto at the scale of use that the Web M…

As mentioned, Nano is inherently feeless. In theory it's supposed to remain fast and reliable at high network usage, and as of right now it's very fast, but it's only doing about 26k tx/day (about the same as Monero) so it's hard to say.

Re: What happened with the Web Monetization API?

#234

Earlier quoted context omitted.

I think a large portion of enshittification comes from sites being advertising revenue driven. This leads to them needing more users with higher engagement, so they grow beyond their scope first and then shittify everything when they need to start making money (see reddit). A large reason sites have to be ad driven is that requiring users to sign up and pay for a site is a huge blocker for most people. So I feel like…

I'm not saying there aren't good use-cases for this. There absolutely are. What I'm saying is that this tool WILL be used well beyond those cases in ways that make the internet much worse than the ad and surveillance nonsense we currently have to deal with. As a thought experiment, consider a truly terrible group of smart and capable people. The kind of people who will exploit this new tool to extract and squeeze eve…

I can see the risk... yet it's only a risk, and we're already starting to see the tidal wave of SPAM that ever smarter neural networks allow.

(Also, thankfully, there are still corners of the Internet that haven't been plagued by either ads or spam - because not popular enough - and are likely to remain so.)

Re: What happened with the Web Monetization API?

#235

Earlier quoted context omitted.

This is literally the use case for cryptocurrencies -- digital cash, not investments. In the more... questionably legal parts of the web, Monero is pretty common since you can't use regular banking anyway. The fees are pretty low, at around USD0.001 IIRC. There's also Nano (feeless) but it doesn't seem to be very popular, unfortunately.

If you try to be feeless you become super vulnerable to spam: https://www.coindesk.com/tech/2021/03/11/nanos-network-flood... IIRC this spam attack cost the attacker only $5000 but rendered the network pretty much useless for hours

Nano's updated a few times since then, I don't think there were any other major spam attacks after that.

Re: What happened with the Web Monetization API?

#236
post #70
post #65

A paid web could eliminate the ad ecosystem and all its toxicity (surveillance technology, etc.) I don't see any solution that was based on customer goodwill ("that was cool, here's $1") as something that there is much demand for. What we need is a browser-mitigated micropayment ecosystem. Maybe browser vendors could come up with a standard where you can "charge up" your account like a prepaid phone card, and then wh…

> A paid web could eliminate the ad ecosystem and all its toxicity (surveillance technology, etc.) I don't know how anyone can still live under this delusion when we're currently seeing multiple paid streaming services putting ads on their paid plans that were advertised as ad-free. Corporations will never be happy with the profit they're making. If they can make you pay AND show you ads, they will.

The whole goal is to get rid of (middlemen) corporations and to start paying authors directly.

(Of course, unlike what OP suggests, this is probably hard to accomplish in a (variety of) browsers directly while Google and Chrome are still allowed to exist.)

Re: What happened with the Web Monetization API?

#237
post #34

What if money gets sent to websites that host hate speech?

Why do you care about the two degrees of separation ?

The people posting hate speech already get in legal trouble.

And the websites hosting that can eventually get in trouble too (if they can't show that they did due diligence / were sufficiently close to a "common carrier" status).

And if it gets bad enough (typically if these fist two categories violate a bunch of other laws), their funding might get investigated too. Money flows for that kind of use typically fairly easy to track, as long as law enforcement actually bothers to.

Re: What happened with the Web Monetization API?

#238

Earlier quoted context omitted.

What are you on about ? The spec/interface for developer does not have the handle the complexity of implementation browsers have to . Do you as the app developer deal with any of that integrating Stripe ? of course not, you yourself say it is just one line of JS for the app developer. If the API goes through, it will be a key stream of income for browser developers, They can then monetize their most important asset -…

The spec proposes to turn "browsers into wallets." They're not handling the complexity, they're just completely punting on it.

Yes they are shifting it to the platform.

Re: What happened with the Web Monetization API?

#239
post #223

Earlier quoted context omitted.

The ads are never going away. We tried the 'pay your way' system with things like netflix and prime video, and guess what's on the way? Now you get to pay for it AND see ads.

Netflix doesn't work as an analogy here, because as a subscriber you're not paying the filmmakers directly.

The point from the OP there is less who gets paid but that not running ads leaves money on the table so money oriented people will eventually notice that and run ads as well as collect money directly.

Though I’d say this is more of an issue for the Netflixes of the world that have to please investors.

Re: What happened with the Web Monetization API?

#240

Earlier quoted context omitted.

What are you on about ? The spec/interface for developer does not have the handle the complexity of implementation browsers have to . Do you as the app developer deal with any of that integrating Stripe ? of course not, you yourself say it is just one line of JS for the app developer. If the API goes through, it will be a key stream of income for browser developers, They can then monetize their most important asset -…

The spec proposes to turn "browsers into wallets." They're not handling the complexity, they're just completely punting on it.

That is the goal ? The spec's goal should be to keep it simple on the developer side and hiding/"punting" complexity to the platform/browser developer, is that not the sensible (and secure) way of doing this ?

Users would rather trust the browser to handle my money than each app developer ? We already do this with Apple and Google and other platform hosts. Both of them also build browsers, so it will not even be that difficult for either of them to build payment into the browser as they already have the complexity handled.

Microsoft probably has the stack as well if not at same scale, certainly at reasonable level given their consumer businesses collecting money directly from users.

Mozilla is the only one who will need to build it bottom up, however they have the most incentive to do it, given the revenue potential.

Post reply on HN