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The internet is broken because it is free

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The internet is broken because it is free

#1
Actually nothing in life is free

Everything in life is constraint bounded including time and attention and computer capacity. When you have free email, you get spam. When you have free video uploads, you get low quality advertising funded content, when you have free search, you get SEO blogspam.

Microtransactions for everything would fix the internet. It should cost a small amount of money to send an email. It should cost a small amount to use a search engine or upload a video.

Advertising is a racket and it distorts incentives without actually producing much if anything in the way of economic good.

An effective search engine that has advertising as its revenue model is an oxymoron.

Re: The internet is broken because it is free

#2
Interesting idea. Here are a few questions that immediately come to mind for me personally:

- Would forcing micro-transactions also force law abiding people to provide a real ID for all transactions?

- Would criminals be able to use existing methods of stolen and fraudulent funds and identification for these transactions? If not, how do you keep them from gaming this system?

- Would large corporations be able to afford these micro-transactions and if so to what volume? e.g. Fox News or CNN buying up a few million transactions per day on Twitter. Or put another way, would these transactions give large corporations a more dominate control over public opinion?

- Would poor people and impoverished nations be able to participate in the internet and if so, how?

- If I want to run my own forums and chat servers would I be obligated to charge these micro-transactions? i.e. Is this legislated?

Re: The internet is broken because it is free

#4
Once basic access and activities are tied to money, there are more transactions and audit trails. How do you envision keeping privacy?

Also, right now, we have problems, but do get both types of free (beer and speech). I'm afraid we'd lose both once finances are attached to basic activities.

Re: The internet is broken because it is free

#5

Interesting idea. Here are a few questions that immediately come to mind for me personally: - Would forcing micro-transactions also force law abiding people to provide a real ID for all transactions? - Would criminals be able to use existing methods of stolen and fraudulent funds and identification for these transactions? If not, how do you keep them from gaming this system? - Would large corporations be able to affo…

-maybe. Depends on the transaction. The currency could be up to the trading parties. Some may be effectively anonymous.

-criminals use the free internet now and use the free real world too. Crime is crime regardless whether it costs money to engage in or not. If gasoline was free do you think crimes would increase or decrease? I'd say probably increase.

-sure large corporations would be able to afford a large number of micro transactions but it seems that is better for society than a bunch of manipulative or irrelevant ads and user tracking.

-no

-poor people would still exist just like they do now. Watching the latest meme video is not a human right. Almost everywhere on earth internet service costs money. I don't see how it is different for content to also cost money.

-no you would not be required to charge for forums but it would be kind of stupid for you not to if most other people were doing it. Just like it would be stupid for restaurants to give away free food. Creating content takes time. Time equals money. Right now the surplus goes to mega advertising racketeers like facebook or google. I would rather see the returns to content creation go more to the creators or moderators.

Re: The internet is broken because it is free

#6
I completely agree. I also believe strongly that this will be the natural progression to which the internet will evolve.

The capacity for processing microtransactions exists now. And the ever growing discussion around privacy, and profit driven attention trap platforms has added pressure to find a better solution.

What would it look like? Because I don't see the current platforms every adopting microtransactions.

Re: The internet is broken because it is free

#7
I agree with advertising being a racket but the internet used to work just fine before the likes of Google, Facebook and payments for access to things etc.

For those of us old enough to remember, there was a time when people created things for fun on the internet. It cost pennies (relatively speaking) to do it, and it still does, and there was no worry that we were being exploited in the process. And there was no expectation that when I visited your web page about the electronics behind purple Beany Babies that you were trying to monetize and data mine the shit out of me.

Plus, the website owners didn't give a shit if they knew who I was or not: if they really cared (and I really cared) I could sign the guestbook.

Some of them eve had ads. Nothing wrong with a banner ad that relates to the content. Nothing at all. But that's not enough. The ad companies want to run javascript to figure out every single data point that they can about me and everything on my home network.

It's not my job to validate a company's business model on the internet. If they need ads or microtransactions to survive and all ads are blocked and no one pays for their content, then they die. End of!

No, I do not want that kind of internet. We used to have a perfectly functional internet without mega-corps wanting to fuck me over constantly. We used to have a perfectly functional internet without SEO spam. We used to have a perfectly functional internet without constant monitoring and having to prove who I was etc.

We can have it again too if we really want it.

Re: The internet is broken because it is free

#8

Once basic access and activities are tied to money, there are more transactions and audit trails. How do you envision keeping privacy? Also, right now, we have problems, but do get both types of free (beer and speech). I'm afraid we'd lose both once finances are attached to basic activities.

As it is there is no effective privacy online without resorting to tor or vpn and even that is not 100% certain.

If people were invisible in real life do you think shoplifting and violent crimes would increase or decrease? Sometimes too much privacy is a bad thing.

Maybe laws that limited the radius online tracking in space and time would be effective at balancing privacy desires with transaction logging.

Re: The internet is broken because it is free

#10
Advertising is a result of capital markets applied to search. That's why, as a consumer, you can't buy and use a search engine directly, unless you are a developer with a lot of extra time on your hands.

Without search, nothing can be found. With it, we still have to crawl things, somehow. Maybe with AI? :)

As for microtransactions, we technically have a way to pay with Bitcoin using Lightning and 402 responses: https://github.com/lightninglabs/aperture

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