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Micropayments as a reality check for news sites

blog.zgp.org

121–130 of 408 posts

Re: Micropayments as a reality check for news sites

#121
I like the coins idea. I don't subscribe because I know I'll forget about it and it will turn into a recurring charge on my credit card. But I would buy $10 of coins, knowing the paywall just comes back if I don't buy more, and if I lose interest it won't keep costing me anything.

When I see the "$1 introductory offer" I just think they are trying to trick me.

Re: Micropayments as a reality check for news sites

#122
post #77

Earlier quoted context omitted.

There isn't so much hate, as it's fundamentally DoA based on the financial system architecture of the United States, which creates strict liability, and a licensing requirement for digital money transmission. You do not get to opt out of that responsibility . Micropayments are therefore a pipedream that undermines all progress at making any type of AML or KYC possible, which then in turn makes fighting any type of fi…

Please help me understand better, because it feels like part of the problem has already been solved. Specifically, I've been told that the independent journalists that I watch on YouTube Premium receive a portion of my subscription fee. Is that not a form of micropayments? The system seems to work well enough for videos. Isn't there some way to adapt that kind of system to other media?

The solution is called centralization by a middle man that takes a massive cut - eg YouTube Premium. Only Google makes real money off that, and the content creators rely on sponsors instead for their own revenue. So does it really work? I would despise a future where we solve micro transactions by giving up control to yet-another unnecessary body. Especially not even at the level of Visa or Mastercard, despite how much I dislike crypto.

Re: Micropayments as a reality check for news sites

#123

I pay for subscriptions, several, but I am never going to pay one publication a small fee every time I read an article. That model is completely counter-intuitive and punitive to the consumer. What I _would _do is pay a flat fee to subscribe to several publications. That's the only path: to give people more value than they expect for less money than they expect. It could be multi-tiered: the more publications you sub…

I think there's some digital equivalent of the old "pay 25 cents for a newspaper" model buried in the discussion somewhere.

If I had a quick, anonymous way to pay a site 5 cents to read an article, or a dollar to read all the articles I want for some time period, or something to that effect, I'd happily pay that from time to time. What I don't want is a million subscriptions I have to pay 3 or 4 dollars a month for, when I don't read any individual site often enough for that to make sense.

And I definitely don't want them to model the system after fucking video game transactions. The fact that the author mentions the buying it in game currency as something to base this on blew my mind.

Re: Micropayments as a reality check for news sites

#124
post #118
post #90

Earlier quoted context omitted.

Newspapers were already bundled that way: you got national news, local news, business news, sports, the funny pages, classifieds, wire stories from AP & Reuters, etc. Then they went onto the web and were forced to prioritize, but where the entire bundling idea falls apart is you’re suggesting that we bundle the bundles. Here’s the harsh reality: most news is already priced appropriately for the value that it delivers…

> then I’m not clicking the link and I’ll start demanding that citations to be delivered to me in a form I can read instead, and probably stop providing links in turn. I’m going to go out on a feedback shaped limb and say that demanding things like this from friends isn’t an appealing trait. If they are suggesting it to you, that’s not enough to justify 1/100th of a cent? Brother. Read what they send you or don’t, an…

Demanding your friends engage in a financial transaction with a third party is a different vibe. The reality of what would actually happen is this: if I can’t read it, I can’t read it. If I ask and they’re willing to provide it, then I’ll read it, and I would do the same with them.

But the truth is, that would grate on people, and not just with me and mine, but for everyone if we all had to engage in financial transactions to read the links that are shared with us or posted on the web. So people would just stop sharing links. I’d think twice before sending someone a link, and others would as well. We’d probably just swap to copying the whole article in another form and sharing that instead, but the extra steps would reduce the amount we would be willing to share over time cuz trading PDFs we have to generate ourselves is not as much fun as trading links.

Re: Micropayments as a reality check for news sites

#125

Earlier quoted context omitted.

There's a particular part in the discussion that rubs me the wrong way (which is more about micropayments as alternative to ads, rather than micropayments themselves) It tends to go something like, if not micropayments then ads, if not ads then subscriptions. And people dislike subscriptions more than ads, and ads more than micropayments so the conclusion is micropayments. But I don't like the way ads are presented a…

I don't think most people mind ads. Throw up an animated gif or a jpg banner that you serve from your domain. Nobody is blocking that. What people dislike are mountains of javascript that track everything you do across broad swathes of the internet and then sell that to businesses and governments that are effectively engaging in mass psychological experiments on us.

This is exactly my problem with ads. They've turned into a spying mechanism that eats my battery, bandwidth, and privacy. Not only do the ad platforms want to track me but then sell their data to an innumerate number of "partners". I have no control or influence over how any of the data is used. I also have no meaningful way to opt out.

Clicking a link on the web is not tacit permission to endlessly surveil me. Viewing a blog post is not informed consent to be tracked. Even a cookie banner isn't informed consent.

While I never enjoyed magazine or television ads I never minded them. Some were even useful and introduced me to a product I ended up wanting/needing. They also didn't track me all over the web. I don't mind ads, I do mind surveillance.

Re: Micropayments as a reality check for news sites

#126

Earlier quoted context omitted.

There's a particular part in the discussion that rubs me the wrong way (which is more about micropayments as alternative to ads, rather than micropayments themselves) It tends to go something like, if not micropayments then ads, if not ads then subscriptions. And people dislike subscriptions more than ads, and ads more than micropayments so the conclusion is micropayments. But I don't like the way ads are presented a…

I don't think most people mind ads. Throw up an animated gif or a jpg banner that you serve from your domain. Nobody is blocking that. What people dislike are mountains of javascript that track everything you do across broad swathes of the internet and then sell that to businesses and governments that are effectively engaging in mass psychological experiments on us.

Well, people legitimately hated banner ads and pop-ups. When I get linked to some small news publisher I'm often reading the article between these giant ads, sometimes I don't realize there's actually more content to an article because the ads take up so much space! I typically close those sites out and try to find what I'm looking for elsewhere.

Re: Micropayments as a reality check for news sites

#127

I pay for subscriptions, several, but I am never going to pay one publication a small fee every time I read an article. That model is completely counter-intuitive and punitive to the consumer. What I _would _do is pay a flat fee to subscribe to several publications. That's the only path: to give people more value than they expect for less money than they expect. It could be multi-tiered: the more publications you sub…

> What I _would _do is pay a flat fee to subscribe to several publications. Apple News+ is ~$13 https://www.apple.com/apple-news/ The list of publications included https://www.apple.com/apple-news/publications/

Yup, this is both the solution and the problem.

Apple News+ has tried this. If anyone could pull it off, it's Apple.

But the problem is, it's not comprehensive enough. The two major newspapers/magazines I read aren't on there, because they've got enough market power to require their own subscriptions. Meanwhile, this is similarly missing the long tail of a lot of links I follow that are paywalled.

And then of course there are the massive usability issues. If I see a link on HN to e.g. Forbes, and click it, I just get the paywall. Apple News+ doesn't work in the browser. I understand that sometimes it's possible to use Share... in the browser to send an article to Apple News+, but that seems to require knowing it's one of the included 300+ publications? Which nobody's going to memorize...

Re: Micropayments as a reality check for news sites

#128
post #3

Micropayments work for games because there is some specific outcome I know I want and know paying this money will move me closer to that goal in the immediate future. That isn't the case for news content. In news it's "reading this might be interesting" or being generous "knowing this might improve my life at some point". That delay in outcome will kill micropayments because it again goes from a very easy calculation…

Thank you for responding to the actual article rather than (like many others here) going straight to pre-cooked talking points on micropayments.

Re: Micropayments as a reality check for news sites

#129
post #90
post #65

There is a lot of hate for the idea of micropayments here, so I'd like to offer a counterpoint. I use a service that provides access to a bunch of different LLMs. Each time I call an LLM I, in effect, pay a $0.001 - $0.05 for the response. (Technically, this is implemented as me having to renew earlier.) Each time I make a call, I don't know if the answer will be useful. I don't even know how much it will cost! And i…

Newspapers were already bundled that way: you got national news, local news, business news, sports, the funny pages, classifieds, wire stories from AP & Reuters, etc. Then they went onto the web and were forced to prioritize, but where the entire bundling idea falls apart is you’re suggesting that we bundle the bundles. Here’s the harsh reality: most news is already priced appropriately for the value that it delivers…

Completely disagree that news is already priced appropriately for the value it delivers to people. I dont pay for the news I read because its not valued at $10 a month for me but I still do value it. For me $2 a month is what i value it but since they dont offer that as an option I cant pay. If you're to broke to click on a link because it might cost 0.0001 cent just say so. Maybe your friends can give you a cent so you can read news for the rest of your days.

Re: Micropayments as a reality check for news sites

#130
post #65

There is a lot of hate for the idea of micropayments here, so I'd like to offer a counterpoint. I use a service that provides access to a bunch of different LLMs. Each time I call an LLM I, in effect, pay a $0.001 - $0.05 for the response. (Technically, this is implemented as me having to renew earlier.) Each time I make a call, I don't know if the answer will be useful. I don't even know how much it will cost! And i…

Most people are not paying per call or paying anything. If the goal is to reduce half a million readers to a core group of thousands who will pay then this idea might work.
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