Live data from Hacker News

Hate paywalls? 12ft.io is the answer

robinwinslow.uk

41–50 of 147 posts

Re: Hate paywalls? 12ft.io is the answer

#41
post #28

> Paywalls offend me. The Internet exists to share knowledge with everyone across the world. You shouldn’t need a subscription, all you should need is an internet connection to access the world’s knowledge. That is some Grade-A willful ignorance. Professional writers who perform their due diligence get paid. Professional photographers who travel and document important causes get paid. Editors who ensure accuracy and…

Piracy is a usability problem. People want to read one article, not subscribe for a year. This is just like pirating one song instead of buying the album.

Piracy is a business problem. They'd happily sell you one article a year if you're willing to pay more to offset the lack of a predictable revenue stream. Feast or famine tends to be a big problem for sustainability though, and it's one reason companies like Adobe moved Photoshop to a subscription model.

Re: Hate paywalls? 12ft.io is the answer

#43
I would happily pay for well researched information and that is not on a website overencumbered with advertisements. And has a useable blog like experience.

Is this the collective action problem? We cannot have nice news websites due to the profit from subscriptions is too low to afford business so they add adverts everywhere.

I think microtransactions could work. But people need to be willing to pay and people aren't willing to pay the same as me. I don't want to subscribe to one newspaper I want a mixture of information available.

Re: Hate paywalls? 12ft.io is the answer

#44

I’m still waiting for micro transactions. I won’t pay $5 a month for a newspaper I might read one article from but I would gladly pay 25 cents for that one good article. How are there still minimum amounts and fees on transactions when everything is supposedly digitized and networked?

This is probably a use-case for crypto currency I could actually support... except the gas fees make it worse than the MC/Visa rails

Does proof of stake take care of this scalability issue? There are POS based coins. I'm curious why they haven't entertained this use case yet.

Re: Hate paywalls? 12ft.io is the answer

#45
post #37

I’m still waiting for micro transactions. I won’t pay $5 a month for a newspaper I might read one article from but I would gladly pay 25 cents for that one good article. How are there still minimum amounts and fees on transactions when everything is supposedly digitized and networked?

I think it is an inditement of the crypto space that this obvious use case never materialized.

Yet…

Re: Hate paywalls? 12ft.io is the answer

#46
post #37

I’m still waiting for micro transactions. I won’t pay $5 a month for a newspaper I might read one article from but I would gladly pay 25 cents for that one good article. How are there still minimum amounts and fees on transactions when everything is supposedly digitized and networked?

I think it is an inditement of the crypto space that this obvious use case never materialized.

I point the finger directly at regulations.

Who has the time to track lightning transactions for IRS capital gains reporting.

Hopefully we see a bill where small amounts aren't taxed.

Re: Hate paywalls? 12ft.io is the answer

#47

I’m still waiting for micro transactions. I won’t pay $5 a month for a newspaper I might read one article from but I would gladly pay 25 cents for that one good article. How are there still minimum amounts and fees on transactions when everything is supposedly digitized and networked?

This is probably a use-case for crypto currency I could actually support... except the gas fees make it worse than the MC/Visa rails

It wouldn’t even need crypto, you just need a company with a ledger that has some big partners in news and entertainment. Apple could do it with their existing Apple Pay system. It makes me think the real difficulty might be regulatory.

Re: Hate paywalls? 12ft.io is the answer

#48
post #28

> Paywalls offend me. The Internet exists to share knowledge with everyone across the world. You shouldn’t need a subscription, all you should need is an internet connection to access the world’s knowledge. That is some Grade-A willful ignorance. Professional writers who perform their due diligence get paid. Professional photographers who travel and document important causes get paid. Editors who ensure accuracy and…

Piracy is a usability problem. People want to read one article, not subscribe for a year. This is just like pirating one song instead of buying the album.

And that is why Spotify exists and has been successful.

Maybe is worth to try something different than digitalizing paper press and make people pay yearly subscriptions for one publication.

Re: Hate paywalls? 12ft.io is the answer

#50
post #44

Earlier quoted context omitted.

This is probably a use-case for crypto currency I could actually support... except the gas fees make it worse than the MC/Visa rails

Does proof of stake take care of this scalability issue? There are POS based coins. I'm curious why they haven't entertained this use case yet.

Transaction fees are a market-based mechanism to allocate a scarce resource (limited amount of block space on a given block chain). Moving from POW to POS will not reduce transaction fees in any appreciable amount, instead the fees previously paid to miners will instead be paid to stakeholders.
Post reply on HN