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X begins charging new users $1 a year in New Zealand, Philippines

bbc.co.uk

41–50 of 95 posts

Re: X begins charging new users $1 a year in New Zealand, Philippines

#41
post #22

Earlier quoted context omitted.

However, the rate-limiting factor might not be the cost, but the availability of unique credit card details.

You can buy pre-paid Visa and Mastercard debit cards from many retailers. Availability of cards isn't going to be an issue.

Can you automate that though? Having to buy an individual card per bot could be a pretty annoying secondary cost for a thing whose lifetime value is likely measured in the single digits of dollars.

Re: X begins charging new users $1 a year in New Zealand, Philippines

#42
post #22

Earlier quoted context omitted.

However, the rate-limiting factor might not be the cost, but the availability of unique credit card details.

You can buy pre-paid Visa and Mastercard debit cards from many retailers. Availability of cards isn't going to be an issue.

That's not very scalable.

Re: X begins charging new users $1 a year in New Zealand, Philippines

#43

This has nothing to do with bots. It's all about getting everyone to provide their credit card details for future revenue streams eg. micro-transactions. And also to give them a competitive advantage in the ad space e.g. allowing companies to target you based on your real life identity.

Indeed. X could raise the funds by using anonymous payment methods, but we all know it won't use those.

Re: X begins charging new users $1 a year in New Zealand, Philippines

#44
post #25
post #16

Earlier quoted context omitted.

It’s not the $1, it’s the identity linked to the charge. So now they can be blocked as well as traced back to the funding account. I once was in a charity sponsored therapy group and they had a $10 fee. I was annoyed as this was a pretty wealthy organization and the fee seemed discriminatory, or at least a hassle. I learned that it was just there to validate each participant. So I think this is just a filter to help…

Hope the bots don't discover stolen credit cards

Stolen credit cards generally cost enough per number that getting one Twitter bot out of each is not going to be economically viable. Not to mention the fact that if the $1 is charged back, Twitter will know about it.

Re: X begins charging new users $1 a year in New Zealand, Philippines

#45
post #29

I don't believe this will work out well. Many bots will come, as long as they make a >$1/year profit, which I believe most of them do.

I think you need millions of bots and the marginal return on spammers may be thousands of a cent. So even $1/year may be too much for botnets. Imagine a botnot and if each node cost the operator $1. The economics require near zero marginal costs to ddos or spam or whatever. It seems to cost $10-20 to buy 1,000 followers [0] so I expect lots of those accounts get turned over frequently. It will be interesting to see i…

There are a ton of blue check bots right now and that is more that $1/year.

It might eliminate some of the like bots and other noise, but might also make the blue check bot network cheaper to run.

Re: X begins charging new users $1 a year in New Zealand, Philippines

#46
post #16

Earlier quoted context omitted.

It’s not the $1, it’s the identity linked to the charge. So now they can be blocked as well as traced back to the funding account. I once was in a charity sponsored therapy group and they had a $10 fee. I was annoyed as this was a pretty wealthy organization and the fee seemed discriminatory, or at least a hassle. I learned that it was just there to validate each participant. So I think this is just a filter to help…

The backlash is funny. USPS does the same thing for mail forwarding to verify identity and legitimacy. It’s not like this is some crazy money-making idea from Elon.

> It’s not like this is some crazy money-making idea from Elon.

It's going to give him real name, street address, and zip/postal code for these users; for a company that makes most of its money off ads, that's absolutely money-making.

Re: X begins charging new users $1 a year in New Zealand, Philippines

#47

Earlier quoted context omitted.

You can buy pre-paid Visa and Mastercard debit cards from many retailers. Availability of cards isn't going to be an issue.

It's trivial to prevent this category of card from being accepted. Many similar services already block pre-paid cards.

Google Adwords already does this, for example.

THere was a period where spammers would run up high charges on prepaid cards and (of course) not actually pay for the ads.

Re: X begins charging new users $1 a year in New Zealand, Philippines

#48
post #16

Earlier quoted context omitted.

It’s not the $1, it’s the identity linked to the charge. So now they can be blocked as well as traced back to the funding account. I once was in a charity sponsored therapy group and they had a $10 fee. I was annoyed as this was a pretty wealthy organization and the fee seemed discriminatory, or at least a hassle. I learned that it was just there to validate each participant. So I think this is just a filter to help…

Plenty of bots are paying the 5$ verified account It's a non-issue And of course a lot of them have the same X logo or Elon's picture, because His Xcellence probably fired the thinking heads dealing with spam

You need to follow up the payment barrier with identifying bots and the info (cc+contact) they used to verify their identity.

Re: X begins charging new users $1 a year in New Zealand, Philippines

#49
post #22

Earlier quoted context omitted.

However, the rate-limiting factor might not be the cost, but the availability of unique credit card details.

You can buy pre-paid Visa and Mastercard debit cards from many retailers. Availability of cards isn't going to be an issue.

And payment processors can also identify these. And most of them you have to purchase with a minimum amount on ($10 or $20 afaik).

Virtual debit cards however are interesting. My bank lets me set up as many of those as I like and I don't even have to use my real name or billing address with them.

And yeah, there's also the stolen credit card / debit card market. I really can't see this adding that much pain for these bot handlers. It might make it a bit easier to identify the patterns at least.

I think this will just end up moving the problem further down the line and end up with twitter accounts being bought / sold.

Re: X begins charging new users $1 a year in New Zealand, Philippines

#50
post #16

Earlier quoted context omitted.

It’s not the $1, it’s the identity linked to the charge. So now they can be blocked as well as traced back to the funding account. I once was in a charity sponsored therapy group and they had a $10 fee. I was annoyed as this was a pretty wealthy organization and the fee seemed discriminatory, or at least a hassle. I learned that it was just there to validate each participant. So I think this is just a filter to help…

The backlash is funny. USPS does the same thing for mail forwarding to verify identity and legitimacy. It’s not like this is some crazy money-making idea from Elon.

I remember having to send a euro for a service (can't remember which, only that I was building my rack at the time, but it might have been for a car pooling service), but it was immediately reimbursed upon reception from the service provider.
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