this post was submitted on 23 Feb 2024
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Thank you. In an age where every single company is trying to wring $5-10/month out of you, sorry, I don't have the budget to subscribe to 10 different news wires. Now if we had a system of 25-50 cents an article, maybe even $1, that would be an entirety different story. I don't give two shits about sports analysis, what's happening on Broadway in NYC, or celebrity gossip. I read my news a la carte. The only exception is my town's weekly local newspaper, which I buy for $1 at the hardware store.
Chrome is looking into adding a website payment system, where you could have a refillable "tip jar", and when you visit websites with paywalls they could pop up with the cost for that specific article. Hit yes, it deducts that from your tip jar, and you read the article.
There are some similarities to a system that Brave browser already uses, except you generally earn money for brave's version by allowing the browser to show you ads (although I'm pretty sure you can buy the credits directly too). Either way, the internet is moving towards needing to pay for content, and trying to find more convenient ways for users to do that.
LOL ‘crypto’
They just snuck that turd in there lol
I'm extremely skeptical of crypto but micro payments and donations seem like one of the most plausible applications for it since the infrastructure can be operated for basically free to receive money and there isn't a large corporation taking a cut of every transaction unlike credit cards
Which crypto network are you talking about that can be operated for free? PoW is expensive and wasteful, and PoS is pretty much back to a regular database again.
At the end of the day here, this is a simple transaction ledger that doesn’t need to be turned into crypto, it just needs a party interested in moving the money around in these micropayments with minimal fees.
Exactly! Back in the day, you had two options: (1) subscribe or (2) buy a single magazine or newspaper. Now, there's no equivalent to the newsstand for digital media.
Or (3) go to the library and read it for free.
Does such a system exist, and how do you implement it without a third party login system?
I think you can charge per article on substack. Not entirely sure though.
Some newspaper charge X$ for Y articles, I think the NYTimes do it or used to. It’s usually a horrible deal compared to monthly subscription, but I think that’s the point.
I mentioned this in another comment, but Chrome browser is currently working on it's own implementation of this. It has a high chance of becoming the new standard with Chrome's marketshare, unless there's strong pushback against it (if Google made it a privacy nightmare or something like that).
Brave browser has a version of this already, powered by crypto. Websites need to opt into it before they can earn money from users though, and it's usually just used to replace revenue from brave blocking the websites ads.
Companies were doing that with NFTs (which is what you’re describing) but now nobody want to touch an NFT so those companies definitely went bust.
The best case will be companies who can hide the crypto behind the product, like “give us 5$ and we’ll give you 5 read-a-tokens which is totally not crypto btw”. Or wait a couple of years for crypto to come back in vogue.
You're a genius! I would stop removing paywalls if something like this existed.