and Clay Shirky
are trading ideas on Micropayemnts
user-pays schemes can't simply be restored through minor tinkering with payment systems, because they don't address the cause of that change -- a huge increase the power and reach of the individual creator..
micropayments, well, BitPass
are here to stay this time.
As a content producer
I like the idea, but as a content consumer
I'm just not sure yet.
If mefi went Micro, would you pay?
Bitpass.com: A micropayment service for content providers.
Many many worthy sites have been lost because they could not afford to continue, even though users would have been happy to pay for their service
. Unfortunately, a system has not been in place to service the small transactions (paying fifty cents for a ten cent transaction is the opposite of making money). Enter Bitpass. Facilitating transactions as little as one cent, maybe online artists, cartoonists, pundits, humorists, etc, can start making money.