Monday, April 30, 2007

Shirky gets edge on McCloud as Micropayments seem to fail

Clay Shirky is a thoughtul writer. On micropayments, I usually disagree with Shirky. The recen move by Scott McCloud to give away a book he had been selling only via micropayments bodes poorly for micropayments.


BitPass will fail, as FirstVirtual, Cybercoin, Millicent, Digicash, Internet Dollar, Pay2See, and many others have in the decade since Digital Silk Road, the paper that helped launch interest in micropayments. These systems didn’t fail because of poor implementation; they failed because the trend towards freely offered content is an epochal change, to which micropayments are a pointless response.

Source: many.corante.com

Tags: McCloud | enterprise | bitpass | comic | called | Stuff | money

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