MicroPaymentsOnBlockChains

ThoughtStorms Wiki

At the beginning of the 2000s I was strongly against MicroPayments.

But over time, we've seen CommonsBasedPeerProduction / TheAgeOfAmateurs "free" internet enclosed by and dominated by advertising funded SocialMedia who are now the source of many problems. TheProblemWithFacebook

So is it time to return to various kinds of content payment / micropayment scheme?

Increasingly some journalists I like are turning to SubStack and NewsLetters over email to sell subscriptions to their own work. Patreon seems to be succeeding to support many YouTubers. But these people need to be very successful and have a lot of attention to also make patronage work for them.

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I'm just realizing something truly horrendous. After flooding the internet with fake news / junk disinformation, while destroying the media and social cohesion. This decade is going to be all about social media offering gatekeepers and curation of truth ... only to those who pay. https://t.co/O8x6Mef4Lr
— phil jones (he/him - ele) @interstar@artoot.xyz (@interstar) June 3, 2021

Is it time for an economy based on micropayments for everyone? (This is something JaronLanier has advocated forever. (MonetiseTheWeb))

IOTA is a distributed ledger (strictly speaking not a BlockChain but a Tangle (directed acyclic graph).

WebThreePointZero is now being hyped as this.

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