nice article from 2000:
http://www.openp2p.com/pub/a/p2p/2000/12/19/micropayments.html
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editorial note: this is a nice article but i believe something like micropayments will eventually come and be a huge benefit to independent writers on the internet.. still waiting for it to be done properly though.
http://www.openp2p.com/pub/a/p2p/2000/12/19/micropayments.html
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Micropayments are back, at least in theory, thanks to P2P. Micropayments are an idea with a long history and a disputed definition - as the W3C micropayment working group puts it, " ... there is no clear definition of a 'Web micropayment' that encompasses all systems," but in its broadest definition, the word micropayment refers to "low-value electronic financial transactions."
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Micropayment systems have not failed because of poor implementation; they have failed because they are a bad idea. Furthermore, since their weakness is systemic, they will continue to fail in the future.
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editorial note: this is a nice article but i believe something like micropayments will eventually come and be a huge benefit to independent writers on the internet.. still waiting for it to be done properly though.
