[FRIAM] More on micropayments

[Tom Johnson]

But how small does it have to be to be "micro"?

I've bought stuff for less than $1 online, in fact I just did so today.
Yeah, it's not fractions of a cent, but a helluvalot cheaper than a gallon
of gas (which, I'm told, is about $8 in the UK.  Stop your whining,
gringos).

-T

On 5/23/07, Robert Holmes <robert at holmesacosta.com> wrote:
>
> Following on from our discussion this lunchtime on micropayments, here's
> an O'Reilly article from 2000:
> http://www.openp2p.com/pub/a/p2p/2000/12/19/micropayments.html
>
> Seems to me it makes a good case against micropayments. Given that seven
> years on they're not exactly common (when I Google them the top hit is for a
> micropayment company called Sepomo - who?), I'd suggest that the article's
> case holds up quite well.
>
> Robert
>
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-- 
==========================================
J. T. Johnson
Institute for Analytic Journalism -- Santa Fe, NM USA
www.analyticjournalism.com
505.577.6482(c)                                 505.473.9646(h)
http://www.jtjohnson.com                 tom at jtjohnson.us

"You never change things by fighting the existing reality.
To change something, build a new model that makes the
existing model obsolete."
                                                   -- Buckminster Fuller
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