[FRIAM] More on micropayments

[Robert Holmes]

Good question and one that there doesn't seem to be a whole load of
consensus on. Wikipedia (fount of all knowledge) suggests that the
"traditional granularity" is one cent. And therein lies the problem: even
asking myself the question "is this worth one cent?" has used up more than
one cent's worth of my time (you can probably work out my day rate from that
:-)

Robert

On 5/23/07, Tom Johnson <tom at jtjohnson.com> wrote:
>
> 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
>
>
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