Quote:
Originally Posted by BleedingRed
To understand watch his videos. Hes a big believer in MicroTransactions his model could very well save News Media companies.
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On the subject of thread hijack (we were talking about thread hijack, weren't we?).
I've never understand why Google didn't push this.
They have everything that is needed to make it a succes.
They could have added micro payments as an option to YouTube videos.
If you make a high quality 15 minute or one hour video say, you could offer it to viewers for say $0.25 instead of the very tiny amount that the advertiser supported model does.
Google has the browser they could have added micropayments to. They even have the google wallet, although they would of course wanted to do some sort of open/public patent so that the PayPal's of the world would also be on board as another means of payment.
Google has also been somewhat rightly accused of driving primary news sources under with their search engine. But they could have a model where the search engine showed a synopsis, but you would have to make a micropayment to see the full article.
I mean, if I search on something, I'm not going to sign up for a monthly recurring fee on my credit card to read one story, but if I could click on a link and pay $0.10 to read something, sure...
So there would be usual the concerns with security and whatnot. So the browser could be set up so that links that cost money were a different color. If the link was above a certain amount (say $0.50), there would be a pop up requiring you to click okay, above a bigger amount you have to type in a password, after spending too much in 24 hours you have to type in a password to keep spending etc.
Never understand why this isn't a thing.