this post was submitted on 05 Jun 2023
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Technology
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I feel like that's where online payment systems really let us down. If there was an easy universal way to pay a few cents to view content and it wasn't a privacy and fee nightmare, I'm sure people would have no problem doing that. Digicash systems come to mind, I hope they could make a comeback one day.
But I also fear a lot of the damage could've been done already, kids who grow up with the internet now will probably only remember big tech platforms and may not be very eager to try out something more complicated.
I like your suggestion with easily payable small amounts. Because the way payment currently works is just not scale-able on an individual level. Sure, $20 per month for a technical news site would be worth it ... if that was the only news site you are consuming. But it isn't. I consume multiple tech news, local news, etc. I can't get back my full worth of spent money per site, because my time is split between multiple sites; and my time is finite.
I also can't just say "well, this month I consume only site A, next only site B, etc.", because that defeats how "news" work. In the end I skim headlines (or even sometimes content) and THEN it shows what is actually of interest and where I stay longer/dig deeper/actually read full.
In a perfect world we probably could have a "tip jar" at the end of every article that people throw in digital cash when the article was worth it. Unfortunately too many people would abuse it and simply not pay at all, so authors will have to ask for payment upfront ... but then I pay for something which I don't even know will be good. Maybe after seeing the full article (not yet reading it in detail) I realize it's not the kind of content I hoped for.
That thing was indeed easier with print media. You go to the store, flick through the magazine/paper and if you like it you pay for it and go read it.