Comment Re:Ads are good for the internet. (Score 1) 418
I haven't seen anything in the last 14 years to make me doubt any assertions in this article, which gives MANY reasons that micropayments won't work. Here's just one short section, but it's one of the key points.
micropayments create a double-standard. One cannot tell users that they need to place a monetary value on something while also suggesting that the fee charged is functionally zero. This creates confusion - if the message to the user is that paying a penny for something makes it effectively free, then why isn't it actually free? Alternatively, if the user is being forced to assent to a debit, how can they behave as if they are not spending money?... Users will be persistently puzzled over the conflicting messages of "This is worth so much you have to decide whether to buy it or not" and "This is worth so little that it has virtually no cost to you."
http://www.openp2p.com/pub/a/p2p/2000/12/19/micropayments.html