writes "Cringely's latest column asserts that PayPal is now sufficiently dominant that it is pretty well certain to achieve de facto standard for micropayments over the net. Goes into the history of PayPal and why their model works where no one else's has. Even if you don't agree with him, there's some good insights into digital currency infrastructure to be found here."
I now use paypal to pay my girlfriend back when she picks up dinner and my roommate pays his share of the rent using PayPal
. Its great... although with the $5 they pay in referrals, plus the $5 they pay to new users, ya gotta wonder ... (if anyone wants to use me as their referral, thats cool *grin*). its actually making the Tipping Jar concept practically feasible. I mean, can I tip artists a few bucks when I enjoy their MP3? Can I tip a few bucks when I enjoy reading someone's website? The potential to change a lot of things is within reach.