Comment Like '98 (Score 1) 146
Ah brings me back.. must have been somewhere between 1995 and 1998 - yes, back in the Netscape/mosaic days - a fellow student at the university tried to get us to invest in a firm making some kind of transaction token system for micropayments. It was before ads like we know them today. There were ads, and "spyware" (which now seems almost benign in how little they tracked, compared to what is default now), In the end, the solution to the "who should pay" problem that was later "solved" by getting everything for "free*" (* heavy tracking included).
Anyhow, regarding the new proposal. I don't really think it will be hacked. In the smalls, of course, but they are getting pretty good at security with "trusted platforms" embedded, so the user can no longer "trust" its own hardware.
No, my main issue is: It will be "sold" as a system to remove ads and tracking. But give it 2-4 years, and the ads and tracking will slowly start to creep back in. Maybe as "Lowest tier: Pay, but with ads". Or will just be "too difficult to stop tracking".