zondag 12 oktober 2003

Misunderstanding Micropayments

"The following is a response to Clay Shirky's new article Fame versus Fortune (a follow-up to his 2000 essay The Case Against Micropayments) which takes aim at the 9-week-old BitPass payment system. I'm a long-time advocate of micropayments, an advisor to BitPass, and my online comic The Right Number is mentioned in his first paragraph, so I'm hardly a disinterested party. Still, I hope my arguments will help illuminate why I think that Shirky's logic is flawed, and why his caricature of the idea of micropayments bears little resemblance to the reality being created right now."

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