undefined | Better HN

0 pointsprepend6y ago0 comments

Me too, and I’m sure so would Brave. But it’s not really possible with dollars.

Flattr tried it a while back where you could set aside 5 euro per month, or whatever, and they would distribute it to the stuff you liked the most. But the transaction fees were high for them and it was hard to do super small payouts.

This is a crypto case that makes sense. I’m not quite sure how they will keep an exchange rate with the dollar as the only thing you can buy with it is cash to content. So you can buy BAT from Brave.

0 comments

npo96y ago

The transaction fee hits two places. Once when money goes into the system and once when money goes out. If I spend $5/month and split it 50 ways there is no reason to pay a transaction fee on each 5cent transfer because it’s within the system.

Twitch’s bits are a great example of this system.

yabadabadoes6y ago

I think the point was a low participation system relative to the web as a whole has meant systems where many bloggers accumulatad less than a withdraw transaction fee each. Aside from that, they need all the bother of registration.

I'm not really sure how I feel about the idea that everyone should be accumulating money on all these things. It kind of devalues things to have people trying to make a lot from micropayments mixed with a more hobby web. I think I've eventually turned away from everything that had some get rich quick schemers show up.

radicalbyte6y ago

Why not? How do the ad buyers buy the ads which Brave are selling you?

So yeah, all they have to do is to peg their currency to the dollar and it makes the whole discussion trivial. You get your content, content creators get paid, Brave get paid.

j / k navigate · click thread line to collapse