The root of all evil is that we don't have a functioning micro transaction network and we don't know how to build one.

For the user there is no way to pay the 0.0000001c that it takes to load a web page, for the web master there is no way to get paid the $10,000 it takes to serve the users. So we settled on advertising which can somewhat cover those costs since each individual add is basically worthless but an add campaign isn't.

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anjel 17 hours ago | parent | next [-]

AI fixed that by calling it a token...

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landgenoot 18 hours ago | parent | prev [-]

The lightning network supports transactions starting from 1 Satoshi.

One Satoshi is currently worth $0.000713.

	▲	guiambros 17 hours ago \| parent \| next [-]
		And how do you actually identify who should pay that $0.000713? And who should receive it? How do you make the process effortless, so the user doesn't have to spend 5 minutes registering on a website, just to send $0.000713? Now make it work 10,000 times per day, for every page you visit, posts, news, short form content you scroll, long form video you watch. And multiply this by billions of users. And once you've done that, how do you deal with spam, bots? How do you prevent invalid traffic? Fraudulent chargebacks? And how do you take quality into consideration (NYT prob want to charge more than my crappy personal blog)? Transferring money is one small element of large and complex equation. Advertising is not perfect, but it's the best alternative for a free and open web I have seen in my 30+ years online. Subscription works for large ticket items (and for the affluent minority), but it doesn't solve the other 95% of cases.
	▲	noosphr 17 hours ago \| parent \| prev [-]
		So what's the transaction fees to make 1e9 one satoshi payments and how long until they clear?