Saturday, 4 April 2020

Bitcoin use case: HUGE OPPORTUNITY for webdev. Micropayments

The web has become increasingly walled off in the last couple years.

Googling almost anything leads to websites that beg you for your identity and/or subscription. News sites are especially guilty of this model, and you can't really blame them. Journalism needs to be funded by users.

Problem

Web content providers have to resort to ugly tactics to fund their work (blocking content, intrusive data mining)

Solution

Bitcoin micropayments settled on the lightning network.

Most of us read news articles all day long. I wouldn't mind paying a couple cents to fund someone's independent research they do and share with others. I might spend 50 cents a day to read great content anywhere I click.

This isn't possible with VISA/MC currently, swipe fees are too high. LN micropayments can provide a solution here, this could be the first widely adopted use case for Bitcoin.

Solution already exists

https://yalls.org/ has been around for a while, I'm sure there are other similar payment models.

I'm shocked that this isn't more widely adopted by major news sites. Nytimes, wsj, cnn ect.

Make money

I am not a good web developer, 95% of web developers are better than me.

Any web developer out there who wants a great business idea, hook up with a major news organization and implement a simple, quick and easy QR-to-unlock-article payment system. We could point our phones at a website and give them a penny for their thoughts (or a couple pennies)

I'm sure the Bitcoin community would show their love to any content provider that implements.

submitted by /u/macadamian
[link] [comments]

No comments:

Post a Comment