Archive of UserLand's first discussion group, started October 5, 1998.
Re: Voluntary payments easier to implement
Author: Dennis Peterson Posted: 8/3/2000; 9:18:14 PM Topic: Needlepoint Copying Msg #: 19454 (In response to 19426) Prev/Next: 19453 / 19455
One reason that true digital cash hasn't taken off is the difficulty of fraud protection. If I buy with a credit card, I can stop payment if I don't get the merchandise. But if I already have the pattern (song, Stephen King chapter...) and I'm just contributing after the fact, I don't have to worry about that.Since there's a chicken-and-egg problem with getting digital cash deployed, maybe voluntary payments will be the killer app that really kicks it off.
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