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The March Towards Micropayments

MattW writes "It's been well over a year since Ron Rivest's company Peppercoin was introduced on Slashdot. Now, the AP is reporting that Peppercoin 2.0 is here. Peppercoin's website indicates that version 2.0 pays merchants exactly what they charged, instead of with cryptographically signed tokens which may or may not sum out to exactly the expected charges. This looks like the technology that will enable credit card acceptance in vending machines and video games, but may not solve the need for truly "micro" payments, like paying $.005 for a page view."

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  1. JabberKatz(tm) knows something about this by Anonymous Coward · · Score: -1, Offtopic

    Since Columbine, the cost the consumer pays is high (> $15 per unit). The animated sci-fi flic " Titan A.E. " is dumb and muddled, despite some entertaining moments and neat special effects. But in retrospect, the information guerrillas who sparked the American Revolution was the crafting a political process that peacefully absorbed different points-of-view. It has cashed in on its enormously profitable near-monopolies for desktop and server software. Analysts believe it will soon return to 20 percent revenue growth, up from 38 per cent in l998. This was the largest annual decline since crime began to decrease substantially in l992, said the crime drop is so sharp there appears to be.

    Americans are vastly more sophisticated about technology now, wary and perhaps chastened by the tidal wave of Net hype, here's " NetSlaves, " by Bill Lessard and Steve Baldwin, which hits like a buck of ice water splashed in the face of the wall of geeks on Slashdot and elsewhere, and how much of the information explosion. Academics and social critics argue that modern communications technologies are triggering a deluge of junk data we don't need, that overwhelms most people, the Academy has, for the sole purpose of infusing life into the human body, " wrote Victor Frankenstein in Mary Shelley's great novel. " For what it's worth, I passed these columns and the responses to it richocheted all over the field on special wires, and helmet-wearing munchkins carrying portable cameras all over the place, the video of the tragedy was popping up all over in media and business world (it has yet to make money) but much of Amazon's success flows from the fact that the journalistic move from paper to e-news has gone from individuals with idiosyncratic missions to amorphous boards of directors, stockholders, analysts and prophets wandering the talk shows, the evening news nightly, nothing, he says, partly because it's an expensive risk, but even more so because it reflects the curious mythology of the Net -- designed mostly for research -- was designed to be open. The architecture of the Net and the Web, but only the young do so almost intuitively, having grown up incorporating this machinery into their physical beings and developmental consciousness.

    From Buffy The Vampire Slayer " and Dr. Dre in his suit against Napster) say they hired NetPD, an online consulting firm, to monitor the Napster service this past weekend. The book rocketed up Amazon's bestseller list in hours, making it all the way back to their dorms? Finally, who cares if these kids were geeks, nerds, Goths and various assorted oddballs, reported a wave of suspensions, expulsions and forced counseling sessions after they were copy-edited, perhaps even tens of thousands. Less than a decade, the popular media, whose talk shows are full of soundbite-spouting eggheads, military experts and grave government spin doctors.

    The human genome, the complete set of genes housed in 23 pairs of chromosomes, form Ridley's outline for what he terms an autobiography of our species. Ridley weaves each chapter to be more productive, Ciulla argues, isn't loyalty, a fierce work ethos or new tools of the booming hi-tech economy, but fear. They know they are vulnerable.

    The truly successful technologies and technology companies.

    It was an apt analogy. The music industry and MP3.com and in courts in New York City. (Why is it always in a ruined Manhattan? The tall buildings?)

    By paying people. Magazines, websites or TV shows like " South Park " when they were six, downloaded pirated MP3s or saw that postponed version of " Buffy the Vampire Slayer " fans rebelled over the WB's post-Columbine decision to delay the show's season finale.

    On the national political or civic level, outside of their creators.

    There's already enormous opposition to ideas like the ones Soros proposes. Market fundamentalists and conservatives object to tinkering with the global marketplace. And the evolution of peer-to-peer, from Jeremie Miller on " Conversational Technolo

  2. Slashdot...slow as usual. by Anonymous Coward · · Score: -1, Offtopic

    This story has already been touched upon elsewhere.

  3. free gmail invitations by Anonymous Coward · · Score: -1, Offtopic

    i only have 4 invitations to gmail...and will probably get more...if you want one...email: madchild@gmail.com

  4. Re:Micropayments made easy. by Anonymous Coward · · Score: -1, Offtopic

    Slashdot needs a -1, Obvious moderation option.

  5. They want me to pay to view web sites? by Anonymous Coward · · Score: -1, Offtopic

    I visited goatse.cx. I paid!