So far we don't have any good models of sustainable businesses that don't have ongoing revenue streams. There are going to be some great discussions on the Micropayments Vs. P2P topic at the Future of Money Summit (www.futureofmoneysummit.com) when Dr. Ron Rivest of MIT, Kurt Huang of BitPass, Todd Pearson of PayPal, and Margaret Reid of Visa tackle this topic.
The success of micropayments will not be determined by whether of not people like to get things for free. Its success will depend on finding an entrypoint where successful entrepreneurs start getting rich using micropayments. The partcular verticle niche that launches the micropayment industry will not be any that you've discusses. Someone will invent the niche. www.futureofmoneysummit.com
This probably isn't the answer you're looking for, but there is work being done on an open currency for the open source movement. Check out:
http://www.futureofmoneysummit.com/open-source-cur rency.php
Some people are just naturally charged by the sparks that fly when an imagination is fueled by ideas. The DaVinci Institute is one of the true masters of idea generation.
At the Institute they work every day with the people who are "tortured by their ideas". If you are not one of the tortured ones, you will forever be an outsider.
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So far we don't have any good models of sustainable businesses that don't have ongoing revenue streams. There are going to be some great discussions on the Micropayments Vs. P2P topic at the Future of Money Summit (www.futureofmoneysummit.com) when Dr. Ron Rivest of MIT, Kurt Huang of BitPass, Todd Pearson of PayPal, and Margaret Reid of Visa tackle this topic.
The success of micropayments will not be determined by whether of not people like to get things for free. Its success will depend on finding an entrypoint where successful entrepreneurs start getting rich using micropayments. The partcular verticle niche that launches the micropayment industry will not be any that you've discusses. Someone will invent the niche. www.futureofmoneysummit.com
This probably isn't the answer you're looking for, but there is work being done on an open currency for the open source movement. Check out: http://www.futureofmoneysummit.com/open-source-cur rency.php
Some people are just naturally charged by the sparks that fly when an imagination is fueled by ideas. The DaVinci Institute is one of the true masters of idea generation. At the Institute they work every day with the people who are "tortured by their ideas". If you are not one of the tortured ones, you will forever be an outsider.