Dan Gillmor on Micropayments

The iTunes service is one of the first truly useful examples of digital micropayments, according to Gillmor…”[I]ncreasingly, I can envision a real value in micropayments. A vibrant market in digital content may well require some such system, and the need is plain. Given the greedy and unethical style of today’s big entertainment companies, for example, I’d imagine artists would welcome a system in which they’d keep more control over their own destinies.”

“If micropayments become more common, devices other than personal computers seem most likely to be the foundation,” and he mentions mobile payments as the possible method.

Companies mentioned include BitPass, Yaga and Peppercoin

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