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Re: [projectvrm] One-click micro payments, membership monopoly, monied "like" button


Chronological Thread 
  • From: William Dyson < >
  • To: Tom Crowl < >
  • Cc: Doc Searls < >, ProjectVRM list < >, David Brin < >
  • Subject: Re: [projectvrm] One-click micro payments, membership monopoly, monied "like" button
  • Date: Thu, 19 Dec 2013 11:28:48 -0800
This is part of what we are working on…...
On Dec 19, 2013, at 6:57 AM, Tom Crowl < "> > wrote:

Yes, through the browser is good... but what is needed is a sort of 'inter-provider' agreement between the large players (similar to some interbank systems like ClearXChange)...

Which would create this core clearing house... so that the soliciting interest because of the agreements with those providers could offer its button through all browsers simultaneously.

I also believe that such an agreement would place tremendous pressure on the various payment vehicles to join this network... rather than trying to do micropayments by themselves. (similarly with email providers)



On Wed, Dec 18, 2013 at 4:59 PM, William Dyson < " target="_blank"> > wrote:
Very Interesting.
I have been Developing  intentions services and Micropayment system for than ten years.
We are currently developing technology that integrates Micropayment's into a Browser as well as a platform 
Interesting points/ideas concerning the corporate structure of this kind of project….We are also investigating this area


William 

All Power to All the People 






(Changing the subject to the subject.)

On Dec 18, 2013, at 8:45 AM, Tom Crowl < " target="_blank"> > wrote:

Doc Searls et al,

I'm not qualified to address the ins and outs of VRM.

Everybody is. VRM is still zero-based. All of us make the ins and outs (and choose your prepositions) here.

However I am convinced that the requirements for making a micropayment possible lead to a natural monopoly for its core. And that core may easily be just as important as the micropayment itself.

One would think. I'm not thinky enough to challenge that, though. Perhaps others here can weigh in.

And were this core to be constructed as a for profit enterprise... owned by its members...(one human, one share, non-transferable and expires with death)...

Interesting idea. A co-op of everybody. May I volunteer Customer Commons? <http://customercommons.org> While not quite zero-based, it's not far past the starting line.

It seems to me this gives that inevitably ubiquitous user base tremendous power regarding the use of its data... as well as a means to acquire compensation from those who wish to use it... whether the user ever makes a micropayment or not.

Getting more ideas here. Need to hold back until I bake (or burn) them a bit.

While the system for the micropayment itself is very straightforward and not a 'programming issue... I'm not a programmer and can't say I can fully see how the VRM aspect might operate... it seems to me there's something to be thought about there.

Agreed. I'm not a programmer either. But that doesn't stop me from seeing, if not fully. 

If not... so be it. I wanted to throw it out. David Brin and I are putting together an article on the general capability... and I was curious to see if there might be something to be added from this end.

Characteristics of the Monied "Like" Button

One-Click Micropayment Capability for Volume Solicitations and Multiple Providers

P.S. The "for profit, one user,one share...etc." idea for ownership is my own and separate from the basic mechanisms themselves... and I can't say whether Dr. Brin necessarily agrees or not... so if its terminally stupid... put it on my head.

P.P.S. And if this has no relationship with your ideas I understand and won't push it. But I think its worth a moment or two for consideration.

Much more than a moment. Thanks for vetting it with us. Much to talk about here.
Tom Crowl

Lots of other good stuff in Tom's blog, all very VRooMy. I invite others here to peruse it.

Doc





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