Predicting the Failure of BitPass
Submitted by Xaviar Xerexes on September 10, 2003 - 16:40
Clay Shirky is a smart guy who has written a lot about the Internet and social interaction. He weighs in again on the everlasting micropayments debate with a critique of BitPass and the current renewed enthusiasm for micropayments.
Most of the current enthusiasm for micropayments, BitPass in particular, appears to be from webcomics. Shirky may be completely unfamilar with the messed-up structure of the "comics marketplace" and it may not even have any relevance to the points he's making about content, publishing and markets generally.
But it might.
UPDATE: Scott McCloud responds to Shirky with, as those bloggers like to say, a right-good fisking, and Joey Manley weighs in with a rant based on his own experience publishing Modern Tales. Both thoughtful responses in a needed debate.