StrypeyApr 26, 2023

"Access journalism from premium publishers, without subscriptions or ads. Pay just for what you read – a few cents per article."

https://go.post.news/

#FacePalm. Despite their good intentions, Post will fail as long as its revenue model is based on MicroPayments. As Clay Shirky famously put it...

> The Short Answer for Why Micropayments Fail

> Users hate them

https://scribe.rip/the-case-against-micropayments-from-fear-and-surprise-to-the-comfy-chair-e00bb81a696c

... and that's not going to change.

#PostNews #MicroPayments #ClayShirky

Post.news - About

About Post News. Real News. Real People. Civil Conversations. Access journalism from premium publishers, without subscriptions or ads, on the social platform rebuilding the lost connection between the informed, the curious, and the world around us.

Post.news
Show threadStrypeyApr 26, 2023
The other problem with Post.news is that it's a solution in search of a problem. News publishers went to FB and Titter in search of eyeballs to look at their articles because those platforms had already domesticated millions of eyeballs. Post is relying on the news as bait with which to build a platform. Why would publishers help a competing media company build yet another centralized platform, when they can publish directly into the fediverse from their own websites?
Show threadJillianne Hamilton
@strypey Which makes EM’s recent announcement about doing the same thing on Twitter is an interesting/questionable one.
Apr 30, 2023 at 9:11amWeb
Show threadStrypeyApr 30, 2023

@jillianne
> EM’s recent announcement

Any good critical articles on this you could link me to?

Show threadJillianne HamiltonApr 30, 2023
@strypey https://www.theguardian.com/technology/2023/apr/30/twitter-to-let-publishers-charge-users-per-article-read-says-elon-musk
Twitter to let publishers charge users per article read, says Elon Musk

Musk calls the one-click move a win for both the public and media organisations

The Guardian
Show threadStrypeyApr 30, 2023
@jillianne
Thanks. This is hilarious. Web publishing funded by micropayments are a pot of gold at the end of the rainbow that tech businesses have tried and failed to reach since the 90s. Either Melon Husk hasn't done his due diligence before launching into this, or he has the hubris to think he will succeed where all others have failed.
Show threadJillianne HamiltonMay 1, 2023
@strypey WHOA WHOA WHOA. Whoa there. Are you SUGGESTING that Melon Husk (I'm stealing this btw) is not looking before he leaps?? HE IS THE GENIUS BUSINESS BOY WHO IS VERY GOOD AT THE BUSINESS THO SO HOW CAN THIS *BE*?
*smirk*
Show threadStrypeyMay 1, 2023

@jillianne
> Melon Husk (I'm stealing this btw)

It's public domain ;) Besides I can't take the credit, I spoonerized to Melon Usk but i didn't even think about adding the H until I saw someone else do it 🤣