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Why the Chicago Sun Times' bitcoin paywall experiment is more than a desperate attempt to look cool

Why the Chicago Sun Times' bitcoin paywall experiment is more than a desperate attempt to look cool | money money money | Scoop.it

The publishing industry has withered on the vine in recent years amid dwindling advertising revenue and an inability to convince consumers to sign up in mass for content protected behind strict paywalls. One potential solution has been floated repeatedly, but quickly shot down as being uneconomical: micro-payments. That may change, thanks to bitcoin and an experiment announced today between the Chicago Sun Times and bitcoin paywall provider BitWall.

 
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Any publisher can make money using BitMonet’s Bitcoin-powered micro-paywall

Any publisher can make money using BitMonet’s Bitcoin-powered micro-paywall | money money money | Scoop.it

Paywalls are increasing becoming a monetize option for media, yet most readers are lukewarm about them. Enter BitMonet, a Bitcoin startup with a more flexible approach to appeal to readers who are reluctant to pay upfront for access to articles.

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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation