where do you use ecash micropayments? i do not see the usecase yet
Discussion
Yet
so, where do you see the use case?
Streaming services, but being able to pay per view directly from the creator. News, being able to pay journalists directly per article read. File storage, pay as you go etc.
Subscriptions create monopolies because users have to allocate a chunk of money to a service, limiting their ability to pick and choose. Eventually the service shows content it wants users to see and less of what they want to see.
so you would send your coins to a trusted third party in order to get large string tokens which only work at this one mint in order to pay streaming services by the minute, which have to support the same mint?
I'd put a small amount in, like cash in a wallet. Mints can pay lightning invoice so you only need one mint. Multiple if you want to limit the rug risk. At the end of the day the exposure is about a carton of beer or so. Its not a big deal, but opens up a true free market of content creation.
so, where do you see the use case?