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A comment on New York City Neighbors Build Cheaper Way to Connect to Web. Parent comment

Re:New York City Neighbors Build Cheaper Way to Connect to Web by thepete2 on Tuesday August 06, 2019 @05:45PM (#20629994)
That sounds awesome. How do the payments work?
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Re:New York City Neighbors Build Cheaper Way to Connect to Web by jkilpatr on Tuesday August 06, 2019 @06:53PM (#20630475)
I explain it in some detail here https://www.youtube.com/watch?v=G4EKbgShyLw

Essentially we use Eth because we don't really need a 'cryptocurrency' as much as we need an api for cash where very small payments (10c) are practical. For reasons that I explain in the presentation the key simplifying assumption of low fee transactions makes a simple billing scheme (pay per forward) work.

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Re:New York City Neighbors Build Cheaper Way to Connect to Web by langitbiru on Tuesday August 06, 2019 @10:24PM (#20631509)
Yes, one added value that people often miss from Ethereum is programmable money. Ethereum gives you a nice API of money.
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Re:New York City Neighbors Build Cheaper Way to Connect to Web by JohnJamesRambo on Wednesday August 07, 2019 @02:23AM (#20632375)
Oh it’s so nice to see crypto being used for this!
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Re:New York City Neighbors Build Cheaper Way to Connect to Web by ForHackernews on Tuesday August 06, 2019 @06:04PM (#20630135)
50 real USD says it's some kind of cryptocurrency nonsense.
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Re:New York City Neighbors Build Cheaper Way to Connect to Web by dang on Tuesday August 06, 2019 @06:20PM (#20630255)
"Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something."

https://news.ycombinator.com/newsguidelines.html

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Re:New York City Neighbors Build Cheaper Way to Connect to Web by Kuinox on Tuesday August 06, 2019 @06:13PM (#20630208)
Well it looks like a rare good application for a cryptocurrency.
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