The micro-transaction proposals everyone cried about in the early 2000's would have been so much better than this.
The odds of me paying for a subscription for some tiny local newspaper on the other side of the country are literally nil, but I'd be far more willing toss you a penny or two to read the content of a single article.
I’d be fine with some up front work to create an account and associate a payment method or something, but not on each individual site. PayPal pretty much fits the bill for me for most transactions, where is PayPal for microtransactions?
No electronic funds transfer without that transparency of origin, says the man in Washington.
It isn't fine. Third Party Doctrine. You don't have expectation of privacy or protections from search and seizure. You waived them by using the middleman.
Yes. There is some surface sarcasm, but also complete, genuine, resigned sincerity. You have to take in and appreciate a lot of non-statutory law, which no one tends to explain to the populace in a general and succinct way to inform them of how the world (in this case, the U.S. financial system) is architected.
It has been hewn, unambiguously, into a tool that functions primarily to make law enforcement tractable by plugging into the end objective of the vast majority of criminal activity: financial gain. This means arbitrary middlemen, lack of KYC, non-presence of AML precludes the existence of low friction, anonymous finance.
I didn't want the status quo, I don't believe it's right. I've dug into how it works, and I stepped away from what had hitherto been a productive and lucrative career because I can't support it through positive action anymore. It isn't right. Don't know what's more right, but I damn well know we shouldn't have the financial system acting as a surveillance device.