Amusing, I have run into the same idea with a call from someone on HN. We discussed using crypto to stream payment and auto bid for ad slots against advertisers on pages in the browser. The browser would get rid of ads based on how important a page is for you.
I definitely think it is viable. Execution is going to be hard.
Brave does something similar to what you are saying and they've struggled to gain enough traction in practice.
They have to scrape the site in the background to work. While this is doable, any such client will need to follow the HN bot policy which limits the scrapping speed.
Another issue is browser only client. If HN has set proper cors (I didn't check if it is the case), then you cannot build a web client through scrapping without proxy.
Yep this is true. I work in online escrow. It's basically the original "smart contract", and until we are able to reliably digitize purchase events it's hard to beat. I have friends who talk about smart contracts, not understanding that it's currently very difficult for a computer to recognize events like "buyer has taken possession of merchandise", whereas it's pretty easy for a human.
> Fees. The whole point of credit cards - for the CC companies of course - is fees.
On the merchant side, yes.
On the consumer side, no. There aren't many examples than Amex which is mostly popular in US charging high fees for their credit cards.
Most credit card companies make money from merchant run programs and overdraft & interest on late payments and penalties. They make half of their profit from vulnerable and poor people to pay rewards.
Merchants can forward the fees they pay onto you. And, in fact, some definitely do. So cash/debit card price would be X, credit card price might be X + 1% or X + 3 EUR or whatever. Others just refuse to accept credit cards: Direct debit or cash only.
Predictability in cash flow and free rewards in India. Most places do not charge extra for credit cards and nor do you pay annual credit card fee in most cases.
It's an interest free loan for upto 45 days. Many banks will provide 3.5 - 6% interest without risk. If you spend a lot monthly, it's a free nice dinner every month without doing anything. If you can use the capital, it can be worth more.
They provide free lounge access and food at airport + concierge service for discounted bookings at hotels.
It does not to me. It is similar to pet friendly, unmarried couple friendly, foreigner friendly, etc tag. It wastes less time of everyone while law enforcement cracks down on discrimination of protected classes.
I definitely think it is viable. Execution is going to be hard.
Brave does something similar to what you are saying and they've struggled to gain enough traction in practice.