The Linux Foundation getting in bed with Coinbase to develop a web payments standard.
No thanks very much
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3No wait, it's worse than you thought!
Membership [of the x402 governing body] will be comprised of participants from multiple verticals with initial intent and support being expressed by Adyen, Amazon Web Services, American Express, Ampersend.ai, Base, Circle, Cloudflare, Coinbase, Fiserv Merchant Solutions, Google, KakaoPay, Mastercard, Merit Systems, Microsoft, Polygon Labs, PPRO, Shopify, Sierra, Solana Foundation, Stripe, thirdweb, and Visa.
This is a list of people I don't want in charge of my money. And yes, I am forced to use some of them. Doesn't mean I trust them.
@mttaggart yeah but we kind of need their services if you want to build a seamless payment system on the Internet so we can pay for content instead of being spied on for as revenue
Hating on this just further entrenches the status quo
Hating on this just further entrenches the status quo
@feld @mttaggart This looks like something from the 1990s. We were supposed to be able to read articles for a nickel or whatever, without signing up or revealing information.
Given that Chaum's patent is expired, why is that still hard? It's basic RSA with an additional random factor.
The problem is they will still push ads and spy even if we do pay. Does paying for a movie let you avoid commercials? No, they have increased it.
Pirating a movie avoids commercials.
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