This is all really positive, and proof that these regulations are working, imo.
This is all really positive, and proof that these regulations are working, imo.
It's a bit more complicated, in that creating and maintaining all the payment processing infrastructure is a huge hassle to make without recouping sufficient cost per user. There's still not really a good option for microtransactions and it's a big problem.
But... There's no way on earth Facebook is making $14/mo off me in adds. It's just not even close. I'd be happy to pay if the value were anywhere close to a match, but it's just not. I mean, that's en par with streaming services and youtube. If Facebook thinks they're even in the same order of magnitude as far as content quantity and quality as that, they're delusional.
If I had to guess an actual fair value for the average user, it'd be around $3-5/mo max. For me personally, it can't be more than $1-2/mo. But maintaining all the payment infrastructure for that when any amount deters most users is pointless. Companies always price these non-free tiers really high.
The other thing for be is the reputation of the company. I happily pay mailbox.org for email, Bitwarden for a password manager, Mullvad for a VPN, etc. But the idea of becoming a paying customer of Meta just strikes me as icky given their reputation for being anti-privacy and anti-user. It's not really a problem for me now as I don't use Facebook but when they inevitably start charging for WhatsApp I'm not sure what I will do.
I was happy to trade some cpu cycles for an ad free experience. I would win, the site would win, it seemed like a really nice idea.
People immediately balked at the concept though and while I have no faith in crypto or its proponents at all, it's nice to think of what could have been.
And doing it with a cpu that's not particularly efficient compared to asics.
You're better off just paying money.
14$ is more than they make off me by showing me ads. Trading CPU cycles seems more fair because it's only when I'm actually using the service.
In principle though it sounds great. If the customers pays Meta might do something that will make them happier than the advertisers. I will wait though until they actually confirm this.
One thing looks fishy though. Why only europe? If you implement this, would you not want to role it out globally? Would you not want as many paying customers as possible? This tells me potentially that they know many people will stop using the service and they will lose users so the subscription might only recover some of the loss but not the full amount.
We all know how this goes, where the paying customers end up even more lucrative to advertisers too.