Not to mention the total absence of anonymous user monetization strategies.
Great in theory, but people in general do not understand the advertising model or just don't care enough about being tracked that the micro-payment alternative is attractive to them (even if there is a method of making it essentially anonymous and untrackable). I'd be happy to pay small amounts for an ad-free un-tracked experience, as may you, but we are in a minority small enough that it isn't worth chasing (and to be frank, I'm cynical enough to not believe I won't be tracked (more than just to ensure I got what the payment covered) even if I did pay...