Ads don't work well for most publishers and they are irritating to end users. Subscriptions are an improvement in some cases, but subscriptions require that users make a long term commitment to a publication which is not always desirable for the user. Now that we have blockchain technology, we should revisit the idea of using micropayments on the internet.
Although micropayments have been talked about since the 1990s, no company or project has executed on making them work for a mainstream, global audience. The reason for this is the high cost of credit card transactions on the internet. It's not possible to lower fees enough with credit cards to make small payments due to the high level of fraud.
Blockchain technology makes it possible to send genuine micropayments over the internet. Because blockchain payments are irreversible, it's not possible to commit fraud. Publishers and other merchants can have confidence that payments they receive cannot be reversed, which radically lowers the cost of monitoring and responding to fraud, allowing transaction fees to be less than one cent for the first time.
Here's how micropayments should work. Publishers should have a way to install a micropayments system into their publication as easily as they install the Facebook like button. A simple integration should be as easy as copy+pasting code, which is useful for tipping.
For more sophisticated functionality, like pay walls, a Wordpress plugin can be installed. Or, if necessary, custom software can be written to respond to a webhook making it possible to use the micropayments in an arbitrarily sophisticated way, such as the voting model on Yours. For common cases, like the voting model, we can make these, too, available as a Wordpress plugin, so that all common use cases are simple to integrate.
For end users, sending a payment should be as easy as clicking the Facebook like button. For small payments it should happen instantly with no extra step, and for moderate or large payments a confirmation box should be displayed so the user has confidence they cannot accidentally overpay.
In other words, we need something like the Facebook like button, but with money. The money button of the internet.
If we had a button like this, using a common protocol for the storage and transmission of value, it would allow anyone anywhere to easily send micropayments to anyone anywhere else. By making it easy to use both for publishers and end users, it would be possible to make micropayments accessible to a mainstream, global audience for the first time.
We developed the money button in order to make Yours possible. We have several different uses of the money button on Yours, including tips, a pay wall, paid comments, and the voting model. These and many other payment models all become possible if we make the money button available as an API.
The money button is not just for publications and it is not just for small payments. It can be used in any kind of app, such as social networks or games, and it can be used for payments of any size, from one cent to millions of dollars. The money button is effectively an accessibility layer for the blockchain. We're making possible for a mainstream audience to access the revolutionary properties of the blockchain.
We have a prototype and we are working with some publishers on a test integration. We are also working with a design firm to refine the UI/UX with the goal of making a flawless experience for end users, on par with the most user friendly apps. However, the design process will take some time. We don't want to delay testing the money button in the real world, so we have launched the prototype today.
We could use feedback from prospective publishers to help us refine the product before the real launch. If the money button sounds like it might be useful to you, we would appreciate it if checked it out at moneybutton.com and let us know your thoughts in this thread.
 

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Reviews
27 of 27 reviewers say it's worth paying for

0 of 27 reviewers say it's not worth paying for
Comments
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Paywall Spoilers: it better not change I've invested too much into BCH. I don't wanna have to go through all THIS again ;-)
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BCH FOR THE WIN!
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Game Changer
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Time to get back to making yours.org more awesome then? You guys have been neglecting here lately. Lots of bugs to fix and improvements to make.
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Positive feedback loop example. This is what ends in exponential adoption.
Keep up your excellent work yours.org team!
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yours.org is already revolutionizing social media now moneybutton will change how the world makes a payment. Awesome start
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It would help to preview the styles before choosing.
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This is awesome, and I just went to findbitcoin.cash and cryptodignity.com to try it out. It works, but the button was a bit glitchy. Sometimes when i hovered over it you saw the drop down, but other times i'd have to click multiple times to be able to do anything. just an fyi.
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I tried it out, on CryptoDignity.com. Was amazed that I could simply login with my Yours-account. Great product!
However, I had an "unexperienced error". Maybe something with my browser.
As a publisher myself (bitcoinblog.de), I have no clue how to integrate it. Which Webhook? A better description would be helpful. (I understand a little html/css/js/php/xml, but don't know about webhooks).
Anyway: Great initiative! I'm waiting for the money button since 2014!



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I put maintenance mode to the Cryptodignity website. Something is not working. I will check it out in the morning again. It is likely my mistake. I tried to tip myself, and nothing arrived this time. Last tx received was like 8 hours ago.

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@mishapelt: i tipped your site this morning. did that work?
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Some thoughts on Moneybutton: First, it's awesome to see! I think this will spread around once word gets out. I think a moneybutton that is "coin-agostic" or able to cover a lot of different cryptocoins (Litecoin, Doge, etc.) that have reasonably fast and cheap tx's might win out in the long run.
Might want to consider how notifications that a donation has been made might work - they could see it in their wallet but would have to check wallets to see that, emails would be too much, a moneybutton app with notification alerts might be useful (but that would become a different project).
Is the AKARI-PAY button the same concept, just a competitor, or are there major differences between that and Moneybutton? https://www.yours.org/content/add-a-donate-pay-button-link-on-your-website-with-akari-pay-for-bitcoi-8bbe9c67a637 Since not everyone uses crypto, there needs to be links to how to set up wallets and buy crypto to donate and use the moneybutton, like under each "moneybutton" it could say "Need Help Using the Moneybutton?" and could link to an FAQ explaining basic how to use crypto (and/or blog owners might want to do something like this). Onboarding of crypto in general to me seems like a huge problem, the resources are scattered all over the place (something maybe I will work on).
Also, since this moneybutton is in BCH, the use cases of the moneybutton will be limited to the BCH community and thus such blogs would be limited to advertising where the BCH community is. Where people reach out to non-BCH and non-crypto users, again they will have to be basically "onboarding" or teaching them how to join the crypto or BCH community in order to donate with a moneybutton. The open source business model of offering moneybutton as a free service and asking for donations might work a bit as well. If moneybutton helps someone to bring in new income they didn't have before, obviously it has freely provided value to them and they might want to donate back. Some places have a recommended donation amount.
edit: I missed some things in my cursory glance of moneybutton's writings, reflected in my comments, but reading back again: I question how the login process should be to use the moneybutton for the customer buying/donating; also on yours and moneybutton it would be nice if there was a feature like on the Apple store that you could insert a password every payment to prevent someone spending all that's on your wallet on a bunch of moneybutton (or Yours) clicks...
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@Yours Do you have a recommended way to fit the moneybutton in the 217 bytes of a memo.cash profile?
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I just signed up and put this on my website :)
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