Cory Doctorow on Macropayments

In his column at Locus Magazine, Cory Doctorow has a piece on “macropayments.” It lays out a lot of his thinking in giving away his books for free, but also refutes the whole philosophical basis of micropayments at the same time. I like this bit:

Taking someone’s money is expensive. It incurs transaction and bookkeeping costs [...]

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