Would there be a benefit to adding a micropayment model to Twitter?
I don’t mean like the current Twitpay tool for sending money to people, but rather hardwiring a payment system into Twitter itself. Something like this:
A one-time, non-refundable, two cent subscription fee for every person you want to follow – one cent to that person, one cent to Twitter. So now, if you’re someone like Guy Kawasaki with 50,000 followers, you’ve made $500 and so has Twitter. Is that enough to retire on, no of course not. But it establishes a level of value for Guy, and begins a revenue stream for Twitter.
For the Twitter user, it’s a barrier, but not an insurmountable one. A dollar for every 50 people I want to follow is not cost-prohibitive, but it would make me slightly more selective. I’d still be willing to take a chance on somebody who looks interesting, but I’m not going to go on a mass following spree for the sole purpose of getting follow backs. And for those abusers who do want to do that, well, at least we, and Twitter, will make some money off of them.
Yes, information wants to be free, but sometimes adding a little friction can be beneficial.