The Internet will not become a money machine until the banking industry figures out how to transfer money for free so you can charge USD 0.005 (half a cent) for some simple service like, say, reading a newspaper article you have searched for. With today's payment system, the cost of the transfer of the funds completely dwarf the cost of the service paid for. ... This situation, however, is what acutely prevents the Internet from taking off as a network for paid services.
Erik NaggumRelated topics
article banking cent charge cost dwarf free half industry machine money network newspaper off pay payment reading say service simple situation system taking transfer funds internet services usdRelated quotes
Harry Dresden: But there were some things I believed in. Some things I had faith in. And faith isn't about perfect attendance to services, or how much money you put on the little plate. It isn't about going skyclad to the Holy Rites, or meditating each day upon the divine. Faith is about what you do. It's about aspiring to be better and nobler and kinder than you are. It's about making sacrifices for the good of others-even when there's not going to be anyone telling you what a hero you are.
Jim Butcher
In the first place, I own myself the friend to a very free system of commerce, and hold it as a truth, that commercial shackles are generally unjust, oppressive and impolitic - it is also a truth, that if industry and labor are left to their own course, they will generally be directed to those objects which are the most productive, and this in a more certain and direct manner than the wisdom of the most enlightened legislature could point out.
James Madison
Part of America's industrial problems is the aim of its corporate managers. Most American executives think they are in the business to make money, rather than products or service...The Japanese corporate credo, on the other hand, is that a company should become the world's most efficient provider of whatever product and service it offers. Once it becomes the world leader and continues to offer good products, profits follow.
W. Edwards Deming
Virtually, Finnish woods are stripped so bare, so sold out and first and foremost, so long way off from genuine diverse natural forest, that the resources of language will not permit excessive words. Finnish forest economy has been compared to the ravaging of rain forests. Nevertheless, the noteworthy difference is that there is a half or two thirds left from rain forests, but from Finnish forests there is left - excluding arctic Lapland - 0,6 per cent.
Pentti Linkola
Ideally a painter (and, generally, an artist) should not become conscious of his insights without taking the detour through his reflective processes, and incomprehensibly to himself, all his progress should enter so swiftly into the work that he is unable to recognize them in the moment of transition. Alas, the artist who waits in ambush there, watching, detaining them, will find them transformed like the beautiful gold in the fairy tale which cannot remain gold because some small detail was not taken care of.
Rainer Maria Rilke
