Online ads, micropayments, bitcoin, and future of digital monetization

Online advertising has persisted for these reasons, even though it is generally detested by consumers and also prevents companies from maximizing the time spent building great products. Effectively, it forces engineers to focus on satisfying the advertisers by data mining, rather than satisfying the users by building a better product. Micropayments can change this, and WhatsApp clearly demonstrates that the change is already happening on mobile with existing financial infrastructure.

via Why Facebook’s $19bn Acquisition of WhatsApp is Meaningful for Bitcoin.