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Submission + - Cloudflare Introduces NET Dollar (cloudflare.com)

head_dunce writes: In a bold move, Cloudflare announced NET Dollar, a U.S. dollar–backed stablecoin designed to enable instant, secure transactions across the web — at “the speed of the Internet.”

Their pitch: as autonomous agents and AI tools increasingly mediate digital interactions (booking flights, procuring items, negotiating services), the financial rails must evolve accordingly. NET Dollar is meant to support microtransactions, pay-per-use models, and fractional payments in that ecosystem.

Cloudflare says this could shift the Internet’s monetization model away from ads and bulk payments toward rewarding originality, enabling new monetization paths for content creators, API providers, and AI systems.

The company is also contributing to open standards (like the Agent Payments Protocol) and positioning NET Dollar as a bridge between traditional financial systems and an “agentic web.”

Comment Re:Inferior to what? (Score 1) 183

I'm in the Caribbean on a remote island and the biggest problem here is the government dragging the paperwork out. So the satellites are here and they work, but since technically they aren't a company in this country, Starlink shuts the 'roam' account down after 3 months. And the current local internet companies are horrible.

Comment Remotely (Score 1) 226

I work on a remote island in the Caribbean, Middle Caicos, via the Internet. There are only about 100 people on this island, no stores or distractions. I go fishing in my backyard almost everyday before work. I'm sitting on my laptop on the porch with the ocean in the background during work. And at the end of the day I go fishing again, or lobster hunting once the season re-opens, or just take a nice float in the ocean with a beer. If you can work remote, I highly suggest making the jump to really be remote. I couldn't be happier.

Submission + - Congress takes up online sales tax (internetretailer.com)

head_dunce writes: "A bill introduced Thursday by a bipartisan group of U.S. lawmakers seeks to make it easier for states to collect sales taxes stemming from online purchases. Amazon is among the e-retailers supporting the proposal, while a lobbying group representing eBay and Overstock.com stands opposed."

Submission + - Dear Bill Gates, Glyn Moody, and Gartner analysts: it's time to eat crow. (yahoo.com)

head_dunce writes: "Now that Red Hat has officially posted more than a billion dollars in revenue, ($1.13 billion to be exact), the company's PR department sent this funny list of quotes predicting doom. For instance, "We think of Linux as a competitor in the student and hobbyist market but I really don't think in the commercial market we'll see it in any significant way." Bill Gates, 2001."

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