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The Wiki Man

Turn the licence fee into a digital currency – and save more than just the BBC

When people are free to choose what they buy, they buy more and pay more

1 August 2015

9:00 AM

1 August 2015

9:00 AM

What follows is a proposal for reducing the BBC licence fee and improving the corporation’s output while saving the British newspaper industry.

All that’s involved is a basic understanding of pricing psychology combined with a digital currency for micropayments. Under my proposals, half the licence fee would fund the BBC’s Reithian purpose; the other £60 could be paid direct to the BBC as now or, if you chose, paid to you as a digital currency (6,000 Beebcoins).

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