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  • Hacker News
  • Rent seeking for rentseeking's sake makes it one of the worst inventions. It could have been useful if it didn't need a coin to use. It should be removed. What are local governments for? I have my own zoom monocular/binocular, and am way happier, although I have to find a surface against which to hold it steady.
  • That's not what rent seeking means.
  • I don’t think this is a good example of rent seeking, this seems like an entirely positive sum interaction with no attempts to restrict the supply.

    There is a cost to installing the binoculars. That cost can be recouped by people paying a small fee to use the binoculars. The binoculars are in no way impeding your view of the scenery, so no one is being coerced into making the purchase. You aren’t prevented from bringing your own pair of binoculars.

    So you're only going to be spending your spare change on the enhanced zoom if you believe it’s worth more than your unimpeded view. You get a view you wouldn’t have had otherwise, whoever installed the binoculars earns a small profit. Win-win.

  • Would have been a great How Its Made segment
  • Except the article says nobody there knows how to make them these days, at least affordably.
  • Seems like the perfect place to install a credit card scraper… I would not tap anything on that.
  • Like USB ports on public busses? <shiver>
  • It's almost an alternate universe reading this as throughout my childhood I noticed all of those coin operated binoculars were manufactured in Fairhope, Alabama. No doubt there were regional preferences for units from one company over the other but I do remember seeing Fairhope originated binoculars in the Midwest and Canada.
  • > Tower Optical began in a Norwalk, Connecticut, machine shop in 1933, and remained in the same family until 2025.

    The article doesn't go into too much detail beyond this snippet, but yeah, the original family business was sold to a cohort of investors in 2025[1]. The retrofit was outsourced to a European firm to add the tap-to-pay functionality, so I guess there's nothing left of the original manufacturing business.

    [1] https://www.wsj.com/business/entrepreneurship/tourist-binocu...

  • Why should one have to pay for it in the first place ? Seems like it would be easier to just maintain it together with the viewpoint & avoid the unnecessary complexity of a payment system - previously one had to go there to retrieve the coins, now you need to get electricity & Internet connectivity in.