Crypto/web3. Author of Read Write Own

readwriteown.com

Re-reading a lot of early crypto writing from @cdixon.eth and others, and one of the themes is that of micropayments being a sizable use case.

Is this still the case in folks' minds?

If so, why haven't we seen it enabled at scale yet? Or have we?

If no, why not?

leader • reader • taco eater • fly eagles fly • /whiskey • /nativefun • previously addepar, linkedin • https://nf.td/derek

I think payments are a siren song for technologists. 

Problem with payments isn’t actually technology.

Technology doing a better job disrupting/inventing new categories, as usual

Welcoming you to the ￼Far Side. 

Managing Director at Proof Group 

Bingo, that’s the siren song right there!

If I had to summarize it, the payments apparatus as we know it today adds more than 3% value to merchants via lock in effects et al￼

Well, one problem with payments is middlemen. 

With that particular problem, it’s a problem that this particular technology can solve, no?