derek
@derek
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?
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Austin E
@polk
“Micropayments, like all payments, require a comparison… there is a minimum mental transaction cost created by this fact that cannot be optimized away… the only transaction a user will be willing to approve with no thought will be one that costs them nothing” (Clay Shirky, 2000)
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Austin E
@polk
Source: https://web.archive.org/web/20170104090728/http://www.openp2p.com/pub/a/p2p/2000/12/19/micropayments.html
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