[Cryptography] True Micropayments with Bitcoin — Medium

Ray Dillinger bear at sonic.net
Mon Feb 15 12:36:45 EST 2016


It is my opinion that micropayment schemes will probably
continue to fail because consumers will probably continue
to loathe them.

Nobody wants the stress of making a money decision, when
only a half-cent is at stake.  Money decisions are still
stress, and bothering someone about piffling small change
is merely rude.

It is only when micropayments are redefined as, say, at
least half a US dollar, that the idea becomes psychologically
viable, regardless of the technical feasibility.

				Bear

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