But Szabo was talking about $1/1000 as micropayments; Shirky (mis)applied the MTC theory to any small paymenthttps://twitter.com/nickszabo4/status/647890026517270528 …
@znakit It was more the micopayments proponents who redefined the term in order to claim working examples.
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@NickSzabo4 True, now the definition is different but if so why to use your MTC argument against something that is just "small" payments?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@znakit Historical price granularity of content is much greater than $0.01, due to mental costs, and brains have not much changed.
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@NickSzabo4 Is it greater than $0.1 or $0.27 or $0.48? If one cannot determine the actual MTC, then one cannot say it is "greater than" -
@NickSzabo4 missed your answer Nick. What is the MTC of a $0.20 microtransaction for access to an online article? -
@znakit It depends on how many other price points and quality choices there are.
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@NickSzabo4 The user does not know. He just read: Pres Putin collapsed after UN speech. Exclusive report $0.20 to read
End of conversation
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