But Szabo was talking about $1/1000 as micropayments; Shirky (mis)applied the MTC theory to any small paymenthttps://twitter.com/nickszabo4/status/647890026517270528 …
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@znakit It was more the micopayments proponents who redefined the term in order to claim working examples.
@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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