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NickSzabo4's profile
Nick Szabo 🔑
Nick Szabo 🔑
Nick Szabo  🔑
@NickSzabo4

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Nick Szabo  🔑

@NickSzabo4

Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com 

Joined June 2014

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    1. Lucky Me‏ @Light_bound 26 Sep 2015
      • Report Tweet

      Lucky Me Retweeted Nick Szabo  🔑

      But Szabo was talking about $1/1000 as micropayments; Shirky (mis)applied the MTC theory to any small paymenthttps://twitter.com/nickszabo4/status/647890026517270528 …

      Lucky Me added,

      Nick Szabo  🔑 @NickSzabo4
      Replying to @ofnumbers
      @ofnumbers @izakaminska @binarybits Shirky's main argument http://www.shirky.com/writings/fame_vs_fortune.html … came from here: http://szabo.best.vwh.net/micropayments.html …
      1 reply 0 retweets 0 likes
    2. Nick Szabo  🔑‏ @NickSzabo4 26 Sep 2015
      • Report Tweet
      Replying to @Light_bound

      @znakit It was more the micopayments proponents who redefined the term in order to claim working examples.

      2 replies 0 retweets 0 likes
    3. Nick Szabo  🔑‏ @NickSzabo4 26 Sep 2015
      • Report Tweet
      Replying to @NickSzabo4

      @znakit Historical price granularity of content is much greater than $0.01, due to mental costs, and brains have not much changed.

      1 reply 0 retweets 0 likes
    4. Lucky Me‏ @Light_bound 26 Sep 2015
      • Report Tweet
      Replying to @NickSzabo4

      @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"

      2 replies 0 retweets 0 likes
      Nick Szabo  🔑‏ @NickSzabo4 26 Sep 2015
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      Replying to @Light_bound

      @znakit Tons of good price data: e.g. content on iTunes (<< 100 price points below $1).

      3:42 PM - 26 Sep 2015
      1 reply 0 retweets 0 likes
        1. Lucky Me‏ @Light_bound 26 Sep 2015
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          Replying to @NickSzabo4

          @NickSzabo4 So? What is your point? Are iTune transactions micropayments in today's meaning of the term or not?

          0 replies 0 retweets 0 likes
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