Understanding mental transaction costs and preference revelation is crucial to evaluating payment, pricing, and smart contract schemes. Worry minimization: https://unenumerated.blogspot.ca/2015/10/minimizing-consumer-worry.html …
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Micropayments: http://nakamotoinstitute.org/static/docs/micropayments-and-mental-transaction-costs.pdf …
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Once bitcoin hits $100K I’m cashing out, buying a racehorse, and naming it “Nanobarter”
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