What if the true barrier to a world of seamless micropayments isn’t technological, but psychological? In this episode of Bitcoin Audible, we revisit Nick Szabo’s classic essay, “The Mental Accounting Barrier to Micropayments,” exploring why even with lightning-fast, low-cost Bitcoin transactions, the smallest payments might never take off as expected. Can new monetization models, AI agents, and value-for-value systems overcome the hidden costs in our minds-or will human cognition always set the lower bound on how small a transaction can be? Dive in as we unpack the unseen limits shaping the future of digital payments and online commerce.
Check out the original article: The Mental Accounting Barrier to Micropayments by Nick Szabo (Link: https://tinyurl.com/8r5cewhc)
Mentioned Links & Resources
Host Links
Check out our awesome sponsors!
OFF: The Oslo Freedom Forum (OFF) is an international human rights conference series hosted and produced by the Human Rights Foundation (HRF). Bringing together the world’s most engaging human rights advocates, journalists, artists, tech entrepreneurs, and world leaders, we aim to share their stories and brainstorm ways to expand freedom and unleash human potential across the globe. Don't miss this year’s Oslo Freedom Forum in May. (Link: https://oslofreedomforum.com/event/oslo-freedom-forum-2025/)
Trying to BUY BITCOIN?
Bitcoin Games!
Bitcoin Custodial Multisig
Education & HomeSchooling
"To do our best to minimize the economics jargon once again, we might simply ask: what are you going to do with your time?...
"It takes two nudges to convert a nocoiner. The vast majority of people got their very first nudge in 2017. These people are now...
This chat episode is a riveting conversation which was originally featured on The Staying Free Podcast with my friend jonnyhodl.I delve deep into libertarian...