Read_879 - The Mental Accounting Barrier to Micropayments

April 29, 2025 00:50:58
Read_879 - The Mental Accounting Barrier to Micropayments
Bitcoin Audible
Read_879 - The Mental Accounting Barrier to Micropayments

Apr 29 2025 | 00:50:58

/

Hosted By

Guy Swann

Show Notes

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!

Trying to BUY BITCOIN?

Bitcoin Games!

Bitcoin Custodial Multisig

Education & HomeSchooling

Other Episodes

Episode

May 10, 2022 00:59:52
Episode Cover

Read_624 - Riding the Lightning Network [Sam Callahan]

"Despite all of these constraints, the free market finally provided the competition these incumbent banks so desperately needed. Bitcoin and the Lightning Network have...

Listen

Episode

January 04, 2025 02:06:56
Episode Cover

Read_860 - Stone Ridge 2024 Investor Letter

"Bitcoin is the most potent device ever invented for transferring wealth from the impatient to the patient. Be patient." — Ross StevensRoss Stevens brings...

Listen

Episode

October 03, 2023 01:10:34
Episode Cover

Read_769 - Orange is the New Green

"Our existing financial system is a mirage of wealth and liquidity, sustained by an ever-expanding money supply. Bitcoin emerges as the ultimate shield against...

Listen