point 2 is why i think something like urbit makes a lot of sense. 

these ubiquitous micro transactions are mainly to handle offloaded compute. but most compute actions aren’t even that intensive. you can just do it with your own server and be done with it. 

thrown

247bf84fda

The two main insights from the article are:

I've heard (2) discussed a lot. I think increasing excludability everywhere is bad, but so are commons have problems too. This is one reason why I think keeping post/commenting costs on SN low is the right move.

bitcoin

Web3 had better not be Transaction Cost Hell | Noah Smith

KenyaCoin

The two main insights from the article are:

1. "Web3" is mostly just introducing [excludability](https://en.wikipedia.org/wiki/Excludability) to the web
2. The non-monetary (psychic) transaction costs of micropayments might be too high and while commons in the extreme are a certain kind of hell so is private property in the extreme

I've heard (2) discussed a lot. I think increasing excludability everywhere is bad, but so are commons have problems too. This is one reason why I think keeping post/commenting costs on SN low is the right move.