bitcoin

The Mental Transaction Costs of Zaps

Scoresby

This text offers a thoughtful analysis of Nick Szabo's paper on micropayments and the mental costs associated with them.
It raises important points about how frequent small payments can feel overwhelming for users, making the case for a more structured payment approach, like flat rates.
However, the author also highlights the fun and engaging aspects of micropayments on platforms like Stacker News.
The gamification elements—such as rewards and community interaction—seem to make the experience enjoyable rather than exhausting.
Overall, the text suggests that successful micropayment systems might need to focus more on user experience and less on rigid payment models.
This could be the key to making micropayments more appealing in the future.
