Bitcoin Rapid-Fire cover image

BITCOINER BOOK CLUB #1 - The Sovereign Individual

Bitcoin Rapid-Fire

00:00

The Trilogy of the Commons and Micro Payments

Nick Zabo: The internet has created a lot of kind of tragedy of the commons combined with this freemium model. In other words, like these big organizations, Facebook, Google, YouTube, they provide the product for free where it'd be really annoying or difficult for the individual to create that and compete. And I think that's where the, you know, Nick Zabo's micro payments kind of model really comes in because how much better would your viewing experience be if it was aligned with what you actually wanted to see and could pay for in an not expensive way as opposed to you're throwing a middleman in there for advertising.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app