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    <title>links.lmorchard.com - #micropayments</title>
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    <description>Recent bookmarks tagged #micropayments</description>
    <lastBuildDate>Mon, 02 Nov 2026 08:24:58 +0000</lastBuildDate>
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      <title>Nick Szabo -- The Mental Accounting Barrier to Micropayments</title>
      <link>http://szabo.best.vwh.net/micropayments.html</link>
      <description>A micropayments system assumes a solution to the mental accounting problem. If somebody could actually solve the this problem, rather than merely claiming to have solved it via some mysterious means (&#34;intelligent agents&#34;, et. al.), the savings would be enormous even in existing business such as long distance and Internet service -- not to mention all the new possibilities possible by lower transaction costs.&lt;br/&gt;&#xA;&lt;p&gt;&lt;strong&gt;Tags:&lt;/strong&gt; #business #economics #imported:pinboard #internet #micropayments&lt;/p&gt;</description>
      <pubDate>Wed, 28 Oct 2015 21:02:10 +0000</pubDate>
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      <category>business</category>
      <category>economics</category>
      <category>imported:pinboard</category>
      <category>internet</category>
      <category>micropayments</category>
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