Small transactions are in the news recently with a probably jurisdiction shopping ' arms race ' opening up between the biggest govt shitcoin banksters. Regulatory arbitrage won't save any pig-govts bacon - but the most liberal could last out the longest. Maybe.
>>> . . . I don't think the spread of micropayments will be an exception to >>>the rule. In fact I would argue that the only *lasting* surprise offered by >>>AP was the fact that when mild wants of large numbers of people can be coordinated, economic efficiency can lead to significant, and heretofore unexpected, outcomes (i.e. getting a notable figure killed). In the end I think such new classes of financial transactions, borne of lowered transaction costs, will be far more significant to the society as a whole than anonymity. I also think this is the essence of what is driving the wider P2P circle, at the moment, though few people seem to realize it. <<<
