Did anyone watch that first Youtube video with the guy talking in a bookstore? I highly recommend it for entertainment value, but it's hard to tell what the gu

Did anyone watch that first Youtube video with the guy talking in a bookstore? I highly recommend it for entertainment value, but it's hard to tell what the guy's point is w.r.t. micropayments. Payments are totally orthogonal to where the thing you are or are not paying for is stored. Also, the "local caches" he refers to are copies.