> What’s so comical about this is that common-standard digital-first micropayments is THE use case pitch for cryptocurrencies I had been following BTC since ~2

> What’s so comical about this is that common-standard digital-first micropayments is THE use case pitch for cryptocurrencies I had been following BTC since ~2009 (when a CS PhD friend of mine at uni introduced me to it, as his research project was on distributed ledgers) - but from the very start it was made clear to me that projects like Bitcoin would never be suitable for microtransactions due to the reasons that became clear to everyone since then: at the values of microtransactions (i.e. under $3 USD) the cost of committing that transaction within reasonable time-frame for a microtransaction (say, less than a minute for a mobile-game IAP purchase) is simply prohibitive and makes the legacy incumbent card networks (Visa, Mastercard, etc) seem like nimble, customer-pleasing startups.