Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Sunday, February 23rd, and that means it's time for Long

Reads Sunday. Before we get into that, however, if you are enjoying the breakdown, please go

subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the

conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to

bit.ly slash breakdown pod. All right, friends, welcome back to another long reads episode.

Every week when I do these, I'm always looking for something a little bit different.

There is inevitably some essay around whatever policy thing has been happening, or whatever

the big story in crypto is that week.

But sometimes by the time we get to Sunday, I really don't want to be talking

about that same thing again. There are only so many days that I can spend on the Libra scandal

and meme coin as just one, for example. Which is why I was delighted to find this piece in

Bitcoin magazine by Jacob Brown called Sabo's Micropayments in Mental Transaction Costs, 25 years

later. Jacob is writing about the realities of Ux friction that widespread micropayments in mental transaction costs 25 years later. Jacob is writing about the realities

of Ux friction that widespread micropayments would create and potential solutions to that problem.

In other words, this is something that has nothing to do with what's going on right now,

at least in terms of the crypto industry discourse, but is a really interesting thing to reflect

on as part of some changing trends. So as always,

I'm going to turn it over to the AI version of myself to read the piece, and then I will come

back and discuss it. What if every click you made online cost just a fraction of a penny? What if

your favorite news site, your go-to streaming service, or even your daily email usage,

...