Fair enough. I perhaps did not give the author the credit that was due. He is quite aware of the problem. I need some time to read and digest this
https://bitcoinj.github.io/working-with-micropayments and also some time to figure out if, even if we had unlimited free micro payments, there is a means of dealing with hold out problems.
*edit* Wow this is huge if he is right. If he is and the hold out problem can be sufficiently mitigated than we dont just have a model for solving the max block size problem, this will by default also solve the problem of how to decentralize the entire internet.
*edit2* wow wait thats you. you wrote it. lets talk. pm me. better yet can we skype some time?
Welcome to rational economics (not the usual bullshit you read in the mainstream press).
Justus did an awesome job. Sadly the trolls (davout, danielpbarron etc.) have nothing to contribute besides noise. Here's hoping they play their spend games when the fork happens and lose expensively, it'll be a valuable lesson they actually paid for. However, it's pretty clear to me that they will pussy out.