A typical day in a blockchain-enabled world circa 2030

Long term inflation means micropayments will happen, though. Eventually a dollar will be worth a few pennies, adjusted for inflation relative to say 2000… 15 years ago.

Okay maybe a bit longer than I thought. 1917 for five cents.

http://data.bls.gov/cgi-bin/cpicalc.pl?cost1=0.05&year1=1917&year2=2016

But let’s say 25 cents? 1977.

http://data.bls.gov/cgi-bin/cpicalc.pl?cost1=0.25&year1=1977&year2=2016

50 cents is 1988.

http://data.bls.gov/cgi-bin/cpicalc.pl?cost1=0.50&year1=1988&year2=2016

To some extent this has already happened with all the 99 cent apps and songs and so on.

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