"In-app payments on iOS and Android are the one place where paid snacks exist at scale... (There are individual games that generate over one billion dollars per year from in-app payments..." Holy shit. I never would have expected that much revenue from game phone apps, post-play.
Any analysis that proclaims "the internet is X" is one that I am immediately disinclined to trust, because the internet is an enormous and complex medium. Imagine someone saying "books are X" or "movies are X". We know full well that books can run the gamut from shakespearean plays to smutty romance novels to historical autobiographies to technical manuals and so on. The internet is no different. There's no one mode for the internet, there are, perhaps literally, a plethora.
The assumptions made around Bitcoin being "programmable cash" are debatable. It is not moving in that direction - some thoughts on what is going wrong with the Bitcoin economy:<p><a href="http://statspotting.com/bitcoin-economy-one-big-issue-with-the-way-it-is-shaping-up/" rel="nofollow">http://statspotting.com/bitcoin-economy-one-big-issue-with-t...</a>