It basically says micro-payments will solve all of publishings woes. Thats it (oh, and you can do it with Bitcoin).
I'll repeat, its a terrible suggestion, and it was written without any real understanding of publishing and how such a model would actually fail.
This is the part were I apologize for my choice or words and tone. I'm very sorry. I really try to leave more thoughtful constructive comments. However there are so many many "how to save journalism" posts that make happy generic and sweeping statements that I'm nothing but fed up and annoyed by them.