Andy Parkins [ARCHIVE] on Nostr: 📅 Original date posted:2014-04-24 📝 Original message:On Wednesday 23 April 2014 ...
📅 Original date posted:2014-04-24
📝 Original message:On Wednesday 23 April 2014 15:31:38 Mike Hearn wrote:
> > There _are_ consequences though: 95% of the time, you end up buying
> > something and paying for it.
>
> Yeah, I was imagining a situation in which people who use Bitcoin regularly
> do buy things they actually want, but wouldn't say no to occasionally
> getting them for free (think coffees at starbucks etc). So if their double
> spend fails, no big deal, they're no worse off than if they didn't try.
Again true enough; but then we're back to evenly distributed dishonesty, and
so you still don't get the potential 5% scam being used at 100% capacity.
Andy
--
Dr Andy Parkins
andyparkins at gmail.com
Published at
2023-06-07 15:19:27Event JSON
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"content": "📅 Original date posted:2014-04-24\n📝 Original message:On Wednesday 23 April 2014 15:31:38 Mike Hearn wrote:\n\u003e \u003e There _are_ consequences though: 95% of the time, you end up buying\n\u003e \u003e something and paying for it.\n\u003e \n\u003e Yeah, I was imagining a situation in which people who use Bitcoin regularly\n\u003e do buy things they actually want, but wouldn't say no to occasionally\n\u003e getting them for free (think coffees at starbucks etc). So if their double\n\u003e spend fails, no big deal, they're no worse off than if they didn't try.\n\nAgain true enough; but then we're back to evenly distributed dishonesty, and \nso you still don't get the potential 5% scam being used at 100% capacity.\n\n\nAndy\n\n-- \nDr Andy Parkins\nandyparkins at gmail.com",
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