rich1.0npub1nxlvf9mj3jzgue25n5d9y47s3h5hvg0ded9hwpejdxj9mtrs34vs97wjrvhttps://nostr.ae/npub1nxlvf9mj3jzgue25n5d9y47s3h5hvg0ded9hwpejdxj9mtrs34vs97wjrvnjumphttps://nostr.ae📅 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