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authorBryan Bishop <kanzure@gmail.com>2015-07-30 10:24:07 -0500
committerbitcoindev <bitcoindev@gnusha.org>2015-07-30 15:24:14 +0000
commitc4313ec63f96019287a3e161174932d2c3fe7048 (patch)
treec64c983e863afdccc25edcf4a4499f46ba4bfe23
parentd46cfa40d847627163c12379a2c73db4e488bbfb (diff)
downloadpi-bitcoindev-c4313ec63f96019287a3e161174932d2c3fe7048.tar.gz
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Re: [bitcoin-dev] Why Satoshi's temporary anti-spam measure isn'ttemporary
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+Date: Thu, 30 Jul 2015 10:24:07 -0500
+Message-ID: <CABaSBaxyQja9bqDsyfWubR1R-Xf2tqmSmU-GW_z7VQTxbBagrQ@mail.gmail.com>
+From: Bryan Bishop <kanzure@gmail.com>
+To: Thomas Zander <thomas@thomaszander.se>,
+ bitcoin-dev@lists.linuxfoundation.org, Bryan Bishop <kanzure@gmail.com>
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+Subject: Re: [bitcoin-dev] Why Satoshi's temporary anti-spam measure
+ isn'ttemporary
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+On Thu, Jul 30, 2015 at 9:52 AM, Thomas Zander via bitcoin-dev <
+bitcoin-dev@lists.linuxfoundation.org> wrote:
+
+> What makes you think that when there is such a low availability of
+> transaction
+> space that paying to be included costs you $10, that Bitcoin is not going
+> to
+> be outcompeted and replaced or otherwise regarded as worthless?
+>
+
+Ah, well that's simple. Because any decentralized system is going to have
+high transaction costs and scarcity anyway. So far the only mechanism we
+know for how to do this is something like bitcoin. As a centralized system,
+bitcoin is already strongly outcompeted by many, many other designs, so
+that shouldn't be very surprising I think.
+
+- Bryan
+http://heybryan.org/
+1 512 203 0507
+
+--001a11c3bb3e5c9517051c194b03
+Content-Type: text/html; charset=UTF-8
+Content-Transfer-Encoding: quoted-printable
+
+<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote">On T=
+hu, Jul 30, 2015 at 9:52 AM, Thomas Zander via bitcoin-dev <span dir=3D"ltr=
+">&lt;<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_b=
+lank">bitcoin-dev@lists.linuxfoundation.org</a>&gt;</span> wrote:<br><block=
+quote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc=
+ solid;padding-left:1ex"><div id=3D":101l" class=3D"a3s" style=3D"overflow:=
+hidden">What makes you think that when there is such a low availability of =
+transaction<br>
+space that paying to be included costs you $10, that Bitcoin is not going t=
+o<br>
+be outcompeted and replaced or otherwise regarded as worthless?</div></bloc=
+kquote></div><br>Ah, well that&#39;s simple. Because any decentralized syst=
+em is going to have high transaction costs and scarcity anyway. So far the =
+only mechanism we know for how to do this is something like bitcoin. As a c=
+entralized system, bitcoin is already strongly outcompeted by many, many ot=
+her designs, so that shouldn&#39;t be very surprising I think.<br><div><br>=
+</div><div class=3D"gmail_signature">- Bryan<br><a href=3D"http://heybryan.=
+org/" target=3D"_blank">http://heybryan.org/</a><br>1 512 203 0507</div>
+</div></div>
+
+--001a11c3bb3e5c9517051c194b03--
+