From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 381A945E for ; Thu, 30 Jul 2015 15:24:14 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-la0-f43.google.com (mail-la0-f43.google.com [209.85.215.43]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id AE194F7 for ; Thu, 30 Jul 2015 15:24:10 +0000 (UTC) Received: by lahh5 with SMTP id h5so27244583lah.2 for ; Thu, 30 Jul 2015 08:24:07 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:in-reply-to:references:date:message-id:subject:from:to :content-type; bh=Jm6+ps3A5c9EI4V6hR66fgQPmgLYp9qoWwQ9E1z+EQg=; b=P4NGDl7UU152oleexkcYYBEYsUv5Md/xasK/FxCYMrGCObzZG0ZKMDK6B0hO8cRrFA kIZct/h3fJjJi0w1Dbs394eyaZ7T0bdoqhX4AA+T7s537xtEh6Q/6DPan1tSTmi6Zm9/ DIocMgWTtqukKyIxkP1wRV8Sc8pMSRA9uL4poQpGa8IyRIjG38W3BMv0l/qwK32yLSwp qW1gJ59D5y5LyH4SESIuY7gsNUXa/WT0DozoZ353MXO/hpqZza77UuUYqGjnX8vrUWrn RYhcBeflJmNmoOKFSzG3rjrFzJsr7ECFjBVEtb1T5SJPLNx49IZWBV3wDk071d90SQiD l1Cw== MIME-Version: 1.0 X-Received: by 10.112.52.2 with SMTP id p2mr44471218lbo.8.1438269847669; Thu, 30 Jul 2015 08:24:07 -0700 (PDT) Received: by 10.152.18.166 with HTTP; Thu, 30 Jul 2015 08:24:07 -0700 (PDT) In-Reply-To: <2905605.OvbZMWuhGy@coldstorage> References: <1B7F00D3-41AE-44BF-818D-EC4EF279DC11@gmail.com> <55B9EB68.9020703@mail.bihthai.net> <2905605.OvbZMWuhGy@coldstorage> Date: Thu, 30 Jul 2015 10:24:07 -0500 Message-ID: From: Bryan Bishop To: Thomas Zander , bitcoin-dev@lists.linuxfoundation.org, Bryan Bishop Content-Type: multipart/alternative; boundary=001a11c3bb3e5c9517051c194b03 X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,DKIM_VALID_AU,FREEMAIL_FROM,HTML_MESSAGE,RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: Re: [bitcoin-dev] Why Satoshi's temporary anti-spam measure isn'ttemporary X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Thu, 30 Jul 2015 15:24:14 -0000 --001a11c3bb3e5c9517051c194b03 Content-Type: text/plain; charset=UTF-8 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
On T= hu, 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 t= o
be outcompeted and replaced or otherwise regarded as worthless?

Ah, well that'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't be very surprising I think.

=
- Bryan
http://heybryan.org/
1 512 203 0507
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