From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-1.v43.ch3.sourceforge.com ([172.29.43.191] helo=mx.sourceforge.net) by sfs-ml-3.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1WzRc0-0008EN-8E for bitcoin-development@lists.sourceforge.net; Tue, 24 Jun 2014 14:22:16 +0000 Received-SPF: pass (sog-mx-1.v43.ch3.sourceforge.com: domain of bitpay.com designates 74.125.82.179 as permitted sender) client-ip=74.125.82.179; envelope-from=jgarzik@bitpay.com; helo=mail-we0-f179.google.com; Received: from mail-we0-f179.google.com ([74.125.82.179]) by sog-mx-1.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1WzRby-0002pu-8T for bitcoin-development@lists.sourceforge.net; Tue, 24 Jun 2014 14:22:16 +0000 Received: by mail-we0-f179.google.com with SMTP id w62so425066wes.24 for ; Tue, 24 Jun 2014 07:22:07 -0700 (PDT) X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:mime-version:in-reply-to:references:from:date :message-id:subject:to:cc:content-type; bh=truP/UTg3Vwxqs3p+/91qJMIjo+gFEq3489+UuvkxZw=; b=GmKSNA/0pDx4+cGO3WuMaZBgxLo0Waabuz916YpENdUtfEdAnsDzMRjhhW/pfsHsTg jvHXB4e3OCM1GoXDB7OiCDDFCjBSLED+P8FWO9+0NaZ9qoD3ceDr/Orvhv6GMhe4t7PZ VsND14BxByp5/ax37HZDNkUogqb89RAUTy4p4zMJ9bjKUjvffMabPVb/IrlbVYw+wwlh NxDiptm6qK0/of9Jr+UsH8oZVVpmvuyCpgIiuTvOP3V8K96gDlVu01PyVMdUrCIYj4zf glPawW8lRgo/BsAm/TAtnvQHSl0cdzJCu6IZhImvtBF2wk8a3gnTIkoYS1/YjfWekWKQ 1z0A== X-Gm-Message-State: ALoCoQlG7+bn5pSRXcMn8G0JMLIzEmSeqGLxx/4rnkR9cuVypBhjrydLPBq9w14CAsVGarHJYKMs X-Received: by 10.194.186.178 with SMTP id fl18mr1609113wjc.83.1403619726907; Tue, 24 Jun 2014 07:22:06 -0700 (PDT) MIME-Version: 1.0 Received: by 10.195.12.3 with HTTP; Tue, 24 Jun 2014 07:21:46 -0700 (PDT) In-Reply-To: References: From: Jeff Garzik Date: Tue, 24 Jun 2014 10:21:46 -0400 Message-ID: To: Mike Hearn Content-Type: text/plain; charset=UTF-8 X-Spam-Score: -1.6 (-) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain -0.0 SPF_PASS SPF: sender matches SPF record -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature X-Headers-End: 1WzRby-0002pu-8T Cc: Bitcoin Dev Subject: Re: [Bitcoin-development] Proposed BIP 70 extension X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Tue, 24 Jun 2014 14:22:16 -0000 On Tue, Jun 24, 2014 at 9:27 AM, Mike Hearn wrote: > Wallets would then be able to persist this data to disk and compete on cool visualisations for how much money you saved over time. heh, this is a cool idea. It also seems like it would be subject to instant inflation, as it's unprovable, and a rational economic actor may choose to exaggerate such numbers. It also seems collectively rational by some points of view for all bitcoin actors to inflate this number. At a minimum, I would either add "marketing_" to the field name itself, or include additional comment caveats noting in BOLD language that this field is informational, and should not be relied upon for accounting/auditing purposes. It just seems like a statistic that everyone has an incentive to exaggerate. -- Jeff Garzik Bitcoin core developer and open source evangelist BitPay, Inc. https://bitpay.com/