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You are wrong. But interesting! Take a look a the following scenario where Bob works for Company A and has a monthly salary of 1.5btc: - CompanyA opens a 100b
by phasnox 9y ago
You are wrong. But interesting!
Take a look a the following scenario where Bob works for Company A and has a monthly salary of 1.5btc:
- CompanyA opens a 100btc channel with Amazon
- Bob has an 2btc channel opened with Amazon
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Now lets say, that at a start, channels look like this:
- Company A 100btc -> Amazon 0btc
- Bob 2btc -> Amazon 0btc
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As the month goes through, Bob starts spending his money on Amazon and other stores that have channels opened with them. Company A also spends their money paying suppliers and other expenses. After 2 weeks, channels look like this:
- Company A 40btc -> Amazon 60btc
- Bob 0.75btc -> Amazon 1.25btc
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Its the end of the month, many Clients have payed their bills, and Bob has almost consumed all his salary.
- Company A 95btc -> Amazon 5btc
- Bob 0.5btc -> Amazon 1.5btc
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Now its time for company A to pay salaries. And we go back to step 1. Rinse and repeat.
But I think you are right on one thing. Eventually the 1mb block limit has to be raised.
- wolfgang42 9y agoI think you have changed Bob's scenario halfway through--he has a monthly salary of 1.5btc, yet somehow has 2btc to spend?
- phasnox 9y agoHe has a side project. He sells pancakes.