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I’m sure some people could get away with it for some amount of time, but each person in each circle is incentivized to keep an eye out for these personal scheme

by baddox 9y ago

I’m sure some people could get away with it for some amount of time, but each person in each circle is incentivized to keep an eye out for these personal schemes.

Jtsummers 9y ago
Right. Because if I trust a bad actor, but others don't then they'll be spending through me and I'll end up with useless currency.
- baddox 9y ago
  Why wouldn’t others have approximately the same incentive as you to not form a trust link to a liar?