3 ms·
If these coins are so straightforward to attack, then what's stopping people? What's defending rational actors from doing the rational thing and squeezing their
by tCfD 8y ago
If these coins are so straightforward to attack, then what's stopping people? What's defending rational actors from doing the rational thing and squeezing their networks for all the guaranteed real returns of real money they supposedly protect with such brittle defenses? Either the operative definition of attack is too rather shallow to explain this inexplicable lack of attacking (i.e. something other than hashrate/stake is a major factor in the defense of these coins), or the expectation of return from said attack is rather too high.
- jmcqk6 8y ago>What's defending rational actors from doing the rational thing and squeezing their networks for all the guaranteed real returns of real money they supposedly protect with such brittle defenses? I guess by "Rational Actors" you mean sociopaths? I'm not commenting on the underlying point. I don't know if these coins are vulnerable or not. But there seemed to be something very depraved about this sentiment in the quote above, and I couldn't leave it alone. I understand that some people only care about gathering as much money as possible. But that is not to be called "rational." Rational people understand that going around and screwing people over for your own benefit has consequences for yourself and others that are not positive.