[Foundation-l] EFF & Bitcoins

[Keegan Peterzell]

On Wed, Jun 22, 2011 at 11:16 PM, Tim Starling <tstarling at wikimedia.org>wrote:
>
> If bitcoin is still in use after the minting reward dries up, we will
> have a situation where ever larger pools of GPUs will compete for
> tranasction fees.
>
> So I don't think it can be called "zero-overhead".
>
> https://en.bitcoin.it/wiki/Transaction_fee
>
> -- Tim Starling
>
>
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"It's a profit deal!"[1]

Indeed, despite our altruism, nothing is free.

1. <http://en.wikipedia.org/wiki/The_Jerk>

-- 
~Keegan

http://en.wikipedia.org/wiki/User:Keegan