Quote from: User705 on November 17, 2013, 09:16:35 AM

Quote from: AnonyMint on November 17, 2013, 09:13:43 AM

Quote from: DeathAndTaxes on November 17, 2013, 09:09:10 AM

Quote from: Chaz on November 17, 2013, 09:06:51 AM

Also, if they are not doing it off-chain as you say, how on earth they are able to withhold a transaction I send from my non-cartel wallet.

They can't. He is saying you (and 99% of other Bitcoin users) will be stupid enough to use their fee withholding cartel wallet. Of course the OP isn't stupid enough to do that, just everyone else in the world is. The OP needs to save you from yourself.

I am saying the masses don't know and don't care. They are not as paranoid as we are. They just want to click a button and order their Pizza. They have no clue how it all works behind the scenes. The go to Dominos Pizza and click the button the website. They don't go searching for a Bitcoin client.

Exactly. So it's easier to keep selling them overpriced money making machines instead of running those machines yourself.

Cartels have the incentive of cutting out their competition by offering lower transaction fees. They also have the other choice to keep transaction fees for themselves instead of trying to build market share.

Both of those are easy as doing nothing bad and both are more profitable.

Either way, they siphon from the Bitcoin mining network.