Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
suchmoon
on 25/03/2014, 05:22:50 UTC
What happens to a buyer who pays in bitcoin and never receives his product?  A vendor that has one or two bad transactions might get away with this, but on a large scale, they will not.  How is this any different from other assumptions of fair play with this or any currency?  If large scale theft goes completely unchecked, then the currency loses value.  Taken to the limit, it has no value.  The "1 to 2 hops" I originally mentioned certainly aren't "gazillions" of transactions.  I've read your responses to "comeonalready" in other threads, don't waste you're time trying to troll me, just stick to reality. 

You probably know something I don't as I still can't see what would prevent the perpetrator to do more than 1 or 2 transactions to launder the loot. Anyway, since it's getting personal, I give up, certainly don't want another Galileo teaching me reality. Take it easy.