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RE: Byzantine Generals Problem and The Double-Spend Debacle

in LeoFinance3 years ago

I realise Steem wasn't a double spend attack. This example was to show that in crypto space one can attack, centralise, play dirty games and all, whilst the token price still is up. Sure, it did cost Justin money. But you don't think others are buying into Steem continously because of prices not coming down? Many in crypto space don't really look at the chain itself. They just buy for whatever reason. As they sell for whatever reason. At least it appears to me like that :)

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All short term price action is simply speculation.
Justin Sun spent money yesterday with the intent of making money tomorrow.

Justin Sun spent money yesterday with the intent of making money tomorrow.

Thats the business man approach :)