📅 Original date posted:2014-06-24
📝 Original message:On Tue, Jun 24, 2014 at 10:21:46AM -0400, Jeff Garzik wrote:
> On Tue, Jun 24, 2014 at 9:27 AM, Mike Hearn <mike at plan99.net> wrote:
> > Wallets would then be able to persist this data to disk and compete on cool visualisations for how much money you saved over time.
>
> heh, this is a cool idea.
>
> It also seems like it would be subject to instant inflation, as it's
> unprovable, and a rational economic actor may choose to exaggerate
> such numbers. It also seems collectively rational by some points of
> view for all bitcoin actors to inflate this number.
Rather than offering discounts, how about offering automatic cashback?
I know they're kinda stupid, but I gather cashback deals are very
commonplace in the US and (probably as a result) not unheard of elsewhere.
So you add an optional cashback_to field to the Payment message,
distinct from but conceptually similar to the refund_to field. The
wallet can tally up how much cashback is received, without having to
trust the merchants.
Much harder to game, AFAICS.
roy
Roy Badami [ARCHIVE] /
npub1tr…0f95j
2023-06-07 17:23:19
in reply to nevent1q…da57
Author Public Key
npub1trckpcxmceskq4cykxgwxm63n8ugrjrpu5mk83c90e4upsf7d9gqf0f95jPublished at
2023-06-07 17:23:19Event JSON
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"content": "📅 Original date posted:2014-06-24\n📝 Original message:On Tue, Jun 24, 2014 at 10:21:46AM -0400, Jeff Garzik wrote:\n\u003e On Tue, Jun 24, 2014 at 9:27 AM, Mike Hearn \u003cmike at plan99.net\u003e wrote:\n\u003e \u003e Wallets would then be able to persist this data to disk and compete on cool visualisations for how much money you saved over time.\n\u003e \n\u003e heh, this is a cool idea.\n\u003e \n\u003e It also seems like it would be subject to instant inflation, as it's\n\u003e unprovable, and a rational economic actor may choose to exaggerate\n\u003e such numbers. It also seems collectively rational by some points of\n\u003e view for all bitcoin actors to inflate this number.\n\nRather than offering discounts, how about offering automatic cashback?\nI know they're kinda stupid, but I gather cashback deals are very\ncommonplace in the US and (probably as a result) not unheard of elsewhere.\n\nSo you add an optional cashback_to field to the Payment message,\ndistinct from but conceptually similar to the refund_to field. The\nwallet can tally up how much cashback is received, without having to\ntrust the merchants.\n\nMuch harder to game, AFAICS.\n\nroy",
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