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109 sats \ 23 replies \ @grayruby 18 Jul 2024 \ parent \ on: This Day in Stacker News: July 18th meta
Was he trying to use SN as a mixing service?
I Also felt the same! Who would have zapped him that big for a price chart!
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I think most of the early users were his buddies, so it might have just been an easy way to zap some sats over for something else. Who knows?
My mind also went straight to money laundering or something like it. No judgement, of course.
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This was before we took our Sybil fee so people were self-zapping a lot.
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What was the benefit of self zapping back then? Did SN pay out daily rewards? and even if you did it couldn't be much.
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Rewards weren't introduce until about a year in I think. A lot of it was "look what I can do, i've outsmarted k00b."
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And you were like ..
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The fees decision was due to self zapping?
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Yes, that's the only reason we take a zap fee. It's probably still too low though tbh.
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10% as it stands is good enough, imo. You can increase it by 1 or two percent but increasing it by 100% or 200% won't be a great idea.
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Should we call it Zapperbation?
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No judgement but it's what it is! I smell it and only @spain might have answers! Nothing by him after June 2022. Has he left forever after such an impressive run!?
Also, at that time it was like $100. Not such a big amount to be thought about laundering or mixing!
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It was more than $100 at the time. Bitcoin was around 40k in July of 2021 but regardless not a significant amount which is why I think it was a test transaction.
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Yes, so @Undisciplined's allegations of laundering or mixing hence hereby get rejected!!
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I didn't say mixing. Don't saddle me with @grayruby's deranged conspiracy theories.
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Ahh! I'm sorry! I can't blame @grayruby he owns ~stacker_sports!
You just said
My mind also went straight to money laundering or something like it.
I thought 'something' has a hint to 'mixing'.
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It was more of a hint that I don't know exactly what I'm talking about.
I stand by my wild idea until presented with an even wilder one.
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I don't believe there were fees back then so if someone wanted to zap sats from one account they control to another account they control they could easily do that.
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