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.
65 sats \ 8 replies \ @k00b 18 Jul
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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116 sats \ 2 replies \ @k00b 18 Jul
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."
The fees decision was due to self zapping?
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55 sats \ 1 reply \ @k00b 18 Jul
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.
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I'm sorry again! 😉 Still can't blame @grayruby. Laundering is bigger crime than mixing.
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I stand by my wild idea until presented with an even wilder one.
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Maybe @k00b paid him off to leave so he could stay on top of the leaderboard. It'll take more than that to get me to leave, @k00b (but I'm open to the idea).
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Haha! Just suppose if @k00b pays me to stay on top of the LB. Currently, I would only need a 100k zap from him! 5 times less than that of @spain's!
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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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