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Re:Bored Ape virtual land sale breaks Ethereum by serf on Monday May 02, 2022 @05:53PM (#31241454)
one could argue that surge pricing on Uber during the holidays feels 'broken' in the same respect, but the characteristically high costs during those times are precisely the indicator that the system is working as intended.
Re:Bored Ape virtual land sale breaks Ethereum by vkou on Monday May 02, 2022 @05:56PM (#31241483)
If someone tried to pitch to me that we should replace the existing car, taxi, and bus infrastructure with 'transit 3.0' that sometimes has the cost of a ride increase by ~500,000% - I'd laugh them out of the room.

Even if their system were 'working as intended'. A footgun is working as intended when it sends you to the hospital - and it's defective by design.

Re:Bored Ape virtual land sale breaks Ethereum by rglullis on Monday May 02, 2022 @06:00PM (#31241537)
This is exactly what happens with "surge pricing" on Uber.
Re:Bored Ape virtual land sale breaks Ethereum by spixy on Tuesday May 03, 2022 @02:41PM (#31251892)
with those 500,000% prices?