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.
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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.