Re:Self-Enforcing Protocols
by run4yourlives on Tuesday August 11, 2009 @05:53PM
(#756528)
>kind of DoS attack
DoS requires a single actor with a distributed source. If everyone tomorrow decided that gold was worthless, it would be worthless. People don't work like that though. For every person undervaluing their home, there will be people that will overvalue it to the market. It's in the homeowner's interests to have a low taxation rate but a high assessed value. (Like hell I'm buying your house 30% over what you publicly think it is worth).
There are two players, but only the owner is constant.
Re:Self-Enforcing Protocols
by eru on Friday August 14, 2009 @04:00AM
(#762584)
Or solve the problem of homes by not only giving the government the right to buy at the nominal price stated for tax reasons --- but the general public.
DoS requires a single actor with a distributed source. If everyone tomorrow decided that gold was worthless, it would be worthless. People don't work like that though. For every person undervaluing their home, there will be people that will overvalue it to the market. It's in the homeowner's interests to have a low taxation rate but a high assessed value. (Like hell I'm buying your house 30% over what you publicly think it is worth).
There are two players, but only the owner is constant.