just a side note, if you were right, that there is no pathology in what I higlighted above - there wouldn't be such quite funny memes in existence:

![Meme](https://i.redd.it/438h3b6hif221.jpg)

free riders in its finest ;)

jk_14

Stakeholders (passive users) will have Friedman's free lunches on cost of active users.

Not so. Hodlers' money can't be moved without their signature even in the case of a 51% attack. The miners protect the active users, therefore it's fitting that they should pay for it.

Anyway, such pathological system definitely is not a part of Satoshi's vision. That's painly clear.

Check out "The Book of Satoshi", chapter 5 "The 51% attack", verse... umm... verses are not numbered yet: "Even if a bad guy does overpower the network, it's not like he's instantly rich. All he can accomplish is to take back money he himself spent, like bouncing a check." ... etc

bitcoin

Milton Friedman & undeniable beauty of proof of future spiral of death Q.E.D.

> Stakeholders (passive users) will have Friedman's free lunches on cost of active users.

Not so. Hodlers' money can't be moved without their signature even in the case of a 51% attack. The miners protect the active users, therefore it's fitting that they should pay for it.


> Anyway, such pathological system definitely is not a part of Satoshi's vision. That's painly clear.

Check out "The Book of Satoshi", chapter 5 "The 51% attack", verse... umm... verses are not numbered yet: "Even if a bad guy does overpower the network, it's not like he's instantly rich. All he can accomplish is to take back money he himself spent, like bouncing a check." ... etc