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RE: The Incentives of Steemit - Part 1 Unitentended Consequences

in #steem6 years ago

But the point was that those who tried to set up the system first got it wrong. They expected fatalities to drop when they no longer took pursuit. What they didn't realize was that they were inadvertently setting up an incentive to flee at high speed (the chance that the criminal would get away).

We must always keep our eyes open for those unintended consequences...