Re: e-postage stamps, was Welcome to the new(ish) ASRG list

On March 18, 2013 at 21:44 [email protected] (John Levine) wrote:
 > > > If that's not what you mean, the double spending problem is what makes
 > > > the giant transaction system intractable.
 > >
 > >Counterfeiting has been a problem with physical money and postage
 > >since they were both invented (for postage think: metered stamping of
 > >bulk postal mail.)
 > 
 > Double spending has nothing to do with counterfeiting.

You're splitting hairs, if I spend the same token more than once the
subsequent tokens are in effect counterfeit.

Fraudulent, if you prefer.

I can also replicate a (paper) postage meter stamp on an envelope over
and over with a color printer w/o moving the postage meter's meter
forward.

I'd call that counterfeiting but we could choose another word.


-- 
        -Barry Shein

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