On: Bitfinex just spent $23.7M in fees to make a singl...

[tsimionescu]

I get that point, but I was asking for what is then the real reason. The only two I've seen proposed are money laundering (perhaps by collusion with the miner) or mistake (accidentally confusing the transaction amount with the tip - still meaning the intention was to pay $100k in transaction fees).

[rfd4sgmk8u → tsimionescu]

If i was to bet, my money is on a catastrophic fuck up. Its probably 'other peoples money' too. Some VC maybe lost a big bag of ether.