This is a quote from the book "On Zero Confirmation Transactions" by Chris Pacia
...raud, hardly seems good for the value of your mining operation.
read full book
Furthermore, maybe miners (correctly) recognize that the only use case for the replace-by-fee policy is to defraud me
rchants and don’t want to take part in an activity is clearly immoral and likely also illegal. Now to clarify, there is a lesser form of replace-by-fee, called “first-seen-safe” which is u
seful for bumping transaction fees on transactions that get stuck, but does not allow double spending. The “full” replace-by-fee we are discussing here has no other purpose but to allow mine...