[Asrg] The fundamental misconception about POSTAGE METERS

[John Levine]

>> All the sender does is present his identity.  The recipient's postage
>> meter issues a stamp which is only good for sending one message to that
>> recipient.  The sender's "coin" has to come from a bank trusted by the
>> recipient   [...]

>> But can we please stop arguing from the assumption that senders can
>> arbitrarily print and re-use one stamp for many recipients?

In the scenario above, what happens when a sender buys one coin and
simultaneously presents it to 1000 recipients?

R's,
John