There is no transaction that says, maybe, but let me check with this other smart card first. The effect is tyo mask yhe queu from the bot, no bot is better able to observe transaction congestion. The bot has no way to prioritize, hence, there id no recursive danger, It become a sequence, and there is no time element. Time only plays a role in transaction costs,the slower the transaction, the more costly.
No time in yield calculations either, its all combinatorics, finding the yield curve of the typical sequence. Given a uniform transaction rater, terms can be determined, but we plan for asynchronous transaction,timeless.
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