2 ms·
Seizing the money raised in the distribution of the reputation isn't going to shut down Augur any more than seizing Satoshi's house and putting him in prison wo
by aianus 11y ago
Seizing the money raised in the distribution of the reputation isn't going to shut down Augur any more than seizing Satoshi's house and putting him in prison would shut down Bitcoin. At a certain point (Augur and Ethereum aren't there yet) it just takes on a life of its own beyond its creators.
I mean, Bittorrent ostensibly had a "central organization" at one point but there's nothing you could do to it that would shut down the protocol.
- joosters 11y agoI take your point, and I don't expect any legal action against Augur until (if?) it grows big, by which time it will have less of an obvious core. But there will still be identifiable promoters, e.g. anyone hosting a website advertising/facilitating Augur. I'd guess that these people would be the ones at risk, rather than the individual bettors. Anyway, I'm watching its development with interest, but I suspect that it won't become a big success.