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This use case is gambling with extra steps, except the software that runs a slot machine is far better vetted for correctness than a smart contract. Without mo
by idlewords 5y ago
This use case is gambling with extra steps, except the software that runs a slot machine is far better vetted for correctness than a smart contract.
Without money transfer, this system remains a toy system. With money transfer, it becomes a regulatory bypass. No amount of complexity layered on top fixes this.
- puranjay 5y agoMoney transfer is impossible to stop as long as P2P exchange exists. My country banned crypto a few years back. I just bought in-person. Nigerian central bank banned crypto recently. Nigerians just exchanged it over Whatsapp The fact that central bankers are busy banning it should give you an idea how disruptive it is.
- kaladin_1 5y ago>> Nigerian central bank banned crypto recently The Nigerian central actually prohibited banks from facilitating or participating in crypto based transactions. You can still trade legally however you want.