3 ms·
They need a stable-coin.
by all2 5y ago
They need a stable-coin.
- pjc50 5y agoSounds like they already have one.
- all2 5y agoI was thinking something more stable than "buy for X and sell for X/10". Probably something not controlled by Roblox at all (USDC or DAI?). That would be giving up a lot of control, but it would solve the problems they're giving the kiddos.
- rtkwe 5y agoYeah Roblox doesn't want that. They want to be able to take a cut every chance they get and also to encourage people to just keep their money in Roblox to keep it moving through purchases so they can keep taking 75% cuts instead of the /only/ 65% they taken when someone cashes out.
- ashtonkem 5y agoClassic case of trying to use technology to fix a regulatory issue. You can’t use technology to fix the fact that Roblox wants to extract value from its creators twice. Either they’d create a crypto currency with the same exploitive structure, or you’d have to fight to legally force them to pay out fairly using whatever crypto they settle on. And by the time you’ve done the latter, you could’ve just forced them to pay in USD.
- kortilla 5y agoThey can already solve that problem, it’s literally a rate they program. They don’t need a shitcoin to do that.