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It's not particularly difficult for a small start-up to come up with $25,000 in the US. That's modest angel investor money in a small city.
by adventured 3y ago
It's not particularly difficult for a small start-up to come up with $25,000 in the US.
That's modest angel investor money in a small city.
- yieldcrv 3y agoAside from playing devil’s advocate, do you have a sensible reason why it should be this way versus another way?
- kelnos 3y agoI would assume such a system is capable of facilitating fraud, so it's probably good to have some kind of financial hurdle you have to jump in order to use it? Not that having $25k or $50k is a guarantee that you aren't a fraudster, but I imagine there are a lot of would-be fraudsters who don't have that kind of cash on hand. I do think this is a bit of a weak justification, though.
- twosdai 3y agoFunny enough this appears at face value to be the same idea behind proof of stake concensus protcals.... lololol
- deleted 3y ago[deleted]
- ric2b 3y agoSo basically the Twitter Blue argument. If scammers can make more than 50k out of it, they'll pay it gladly.
- amadeuspagel 3y agoThe few scammers that make more then 50k out of it can be caught manually.
- tacocataco 3y agoWouldn't people who steal money have more money then people who dont?