3 ms·
It's like being paid in IOU: "1% of this lottery ticket's winnings". There's multiple layers of risk and trust, too many dependencies. The transaction is too c
by stephengillie 11y ago
It's like being paid in IOU: "1% of this lottery ticket's winnings".
There's multiple layers of risk and trust, too many dependencies. The transaction is too complicated and takes too long to complete. So the probability for exceptions to occur is great, and handling for those exceptions will likely fail due to the complicated nature of the transaction.
- MCRed 11y ago%0.01 Because even if it's %1 at the time you join, by the time the lottery ticket can be cashed in it will be diluted, plus liquidations preferences, etc.