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RE: Betting Games on Steemit Need Rules
...where people are or could be victimized.
Really, really "victimized". The stealing of cost of an upvote is victimizing people?
I talked about these games here and here
I'm up for full disclosure. It is a must, but remember most of these games are processed off blockchain. The first rule of blockchain is, if it isn't written to a block, it didn't happen.
Don't you think the market has enough power to regulate these games on it's own?
Why don't you create your own game? Out-compete your competition.
Yes, it is. Because its taking something of value through deception.
But your point, that its not a significant victimization has merit.
Here's the problem though. Of all the gambling sites that have stolen huge amounts of money (and there are a lot) none of these thefts or abuses has started out big. They accrue with time. The FTP reserve deficit started out at a few percentage points, used to fund some advertising. Then it grew with the company.
The guy who can steal a vote today can steal a dollar tomorrow, and 10 dollars next month, and 100 dollars next week.
I think it could be written to the blockchain (and i agree with you that it ought to be)
Being a victim is really in the eye of the beholder. I am not judging.
I am a big fan of disclosure and transparency. I like the "trust but verify" mentality
Running games is not really an interest of mine. But I think you have a point, that others could create a game and follow these rules. I bet they would be competitive. I would vote for them.