Atilla
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I'll bite on your idea 🙂
As a player why on Earth I would go and pay transaction fees to buy and sell chips (the fees will have to go to pay the "miners" to support the blockchain ledger - nobody will do it for free). I will just chose a company having a centralized ledger and no transaction fees instead - basically every current online casino or poker site.
As a company why, I would give control to the "miners", if someone gets more than 50% control, they can do whatever they like with the ledger - it is absolutely unnecessary risk to take for no gain... Unless you are a company selling frozen juice and change your name to blockchain to get a short term boost in the stock price, so some of the executives can cash out at the top...
As you can see in your example, those are very big problem and that's why 25 years after the blockchain was first conceptualized and almost 10 years after Satoshi implementation, there is still no use in the real world...
Sorry Quant I was only responding to your challenge to name but one token idea where people who play poker daily uses such a scheme.
I think in the future there may well be similar ideas.
I see the demise of the US $ happening as we speak so I do feel some future money - be it crypto, is in the making.
I also wondered how or why people in a game called second life put up real money on fictitious hyperspace to buy and sell property. Also in game play, players can buy and sell weapons all in a digital world.
I didn't think much of facebook either. Crazy to see daft valuations on earnings that'll take 150 years to gain. Just my tuppence.
So I don't know any more as techology goes, there are no limits. What now with solar power I don't see planet earth running out of juice or ideas anytime soon.
Interesting debate. Forgive me for being cheeky. I thought Timsk reply was also great.
👍