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A comment on The Limits to Blockchain Scalability. Parent comment

Re:The Limits to Blockchain Scalability by idlewords on Sunday May 23, 2021 @06:07PM (#27259066)
This use case is gambling with extra steps, except the software that runs a slot machine is far better vetted for correctness than a smart contract.

Without money transfer, this system remains a toy system. With money transfer, it becomes a regulatory bypass. No amount of complexity layered on top fixes this.

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Re:The Limits to Blockchain Scalability by puranjay on Sunday May 23, 2021 @06:13PM (#27259110)
Money transfer is impossible to stop as long as P2P exchange exists. My country banned crypto a few years back. I just bought in-person. Nigerian central bank banned crypto recently. Nigerians just exchanged it over Whatsapp

The fact that central bankers are busy banning it should give you an idea how disruptive it is.

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Re:The Limits to Blockchain Scalability by kaladin_1 on Sunday May 23, 2021 @07:09PM (#27259461)
>> Nigerian central bank banned crypto recently

The Nigerian central actually prohibited banks from facilitating or participating in crypto based transactions. You can still trade legally however you want.

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