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Re:Reddit mods dumped tokens hours before blockchain program... by AnonCoward42 on Sunday October 22, 2023 @02:18AM (#37973239)
Our current money system has the properties that give way to gambling. You can't pretend that gambling didn't exist before crypto.
Re:Reddit mods dumped tokens hours before blockchain program... by anonymouskimmer on Sunday October 22, 2023 @09:57PM (#37980772)
Very few people are swapping yen and euros trying to get rich from them.

The standard gambling that happens with "our current money system" can also happen with self-written IOUs. This kind of gambling isn't about the money, per se, whereas with crypto you get an additional kind of gambling on the currency itself.

Re:Reddit mods dumped tokens hours before blockchain program... by AnonCoward42 on Monday October 23, 2023 @04:36AM (#37983026)
For Yen and Euro it makes less sense since these are relatively stable, but for less stable currencies that is actually a thing. The definition of gambling you are talking about is built into our monetary system.

I give you the point that it is harder (not impossible) to enforce any regulations on these currencies. It's like cash in that sense, but it has easy access and there are plenty of options of cash, which is unlike regular cash.