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MusaTheRedGuard | 7 years ago
Second, legality is subjective around the world. It is currently illegal in the US to gamble online, for some reason, even though casinos and lotteries are a thing.
It is illegal in many countries to transfer a certain amount of money out of the country, for some reason.
Certain sexualities are illegal in quite a few countries.
Illegal != bad
gregschlom|7 years ago
I'm saying: you need the blockchain if and only if you are doing things that are illegal in your country. It's a decision criteria for when you need the blockchain.
I'm making no moral judgement. And there are very good reasons to want to do things that your government deems illegal (for example, donating to a political organization that has been blacklisted)
skilgarriff|7 years ago
That's an improvement over the existing system. I don't have to trust anyone in between to get my money to him.
How would that be as possible and as "trustless" without blockchain?
MusaTheRedGuard|7 years ago
In case it wasn't clear, the usecases i mentioned above (gambling, getting around capital controls) exist and are live in crypto right now.
oarabbus_|7 years ago
This is, at face value, simply false.
I want to send $5 to a poor African family. I'll even relax my criteria - I'm willing to wait _up to 3 business days_ for this African family to receive my $5. I live in California.
Could you please point me towards the non-blockchain way to do this?
unknown|7 years ago
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jayd16|7 years ago
MusaTheRedGuard|7 years ago
unknown|7 years ago
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