Decentralised poker is the future - Page 38 - Poker News

sort of.

it is a highly theoretical question, in that it does not take into account some basic laws of business and markets, a point Gzsech has made several times.

Would be akin to us having a physics discussion and saying... lets just put gravity to the side for a moment.

Regulations, liquidity, etc etc etc is the gravity that must be accounted for in the logic

Quote

02-02-2018 , 05:10 PM

#927

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Quote:

Originally Posted by PTLou

I’m more knowledgeable about the history and evolution of poker in relation to law than Gzesh.

Return to the question. What happens...?

Quote

02-02-2018 , 05:18 PM

#928

PTLou

JellyBean

Join Date: Nov 2008 Posts: 5,516

if you agree it is a theoretical question in that the future state of world you you ask about could not happen (given gravity),

then, I will do my best to answer question.

Quote

02-02-2018 , 05:20 PM

#929

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Do u agree new poker sites have a token?

Quote

02-02-2018 , 05:25 PM

#930

PTLou

JellyBean

Join Date: Nov 2008 Posts: 5,516

of course

Quote

02-02-2018 , 06:19 PM

#931

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Cool. Will the value trend stabilize in relation to other sites? What would this mean?

Quote

02-02-2018 , 07:27 PM

#932

PTLou

JellyBean

Join Date: Nov 2008 Posts: 5,516

gravity has nothing to do with ICO sites existing. they do.

gravity here is what some would call market dynamics.

that being said, I'll put gravity to the side for the moment, so I'll need to think through this more carefully.

Quote

02-02-2018 , 07:45 PM

#933

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Quote:

Originally Posted by PTLou

The migration of players is a gravity akin to Adam smiths invisible hand. Hurry please. http://www.ibtimes.co.uk/beautiful-m...-death-1503644

In 1717 newton pegged the British pound to gold. Newton was an alchemist. It is the the pursuit of using math to create gold. He also had revelations in regard to light.

Edit: I read smith too. Few have.

Last edited by Nooseknot; 02-02-2018 at 08:00 PM.

Quote

02-02-2018 , 11:27 PM

#934

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

"John Nash has proposed a new theory of gravity." https://arxiv.org/abs/1702.06833
Its a recent paper.

We need to discuss what happens when the tokens value stabilize

edit: dear mods. I did NOT bring up the topic of gravity first.

Quote

02-03-2018 , 12:24 AM

#935

Gzesh

Carpal \'Tunnel

Join Date: May 2011 Posts: 7,644

Quote:

Originally Posted by Nooseknot

I’m more knowledgeable about the history and evolution of poker in relation to law than Gzesh.

Return to the question. What happens...?

Big hat, no cattle.

Last edited by Gzesh; 02-03-2018 at 12:39 AM.

Quote

02-03-2018 , 12:40 AM

#936

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Quote:

Originally Posted by Gzesh

Big hat, no cattle.

I nelson rose

https://****************.wordpress.com/?s=law

mods let him respond before you ban and delete me.

the 4th and 5th wave of gambling.....

Quote

02-03-2018 , 12:43 AM

#937

Gzesh

Carpal \'Tunnel

Join Date: May 2011 Posts: 7,644

Quote:

Originally Posted by Nooseknot

You can't bow out, ...

https://www.youtube.com/watch?v=i0BTdo6qGwo

Quote

02-03-2018 , 01:01 AM

#938

Gzesh

Carpal \'Tunnel

Join Date: May 2011 Posts: 7,644

Quote:

Originally Posted by Nooseknot

I nelson rose

...

the 4th and 5th wave of gambling.....

You, Nelson Rose ? (In a weird way, if so, that would make perfect sense.)

However, read the 10 Commandments, didn't make me Moses.

Quote

02-03-2018 , 01:33 AM

#939

PTLou

JellyBean

Join Date: Nov 2008 Posts: 5,516

Quote:

Originally Posted by Gzesh

However, read the 10 Commandments, didn't make me Moses.

everything else ITT aside..... that was quite funny.

Quote

02-03-2018 , 02:57 AM

#940

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

From Colonial Lotteries to Satoshi Dice: The 4th and 5th Wave of Gambling is Upon Us https://****************.wordpress.c.../the-4th-wave/

The united states started by colonial lottery. We will explore space by the same way.

Quote:

The history of gambling in the United States has been studied, analyzed, and well documented in terms of its legal history but seemingly never in relation to overall national or global economic conditions, nor in relation to the newly proposed Kula Ring solution by Nick Szabo and John Nash’s lectures “Ideal Money”.
I Nelson Rose coined the concept of 3 waves starting with the Colonial lotteries, moving across WW1 and WWII prohibition and other movements, and the resurgence afterwards of destinations such as Las Vegas and Atlantic City. Rose predicts a total abolition after the 3rd wave, however, by using the theory of the Kula Ring we have shown that the morality of gambling is highly related to the overall underlying economic conditions and therefore quite predictable and not necessarily doomed by pattern or intrinsic fault.
Somewhat contrary to (or more specifically than) Roses’s explanation, historical gambling used as socialist and government type funding of ventures has ended in disaster and created avarice towards the industry while gambling created by worthy private investors with a long term plan has helped our society gain leaps and bounds in the field of technology (specifically but not confined to financial networks and transportation). We propose in the near future gambling will help propel space travel and bio tech fields and proper well constructed regulation and laws could pave the way to expedite this process. Among other points we also suggest a strong and stable global gaming environment is essential for the liberation and self governance of our civilization.
Lastly, and possibly most importantly, decentralization plays an integral role in our analysis and conclusions: we foresee giant industry moguls such as Sheldon Adelson and Steve Wynn will soon pave the way for the Nakamoto Consensus decentralized ID system by providing our civilization with next frontiers of Casino Resort/Online gambling ventures.

Return...What happens with inter site token stability?

Last edited by Nooseknot; 02-03-2018 at 03:05 AM.

Quote

02-03-2018 , 03:27 AM

#941

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Its a very easy question. you can no longer pretend you don't understand it. what is the answer?

Quote

02-03-2018 , 03:30 AM

#942

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

There is a problem in trying to measure effective rake: https://****************.wordpress.c...ffective-rake/

It isn't possible without otherwise a market like hayek says. I solved this problem.

Last edited by Nooseknot; 02-03-2018 at 03:40 AM.

Quote

02-03-2018 , 05:03 AM

#943

Bobo Fett

Carpe Diem

Join Date: May 2006 Posts: 56,896

I'd think at some point, you'd learn to preview your posts and realize when a link isn't working.

Also, it seems like you're really, really regressing now.

Quote

02-03-2018 , 07:27 AM

#944

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

[QUOTE=Bobo Fett;53432704]I'd think at some point, you'd learn to preview your posts and realize when a link isn't working.

Also, it seems like you're really, really regressing now [IMG]https://cdn-images-1.medium.com/max/600/1*Ublwn91SRJPyfbq95bNMXg.png[/IMG]
hugs sir.

Last edited by Nooseknot; 02-03-2018 at 07:36 AM.

Quote

02-03-2018 , 07:46 AM

#945

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Quote:

Originally Posted by Bobo Fett

I'd think at some point, you'd learn to preview your posts and realize when a link isn't working.

Also, it seems like you're really, really regressing now.

bah deleted the stuff i wrote. bobo...thank you for your patience SINCERELY.

Quote

02-03-2018 , 07:53 AM

#946

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

I'm not regressing.

Its not gold but its like gold.

Last edited by Nooseknot; 02-03-2018 at 08:08 AM.

Quote

02-03-2018 , 05:56 PM

#947

PTLou

JellyBean

Join Date: Nov 2008 Posts: 5,516

Quote:

Originally Posted by Nooseknot

Its a very easy question. you can no longer pretend you don't understand it. what is the answer?

You might be surprised how many things I don't understand.

my laymen answer:

From players perspective... switching costs go down. competition goes up. effective rake goes down
Good thing

From sites perspective... switching costs go down. competition goes up. effective rake goes down
Bad thing

Sites are investing the dollars to build and operate site, so they get to decide.

Quote

02-04-2018 , 09:34 PM

#948

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Quote:

Originally Posted by PTLou

So I am intelligible enough. And you are in the correct direction.

Players win. Legacy sites lose.

It's called Ideal Poker.

The serious question now. In regard to the global economy. What happens when the introduction of an apolitical international ecurrency with a stable supply is introduced and it causes the global currencies to asymptotically trend towards exchange price stability?

Last edited by Nooseknot; 02-04-2018 at 09:39 PM.

Quote

02-04-2018 , 11:46 PM

#949

Gzesh

Carpal \'Tunnel

Join Date: May 2011 Posts: 7,644

Quote:

Originally Posted by Nooseknot

A race to the bottom for inputs into production, other than deregulated capital flows ?

Quote

02-05-2018 , 12:08 AM

#950

Nooseknot

banned

Join Date: Oct 2017 Posts: 1,051

Quote:

Originally Posted by Gzesh

A race to the bottom for inputs into production, other than deregulated capital flows ?

Yes astute lawyer. And that would be an apolitical basis that we could peg our money systems too. Better than gold cause gold has flaws and is too singular. And it would be better than a theoretical perfectly chosen array of commodity prices. Such an array would also be political because it would need to be adjusted.

Bitcoin has a self adjustment mechanism it's just difficult to see it's a relevant solution...

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