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Originally Posted by SageDonkey
but have doubts about how soon it will be adopted by the major poker providers, or accepted by the bulk of players as a safe and normal way of playing.
The tech hasn't been ready all these years but its basically on the cusp now. Having larger awareness and bigger money head towards supporting emerging projects I think would push it over the edge. There were security hurdles but I think the significant ones have been passed. The interesting part about poker is that it can "break" but still have segregated funds that aren't destroyed from the players view. Like if there is a security exploit in the game play it doesn't affect the money. So it doesn't really need to be tried test and true before players rely on the tech.
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The whole on line poker market is also under threat of player per site dilution if most of the announced/rumoured new sites launch.
I see differently. Dilution would be bad, but competition would be welcomed by the players imo. Its been many years since poker stars had to adjust to its competitors.
I think many projects will arise and a few good ones will really rise to the top. These sites will be sites the players choose, not governments via regulation and payment processor restrictions.
In a truly p2p landscape (which is further away I agree and admit) there is "dilution" just players playing the games they want, when they want, and how they want...without relying on the operator to solely choose.
I mean imagine you just spent a year and a million dollars (my guess of what Phil had in the bank for this)...and then you walk into this landscape of emerging crypto based/hybrid p2p projects arising en masse.
Poker is about adjusting. Galfond needs to adjust NOW. My guess is he has given up and doesn't have the heart to announce it.