Post
Topic
Board Bitcoin Discussion
Re: not regulation, but do we need a "moral/ethics contract"?
by
forboon
on 12/04/2014, 17:22:18 UTC
In short, no.

We must understand from the wealth of nations that a change in the efficiency of exchange is not a separate change from the rest of the world.  I have used nash's concept of bitcoin/ideal money, to re write the way poker contracts are laid between a player and their investor.  In this way, contracts would have become less regulated as the natural state of affairs actually holds morality intact.  I do not expect many to understand what I have said there but some will.

We have also re written the wealth of chips, that is the poker economy with respect to exchange of currency for chips (playing on a website). And shown that unbeknownst to today's society, bitcoin has effectively eliminated raked poker (x% of monies paid to the house).  In this we will soon be able to understand that John Nash's concept of hypercurrency (bitcoin/ideal money), can be used to change any industry in the world, and will indeed to so.