Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
boumalo
on 03/06/2014, 17:43:43 UTC
In terms of investment risk, I put full trust in the owner of the site.

I have a question about the risk of 3rd party attack (in particular gov't or regulatory) -

One can imagine emergencies where Doog is not able or available to perform the necessary transactions and 'dump' the sites assets (investments and balances) into the emergency addresses.

Can I assume a 'fail-safe' process is in place to ensure the safe return of all deposits (and investments)?

Ideally, the default mechanism would 'dump' the entire holdings into emergency addresses every single day *unless* the site owner prevents this (because he is both able and available) by saying the 'magic word'.

Knowing that such a mechanism is in place (without the actual details.... of course) might increase investors confidence when news of BTC attacks and seizures is still recent history.

Thoughts?

I asked this question a while ago, I would be very interested by the answer as well even if I am not invested (...)