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RE: Bitcoin Median Transaction Fee $5 USD. Exodus wallet charges $61. Ridiculous.

in #bitcoin7 years ago

https://wagerr.com/wagerr_whitepaper_v1.pdf What do you make the Oracle Masternode scheme in their whitepaper? Seems like an interesting option for exposure to the decentralized betting markets. you only need 25,000 wagerr to qualify for a masternode and its currently trading for $0.12/wagerr.

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Not sure, there are many other more popular betting platforms at the moment. Personally the whole concept does not interest me, Augur, Round, ect. When the printing press started to get regular use, they first made Bibles. Then one of the very first things that followed was old-school porn/smut. The reason is, when an innovation hits that enables a new behavior perhaps past the barriers of prior restriction, the first thing people want to go for this the obvious illicit / shady activities. After they do this, they figure out real innovation in terms of the actual power of the technology invented.

Every time I see someone launch and hype their gambling project in crypto, I think how unimaginative. With gambling, it is less about the system, and more about the marketing, bells and whistles, and allure of drawing a crowd. Wagerr could be the system, but you need bells and whistles to attract most gamblers to use a system.

Alright, I get it. You don't like the industry. But look at the economics of it. for about $3,300 right now you could have an Oracle Masternode and this thing could just be an annuity. It's essentially like staking your coins with DASH. So I'm curious for your perspective on that aspect, less so about what they're trying to attract.

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