Tokenization as a Way of Regulation Compliance

in #poker6 years ago

Thinking about bots or cheaters and how they cannot be stopped. I've made the conjecture, or shown, that Coinpoker's (for example as the first of more to come with this token model) token CHP's will have an exchange value that highlights the honesty or value of the underlying operations from the players perspective (where players act also as investors in the sense that they benefit from the CHP's they hold). So if there were a ton of cheating such that the games were tending towards GTO, this would show in the value trend of the token.

If that is agreeable then it could be shown that a site like ACR could be made more honest if regulators FORCED them to tokenize.

This would have significant ramifications for not only the poker industry but I think the regulations that get applied to emerging token model businesses.

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I had never seen it from that point of view but you are not far from reality
you have made me think

What are you thinking about?

force regulators to tokenize

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