All posts made by dmcdad in Bitcointalk.org's Wall Observer thread



1. Post 2168446 (copy this link) (by dmcdad) (scraped on 2020-04-04_Sat_10.59h):
Quote from: Coinseeker on May 16, 2013, 01:22:07 PM
Quote from: Pale Phoenix on May 16, 2013, 01:13:35 PM
Satoshi Dice has announced that it's blocking U.S. IP addresses from accessing the site:
https://bitcointalk.org/index.php?topic=77870.msg2164694#msg2164694

Lot's of red over at MPEX http://mpex.co/?mpsic=S.DICE

Yup, the United States is getting ready to be isolated completely, just like what happened with poker.  You don't have to kill the sites, you just have to block the flow of money.  The people at Satoshi Dice were wise to take the advice of "legal counsel" and not the advice of the internets ideological "elite".  Seems the love of money does trump hardcore principles after all.  Hmmm....imagine that.
And yet more and more fiat conversion opportunities open themselves up daily (today it is Webmoney, which is *huge*). Will some spigots of conversion be turned off? Definitely. Will enough other fire hydrants be built to ensure a liquid BTC economy? I think so. Time will tell. Trying to plug the flow of BTC liquidity/fiat conversion is going to be very difficult to accomplish. Totally different scenario than cutting off ACH or CC payments to gambling sites.