Assuming everything physical gets tokenized (as occasionally gets predicted), people could soon literally lose their house on a bet! Maybe even a bet placed by their swarm of agents. The future's so bright, I gotta wear shades!

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Terr_ 5 hours ago | parent | next [-]

Worse: It won't even be your own bet that does the damage.

It'll be bets collected (or "lost" bets which are actually payments) by other parties that have an interest in an outcome which involves whether you lose your house.

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mikrl 5 hours ago | parent | prev | next [-]

Bet your shirt AND the farm from the comfort of your phone

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testaccount28 5 hours ago | parent | prev [-]

as a wise guy once said, "a grown man made a wager; he lost."

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pixl97 4 hours ago | parent [-]

Hence why we drastically reduced the number of wagers/addictive risk taking because of its cost on society.

The libertarians here will say "oh yay, we've won". Then a few years later they'll cry about your mom losing her house to a gambling scam with no recourse. Then they'll cry again when the voters finally rid themselves of the gambling scourge years later.

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testaccount28 2 hours ago | parent [-]

some people like gambling. for them, risking money is an efficient way to purchase a thrill. do we not care about them?

	▲	pixl97 2 hours ago \| parent [-]
		People like doing Crack, do we not care for them?