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Author Topic: Pokerstars missing on a great opportunity  (Read 1956 times)
hugolp
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July 23, 2011, 02:50:23 PM
 #21

Sure, that's all fine. The issue is not taxation or tax-evasion. My question is basically: how does the gov draw the line of what's considered play-money and what's considered real-money? This is clearly relevant since gambling with real-money in the US is only legal in select physical jurisdictions, yet playing poker on Zynga, as noted above, is perfectly legal despite the fact that there is effectively an exchange rate between USD and Zynga chips... But, if a poker site denominated in Euros allowed US players, it would pretty quickly get some Department of Justice attention. So where's the distinction?

This might be the reason:

Quote
Zynga is the only authorized seller of Facebook chips (or MySpace poker chips, etc.) in its games. Everyone else is engaging in fraud and/or breaking various laws.
http://www.zynga.com/about/poker-chips.php

Any buying and selling of the chips is ilegal and thats why they dont care. They are hard to sell. Its not really competition for the dollar.
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guywhogotgoxed
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July 23, 2011, 03:01:01 PM
 #22

Pokerstars are not missing out on anything.

Ask yourself why the major poker rooms are not flocking to bitcoin. Therein lies the answer.
I dont understand what you mean. Why wouldnt they want to accept BTC?
bitcola
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July 23, 2011, 05:08:17 PM
 #23

Pokerstars are not missing out on anything.

Ask yourself why the major poker rooms are not flocking to bitcoin. Therein lies the answer.
I dont understand what you mean. Why wouldnt they want to accept BTC?

Let's go back to my question: Why would they want to accept BTC?


You've got to give someone a reason to use a new currency. You don't just assume they use it anyway and only stop using it if they have reason not to.


I'll start with one reason (there are many more): volatility. What business wants to accept a highly volatile currency? Now I know that bitcoins have been more stable the last few weeks. But weeks are nothing. Companies hate it when currency changes even 10% over one year.
BTCSports
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July 23, 2011, 05:25:22 PM
 #24



This might be the reason:

Quote
Zynga is the only authorized seller of Facebook chips (or MySpace poker chips, etc.) in its games. Everyone else is engaging in fraud and/or breaking various laws.
http://www.zynga.com/about/poker-chips.php

Any buying and selling of the chips is ilegal and thats why they dont care. They are hard to sell. Its not really competition for the dollar.

Just because they put it on their website doesn't make it a fact. 

It is neither fraudulent nor illegal to sell Zynga Poker chips, it is simply against their TOS.  Their TOS is "illegal" in that it doesn't comply with the First-Sale Doctrine as it applies to copyrighted material; which basically states that a person who purchases something that is copyrighted has the right to sell, lend or it give away.  Zynga's main offensive weapon against anyone selling Zynga Poker chips on the secondary market is to claim copyright infringment when the first-sale doctrine specifically immunizes a reseller from such liability.

Anonymous
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July 24, 2011, 04:38:16 AM
 #25

They should use bitcoin on google plus.

Bye bye facebook.   Smiley
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