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RE: TIL - To Some : Playing Poker = Gambling ... Even When No Money Is Risked by klye

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @lucksacks.com/til-to-some--playing-poker-gambling--even-when-no-money-is-risked

· @klye ·
To be fair projecting that US law applies everywhere is dumb as shit.

Fuck US law and the feds, incorporate and host offshore and that stupid howey test means fuck all. Incorporate and register in seychelles or some other lawless shithole and good god damn luck getting any sort of subpoena or government over-reach shit pushed through.

Also the comments section of this post is fucking LOL. Anyone in crypto whose gonna go off about unregistered securities is in the wrong fucking hood, most of us are in crypto to skirt federal over regulation and oversight... Should go without saying.. But Snitches get stitches where I'm from. :D

good laugh this shitpost and comments though.. Poker is a game-of-chance / gambling based form of entertainment. Doesn't matter if you're betting millions or fucking chips worth zero, you're wagering against the table and that by definition is "gambling".

Wager infers gambling. Anyone who says otherwise either doesn't have a strong understanding of english or is functionally retarded and / or splitting hairs.
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@bethalea ·
ew, lame (to continue in the theme of this thread, ofc)

also, whatever.
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@klye ·
Just says it likes it is.

Tuck should offshore this shit and open it up to actual money. It'd probably take off quite well. Hell do it anon and host with privex. ez fix.

Hard to grow a poker site when it's just for "funzies".. Few folks wanna waste hours of their week playing for peanuts, most if they are gonna sit down wanna chance to make decent cash else it's just not a great time / value proposition.
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@tuck-fheman ·
Are you the Ray Epps of crypto? 😉

You #FedPost so much publicly that it's concerning.

I'd block you to avoid ending up in some entrapment case after you're mysteriously not arrested, but your takes are so sophomoric that they're actually humurous to read ... in small doses.



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@tuck-fheman ·
> To be fair projecting that US law applies everywhere is dumb as shit.

To be fair, <u>no one did</u>. 

The point was made that the owner of the company making the game in question is based in the USA and the games token is likely a security by the US legal definition according to the owners statement. US law applies in the US and it applies to that token and the owner of the company. 

Where others, who have nothing to do with that company or their token, reside has no legal bearing on anything at all and I'm not sure why you're projecting that someone said it does.

If the owner (who resides in the US) is eventually contacted by the SEC (*which is highly unlikely since the game is vaporware so far and not really gaining any attention outside the few invested in the token*) it will affect all holders of the token no matter where they reside. 

The price of the token is the same all over the world and assuming otherwise is "dumb as shit". If it crashes because it's deemed a security by US law (where the issuer resides) then it crashes for everyone. I'm not sure what's so hard to grasp about this concept, but I will assume you get rekt a lot in crypto.

> Anyone in crypto whose gonna go off about unregistered securities is in the wrong fucking hood

The point was made that the HGC muted a post for "gambling" regarding a freeroll poker site, while allowing posts about a likely unregistered security from a company based in the US (where the law applies) to thrive without being questioned. It just seems like an odd form of selective moderation.

The topic at hand is not unregistered securities, but the moderation of topics and how it is applied. Your understanding of what is being discussed is in the wrong fucking hood.

> Doesn't matter if you're betting millions or fucking chips worth zero, you're wagering against the table and that by definition is "gambling".

Tell me you are not a lawyer without telling me you are not a lawyer.

> Wager infers gambling. 

This is a correct statement when the word "wager" is applied in the proper context by someone who's not completely illiterate on the law.

> Anyone who says otherwise either doesn't have a strong understanding of english or is functionally retarded and / or splitting hairs.

Tell me you have a very small penis without telling me you have a very small penis.
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@klye ·
Game tokens are not considered securities in the US. I could pull up the multiple references from the SEC from this but frankly you're juts gonna argue that the SEC is wrong or some other bullshit, because clearly you're smarter than the governing body of securities. :D


You're honestly going off on this shit it because you put a bunch of work into a poker site that no one uses and other projects are getting greater attention. (ok, a dozen people use lucksacks tops, seems a great use of your skills and time)

You wanna make dick jokes that's cool, I didn't even go there.. But yeah. Make your shit not a waste of fucking time and allow real money play and I'm sure it has a chance to give you the justification in making it that you desire. Or be a little bitch afraid of his govt and it's howey tests and be a toxic cunt to folks, I don't really give a fuck honestly.

You do you. I'm sure folks will line up to play on a site run by such a gem of a human being.
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@tuck-fheman ·
>  I could pull up the multiple references from the SEC

*"I could"* ... 🤣


> You're honestly going off on this shit it because you put a bunch of work into a poker site that no one uses and other projects are getting greater attention. (ok, a dozen people use lucksacks tops, seems a great use of your skills and time)

I enjoy working on Lucksacks regardless if anyone shows up from Hive. It's not the only site I run, but it's the one I enjoy the most because it's where I get to hang out with some longtime online frens and play a game we all enjoy.

The fact that obvious scams continuously take advantage of the Hive ecosystem is irritating and the fact that so many long time users support the scams ... even more so.

> You wanna make dick jokes that's cool

Oh I'm so sorry. I thought we were having fun, considering you were the one who came onto my post hurling insults when I never asked you a Goddamn thing or for your fucking opinion. 😂

> Make your shit not a waste of fucking time and allow real money play

You're fed bait.

> Or be a little bitch afraid of his govt and it's howey tests

I'm just not a complete fucking moron like you spewing online. You're the kind of dumbass who gets arrested because your bravado online exceeds your mental capacity offline. And it's generally little dicks like you who after being arrested turn on everyone else to save their own ass. You fit the profile perfectly, talk a bunch of shit, get popped because of it and then drop dimes on everyone. Stay the fuck away from me fed bait!

> I don't really give a fuck honestly.

lol then stfu and go away. No one asked you for your fucking opinion or wants it.😆

You run some shitty game making a few bucks and act like you're fighting the man! 

lmao, gfto here with that noise. You're a little man with a disease and I don't want you near me cuz you're the type of guy that fucks shit up for everyone else with your big mouth.

> I'm sure folks will line up to play on a site run by such a gem of a human being.

It's a fucking poker site, not a social club for old ladies. Grow a pair one day and stfu with your fed talk on my posts you fucking cancer.

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