Comment by salynchnew

Comment by salynchnew 3 days ago

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This is, unfortunately, a problem that many tech companies have made worse and more accessible as they have removed friction from these systems.

Most folks will remember the 2019 temination of lootbox key trading for CS:GO on Steam.

https://www.bbc.com/news/technology-50262447

https://www.gamesindustry.biz/research-identifies-suspicious...

https://www.sciencedirect.com/science/article/pii/S266628172...

I'm not sure what good ways there are to manage this generally, other than limiting the size or types of financial transactions that can occur within a system.

reactordev 2 days ago

You can thank Cryptic Studios for the loot box virus...

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ETH_start 2 days ago

Trying to stop money laundering via mass surveillance of people's transactions is futile and creates far more losses than gains for society. It is what's responsible for the epidemic of debanking that has emerged over the last decade.

https://en.wikipedia.org/wiki/Debanking

"The Financial Conduct Authority reported that banks in the UK were closing nearly one thousand accounts daily, with just over 343,000 closed in 2022, compared to about 45,000 in 2017.[4]"

Money transfer is a basic utility and should not be rationed out and gatekept by government regulators.

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