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We've been needing a poker club around here. I don't think there's one yet.

ClubGG is an online poker site backed by Daniel Negreanu that lets you create your own club, so I figured we could make one. I made a test one just to check it out, but if the stackers are interested, we can make this a real thing. Each chip is worth one satoshi and there are zero fees.

I'm not sure how we'd handle deposits and withdrawals, but that's what this post is for. Hit the link I shared and join the club so we can give it a shot.

Interesting I like a good game of poker

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I just joined. Join us Blok and take my fake sats. Haha

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Hahaha. Are you guys playing already?

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No not yet.

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I’ll join up once they get a game going

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I can jump on for a bit, 20 minutes, just to test it out.

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I'm not sure how we'd handle deposits and withdrawals, ...

I feel like the fund feature on Coinos is the best solution for this. The club manager just handles the player's balance based on the transactions in the fund. So, like, if I want 10k sats to play poker, I just deposit 10k into the fund and then request the chips from the club. If a player wants to cash out, they make a request and the manager pulls it from the fund.

fund example (#1008610): https://coinos.io/fund/21878729-7c46-4131-b158-1c7b29245d13

cc/ @grayruby @BlokchainB

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How do we know we won’t get rugged

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The only issue here is the custody problem with Coinos, because the fund can only have one trusted manager. Ideally, the best thing is for the fund and the club to have a couple managers you can really trust.

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It be better to set up a fedimint or use one of super test nets projects that allow us to use nostr to make a decentralized collab wallet.

Or maybe we make a multi sig wallet using nunchuck.

With on chain fees so low we can use smaller utxos then square up our accounts after a few games or once a month.

I don’t like the idea of using coinsOS especially with the issues they have had as of late

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I'm not sure we need to make this so complicated. We should probably only have one or two people managing things to avoid the theft risk. I'm down with the idea of it being decentralized. So, these collab wallets are basically like a coinos fund, but without the custody risk, right?

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Yeah since we are using a small amount maybe coinOS might not be a bad idea.

I just worry if we play for years on end and bitcoin hits $1M per coin even small balances can become large in purchasing power.

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Great idea. I will download the app. How do I join your club?

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I think you just gotta follow the link. Then I gotta accept you.

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I will try on mobile. It wants me to download the app.

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I accepted you and sent you 10,000 fake sats. I also made you a manager.

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I see that. Now we just need to find some more players.

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Yep! It might be a little tricky to link up because of the time difference, but I'll play whenever we can. Just play around with the app a bit, and if you're into it, you can start a new club yourself.

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It's an app-only thing, but they also have one for Windows. The club ID is 879302

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Ok I am in the club. Let’s see if we can get a couple more players and then we can coordinate a game.

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Just so you know, club manager is the one who handles putting in and taking out the players' chips (satoshis). So for now, we can mess around with some fake satoshis. The manager can also make other players managers.

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This is incredibly exciting. I would love to play and discuss hands we see/play here in stacker news. Perhaps it’s time for a poker territory O.O

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Downloading the app. There is also a desktop version I believe

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