81 sats \ 6 replies \ @Coinsreporter 20 Sep \ parent \ on: Stacker Saloon
I think the system you're describing would potentially run afoul of the regulations placed on custodians.
How will that be? SN won't be a custodian. Instead SN would only provide Stackers a reward for their good work.
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20 sats \ 5 replies \ @Undisciplined 20 Sep
Rewards will still be paid out in sats, in the new system.
If credits are created by depositing sats and can be exchanged for sats at withdrawal, then SN would be considered a sats custodian for its users.
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57 sats \ 2 replies \ @IamSINGLE 20 Sep
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31 sats \ 1 reply \ @Undisciplined 20 Sep
Unfortunately, SN is headquartered in America and is thus subject to all of America's nonsense. Maybe they'll relocate to the Cayman Islands to get around this stuff.
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82 sats \ 0 replies \ @IamSINGLE 20 Sep
It'd be great and always taken care of to operate such business from a place which doesn't have nonsense rules.
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65 sats \ 1 reply \ @Coinsreporter 20 Sep
I don't know about the rules there. What I was suggesting is for a better SN experience and on the basis of rules here.
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40 sats \ 0 replies \ @Undisciplined 20 Sep
We're going to be in a second best situation, because of these dumb rules.
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