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#11
05-08-2007, 09:54 PM
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Re: Best Case Scenario in 5-10 Years?
[ QUOTE ]
Poker sites are hugely cash generative, having regulation and a tax on them is far more likely to lead to a squeeze on their margins (very high now) than a rise in the rake for player given a competitive marketplace. [/ QUOTE ] QFT. I don't see why this isn't clear to everyone. How much do you think a bag of weed would cost at the corner store if the government regulated and taxed marijuana? Even with obscene taxes, it would be substantially less than it is now on the street. 
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#12
05-09-2007, 01:11 AM
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Re: Best Case Scenario in 5-10 Years?
[ QUOTE ]
[ QUOTE ] US companies running these sites may feel they have a corner on the market and bump up the rake. [/ QUOTE ] As long as there are minimal barriers to entry, the market will take care of that. If there are enough people playing, the rake should actually go down. Heh, I could actually see a site that has no rake, and is supported by their sportsbook.  [/ QUOTE ] fyp
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#13
05-09-2007, 01:05 PM
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Re: Best Case Scenario in 5-10 Years?
Imagine the pharmaceutical industry and agribusiness combining to grow the best drugs for the world? They could flood the market and drive the drug dealers out of business.
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#14
05-09-2007, 01:39 PM
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Re: Best Case Scenario in 5-10 Years?
[ QUOTE ]
Imagine the pharmaceutical industry and agribusiness combining to grow the best drugs for the world? They could flood the market and drive the drug dealers out of business. [/ QUOTE ] I doubt anyone would care if the drug dealers were out of business, as long as there was open competition between the super growers.
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#15
05-09-2007, 10:28 PM
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Re: Best Case Scenario in 5-10 Years?
[ QUOTE ]
Within 5 to 10 years? That is a long time to predict for the interwebs. I remember 10 years ago and the web was really just getting rolling. Here are some bold, futurama predictions for 10 years out: Currency: There will be a standard internet currency that is based upon an inflation neutral standard. Most international trade will be denominated in this currency. [/ QUOTE ] http://www.worldnetdaily.com/news/ar...TICLE_ID=55595 sounds about right
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#17
05-10-2007, 12:24 PM
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Re: Best Case Scenario in 5-10 Years?
[ QUOTE ]
[ QUOTE ] Within 5 to 10 years? That is a long time to predict for the interwebs. I remember 10 years ago and the web was really just getting rolling. Here are some bold, futurama predictions for 10 years out: Currency: There will be a standard internet currency that is based upon an inflation neutral standard. Most international trade will be denominated in this currency. [/ QUOTE ] http://www.worldnetdaily.com/news/ar...TICLE_ID=55595 sounds about right [/ QUOTE ] I was thinking more along the lines of egold http://www.e-gold.com/
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