Oddbean new post about | logout
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golem | 9 days ago (raw) | root | parent | reply | flag 
 I can't still figure out what this all thing means
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SUPERMAX | 9 days ago (raw) | root | parent | reply | flag 
 Think of cowboy credits as a gift card for stacker news only 

I assume they're doing this to avoid any custodial liabilities in the future.
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golem | 9 days ago (raw) | root | parent | reply | flag 
 Thanks, 
cowboy credits, huh, 
I don't like this 🧐
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SUPERMAX | 9 days ago (raw) | root | parent | reply | flag +1 
 I don't either, but its a great way to remove SN from being called a "bank" or "exchange" or "custodial wallet holding users' funds"

Legal protection tbh
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golem | 8 days ago (raw) | root | parent | reply | flag 
 I see, and that is not a good projected future 
if websites have to be afraid to be considered 'bank'