nope

thought it was dumb from day 1

i've been a grumpy old man since high school apparently

Damn, I made a rap diss about a dude over a topic he keeps making vids on while ducking a debate on it. So I went cringe rap in hopes of getting attention to it before laws are passed

Jim Sterling and loot boxes

I have no idea what his position is because I never watch his channel

Where you @ on lootboxes?

Regulate them as gambling

No he is regulate

I’m anti regulation

Oh OK lol I was confused for a sec

Lol

i'm fine with countries adding them to existing laws if they find them to fall within those laws

They have to be consistent though

not adding new laws just to target these

It’s not gambling, it can’t be with the way the transaction is set up.

I'm anti regulation, but if you're going to regulate, it has to be across the board, not just the specific version you don't like

how so? and wouldn't that depend on how the law is written?

So if randomized prizes are now gambling we have to yeet TCGs and those randomized toy dispensers

I don't wanna see some shit like "only for software XD" have some principles and stick to them

there is a difference however, a big one: the ability to trade with other people for the item you want

No, gambling requires 3 elements. Chance, Prize and Consideration. No chance is ever seen by any player.

So Valve's lootboxes are fine

what are valves lootboxes?

You can trade your skins

oh, the CS:GO crap?

Which created a giant grey market

yes

TF2 as well

just like the hats

They are because they don’t set a market price on the goods, rather take a % from each transaction, allowing the market to set value. Protected by second sale doctrine

Hats and weapons, and the cards

A casino makes sure a blue chip is with x$

So then the issue wouldn't be lootboxes, but the existence of a second hand market

Or rather the lack of one

"Chance, Prize and Consideration. No chance is ever seen by any player."
what does this mean?

if there is an ability to trade, i do believe lootbox style stuff is not nearly as bad, and would be closer to trading card games

Exactly, against TOS. Im working on a series from the AUS committee. Out of no where, the “chairmen” starts talking about wow gold.. you who want to regulate are being used as pawns lol

Lol

I kid you not.. and the expert who was talking at the time said yes, that needs to be looked at “because of the ability to sell and buy on illegal 3rd party website”

its already illegal