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In terms of economic power I would like to see more discussion on topics like peak oil.
The author of Jurassic Park used to be famous for writing about these types of issues. If I remember correctly, Michael Crichton famously wrote that there might never again be an advanced civilization on earth after World War 3. There are no longer supplies of oil near to the surface which can be extracted with simple mining equipment. Many supplies of metal ore which were easy to obtain in the iron age have been depleted. If we had to rebuild civilization all over again. We could have difficulty or impossibility attempting to do so. As many of the resources we would require are no longer as easy to obtain.
If there ever was a scenario where the world was hit with mass EMP which regressed us back to a pre electrical era. I think its something people might want to discuss as the implications and consequences may not be as widely known as they were in the post 1970s and prime eras of peak oil concern.
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Current era inflation, is a perfect storm. Where a number of environmental, economic and private sector variables align to produce a negative cycle which occurs only once in 50 years? 100 years? 1,000 years? It all depends on how bad things get. Some of the damage is environmental. Elevated cases of earthquakes, flooding and natural disasters destroying crops. With elevated drought also destroying crops. I think every aspect of current state of affairs is known and reported on by journalists. Its not hard to use a search engine to research, map and blueprint the minutiae of how things are broken. The overwhelming majority appear to not follow news trends. If they follow them, they seem to not remember much of past history. Which makes it difficult for us to recognize most of the main contributing factors. Much less address them. Ancient rome used a silver coin known as the denarius around 200 BC. Which was known to be an era of high inflation for rome: https://en.wikipedia.org/wiki/Denarius#Debasement_and_evolution They reduced the amount of silver in the denarius over time, which led to inflation. That could represent a good text book case of inflation. As well as an excellent example for how gold and silver standards do not prevent inflation. Apparently we live in a strange world where we can put a man on the moon and achieve technological miracles. But when it comes to solving problems like inflation. Our developmental curve is probably lagging behind where we could like it to be. If you were the architect of a system designed to reduce risk of inflation in the future. How would you approach it? If 1 ounce of prevention is worth 1 pound of cure. Then prevention might be a goal worth pursuing. But somehow we have not seen much supply or demand of that type of mentality in the 2,000+ years of inflation wreaking havoc with the world's economies. |
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Two Republican lawmakers who have been central to the United States Congress’ continuing efforts to regulate cryptocurrency are questioning policies governing how financial firms handle crypto accounting in the country. U.S. Rep. Patrick McHenry (R-N.C.), chairman of the House Financial Services Committee, and Sen. Cynthia Lummis (R-Wyo.), who has authored crypto legislation, yesterday (2 March) sent a letter to several banking agencies asking how they’re dealing with a controversial Securities and Exchange Commission note asking financial institutions to keep customers’ crypto holdings on their own balance sheets. The letter to the Federal Reserve and other U.S. banking agencies criticized the Staff Accounting Bulletin (SAB) 121, SEC’s move last year. Since it would force regulated banks to reject crypto custody as something that comes with significant capital requirements, the measure could deny millions of Americans access to safe and secure custodial arrangements for digital assets. In their letter, the lawmakers argued that a recent decision in the Celsius bankruptcy (which classified all of Celsius’ customers as unsecured creditors and thus at the back of the line to recover their assets) highlights the legal risk of effectively forcing customer custodial assets to be placed on the balance sheet. The letter asked the banking agencies about whatever interactions they had with the SEC on this issue, as well as whether the SEC’s position conflicts with their own policies. SEC’s actions being questionedFed Chair Jerome Powell already stated last year that the central bank was evaluating the SEC’s directive, which changes longstanding practice for digital assets that customer assets would be kept off a financial firm’s balance sheet. In June last year, five Republican senators, including Lummis, sent a letter to the SEC expressing their concern that the bulletin was a regulation disguised as staff guidance and violated the Administrative Procedure Act. SEC commissioner Hester Peirce expressed similar concerns in March 2022, shortly after the bulletin was released, noting that it was the manner in which the change was made rather than the accounting determination itself that she objected to. https://ambcrypto.com/u-s-lawmakers-argue-sec-accounting-policy-undermines-safe-crypto-custody/.... Interesting topic. With not many details or analysis available. It would seem not everyone agrees with actions the SEC has undertaken to regulate cryptocurrency. While the response has been slow. Some in positions of power and authority are beginning to question and criticize. Not certain whether this will amount to anything or make a difference in SEC proposals to regulate stablecoins and other markets. But it seems that there could be some division and conflict brewing. I wonder how the general public and youth demographics feel about these issues. Do they support the SEC. Or do they stand on the opposite end of the spectrum. Please share your thoughts on this. |
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There are many who beat the house on a consistent basis. I think the biggest opponent isn't the house. But rather people tend to be their own biggest opponents. Many lottery winners who take a fast track to wealth end up poor again, within a short span of time. They cannot control themselves and spend their way into debt, no matter how much money they have. Having self control and discipline is a super power that not everyone has. The key to beating the house is having some degree of discipline. Being able to avoid being impulsive and not making critical choices based on emotion. Many do not have this. They must beat themselves before they can beat the house.
I don't think topics relating to finance, politics and the economy are rocket science. Most people are intelligent enough to figure out everything about them. But choose not to. They see it as a burden and avoid it. If they see something about COVID-19 being a lab leak. They work extremely hard to forget what they saw so as not to be "burdened" by it. While this may be a sad precedent. It is the area in society where the biggest gains can be made.
The biggest gains for civilization cannot be made by the most motivated people being more motivated. It can be made by the least motivated trying harder. The biggest gains for society can't be made by the most knowledgeable gaining more knowledge. The biggest gains are found in the least knowledgeable people trying harder to learn.
We face a strange situation where the least motivated and the least knowledgeable believe that their key to salvation is the most motivated and most knowledgeable fighting for them. But this is not where the biggest gains can be made.
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Now the big hedge funds have more money then Ever before the rich indviduals now give out to banks and instutions their money becouse intrsets rates are higher.
I think hedge funds and the wealthy are having their finances be demolished and devalued like everyone else. Elon Musk was in the news for having lost "$100 billion" in 2022. Elon Musk's net worth dropped $100 billion this year. Here's why.Elon Musk's net worth has dropped to an estimated $195.6 billion, according to Forbes. Musk's net worth dropped on Tuesday, hitting its lowest point this year. This is the second time since Oct. 1, 2021, that his net worth has dipped below $200 billion, except for a brief drop to $199 billion in May of this year, Forbes reports. His net worth is still astronomical – and enough to solidify his spot as richest man in the world — but Musk's worth was once larger. In January, he had an estimated worth of $304.2 billion, Forbes says. At that time, his worth had increased about $32.6 billion as Tesla stock soared. https://www.cbsnews.com/news/elon-musk-net-worth-decreased-100-million-tesla-stock-sold-twitter-acquisition-richest-man-in-the-world/ There were other billionaires in the news post 2020 for having their entire fortunes wiped out trading stocks and other assets. Even Warren Buffett was unhappy with stocks in 2022. Warren Buffett rips Wall Street for turning the stock market into ‘a gambling parlor’Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a “gambling parlor.” Buffett, 91, spoke at length during his annual shareholder meeting Saturday about one of his favorite targets for criticism: investment banks and brokerages. “Wall Street makes money, one way or another, catching the crumbs that fall off the table of capitalism,” Buffett said. “They don’t make money unless people do things, and they get a piece of them. They make a lot more money when people are gambling than when they are investing.” Buffett bemoaned that large American companies have “became poker chips” for market speculation. He cited soaring use of call options, saying that brokers make more money from these bets than simple investing. https://www.cnbc.com/2022/04/30/warren-buffett-rips-wall-street-for-turning-the-stock-market-into-a-gambling-parlor.html I think if you want to make a case for financial institutions not losing money post 2020. What you would be describing is financial institutions who are known for hoarding large quantities of gold. |
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The bill also requires the EPA to study the effect crypto mining has on the environmentU.S. Sen. Edward Markey (D-Mass.) and Rep. Jared Huffman (D-Calif.) reintroduced a bill to require crypto miners to disclose their emissions and the Environmental Protection Agency to report on the effects of crypto mining. The Crypto-Asset Environmental Transparency Act, which was first introduced in December and which is cosponsored by Sen. Jeff Merkley (D-Ore.), would mandate the EPA to conduct a study on what impact miners using more than 5 megawatts of power have on greenhouse gas emissions and require the miners to disclose information about the emissions. The reintroduction of the bill comes ahead of a hearing on Tuesday on the environmental impact of crypto mining. A list of witnesses scheduled to testify at that hearting wasn't immediately available. The pollution generated by the crypto mining industry "is growing," Markey said in a statement. “While we’re working together as a nation to face down an existential crisis that puts the health and safety of our people and our planet in jeopardy, crypto miners are sucking megawatt after megawatt from our public grids and emitting skyrocketing greenhouse gasses, just so they can make a buck for themselves," he said. "We can’t afford to let this industry run roughshod over our communities any longer.” The bill itself is largely similar to last year's version. In the press release, Markey noted that several senators asked the Electric Reliability Council of Texas (ERCOT) about the impact crypto miners have on its energy grid. https://www.coindesk.com/policy/2023/03/03/us-lawmakers-reintroduce-bill-that-would-have-crypto-miners-disclose-emissions/ .... Senators from massachusetts, california and oregon proposed the EPA investigate carbon emissions relating to the US crypto mining industry. There has been independent research conducted on this topic over the years. The demographic breakdown of US energy generation in reference to the location of industrial crypto mining is well known and defined. With the majority of crypto mining in the USA being located in texas. The basic format is known and documented which will make it interesting to see what the EPA report says. Ted Cruz emerging as one of the more outspoken politicians on US crypto mining, it will be interesting to see what commentary he has to offer. The state of texas having a vested interest in crypto mining, it is possible that Govenor Abbott might have some words to offer as well. |
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I think they should never have shook hands on it until after the contract was signed. Handshake is a gentleman's agreement but it won't hold up in court. Fury didn't hold up his end of the gentleman's agreement by not signing the contract. So he shouldn't be paid double, even by the terms of the handshake.
Tommy Fury being a boxer from a famous boxing family, I think there was a tremendous amount of pressure on him to beat the "youtuber" in Jake Paul. This caused Tommy Fury to fight below his normal level. Jake Paul might also have been sick. Not certain, still need to watch the first 5 rounds of the fight which I missed.
How many pay per views did the fight sell? That will be the main question going forward. Jake Paul hasn't sold many PPVs since he began making gay innuendos to market his 2nd fight with Tyron Woodley and done other things which may have alienated the fight world against him.
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There are no special skills or qualifications required to gamble. With high potential rewards for winners. Its easy to get hooked if you win only once. Its fast and easy money. There isn't anything else on the planet comparable to walking into a casino. Betting $100, $1,000 or $10,000. Instantly double your money. Walking out the door with it minutes later. Where else can a person earn those types of potential rewards. Quick and easy payouts and no barrier to entry.
Consistent winners in sports gambling used to earn $1,000 to $3,000 in a single day. Consistent winnings. But things are different now. It might not longer be possible to consistently earn that type of $$.
The performance of athletes is no longer as consistent or predictable. Oddsmakers have improved at networking and using inside information to make matches that will fool gamblers into making the wrong bets. Officials and judges have become more inconsistent and less reliable over time. Its much harder now to pick winners, than it was even 5 years ago.
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I wonder if higher education will help for entrepreneurship?
Elon Musk commented on this in 2020. Elon Musk on the problem with corporate America: ‘Too many MBAs’Tesla and SpaceX founder Elon Musk says the biggest problem with corporate America today is that too many business school graduates are running the show. “I think that there might be too many MBAs running companies,” Musk said Tuesday at the WSJ CEO Summit. This “MBA-ization of America,” isn’t great, Musk said, especially when it comes to product innovation. Big corporate CEOs often get caught up in the numbers and lose sight of their mission, which is to create “awesome” products or services, according to Musk. “There should be more focus on the product or service itself, less time on board meetings, less time on financials.” “A company has no value in itself. It only has value to the degree that is [an] effective allocator of resources to create business services that are of a greater value than the costs of the inputs,” Musk said. This thing they call “profit,” Musk added, “should just mean over time that the value of the output is worth more than the inputs.” Musk said the biggest mistake he has made as a leader of both Tesla and SpaceX was spending too much time in meetings looking at PowerPoints and spreadsheets, instead of being out on the factory floor. “When I go spend time on the factory floor or really using the cars or thinking about the rockets...that’s where things have gone better,” Musk said at the WSJ summit. He finds that if he is engrossed in the details of the issues, it boosts morale and his team is “more energized.” Musk urged CEOs to “get out there on the goddamn front line and show them that you care, and that you’re not just in some plush office somewhere.” Musk recently became the second richest person in the world as Tesla’s stock price and market cap have grown over the last several months. He is currently worth an estimated $157 billion, according to Bloomberg’s Billionaire Index. https://www.cnbc.com/2020/12/09/elon-musk-on-the-problem-with-corporate-america-too-many-mbas-.html It seems MBAs are an acknowledged fast track to becoming a corporate executive or CEO. Its acknowledged as the talent pool from which corporate america recruits the majority of its leaders. Although Elon Musk appears to think its an issue. He believes many MBAs do not understand many of the critical details relavant to businesses they're in. Which somewhat does make sense considering many CEOs negotiate for $300,000 annual salaries, when they're running a business with negative income and high debt. Which has been known to lead to the business bankrupting. |
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It’s no news Bitcoin has since been a millionaire-maker ever since its massive surge from its all-time low of trading below a dollar back in the day. And now, once again, data from on-chain analytics firm Glassnode shows the largest cryptocurrency by market cap has made a new set of millionaires. This comes after BTC dipped below $20,000 last year creating a chance for smaller investors to be able to afford the accumulation of the asset, therefore, making them millionaires following its price spike above $20,000 earlier this year. Bitcoin Birthing MillionairesAccording to data from Glassnode, there are a total of more than 67,000 BTC wallets worth over a million dollars or more on the blockchain. Notably, BTC trading above $20,000 has since been a maker of millionaires as the price is prominent for a notable high. The $20,000 price tag was once a BTC all-time high in one of its halving cycles in the past, and according to Glassnode, when BTC/USD makes a move above or below this price range, millionaires are either made in large numbers or lost in abundance. Last year, when Bitcoin plummeted to just above $16,000 following the FTX crash, a large number of several millionaire wallets lost their status immediately. However, since the beginning of the year, when Bitcoin spiked by 40% to trade above the $20,000 region, the story has reversed as the asset has not only made many regain their millionaire status but has also birthed another set of millionaires. On January 13 when BTC/USD was just trading under the $20,000 price tag, BTC wallets worth more than $1 million were just around 27,000. Meanwhile, by the next day when BTC traded $1000 higher, that amount increased to 65,000 with the majority of wallets holding 50 BTC.  Image link: https://i.ibb.co/M9C8rpz/one.jpgNotably, at Bitcoin’s all-time high of $69,000 in November 2021, BTC wallets worth $1 million or more cumulated to nearly 113,000. Furthermore, not only wallets worth millions have surged over the past month, but wallets of “wholecoiners” holding 1 BTC or more have also increased.  Image link: https://i.ibb.co/RB13sxx/two.jpgGlassnode shows that this category of holders is now nearing 1 million with a total of 982,726 as of February 28. Dormant BTC Surpasses BTC On Exchange Reserves Prior to the report of the number of millionaires BTC has birthed, yesterday, News BTC reported a change in BTC circulating supply. According to the news outlet citing data from Glassnode, the amount of BTC that is dormant has exceeded the available Bitcoin for purchase on exchanges. Co-founder of Bitcoin-focused research firm Reflexivity, William Clemente, noted: “There is now more Bitcoin that hasn’t moved in at least 10 years than there is on exchanges.” Meanwhile, BTC has recorded an increase in value over the past 24 hours.  Image link: https://i.ibb.co/q54jZKz/three.jpgAt the time of writing, BTC trades just above $23,000 with a price of $23,774 looking to cross the $24,000 mark. The asset currently has the highest 24-hour trading volume of $31.7 billion, the largest among other crypto volumes in the market. https://www.newsbtc.com/news/bitcoin/bitcoin-births-another-set-of-millionaires/.... This statistic might indicate bitcoin is being HODL'ed and hoarded to high degrees. Which could contribute towards it becoming a more deflationary and scarce asset. Co-founder of Bitcoin-focused research firm Reflexivity, William Clemente, noted: “There is now more Bitcoin that hasn’t moved in at least 10 years than there is on exchanges.” Meanwhile, BTC has recorded an increase in value over the past 24 hours.They claim that the BTC uptick in early 2023 also created newly minted crypto millionaires. Is it possible that the ratio of bitcoin not being actively bought or sold. Versus the net sum of bitcoin actively traded on exchanges. Could eventually become a leading indicator for bitcoin scarcity and deflation? Is the statistic relavant within the grand scheme of things? I'm considering whether reduced BTC volume could translate to greater demand. Which might correlate with a price spike. |
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Good content. ^ This type of stock dividend strategy could be the closest thing to crypto staking in equity investments. IMO its an excellent method of earning passive income. Which relies heavily upon compounding interest. The catch is, like most investment strategies it performs best under bull market conditions when averages are rising. The opposite of our current bear market.  Image link: https://i.imgur.com/kgzTlED.jpgThe chart he displays @ timestamp 13:37 (above image) illustrates the long term earning potential of long term compounding interest with dividend stocks. In previous years of low inflation and economic stability, many americans were able to leverage this type of long term compounding interest to retire early. Unfortunately things are much harder now. |
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It seems as if many involved with FTX plead guilty. They may have accepted a plea deal for a reduced sentence. Agreeing to cooperate with the investigation. Which could eventually lead to them testifying against SBF in court.
SBF by contrast could be the one who will plead innocent and fight the criminal charges with his team of lawyers. Not certain if that path would be worthwhile considering there have to be mountains of evidence documenting iota of everything that happened. The investigator who went over FTX accounts mentioned there being no complexity or cleverness in hiding criminal activities of FTX operations.
It will be interesting to see how the case is handled. I think it could be eye opening for those who were too young to remember the 2009 financial crisis, which was certainly mind blowing and eye opening or a lot of people.
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Gane's involvement brings real-world expertise to the game as MetaFight offers a way to support young MMA athletes.MetaFight, the web3 game that allows players to manage a gym and train MMA fighters, has announced that UFC heavyweight number one contender Ciryl Gane has joined its board ahead of his landmark fight with Jon Jones at UFC 285 for the vacant heavyweight title. MetaFight NFT card gameThe game features different cards, including Gym Cards, Trainer Cards, Fighter Cards, and Bonus Cards that players can customize according to their preferences, such as grappling, wrestling, or striking. The game will be available on both mobile and desktop devices. MetaFight runs on the Immutable X layer-2, which offers improved transaction speed, lower fees, and better security. Players can earn rewards by participating in matches and leagues, with rewards ranging from NFTs to cryptocurrency or points. The game also allows players to trade cards with other players and bid on high-value cards in marketplace auctions. Furthermore, data for each fighter is sourced from real-world MMA data providers, meaning real-world results influence the NFT cards. Helping young athletesGane explained that he joined the MetaFight board as he has “always followed closely the new technologies related to sports.” He further stated that he believes the MetaFight “remuneration model will help young athletes go further in their sport.” The NFT cards will be used to unlock rewards from different gyms, organizations, and fighters as a form of fan membership. According to the whitepaper, “some leagues may have special rewards during a limited time: merchandising, sponsor’s products,[and] invite to events.” Therefore, similarly to how musicians are using NFTs to help grow their fanbase, MMA athletes and organizations now have a way to build a decentralized following that is not tied to any centralized platform. Regarding Gane joining the board, Julia Mahé-Emsallem, the CEO of MetaFight, commented that Gane will “allow us to be closest to understanding the challenges of great champions and help us make the game as true to life as possible.” The alpha release of MetaFight is available now via the dApp. https://cryptoslate.com/jon-jones-ufc-285-opponent-ciryl-gane-joins-board-of-mma-nft-game-metafight/ .... They're marketing this NFT game called MetaFight as being beneficial to young athletes. One criticism some have made of the UFC is it not allowing fighters to have sponsorship banners or apparel at UFC events. These conditions lead to UFC fighters searching for other forms of sponsorship and promotion outside the cage. I can't say I'm familiar with the game MetaFight. Has anyone tried it. Is it good? |
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There are a lot of angles to the Jon Jones vs Ciryl Gane match up.
Dontale Mayes fought Ciryl Gane back in 2019. It was a close fight up until Gane pulled out a submission win. Dontale Mayes is one of Jon Jones long time teammates. Which means Jones has a training partner who has spent 3 rounds in the cage with Gane. The fight between Dontale Mayes and Ciryl Gane being a close one, is probably the reason Jones isn't giving Gane much credit. Jones said he isn't certain if Gane deserves to be called the most technical kickboxer he has ever faced. But that comment was made towards 2019 Ciryl Gane who had a close fight with Dontale mayes.
All of this could mean Jon Jones is overlooking Gane and not taking him seriously.
I think that Gane has improved tremendously since he fought Jon Jones teammate Dontale Mayes in 2019. Game has become a more technical and dangerous kickboxer.
It all comes down to Jon Jones health. If he spent his time off doing cocaine and drinking alcohol I think Ciryl Gane will beat him. But if Jones shows up healthy and motivated to fight I think he should be able to outwrestled and outgrapple Gane the way that Ngannou did.
Some pros and analysts are claiming Jon Jones might be injured leading into this fight, which is why he's in the pool so often for UFC embeddeds. They say its to protect his injured joints. Which is a similar situation to the one Ngannou was in when he fought Gane. There were many rumors that Ngannou had an injured knee, which could have motivated Gane to pursue a knee lock on the knee he thought was injured. So we can see from history that Jon Jones being injured would not necessarily mean he will lose the fight. Considering Ngannou was confirmed as having an injured knee, when he fought Ciryl Gane.
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Drake always posts his big money bets on UFC and boxing.
I think he almost always loses. Which is unfortunate for him.
But if true, it might be possible for gamblers to win money by making the opposite bets of whatever Drake posts on social media.
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On 21 February, Bitcoin BTC mining researcher Jaran Mellerud published a report on the state of Bitcoin mining in Iceland. He noted that the European country is the world’s largest hash rate producer per capita. According to Hashrate Index, Iceland has become one of Europe’s last Bitcoin mining havens. In addition, the island nation has vast amounts of stranded hydro and geothermal energy. The researcher estimated that the country’s BTC mining industry consumes around 120 megawatts of electricity. This equates to a global hash rate of 1.3%, which isn’t much. Iceland, on the other hand, has a population of around 370,000 people, making it the largest hash rate producer per capita. Iceland is the most electricity-rich country in the world, thanks to its volcanoes and waterfalls. It generates nearly twice as much as the second-placed country on the list, Norway, Europe’s largest Bitcoin mining hub. In fact, the two countries are the only ones in the world that are entirely powered by renewable energy.  Image link: https://i.ibb.co/r6TBb8z/energy-per-capita.jpgBitcoin miners have, however, reported that obtaining energy allocations for new data centers is becoming increasingly difficult in Iceland. This implies that the potential for growth will most likely remain at current levels in the foreseeable future. In December 2021, National Iceland electrical company Landsvirkjun reduced the amount of power it will provide to certain industries, including Bitcoin mining. The reasons cited for this decision were a series of issues, including a problem at a power station, low hydro-reservoir levels and accessing energy from an external supplier. United Kingdom-based mining group Cloud Hashing relocated 100 miners to Iceland in 2013. HydroMiner GmbH, an Austrian company, raised approximately $2.8 million in its initial coin offering in November 2017 to install mining rigs directly at Icelandic power plants. The network hash rate reached an all-time high of 318 exahashes per second (EH/s) this week. It is now hovering just below those levels, having risen by 25% since the beginning of the year. https://ambcrypto.com/iceland-is-europes-last-bitcoin-mining-refuge-but-concerns-emerge/.... Iceland is known as the only country in the entire world who jailed bankers for their role in the 2008 financial crisis. This factoid could contribute to bitcoin miners pursuing it as politically neutral territory where they might someday build an industry. Iceland's cold weather is also claimed to drastically reduce server cooling costs. The high number of geothermal power plants in the area producing electricity in an environmentally friendly manner at low cost also could make the country attractive for crypto mining ventures. I'm not certain if iceland could be considered europe's last crypto mining refuge. But it is an interesting claim. Is it possible that bitcoin's dive below $20k was more damaging to the global crypto mining industry than realized? |
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I for one would be curious to know the results of a "is bitcoin disrupting the financial landscape" poll.
My guess is that older generations 50 years of age and older might answer yes. Older age demographics are the largest viewing demographic of television news. They're also the largest supporters of precious metals, gold standards and gold and silver.
The youth demographic, millennials and generation Z lean in the opposite direction. More than 80% get their news primarily from the internet. They tend to not consume television content. And in many cases, no longer watch movies the way that older generations do. Their content demographic is aligned more strongly with youtube, tiktok and similar internet platforms. Which shows by them typically looking at their phones. Which are connected to the internet.
Youth demographic being the biggest supporting demographic of cryptocurrencies, it is possible that they would answer no to a poll asking if bitcoin were disrupting the financial landscape.
Many of generation Z and youth demographics have little hope for the future. They believe social security will fail before they have a chance to collect. Their job options are not good. Many of them viewed bitcoin and crypto as their savior and best chance of someday becoming wealthy. It would be interesting to know what their opinions on this topic are, to say the least.
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Please consider the following. Millions in Bitcoin pouring into Ukraine from donorsCryptocurrency analysts say at least $13.7m (£10.2m) has so far been donated to the Ukrainian war effort through anonymous Bitcoin donations. Researchers at Elliptic, a blockchain analysis company, say the Ukrainian government, NGOs and volunteer groups have raised the money by advertising their Bitcoin wallet addresses online. More than 4,000 donations have been made so far, with one unknown donor gifting Bitcoin worth $3m to an NGO. The median donation is $95. On Saturday afternoon, the official Twitter account of the Ukraine government posted a message: "Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT." It posted addresses for two cryptocurrency wallets which collected $5.4m in Bitcoin, Ether and other coins within eight hours. https://www.bbc.com/news/technology-60541942 Another interesting case. Turkish financial watchdog stretched rules to allow crypto donations to help with disaster relief on Feb. 7. The crypto community donated over $4.5 million in seven days to help Turkey with disaster relief. Three wallets were created to collect donations on Feb. 7. Total amount donated sits at slightly over $4.5 million at the time of writing. DonationsAvalanche (AVAX), which Turkish professor Emin Gün Sirer founded, donated $1 million, while Waves (WAVES) founder Sasha.waves donated $50,000 on the first day. Crypto exchange platforms operating in the region Icrypex, Bitget Turkey, Bitci, MexC Turkey, Bitfinex Turkey, OKX, and Gate.io collectively donated $371,499, which equates to 7 million Turkish Lira. Turkish and global crypto influencers and many others also contributed thousands of dollars in crypto to help with disaster relief in the region. BackgroundAfter three significant earthquakes struck Turkey, a Turkish singer Haluk Levent persuaded the country’s financial watchdog (MASAK) to allow collecting crypto donations, which is currently illegal in the country. MASAK allowed three crypto wallets to collect donations for a week. Wallets belong to Levent, who publishes all significant contributions and expenses on his Twitter account. https://cryptoslate.com/crypto-aids-for-turkey-exceed-4-5m-in-one-week/ There have been many cases like these over the years. Even the UN (united nations) has accepted cryptocurrency for many years to fund projects aimed at helping the poor in africa and abroad. Could bitcoin's humanitarian and philanthropic trends go unnoticed by the public? I often wonder how many people across the globe are aware of events such as these. Bitcoin has a long history to it, even if its measured in little more than a decade. |
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I would guess it has to do with recent news headlines such as the following. The overall stability and reliability of windows operating systems has declined noticeably in recent years. One critical example of this is windows defender anti virus. You can't turn it off. Everyday it activates itself and runs in the background causing everything to freeze or lag noticeably. When my C drive was filled to capacity. Windows no longer had space to install updates. This broke windows and made it difficult to install other apps on other drives. Game compatibility and overall windows support are the only reasons to use it. Everything else about windows is probably inferior to linux atm. |
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Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.
While gambling might be highly regulated in places like Las Vegas. I have heard macau trends towards deregulation, which could make it a better regional platform for placing large life changing bets. If offshore tax havens are a real thing. Then might it be said that offshore gambling is also a thing. |
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