There are different rules and regulations applicable to "brick n Mortar" Lotteries and also online Lotteries in every country, so this is a difficult question to answer. In my country you have 90 days to claim your Lottery winnings and after that it goes back into the pool for the next draw. I can understand that they put restrictions on the time that you have to claim the winnings, because it is extra administration and risk for them to secure that money. I wonder if you get the interest on that money if you leave it there for a month or two... (not that I would do that.. if I won that money)
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I do not know if you saw this thread on the forum about the comments that the SEC did on the application of the BlackRock Bitcoin ETF? https://bitcointalk.org/index.php?topic=5458216.msg62491996#msg62491996The SEC are playing games with one of the largest financial organizations in the US, by saying that their application are "inadequate" I think the SEC are stalling a decision on this, because the politicians have other agendas.
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You are 100% correct.... The SEC is the tool of politicians to satisfy the needs of large Fiat financial organizations. These companies fund their election campaigns and they get leverage over these politicians. We all know the US elections is around the corner and the politicians must dance to the songs of the companies that are funding their election campaigns. Once the elections are done, the damage to the Crypto currency scene would be done too.... and all of that would have been for money and power... and protecting the rich.
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"21" is the legal drinking age in most states in the US, because casinos set their minimum age to allow liquor to be served on the property. So I guess .. if the selling of liquor is not a problem, like with online casinos... then the legal age can be reduced to 18 years. How weird is that.... you can drive when you are 18 .. but you cannot enter a casino. It is more dangerous to other people, if you are young and reckless and you are behind a wheel of a car.... than sitting in a casino and enjoying yourself.
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Well, the affiliates must be making millions if he can buy a car like that. I wonder if Stake are paying him extra to streams on "Kick" too?.. like the $100 000 000 that were paid to xQc to stream on "Kick". Armstrong has an estimated net worth of $30 million and has been involved in the cryptocurrency space since investing in Bitcoin in 2012. He is the creator of https://bitboycrypto.com/ and he is very active on Youtube (Podcaster)
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The Securities and Exchange Commission (SEC) are merely an instrument for politicians to garner support for their US elections. We know a lot of successful Fiat companies are funding politician's election campaigns and they will use that leverage over the politicians to squash their competition. (which is Crypto currencies) The world is governed by the "entities" with the deepest pockets to keep these politicians in power. BlackRock and Vanguard might not be funding these politicians, so their applications will be sabotaged. The only "inadequate" party to this decision, is the decision makers with their hidden agendas.
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It is not that significant when a small business acquire bitcoins, but when you see large organizations like BlackRock buying bitcoins.. then you should sit up and take notice. I know Vanguard is still deciding if they will be buying in the future, but I am confident that it will happen soon. Those are the two entities in the financial world that I am monitoring the most.... not the Google or Amazon or Microstrategy companies, because BlackRock and Vanguard are invested in those large companies.
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I am very optimistic about investing in Bitcoin, because I have seen what it can do. I bought my first bitcoins when the Bitcoin price was about $300 and I sold some of those coins when the Bitcoin price was $40 000+ ...so I know that it has the potential to out perform any other investment that I can do. I am also optimistic about Bitcoin's future, because I saw what challenges it has over come since it's been unleashed on the world. Many governments have tried to kill it and it is still surviving after all of that.
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Well, who is going to pay for all the services that needs to be rendered by the government, if we are not going to pay those taxes? Let's take one of those services as an example ==> Prisons " There were more than 1.2 million people in prison in 2020, according to data from the Bureau of Justice Statistics. Spending per prisoner varies widely across states, from about $18,000 per prisoner in Mississippi to $135,978 per prisoner in Wyoming in 2020. States spent an average of $45,771 per prisoner for the year. " So taxpayers have a choice..... they either pay the taxes to keep the murderers and child rapist off the streets and locked up in prisons... or they stop paying and then these people are released and roaming the streets for their next victim. This is just one of the services that are rendered by the government. (Government also provide a lot of jobs in the public and private sector with their large tenders for huge projects)
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I see Bitcoin more as a barter token at the moment, in most countries where the government has not accepted Bitcoin as "Legal Tender" A citizen can "trade" goods and services in his community for anything, without breaking the rules of the country... (Example : I can trade you 4 eggs for a bundle of wood.) The moment when I open a business and I enter the formal market and I advertise that I "only" accept Bitcoin as a payment option, then it becomes a problem in the eyes of the government that did not accept Bitcoin as a "legal tender". The government protect their monopoly over the "printing of currencies" with guns and intimidation.
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I have been planning to create this thread for more than three months but today I decided to drop the thread. When I was a little child, Missionaries like Jehovah Witness Brethren and other Pentecostal Church preachers who was preaching the Holy Bible says, time will come in the whole world that everyone will use ONE CURRENCY and anyone who refused to use that currency can not buy things in any store. And the way BITCOIN is, it is accepting by the whole world. And Bitcoin is growing step by step.
I don't know in the last step of Bitcoin everyone will only use it and no any other currency will exist again. So I like to hear from some Biblical Scholars in the forum to tell me more on this topic. This thing that I said is inside the Holy Bible but I can't recall the scripture but it is in the book of "Revelation".
I think you mean the Revelation 13:16-18 which states that no one can buy and sell without the mark of the beast. It’s not a currency but something that was implant or tattoo to people in able to make a transaction. While the world will have a single currency to transact. I doubt that this is Bitcoin since it's decentralized while the currency being mention in the Bible shows a centralization since there's someone controlling the people to use it. I think it will be the currency of the super power nation in case world war 3 happened or CBDC since this starting to be implemented globally. The way that I understand this is that the anti-Christ will implement something that will wear the mark of the beast... example "666" and they will force people to use that. You will know that it is the mark of the beast and you will have to make a decision if you are going to use it or if you do not use it, then you will starve. We have had Bitcoin for several years now and I have seen nothing that resembles the "Mark of the Beast" as stated in the Bible. So I reckon it will be something that will still be developed in the future. (One world currency)
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Social media can have both "good" and "bad" influences on the Bitcoin price and it's success. It takes only one bad post from a well-known influencer for the speculators to run for the hills and to dump their coins. We are currently seeing that with all the things that are happening with Binance and the SEC. A while ago, Elon Musk said something bad about Crypto currency investments and the price went down. Elon Musk use social media to push his own agenda and he has been warned not to manipulate markets with his Tweets.
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The theory is that when the Fiat financial system is in a recession or if there are problems in the Fiat financial system, then investors and speculators are looking for alternative investments or safe havens. Now, I am not saying that Bitcoin is a good store of value, but it is decent enough for those investors to risk investing money into it. We saw this happening in countries like Greece and Cyprus and also in Zimbabwe, when they were faced with problems in their economy. (Hyper inflation scenarios)
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I like my slots and my Sports betting, but I think I spend most of my time on Dice, because I have to wager to increase my VIP level and also to qualify for bonuses. My favorite slots are the games that are provided by "Hacksaw Gaming" and "Pragmatic Play"... and my most profitable slots are from "Bgaming" I like to bet on Soccer and Tennis and also some of the Rugby games....and MMA fights if I know the fighters.
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I think your VPN usage has triggered their "red flag" matrix and this is complicating the issue with your KYC verification. They will look much deeper now, than with other people doing the same level 3 and 4 verification.
It is strange that a large casino like Stake are so strict on a small withdrawal of $6000 ...but I think the language thing might also delay the process. (They might not have someone that can read Taiwanese or they outsource this to an external business)
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I always say, if you want financial advice, go to the experts... not to family and friends. I started buying bitcoins when the price was at about $300 and all my family and friends told me that I was crazy. They said it was unregulated and illegal and that it will never grow into something of significance. They were wrong in so many ways and I proved them wrong when I sold some of those coins for $40 000+ This technology is still in it's early days of existence, but you have to look at the flaws in the Fiat system to see the potential in this technology.
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If you are in a situation where you have to leave a deposit as an emergency option and you have no other collateral, then I will do it. I will just make sure that it is a short-term arrangement, because I do not want to miss out on any price spikes. I will not do this under any other circumstances, because my Bitcoin must be under my control and available 24/7. Also, if you transfer your coins to another wallet and a fork is done... then you will lose out on any free coins from the new fork.
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I find that the lower level KYC requirements are very easy to prove, but when they start to ask the proof of income ....then things become tricky. The casinos almost always have issues with the "Proof of income" documents and you see complaints about this all over the Internet. I do not know if it is a interpretation thing or a lack of knowledge on the side of the people that are verifying these documents... but it is a problem with almost all of the casinos.
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There are some people out there that are professional gamblers and they want to build a reputation that their betting record are very successful. They will start out by giving betting strategies and advice for free and then later change that to a subscription based business model. They will then use that subscription income to place Sport bets and to gamble. So they basically create passive income from their gambling profession. (So people just do this to brag)
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Well, when he said that.. the Bitcoin price dropped to around $16 000 from around $30 000... so it was actually not a huge revelation. Now the price has recovered to $30 430 .... If people bought at $16 000 per coin, they would have almost doubled their investment capital. In hindsight.... it would have been a pretty good investment decision to buy in at $16 000. (Elon..... Buy the Dip)
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