So you're just going to disregard all the technical features of Bitcoin that offer a wide range of use-cases?

What about time-locks? Tell me how you can time-lock fiat currently, so it cannot be spent for X amount of days or years?
Then, lightning network and atomic swaps. Can you instantly exchange one form of fiat currency for another? (And be able to spend the money immediately)

Then there's also the fact that Bitcoin isn't controlled by a single entity. That fact alone provides us with use-cases that we don't have when using fiat currency.
Is it not a unique feature that we're able to send money worldwide with very little fees and almost no waiting time?

I'm definitely not rich enough to be put in the 'affluent' category, so I would not be a part of that list

What's even more interesting about this article, is the fact that a majority of millennials does not trust banks in general.
They would not go to banks to seek investment advice, which is absolutely great in my opinion.

In my country, a lot of people were duped by one particular bank into investing in a high-risk investment, while they were told by the banks themselves that it was a very low risk investment.
A lot of people lost their entire life savings that way.

Source: https://nl.wikipedia.org/wiki/Zaak-Arcopar (in Dutch)

No worries, the fact that no-one even mentioned anything shows how trusted you are

Thanks for another week

Oh nice! Excellent time to start playing again after a 2 month break!
Can't wait to win a few lottery tickets and hit it big

Last time I've played:


I think my break has lasted long enough by now

Your website is almost an exact copy of Swiftdemand's website, just seems a little bit fishy to be honest.
Even the basic income payout is exactly the same, as well as the referral earnings.

Why would you just do a low effort copy like that of an existing UBI solution?

Just compare:

https://www.swiftdemand.com/
&
http://basicincome.network/index.php

Also no SSL? Yeah no thanks...

I'm almost embarrassed to post my numbers here, I don't have too many reports.
I just go after the most obvious cases.

It has everything to do with addiction. The less time there is between the bet and seeing the result of your bet, the higher the chance that you get addicted.

I wouldn't be so fast to say that addiction is 100% the fault of the gambler, this is a very simplified view in my opinion.
Casinos use every trick in the book to get people addicted, even going as far as using psychological research for reaching those goals.

You can be almost certain that some casino's even work very closely with corporate psychologists, literally to make everything as addictive as possible, while still following the law.

Saying that a higher house edge doesn't affect you is just a bit weird. These things are not supposed to be noticeable. They are effective among a large group of people, affecting only a certain percentage of those people.

I certainly do not think that actmyname is suggesting to only play games with a higher house edge. He's merely discussing how a higher house edge might cause people to lose less.


In The Netherlands for example, it's required by law that slot games for example are not shorter than 4 seconds. For the reasons that I've described above.

Source in Dutch: https://www.jellinek.nl/informatie-over-alcohol-drugs/gokken/basisinfo-over-gokken/gokken-en-de-wet/

We're in Gambling Discussion, just look at the majority of replies on the other threads and you'll see why no-one replies to a serious thread that actually requires some thinking.
I know I sound negative and don't want to turn this into another discussion of the quality of the forum, just answering your question...

Now on topic:

The article you've shared mentions that people generally have "loss thresholds", meaning that they will only gamble till they've made X amount of loss.
You could indeed argue that in casino's with a lower house edge, they will spend more time reaching that "loss threshold".

Would it be right to conclude that there's an increased chance of developing addiction, if more time is spent on gambling?
I have looked into a few studies through Google Scholar, but couldn't immediately find a study that verifies those claims.

What I would also like to mention though, is that in some cryptocurrency-based casino's with low house edges, the time between placing a bet and seeing the result is very small.
I think traditional casino's usually have laws they must follow, which include a minimum amount of time between placing the bet and seeing the result.

Sources: https://www.medicalnewstoday.com/articles/15929.php & https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3361844/

That's an additional risk factor that's usually present in these casinos with lower house edges. Sorry for going a bit off-topic here, just thought it was something interesting to mention.

 

I can't access the article you've shared. Maybe there's a mistake in the URL?

I wish I could read it, because this is definitely an interesting subject and I'd like to see the rest of the research.
I've written one paid article for my Steemit blog and clearly mentioned that I had been paid for writing the article.

Even if it's not illegal in some countries, I think you have an ethical obligation to mention that the article is a paid promotion.
Definitely name and shame those news websites who agreed to this!

The real problem is that the people who are going to be affected by those types of scams, aren't usually the people who will look up information like that.
To really solve the problem of scams like that, is to immediately report them, so they don't get past spam filters in the first place.

Don't get me wrong, it's also a great idea to document and publish this sort of information, but it's an approach that will not solve the actual problem.

Now I'd like to see some articles that show how much crime is committed using Paypal or credit cards for example.
I'm almost certain that those numbers would just be way higher than crimes committed with Bitcoin.


Have you not even bothered to read the rest of this thread? It has already been mentioned that Bitcoin is not untraceable...

Yeah I know that, I mean it's mentioned in the WHOIS info. It's just that almost every review website also mentioned that they're registered in Russia.
Add the fact that they've used a Russian domain registrar company makes it all the more likely that they're based in Russia.

Wow, released under the GPL even!
Kudos for that, I mean you could have chosen a BSD license, but the fact that you went with GPL really show that you're leaving it as free as possible.

I'll certainly test this as soon as Crypto-Games is added!

Also upvoted your post on Steemit (as @daan)

What kind of guarantees are you going to put in place to assure investors that you're not going to run away with the investments.
I mean, it's pretty weird that you just made a new account on this forum and immediately ask for such a big investment.

Would you invest in something like this personally? Red flags all over the place...

Completely disagree with this. How are they even going to ban gambling sites? They'll just pop up somewhere else.
Besides, there are enough people that can gamble in a responsible way. Just because a few people get addicted doesn't mean that the rest of us should get punished for that.

Regular casinos have a way bigger house edge than some online casinos, I wouldn't be happy if those online casinos just became illegal.

The full list is a bit more interesting than just the top 10.
I had no idea that North Korea had 1 developer working on Ethereum




Who is this person? Would be neat if he would do an AMA for example.

I'd say that's very likely.

He probably talked about his wealth to the wrongs people and they've then set up the kidnapping to relieve him from his funds.
The fact that they still killed him after the ransom was supposedly paid is pretty terrible, but also somewhat logical actually.

If they had not killed him, investigators might have been able to find his kidnappers.

My condolences to his family, no-one deserves this.

Yeah the addresses are not the sort of information that needs to be listed IMO, but the website also includes the e-mails that accompanied those addresses, which is useful.
I'd implement better formatting for those e-mails, it's just difficult to read that way.

Can other people also submit entries? If not, I don't think this will have much impact tbh.

I definitely share mocacinno's concerns that this topic is just made to promote this wallet.
That said, in case it isn't, I would recommend going with an already established brand like Trezor or Ledger.

I have a Ledger Nano S and have been very happy with that for years now.
I bought it because the price/quality just seemed the best, compared to the Trezor wallets and I could easily ship it without additional costs to my country.

Paid around 80 Euros for it, shipping included.

Edit:

Here's an English video for that Kaiser wallet, should've just shared that immediately:
https://www.youtube.com/watch?v=hBmMs_8yIbQ

Well, all casino's are in in for the money, that's just a fact.
That doesn't mean that there aren't somewhat ethical casino's around.

Take Crypto-Games for example, since we both have it in our signatures

That's a partially crowdfunded casino and I do not think they have any of those shady tactics to get players hooked, apart from it just being gambling of course.

Lets see:

• Way lower house edge than those shown in the video
• I don't think they've programmed near misses into their games
• They will shut down your account and ban your IP address when you ask for it (in case of addiction)
• No addiction inducing bonuses with rollover requirements

I'm sure that there are more reasons, but just wanted to show that it can be done differently.