I've looked into it and I did some research, that's not the way that money laundering works

'Overvaluing or undervaluing artworks, using intermediaries for transactions, creating false provenances, or rapidly trading artworks to create a confusing trail of transactions'

, it's has to be something of value at least worth the amount that they want to buy it for, then they would have a line if buyers that they woud sell over and over again to leave little trace and then the final buyer that would give them their money, if anyone thought of doing that then it must be some long term plan.

You can read more about how arts are used for money laundering here.
https://alessa.com/blog/art-money-laundering-explained/#:~:text=Art%20world%20money%20laundering%20employs,a%20confusing%20trail%20of%20transactions.

I really couldn't grasp the first part of your post, i understand that you are proposing that we prioritize our bitcoin investment but that in no way should be out of our disposable income, whether you like it or not our daily needs comes first before investing in Bitcoin and the best we can is to limit some of out extra expenses to get our discretionary income up and invest in bitcoin.

A disposable income doesn't or in no way is the left over of our income, its rather what is left after all our expense has been removed, and with that amount we can chose to invest it in bitcoin, you can't be insinuating that we put bitcoin investment first and then take what is left for expense, we woudl surely regret that cause we can get into unnecessary debt or emergencies due to such poor cashfkow management decision, so it's always going to be better toninvest out of our discretionary income.

IMO bitcoin is an asset and can be approached as such, what i see as gambling is when people rush into it just for profit sake and end up screwing themselves up by think in short term and maybe they enter because if FOMO and if bitcoin drops in price they lose some value in their money and end up leaving with a lose.

I'm seeing this as a political strategy to win voters to his mostly youths and those that are increased in the future of crypto and beside he only said he can live with it and that wasn't an upfront claim that he would make things better.

Anyway many peopel that fought bitcoin in the past are now changing their perspective towards it, so it's no suprise trump is too, just that it was quite unexpected to come from trump.

I don't think its right that he approaches bitcoin with all his funds, it should be from his disposable income of his company, you know bitcoin is volatile and you can not guarantee him profit to come along in a short period of time, ifs surely going to take a while for his investment to mature and for him to start seeing profits.

What I'll advice is that he DCA part of his disposable income into Bitcoin with along term approach and after a while he can start using the money to back his business up.

That would definitely be a good improvement if the government were to approve crypto currency as payment for workers pr at least give them that option, but the question I'll ask is which crypto if its some meme coin hell no ill rathe take my chances with fait than having some wanna be volatile junk shit as payment for my work, but if its bitcoin although also volatile at least can last at a price till I trade what I want and keep the rest.

Indeed quite a long text you have written here, I'll rather say its quite impressive that you want to explain what bitcoin is point to point to your old dad, I would hardly believe that he would last more than 5 minutes listening to you or rather get ready for a while lot of questions to be thrown at you, anyway it's good post you made and that's fact.

What is noticed is that most people after accumulating a lot of bitcoin just rather keep them and sell them little by little and try to maintain it, you see many people view Bitcoin just like any other asset and see no point in selling it.

Although it's not compulsory to do this, long term approach is the best and after accumulating bitcoin for that time period you can decide to see right after you have gotten to your goal, but personally if I'm able to achieve having lots if bitcoin I'll keep em and apply selling strategies, that's how I see it.

My dad is more like the no online guy, he doesn't want to hear it not after he was scammed by one website that promised him some huge roi for his investment, although it wasn't much he just tagged it all black, with the high rate of scam going on in the crypto space most older person's are quite cautious with how they woudl like to thread in this section some stay off and other would need a little more convincing to make them do anything, the only person interested in bitcoin aprat from me is my bro but we haven't put as much as we want into it yet.

Gambling addiction Is fucking real and can cause more harm than good to anyone involved, this this has just mealted his finances in less than a year, this calls the need for education on gambling addiction and finding ways to help those thar are already too dip put if that financial pit hole that threatens to destroy them.

I must admit that many altcoins would do well this year and its best you don't get stuck holding any if them, I'd advice if you want to hold anything go for bitcoin it's the best and you won't worry about price dump much, altcoins I would have recommended are already up, bnb, eth im not really an altcoin Person but sure keep buying.

I agree with you on this, just saying we would invest an amount can put us in trouble and in most cases you could end up struggling to meet up to the amount, so it's better to make those decisions based on your discretionary income alone, prioritising bitcoin investment doesn't mean you should over do it or invest all your income into it but rather it should mean that you allocate more from your discretionary income to it or chunk down other expenses to increase your discretionary si that you can get more bitcoin and at the expense of your well-being.

Thete are also some expenses that cannot be neglected, so I'll preferably recommend expenses on enjoyments can be best reduced for bitcoin.

Both you and Tmoonz are quite on the same page, he is only proposing that at least someone should have basic knowledge before venturing into buying bitcoin, although some of those stuff he listed might take so much time to learn which i disagree that they are important for anyone to learn before getting into bitcoin.

Cashflow management is something that you never end learning, from the first day that you decide to buy bitcoin with 10$ you have already started investing, I understand that a newbie might not have figured out the difference ways to chuck down the expenses to maximize his bitcoin investment but I rather say that he should remain as aggressive as his knowledge can carry cause it might also be that he has not been practing self insurance or have any emergency funds prior to his first purchase, so as je gets more knowledge and knows more about himself and what he can do to better put himself in oder then he can start getting more aggressive and maximize his bitcoin investment.

It's totally wrong to tell someone to learn it all, what you fail to realise is that we never stop learning this stuff, as we progress we improve ourselves and what should have been our risk tolerance or disposable income of yesterday would become bigger and we get more stable in balancing ourselves as we know more. So yeah it's better to get started immediately then grow with the process, I tried that and I'm still learning, if I hadn't started when I did I might not have even understood what most if what Jay or anyone was saying , the process is the best teacher.

That's up to you and the activity you fancy on the forum, the forum has an endless topic on various areas that you can learn from, if you love to read there is a lot to read about, if you are talking about forum activity then it depends on how many post you make and you can read more about it here.

https://bitcointalk.org/index.php?topic=1689727.0

Honest response, merit is awarded by who ever has one and its a choice to give out those merit, so if you haven't been getting merit it means that you might need to give more helpful information to the forum, although there are merit sources that have the job if distributing merit to quality posts on the forum, take a chill pill and relax.

I must admit I've been quite inconsistent in my report here although I have not deviated from my daily pushups and excerise, I really appreciate this thread for helping out in building a habit that has and will ever be helpful to me.

I would give a comprehensive report of my progress since the last time i reported here.

100k,teamsherry,44,4805,2024-05-23

Personally I've witnessed someone who has gotten violent out of gambling loses and even threaten to cause a scene if there didn't return the money he has lost, it was so intense that there were tears on his eyes and it seems to be his child school fees he had used for that purpose and it was gotten from his wife.

Your very right when you said it can cause more than just mere lose of funds, some people get wreaked out of gambling habits and that's why gambling education is needed in the community right now.

I think it's because of the way they gamble, the richer have less to worry about and they gamble based on what they know, they pick few games and stake high on it, that's how they gamble, less risk and high stake, but the poor can't afford that strategy or wait for so long trying to multiple their money si instead they would put all their problems in one long slip that has a 1000 odds and woudl most likely not play out and stake small and at times to even out their chance of winning they would have multiple tickets and stake so much little amounts on all of them.

I can recall a man on my street that usually is seen with so many bets slips and all of them are so long, he woudl pick up draws in one slip and wins in another slip and over 2.5 in another, and that's how he woudl give each selection one slip  till he has so many slips on his hands and worse of all I've never heard of him winning before.

Normally such money should go to the government but I've never heard of such happening before when a casino returns money back to the government and j think that should be the right thing to do, but I don't think there are acting based on or working with government agents but rather anyone who defaults the law they trace I and lawfully retain the money but they don't submit it to the government.

Your right it's just what power does, some people don't even know themselves or what they are capable of until they get power, you would see a one so humble person turn into the king of pride once he gets rich or someone who wasn't a bully starts to to bully others once he learns some fight moves, it's all the human nature, power in its own is not evil but the human soul has evil tendencies and when power come you just fall to the dark side.