Bitcoin is based on capitalism, since I'm pretty sure all forms of socialism are based on centralized control of the means of production. Meaning banks and currency would be under that control. Capitalism is really just freedom. Freedom to do what you want and freedom to discover and find value in things. The fact that we find value in Bitcoin is purely capitalistic in nature because there is no coercion.
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Since every aspect of our life becomes digital, it's inevitable that money will follow the same path. We already use credit cards and online money transfer with fiat money, and bitcoin is another form of digital money transfer. So I believe the paper money will be no need, and people will give up on that in a few years.
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For me it was when a team I like was an underdog, but I was sure they are going to win, so I thought I can also have some money while enjoying my team winning. That's how I first started to bet. And then, after I won, I was keep on betting on other matches, much less important to me, but the bet itself made them excitement for me.
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The option should be available, because if someone doesn't have problem with that it's an easier way to login. But an alternative way to login should be presented for people who would like to protect their identity and use the site anonymously. I, myself, won't login to a gambling site using a social account.
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Trump’s plan to increase infrastructure spending, alongside further rate hikes from the Federal Reserve, will cause the already surging dollar to “hit the moon.” The strong dollar will force emerging markets to seek an alternative currency. And here is where bitcoin comes in. So I predict it to hit 2000$ while Trump is the president
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In the real world you'll need at least 20 bitcoins to be considered as an investor. It doesn't need to be different when talking about bitcoin, except for the high volatility of the bitcoin. I think that investing small amounts is good for learning and practice before the real thing, but you can't call it investment.
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Fees will continue to increase. For a "fee market" to evolve, there needs to be demand and suppliers. But there is only a fixed supply. If fees get high, there's no way for miners to say, "Oh fees are high, we should mine more blocks or larger blocks to capture these fees". So fees continue to increase because demand is just slightly higher than capacity. Anyone who has ever used the phrase "fee market" with respect to a fixed block size has no grasp of what is and will occur.
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New England Patriots 31 @ 26 Atlanta Falcons
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HT: Juventus 1 - 0 Inter FT: Juventus 2 - 1 Inter
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Kids should understand it more than adults. I find the hardest part about explaining bitcoin to people is that they have to unlearn so much about how the current system works. It's difficult for people to unlearn unnecessary shit.
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Unless your country is too weak economically, your country laws should provide you a way to get those funds back. Sorry for your loss though.
So whats the update now, are you still fighting for it?
The financial industry is looked upon with suspicion these days. Some of the scorn is warranted, especially where greed was excessive or innocent homeowners were forced to move out. There is also always the risk that technology fails and bank account information becomes unverifiable.
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HT: Chelsea 1 - 0 Arsenal FT: Chelsea 2 - 0 Arsenal
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Is it possible it's the miners themselves doing this to put pressure on the core team to make the necessary improvements? After all, the miners will reclaim a portion of their own transaction fees – with enough collusion between large miners they could do this almost for free
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User ID: 0012158 Match: Chelsea vs Arsenal Prediction: 2 - 0
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User ID: 0012158 Match: Hamburg - Leverkusen Prediction: 1 - 2
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I think INTER will win match against JUVENTUS, because when they play against JUVE seems that are playing a World Cup final! So i'll not surprised if INTER win: i expext something like 2-1 Yes, inter always give surprises when against juventus. If this is happen then there are opportunities AS Roma to catch up on points and make the big 3 competition becomes more attractive. For this match I bet over 1.5 goals. The juventus at home is a war machine, is almost unbeatable, this year in Serie A has always won with 29 goals scored and only 6 conceded in 11 matches. During the week the juventus has not played while Inter played in the Italian Cup against Lazio. The juventus is definitely the favorite. I think it would be great for inter a draw against juventus. Even a draw will be a big surprise. Since the last time those teams draw in J-stadium was over two years ago. And moreover, after 21 matches in serie A, Juve is the only team that didn't draw. Actually they are the only team in Europe this year that didn't draw yet.
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Bitcoin is a decentralized online currency. This means that nobody "controls" it. It is controlled by the network, and the people who you it. It is
self-sufficient, and there is not one specific person or group that controls it all. It is simply run on an algorithm. If you want to learn about how it became
mainstream, do a google search, and you will see how the dark web allowed bitcoin to grow into what it is today.
The truth is that it is the Bitcoin users who wield ultimate power, and the miners' hashing power has absolutely no say in determining how the protocol evolves. There are two kinds of "voting power" in Bitcoin: mining power and chain power, and the latter is what really matters because it, solely, on its own, determines how the Bitcoin protocol evolves.
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I just saw yesterday the movie "Hell or High Water". This movie goes a step beyond mere entertainment, though. From its story of an economically depressed family, it draws out to take a wide view of the economic conditions of their West Texas setting. As the characters drive from county to county, passing myriad signs advertising debt solutions, foreclosed properties, and arid farmland, the film paints a picture of a world most in the so-called coastal liberal elite too often ignore.
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Hash rate increase is good for the network but most of these comes from big miners and could lead to centralisation and cabals running the mining activities.
It is certainly true that difficulty (in the general sense, not just numerically) will increase. Mining profitably today is not nearly as simple as it was a year ago. The hardware is much more expensive and is less available than the CPUs and GPUs used for old fashioned mining. If you want a profitable piece of hardware, you’re going to have to shell out some dough, and even then you may have to wait several months to receive a device that costs more to run than it mines.
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My grandmother lends money to people who want to buy a house but who have bad credit and are unable to get a mortgage through traditional channels. They buy a property and she loans them the money to fund the purchase, charging 13 percent interest. For a typical $150,000 loan, she will receive $19,500 per year in interest income, or $1,625 per month. In essence, her money is going out and working for her.
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