I agree with you. If that money is idle at the bank (losing purchasing power to the inflation) without any purposes of being used soon, why not invest in Bitcoin, then? That sounds a logical idea for me.

Yes, he needs to explain his friend the basic concepts of Bitcoin, and what he should expect from this investment on short and long term. From that moment on, his friend can also start searching for informations and knowledge by himself, as there is a lot of content on the internet regards Bitcoin nowadays. He just have to make sure to absorb content from legit sources of informations.

Many Bitcoin adopters are fearful of introducing other people to crypto universe, but I guess to show them the tools, so they can do that by themselves isn't an issue at all...

Once they experience a bit of gambling, they will feel the excitement and thrill of the first winnings, what will trigger even more desire for gambling. It can disturb their focus on the school and its subjects, as they will keep thinking and talking about gambling all day long with each other, probably even imagining they don't need to study anymore for a living and professional career in the future, since gambling seems the perfect alternative on this case.

It will take some time until they realize gambling is a bad idea for earnings, and that it should never replace school and education. It can prejudice these students a lot until they reach that conclusion, while others are likely to not even reach this conclusion by themselves. So, to have a casino near an educational institution is definitely a bad idea.

For gamblers, this regulation won't change anything, as long as they play at international platforms which have nothing to do with brazilian territory. For businesses, though, it's highly suggested they just register their services outside brazilian territory and operate as a foreigner business, just like every other gambling services around, so nothing will change for them as well.

In Brazil, you shouldn't waste your time and energies* thinking on how dumb, absurd and shady the laws are. All you have to do is to find gaps on them in order to maintain your activities without breaking such new regulations, and without allowing yourself to be abused by the bureaucrats, oligarchs and politicians.

*Make sure to use your time and energies with self-development, so maybe someday you can have enough conditions to leave this hell called Brazil.

I've read today Bitcoin can reach 48,000$ next, if the current trends continues downside. At the current point we can't trust anyone anymore, because there are every kinds of predictions available. Nobody knows for sure what is going to happen soon, but I guess the fact Bitcoin is unable to hit a mark above 72,000$ is due to the fact speculators don't let the market thrive.

They are going for short term profits over their investments. They buy considerable sums of Bitcoin and hold for few months only, selling right after for one digit profit percentage. So, at same time they help increasing demand when buying, they completely annul the progress made once they sell off everything. And then we are unable to leave this price zone.

There are indeed people who make a living from scam schemes in a recurrent basis. Unfortunatelly, I've already had the displeasure of meeting some on my way... At first point, you really don't think they can do this for real for a long time, but surprisingly they can. These people are educated on the tricks of being a professional scammer. They don't have any belongings and patrimony on their names, so even if the scammed victim sues the scammer on the court, he will claim to be bankrupted, therefore, he can't pay his debt.

Probably he will be forced by the court to pay with his personal labor force, but these people are slippery and will never fulfill what they are supposed to, so in the end they are just going to make the lender lose his time, money and energy expecting something in counterpart. It's also pretty common these scammers live constantly escaping from the cities and addresses where they are registered, so the creditors can never find them.

People don't have much in common with each other nowadays. Relationships last for short periods of time, because people tend to get bored of each other quite fast for minor reasons, or no reasons at all. Modern people are heavily emotionally and fragile, but lack developing deeper feelings with deeper meanings which create strong and long-lasting bonds. Somehow, it's related to the relativist mindset of the present era, where everything depends and there aren't truths anymore.

It leads to the trivialization of feelings, traits and values which were highly estimated previously, such as honor, loyalty, love, admiration, care. Those genuine concepts don't exist anymore, therefore the relationships have frozen, and people only admire and care for another person, as long as there is money involved or any other kinds of material rewards.

The subtlety has died, and as consequence we are forced to exist in a dystopian world, where apathy and fake social interactions reign supreme.

The evil tempts humankind since the early times, as we can see on the stories and teachings which have been told to us by our ancestors and which are intrinsic to our societies and cultures, doesn't matter where you are from, as it's common to all of us.

Naturally, the desire and pursue for money is directly related to that temptation, which turns mankind into greedy individuals who lose control over their principles and values, so they can achieve material wealth and become more important and influent among their pairs. We don't know exactly from where such temptations come from, how they take control of us, and why some individuals are stronger than others when resisting to them.

But we can't deny it doesn't happen or doesn't exist. However, it's not possible to say demons manipulate the bets' results on the favour of the casino, because we know there is factor called house edge, which gives a mathematical advantage to the casinos on long run. That is why they profit and gamblers lose.

Even more childish is the fact he is now hiring a lawyer to claim the casino has to give him the money back, because it didn't have a license to allow spanish citizens to access the platform. If he had won and profit was coming in, he wouldn't go against the casino for that reason, but since he is into heavy debt, that is his personal vengence against the casino...

I feel it's not right what this gambler is trying to do, although at same time I also keep in mind he is a sick individual who needs help, and receiving back at least part of that total sum of lost money could pay for his treatment's costs.

You are right. There is only fun in gambling when the gambler plays with an amount he can afford to lose, because since it's money he isn't going to need later, he won't miss it a lot. By money you can afford to lose, we usually mean it's replaceable money without much difficult, effort or uncertain. That means if the gambler loses that sum, he shouldn't bother at all, since he is going to recover that money later through another sources of income, so it's a sustainable way to gamble.

Also, just to say to be gambling for fun doesn't mean anything at all... In fact, actions speak louder than words, so we should pay attention to how people act, instead of only listening to their words, which in many cases can be just empty words, empty promises or lies! Addicted gamblers are masters on that matter and as we can see, their words don't find solidity on their actions.

4,62% inflation in 2023. Right now, bureaucrats have as goal the decreasement of that yearly inflation to 3%, although the scenario doesn't look good in anyways, as prices skyrocket each new week you go to the supermarket. Citizens aren't concerned, though, because their priority is to lick politicians' asses and fight each other, based on who they support and who they hate. Personally, I have never seen so dumb and idiotized citizens like we have today.

Is it result of wide internet accessibility without educational and moral backgrounds to ensure the benefits of having access to such technologies in large scale by the masses? Is it just a consequence of modern society's decay? Is it what happens when a considerable portion of the population uses and abuses drugs (including medicines), becoming totally alienated from reality and unable to display genuine and congruent reactions towards its absurds?

Well, modern economies are a real freak show at its worst concept! Even first world countries can't escape this reality anymore...

Frankly, if I were the casino owner, I wouldn't really care on why customers were playing on my platform. I would just care about offering a safe and enjoyable service to the public, while expecting to make some profit in return. The feedback of the customers is really important, so I could know what I should improve and what I should maintain on my business, but the reasons why they are gambling are indifferent to me, in the position of a casino owner.

Moreover, there are so many customers, that if you stop to pay attention to each one's story of life and motivations, you are going to spend all your time on it, without having any spare time for managing your business and participating another affairs and tasks of your daily routine.

Addiction and greediness walk side by side, but if we have to say which one is the most harmful, I would say it's addiction, because it implies a more compulsive and disastrous behavior from the individual, what means he acts without thinking rationally, logically and thinking on the consequences of his acts. Greediness solely, on the other hand, might mean the individual is avid for profits and wealth in an extreme manner, although it doesn't imply he acts compulsively for that reason.

Actually, he may act rationally and logically in order to achieve his greedy goals, being a successful businessman, entrepreneur, investor and so on... Greediness doesn't necessarily prejudice someone's skill to make money, while addiction does.

What does he want the casino to do? What is this problem he mentioned to have arised? The fact he lost money, the fact he is a gambling addicted or is there something else, like the casino freezing part of his winnings or deposits?

Sorry, but what this man has to do from now on is to treat himself to get rid of this gambling addiction and move ahead in his life. He has to work and build wealth once again through his labor or another sources of income he might have already. Moreover, he has to accept the consequences for his bad decisions in the past. It's his responsability after all as it's also his responsability to decide changing his behavior from now regards his personal finances.

€500,000 is a huge amount of money and unfortunatelly it's gone. Now he has to think how to act in present time, so his future won't get completely compromised...

I would say that if you can avoid committing mistakes and learning with someone else's mistake, it's going to be better for you, as you can save yourself time, effort and money this way, which can be used for more constructive matters in your journey. But if you are unable to avoid mistakes, it's better than doing nothing in life, since you learn something with them after all. If I started gambling today, probably I wouldn't have to go through all the mistakes I did when I was a newbie, because back then we didn't have the current informations and knowledge which is shared on the internet.

Crypto was a new thing yet, and many people thought it was possible to turn online gambling into a profitable activity for crypto enthusiasts. It was pretty common to find advices on this forum suggesting gambling as a money making method for newbies in crypto environment. So, it was easy to believe such advices and go for them.

Nowadays it's different, though. Many people have already gone through the route newbies are discovering just now. So the newbies of our days can just take the experiences of veteran gamblers into consideration in order to not commit the same mistakes.

Withdrawals should go through a strict procedure to ensure their legitimacy before being approved.

Maybe to have users' accounts organized by ratings or flags could help, just like those accounts which don't have a captcha completion required in order to claim the reward from the faucet.

These accounts could be white flagged, meaning the withdrawal process could happen faster, without many security protocols, while new accounts from users who only make use of the faucet should be yellow flagged or something like that, going through stricter processes in order to withdraw their money from the platform.

People who deposit considerable amounts of money on the platform for investment or gambling purposes are less likely to cheat, because they know they can lose their deposits if they do so. Other users have "nothing to lose", though.

Nobody knows for sure. We have predictions of every kinds on the internet regards Bitcoin next movements, but it's fairly safe to say that nowadays there are much less pessimism over Bitcoin than we had in previous years. Nowadays most news and predictions are optimistic about Bitcoin's future, especially right now that we are in a bullish market, which has potential to drive Bitcoin to a new ATH in the upcoming months.

Yes, Bitcoin rules crypto market in every directions. If Bitcoin loses demand, the whole crypto market suffers, and when Bitcoin pumps, crypto market pumps as well. There isn't profit in crypto market when investing in altcoins if Bitcoin isn't doing well on the present time. The whole market relies on Bitcoin to thrive and survive. Without Bitcoin, this market wouldn't have the same reputation and confidence from investors.

Understanding mathematics and logics help gamblers learning the nature of gambling games, how they work, which mechanisms are behind them, what they can expect from such games, and of course the most important aspect: to learn how to manage their bankroll responsively and efficiently. It's not going to make difference on long term results, as mathematics show us gambling is unprofitable the more we play, due to the advantage casinos have over gamblers, but it can improve someone's experience and performance as gambler, since they can have a healthy routine in gambling this way.

No. Taxes are enforced by external forces, such as governments, regulators and authorities. You don't have the alternative of not paying the tax. You have to! On the other hand, you play the lottery because you want. Nobody is forcing you.

Good news, after all...
After some pressure from the media, the casino felt forced to pay the prize to the winner. In this case the media was very helpful and the gambler should be really thanful to them for that. On the other hand, after reading these news, I wouldn't feel comfortable using OLG's gambling services as customer, because their excuses are shady and seem to have as main goal to scam the winners. If a gambler has a ticket and the ticket is awarded, they should just pay the prize to the individual claiming it. Maybe the winner doesn't want to reveal himself, so they shouldn't force him to do so.

Well, thankfully crypto gambling exists, so gamblers don't need to expose themselves to this kind of embarrassing situation.

Yes, this is a pretty common experience in gambling games. When I faced long loss streaks I just played until the end, that is, until the last penny, through Martingale strategy, in an attempt to recover the previous losses and still finish the gambling session in profit. Through this strategy all you need is one winning to recover from all your losses and still make some profit. If you lost 5 times in a row, maybe the 6th will allow you to recover yourself.

That is the idea, although you can't rely on this plan on practice aiming long term favourable results. At least, that is what I was used to do, as I considered I didn't have greater alternatives besides that, anyway.

To have a gambling house near an educational institution can encourage students to gamble quite often, especially because we are talking about a collective phenomenon, where each student works as a reinforcer for each other towards gambling. Youngs get much more susceptible in doing something, if they are encouraged and endorsed by their pairs. That is how they develop addictions and get involved in risky activities.

The gambling house near the school can prejudice students a lot, if they aren't smart authentic individuals who are able to say NO to the temptations around them. These students may have difficulties saving money, having good grades, what will also impact their learning skills and social interactions negatively.

However, I must point out that it's not a fault from the gambling house, but a fault from human beings who can't resist the temptations of the world and the requests from their social circles.