It has already been tried by people with a small capsule that was implanted under the skin of a human. It consists of (RFID) technology and near-field communication (NFC) if I remember correctly. ( https://www.cnbc.com/2018/04/13/why-this-guy-paid-75-to-store-bitcoin-under-his-skin.html ) It is also a very controversial topic, because most people say it is unnecessary and even more dangerous than just using a credit or debit card with the chip on it's own. (Imagine someone cutting off your hand and extracting the chip from it and then using that as a contact less payment option)
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You had me excited... until I read the little buzz killer word.. DeFi - https://www.coindesk.com/layer2/2022/07/05/the-era-of-easy-defi-yields-is-over/ DeFi technology are quickly going the route of initial coin offerings (ICO) ... it was a fad or a short lived craze for a while, but the novelty are not there anymore. Things like this should only be based on the most popular Crypto currencies ...and not on a get rich quick fad. I think you will have to re-think the whole DeFi thing..... most people got burnt by it... and do not want anything to do with it anymore.
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Some people are rich, because they inherited their wealth or their previous generation opened doors for them to be successful. I know of several examples where people with money, used their money to get their children into top educational institutions. So, it turn out that it is all about what you have and who you are linked to... and not simply what you achieved. A perfect example is a son of one of my friends.... he was the top achiever in his school... he then applied to study for a doctor .... and he was denied.. but one of his friends with a doctor as a father, with average achievements.. were accepted.
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We have to understand why people store their coins in centralized exchanges, before we judge them. We know that before Bitcoin came onto the scene, many people only had one option to store their money, namely Banks. Then Satoshi Nakamoto gave us an alternative option to store our wealth.... away from any centralized financial intermediary services, but the private sector profit hunters..quickly saw an opportunity to make some more profits and they created Exchanges. People being human... looked for easy methods to buy and sell and store coins.... so they opted for using these centralized exchanges ... so it was their choice to use centralized services again. If anything goes wrong with Crypto Exchanges... people must blame themselves for storing their coins there.
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Well, in my opinion ... people invested in US Bonds will look for other "Safe" investments ... because the US government will default on paying interest on US Bonds. (Bitcoin is seen as a store of value by many people, so they might consider increasing their investments into Bitcoin) That said... a lot of people will transfer their wealth into Gold and Silver too, because that is also seen as a "Store of Value" ....even though I am not sure that Gold and Silver are such a good investment ..with the uncertainty of the amount of Gold that are stored in vaults.
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Well, now that we have determined that the aim of the project are not to make the phone call untraceable... but rather to make the payment for the call untraceable, we need to dive into that. You need to educate the users on the correct methods to have pseudo anonymity for their transactions with Bitcoin... or this whole idea will be useless. (People should not re-use Bitcoin addresses or make payments via Exchanges or 3rd party wallets etc... so these things needs to be added as a "How to" guide on your site.) Good luck with your project... it has some legal advantages.
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The way I understand this is as follows... The return to player (RTP) are configured by the third party Slot provider and cannot be easily changed, but some casinos have their own original games with very good RTP. (They can alter the RTP very quickly on their own games, with the push of a few buttons) Now for us to determine what the configured RTP for a Slot are... is almost impossible, because you need to do over 1 million bets to determine the RTP.... and they might have changed the RTP, while you were doing that. The cost is also very expensive to do that... (say you do 1 000 000 bets of $0.10 each, then you might spend almost $100 000 for that test) The casinos have to make profit or they will have to close their doors.... but we need to have some cheap and fast option to verify their RTP. (Total transparency are needed)
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don't forget to check your email for the post monthly because it just dropped today
Yes, I can confirm that it is out.... I was wondering why Stake was so hungry this last week... so I actually predicted that there will be a Post Monthly, but I was shot down in the English chat channel. (People got used to Everton having to win for us to get a Pre or Post Monthly) Thank you Stake for giving us a little boost for the Weekend... most of that will go back to you in the form of Sports betting from my side. Enjoy it guys & gals!
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Well, debate is the only way to go.... without it, we will fall into the same toxic situation where we have people with hidden agendas trying to do a power grab on Bitcoin development and implementation of harmful ideas. (BCash pushers) I watched the whole fork battle ..back in the day.. and I saw the division it caused in the community, but that is unfortunately what the whole consensus idea is about. (Bitcoin BTC eventually came out on top.... and we stayed in good hands)
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I think you should also consider the size of the US economy to get a clear picture of their debt, compared to other countries. We need to understand that debt are driving an economy and that not all debt are bad. People need a roof over their head.. and not many people are in a position to pay cash for a house... so they take out a mortgage with a Bank and they pay for that house. The biggest problem come in when people cannot pay back the debt and when they survive on debt. So, we need some statistics to show how many people are defaulting on their debt and how much of that debt is good. In this instance .... the US government might be in a position... where they might default on its debt or stop paying interest on its bonds.
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The white card is essentially the opposite of yellow and red cards, it is used to show recognition of fair play. I think it would be nice if they add a white card point to the ranking points.. which will come into play when teams have a draw. In a draw, a team will get the edge over the other team, if they received more white cards than their opponent. (That will reward good behavior and good sportsmanship) Currently, there are no benefits... so players will not really go out of their way to receive a white flag. This will just turn out to be a gimmick and people will ignore it.
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You cannot run a casino without a Bankroll ... and you cannot start a new casino without initial funding from your own pocket. The gamblers lose money and they win money, but the house edge is given to the casino as income. So they get a fixed income... no matter what happens... but they can change the RTP on their own games ... or ask the 3rd party Slot provider to change the RTP, if they want to get more income. Their income is not pure profit, they have to pay a lot of money for marketing and future development and also labor cost and expenses that are linked to their IT equipment and security.
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At the moment we do not imply any kind of KYC whatsoever and there were no precedents that shown otherwise. But due to the nature of the topic, such may be requested if there would be suspicion about major fraudulent activities. Please be advised that there should be completely no issues if there are no violations of T&C.
Ok, just as a matter of interest.. What will push you to implement KYC requirements in the future? Most casinos come here and say they will never implement KYC requirements. The reality is... most of them just use this method to build their bankroll.... and as soon as they have enough money to operate without any issues, they change their policy and they kick all those users that are not adhering to their new KYC requirements.
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OP, why do you single out Bitcoin for this? "Big Money" are bad for all financial markets, because those large speculators influence all financial products, for example (Stocks / Shares / Forex trading / Maize prices.. etc.) So, this will be a problem ..no matter if you implement "Proof of Work" or "Proof of Stake" .... or trading on Nasdaq or any other financial platform... the rich will manipulate the markets.
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Well, there are a lot of factors to take into consideration .. if you want to debate this. 1. Maintenance cost - When you own a house, you are liable for the maintenance cost, which will eat into your future profits. When you rent a house, your landlord has to pay for the maintenance of the property. 2. Taxes & fees - In my country, if you own property... you have to pay property taxes ...and this goes up every year. You also have to subtract the fees that you have to pay for refuse removal and water and electricity and/or levies. The person renting the property, just pay the rent... and the owner pay those expenses from that rent. 3. Registration & Sales commission - A owner have to pay registration cost for the new property and also sales commission when he or she sells it. (This can be expensive in many countries... and it is based on the size and value of the property) The person renting ..do not have those expenses. 3. Interest on the Bond - You pay almost double or triple the mortgage amount in interest over the duration of the Bond being paid... so you as the owner ...have to hope that the property prices has increased more than that..to be able to profit from that.
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What about Loan scammers in chat .. ?
There are quite a lot of people in casino chat channels... that will ask for small loans and then people will fall for their stories and they will loan them money. Those people use Alt accounts or accounts that they have bought from other people .... and when they receive the money, they will simply cut and run.
These people will also stalk people's social media accounts, when they spot them on other social media platforms. (Telegram / Twitter ...etc)
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So are you guys following the twitter updates from the @Bitcasino team as there are lot of useful information shared about the ongoing promotions and just see this one : Road to riches and the promotion is being done by the casspernyovest so see if you can take chance in this one. I haven't seen an update on twitter from the @BitCasino team regarding interesting bonus information and promotions. Is there still a chance to get the bonuses and promotions that are being given at this time? What's more, I also just found out about the promotion given from your comment and I haven't registered on the BitCasino site. To be honest, I have only just joined 3 casinos and I want to follow and play at other casinos that are trusted and have lots of bonuses or promotions in them. Karl and the guys will post the promotions, when the marketing team has finalized it.... it is still early in the year..and most people are probably still on holiday or they just returned. I spoke to a support guy from another casino ..and he said, things slowed a lot during Dec/Jan ..because many staff were not at work. I think most of them will have their meetings and action plans will be drawn up for some big promotions for this year. We need some "mood" lifters... after all the money we spend during December/January .... and I hope a few good promotions will be just the thing to boost us for this year.
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Genesis coin is your client that is crazy anyway if bitcoin get regulated what happens with all of them (if the regulators have tight rule on bitcoin) did put atm need a license to build. but it always good to see news that made crypto more easier to reach by people Regulation is not necessarily a bad thing, because it gives guidelines to businesses to accept and use the technology. A lot of businesses want to use the technology, but in a lot of countries.... governments and regulators are halting their efforts with poor regulation. Regulation are bad, when it creates a barrier to entry or if it is over regulated.... like we saw with the "BitLicense" in New York, where they made it so complicated that people had to hire consultants to assist them to adhere to the regulations that were introduced. Now these companies have to start serving 3rd world countries... and stop concentrating on only serving first world countries.
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I don't know why people want to specifically buy SSD drives for this?...... you can go much cheaper and just buy bigger SATA drives for the same price or less. SATA drives are also slower to boot up and slower in retrieving data than SSDs, but will a few milliseconds really make that much of a difference for average users? You get some pretty good high performance SATA drives within the 1TB to 2TB range, with a lot of cache and good RPM that will be more than enough for the average user.... with an affordable price tag.
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You are trying to achieve the impossible ..... All countries have a minimum wage.... and that is based on the cost of living in that country. Let's take the UK for instance... The minimum annual salary for working 40 hours per week are £19,760 if you are 23 years and above (roughly £9.50 per hour) and £4.81 per hour or £10,004.80 annually if you are 18 years and younger. (Now if you are living in Londen, that salary will not get you very far, because the property prices are very high.... and the rent is not much cheaper) Also, more and more people are now working from home ....so you can be situated anywhere and still earn a salary. You even see people working from other countries .....and earning massive salaries, but their rent or property prices are dirt cheap.
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