Yeah, it's simply because of the lack of awareness. I guess there's nothing wrong with their choice because the two young ladies don't know a thing about Bitcoin. If I haven't heard of Bitcoin yet and I were also given the same choices, I would have also chosen $100. Why they're not aware of it especially at this time, I don't know, but it's not surprising either; it's not as if Bitcoin is already that popular. What percent of young adults all over the world have actually heard of Bitcoin? To those who have encountered Bitcoin already, how many of them actually know what Bitcoin is?

Perhaps what was surprising in those two youngsters, which could be representative for the rest of us, is that rather than asking what was that other option is, they just went ahead and chose $100. They could have asked a couple of questions like, "what is Bitcoin, by the way?" or "how much is that 1 Bitcoin worth in USD?" or "is that Bitcoin thing worth anything at all?"

It is completely understandable for Blender.io to rebrand and relaunch under a new name Sinbad.io. There's nothing surprising with that; they want to get around sanctions. What's ironic is that they are into a business of erasing tracks, of wiping out traces and links which could lead to any user's identity, of privacy in other words, but they somehow failed to do that themselves. That Sinbad.io is the old Blender.io may or may not be true at all, but with all the coincidences mentioned by LeGaulois it seems they failed to clean their own tracks.

The truth is that if you intend to get into altcoin projects, into hype like DeFi tokens and NFTs and AI tokens and otherwise, you can't avoid the risk of getting into scam projects.

What will somebody look for in doing his/her own research? The whitepaper, reviews, testimonies, articles? They all can't provide a guarantee. Does it mean that since a token or coin is listed on CMC or Coingecko it is already legit? Nope. Does it mean that since a project doesn't offer 100x ROI quickly, it is legit? Nope. Does a listing on Binance a guarantee that it will succeed? Not, either.

You want to truly avoid scam projects? Avoid projects.

I don't see it coming, not in 2025, not in the next decade or two. But the situation in Ukraine will probably give us an idea. If Ukraine succumbed to the Russian invasion, it will surely be a cue for China to invade Taiwan. If the US and Europe and their allies failed to stop Russia from annexing Ukraine, the more they can't stop a more powerful country from annexing a tiny island nation.

So, in a way, the fate of US-China-Taiwan conflict will be determined by the fate of Ukraine's battle for survival against a weaker bully. China, the stronger bully, is just observing. The US, which is now facing financial troubles within, and its allies will have to give as much as possible for Ukraine to come out victorious. Otherwise, another bully will be joining in causing much bigger problems.

But it was also late in 2013 when Bitcoin made an all time high. It was probably a strong enough statement that Bitcoin doesn't care at all. Whether it was more of the effect of the first halving in 2012 isn't the point. It still means Bitcoin is stronger than the development under Obama's administration.

If Obama failed a decade ago, Biden will fail more today. But the point is Bitcoin doesn't care. It's interesting to note that Bitcoin creates an ATH in every administration. It had one during Obama, another during Trump, and another during the current administration.

If it's possible for this kind of competition for fraud to occur, how much more to much smaller competitions. There are local and regional competitions everywhere. Some games must be rigged. Some detected, some not.

Here, there was also a national basketball competition where a team was obviously throwing the game. It was Manny Pacquiao himself who filed the case against those who were involved in the fixing.

I also have a neighbor who was a pro DOTA II player. He and his team were involved in match fixing. They were banned by Valve itself.

Fraud is also rampant in sports.

But if we compare Coingecko and Coinmarketcap, it is obvious enough that it is a lot easier for a coin or token to get listed on Coinmarketcap than Coingecko. As of this writing, Coinmarketcap has already admitted 22,547 cryptocurrencies while Coingecko has only 12,319. There's a huge difference, almost double, which could mean that more shitcoins are probably listed on Coinmarketcap than Coingecko. So while both are not reliable sites as far as legitimacy of the coins or projects are concerned, it is better to check Coingecko than Coinmarketcap.

A full time trader should have enough money to still have food on the table despite a losing day. Trading is not guaranteed to be successful everyday. If losing in trading means losing money to support your basic existence, I guess you're relying too much on it. In which case, trading can't be used as the main source of as basic day-to-day need as food.

The same is true in treating Bitcoin as investment. If Bitcoin goes through a long bear market and you're deprived of your basic needs because of it, you're investing too much or relying heavily on Bitcoin. You've probably heard of investing only what you can afford to lose?

It's trivial, of course. But it's amusing how both @_Bosch_ and @skyler_fs have noticed these inconsequential imperfections in the Bitcoin logo. That imperfect curvature is funnier, though. These microscopic discoveries are either accidental or these two must have so much time to spare that they started to zoom in on the Bitcoin logo to look for something interesting. LOL!

Anyway, had bitboy known that Bitcoin would grow to be this huge, he would probably have polished the logo more.

Where I am, the culture is different. It is common here in my country for children not to leave their parents even when they already graduated and land on a job. As a matter of fact, it is common for a household to have an extended family. This has both good and bad consequences. Among the bad is that children can easily continue to depend on their parents even in adulthood.


I absolutely agree. However, it is unfortunate here in my country because the setup is more or less cultural. It is even very much acceptable for a young couple to have the grandparents take care of their children while they do their thing. That doesn't seem good to me, but such practice strongly persists until today.

This has always been the way with Coinmarketcap. But it is not a big deal. Coinmarketcap is not a site where one could verify whether a coin or token is legit or not. It is not a site where people could check whether a project has a plausible goal or not, whether it has a good team or not, whether it will have a future or not, whether it has a working product or not, and so on. The site is full of shitcoins that are nothing but opportunistic attempts for developers to earn money. So don't use it as a kind of a screening or review site. Even review sites can't be trusted.

Asking for help from parents when the need arises is normal. But staying financially dependent on them even in adulthood is simply irresponsible. The parents could also take part of the blame. Some parents cannot take it that their adult children are having a hard time. They willingly continue to support them. As a result, their children's behavior is reinforced. Parents instantly coming to their children's aid all the time may sound good, but it could also be dangerous as their children might not grow independent. They might not be able to try find ways to survive.

I'm not an OG. And I think I'm not the kind of guy who will insist on others how Bitcoin is the kind of technology that provides the level of financial freedom our current fiat currency cannot. I don't even initiate conversations related to Bitcoin anymore. I used to. It's not that I don't want to share what little knowledge I have; it's just that it would be safer not to. Or it's often the case that people's impression on Bitcoin is strong enough that you might only end up misunderstood. It's better to just let them get to know Bitcoin online. There's abundant resources there anyway.

04- Darker45

Please and thank you, krog!

Nobody can guarantee you this. It's not as easy as it was when the policy on US residents using the platform was implemented. Correct me if I'm wrong but US residents were banned from using Binance.com in 2019. That's several years ago. Where was the owner of this account all these years? To the platform, this is probably a suspicious activity and might trigger some security alarms.

I second OmegaStarScream's suggestion to contact Binance directly and provide justification not just as to why the delayed move from Binance.com to Binance.us but also the delayed compulsory KYC.

I think PayPal users are now allowed to withdraw their crypto to their personal wallets.

Somebody could please confirm this, but I think the announcement mentioned above was about PayPal already adding the feature that allows users to withdraw their cryptocurrency to other wallets. So that must be on-chain transactions that are allowed.

In their site's FAQ, it is also indicated that the option to transfer cryptocurrency out of PayPal is available.

I don't think there is a single pattern for all of them. But what I'm almost sure of is that casino and other gambling platform owners must love gambling or betting in one way or another. They won't choose to get involved, risk a big amount of money, dedicate time, effort, focus, and energy on a business they don't love. They must be gamblers also, but probably more businessmen than gamblers. So rather than spending too much time gambling, I suppose they are busier with business-related things.

I suppose they also gamble in other casinos at times, probably to experience what other casinos have to offer, get ideas on how to develop their casinos more, and so on.

I believe so. As a matter of fact, if we buy Bitcoin today and intend to hodl it for the longest term possible, the most that will benefit from it will be our children and our children's children. And it's particularly timely to buy now when the price of Bitcoin is still low. It's not a matter of if but when that Bitcoin will reach $100,000 and even more. 1 Bitcoin today is still relatively affordable. Time will probably come you cannot buy it even with your entire life savings.

I don't know if I understand correctly what you're saying, but apparently cryptocurrency is not in any way a solution to climate change. Neither is it a solution to food shortages. There may be indirect ways in which cryptocurrency, especially the blockchain technology that it uses, could be of help to somehow address food shortages and even climate change, but it is not what it's made for.

While Bitcoin mining, for example, could reduce methane flaring by making use of excess supply that is otherwise burned and, therefore, saves the environment from additional harm, Bitcoin is not created to address global warming. It is a currency. 

I doubt the reason for those people not taking the bet is that they don't know math. That's too much of a leap. It seems obvious all those people perfectly understand that their $10-bet versus another person's $20-bet is advantageous on their side. They just don't want it.

Factors like they're not in the mood to be betting against a stranger in the streets, they're on camera, they're feeling awkward, they're conscious, and so on are involved in this social experiment. There are so many external factors involved. The environment and circumstances are not really conducive for people to be thinking of winning a bet.

If in those same streets that same vlogger would call out strangers and say, "hey, come on, take my $20; it's all yours," I guess a number of people still won't have it.