Many times I sent the ICO team a question so that they would respond on the basis of what regulatory act they require that the KYC head-hunters undergo an audit and what exactly is written about these regulations. None of them gave me any answer. From this I conclude that there are no lawyers in the ICO team or they knowingly illegally use the KYC check against us. We are not investors and their customers and should not pass such a test. This is all arbitrariness, violating our rights.
It is very difficult to check whether ICO teams are fraudsters. This should be done by government agencies.

Cashless society is a nightmare, not only privacy-wise, but also in other ways we can't currently imagine. I personally don't use credit cards, and if there was no way to buy something for cash, I would usually skip it. At the same time, I'm amazed how people around me opt in for credit cards, like it is something very fashionable and technologically advanced. I would like to see some common sense around me, but not seeing it, so I guess, that's the sad future that expects us no matter what country we live in.

The scenario you indicated is not only possible, but very probable. Further centralization and monopolization, not to mention more control over the lives of the individual members of the society. The fees are almost always absorbed by the consumers. I guess the consumers have no choice but to swallow the increased fees, or maybe, if crypto were widely adopted, switch to using crypto.

It does look like a "start" to say the least but it surely can't be a bull run if it stops here for too long.

If it continues to go up then we can definitely call it a bull run but if it just sits at 3900 then whats the point of calling 3900 a bull since we had this price before and its nothing too high, what at most 10-20% ? that is not a bull run. Last bull run was like 900 to 20000 or something so we really can't care about a minor 20% increase at all.

Don't get me wrong, all bulls start from somewhere so 10-20% is great, I remember the time when were crazy happy about reaching 9 thousand dollars for the first time and made "its over 9000" jokes all day but then we went to 20 thousand dollars, so 4 thousand dollars is great but just not enough to be called a bull.

There's a lot of disadvantage of gambling but I will focus on online gambling since we're on the cryptocurrency industry and most of the gamblings here are online gambling. Below are just some of the disadvantages I've known and this is all according to my observation, perception and experiences.

1. Everyone can play Gambling games no matter what's your age, since it's online you really don't know if the player is 18+ and the minimum verification are just name or confirmation on email which can 18yrs old and below can do. As long as they have money they can play gambling games.

2. Greediness. We all know that once we experience winning we still want to win more and when we start losing we wanted to recover our loses so we are going to invest again until we lose all our money and realize the money we've wasted from playing gambling games.

3. Addiction. Playing a lot from it gives you an addiction in where you can't control yourself from playing without considering anything like where you're going to get your playing money or what will happen to you when you lose in playing gambling games.

So far here are the disadvantages I know from playing gambling games.

Crypto will never be good for lending. There is no incentive for people to pay it back, even when it was at its height people abused the system by getting a small loan and than repaying it quickly and getting another small loan and re... keep doing this until they have a 100% trust rating of paying back and at huge amounts and than one day they require a big sum and than take it and leave.

Unfortunately corporations barely get punishment for stealing peoples crypto and when it comes down to individuals it is even harder. You can try to sue people who steal your money but it will be a hard challenge and considering its global its even harder to sue someone in a different country. That is why lending business will never be really big in crypto world at all since trust system is weak

Does he mean that in five years cash will be less traceable than cryptocurrency? It is unlikely that in five years everything will change so much that a cryptocurrency will be more common than cash. In five years, of course, much will change, but not so much. During this time, the state will have to decide on the legalization of cryptocurrency. The status of cryptocurrency in each of the states will be officially determined. However, it is very difficult to say what the result will be. For five years, ordinary people will not switch to the use of cryptocurrency. This, apparently, will never happen. Cryptocurrency will always be used along with the national money of the states, and part of the population will use only cash for now.

It is as simple as that. That is one of the easiest means and simple too. I would however add that securing passphrase and securities explicitly on a note book and also saving in email.

If majority of you guys are not aware, the bank has just open last year Union Bank Opens Blockchain Institute. So I don't know if this is just a marketing strategy on their side because it really looks that they wanted to be the first crypto friendly related bank in the Philippines.

It starts in smaller economies first but then everyone else will follow. Philipenes is tough on drugs so it means their bitcoin trades are for legit purposes and not for dealers

Seems confusing to me, let me clear you about this Ignorance of the law doesn't apply when youre a victim of scam investment much better if you said "Ignorance of things or ignorance of modus/scams" parang sinabi mo na pag ang isang tao ng invest sa like for example hype investment site tapos after a month biglang turn to scam yung site at lahat ng pera mo hindi na bumalik sau it means its "ignorance of the law"?? Ang alam ko kasi ang ignorance of the law pag may ginwa kang kagaguhan tapos hindi mu alam na may batas pala para dun at kinasuhan ka at wala kang ka alam alam na lumabag ka pala sa batas hehe..

I agree with @ETFBitcoin, one of the best add-ons is NoScript Extension. I use it on my Firefox and I feel a little safe even when I click on unfamiliar links.
It blocks so many unfamiliar scripts by default and it's only you who can unblock them.

Otherwise,  you are very security conscious... it's quite easy to notice malicious links even before you click on them.

Probably because they are too focused on doing their personal business and just get answers for their queries like the usual — through Google and Youtube.

Yes off course, because that is the basis of the whole thing. In the past (or may I say history) we used to trade simple stuff with one another instead of the money. These things were nothing but stuff which was readily avaible in the nature itself and thus life was far easier.

But now we have controlled financial system, economics, tracking system, currency with validity of authenticity and much more. We cant trade anything above that or below that and thus we are more or less restricted to use it.

If you dont use money then no one will ever value you. Now you cant go into the grocery store and ask for something in exchange with your hand made tools etc etc.

That make sense money is far important.

Mind explaining why and how big data will help governments avoid dealing with exchanges when it comes to taxation of users? Big data is nothing more than an additional form of collecting data, not the main one.

Big data doesn't show how I trade on an exchange. The government needs to have the exchange provide them that data, otherwise people will be able to cheat in every possible way to avoid being taxed in full.

People could even artificially lower their holdings on paper by pretending they lost half of their crypto holdings due to bad trades and whatnot, and that while they might have doubled their holdings in reality.

That is not true. In the past, the temperatures have been both much warmer and much colder than they are now.

People that want to "save the planet" must remember that we are not saving the planet for its own sake, we are saving it for our sake. The planet was ok before humans arrived, it is ok now, and it will be ok after humans have gone.

It's true that young people are becoming more interested in playing gambling games over time. However, since most are inexperienced, they could easily lose everything they had saved, as they become addicted and greedy to the game. Once they're extremely addicted into a gambling game, it's nearly impossible for them to get out, since they always want to gamble more with the hopes of becoming rick quick. What they don't truly realize is that the field of Gambling is based on pure luck, and it's possible to either win big money or lose it all in the long run.

This becomes worst if the gambling game is already rigged by the owner, which will make you lose more than what you earn eventually. Provably fair games are best to place your bets in them, but even so, they're still risky. IMO, young people should get educated about this business first before deciding to place their bets in a gambling game. To stay safe, it's advised to simply withdrawal or cash out the money once you've won to preserve your profit. Just my opinion

Baha dahil jan kaya hirap maka kuha ng isang(1) merit ang mga users?

Sa totoo lang, kahit mag aral ka lang tungkol sa bitcoin or blockchain technology in general ng ilang oras sa isang araw, sapat ng kaalaman un para maka contribute sa topics at mabigyan siguro ng 1 merit. Pero hindi eh, hanggang bounty at airdrops lang talaga balak ng mga tao. So hanggang dun nalang talaga sila.

It depends on the usage though, and what exactly you mean with countries having the most amount of Bitcoins. If countries start controlling large numbers of coins, they have all the incentive they need in order to at least attempt to steer development in their preferred direction, which isn't really that much of a good outlook.

As far as the usage goes, we really need Bitcoin to function as currency, because the store of value aspect will stagnate eventually just like what happened with Gold. You can't endlessly keep banking on something that doesn't provide any real world utility. Bitcoin is the one that picks up where Gold stopped being what people thought it is/was, a currency.

The most important aspect to focus on is how Bitcoin will scale towards mass use, because as long as that isn't the case, there isn't much other than hopes and dreams to think about.