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201  Economy / Gambling discussion / Re: Is AI going to affect gambling in any way ? on: March 31, 2024, 11:54:02 PM
AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?
Quite possibly, I can see specifically-trained AI being used to make formulated guesses to predict game outcomes for profit. I already saw it happen in particular with football games, and although the predictions are a massive hit or miss, it's still possible that given enough data and time to train the Artificial Intelligence with, a passable, maybe even highly reliable rendition of this algorithm could be made in few years' time, which would mean people are going to profiteer out of the gambling industry, with people trying to use the AI to earn money with it, either by using it directly within the casino, or by selling it to some down on their luck schmucks who think this is their ticket to financial success.

I can see it ruining gambling for a lot of us, since why bother working for your money when you can automate everything, from predicting and making your picks to locking them down and playing the waiting game? It's just a matter of time before this becomes a reality, and when that happens, I'd gladly swear away from gambling.
202  Economy / Gambling discussion / Re: Gambling is not place to make money is place to lose it? on: March 31, 2024, 11:49:45 PM
Hi everyone,

Gambling has become very popular in the world , especially after the changes that have occurred over the years with modern technology and the abundance of games, we can now gamble with one push    anywhere and anytime . More money is flowing to sites and casinos in huge quantities, and everyone’s goal is to win more ,As is always known, if there is a loser, there is a winner, and I don't think that the percentage of losers is greater than the winners .

Is this true gambling is not place to make money is place to lose it?
Bro, just use your common sense, you're out there trying to win on a 55/45, sometimes maybe even 60/40 or 70/30 odd placement with the edge being on the casino, chances of you winning and securing all your wins in the process is as low as it can be, you really think you can make money out of such a setup consistently?

And no, it's not just because of the internet that people are starting to gamble more, it's the fact that living in this day and age has become so hard that some people, especially from impoverished and underdeveloped areas/countries do not see any way whatsoever to consistently earn money that they think landing a one-time-big-time jackpot on the casino's their only ticket to a better life. It's been historically proven countless of times that in times of great economic and employment turmoil, people resort to more desperate means of earning money to support themselves and their families. Is it their fault that they think this way? Possibly, but are the casinos, the government, and the society profiteering off of this sad reality instead of doing what they can? Yes.

203  Economy / Gambling discussion / Re: brazil sanctioned law that taxes online betting in the country on: March 31, 2024, 11:31:19 PM
Since last year, here in my country (brazil), it has been discussed by the senate and from what I researched, in 2024/jan the law came into force that taxes bets of any nature involving online and physical bets. (link)

The purpose of the law is to increase legal security in the betting sector in Brazil, (taxing revenue from bettors for the government? LOL)

In nutshell: bettors will have to pay 15% on the winnings received from any bets, regardless of whether the reward is small or large, and companies will have to pay 12% on revenue.

This is for physical bets or bets made online.

Lula (thief corrupt president) vetoed income tax for winnings from bets of up to R$2112 (~425 USD) per month.

The funny thing is that he didn't take into account the loss that bettors have before calculating the tax (that's a lot of bullshit).

Summary of the story: the government wants to be our partner only in gains, but in losses, we alone are forced to bear the financial losses. Very convenient, right?

What do you think of this? Is there any regulation in the betting sector in your country?

Do you think the government should really collect alternative sources of income from its citizens such as online gambling?


Don't think of this as your country messing with your shit (although in a manner of speaking it does look like they are messing with your shit) when the main intent of this is to deter people from gambling. As much as the government wants to earn from casinos and gambling taxes, they still know that it's way better for a citizen to be employed and productive, which gambling couldn't provide by a longshot. So in that regard,  they impose these hefty tax laws upon the people not only to bag more money which, in an ideal world, is used to make the country a safer and more livable place (although let's be real here, we all know this money's getting into someone's pockets) but at the same time it also deters people from gambling, cause now you guys are thinking that even if you win a lot, your country's going to take its piece of the pie no matter what, and you did all the heavy lifting so what gives, yeah?

I can see the vision of why they did this, and if successful, this could be emulated by other countries as well especially those with high crime rates and people who are subjected to gambling, prevention is better than rehabilitation and cure at the end of the day.
204  Economy / Gambling discussion / Re: Have you been kicked out of a casino? on: March 31, 2024, 11:14:18 PM
Hi community,

We always hear about a gambler who has been harassed, expelled, or banned from a casino for a number of justified or unjustified reasons. There are those who have been banned for violating the laws or internal regulations of the casino, or for suspicious actions that negatively affect the course of play, or chaos inside the casino, or for other unknown reasons.

Have you been in this situation before?
It's a pleasure to hear your story.
Nope, not planning to at least in the foreseeable future, since these casinos have a congregation/organizations where they tally repeat offenders and literal destructive players, which means if you get banned on one casino within your area, there's a good chance that all the other casinos within your vicinity's going to put you on a blacklist as well to protect their patrons, and sometimes even other casinos from far-off places will restrict you from playing in their turf, plus it's way easy to get arrested in a casino since they're guarded from top to bottom by elite security details that would apprehend you in the first sight of resistance or belligerence.

Sorry about not having a story to share regarding getting kicked out of a casino, but I bet it's way more important to just understand the gravity of being banned in multiple casinos than learning about other people's stories, cause most of the time and I tell you this, you're banned in a casino because of your own doing. You shat on the floor, you cheated your way out of a victory, you have a system at play that allows you to consistently earn money out of a casino you play with, all of these are bannable offenses that would get you a deserving exile from brick-and-mortar casinos, so if you still want to have your casino rep be safe and intact, don't be stupid, any grievances, air it outside or through the appropriate channels.
205  Economy / Gambling discussion / Re: Which player are you? on: March 31, 2024, 11:04:14 PM
Do you prefer games where you know right away whether you've won (or lost) casino style, or do you prefer other games like sports betting? Do you have any other favorite games?
I don't like sportsbetting that much, cause besides placing the bets you don't really do much to "earn" your win, so the wins aren't really that much fulfilling for me, watching the games also ruin the whole essence of the sport for me as well, as instead of watching the games to closely observe how they play, (in my case I only make sportsbets on eSports games like Valorant and League of Legends), I instead watch the game to closely observe and see for myself if I will win or not. This makes me harbor more hate towards my fave team which I shouldn't, all because I blame them for not bagging the win, when they literally have nothing to do with me.

By consequence, I love casino games more, the fact that my win is directly correlated to my hand and my own luck, plus the massive well of anticipation I experience when I play, among other pleasant things make gambling a much more fulfilling experience for me when I do it with casino games. I live for the adrenaline rush, and sportsbetting just doesn't cut it for me, which is why I choose to play games on my own and see for myself how they pan out. That way, either I only have myself to blame for the losses, or I can proudly claim that it was because of me that I won these games.
206  Economy / Gambling discussion / Re: Patience can help alot on: March 31, 2024, 10:56:11 PM
The game of gambling isn't something that people with low patience can survive be it the different types of gambling @sports betting  @casino games like dice and slots, patience is still the key to survive. Sometimes anxiousness and anxiety can make a gambler take decision that he might end up regretting.

Today I experience this ill feeling although am okay now but I thought I should share my experience and thought with some of the gamblers here to see if we are on the same page.

I made a very wrong decision on a game I staked today and this is unlike me because I don't normally check on my games until its settled because sometimes you will tempted with some crazy things like cash-out which is what I did today and although you won't blame me to some extent but still if I was patient enough as the final results if the games came through and Instead of winning the whole money, I got only a fraction of the funds.
I don't think patience is the virtue to look for when you're gambling. It should be temperance and self-control.

When you gamble, you don't anticipate that much, but what you do is instead wish for the wins to come your way, when the wins didn't come, you gamble again and again without even looking back to just how much you've already lost trying to chase that bag, eventually you lose your shit, and then you lose your mind. and when that shit happens to you, you're already halfway there towards Gambling Addiction land. When you're more controlled and tempered however, you're unfazed by the losses and hence in a better mindset to play, that even when you do lose money you're not that eager to get it back, what you're in it was the thrill and the fun of it, and nothing more.

Sure, in some situations patience could help a lot, but it's not patience that distinguishes the good gamble from a bad one, it's self-control and knowing that you have your own limits to never go overboard of or else you're risking yourself to more trouble.
207  Economy / Gambling discussion / Re: Can we still truly achieve anonymous gambling in crypto? on: March 31, 2024, 10:46:07 PM
Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
Long as the casino you're playing with isn't using your information to peddle ad-sense and information brokers on the internet, you can always count on crypto casinos to really take care of your information and protect your anonymity. Sites like Stake and Duelbits do their shit at the utmost level to make sure that no one's getting a hold of your information, despite them being KYC-prerequisite casinos. Personally, the risk of playing with a scam casino in the search of a casino that doesn't use KYC severely outweighs the risk of getting my information brokered when we're literally in the age of access where you're one facebook profile search away, So I don't really go out there making it a problem that most crypto casinos nowadays require KYC.

At the end of the day, we all want to gamble safely and be fairly compensated for wins that we're bagging, in search of a No-KYC crypto casino you just might stumble upon shady platforms that are made to lure you in with the promise of fast withdrawals and no-KYC, then next thing you know, you're banned in their casino without you even knowing the reason why, and by then you can safely assume you're fucked royally. Would you really choose that over just jotting your personal info for a few mins, when you pretty much do the same thing every day?
208  Economy / Gambling discussion / Re: Does gambling excites you ? on: March 31, 2024, 10:35:36 PM
In a manner of speaking, yes it does.

Although I know I could get the same adrenaline rush from playing other types of games, sometimes the chill atmosphere of playing these games outweigh the intensity of let's say, playing basketball outside or maybe even hopping on a game with your friends to play some competitive CS, Valorant, Fortnite or LoL. Although I would like to point out that even though I get excited playing casino games, I don't really look forward to it every second of the day or even when I'm scheduled to gamble. Part of it was due to the fact that I instilled some massive discipline upon myself to make sure I don't fall off the deep-end again, and another was due to the notion that I don't think of gambling as the sole source of excitement and happiness in my life. It's nothing more but a mere alternative for when the regular stuff I do to have fun just isn't available or well, fun.

With that I think you guys should take a page out of my book, it's possible to gamble and have fun, or be excited about gambling without looking forward to earn, matter of fact, you should instill these logics to yourself and I promise you, your games will be much more fulfilling and less stressful.
209  Economy / Gambling discussion / Re: Amazing Vintage Slot Machines on: March 31, 2024, 10:25:26 PM
This morning as usual I opened Twitter and found a video of a Vintage Slot Machine that was still working fine.
So amazing when seeing how the mechanism shown in the Vintage slot machine.

This is the work of an amazing machine engineer, who can create such an intricate slot machine.
If Online casinos are now using software to program Slot Machines and there may be some manipulation being done, then what about Vintage slot machines like this?
Whether this Vintage slot machine can also be set to the wishes of the owner, or this will only depend on how lucky we are.

But having one Vintage Slot machine like this will save me to play slots,
because you don't need to spend any more money and do as much as you like to play it.



Source: https://twitter.com/Rainmaker1973/status/1773627645403537884
Meh, most vintage slot machines follow the same design language, and unless you're a moldbreaking manufacturer who always do things in his own way and not through cookie-cutter means (in which case why the hell are you doing that?) There's really nothing to be so shocked and surprised about the technology of a vintage slot machine. Matter of fact, these crank slots are often susceptible to tampering by its very own players, to tip the odds in their favor for the most part, so for me, it's still great that we have these digital slot machines that leave no room for error.

Machines like these are only really good for collection and nothing else, plus points if they are still functional but they don't really need to be. If it's from a well-known manufacturer it could shell you out a couple thousand dollars depending on the condition, but if it's from a lesser-known manufacturer, prepare to only get a couple hundred from it.

Slot machines of the past are cool and all but there's a reason why we have digital variants that are more liked by the casino and the player. It's time we stop making these and instead acquire these for collection purposes only.
210  Economy / Gambling discussion / Re: Are crash games profitable??? on: March 31, 2024, 10:15:58 PM
A lot of youths in Africa are into aviator and a lot of other crash games... what's interesting is that 90 percent of these young people have skills, jobs and sources of income,..why are we playing these games when the odds are constantly against us.
People come up with patterns trying to understand the algorithm of these games but from my experience these games have no pattern
They are been controlled by the bookmakers, out of a 100 percent the chances of winning is 10 percent
After winning more than 4 times In a row just know that losses is bound to happen even if you don't lose that same day
Crash games are not going to give you that extra source of income you are looking for.
Using the martingale system in these games is quite risky because sometimes you might lose 20 times in a row
And continuing in this system will make you an addict,, protect your financial life at all cost, stake what you can afford to lose and be disciplined
Nope, and so do hundreds of different times of games out there.

Just because it acts like trading, which is a profitable venture doesn't necessarily mean that the people who play it can just earn money from it, matter of fact, trading is generally not that profitable in the first place, so a game deriving concepts from it managed by a casino that could tweak the odds for the sake of profit, would literally spell out "losses" to your face. In that case, I would highly suggest you put out some sort of notice or information campaign to teach the youths of your country about the dangers of unsupervised and uncontrolled gambling, particularly in the crash game sector. Give them better alternatives, which could also turn them profits since at the end of the day I understand that a lot of the kids who do this in your country do so only because they see it as a way to earn money, teach them how to trade stocks or crypto, help them learn investments and how to make your money work for you, they have to understand that gambling isn't your easy-peasy way to earn money, and that it should only be regarded and seen to entertain yourself when the textbook shit you always do for fun just doesn't cut it.
211  Other / Off-topic / Re: Can family members help a gambling addict? on: March 31, 2024, 10:02:39 PM
Many people are going through gambling addiction but they manage to keep it a secret from their families and loved ones. The only people that know about their gambling activities are their close friends. In the event that you are one of those close friend to a gambling addict, do you think it is right to tell their loved ones with the intention that they will be able to talk to him and help him overcome his addiction? Can the advice of loved ones even help? What is the most effective way of going about gambling addiction.
There's a reason why people who are able to socialize or at least are able to communicate to their friends, families and loved ones don't fall so much on the gambling addiction traphole, so judging by this you could safely assume that when you gamble with the supervision or the access of your family and friends, you're almost always surefire to not be addicted to gambling.

and that also includes when you did get addicted to gambling and you start talking about it to you friends and families, they are the ones with the sound judgement and unclouded logic, so of course they'd be able to offer you sound advices and smart opinions that could help steer you towards the right path to recovery, if they think you're far gone that simply telling you what to do wouldn't work anymore, they could put you up for rehab if they think you would need it. That's why I personally let all my closest friends and family members know when I'm gambling, not to brag or to reel them in but to just have that peace of mind knowing that when I lose my way, pretty sure at least one of them's gonna have to pull me back out.
212  Other / Off-topic / Re: What if an employee of a betting company misuses company funds for gambling? on: March 29, 2024, 10:07:40 PM
Do you think a betting company or casino will understand and not arrest an employee who has access to company funds and then misuses it for gambling? If this employee claims that he is battling from gambling addiction, will he be considered for a lighter punishment? If you own such a casino or betting platform, what will you do to such an employee, understanding that addiction to gambling can make people make decisions that are unexpected.
They will be incarcerated. And I don't think gambling addiction is a clinically-recognized mental disorder, so no lighter punishments will be administered to you just cause you're arguing gambling addiction.

On the side of the employer, it all depends on how much they are able to steal from the casino, There are denominations set by some companies that would determine whether they deserve to be laid off without any felonies or misdemeanors in their name, or if they really need to get jailed lol. For some it's as little as a 100 bucks, for some there may not even be any type of denomination and you'll automatically be carried to court if you're caught on the act. So don't bother stealing something from your company, the money that you took from them won't be worth shit to how much they can charge you back when you get put into court for the crime, and you also run the risk of doing the time itself, and getting a hit on your name which won't be good for employment. Don't be stupid, stay on the right and narrow and do not risk your life getting ruined over a couple hundred or thousands of dollars.
213  Bitcoin / Bitcoin Discussion / Re: Countdown to the 4th Bitcoin halving.. what should we expect? on: March 28, 2024, 11:28:05 PM
One thing you should brace yourselves fr is the panic dumping that will happen when the halving commences and people are shocked bitcoin couldn’t propel itself to the stratosphere just yet. It happened in the previous halvings, with the most devastating one being in the most recent halving where bitcoin literally dropped to 3k if I’m not mistaken, by which it recovered quickly and had rallied itself towards 60k by 2021.

People should prepare themselves so they can time their buys correctly and reentry at the safest and most profitable price points possible. With these taken care of you can almost always expect a 2024-2025 that’s bountiful. Don’t let the panic dumping scare you off of the crypto scene as with bitcoin, being the safest cryptocurrency to invest out there, all these price dumps act as a more profitable reentry price for seasoned investors like us.
214  Other / Meta / Re: Should speculation about satoshi's identity be subject to doxxing rules? on: March 25, 2024, 04:47:14 PM
I feel like there's a prevalent double standard when it comes to protecting identities of forum users.  

If topics existed where lots of users were posting theories and collecting evidence in an attempt to unveil the real-world identity of another forum user, I don't think such threads would be tolerated.  As per the rules, doxxing is only permitted in the case of legitimate scam accusations:

here are some new rules on doxxing:

1. Personal information must be confined to the new "investigations" board (under Scam Accusations), which is only visible to Members and above. Personal information is defined as anything which links a user's online identity (username, email, etc.) to their meatspace identity

So why do we allow rampant probing and scrutiny regarding the identity of satoshi?  I don't see any justification for them to be an exception to the rule.  There's no way people would accept it if it were their own account subject to such investigations.  If someone did ever successfully identify satoshi and published it here on the forum, then they would have clearly violated the rule.  Ergo, users are attempting to break the rules every time they publicly try to link:
Quote
a user's online identity (username, email, etc.) to their meatspace identity
This should not be happening.  There are inherent dangers in revealing someone's identity, particularly if they are considered wealthy.  The user in question, or even their family, could be at risk of falling victim to burglary, kidnapping, torture or other crimes (and I'm certain there are few potential targets more tempting for criminals than someone as flush with BTC as satoshi is perceived to be).  There are very good reasons why attempting to dox someone is frowned upon.  

I propose it's time for this rule to be applied properly, to end the double standard and to ensure no one is attempting to dox anyone else when there is no valid complaint of a scam.
You made a massive curveball of a topic and in retrospect, it makes total sense. At the end of the day, Satoshi Nakamoto is a bitcointalk user, and is thus inclusive of all the rules and regulations that are imposed upon this forum and its users, including the right to his private information and the right to not reveal it.

I am one of those people who are so against the revelation of Satoshi Nakamoto's identity and all that shit, but only because I think people are investing all their efforts in a fruitless labor. When they could've been investing those talents and the progresses they have made to further bitcoin's reach and extent. To me it's enough that Satoshi is the creator, he didn't have to reveal who he is or how he's doing since that would take away from what bitcoin is supposed to be, a secure, anonymous, end to end payment system. Magnifying this rule against Satoshi's invasion of privacy could actually smother the attempts of users here who can't make good posts to speculate upon his identity and whereabouts, since if possible this could mean that the mods could block or delete posts alluding to this topic.
215  Economy / Economics / Re: How Bitcoin Supercycle could become reality on: March 25, 2024, 04:33:28 PM
After the ATH break, which came unexpectedly before the halving date, people started to talk again about a possible Bitcoin Supercycle. To know what the Bitcoin Supercycle is, you can read this article on Cointelegraph which is surprisingly good.

In short: A Bitcoin Supercycle would break the "cyclic" nature of the Bitcoin price evolution we had in the last 11 years (since 2013), where sharp uptrends culminate approximately a year (or a bit more) after each halving and are followed by bear markets which go down more than 70% compared with the previous ATH. In a Supercycle, the price would continue its uptrend, perhaps a bit less steep than before, but we would not see a bear market of let's say more than 30-50%.

My take on this theory is that the way people use Bitcoin and invest into it must be change fundamentally until this will happen. But we may already be close, and it is even possible that the next bear market will already be much softer than the previous ones.

The current mentality of the Bitcoin community is still one of speculation "riding the waves" or "hoard and sell". Many will say that they're HODLing, but they will sell when they perceive the market has reached a top and will go down, or when there is already a clear downtrend.

This is what has to change. Instead, we need:

1) More people HODLing for longer periods than 4 years. I'm aware that not everybody is able to do this, but people with some savings can. And they would help the Supercycle to materialize, and profit in the end. You have to take always into account: if the Supercycle is finally there, and you sold, then you'll very likely regret it.
2) More people using BTC as a currency. This does not mean only for "payments", but also for example for remittances or for crowdfunding businesses (that's why I in generally approve the ICO model, only that of course you have to be wary about scams). This creates additional liquidity, and liquidity is helpful to mitigate crashes because it creates thicker order books. And crashes are what people fear most, and what makes them panic sell, and ultimately drives BTC down.
3) More people buying into the falling knife in bear markets. Even with the current 70-80% bear markets, buying at less than ~33% of the previous top actually always has meant that you will be able to sell for profit in less than a year, and if you have 3 years time to HODL then you have profitted always even if you bought near the top (excluding the 69-73k run).
4) More people DCAing into Bitcoin, and not only while the bull roars.

So basically when these four things occur, then the Bitcoin Supercycle is near, according to my personal opinion obviously. All these four items lower the probability for a deep bear market. This is also a self-sustaining pattern: if people see that bear markets aren't that scary anymore, they will HODL for more time and not panic sell.

Some people may think that "the ETFs already fixed that". But I'm not so sure about this. The ETFs could create more long term investment (my item 1) and add liquidity (item 2), but the reality is also that the market can become saturated at some point (still not now, of course!) and then at local tops there could be more outflows than inflows due to profit taking. And from this point on, deep bear markets still would be possible.
As time passes by, the skills and predisposition of the people about bitcoin and crypto in general changes for the better as anything that becomes better with age. What in the past would usually spell panic selling would not faze even the regular noobie at present, not only because they are more knowledgeable than newbies in the past were, but also because the community that bitcoin has harbored across the years turned into a solid cabal that allowed people to provide support and assistance among people who are already scared and confused about the state of the market in these situations, whereas in the past we're left to fend for ourselves.

I think all of this goes to show that what we are building here, intentionally and inadvertently shaped bitcoin not only to be a formidable currency that would stand the tests of time and the market, but also a community and an industry that is inclusive, smart, and actively looking for better ways to expand its reach. We keep this shit up and soon enough we're going to break the minds of ever critic out there, everyone who's had a doubt about bitcoin's validity eveer since it broke out the market in 2016, and every Ripple CEO who wishes they can be as big as us. LOL.
216  Economy / Economics / Re: Farming and it importance to the economy on: March 25, 2024, 04:13:23 PM
Farming is an agricultural practices that involves the cultivation of crop's and plants for the consumption of man either in commercial or subsistence ways

Unfortunately farming is now seen as a thing of the poor that no one wants to go into, even the government is not doing enough to support farming activities
Food is a very important aspect of society that any society that wants to make progress is a society that has eaten very well , infact the economic super powers are society's that have attained food security
Farming activities helps a nation economy grow as scarcity of food will lead to inflation of prices of food in the market
Government should do everything to make sure that people go back to the farm and create the right environment for farming activities

They can do that by granting interest free loans, Education of farmers and giving out fertilizer to farmers
Farming is an important aspect of every economy
Let discuss guys what do you think about farming to economy
There's one thing that you should know about farming and the state of the country you're in right now. If the farmers are among the poorest in the country you're in, your economy's in shambles for sure.

There's no way in hell that the producers end up being the most marginalized and most poor unless some form of abuse or neglect happened along the way which led to the agriculture sector becoming the poorest. In every developed country out there, farmers are one of if not the richest as they own the land they plow and plant crops upon, they control the food supply, which need I say is something that is so vital for our survival, and they receive some of the most advanced form of assistive technology one could get for their line of work. So if you see your farmers plowing their lands with carabaos/cows instead of tractors and other advanced equipments and apparatuses, or even the mere fact that they don't own the land they till, something's severely wrong and a massive economic decline is either afoot, or is about to happen to that country. Keep that in mind. Teachers, Farmers, and Doctors shouldn't be the most marginalized and abused sector in a country.
217  Economy / Economics / Re: Everything is over priced but people keep spending on: March 25, 2024, 04:05:03 PM
The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.
Cause the needs and wants of people do not change regardless of if things become more cheaper or expensive. You can't just stop people from wishing for more or fulfilling their needs. Some people will certainly adjust or learn how to budget accordingly, but people will always be spending when it's for something that they want or need, that's one thing for sure. That's why some motherfucking manufacturers out there push out monopolies to make sure that they control the market and jack the prices up against the common joe's wishes. Take for example insulin, which is a commodity that a huge portion of people in the planet needs so badly to survive another day on this planet, because only one company controls the insulin at least in the US, they can jack the prices up whenever they want and people will not have a choice but to complain, but buy that shit anyway. It's exploitative, yes, but it's a testament to how you can't force people to just adjust.

I for one do not condone adjusting your lifestyle for the sake of not spending more money if it can be helped. You can open yourself to even larger earning ventures out there without hampering your lifestyle, so why suffer just so you can get by?
218  Other / Meta / Re: Only Bitcoin related posts are allowed in Local Languages Section? on: March 25, 2024, 03:39:16 PM
On one hand, I am truly against the restriction of bitcoin only topics in local languages section, but on the other, I understand why the mods from bitcointalk had to implement this feature. Having a language barrier alone is already a massive bummer to these mods since they can only do so much when it comes to communicating with people in their local languages, and for the most part, the very communication that they solely rely upon depends upon other people who could act as their ambassadors, so to make sure that people are behaving and are not doing crazy shit while the primary moderators of this forum couldn't understand what you guys are talking about, not that you're doing crazy shit in there in the first place, is to make sure that all topics within local languages section are kept to bitcoin-only.

Pretty sure if they had other ways to effectively moderate these local channels without having to rely upon other people, they'd let us guys talk in our local dialects without much trouble on the topics of the conversation or whatever. But that is not the case so we are forced to deal with it lol.
219  Bitcoin / Bitcoin Discussion / Re: 3 seed words + passphrase on: March 25, 2024, 02:02:13 PM
I want to ask what is the dangerous of creating a seed phrase that generate 3 words only + passphrase (strong password 18 characters)? Is it safe? Is it possible to lose the funds this way? If yes, how?

The idea is, people just need to memorise 3 words + passphrase (of their choice) (strong password) rather than worrying that the (seed phrase 12 or 24 words) is stolen or lost. Any reason why this cannot be practical or recommended?

I understand that seed phrase can easily be guessed by a hacker but then he needs to be able to crack the 18 characters (combination of lower, upper case, number, special characters such as * ? >< !@#}|_-&^%$)



Honestly password strength is a trivial matter that only becomes a major playing factor in hacking when the person has an in-depth idea of who you are. Like even "statistically weak passwords" like Iloveyou or password has got some strength to them when you add numbers and punctuation marks, so as long as you don't put yourself out there and don't go out of your own way to give the people a general notion of who you are or how you think, you should be safe even with this 3 seed phrase plus password combo.

I'd argue that this is even safer than having us memorize or take note of a 12 word seed phrase, since this you can remember by heart without having to put it someplace else, only to misplace it if it's a paper wallet or send it to someone accidentally if you've kept your seed phrases on a text file like I always do. There's some personalization in it that is going to be a tough nut to crack without the use of advanced tools.

Out of all security options the 12 seed phrase is still king, but if it means I risk losing my wallet as well when I forget the seed phrase combination and the exact words I'd choose a "less safer" but more accessible option all day.
220  Economy / Economics / Re: Does a place called Africa really Exist in the world Economy on: March 25, 2024, 01:46:05 PM
The world second largest and second most populated continent after Asia, is a blessed continent filled with natural and minerals  resources with divers Culture and tribe with sub Saharan Africa being black

But as blessed as this continent is it is the most poorest and underdeveloped continent in the world, from slave trade to colonisation and now to neo colonisation Africa has been at the center of it

What is really wrong with Africa that virtually everything an African is doing there is always an element of foreign culture in it, in fact from the God we call, to the names given to African children at birthday everything about Africa is foreign

Infact our economies are so bad that we depends on European for help, this lead me to the question, does Africa really exist, infact the only thing still keeping Africa is the black skin that her population is known for
I have come to the realization that the highest level of colonisation is mental colonisation because Africa is like a computer program that is running
 
Guys what is your comment on this
Aren't they one of the most reliable sources of lithium in the planet, the very same metal we use to power the phones and devices you use to post this on bitcointalk? Also would like to add that besides precious gemstones like Diamonds and Emeralds, they are also one of the most abundant sources of silicon on the planet, which is so integral in the current setup of our technological advancement that if Africa decided they wouldn't settle with the bullshit anymore we'd literally have to start begging them?

If not for the massive corruption that most African politicians commit against the countries within the African continent, the whole area would've been one of the richest territories in the planet by large. And while a lot of people might downplay the current state of Africa due to how poor the living conditions in there are, a lot of countries in the African continent have been slowly making a name for themselves and are pushing for massive reforms and globalization, it could be possible that within our lifetimes we see Africa actively partaking in the world economy, not as someone's slave, but as its own free entity.
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