Rocks on their own basically have no much use, plus fungibility is also an issue when it comes to using rocks, just because you called this rock precious doesn't necessarily mean that I will let you trade that for my gold collection per se. With bitcoin it's different, the common people's mistake is assuming that bitcoin's value is not backed by anything except the faith of the people that are investing in it which is of course not true. Some of us here invest for the technology. Some see it as a currency and had been using it for anonymous transactions. Plus, the argument that it doesn't do much is quite false as well, because as we speak, there are plans and are upcoming plans for bitcoin utilization in the physical and online world. This is both right and wrong. Paper bills in the past are made as a placeholder for when you don't have the gold coins to purchase goods, with paper bills practically meaning that "I owed you this much gold coins with this purchase, you have to trust me that sooner or later I will pay you with its counterpart in gold". Until some time later we find out that we can endow these bills with value themselves and not just use them as placeholders, hence why we call these "banknotes". Now going back, it is quite true that the ones who protect a fiat currency's value is its own government, but what endows it with value is the economy it is backed upon.

Speculations will remain as speculations unless proven or disproven otherwise. Despite this, a lot of people are believing that bitcoin will indeed reach 100k this year or Q1 of next year which is very possible considering the past year's performance of bitcoin. Still, I would like to place a disclaimer for you indicating the fact that bitcoin isn't a get-rich-quick scheme, nor is it a get-rich-guaranteed scheme of some sorts, so be sure to only invest what you can afford to lose, otherwise the detriments will be much worse for you than what you may have anticipated. Would work if you are very willing to have your investments be sitting in your wallet in 2-4 years untouched, regardless of the market's movement and behavior within that timeframe. Some people will be willing to do that but for those who cannot afford losing their investments for reasons, might as well diversify your portfolios so you don't lose all your money in one basket when worse comes to worst.

There should be a much stricter policy regarding customer welfare especially in these types of business models where customers who sign up are at risk of being addicted. Many may disagree with this but soon as you get into the habit of gambling it's quite hard to quit it without outside intervention. And in situations like this it is very helpful that online gambling sites set up parameters that track their customer's activity and provide them with health assistance or redirect them to a healthcare professional soon as they see patterns of addiction. It shouldn't be that bothersome to project empathy especially for someone who keeps your business running. Phishing may of course be on the gambler's fault but the fact remains that they should inform people about this as soon as news of it come out. As for the other health detriments, they could do something about it like automatically locking the customer's account on certain parts of the day and redirecting them to a health professional which could be done within their system if my memory serves me correctly. Yes it's quite the trouble but in exchange for a much healthier gambling environment? Yes please.

There is a huge possibility of this coming true in the future. The cryptocurrency pump that happened last year plus the multitudes of online casinos that mostly offer cryptocurrency prizes may force their physical counterparts to accept and reward their customers in the form of cryptocurrency someday. This offers numerous benefits for the bettor and the house since they would cut the need for greenbacks and cash rewards, because nobody wants to walk around the city unarmed with a bag of money with them. That would literally be a call for thieves and muggers to target you. There is a huge possibility of this happening but your explanation should at least explain more as to why this would happen. I would assume that by you saying that casinos love money, you mean that they see cryptocurrency gamblers as an untapped resource they must come after to expand their reaches and improve profitability. This wouldn't happen anytime soon though as drastic measures like this takes time and research before implemented, not to mention the risks of COVID-19 contraction being existent.

Governments do need to regulate and officially legalize a system or an earning program in order to have it operate within the borders of its country, but the thing is, most cryptocurrency are decentralized and do not abide by a border to operate, which makes it hard for them to be regulated by a single government, since there is no one to coordinate with in the cryptocurrency end of the spectrum. Then again if they are to find a way around this in the future, this will pretty much resolve some of the adoption issues that we are still facing and make cryptocurrencies more accessible to the general public. Exactly, but the government being the government, would not allow such eventualities to occur within its borders, no matter how rigged or corrupt the general population think this is. In order to fully operate within its borders, there has to be some sort of recognition on the government's end allowing cryptocurrencies to operate under the government's watch, otherwise legal issues involving cryptocurrencies will not be backed and supported by the government.

Just because it is practically the progenitor doesn't mean that it is inferior to the ones that came after it. The fact of the matter is, that bitcoin's popularity and technology paved the way for these cryptocurrencies who I would say are just slightly different iterations of bitcoin and without it we wouldn't see ethereum, or any type of cryptocurrencies out there. in more ways than one bitcoin show more promise than the majority of the cryptocurrencies in the market. Further dignifying the fact that even if it came before everything else, it is not last in the race and is still practically succeeding past the other participants. And people believe in it because of the promising potential that it can offer not only in the sector of finance and economy but the technology behind it as well. Blockchain is one of the most secure and most powerful technologies ever made in this decade, there is a wide array of applications that it can be implemented on so in order to keep blockchain alive at least until we crack all of its secrets, some of us who aren't even proponents of bitcoin had no choice but to support it nonetheless.

I've seen this game through MoistCrit1kal's stream become big from just being a regular back of the set slapping tournament to a tournament of its own complete with a larger prize pot and basic rules within the game prior. There's a huge possibility this could progress even further to perhaps have it be given a show for Russian people to enjoy. Olympics however would be a bit hard to reach since most games that are included in there all originated in Greece and as far as I know the basic criteria that a sport to meet in order to be included in the Olympics is to ensure that the sport originated from Greece itself. Funny that you mentioned that it doesn't require official rules when the hype around this sport had risen up so much so that it required them to include specific rules in the game like tiered warning system if you hit the neck or the ear. Some participants even take diets and training before their games so at this point it became a game that has gone serious despite the fact that it probably came from a couple of people memeing around.

It's all about what you do with power that determines whether you are a master or a leader. Not everyone who was able to command a multitude of culture and people did so in hopes of enslaving them in the process. Sure the majority may do but there are still notable exceptions to this question. Nonetheless, as a considered "slave" since I haven't created my own cryptocurrency and have no plans in doing so in the future, yet I am relatively faring well and couldn't wish for more other than hoping the cryptocurrency industry flourishes more and touch more lives in the future. Responsibility and morals is what keeps everyone tethered from freedom. To rule, you are given the responsibility to take care of lives under your morals. This could also be seen in cryptocurrency when someone releases their own cryptocurrency and garners interest and purchase from people. In some way or form everyone is a slave in this world, so it's not like you can't really get away from it. What matters at least for me is the fact that through cryptocurrency, and the technology that is behind it we are given a promise and a hope that the future wouldn't be as awful as our present.

This is a problem that banks have caused to create profit, to have bitcoin solve it, if it can anyway, is like having someone clean up after your mess. If we are to reinvent the way currency works through the introduction of cryptocurrencies as the main form of payment method that we will use, we may not even have to worry about the debt itself as banks would be obsolete and in any case this should clear out the small debts. Larger debts in the form of loans on the world bank however may require a larger form of effort to be exerted which bitcoin doesn't have to do. Inflation, certainly. But massive debts? It's unnecessary and quite impossible even for something as revolutionary as bitcoin. Bitcoin could at least help a country utilize its potential much wiser and with that comes the potential for an upheaval in the economic sector and a clearing of national debts in the process. This is just my idea of how bitcoin could assist in the debt crisis and I am not quite sure if this is a very viable move that countries could take in the near future.

ESRB ratings are there for a reason, I'm pretty sure not everyone is able to follow the appropriate guidelines in letting underaged children buy content that are not meant for their age group especially when it comes to videogames. Most establishments and gaming shops would have no issue selling let's say DOOM to an 8 year old kid nowadays. What could be done to alleviate this problem is to impose said guidelines in a stricter fashion, same as how PG ratings in movies are implemented. This way, kids who aren't supposed to be seeing gambling or adult content in a videogame are kept at bay. Prohibition is the only effective way in these kinds of situation to ensure that kids aren't subjected to gambling at a very young age sadly. DLCs and loot system definitely made the gaming industry more inaccessible to the general public. Aside from paying that extra dollars to only get a chance to upgrade your cosmetics or abilities in-game, the younger audiences are expected to of course not partake in activities that involve loot system in-game.

Money isn't the root of all evil, because if so why would they ask for it in church? I think people are innately evil, it's just that because of money, it allowed them to do evil deeds in a much larger scale than let's say what a poor could only do. A poor person wouldn't be able to commit tax fraud and money laundering, a poor person wouldn't be able to commit murder and get away with it. A poor person wouldn't be able to step on other poor people because after all they are in the same social class. So for me money isn't the root of all evil, humanity is born evil, and money just enables them to channel that evil in more ways. Loving money for me isn't really evil and I would have to agree with you on that. Everyone would love to be able to put food on the plate without having to worry the next day, everyone would love to be enabled. It's how you use that money that makes you evil or not. Charitable institutions accept money for noble causes and of course they love money but we don't go around telling them they are evil (well, except for PETA).

Not a lot of establishments and online sites offer payment thru bitcoin, so what I usually do is to convert some of my bitcoins that are meant for online purchases, leaving my bitcoins that are meant for investment untouched, and shoulder the long wait time and the expensive processing fee. It is not always the best option and the best process but at least I help with the economy of bitcoin by ensuring that not all of them are held and some of them are still in circulation. For transactions like money transfer and such, I use a middleman online to accept and send the payments for me so my real address is kept hidden and is out of record. Well you could have your package be sent into your local post office instead, that's what I do most of the time. Sure you may have to drive or walk just to get there and it may not be the best experience really but I usually just think of it as my exercise, because in my cause my local post office is quite near. Then again what works for me may not work for you so you're always free to explore your options.

Back when I was gambling uncontrollably, to the point that I usually spend even my budget for rent and groceries, I had this heavy feeling in my head, like a cloud was cast over me and every time I lose it just becomes more apparent. I know this may not be an obvious sign that everyone suffering from gambling addiction could experience yet this is one of the most annoying things I felt when I was at that situation. Aside from this, I also began forgetting things that I otherwise would've easily remembered, additionally, I also frequently had thoughts about gambling and how I can make it better for me. Only was able to get past from it when I started undergoing therapy and so far, I can say that the experience led me to become a much more responsible gambler. These are very common and most people who have been addicted to gambling have most likely experienced this. Including the fact that your brain will not settle into something else unless you find a way to distract it or connect it to gambling. Not a very pleasant experience really.

Bitcoin is originally meant to be a permanent replacement to fiat currency, but since people found profit in investing and holding bitcoins nowadays, it worked best as a speculative asset.  Still, I believe that the moment bitcoin's volatility and high processing time and fees are solved, which is very possible in the near future considering technology advances exponentially, we could see bitcoin acting more in line with its intended purpose. But as of now, I think it's all okay that it's used by millions around the world to get by amidst this pesky pandemic situation. Agreeing with you on this. Bitcoin is pretty much offering the best of both worlds, offering limitless transactions across the planet, and some form of profitability too to those who see it as an investment venture. We also couldn't deny the fact that even now, there are multitudes of bitcoin holders who both use it as an online currency, and as a way to earn money too.

We are a forum of people that saw potential in bitcoin's profitability, technology, or the help it could offer our future societies. People may argue that we are but following a blind faith but the thing is there are multiple evidences that bitcoin can indeed do this and overcome the obstacles that it is faced currently. but I digress. The thing I'm trying to point out is that bitcoin is no religion, nor is bitcoin or Satoshi Nakamoto for that matter a god. It's one thing to be thankful and happy that we are able to experience bitcoin, it's another to think that bitcoin is the new-age Jesus and Satoshi Nakamoto the one true god. Exactly. And the fact that we follow bitcoin because there is evidence in our reasons is enough proof to dignify that bitcoin is no religious thing. We just happen to be believing in the potential that bitcoin could input into our lives and not necessarily to bitcoin itself becoming the true solution to all of our physical and existential problems, much like what a god would be.

Most of the people here may tell that the reason people seemingly humanizes what are otherwise non-living items was because of motivation is a bit incorrect for me. If you have watched Cast Away, you'd remember that Tom Hanks made a companion out of a volleyball and gave it a name, even going so far as to risk his life for it when he found out that he is not with him upon deserting the island. The point I am trying to make is that people may sometimes attach themselves to items that they have spent quite the time or effort with, almost to the point of humanizing them, that's why some people name their cars. The fact that they spent fortune and of course irretrievable time with the car or in your case the slot machine was enough to at least endow them with humane attributes. Thing is this is a bias of our brain that had been there since time immemorial, we can work around it but we will always fall under the same pit over and over again eventually. Although of course, just because it has been there as a part of our instinct doesn't mean it's normal.

Convenience definitely plays a huge role in the opinion of people towards bitcoin. A huge number of the populace are well aware of bitcoin's existence courtesy of social media and various news outlets that give out updates regarding said cryptocurrency, but only a small handful are able to invest because of the fact that not everyone is knowledgeable in the manner of bitcoin acquisition, while some just don't think that bitcoin isn't just worth the extensive, and expensive process of acquiring it. Still, in the following years we expect bitcoin to become more accessible to the common Joe, so we could see a greater increase in the volume of investors and supporters. Fiat banknote literally took hundreds of years to become adopted, as technology and the human intelligence progresses, we may not need to wait that long to see bitcoin taking over the monetary scene. Just needs a catalyst that will spark people's interest towards bitcoin, and a much more accessible manner of acquisition for bitcoin.

Efforts to monetization in the space of twitter has been made and as far as I know is already mobilized, it will actually be a great boost in bitcoin's popularity if ever Jack Dorsey implements this feature, although I can see that it could also cause some detriments in the manner to which bitcoin operates in the market. For instance, price drop is imminent and is a huge possibility because as much more people are given the chance to own bitcoin, a number of them will choose to sell it for fiat to facilitate their daily purchases. Another is the false perception that bitcoin is nothing more than glorified venmo, cashapp, or the likes. Hopefully this does not stagnate bitcoin's applications and allow it to instead be a gateway for future pieces of technology integrating bitcoin or blockchain for that matter. The way I see it, this is a big and promising move from Jack Dorsey with the detriments I mentioned earlier not really becoming a big deal when we consider the opportunities this could offer to bitcoin.

There is still some risk of devaluation but since it is not tied to the dollar that is susceptible to hyperinflation, not to mention the fact that bitcoins and cryptocurrencies with limited supply aren't subject to inflation, we only feel this devaluations when the price of bitcoin dumps. All of the things you just mentioned are indeed sound reasons to invest in bitcoin, but before anyone who isn't aware of what bitcoin really is about misconstrue this venture as a get-rich-quick scheme, there should be a clear distinction on the negatives of bitcoin investing as well, just to level the playing field and ensure that everyone who would invest in this coin will have no regrets and be surprised per se. Volatility indeed works well both ways. Although of course this works best if you are shorting an asset. Bitcoin holders on the other hand aren't really a fan of the volatility that bitcoin has to offer since it makes investing really risky and sometimes dangerous especially if they are investing something they cannot afford to lose which they shouldn't anyway in the first place.

There's no foolproof way for us investors to know when the market will rise and fall, best we could do is formulate speculations and predictions based on the movement of the market and nothing else. What I suggest you do is inform him/her instead of bitcoin and give him an expectation that bitcoin is not something that you could get a quick buck from whenever you so please. There's a huge margin of loss here that some people may not be able to afford, so only advise someone to invest if you are positive they can weather the losses they will potentially incur while on this run. Advices are one thing, I've been told about cryptocurrencies by a friend of mine too and I can never be less grateful that he did so because it certainly had become a life-changer for me. What is always important is setting an expectation that this is not always rainbows and unicorns, there is risk of loss that everyone from the smallest investors to the biggest bagholders are susceptible from.