NFT is indeed a speculative asset and it's no wonder that it could be very well used for money laundering. Criminals will always find ways to chrat the system and with NFT and privacy coins, it has now even become easier than ever.

NFT is a strange market already where people are buying jpg files for millions of dollars which you can't even physically see or feel. Isn't it stupid? Criminals can now create a shit art and sell it for millions to a pre-defined buyer through cryptos. Black money becomes white for the seller and money is transferred for the buyer. The ownership of a jgp changes and who know what happened in background.

Totally you can! Bitcoin source code is available publicly and it is under the MIT licensing. So you indeed can copy and use the source code and run your own shitcoin. But at the end of the day, it will probably be only you running network with no taker of your coin just like thousands other shitcoin in the market which no one really cares about!

Dor example, look at the ICO scene happened in 2017-18 period where people have lost millions.

Any kind of gambling activities are anyways banned in India, excluding horse racing. I am not sure why Karnataka had to pass a separate law to specifically ban online gambling. In a federal structure, Central has already created a law named "The public gambling act of 1867". So not sure why Karnataka created this law in a separate way! Makes no sense to have a law over an existing law that serves the same purpose at the end of the day! Just a waste of some beaurocratic manpower!

A minor percentage of countries only! A dmall county like El-Salvador can't have heavy industries that can generate mass income and employment. So they had to rely on alternative things that help with their economy. So while bitcoin may be beneficial for El-Salvador, it may not yield same result in Brazil.

I still don't think majority of the government are serious enough regarding bitcoin. They are either ban it or strictly regulate it. Making bitcoin a legal tender is still a far fetched dream for majority of the governments.

If I look at the statistics, then Gervonta is a clear winner here, at least from the past records. Gervonta is undefeated since last 25 fights with 96% knock out rate. While Ronaldo holds a record of 14 wins and 86% knock out rate.

You can check the below link for useful insights,

https://box.live/fights/davis-vs-romero/

It seems Gervonta is favored by the bookies as well.

This is a super sarcastic video. I believe it is created as a joke and nothing serious but I am worried about its reach. As a youtube video it is doing great and has a great engagement. So it might make some people think twice about cryptocurrencies and re-consider their planned investments.

But anyway, in a democratic world, everyone has the right to voice their opinion. Now when Warren Buffet can't drag us down, I doubt any considerable impact will be seen for thia video. Happy to ignore!

That's great to see that Bangladesh is showing interest on crypto related matters. I know a minister has spoke about blockchain technology and said that the government shouldn't ban cryptocurrency without first knowing about it. That's positive because I know the central bank of Bangladesh had imposed a blanket banking ban on crypto few years back without any debate.

I hope the awareness around cryptocurrency increases in Asian nations so that they don't miss out this great innovation.

If you do not have have any other source of income like salary or rental etc. And if you are completely dependent on your crypto income, budgeting is must! Grab your pen and paper and clearly write down your expenses along with emergency fund for the month. There's no good or bad way to do it.

However, if you have a separate source of income, prefer not to withdraw your cryptos at all. Remember, crypto is an accumulation game. The faster you sell, the more you loose!

WW3 is a big matter. Satoshi's appearance has nothing to do with this. Nations will not spend billions of dollars over an appearance of bitcoin creator.

What reasonably would happen- Satoshi will be escorted to nearest police station by the local police and all sorts of enforcement agencies will be called upon to setup an investigation on the creation of bitcoin. Most probably Satoshi will spend the rest of his life behind the bars.

I strongly believe that US police tried to us Craig wright as a bet to find out who the real Satoshi is. They expected that real Satoshi will come out if they award the copyright of bitcoin to the Faketoshi. But that didn't happen!

Games similar to Dice or slots are mainly created for fun. Because in such games, you can't predict the outcome nor speculate on them. You are totally dependent on your luck. If it fetches you some money, that's the cherry on the top of the cake.

I consider only sports gambling as a serious method of making money. Even through sports gambling is also a speculative activity,  but a lot of considerations takes place before every bet. Rest all arr for fun only!

I would request you to watch this video to understand the gravity of the situation,

https://youtu.be/6wdXUsfgq58

But as far as bitcoin is concerned, I don't think there will be any negative impact at all. Rather, bitcoin may see new highs because of such huge debt Evergrande is going to default. But some small banks in China will definitely face capital crunch unless the Chinese government bails them out.

Integration of cryptocurrencies is easier because this technology is commercially available. But the challenge here will be the permission from the local government. Also yes, KYC is anyways required for any casino so there will be no exception for their online platform as well. But considering the stringent regulations of US government against online casinos, I don't see a crypto based casino comkng out from this merger to be honest!

It seems Mr. Bukele is determined to make bitcoin actually usable among their citizens. First he has announced free 30 USD bonus, second he has announced the bitcoin mining using geothermal energy and now a whopping discount of 20 cents per liter. It seems he will leave no stones unturned into his venture of making bitcoin popular among its citizens. Good for the crypto market in general because granular level of adoption is what we all are looking for.

I would definitely want that, without any doubt! My country houses 1.3 billion people so if bitcoin is made legal here, the demand will skyrocket beyond expectation. Also I believe it will help my country in generating employment for tech savy millenials which will in turn boost tax revenues. The businesses around this sector will become more streamlined. So it's definitely a positive.

But unfortunately my country is run by a bunch of religious jokers so I don't have much hope!

So the tax revenue from cryptocurrencies didn't match the forecast of the government and some senior officials from Tax department has to save their own jobs. That's how it all starts!

I remember we all cheered when Japan as the first country legalized cryptocurrencies. Later the excitement was gone looking at the tax rate which is highest in the world. And now with this crackdown, Japan government is going against their own decisions. Sad governance!

The mainstream economy is based on debt. The crypto economy is based on people's network without any third party controlling it. So ideally we don't need banks for a crypto ecosystem. But since crypto is not a mainstream economy, we need an integration layer so that crypto can function with the mainstream economy. That's where we need banks and exchange services.

Defi is a very new type of concept and it doesn't function like banks. In bank, you can get a loan without collateral but that's not possible in defi. I don't see Defi taking over as a mainstream loan mechanism.

This bill will push the US crypto users to use only centralized wallet providers like coinbase. Otherwise, it is impossible to track the SSN of the sender. It is only possible for centralized wallet service providers which is against the competition rule. That's really sad because it goes directly against the main characteristics of cryptocurrencies.

I am sure the banking lobby is pushing their best to have it implemented because the legislation looks really radical and would actively discourage people from using cryptocurrency.

Corruption is never ending in politics. The trail of dirty money is much much bigger than we can even think about. But cryptocurrencies like bitcoin and Monero are actually guven the criminals an extra avenue to perform their illegal tasks. But since cryptocurrency is a new type of currency and comparatively new, this is not used by old crooks.

But if you see the series of events starting from MTgox, coinchek hack, bitfinex issues, ransomware attacks, US pipeline network hack, darknet operations etc. We can blatantly say that bitcoin is not being used by crooks.

The only thing is that, when a currency system is used by the criminals, should we call the currency system bad? That's not right!

Bally's Corporation and Gamesys has finalized their 2.7 billion USD mergar plan.


Bally's corporation was a land based casino group. But now after the merger of Gamesys, they are going to bring omni channel gambling platform including a grand online casino.

News reference: https://www.gamblingnews.com/news/ballys-corporation-finalizes-merger-with-gamesys-group/

While I don't find any mention of cryptocurrency based casino in this news. But in US market, where gambling is super regulated, do you all think that it will pave ways for innovation and possibly cryptocurrency based casinos?

There are more than kne Gold backed projects. Which one you are referring to?

Also, if you want to have exposure on Gold, you can straight away buy paper gold. I am not sure which country you belong from, but in my country, I can purchase paper gold and in fraction. Once my gold purchase reaches 1 gram, I can get a physical coin delivered at my address.

Look for similar supplier from your country  it's so far the best way to have direct exposure in Gold, without going through the crypto route.