While helping them in investimg into crypto is not a bad thing to do, but I am more concerned about the repercussions later on. If the market goes well, nothing bad will happen but if it doesn't, that the problem will start occurring. This is not a small amount your relatives have invested. I hope they have taken this decision on their own so that they don't blame you for anything. Relatives are quite tricky to handle.

First of all, why we need privacy coins in existence- there is one simple answer to it! To hide the source and trail of money! As simple as that! Otherwise when we have around 5000 crypto coins in the market with almost every functionality, why would there be a need to have a coin that emphasizes on privacy! Just think about it.

I personally don't think privacy coins will be extinct ever. Because a certain group of people will still want to use that. But it's market response will become limited as well. Time will tell if they are destined to fail or not, but I think it will alway remain appealing to a certain group of people who loves to protect theyr privacy at all costs!

It's a never ending debate. Haters gonna hate! But does that make bitcoin look bad? Ask those people who are able to see financial freedom because of bitcoin. Ask those people who have become millionaires because of bitcoin and living their dream life. On the other hand, you will also find those people who have lost money from bitcoin investment because they have followed the fomo curve. So all types of people are in there, who were benefitted and who were not!

Pow is an energy intensive algorithm and unfortunately there is no way to change it to POS. Even if there's a way, who's gonna execute it? I don't think such statistics hold the power to bring down the image/charm of bitcoin.

If a country is favorable towards a certain activity, then I don't see any issue for the players not to play on an Ukraine based casino. Especially in crypto gambling market, where reputation holds the highest standard than anything else.

But I believe Ukraine has some legal limitations of language. In an .uk domain, the contents must be written in Russian. Also if a website is being hosted from an Ukraine based server, the same limitation applies. That might become a blocker to reach the rest of the world.

News reference: https://www.azcentral.com/story/money/business/consumers/2021/09/08/sports-betting-legal-arizona-what-to-know/5772236001/

It seems, not just fantasy sports, but they have legalized the sports betting segment altogether. But unfortunately I don't see any crypto sportsbooks there, only fiat! So the news might no be enticing to a majority of us! It's just some fiat punks getting rich.

I don't know why the face looks very similar to anonymous mask to me! Has anyone else got the same feeling?

Obviously Mr. Nakamoto's face is not known to anyone so no question of getting it done correctly. But still very Similar to anonymous mask from the picture.

Many thanks to whoever planned and executed this. Mr. Nakamoto definitely deserves to be honored.

I wouldn't disagree with that! If the streamers are using company money and claiming it as their own money, then it's unethical for sure. Because there is no truth. But I believe the gambling houses are promoting such practices and there's little we can do. Twitch has recently imposed some restrictions on gambling video where they are not allowed to put their referral links anymore. But this is not something that can put an end to this practice.

But to be honest, banks are the most unethical business organizations in the world and their scale of operations are quite big compared to online gambling market. So it's not right to blame gambling only!

The videos you are referring here, are mostly sponsored by the gambling houses. Just like any other businesses, gambling houses also need to market their casino to reach their target customers. So youtube/twitch streaming is one way of reaching highly targeted customer base.

But if the streamers are wrongfully claiming that they are usingbtheir own money but in reality if they are using sponsored money, then it's unethical for sure. But in this highly competitive market, such things usually happen as standard practices.

Opensea is just lacking some policies around risk management. If I take an example of a stock broker of my country, I can see a solution there. No employees of any stock blocker are allowed to day trade in the stock market. If they want to buy stocks, they need to take prior approval from the risk advisory committee set up by each broker. Since every stock account is linked to a common ID, it's pretty easy to track any malpractices.

NFT marketplaces now need such kind of risk management practices which will effectively bar any employee from trading in NFTs. But given the nature of crypto, it is next to impossible really!

We are yet to see the final outcome because the government has just permitted few countries to start bitcoin mining operations and began drafting rules and regulations. So we have already seen one positive thing. More positive things to come in near future.

Laos is a small country and not really fit for hosting big manufacturing hubs. So the government is trying to play smart by utilizing their cheap electric resources to bitcoin mining and earn tax revenue from it. Completely makes sense!

Lol! You are still waiting? For what? Are you waiting to buy bitcoin at 3k level again?

No one is an astrologer here so no one would be able to tell you which direction bitcoin will take in next few years. But one thing you need to understand that bitcoin has a fixed supply and its popularity is growing day by day. So it's purely an accumulation game to be honest. Instead of investing all your money in one go, purchase through a systematic investment plan and for long term. The more you accumulate over the period of time, the better your gains will be.

You are addicted and underage! Who introduced you to the crypto gambling? Whoever has done this, has done a heinous crime, I must say! Since you are always think about gambling and planning for the night on how you will gamble, is an acute sign of gambling addiction.

I am glad that you at least have this confusion in your mind. It's a sign that you can come out of such addiction. Take help from your parents and don't be afraid to speak out the truth. You may have to face little anger but it will benefit you for sure.

You are extremely lucky. You should have purchased few lottery tickets as well on the same day when you had discovered this balance in your bitcoin wallet. The amount you have found in your bitcoin wallet, is more than my mortgage amount. I want to write a similar true story about my dogecoin locker, but I am not able to find where I have kept around 40k dogecoins.

Hardware wallets wouldn't be required as you are using a bitcoin core wallet. But ensure that you always keep enough space  in your hard drive for the blockchain to sync.

I knew about bitcoin since its inception. I was also having access to a desktop pc with intel i5 processor that time. I was one of the few initial customers in my country to buy an i5 desktop system. I could have been a millionaire today but unfortunately I didn't bother much about it and didn't give it a go. I was earning well theough various freelancing work and I was happy. It seems god didn't want me to become rich. Otherwise back in 2009-10, my i5 pc was enough to mine seceral hundreds of bitcoins which could be valued few millions today and I would live a life of a king. But alas! My ignorance failed me big time.

Also bitcoin was very complicated at that time. Only bitcoin core wallet was available which would require few lines of codes to operate. Probably that's another reason why bitcoin didn't attract me that time.

This business model is very similar to the business model of Cred. Whoever is using credit cards, must have heard of it. Cred also relies on the customer's money but their major revenue aource is advertising. Usually these type of cashback platforms promotes various brands and get paid by those brands in return. The annual fees is definitely a source of revenue for them but not a major one.

One thing I am unsure about. As per law, no Indian company can issue debit or credit cards except banks. So if this company is issuing cards from Singapore, they are illegal in India. Not sure how they are operating for Indian brands!

What you have narrated here has nothing to do with bitcoin. It is a typical ponzi scam under the disguise of "paid to click" business. Do not ever fall for such websites going forward. Making money online is not easy so if you see such easy tasks which will fetch you some unrealistic amount of returns, stay out of those.

Bitcoin is a currency system just like USD. But it is just not controlled by any central authority. If you want to know about bitcoin, go google it and millions of resources will be with you in less than a second.

If we were so good in foreseeing 25 years ahead of us, we would have been a billionaire by now! A lot can change in 25 years. With the introduction of quantum computing, the whole crypto ecosystem may become invalid. Or a lot of new technologies may get invented which may take the crypto game to a whole new level. Who knows!

But I believe those algorithms will survive and thrive who are green in nature besides bitcoin's pow. From that perspective, electricity intensive mining system may become irrelevant totally. But that's just an assumption!

That's not surprising at all! Because the government of El-Salvador has legalized bitcoin in their country as an official currency besides US dollar. So every bank operating in this country, will be forced to accept bitcoin as a valid currency. It seems Bancoagricola bank is fast enough to make necessary changes in their system and to stay ahead of the competition. The question is that when the remaining banks will be implementing such changes!

Hi op, I seriously didn't understand the requirement of your topic or what is the information you are trying to convey!

Bankings system is not flawless - we all know that. Banking system is centralized and thrives on other's money! That's a known fact.

Bitcoin doesn't require an intermediary- that is also a know fact. What exactly you are trying to establish?

Good one! But it is indeed true that government departments usually do not coordinate with each other. I can guarantee this from my 2 years experience of government project. But here the case is little different.

RBI is not directly linked to finance Ministry. RBI can take their own decisions without going through FM as they are the controller of banking system. But when it comes to policy and non-related to banking, FM must step in.

But one thing I can assure you, FM will definitely consult RBI before putting the bill on the table.