By law amendments to the BILL drawn up and passed by the Ukrainian parliament. This was conveyed by Deputy Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, Mykhailo FedorovThis is just a step to legalize Virtual assets. Now in the position of Bitcoin in Ukraine, it is included in the 2nd type of asset class after property. With the reason that property has material properties, while making Bitcoin and Ethereum in the second position because by their nature they do not have physical material. We won't really think of this as an issue of concern. Because I also can not fully guarantee. What I convey from various sources or articles ( I need a google translate translation to understand it). That way basically a 20% chance it could be in the future that Ukraine does not rule out the possibility of being El Salvador. But there is something we need to note here, that as long as Bitcoin is still in the category of the 2nd Virtual asset type, it means that Bitcoin is only legal; to be exchanged or even as an investment asset. |
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The internet becomes a dangerous weapon but does not hurt physically, but mentally will be more destroyed because of rumors, insults, bullies and many other things made on the internet to attack certain individuals or groups. It even becomes a daily consumption. Not a few are depressed, resulting in mental complications in someone who can be obtained from social media networks.
Let's illustrate with Bitcoin, isn't the decline that occurred a few days ago can be accepted by the public by the internet and many of the recipients of the news do not filter the information, then it causes noise, panic, and not a few who sell at a loss because they consume too much unfiltered news. first. This also adversely affects investors who immediately withdraw their Bitcoins from the exchange to store them in the Wallet and there is no selling interaction in the market. So that the impact is enough to affect the price of Bitcoin significantly.
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I hope that OP had read what we are saying here and spare his time to analyze the situation.
And there is one thing I could suggest you OP is to take someone who owns a business if you could find a person who is also in gambling much better as this person will guide and educate you to the things that you need to procure before having in real business. It is much better for you to have a business partner that could really teach of what you have to do because this was not easy, that was the truth.
I think he/she is and as per the last update from his account it seems it's getting better from his/her side. I believe @Sterbens hit it there on what the OP should be taken into consideration first - the legal matters (license and what jurisdiction you'd be in). Marketing, the software, the budget as what OP said isn't a problem should come next (the budget covers the legal issue matters and the team you want to build), just my two cents. That's what should be built first. However the OP is not really serious about building on his idea. In fact he did not respond to input from all of us. Maybe this is just bullshit. The fact is that building a gambling business is not an easy process. At this time competing will further reduce the OP's interest in the initiative. It's just a wishful thinking that can't be realized without the professional team behind it all. |
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I know that almost everyone here advises you to have a programmer and team with other skills. But in my opinion there are things that you need to prioritize, namely all the risks how the regulations in your country will also be a boost for the survival of the casino you want to create.
First, before you reach out to people outside the country you live in, you must be able to provide open access without complicating things like system settings errors. You have to do training or some kind of introduction to the gambling business, it doesn't just need intention and interest. Because you will be the main manager in determining a long-lasting business. You should know better than the team you are recruiting.
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~Snipped
What are your views on the cases the SEC has handled frequently so far, comments are invaluable.
If the SEC's intent is only to know how users use the exchange, I have no problem with that but knowing the SED thanks to their past dealings in the crypto space, I'd say there's more to it. It's no longer news that people have been delving into Defi in numbers while utilizing decentralized exchanges and AMM protocols like Uniswap for basically everything a CEX has especially now that regulations and rules on centralized exchanges have become more strict. My opinion is that the SEC would most likely have other intents and that's a bad news for us because they won't stop at Uniswap but proceed to others. And today we're hearing more news about the exchange colony about the SEC targeting projects at Coinbase and Huobi in Thailand being banned. Then what next if almost from a big exchange into a lot of problems. Suspicious transactions, money laundering and back in the context of the diversity of accusations against investors in all exchanges. |
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Decentralized exchanges are completely free for everyone to use but governments doesn't allow certain things such as money laundering that is the reason why they are trying to find something but nothing is going to be changed and this can be a proof why the real identity of a decentralized platform can ruin its future that is why Satoshi remains anonymous forever.
Indeed that is what they (SEC) memorize about cryptocurrency exchanges, always about money laundering until now. Suspecting investors for being in Uniswap is too much. SEC will not stop here, just look at Uniswap, maybe in the future, they have another list as the next exchange that will be followed up. However, in the end, they did not provide any evidence. |
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I hope newbies reading this thread will be careful, however, your gamble is you are in control of everything. It is not recommended to represent any amount and use financial management according to what you understand. Gambling in this context is too risky if you do not have any trust in this forum and only offer a package service that is not necessarily a mechanism like this that can be understood by all gamblers.
So it's better, I remind beginners to do some research first. It is better to gamble with your hands on your own free will, for your own entertainment, and at your own risk. So that it minimizes things that in the future cannot get accountable.
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Wagering in dice can be a difficult aspect in dice games as newbies who don’t know how to set the wagering mechanism can lead to house advantage, which always causes constant losing dice.I hard my gambling mentor set the wagering number and amount to bet on that have steadily won in dice and place games.So a say dice skills are possible with the right instructor.
I appreciate you because most of us gamble in dice games only with guesswork. Of course I will be very happy if you have a strategy or some kind of technique, mechanism and things that are quite important to you. Despite all that, the same gamblers always have their own method of playing gambling. Even in slots where the task is only to press the Roll button, there are still people who make tricks. For me that is the beauty of gambling, there are always new things that are considered as methods or tricks to win. |
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When that issues happening about SEC investigate with Uniswap Exchange, last faced investigate by SEC is XRP coin and many people loss much there but always cryptocurrency is the winner and XRP fight back and win on justice. I think SEC want to get commission with cryptocurrency and try how to make USDT back and popular than crypto. They try to do everything and destroy cryptocurrency community by investigating Uniswap Exchange, but is not anything have to worry because Uniswap is not founding in United State the are of SEC commission working, the uniswap exchange is not their business.
With the many investigations that the SEC frequently conducts, we see XRP depressing to the point of falling in price. Then XRP's reputation became public opinion continuously for some time after the investigation took place. But the SEC made the investigation time span long enough that the saturation and then the strong effectiveness of XRP and the multiple delegates of investors who were already behind XRP made them resilient. Well, with the same case, I think Uniswap can really solve this problem as quickly as possible. Because otherwise the impact will be the same as XRP. Only the immunity of Cryptocurrency integrity seems to be created as an overlapping sector for the SEC that has never been completed only once or twice an investigation. |
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You need a team, you need capital and you need a lot of time. If you're serious, you can create a team recruiting thread (and that's a lot to prepare for). Not only capital, if you don't start learning first from your gambling journey.
So instead of talking about things you don't believe about yourself, then try to get to know gambling a little bit longer. Visit each gambling, do your research, what are the advantages and disadvantages of each gambling you visit, record them all as a benchmark for your goals.
Remember Rome didn't exist overnight, so you have to learn a lot about gambling, for which the famous gambling games are already available on this forum.
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Decentralized exchanges are the main point of concern to many governments and regulatory agencies. The kind of popularity Uniswap has got since its inception, is immense! Which definitely acted as a catalyst to bring SEC to their doorsteps. But it seems like SEC has floated some civil enquiries for now. But there's no guarantee that they will not come back with some serious issues.
There's no denying that swaps and decentralized exchanges have made the job of a money launderer quite easy and Unswap is the largest swap provide by volume. Let's hope that everything goes fine!
You're right, that as a sizable and profitable DEX exchange that the SEC is concerned about, we learned from Binance who recently interacted with the SEC for the same reason. I believe Uniswap is cooperative in answering every question and providing the best possible information. does it satisfy the SEC without taking the fine? Does this pose a threat to other exchanges being in full control of the KYC/AML authorities? What will happen in the future if the SEC continues to target exchanges that ultimately limit users' freedom of transaction? |
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I came across a new article about SEC oversight of the developer of the Uniswap decentralized exchange. On the other hand, what is your view on the SEC work and why is its position so influential on matters relating to crypto transactions, especially in this era of increasing adoption, such as being a financial center for the SEC because they can make money paying fines. What are your views on the cases the SEC has handled frequently so far, comments are invaluable. |
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Decentralized cryptocurrencies are alternatives not a replacement, but maybe CBDCs will replace fiat over time, and that is not a replacement as they are the same thing, centrally controlled by the government, CBDCs will be more privacy depriving.
+1 Why people been thinking about replacing to each other considering that they do have specific purpose of their existence? Talking about CBDC's then i dont really consider this to be a crypto but rather in near with digital fiat. Anything that do opposes decentralization wont really fit out on that criteria. People do really love on rivaling things around without trying to understand off that it isnt really that considerable for it to happen. I agree, that it is these three kinds of things that often make the crypto market not run as it should, the common goal of being an asset of the future is difficult to achieve. Wouldn't we be better off side by side and walking each other in different areas even though with the same goal of creating a digital era on an unlimited scale and realizing the freedom of every individual in all aspects of ownership. |
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According to the source : https://www.theguardian.com/society/2021/aug/23/uks-most-deprived-areas-have-highest-number-of-gambling-outlets-report
The most deprived areas of UK are actually having more number of gambling outlets, which is a matter of concern for sure. Apparently according to the source people are targeting the most deprived and economically weak areas which is sad. The companies are trying to scam people away and this is not working well for the people around since they might get addicted for sure. How should they go about controlling these things? Should the government try and make laws to ban such behavior and such state? I think people should have a minimum wage for sure when it comes to gambling, what do you think ? We've already discussed it here. Based on what we have noticed that our not being there is a barrier to addressing the seriousness of the problem of having casinos in some parts of the UK. Wherever they want to be, in the end they are still under the supervision of the local government and still provide opportunities for people around them not to take this too seriously. Maybe it's cultural differences that make this all we don't understand. However based on the article you shared, there is significant revenue from Casino on the government which does not add to the economic growth in the region. Furthermore, the impact on society in this article is also emphasized by the community on the other side, in other words, the existence of Casino has limitations in order to minimize things that have a negative impact on the surrounding community. |
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so their discussions on Twitter are already known as conflicts between father and son, although I doubted that they just want to attract even more attention to themselves. They are just manipulating their followers. Schiff comes out and says "I'm holding 0.001 BTC as an experiment, here's my address, I sure hope no one sends me any more!" and gets a bunch of free bitcoin. Then he says "Now my son has just bought some bitcoin, look at his account here!" and then he gets a bunch more sent to him for free. Listening to Schiff on anything bitcoin related is stupid, but sending him or his son free bitcoin "to teach him a lesson" or "to spite him" or something is just downright moronic. As I said above, he is just the same as an altcoin shiller, manipulating his followers for his own benefit. Even so far I have never had gold in any form. For me Bitcoin has made us fall in love. With all the risks and things that Peter Schiff often provokes, it never really makes sense. In fact he could only babble to shake us, even though uiu was just as useless. Gold and Bitcoin really don't need to be clashed, only a few people like Peter Schif make this something that is considered the opposite. |
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I'm not talking about any bombs. Bombs even has nothing to do with Bitcoin because Bitcoin doesn't have any office. I'm talking about more attacks from the Governments, Banks, etc. We don't have up to half of the world on our side. Not even up to quarter of the world, so, we are small and maybe can't act more than the others who have outnumbered us. If we don't have enough companies backing us up, enough people who are all in, we can't vouch for the infinity of Bitcoin. Bitcoin may be more than a decade old, but it's still young, and if you know, a tree can easily be cut when it's still a young plant.
Don't be silly, you yourself made the analogy "even good people die every day" You have to understand the context of a simple analogy that has meaning for what I'm illustrating. See why I'm talking about plantations? I simplified everything to follow your own context.
Bitcoin's position is very useful in human life (including you).
If you understand it only on the outside, then what wisdom can you absorb?
Well, and I also don't understand where your thoughts are on the impact of the bomb simulation (I'm not talking about the agency that made it, I'm not talking about who issued the bomb) note, I mean the impact.
OK, I'll simplify it so you can understand. If the world is bombed, the internet system is chaotic, bitcoin access is blocked, cross-border interactions are hard to reach. With that impact, it created a bottleneck in Bitcoin progress. (remember this is an analogy) for you to describe in real life what is happening. look at the context the OP created!!! dealing with Bitcoin survival between survival indefinitely or not. Infinity still possible, it does not matter how young the system is from the year it was started. What matter is that the goodness it brings to us. Hence, we know that crypto currency is a decentralized system then banks and even government still get hard to stop it and as long as there is internet then bitcoin will live forever and remain untouchable by central control. Besides, our world is now on its digital age and bitcoin/crypto currency will fuel the transformation of the world's digital monetary transaction.
I think you understand what I mean. Because the existence of Bitcoin is currently a solution to overcome the world economy and continue to involve Bitcoin in every aspect of technological development in the future. |
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I do advocate Bitcoin but, not all good things last forever, even good people die everyday. In short, Bitcoin may still be able to not survive. Not because it's not working properly or because it's not a scam, but because we still have a lot of naysayers out there. Governments, Banks, Individuals, so many challenges that the crypto community faces. Though, everyday, the chances of crumbling reduces but, until we outnumber the others, we are not standing on real solid ground.
For example, when a farmer dies, his grapes are still there and can be used by family, neighbors, or even sold for a profit. Bitcoin is like a ripe grape, it has the benefit of having an owner somewhere. For now, it still survives and continues to grow and is also developed from generation to generation. Digital currencies are like that too, except the world was dropped by 1000 bombs like on Hiroshima and Nagasaki. |
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No doubt that most people gamble to make money and fun is a small part of the activity.
I have to admit that I do gamble for both making money and for fun.
I cant deny even if I do gamble for fun but sometime it is not fun at all if I lose some money when I'm out of my own control.
All in all, as long as I can handle/control it wisely, it does not matter what is my main purpose in gambling.
I agree with your statement because after all the profits made from gambling will keep the gamblers entertained, both will remain attached to gambling. It is undeniable, everyone has their own version of dealing with gambling as anything. As long as it is based on personal encouragement, it will make the gambler feel that his actions are not from anyone's coercion. The matter of making money, or losing money, has become a common thing and does not need to be questioned anymore. |
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