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2601  Economy / Gambling discussion / Re: Slot providers... which one is the best?! on: March 16, 2022, 09:57:29 PM
Well, it seems people here love to play in Play'n Go which is it has gained more votes than others.
I am not a fan of slots games because as I know, it is based on luck games which are I don't have. I played once on this game and that was Play'n Go as I remember, so far --it is good and perhaps that is the reason why there are more in favor of this game provider of the slot because it is very common. But for me, no matter what provider it is as long as it gives a fair result of their provably fair that is fine.
However, I had like to know how many slot providers are there?

It's a bit of a meaningless poll in reality, because these games are some of the lowest - or even zero in most cases - skill games to exist. They are all driven by algorithms and programmed to benefit only the casino in the long run. They are basically money deposit machines dressed up with music, flashy graphics and mini games included to give the illusion of action but in reality come back to the most boring concept ever.  It's pretty hard to track how many slot providers there are, in many cases there are white label solutions which resell slot games to many casinos and you'll find the same game repeated across many different sites, but they're definitely not original.
2602  Economy / Economics / Re: Sanction is the right option? on: March 16, 2022, 09:44:29 PM
It is true that economic sanctions may break the backs of many countries. The country will become poor, maybe try to be self-sufficient, if it can, it will be able to survive, but it will not be able to shout at all. However, these theories may apply to Venezuela, Iran, and North Korea. But what happens when you try to play this kind of game with superpowers?

The greatest lesson of history is that no one learns from history. The same thing that is being done with Russia today is being done with Germany. Following Germany's defeat in World War I, Germany was burdened with a huge debt burden of about 269 billion gold coins. In terms of money, it is equivalent to 1 lakh tons of gold. The sole purpose of imposing this huge debt was that France and Britain wanted Germany to break the economic deadlock and not even think of war for the next hundred years. A master plan to subdue Germany without a war.

The problem is, only the weak die in the rice without hitting the hand. If you want to kill someone who has a sword in his hand, he will snatch the rice from you.

This humiliating chapter of the Treaty of Versailles provoked widespread outrage inside Germany. The Allies were to blame for Germany's economic woes at the time, and the people were agitating. When Hit-Lar finally came to power, he completely refused to repay the loan.

This debt burden and all the degrading chapters of the 1st Treaty of Versailles led to the rise of extremism in Germany. By capitalizing on which, the national hero becomes a hit-and-run offensive. Those who pushed for the treaty rather than cripple Germany seemed to invite more rather than avoid war through the treaty. Everyone knows the history of violence in the rest of Europe.

The context is not exactly the same, but how realistic is it if the West thinks that Russia will continue to weaken the economy by quietly imposing sanctions on this huge military power? It is possible to put pressure on Russia on various issues if we have economic relations. But when Russia is left completely helpless, will they apologize to the West as helpless? It is difficult to believe that Russia will do that with such a huge military force. When the Russians turn from angry to extremist against the West over Russia's problems, there may be a repeat of what happened in Germany. Which will devastate Europe.

They concede that the attempt to economically cripple Germany at the end of World War I was suicidal, which is why German leaders were tried after World War II but no attempt was made to harm the German nation. But they want to do the same thing with Russia again. It remains to be seen whether the outcome will be the same again or not.

You end by saying that crippling Germany after the war was the problem - not as an attempt to stop them at the beginning of the war. These sanctions are the only alternative that the world has without declaring war on Russia and starting world war 3. Now, how Russia will be made to pay after this war is finished will be a delicate subject that could lead to the situation you describe, but they have caused untold damage and murdered thousands of Ukrainian civilians so far, so the amount of sympathy for anything Russian is tiny right now. Sadly Putin does not have anything left to lose, he is an old man who is almost dead and will happily continue this pointless war as he tries to leave on final legacy. One of his inner circle needs to put this dirty dog in a grave so we can figure out the mess left behind.
2603  Bitcoin / Bitcoin Discussion / Re: Bitcoin becomes priority alternative when cash fails on: March 16, 2022, 09:15:57 PM
Actually this epic moment happened in Ukraine, I don't know how difficult it is to get cash there (even using e-money). Someone sells "a Legendary Car" with bitcoin. View more...

Another milestone that bitcoin really serves as an alternative currency especially in times of urgency, bitcoin is really valuable for someone to survive. Because urgent situations are not just about war, calamities can also have more severe repercussions. I think this is a perfect consideration for any government not to be too strict on bitcoin regulations.

(The point of this thread is not about Ukraine situations specifically, but to the experiences of the people on this story.)

Actually you can argue exactly the opposite - when you are surrounded by devastation with no water, electricity or maybe even food - then it is highly unlikely you'll have access to an internet connection that could allow you to move such crypto funds around easily. Cash is king in that scenario (provided it's not the Russian ruble) but more likely things like gold are useful for bartering your way. Most of the world is privileged to exist in a relatively stable environment, but the sheer devastation that has been wrought on parts of Ukraine mean that it's much easier to transact in physical goods and makes hard cash more important than ever, provided it is relatively low volatility like USD.
2604  Economy / Economics / Re: Regulation seem like the only option left on: March 16, 2022, 08:33:43 PM
Will there ever come a time that the government reaction to crypto will be encouraging for the people? Lately the head if international monetary fund Christine lagarde stated that regulatory action from the international community on crypto is inevitable ..what do you think

I don't know how you could see anything but regulation as the future of cryptocurrency. The money supply is ultimately controlled by governments and central banks, even if crypto has disrupted that slightly - the enforcers like the tax offices and police for different juridictions are going to support those financial institutions. Unless crypto is ultimately regulated with proper paper trails and transparency to governments then it will always be a potential target for take down. Cryptos biggest problem right now is wasteful energy usage, so unless it learns to conform to the standardized set of rules that other financial companies face it will be fighting multiple battles which will make it harder to win.
2605  Economy / Economics / Re: Putin is trying to coerce firms into doing business or else... on: March 15, 2022, 10:30:24 PM
Putin's latest crazy idea is to coerce Western and multinational firms into keeping their business open in his dominions. The message here is "you have to keep your doors open or I will take all your assets and property and also send your executives to jail".

https://foreignpolicy.com/2022/03/11/russia-mcdonalds-business-seizures/

Quote
McDonald’s—which made capitalist history when it opened its first Soviet restaurant in Moscow 32 years ago—is leaving Russia. So are BP, Shell, Ferrari, Ikea, Ford, Mercedes-Benz, Unilever, and a host of other Western companies

Quote
Medvedev proposed that Moscow should seize the assets of foreign individuals and companies in Russia. And on March 9, Russia’s governing party said a government commission had begun the process of doing so.

This is a very peculiar understanding of business and the rule of law. I wonder that, if this is effectively implemented, will we ever see a western company investing or doing business in Putin's dominions? Will the jobs for the Russian people created by this companies disappear for decades to come?

At the moment it is simply an empty threat, one which they tried to pedal back from quietly after the headlines were written. This sort of nationalization would make Russia even more uninvestable in future (when they're already off the charts) because it means the government will seize any potential assets, which obviously makes it impossible for foreign buyers to trust that they'll have anything left. It's almost as if Putin has thrown the last 20 years of relative stability out the window in the space of a couple weeks by all these constant mistakes and just shows how totally clueless the government is, instinctively lashing out in whatever small ways they can against the massive sanctions setup due to their unnecessary invasion.
2606  Bitcoin / Bitcoin Discussion / Re: Elon Musk Wont Sell his Bitcoin on: March 15, 2022, 10:03:51 PM
Elon Musk won't sell his bitcoins, he tweeted this and we see no big movement in the market. There was a time when his tweets had big effects on the market. This guy is losing his value by promoting Dogecoin.

It is worth considering that Elon Musk never has to sell his Bitcoin, or anything else in his life because these are all toy size amounts to him. To a billionaire these trivial amounts are just a useful way for them to diversify their huge assets, but in reality this is an almost insignificant amount of money in his wider portfolio - he could forget about this Bitcoin wallet and it would have no material impact on his future. Discussing things like Bitcoin and Dogecoin are to him just ways to spice up his twitter feed, like throwing food to his dogs. You should not try to emulate him if you are working with much smaller amounts of capital because he is extremely low risk but you will be dealing at an extremely high risk.
2607  Economy / Gambling discussion / Re: Blame Game in gambling on: March 15, 2022, 10:00:05 PM
^

I believe that one should consciously harm oneself only in urgent cases, such as when one is hopelessly ill with cancer and the narcotics that have been denouncing his hellish pains have ceased to work. Euthanasia is an excellent option in such cases.

If a person decides to commit suicide because of some problem, he is just a coward who, instead of fighting the problem, is trying to escape from it in this stupid way.

But this is a stupid way for you, but for him it may be smart. Do you want to deny him the right to make a decision?
As for harm, what about an unhealthy lifestyle? After all, it kills no less inevitably than other quick methods. Do you want to force people to go for a run in the morning? Take away their "extra" dose of sugar, etc.? How far will your concern extend? When I say "you" I mean the state.


It's hard to judge someone who gets into such a situation but often times the world and the future can look bleaker than it really is - sadly the brain has a tendency to reinforce either positive or negative feelings by looking for confirmatory evidence. That can lead to a downward (or upward) spiral which can be tough to escape from, however most gambling related debt can be dealt with as long as the underlying problem is fixed, aka the person needs to stop gambling first because they have likely been chasing losses for a while. Suicide is rarely the answer for a lot of lifes problems but depression can lead to many dark and unnecessary thoughts that need lots of help to solve.
2608  Economy / Economics / Re: More destruction of Ukraine territory and economy going on on: March 15, 2022, 06:52:23 PM
Lately the Ukraine territory have been seriously destroyed, some cities captured by Russian troops making the Ukrainian economy gradually going into the hand of Russia and the power plant that was blown up is one of the economic resources for Ukraine.

Few days back, US reviewed a satellite image of Russian military approaching Ukraine with all the warfare like the armory being taken to Russia and later , same US updated through the satellite image that the movement seem to be slowed down for whatever reason including disagreement, shortage of gas for those vehicles etc. Now I think they finally got inside of Ukraine and the reason for Ukraine economic buildings badly hit and the battle much intensity. Is a pity that they entered Ukraine and causing more destruction.

This is the picture below

My question is when these satellite images where shown and again they got some delay while coming to Ukraine, then why can't the Ukraine stop them by throwing missiles on them or Ukraine don't have such rocket missiles that can set the tanks ablaze.
Or Russia got everywhere covered by closing up the space that they can be attacked on air ?

It appears that this war is not going to end any time soon, Putin expected his military to crush Ukraine in mere days but they have taken a huge hammering in the weeks since it started. Russia has enough military might to slowly conquer Ukraine but many more people are going to die on both sides in the process and Russia's military has truly shown to be pretty awful in every respect. Russia are slowly taking ground, but even if they do take Ukraine - they have in many cases turned cities to rubble and made 40 million people hate them. Much like Afghanistan (multiple times), Iraq and Vietnam - there will be no peace for Russia until they withdraw, many Russian soldiers will need to occupy the country and will slowly be killed over time as the oppressors they are.
2609  Economy / Gambling discussion / Re: Gambling in METAVERSE on: March 14, 2022, 08:44:07 PM
I've said that before and I will say it again.
Virtual reality cannot replace actual reality.

That is true but we can use it as an alternative for example you really are in other country and wanted to hangout with friends the best alternative could be this one. I am curious about the Metaverse and gambling, what if the gambling sites adds Metaverse game was it like a VR casino and can we still verify the rounds or game? or are we just thinking the possibility of playing gambling in Metaverse?

ya.ya.yo!

Aside from hanging out with people who live far away, this should be as much fun as playing any game, watching a movie, etc! There will probably be those who will exaggerate and abuse metaverses, hanging out there 24/7 like crazy, but people do that with anything else! I think we can speak about metaverse as some new and fun thing to do when we have free time, of course, if we like it!

When it comes to whether we like it or not, we should probably try first and then draw conclusions! I haven't seen anything concrete about the metaverse yet, except a lot of announcements! I am guessing that we are still far from anything real that we can actually try... so we are just thinking about the possibility of gambling in the metaverse!

Let's picture this a slightly different way, as funnily enough this deep virtual 3d environment is essentially a step towards a world like "the Matrix" or maybe a place where a consciousness can live forever - however that is likely many decades away, it is a slightly scary thought that a corporatation would have this level of control and there are lots of entertainment shows that have explored this idea. However for gambling purposes, for me the actual fun part is being in the casino environment, getting a little tipsy and frittering away a little cash. I just don't see how that will ever be recreated in a virtual world where you can never recreate the same feel.
2610  Economy / Economics / Re: Russia and china natural resources profit on: March 14, 2022, 08:30:41 PM
Its a huge marketcap business trade betweeen russia and china thanks to sanctions...but how we can get part of this profit margins ?  The a lot money to be made but how to get in this specillay natural resources like gas oil ....

How do you make money off of oil? You could have bought shares in companies like BP or Shell last year for half the price they are now, having doubled your money in less than a year. On top of that they are paying out nice fat juicy dividends every 3 months since the price of oil has sky rocketed again. You're better off buying shares in countries like Europe or America because the stock exchanges in countries like Russia or China are heavily controlled by the government who have been rather erratic lately. You should read up more on the stock market and how it works, because it is really simple to get the profit from these type of commodities but you need money to buy into it.
2611  Economy / Gambling discussion / Re: Gambling in METAVERSE on: March 13, 2022, 09:20:27 PM
The most hyped thing is that people are talking too much about it. And they said this would be the future of the internet and the future of business. Yes, you guessed correctly, it's the metaverse. After Facebook changed their name to Meta, and after the announcement of Web 3.0 and the hype of NFT and several blockchain technologies, people really want to experience the things of the Metaverse. And it is true that blockchain gaming will be the first place where the metaverse will be introduced properly.

But my intensity is about gambling in the metaverse. Did you think about it? What are your thoughts on gambling in the metaverse world, where you and a friend are playing at a table, but it's online, and you're sitting next to each other, but you're from different countries? Isn't it sound cool? Well, it felt cool to me. I don't know if this type of site exists or not, but in the future there will definitely be a gambling world in the metaverse. And I really want to experience that. I hope that technology comes soon.

Whats your opinion about this technology?

I am actually a little confused about where this post should be suitable. If you think it's the best category, please move it.

Everyone who has been around a few years sees this hyped up "virtual world" idea come around every few years and there are slight improvements on the last. Facebook probably does have a lot of money and skills to progress it further this time, but it will still probably under deliver on peoples expectations. The fact that they have a huge user base to start with may give them a big boost if it does turn out to be appealing and a vast improvement on previous attempts. However it is hard to see how it can be improved very much beyond a Grand Theft Auto size world but heavily scaled up to the size of a Microsoft flight simulator (the whole world). At the end of the day though, you'll still be stuck at home instead of seeing the true world and that is where the adventure really exists.
2612  Economy / Economics / Re: Bank’s failure on: March 13, 2022, 09:04:13 PM
Today we have witnessed how easy is for the banks to freeze all assets that people rely on. The economy across the globe will change, trading will be much more difficult given the current situation. Over the last few years a lot of people have been affected by disrupting events and virus outbreak being unable to work and earn to support their families. It comes to the point where trusting the banks will no longer apply. Even there is war or not, the population still needs to work, travel and move money where needed. Other people have to travel from one country to another and if credit/debit cards are suspended, there will be no trade. The problem occurred in 2008 is just around the corner waiting to burst again but this time is different. We have to look at alternative ways to produce and distribute energy.

You say all of this as if it is a negative thing, but the backlash that has been imposed against Putin was way beyond what he could ever have imagined and in part that was helped by the centralized nature of the banking system. It is only through Russia being part of these far spanning global networks that it has been possible to cause vast economic damage to Russia for their totally unjust invasion and attempt to crush a democratic people who were successful in ridding themselves of a puppet regime. Unfortunately that means many Russian people will have to suffer in the process, but maybe it will spur them to overthrow the tyrant they have for a leader.
2613  Economy / Gambling / Re: Join a collective boycott of all Russian gambling platforms on: March 13, 2022, 09:00:49 PM
It makes sense to you because you do not own or run any business in Russia. Think beyond this and think of what those who do not like Putin but own businesses in Russia whose businesses are now sanctioned will be faced with now. Putin is a dictator despite that he was elected into office, and you think he will not go after anyone who will go on the streets to protest against him because of the imposed sanctions? That man is capable of killing anything that stands as barrier to him.

This is exactly my concern, in Russia not everybody is supporting Putin. The official approval rate of Putin was around 70%, which is of course not a correct number. So even in the worst case 30% are not supporting Putin and will still be hit hard by the sanctions. It's easy for us from the West to say that people should stand up to Putin, even if that leads to getting beaten up and worst case spend 10 years in jail.
The billionaires and oligarchs still have most of their money in Russia, they might lose some yachts, international money and properties. But their lifestyle within Russia probably won't charge much. It's the average citizen that is hurting he most. And will the sanctions really help and make them stand up to Putin or will they get angry at the West instead? I think there is a big possibilities that the sanctions backfire and make more people angry against the West. Which will push Russia even further into a corner.
I am against this war and hope that the peace deals will lead to a ceasefire soon.

We're in very dangerous times right now and as you point out, even though Putin's approval rating looks high it is impossible to take any of these internal Russian polls seriously - it is effectively putting citizens on trial if they answer negatively about him. While I agree with all the action that has been taken against Russia so far and they are in for a whole world of economic pain, because they choose to invade then murder their neighbors, there are going to be long lasting repercussions that reverberate around the world. Russia has isolated itself through these terrible actions, but that makes it harder for Putin the fool to see a way out and might make him prone to even more dangerous actions - what a confusing situation we're left in.
2614  Economy / Economics / Re: The ruble is going to hell on: March 12, 2022, 05:41:53 PM
It seems that Putin's gamble is not working out as he had hoped. He is moving militarily rather slower than he anticipated and now apart he has taken two economic measures:

"President Vladimir Putin banned all Russian residents from transferring hard currency abroad, including for servicing foreign loan contracts, potentially putting much of the country’s $478 billion in external debt at risk of default."

Source: Putin’s Ban on Foreign Debt Service Raises $478 Billion Question.

To stop the bleeding of the ruble, which is plummeting even in the face of a weak USD due to over-printing, he has also ordered that: "Russian businesses that trade abroad must sell 80% of their foreign currency earnings and convert them to rubles...

A picture is worth a thousand words:

This is starting to cause panic among its population, which has rushed en masse to withdraw cash from ATMs:

Russians rush to withdraw cash at ATMs as rouble plunges; central bank hikes rates to 20%

The most important thing in the conflict is the human drama with dead, wounded and displaced people, but I wanted to open thread to comment in this economy section what could be the medium term future of the Russian currency and economy.

I wonder if some of these measures affect Best_Change, which I understand is a business located in Russia, but I don't know if they will want to comment anything.

While I'm definitely anti-Putin, I think we need to be careful about cheering too much at the downfall of Russia because at present he looks like a complete fool. Now, he is standing in front of the world with what is meant to be one of the scariest and top military might, yet it is getting destroyed all over the place - they haven't even achieved air superiority so far. Couple that with devastating sanctions that we've not even begun to see the effects of so far, and it's getting worse all the time for this man. If he's not already there, it's looking like he has nothing left to lose so might as well get even more destructive in this senseless war. There is no chance he's going to touch other NATO countries, but he can still unleash even more hell in Ukraine so who knows what will happen next.
2615  Economy / Economics / Re: Inflation hits Russia on: March 12, 2022, 02:24:03 PM
USDT records new all-time high against Russian ruble as inflation hits

War will always damage the economy of the affected countries, this is the 5th day of the war between Russia and Ukraine, the US, EU and generally the UN have been sanctioning Russia since the start of the Russia - Ukraine war which includes removing Russia from Swift and many other sanctions. Russia's central bank doubled key interest rates on Feb. 28, from 9.5% to 20% and USDT which is pegged to USD which has increased 30% against Russian ruble (RUR) within five days of war. Bitcoin trading volume on crypto exchanges in Ukraine spiked 200%.

This is likely the beginning of the war if it does not cease anytime soon, I am been seeing some people saying the EU needs Russia than Russia needs them, that they depend on crude oil and many mineral resources from Russia, but what is causing the inflation in Russia is because of the Russia - Ukraine war. This could be more severe if the war does not ends soon. With the look of what is going on, Russia has been planing this for years and this has led to some people killed and many left their homes.

We're still in the very early days of seeing the Russian economy collapse. Inflation might be the last of the average citizens as we're seeing trade getting cut off from all of Europe and North America. Russia is set to default on its debt soon, which has always been followed by a devastating recession and it will take a long time to recover since they've effectively isolated themselves from most of the richest countries in the world by starting this war. Very little progress is going to be made in Russia while Putin stays in power, mainly because few countries can count on his word as truthful and many are no longer scared of his bullying tactics. He has shown that he is running not just a terrible economy, but also that he was far from the brilliant military tactician that many perceived he might be.
2616  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATMs in UK Declared as Illegal on: March 12, 2022, 01:03:37 PM
So, I just seen 1 post from a FB page regarding this, and then tried to see if it was true...

Just yesterday, 11th of March, Bitcoin ATMs are declared illegal in the UK by their regulator Financial Conduct Authority or the FCA.  They said that the owners of these machines should stop operating or else they will be sanctioned.

As of writing this post, there are 70 Bitcoin ATMs/Tellers in United Kingdom based from the data on Coin ATM Radar.

I was just wondering, how will these kind of actions by some regulatory body affects bitcoin and its value? Any thoughts?

Nobody can predict for sure what's going to happen, but it's certainly a sign that the regulators in the UK want more oversight of even the smallest level transactions - apparently these ATM's were not doing adequate identity checks and this would open them up to money laundering concerns. I think we're going to see more action against cryptocurrency soon, as there are severe financial sanctions against Russia and they're going to be looking for all sorts of ways around them. The fact that many exchanges have refused to cooperate so far is going to put them in a bad light with politicians and the general public, so law makers will have an easier time taking action.
2617  Economy / Economics / Re: China's strategy on the Ukraine invasion war on: March 12, 2022, 11:58:24 AM
How is China playing this?

a) Observing carefully as how the West is playing this crisis, how far they are willing to go when China invades Taiwan Russia invades Ukraine. How powerful is the response, how far is the West willing to go.

b) Keeping a distance from both sides, but not "the same distance" from both sides:


Quote
China criticized the Washington's response on Wednesday, saying the new US sanctions amounted to throwing "fuel on the fire" and were "irresponsible and immoral."

Quote
In a joint statement, Russia and China called on NATO to "ideologized approaches of the Cold War" and "respect the diversity of civilizational and cultural-historical patterns" in other countries.

As you can see, China is nothing but happy about this, as they are watching two potential enemies erode themselves and testing their strength. Lots of lessons will be learnt on the handling of this crisis and I would not say that Europe and Democracies are playing a great role in terms of intimidation, yet at least is managing to stay reasonably united.

China are such a bunch of hypocrites and it is so clear for all to see. They say don't throw fuel on the fire? Well Russia has invaded a country in Europe - proceeding to murder civilians and level cities all over with zero justification. It is Russia that needs to learn to respect other cultures and civilizations instead of trying to impose their will by endless violence. There is no way that Russia comes out of this war successfully, even if they continue murdering innocent people their economy will be shattered for decades to come. The only way this ends now is with the downfall of Putin, hopefully he can be replaced by a democratic system which will take a long time to build. The Chinese are a bunch of cowards, simply looking to prop up another friendly authoritarian government but they'll both end up losing in the long run. Dictator Xi Jinping better be scared, this is the Chinese future.
2618  Economy / Service Discussion / Re: Drake became partners of the Stake Casino on: March 11, 2022, 10:07:56 PM
It seems that the previous thread when Drake made huge bets on the Super Bowl at the Stake Casino has been continued:

I received this information from Stake via email. It turns out that his previous cooperation with the casino gave a good conversion and they decided to continue it further. I wonder in what form the giveaway will take place, I would like to participate )

This is pretty disturbing news to be honest, as it is now totally clear that the whole superbowl stunt was rigged and a complete setup. He has clearly been in private communication with them for some time, this would not spring up out of nowhere and just goes to show he was open to working with them as a partner all along. Not that I'm surprised about anything that these celebrities will do for money these days, but nobody should have respect for Drake at this point. He's probably getting obscene amounts for this (at least a million, probably partially paid out of that "bet" he "won"). It's a shame that regulators don't crack down hard on these sort of sham advertisements. It's not like this guy ever needs to work again, but he continues to sell off his dignity for the right bidder.
2619  Economy / Economics / Re: Who gain's from War ? on: March 11, 2022, 10:03:10 PM
I'm right here, Argument with my mate about the current invasion by Russia in Ukraine.
He just told me countries make money from war, could it be the journalist alone ? Government who please, I'm juvenile at this.

Different people gain and lose different things from wars, it is extremely fluid. Companies in the defense industry are likely to see a short to medium term spike which benefits them. Politicians who tell their armies to fight at the highest levels are often far beyond wanting any monetary riches from it, certain wars become ideological and are based on power projection, even if they do come across as incompetent they can kill a lot of people in the process. There are plenty of industries that also suffer from war, like we see record oil prices right now (bad for the general consumer) and there may be disruption to certain commodities like wheat or precious metals. In such cases mining companies who can supply from a further limited source may do well.
2620  Bitcoin / Bitcoin Discussion / Re: A Bitcoin wallet suddenly activates after 11 years on: March 11, 2022, 09:25:05 PM
I learnt one thing, that from every rumour, there's an element of truth.

You didn't learn anything true or useful then, sound a bit gullible more than anything. While it's interesting to see a wallet "reactivate" after such a long time, it's pointless trying to work out who the owner might be and you're better off not trying to hypothesis leads because there is no purpose to it. There are lots of people with lots of money out there, maybe this wallet got cracked, maybe someone came out of a coma for ten years, what benefit is it to you? People always trying to unmask Satoshi when part of the charm and mystery around this entity is that they stay unknown forever, it's better that way. Either way, this person has just unlocked a lot of cash, so good luck to them.
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