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2721  Alternate cryptocurrencies / Altcoin Discussion / Re: Is DeFi really a threat to centralized finance? on: October 23, 2020, 09:35:07 AM
The application of DeFi as a lending/borrowing platform has some serious flaws and I doubt it could ever realize as a genuine debt market. The first problem is collateral type. Most of the DeFi lending platforms only accept collateral in ETH blockchain assets which are commonly ERC-20 tokens.

collateral-based lending is extremely limiting right now, but it's worth pointing out that in the future, asset tokenization could make defi significantly more useful.

let's assume that titles to real property, automobiles, boats, etc could be tokenized/digitized and precedent could be established where courts recognize these titles as legally binding. conceivably, this would enable defi platforms to extend services to the traditional mortgage and auto lending industries. this could be extended to anything where traditional certificate of titles are used today.

This system could work out but still be labelled as 'centralized' because custody of property would still be in an individual's control (middleman) even if he won't be able to unlock it from his contract address without lender's permission.




Perhaps, the custody of property should be in the control of multiple randomized reputable  people distributed across the globe to make this decentralized? I think the keys for accessing the property could be decentralized/distributed in this manner.
 I do not completely understand other part of your post. Just responding to clear the quote above^
2722  Economy / Gambling discussion / Re: Do you believe NBA is rigged? on: October 23, 2020, 08:42:09 AM
Definitely, NO.
I still believe in the fair play that they showed to us despite some rumors.

Some win and some lose, that is the reality in every game. And it was obvious that the Lakers are better than Heat, so the best wins...
Heat players need time to develop their teammates and to be more aggressive. Hope they can make a good/better play next season.
The best for each season wins.

But many are believing that by the next season, they can still be the one who'll become the champs again. A back to back as their roster is really strong.

I don't believe that it's rigged too.

Each has their own opinion but we cannot remove the fact that there are really bad calls or bad plays in NBA which makes audiences doubt about the game.



I assume that after a match is played, spectators and others, point out bad decisions with their evidences (probably from their cameras) and official cameras. I wonder if this happens? If the evidence is compelling, then a match is replayed and victory reverted.
I think evidence would need to be authentic, and uploaded immediately on a public site as they are gathered. Such site would need to be decentralized I think, so evidences can't be tampered.
2723  Economy / Gambling discussion / Re: A case of the pandemic changing the score and affecting sports betting on: October 23, 2020, 08:17:21 AM

Internet connection is a big problem now since many started to use Internet every seconds now during these Pandemic new normal since many are into online activities now might be for online schooling, Work from home jobs, online businesses and etc.that will affects also the online gambling and betting especially those live ones. Dota2 and Mobile Legends Tournament can have Internet problem and issue if Internet provider been having a connection problem due to bulk users and these games or any live casino or betting games is really in need to find a stable Internet provider to solve these issues.

I can relate, I have to change to two internet providers and check who can give the best speed in my location, people who wants a good speed here in my location should not opt to broadband and instead go for Fiber, I've been using broadband for the past six years and when many people now are online it reduced my speed I have no choice but to switch to Fiber, now I'm back to my old desired speed I can bet in ral time without lagging and do my online works and finish it on time.

Interesting.
Mine is fair except for few short outages I experienced few days ago. I used another isp during the period and it worked fine.  I'm not sure about speed though. I watch videos or listen to audios occasionally and their download speeds are fair.

I guess in this situation what is important is that those who don't do very useful things with the internet reduce the amount of time they spend on the internet doing those things,so that those who do very useful things can spend more time doing them well.
2724  Other / Off-topic / Re: How do you handle pain? on: October 22, 2020, 04:29:53 PM
A glass of wine or at least 5 bottles of Beer ,i can do it my own or with friends ,simple as that because we as Man also has weaknesses and we are sometimes need to cry just to endure the pain and survive for another day.

many times that i felt hurting when i was young but now?i am mature enough to know how to face them and to avoid them as well.

This kind of technique with wine and beer might help for psychological pain.
If you have psychical pain then a glass of wine doesn't help.
It might make you forget that you are in pain, because you will have alcohol in your blood and you might feel dizzy but when the alcohol leaves your blood then you will feel the pain again.
at least in a moment it is gone that is the most important part lol
I understand, but my friend drinking alcohol is not the best idea.
Just don't live with the alcohol,this is only for some occasion and not for everyday.

True!
 It actually helps me whenever I have headache or bodypain that is difficult to stop. Most times I take a bottle of cold beer, it just disappears immediately and completely.
Such stubborn body paid comes occasionally... Probably once in few months/weeks, and am hardly addicted to those drinks. I guess drinking it to get high and happy is one of the reasons people get addicted.
2725  Bitcoin / Bitcoin Discussion / Re: Intellectual pursuit question--POS on: October 22, 2020, 03:59:02 PM
I spend way too much time thinking about bit coin but I was wondering what people thought of the idea of eventually adding a POS protocol to bit coin in order to stabilize the supply as coins are lost over the years. If it were one in a regular and automated way so that no person could manipulate it would you be open to the idea?
First of all, just know that PoW is very important, it helps miners producing companies (companies producing mining equipments) to produce more miners, it helps electricity companies to earn more money, it helps other companies like solar producing companies and other companies producing the equipment required for PoW mining like cooling machines companies as well. I wonder what will happen if all these are no more than the PoS that will be centralized eventually.

I do not understand your point, how can PoS result to stabilizing the bitcoin supply, and I do not know how PoW as contributed to lost of bitcoin, all of your statements are not correct.
The only reason you can request for PoS is for scalability issue, and I think bitcoin will still find better ways to go about this than PoS.






I think a combination of PoW and PoS (mixed with rules and reward/punishment) would do.
Staking doesn't necessarily have to be with Coin. Everyone should be able to stake anything valueble to them to be able to participate in consensus and earn merits/reputation based on how well/bad the rules are obeyed or disobeyed....
You stake something, go to work, complete your work, prove your work, and get rewarded with both coin and merits/reputation depending on how well you do your work. If you don't work according to the rule, you get de-merited with the attachment of specific rule broken close to the demerit.
As you earn coin/merit/reputation, you climb up rank with more responsibilities and higher hardware/stake. Rewards earned as you climb up the ladder should buy you better hardware or stake.
This is a more efficient and fair method.
2726  Alternate cryptocurrencies / Altcoin Discussion / Re: Is DeFi really a threat to centralized finance? on: October 22, 2020, 03:02:34 PM
On a level playing field, yes. If developers build truely decentralized applications on Defi and regulators do their job well/legally/morally,  CeFi or centralized finance will cease to exist and true DeFi will flourish. I think this will likely happen in a Just Society with people strongly following Just Law.
2727  Bitcoin / Bitcoin Discussion / Re: Darkside Hackers donating Bitcoins on: October 22, 2020, 10:54:33 AM
Well, I wouldn't accept donations from people I don't know not to talk of accepting from people who steal from others. If you steal from the rich to give to the needy, it's still evil/immoral. I think the only one that can be justified is taking back exactly what was stolen from you and denoting to the needy.
By the way, I never really like the idea of donating money to organizations that help people in need, unless they very transparent and use all the donated funds for exactly what they are donated for. Prefer to give directly and physically.


In addition to this^, if you recieve donation from someone online, it would be good to go through the person's posts history or internet activities and probably have his/her real identity recorded somewhere  openenly, or privately (if he/she chooses to be anonymous/private) before accepting it. If the donor has questionable/immoral characters or posts, you send back or reject the donation with reasons. If your donor has no post/internet history, you research or ask some questions while his/her donation remains untouched. If the answers aren't satisfactory, you return the fund back.
This ^ should well best on well decentralized network
2728  Bitcoin / Bitcoin Discussion / Re: Darkside Hackers donating Bitcoins on: October 22, 2020, 09:51:21 AM
Well, I wouldn't accept donations from people I don't know not to talk of accepting from people who steal from others. If you steal from the rich to give to the needy, it's still evil/immoral. I think the only one that can be justified is taking back exactly what was stolen from you and denoting to the needy.
By the way, I never really like the idea of donating money to organizations that help people in need, unless they very transparent and use all the donated funds for exactly what they are donated for. Prefer to give directly and physically.
2729  Economy / Gambling discussion / Re: Do you believe NBA is rigged? on: October 22, 2020, 08:35:40 AM
Interesting.
Is that (the bolded) just an observation or it certainly happens? Will be disappointed if it does happen in major football/soccer leagues.

Sure, it happens in major football leagues a lot. It's more like match fixing problem rather than ratings though. We know certified cases in Italian league etc., big clubs got relegated after that scandal was exposed.
I don't think NBA has that kind of problem because it's bigger platform and different challenge but I believe that happens occasionally and it's almost impossible to prove.


I guess it will be pretty easy to prove if a referee intentionally officiate in certain way in favour or against a team. But it'll be abit hard to prove if two experienced teams agree to play in certain way to achieve a predetermined score/result.
2730  Economy / Gambling discussion / Re: A case of the pandemic changing the score and affecting sports betting on: October 22, 2020, 08:15:49 AM
The pandemic surely has a huge effect on the whole sports industry. You have mentioned most of the key points, home-court advantage plays a huge role when playing, audiences have a huge impact on players. Most athletes are hesitant to go back to playing due to the risk of getting infected even with careful screening the risk is still present. The fear of corona hits the sports industry real hard. Some athletes gamble on playing on leagues since they also have to earn money.

This is part of the problem. Sometimes I wonder if they are taking the risk to entertain their fan or it's for the sake of the money or both. I wouldnt mind if they are taking the risk for the sake of the fans, as long as they follow the safety rules/protocol.
2731  Economy / Gambling discussion / Re: Any p2p LUDO, Carrom, 8ballpool game with Bitcoin on: October 22, 2020, 07:54:46 AM
Isn't the 8ball pool thesame as a board game called snooker? Or is it a virtual version of physical snooker? I guess I know what Ludo means. Sounds like a game that is quite popular where I live. You could find it in lots homes for siblings, parents and their friends.
If they can be quite addictive without betting, I wonder what it will be like if people bet on them. Would be better if the game is informative or improve people who play then, so that even if they become addicted to them they would be getting improved at the same time.

8ballpool is a billiard game . i dont know if what is that snooker game your saying but i searched it and i found out that its was simillar to billiard but the way it was played is not the same as billiard but it was a trick shot ? i seached ludo too and its like a snake and ladder board game but with a different board

Both look similar but I don't know much about them. Ludo is actually quite popular where I live. It's more like a dice game played on a small square board.



board games or just any other game have a benefit to human but becoming addictive is still a bad thing .

Well, it depends. The question is can people be addicted to good thing? And whether it's a good thing to be addicted to good thing?
2732  Economy / Economics / Re: btc value and currency inflations on: October 21, 2020, 04:12:48 PM
Well, the value of fiat currencies are typically measured against prices of goods and services. If prices of goods and services in a particular country rise sharply it's most likely that its fiat currency lost it's value.. possibly due to inflation of the fiat currency or scarcity of goods/services . Stablecoin backed by the fiat currency will be affected if it really follows the price of the currency. 
This won't be the case with deflationary currency like Bitcoin.  As price of Bitcoin increases due to high demand, prices of goods and services become cheap and affordable for people who own bitcoins. This is why good deflationary currencies are better Store of Value than stablecoins.


2733  Alternate cryptocurrencies / Altcoin Discussion / Re: Can you trust a Canadian Defi project ? yes ? then how much in percentage ? on: October 21, 2020, 03:12:18 PM
I would trust it if it's well decentralized, transparent, immutable, censorship resistant, permissionless/trustlessness, privacy-friendly/anonymity-friendly, secure, etc

Full advice on what to look out for before trusting a crypto project:
https://bitcointalk.org/index.php?topic=5281774.msg55370333#msg55370333
2734  Alternate cryptocurrencies / Altcoin Discussion / Re: The defi era is over? on: October 21, 2020, 02:58:13 PM
As far as I can see defi is just a game of pump and dump, defi is only good for the short term, it can make money quickly the rest is gambling. like YFI 4k so 40K and now dump 80%.

Not yet over but the era of DeFi as we know it might be. DeFi is going to offer more in the years to come but this stage is just like the trial and error stage. Decentralization in finance is always wanted and preferred but it is not yet the best form right now. The DeFi right now is the most crude form of DeFi. It also does not help that there are countless of scams riding on this DeFi wave. It gives DeFi a bad name.

And you should also understand that Bitcoin is very bullish right now so expect DeFi centered tokens to be dumping hard.

In my opinion, the DeFi experiment has given the name (defi) a bad name just like was with ICO. Doesn't mean Defi is bad, just that they haven't figured a way to make it work without compromising on the decentralization. Or they know how to make things work but are scared it will take away too much powers. Maybe we would go for another word if DeFi becomes a dirty word.
2735  Alternate cryptocurrencies / Altcoin Discussion / Re: Rare Batman art sold for ~$200K (302.5 ETH (~$111K) and 540.86 ETH) on: October 21, 2020, 10:19:40 AM
Thank you guys for your reply, but it seems that we may have missed one important thing here, others suggested in Twitter that this is a copyright infringement, with the Batman logo. Oh well, there could be legal woes coming here. In any case, I consider this a big success for crypto though.

You are right it indeed falls under copyright infringement. Batman logo is a trademark of DC comics. But does copyright infringement falls under cryptocurrency trade as the painting was purchased using ETH and not fiat


I think it should... as long as it has been copyrighted, and people that copied it are making money from it for themselves. Perhaps,  artists who wish to make money from this should used something different and unique  that is clearly not batman nor has been copyrighted.
This^ doesn't mean I support copyrighting things or  making them difficult for others to use right, for the benefit of others and themselves. It's just that some laws are made for sensible reasons (which people end up abusing).

There are people who would copy free things, modify them, make them look like their unique/original work, copyright them and make them hard for others to copy for their own benefit. This is totally immoral.

2736  Economy / Economics / Re: The Real Situation :( on: October 21, 2020, 09:23:18 AM
The World is deteriorating. It's due to sin and lawlessness. We are not meant to live like this. Human greed is destroying the world. Humans live immorally and abuse Earth's resources.
Imagine human cancer cells. They are said to be humans cells breaking good rules and behaving abnormally. The whole body suffers as a result of  the abnormal behavior of the cells. The CREATOR of the body gave the cells rules to follow but they follow the wrong ones and become lawless.
The CREATOR of Heaven and Earth gave humans HIS rules to follow but they choose to follow their own rules. The problems suffer by the world, humans and other creatures is the consequences of us abandoning GOD's Law.
2737  Economy / Gambling discussion / Re: Are there any truly safe bets in sports betting? on: October 21, 2020, 09:02:33 AM
No there's no such thing as safe bets once you placed a bet you already take it to risk. Even if you bet in a small amount and winning in long run you will still lose and you will take you longer to recover that losing bet and while trying to recover it by placing bets on lower odds there's still a chance that you will lose again. So the risk never stops in betting either sports betting or casino.
Yeah, but I must say some markets offer better odds than the possibility of happening. Technical analysis might help you grab the best odds and eliminate house edge or even turn it in your favor. I give an example, recently when Naomi Osaka withdrew from US open the markets wouldn't update as fast and one can bet on her opponent to reach finals and get great odds. I know she then decided to play the US open and actually won the tournament but there are many such instances where one can take benefit and defy odds.

Such bets can be called as safe bets because the opponent withdrew and there is no possible way to lose the bet and in worst case the sportsbook will just cancel the bet and refund which is never a problem since you don't lose anything.

Any bettor with sufficient information and acting on it will have better chances of winning than bettors without sufficient information. This is basically what reduces the risk for the skilled/successful bettor. And it applies in many areas of our life. The most prepare or informed will do better than the unformed/less-prepared.
2738  Economy / Gambling discussion / Re: Do you believe NBA is rigged? on: October 21, 2020, 08:39:27 AM
I wouldn't say rigged completely, but on some levels you can see signs. Despite competitive part, in the end this is entertainment business so ratings affect some decisions. It's not only in NBA though, it happens on all major sports. You see every player is equal on book but some players are more equal, just like Orwell said.
If you are a high rank player you don't get fouled out easily or disqualified, you get easier calls etc. Referees need to cover players health and such.

it's good to see an underdog win but sometimes bigger teams need to be in finals to get more ratings. There are levels to this system like I said. Everybody can enjoy LeBron on the court but it would be a struggle to watch if unknown players take more time on TV.


Interesting.
Is that (the bolded) just an observation or it certainly happens? Will be disappointed if it does happen in major football/soccer leagues.
It's bad to prevent the most prepared/qualified from winning. Unfair "moderation/regulation" of a game could be the main cause of this unless the players agree to let their game end in a particular way they want.
 The latter is still bad because the fans or spectators think the game is real competition. You don't decieve in the name of entertainment unless you always and specifically tell the fans/spectators that it's not real.
2739  Economy / Gambling discussion / Re: Any p2p LUDO, Carrom, 8ballpool game with Bitcoin on: October 21, 2020, 08:15:47 AM
Isn't the 8ball pool thesame as a game called snooker? Or is it a virtual version of physical snooker? I guess I know what Ludo means. Sounds like a game that is quite popular where I live. You could find it in lots homes for siblings, parents and their friends.
If they can be quite addictive without betting, I wonder what it will be like if people bet on them. Would be better if the game is informative or improve people who play then, so that even if they become addicted to them they would be getting improved at the same time.
2740  Economy / Economics / Re: Are online communities dead ? I can't find online communities to advertise ... on: October 20, 2020, 03:19:04 PM
Are online communities dead ? I can't find online communities to advertise my services etc...

The internet has become very weird ... Any online communities you recommend where i can advertise web dev,web design and graphic design services ...?


Quote
The internet has become very weird
Interested to know why you think so.


Have you tried advertising on Facebook groups? There should be lots free Marketplaces in form of Groups to sell things on the social media. There could be groups specifically for the type of products/services you want to sell. I don't know how the groups work these days though. Been long I advertised things for sale on a Facebook group.
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