There are quite a few companies in the US that finance litigation, that is something well known and not that new and corresponds to a country that is highly litigious by the way the system is designed, but at the same time is designed so that only people with a strong financial backup can actually get justice for their issues.

The innovation, as the OP points out is that now is short of a tokenised crowdfunding or betting if you want to put it that way. Given that most people cannot measure the real merits and chances of success of a tort, I foresee this to be just another betting option with the peculiarity that people can "show support" in cases in which they agree with the plaintiff.

In fact it is well known that some people killed themselves both financially and, in the most unfortunate cases, physically. There has been a huge crowd of people that did not really understand crypto, or better said, they did not have a hint about crypto nor life in general, and all fell easily for the scams and the promised land of money for nothing. Too bad, once more where there is opportunity, there is risk.

There never was a war on money. Bitcoin has proven that, until now, the demand exceeds the offer and thus there is price increase that is likely to continue. Bitcoin is not the opposite of money, that is just a construct that some people use to convince others to buy. It is rather a tool you can use for the originally intended peer-to-peer transfer of economic units. If now has become a tool for speculation, I do not consider it a success.

All economic tragedies come with a cost in lives. Modern societies depend on medicine to guarantee the welfare of the people and medicine, particularly the one depending on big international pharma industry, has become very expensive and destined to mostly make patients cronically sick and dependent on medicines rather than to effectively cure the afflictions. COVID has a side economic effect that is more deadly than the virus itself.

There is very little that a decentralised system can add to real state as such that cannot be achieved already by existing means and by the usual databases and systems. However, there is something to be said about decentralised organisations and new governance systems that can actually make the managing of real state more democratic or easier. I am talking about voting, demonstrating rights, paying and providing collaterals, but all that fall more into financing.

The only con I can find in gambling is not due to gambling itself but rather to some individuals that get addicted and are not fully in control of what they do or that extend their play beyond what they can really afford to loose and beyond the point in which the fun stops. Other than that, it just fun and excitement and you can even enjoy it with friends or make "a match more interesting" as they say. So nothing wrong with gambling at all, just with people.

I think that using crypto has very large advantages over using fiat, and very little inconveniences. Among the advantages, the electronic transfer is fantastic and the fact that you get the prices in crypto is attractive for many users. Also, you still can keep you holdings even if they are in the casino account, which is also good to catch the bitcoin ups when they come. One possible disadvantage is  that bitcoin and other may be expensive to move sometimes.

My take is that gambling can be for everyone and the good and the bad of gambling can also be for anyone. You can bet even 1 USD if you want, there are innumerable games that offer even quite large prices for that little stake (like many lottos) so people who do not really have much still can play from time to time as most will at least be able to afford a little like 5 dollars a week or even 1 dollar a week.

On the other side of the spectrum, no matter how rich you are if you bet beyond your means. There is always a limit for everyone.

The profile of someone who gets addicted to gaming is usually linked to other addiction in which you a very strong "high" when you win and it does not matter what you need to go through to get that "high". Everyone likes winning, but the typical human is very risk adverse. The gaming addict gets much more positive reinforcement from a small win that he or she gets from many losses. Along with that, they tend to have an inability to just stop when it is affecting their life.

Given Barcelona's track during the season, this was not only a good game worth of the historic derby for the year, but also an statement about the spirit of football and the teams that grow stronger under difficult circumstances and can deliver a good game when they really want to do so. It is even suspicious that Barca can actually play that well and is however flunking big time any chance of being in the top this year.

You at least got one thing right: it is all about not getting scammed and unfortunately that means that you may need to narrow your selection to only those houses that have been in the market for a while and have a good reputation in this forum or in other discussion forums. Reputation is key to choose, once you have a shortlist of sites you trust, just dedicate some time to find if they have the games you like most and, lastly, wait for a good offer or a special sale.

The Island sales have always been around, and there are a few dedicated sites as well for them:
https://www.privateislandsonline.com

It is only but normal that people with too much money too spend look for stuff like that, but I wonder how many of the buyers actually consider that owning an Island is not only an expensive purchase, but also something that you actually need to maintain. Even most of these Islands for sale do belong to countries, many are not precisely known for having a great security so your shopping list may look like:

- Buy island.
- Go to IKEA for furniture
- Hire a small army.

Makes perfect sense if you think of it. Typically, first home buyers are young people, depending on the country, it can from 20 to 30 years old, perhaps more in some places. This is mostly a profile in which at least 12% of people would have some crypto even in the early stages. It is a quite interesting fact still, as it depicts how a deflationary asset is used for only the things that actually matter most to people and on which it makes sense to spend some of the holdings.

There is not an embedded mechanism in the bitcoin network that would allow you to stake in the way you can stake some of the Alts, as the bitcoin network's safety is based on PoW. Any respectable thrid party will ask you for a KYC and it is certain that if you are to lend them, you will need to provide access to them either by deposit or keys. I am afraid that you would need to choose either a different crypto or accept KYC.

Under all these issues there is an underlying belief from Russia or at least a large part of the Russian people that the USSR was de-facto Russia controlling all the republics under an illusion of partial decentralisation and also that now, even though the USSR does not exist as such, countries such as Ukraine and other are still a satellites of Russia and their citizens have nothing to say on regards of how they are run and how they want to play their international relations. This is a wake up call for the despots.

it is never to late. It may take you years to convince yourself that there is something else than holding your cash and see it victim of the inflation year after year or buy a negative interest rate bond from the EU or go into fixed deposits that pay less than the (REAL) inflation out there. It is never to late to get into a savings plan, yet probably investing into crypto is not exactly a savings plan, but more of an speculative investment for the future.

As you say it, it sounds much worse than it really is. There are many funds out there that outperformed the SP500, even if you are speaking about the Total Return , that is, including dividends. The SP500 has performed greatly thanks to just a few companies (typically the FANGS), Microsoft and the like. Indexes in which these are particularly overweighed or any fund with bias to technology has outperformed the SP last year.

BTW, it is time to become a bit more defensive for the time coming.

Unsurprising since Germany was around a 6% recently and is the major driver of the economy on EU and most Europe. My thoughts about this revolve about the effect on bitcoin. On one side, inflation tends to be good for assets such as bitcoin that are scarce, but, on the other side, the governments may rise interest rates, even by just a little and that will have a strong negative effect.

There has been the usual bluff and hype on using blockchain for insurance. In my view, there is no real added value of blockchain to the simple use of traditional databases and documents. Insurance is quite a legal stuff that has already an extensive fintech behind and there is not that much to be done. Why would you need a trustless network or have a distributed database that is actually expensive to maintain?

Any project on this should very clear explain how savings or benefits are achieved.

Totalmente, es eso, aunque yo creo que tiene sentido como esta tambien que conste je je. Creo que cualquiera que se enfrente a esa situacion me entiende bien. El dinero u otros activos tiene un potencial de revalorizacion mas o menos limitado (accines en indices, algo de oro,...)

Warren Buffet siempre dice (otra cosa es lo que hace) que dejara a sus hijos "dinero suficiente para hacer lo que quieran, pero no suficiente para no hacer nada". A mi me gustaria dejar a mis hijos (digamos que hablo en teoria, por decir algo) lo suficiente para que nunca tengan que trabajar o hacer algo que no sea aquello que realmente quieren hacer y con la gente con quien quieren hacerlo.

En el mundo sajon (y mi desconocimiento me impide afirmar lo mismo del mundo hispano) existen desde hace mucho instrumentos financieros relativamente sofisticados para proteger los patrimonios familiares de hijos descarriados, cazafortunas y otras aves de carroña. Son los llamados "trusts" y las familias de alcurnia, o incluso de riqueza media alta los instituyen con frecuencia. Yo no quiero usar esos vehículos porque tienen excesivas fricciones y creo q son limitados.

Si alguien tiene interes en ver como funcionan aquí hay una descripción y como ejemplo quizás significativo el Rokerfeller Trust que ha mantenido la riqueza varias generaciones.