The online casinos want advertising.Social media influencers and streamers can provide them with traffic and eyeballs,so the casinos are paying for that advertising.Gambling with money that came from the casino doesn't seem unfair.Perhaps this is a requirement made by the casino.
The casino owner might say to the streamer "Look,we will pay you X amount of crypto/USD,but you have to bet a part of that money and broadcast yourself while gambling on our platform,otherwise there's no deal."
Is this unfair?No,if the casino is legit and the games are "probably fair" then I don't see a problem.
At the end of the day,gambling is all about luck,so competition doesn't matter than much.
The problem occurs,if the casino is doing sketchy stuff and the games are made up,so particular people could win.

One big problem of people's opinions about Bitcoin is that they are changing pretty fast.
One month the Bitcoin price does up and everyone suddenly thinks that Bitcoin is the best financial asset ever.The next month the Bitcoin price goes down and the FUD crowd appears out of nowhere,saying that Bitcoin is a scam,ponzi,a waste of money,creation of the CIA,fake money,a tool of the crypto whales to drain more money out of the poor investors,etc...
The only difference between 2021 and 2013/2014 is that way more people are aware about Bitcoin,but that's doesn't mean that they will put their money into BTC right away.

Op,your business model looks like selling shovels to gold diggers.
If you are so good at creating online casinos and providing gambling services,then why don't you just create an online casino at keep all the profits for yourself.
Selling there gambling/casino services to 100 different people means that another 100 online casinos will appear in the already saturated and extremely competitive gambling market.
Another thing is that most of those new online casinos will look similar or exactly the same.
What's the point?
Anyway,good luck with your business.Businessmen should always be respected,if they are truly honest and legit.

OP,are you suggesting that the concept of compound interest is a scam?
I think that compound interest is definitely not a scam,but can you tell me which bank or investment fund offers high enough compound interest,that is above the inflation rates.
The combination of negative interest rates and high inflation makes compound interest non existent.
Investing in assets like Bitcoin can make your wealth grow,but the risk is higher.
The bad thing about the crypto industry is that most crypto traders/investors became really inpatient and greedy.
They want big profits NOW!This is a wrong approach.

I think that most of the Bitcoin/cryptocurrency supporters are coming from the assumption that "banks are bad by default",which isn't always the case.Some banks provide better customer service than others.
Nobody said that Bitcoin is going to replace the banking system,in terms of lending and borrowing.
Bitcoin is supposed to replace the banking system is terms of where to store your money and how to be more financially independent.
Buying and HODLing BTC is way more profitable than having a bank deposit.
The second idea is that Bitcoin is better than central banks,because no human or entity is controlling the supply of Bitcoins.I agree with that statement,but that doesn't mean that Bitcoin is ever going to replace central banks.

We will have to wait for the next halving,in order to verify whether or not the halving pump still works.
If you ask me,there will always be a Bitcoin halving pump or a halving hype.The traders and investors are usually expecting the Bitcoin price to increase after a halving,so they are buying more BTC before the halving,which means the Bitcoin price will increase after the halving.This looks more like a self-fulfilling prophecy.
I don't think that there's a direct connection between the lower block reward and the higher Bitcoin price.

Yes,but it's way better for the crypto industry to be strictly regulated,rather than totally banned.
It's kinda sad that countries like El Salvador and Cuba are way ahead in terms of cryptocurrency adoption,compared to the developed countries in America,Europe and Asia.Underdeveloped countries seem way more "crypto friendly",while the developed countries remain kinda hostile towards the crypto world.
AFAIK,there are severe protests in Cuba and the economic situation on the island is pretty bad.
Maybe the communist government in Cuba is about to be dethroned.This will happen sooner or later.

I remember that Fenerbahce managed to reach the Champions league semi-finals a few years ago.
Galatasaray is the only Turkish team,that managed to win 2 European trophies-The UEFA cup in 2000 and the Europe super cup.


I don't really think that the Turkish teams will achieve any success in the European tournaments.
They have some good western players,but those western players are now old and far away from their best years.I also remember that Galatasaray and Fenerbahce have big debts and financial difficulties.
The Turkish football players are kinda mediocre.Maybe that's why the Turkish national team was one of the weakest on Euro 2020.

The fear of punishment drove this guy into returning the funds.
Having 600M USD worth of crypto is like having 600 million problems.Where to hide them?How to launder that amount?How to continue being completely anonymous?There are lots of questions and difficulties.
He is definitely not an ethical hacker.A true ethical hacker would never steal a large sum of money and return that sum.Ethical hackers usually contact the platform owners,when they find a security flaw.They don't just steal the coins.

Thanks for letting us know OP,but there are some things to take into consideration:
1.Is this the right forum to post this topic.
2.I have never heard anything about this Bilaxy crypto exchange.It must be some really small local crypto exchange,which doesn't have millions of users.Such small crypto trading platforms usually have very poor security.
I wonder why would anyone choose such platform,instead of the big and reputable crypto exchanges.Perhaps there are lower trading fees or maybe some bonus going on.

Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=710218
Current amount of posts (including this one): 6614
Amount of merit EARNED in the last 120 days:15
SegWit BTC Address for Payouts: 38jPybuqW9XqmKHEFvHyJNEUEaegP9fWe8

I usually don't post a lot in the gambling forum,since I don't gamble that much on crypto casinos,but I promise that I will make more HQ posts in the gambling forum,if you accept me.

Nope.Some mathematician from Romania actually discovered the secret strategy to win the lottery decades ago.He won the lottery multiple times.I don't remember the whole story,but the plan was to buy as much lottery tickets as possible and bet on different number combinations.
Anyway,this guy proves that life is a numbers game.You keep trying and you keep failing until you succeed.

I don't think that wisdom is the right term here.
I'm more cautious after I gamble.Being cautious is just common sense.I don't think that being cautious is wisdom.I'm not a die hard gambler and I would never bet big amounts of money/coins.I don't think that I will ever going to be successful in gambling.You can't make money out of gambling.The casino always wins in the long term.I just gamble for fun.

Every scarce resource or scarce financial asset is protected against inflation.
Inflation is the process of devaluation of fiat money.Scarce resources are protected against inflation,simply because their price measured in fiat money is going to increase,which means that fiat money are becoming less valuable,compared to a scarce asset like Bitcoin.


So you think that altcoins will somehow undermine or break the "protective power" of Bitcoin?Why?
Altcoins are altcoins and Bitcoin is Bitcoin.Most of the altcoins,which aren't scarce will lose their value slowly,some of them will keep their value,which is measured in fiat money and this means that they cannot resist inflation.
Bitcoin has nothing to do with this.

1.Please stop with the "What happens when all BTC are mined?" question.This question has been asked 1 million times on the forum.Asking the same question for the 100001st time doesn't add anything to the discussion.

2.What machines and what capacity?What are you talking about?Can you elaborate more on this?

3.Currently,the revenue of the BTC miners are the transaction fees+block rewards.
After all BTC are mined(2140),the block reward will become zero.

I don't have a crystal ball and I'm not a prophet,so I can't predict what will happen in 2140...

I don't think that Bitcoin and blockchain are completely separate concepts.Actually Bitcoin cannot exist without the blockchain,which means that Bitcoin is equal to blockchain.On the other hand,the blockchain can exist without Bitcoin and can be used for multiple things,like storing information(which isn't a very cost effective solution).
The OP is clearly exaggerating the influence of Bitcoin over the human civilization.I think that less than 5% of the global population is using Bitcoin/cryptocurrencies,which isn't a lot.Maybe Bitcoin/blockchain technology will have a significant impact over the human civilization in the next few decades.

I'm not an expert in this topic,but I think that Bitcoin ATMs can exist without any support coming from the banks.The main problem is the regulatory frame in most countries of the EU.
No business owner is going to invest hundreds of thousands dollars(or maybe millions) and face a possible ban after a few weeks.
Anyway,I'm not a big fan of the Bitcoin ATM business model.Bitcoin is created to be a truly digital online currency.There's no point of using ATMs.Using your smartphone or PC is way more convenient.

The price volatility of Bitcoin has nothing to do with the ideology of Bitcoin.
The main idea of Bitcoin is to be a currency or asset,which is out of the control of any central bank or authority.The scarcity/limited supply of Bitcoin means that nobody can create Bitcoins out of thin air and sell them on the market.The main ideology of Bitcoin is based upon mutual agreement,consensus and democracy not profits,greed,price volatility and opportunism.
Bitcoin will continue to exist as long as it serves it's main purposes-to be a decentralized store of value and a medium of exchange.

A financial asset can serve as a global reserve,only if it has a stable and predictable price.
This is the first requirement.I'm not going to discuss mass global adoption and the other requirements.
Does Bitcoin have a stable price?Nope...
It think that this discussion is pretty old and you didn't add anything new to the table.
Your theory is that Bitcoin will replace USD,only because it has scarcity.
Well,diamonds also have scarcity.Are diamonds accepted as a global reserve asset?Nope...

Let's simplify things a little bit.
To me,Scarcity+Utility=Value
I assume that all the Bitcoin haters think that the intrinsic value is the value of BTC,which remains,if we remove all market price volatility,price manipulation and hype around Bitcoin.
They think that:

Market price - Hype,volatility,inflation=Intrinsic value.

I don't know whether or not this is right or wrong.This just a theoretical debate.
By the way,not only options have intrinsic value.Businesses and Stocks also have an intrinsic value formula,but I don't want to get in depth,because I don't care.
From a strictly financial point of view,intrinsic value means all the future income,which an asset can bring to it's owner,minus the inflation.This is my explanation,it might be wrong.