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Craigslist has recently introduced a "crypto currency ok" tab to filter search results for cars and trucks offered for sale using their service. I think they also support some regions of africa, although I don't know if nigeria is supported.
There are concerns over a looming subprime car bubble in parts of the world. I imagine crypto will be more widely supported as a means of boosting car sales for dealers and manufacturers who could see sales plummet as consumers have increasing difficulty paying off car loans. Governments and the private sector could turn to bitcoin and crypto currencies in the future to ward off negative consequences associated with fiat overprinting. It could in turn boost retail support for bitcoin, we shall see.
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Here are some key points he brought up:
The dollar is backed by gold, the gold is the bareback of it. What is behind Bitcoin?
At one point, I think I lost because we value Bitcoin in Dollars. So, it's "backed" by dollar technically, even when we use Bitcoin to pay for something, it's calculated in $.
Bitcoin's core values are the following: Open source, censorship resistant, decentralized, peer-to-peer and verification of rules (everyone can be part and run a full node).
But here's the kicker that I have been thinking about since we talked: He believes the private/public sectors will adopt the Blockchain, the governments, businesses to further improve their systems. But it will NOT be an open Blockchain, rather a Centralized Private Blockchain. It will just be Database replaced with the word Blockchain, same principles. Non-censorship resistant and not open source.
I want to know what you guys' thoughts are on this. How would you counter these arguments? Let me know because this last thing has been bugging me the whole day!
I'm not certain the US dollar is backed by gold in the way people believe it is. There are many who claim the dollar has not been backed by gold since 1971 when dollars could no longer be redeemed for gold on a 1:1 basis. The price of bitcoin and crypto in US dollars could be labeled moreso an "exchange rate" than a form of backing. There could be a debate on this topic. Whether things like US dollars and bitcoin need to guarantee they can be redeemed for gold/dollars in order to be truly backed. One of the main advantages of blockchain could be its "trust less" design paradigm whereby it can achieve many of the same functions banks can with fewer workers and manpower being necessary to approve/disapprove transactions under a more "trust based" format. I think the concept of a private blockchain could be a real possibility although not necessarily a relevent one. There was a transparent website under Obama's administration which showed federal budgets and spending. No one cared enough to look @ it. That's the real issue with the economy, business and finance in this day and age. Everyone wants to have an opinion and no one wants to bother educating themselves or being informed which leads to virtually everyone supporting the wrong policies while refusing to learn from the mistakes of the past. |
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There are many gamblers who post on forums like this one: https://www.sportsbookreview.com/forum/Some there travel regularly to Vegas somewhat regularly and have a lot of experience(there is also a crypto currency sub section). I have seen people create their own forums or usergroups where they invited other gambling professionals to participate in the hope of gaining some advantage from it. It has never worked as far as I can tell. There are normally 1 or 2 people who are good @ gambling. Everyone else is unreliable most of the time and offer untrustworthy picks / advice. IMO its best if everyone makes their own selections and plays. In some cases feedback or 2nd opinions can actually diminish the quality of someone's game. Less could be more sometimes. |
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Gold is hedge against inflation and store of value. Gold protects people's wealth during wars, natural disasters/calamities, economic and technology crashes/crisis.
Gold is the safest investment because Central banks/governments buy Gold. Gold has seen world war 2, many wars, economic booms and crashes, technology revolution and crashes, 9/11 terrorist attacks and much more over the past 100 years.
In FOREX there is USD/EURO/GBP/Gold/Silver/CYN so gold and silver are traded against major/top currencies of the world. Economics.
I think the price of gold will increase due to the high demand for it with many central banks seeking to obtain more of it & hoarding the reserves they already have. Most nations overprinting fiat could also contribute to a spike in precious metals. Gold is @ a disadvantage to crypto currencies which are insulated from fiat hyperinflation and offer other advantages such as point and click shopping and transferral of funds which is much more userfriendly and possibly more secure against theft as well. Gold also isn't a viable option for those living in "gun free zones". Keeping 20 pounds of gold in your basement and not having some means of defending it against home invasions or robberies--could make bitcoin and crypto the modern day equivalent of what gold used to be. Before there were new innovations which allowed for the inflation protection of gold but also being mated to the convenience and ease of use whch crypto currencies provide. |
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I get a feeling the european union is money hungry and searching for ways to "boost revenues". Fining google $5 billion for "anti trust violations" was the best plan they could come up with.
There are far worse violators of anti trust than google who will never be fined. The entire concept of anti trust may have become somewhat obsolete with the advent of global markets. There is an imbalance in the way business is approached. Some nations file anti trust suits against their own local businesses which cripples their own economy. Other nations throw state support behind local business in an effort to grow them larger than rival nations.
The concept of local markets being regulated in terms of anti trust is something which hasn't seriously been pursued for decades. US lawmakers gave up on filing serious anti trust suits against microsoft from as far back as when Bill Gates was acting CEO.
Its only recently with governments becoming more desperate for cash that the "anti trust" issue has become a serious issue. And that is only because states desperately need money and have no other recourse.
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One of the main drivers of recessions in recent economic history (last 100 years) has been hoarding of cash. By removing money supply, real GDP decreases because prices are "sticky" and remain the same despite these changes in circulation.
Considering that Bitcoin has no new issuance, how can hoarding be handled correctly?
It might be fair to say "hoarding of cash" is an attempt to rationalize declines in consumer spending. If spending by consumers decreases, economists explain this by saying "consumers are hoarding their money". One way this might be tested is by looking at personal savings. If consumers are hoarding cash, personal savings rates should increase. Looking @ economic data is this the trend we see? Does the reduction in consumer spending correlate with increased personal savings? Another explanation for decreases in consumer spending are increases in personal debt -- credit card debt, car debt, home debt, student loan debt. Of course, this is an explanation that is unfavorable as it could hint @ recession or a stagnant economy in the future with consumers being too burdened by debt to spend and generate economic growth. |
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"decline in oil prices" such as the official explanation for Venezuela and the death of the bolivar economy.
Do you think this affects the economy of every country?
In my country now, food prices go up high. Everyone complained.
I think it affects the economies of most countries. Most are attempting to print fiat, raise taxes and spend their way out of deficit and debt rather than seeking ways to budget more efficiently or responsibly. Overprinting fiat is one aspect of increasing food prices. I tried to cover that one in the previous post. Water scarcity and drought is another key aspect. That one is defined in terms of deforestation. Plants and trees pull water up from the soil through their roots. Water is then evaporated into the atmosphere through their leaves. This process generates a substantial amount of native rainfall inland. Deforestation cuts down on the amount of water evaporated in the air, which in turn produces drought and causes water scarcity. This in turn produces higher food prices as the cost per gallon price of water inflates. There is scientific evidence for this happening in brazil due to amazon rainforest deforestation, et al. |
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Digital Laundry: how credit card thieves use free-to-play apps to launder their ill-gotten gains"If you have ever played a free-to-play game you know that most of them require resources of one type or another to play. Whether it be gems, gold, power ups, or other, these resources are required to advance within the game, making them critical to the game play. Manually gathering the free resources is a slow process and one can play a game for months working to move up levels. This is where the game makers make their money. They sell resources through “In-App Purchases” to help people play the game and speed up the game play. The lure of speeding up your play is a strong incentive to spend money on resources, and many spend to play. This has turned free-to-play games into a multi-billion dollar industry. The resources even maintain value after purchase, because in many cases, once bought, they can be traded, adding to the game play. The game itself can also be transferred from one account to another. Because of this, resources gathered or bought and games built to advanced levels can also be resold. It is the selling of these on third party markets that holds the door open to the illicit activity that we found taking place. Alexander Kernishniuk, Communications director, Kromtech: "Money laundering through the Apple AppStore or Google Play isn’t a new idea and has been done before. In the 2011 the Danish part of the Apple App Store was flooded with expensive suspicious applications. More than 20 out of 25 of the most downloaded applications were from China. The price of the apps ranged from $50-$100. For example, one of them “LettersTeach”, was intended for children who are learning English letters, yet it cost nearly $78. This pointed to money laundering then, however, what we encountered now is much more sophisticated.What did we find? Following our MongoDB investigations and honey pots deployments from the beginning of this year, we did another round of security audit of unprotected MongoDB instances. In June 2018 we have spotted a strange database publicly exposed to the public internet (no password / login required) along with a large number of credit card numbers and personal information inside. As we examined the database we rapidly became aware that this was not your ordinary corporate database, this database appeared to belong to credit card thieves (commonly known as carders) and that it was relatively new, only a few months old. So we dug much deeper.
It appeared to be a group of malicious actors with a complex automated system utilizing free-to-play apps, third party game and resource resale websites, and Facebook to launder money from stolen credit cards.In one of the tables we found links to Facebook accounts. From those accounts we found links to a Facebook page in Vietnamese advertising a special “tool” , which was also only a few months old. We have detailed the evidence of this active, automated system in a report sent to DOJ. According to our estimation, system processed approximately 20,000 stolen credit cards in just 1.5 months (from the end of April 2018 to mid June 2018).(More detailed information @ source) https://kromtech.com/blog/security-center/digital-laundry .... I think this illustrates the de facto methodology criminals utilize to launder money. Terrorists, criminals and drug cartels do not commonly use bitcoin to launder money, as far as I know. Instead they use facebook and the apple store.  This is nothing new. I remember reading many news stories like this one over the last 5-10 years which do not receive much publicity. Creating a fake app and "purchasing/selling" it is the most common and heavily utilized method to launder funds over the internet. This method is much less transparent and difficult to trace than utilizing a crypto currency like bitcoin. |
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I'll have to read up a bit on what quantum computing is. I get that it could obliterate bitcoin's security, but the posts here that I've read seem to suggest that it's not going to be achieved. Good breakdown on the current state of quantum computing: https://www.youtube.com/watch?v=6yaY4Fw-ovMI think quantum computing is like... flying cars, fusion energy and self driving cars. There has been hype for those things but they never truly materialized and perhaps never will. In the case of quantum computing the biggest obstacle could be the lack of a blueprint or even a general concept of how to build one. As far as I know the theory doesn't exist beyond a vaporware development phase where there's a vague idea of how it might work but no one has fleshed out the details in a way for exactly how it might be built. Also: $1 billion isn't a hell of a lot for a government to be spending on a project if I'm not mistaken. I do agree that some programs tend toward wasted money, but this project actually doesn't sound like that. Sound like it could really be useful. After the affordable care act was passed, the US government built a healthcare website to allow sign ups online. The cost of that website was $1 billion. The website didn't work properly and I think more funds needed to be allocated for it to have full functionality. Hopefully things won't be that bad this time around. |
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The monetary crisis is a condition of worsening financial condition of a country over a period of time and is characterized by a decline in the national currency exchange rate against the international currency and skyrocketing prices in the market and the decline in global economic activity.
Is your country experiencing a monetary crisis? Bolded. A "decline in the national currency exchange rate against international currency and skyrocketing prices" is 100% attributable to nations overprinting fiat currency in an attempt to tax and spend their way out of debt. This is most visible in venezuela where state overprinting continues to devalue the bolivar. But it is also evident in turkey, argentina and other nations where the currency is devaluing @ a great rate despite there being no major influence from "declining oil prices" as is the official explanation for venezuela and the bolivar's economic demise. Overprinting fiat devalues it. This creates the typical modern economic crisis whereby price and liability growth exceeds the ability of consumers to afford basic necessities. |
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Following new last week that billionaire investor Steven Cohen was said to have put money into a hedge fund focusing on crypto, Bitcoin et al. are extending gains today following headlines that BlackRock has formed a team to look into ways to take advantage of the cryptocurrency market and blockchain. In the last week we have seen the owner of Switzerland’s securities exchange in Zurich say it’s creating a platform for trading digital assets. Then, according to Fortune, none other than billionaire Steve Cohen has decided to join the bitcoin party and has invested in a Autonomous Partners, a relatively new hedge fund that is acquiring both cryptocurrencies and blockchain-related companies.So the big question is - Is the institutional investor finally ready to join the crypto party? https://www.zerohedge.com/news/2018-07-16/bitcoin-bounces-back-above-6500-after-blackrock-creates-crypto-team .... Here is one explanation for bitcoin's rise above $6500 that I've seen. Are there other events or circumstances which could explain the recent price appreciation we've witnessed? Do you think this latest rise in bitcoin price will be sustained or are we witnessing a so called "dead cat bounce" where price hikes will be negligible over the long term? I still suspect the value of bitcoin is being pushed down via market manipulation (and perhaps institutional investors) although I still have no solid evidence for this. It should be mentioned that pushing the price down and scaring HODLers into selling could be the best strategy to create an accumulation stage where institutional investors are able to "buy in" before the next pump and dump phase. Anyways does anyone have an idea as to what is going on here?  I know that information is completely inaccurate, and all the things you read are fake, the information is given when the bitcoin price increases to us FOMO and buy bitcoin. This is very risky for us when dealing because sharks will be able to discharge at any time. Accurate information https://www.bloomberg.com/news/articles/2018-07-16/blackrock-s-fink-says-clients-have-zero-interest-in-cryptoSome of the information appears accurate.  This for example: Hedge fund billionaire Steve Cohen is joining the Bitcoin party.
Cohen Private Ventures, which was launched by Cohen’s family office in 2010, has invested Autonomous Partners, a new hedge fund that is acquiring both cryptocurrencies and equity in blockchain-related companies.Autonomous Partners, led by early cryptocurrency believer and venture capitalist Arianna Simpson, launched in December and includes funding in the low eight digits from investors such as Coinbase CEO Brian Armstrong, Union Square Ventures, and Craft Ventures. “I’ve only brought on partners that I think can be very much value-add beyond their capital,” Simpson told Fortune. http://fortune.com/2018/07/12/steven-cohens-bitcoin-crypto-autonomous-partners/ The news article where blackrock claimed clients have zero interest in crypto currencies could be false. I think goldman sachs and other banks polled their client base on crypto currency interest 2017-2018. Goldman sachs may have bought poloniex crypto exchange via circle shortly thereafter. We've also seen robinhood financial exchange gain an estimated 1 million plus new users after announcing crypto support. For an investment firm like blackrock to claim there is "zero interest" in crypto currencies which are the hottest investment vehicles the world has seen in a long time. That could be fake news. |
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It turns out quantum computing is one of the few things US politicians can agree on. A bipartisan effort over the past few months has led to the formation of an Office of Science and Technology Policy (OSTP) subcommittee focused on quantum technology. The big idea: Bills introduced in the House and Senate, by both Republicans and Democrats, last month seek to establish government support and funding for quantum computing research. The OSTP subcommittee will oversee these efforts. Government spending on quantum computing research has been budgeted in excess of $1.2 billion, not counting Department of Defense and DARPA projects.Why should we care: The government didn’t move this quickly to approve budgetary line items last year when a similar bipartisan effort to form an artificial intelligence subcommittee played out, but there’s a clear and present danger to national security when it comes to quantum computing.Experts believe that quantum computing technology will soon be able to crack classical encryption. The moment this becomes possible, referred to as “Q-day,” every encrypted system on the planet will be vulnerable.The US government is certainly aware of China‘s ambition to lead the world in quantum technology, as is evident in the nation’s many recent breakthroughs in the field. The end game: It’s unclear whether $1.2 billion over 10 years, as has been reported, will be enough for the US to keep its lead in quantum computing technology. While US-based companies are clearly out in front, those in China tend to have a more transparent relationship with the government. If the Trump administration wants to signal that it’s serious about defending the US against technological threats, it should consider filling the dozens of vacant seats in its science and technology offices. At a bare minimum the White House should appoint a chief science advisor, because right now those duties are being handled by Michael Kratsios, a guy whose “science” degree is in political science. https://thenextweb.com/politics/2018/07/09/white-house-earmarks-over-1b-for-quantum-technology-research/.... If a true quantum computer were ever developed it could have serious implications for crypto currencies which rely upon sub-quantum level encryption for security purposes. Luckily for us, large centralized governments have historically shown themselves to be inefficient and ineffective in managing these types of projects. There's a pervasive mentality of "throwing large sums of money at problems" which in turn typically leads to rampant nepotism and catering to special interests within a profiteering vein rather than effective management of resources or responsible budgeting. Real breakthroughs in technology like the "EM Drive" which the media credits NASA for "developing" despite them having played no role in it typically come from small and independent researchers. Large governments like china typically do not create their own value--they do not develop things like quantum computing technology on their own, although they are good at stealing technology from others. Apologies if I sound biased here. Perhaps my views are a bit outdated? Would be interested to hear about that. |
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Following new last week that billionaire investor Steven Cohen was said to have put money into a hedge fund focusing on crypto, Bitcoin et al. are extending gains today following headlines that BlackRock has formed a team to look into ways to take advantage of the cryptocurrency market and blockchain. In the last week we have seen the owner of Switzerland’s securities exchange in Zurich say it’s creating a platform for trading digital assets. Then, according to Fortune, none other than billionaire Steve Cohen has decided to join the bitcoin party and has invested in a Autonomous Partners, a relatively new hedge fund that is acquiring both cryptocurrencies and blockchain-related companies. And now, as Financial News reports, the world's largest asset manager will examine whether the manager of $6.3 trillion of assets should invest in Bitcoin futures. It is also reportedly reviewing what competitors are doing with cryptocurrencies and how it would affect its business. Notably, the formation of the team marks a change for the company after CEO Larry Fink said in October cryptocurrencies are a speculative platform in Asia and heavily used for money laundering. He has also said Bitcoin and other cryptocurrencies were “far from” being an opportunity for institutional investors, and none of BlackRock’s clients wanted to invest in it, according to Financial News. And all of this comes after JPMorgan, Fidelity, and CME among others have stepped into the crypto mix. Bitcoin has spiked back above $6500, back at one-week highs...  And the rest of the crypto space is rising also - led by Bitcoin Cash...  So the big question is - Is the institutional investor finally ready to join the crypto party? https://www.zerohedge.com/news/2018-07-16/bitcoin-bounces-back-above-6500-after-blackrock-creates-crypto-team.... Here is one explanation for bitcoin's rise above $6500 that I've seen. Are there other events or circumstances which could explain the recent price appreciation we've witnessed? Do you think this latest rise in bitcoin price will be sustained or are we witnessing a so called "dead cat bounce" where price hikes will be negligible over the long term? I still suspect the value of bitcoin is being pushed down via market manipulation (and perhaps institutional investors) although I still have no solid evidence for this. It should be mentioned that pushing the price down and scaring HODLers into selling could be the best strategy to create an accumulation stage where institutional investors are able to "buy in" before the next pump and dump phase. Anyways does anyone have an idea as to what is going on here? |
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Despite Bitcoin’s 2018 price slump, the dominant cryptocurrency’s hash rate continues to surge at an astonishing pace. Although the value of Bitcoin has decreased by 53% since January 1st, 2018, the hash rate has increased 155% in the same time period.
The continued growth in hash power demonstrates a strong, continued belief in Bitcoin by miners worldwide and may foreshadow a hidden bullish trend.While both Bitcoin’s price(green) and Bitcoin’s hash rate(blue) grew in 2017, the hash rate has continued to grow in 2018 while the price has dropped. Hash Rate Explained In simple terms, mining is the process of running complex calculations in search of a specific number. In a race to find the number first, mining hardware is used to run through as many calculations possible to secure the block reward, currently at 12.5 BTC per block. The current hash rate of BTC is 38 EH/s which is 38,000,000,000,000,000,000 h/s or 38 billion trillion hashes per second. Each calculation attempt to solve the computation is known as a “hash” and the “hash rate” is computed in hashes per second(h/s). ASICs (application specific integrated circuits) have become the sole mining hardware used to mine Bitcoin due to their increased hash rate ability and higher energy efficiency. One ASIC has a mining power of approximately 12 tera-hashes per second. For comparison, in 2013, the total hash rate of the Bitcoin network on April 29, 2013, was 79.02 Th/s. Growing Number of Miners The hash rate of Bitcoin continues to hike at a rapid pace, indicating a growing number of Bitcoin miners. So far in 2018, it has grown 155%, from 15.04 Eh/s to 38.43 Eh/s. One possible explanation for the increase in hash rate is Bitcoin’s value. Although Bitcoin has lost a lot of value in 2018, the block reward of 12.5 Bitcoin is still worth over $78,000 today. At Bitcoin’s peak, a single block was worth almost a quarter million dollars and miners may view the current market as a way to accumulate more Bitcoin at lower prices. Another possibility explaining the increase in hash rate could be upcoming Bitcoin “halvening,” estimated to occur around May 25, 2020. With the reward set to decrease from 12.5 BTC per block to 6.25 per block, miners may be trying to accumulate as much Bitcoin possible, before difficulty further increases and rewards decrease. The price of BTC at the time of the last two halvenings were $660 and $12 in 2016 and 2012, respectively. One interesting thing to note in the increase of hash rate is the contribution of hash power outside of the world’s biggest mining pools. This is beneficial to the Bitcoin network as it makes the power of mining less concentrated.
Overall, it is a positive sign that miners continue to demonstrate their support for Bitcoin through the increasing growth of hash rate. Instead of abandoning Bitcoin to mine other cryptocurrencies, they persist and strengthen the Bitcoin network.It will certainly be interesting to see if the conviction of miners is ultimately worthwhile and Bitcoin makes the run that bulls anxiously await. https://cryptoslate.com/bitcoin-hash-rate-rapidly-growing-despite-price/ .... The source article has graphs and tables which better illustrate some of its points. Question: Does bitcoin's hash rate rising rapidly mean the price of bitcoin should rise as well via correlation? I can't remember this topic being brought up, before. Its difficult to find accurate metrics and statistics on crypto currencies due to much of the critical data being based on polls rather than real world numbers. It would seem that bitcoin's hash rate and user base are both growing at a good pace while the price is declining under circumstances where it should be increasing under heightened demand. What we could have here are indications of market manipulation being utilized in an effort to push bitcoin's price down in a scenario where economic and market fundamentals dictate the price of bitcoin should be appreciating in value. |
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Most nations are furiously overprinting fiat currencies which generates greater than 10% inflation. The media has diverted away from this in claiming that "declining oil prices" are responsible as in the case of venezuela. They do not want the general public to be be aware of how overprinting fiat contributes towards high inflation which in turn promotes economic dysfunction and ultimately: failure.
Rather than economies being structured around sound economic principle or good policy, most are structured around high risk/high debt profit models which contribute towards low stability. Regulators are typically bought out and look the other way on key issues. There aren't many reliable or moral individuals in positions of influence or authority willing to be whistleblowers or raise awareness on important topics. The way society is structured there is no benefit given to raising awareness on topics that are really important, while there is a plethora of negative sentiment typically directed @ people who engage in this practice. And so virtually no one bothers to do it.
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I'm interested in whether the class action lawsuit filed against bitcoin.com and Roger Ver will have a negative effect on bitcoin cash's price.
There is an interesting paradox present where the price of bitcoin declines in a perhaps exaggerated fashion after an exchange is hacked while the price of bitcoin cash doesn't appear to move at all despite Roger Ver being sued by multiple parties upset about bitcoin.com misleading consumers wanting to purchase bitcoin into buying bitcoin cash instead. There could also be a paradox present where negative news about coinbase, bitcoin cash and others is swept under a rug and ignored while negative stories about other crypto currencies and parties is broadcasted far and wide.
Unless bitcoin cash is developing its own versions of segwit, lightning network and other bitcoin upgrades, the idea of bcc surpassing the value of bitcoin could also be a paradox.
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Globalization is a process of interaction, integration between people from one country to another, they exchange information on trade business, product market on goods, food item, utilities, even technology for manufacturing and production. That's one theory of globalization. I think globalization in the real world implies when a nation like the UK joins a globalist movement like the (EU) european union, the UK loses a significant degree of its independence, individuality and freedom. On some level UK residents recognize this and so this is how #brexit came to be supported. Likewise with the catalan independence movement & similar trends around the world. The only ones who bother with buzzwords in the pro globalist mandate, that care about terms like "integration, information sharing on products, consumers, utilities and technology" are wealthy demographics. What that describes is how facebook, twitter and other entities share your personal information without your consent. Those terms do not describe things the average person will see any benefit from. |
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I think these two are different. Globalization is not about having the same government. This could be described as Unitazation (European Union, United States of America etc). You cannot say that Americans are globalized in their country. They need China, EU, Canada to interact and eventually be globalized.
Globalization is about giving the same opportunities to everyone by eliminating inequalities among people. This is something like decentralization and promoted by democracy. Hey, thanks for the reply. I'll try to elaborate more on my stance, here. Giving people opportunities and eliminating inequalities are two things I strongly support. The best way to make this happen is for there to be healthy competition between states and nations. If a country like the united states is unable to pass legislation such as drug decriminalization, gay marriage or crypto legalization. It helps to have competing nations who are independent enough to pass these laws to show that they can be viable and perhaps have some positive implications. It might be said that globalization is when multiple nations adopt the same policies within a centralized format, without them having the independence to differ from each other. The european union could be considered a pro globalist movement. Every country in the EU is expected to be united and agree with each other on everything. This reduces the opportunities people have and creates inequality. While creating a heavily centralized format. Anyways that's my opinion. This is a topic I wish people would discuss more. Unfortunately I don't think many of us have the time. |
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It might be said: globalization is merely a synonym for centralization.
Centralization's end game could consist of monopolies in the private sector and totalitarianism on the state side of things. It could be something that is pursued primarily as a means of control for that collection of elites who push agendas in politics and society.
Things like one world governments and one world currencies which represent end products of globalization, could be promoted in order to limit the choices, rights and freedom people have. Its much easier for special interest demographics to infiltrate and control a single government than it is for them to control a number of different governments across the world. These could represent reasons why things like globalization, one world governments and one world currencies are pushed from an agenda based perspective.
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The most famous and wealthy sports picker I know of is "Vegas Dave" aka Dave Oancea. I follow him on social media. All of his content is him in cabo with tons of women in bikinis, driving expensive luxury cars, living what looks like an expensive and high profile lifestyle. At the upper end of the sports picker spectrum, there could actually be people bringing in decent income.
As far as mixed martial arts goes, many of the "pay for betting picks" gurus have poor reputations. I can't comment on baseball, football, tennis or any sports pickers. I think the industry is probably corrupt and dysfunctional to a degree.
I'm thinking of starting my own "sports picker" service at some point. There definitely wouldn't be the high volume in sports picks some are used to seeing. Lower volume could be correlated with greater accuracy in terms of someone selecting only those plays which appear valid. I have good results picking MMA fights sometimes, which could translate to something worth pursuing.
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