I strongly agree.

The increase rate of covid-19 cases didn't decline with all the health protocols imposed and despite that there are many people that are already vaccinated. The recorded cases were still going up each day and the death recorded in most countries is continuously spiking each day. It's very alarming that despite all these, covid-19 still spreads so fast and infects many people all over the globe.

The virus is mutating and we are really running out of time to combat it. Recently, the Lambda variant is discovered. The level and variant of the covid-19 virus is rapidly increasing. The severity of its effect to one's health and how contagious it is is also changing quickly. The vaccines made were supposedly to combat the original variant of covid-19, but right now there are so many variants that have been arising. I don't know if the vaccines are even effective against it like what they claim it to be because the numbers don't lie, right?

I just hope that we'll overcome this pandemic as soon as possible. Hopefully, the scientists will also come up with new ways that are really effective and good for the long run.

Pi is indeed becoming trending nowadays. I'm also from the Philippines and I've seen so many posts regarding pi network application. Pi network has garnered millions of users now because of referral method. The estimated mainnet is on the last quarter of this year, to be specific on December 2021. They have their own facebook group about pi mining and referrals.

This application requires KYC. A valid ID and certain verification is required in order to make an account. Email verification and phone verification are of important to mine pi. I must say this is very risky because your identity and private information are at stake. You are not even assured if the security of pi network is strong enough to prevent hacking that could lead to identity leak and theft later on. In this case, you mentioned that a leakage recently happen and the information leaked were mostly associated with pi network. With this, you will find the authenticity of pi very doubtful.

Pi network has no open source code. It isn't launched in blockchain which is sketchy because most crypto is built on it. The only thing that the pi miners are trusting is the college degree of the founders of pi network because the founders are graduates of Stanford University and they have PhD. IMO, while degree is a good factor to background check, it isn't an assurance that the project they have made isn't a scam.

The real mining needs mining rig and mining softwares. While it is possible to mine using mobile phones, it isn't effective that much compared to mining using mining rigs. In pi, they "mine" by simply logging in and tapping the app a day. It's so easy that you can mine 3 pi a day.

Now, my point is this. If this pi network is legit like most people claim it to be. Where will the founders get the fund allocation for every mined pi by its mainnet launched? As of now, pi has already 23 million users. If each user has the average of 300 pi each and its market value is predicted to be priced at $100, the total value would be $600,900,000,000 all in all. How many investors will be needed in order to fulfill that amount? Will there ever be an investor considering that this cryptocurrency worth is nothing at the present?

If you'll compare the market cap of the top cryptocurrency coins, the predicted market cap of pi is insane - too good to be true. You can mine as much as you want, refer people and be rewarded with incentive worth $100 a pi? Sounds a scam to me.

I strongly agree with you.

The best option is prevention, because gambling is much dangerous than it looks. Others says it's fun but it's not, once you bit the bait, there's only high chance of getting addicted rather than quitting instantly after you feel agitated losing your money. That's why it's better not to test your curiosity towards gambling because it might you to a rabbit hole where you won't be able to get out because of your addiction.

There's two different solution for two different types of people.

(1) A rich person reason in playing gambling is for fun, mostly. They seek different kinds of entertainment to burn their money because they don't know anymore where to spend it, and losing it on gambling won't even hurt them anyways. So the solution for them is to make them realize that their money could have a better purpose, like donating to charities and helping those people that are on the lowest level of society.

(2) An average person would most likely play gambling because of 50% for entertainment and 50% to gain money, which most often gets dominated by the latter and ended up losing money instead of gaining some. So the solution for them is to make them realize that there's a lot of safer way to earn money while having entertainment aside from gambling. Although, that's the hard part, convincing them that there's a way, it's gonna take a lot of process but that's the only way for them to quit Gambling.

If bitcoin would be mass adopted by most countries, it would act like a currency itself that can be used for transactions. Bitcoin being one of the modes of payment will be a fulfillment of its intended purpose because it was made to be a currency in the first place and not really a form of investment. Although soon after it was marketed, it became an investment vehicle for most people because it has shown the potential that no other coins exhibited. To add, it is also not prone to inflation unlike with fiat which enticed most investors to make it a store of value.

Using it in everyday scenarios could possibly happen and I think people wouldn't opt to spend it on anything that they could buy with fiat (only if bitcoin would retain its volatility). Like what you said when they know its value would increase soon after, why would they spend it with something they can buy with physical money the moment they exchanged their btc with fiat?

However, when this time comes, I think the volatility of bitcoin would lessen compared to the time people are just holding it. If the time comes that bitcoin could be used in daily transactions such as buying groceries, I guess this will be the time that the value of bitcoin would be more stable. Its price unpredictability will decrease. The gap between the pump and dump positions wouldn't be that massive and it would function as a normal currency there is, except it is decentralized and scarce.

Valid point.

Dictatorial countries will really cause a big problem to the cryptocurrency's nature because we all know that dictatorship requires being under the surveillance of the government in any way possible. Everything is under the hands of the government to decide what will happen, how it should behave, and how it will be offered to the citizens. With this, strict regulation of cryptocurrency will surely take place under a dictatorial regime. This will just nullify the decentralized nature of crypto.

On the other hand, I also agree that aside from the dictatorial regime, other forms of government can also have a big impact on crypto. If the government cannot handle financial responsibility well, they would opt to be on either side of the coin. Whichever is convenient and fit for their interests, they would side on it. In this instance, the government of Nigeria decided to ban it last February despite it being second in trading overall. In this case, maybe the government of Nigeria is trying to control something. They want to regulate crypto or their want to tax it to get something from it, hence, the act of banning it to let the citizen know they need to impose something in exchange for something.

I don't really think this will happen. It is too ideal, to begin with.

I have a question. If you belong to the government, would you invest in something knowing that it is volatile? I think not. It has a low probability that the government would invest in something with a value that is highly volatile because the funds will be at a very big risk. When the market crashes, their funds will be compromised as well. Hence, why would they pick bitcoin to be a reserve asset?

In addition, the decentralized nature of bitcoin is non-negotiable for them. They can't control it because it is their nature in the first place. No matter how hard they try to regulate it, they can't totally erase the decentralized nature of bitcoin. They can't manipulate it and they can't just produce it and print it like what they usually do with fiat such as dollar whenever things go haywire. And they don't want that. The government loves to take control and take over almost everything, hence bitcoin and any cryptocurrency will be the last on their list if ever they will try to replace US dollars in global reserve.

I don't think there is any miner aside from Satoshi (maybe) that hasn't sold their bitcoin starting from its mining campaign up until today. What I know for sure is there are still many miners before that have held a portion of the mined bitcoin because of investment reasons. I think most miners have already sold some of their bitcoin way back for their necessities such as paying bills, rent, food, clothing, and other stuff they need and want. It wasn't really a bad decision after all because they have experienced and enjoyed the fruit of their labor and patience during the mining days. Although it would be unfortunate if a miner already sold and used all his mined bitcoin since its value now skyrocketed compared to its initial release. However, it isn't too late after all, they can still buy and invest right now, but it would surely cost them a lot because bitcoin has a high value now compared to the time they got it for free by mining alone.

Bitcoin has the highest level of trust because it has already withstood the test of time and it has high security amongst all the coins in the market which makes it impossible to decrypt or hack. It also has a limited count in the market circulation, making it have a higher value as time passes. Investors trust Bitcoin so much because they know that bitcoin will never let them down in the future. They know that bitcoin is a safe place to store their funds while they do not need it yet. Hence, a lot are investing in it, making it a very popular coin with the highest level of trust in the whole cryptocurrency community.

It's a great list you provided here for additional knowledge, mate. Thanks for sharing this, much appreciated.

I know there are really a lot of risks when it comes to investing. Risks are present in any decision you will make and execute. Bitcoin investment also possesses those risks like what other investment vehicles have. Everyone must know that investing is really risky and it's going to be a lot risker when you enter it without enough knowledge about it. However, you can always minimize it by proper research before diving into it. Now, if you are uncomfortable with other risks it has, then maybe you have to find another investment that you could have whole peace of mind. Risk is always present, you can just make ways to lessen the chance of you falling onto the losing end.

People keep on eyeing bitcoin because they know its potential and they trust it will have a higher value in the future. I am one of those people that believe so much in what bitcoin has to offer in the present and in the future. Bitcoin has already proven its strength over the years now. It has shown its potential and it has already withstood the test of times which most currencies fail to do so, hence the latter often die out later. Bitcoin survived all the bad things thrown at its way such as it being associated with schemes and scams which is definitely false, but often heard and seen most especially in mainstream media.

In addition, the bitcoin count in circulation is limited. This coin is very scarce that is why it is safe to inflation like most people say, just like with gold. Hence, its value tends to go up and up as time passes by. There are also many investors entering and putting their funds on bitcoin which makes the demand higher that leads to bitcoins value to pump. I totally understand people that want to invest as much as they can in bitcoin because it is a safe haven for storing funds, what can you ever ask for right? However, also be reminded that bitcoin isn't a get-rich-quick-scheme like most people assume. This type of investment requires vast knowledge and capital, of course, to be able to start. So, like any investment vehicle, always invest at your own risk. Risk only what you can afford to lose so you won't lose your mind the moment unfortunate events happen.

This has happened several times already. Only that, the hacker before returned back to the company everything he had stolen. I guess the main reason why these hackers are doing this is that they want to expose the weakest side of the security of the company in order for them to be more cautious next time. Maybe what they want is to let these big companies know that they still have their vulnerable points in terms of security and the security team shouldn't be complacent as it would put the whole company at great risk and unfortunate situations such as huge losses.

This also happened before in our alma mater, a group of hackers exposed the records of the student but also took down the post a moment after. They released a statement that they did it not to harm anyone, but to remind the administration to strengthen the security measures or else, the records will be compromised the time hacking really happens to exploit the personal information of the whole studentry and faculty.

Nonetheless, I really do hope that they learned their lessons well, and may this scenario urge them to have stronger security measures and protocols with timely updates to avoid untoward situations like this from happening again. And hopefully, the hacker/s would return everything to the company because the common people are the usual ones who invested and therefore, are affected by the hacking incident.

This pandemic indeed urged everyone to adjust to the unforeseen impact of the covid-19 virus outbreak. A lot of people are forced to used digital modes of payment for their transactions because of the safety protocols imposed by the government. Most services and products offered most especially during the peak of the pandemic require a cashless method. People have to use their e-wallets or digital banks in order to pay for something. Contactless mode of transaction became a thing and is still continually used until today that safety measures have been slowly lifted.

While I agree with what you have in mind, I still think that we are still far from switching to a total cashless world. Fiat has been existing since time immemorial. It wouldn't be that fact to wipe it out and replace it with digital currencies. I think years from now, the digital currencies and fiat will continue to coexist in harmony like what it is today at the present. Going totally cashless and being digital/e-wallet inclined will take a long time to happen but certainly not impossible. But before this, they must first address all the issues and concerns existing by using digital payment (processing time, transaction fee, system errors, floating fund, etc) so that people will be encouraged to use it more in the future.

This is great input coming from a Ukrainian citizen himself. I can say that Ukrainians are indeed fortunate by having government and state officials that are in favor of cryptocurrency because most often, the government sector and central organization in a particular nation isn't really very supportive and do not promote the usage of cryptocurrency with the reason that the country has fiat, to begin with. I think it has a nice benefit especially to the mental health of the crypto users since they don't have to worry that much compared to other countries' citizens. Hopefully, this scenario will also happen in other countries around the globe. Buying, selling, trading, and investing in crypto at ease is such a dream. In addition, the adoption of it in establishments and stores as a mode of payment is also an advantage.

That's still illegal, as per their ToS. Anyone who is below 18 years old are not allowed to play the game, his axie team could be banned if someone will report it, so the better play on it is let his parent plays it. It is easy to play and anyone could understand it pretty quickly after watching some YouTube videos on how to play efficiently.

If he is a 18 year old kid, I would say that what he did was pretty impressive because not all of the kids thinks practically, the are more of a happy go lucky all the time.

That's why gambling is addicting, it's fun but at the same time, gambling is addicting because of someone's choice to be addicted on it.

The best way to win I guess but so risky enough is to bet it all out in just one game, but of course betting all in one shot means that you're prepared for that game, like you researched everything you have to know to 80% predict the team that's going to win. If not, you have to go for the slowly bur surely process until you are familiarize with everything.

Staking would be only good if you have a big amount of funds to deposit in a gambling site which supports it. Also, why choose gambling site if there's a lot of exchangers offering such thing, in my opinion. Staking is a passive income but it is for long term if you don't want to do anything but wait until you meet the price for you to sell your cryptocurrency.

You'll never see gambling as an entertainment unless you're a very wealthy man, that's the truth. Automatically those normal people who play gambling would always be after the profit, they do gambling as a living, that's why gambling also makes a living on them. But we never blame the gambling sites, instead we should blame ourselves, or none at all because what we are doing (keep on trying) means we still do hope we could make a living.

Yes, it's half good and half bad depending on someone's situation.

It wouldn't be a problem for those wealthy people to invest in bitcoin with a price higher than what it was originally, let's say 6 years ago because they have the money to spend in the first place. It won't hurt their pocket if bitcoin's price will increase by like 200,000 dollars because most of the time, this is just a little amount for them (I'm pertaining to those big personalities that have so much to spare). Maybe the reason why they aren't still buying bitcoin and other cryptocurrencies is that they are still observing and waiting for the time crypto will be more regulated compared to what it is right now and the time it will be more stable and much safer to invest in, and the time it will be adopted by more establishments and companies. Surely, these people have their reasons. A good go signal that they are waiting for will definitely be their key to invest in btc in no time.

I am this kind of person too.

Renting or loaning are the only options someone has if they want a comfortable place to live in. Both have their pros and cons.

In renting, you have no tax obligations because you are just renting, obviously. The landlord is the one responsible for the tax because it is his property. You can freely jump from one place to another because you are just a tenant, meaning you can move any time depending on your signed contract with the landlord. This is nice for those people who have to move from one place to another for various reasons such as work. They won't worry too much about a property they would leave behind because they don't owe one in the first place. However, this is costly IMO. Renting can take up a lot from your budget and when you calculate it, you could buy or build a house with that (if you want to).

Meanwhile, in owning a house by loaning, you will have a property that you can call your own after years of paying diligently. You will just have a hard time at first by paying monthly or yearly. It's like you are renting, but you're going to have it soon after. Although if you will compare the cost, paying monthly loans for a house is way more expensive than renting so you gotta have a budget for it to avoid penalties and additional interest rates. Owning a house via loaning is a good choice for those people who have planned to be settled in one place. It would also be a good decision for those people who want to have a family of their own. The cons of loaning a house are that it is costly and you are the one responsible for everything in it such as repair and maintenance. Other than that, i think it is a great form of asset because its value increases over time.