On peace... yes that is the point.

Age is one factor, but people of all ages are drawn to fight if they have no knowledge of the consequences... or if they have nothing to loose.

I would not say impressive, but yes, it describes in a few words half a life of learning and observation thank you.

Killing for a few weeks... money wars... too long of a topic, but the last two World Wars lasted years and killed millions.

Re Elites... yes they are young and old both, but certainly naivety is certainly not in their dictionary. Zuckerberg was not naïve, I dare to say that since he was 5.

Is it as strong as the US or more

YES - Trade war and decoupling
NO: continue...

Is is a bit weaker than US?
YES - Try to bring then under our sphere of influence. Set military bases if they are in a strategic location. END.

NO: continue...

Is it much weaker than us?
NO - establish trade deal and keep in check. END

YES: continue...
Do they have oil or other strategic resources?

NO - ignore or make an unbalanced trade deal. END
YES - continue....

Do they have a large population or somehow are difficult to invade:

NO - look for a reason to invade or create it "humans right abuse", "terrorism supporters", "own weapons of mass destruction", "they are a dictatorship". If it is true the better, but not needed. Invade.
YES - continue

Is it easy and cheap to overturn the government?
YES - Send the CIA to support a candidate that will be managed by US.
NO - Blockade.

I would not try to compare it, but if I had to, it would be with other Central-American  countries which have undergone a strong initial intervention from the United States and have eventually moved on to some short of democratic governments or have fallen into disarray. El Salvador, Guatemala, Honduras, Panama... Mexico to a certain point. Even Chile and Argentina may share some elements. While Cuba continued under the Fidel and the party, these others suffered a pro-US dictatorships until they become short of democracies.

None of these have suffered a blockade. Most of them have suffered the effects of being in the path from where drugs grow to the houses of the citizens of the nation that nowadays takes most of them up their noses.


USA has already figured out that invading largely populated countries with plenty of rainforest jungle, large rivers and mountains is normally a low Rate of Return investment and is frowned upon by most countries since they would never get an UN resolution for that. Instead they supported Guaido, which does cost Venezuelan lives. I am not a fan of either of the Venezuelan so called governments.

Well, the thing about "death by boredom" countries like Saudi Arabia is that is does not really matter if your are Arab, Cristian, Buddhist,... because there are certain rules in the country that apply to all. For example, an unmarried couple of expats from I a company I worked for were told that they could not live together because they were not married. We are talking about people who had been together for more than 10 years. I would not even consider what would have happened if they were gay.

So your personal beliefs do not matter, unless you are an atheist, in which case it matters:
I am no fan of Putin, but when Saudi Arabia asked for permission to build mosques in Russia to cater for the Muslim population, he said it was ok as long as churches could be built in Arabia. Obviously, that ended the conversation.

So it is not about gambling being allowed or not for certain groups, it is that the laws are applied to everyone.

I cannot believe that I am reading this. How is "the wife" the house? Firstly, not all marriages are wife and husband, secondly, not only men can be entrepreneurs and take risk, thirdly, and this is what you really got wrong and may cause a problem in you life: your partner is not your adversary, it is part of your team and the most valuable life resource. It is never about who wins and who does not because the team cannot be happy if one of the members is not happy - which means that everyone has to look after the other or eventually they will either part ways or be unhappy together.

I take it you come from a culture in which women are not treated as equals and you seem to have a resentment on the role you have imposed on yourself. Your loss.

As for the rest of the analysis... most of it shows the general lack of knowledge about crypto that can be expected from a Jr.

One of my neighbours, a million years ago, was obviously addict to the slot machines. He would spend hours spinning in a nearby bar (these machines are allowed in bars in my country of origin) and my take is that he would spend a fortune on it. Once, I passed by and I overheard him saying "I am going to teach this machine who is in charge". It sounded like he was attributing some short of conscience and life to the machine and though he could "beat it". I have observed that many people that gamble are into that type of thinking, that is, it is me against this code and this machine and I can actually break the code and win.

I personally do not play slots, but do you think that is why people like slot machines? Short of breaking their code?

If the guy is bored, it would not have anything to do with a club. Some football player have been know to just stop liking the sport after they made enough millions. I do remember an old case, Romario, that used to play for Real Madrid, and after a few seasons he stopped training at the highest level, kept on playing footvolley with his friend at the beach and was obviously overeating to the point in he could no longer be considered an elite player. Yet that is absolutely normal... they earn so much that they no longer give a s*th about it.

If Messi were one of those player, we would have already known about it.

I know many people bet on boxing matches and I recently saw a post on an "slapping tournament". I was thinking that professional boxing is kind of questionable as a sport discipline and even more so as a gambling event. It is known that many boxers sustain long term effects of repeated micro-trauma and even some have been know to die in the ring. For all boxing fans and for others that may have a view on this, how is this being considered a fully legal activity being supported? And how is betting of people hitting each other being considered as legal and ethical in today´s world?

As users of gambling sites, we have to be careful and do our own research before committing our funds to a site. But no matter how much you dig around there is always a chance of being scammed or at least not being treated right by a service. I just read this article below on the need to have some short of protection or even a self regulation. Would you say that you would play more confidently if you knew that you can potentially have a claim if you think something is not right with the system or the decisions? How would that protection look like for you?

https://sbcnews.co.uk/europe/uk/2021/07/23/richard-hayler-ibas-the-ombudsman-from-abstract-concept-to-a-workable-reality/

Para cantidades de cierta importancia, y se que estoy cometiendo una herejía diciendo esto en el foro, se pueden usar servicios de cryptocustodía. El más conocido es el de Coinbase, pero creo que Prosegur en España y seguro que otros en otros paises te puede ofrecer un certificado de depósito que ya es completamente transferible por los canales legales - herencias, sucesiones, donación, venta...

La fórmula simple y también altamente herética si se menciona aquí, tenerlo en un exchange de confianza, que también es transmisible.

Las alternativas: dos o tres cajas blindadas en bancos separados con las partes de una clave privada y las instrucciones. Dejarlo en manos de un abogado o similar es fiarse mucho si la cantidad es alta. Vamos, que muchos dejarían la abogacía si se topan con 3 millones en bitcoin no?

Y sin embargo aquí estamos nosotros, teniendo nuestros sats bien guardaditos en un ledger físico no? La verdad es que la mayoría de la gente que invierte en esas cosas lo hace sabiendo lo que hay. Es raro, aunque no tanto quizá, el caso de personas que lo metan todo o están tan convencidas de que se jueguen realmente cantidades tochas.

Dicho lo cual... las crypto siguen siendo territorio comanche y lo malo de eso es que van a conseguir que se metan regulaciones tan estrictas que no den lugar a proyectos comunitarios amateur que no tienen los fondos para meterse en el marco de juego legal.


Si, mayormente es eso.

Muchos llegamos aquí, al foro, hace algunos años. Nuestra fe era mínima, no sabíamos mucho de la comunidad, ni de la parte técnica... ni de casi nada. Para muchos de nosotros el bitcoin era una caja de tulipanes holandeses y nuestro objectivo era ver si podíamos sacarle un duro a todo esto.

Confieso, en mi caso, pensé que el bitcoin ya había pasado y que ahora había q apuntarse a las alts. Así lo hice: miné, participé en campañas, traduje "White Papers", participé en el foro,... No fue mal, supongo q incluso razonablemente bien teniendo en cuenta el tiempo invertido.

Mi opinión ha cambiado desde dos años hasta hoy. Ahora soy, por una parte, un hodler - un hodler algo escéptico porque la vida te enseña q hay pocas certezas -  pero un hodler q no suelta un satoshi aunque baje el 50%. Me lo puedo permitir... lo considero mi billete de lotería. O quizá el billete de lotería de los que vienen detrás mío, porque mi vida no cambiará sustancialmente creo.

Sigo haciendo campañas como se puede ver, aunque ahora es sólo con pagos en bitcoin. Nada de proyectos extraños liderados por equipos de adolescentes q viven en casa de sus padres y a los cuales no les prestaría dinero ni su abuelita.  También soy ahora un jornalero del bitcoin y pago con posts el billete de lotería de los que vendrán después de mi.

Se que hay muchos miembros nuevos que tienen que hacer este camino y yo soy el primero que cuando me hablaron del buy and hold pensé que era una comedura de tarro para gente que no tenía nada q aportar. No fue así, pero se que cada uno tiene que llegar a sus propias conclusiones y cometer sus propios errores.

Mis disculpas por el tocho.

Certainly, gambling has to be for fun, once you start setting out objectives or believing in mystical vibes or the karma aligning with you (even if that is actually a real thing, who knows) you may be overstretching yourself and putting yourself in situations you may regret. Much better to have a gambling budget and be disciplined enough to keep it that way. It should not be more than 5 or 10% of your income and no more than 20% - 25% of your disposable income. Above that, you are risking excessive gambling.

Aslo, it is much better if it forms part of a social activity with other people, rather than just spinning on your own.

If you are less in control or have had issues in the past, weekly is the best option because it will keep you up to speed of what you have really spent. Personally, I do not need either because I keep good track of my expenses, investments and income. For someone like my, monthly is even bothersome. For someone who tends to check every month and gets the paycheck also monthly, the best would be to get it right with the rest of the bills that are due.

It is a London free newspaper mostly targeting the guys at Canary and The City. It contains a mixture of economic and local companies news and is reasonably credible. I am not sure about this news precisely, but my take is that a maybe is not really a news is just a maybe... The problem is that many serious outlets are starting to provide the maybe news because they work wonderfully for the click baiting business. Anyway, let´s hope that in this case they got it right.


Facebook does many things. Libra was just another but rather than a fail I would say that they did not go ahead probably due to legal and regulatory concerns.

You do not really need to understand everything about bitcoin to get some and use it. Fully understanding all aspects would require degrees in economics, computing, psychology, computing sciences... There are so many aspects just on the technical side that it is quite difficult to apprehend. The good news is that it is not at all necessary to understand all these aspects, you just need to understand how to keep your keys safe and how to make the basic operations. Let me put a simple example, you do not need to know how to make antibiotics, you do need to trust them and know how to take a pill.

Re adoption, there is no more end game that there is for Euro or USD.

Progressive adoption at this point does not need any further catalysts (the name usually given to those events that make everyone realise the value of an asset). It is much more about progressive adoption at this point since I believe that the value, as of now and for bitcoin, is well assessed. The next likely event that may drive crypto could potentially be any announcement by any of the large techs, but it can sumply be anything once the level of demand is there. I am tired of stupid justifications for bitcoin price movements, most of the times they do not correspond to a single event.

There is something that needs to be clarified: Staying in something for the long or short term (which are already not equal to  everyone), does not make you an speculator or an investor. Speculation is mostly about thinking that someone else is going to pay more for the stuff than what you paid, can be short or long term, for the stuff you buy. An investors believes that the stuff he or she is buying is worth more than the price being paid and that is based on some short of systematic study, more or less well done.

I consider myself an investor.

Si vais por la Alts section vereis que hay algunos post con chincheta. Uno de ellos advierte del cuidado q hay que tener con las alts y esta escrito por un usuario q pone su nombre tal cual (supongo q es auténtico pq es del 2011 y tiene sentido).

Este usuario es Gavin Andersen, como se puede ver con entrada propia en Wikipedia. Me pareció curioso q justamente fue uno de los que apoyaron bitcoin cash porque consideraron que la red bitcoin había perdido el propósito original de ser un medio de intercambio peer-to-peer y había pasado a ser algo que no era la intención original de Satoshi. Sin embargo lo que le costó el perder su derecho a hacer "commits" en el GitHub del proyecto fue el entrar en la discusion de "quién es satoshi".

Como yo no tengo ese acceso no me importa pensar que esto salió de la Universidad de Princeton y si quisiera saber más empezaría a tirar del hilo por ahí

I have been there, yes, we buy tokens with the fine intention of getting 200% plus in a week... and sometimes it does happen, and most times it does not. But apart from purely gambling to this, sometime there are projects out there that really seem to have a future. You have read many times: look at the team, the code, the community,... but there is something you really have to look into and this seems to be forgotten many times: the economics.

- A coin or token that is limited stands a better chance of gaining in value with time. However, if no more is produced ever, there may be growth problems as people think they are out and would rather support some other newer projects.
- PoS and PoW are both payments for safety of the network. Safety only matters if the network is used. - Demand is key.
- The so called "DeFi" and others will not work unless they are stable - nobody wants to owe 200% more next month.
- If you are getting "yield" by staking, that needs to come from somewhere. Either the system is printing tokens - coins or it comes from transactions. Does the transaction level justify that or will it ever?

Just think carefully if you dare to hodl for the long run.