I think this is the perfect lesson on how the world works. Some guy out there makes a few "predictions", without providing any rational  nor base, simply declaring himself a guru and then declares he will ask for money for doing the same in the future. I have to take this as a joke thread, or else, I will simply learn the lesson: there is actually some people out there that would actually post something like this and feel good about themselves.

As a suggestion, you would be doing great with the flat-earthers. They are so like you that you´d be amazed.

Everything you do in life implies a risk and everything you do has an economic effect. Trying to "not risk your money" is simply not possible in a normal life. Besides, time and effort among other things are basically interchangeable for money - with plenty of friction admittedly. You should be thinking of how to take the right risks - something simple to express, but something that take a whole life to master. It is far easier to say avoid all risk, f*ck this and that.. than to learn of your mistakes and evolve.

I accept your discourse as a theoretical discussion really. The developed and non-developed nations are far from renouncing their fiats, even El Salvador that accepts bitcoin as a legal tender keeps the USD as a currency.

I have said this a few times, but anyway:

- The nations can create fiat by simply only accepting certain currency to pay for taxes. That immediately creates a market for it and thus is easy for everyone to adopt it.
- The nations are not going to renounce their fiat because it is a legit instrument of monetary policy that could actually be used correctly, as opposed to what is happening today.
- The governments are not going to renounce their fiat because they can effectively make their citizens poorer as needed by the simple means of devaluating, which causes less havoc and distress than letting inflation creep up.

And there are many other causes, so yes crypto and government issued are going to coexists as long as the citizens who have the right to vote keep on voting people to fool them into believing that everything is going fine.

Ya se ha publicado en el foro principal, pero supongo q es una noticia q también tiene su enfoque local. Es un poco duro tener que hablar mal de un fallecido, pero si alguien se lo merece es J.M. De verdad, ha hecho perder dinero a muchas personas que confiaban en el. Incluso teniendo pasta para aburrir siguió haciendolo y de una forma terriblemente lamentable - quemando su reputació una y otra vez y diciendo cualquier tontería si había un billete de por medio.

Parece q de emprendedor y buen empresario pasó a rata de cloaca. Supongo q no le importaba dejar un legado vital más allá de la cuenta corriente.

Nope, no hope in the horizon, in fact all the money printing is creating a clear paveway for the inflation. We have not yet paid the true cost of COVID, we have only been living on an illusion of free money, subsidies signed by presidents that know that they are not re-elected if people are hungry and central banks that consider their duty to save every and all dying company that is zombying its way in the market floating in an ocean of cheap debt and low rates.

Yet, as you say, the ones to suffer will be the same as always.

That is sad. He had gone quite on the wrong trail for quite a while... even possibly implied in the killing of a man in Belize - never confirmed - and that ended up with him on legal trouble, not that he did not deserve to be in trouble with the law. It is of bad taste to speak just badly of a deceased, even if he scammed people, so let´s just say that he was an excellent entrepreneur and manager, even if his personal life was not precisely a role model.

His life is now ended, yet the annoying and persisting spam of his antivirus (your subscription has expired, would you like to renew?) poping up in millions of computers shall remain.

I do not agree with 3, gambling and jail are not that related.

Yes, gambling has many negative externalities, it is well know. It is particularly troublesome in the physical location of the gaming since it attracts the type of cohorts that live sucking of sucking the blood from the fortunate players. It is also linked to alcohol, drugs, prostitution, etc... Yet it is an economic activity so it also bring employment and benefits and it is not that different from many other activities with strong negative externalities, such as mining, nuclear energy, plastic production just to mention a few. Even cars pollute.

As you say, if alcohol, which may make the players largely loose their control on their finances and play stupidly is allowed, it may be the case that these cannabis lounges are nothing different. In my view, there should be a restriction on both of these, but obviously the casinos have their own ways of getting things ironed for their profit so if it has been proposed, it will eventually happen.

I think that for some games it is allright, e.g. a roulette, but for others it is not really compatible to be high and play, like poker.

Yes, perhaps there is always a hidden tax in gambling business. It is an area of business that has always had links with people of dubious reputation and, in some cases like Las Vegas, the links with criminal groups has been clearly established. Even nowadays there is a link with the government an the practices that are allowed there are not allowed in other parts. I call this a hidden tax because at the end of the day this money will end up in the hands of the officials and eventually back into the economy by means of their purchases.

As far as something workable, it is workable. Easy to implement provided the algo has full access to the wallet, passwords or a local wallet under the casino´s control. However, I am not so sure of how fun would this be and a lot about the gaming is having a pleasant user experience, not just playing a game of chances. If you think about it, successful games need to have some way of engaging the player and autoplaying sound like exactly the opposite if you know what I mean. Worth a try anyway,

Many people have been know to setup scams with binaries or any investment method prone to gaming. They setup 10 accounts and follow different strategies until one of them show a apparently incredible result. The rest of the accounts loose all, but the guy will only show the one making profit and then he "sells" the method, via a course, a bot, formation, etc... If the users do not get the same results, which always happens, then he will insist in further formation, that the method was not applied "right"...
The only way to really show performance is by means of an audited investment track record.

if it is so popular there should be some on-line opportunities to play in asian on-line casinos. I am not really familiar with the regulations and the casinos, but my assumption is that you would need to understand the local language to play? Anyway, I am interested in learning about this so keep on looking and report if you find something useful. The game itself seems know to everyone but me

It does not work like that. Economies are interlinked and you cannot "sacrifice" a country to save the rest, much more is exactly the opposite, even a small economy collapsing does dent the rest. An economy such as the UK collapsing would certainly create shockwaves. I assume that you are not familiarised with the UK economy and it relevance in the international scene or perhaps you are judging just for its relatively small size.

Even Spain or Italy failing to repay the debt would cause a massive impact in the EU.

I see not benefit on going strictly cashless. I am kind of almost cash-less in the sense of not carrying coins nor notes around, but I am not willing to renounce the anonymity and convenience of using cash to pay, and I think most people d the same. Stop using government issued currencies at this moment is impossible, except in El Salvador. You can use crypto but it is anyway converted to cash on most transactions, so you are not really cashless in any case.

The concept of a bank for the unbanked is immensely powerful. People in developed countries are not really aware of the problem that millions of people around the world have because no bank will even give them the most modest account. You can see the list here.

Some of these like Morroco, Vietnam, Phillipines, ... have milliions of unbanked people, many times more than 50% of the population. Some names on the list are more surprising such as EU countries like Bulgaria, Romania, Greece, Poland...

These millions of people have to pay in cash or use other equivalents. Bitcoin and crypto in general are an excellent tool to solve this. However, please notice

However, the transactions of the unbanked tend to be quite small, so that needs to be addressed in terms of costs

"killing" central banks is not really the aim of bitcoin. Central banks have a role in the economy and the states around the world are  going to protect them as a tool of managing modern countries.

Bitcoin is intended to protect you from irresponsible monetary policies. As long as a country and a CB have a responsible policy that does not use massive debt or massive currency issuance, bitcoin will not be much of a concern and the opposite is also true - be aware of bitcoin if you try to fiddle with peoples savings. Just look at the countries than ban bitcoin and you will see an irresponsible government that is not truly answerable to the people.

Espero sinceramente que tengas la electricidad gratis o contrates a algún "experto" en la tecnica del "enganche por lanzamiento con zapatilla", sino te aseguro q te vas a comer un colin. Un colin pequeño,  no uno de esos grandotes y guays q si valen la pena. Aqui te dejo una ayuda visual q seguro te permite hacer tu negocio rentable.

It is not the first company or individual that borrows heavily to buy an asset that they expect to boom. In fact, this is done daily by an infinite number of amateur traders or even by that guy who sold his house and put everything into bitcoin. I am sure that everyone understand that this is just a simple bet.

There is something to be said about this. If you want to invest in bitcoin there is little incentive to do so through a company, as you have an immediate agency risk, so MS has to give an incentive to the shareholder. The ability to get debt beyond the reach of the usual hodler make the company more able to multiply the earning (and the loses, do not forget that if you are considering buying some stock).

There is nothing like "input=output". Fairness, justice, equity and perhaps Karma (me not expert), are just human concepts, an ideal to which we strive to reach as a species and as a global community. However, life and nature have no consideration for these - hence the effort we have to make to reach these ideals.

If you speak about work examples, it is even more clear than more work is not equal to more wealth or recognition. In fact, in life pays to work smart rather than to work a lot. A great effort in the wrong direction gets you nowhere, while the right effort at the right moment in the right direction will get you to your goals. Wisdom is to tell the first case from the second.

I guess that he was lying... he surely was coerced by the tax system, the shambolic politics, the questionable level of freedom, the intrusion by the state and most private companies in his privacy, the questionable safety the only-for-rich justice system and possible for his in-laws living nearby.

Anyway, the guy must have taken that decision thinking mostly on taxes and regulations, not just bitcoin, but many other that have become an intricate labyrinth that allows the ultra-rich to not pay and send to prison the semi-rich who dare to take some risks on the interpretation of the colossal library of regulations.