Akon is probably trying to become a Godfather in real life where he will control the money supply and the trades. I am really suspicious about his intentions behind all these. No one would do such kind of things (Building a city) for the sake of promoting a cryptocurrency. He must be having some deep reasons behind it. Now building a city can be done with his enormous wealth, but how he plans to bring employment for his city's residents?

A sustainable city needs more than - "roads, a Hamptons Hospital campus, a Hamptons Mall, residences, hotels, a police station, a school, a waste facility and a solar power plant."

There's nothing much to expect here! No advantage of bitcoin is recognized by Land Rover. Rather they have just mentioned it as an important technological innovation that happened in last 50 years. While I don't expect anything to happen but it may just increase the credibility of bitcoin brand. Probably few people who are already intrigued about it, will actually go to Google and start searching about bitcoin to know more. Just some visibility it will provide. Nothing to cheer about!

No! But more of such games will be played in future. Take a simple example of cricket. Earlier, we used to have only test match and one day match. Now once IPL started, people loved the short excitement and adrenaline rush within the 20 overs match and it quickly became popular.

Nowadays, test matches have become almost extinct but 20 over matches have become a new norm for cricket. Similar thing would happen in Tennis as well. Long matches will be pushed to extinction and short format matches will become a new norm!

Probably that's the reason why IRS declined their Installment payment requests. If someone has $7 million but still asking for favors from the government agency, doesn't really show a good picture. Liabilities of any sort is not good for anybody's financial health and when the liability is from a government agency like IRS, it wise to pay up to avoid all future hassles.

If it was for me, I would have paid the liability to IRS to stay safe and out of the scanner. IRS can bring immense level of hassles so it is wise to keep them at bay!

If you really want to help the Lightening network and the community in general, then yes go ahead with it.

However, if you are planing to make monetary gain from it, look for other investments. LN node wouldn't allow you to fetch much money because the fees in LN is very very low.

hope that makes sense!

Sorry for the spoiler!

The bitcoin trading is on fire in India but probably that's the reason why Indian government is planning a blanket ban through a law. It includes punitive actions against the bitcoin holders in India.

Ref: https://economictimes.indiatimes.com/news/economy/policy/with-a-law-india-plans-lasting-ban-on-cryptos/articleshow/76330403.cms

While majority of the countries in the world is seeing it as an opportunity, Indian government is seeing it as risk and hence trying to ban it.

Such kind of thinking only comes from a regressive mind unaware of the world development. In 5 years, India will see more temples filled with beggers than factories full with employed population.

That news popped up in various newspapers in India as well this week but no one is able to provide any proof behind this claim. So the claim is itself foggy right at this moment.

However, it is very much possible for India to come up with such legislation. Because the leaders are mostly uneducated and the beaurocratic structure of the country works under the heavy influence from the politicians. Sadly, that's the reason why India is still considered as a third world country despite having every capability to become a top tier country.

The leadership needs to change on high priority. If the current leadership continues for one more term, India will see more temples than offices!

From what I see in various casino review websites, Leomonaco is  a very new casino and hasn't yet created a lot of buzz. Even the reviews ate not much detailed anywhere. But what I understood, it's not a crypto casino. It accepts only fiat deposits and running under Curacao license. So I don't think Leomonaco should be discussed here at all!

And most importantly, no FAQ page is present in the website. No mention of Provably fairness and KYC either!

I wish! Only if it was so simple!

The documents can be quickly chnaged through an affidavit which will say it has been mistakenly added.

Also even if he doesn't do that, he will be able to pay the claims only if he has access to those funds. Apparently this is the biggest mystery in the whole case.

And I agree with Enhu, we all need to grab a bucket of popcorn to see all crypto news website putting this fellow on front page again!

If someone good in writing follows the incidents of this case, may write up a complete script for a blockbuster movie!

Just what a business entity would do whenever they see an opportunity. Restrictions are being lifted slowly all around the world but until we have the vaccine, the world will never be the same as before. People will have learn to live in a new way with things like social distancing and other hygiene parameters. So not just casinos, but all online businesses are seeing a great surge in volumes. Casinos are no exception.

It's a great time for online casinos to increase their business by attracting new players to their platform. Hope they can get the most out of it and promote crypto at the same time in the market which may help to increase mass adoption.

With this, I am locking the topic.

I agree that Dow is usually not that fluctuative that had happened recently. Also it may be possible that huge amount of liquidity is pushed and pulled back within a very short period of time. But it doesn't really mean that hyperinflation is coming. Such kind of fluctuations can happen for various reasons. It may be liquidity push, may be announcement of a stimulus or may be due to positive sentiment about the overall economy. Also Money printing can't always lead to Hyperinflation.

Do you have a proper justification to believe that Hyperinflation is coming?

Bitcoin wasn't created to become a safe heaven. Gold or other precious metals or even luxury watches are better than bitcoin as a safe heaven. The characteristics of a safe heaven you have pointed out, are correct! Especially the price volatility makes it even worse to consider as a safe heaven asset. No contradiction on that! I personally prefer gold as a safe heaven.

However, bitcoin is an excellent long term investment. If we compare bitcoin with all other assets class, you will see that bitcoin has outperformed every single one of them. So you need to understand what needs to be considered where!

Physical casinos are a billion dollar business. While online casinos have fewer revenue streams, offline casinos are actually enjoys a lot more revenue streams which can't be offered in online casinos.

1. ATM charges
2. Selling of booze
3. Selling of food and other consumables

So it's a business there and a very serious one. A lot of lives depend on that business. So they try to optimize every single revenue streams with maximum possible opportunities. Customer comform is definitely a part of that strategy.

However, none of these can conclude if offline casinos are better or online. Both have their own pros and cons and somewhat different customer base.

Growing institutional interest on bitcoin is a good news. While this interest may fuel the next bull run but at the same time, it may also fuel mass adoption that may have lasting effect on bitcoin.

In many countries, bitcoin's reputation is not good as it has been involved in so many hacking incidents, ransomware attacks and illegal money laundering incidents. So common mass in their middle ages usually stays away from it. But that scenario may change if institutional investors pour money into bitcoin. That will bring back the trust factor in bitcoin market.

So in general, it's a good news for the entire community. Growing institutional interest won't make bitcoin centralized, rather infuse more liquidity into it!

Lol! Very true! Gambling is not at all a method to earn money. People who see gambling as a method to earn money, are doing it wrong from the very beginning. People don't understand that the house always wins unless and until you are the chosen one. Every gambling website is here to make money and not to make you money! They are just like any other business which is driven by only profit.

The freebitco has positioned themselves very cleaverly. They were initially a very simple website but now they have evolved into a giant of gambling simply because of their domain name.

To OP, 2% difference in winning chance really doesn't matter and it doesn't allow you to conclude which one is the fairest. Gambling business depends on various other factors like support  response, ease of withdrawal, KYC requirement among others. Whoever is better in these parameters, usually win the business.

Electronic cash is correct but I don't remember "independence from Government" is one of his agendas for creating bitcoin. That's definitely one of the benefits of bitcoin but that was not the reason behind creating bitcoin.


LN is not anywhere nearing fail. Around 13000 active nodes are running for LN. If you really want to know its stats, click below,

https://1ml.com/statistics

I do agree that ETH is definitely doing well and creating vast real world applications for future sustainability and bitcoin is lagging majority of such aspects. But we can't disagree to the fact that,  the cryptospace started with bitcoin only. Pioneers always have additional values associated to them and that's what is happening to bitcoin.

Millions of dollars are invested worldwide to set up gigantic bitcoin mining operations. This is what is giving values to bitcoin besides all other aspects.

We must welcome new technologies but that doesn't mean we have to forget our root.

Considering how corrupted the government officials are in Bangladesh, blockchain implementation can become a key thing to bring back transparency into the system. It's not just about Bangladesh but also its neighbors like India and Pakistan as well. Majority of their government officials are highly corrupted and bribe is the only thing that will help you to get your work done.

Implementation of blockchain may help to bring transparency which is really needed to end the suffering of common people's dealing with government officials.

But it's just an assumption. It hard to break the hive of corruption so I can only hope for the best. In India, I had experience in dealing with Land Records & Revenue department for registering my property and 3 levels of bribes were nedded to get my legal job done and I wasn't at fault for anything.

Another nice informative topic on gambling investment and I just added it to my watchlist. I wanted to invest in gambling bankroll but never have done it in reality considering the risk. Your topic is indeed giving me hope and confidence again. But I will wait for some more time before actually investing.

I am not familiar with Yolodice and hence this question, but did you have to complete KYC before investing?

Also is there any other websites available for such investment?

I know such kind of news don't really make a buzz anymore. But when it comes from company whose CEO is a known bitcoin hater, it makes room for discussions.

Bitcoin.com reported,

Ref: https://news.bitcoin.com/jpmorgan-bitcoins-market-currencies-equities-treasuries-gold/

Changing stance of one of the largest bank in the world. What does it signifies?

An article from Economic time on 12 June 2020 says,



Don't know how to react! This is bad and sad! India is already struggling with freedom of speech under Modi government and now it seems to include financial freedom!

Ref: https://m.economictimes.com/news/economy/policy/with-a-law-india-plans-lasting-ban-on-cryptos/articleshow/76330403.cms