For some people sex, flirting, power and luck are somehow related in their brains by some connection that they probably develop as a result of the things that have happened to them in their lives. It is part of the human condition to attribute whatever we cannot explain to some mysterious forces in the universes, gods, karma or whatever beliefs. This is linked to a link between luck, sex and other things and for those having a sex related environment may trigger their interest in gambling rather than distracting them.5

I tend to take this things from a funny perspective. For example, an add with those big boobed girls reading "hold ´them" has many implication for the subconscious mind of the unaware 

Whatever makes the game more fun is welcome. I think that businesswise, you can either go the elegant way or you can choose to be cheeky and each of those will bring different people. For me, a sexy casino would be more fun because I am more on the fun than on feeling like in a James bond movie. Some people may actually feel distracted, and as they say, not mix pleasure and business.

And it must be marvellous to go there, to a touristic area, just for a while, living in a bubble where you do not have to deal with the harsh reality of the country. Most Latin America has such a destinations and locations even in relatively violent cities. However, that does not speak of the country, but of the way things can be when you actually want to have peace for the tourism that brings in foreign currency.

You can also argue that Mexico City is marvellous because you got Colonia Roma and it is OK if you do not go to Doctores.

It is indeed one of the best hubs for innovation in general, not just for crypto innovation. Excellent market conditions, legal system, the largest and fastest growing market of the world (that´s China) right at their door and a system that produces competent professionals. The only handicap I can think of is the ridiculously high price of real state of any type. These conditions are difficult to match for other Asian countries and are very attractive for asset-light companies that do not require massive physical space, but rather a good ecosystem and legal environment.

Comparing Singapore with El Salvador is simply impossible. The only thing they share is being on the same planet.

Until recently, Chinese firms were able to list on Nasdaq - not exactly as other companies, but still able to rise funds and gaining liquidity by doing so. A  large number of companies are "allowed" this type of listing. However, a couple of things are happening that draw a gloom path for the future.

Firstly, many companies are delisted for not meeting the requisites of NASDAQ. These requisites are not really thought, but there seems to be a strong cultural problem on how China understand the concept of rising capital compared to US. An average Chinese distrust anything that looks too good, or even minimally good. The listings are oftentimes based on inaccurate information (to say it softly). Not that many western companies do not ever lie - misleading information is all over - we are talking about plainly cooking the figures for sales, growth, etc...

Secondly and more recently, the Chinese government has taken direct actions on recently listed companies that have caused significant drops in valuation, directly burning any investor.

It seems that China is decoupling its economy from foreign funds, but also NASDAQ is de-listing when they fail to meet reporting and honest information requirements.

(source The Economist and other outlets).



https://www.ft.com/content/0dd3f1b4-705a-4ea4-9ade-3e105b4cfe1f

I am not happy at how Elon used his twitter account to manipulate crypto. Perhaps he should dedicate more time to his own business now. I am just making him realise that... I mean, in the unlikely case he reads this post. I am also aware that some people do not follow that kind of stuff, for which I can only honestly congratulate them, as it is mostly useless manipulation and very close to a punishable action - that is, if the SEC ever cares about what Elon does under the argument of being DUI himself.

Yes and no. Crappy answer.

In companies or crypto that have a significant float and significant trade volume (e.g. bitcoin), I would say that marketcap is quite in line with that total value of outstanding shares or coins, unless you try to sell many thousands of bitcoins in a day.

Companies with little float and little liquidity are the ones that may not be correctly valued. e.g. Coinmarketcap tell you that token "X" is bought at 1000. Now, if you try to sell 100 of those you will notice that the first one may be sold at 1000, but the rest will be at .00001. In those cases I could argue that the cap based on the highest bid is not realsitic.

A "moat" is the slang for an unique competitive advantage (perhaps I should have just said so). Tesla has some "moats" such as the driverless technology, the technical advantage in batteries and performance and, on the financial side, they do not have to pay for pre-existing factories designed for combustion engines nor have to loose any patents or IP on these, thus it is "born electric".

If other car markers have what is basically a subsidy to refurb, then the later one is lost. In terms of IP, car makers are quite good at research. They will have to change the direction of such research which is also significantly difficult. Lastly, the driverless technology confers a limited advantage - just until waymo, uber or others get enough "miles".

The full analysis of the competitive landscape for the vehicles in the future would require at least a few hours and good knowledge, so all I am saying is that Tesla is not worth its current marketcap, IMO, and I may lack some technical expertise required, but the assets burden moat will be weakened strongly in the next years.



This is not just a redesign or swapping and engine for another. All those companies have gigantic factories, supply chains and IP that are specific to combustion engines which are going to be maid obsolete by the electric car. Be certain that not all will survive that or will be re-shaped into something completely different. Design is not a "wide moat", that is, is not a strong competitive advantage. Reputation and loyalty are also narrow moats for most companies.


That is the point yes, competition is near and that erodes Tesla´s advantage.


Then Tesla changes from a car maket to an Research and Development company, which would not require building all those factories. Seems that the strategy is not licencing.



Tesla has received huge subsidies for being "green".

If I had to choose which news to have, i would certainly not like to hear that Miami is a pioneer on bitcoin acceptance or implementation. Yet it is impossible that it is not that way, this news only make it official. Miami is one of the drug trafficking centers in the US, not that they are short of hubs for that. Unfortunately, not everything that bitcoin is used for is legal, and in the case of Miami I see adoption as a demonstration of mis-use of bitcoin and probably not what this community needs - even if from the city major.

And 10 of those watching Netflix likely.

A significant part of the European Recovery Funds will be channelled towards reducing the carbon emissions. This will include solar energy investments, other renewables but also public investments in car maker´s factories to prepare the massive introduction of the electric cars. One of the key selling points of Tesla stocks is the fact that it was born electric and does not have to spend money transitioning as opposed to all major car maker´s. The fact that Europe will publicly subsidize these changes means that Tesla will no longer have that competitive advantage and that one of it´s moats will be gone in 5 years.

Hi Elon: "Say Dooooge"

The signs of addiction are no different in gambling than with any other addictive substance or habit. The key is control - if you are not in control of what you are doing that is an addiction. For example, you know you have to pay you gas bill, instead you cross by a gambling shop and bet that money on a race. It does not matter if you win or loose, you obviously are not in control of your priorities and should be considered as addict.

There are different degrees of addiction, not everyone is in danger. Some people will do stupid things but not often enough to cause them long term problems. Some other, and I met a few in my life, will simply spend every cent on their addictions. These cases, curiously enough, are very easy to detect, as opposed to the mild ones, that should also be treated.

The games that have the best possibilities are those that are currently top in the eSports as some people around said. This is becoming really big in terms of market size, with growths that resemble those of Facebook and WhatsApp at its best. DOTA 2 and League of Legends seem to be the most played in tournaments with prices in the range of million USD. Betting should follow and you will no doubt be able to find reputable sites soon if they are not already there. Perhaps having a look at the organisers webs could lead you there.

An excellent game by Argentina. It think they should be paying Barca for leaving Messi in such a perfect shape and well rested after doing little during the Spanish league and letting Athletico win. I guess that Messi gets much more tv time and glamour winning the America cup than winning the Spanish league   Unfortunately, this win does not solve the Argentina perpetual crisis and political problems ... "Panem et circenses" as the old Romans say, that may keep the people happy for a weekend before going to the same old problems.

A joke: Do you know how to tell an Argentinian spy? - Just because he will have a shirt saying "I am the best spy on the world"  

Congrats guys, none of this should be taken seriously.

From a mathematical point of view, this is a very clear case for a rational decision making process  

- Evaluate your chances of being seriously affected by covid.
- Evaluate your chances of getting a nasty secondary effect from the jabs (growing a third arm or getting a trombo).
- Evaluate your chances of winning that lottery.

If you are young, you might choose not to get the jab. If you are old, you most likely want to go for it. The funny thing is that the chances of winning the lottery only have a minimal effect so this is all marketing.

I am sure most of you have played videogames of one short or another and many have noticed that may offer gambling in-game options - I am thinking mostly of Role Games and MMPORGs -  like implementing a casino or some short of fortune game. As an old example, Fallout New Vegas has an in-built game called Caravans, but you can play blackjack, roulette, etc... Newer games that are free to play or cheap to play offer lotteries that award prices such as unique or rare in-game items...

There is currently quite an effort on using these techniques in games that should not be about gambling or chances playing and some people may find undesirable. Is this going too far? What type of effect may this game on underaged players?

You are forgetting about something: mindsets, psychology, philosophy and culture. Even if the "experiment" that is bitcoin fails in economic terms, you have made millions of people more conscious of how money works, what is happening with their fiat reserves and how is actually possible to free yourself from being played with.

Another historic example - many railways went bankrupt, yet we still have them and we still use railways as a means of transport. It was the first time people of moderate means could actually leave their surroundings at a cheap price and discover that there was something else in the world apart from their villages. That changed culture (people of modest means did not vacation before) and made people more free. That is my point, this changes everything regardless of the economic incentives.

My personal opinion about any kind of trading is that if you have anything that remotely works you will not ask this question and you will certainly will not publish a youtube video "showing others how easy it is", etc... (not that you have done, just example). Other than that, it is the fastest way to loosing your money. Most trading platforms have to include disclaimers such as "most of our clients take loses" and the like - you surely get the point. Investing in crypto, as such, is not that different from trading except that you will trade much less. The chances of success are slightly better.

But the main point is something else: investing in crypto should be taken as investing in venture capital. Very high rewards for just a few projects, 100% loss for most and extreme variability in results. The only difference is that you normally have liquidity.

Recent news in various outlets are pointing out to companies in the US that have been victims of ransomware and other attacks not being able to get the help they need to get back on-line. Particularly, hacks that infect software companies that then spread the threats to other companies (as the recent Solarwinds which affected a number of major software providers). In my view, the equivalent to this is to be outnumbered by an enemy army - loosing a war because you do not have enough qualified soldiers.

https://searchsecurity.techtarget.com/news/252494362/10-of-the-biggest-cyber-attacks

Europe & USA are not taking this seriously enough and are not regulating strongly enough the requirements. You may argue that these are private companies, but the fact is that they have an effect on the system creating a "call effect" to further attacks and creating caos in the economy.

Not an existential crisis at all, just the knowledge that existence is finite and that it is nice to know that somehow mine contributed to the future of humanity even if was an atom size contribution. I am aware that most people do not think in those terms and that many will focus their answers in the hypothesis (not the premise at all) that bitcoin could cease or become irrelevant - which is not at all the topic - but I am not writing for them.

I am not being gloomy, it is exactly the opposite, I am happy that ... I am here doing this, and I am happy whether I personally get richer or everything fades. Some answers to the post lead me to think that some people do get the point, others don´t.