If i work in a company, and they offer to pay me in the form of cryptocurrency, i'll love the idea but will also accept to receive a fraction or percentage in traditional fiat currency especially if the company salary is my sole source of income. My reason being that i like to consider any money that enters into my cryptocurrency account as an investment and a last resort and will not want to develop the habit of always selling my coins to get fiat that will result if i permit the whole payment in cryptocurrency.

The people in government know what to do sometimes, but they just avoid doing it sometimes by hiding behind the act of them trying to do something. It is all a charade.

They know cryptocurrency takes the power out of their hands, so they don't like the idea, so they try to bring their own digital currency...but because information is free, we all know that it is not acceptable so far as it remains centralized and them in control.

People know the risk and still try because it is called gambling and they are well aware that it is a game of chance which they have misinterpreted to call luck, and they always tend to believe that are lucky and whenever they are feeling lucky, they always want to play and try out their luck as well.

Also, just like other vices legal and illegal, people are well aware of the negative effects even before they try or start it. As a matter of fact, they have accepted it, so they don't care.

Others just like to hide behind the saying "No risk, No reward".

In my country, it is not advisable to completely depend on earnings from one job because there are price control body here or the one we have is no longer functioning, so you can see the prices of commodities in the market or the price of services changing very quickly and abnormally.

So if you don't seek out ways to diversify and increase your income, you might soon find out that your income is not enough to support your ever increasing expenditure, and the government here is not helping issues.

You can take additional work, or start a side hustle, whichever one it is, you just have to ensure that it doesn't take up completely your free time and disrupt your peace.

Bitcoin and cryptocurrency has really been beneficial in eliminating some of the problems we face when making transactions through an intermediary (the bank).

I once had to go buy some materials i use for work from a supplier, i moved money from one of my bank account with money to another that  had nothing, i did so because at that point in time, that was the only bank account i had with a functional ATM Card. Having done this, i set out to my suppliers place which was like an hour away from my residence. On getting there, i noticed that the transaction i did some hours ago had not been posted probably my the staffs of the bank maybe because of their workload or something... I waited for over 4 , hours at my suppliers office hoping to receive the money i sent to myself, but didn't. It was Getting late, and i had to return home...at the mid of the night that day, i received the money, but i was already angry because i had wasted my time and money i used in transporting myself there.

Since i switched to payment in cryptocurrency, transaction with my supplier has been hitch free because he is crypto conscious. So whenever i make a crypto deposit to his wallet address, it reflects within minutes and the problem of waiting for a lazy or overworked bank staff to post money from one account to another has been eliminated.

In the entertainment industry, entertainers need the news to trend and remain in vogue. Be it a good news or a bad news, it puts their names up on blog post, newspaper headlines and most importantly in the mouth of people. We can deduce from this that Entertainers need the news to stay valid and in vogue and without trying to constantly be in the news be it for a good or bad reason, they can fade away and people quickly forget.

(Replace "entertainment" with "cryptocurrency")

In the cryptocurrency industry, cryptocurrencies need the news to trend and remain in vogue. Be it a good news or a bad news, it puts their names up on blog post, newspaper headlines and most importantly in the mouth of people. We can deduce from this that cryptocurrency need the news to stay valid and in vogue and without trying to constantly be in the news be it for a good or bad reason, they can fade away and people quickly forget.

Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity?

The people you met were all criminals trying to make a dubious Living by preying on the innocence of bystanders and taking advantage of your greed. There is a popular saying -"the more you look, the less you see'' and that is exactly what you fell a victim for.

I have been a victim of this type of cheap gambling scam before just to discover on observation that most of the people standing around such places all know themselves and act like they do not. ( They are all members of the same dubious criminal gang) putting up an act, hoping to entice innocent individuals to come play with their fiat.

Don't beat yourself so much, that was your first experience to the street and street gambling and such experiences are meant to make you smarter and street conscious, so truthfully you met robbers, just that were not armed.

It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.

An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;

HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?

I'd say they are both important, it just depends on how you look at it.

If it's possible for you that is if you can do the both (day trade some percent of your holding) and you are confident enough in your skills that you can get good results from day trading, it is the best thing to do.

But if you are not confident and still an early trader, please BUY & HODL.

I have seen several books and rules on how to get rich propagated by individuals who are not so rich themselves but sometimes are dependent on the money they will get from the sales of such books. I do not believe in such rules and do not waste my time in reading such. There is no assurance that even after going through such rules that one will become rich.

I believe the number one and most basic rule of becoming rich is to work hard, pray & focus on what you do while finding a way to do it better,

It's a very impressive start to the season for Dortmund and  most impressive  start for Erling Haaland scoring two goals and creating chances for his teammates. He definitely deserves the man of the match that he got, i hope he can maintain performance all season long.

Bayern Munich could have done better, but its better they drew the game and secured a point at least than a complete loss, the team has a lot of quality and i am certain that they will pick up momentum and improve performance in their next game.

For the legend Gerd Muller, i pray his soul rests in peace.

Manny Pacquiao is my favourite for this fight, from all statistics he is the favourite to win this particular fight plus adding that this may be his last career fight, he will want to put in his best to ensure that the end of his career is spectacular.

Yordenis Ugas on the other hand is a great fighter but i am not certain that he is as experienced as Mr Pacquiao. A win for him will add some spice to his career however i don't think he can overcome the Pacman.

People often attach negative sentiments when the word gambling is mentioned, because gambling can become addictive, it is what is most feared and is what is considered bad.

As much as gambling is feared, there are also some positive economical benefits to it just as you mentioned,  and some states do not consider it to be illegal because apart from the tax revenue benefit to the state and the creation of jobs for individuals, it also boost local retail sales as some of these casinos have lounges and restaurants as well as rooms that tourist or visitors can patronise.

So if visitors decide to sideline external outlets like the restaurant, hotels and lounges that are in the city to visit a casino, they still spend the equivalent amount in patronising in house facilities like these restaurants, lounges and rooms that these casino's have thus, local retail sales is sustained.

We were all created differently and like different things, sometimes we like things or get hooked to things based on the feeling they create or give us whenever we engage in them. That's why most times, you see an individual claiming to like something for reasons unknown to them or for not reasons not too substantial.

Some like the simplest of things or games, while others like others that are more complex, it is all a matter of feeling created that makes the difference. Some choose video games, some others the most basic casino games, while others may prefer online games. We were all created in manner that there are always people to satisfy and fill in different options, this is the spice of life, variety.

I don't completely understand what you mean by gambling with sense, but it is a normal gambling mentality that the win comes after several or consecutive losses. That's why you see a gambler repeatedly placing a bet because his expectation is that one day soon he will get a huge win that will cover or account for his losses.

Rarely will you see an individual who has not experienced a loss in gambling or one who has had more wins than losses in gambling. It is  normal for one to experience losses consecutively. What is expected of such an individual is that if he has had a really long run of loosing, he should take a pause to reconsider his strategy.

I agree with you. Despite the crashing economies, people’s perception towards bitcoin changed and this drove the value of bitcoin in 2020 up even as the pandemic ravaged the world. Big companies started to accept payments in Bitcoin and even some workers agreed to start receiving a portion of their income in bitcoin. More online casinos also added bitcoin as an option for new members when signing up. The pandemic changed everything. Soon it will be mainstream.

I think there are more than five risks involved with using bitcoin, there is also the "risk of the unknown" - imagine the possibility of a disaster that took down technology, electrical grids and the internet world wide, there’d be no way to access your bitcoin?

Also, there is the risk of investment-
Investing in bitcoin is the greatest risk of all because unlike the futures markets traded on the exchanges, disputes can be easily resolved because they are regulated. However, the reverse is the case when you enter the world of cryptocurrencies. It is both unregulated and decentralized. Anything can happen both gain and loss.

In all, one has to make up his or her mind to accept the risk involved, because without risks there are no rewards.

For me and my observation, i think we are still in the earliest stage of bitcoin adoption. Most people still have no idea what BTC is. My neighbors and coworkers don’t own any bitcoin. Folks are investing huge amount of cash into bitcoin not because they are adopting it but because they see it as a get-rich scheme. They want to cash out when there is a price increase. Some are just curious and have never tried it.

In my opinion, i do not think that there is any possibility of this happening, that is like Spanish team or a team from another region joining a football league in another region as most leagues like the English premier League have certain rules and regulations that govern its participants.

One of such regulations is that only teams from England and the Wales are permitted to participate in the English premier League.

Blockchain is not going to replace traditional banking rather they’ll coexist in the future. In theory is makes sense but it is not pragmatic. Think about it for a second. If blockchain supposedly replaces traditional banking, it means that all cash would “disappear” and world would use crypto all of the time for everything which as not possible.