Some folks despite the visible positive impacts of cryptocurrencies and reviews from Jack Dorsey, Elon Musk, Michael Saylor and other popular crypto advocates have refused to change their stance on it. They don't just oppose Bitcoin or other cryptocurrencies but they wish it would die. For example, Buttcoin is a reddit forum where Bitcoin is "crucified" daily. In that forum, Bitcoin has been called "a scam", "a negative sum game". Also, David Gerald who is an anti-crypto activist has publicly cleared his hatred for cryptocurrencies and blockchain technology. According to him, “I think the future of cryptocurrencies is that it will become increasingly regulated and normalised. People want regulation of this because they want to know where they stand and what they can do with this sort of thing. I think that speaking technically they are junk-quality assets. They are not backed by anything they are volatile as hell. They have a price because people will pay for them and that’s all.”

My Questions now are, Why do some people hate cryptocurrency so much? What's their back story? Did they ever lose a huge amount of money in cryptocurrency?

I couldn't agree with you more. Here's what I think, Bitcoin is a Phoenix. It will always rise above the ashes (government policies). The  cryptocurrency  market  grew  from  a  $1.5  billion  market capitalization  in  early  2013  to  over  $795  billion  in  January  2018 despite the regulatory attempts by several governments. I mean, see the good Bitcoin and cryptocurrency is doing in El Salvador, in Cuba, Nigeria and in India (in fighting covid-19). It's super important to note that the saying, "if you can't beat them join them" is the reason why several governments are trying to introduce their own central bank digital currency (CBDC)


Global Charts  –  Total  Market  Capitalization,  COINMARKETCAP, https://coinmarketcap.com/charts/  (last  visited  Jan.  11,  2018).

It is true that most people consider gambling to be a thing or a vice mostly for the males, but undercover, some women are gamblers who are even more addicted than some males especially in recent times.

In an article that examines the gambling behaviour of women and why women gamble, it is stated that most women who gamble picked up the habit at a later stage in life and some do it because of loneliness or due to bereavement. It has been analysed that women unlike men who like to gamble individually and play games like poker etc, women like to gamble visit casino houses in groups and will rather play the slot machines, and other specialty games.

Even in the terms of losing a gamble, women handle it a whole lot differently than males.

Read more here; https://www.onlineunitedstatescasinos.com/gambling-articles/women-and-gambling/

The need for power, greed and control would in some years to come cause Bitcoin and other cryptocurrencies to become "centralized" if not entirely but partially. Definitely. Personally I don't believe in Elon's / Tesla's power to wholly manipulate Bitcoin's price as other factors are present. On the other Bitcoin isn't losing it value, it's rather just getting started. According to an article on statista, "The number of Bitcoins processed on a single day reached its highest value at the beginning of 2021, as more people displayed interest in the cryptocurrency." Numbers don't lie

https://www.statista.com/statistics/730806/daily-number-of-bitcoin-transactions/

Pinnacle offers Live Betting on selected esports. Although they don't have any promotional offers or sign up bonuses, they give one of the best odds. You could check the latest betting odds during a live game.
Another platform with this feature is  Winners.bet. However, unlike Pinnacle, they offer first time customers sign up bonus.

 Desperate and hasty decisions in life are very dangerous and can be detrimental, Desperation in trading is even more dangerous, and newbies in trading should recognise that decisions made desperately in trading often lead to mistakes that can make you loose your entire portfolio and cause the new trader to be depressed and not want to continue in trading.

Do not make hasty or desperate decisions when trading, always try to be calculative and analytical, the process of making money requires a lot of patience and learning and new traders should be made to understand this.

The answer to this is fairly obvious, crypto or no Blockchain can replace the government.

The system of government was established to maintain law and order and keep sanity in the society, the functions of government are numerous and of importance and it cannot be completely replaced by a smart contract.

Government is the foundation on which a country is governed and has been around for a very long time, it has faced so many challenges and issues, and it's way of governance/voting has been modified a lot to keep the system of society running. In my opinion, crypto has not stayed long enough for us to even consider it replacing the government.

Alot of things will be clearer if we look at the objectively.

From my understanding of the news:

1) Although the Financial Conduct Authority (FCA)  does not regulate cryptocurrencies, but requires exchanges to register with them.
Therefore, until Binance registers with the FCA, they are not allowed to operate an exchange in the UK.

2) Personally, I think the FCA is just playing one of it's role. We very well know that as much as cryptocurrency is symbol of good, it's is also being used by criminals gangs to distabilize some regions of the world. So they're giving folks a heads up.

4) The government should come clean and tell us what they actually want from cryptocurrencies exchange platforms. Also, these platforms should also come clean and tell the government what they really want. There's more to this than meets the eye 👀.

You could check out Pinnacle. Although I've not used their services but I hear they have the best reputation their odds are generally very good too. Their list includes League of Legends, Overwatch, DOTA 2, and CSGO. Interesting Handicap bets, Money Line bets and Total bets are some of the betting offered by Pinnacle.

One downside of using Pinnacle is that there's no sign up bonuses and their services are not available in the US or UK due to their taxation policies on betting and gambling sites.

It's such a pity. The world has lost a great person. Suicidal ideation is a severe symptom of depression. I read he was put under a suicide watch due to a failed suicidal attempt. My question is, why wasn't he placed in a therapeutic restraints for someone with a history?
Well, he's dead now we probably won't hear this side of the story.
I pray his soul finds peace.

Recently in my country, i have observed that in almost every street and environment that you are in or find yourself, there are almost more than 3 gambling shops where anyone can go and place a bet on any game of their choosing, mostly soccer games.

These gambling outlets do not have an age restriction, anyone of any age can just walk in and place a bet as these shops are more concerned with making profit.

I am very concerned about the long term effect this unrestricted and easy gambling and the long term effect this will have on those who are unable to control their excesses.

I personally feel that this numerous gambling houses is a breeding ground for the next set of people that will be addicted to gambling.

What do you think can be done to reduce the number of gambling outlets?

Sometimes me i dey wonder the  Kind igbo our government dey smoke abi na just wicked wey dem just like to do normally, because the way dem take dey ban things back to back nor gel at all.

Finally na to cling to bitcoin ooo, make e for soft for you because bitcoin dun start to go up again. Na better time for us wey get bitcoin, nor allow 9ja loose guard you.

A certain African nation has devalued its currency more than once in the past 5 years. Lol. Sadly they failed to follow sound theories of currency devaluation. They have no plans for massive industrialization, her citizens are more unemployed now than at anytime since it's independence. They depend on import and have solid strategy to do what it takes to resuscitate their dying economy other than borrowing and more borrowing from China. In this case, devaluation of her currency has become more of a curse for the economy than a blessing.

Once my kids hit 10years of age, I'm talking to them about gambling. I'm not waiting until they're 18. Funny thing is that most kids don't start up with serious gambling like racing and other sports betting but rather with the basic and popular card games at home and lottery tickets. And although online gambling doesn't start until these kids have access to smartphones and are exposed to advertisment and gambling websites, what starts as an innocent curiosity might soon lead to a lifelong problem.

As a parent, I owe it to my kids to watch out for risks factors while I talk to them  about  gambling. I try as much as possible to set up rules for internet use with them.

The adoption of cryptocurrency in physical casinos is sure to happen but not immediately. We're still really early in the crypto revolution 😁 I do think that unless both deposits and pay outs are made exclusively via crypto then it would be absolutely unnecessary to use to Fiat and cryptocurrency in physical casinos. However, once they can solve the regulation and infrastructure issues associated with crypto use, they'll be good to go.

I read sometime ago that  CryptoChip , is  offering CryptoChipping exchange service, they are converting cryptocurrency to physical based casino chips. Has the official ICO been published yet?

https://bitcointalk.org/index.php?action=profile;u=1018069;sa=showPosts

CBDCs are meant to compliment cash not replace it. What this means is that  CBDCs  could serve as  a  complementary  means of  payment  that  addresse  market  failures. In addition, there's a massive likelihood that it will  help to speed up the continuous innovation  and  competition  in payments, finance  and  commerce.

Therefore, CBDC s must be designed in such a way as not to topple commercial banks.

According to its Q2 summary, Tesla reports that's holds $1.3billion Bitcoin. Price fluctuations can be caused by a number of factors but definitely not entirely on Bitcoin whales (Elon, Saylor) or Rumors from Amazon. Some factors influencing Bitcoin price include; demand and supply, political events, changes in the Bitcoin community, mass media, government regulations etc. For the newbies and weak hands, here "it's important to remember and understand that Bitcoin a very volatile asset class, You have to be comfortable with the swings and you have to be comfortable also losing your money." -Anjali Jariwala

https://twitter.com/DocumentingBTC/status/1420873248011661313?s=19

For someone who is already rich, though the possibility of HODLing for a long time is there, it is not like it is completely easy and achievable. I personally believe that HODLing is matter of discipline.

For someone who is rich, he/she might decide to put away some money into crypto and forget about it, because there is enough money in circulation for them to settle any pressing needs or concerns that comes their way. The case is different for someone with little physical finance and a pressing problem or concern who has a fat crypto balance.

It is said that in every rumour there's always an atom of truth. I predict that Amazon will both store and accept payments in cryptocurrencies or they might just create their tokens based off the blockchain technology. One can never tell what their R&D department is up to. Even though they have come out to deny the possible use of the cryptocurrency, I don't trust them.

 A growing number of companies are already accepting virtual currencies for payment. Tesla will soon restart accepting Bitcoin as payment. Facebook already has its own cryptocurrency. What do you think would happen next? I betcha, Amazon is most likely to be next.

I wouldn't quit my day job just yet to become a full-time cryptocurrency trader unless I'm making 10k bucks daily. For now, there's a lot of perks my day job offers me which cryptocurrency doesn't and vice versa.

Instead, here's what I do. I split my time between them. I do my 9-5 job and then 7-11pm for crypto, that way, i am able to keep up with my day job and crypto, and not loose out on both.