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4721  Economy / Gambling discussion / Re: ASA to host gambling advertising webinar on: September 25, 2021, 10:38:50 AM
They are making this seminar with good intentions, and I believe that they really don't want gambling to plague the minds of the younger generation as they will be the ones who will handle the country's future. Perhaps they also got this strategy or idea from Spain, though they don't want to end up banning gambling ads in its entirety as the industry constitutes a huge part of their revenues in taxes.

Hopefully this is indeed an effective way of preventing gambling addiction on the younger generation. By keeping them off of gambling ads and materials, they wouldn't think of doing it in the first place. How will they strategize to do it, I don't know.
4722  Other / Off-topic / Re: GGG will have a fight this year! (BOXING) on: September 25, 2021, 05:39:04 AM
While Ryota Murata is a decent fighter on his own merit, I don't think there will be much contest when he's matched against Golovkin. Not to disrespect Murata or anything, but I think his experience isn't enough to outclass and outmatch Golovkin's tenure on the ring. Still, this could be a fight that we're waiting to watch. A refresher, I must say, as we will see a relatively-new fighter square it off against an experienced warrior in the ring. It's exciting to see how Murata will handle himself against the likes of GGG.
4723  Bitcoin / Bitcoin Discussion / Re: Elizabeth Warren claims on: September 25, 2021, 04:51:07 AM
Most of these government shills run blind on their own faults and focus largely on what they are targeting to make them look like they're trying to save the day when in fact they aren't.

Don't get me wrong, scams related to cryptocurrencies are really a huge problem, but the amount that she's getting mad about is laughable compared to other matters concerning fraud and scams made on other financial institutions like banks. Perhaps they should try to look even further on the other side of the spectrum before they 'grind' their gears on cryptocurrencies.
4724  Alternate cryptocurrencies / Altcoin Discussion / Re: Future of meme coins like dogecoin, dogebnb, shib, etc. on: September 24, 2021, 11:56:11 PM
While meme coins bring some comedic relief to the cryptospace, I doubt it will have a place on the market for a long time. They only receive attention whenever a famous individual hypes them up, and afterwards no utility or anything of value can be gained from them. You can say that they are working proofs of concept and materialization of one’s wild idea, but that’s just it, really.
4725  Bitcoin / Bitcoin Discussion / Re: Ransomware and Bitcoin on: September 24, 2021, 10:49:16 PM
They cannot sanction crypto; no one can be sued by them no matter what they do. It is the platform which the hackers are using to dump and exchange whatever they got from their victims. Idk how the US will impose those sanctions, or how strong their case will be against the said exchange.

Also, isn't this the way how governments deal with such cases? Instead of going after those who broke the law, they go after those who did nothing to break the law just so they can pat themselves on the back and tell themselves that they did a great job.
4726  Bitcoin / Bitcoin Discussion / Re: The difficulty of explaining Bitcoin to people is massive on: September 24, 2021, 09:45:08 PM
When I'm asked these things, I just say that bitcoin is a form of money over the internet, with only a limited number of units produced. No one can control bitcoin since it is governed by a set of rules which makes it mathematically hard for one entity to tamper or change any transaction in the market.

Or you can just answer their questions without even initiating the explaining to them. Then just use words that are easier for them to understand and grasp the gist behind it.
4727  Bitcoin / Bitcoin Discussion / Re: China trying its best to get hated on: September 24, 2021, 08:43:59 PM
Well, for one, they aren't really gaining any haters. Just a few people annoyed of their antics and maybe that's it. The market has since moved on from China's tantrums, and they only release statements that mining or crypto is banned, but they are not actively enforcing it within the country. How many years has it been since their first bans? China is still one of the main hubs of mining, and a lot of Chinese are still using and owning bitcoin.

China's mind games affect no one anymore.
4728  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it good to invest on cheap promising coins? on: September 24, 2021, 08:19:50 PM
A coin will not be promising without any features that make it stand out. As for the coin that you are eyeing, I wouldn't honestly comment about it as I know little to almost none about it. Though if I were to trade it, I would look for roadmaps, for dev updates, for plans on the coin in the future. And if I believe the coin is extremely undervalued, I'll put a couple hundred dollars in it and forget about it for some time.

That's just me, of course. You can always refine your buying strategy.
4729  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BTC Ever Stop Defining Market Movements? on: September 24, 2021, 06:51:30 PM
For as long as the markets and exchanges have an altcoin/BTC pair, this will continue to happen. Most of the altcoins in the market are dependent of bitcoin's price movements, and this has been observed for years now. If we are to stop coupling btc to every altcoin out there, that is the only time when bitcoin would stop defining the market movement for the altcoin markets. Regardless of ecosystem and difference in the nature of coins, for as long as we can exchange that altcoin to bitcoin, it will always get affected.
4730  Economy / Gambling discussion / Re: Why men mostly into gambling on: September 24, 2021, 06:14:17 PM
One way I see it is because men are tend to be risk-takers and are looking for ventures that will challenge them with a nifty reward at the end. Or you can also say that it is a way for a man to make money in a short time in order to provide for his needs or his wants. The goal of most gamblers are to win the jackpot and take home the money, and men are known to be daring for most of the time that they would rather risk something in order to gain something as opposed to women who are generally careful on their decisions.
4731  Economy / Gambling discussion / Re: Most easiest casino games on: September 24, 2021, 04:57:06 PM
Easiest is dice. You literally just have to press a button and hope for the best. It is also easy enough to alter some of the multipliers to your liking depending on how lucky you are feeling. While dice may be the easiest casino game out there, it is also one of the hardest to profit from, as you are only basing your wins from the luck that you have that day. You can also count in slots and roulettes as relatively easier compared to the rest of the casino games out there, but nothing beats dice when it comes to simplicity.
4732  Economy / Economics / Re: CHINA Banning bitcoin: PBOC Says All Crypto-Related Transactions Are Illegal on: September 24, 2021, 02:09:02 PM
China banning bitcoin is basically old news. They've been doing this for years now, and there will come a time wherein the world will no longer react on what's happening in that country when it comes to cryptocurrencies. Sure this may well be another FUD, but PBOC has been firm on their stance for years re: bitcoin and crypto. It's just that they are not enforcing what they are saying, and all of these statements exist only as statements for the government doesn't really do anything to prevent transactions or the mining activities from happening in the country.
4733  Alternate cryptocurrencies / Altcoin Discussion / Re: CBDC vs CRYPTOCURRENCY on: September 23, 2021, 10:02:42 PM
Cryptocurrencies would not be replaced by CBDCs. Each have their own respective use cases that the other may not be able to accomplish. They will exist side by side with each other, though the presence of one will not cancel or delete the existence of another.

Cryptocurrencies will always remain supreme when it comes to transactions across borders. CBDCs will function as digital version of the country's currency which may streamline some other financial services within the country. Two complete facets of the economy, I'd say.
4734  Economy / Economics / Re: Inflation and protecting you wealth on: September 23, 2021, 08:53:10 PM
I recently just got into REITs after it was introduced to me by my friend and was explained to me in detail on how it works. I am already invested in gold, bitcoin, and some other commodities, and I’m trying my best to stay away from art as it is extremely hard to pick which art pieces will appreciate in value and which ones will just collect dust on one corner of my house. I have diversified into several asset classes, and I think I’m already pretty solid when inflation hits us hard in the ass.

If inflation is the problem then I would suggest investing in raw materials such as oil petrol, Also, in Gold and Silver.
These things don't go down in price a lot or say have less volatility.

I would have to disagree on petrol or oil. They are pretty volatile especially if you don’t have a specialized container, or warehouse to keep them.
4735  Economy / Gambling discussion / Re: Credit cards and gambling (tabcorp, Australia) on: September 23, 2021, 08:10:53 PM
From where I'm at, banks are very compliant with what the government imposes and what they wanted to achieve. They are surely in sync with most of their decisions, and are always up-to-date with the memos and circulars that they are imposing and getting out in the open to inform about the consumers who are still trying to circumvent existing laws re: credit cards and gambling.

At some point, I believe that this is just the right thing, given that in the first place, credit card funds are not the consumer's money to begin with, so no way that they should be able to risk it into gambling. 
4736  Bitcoin / Bitcoin Discussion / Re: Legalization. In Ukraine and now Laos on: September 22, 2021, 10:07:47 PM
Bitcoin in Laos isn't very much popular compared to other Southeast Asian countries. From what I can remember, only a small percentage of their population is engaged with the internet, and most of them are still relatively poor when compared to other citizens of the neighboring countries. Perhaps what they mean by legalize is drafting laws and creating a regulatory framework for future laws that they can pass re: bitcoin and cryptocurrencies. They can very well use it if adoption picks up pace in the country, that I am sure.
4737  Economy / Gambling discussion / Re: More women addicting problem in UK on: September 22, 2021, 08:17:56 PM
I think gambling is a problem of people regardless of sex. We only think that most problematic gamblers are men because they are often the ones being picked on random studies, or used as examples when it comes to the effects of gambling addiction, but the reality is that women are also engaged in such activities, and just not shown or portrayed in the same light or emphasis compared to men.

Just visit gambling houses when you have the time, and you will be surprised that there are a lot of women playing on slot machines and bingo compared to men who prefers poker or card games.
4738  Economy / Economics / Re: Future economic fear of the rich and poor. on: September 22, 2021, 06:18:15 PM
The poor have it harder IMO.

They never had the chance to get ready in a future that will further incapacitate them whereas the rich can create plans and explore options for themselves in order to prevent the worst to happen, or at least mitigate the damage the future may cause. The poor is in constant worry of what things would they be placing on their plate AND thinking of the future they have little to almost no control of, while the rich doesn't have to worry about what to eat for the next few months and still make preparations for the worst that is yet to come.

Those who have the financial power will always have it easier on their end, no matter the economic situation.
4739  Local / Altcoins (Pilipinas) / Re: MI4 crypto game in playstore on: September 22, 2021, 04:34:39 PM
Na-try ko nang maglaro ng MIR4 at honestly, okay naman yung game kung sa mechanics at nostalgic feeling na dala para sa mga lumaki sa MMORPG games. Ang problema lang e masyadong maraming bots, problema sa speed hacking at kung ano-ano pang cheats na hindi agad naaagapan at nasosolusyonan ng devs. Kung masosolusyonan agad tong mga problemang ito, sigurado akong kayang lumago ng player base maging ng value ng token na nakukuha dito sa larong ito.

Nagpalevel lang ako muna just in case maayos na ng mga devs yung problema sa cheats. Itatambay ko na muna yung character ko dahil ayoko munang magsayang ng oras sa game na marami pang butas sa ngayon.
4740  Economy / Gambling discussion / Re: Blockchain and Gambling on: September 22, 2021, 04:05:48 PM
There are some instances wherein the parties who are in the wrong still want to pursue their own versions of truth in courts, and will drag things even further just to make a point, or just to avoid paying lots of money for settlement. The blockchain being an immutable ledger is a good thing for settlements of disputes, as was conveyed in the article. While it offers a robust database that no one can literally try to wipe off, or change even just a small bit of data without having lots of resources at their disposal, it isn't enough of a tool to enforce some policies or settle some things out of courts. Additional measures should also be observed and introduced in order for bet settlements to go smoothly without a hitch, both for the bettor and the platform.

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