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561  Local / Nigeria (Naija) / Re: How can we make the government know that Bitcoin is not a scam? on: May 28, 2024, 03:13:46 PM
I will agree with you that due to the conception of our primitive living and the lately exposed to advanced technologies such as the communication technologies, we have lately adapted to so many trends which might be thought of not being realistic.

Let us imagine rodd tell those those still living in the primitive that there is an existing digital financial system as bitcoin which you can only utilize the fund on p2p using the electronic devices to execute your transactions whereas, you can no have the fund on physical cash. Of course it would sound odd and unbelievable.

But here we are , education and advancement of technology has brought us ris far whereas, we can rest our motives on research at where it is complicated.


Now my question is: how can we make these governments know that Bitcoin is not a scam?
I stand to be corrected that the government knows more than you do about Bitcoin, they are aware that Bitcoin is not a scam and you can not convince them (government) on that instead they have been the one convincing you that Bitcoin is a scam while they are being aware of the reality fact about Bitcoin and that is one of the reasons why you and I came late in embracing this Bitcoin industry.

The government only fears that the digital financial system known to be cryptocurrencies is a decentralized blockchain where they (government) would not have their authority and audacities over its control. And moreover, the massive adoptions of Bitcoin is insighting tensions on the government so, the government seems jealous and unsafe that the fiats would loose value if Bitcoin succeeds to dominate the fiats but to me, that is stupid because everyone who has Bitcoin would still be at use of the fiat.

Maybe I should say it is basically out of their greeds because they can not control the decentralized system and have those chances to launder the public funds as they do in the centralized financial system.
562  Economy / Gambling discussion / Re: Drake curse strikes again, rapper loses on Fury, Usyk bet on: May 28, 2024, 10:56:40 AM
i'm sure that people who believe in the 'drake curse' have won a lot of those fights. and it was quite unlucky that i didn't place a bet on boxing, because maybe i could have made hundreds of dollars from that bet. but i think that loss is nothing to drake, since he has $250 million in his wallet and losing a few hundred thousand dollars is just a small game for him.
Don't feel regreted just because you did not place a bet at when there was a viral winning of gamblers who made it then. Definitely you may not know how much they have lost at other stakes so I don't know if you also get to regret ey you did not bet so you can also loose as they did in their past experiences. 😏
And if you think you can be that lucky, the chances for you to palace a similar bet like that is always open for you to bet on. I hope you don't wait for Drake to take the lead on your Predictions?

Talking about Drakes huge networth value and the little amount he lost may not really matter to say it is nothing to him.
Peoples minds and opinion varies how by, not everyone can be affordable to lost  $100 out of a $1 million dollar because every figure of their incomes are Worth treasures which can be risk to make money money but can not afford it to be lost.

So while you don't know Drakes emotions, stop exaggerating that few hundred $ is nothing to his $250M because of he keep loosing to that pace and amount definitely he is going bankrupt.

Don't immediate gamblers that is all I can say but bet according to your conscience and how you can bear it by yourself m
563  Other / Politics & Society / Re: What do you think about Ross Ulbricht, the SilkRoad and the drugwars in general? on: May 28, 2024, 08:31:02 AM
I'm against prohibition. People should be able to put what they want into their own bodies. I actually think that prohibition should be illegal. I realize this will make the current drug problem worse, people squatting or just doing drugs in the street would be arrested and put into education camps. We could get the money for something like that by selling these drugs to the public.
Well, I am trying on how to get on compatible passage on this with viable opinion.
Prohibition can actually ruin ones life and can hinder carrier and blind folding know knowledgeable ideas from an individual which could be innovative and be useful to the World but due to how the government has always tended to assume they knows best about the world, they rather uses their authoritative power to kill those dreams from individuals.

At other hand, if prohibitions of the law is not a legal practice, then somedays we may find the world at an extinction probably when we human are privileged to do whatever we wanted, things would go astray for over privilege can be abused.
I came across a thread in this board titled If there was no government to government human.
So let us assumed that if there should not be prohibition at certain illiciting levels, then there is absolutely no relevances of the government and its terms and conditions as law of conducting fairness in the Societies too would be of zero adherence.

The reality fact is that government has also taken things personal just as Ross has said, that most cases of prohibitions was amenities created for the police and other agencies to launder monies from the citizens by when the laws catches up with victims.


As for Ross, well Ross knew the consequences of running a public drug distribution network. He got caught and now his life is over. So what I have no remorse for him whatsoever and why should I? Was the trial fair? Who gives a shit, he knew what the laws were and what would happen to him if he did get caught.
In the first place he messed up his carrier by associating with politics and then diverted to be against the laws implemented by the same politicians he once mingled with.
Let us also understand that the government to do builds cartels and executing illegal activities which the same laws are against. Believe it, Ross was not smart enough. When you builds a program that may help the people and the government is against it, if you can successfully anonymously activate to keep your ventures in use by the people, then you should stay anonymous as well because the government will surely look for you.
Satoshi Nakamoto knew that earlier and that why the government is against him and still can not get him.
564  Economy / Gambling discussion / Re: Memecoin Gambling verses Normal Gambling - which is more profitable? on: May 27, 2024, 06:31:38 PM
I would say it depends on the amount of money being used either as a bet in normal gambling or as an investment in a meme coin because both are a sort of gambling as you said, and you can either win or lose depending on the odds and outcome of your bets and investments. However, there is one thing, the odds in normal gambling are fixed and you can only get a certain amount in return in case you win, which isn't the case with meme coin investments.

When you invest in a meme coin, you tend to have the possibility of getting high profits if the meme coin manages to gain a lot of hype and investors in the market, but that doesn't happen all the time because most meme coins tend to either die or stay stagnant for a lifetime as they don't gain any momentum.

Trying to understand you clearly while I have also agreed that they are both gambling schemes, and if such of OPs option should be considered, then we have to understand that having our funds on the meme coins with an expectation to make profit in returns is a probability of portraying investment potentials but investors are liable of losing it all but if there comes a winning privilege then the rewards comes bigger than the normal casino gambling.

While invested little amount on the meme coins, and while staking little amount gambling are of two different risk bearing because all you need to be sure about is that you are investing on a reputable meme project and if you are lucky then you would make it proudly with your petty capital when the meme project turns up but staking little amount of money in the gambling would earn you little in returns if you are lucky to win and for you to win hugely with your little amount of stake then you would be required to take unimaginable risks of picking risky games.
565  Economy / Gambling discussion / Re: Foolhardy bets. on: May 27, 2024, 05:11:51 PM
Internet is full of reassuring stories on big gambling wins like ten/hundred -thousand-dollar, or even more, while in most cases the gamblers are losing because they are either not the experts in on gambling they try or have not relevant skills and make foolhardy bets.
Read on this thread I made lately last about if Do you believe in gambling expert Predictions?
Right there it practically discussed that there is no amount of a gambler being to experienced and lucky to win in the gambling that is worth of the gambling to boast that they are gambling experts that can always stand the chances of predicting 100% games at all their games. Absolutely impossible so OP, the social media is only a gambling field where gambling various gambling companies advertises their gambling sites.

It could be followed by using celebrities or role models to influence the audience in claim that such a gambling site has potential easy winning if only you would follow bet on their site using their directives.
Those are all lies but common marketing skills because there is no gambling expert and not even the gamblers skills that could assure him such huge amount of prize of winning according to the media speculation.


566  Other / Beginners & Help / Re: Every possible wrong crypto advices on: May 27, 2024, 11:40:31 AM
I almost said that this thread does not worth discussing because it could lead to speculations of wrongful implications but I also think the otherwise that yeah, it Worth discussing because they are crypto investors whom had wrongly orientated newly investors.
So, taking notes of such related advices would help others to defeat such misleading scenarios.

But on this course, I am not going to disclose any of the wrong advices instead I would stand against them so that the newbies could as well have a comparison so as to make their choices with all clarity of positive and negative knowledges.


This will be fun, drop you 5 wrong crypto advice you can think of, I will go first.

1. You should store your crypto assets on centralized exchanges, the bigger they are the better, so if they lose your assets you will be able to hold them responsible.
There is no one to hold responsible when you have your assets lost on the centralized exchange so don't get fooled.
It is always easier to say than to do so, Save your assets on the decentralized and non-custodial wallets and save your energy of those stresses of chasing a legal means to be compensated. Be aware that the centralized jurisdiction can deny you such files of holding the authorities responsible for your lost funds.
Remember your inability to take 100% security conciousness of your security gadgets can be a response possibilities to your lost funds which your appeals can be ignored. So with an easier awareness, stay off the risks.


2. Buy your hardware wallets from local stores nearby, you will save a lot on custom fees and shipping fees.
On the contrast of cutting the cost of custom and shipping fees, be aware that the local store dealers may have added those costs to the price. So if you may be attentive enough, you would found it out that buying your hardware wallets online maybe cheaper than the local stores only that the online fees are scary which could be on almost same price range with the local stores if we should sum it all up.

Als remember there are high risks of buying in the locality because some unqualified hardware producers could venture of developing insecured wallets that may have your funds at risk also be aware that there are illegal dealers who may have malicious intensions of compromising your Wallet privacies unlike on-line that is periodically genuine, authorized in operating with certified licenses to be authenticated.

So, have your assets funds more valued that cutting costs of the customs and shipping fees


3. The cheaper the better, Bitcoin Cash and Bitcoin gold are better than Bitcoin.
To my little knowledge to this because I find them all good investments but while I would say Bitcoin is better than the rest mentioned is that Bitcoin is highily liquified digital assets which you can digitally hold your asset while the technology volatile nature of it revolves around the determinant of your assets value and also the fact that it is a program operating on decentralized policies.

Much interesting part of Bitcoin is that it is secured from any nature of crisis such as the natural disasters unlike the the Bitcoin gold and the Golds which are bound to be effected destructively when such disasters rocks and also the its centralized potentials that the governments would always have to deploy their selfish interests surrounding the golds markets.


4. There is no difference between a custodial and a non-custodial crypto wallet.
There is a much risk in storing your Bitcoin in a custodial wallet because you would not be in total charge of having your private keys all by yourself and it is certain as to be said "Not your Keys, so also Not you Coins" because there is always a third party accessible to your custodial wallet having your assets at the pace of risks.

While non-custodial is a wallet platform that has you the privileges to have your private keys all by yourself there is obviously to say that "Your Keys, Your Funds". You are at all right to govern your assets by yourself at your Privacies having your assets a stronger security Blockchain.


5. You can become rich by taking a loan to invest in crypto.
At some points OP, I consider some sense out of this because if you can loan from an understanding body who may ask give you a more convenient time to pay back, then I don't see anything wrong here. Bitcoin is not a get rich quick to venture into loaning to Invest under pressures of paying back in a short time otherwise, there is a succeeding faith to be prosperous on loaning to venture on crytop investment.
This is just about understanding but it would be a failed attempt when the investor dares to take loan invest crypto conditionally on paying back in a short time.
567  Economy / Speculation / Re: It's starting to feel like 2008 all over again... on: May 27, 2024, 08:01:41 AM
I am unaware if there was a connective boomed history to be remembered in referencing real estates. But if you ever think the value of real State would be so volatile where you are expecting the value to drop down in this 2024 to the price value it was in 2008 then I would tell you that it is absolutely not going to happen because real estate are stable investments, impossible to depreciate in values with all potentials to rise in value.

So I will advice you that while you are expecting such impossible history to reoccur, then you are wasting more of your chances to buy on a lower price when you have to look at future Price.

Ingnoring to buy your house now as thought of you have the money, then you may likely be one of those crypto enthusiastic fans who have the interest to invest to had always got excuses.
568  Other / Off-topic / Re: Does addicted gamblers only lose money all the time on: May 26, 2024, 06:38:18 PM
Of course yes, addicted gambler are bound to looses because they are always not contented with their winning that even when they wins, they are out of greed of winning more and looses all that won.

They fails to stick to a responsible gambling structure to attain response that may not affect their personal lives, their families and love ones and so also their financial portfolios.

OP, you must understand that once you are addicted to gambling, you would lost morales which may in returns end you regretting after loosing uncountably.
569  Other / Politics & Society / Re: Trump's big promises on: May 26, 2024, 12:11:50 PM
Cryptocurrencies has been taken an influential key point for US politicians such as Donald Trumps who is being a strong hold of Bitcoin and crypto enthusiast to pegging his winning on structuring promises in the crypto industries.
Too much baselines of him being emphasized about this crypto.
My question is.... Does he really care that much that much and can he be able to fulfill all that social and media promises he is been speculating?
Well, since he is already an big dog of crypto enthusiastic, I would be left of no choice than giving him a winning support while hoping he let crypto adoptors freely enjoy the fundamental creation of crypto currencies.

But hear me all, I have this fear that if Trump fails to win the election, there could be more tension on cryptos because whoever emerges the winner may see crypto adoptors as an opposition who never wanted them to win because they supported Donald Trumps due to his promises over the crypto awarenesses.
So crypto my be termed to be doomed in the US were the crypto users might be faced with inconveniences in the crypto industry but we just hope on the best to come.

I am much concerned that if Trumps wins, let those crypto enthusiasts outside the jurisdiction of US such as Africa should also be paved way to enjoy a fair holding and trading with the crypto assets limiting the authorities from the their forces over cryptocurrencies in the regions.
570  Economy / Gambling discussion / Re: Why Lotto Winner Takes Time To Claim Their Rewards, What's The Point? on: May 26, 2024, 08:32:32 AM
I did not get the general content of your post, so I'll just focus on the last questions.

Yes, you should claim your winnings as soon as possible. Anything can happen to a cooperation at anytime and the longer the winnings stay with them it is not yet 'yours' it belongs to the lottery.
Actually it is complicating about Op saying one would take over a year or couple of months to claim their jackpot prizes. I understand that there are some societies which the lottery authorities may tend to cause some delays so that they can sideline a lottery beneficial with frustrations of come today come tomorrow.
But lotto has been an international game which is governed on one T&C.
Clearly speaking to my experience it never occurred as the OP Stated. I would rather not argue if the game was a local game.

Asking about when it was right to claim your winning, of course it should be at the convenience of the lottery winner but the lottery would always have an exceeded period of time to be valid stating an invalid expiration of the winner being unaware to come and claim his prize.
571  Local / Nigeria (Naija) / SEC Approves Spot Ethereum ETF on: May 26, 2024, 06:49:35 AM
Are you just a Bitcoin enthusiastic? Or you are a crypto enthusiastic?
While you are not into this digital financial industry for criticisms of sabotaging other Coins, I believe our most concerns about other coins aside Bitcoin should be legitimate so as crypto currencies could quote the anti Cryptos wrongly that cryptocurrencies is not a scam scheme but of a reputable and reliable financial technology to rescue the world from an economy recessions.

I have not seen any discussion of the SEC to had approved the ETHs ETF in this board which I have brought about here today.  SEC Approves Spot Ethereum ETF.
While acknowledging this implementation, I believe it would motivate other Crypto coins to facilitate on taking reputable shapes towards its users globally and so as to reach greater heights too.

If i may ask, do you think the sake of the ETHs ETF approval would serve a threat towards Bitcoin ETF? Or do you think the newly ETF approval would attract ETH approaching Bitcoin with some influences?
What are your insights if we have more ETF approved in this crypto world?
572  Local / Nigeria (Naija) / Re: invest for Capital preservation and capital appreciation: on: May 25, 2024, 05:38:24 PM
A lot of variables are concerned about investors investing in Bitcoin which are basically to make Interests.
The thing is that when investors have a dependent source of income aside their Bitcoin investment, they are privileged to keep holding and preserving of their Bitcoin assets and also keep stacking without adhering to FOMO or considering the fact that the current price of Bitcoin is hovering around a particular value does not have potentials of yielding profits.
It is just assumed that they are saving up for future plan with the potentials of making profits and can even be of retirement purposes.

While those who are not alternatively financial bouyant are   stick to FOMO and always considers the minimization of the amount of their buying more on the DCA because their targets are to accumulate and secure chances to make income.

573  Economy / Gambling discussion / Re: What are the limits and common sense of bet? on: May 25, 2024, 10:24:30 AM
I can clearly relate to what you are talking about, it reminds me during I passed out of from the high school and I and some friends engages on dares about approaching older girls passing by, we usually bets with what is affordable that who could have the gut of approaching the girl will take the stake.

Also as when we goes into an argument that seems never to be agreed, everyone believes they are right and to put it up on a tension, we subjects to get on the bottom line to the core to the reality point after a bet would be placed.
One would so much believe that he is on the right track and could bet his valuable such as phone that .... Ok, if I do not get this right as we ventures to find the truth, let me loose my phone. He is just being ignorant that he may loose his valuable and even winning the argument he would still not win any reward.
574  Other / Politics & Society / Re: What is the problem in the east side of world ? on: May 25, 2024, 06:56:59 AM
Reasons for conflict in the East are complex with many things contributing to ongoing tensions. Some key issues include historical & territorial disputes, political & ideological differences, ethnic & religious tensions, resource competition & power struggles. These things combined with a legacy of colonialism & geopolitical interests have created a volatile environment prone to conflict.
Fortune or and unfortunately, the West is also corrupted but they have Only been playing politics out of its geopolitical zones.
I agree that there is more chaos in the East comparing to the West but  truth stands that the East is more volatile to corruptions.

Honestly there had been several countries in the middle East via colonisation that are struggling to stand firm of its independence as a sovereign geographical region.
575  Other / Beginners & Help / Re: My presentation on: May 24, 2024, 04:41:22 PM
thank for information but do i must use KYC and driver license to buy bitcoin? sorry if it sounds stupid but I am totally fresh and am afraid to get scammed. I know binance but they say  I must do KYC and it seems a bit sketzy?

You're required by law to submit AML/KYC if you're using a big centralized exchange or literally any finance-related platform(even banks, as you probably know); this applies to like probably 95% of countries globally.

If you're not a fan of AML/KYC, go with peer-to-peer exchanges like Bisq and HodlHodl.
OP, while @mk4 have made valid points of clarity about the necessary wallets that maybe recommendable for you, let me also let you know that for now that you are coming in as a beginner, I advice you venture on a long term goal so that you can protect your interest of selling at a lower value where losts maybe accounted if you are too desperate to sell your Bitcoin in a short term and so also, venturing on a long term goal would provide you with an unpanicking emotions even when the market price goes against your target. Note it that Bitcoin is a volatile digital currency with the potentials of UPs and DOWNs.

So clearly speaking, holding is the best and for that in the main time, you do not need to have your assets stored on the Centralized exchange such as the Binance for security purposes. Right in the decentralized exchange you can purchase your Bitcoin either on a P2P and have your assets stored on a more reliable non-custodial wallets as @mk4 has recommended.
576  Economy / Gambling discussion / Re: Lunatic gamblers who says Airdrop rewards are free funds. on: May 24, 2024, 02:18:57 PM
Well. I mean.  There are some airdrops which are completely fair and legitimate when comes to actually giving to their participants what it was promised from the beginning, though, most of the time airdrops are a wast of time, in the sake manner faucets are. Though, let us assume your friends indeed managed to get some good luck with airdrops and they obtained some money out of them and then decided to move onto gambling? Does it even matter?

People work and have careers for the sake of earning money to do whatever they want, including gambling and sport betting, those who chase and go after airdrops are faucets are also sacrificing their time for money, at a very lower pace than the average worker, that is. So there is not much of a difference wm between working and chasing airdrops for the same of wagering money.
As long as the activities we are talking about here are all legal and no scam is being pulled off in order for a few people to get rich out the trust and hopes of others, then to me it is completelt fine to use airdrop rewards to gamble.

To each their own.
Apparently the context of this thread does not state about airdrop scamming projects neither does it insight prohibition of airdrop lucky beneficials not to gamble with the funds they made from the airdrop projects.

It is clearly noted that we even afford to have some percentages of our income to gamble, that is absolutely right which is not exempted from earnings on airdrops.

The basic emphasis is that those of uncontrollable gamblers as my friends maybe happens to believe that airdrops funds are free funds so they do not mind having it all to bet on gambling so carelessly without undermining how huge the amount of money involved could be.
Literally such amount of the airdrops funds that is being lavished like that on gambling is beyond their usual gambling budgets.
 That is to say they stakes more with airdrop funds than their reliable source of income source.
577  Bitcoin / Bitcoin Discussion / Re: Do you trust bitcoin holders? on: May 24, 2024, 06:59:24 AM
Well, I am a Bitcoin holder so I did want to say we are not all like this. I am not anti governments and I am not anti banks. I do trust in myself for this reasons. We have to be very patient with our Bitcoin.

I do like what Bitcoin does have to offer. But I do not want to to overpower the powerful governments and the banking systems in this world.
Most definitely, when you lost trust of yourself as a Bitcoin holder definitely you would have others on suspect too but when trust yourself, you would not judge everyone based on how some bigots has been illiciting about the Bitcoin industry.

Right in the first place, Satoshi Nakamoto never projected that Bitcoin was to takeover the traditional currencies to be said that it is an anti Bank system, even at El Salvador that accepts Bitcoin as legal tender on the country, they did not scrap the rendering of their traditional currency.

Bitcoin has unique offers, its decentralization features and security facilities has been what has it the ability to perform those potentials tasks.
So it practically has not tailored to be an anti government technology.
578  Other / Beginners & Help / Re: [Merit] Share your best local board posts/topics on: May 23, 2024, 06:55:02 PM
Quality Nigeria (Naija) Local Board Posts

LINK 1: https://bitcointalk.org/index.php?topic=5487233.msg63808127#msg63808127

LINK 2: https://bitcointalk.org/index.php?topic=5489029.msg63821598#msg63821598

LINK 3: https://bitcointalk.org/index.php?topic=5481364.msg63922137#msg63922137

LINK 4: https://bitcointalk.org/index.php?topic=5489479.msg63826799#msg63826799

LINK 5: https://bitcointalk.org/index.php?topic=5495014.msg64022600#msg64022600

579  Economy / Gambling discussion / Re: Is it proper for younger ones to gamble? on: May 23, 2024, 04:18:01 PM
Sometimes I think that +18 age limit should be reconsidered and adopted to modern realia. This +18 = adult comes from ancient times. Current kids, with access to the internet are more advanced than kids 50 years ago. Its kids today who teach adults. They are much more friendly with modern digital world. Its kids today, who set up, install or modernize every single gadget for their parents. I will not surprised, that in 20-30 years, vehicles will be so easy to ride, that drivers licenses will be available from 14. Not saying that kids at kindergarten age must gamble, but lots of +14 kids already play slots and roulette using counter-strike skins, and "game currency", that parents buy them.

Their childhoods were shaped by a world of high digital connectivity; a world that gives many people a deep technological savvy even before adolescence.

However, in adjusting age limits, we cannot ignore the implications for child safety. Although some children have advanced technological skills, they may lack the emotional or cognitive maturity necessary to resolve problem gambling. Teenagers are still in the learning and development stage; they are vulnerable to the adverse effects of gambling practices, such as addiction and financial instability, which can hinder their future growth and success.

Therefore, even though technological advances are bringing children into a world rich in digital exposure, we must remember that age restrictions in gambling are not just a measure of technological proficiency. They have a lot to say about protecting the interests and strategies for protecting children, both now and in the future. Therefore, it is important to enforce current age restrictions. The goal is twofold: isolating children from the dangers of gambling and providing a healthy pathway to safe development.

However, a child addicted to gambling will cause less problems to himself and people around him if that would do an adult addicted to gambling. Children are much more limited with money than adults, and they have less chances to get them to continue gambling. As they are still learning the world, sometimes I think that they wont give much attention to gambling in general, but rather switch to something that are more in trend. This is not a call to allow them gamble, but how much can they lose? Lunch money and what they got as a gifts. What an adult can lose? Salary, borrowed money, and money he could get from pawnshops.
@bakasabo, I understood your perspective view clearly. It is true that more looses are accounted when an adult is addicted to gambling because the adult would always have those privileges to source for money so he could keep gambling.

But bear it in mind that there would be more tension when a child is addicted because the child can as well attracted to illegal indulgences also for source of being able to gamble more when the child got no cash within the moment.
It could also traumatize the child to loose concentration while learning because all that would be ringing in his head is either for school to dismiss so he could go gambling or going to gambling during school hours, most interestingly, the child goes beyond control as not limited where the adult can sell his valuable just to gamble the child could as well indulge in selling the parents properties for same reason.

It becomes more tension when a child is addicted to gambling because he can not summon courage by himself to stop it like the courageous adults could be, so by so doing, the child could grow up by it by becoming a chronic addicted and wayward adult that was breeded from the childhood.
580  Economy / Gambling discussion / Re: Lunatic gamblers who says Airdrop rewards are free funds. on: May 23, 2024, 02:50:02 PM
There is absolutely no Source of income that is free but some of my Bitcoin investors friends who are as much gamblers would not want to agree to that.
Currently, there had been several airdrops projects ongoing which participants are earning crypto coins without investing of money but executing some tasks.

So some of my friends says such funds are free money so they are delighted dedicating it to be spent on gambling and when they lost it all, it would be easier to let go because they did not stress to get the money.
Meanwhile... This usually comes a huge amount of money beyond their normal gambling budgets.

To me, they can utilize these so called free money by adding it up to their Bitcoin portfolio or even used it to spend on necessary things instead of dedicating to lavish it on gambling.

Have you also considered that these guys can also win big money from the gambling that they are using their airdrop money to invest on?
Hellooo... The last time I can remember, gambling is not recommendable for source of income and so, it doesn't look financially healthy to say they are Investing on gambling. That is ridiculous and misinterpreting about what gambling is about.
There could be a lucky day to be rewarded when one wins in gambling but can vividly say it is a source of income.

Come on gambling can't be associated to losing all the time.
Wrong again, gambling is a game of luck and when your luck never comes then you can loose all the time. There is no just compassion for a gambling casino to give you a winning privilege just because you have loosed a lote. So bet wisely because you can not determine the future of your game.

I believe those your friends are adults and they know what is good and bad, if so I believe that they will be fine, sometimes the problem we have in life is that we expect people to behave or think like us, and when we don't see that happening we become judgmental. 
Hey dude, if you know what friends are meant for, you will not argue with me if I say friends are group of persons who cares and watches each others back and not limited to point out errors when anyone goes wrong. I am definitely not referring to the mile of discriminations and judgemental as you may say.

We should just allow people make their own choices and live with the resulting consequences, be it good or bad. I have seen someone win big amount of money in gambling on football, when the game bet was won, almost everybody around blamed the guy for not sharing the game with them at the initial stage, but this was someone that almost every body was despising because he always gamble. For me since they are adults let them have it their own way.
Obviously while being so greedy in chasing profits and loosing our morales is actually what nurtures irresponsible and addicted gambling.
I don't dispute that there is no big winning in gambling but believe it or not, there is more risks on big winning and so you don't assume because there are chances for big winnings and just keep up chasing those winnings. You may just end up running bankrupt and ruining your life.
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