So Holyfield backed out from his similarly hyped fight with Mike, right?

That's what I expected since Evander is no one's fool as you wouldn't really believe Tyson's words that he is a different person now (and neither is Holyfield, for the record). So Mike found another victim, not quite of his league but still. What's next or rather who's next once Jones wisely bows out at the last moment? Is he going to fight Floyd Mayweather then or what?

I'm not sure about the number of "offline" casinos growing up

In these times of continual lockdowns and quarantines it is hard to expect the number of regular casinos to rise. Rather, we are going to see many of them shutting down. Online casinos, however, are certainly to see a boost, and this is kinda inevitable as the number of gamblers remains more or less the same, no matter the circumstances. Even in the case of an all-out war or some other global disaster, there would be enough gamblers sticking around and ready to roll. Let's call them career gamblers

That depends on your definition of DeFi

Do stablecoins count as DeFi? Pretty much, if you ask me. Does decentralized trading count as DeFi? Same as well. But there is value behind these endeavors even if there is some hype in it too. There are probably other fields of DeFi that have substance after all. It is like calling all cryptocurrencies shitcoins and ICOs scams, which is not correct. Even if true for the most part. Time will separate the good from the bad as it always happened in the past


I meant decentralized stablecoins, obviously

I'm not very good at push-ups or pull-ups, but when it comes to fuck-ups...

Well, some clarifications seem invited

First of all, inflation is generally useful for people living on credit. I'm personally aware of a few cases when a sudden, unexpected surge in inflation rates helped people to pay back their debts with cheaper money. Indeed, it is not always the case, but in general inflation is good for borrowers and bad for lenders, especially the type which can't be easily envisaged in advance and still more so for long-term loans

Then, rich people profit from inflation not so much because their wealth is in solid, inflation-resistant assets (as this can be equally true for simple people too) but mostly because they are the first to receive the money before it starts to lose value. Simple people, on the other hand, are the last to get their hands on the newly printed shekels and thus unwillingly become the target of inflation and have to bear all the nasty consequences of it

It doesn't actually make any sense

Okay, people are hurting Mother Nature. But our impact is incomparable to global disasters of entirely natural origin like a supervolcano erupting and freezing Earth for enough years to kill 99% of existing species (think Yellowstone). And I'm not even speaking about dangers of an asteroid smashing Earth to pieces. Ironically, in this vein humans can be considered a safety net or insurance for Earth as we won't let that happen even if right now we can't do much. In other words, the price paid is definitely worth it by any prudent investor's measure (read, such rhetoric is typical environmentalist bullshit)

Are you afraid that something bad happens to your gains?

Or you will have a change of heart in the morning and feel like you want to continue playing? If I remember correctly, to move funds to the Vault, you need to provide your password, and I'm not sure it is a good idea to bypass this check as your proposal implicitly assumes. So you would still be stuck at this point

Maybe I'm missing something

But can't you just stop the autobet session after reaching the desired amount of profit? Then you can safely transfer your winnings to the Vault or even withdraw them altogether. As I see it, in that way you would be able to squeeze even more satisfaction and pleasure from your string of lucky breaks. First you win, then consciously move your coins to the Vault enjoying every moment of it

It's an excruciatingly complex matter

So don't jump to conclusions prematurely. For starters, do you know how many people would die instead of those who died of Covid-19 if it hadn't come about? I mean, road accidents that didn't happen and similar stuff? We don't know that. But what we do know is that the death toll of road traffic crashes is approximately 1.35 million people per year on average. The point is, we should tread lightly here

DeFi is not like cryptocurrencies

Fiat and cryptocurrencies cannot live (well) together, and in this manner, it is possible to say that cryptocurrencies are threatening fiat (even if purely hypothetically). But financial services are just services rendered by one or another company. If they are now providing them in a decentralized fashion, the same services, can we then claim that there is some kind of threat involved? Personally, I don't think so. It is not correct to speak in terms of threat or danger here. It is the same stuff but done in a different way, yet another different way as there can be many, actually dozens

In fact, that remains to be seen

If the dollar depreciates and Bitcoin appreciates proportionately, there will be no real gain. Yes, Bitcoin will be worth more in dollars, but will it be worth more in real terms? To actually benefit from holding your funds in Bitcoin, it should rise faster than the rate at which the dollar loses value. Only in that case you can say that it is worth the effort compared to other investment assets which are going to outperform inflation (stocks, whatever)

And you have just explained how it can make a country more powerful without even making its economy any better. In other words, if the digital yuan turns our more convenient than the non-digital dollar, this alone will make China more powerful on the international level. It won't necessarily make the yuan stronger than the dollar on its own, but it will certainly make the dollar weaker. And from the Chinese point of view, that may be a great deal already, a big step forward

As the saying goes, well begun is half done

The short answer is, it depends

If this currency is used only within China, it is not going to change anything. Well, if it turns out more efficient, it may help China a little, of course, but I don't think that much. On the other hand, they are developing not only the digital variety of yuan but also a kind of regional currency. This is a different matter, and since many Asian countries such as Japan and Korea have already expressed their favorable attitude toward such a currency, it may be a game-changer for this corner of the world (read, the dollar domination may be undermined)

Yes, you are right

I checked doges, and for me the basebet is 0.38 doges for flashbet. It basically proves that martingale is a statistically winning strategy on a finite timeframe that could be used to drain casino dry if a lot of people started to use it wisely provided certain conditions are met (like very small basebet amount). With that minimum bet, martingale becomes less than useless. Flashbet enables such use, so it is rendered innocuous by a high minimum bet amount. Actually, I wrote about that too, many times in fact, that no casino would allow to profitably use this strategy en masse

I don't think this is the case with Wolf.bet

And if I remember correctly, there's a discussion somewhere in the bowels of this thread on the matter, with some feedback from the casino. In short, they are not a dedicated dice site as they simply lack enough resources to build more complex games and keep up the high standards they seem to follow. In other words, they go for quality over quantity, and this is a good thing if you ask me. Were they the first ever to come up with flashbets and how many other casinos have implemented this feature by now?

I was a starter of one such thread not so long ago

Here it is, for the inquiring minds. As the poll results there have shown, in order to be a decent Blackjack player, you must count cards (apart from it being a legitimate skill). Given this and with respect to the land casino environment and circumstances, it all eventually comes down to how good you are at both card counting and hiding your mindwork from the casino



Put differently, now you should master two skills instead of one

There are many reasons why people may prefer gold over Bitcoin

Bitcoin largely remains a speculative asset while gold is a genuine store of value, although some consider Bitcoin a store of value too. Physical gold is better as a store of value partly because it doesn't rely on anything other than physical laws which are unlikely to change in the foreseeable future and turn your precious gold into useless lead. Bitcoin, along with its cryptocurrency brethren, on the other hand, is much more vulnerable in this regard, and anyone who is seriously going to challenge that point should first check their sanity and intelligence scores

On the other hand, it will give a boost to healthcare

Sooner or later, people will find a way to live with this virus even if it won't be possible to eliminate it completely (which seems to be the case). Somehow, we now live with HIV, and given that the amount of damage that the coronovirus causes doesn't take years to pile up, it is rather sooner than later (we simply don't have choice). Personally, I tend to think that 2021 won't be a lot better in terms of economic development because the effects are long-term

Yeah, they say that hindsight is 2020 but who saw this coming?!

Other than that, a great deal of things require time to develop. And what adds insult to injury here is the fact that some changes go completely unnoticed all the way down the road, and then, boom, here comes a quantum shift and you find yourself in an entirely new, sometimes alien world

You are on the right track

Though not still there. You should sell not just the amount you need for your everyday expenses, but a somewhat bigger portion of your stash so as to be able to buy back at pullbacks. When you eventually get the hang of it, you could live entirely off the volatility in the cryptocurrency of your choice (and while we are at it, Litecoin seems to be the best choice). Now add strong fiat inflation to the mix, and you will see how you can use it as a leverage or multiplier