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641  Economy / Economics / Re: Can Bitcoin help global refugees and migrants to relocate to new countries? on: November 03, 2023, 05:34:26 AM
I am saying there are a lot of things that Bitcoin can do for these people and we as a Bitcoin community should brainstorm ideas on how to help them.

Let's take this scenario : You live in a country where a terrorist organization are forcing you and your children to fight for them or be killed. So you decide to flee the country to protect yourself and your children. So you pack your earthly possessions and you flee on foot.... but you know the enemy knows this and they are waiting for you on the way. (There are also groups of thieves that are raiding people that are fleeing the country)...... What do you do with your wealth?

Solution : Convert the majority of your wealth into Bitcoin.... use a safe online method to store your private key and/or Seed to keep it safe... then try to cross the border.... then retrieve the stored information and convert it into the currency of choice and begin a new life.

We as a Bitcoin community with a lot of talented developers, can create an online or offline solution to protect those coins, because it is all they have.  Roll Eyes
642  Economy / Economics / Can Bitcoin help global refugees and migrants to relocate to new countries? on: November 02, 2023, 06:08:59 AM
We are seeing conflict in many countries all over the world and many of these people are fleeing their country of origin, because they are going to war and their local currency and economy are collapsing.

The question is..... Can Bitcoin help these refugees?

We know that Ukrainian Banks closed their doors, when the first bombing started and most Banks do this when there are a possibility of a war. So how do people get their money out of the "Banking" system, when Banks close their doors?

We also know that the Banking system are reluctant to open Bank accounts for foreigners or refugees in the country where they end up.

"In April of this year, Binance Charity launched the first-of-its-kind Binance Refugee Card for all current and new Binance users from Ukraine forced to move to EEA countries as a result of the war with Russia, the card and crypto-based cash assistance helped 15,000 Ukrainian refugees and internally displaced people." - Source : https://www.binance.com/en/feed/post/93305

How can Bitcoin help these people to relocate and continue with their lives in a new country?

1. Brainstorm "safe" methods to convert Fiat to Bitcoin
2. Provide offline and online cold storage solutions to protect their coins.
3. Provide an easy on-ramp to convert Bitcoin to Fiat and the other way around for refugees.
4. Offer reliable and trustworthy P2P services for these vulnerable people, when they arrive in a new country.
5. Keep the transaction fees at these services as low as possible, to give them more money to start a new life.

Let's discuss more ways for Bitcoin to help these vulnerable people, so that we can help them to continue with their lives.... and eventually return to their country of origin.... when the conflict are done.   
643  Economy / Gambling discussion / Re: Beginner needs your advices in gambling. on: November 02, 2023, 05:41:12 AM
Well, try out the casino in my signature or Stake.com and try to play the original games.... because they allow for much smaller bets. Is this your first time gambling?

My advice to prevent gambling addiction, is to stick to a budget. Never spend more on gambling than what your budget allow and stop gambling if you cannot control the urge to gamble. (You cannot determine in advance, if you are going to be addicted or not... but you can bailout early, when you start seeing the signs that you cannot stop)

Gambling should be fun and it should be a form of entertainment (like watching movies) ....so stop gambling if it is not fun anymore.  Tongue
644  Economy / Gambling / Re: 🔮DestinyX.com | Where Fun Meets Betting, Gaming, and Crypto! on: November 02, 2023, 05:34:35 AM
I think you guys need to investigate your "restricted" country list, because I am not from a restricted country and I am also getting the restricted country warning. I enabled the VPN for countries that I know that are not on the restricted list and it gives me the same error.  Roll Eyes

I play without a VPN on many other Crypto casinos without any problems, so your list must be super strict or you might have a glitch in the system.

In any way, I will check in again.. to see if this was resolved.  Tongue
645  Bitcoin / Bitcoin Discussion / Re: Bitcoin Whales moved $230 Million to New Address on: November 02, 2023, 05:26:48 AM
Well, we know that we are on the brink of a Bitcoin pump and people predict that it is going to beat the last All-Time-High (ATH) price, so I guess some of the early Bitcoiners are getting ready for that.  Wink

A lot of people think this is just a movement of coins out of Cold storage by old miners to cash in on the free coins that were generated by the forks, because those forked coins are more valuable now.  Wink
646  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Still A P2P Electronic Cash System ?. on: November 02, 2023, 05:19:24 AM
The problem is not with the "users" of the technology, but rather with the governments and their definition of Bitcoin. Bitcoin is not accepted as a currency in most countries and they define Bitcoin (Crypto currencies) as a Commodity, so people cannot accept it as legal tender.  Roll Eyes

So, if merchants and businesses are not allowed to accept it as a currency and the government allow you to trade it as a commodity, then you hodl and trade it....and where there are online opportunities to use it as a currency, then you do that.  Wink
647  Bitcoin / Press / Re: [2023-10-21] Bitcoin spot ETF launch could drive $155 billion in fresh money... on: November 01, 2023, 07:09:42 AM
I think it is going to happen soon, with all the military conflicts happening all over the world and investors looking for investment options that has a store of value.

I also think the US Securities and Exchange Commission (SEC) are running out of excuses not to approve this and the submissions that are done are covering all the legal requirements for a approval.

The only reason why it might not be approved, is if there are some political influence not supporting this.  Roll Eyes  This is not a pseudo anonymous financial instrument, we are talking 100% regulated and centralized control and 100% KYC requirements.
648  Economy / Economics / Re: Isn't Fiat the Real Ponzi on: November 01, 2023, 06:55:32 AM
A Ponzi scheme takes money from people to pay other people and it does not generate any income from that system. Fiat currencies are printed by the government, so they are not taking the money from the people to pay the people... they simply print it out of thin air.

Yes, it creates problems like hyper inflation and the general public suffer as a result of that, but you cannot call it a Ponzi scheme. The same can be said about Bitcoin, because Bitcoin are created from "code" and it does not generate any income other than the increase in the value over time.

People should properly research the working of a Ponzi scheme, before they start spreading nonsense like this.  Roll Eyes
649  Economy / Gambling discussion / Re: Is this how it start? (No or yes?) on: November 01, 2023, 06:47:24 AM
You become an addict, when you cannot stop gambling and when you start depositing more money than what you can afford to lose. The $20 that you deposited, might be a small fraction of your total income.. so it does not matter, but for some people... $20 is 80% of their income, so then it becomes a big problem.

My advice, stick to your weekly or monthly "entertainment" budget and do not touch any other money that are needed to pay the bills or to sustain yourself. (Food & clothing etc...)  Wink
650  Economy / Gambling discussion / Re: Looking for stake alternatives on: November 01, 2023, 05:55:05 AM
Which casinos have good keno game. (original)

But not rigged like stake

I am more interested in hearing more about Keno being rigged at Stake.com? Do you have actual proof that it is rigged or are you just a competitor trying to discredit Stake.com?

A lot of gamblers lose money at casinos and then they blame the casino for their losses, so are you one of those? Please post some proof that Keno is rigged, so that we can agree or disagree with you.
651  Bitcoin / Bitcoin Discussion / Re: Is the irreversibility of Bitcoin transactions a downside for an average person? on: November 01, 2023, 05:46:11 AM
I personally support the irreversibility of Bitcoin, because it adds trust to a system that should in theory be better than it's competitors. Yes, it is bad when you are on the sender side and when you made a mistake with the transactions, but when you are the receiver and the sender cannot reverse a transaction... then it is a added bonus.

In any way..... we signed up for this, because we wanted financial freedom and also because we want zero third parties being able to reverse transactions... so we should accept the consequences and just be responsible.  Tongue
652  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team on: October 31, 2023, 05:58:37 AM
Guess who got a halloween post monthly today, as usual stake.us, haha.

The forum is going wild again, which is easy to understand.
Seems like the appreciation level for the .com users is below the .us.

They said they have something coming up for halloween, and all I see are some random telegram NBA bonus drops ( 2 of them) that were gone in 10-20 seconds, also at a time where only US customers are actually awake.

Same old with this site.

Halloween is not just a USA thing anymore, so I do not know why they only gave a Post Monthly to the .US players.  Huh Huh  They also focus more on the US Sports when it comes to promotions and Bonus drops.

There was not one promotion or drop for the Rugby World Cup, that only happens once in four years.... and I am not seeing anything for the Cricket World Cup. (Just NBA / MLB / Logan Paul / NFL / NHL)  Roll Eyes Roll Eyes Roll Eyes
653  Economy / Economics / Re: Bitcoin: The smartest investment choice. on: October 31, 2023, 05:44:54 AM
You will never convince "old money" supporters like Warren Buffett and Charlie Munger that Bitcoin is a good investment, because they hate competition. They want money to be invested in Berkshire and it's investment options and not into some competitive offering that they do not understand.

This is why most of the old school super rich guys are against Bitcoin and making ridiculous statements about it. We should stop listening to people that do not want to change and those who do not want to evolve. Those people support their rich buddies and their circle of friends and the rest are just cannon fodder for them.  Roll Eyes

654  Bitcoin / Press / Re: 2023-10-20 Barrons - Fidelity Says Bitcoin Trumps Other Digital Assets on: October 31, 2023, 05:35:29 AM
I think many of the skeptics can now see that Bitcoin is much better than any other Alt coin, just by looking at the hash rate backing it and also the large merchant network that gives it utility value.

We just recently saw how easy a 51% attack was on one of the shitcoins {PlusOneCoin} ...and we know this is almost impossible with Bitcoin, so that in it self, should give investors and users of Bitcoin some confidence in it's security.  Wink
655  Bitcoin / Bitcoin Discussion / Re: What is your one memory related to Bitcoin that you want to forget? on: October 31, 2023, 05:29:02 AM
I think it would be the time when I thought DodgeCoin was a waste of money and I could have bought it for next to nothing.  Roll Eyes  I also did the same with Shiba Inu ...when it came out and after Elon Musk hyped it, the price went balistic, so I would have made a killing if I bought a shitload of those tokens.  Tongue

In the beginning Bitcoin was King and in the opinion of many Bitcoiners.... all other Alt coins were shitcoins, so we never bought any of those coins and missed out on a lot of profit.  Tongue
656  Bitcoin / Bitcoin Discussion / Re: New way to keep your seed phrase secure. on: October 31, 2023, 05:23:13 AM
Well, whomever got access to the Seed phrases will quickly realize that the Seed words were translated into another language and then they too can use Google Translate to translate it back to English.

If you want to confuse a thief with the Seed, you have to break up the Seed words and phrases into something that only you would be able to decipher. Example adding you own words or letters or breaking it into separate words or mixing the order of the words.  Wink
657  Economy / Gambling discussion / Re: What according to you should be the age to retire from gambling ? on: October 30, 2023, 06:13:58 AM
The sad truth is... a lot of old people are still gambling out of desperation. A lot of these Pensioners did not save up enough money to have a decent pension fund, so they try to win something huge to supplement their pension fund.

This obviously never happens for the majority of them and they lose a lot of money doing this. The younger people can still work and make more money when they lose a huge amount over time, so they have a way to recover when they failed.

It is so sad to see this, but there are exceptions.. where some of them are just doing this for entertainment.  Wink
658  Economy / Gambling / Re: Evolution — report for Q3 (HOW THEY EARN THAT MUCH?) on: October 30, 2023, 06:05:32 AM
I think when you have very little competition and most of the casinos are using your games, it is all about numbers. It is mostly Pragmatic and Evolution that are dominating the "Live" gaming space, so they are sharing most of the profit that are derived from that.

I also think the odds are stacked heavily in favor of these gaming providers to win most of the bets, so people that are uniformed ..will lose more money on these types of games.  Tongue
659  Economy / Economics / Re: Almost All Countries Affected by Inflation, Opportunity for Bitcoin! on: October 30, 2023, 05:47:56 AM
Well, one thing can help Lebanon ....

1. Stop supplying Hamas with weapons to fight the Israelis, so that your economy can improve, because those weapons are funded by money that could have been used to save their economy.

2. Switch over to using a more stable Fiat currency, like what happened with El Salvador ....or start buying some Bitcoins to beat inflation and to prevent hyper inflation.

Money are wasted on political egos and religious wars and the citizens of those countries are the ones that suffer the most.   Roll Eyes
660  Bitcoin / Bitcoin Discussion / Re: Bitcoin Solves This - Money and Banking on: October 30, 2023, 05:35:56 AM
Yea, the moment when you start to understand things like "Fractional reserve banking" and how Inflation are calculated and also manipulated and how much control governments have over the supply of fiat currencies, then the light goes on ...when you see how different this is with Bitcoin.

We live in a world where too many people live like sheep..... they do not question anything and they just accept the norm. This continue until something goes wrong... or until they see how it is supposed to be.  Tongue
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