Why not ban Usury?

Before attempting to answer the question, I'll lay out a "best case"
for an economy. The USA has the best data, so it's the choice.

If the USA continues its present course, except that spending
on Defence and they somehow manage to keep the present trade balance
then I suggest the following outcomes in ten years time:
Wages and prices will double, there will be a ten percent increase
in population and in real GDP, and the national debt will increase
from $20Tn to 30Tn.

In real terms, defence spending halves, the trade balance halves,
and the US national debt falls by one third. Pensions and entitlements
increase in line with inflation, and employment remains near it's
present level.

While I expect things will turn out worse than that, if you want to
make a case for banning Usury, you'd best think of ways to improve
economic performance, because present economics relies totally on
the ability to charge interest. Bear in mind also, that when you
strip away things like the power to create debt, you may find that
things like GDP are no more substantial than the imaginings of a
collective delusion.

It seems to me that promoting cryptocurrencies, for example Bitcoin,
promotes the idea of a ban on Usury, because it would be difficult to
have one without the other. I'm keen to hear any views on why that
isn't a good idea.

anyone can give out your opinion about bitcoin in 2017 please

will growing trend keep continue in 2017 ?

do you think it good oppotunies for more shop accepted bitcoin ( paypal, amazon ?)

which country market will be the central for bitcoin in 2017 ( india , china ?  )

Yes everyone will agree, hopefully in 2017 is better than 2016. I hope in February 2017 the price reach $1,000 and December 2017 reach $2,000. It's time time to buying bitcoin.

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner

Alibaba’s Jack Ma: “Everyone Should Have a Bank Account.”

https://news.bitcoin.com/techfin-alibabas-jack-ma-bank-account/

What do you think about this?

I'm a new person involved in bitcointalk forum, I want to make Bitcoin, the method to get Bitcoin on the internet that I have read as:
1. typing to make Bitcoin free capcha => has been very little, your computer vulnerable to viruses invade
2. Investment in the website => almost all are scams
3. gamble => this is a violation of law
Please share with me what do I do to get Bitcoin?

Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.

2 hours later, another 8btc thread  gave out the true reason: BTC38 was hit by a hacker with approximate loss of 1.5 million RMB.

“As a result of the server logic problems on 21st Dec, more than 10 million Bitshares, over 10 million NXT and some BTC/LTC were stolen from the exchange’s hot wallet (estimated total loss of  1.5 million RMB). We shut down the server immediately and stayed up all night to fix the problem. We have reviewed our wallet deployment plan and made new adjustments. We will take full responsibility for the total loss of the digital asset (market buyback).” The most important assurance is that all funds are safe in the hands of BTC38.
BTC38 explained the delay to calm down the market:“As we are currently redeploying the wallet, the service for certain coins will be resumed gradually.”

http://news.8btc.com/exclusive-btc38-hot-wallet-got-hacked-and-lost-1-5-million

EDIT2: Another question to ask, is what is your opinion on the topic of kids gambling, do you think it is a growing problem or a problem alone for that matter?

EDIT3: What is the best way to counter this problem without websites having to know your exact identity?

Trump picks 'Bitcoin Congressman" Mulvaney for budget chief among others. Mulvaney has been a consistent Bitcoin proponent and while some do not agree with Trump's policy, his picks can do extreme good for Bitcoin.

https://mulvaney.house.gov/media-center/articles-op-eds/sc-republican-among-founders-congressional-bitcoin-caucus

Mulvaney,
"Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy, and the delivery of government services, and I am proud to be involved with this initiative on the ground floor." He also praised bitcoin as a currency that is "not manipulatable by any government."

Here are other Bitcoin proponents in Trump's movement,

Peter Thiel (Trump's advisory board), investor in Bitpay and vocal supporter of Bitcoin.

Elon Musk (Trump’s Strategic and Policy Forum), publicly said that Bitcoin is "probably a good thing"

Indra Nooyi (Trump’s Strategic and Policy Forum), publicly supported blockchain, called it "the technology that could profoundly impact the way we manage issues of trust, security and privacy for years to come"

Ginni Rometty (Trump’s Strategic and Policy Forum), a vocal advocate of blockchain: “The blockchain will do for transactions what the internet did for information.”

I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

Article at link:

http://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/#3e024ad522db

Lessons learned:
2FA using SMS is badly compromised.
You can't outsource your computer/cryptocurrency security to a 3rd party like your phone carrier. It's a recipe for disaster.
Hackers are targeting prominent bitcoiners - but it's only a matter of time for the rest of us.
Thieves are impersonating prominent bitcoiners, asking friends for "loans" of BTC (etc) - which just means more victims.
It's not just bitcoins - bank accounts and everything else are vulnerable. (And you can't fix those with a Trezor or paper wallet.)

What else?

I still wondered after watching one dice gambling tips on youtube. she suggested to use a vpn American countries. Do you think the state and affect our current location to gamble? , please give your opinion

i have been playing dice for a very long time and all this time i have been trying so many different gambling strategies.

1) martingale strategy (the common way)
the normal/common way of using the 2x multiplier and increasing the bet size 100% on lose.

2) martingale strategy with different multiplier
the same thing but with different multipliers hence different increase on lose.

3) Anti-Martingale
also known as reverse martingale. which is the same thing as martingale but you reduce the bet on loss and increase on win.

4) Random bets
whenever i am tired or just want to have some fun i make random bets. i choose some random amount, multiplier and click roll and this is actually pretty interesting strategy because the outcome always surprises me.

5) if you have any other strategy please share it here with us.

Edit: i am not talking about a dice method for 100% win rate! that would be absurd. i am asking which method you like better, and enjoy using or have better results.

I would like to know what is your pain and the problems that you face the most with the bitcoin technology?

For myself, when I started was how to send and receive bitcoins. Also, took me a long time to understand the value and the difference between the Satoshi and Bitcoins.

Qihu 360, the leading IT company in China, releases an annual report on the development of ransomware in China and predicts 10 times growth of potential victims or 50 million in 2017.



http://news.8btc.com/chinese-bitcoin-ransomware-report-11-9-victim-pay-to-recover-their-files

In traditional investments, long term is most often considered to be a minimum of 5 years. But bitcoin seems to live its life in hyper drive, hence the question to the bitcoin world, what is long term to the average bitcoin investor?

Go guys!
In many cultures and countries is gambling consider as a bad thing which only the poorest and silliest ones do. Many gamblers try to hide that they gamble from their friends and families and feel really shameful for that. Do you consisted gambling as a bad thing? Do you feel shameful or proud for being a gambler? If it is shame what you feel what do you about it? How do you hide you're a gambler and who do you hide it from?
Let others know!

Is wallet the only proof one has of his bitcoin?
Can it be owned or kept in any other way? Like in literal or real rather than currently available only virtual way?
So all the bitcoin one owns is actually the wallet/s he has?