I’m UK based but I’m glad, we need to start getting back to normal soon. This pandemic has claimed lives but really it’s a tiny, tiny % of the numbers that get infected. We can’t hide away at home forever, economies are collapsing, unemployment numbers are increasing. We need to get back to some kind of normality.
It's a mistake opening prematurely without a vaccine been develop it's really bad for businesses to open right now especially the current number of infected in the US is more than 4 million. Yes it might be the solution for being jobless and financial crisis but in exchange they will endanger so many lives. In terms of Nevada, I guess that is because casinos and bars are the main ones why they are getting great profits. Another thing is that there are a lot of people that are not actually following the protocols that is why the cases are increasing like crazy. Just to be clear, are you talking about the protocols within the casino, or in general? Because if people are not following the protocol in a casino, then the owners will likely face the punishment for not implementing the rules. Not just casinos but also bars where it is said that they are still throwing parties in there. As far as I know they are now restricting those and I hope it can help them decrease that spike. https://www.cbsnews.com/news/nevada-coronavirus-restrictions-bars-restaurants-again-as-covid-hospitalizations-spike/They still gambkle offline rather than taking care of themselves and gamble online.
You can't take from them what they like, and not everyone are aware and know how to gamble online, these people still prefer a land based casino. Yeah but that just put them on risk. I am saying this not in the perspective of taking their freedom to gamble offline, im saying this in perspective of taking care of themselves, to not be contqminated by the virus and help their country flatten the curve. |
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I’m UK based but I’m glad, we need to start getting back to normal soon. This pandemic has claimed lives but really it’s a tiny, tiny % of the numbers that get infected. We can’t hide away at home forever, economies are collapsing, unemployment numbers are increasing. We need to get back to some kind of normality.
It's a mistake opening prematurely without a vaccine been develop it's really bad for businesses to open right now especially the current number of infected in the US is more than 4 million. Yes it might be the solution for being jobless and financial crisis but in exchange they will endanger so many lives. In terms of Nevada, I guess that is because casinos and bars are the main ones why they are getting great profits. Another thing is that there are a lot of people that are not actually following the protocols that is why the cases are increasing like crazy. They still gambkle offline rather than taking care of themselves and gamble online. |
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Indian government has always been confused and indecisive about bitcoins and their usage because earlier they banned bitcoins and made a clear statement that no transactions are allowed. Suddenly all the exchanges that were developed had to shutdown and later they said that they don't appreciate bitcoins but allow the transactions.
the government needs to understand that in a country where the tech is already so far behind, if they won't allow exchanges an other startups to operate how do they see any progress at all? I mean they should be encouraging such startups while they are actually against them which doesn't give positive signals about progress in coming time.
Now the restrictions have been lifted, even Binance started to develop their trading platform in India so they bought an exchange called Wazirx few months back so definitely there is a potential market in India but as you said government proposed a draft to ban cryptos completely so its like confused status there. I think we should not just base the economic growth of India to the incoming investors of the country to crypto currencies. There are other factors that the country is now following China in this terms. Right now articles are stating that the country's GDP will lose its momentum this 3rd quarter. Link here. Almost every country is going to face that situation in 2nd and 3rd quarter probably for some years due to the crisis made by covid 19 but particularly about crypto market we can see the growth, more exchanges started to operate which will bring more revenue than before so there is a lot of potential there for investors. It is true that the investors of crypto currencies as well as crypto markets are increasing, but what I am trying to say is that there are other ways that India made their economy grow. They are mainly affected by the pandemic and I guess if that didn't happen their economy would continue to rise and their acceptance of crypto currencies will help that as well. |
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Indian government has always been confused and indecisive about bitcoins and their usage because earlier they banned bitcoins and made a clear statement that no transactions are allowed. Suddenly all the exchanges that were developed had to shutdown and later they said that they don't appreciate bitcoins but allow the transactions.
the government needs to understand that in a country where the tech is already so far behind, if they won't allow exchanges an other startups to operate how do they see any progress at all? I mean they should be encouraging such startups while they are actually against them which doesn't give positive signals about progress in coming time.
Now the restrictions have been lifted, even Binance started to develop their trading platform in India so they bought an exchange called Wazirx few months back so definitely there is a potential market in India but as you said government proposed a draft to ban cryptos completely so its like confused status there. I think we should not just base the economic growth of India to the incoming investors of the country to crypto currencies. There are other factors that the country is now following China in this terms. Right now articles are stating that the country's GDP will lose its momentum this 3rd quarter. Link here. |
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I think the primary reason why economy going down because of corruption. Next is because of unexpected pandemic like Covid19 virus that caused a worst effect to our economy and to the life of everyone.
Not all of the government can corrupt the money they have, some can't be noticed and the reason why their economy is in bad shape is because of the bad decisions they made. They focus on other things and when a natural disaster comes in like this pandemic, they don't have a budget to hold the country. |
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This is a nice artwork. It is also interesting to read the thread since we are talking about Satoshi Nakamoto and coincidentally, I am watching DeathNote which is an Anime with a certain person hiding from the public, Kira but we can't really compare the two. And I agree that since we are talking about "us" all being Satoshi, I think you should just make a artwork based on males. Male or Female, since we are not just all males here should be the representation of your artwork. Stil it is really impressive.
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As far as I know there are still a lot of people like you in your country and I guess you should be really careful. I read an article that says the government are trting to warn people about using it and finding users of it since it is banned. You can go to jail but as long as you keep yourself hidden, I guess you are fine but you should be wary of the consequences that might happen.
Bitcoin is banned in your country but I can't say you should'nt do that but since we are in times of pandemic, all we can say is that, desperate times call for desperate measures.
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 One such in England (an NHS Nightingale Hospital) With such open space, how do they plan to separate those who might be ill, from those who is ill and in serious condition? They all breath in one area. Even with up-to-date air cleaning system, some bacterias will move freely in the whole are. I don't get this since all of the patients that will be lying here are Covid-19 cases. Obviously, they have their safety measures there. The bacteria they are only thinking there is covid and I think they have their procedures fighting them. I don't know but it seems that you are belittling these health workers whose knowledge about the virus might be much better than you. |
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But there are consequences to that. Cases in Nevada are growing very quickly now. And if the cases don't stop to rise state authorities will have to lock down Las Vegas again.  The pandemia is still very active. I think they'll have to close Las Vegas soon if things don't stop to get worse.  It keeps happening. https://www.rgj.com/story/news/2020/07/25/live-updates-coronavirus-covid-cases-in-washoe-county-nevada-reno-las-vegas/5507570002/New cases and it is breaking records. We all know the possibility of this happening but I think it will continue to increase over 40K cases if they don't put some measure to keep the number increasing. Is it the people or it is just that the government doesn't care? As @deisik said, the government already did their job and it all lies to the people whether they care about themselves or they just wanted do do what they want. The fact that we are seeing the cases increasing means people won't stop gambling and maybe they think this is how they will help with the economy. |
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Well, if they really wanted to gamble I guess they will really find a way to do so. People should really manage the money they are spending especially if that is in gambling since casinos will be happier spending their money there. Some of the people here are even doing cockfighting outside arenas which is illegal here and since it is pandemic but people are srill doing it.
You have spoken well about the human need for gambling. If a person likes it and is used to this feeling, then even during the ban of games, as now due to the pandemic, they will look for a place to play. So it is very good that there is an online casino otherwise such people would have to play in underground casinos. They will really go beyond laws so that they could just gamble. I think this is the reason why other people are taking advantage of it and making places they could meet. I guess that is the reason why the government are just allowing casinos to function so that they could also get taxes from their vices. |
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Before corona I would have said it's going to take a very long time to phase out physical cash but now with the new normal it might be much faster. People got scared using cash in the stores because of catching the corona virus. Almost all stores asked their customers to use electronic payments. Even thought spreading of corona via money is very unlikely.
so most of the payments I see now are either done with a card, just holding at the sensor or even via phone. Probably after corona is gone this will not change back.
And banks will still continue to exist right? Even though people stats to widely use cards, I don't think they will just phase out physical cash or currencies. People don't want to put all of their money in one place so either they have most of it in the banks or sone of them in their house. We are in a pandemic and people are continuing to use physical cash more than other payment methods. People using online payments or mobile payment increased, that is true but most of the people are still using physical cash. |
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Because the government sees that bitcoin or other cryptocurrency is doing well specially today that we are facing a pandemic and digital transactions helps a lot for us to prevent from getting infected of the virus, so they want to impose tax even though bitcoin is decentralized. But if it's really necessary,they should just impose it fairly and correctly.
Desperate times calls for desperate measures as they say it. I know that the government are having a hard time managing funds left and right but I think crypto currencies would be out of this matter. One of the officials of DENR (DEPARTMENT OF ENVIRONMENT AND RESOURCES), capslock intended, want to reopen closed mines. The first lines says it all but is it really necessary? This just proves that they will not be counting crypto currencies as a source of the tax they are getting since they will be looking closer to what more they can abuse now. |
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Usually, these hackers throw them to mixers so they will be leaving no tracks. And thay point, obviously the price of bitcoin will be affected like the talks of the past dump last month. We can't really say it is mainly because of those hackers but still, with a lot of bitcoins to dump to a mixer, that would leave a mark.
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Well, there are a lot of reasons to say not do that but I want to use some of it so some are stored in a local exchange wallet. Usually I am using it to pay for the internet, bill payments and mobile load. I am also playing some online games so I usually buy in-game currencies there as well.
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If you look globally, casinos can be attributed to bad things, because as you said, it ruins the lives of some people, and as we know most people are not successful in casino games. In addition, here you can add the fact that people who lose in a casino become temporarily unable to provide for themselves, their family, as well as pay for services and taxes, of course, everything depends on the degree of wealth of the individual. All this leads us to an even greater degree of deterioration of affairs locally around each individual, and globally between all of them within the framework of a separate state and, if you look above, the world. Add money laundering and other delights with which it is connected here, we will get a far from unambiguous result.
There are many things that destroy people's lives and do it very quickly. For example, if you become addicted to alcohol, you can stop being a normal person. Everything is good in moderation. You need to know this and strive for it. Many people have lost their property and families due to their addiction to casinos. However, this does not mean that the casinos should be closed and denied access to all people. That is right. Usually people would just ask why not just close casinos when there are a lot of people addicted to gambling. There are a lot of reasons for that but the main one is that it gives huge taxes to the government that they can use to improve or develop a country. Another thing is that they are always warned to do things moderately, to be responsible so they should not blame it on casinos. It's easy to make a decision and ban something. However, you should keep in mind that if you ban official casinos, underground illegal casinos may soon start appearing. An excellent example is the time of prohibition in the United States. Then, too, they tried to ban alcohol and we all know what it led to. Well, if they really wanted to gamble I guess they will really find a way to do so. People should really manage the money they are spending especially if that is in gambling since casinos will be happier spending their money there. Some of the people here are even doing cockfighting outside arenas which is illegal here and since it is pandemic but people are srill doing it. |
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Thanks for fixing 😂 didn't notice that, anyways we're all hoping that this pandemic will end sooner than expected.
That makes freebitco.in becoming one of the leaders in online crypto gambling, which still online until now. From that rankings, no wonder if freebitco.in can survive for a long time, and they still have a huge visitor who wants just to claim the faucet, playing gambling, or use their investment side.
I almost forgot freebitco.in is also a gambling site LoL. Freebitco actually is one of the pioneers here in gambling. Rain or shine, this site keeps their operations for long time. I learned how to deal with crypto because of this site. With many years in operations, crypto gambling sites already acquired tons of money. But I think crypto casinos are still behind with fiat-based online casinos. So combining these two, fiat and crypto casinos, is really huge already. And now, fiat-based casinos are now integrating crypto as payment method. This is one of the first sites I visited when my friend asked and invited me to play dice using Satoshis I can get from their faucet. It is a bit boring at that time looking at the 3-digit price of bitcoin until I started to grow that Sats. With the bigger price and great convinience it gives to gamblers, I guess it would be more bigger and I gope sites like Freebitco.in continues to function. |
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POGO are always running here and didn't stopped even there's a quarantine, I don't know why our government let them do their thing here and without also paying tax. I hope that they will implement a massive clearance for them to be safe in Las Vegas.
POGO can't be compared with Las Vegas I guess as POGO does not allow Filipinos to gamble, they only allow tourist, while in Las Vegas, I guess everyone is allowed, therefore there's a lot of gamblers in the venue. As far as I know these POGOs are managing an online site here in the Philippines and they are either Filipino or Chinese though it is said to be a money making business of Chinese in the country. Either way, I agree that they can't be compared since even though they are allowing this in the country, the services they offer are just for foreign countries. |
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Whether or not crypto is determined to be money or not it is still personal property which has value and can therefore be subject to taxation, anything which produces a benefit can theoretically be taxed. The important distinction after a government does deem it taxable is if crypto is a currency or a commodity as there are different rules, store of value, fungibility, unit of account and so on
But how will they levy tax on crypto currencies if they doesn't know who to tax? They can't actually tell whose using Bitcoin and whose holding them. Even if they write a law making these holders pay taxes for their cryptos, they can evade that tax whenever they wanted since they don't have a proof that they really have bitcoin. I know not all of us would be doing that but I know that will happen if that is the case. There are a lot of taxpayers that evade taxes, how much more when if its bitcoin. |
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It has a huge effect on our country the same as the other countries. Even though the infrastructures start their operation again, we are still facing a hard time recovering the economy. Due to the messy decision making of our government, there are so many mistakes that have been done that's why our country's economy is not in good shape.
Well, the pandemic is enough to make economy in a bad shape, adding the government's wrong and messy decisions there then that is just worst. Our government are also having a hard time dealing with the pandemic, that is the same with out countries but the problem is that they are not mainly focussing on the main problem that they even created a law to protect themselves to the public. Instead of them talking whats wrong, they don't admit it and keep in doing what they think is right without listening to their people. Most of their decisions even caused the increase of the cases here. |
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In this pandemic, people are getting blinded when they say they will be giving money. Yesterday my cousin was scammed for winning a raffle sending the scammer &18-$19. I told her it was a scam but she is not listening.
Anyway I've been thinking that this is a hacking incident, right? Also a fraud but can we still say this is a scam too? When I told my co teacher he immediately say scam so I was really confused now if this is a hack/fraud incident or a hack/scam incident, maybe hack/fraud/scam incident? Anyone?
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