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I think that in this way, governments of different countries are now hedging themselves against potential major economic shocks, since there is currently a likelihood of strong inflation of the dollar. And because almost all global financial operations are tied to it, this could greatly impact national economies. Bitcoin, therefore, is a good option for preserving their positions.
The use of Bitcoin in institutions is a two sided sword. On the one hand, big companies and even governments owning Bitcoin confer it an appearance of legitimacy and long-term demand that could enhance its position as a reserve asset. Conversely, excess supply in the hands of a small number of people will create price manipulation and decentralised distribution that makes Bitcoin special. We already see this dynamic in history where gold used to be a decentralised store of value, but over time central banks accumulated the majority of it and got disproportionate influence. The distinction between Bitcoin is the fact that the custody may be held in the possession of individuals without the usage of vaults or third parties. This is the reason why self custody and peer to peer use are essential. Only large-scale individual ownership can ensure that Bitcoin retains its non-centralised quality that has made it different amongst other assets despite institutions purchasing it. |
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With Bahrain passing a new stablecoin law (1:1 backing, audits, AML rules, etc.), it feels like more governments may prefer regulating stablecoins rather than adopting Bitcoin directly as a payment method.
You shouldn't be surprised, Bitcoin is decentralised, but the top-rated stablecoins are centralised, so the government knows what they want and they go for it. I have known this all along, even if people wouldn't want to agree then. Bitcoin could be viewed in many ways, but in the end, it benefits the user more than the governmenet and the economy, so they will ignore it as much as possible in the economic plan, except for in investment, as we see in the strategic reserve that's now popular. But for them to allow it for regular transactions will be difficult. Another point is that, the government may not be able to cope with the high volatility attributed to Bitcoin, stable coin is better in this regard, for proper management and accountability. Yea, governments naturally have to be attracted to stablecoins as they still have control and can enjoy the benefits of blockchain efficiency. A completely supported and audited stablecoin can be easily integrated into the current financial structures, as opposed to the Bitcoin that erases the middlemen and cannot be censored. Bitcoin could be volatile thus challenging policymakers to consider it a unit of account whereas a stablecoin against fiat maintains price stability. That is why such countries as Bahrain establish a set of clear rules regarding the stablecoins but simply regard Bitcoin as an asset or reserve. Concisely, stablecoins are beneficial to the state interests, whereas Bitcoin is beneficial to individual interests and that strain is the reason behind different adoption paths. |
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Having limits is indeed important in gambling, especially for those who bet on slot games. If one cannot limit time, which is often overlooked by gamblers, one can also limit the gambling budget to a smaller amount. Trying to be consistent with limits will help us control gambling activities. At the very least, it is a first step to avoid gambling addiction.
I agree with what you said. Indeed, the best way to avoid addiction lies in our own gambling habits. Discipline, such as setting time and money limits, is a way to avoid gambling addiction. This is also something that many gamblers overlook, as they tend to focus solely on winning, which is inherently uncertain. Gambling for too long can also lead to a loss of control, regardless of whether we win or lose. The majority of people can only consider the money limits yet they forget that the time limits are equally important. In case a person wastes time gambling, the insignificant bets can make the huge amounts. Money and time limit setting provide the balance and facilitates an easier way out. Ultimately, gambling needs to be entertainment and when it begins to impact on control or day-to-day life that is when the actual threat appears. |
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I believe he will just be used to fill in the roster. Maybe a veteran contract again. I agree that WB should be taken by the OKC Thunder again. Just let him retire where he played most, and maybe he could get 1 championship if ever the Thunder gets a back-to-back championship. I mean, those guys are young, and they are now champions. They might have a veteran who can boost their energy and be hungry to win one more.
That's one main problem with every champion after they win it. They will lose the goal to get one more, which is why back-to-back champions are really amazing.
But with the current situation of the Thunder, they've sign their big 3 with huge contracts already, so I don't think they still have the luxury to sign WB although there is a chance if he is willing to go under a contract with a veteran minimum. But this got me thinking, I mean OKC is very solid already and they can even duplicate and become the team that will have a back to back championship. So they don't want to break that momentum. What I'm saying is that getting WB might be a bad thing for thing and it can have dire effect on the rotation. Having Westbrook come back to OKC would be purely symbolic, but I do believe that this would be effective only under the condition of both parties being reasonable. The Thunder are young and deep and already developing chemistry, and thus the acquisition of WB should be more of a tribute to his legacy than a prodigal of huge minutes. Having him on board in a limited capacity as a veteran minimum deal would be logical, particularly in case he wishes to retire as a Thunder. Anything beyond that could upset their balance that they already possess. There are occasions where the most appropriate manner of ending a career is by getting back home, yet the future of the team must be achieved first. |
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This is a common behavior, they regret withdrawing the money early and then realize that they could have won more and they regret it, but why the complaint? Because they do not control their game, because it is obvious that just as they withdrew in time they could have continued with the play and lost everything, so once you withdraw, you do not have to care about the rest of the play, since it is the equivalent of continuing a bet that no longer exists, but is only symbolic in your mind.
That is very true. As soon as a person cashes out, what happens after that is irrelevant since he or she is not in the game any more. The regret is normally made due to the what if scenario but in fact that money was already secure. It is not the system but emotional control. With a disciplined player, the decision is accepted and he/she moves on rather than pursuing what might have been. |
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Right, unless you try it with yourself, that’s the time you can prove whether it’s actually beneficial to one’s trader or not, or just another trick from an exchange. However, while others could benefit from a trading competition, but I am seeing it the other way around. I just don’t want to enter into a trading competition, but I learned more when I’m only trading by myself, and got to learn and realize the do’s and don’ts in trading as I continue gather different trading experiences of mine.
I really don't see a point of joining trading competition however if you see any point of joining it then it is fine everyone has their own way as for me I don't see a point of doing that because I don't fancy it, and again if someone is doing such and then realize that he's not benefiting from it the best thing to do is to stop it and not to complain. Maslate since you decided to trade by yourself and learn by yourself and it beneficiary to you the best is to continue in it I love what you are doing and I will encourage you to continue in it, one thing about trading is that the more you do it yourself the more you learn a lot of things that are hidden in Trading you can never be perfect in Trading when you don't do it yourself it is only when you do to yourself you can become an expert no matter the trading classes you attend before you can be good at trading you must start trading by yourself. Trading competitions are in most cases structured in a way that they are more of an exchange than of the trader. They generate volume, new users and provide the platform with a greater liquidity. To participants, the benefit generally only applies in the case of having been high leverage/large capital traders in the first place, since the gains tend to be whale-oriented. In the case of smaller traders, there is the danger of chasing targets and the prize can easily be overridden. Conversely, trading according to your own speed and not being pressured by some external forces will give you a greater control and a chance to test strategies and perfect them over time. The contests may prove effective in testing the abilities under a pressure, but should never take the place of an ongoing learning process using personal experience of trading. |
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Bitcoin has always seemed like a difficult maths from the time of it's creation, it's name sounds intelligent and many people saw it as something that is very complex. In reality it has it's technical complexity but what some people don't understand is that you don't have to understand it's technicalities to be able to hold it. What you need is basic computer knowledge to know how to open and operate a wallet also how to buy and sell it. The paradigm shift is happening quite fast because of the adoption especially by the younger generation who are more computer literate. Bitcoin has gained a lot of reputation and more people are holding it because it's profitable.
I think you explained it well. Bitcoin might seem complex to the outside, however, it is just as easy to use as regular online banking or online payments. It has complex technology behind it, and you do not have to know all the ins and outs of it to enjoy its benefits. All that counts is how to put it away and how to go about doing business without misplacing your keys. The barriers are shrinking as more and more people adopt Bitcoin, and individuals are becoming aware that they do not have to be trained cryptography or programming experts to use Bitcoin. |
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It's something that happens naturally, even though the parents never thought that way from the start. They are very sincere in developing their children to be successful, and every parent even wants their children to surpass them in everything they do. That's a parent's achievement.
Caring for parents in the future is a reciprocal process that occurs naturally. If parents have worked hard for their children, then in the future, the children will also do the same for their parents.
I agree with this view. Parents are used to giving without the expectation of receiving anything back but when children grow up and do well, and it is natural to pay back parents. It is not to be regarded as a burden but rather as a reward to the sacrifices. Meanwhile love and respect are more important than money, since in old age many parents just need care, attention and presence. Therefore any financial assistance is welcome, but the main challenge is to ensure that they do not feel left out. |
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Betpanda.io ID: L96JJX
Your Prediction: $117,213
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Casinopunkz.io ID: 3p2YTiS7dF
Your Prediction: $115,932
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What's the most common security mistakes new Bitcoiners make?
How can they be avoided?
A common mistake I often hear from people is that they use a hot wallet [mobile] and then store their seed phrase on their mobile device -> and then their mobile device gets reset -> or their mobile device is lost so they can't access their bitcoin. That's the most common mistake I hear about, but of course there are many other common mistakes. You must be very disciplined about security and not take it lightly. Especially when it comes to storing your seed phrase and device. Yeah, it is quite dangerous to use the same mobile device as your wallet and seed phrase since gadgets are dropped, stolen, or damaged on a daily basis. The second error is that of failing to make several safe copies of the seed phrase, or writing it down in the wrong way. It is also common to find people sharing their private keys with friends or on the internet because they believe that it is okay. The most optimal solution is to store your seed phrase offline in a safe place and use a hardware wallet to store over longer-term. Having not a single backup but two or more that are put in different places offers an added protection. It is important to be disciplined use your Bitcoin as cash that cannot be substituted by others. Security is not a choice and it is the basis of possessing crypto securely. |
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Betpanda.io ID: L96JJX
Your Prediction: $116,473
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Chips.gg Username: Hammer
Your ETH address in Chips.gg: 0x3E04707cF8524aF13a427084F844f48fa14D56ed
Your Prediction: $117,232
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Personally, I have been almost compelled to consider putting a portion of my salary into Bitcoin. Knowing that there is a part of my wages going into something that can be grown over time is a good feeling, as opposed to just sitting in a bank and losing its worth over time due to inflation. I do not focus so much on timing the market. I am more concerned with being regular and contributing a small sum on a monthly basis, regardless of the price. In the long run, those little bits accumulate and it is gratifying to watch it increase. It also causes me to be more serious with my expenditures since I am aware that I have already invested a segment of my income towards my long-term.
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Betpanda.io ID: L96JJX
Your Prediction: $117,473
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Chips.gg Username: Hammer
Your ETH address in Chips.gg: 0x3E04707cF8524aF13a427084F844f48fa14D56ed
Your Prediction: $118,486
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Casinopunkz.io ID: 3p2YTiS7dF
Your Prediction: $119,987
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