Bitcoin or fiat, if your intention is to use it as a tool for a crime, you will most likely succeed especially if you know how to take advantage of its potential usage. But if you study it more deeply, fiat is where most crimes possible to happen because the security and transparency aren’t that high compared to bitcoin where it is traceable because of its high transparency.

Sometimes, just a mere research isn’t reliable enough. You need to go dig deeper and search on trustable sources so that you will also gain a valid and reliable fact or idea, and not just a mere speculation that has no clarity and transparency.

I believe as long as it never dropped below $100k, bitcoin still remain bullish for me. So most likely, what we have at the moment is just a short, temporary price pull back or better known as retracement. The price will eventually get back again on its original bullish path once a short dip is over, and I’ve seen this is normal for any volatile investment like bitcoin. No need to panic, otherwise we might end up selling our coin and regret our wrong decision in the end.

Yeah that’s the real risk… some sites will eventually ask for a live selfie or extra docs like a utility bill or proof of address just to make sure it’s really you. if you’re just using a bought KYC account, you’re basically setting yourself up, once you win big, that’s the easiest excuse for them to freeze or deny your payout. It’s the sad truth, they’ll use their TOS against you. not really worth it, unless you just wanna play for fun and don’t care about cashing out.

not sure how reliable this is, but based on that 2024 article with stats, bitcoin is still king.

https://chainwire.org/2024/08/21/2024-crypto-gambling-stats-unveiled-by-casinorix/

As we can see, 75% is still very high, so at that rate there’s really no chance stablecoins will take over.
some might think bitcoin is too precious to use for gambling, but that’s not really the case as not all bitcoin users are investors. majority of the users and volume are from real adoption, like spending in gambling for example. and now that fees are already more controlled,

I’d say bitcoin is still the most attractive coin for gambling IMO.

Hindi ako sure sa NBI or sa gobyerno ng PH kasi parang hindi naman transparent. Nung dati na ni-raid yung mga POGO, sinasabi na pugad daw ng online scam - may nakita silang wallets at computers, so malamang may crypto rin na laman yun. Pero bakit wala man lang balita kung magkano ang na-seize nila?

Ang nangyari lang, na-stop yung operation ng POGO, pero yung recovery ng mga na-hack, mukhang malabo. Or baka naman napunta na yun sa wallets ng mga corrupt, considering alam naman natin kung gaano ka-corrupt ang bansa.

I think this is automatic… if a player with that kind of height and can still play wants to return to the PBA, he’ll easily get a slot, especially with a team that doesn’t have much talent. there was even a report back in 2021 that he got traded to Northport from Ginebra for C. stand, so it’s not like he’s new to the team. there’s definitely a chance he could make a comeback.

Barangay Ginebra trades Greg Slaughter to NorthPort for Christian Standhardinger

This a very risky strategy to be honest. But I don’t see it impossible to happen. And just like what we keep hearing, the bigger risk we take, the higher its possible returns will be, and bitcoin is not an exception. The higher the amount you invested in bitcoin, the more massive the profits you will reap in the future. So I don’t think this is a bad idea, because if you are capable to pay the said loan, then there’s no reason stopping your plan and goal.

However, just don’t expect immediate profits. Bitcoin profits can be guaranteed, as long as you are willing to wait for years or even a decade before you decide to sell your coins.

Bitcoin is decentralized while traditional banking is purely centralized, so how can bitcoin be allowed replacing traditional banking in the future? If ever there’s chances for replacing traditional banking, that would be digital currency that is centralized in nature as well, that is obviously created by the centralized government and not by any decentralized in nature.

So there’s no any possibility for bitcoin to take the position of traditional banking. But if bitcoin will gradually turn centralized, maybe there could be a chance for it.

Alam naman natin na malaking negosyo ang remittance services dito sa Pinas - Cebuana, M Lhuillier, Palawan Express, etc. Pero paano kung dumating yung point na hindi na kailangan dumaan sa kanila dahil pwede nang diretsong crypto?

Halimbawa, kung gagamit ng stablecoins gaya ng USDC o USDT, mas stable ang value kaysa Bitcoin, at mas mabilis pa ang transfer. Imbes na magbayad ng malaking remittance fee, pwedeng makuha ng pamilya dito yung pera halos real-time at mas mura.

Kung tuloy-tuloy ang adoption ng crypto wallets (like GCash na may plan na mag-integrate ng USDC), possible ba na unti-unti nang mawala yung traditional remittance counters?


Let's discuss this with some questions -

Sa tingin niyo ba, papalitan talaga ng crypto ang traditional remittance system dito sa Pinas?
Kung kayo mismo nasa abroad, pipiliin niyo ba ang crypto remittance kaysa traditional?

Mas ok talaga kung magamit yung remittance side nito, kasi sure na gugustuhin ng mga kababayan natin abroad ang USDC since stablecoin siya kumpara sa Bitcoin na volatile ang value. Ang laki siguro ng matitipid nila pag maging active na ‘to. Importante lang talaga na ma-educate yung mga kababayan natin na may mas mura at practical na alternative option.

Seen this topic .. [
 Data-Free Betting in Africa – Free Internet for Gambling?

I’m wondering what would happen if this was done in the Philippines while casinos are still unlinked from GCash. Pretty sure it would just create a bigger gambling addiction problem.

What do you guys think? Looking at it, this setup really gives comfort since you can gamble with free data, that’s very convenient. As long as there’s 4G signal, you can just tap and play. I’m not even sure if there are other countries already supporting this kind of gambling and telco collaboration.

On the side of the gambling industry, it’s never really exploitation as they’re in the business to make profit by providing entertainment through gambling. As long as the government approves it, what they’re doing is legal.

The real exploitation comes from the government’s side. If they know this kind of setup can lead to more gambling addiction and still allow easy access, then they’re the ones turning it into exploitation.

Kailangan talaga may link sa kanila, tulad ng regulated platforms, pero problema — karamihan corrupt at lawyers pa, kabisado nila ang pasikot-sikot ng batas. Kung walang whistleblower na maglalabas, hindi talaga malalaman; puwedeng gumamit ng middleman para mag-transact, tapos i-transfer na lang sa wallet ng corrupt official. Minsan baka pati witness ipatigil para mawala ang ebidensya. Ano sa tingin niyo, paano nila ito matatago at paano natin matitrace?

Kung ma trace nila, kaya... yan kasi ang first step.
Sa US meron namang na trace, pero mostly hindi talaga na ti trace, lalot matalino ang mga criminal.

tingin ko walang kahit anong reform ang makaka solve niyan, kasi merong namang p2p transactions na di na  kailangan dumaan sa banks..
depende nalang kung gaano kagaling mga forencics, using blockchain and other tools.

This could be similar to Pacman fighting heavier opponents but still winning because of his quickness and power. Bud has that same quickness, and for him that’s already enough to score and win fights. He’s a bit like Mayweather, but in my opinion Bud is way more of a risk taker compared to Floyd.

Well, let’s see if this fight actually happens. Like you said, it all depends on the money on the table. When the money talks, most boxers get tempted -  unless you’re like Marquez, who turned down $100 million just to avoid giving Pacman another shot after he knocked him cold.

No one can beat Bud as long as he’s in a division where he can still carry his quickness, that’s his main advantage over his opponents. So if he ever takes a fight, he’ll make sure he still has that edge. Even Benavidez or Bivol won’t be able to beat him if he’s at the right weight.

Not sure when the fight will happen, but one thing’s for sure , it’s going to be exciting, with huge money on the line.
Bud will keep going, and I think he’ll only retire once he finally loses and hits his limit.

Legit ito kabayan, tingnan mo nalang itong news na ito.

https://cointelegraph.com/explained/657m-out-of-tesla-12b-into-crypto-what-koreas-big-bet-means-for-global-markets


that's under this article $657M out of Tesla, $12B into crypto: What Korea’s big bet means for global markets..
So nag divest sila sa tesla, nilagay sa crypto.. lack of confidence na daw sila sa tesla.

That’s still a question for now. Even though his one-year ban was only in Japan, we never heard about him fighting in the Philippines or in other countries outside Japan. The lack of promotion was a big problem for him.

So now it’s a question of whether he was really training during that period or if he only started preparing because of this upcoming fight.
We’ll never know,  let’s just find out together.

We can already feel the changes now, so I’d say it was a great move. Sure, it might have reduced the government’s tax revenue, but it’s for a good reason, to minimize addiction. It’s different now, you don’t see as many gambling ads when you open your Meta account. So in that sense, the government really succeeded in minimizing gambling addiction.

But honestly, I’d still prefer the old POGO setup, the offshore gambling. At least with that system, citizens here couldn’t gamble, but the government was still able to generate revenue from POGO operations.

Investing without understanding the basics, this is very common to a lot of newbies because they only think that once they decide to invest and risk their funds, eventually they will end up successful and profitable. Not realizing that investing or even saving bitcoin has its own do’s and don’ts, and if you’re not knowledgeable on it, you will end up losing all your bitcoin, you will end up losing all your hard-earned money that you decide to risk.

Another is saving your money into bitcoin. This is so much risky, but the right thing is, save only what you can afford to lose with bitcoin.

If your idea of saving depends on the amount of salary you’re receiving or the high prices of goods and services due to inflation, believe me you will never actually save in the end. But if you chose to instill discipline in yourself and stick to your ultimate goal to come up with a good savings amount, no matter what amount you’re capable to save, as long as you do it consistently and regularly, you will definitely save and reach a significant amount after years of having self-discipline and self-motivation in order to save.