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Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?
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If you compared a large number of losing gamblers to the winning gamblers, would you notice any differences in personality, ability, or habits?
Is it something that we could test people for?
Are there things that we could encourage, reward, or train people to do better that would increase their chances of winning?
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It may be useful to remind ourselves that Bitcoin is one part of the decentralized revolution. The parts currently (or will soon) include: - Cryptography – private communication
- Bitcoin - decentralized monetary system
- OpenBazaar - decentralized marketplace (a blending of the best features of eBay and Torrents)
- Torrents - decentralized document distribution
- Distributed websites - decentralized publishing. Distributed websites are not stored on a single server. The parts (including images and even different words of each sentence) are hashed and reside on multiple servers worldwide. Publish anything, without actually writing it.
- 3D Printers and CNC – decentralized production
The old model of buying pizza with Bitcoin is still possible, but the real utility of Bitcoin will soon become apparent. There will be many new users, and a higher price. |
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When a corrupt government favors one form of gambling (such as high-rake lotteries) over another (such as low-rake internet poker), and makes currency transfers to and from some sites difficult and subject to confiscation, the advantages of Bitcoin (including the ease of transfers to and from a site) eventually outweigh the additional steps necessary for purchase and sale. Do you agree that poker gives a gambler the greatest possible control over the outcome?
In the spectrum of controlling your own destiny, isn't the correct ranking:
Poker > Sports Betting > Blackjack > Dice > Lotteries
How do other people rank them?
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Which came first? The Chicken or the Egg? Experienced poker players are needed to start poker tables. (Other players are much more likely to sit down at a table if there is already someone there). Opportunities for High Stakes, Medium Stakes, Low Stakes, Micro Stakes players. Flexible hours, flexible stakes. You decide how much you want to earn and what tables to start. Wait for a monster hand and go all-in, or play it safe. Play to win, play to earn table starter benefits, or some combination of both. Play only the games you are comfortable in. Update: - Thank you to those who signed up and really are experienced players. I will honor my commitments to you.
- Thank you also to the players who made a good effort, but did not have enough experience yet
- About one-third of the people had "issues" or needed too much hand holding
- I am still observing play and determining who fits in what category. Some people appear to have embellished their playing ability
- Any new applicants will need to demonstrate their experience before we reach an agreement. You at least need to be a "break even" player, and be accustomed to playing a few hours a day
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This is a gambling forum, and most of you gamble somewhere with Bitcoin, so I am curious what percent of internet Bitcoin poker you think is luck vs skill? - Do you even consider internet Bitcoin poker to be gambling?
- Are you more comfortable gambling against the house?
- Is poker too much action or not enough action?
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Changes to the Consumer Protection Act and laws governing gambling so that Internet service providers must block access to online gambling websites on a list of “illegal sites” created by Loto-Québechttp://montrealgazette.com/news/quebec/2015-quebec-budget-highlightsIf this idea spreads to other jurisdictions, we would need a TOR-like bouncing of the client-server communication so that blocking of the domain would not be effective. Would need to keep latency to a minimum. |
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What would be the attributes of a promotion for Bitcoin keys printed inside product wrappers? - candy bars, food items, etc.
- most keys would be for fractional Bitcoin
- some would be for multiple Bitcoins
- links to wallets
Ideally a symbiotic relationship between manufacturer(s) and Bitcoins. |
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I noticed that Luxeon Star High Brightness LEDs now accepts Bitcoins. http://www.luxeonstar.com/No Minimums - Order one or order thousands Secure, online ordering with quantity discounts Shipping Anywhere One small step. |
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Bitcoin will only be embraced by politicians and government officials when they learn how to use it to collect campaign contributions or fund their own retirement plans, in a way that has significant advantages over cash.
The process varies in different countries, but the principle is the same.
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Judge Sends Silk Road Suspect to New York http://www.lasvegassun.com/news/2013/oct/09/judge-sends-suspect-silk-road-drug-website-case-ne/His attorney denied he used any aliases. FBI agents appear to have penetrated the behind-the-scenes operations of Silk Road and obtained a list of the sites users and sellers, court papers show. "These latest arrests are just the start; there are many more to come," said Keith Bristow, head of the U.K. newly established National Crime Agency. |
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The Obama administration earlier this month petitioned the Supreme Court in support of a federal court ruling that allowed police searches of cell phones records without a warrant. They discovered that the Apple iPhone and iPad were recording user locations in a hidden file, detailing every step of their whereabouts and keeping a history of it for nearly a year. Apple has since changed that policy. http://www.foxnews.com/politics/2013/08/21/cell-phone-data-latest-threat-to-privacy/Which is more important to the federal government? Where you have been, or your Bitcoin transactions? |
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Who Uses Tor? Normal People Family & FriendsPeople like you and your family use Tor to protect themselves, their children, and their dignity while using the Internet. BusinessesBusinesses use Tor to research competition, keep business strategies confidential, and facilitate internal accountability. Activists & WhistleblowersActivists use Tor to anonymously report abuses from danger zones. Whistleblowers use Tor to safely report on corruption. Journalists and the MediaJournalists and the media use Tor to protect their research and sources online. Military and Law EnforcementMilitaries and law enforcement use Tor to protect their communications, investigations, and intelligence gathering online. https://www.torproject.org/Effective ✔ |
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Much income is fully documented, such as a pay check, direct deposit, pension, or dividends. Income received in Bitcoins (or cash) may or may not be well documented. What is the relative value of $10,000 of undocumented, off the books income vs. $10,000 of documented income?
Are they the same to you, because you report everything? Do you prefer fully documented income? Is any difference in relative value solely due to the marginal tax rate, or is the effect compounded in some way?
Would your answer change at all if you lived in a country with a corrupt government, confiscatory tax rates, and restrictions on the transfer of money out of the country?
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This might explain why Wikipedia has repeatedly rejected requests to accept Bitcoin donations:  Has Paypal "requested" that Wikipedia not accept Bitcoin donations? Is this an illegal restraint of trade? |
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