Let me provide you a timeline about the evolution of money:

Year 10,000 - 3,000 BCE
On this year, people utilized barter exchange wherein they exchange products from people. This was very difficult to maintain as no established value has been set to each commodity, thus making trades relatively unfair to some individuals;

From 7,000 BCE
Cuneiform tablets were published and it has been used as a tool for records and trades among individuals on that year;

600 -1,100 BCE
Gold and silver coins were introduced. This was the first form of currency wherein there has been an established set of value and amount since most of the coins have their innate value (made from precious metals and materials);

Year 1,100 - onwards
Countries utilized paper money as a standard unit of currency for uniformity and established value. The implication is that, there would have been a standard set of currency that would regulate and utilized in order to prevent inflation from happening. Currently, we use our currency to purchase goods/services and the value is dependent upon the gold reserve the country has; and finally

Year 2,000 onwards
The presence of digital money/cryptocurrency is slowly shifting towards the digital age. People are now using credit cards in order to purchase goods online and with the creation of bitcoin (the first ever cryptocurrency), this gave birth to the potential shift of conventional paper money to digitalize currencies once countries would accept its legalization and usage.

I personally believe that the world will slowly transcend and shift towards the digital age wherein individuals would use digital money in order to purchase goods. What made me believe on this idealism is the blockchain technology.

Source: How Money Works: The Facts Visually Explained

Sounds good on paper but very difficult to not expect anything. Well from the name itself "GAMBLING" means you are risking something in proportion to the rewards relative to what you risked for. Sure, if you have enough resources to gamble money PURELY because of entertainment, then why the heck not? The problem lies on individuals who see gambling as an avenue that can solve their financial struggles and issues. When that happens, expect them to get addicted and their mentality would be clouded, thinking that they might recover what they lost and win in order to pay their current obligations.

Again, this creates an endless cycle between the individual and the casino due to the mentality of losing and hoping that they could recover their losses by BETTING again.


Like what I mentioned, the problem will only occur if people see gambling as a gateway to pay-off their obligations or to earn alternative income. Compared to people who primarily use it for entertainment, expect them to have self-discipline and control whenever they bet their money.

The reason on why the market value of bitcoin significantly skyrocketed was due to the hype caused by media, influence and other investors who made their comments and discussions. This sprung out a plethora of new investors who aimed to at least experience the similar situation back in 2009, when investors purchased the first bitcoin and patiently waited until its price increased. When the price suddenly jumped to $20,000 last December 2017, people suddenly invested more and the market crashed when prohibitions were made by China and South Korea.
From then they stopped investing and sold most of their investments without knowing what the nature of bitcoin is.

I find it funny on how some people are stating that bitcoin is "falling" or "dying" in a few years since they are also the ones who mentioned that some should invest in bitcoin for long-term goals. Not to mention, most of them are investors who does not even know anything about bitcoin and its functions, they just followed the current with the hype and hoped for gains!


I strongly believe that bitcoin would be utilized as an alternative currency once countries adapt to its changes and implementations. What hinders from BTC growing are the government prohibitions, ICO bans and potential hacking of exchanges that ultimately affected and caused the disparity from countries in accepting its views.

You have to consider both in order to derive at an answer to your question:

Firstly, stock markets contain shares of stock where it represents an ownership to the company. It is also intangible and its value is also driven by the law of demand and supply. Recent events and news significantly affect its price as businesses and companies tend to base the value of their stocks depending on the market status. Stocks, in general, are governed by the government through the Securities and Exchange Commission (SEC) in order to prevent abuses from the company.

On the other hand, cryptocurrencies are digital assets that exist in the internet. They have no innate value as it is also intangible and what governs the price of it is also the law of demand and supply. Bitcoin, to be specific, has a significantly high amount of market value. Its volatility and anonymity factor are also one of its notable features on why people tend to utilize this type of currency. Personally, I find it coincidental that bitcoin was utilized to be an investment option due to its high-value and volatility.

If you are planning your investments, I suggest that you diversify and maximize the two (2) aforementioned investment tools for maximum profit and the reduction of risks. Although bitcoin can be regarded as a 'high-risk, high-return' type, there are also ways in order to minimize the risks involve. Stocks are typically focused into the long-term side of investment and you also need to be updated to current events to maximize your profits.

At the end, no one is better than the other one as they have their own share of advantages and disadvantages.

Well the implementation will depend upon the country that you are residing on as some countries are lenient with its taxation. What makes cryptocurrency difficult to tax is its lack of any regulation among the government or any organization. Unlike any conventional investment tools present, cryptocurrencies tend to deviate from this norm since what determines its value is law of demand and supply- which makes it very distinct from the other investment tools. Although the same LAW may be utilized, its limited supply and intangible nature makes it difficult to have a stable value.


I somewhat agree from what you have stated. My colleague visited the BSP and they asked about cryptocurrencies and its status in our country. Based from what the lawyers said, they see bitcoin as a property rather as a currency- therefore making it inapplicable to legal tender. There may be insufficient laws catering to the taxation of bitcoin but once the government sees its potential, expect further regulations.

I highly doubt it but the chances are still possible. What makes bitcoin the reigning cryptocurrency to date is its market value and usage among most investors and individuals. Since bitcoin is also used as the main currency for transactions under the blockchain technology (which provides unparalleled amount of security and anonymity) people take advantage of these factors for future transactions among peers.


Let us be open to all possibilities in the future as it is unknown and bitcoin may be replaced by another cryptocurrency depending on the scale of damage happened to it. If countries would start prohibiting the usage of bitcoin then this may slowly become obsolete. Expect another cryptocurrency to arise from such circumstance that will cater to our goals and need for the future.

50% chance of ruining your life? I doubt so the quantification of such.

All individuals have a choice regardless of what the circumstances may be. Whether they are faced with something that is difficult for them to handle, they have the choice and the decision on what approach they should apply. People who blame it on the circumstances tend to look inward, rather outward from the perspective as instead of doing something about it they tend to blame it onto something.
Gambling, is indeed, destructive and chaotic especially if someone gets attached and addicted but you still have the choice to whether or not get back on your senses and do the right thing for your family (assuming that you have).

I definitely agree. Short term and long term investment into bitcoin will primarily depend on its market status and value depending upon the circumstances of each. They can be both utilized at the same time depending on the nature and time that you acquired/sold your bitcoins since people may yield short term income if its market value suddenly skyrocketed without any given notice.

For long-term, most investors generally are inclined into this perspective since they believe that bitcoins would be the future of cryptocurrency. Although the value might be volatile, they are at least hoping that its market value would reach heights if they use time as an advantage towards this opportunity.
Personally, it would be best if you allocate and diversify your investments depending upon the your need as an individual. If you are not in a rush in any way, then it would be best if you focus into long-term perspective but as a rule of thumb, never sell your investments to a price lower from what you acquired them.

Just to add, not to generalize older people but they tend to stick to the conventional/traditional way of doing things as they are resistant to change. For example, some old people ignore the use of gadgets and other technology since they find it confusing, whereas what they are currently doing is more technical and difficult from our perspective. Lastly, cryptocurrencies can be considered as an investment alternative which is 'high-risk high reward' and most old people stick to low risk type of investments. Although this may vary relative to each individual, but I based this primarily on experience and data.


What makes gold and silver distinct from other investment alternatives is that it contains this innate value on them- which is made from precious materials. Unlike stocks, cryptocurrencies, and bank notes (although they are made from paper), the market of gold and silver tends to be less-volatile.

What makes Manny Pacquiao interesting is his play style, which you may find aggressive. His age does not hinder him from performing fights that people want to watch, unlike modern boxing which primarily relies on the scoring system (although I that should be the case but typically it's boring). My only concern is about his endurance, stamina and power since aging inevitably makes someone weak. Not to mention, his reflexes and dodging abilities tend to get slower as time passes by but with his experience, I believe that he will win this fight. Again, win or lose he will make a big bang of a buck.

Personally, even that we consider him as the people's champion, I am worried about his performance as a Senator in the country. People voted him in order to lead (although his qualifications are underwhelming relative to other senators) and fights like these tend to make him absent from most of the plenary sessions in the Senate. Hopefully after this fight, he dedicates most of his time into serving and voicing out the concern of people in our country.

Each country has the prerogative to prohibit or to ban anything that they find threatening to the general public or for safety reasons. Before a country prohibits the utilization of bitcoin, they must provide concrete reasons on doing so in order to get their perspective towards the subject. Assuming that they ban bitcoin, the market value will depend upon the scale of damage the country has to offer into the said cryptocurrency.
For example, if the government of China (which is considered to be one of the largest country for crypto trading and ICOs) announces that they will no longer accept the utilization of bitcoin, expect the market value to drop significantly as their country is considered an integral factor to most ICOs and exchanges.

I read this on the news and in fact, our thesis adviser is the consultant on the Cagayan Economic Zone Authority (CEZA) blockchain and cryptocurrency ecosystem and the first CEZA Financial Technology Solutions and Offshore Virtual Currency Exchange (CEZA FTSOVCE) Principal Licensee. With this being said, the Philippines is starting the current where they are adopting and licensing cryptocurrency ecosystem.
Although it may be beneficial, the exchange is limited to its scope that GMQ will have a back office in Cagayan and this would only involve cryptocurrency to another cryptocurrency.

Link: https://bitpinas.com/news/philippines-ceza-grants-offshore-cryptocurrency-exchange-license-gmq/

There are a lot of implications when we think about cryptocurrencies dominating the future transaction of payments as the world slowly transcends to this ideal. Cryptocurrencies, in general, are intangible and exist digitally. Bitcoin was the first cryptocurrency that was utilized under the blockchain technology and it provided the anonymity factor into transactions. Slowly, its value became volatile which made it an investment option/alternative for the public.

What most individuals fail to realize is the potential of the blockchain technology since they focus too much in bitcoin, whereas the blockchain is where the real technology begins. It was a revolutionary invention wherein it eliminates the need for intermediaries since all transactions are build from trust. In this technology, network of computers protect each block in order to avoid the tampering of data and information (which people can easily do currently).

Since bitcoin is only a fraction from the blockchain technology, I see it as something that countries would utilize in making an alternative currency for people. Since change is inevitable and we are slowly shifting towards the digital era, I see our conventional fiat currency changing digitally once the other requisites are met and if countries would start adapting and accepting it to their system.

Again, this is the ideal situation in the future and this is what I view from my standpoint.

We both share the same opinions and preferences. I mainly gamble with bitcoin due to the fact that most of my resources are on this currency and I prefer going big than going small. Not to mention, when you gamble with bitcoin the returns are relative to the amount that you gambled with but with its volatile price, I can actually make a small profit from gambling. Although gambling might be risky in general, only gamble with the amount of discipline that you have in order to avoid addiction, which will eventually shift and transcend to a whole new problem.


There are various websites that offer online gambling and they have been in operation for about years. If you have issues with regards to trust then you might want to check and try other online gambling sites that have a good reputation on it. Online gambling is relatively convenient and easier compared to conventional gambling wherein you need to visit casinos in order to purely entertain or profit yourself.

I would like to re-apply my application for the next campaign. Thank you very much for the opportunity!

Although it revolves around risk, there are methods in order to mitigate the risks involve into investing or trading by studying/observing the market or by keeping updated into current events and news since the market value of most cryptocurrencies are dependent into these factors. Like what you mentioned, people who achieved success risked most of their lives into their dedication towards their passion and goal. But investing/trading without knowing anything might be suicide and the results may be relatively negative in your side if that is the situation.

Do your job as an investor to study the market and know WHEN to invest and to WITHDRAW depending your goal as an investor whether for short or long-term perspective.

Cryptocurrency electronic wallet can be possibly hacked if hackers have the necessary information for them to initiate such method. Like what happened to South Korea, it's largest cryptocurrency exchange was hacked and the value lost worth $42 billion causing the price of bitcoin to decrease significantly. Although the subject might be an exchange than a wallet, I believe that it is relatively easier to hack a wallet than a whole exchange.
But if we are talking about the blockchain technology itself by altering and tampering the information, it is impossible for someone to steal and to copy another bitcoin's key as the blockchain is protected by a network of computers who regularly monitors the transactions.

Ahhh, I'll never forget what I experienced before 4 years ago when I was still living at my grandmother's place. I have an uncle who was well-off before. He used to treat our family with stuff and unexpected surprises, not to mention his lovable and caring attitude. He had this wonderful girlfriend who cherished him for 7 years until the day came that he lost his job. At that time, everything started to fell and his life revolved around vices like drugs, gambling, and other relevant stuff. Our family tried to support and help him despite his downfall but the ultimate decision on whether he would fix himself relies upon him only.

Last July 6, 2013, I almost got killed by my own uncle who tried to stab me using our kitchen knife JUST because I did not let him borrow any of my money to pay off his debts due to gambling. Unfortunately, I did not tell my mom about the whole story as it may aggravate the situation (he was living inside our house and mom's house was beside- we have one lot and land) and I might get myself into trouble as he threatened me. As years passed by, we tried to help him by putting him into REHAB and by providing him with all the necessities and things are getting back to normal. Although slowly, but the current was going through that kind of positive light.

The moral of the story: despite any difficulties and hardships, when people are at their lowest point they judgement becomes clouded and makes them irrational and indecisive of the decisions that they do. Although I am not invalidating and defending him from what he did to me, continuous support from your family and UNDERSTANDING from both ends would result relatively to a positive impact.

Personally, bitcoin has significantly impacted my perspective when it comes to earning alternative money. As a college student who has limited time due to studying, the presence of campaign signatures and the opportunity to invest provide me the potential of earning income while not compromising my time and studies. Not to mention, my college degree (major in business) has helped me into understanding the market more with regards to investment and withdrawal of coins. Lastly, bitcoin has supported not only my personal life but others who I influence as well into investing into the said cryptocurrency.


The best teacher is always experience. You grow and mature more due to our mistakes and we take that as an opportunity to learn and to avoid doing it. Investing, in general, is risky as it involves risking your money into something that has no guarantee of making a profit. Not to mention, cryptocurrencies in general are a type of 'high-risk, high-reward' system. Only risk the amount that you are willing to lose in order to mitigate the damage from incurring due to loss or market failure.

Well like any conventional sports/esports gambling, the only tip that I can think of is to be updated into the current rosters, teams and standings of each in order to know who has the highest win percentage and potential out of the rest. Like what OP suggested, it is advisable if you join and collaborate with other enthusiasts as well in discords and other relevant social media sites.
Back then, I tried gambling most of my CSGO skins (which has a value of around ~$60) and I doubled all of my gains and went all out in the best team, which eventually caused my bankruptcy.

Only gamble the money that you are willing to lose- as gambling is all about luck (with sports/esports game based on skill and luck).