Surprised? There are places where they have implemented favorable legislation for innovation in the crypto world and instead the EU basically wants to turn that world into a kind of banking transactions, where everything is controlled by KYC.

Seeing the drift that the EU has I am not surprised. Add to this Lagarde's statements on the Euro CBDC and we can see where this is heading: towards total population control.

I do think it's going to have quite an impact with a gambling analogy. EU countries are the ones with the strictest regulations on gambling, requiring in most cases a country specific license to offer gambling services. It's not a 100% working thing but it works to a large extent, and I think with cryptocurrency regulation the same thing will happen.

The only good thing is that if these bureaucrats foresee it by 2026, it will probably take longer.

For me, two points are basic:

1) Do you have an emergency fund? If not, out of that $100k set aside an amount between 3 and 6 months of expenses for emergencies.
2) Do you have a positive cash flow from one or more sources of income that allows you to continue saving/investing? If the answer is yes, I would invest all of it once the emergency fund is set aside. Otherwise I would be more conservative.

Does anyone else see this as a merit fishing attempt?


You've gone too far with that. That thing about 100 years from now, well, in this forum surely many of us think the same, but you have taken out of your sleeve a new concept, because in order to have interplanetary value there should be some kind of relationship between planets that today there is not, and it is quite improbable that there will be in only 100 years.

I say I'm not going to do it for lack of time mainly, but if someone did, I don't think it would be very smart to let it show with the name that an AI is being used, as I think the forum members would be more reluctant at first to give merit to the account.

Instead of the negative, I think the leverage opportunity is here.

I don't have time for more, but I would like to try to create an account that would write posts exclusively with the help of AI, revised and rewritten adapting them to each case, obviously. And with citations to avoid plagiarism.

I think the result would be to do more with less. More quality in less time.


Sounds like science to me:

https://www.cancer.gov/publications/dictionaries/cancer-terms/def/double-blind-study

Am I missing something here?

Someone opens a thread claiming to be trading and making about $100 a month with crypto and not only gets 13 merits so far, but the thread is on its way to becoming a spam megathread with lots of congratulations.

Good luck to the OP, but trading "crypto" with a bankroll of a few hundred $ to make $100 a month has a near 100% chance of bankruptcy in the medium term.

OP, you will have an easier and less risky way to earn a few hundred dollars a month with signature campaigns.

If they don't know it's made by an AI and are convinced that a famous artist has made them, I'm pretty sure they will do. I'd like to see double blind experiments with this.

Besides, the question is not so much how much can be paid, but how much can be saved by companies that currently have draftsmen on staff.

Going back to OpenAI, at the moment it's capped and doesn't get real time information, but I imagine that in the future that will be the case. Does anyone know if this is the case?

As I commented in the other thread, I already saw some time ago that there are blogs that generate revenue written in good part by AI.

Well, just as last year there seemed to be a competition to see who could give the highest prediction, now the competition is reversed.

Up to $0.5M predicted the peak supercycle theory for Bitcoin this cycle.

That said, $10k in 2023 doesn't seem far-fetched. It's a likely scenario, but I think that while people are still predicting downside, the price is going to turn around at some point and start going up, now that pretty much all the leverage that was there has evaporated.

2+2 results in you guys first saying that Musk was basically a fool who doesn't understand business with the purchase of Twitter, and now that he's come out with the truth about party censorship, you've moved on to making up conspiracies.

Typical of communists. Censoring the truth and passing off party information as objective reality. 

That's certainly a possibility, and I think campaigns like 1xCrap will be thinking about it right now, because for what they want the quality is more than good enough.

This debate goes much further. IA midjourney illustrations are also much better than those of the average cartoonist. That to this day, and they just keep getting better and better. They're going to do a lot of less necessary jobs, and others will come out, just as there were no youtubers or influencers 30 years ago.

As far as I'm concerned, I've had this debate in poker. When the first bots came out, people made fun, or rather, we made fun, because they were better than the typical recreational player or fish, but they played in a very simple way that we regulars could beat.

It's been years now since AIs are better than the best of humans. Is that the end of poker? No, on the contrary, what these tools have done is to give leverage to those who study poker with poker solvers.

I belive the following is the best reason to believe it is an unfounded conspiracy,

Well, I already talked about this in the other thread.


Sure, sure, I've seen worse posts than that written by newbies getting merits in the B&H section.

That IA doesn't stop improving and learning from experience, it doesn't get tired. I don't know if it's that you think it's going to stay at that level of quality or shitpost. No. It's going to get better.

The AI writes much better than the average user of the forum, and for me, without getting catastrophic, it will bring leverage. I think that in a few years AI tools will be used to write, in the same way that people use automatic translators to write in the English section of the forum.

What theymos said is that if someone negative tagged someone else for things concerning merit other than buying merit they were not going to be in DT for long. I'm speaking from memory but I'm sure he said something like that. I imagine someone with a facility for finding quotes like LoyceV can provide the quote here.

So anything that isn't merit buying and selling, he doesn't see as a big deal.

Considering that there are almost 22,000 alts, I would say that they destroy themselves. The focus should not be put on bitcoin. Bitcoin was first, and the success attracted many imitators who have come to create real garbage, if not scams. Some of those that existed in the past no longer exist, and many of those that we see now will not exist because they do not really bring anything more than speculation.

No, but I go to the casino by car or cab. I'm not going to go to the casino walking down the street with a good amount of money, and I live in an area where there is not much crime, but you never know who might be lurking. Whenever someone has seen you handling large amounts of cash, precautions should be taken.

I invested in fun token when freebitco.in started to support it, but after a few months I sold it, from what I remember remaining break even or in slight losses, but compared to having left it in Bitcoin a clear loss. This was when the market was better than now, so I imagine that now it will be worse for those who invested in the token.


Screw the tokens. I only want to bet with Bitcoin, although as I understand that many people also use alts, with the top 10, including a couple of stablecoins is enough.

I don't know where you live but where I live that doesn't happen.


I deny the premise. It is not impossible. If you live in a place where to enter a casino or bookmaker you are asked for an ID and your visit is registered, with large fines and even jail sentences for those who skip it, the possibility of a 14 year old entering is reduced to practically 0.

Education is fine, but if you live in a country where this is not controlled and minors are allowed to enter gambling sites everywhere, even if you educate your children, there is always a risk that they will end up in a gambling site at some point.

I don't know if this is the case or not. That's what I see it saying. But in a practical way I do think it can affect Bitcointalk.

Someone catastrophist might think that AIs could replace humans in the forum, and no, I don't think that will be the case in the short to medium term. But there have been revenue-generating blogs written with the help of IAs for some time now.

In the same way, I think that AI can bring leverage, in the same way that automatic translators bring leverage. Take for example The Cryptovator, formerly Coocryptovator. Either he suddenly improved his English a lot from one day to another, or today he uses an automatic translator and before he didn't, just like many on the forum.

The only reason I'm not using it is because it asked me for a phone number to register, but let's get down to the nitty-gritty. In response to a question from a newbie in the B&H section of the forum about what Bitcointalk is and what you can do here, the AI just clicks and in a second writes a much better summary than I could do and in less time.

What can this bring to the table? Leverage. If there are many who today have two accounts, it will be feasible to have 4, 5 or 6 accounts without getting tired. It's just a click and then review what the AI has written, making some tweaks, adapting it according to the case.

If it is to write in the gambling section, I believe that there will be no need for touch-ups, because the AI will do it better than the average user of the forum.

For the rest, what I say. I am curious to try it although I don't think I will do. To create a new account that publishes posts written with AI, obviously revised and retouched as needed. 

We live in a time when professional translators are helped by machine translators, bloggers are helped by AI, so it will not be surprising if AI starts to be used in the forum. Not as a substitute for those of us who write, but as leverage.

Well, if you buy something in a store with Bitcoin, the store will be obliged to declare it, another thing is if with blockchain analysis they can know who you are. But the states want you to declare every sale to charge you capital gains in their case. If instead of $16k you bought at $1k they will want to tax you for almost everything you spend. Just think that the EU is planning to treat all transactions with KYC, but whether they could if it is approved in the end is another matter.
 
But I don't even know why I'm explaining this to you, since I think you know all about it. If what you are aiming at is an ideal world in which most transactions are done P2P and escape the state, as I think Satoshi conceived, I think that will never happen.


If you sell me something and I pay you in Bitcoin, there is no intermediary, but we must both legally declare the transaction. Another thing is that it is not done, as I think it is not done in many transactions today, but the states know that money and power is escaping them because of that and they have started to work on it.

Here most of you seem to be downplaying the importance of this but I am seeing quite a bit about that AI lately and it seems to me that there is going to be a before and after about this. For starters it's going to put a lot of programmers out of work people are saying.

On the forum, maybe now you can discern the messages from an AI, but you have to think they keep learning and improving day by day.

I remember not too long ago, like 5 years ago, people were still downplaying the importance of machine translators. How many people used automatic translators 5 years ago in the forum and how many use them now? They still have bugs, but much less than 5 years ago and they are getting better and better every day.

I have seen posts from people testing AI on other forums and although to some extent it is discernible, in other cases it is not so clear and there is a lot of content.

Give this a few years and we could see an AI in the top ten merit earned ranking on bpip.org

Does anyone think this is not feasible? If it isn't today, it's only a matter of time before it is.

However, I don't think it's necessarily bad, as I see people say when they see what it's capable of doing, well no I'm not a Luddite. But I think we will have to be attentive to how this evolves, which will undoubtedly affect many areas of our lives, and the forum as well, if only because we talk about it.