Buying gold to me is something people to do protect their wealth. If you have more money than you know what to do with, sure, get some gold as insurance. If you’re trying to maintain spending power and beat inflation though, your best bet has always been stocks. I feel like cash and gold are both lost or confiscated more than I’d feel comfortable with, but you rarely ever hear of stocks being lost or confiscated, not to mention their historical return has been quite higher than gold or cash.

I also think along those lines, extremely luxurious casinos could still thrive as they can attract the richest and offer them incredible service and a great experience, however I think the casinos aimed to the middle class are bound to eventually disappear, Las Vegas could thrive since gambling was basically banned everywhere on the US and anyone that wanted to gamble legally had to go there to get that experience, but now gambling is everywhere and you can even do so from your home with your smartphone, so I do not think those casino can survive with their current business model.

Well, physical casinos are dying, maybe yes, but I think that even in the next 50 years to come, there will still be physical casinos around  that are doing very well, the physical casino might not be in every location, but it will definitely be in several part of the world, most especially, remote areas where user don't really have access to smart phones due to really poor network coverage, there are alot of places like this in some African countries now.

It's too big. There are a lot of online gambling casinos that new casinos are going to struggle unless they provide something exceptional or something very new to the player base. If not, why would someone want to play in a new casino that has no reputation? Currently the whole industry is currently being dominated by few big casinos I guess.
Those gambling industries can afford paying those celebrities and sports players hundreds of thousands of dollar, and the players are willing to accept it. Sponsorship isn't something new. The casinos do need to advertise themselves or they will end up losing the race. Yeah, it might have some negative affect on kids and will make them curious, but as far as I know some countries are banning such kind of advertisements.

However, that it today....tomorrow is tomorrow.

Even the collapse of this $1 trillion crypto industry will not affect the global financial markets, SBF is nothing. Just because he's the one who caused a storm in the crypto market doesn't mean he's big enough to cause a major crash in the world's finance. I see no connection between these two events.

The collapse of the world financial system is also part of the world economy, and is inevitable. Let's not forget the failures of the past, and most recently, the economic crisis of 2008 and the collapse of Lehman Brothers.

Against the backdrop of growing economic problems in the United States, this green environmental movement is becoming more and more like a large-scale scam to develop budget funds for an initially economically unviable idea.

But to me it’s better a company increases their price and maintain their quality and quantity, people that really know the quality of your products will still patronize, but most company owners don’t really know this.

You are forgetting the polution generated from the manufacture and distribution of new cars, and the poillution resulting from over complex engines that drivers can no longer maintain themselves, or afford to have garages maintain then. I drive a 1988 Volvo 740, and several reports state that it will take 20  years or more of my driving to equal the pollution created as a result oif the manufacture of one mid range Tesla. That doesn't include to pollution and damage resulting from the generation of the electricity to power it.

I continue to stand and defend my personal point of view that the impact of Bitcoin is highly dependent on the context of each nation.
Argentina, Venezuela and Nigerian are examples of countries where Bitcoin and other altcoins have increased in adoption and volume, because the traditional banking and financial instruments have failed or are very weak in the pursue to provide to their people with reliable means of managing money and secure value.

The BRICS countries couldn't care less about manipulating Bitcoin. How did you come up with this weird theory?
They simply want to dump the US dollar completely. I doubt that their attempt at creating an alternative global currency would be successful.
Using their own national currencies instead of the US dollar would be a way more successful approach.


The economy of the so called "west" is artificially pumped by the money printing machines. BRICS countries have a big enough population and natural resources to survive without the "west". Can the "west" survive without the BRICS countries? Most likely yes, but at the cost of lowering the standard of living of the western middle class.

If they did not or were not able to kill Bitcoin and cryptocurrency market in 2009 or a few years later when this ecosystem was very small and more easily to be eliminated, how will they succeed now and in future?

This ecosystem has become bigger considerably in the last few years and it has invaded into traditional finance markets as well as politics. I believe it has reached to a point to exist forever and it won't be eliminated by any bill, dozen of bills, a single country or many countries.

Bills are not bad and some bills might have positive contribution for cryptocurrency ecosystem. I know if you think negatively, you will always see the world like this and future for cryptocurrency like this.

People who spend more than they should, paying high interest on credit cards I'm sure are tremendously profitable for companies. I can't find data on how many people defer payment with credit cards and it seems to me that it is not by chance, it seems to me that the companies for some very good reason for them don't want to make it public.

We live in a credit-addicted economy, just look at how states spend. So it is not so strange that many citizens do the same, what happens is that these citizens do not have the power of the printer that many states have and they put a noose around their necks.