Hi,
I am interested in doing research related to the idea of developing a Decentralized autonomous global government, that is a coded open source entity that would set the rules to how countries, institutions, people and businesses, crypto included, interact with eachother. Well, a global government but without the corruption and inefficiency sides.
Does anyone know about serious articles, posts, research on this subject? Thought and ideas welcome too.
Thanks in advance,
FX
Yeah, good luck with that. The people in power and who have the ability to wield billions, if not trillions, are not going to give an inch of ground to you - however noble you might think your idea might be. Governments have spawned and developed over many hundreds, if not thousands of years, to serve the people of their country rightly or wrongly. You could look at the blockchain model as a very effective system for potential transparency in voting but beyond that your idea is neither original or unique. Many people, including hippies, have had these wild ideas over time but it does not amount to anything because there are many vested interests with the ability to either quietly or publicly crush you. |
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Last week, I read a painful story from a local newspaper where a huge amount was legally won but the lottery company is refusing to pay.
In USD conversion, the guy bet about $690 and won about $169,000, but the gambling company refused to pay him, claiming that his record of the winning has been wiped off from their database as a result of a technical error.
The first step he took was to report at a police station where he was offered about $23,000 by the company which he rejected. He later reported at the National Gambling Board where he was offered about $29,900 which he also rejected. It's at this time he charged them to court with three counts charges of Conspiracy, Obtaining money under false pretence and Stealing.
The case is on, and I hope he wins. The guy is lucky enough to have money to file charges and this is happening within his reach/jurisdiction.
This is a very sad story to me, which is why I ask these four questions:
Can this guy win the case?
Has anyone experienced not being paid for their winning for real?
Why would they take your big money but refuses to pay big winning?
What could be done to curb this cheating permanently in gambling?
What actual proof does he have that he won this amount? That's one of the first pieces of evidence a court will ask. It seems like a rather amateur mistake for what presumably is a licensed lottery operator to make, to lose this information - are they saying his name is not present in a database of ticket buyers? Are they saying they don't know what the winning results were? I don't understand why they would offer such settlement figures unless they were fairly confident he had a case against them, in which case a judge will likely side with the claimant because he shows they are not competent operators. I don't understand how he charges them with anything, doubt he is a police officer and it would likely just be a civil court case against them. |
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The National Student Clearinghouse Research Center, in their most recent research, has found that college and university enrollment has dropped for the third straight year since the pandemic. Specifically, between the fall of 2020 and 2022, undergraduate college enrollment declined by 4.2%. Why is this so?- Concerns about college affordability and student debt
College remains at its most expensive ever—tuition at private, nonprofit four-year colleges costs an average of $38,070 per year during the 2021-22 academic year, and public four-year colleges are charging an average of $10,740, according to the most recent Trends in College Pricing and Student Aid report. The Biden Administration announced in August a plan to forgive up to $20,000 in existing federal student debt per borrower, but that wouldn’t help those taking on new debt and public attention before and after that announcement has served to keep student debt—and the burdens it places on drop outs, graduates and their families—in the news cycle. The labor market for workers without a college degree is still strong. The unemployment rate in September fell to 3.5%, and the number of manufacturing and construction jobs is on the rise. (Construction as a college major saw a surge in interest this fall, with the number of students pursuing associates degrees in the field rising by 7.4%). High school graduates that opted not to go to college during the last two years have yet to enroll, the Clearinghouse data shows. These prospective students appear to be saying instead of going to College or University they should just work construction or do some courses online and acquire a skill, since they might not be able to pay off their student loans even after graduation. Has Colleges and Universities stopped bring values to students? Has the ROI of Colleges and Universities dropped? It's unsurprising in a way, because we all see the ridiculously high prices that these college and universities have been squeezing out of youngsters for year after year. Saddling a young mind with such enormous amounts of debt can be crippling and debilitating at one of the most critical times of their life. We're asking them to take in vast amounts of knowledge while at the same time burdening them with vast amounts of debt when in many cases they might have barely seen a few thousand in their bank accounts. I can understand why many would prefer to take a more apprentice and hands on style of learning, which might actually be more beneficial for the companies who often end up molding these youngsters into the workplace anyway. |
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A quite interesting thread in my opinion, I am on a lot of gambling site discords and a lot of them have channels like "big wins" My last big hit was on wolfbet, I hit 133,337x on limbo which made me win arround 300$ - Arround a week ago, this is the hit: What was your last big hit? I would like to know  My last big score was a couple weeks ago and it has to be kept in proportion really. It's not into the thousands like many people would expect, but it all came from a free promotion so it still makes me happy that no money was ever at risk. It was about $125 for picking the right score in a bunch of games on a fiat currency gambling site. I've won roughly the same amount once a year from free games for the last 3 years running and rarely ever put my own cash to work. Finding covered bets that can unlock free bets and other promotions is the name of the game, had accounts restricted at a bunch of sites but there are a few still active that keep throwing money out there surprisingly. |
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According to a new survey, three-quarters(76%) of U.S. adults are delaying big purchases and reducing debts since they are worried about an impending economic downturn. Below is the summary of the findings: - 34% of Americans are delaying major purchases like a home or a car
- 29% are paying down debts
- 28% are planning to reduce holiday spending
- 24% are allocating more income to savings
- 24% are staying in a job they do not enjoy
- Dual-income families should save at least 3 months’ worth
- Single earners should put aside 6 months or more
- Entrepreneurs should set aside 1 year of expenses
In addition, from a personal standpoint, investing in a cryptocurrency, especially bitcoin, acts as a buffer against the harsh realities of a recession. Please share your personal experiences on how people in your country are preparing for or dealing with a recession. The writing is on the wall right now, we had almost a decade of the good times and now it is time to pay it all off. We're already seeing stocks dropping slowly month after month in major indexes around the world, it could easily continue throughout 2023 unless there is some great news like the war in Ukraine coming to an end - that might see a happiness bump and alleviate some of the problems. However Putin is a stubborn man and Ukraine will not back down either because their land has been invaded. Unfortunately he is a barbaric man so it could get worse before it starts to get better, the sooner he is gone the sooner the world can be more peaceful again and economies start to stabilize. |
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I have seen more than 2 casinos locking user accounts for this action, and is it really the users fault?
If the users claims tons of faucets or bonus is because the casino engine allows it, and if the casino is losing money with this action they should fix their code to avoid this problem and not steal users money.
The casinos sets the rules of the game, and if a user is smarter enough to find a way to make profit with those rules then they shouldn't block users withdrawals.
So, what do you think about this?
If the user is using a single account and staying within the bounds of the rules, then generally there will be no problem. However from the casinos perspective if a user is just "farming" freebies and disappearing with money, in comparison to players who are profitable to them, they'll likely try to stamp out this behavior in the long term. Such accounts usually get restricted or at least any offers will not be eligible for such a user in future. Sometimes you get notified when this happens, other times you will not even know about missing future offers from your account. It's bad business to block such players entirely, but all free offers might be cut off at a certain point. |
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Scalability is a project's ability to take into account the upsurge in consumers, transactions within its network, as well as expansion to better cater a larger array of audiences, regardless of common barriers like distance.
It is also not unbeknownst to us that cryptocurrency gets flak on how it pollutes our environment. Most environmentalists note of the cryptocurrency industry's operations that as of now is still largely dependent on non-renewable resources as "environmentally-detrimental". So the solution of some cryptocurrency projects in the market is to switch to a different consensus mechanism, from the usual proof-of-work that is not only time-consuming, but is also detrimental to the environment in a sense that the longer a transaction takes to process, the more energy it requires to operate, to the new and improved proof-of-stake. Recently Ethereum became one of these cryptocurrencies who switched to a different mechanism, allowing not only for better operability within the Ethereum Network, but also for better scalability, since a faster network could always support larger bases of operation without issues.
With cryptocurrency rising on the preface of technology, I think it's high time that we start creating projects that not only takes into account the future of the project itself, but more importantly the world it is being built upon.
At the root of the problem lies the idea that we already have payment networks like Visa, Banking or even Paypal that exist just via simple databases with an API on top of those for secure communication. For cryptocurrency to be able to truly say it is better than these existing networks, it needs to be able to calculate both at the same speed and also with the same level of energy usage as these existing platforms. It is a difficult challenge set down and it might be able to carry a tiny excess since it is decentralized in nature, but essentially it is still quite far away from being able to call itself as energy efficient as existing networks - so it will continue to get flak on this front for a while to come. |
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I do not know if any of you guys remember, but the whole idea of metaverse is not new. Long before the metaverse hype, Second life had already introduced the concept and kept its leadership in the industry until very recently. Anyways, the concept was adopted by Dragon's tale, which was the first-ever Gambling metaverse Casino in the cryptocurrency space and where many players could get a lot of bitcoins simply by completing missions and treasure hunts. Is anyone still playing Dragon's Tale today? It's definitely interesting to see all these older versions of open worlds and the terminology to reinvent this wheel. Obviously newer versions, which have since relabelled themselves as the metaverse, have more computing power available which will always improve them over time - but the whole idea has existed for such a long time now. Let's hope that the latest leach, Facebook, is prevented from stealing any patents in relation to their new open world environment because that is often what stifles new competitors from later joining the market, it often isn't about them being the first creator but the first one attempting to patent it without useful opposition. |
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Over the past years we had faced an economic growth considering that interest rates had started reaching lows and people had started spending money. The last months, possibly during summer 2022 and some months after Putin's invasion to Ukraine we experience a new recession, almost ten years after the previous one. I think that the problem is global - and not specific to my country. Gas prices are soaring, prices for items for basic needs etc. toilet paper are increased by 25-30% and bread, milk eggs and food in general are higher in price for almost 40%. On the other hand, I cannot see any increase in salaries and see that we are in a stable economic situation. Having said that, the purchasing power of consumers is decreased, and inflation keeps increasing in rates. Elon Musk said in an interview that this situation is going to continue till Spring 2024. This painful situation has a major impact to all aspects, even cryptocurrencies. The crypto market is not going to recover if the economic situation is not going to be reversed. This stems from the fact that neither investor not crypto startups will take the risk to invest money right now. If Musk is true, we are going to see only the strong ones survive during those two years... The average gap between major recessions has been 8 years, technically you might call the short sharp drop at the start of Covid a recession, but it was more like a correction that we get every 2-3 years. It is part of the natural boom and bust economic cycle of market economies - there is no getting away from it based on historical evidence. In the boom times people borrow a lot, spend a lot and the times are wild. In the bust times, people are paying back debt until the banks generally get in a place where they are more comfortable lending again and the good times pick up cautiously again. Ignoring this or trying to tame it is a task of futility, so better to just take advantage of opportunities whenever they appear. |
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I have not paid attention much to people winning on gambling sites. I do not mean people that just win, but people that win big like over $10000 or more. All I have known is that people that won so big are publicized and people know them from there.
That is dangerous, it means no privacy and people that are known to the public can be the victim of robbers and there can be physical attacks from robbers in order to steal from the winner. That is not all, even if there is no physical threat, people like me and some other people on this forum can be afraid, feeling unsafe of attacks.
I do not expect gambling sites to be publicising this kind of news. Will gambling site ask for the permission of the winner for the winning to go public? Or the winner can just be anonymous in a way his name will not be mentioned?
I guess it depends entirely upon what country you are in or what possible terms you agree to when playing in the casino. For example if deep in the text of the freebie membership account that you open allows them to publicize your name in the case of big wins, then that might be fair if they throw some free chips your way to play with at the start. There are also privacy ramifications, which might make this setup hard in places like the EU which have some advanced legal restrictions on what you can do with personal data. Who knows, it's good for the casino to advertise the occasional big win so they might even offer a small premium to go with your prize. |
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Economic growth depends on the state's economic policies, where the government has the right to regulate and finance a program for the development of the country's economic development, but the policy is actually used by the government who uses it for personal interests and even policymakers. self. This event is very common in both developed and developing countries.
not a few policymakers who ask and even cut the budget from funding the program for the benefit of themselves and their groups, citing administrative and accommodation costs. that is why a country's economic development program is difficult to achieve and bankrupt the country.
is there a way to handle it?
It is definitely more prevalent in developing countries and it tends to stem from institutions that are external to government interference. These sort of institutions can take many generations to establish and it is their longevity that makes them more powerful, but obviously they need to have transparent and fair processes too - in case they get manipulated too. Having a free press is also important, but it must also have enough independent owners that are not in with government ministers, we're seeing in countries like Hungary how seemingly democratic states can be undermined because the leader is so rich and uses the media to suppress his rivals in many different ways. |
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These are two gambling stories that are very interesting Story 1A man stole his girlfriend's 10k to place a bet. He won 100 million and returned 10k to his girlfriend. His girlfriend is furious and demands 40 million dollars. *Read the full story hereStory 2An apprentice who won 16 million naira on BET was asked by his boss to split the money into two parts. This 50 - 50. As the story goes, people sided with his boss, and he had no choice but to comply. It's important to remember that the money used to bet belongs to the apprentice, not the boss. *Read the different opinions of people hereFirst, in your opinion, what would be a reasonable amount to give his girlfriend? Second, assuming you were the apprentice in the story, would you abandon your training or would you have given in to the pressure to split the money with your boss? One million sounds like a lot, but in this context we're talking about the Nigerian Naira which has an exchange rate of 436 to 1 US dollar according to Google. Still some sizable sums involved and no doubt these amounts would go much further in Nigeria, but in the global context in a place like Europe 16 million is about 37,000 euros - maybe 1.5x the average salary. Large but not necessarily life changing amounts and it sounds like in the first story the girlfriend found out her man is not really decent after all, I guess she is one of the lucky few who at least got her money back in such a situation as most would have lost it all. Unless we're talking about half a million Euros (or equivalent sum in local currency) then you might be better off keeping your profession and just buying a nice house to use. |
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After the release of its Q3 earnings results on Wednesday, it was disclosed that Tesla did not sell any of it's BTC as balance sheet still show $218m in digital assets. In 2021, Tesla purchased $1.5bn worth of crypto but sold of %75 of it's shares in Q2. Records show that in Q3, the company's revenue rose to $21.5bn. This upsurge has led Elon to declare that at the rate they are moving, the value of Tesla shares can be worth more than the values of Apple and Saudi Aramco combined. As of October 2022, according to market cap, Apple has a market value of $2.311trn, making them the world's most valuable company, while Saudi Aramco has a market cap of $2.092trn, coming close second most valuable company. https://www.google.com/url?q=https://companiesmarketcap.com/apple/marketcap/&sa=U&ved=2ahUKEwiV5syEpe_6AhVvxQIHHUpLD7oQFnoECAkQAw&usg=AOvVaw1tYZ1kIq9BT2DBYoeILa12 Elon has a penchant for competition, as this is quite expected in business, but can he be able to overthrow Apple's position or will his interests move to something else in the future? https://news.bitcoin.com/tesla-holding-218m-in-bitcoin-elon-musk-expects-company-to-be-worth-more-than-apple-and-saudi-aramco-combined/Elon, the largest shareholder, has every incentive to try to over exaggerate Tesla's future because he stands to gain the most from it (provided he hasn't sold off too much) - making this a rather moot news story. Not only that he is currently looking at a huge bill for buying Twitter, which he has no way to avoid due to Delaware's aggressive pro company legal stance. That means he needs to figure out ways to raise more money, which he might do by swapping shares or trying to pump up the value of his existing holdings. At least he is being less manipulative or outright fraudulent in making claims than in the past, as this is merely his personal prediction instead of claiming some secretive group of buyers want to take it over for a huge price. |
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As a responsible gambler, I know we don't let gambling change our lifestyle. If today is your luckiest day ever in gambling,on your first game you won the sum of $50 000.
First, will you quit the game immediately and withdraw all your funds or will you play for awhile because you are excited.
Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
It really depends what you consider a big win, possibly in comparison to your existing income because for some people out there $50,000 would barely make a dent in their finances for one year - it'd be a a small win. If you invested it wisely then $50k could start to produce you a nice little steady income in the form of dividend payments if you were to move it into the stock market but most gamblers would fritter it away as fast as they got it. That is the paradox of a gambler, they will lose and they will win, but often they will keep on playing just because it is a habit they've formed that they chase blindly. Those in self control would be lucky to win such amounts and likely withdraw it to pay off part of the mortgage. |
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Are you ready to face it? This condition is caused by the COVID-19 pandemic and uncontrolled inflation and other factors. if you as an investor need to withdraw investment assets or move to other investments or just keep quiet. what steps will be taken to secure assets to avoid unwanted risks
A decent investor might have withdrawn their money a few months ago, if not back in January, there were a lot of alarm signals going off since the start of the year but we're just now starting to see a gradual trend down. This is likely to be a long and drawn out recession, unlike the random predictions that economists are predicting. Putin is simply too unreliable and bloodthirsty, he is just ratching up his sadistic methods in Ukraine and will end up dragging the whole world into war because countries like China, Middle Eastern countries including Iran and to a lesser extend India are spineless cowards who have no interest in doing what is right. When they are all sucked into war as it spirals out of control they can blame their weak and short sighted politicians for leading us there. |
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Let's be honest, money laundering is the best thing that can happen to a casino and there is where most of high rollers comes from. I have seen some rollers in the past that runs some huge scams and then go to the casinos to play with the scammed money and with that justify where they get the money from after hitting some huge wins.
Nowadays most casinos has KYC, but i don't think that is enough to stop the money laundering, what casinos should do is to investigate the source of the deposits to fight against this illegal activity, but that will not happen because is a win-win game from them.
So, what do you say, does crypto casinos really care about money laundering?
It depends how big they are but most of the professional operations that have been around for many years and have threads here are in actual fact very conscious about the risks of money laundering. They do not want it and they do not entertain it, because they can make enough legitimate money that they don't need it around. If they ever get discovered as having had a strategy that encourages or allows it and they are based in any reasonable country then it will eventually catch up to the staff or even owners. Money launderers are much more likely to be hanging around the plentiful mixer operations that exist out there, because that is their very purpose - however else they try to disguise their "service" |
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In many nations around the world, corruption is a serious problem. It is regarded as a weapon of mass destruction that has greatly damaged several nations' public and private sectors.
Several of the factors that contribute to corruption are listed below:
(1) Government size and structure
(2) Political system and democracy
(3) Institutional quality
(4) Economic freedom/openness
(5) Civil service wages
(6) Justice system, press freedom, etc.
In addition to all of the aforementioned factors, I believe corruption in society can be combated at a young age. This means that students should be taught about the negative effects of corruption in society and how it may influence them in the future, outside of the classroom.
When I was a student in the university, I recall that some of my fellow students who were given leadership roles in school organizations embezzled thousands of money into their own pockets. By this, I mean that some of the expenses for improvements to the school that benefited all of us which was mandatory to be paid by every students. Imagine if they had been exposed to millions or billions of money instead of only thousands of it at the time when they embezzled the money, I’m sure they’ll still embezzle more.
Most times, people like that are frequently given the opportunity to serve the public in elected office. When exposed to public finances, a person with a history of embezzlement will always find a method to make off with large sums of money. Before becoming a fully corrupt leader, everything starts in school at an early age. At that point in their lives, a mature individual who has corruption ingrained in their system will find it difficult to let go of it.
However, I believe that if the problem of corruption can be addressed at a young age, every country's degree of corruption will significantly decline in the near future.
Unfortunately it is a generational problem that takes a very long time to fix and if the society you grow up in is tipped this way, then it is an incredibly hard thing to resist against. Take a look at the tipping culture in America for example, it makes absolute sense to abolish the whole concept and have a minimum wage (with tips entirely optional) but you have many states which skirt around paying their staff proper rates and they essentially have to put this nasty fake act on to appease (read: beg) every customer for money. It's degrading, but is so ingrained in their culture that it would be almost unfathomable to many in the USA to change it at this point - against all logic. |
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Is KYC verification very important to crypto gambling websites or this has something to do with their regulations rule? Where can one gamble with zero verification requirements?
Essentially it is less about knowing the casino is safe and more about understanding that KYC generally symbolizes that the owners live in jurisdictions which might start to pursue them if things end up badly. It should not be relied on by itself and you should definitely get a "feel" for whether the process is being handled in the most professional manner, because you are essentially handing over very sensitive and important copies of documents that could be used to commit fraud against you if falling into the wrong hands. I actually feel safer going through such a process, as long as everything else about the gambling site fits - but it's something you only get a feel for after quite a bit of practice. |
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According to a Bloomberg story, the European Union plans to introduce an energy efficiency label for Bitcoin and other proof-of-work cryptocurrencies in an effort to reduce energy use. The draft plan, which is expected to be made public later today, urges the international political scene to exert pressure against the energy use of bitcoin miners. This action against bitcoin miners appears to be a precursor as the EU gets ready for a winter with fewer gas reserves from Russia due to the ongoing conflict. The energy usage argument has recently made an effort to pick up pace as Greenpeace allocated a new $1 million budget to criticising Bitcoin and the White House started drafting its own laws to handle the bitcoin mining sector. With all these in play and Bitcoin miners already scaling down production, Being in the mining business right now would really be a bad idea. This plan by the European Union is bound to negatively affect not just the bitcoin market but the entire crypto market which has largely assisted in financing the purchase of resources and the provision of financial services which had in turn greatly hastens the global economy's economic, and social development especially in developing nations. Anyways what do people think about this. Share your wisdom please. This was inevitable with the recent energy crisis going on in Europe that was caused by Russia's unnecessary war against Ukraine. Even before that there was discussion by some politicians as to the actual usefulness of mining operations and it is a relatively easy target that would not affect the average member of the public. Not only that but it can be used as a next target for sanctions if they can even put together shreds of evidence that it is being used by Russian's to evade financial restrictions. Altogether it seems like a sensible plan that should actually be welcomed by crypto users because it gives a bit more legitimacy to them in law and could help spur innovation. |
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Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$
There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.
what you think on my method?
This is not a strategy, you will always run out of money before the house so it is destined to fail. You're a fool who bumped into the martingdale strategy and think you've unlocked some magic recipe. All you will do is keep losing and losing until you run out of money like thousands of other misguided people have done before you. I doubt you have much money at all if you come to the conclusion that this will set you up. Why are you even hear sharing your master plan if it is so successful? Surely you must be on a beach in some beautiful place living the life of luxury with your billions of dollars in accrued winnings? No? That is because it does not work and never will. |
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