I'm asking this question seriously, though I'm going to qualify that by saying that I'm not planning on doing anything like this. It's just a fantasy of mine, and the question very much has to do with economics, i.e., it basically has to do with economies in various parts of the world and the cost of living. **Edit: This thread would be appropriate for Bitcoin Discussion as well, but mods, please don't move it there. This isn't a thread that's meant to be funny, and I'd like thoughtful replies--which I won't get if the thread gets buried in a picosecond within the wasteland of what should be the most important section on the entire forum.**
I think a better way to phrase it might be, is there a place in the world where you would want to live like a king via Sig campaigns? You could look at India and Pakistan as a rough baseline - the average salary there is in the $400 dollar range which is possible with the highest paying campaigns. Even there, that sort of money could stretch further in the countryside than big cities. I think those countries still suffer from a lot of poverty so you'd be making big trade offs at such a salary. Unless you're a local who knows the system, it feels like you might struggle as an outsider to move to poorer regions than that to achieve this aim. |
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We're developing something to reduce human error in crypto transactions, especially those in which some mistake was made when writing the receiver address. Can you guys help us have a greater perception on the user side? - Did it happen to you?
- How comfortable are you every time you transfer to a remote address?
- Would you be more comfortable using a helper?
- What do you use today to mitigate this risk?
Thanks It feels a bit like wasted time to be honest and I'm not sure that you would get much transaction with such a piece of software. It feels like something that you might use inside wallet software but not as a standalone product by itself. Do you envisage it as a website or a piece of software to download? As people will, or should, be extremely wary of installing any software on a system even loosely related to their bitcoin funds. There seems like other much greater choices for your time, copy & paste is already an effective helper. |
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I was spending some time with my friends parents and there was not only a huge party but all of them placed p2p bets on the horse racing. They asked me to come over as well, the ending was deeply sad and essential to cover : The horse died after winning of a heart attack. The horse was presenting signs of heart attack on the camera but no one was actually even giving it a second thought and at the end when it was the last lap, all the horses got whipped excessively hard as well. That gets me to my point "why do you support horse racing?" This is honestly far to cruel to continue. According the this site: https://www.horsedeathwatch.com/background.php they have seen more than 2000 deaths in around 5500 days. Most of the horses die during the match as well, they also have instances where they are exploited using drugs (doping). Are you aware that most of the horses go through slaughter as well? Some of them have very bad injuries making them not even the least bit useful for the business therefore they are killed without second thought. I do hope people would get more aware and try and steer away from *horse racing*. You bring up some interesting points that deserve further investigations. The use of whips should be stopped as we don't see that sort of action against animals in many other sports and it should be possible to ride without them. Doping is always a concern and I can only imagine that most big races would already be taking steps to stop this in fairness. That does seem like a disproportionately high amount of deaths, however it is worth considering that even highly trained athletes also suffer from heart attacks due to pushing themselves to the limits. |
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Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid EvasionThe AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it easier for tax agencies all over the world to curb evasion. The organization has already made use of financial information to collect taxes from Argentinian users with bank accounts abroad. As expected, The government will do the best they can to milk money from crypto holders. This is the first time I read about the government creating a centralized record of the registry of the crypto holders in order to get tax on whatever profit the crypto holder has. It looks like this is the start of the crypto tax collection exploit of the government. I am sure after this one becomes successful, many countries will follow this example. So we better expect that in the near future our very own country will do such a thing. Cryptocurrency blockchain may be decentralized but the government seems to have its way of breaking its shell. It's always interesting to see how different governments react to cryptocurrency and it does feel like Argentina are overstepping the mark a bit. If you bought cryptocurrency with money that is already fairly taxed and there is the assumption that you will properly declare any future earnings from it, that should be enough. However their current stance feels like huge overreach and could backfire by driving reporting further underground. While the notion probably sounds good and noble on paper, it's not going to work well in this form. |
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Here’s a recent video where Kitco (a highly respected precious metals dealer) interviews the infamous Dr Craig Wright. I am still absolutely and utterly amazed at how many people legitimately think he’s Satoshi. I’ve watched a lot of videos of Craig, but this is maybe the most lying I’ve ever seen him do, one thing after another.
Let’s see how many lies we can point out and discuss..
(Sorry Craig, sue me)
Frankly if Satoshi was an individual it is more than likely they have passed away by now, the alternative is they are some sort of government agency who let this software out into the public domain without realizing how popular it would prove to be. Ultimately the idea behind it is creating a global currency, so it's surprising that there are not more conspiracy theorists out there taking that view on it and calling it a bad thing. It seems to me that if Satoshi is alive, they are humble and possibly rich enough never to need the funds that would be available to them from owning the first Bitcoins ever created. Some people do not seek wealth and are content with unleashing a legacy the world without trying to attach their name to it. |
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I want to dig into it and see if it's plausible, possible, feasible, and even worth the effort. Anyone interested in doing some research with me let me know
If you're a very skilled programmer who knows the ins and outs of building a secure system that can manage deposits (even if via a third party) then it might just be possible. However it is a seriously competitive market out there and because it generates so much money, you are up against established contenders with deep pockets. If you have millions to throw at it you can certainly get a boost up with some creative marketing, but you'll probably also need a few million to navigate all the legal, licensing, staffing and security aspects in order to keep your site online as it will come under attack if perceived to be generating a nice profit. Doing it on a budget will be very difficult and likely take many years to establish through constant hard work along with ingenuity. |
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Another Country Adopted Bitcoin as a Legal Tender.
The Central African Republic has adopted bitcoin as legal tender, the president's office said Wednesday, becoming the second country in the world to do so behind El Salvador.
It's cool to see another country adopt it as legal tender and definitely builds on it's credibility as an upcoming reserve currency. You always need to be aware of the basis for these things though, as it might just be a populist politician trying to score some easy votes by looking tech orientated to the younger generations. It always made sense for African countries in particular to start using cryptocurrency more, as they often get screwed over by their local banking systems with high fees and exchange rates. This also makes it easier to secure funds outside of their houses and without being subject to bank runs which can more easily happen in fragile economies. |
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A new economic system is coming to the world and that system will not be dominated by the West. Russian Security Council Deputy Chairman Dmitry Medvedev (former Russian president) said in an interview with Russian media yesterday. Medvedev said: "Hellish sanctions imposed on Russia by the United States, the EU, and their allies in the Ukraine conflict have failed to cripple Russia. Now, these sanctions are coming back to the West.
"As the West continues its futile efforts to corner Russia, the world is slowly moving towards a new global economic relationship. We are moving towards improving the financial system ', he added.
"Confidence in the reserve currency is fading like a morning mist and the prospect of the dollar and the euro leaving does not seem unrealistic now," Medvedev said. High inflation rates weaken USD dominance for sure but are it really possible to replace USD as a reserve currency or the USA will allow that so easily? The era of regional currency is coming? The trouble with authoritarian government, which has been shown many times throughout history, is that they are built on so many lies driven by fear of repercussions, that the people at the top rarely see a realistic picture. In such governmental systems, independent thought is dangerous and frowned upon, but that ultimately leaves you inside a society which stagnates and cannot adapt to new conditions as well as a society based on freedom. It's blatantly obvious to see it every day in the world - How Europe, North America and similar countries got rich because they foster innovation. Compared to much bigger population countries which are mired in corruption and abuse from the top down. |
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When you are using a centralized exchange, you are trading your privacy for convenience. Assume that everything that you share with them - your ID, your address, your photo, all your transactions and trading data, will be shared with third parties. It can be your own government, foreign government, private companies and so on. And you never know what consequences it can have, maybe someone will decide to "cancel" or prosecute you over a transaction you did 10 years ago?
I used Binance once to transfer out some Dogecoin and the whole experience was very off putting. They make it convenient to transfer lots of coins in, it was once of the largest exchanges at the time which supported selling Dogecoin, but the interface outside of the trading platform is designed to frustrate the user at every turn. They put several unnecessary layers in if you try to move any funds outside of the platform - I got to the "final step" at one point and they froze the funds, which involved a very nerve racking experience waiting for support chat staff to answer why. On top of all that they used a fixed fee system, which had not been updated since Bitcoin was worth much less, so they had extortionate charges for low level transactions, again this was designed to capture users and keep them on the platform. All around the experience was more bad than good. |
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I was sitting and wondering which countries might have the highest gambling rates and for me I thought it could be UK or the US but despite this I went on the web to do a rescarch on which countries gamble the most. Let's have a look at this, since this information might be interesting to you guys as well ! 1. Australia 2. Singapore ( they only opened their first casino in 2010!) 3. Ireland 4. Canada 5. Finland 6. Italy 7. Hong Kong 8. Norway 9. Greece 10. Spain !! I was just as surprised as you guys since I did expect other countries to show up here as well instead of the ones that already did but you can recheck the same on the source : https://www.google.com/amp/s/www.worldatlas.com/amp/articles/countries-that-gamble-the-most.html Other than that US , Canada,. Japan , UK are few of the countries known for their absolute support of the crypto casinos as well. What about your country as well ?? Judging by the list I wonder if there could be multiple factors in why these countries are perceived as gambling the most. There is a slightly sinister angle that could account for a fraction of the reason, which is casinos can be used to launder large amounts of "dodgy" money through it and they need to be tightly regulated or it is an opening that criminals will abuse gleefully. If we ignore that dark side, then the other reasons fueling it are a reasonably rich society possibly with less choice in other activities and maybe the novelty factor when it has been restricted for a long time so people are more likely to chase that dream when it becomes more available. I guess a lot of this is based on online gambling, because I think the amount of physical casinos in Australia is close to zero. |
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Russia has carried out its threat to shut off gas supplies to countries that has refused to pay in roubles. It has cut off gas supply delivery to both Poland and Bulgaria. I had earlier mentioned that Russia had threatened to shut off gas supplies to countries that has refused to pay in roubles and now, it has made good its threat by shutting off gas delivery to both Poland and Bulgaria. The EU has responded saying this is gas blackmail while gas prices has increased by 20%. Russia says the move is in response to both countries refusing to pay in roubles while the roubles gains about a percent to the dollar.
The whole of the EU has refused to pay in Roubles (except Hungary who will start in over a month's time), so Russia has specifically picked two countries instead of refusing payments from all countries. It's typical manipulative and hypocritical behavior out of the Russian government which just cements their reputation further as an entity that cannot be relied upon to engage in mutually beneficial trade. The sooner Europe is free from their oil and gas, the stronger Europe will become and the more subservient to China the extremely weakened Russia will become. Not only has Russia's army been crippled by this totally unnecessary and destructive war on Ukraine, but Putin is set on further destroying their economy - all Russian's will be left much poorer because of their leader who always sits in his luxurious palaces. |
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There are some gambling websites that offer free exchanges at their disposal where you can quickly convert your cryptocurrencies to fiat; and the other way around.
You are right and I have sen it on bitsler too and I have used that service as well. But when I used the service for converting cryptocurrency to fiat I noticed that they are charging me about 10% or more as a convert charge while we can use from converter site/exchange site is to lower than this amount. Though there might have only few gambling site who may convert for free. This kind of feature makes their users feel that its convenient to use their platform because they have already an integrated feature of swapping their coins but only a few platform I saw this kind of feature but mostly expensive when they use it to exchange but still it's convenient i guess the same fee too if they convert and deposit, also most of the people use this feature just to prevent having too much high fees. Whenever a casino offers a feature out of convenience it is purely designed for them to funnel more money into the casino. As this sort of feature relies on having traditional banking network connections (if allowing them to exchange fiat into crypto instantly) then there are likely to be larger fees than normal, because casinos and crypto related businesses would be considered extremely high risk so any third party will naturally charge more to take on such risk or they might just use a white label type crypto exchange who will stay disguised in the background but charge equally high fees. Basically, the casinos are not necessarily benefiting outside of removing a barrier to customers wanting to deposit fiat currency, as those high charges are likely taken by other companies. |
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The Russia's central bank wanted cryptocurrencies to be banned in its country but the Russian president, Vladimir Putin said bitcoin mining and other crypto mining will be beneficial for Russia. Some people at that time have been supectimg this could be a move by the Russia's president that he is planning to invade Ukraine which will result to sanctions, thinking cryptocurrencies would be a means to evade sanctions and make it economically less effective. Ukrainian Vice Prime Minister Mykhailo Fedorov demand crypto exchanges to freeze all Russian accounts so that the sanction can be effective, but most exchanges did not support this. I read few days ago that cryptocurrencies may not help in Russia sanction but FinCEN concluded that Russia can attempt to use cryptocurrencies to evade sanctions. FinCEN Provides Financial Institutions with Red Flags on Potential Russian Sanctions Evasion AttemptsWhat is your take? What role can cryptocurrencies play in helping Russia sanctions evasion and to what extent can this be? Ukrainian Vice Prime Minister Mykhailo Fedorov would like to freeze all of Russia completely  Russia can use mining. I think it's a matter of time. Russia may use crypto exchanges that do not comply with sanctions or do not have control systems. This is one of the well-known options for circumventing sanctions. It will actually be more of a hindrance to the long term success of cryptocurrency if Russia started using it more in an attempt to bypass sanctions or earn new sources of revenue. It would slowly bring the attention of more politicians if they discovered it was supplying a source of revenue, or way for them to move around money outside of the traditional banking system which has them pretty cut off. Once those sirens start going it might very quickly lead to bans on wider usage, along with the guise of energy preservation, which would be extremely damaging for any current holders of cryptocurrency. Let's hope Putin continues to discourage it's use and mining. |
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I do not agree with the suspension either, as it will surely affect people who are not to blame for the war and do not agree with it, both athletes and spectators. In addition to the fact that it may give rise to a feeling of grievance. We don't know what is the reality happening within the country or it is the media that is making news out of these two countries. Came across a news in which it is mentioned that more than 65% of the people surveyed have stood in support of Putin. So many Russians say they support the war in Ukraine.We can't rely on the survey results, because it'll be based on small sample. If this is the representation of the entire population then it needs to be taken into consideration and analysed. Why such a big number is supporting the war which has been causing economic, and life destruction. Yes, statistics, and more so as in this case, must be taken with a grain of salt. Although I certainly don't find it surprising that support for the war among citizens of Russia is higher than outside the country. Unfortunately the leader of Russia decided to start the biggest war in Europe since WW2, so we're in rather unprecedented times and it may actually be right for such actions to take place. There is also a logistical angle to this that is easily overlooked - all flights out of Russia across European countries are currently banned, which would make it a nightmare for the athletes and supporting sports staff to effectively function. So even if these players were not banned outright, they would pretty much be indirectly banned because it would likely not be worth the long route in. The same goes for the financial and banking infrastructure that they use - funding will be heavily affected because Russia is so cut off after starting this war. |
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I recommend reading them in their entirety, as this thread only provides summary excerpts.
The "problem" of the environmental friendliness of bitcoin mining has been keenly discussed throughout the past year. The same Elon Musk urged miners to switch to green energy and then he will resume support for bitcoin in his company Tesla. Because of these statements and discussions, the bitcoin exchange rate has been constantly declining. Recently, a report on this topic was published, which states that all these arguments are incorrect. For example, the study says that the share of bitcoin emissions is only ~0.08% of the total global emissions in 2016. And also that bitcoin leaves a much smaller environmental footprint compared to the same industries of aviation, maritime transport, and even when using electrical appliances, such as air conditioners or fans. The full report can be viewed here: The Bitcoin Mining NetworkDoesn't it remind you of anything? Of course. The same story as the problem of using bitcoin for money laundering or drug purchases. And if you calculate what percentage of the use of fiat or other assets is used in such transactions, then, again, the footprint of bitcoin will be the same fractions of a percent of the total world volume. But it is necessary to fight, by all means, with bitcoin.  In article Everything You've Heard About Bitcoin Mining and the Environment is Wrong are key excerpts from The Bitcoin Mining Network report: Key Takeaways:
- Bitcoin mining uses approximately 0.05% of the total energy consumed globally
- Bitcoin mining is responsible for for approximately 0.08% of global CO2-equivalent (CO2e) emissions
- Bitcoin mining has a very small environmental footprint relative to other industries such as Aviation or Marine Transport, and is much smaller than Data Centers and even US domestic Air Conditioners, Electric Fans, and Tumble Dryers
- Mining is highly beneficial to renewables heavy grids, as demonstrated by its large-scale integration with Texas’ wind-heavy ERCOT grid
- The carbon footprint of flared and vented natural gas in the United States is enough to completely offset all Bitcoin mining emissions, or even have a positive net emissions impact The share of bitcoin in global energy consumption is negligible, about 0.05%. And the share of emissions due to bitcoin mining is only 0.08%: Bitcoin mining allows you to reduce greenhouse gas emissions from oil fields. Since dry natural gas is released during the extraction of liquid oil, it is usually wasted in flare towers. It is burned because it is unprofitable, since the gas is dry, it cannot be collected, transported, and there is also no necessary infrastructure for processing, so it is simply burned. Natural gas consists mainly of methane, which is 30 times more powerful than CO2, and when burned, the gas from methane is converted into water and CO2. This significantly increases CO2 emissions into the atmosphere. Each ton of methane corresponds to 32 tons of CO2. Bitcoin mining solves several problems at once: it reduces CO2 emissions and does not allow wasting energy, as it happens in oil fields: It is also worth noting that, in terms of the carbon intensity of the energy it consumes, Bitcoin produces less CO2 per unit of energy than the global average: At our last estimated carbon intensity of 466 gCO2/kWh (December 2021), Bitcoin produces less carbon per unit of energy than the global average at 492 gCO2/kWh (2019). The decline was due to the 2021 Chinese ban. In the future, the carbon intensity of bitcoin mining will continue to decline as bitcoin miners are more mobile than traditional industries and can therefore move quickly to places where cheap renewable energy is available. For example, last year, hashrate production depended on Chinese energy sources, which were predominantly coal and hydropower. The Chinese ban has reduced the consumption of coal and hydro energy, reducing CO2 emissions as well. So much misdirection and poor comparisons, this is part of the mistrust that many outsiders have when trying to talk to advocates of cryptocurrency - people framing the problem in the wrong way. Bitcoin and similar cryptocurrencies are a way to store and transmit money around. Making comparisons to things like airline travel or tumble dryers which serve totally different purposes is not the correct way to emphasize it's importance. The only way the average person will be comparing it is against other money moving services - like bank transfers, paypal type setups and payment card processors which are doing the same job in a much more energy efficient way because they simply don't have to calculate huge problems repeatedly. |
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Hi, Bitcointalk community,
One of the crypto casinos is organizing a prize draw, with the one/top prize worth €52,000. Rules are pretty simple: For every 100 EUR wagered, the player gets one raffle ticket. Of course, the more tickets collected, the better your chances of winning the top prize. It’s a classic lottery-style draw, motivating the players to wager high to collect more tickets for a better chance of winning this event.
The problem is that neither it’s a live event nor a provably fair event. Therefore, some of the players might question its fairness.
In your opinion, what would be the best solution to integrate a quickly provably fair option?
Why not take an existing solution that is considered super fair and tailor it to the need? You'll find "national" lotteries in places like the UK or even the Euromillions draw which are televised. They use what you might consider extremely fair machines (comparable and maybe even better than a computer driven random number generator) to pick out a selection of around 50-60 balls. You could make it so the first ball to come out in any draw is the winner - provided you sell all the tickets then it's an extremely reliable way to operate. It's also indisputable because it is heavily published all over the place. However it does slightly undermine your own lottery, having to reliable on another lottery to source the winning ball. |
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Like two days ago, Elon Musk in an interview says Twitter ads be better to be paid in bitcoin. Elon Musk has 82.4 million shares of Twitter which is 10.3% of Twitter. Recently he wants more of Twitter and wants to buy Twitter. Tesla boss Elon Musk has offered to buy Twitter, saying he is the right person to "unlock" the social media platform's "extraordinary potential".
In a surprise announcement, Mr Musk said he would pay $54.20 a share for Twitter, valuing it at about $40bn. It recently emerged that Mr Musk was Twitter's biggest shareholder after he built up a large stake in the firm. He said that if his offer was not accepted: "I would need to reconsider my position as a shareholder". We all know how deceitful Elon Musk can be, all he cares about is doge coin, not bitcoin, even doge coin rose when he bought shares on Twitter, he is only looking for ways to make doge popular and this can be effective if he owns Twitter. I believe he will fail because Twitter is never like Facebook and will never be like Facebook. His aim will only be towards making doge the dominant coin Twitter will be accepting just as he did with Tesla after his bitcoin criticism which he was wrong about but just wanted to fool people. Frankly, nobody needs to be a billionaire and these people should be taxed like hell. The capitalist system is the best we have got and driving innovation does need to be rewarded, however there need to be limits. Every billionaire currently in existence could easily live multiple lifetimes in sheer opulence with less than 10% of their wealth. That wealth often sits around doing little else but making them rich, or allowing them to buy things like twitter so they can manipulate free speech and public opinion. Elon owning Tesla does nothing for the average person out there and is likely to be even more oppressive than it was when previously owned by many shareholders who were unlikely to want big changes on a whim. Elon owning such a big platform with his erratic and manipulative nature it is extremely dangerous. |
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We've seen a lot of new casinos having issues with how to start promoting their project, they just come here to post their thread and that's it, we have seen members recommending casino admin or representative get a copper account and hire a designer to design their thread this happens so many times.
Do You Think New Casino Should Partnered With Bounty Managers To Gain the Trust of the community and start on the right foot
take the case of Bitlucy where bounty manager Royse777 is the one opening and managing the thread, the thread is just perfect and everything on the casino home page is well placed.
Do you think it's a big advantage for the new casino that they have a bounty manager to be part of the team, we have a good lineup of reputable managers here.
Ofcourse it is. Who would you rather trust ? Someone you have no idea about initially and someone who has been in the community for a long period of time. This does not only win the trust of people but at the same time it would help for the casino to know the platform better as well since when they start usually it's not really *know-it-all* situation, very often people have to get help for the right advertising. Plus the managers are equally important as the people who design their whole ANN page as well since that's where they are going to get the customers and their opinions as well. How they handle it fully is a whole different thing, sometimes it would be a disaster if not taken care of in every way and you have to ofc plan everything as well. Trust is an important part, but ultimately it comes back to the bankroll of the person who is funding the show. Just like you say - things such as a well designed platform, advertising, proper staffing levels, security, licensing, the ability to accept losses on bad days and all sorts of other costs are not cheap. Gone are the days where you could pull together a site quickly as a skilled programmer, because if you ever get success in this field at the very least you might get DDOS'd for ransom and run out of money quickly. It requires a huge upfront commitment that is simply out of reach for most people and that is what really buys trust - longevity of the owners bank account. |
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Hey Guys, talking about my Title above and talking about Bitcoin. Basically Bitcoin is the only coin that is in great demand by people who plunge into the world of Cryptocurrency, even very many people are looking for a way and looking for ways how they can get this Bitcoin, of whom there are those who do Mining, Trading maybe is also included, maybe Bitcoin investment is also included, here we all know about this Bitcoin price, in the past few months Bitcoin price ranged at $ 63k.
Talking back about my discussion above, in the past few days I saw Bitcoin is experiencing a continuous decline in value, what is the reason? and is this the beginning of its destruction? and do you think all Bitcoins will recover with a comeback?
Thank you <3
There has been a lot of bad news lately for the world of cryptocurrency and in a world of high energy prices, anything that uses a lot of energy (like mining) is going to draw potentially unwarranted attention. There is also the fact that Bitcoin often moves in tandem with the world economy which has taken a bit of a dip recently with the war and covid still lingering around. It can take a rather long time to firm up a solid baseline and we should be encouraged rather than disheartened that Bitcoin is still 2/3 of the way to the highest price it ever made. It sucks if you bought in near the peak, but you really should only spend money on investments that you can afford to lose or be prepared to wait a long time (10+ years) for the rewards. |
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Hi Guys this is the second time that I post something about our website that I would like you to check out On our website we do reviews of online casinos, slot games, and other stuff. You will be able to check in real time the best casino bonuses available and you can filter them by no deposits, Bitcoin Bonuses, Exclusive Bonuses and more. Feel free to check our website andIf you have any ideas or thoughts please let me know or please check out our forum you may see something you like  It would be nice to get a clear explanation of how your rating system works, because you don't seem to accept any user based reviews when I had a look around. Having a rather opaque review system leads to the conclusion that you are mainly just interested in pushing people to the sites which pay you off the most, rather than those which may potentially be best suited to the players. While it is nice to see a list of features offered by each site, it seems like you do not go into much detail on how individual factors perform versus other sites and you only give rather generic reviews on each one. It's nice to see that you include a breakdown of RTP on the games page though. |
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