In short, no, that’s not exactly what CSR is about. Think of it as a broader concept, and, therefore, consider that the actual gain for the society achieved through CSR programs is pretty hard to evaluate.

You’re talking about the company basically worrying about every other customer that gets addiction, but that kind of focus is impossible and the company really isn’t responsible for this kind of stuff, same as you can't make companies in the tobacco industry responsible for people getting lung cancer.

The concept can be more properly explained as a large and profitable company deciding that after receiving so much gain from society it has grown morally to give something back.

For instance, recently Mercedes had announced that since 2025 they will only be producing EV, which is good for the environment and, therefore, society.

Also, different fundraisers organized by renowned companies in order to financially support people struggling with certain diseases, poor people, etc. are the kind of thing that is done under the flag of CSR.

The first one is more important. It is said for a reason that knowledge - is power. With the right knowledge and practical skills, it is possible to make a profitable investment, even without a large capital. On the other hand, having no knowledge and a lot of money can be a total disaster and result in no profit whatsoever, it’s not uncommon. So there’s your answer.

But that’s the problem with this kind of matches, even if you know the team and the skills well - nothing is guaranteed, because there’s nothing at stake for the teams, so they might not play to the best of their abilities and allow themselves something they wouldn’t have allowed in a tournament.

Do you trust your teams enough to be willing to take that risk?

Okay, that’s literally one of the most prejudiced things I’ve ever read, especially the marriage and real estate part. Everybody gambles, from that perspective. Marriage is gambling to both parties, and if we’re talking about Islamic countries, then women are at a great disadvantage there and take more risks.

Same with casinos, or real estate - the owners are businessmen, and hardly every other business goes well. Businessmen invest their money first, before building a company, so at the beginning, they gamble with way more than the customers do later.

Wow… Reading this thread has made me really depressed.

Yes, the article clearly is exaggerating and too emotional, as the OP said, but the story depicted there is true because it’s happening in hospitals every day. Don’t believe it? Well, go check for yourself.

But what I really didn’t expect is that there are so many pandemic and vaccine skeptics. And even those that aren’t skeptical still are against the medication, even those who support the vaccination want to wait for years and then take a shot. Who cares about the disease spreading, right?

This is very sad, people really don’t appreciate the effort of the scientists and doctors. I’m a scientist myself and reading this kind of crap is very disappointing. People can’t even imagine what kind of hard work it takes to conduct high-quality research and develop something that actually works. Nevertheless, we have so many “experts” that feel like they know better than those who dedicated their lives to save people.

Seriously though, I still can’t embrace the level of ungratefulness, I’m currently working in cancer research and trying so hard to develop a decent cure for cancer. I wonder if one day my group succeeds will there be also a bunch of people that refuse to take the drug because they’d think we're trying to genetically modify them…

CBDC does imply a full replacement of cash with digital currency, right?

So with this project in action and complications with cryptocurrencies people of Nigeria will basically be left with no other choice than embrace this new implementation?

If so, that is pretty sad, where is the government going with this anyway? Like you said, it’s not like CBDC will help with the economical situation out there. Cash production is expensive, but this whole money revolution is going to cost Nigeria a lot, it can take years to cover losses.

I don’t trust banks majorly because of the way they function. I’d like to know that whenever I put my money on a bank account it’s going to stay there, but the idea of my money circulating and being used for other purposes makes it look like an unsafe place.

Certain miscalculations and greed, that makes banks lure customers into taking loans may result in bankruptcy, and your money will be gone just like that.

I’m okay with receiving a salary via bank and storing the monthly allowance there, but I most certainly won’t store there my savings. For that purpose, I have much more trust in Bitcoin.

I’d categorize myself as an investor as well. Trading isn't really my thing. I know people can make decent money out of it, might be even more profitable and guaranteed than long-term investment, and the return is faster, but I assume one has to spend a large amount of time on it to actually make something out of it, whereas investment only requires to analyze the situation once (before making an investment), accurately distribute your funds among the best candidates, and then just wait patiently.

That’s an interesting move from Axie Infinity, eSports will definitely attract even more customers. However, I’m afraid that might be dangerous in the long term perspective.

The demand for Axies has been growing insanely for the past couple of months, and that led to the increased prices. With the announced events the demand will grow even more, and so will the prices. Can’t that result in the reduction of players in the end?

My point was about the behavior of a gambler under different circumstances. Surely, either the game is for fun, or for the profit - the chances are the same. The difference is in people’s actions, and when someone isn’t playing for profit, but just for the game - that person will behave less emotionally and more rationally, which can lead to a better outcome.

In short, paradoxically, people tend to do stupid things more frequently when something is at stake.

It’s hard to say, as, obviously, everything depends on too many factors: types of stocks, market stability, overall profit, and the investor himself.

But I think the right question to ask should be: who will be happier in the future? Right now, even large investors have some doubts regarding Bitcoin, and there are still issues present like volatility or market manipulations. Sure thing that won’t make any investor happy.

But as years will pass, I think Bitcoin will become the most wanted investment and those who invested purely in stocks might get the feeling that they should’ve bought Bitcoin earlier.

I think it's both. People are just done with living in terrible conditions while the rest of the world is improving. People go out and protest to get to the government. I think most of the protestors realize that only two options there right now are either war with the US or reaching a compromise.

Now the first one is obviously not an option, and everyone knows that, so people come out and protest in order to call for an ending to the communist regime, which they hope would make the US lift embargo and create better economic conditions.

I’d like to add a 4th point to your list, which logically sums up what you’ve said, but has a separate and strong impact. That is public opinion. Right now Bitcoin adoption is in a state where everyone knows about it, but not everyone accepts it.

The “tool for getting rich quick”, the “volatility” and the “FUD”, no doubt these all are the key points, but who’s responsible for spreading all this?
We all have families, friends, and other people that surround us, and often newbies aren’t confident enough about Bitcoin, but this gets even worse when this confidence is further shattered by those around them.

It’s one thing to hear about the Bitcoin crash somewhere on the news, but what really gets to people is when everyone is reposting it, commenting on it, you read about that on forums and you hear it from your relatives.

All of this wouldn’t have happened if people didn’t succumb to the herding instinct, could think for themselves, and if those around were less skeptical and more supportive.

I hope people remember the history and won’t make mistakes of the past. I sincerely don’t get how authoritarianism is still possible in today’s world. And not only possible, but some countries are actually moving in that direction.

Take Russia, as an example. After the 90’s they’ve made large progress and it seemed like democracy will propel there one day, but considering the latest events (the power pressuring opposition, country banning certain websites, rising number of restrictions, etc.) they’re closer to becoming like China, than a democratic country.

Yes, democracy isn’t perfect and has its issues, but people must have their rights and shouldn’t be forcibly controlled “for the good of the country”, that is just wrong.

I can't disagree with you on that part. It is true that many people just buy because they can, simply out of interest or FOMO, greed, etc. But you should consider that there are other people as well, the ones that believe in Bitcoin adoption and buy it to gain more freedom. And the way I see it, the latter group has started prevailing lately.

Consequently, there's much more to the Bitcoin community than just "waves of dreamers", otherwise there would be no point and Bitcoin would have been long gone by now. There's an expanding loyal network willing to sustain adoption, which is why IMO we are nowhere near the end game.

I think your situation has nothing to do with luck and rather has a rational explanation. People lose the most when they aim for the big win because it drives a person to desire more, which leads to riskier moves combined with increased emotionality (especially when one starts chasing losses and loses even more).

On the other hand, when someone plays for fun and doesn’t look into big wins, he might as well get lucky and win, because in this cases moves won’t be as risky and probably less frequent (people sometimes tend to play very fast under the emotional influence).

The true number is hard to figure but my claim was based on the Chainalysis cryptocurrency adoption report from 2020 (scroll down to the table behind the link). The report is on all crypto, but I think it is without a doubt that the most popular cryptocurrency in Venezuela is Bitcoin.

Yes, things might have changed in a year, but since then the popularity of crypto has only been growing, especially in third-world countries, it would be logical to assume that the attitude towards Bitcoin has at least remained at the same level as before in Venezuela

I’m talking here exclusively about everyday use ranking, no mining or asset volume are included in these calculations.

Indeed, with their inflation rate Bitcoin is a real life saver. It's good to know that Bitcoin is popular among people in Venezuela, which makes it, if I'm not mistaken, in top-3 countries by Bitcoin usage.

What's worth noticing is that venezuelans sticked with Bitcoin. I remember there were times when the government tried to trick people and created their own cryptocurrency Petro, which was centralized, but people saw right through that plan and didn't switch to the latter.
Too bad that people in China can't see what's going to happen there soon.

Afaik and, If I got this right, IDO stands for Initial DEX (=decentalized exhange) Offerring. It does resemble ICO, only the difference is that a certain decentalized exchange is responsible for issuing selling, and the deflationary odds based game is just a way of attraction of new clients in this case.

This one is interesting, but, IMO, pretty risky. We all know that for crowdfunding project to succeed we need a crowd and the main reason why ICOs lost their popularity was the lack of trust from people in the first place, because every other ICO was a scam. Now, considering that many people are already prejudiced against gambling, there's a big chance that too many people will be afraid to participate in such a project.

I don't know, mate, I wish I could say the same about my country. I guess the fact that things are going very bad in India, which people around can see with their own eyes, is enough for people to believe in the dangerousness of this disease and to stand in lines for a vaccinations. In countries with smaller incidence and death rate people still think that coronavirus isn't any more dangerous than a seasonal flu, many believe in conspiracies, and, as a result, more than 50% of the population refuse to take a shot (that's the real number in my country).