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1581  Alternate cryptocurrencies / Altcoin Discussion / Re: Why would CZ go after banks? on: November 03, 2022, 04:47:40 PM

i don't see the point of buying a bank. is he interested to have a big vault for his gold to back BUSD? 
i didn't found an article mentioning which bank. whatever his plan is, it will serve a purpose for adoption to make him rich.

cryptos are starting to take over. finally something good the government is doing which is not bailing out a bank. a bank for sale is probably in the brink of bankruptcy so CZ is bailing out a bank.
1582  Other / Politics & Society / Re: Do you have anyone you trust? on: November 02, 2022, 05:54:32 PM

Quote
everyone is a murderer. it just needs a good reason or a bad day.

i couldn't remember where i heard this before but somehow i believe its true. it only need a reason like money and you get to be murdered or you murdering someone.

when someone is murdered in a house, law enforcer understands that all the people in the house are considered suspect.
its not the other way around like they said innocent until proven guilty.
1583  Economy / Economics / Re: Is recession coming actually? on: November 02, 2022, 05:39:14 PM
with the inflation that we have right now, you can always tell we are heading somewhere down. the prices of basic needs like sugar or bread is up more than 15%.

USD may look strong global currency but this is because of the speculators hedging in the international market. but locally, you living in US can see the purchasing power of USD dwindling. try buying gasoline. locally, USD is not a strong currency. we are just waiting for something to break and all  currencies in every country will fall. something that will break such as ww3.
1584  Economy / Gambling discussion / Re: 🎵 What kind of music do you listen when you gamble? 🎶🎧 on: November 02, 2022, 04:41:17 PM
I love Opera and Nessun Dorma by Luciano Pavarotti is one of my all time favourites, I can replay it many times without getting tired of hearing it, it is a legendary sound.

now that's rare. its the kind of music that feeds your soul and  you feel like you have just dumped everything out your intestine.
i often feel the same way when i  hear some Italian opera, although i don't understand what the lyrics says, its just something that sound and feels good. something like the Entrance Of The Gods Into Valhalla by Wagner.
1585  Economy / Gambling discussion / Re: Do think that POGO should be declared as legal or Illegal ? on: November 02, 2022, 04:22:07 PM
yes it stimulates the economy and during duterte's time it helped because he needs funds to govern the country and for his Bill, Bill, Bill project. at present its Bongbong, Philippines gets an aide because Jr is friendly with Blinken or Biden admin.

the only party that doesn't like the POGO as far as i  know is the Liberal (opposition). if its their president that sits on malacanang, they wouldn't suggest POGO  to be abolished legal or not
1586  Economy / Economics / Re: Do you like commission job or salary base job? on: November 01, 2022, 05:13:39 PM

salary base is simple because you got the job because you are specifically hired to do it and get paid after a week/month.

but it would take a special skill to take a commission base job and most of it needs marketing and salesmanship. i tried to be part of a sales force before it took me 3 months to finally got one client to buy a product and it was just my uncle who simply considers it because he just don't want me going home fruitless. i realized after what he said to me that sales job is not for me.  Grin
1587  Alternate cryptocurrencies / Altcoin Discussion / Re: How PoS becomes more centralized? on: November 01, 2022, 08:36:37 AM
its the validators that will make it centralize because its them who will decide what happens in the network. the validators includes exchanges who also stake huge amount of tokens (e.g. ETH)  such as binance and there are institutions as well like Blackrock.

while we see nothing is wrong about it because they are also part of the network, the SEC considers POS tokens as security which SEC can grab the necks of the validators to do something stupid like choosing which transactions to validate or worse freeze wallets making the network Centralized.
see what will happen if BTC is POS?
1588  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Trust in the Cryptoworld. KYC for project owners. on: November 01, 2022, 08:14:47 AM

no organization will force the team to send KYC. they even want to hide.
like anyone sending documents, the developer team can also use fake profiles on linkedin which had happened several times and the project was confirmed scam. so if you wanted to invest, you best do it on old projects than the new ones that has higher possibility of scam.
1589  Economy / Gambling discussion / Re: 🎵 What kind of music do you listen when you gamble? 🎶🎧 on: November 01, 2022, 06:40:16 AM

The Winner Takes It All by ABBA.
i don't see it having difference whether there is background music or not. but i'd write it anyway because when it comes to gambling this song always comes in my mind. losing more money is like no more ace to play. this is kind of a gamblers song actually when you read the message on the lyrics. not all sort of a love song.
I have often listened to this song but i never realized it was all for gambling. But anyway, I definitely love this song and some other songs of ABBA not only when I gamble but even when i’m into reminiscing moments. Because most likely, when I gamble I want to hear the songs of 1980’s and 1990’s hits like Scorpions and Cinderella. They just keep me going with gambling.

i never thought the song is this cool until i hear Saul Goodman sing the song with his brother. he sucks while he sing it but his brother is in tune. this is when i tried to look up to sing along and realize this song is actually a gamblers song.

Scorpions and Cinderella seem for the old timers rebel, is there not anyone listening to the grunge like soundgarden, pearl jam or audioslave around?
1590  Economy / Economics / Re: Is recession coming actually? on: October 31, 2022, 03:04:27 PM
we are hearing those warning from reputable people like chamath palihapitiya and his cohorts. i don't think those guys are lying to us. some of them are prediction recession is coming in the next 6-12 months but some already said we are in recession already.

the prices of commodities and supplies getting low because of lock downs. its likely that we are already in recession giving that there are already protests happening in European countries.
1591  Other / Politics & Society / Re: The US is the most aggressive country on: October 31, 2022, 02:28:29 PM
Essentially, US money is really only good in the US. Oh, sure, some countries play around with the USDollar. But most of it goes to buying something from the US.

US money is good everywhere. Nearly every country will take it either directly or exchange it to local currency. No other currency in the world comes close to the versatility of the US dollar. It doesn't matter where they buy something from... they all want US dollars as evidenced by the rising exchange rates.

You should really travel abroad, maybe to Russia which you're so fond of. Even Russians love US dollar, especially the benjamin variety.


All you are doing is confirming the point I made. Whether US money is spent in the US or elsewhere,

You said "US money is really only good in the US. ."

Suchmoon said "US money is good everywhere."

That's the opposite of confirming the point you made.  
Is that confusing for you?

its true that USD is the most used currency today. they news that's coming out everywhere however is not good for USD especially when Saudi Arabia is trying to move away from USD. which explicitly express they are ready to use digital Yuan.

sooner we'd all be worrying not to use Yuan also because fiat system is broken which we all know the rise of BTC is what is preferred not just to fight inflation but as precaution so banks and government can't seize the people's money.
1592  Economy / Gambling discussion / Re: What are five things you will do if you win huge amount of money?? on: October 31, 2022, 02:09:32 PM
the first thing that i would do is to buy a boat and start living on it like a sea nomad. get food from the sea and cook on my boat.
i will figure out the 2nd thing that i would do from there like. buy a beach front house or find a new woman to be with.

i'd still be investing BTC though so maybe that's all that i would do for the rest of my life. so much to do with a huge amount of money but we can spend it in just a month in buying things we don't even need like a luxury car.
1593  Economy / Gambling discussion / Re: 🎵 What kind of music do you listen when you gamble? 🎶🎧 on: October 31, 2022, 04:03:37 AM

The Winner Takes It All by ABBA.
i don't see it having difference whether there is background music or not. but i'd write it anyway because when it comes to gambling this song always comes in my mind. losing more money is like no more ace to play. this is kind of a gamblers song actually when you read the message on the lyrics. not all sort of a love song.
1594  Economy / Economics / Re: friend I want to invest short term in bitcoin and crypto. to meet their living a on: October 29, 2022, 03:16:15 PM
what i think he meant is that he wants to invest in BTC and earn thru it that he can withdraw money to spend for his daily needs. it would make sense for someone with low capital and needs to provide for himself to survive. this can be done in leverage trading. but him being a newbie, it will be very difficult to achieve without much trading experience. his best way of getting more profit is to hold for long term. as for his daily spending, he needs a job.
1595  Other / Archival / Re: Most investors think regulation is a good thing on: October 29, 2022, 02:09:18 PM
Regulation of cryptos is good if done properly. No investor wants to invest his money where there are no security of their funds. Institutional Investors needs regulatory clarity before they will invest their money and the industry needs their money in order for the market to move, If there a proper set of rules / guides in cryptocurrency space to help protect investors without altering the decentralized nature of Bitcoin , Therefore, I support regulation that will protect investors.

we invest in BTC where regulators can't control though. if crypto industry is just too little and not popular today, the authorities wouldn't really care about it as they will just see BTC as internet money meant for gambling. we're just find without regulations.

its only the institutions that needs the regulations which they can ask to be bailed out like what happened to Celsius and the likes.
1596  Bitcoin / Bitcoin Discussion / Re: Pres.Nayib Bukele: Stop Drinking the Elite’s Kool-Aid on: October 29, 2022, 01:04:21 PM
And this year, the crime and homicide rate has decreased by 95%."

this must be a mistake because the picture in my mind every time El Salvador is mentioned on the news is that you end up dead inside an oil barrel filled with cement if you get tangled with the violent gangs in the country. of course its what we hear on the media.

when Bukele started making noise mixing up with BTC, i begin to change my view though. at least i can see in my mind gangsters using BTC wallet on the Bitcoin beach.

seriously if he succeed in making his country richer and can pay their debts, aren't we suppose to be happy and proud to that?
1597  Economy / Gambling discussion / Re: A gambler who betrayed his friend's trust on: October 29, 2022, 12:29:44 PM
It will be a big problem if Charles will chase him trying to claim half of the winning amount. It's only a slip, there will be no proof of Charles's claim that he has a part of the bet amount.
Even if it goes to court, he will not win.
All he could do is ask Kelvin about being a true friend. Maybe make a dramatic script and just try to take back the ROI and maybe some win if he will be touched with the scripted dialogue.  Cheesy
Break that friendship afterward, and learn from the mistake.

I hope there will be some proof of their partnership I mean that they both have the agrrement that whatever may happen they will get the half half of the jackpot, but if not he can talk to Kelvin it is really sad seeing your friend being so selfish about the the thing that you must have as well.

Money can change people so he must be glad that money show the true color of his supposed to be friend. Maybe if he don't have a chance to change the mind of that guy maybe he should start to move on and avoid him. For sure there are lot of opportunity to win that again so its really better to avoid toxic or fake friends since you can't trust them on any means.

its not time to be a pussy and trust already broken. charles would be very angry just as anyone who lost a huge amount because of a friend who stole from him.

heck a plan is to be executed. stake out and wait for kevin to go out of the house and knock him out in an ambush.
seize any money you can find in the house. damn it, this is a raid!    Cheesy
1598  Economy / Economics / Re: Fiat in trouble on: October 28, 2022, 05:53:24 PM
governments will soon be revising policies to maneuver this crisis and since this is a like a snowball rolling from the top, its gonna be harder to stop it which they will need to print more fiat bills if they chose not to invade another country's resources.

we may not hear it from the news but people from European countries are already protesting. Moldova alone recently have a big one.
crimes will rises as well. Pelosi's husband just hours ago was hammered.
1599  Bitcoin / Bitcoin Discussion / Re: Why btc cannot move pow to pos on: October 28, 2022, 03:36:55 PM

the government is very hawkish to BTC, so turning it to POS will really destroy everything that Satoshi worked for. SEC will eat our lunch money after turning BTC as security. don't give so much trust to these greenpeace and call for renewable energy, they are also backed by motives. so you have to figure who benefits when BTC goes POS.
1600  Economy / Gambling discussion / Re: Casino with an online and offline branch. on: October 28, 2022, 03:26:05 PM

its easier to roll out an online casino and can massively advertised to all without having to worry since owners can be unknown. a land case casino will likely be want to have their own digital casino too, this is way easier to promote online for they can build trust easy. but its unlikely to see online casino planing to have their own physical casino, that's too much of a work for nerds who just want to sit and work smart online. Grin
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