There have been americans who held precious metals commodities like gold and silver, who tried to mint their own currency in the form of coins. It wasn't a scam on their part. They tried to mint gold and silver coins which could be used as legitimate forms of exchange, rather than use fiat currencies which might be vulnerable to inflation. They were prosecuted and are in prison now. But it is a thing. If people grow desperate enough from concerns relating to inflation, it could create incentive for those approaches to be tried again.

Years ago, when there were concerns greece would default on debt and the EU would fail. The value of the euro was expected to fall drastically. Europeans exchanged their euros for hard goods like big screen TVs expecting retail electronics to hold their value better than the euro would in coming months.

Its great that we have bitcoin, but there could be other approaches which could also be worth pursuing and hopefully people will be able to take whatever steps they need to protect themselves and their wealth from any recession or crash that occurs. If indeed events pan out that way.

In the past, I admit to being a little of a know it all. For those who overthink things and want to be accurate on topics. Gambling and market trading could be two areas worth pursuing. For those like myself who used to think of themselves as being smart and right about things. That might be a skill that can be monetized in sports gambling. With a higher than average accuracy on calls.

I'm also in the process of monetizing gardening skills for profit. I have seen $60 listings for very small lemon trees posted locally on craigslist. I started out buying seed stock. Growing them into plants, which will hopefully end up being small trees I can eventually grow fruit from, or sell if needed. There's a short list of things I'm growing for food which can perhaps be sold later, if a food crisis similar to 2020 develops.

A lot of people get caught up in hype and buzzwords. Monetizing skill doesn't have to be flashy or trendy. Its only a matter of playing to basic fundamental strengths and recognizing opportunities that can be seized easily without a large amount of investment or risk.

Woodley could have been in training camp this entire time, preparing as an alternate in case Jake Paul or Tommy Fury pulled out with an injury or positive COVID test. The UFC has adopted an alternate format as standard for select title and main event fights. The only stipulation being the alternate needs to make weight to get paid.

Woodley already has an "I love Jake Paul tattoo" on his finger for losing the last fight. I wonder what the damage will be next time out, if he again loses to Jake Paul.

Its fustrating watching Woodley fight. He used to be from the mean streets of ferguson missouri. Now he has a Jake Paul tattoo. Casual fans who don't know him make fun of him and call him the "Frozen One" off him not letting his hands go. I hope Woodley retires. There are so many young fighters who are hungry, talented and want it more than Woodley does these days.

Mybookie.ag pays UFC fighters to cut promos and advertise their brand. Colby Covington and others are known to advertise the brand.

Those types of paid advertisement opportunities for sportsbooks are out there. The catch is, people need an internet following on social media, youtube or another service.

Posting affiliate links from accounts with large followings could be a decent format for monetization. I would be interested to know how affiliate links stack up versus direct paid offers on advertisement.

It helps to take a glance at SEC chairman Gary Gensler's background posted on his wikipedia page.


After 18 years working for goldman sachs in the banking industry. Gary Gensler has to be considered a somewhat reliable and credible source.

Economists rely on banks and financial institutions for employment, research and contractual work. This creates a conflict of interest where many economists must vocally support certain narratives if they want to continue having a job in the industry.

The nobel prize in economics is funded by banks. To succeed as an economist to win a nobel prize means having a very good relationship with the banking industry and saying all of the right things. Research and scientific acumen lags far behind having the correct talking points.

Many have a strange worldview where they believe economists work for them. They have never met an economist, talked to an economist, bought an economist a drink or a coffee. But they somehow expect that economists should have their best interests at heart. It is a strange thing. The same precedent applies to experts and the media.

The united states had policies like glass steagall meant to prevent occurrences similar to the Great Depression from happening again.

The problem is, those safety measures were repealed in 1999.

Most do not pay attention to the news and current events. Which leaves them unprepared and uninformed as to the major shifts occurring which will undoubtedly affect their future. Already we can see the american national debt mounting, supply chain issues worsening, oil crisis expanding, inflation concerns growing. The media does nothing to inform people on the potential dangers headed their way.

Most believe they are better off not knowing anything. They believe governments and politicians exist to prevent them from ever having to think about real problems.

Current events today will play a large role in our future. A meeting is being held now to determine what that future will look like. Most decided not caring about it is their best policy. They have allowed others to determine every aspect of their lives and future and will not like what they end up with.

In theory, everything you said is 100% true.

In reality, I expect short sellers to target bitcoin for destruction. Identical to how they targeted and tried to kill tesla stock, twice.

There was a time only a few years ago when many experts and analysts in the media said tesla stock was a "bubble". They encouraged traders all over the world to short and sell tesla stock under the expectation that it would decline in value. What happened? Tesla stock increased in value. All of the short sellers got badly burned losing more than $4 billion dollars on their bets that TSLA would decline.

Hopefully bitcoin can also succeed the way that tesla did.

Ross Ulbricht. I think his username on silkroad was Dread Pirate Roberts. He claimed he inherited Silk Road from the previous Dread Pirate Roberts. Which was hilarious at the time, before he got arrested and charged.

Its good for him to do projects like this, which put his name out there in the public eye. The more attention he can garner for himself and his criminal case. The more likely it is he might earn better terms for his prison sentence. NFTs are a good place to start. Although I don't think that anyone will hear about this aside from the more hard core and die hard crypto users.

If I remember right, feds posed as contract killers and offered to -eliminate- people threatening Ross Ulbricht and silkroad (who might also have been feds). He replied "ok" to the offer. That's where some of his criminal charges came from (correct me if I'm in error here).

I like Ross Ulbricht and wish him well. Hope he's freed from prison soon. It could be one of those tragic cases of someone simply being in the wrong place at the wrong time.

Bitcoin transactions are viewable via public ledger. Which is debatably an open and transparent format. Intended to make life harder for tax evaders, criminals and money launderers.

Transparency in budgets, finance and economics used to be a hot topic. When Barack Obama was first elected President in 2007. One of his first moves was to establish a website that made federal government spending more transparent. There was a website people could visit to see how state funds were being allocated & spent. Of course as expected, no one paid any attention to this. It was the polar opposite of watchdogs on big btc transactions today. But it is an interesting historical landmark. And perhaps evidence of how former US Presidents like Barack Obama might support bitcoin's public ledger system on an ideological level. If only they understood it better.

There were websites like betsofbitcoin which allowed betting on the future price of bitcoin. They either went bankrupt, were shutdown by regulation or the owner of the site disappeared taking everyones coins with them.

Exchanges like bitmex which were known to offer leveraged bitcoin trading are probably the closest thing to a book offering bets on BTC.

It is much harder to run a site like betsofbitcoin today with there being much more regulation and scrutiny of of the cryptocurrency world than there used to be.

Even fantasy sports platforms based on crypto appear to have a very difficult time being approved by regulators for legal use.

A free wager is an additional sum that can be placed on bets which cannot be directly withdrawn. Winnings from free wagers will be added to the balance and can be withdrawn. But free wager points cannot.

Free spins are the same. They can be used to gamble and place wagers. But cannot be withdrawn unless they result in a winning bet.

I would interpret it to mean they intend to contrast bitcoin's decentralization with centralization. Bitcoin's deflation with inflation. Bitcoin's open ledger and transparency with zero transparency. And so on.

Indonesia's population is primarily islamic. Many muslims have teachings and ideology which trends against banks and institutions that lend at high rates. It could be interesting to know how muslims reconcile CBDCs with their own religion. It is possible bitcoin could be the more attractive option under the ideology of islam.

Imagine if Elon Musk designed and engineered a slot machine. It would have a sunroof on it.

The basic format and payout distribution of slots is easy to adjust. I'm not certain that's something people do comparison shopping on, or pay much attention to. And so that approach could have limited potential.

The next innovation of slots could be things like. Offering ports for free cellphone charging. Free WIFI. Next to a slot machine. People play slots as they wait for their phone to charge or use the free WIFI access.

Mobile gaming seems like a big and growing market which could be targeted by slot apps. Incentives, bonuses and extras could matter more than the basic mechanics of slot machines. Of course there is always room for growth and improvement, until the day comes when someone builds something that is perfect.

China isn't satisfied with killing the cryptocurrency industry in the country? They're killing their gambling industry too?

Gamblers will no longer feel safe gambling in macau and will take their business to other places in the world. As crypto operations previously based in china have done.

The economy of china will take a hit as tourism and tax revenues associated with macau decline.

Macau is known for supporting high bet limits. Past celebrity gamblers have reportedly placed bets in excess of $1 million dollars in macau. (One publicized case of this was Vegas Dave reportedly betting more than $1 million dollars on Miesha Tate to defeat Holly Holm in the UFC) They normally cater to a wealthy and upper class clientale.

Its anyone's guess as to what the motive behind this move is.

It sounds like one of the many stock market and gambling PvP spin off games, which have been around for many years now.

What might be cool is if they released a P2E (play to earn) blockchain game, which guaranteed some type of micro payout.

Regulation is much tougher on straight up gambling than it is gambling derived "games of skill". Any effort they made to insulate themselves from the hard nature of gambling, would make it much easier for them to market themselves and deploy their platform to reach a larger audience.

That said I hope they succeed and I hope people learn and have lots of fun playing their game.

Bitcoin city in el salvador will be great if it comes with no capital gains, property, payroll or income taxes as advertised.

Many great Elon Musk tweets to look forward to in 2022. Cybertruck production should begin with customers receiving shipment. Tesla's new tabless battery design is also scheduled to rollout 2022. Tesla has done some cool things with their gigapress manufacturing standard. A trend they could expand upon in 2022.

Americans might finally get a bitcoin ETF. Hopefully USA will gain more fantasy sports legalization and support.

2022 is a year closer to bitcoin's next halving. An event which usually carries a credible expansion of btc price value.

The Matrix Part 4, Cobra Kai season 4, Boba Fett, Mandalorian and other TV series are scheduled for release late 2021 to 2022.

I would be more concerned with china buying up and controlling stocks of rare earth minerals in africa. They're said to own the lion's share of cobalt in the region. Which is tied to the mass manufacture of lithium batteries.

Brands like tesla have reportedly taken steps to design their future line of lithium batteries to need little or no cobalt in an effort to insulate themselves from resources which are centralized and heavily regulated. There have been campaigns to tie tesla batteries to child slavery in african cobalt mines, which could be another motive behind the move.

What would be a motive behind wanting to control airports in africa or abroad? If you owned and controlled an international airport in africa, what would you do with it? With the cost of oil on a steep incline, it seems air travel will be significantly more limited or expensive in the future. And so I wonder what their motive is for wanting such a thing. Could airports in africa be the next bitcoin?

There were at least 8 different COVID strains in 2020. Announcement of the delta variant did little to move markets. A new emerging variant suddenly has the power to shake markets?

I hope people look at the Didi delisting as a probable cause behind recent negative market trends. It could well be a better explanation than the omicron variant of which has yet to reveal its full impact.

A blockchain recording backend data, could be formatted so that even site administrators could not alter the data.

Perhaps such is the future of the gambling industry. A provably fair system of backend DBMS which would allow disputes between casinos and players to be settled through dissemination of backend information, which no one can forge or alter.

To be reliable, such a system would probably need to be built using open source tools for the codebase to be open for independent code review. Closed proprietary systems would probably not be trustworthy for most.

There are other methods and formats which could be viable. Perhaps a 3rd party timestamped tool for players to record all of their pending bets.