There is a thread in the legal section of the forum loaded with important information,

https://bitcointalk.org/index.php?topic=5349166.0

Usually you do not have to worry if you have just done a trade through localbitcoins and are not involved in the scam.  It will take time but if you approach the IO in person, that will make the most impact.

Everything boils down to one thing - business profit! Installation of an ATM machine along with the rent of the space is a costly affair. So if those ATM machines are not bringing business profitability to the installer, why would any business entity bear the cost for an unforeseen time? No business would do that because it's a stupidity.

Crypto adoption is at a very nascent stage at this moment. So some locations may provide income, but as a business, installer needs to a cost benefit analysis and optimize their revenue stream. Probably that's what is happening!

There is only one solution to the African problems! Keep the western influence out of the country. Their corruption is sky high and 99% of the leadership is running their countries under western influence.

All the civil wars are funded by the west through their leadership. So if they really want to prosper, they have to throw out western influence and the current leadership.

None!

There's no connection between web3 and bitcoin. Web3 is mostly related to cryptocurrencies like ETH, Solana etc. Bitcoin is not a part of web3 platforms. Even though bitcoin can be used for purchased in web3 but bitcoin is not the pre-dominant cryptocurrency of web3.

Just as a side note - Web3 is a marketing buzzword and an illusion. It is bound to fail.

While the news is definitely good but honestly I don't feel very comfortable while I listen to such news. Bitcoin is honestly not built for the mainstream economy. Even though we want it to happen because it will increase the demand and the price.

But if bitcoin becomes the part of mainstream economy, it will be subject to more scrutiny and regulations. Which eventually might risk the concept of financial freedom. That will definitely not be great!

I am super doubtful about this! But if it happens in reality, that will be a big blow for US economy. It will drastically decrease the demand of US dollar and hence the exchange rate will be decreased.

But don't try to link it with bitcoin. Because even if a new world financial order is being formed, bitcoin is highly unlikely to appear there. It is possible that these countries will try to push their own currency system to trade internationally.

Bitcoin is a boundary free currency system so anyone who has access to internet, can freely use bitcoin. That's the beauty of bitcoin! So if any country adopts it as a legal tender, they can indeed use it towards their best belief. However, there is a risk element to everything and bitcoin is no exception here. It can be used for criminal activities as well it's very very difficult to track for the enforcement agencies. That's one point which is acting as a bottleneck for a lot of governments.

Also the price volatility is another challenge. El-Salvador is definitely experiencing it in a hard way. So every government that are planning to adopt bitcoin as a legal tender. needs to have risk mitigation plan ready. Scraping their own currency is not good. Bitcoin can be simultaneously used alongside their own currency which is better and there is a fallback point. Completely depending upon bitcoin can bring disasters!

Thank you very much @ryzaadit. This is what I was looking for!  But I am also looking for the experience of fellow forum members if they are using any of these staking pools. Experience matters!

To be honest, rocketpool looks great! I will do some more research on them before staking my coins. Also it seems that withdrawal of staking coins is not possible at this moment.

Owning stocks of profitable sector or profitable business is always a good way to make money. It is not just limited to gambling and related activities but this can be attributed to any other profitable sector as well. If you see a housing boom in your country, you can always buy stocks of cement companies and steel companies because they are the raw material suppliers of this sector. If you see a motor vehicle boom in your country, it is always good to buys stocks of Motor companies, tyre companies or car accessories manufacturer companies.

But I don't think we do have any opportunities to buy stocks of the crypto related casinos here or to profit from it. 

Hi all, as the ETH has now moved to POS mining, I am willing to stake and earn some returns on my long idle ETH coins.

Do you know about any pool staking platforms open yet? If yes, please share the details and also share your experiences with them.

That's the security of government bonds of a stable economy. Gilt bonds are mostly purchased by the institutional investors and they usually invest a lot of money into such bonds. It's good to see that UK government is solvent and is able to deliver on their commitments.

However, I noted that this is actually not a buyback of expired bonds, but ongoing bonds which will be done through auctions. Not sure what's the strategy behind this but I am sure that the UK market will cheer about this news!

I don't see any reason for which the price of commodity will ever come down to previous level. Inflation is an integral part of the economy. When it goes beyond control, that's when the worry starts. Otherwise inflation is very normal. If inflation becomes zero, that's a sign of recession! So there's no way the price of commodity will ever come down to previous level ever. Some certain commodity may go down for some specific government policies, but it is impossible for the whole market to come down to previous level.

To control inflation, we have to control the growth in demand. Demand should always be there but the growth in demand should be controlled in order to control inflation. Rate hike is one of the most tried and tested method to control inflation. So whatever FED is doing, is very well expected!

If that leads to job losses in US, countries like India or China will be greatly benefited because most of the lost jobs are likely to land there!

Congratulations for your interest on bitcoin payments! As you have already received a full list of payment processors that will help you to accept bitcoin, I wouldn't go that route. Rather I would request you to focus on two important aspects,

1. Is bitcoin a legal tender in your country? It is important because otherwise you will face issues while doing business taxes.

2. Have you considered the volatility of bitcoin price? A risk analysis needs to happen before you go ahead with your decision of accepting bitcoin. It has both upsides and downsides.

If you are certain about these two points, go ahead and start accepting bitcoin.

If you are opening an online casino, then a gambling license may not be compulsory but it will be surely affecting the trust of the users. No one would like to play with a casino which is not legal on papers and especially when they have so many options available in the market.

Also if your casino becomes popular by any chance, the regulatory authorities may come knocking on your door which may not yield pleasent experience. So if you are investing money to get a casino launched, get it licensed.

News Source: https://www.michaelpage.co.in/talent-trends/the-great-x

Michael Page is a renowned HR consultancy company in India and they have forecasted that a great resignation is going to hit India very soon. The key points are -


We are already seeing a huge amount of attrition in companies like Cognizant, Infosys and TCS with Cognizant leading in this slab with 36% quarterly attrition.

Personally, I lead a team of 70+ associates and around 40% of them have expressed their intent to resign if they are forced to come back to office. It's a huge challenge for many other Indian companies as well.

A huge negative economic impact will most probably follow after this great resignation but it's going to fight the current inflation in India. With less spending by people and with less growth in demand, the inflation may come within controllable range.

Any thoughts?

That was well expected! Now the actual gamers will be able to get their hands on to the latest gaming GPUs at the market price and there will be availability in the market. A relief for gamers in true senses!

I truly believe ETH merge will help in the growth of it because now more people will be able to participate in ETH mining through pools. We talk about inclusion, ETH merge is likely to achieve it.

Blockchain transactions are cheap? Were you hiding under the cave all these years?

The only difference of blockchain transactions with the traditional card payment is that in blockchain sender pays the fee and in traditional, receiver pays the fee.

Bitcoin has not yet reached to that stage where it can be named as a dominant payment processor. We still have a long way to go to be honest!

Bitcoin and ETH, both are different coins with different benefits. So let's not compare them. This ETH merge was one of the most anticipated events of 2022 and it's great to see Vitalik did it quite successfully. I definitely feel bad for miners who had invested a lot into buying graphics card but pos mechanism will help ETH to grow further. Now even a small ETH holder will be able to mine it through pool mining. That's the essence of cryptocurrency for the mass.

That's what exactly it is! If Mr. Nakamoto wants to come out in public (which I don't think he will), that's how he can prove his identity. If it happens, the entire community will have no choice but to believe. That's one point Craig Wright could not address and he said in the court that he has lost the keys of Satoshi's wallet and that's why he is not able to access it. That's the main authentication for us to believe who is real Satoshi and who is not!