Eh. I don't really know if this is something that the DOJ is going to be able to win though. As they're attacking a private company for behaving as such. Obviously, they're not going to make their website super easy to use for other browsers (The whole youtube dilemma) and stuff like that. I would think any company if they were put into their position, would do the same thing.
Plus there are competitors of Google for their products.
Google Drive - Dropbox, Microsoft Cloud, etc.
Youtube - There are some shitty alternatives, but they still are present.
Google Ads - Bing Ads, Facebook Ads, Twitter Ads, etc.
Google Cloud - Amazon Web Services, and the many other web service companies
Google Browser - Firefox, Opera, Edge, etc.
Google.com - DuckDuckGo, etc.
And so on and so forth.
You should review the standards by which a monopoly is determined to be in violation of anti-trust laws. It is not as cut and dry as any competition simply existing. There are three main premises which many of these companies fall clearly under such as restraint of trade, market share, and market power among other things. https://en.wikipedia.org/wiki/United_States_antitrust_lawI mean wouldn't you say that there are better examples of this sort of monopoly and anti-trust behavior though. The companies that the DOJ and the US government goes after are usually companies like Microsoft (when they have 90 percent market share) and Standard Oil Company when they had the same level of market share. Google isn't near that number, and there's no precedent for going after a company with a market share of 67 to 80 percent depending on how you measure it. https://www.reddit.com/r/changemyview/comments/6xf6me/cmv_google_is_not_a_monopoly/ |
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Eh. I don't really know if this is something that the DOJ is going to be able to win though. As they're attacking a private company for behaving as such. Obviously, they're not going to make their website super easy to use for other browsers (The whole youtube dilemma) and stuff like that. I would think any company if they were put into their position, would do the same thing.
Plus there are competitors of Google for their products.
Google Drive - Dropbox, Microsoft Cloud, etc.
Youtube - There are some shitty alternatives, but they still are present.
Google Ads - Bing Ads, Facebook Ads, Twitter Ads, etc.
Google Cloud - Amazon Web Services, and the many other web service companies
Google Browser - Firefox, Opera, Edge, etc.
Google.com - DuckDuckGo, etc.
And so on and so forth.
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Hmmm I wonder if that 'article' is actually a paid advertisement. Some of those names I'm not sure are really that big in the youtube crypto space.
Boxmining for example is fairly big, also I like ready set crypto for their insights.
+1 Most of the time these articles are shills for people attempting to bring coverage to a select group of people (that may have bought and paid for the article to be written, OR they're paid by the site itself to advertise certain things) Crypto youtubers are MOSTLY out for their own gain and have a large conflict of interest when delivering information. I'd avoid MOST. |
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If you have financial freedom, there is still much to achieve. You could work on strengthening your body, your mind, or your family. You could donate your time to good causes, or relax and enjoy a hobby.
People forget this, and people think that once you're able to retire early all you're going to do is sit around, watch tv, get fat, and waste your life. Which in my mind, is complete and utter bullshit. There's no way that if I was to hit the goal of retiring early would I just squander it all and sit around. I'd want to explore the world, donate my time to causes I like, watch videos, enjoy hobbies and so on and so forth. Instead of wasting my life working, I'd be able to enjoy every second of it. I hate when people say they're going to work until they die, I just don't understand the whole "I don't know what I'm going to do with myself when I retire" Like have people fully lost themselves after working for that long? |
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havent reached my goal yet, still i dont have to work , but also cant do what i want. i am in the finacial twillight zone.
doubt that will ever happen, many billionaires are constantly afraid of losing everything This is only for the billionaires that are risking it all though. I doubt there are many billionaire that are truly putting every single cent of theres on the line at every warking moment. 90 to 95 percent of it maybe? But that last 5 percent could let them live in luxury for the rest of their lives. Invest early and often. |
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Don't want to test waters on random sites just to try the bankroll investments.
Yeah, don't do that. Invest only to casinos that has built their reputation in the community just like bustadice. though I'm not sure how they're doing recently and even whether or not the site still allows you to invest into the bankroll.
I think they are still allowing it because it's on their faq. https://www.crypto-games.net/faqWouldn't invest in Bustadice until I seem some bankroll management like CryptoGames has. Any new site is going to have some massive wins and losses for those that invest in the bankroll because they can't manage their bankroll correctly YET. Look at the growth of anyone that invests in CryptoGames. It's pretty steady, because a good gambling site makes steady money. |
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I dont really mind too much on verifying my bets as long i do play on reputable sites because you can already presume that they are fair where such big community already trusted them. Period. Appreciate OP's effort though.
But if you presume all of these are fair, and the site takes advantage of your once or twice you're never going to notice. I would rather waste my time and check all my bets, rather than go through hundrends of bets and get fucked once -- because I was complicit. I would never just assume all is fair because you're on a reputable website. That's when you'd least expect it tbh. |
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If I wanted to do that I would rather go and try to start my own casino instead. It doesn't take much starting capital to make your own online casino and it is one of the best business models because you are guaranteed to make a profit. Nothing like real life casinos that require a lot of money to run.
https://www.casino.org/blog/how-much-does-it-cost-to-start-your-own-casino/So what you're saying is that you have about (and this is a conservative number) $1-2 million to pay for licensing cost, software, attorney fees, international banks, international credit card merchants, compliance and so on and so forth? There's no way you have that amount. An online crypto casino costs nowhere near that, sounds like casinos trying to discourage more people from starting their own casinos, doing anything to lessen the competition. I'm talking about just opening a crypto only casino, software is basically free, no need for compliance and regulations when you operate in a good country. I've been around this game for years, I know what these guys have to spend to open these casinos. Its virtually nothing and they know how to do the work around. Ok lets make that number half, or even 1/4th of the earlier number. Lets say you're able to find some of the best coders for the cheapest prices, you've good some good cheap lawyers, and so on and so forth. Even at that, you're sitting in the range of having 250k-500k liquid to set this all up. That's not even talking about the site bankroll and continued marketing. You're going to have to spend at least 10k a month for marketing, then more for salaries for support staff and such. |
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If I wanted to do that I would rather go and try to start my own casino instead. It doesn't take much starting capital to make your own online casino and it is one of the best business models because you are guaranteed to make a profit. Nothing like real life casinos that require a lot of money to run.
https://www.casino.org/blog/how-much-does-it-cost-to-start-your-own-casino/So what you're saying is that you have about (and this is a conservative number) $1-2 million to pay for licensing cost, software, attorney fees, international banks, international credit card merchants, compliance and so on and so forth? There's no way you have that amount. |
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I know people in this subection are probably going to be against this sort of rhetoric, though I know that most people here are avid gamblers. Which is fine, though there is a problem that arises when you gamble all the time -- you're not going to be making any money, and all you're doing is losing. There are ample examples available where people have made money which is out of their expectation from gambling! Also there are people who are consistently making money from gambling! Probably you have experienced the reverse side of it, but that doesn't mean people are not making money! Wouldn't you much rather invest in the bankroll of a gambling website, so you'd be able to make some money off of people like you?
I do understand that there is risk in giving other people access to your BTC (or whatever coin you choose) though that same risk is present when you gamble and put coins on the platform.
A lot of gamblers are also investors of the gambling websites! I know at least a dozen of them and I am also one of them! It makes complete sense to invest in legal and trusted gambling websites and to make money out of it. However, I seriously didn't digest your statement " so you'd be able to make some money off of people like you?"! It's very derogatory and discriminating in nature! Gambling doesn't always mean negative things! People play to have fun and some adrenaline rush as well, not everyone is aiming to "get rich quick" from gambling! I mean with that same line of thinking, there are ample amounts of people that win the lottery -- that doesn't mean that winning the lottery is guaranteed. In the long run in any sort of gambling, the house is going to win. The house has an edge (which is different depending on the game and the site) and they're going to beat you. So why try to beat someone that's going to inevitably beat you when you can just win by investing in them. |
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I know people in this subection are probably going to be against this sort of rhetoric, though I know that most people here are avid gamblers. Which is fine, though there is a problem that arises when you gamble all the time -- you're not going to be making any money, and all you're doing is losing.
Wouldn't you much rather invest in the bankroll of a gambling website, so you'd be able to make some money off of people like you?
I do understand that there is risk in giving other people access to your BTC (or whatever coin you choose) though that same risk is present when you gamble and put coins on the platform.
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Just make sure to note that provably fair is only as fair as the way you test it. If the test is done on the site that you're working with, the site may fraudulently state that everything is fair and legitimate -- but when you go test it on your own independent testing, it says that something is wrong.
So if you are going to be testing bets, don't do it on the site itself -- do it independently.
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I do not think a regulating body is necessary for crypto gambling. we already have stuff like provable fair gambling and other methods for checking frauds.
We should just regulate more with codes and less with humans for the sake decentralization.
But that doesn't do anything if there's no other sort of regulation, provably fair is only as good as the person verifying it and ensuring that it's done correctly. People could simply say that they're probably fair, fake the checking app on their site, and then everyone is screwed because they never verified themselves. I'd want these casinos to have to put up some sort of bond to their regulating government, which could be liquidated if need be to satisfy stolen money from customers -- this would be to help weed out the scams. Force people to have some skin in the game. |
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So what happens if you don't use Facebook or Twitter because you consider them to be the juvenile haunts of kids and politicians?
Linkedin, Myspace, Discord, Telegram, Reddit, Instagram, Bitcointalk account username and pass (yes this is social media) Youtube/Dlive/Dtube/Steemit please. Just plead the fifth https://www.youtube.com/watch?v=2SDMie8dbsg Do not give these monsters your Roblox and Fortnite usernames! What I do with my penguin stays in club penguin  I mean it you’re a foreigner and you attempt to plead the fifth and then say that you won’t give them that information —> You’re not going to be allowed entry Its a privilege to enter this nation, not a right. |
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I don't mind them checking out social media accounts. Many people have a lot of public posts anyway, things everyone would have seen. Just give them the profile name and be done with it. I don't like them also asking for email addresses and phone numbers though. So what happens if you don't use Facebook or Twitter because you consider them to be the juvenile haunts of kids and politicians?
Maybe they'd ask for your Reddit, which is worse since they'll find more of your opinions there, unless you show them a dummy account. I mean, they're going to ask for all they want. Though the problem boils down to the fact that they're going to have to prove that you have accounts. I suppose they could seize your phone at the border, ask you to open it, and then look through it to see the apps you use -- then asking for your username on the apps makes sense, as you obviously use them. This is a mixture of trying to balance privacy of foreigners, and protection of people at home. Though I doubt this will provide much protection tbh. |
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Both parties love to invade on the privacy of the people. This is probably a bipartisan measure tbh, and it's not going to get much time in the news cycle. I understand the rationale behind a decision like this though, as people are going to say that foreigners should be looked at with a fine tooth comb to ensure that these people aren't wreaking havoc on our country.
Though do we REALLY have the resources to parse through individual peoples social media accounts, or are we just going to have an AI look for keywords or something? How is something like this even enforced. If I was to say I have no social media accounts, it seems pretty hard to fight me on that one.
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The only point I could see people bring up is the fact that the people who pay tariffs are citizens of the US and firms in the US who are consuming the products that are imported. It's not like this tax is being levied against the Mexican government for each product that is shipped into the US. All this does is make Mexican products more expensive, and make American (or other countries products) seem cheaper.
I'm not saying by this rationale that this is a good/bad decision. I do think that this is going to help force the Mexican government into working towards a solution though. Just wanted to show who pays for this.
That's not so. Consumers in the USA will not "pay for more expensive Mexican goods that include the US Tariff." They will see the Mexican goods as one option in a competitive market, and likely pick some other, equally good product, which does not include a tariff. The net effect of this is Mexico losing substantial income and trade, the US getting minimal tariff income, and US consumers paying minimal amounts of tariffs. But you have to understand that the only reason that other goods are going to be bought by Americans due to the fact that Mexican goods are going to be more expensive due to the tarrifs. That's the only reason that the other goods now have to compete with other, more expensive goods. They may still pay for Mexican products if they are still cheaper than other, comparable products, even with the tariff. |
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Wouldn't follow any of them tbh, most of them have been involved in some sort of scam where they've accepted money to promote a coin (while saying that they're not sponsored at all, which is horrible)
I know DataDash did this with SUB and received 200k (which he later claimed that he lost) in SUB to promote the coin. The coin obviously pumped after he started promoting it, and he probably made some good money as I highly doubt he actually lost anything. Was just a BS way to attempt to gain back some credibility.
Just do your own research.
I second this. Get into the math. Understand, as best you can, the difference between a blockchain and DAG. Understand POS and POW. When you have a good grasp of this (it will take a while unless you're a math or CS graduate. Then, learn about investing. If you think there is something in crypto (obviously you do) then create wallets. Buy crypto, store in your wallet and HODL. I mean even with that, I wouldn't advise anyone to invest a substantial amount of money into Crypto due to the large fluctuations in price over short periods of time. People can continue to talk about how BTC is the best performing asset of 2018+2019 or something along those lines. Buy stocks and bonds, and leave a portion of your money into crypto if YOU REALLY trust it and you're ready to lose money. |
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It is very obvious, China banning American companies you hear nothing because it has no effect to the broader market. While on the other hand even if the American Companies only banned one Chinese giant tech. Everyone started to become crazy.
Therefore the effect of American companies banning a single Chinese company can be very fatal to a broader market. While Chinese banning multiple American Companies does not seem to affect a lot.
Apple used to make their products in US but have transferred to China because it's cheap. They can just easily go back to where they've started and that means no problem to them.
Simple logic: Apple only loses sales from China , Huawei Loses sales around the world.
This is because when the US makes a decision like this, they typically have a coalition of nations prepared to work with them -- as the US uses their military and economic might to force countries into working with them on issues like this. This is the reason that Huawei is going to take a beating due to this news, while Apple and the other tech companies of the world are most likely going to be fine. Some may complain about the economic influence and military influence of the US -- but this is the upside of it. |
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The only point I could see people bring up is the fact that the people who pay tariffs are citizens of the US and firms in the US who are consuming the products that are imported. It's not like this tax is being levied against the Mexican government for each product that is shipped into the US. All this does is make Mexican products more expensive, and make American (or other countries products) seem cheaper.
I'm not saying by this rationale that this is a good/bad decision. I do think that this is going to help force the Mexican government into working towards a solution though. Just wanted to show who pays for this.
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