As much as I wanna be optimistic, the thing is that even despite the fact that US is one of the frontiers of bitcoin and are one of the biggest users of bitcoin by trade volume, I still don't believe the average American will be so accepting of using bitcoin for daily use. It took them a while to shut the fuck up about the mask situation, imagine how rowdy these people will become when the topic of using another form of currency besides the dollar comes into play. If the US government doesn't change its ways on how it manages its money, the economic crash we've all been expecting and fearing about will inevitably happen and it will take everyone with it. That's going to be for sure.

exactly. There's this destructive notion from back in the day which still persists up until now that if you save, you'll become rich. Which is hardly the case nowadays, back then sure it would've worked stupendously but now? not so much. Saving as of this day and age seems to me as a form of securing your future for emergencies, not as a means for you to get profits from. How you are able to generate money from what you have lying around though is what would make you wealthy in the modern setting, to that I agree with you. Saving up assets is basically investing, so you're telling OP to invest his money on assets, not save them because if you SAVE, you are basically setting the proposition that it's for fiat, and you're doing it so you'll have money for when you need it. INVESTING on the other hand, is in this headspace where you are putting your money to work instead of you, so you EARN.

I would agree with O'Neal on this one. A lot of times sunk cost fallacy plays its part and fucks with the people's head with notions like "this has been a part of my life for X years, I just can't drop it that easily can it?" or "I've invested so much of my time and energy on this business" which is just sad. Although I would really look at it this way for the most part: You keep two things in your life. If it makes you money/lets you grow as a person, or if it makes you happy. In the case of setting up a business only to one day make it your hobby, if it makes you happy serving customers and all that then by all means go for it! But if it's just weighing your finances down, stresses the hairs out of your body, and leaves you empty as hell, then drop it. It's a toxic relationship at that point.

You can look at it that way and see bitcoin's volatility as a not-so-good thing since "hurr durr could drop bitcoin's value to zero in one go hurr durr", which is true don't get me wrong, but purely situational and would almost always not gonna happen in the real world. At the same time, this "volatility" is what makes bitcoin's value pump sporadically, granting tons of users massive amounts of profit, bigger than any investment you could ever make in your life. So will you look at the glass and see it as half-empty or half-full? It's just a matter of perspectives really.

Well at the time, for sure he saw it as 41 bucks, and would probably have reservations about selling 10,000 btc to buy a pizza if he knew what bitcoin's valuation is going to be, but in any case in order for adoptions to be made in this industry "someone has to start it all". Someone has to initiate the chain of events that would make bitcoin valuable in the process. I have no doubt that we owe a great deal to these pioneers that sold bitcoin and used bitcoin for regular transactions.

Laszlo is just but one of the few people who spoke up about their old experiences with bitcoin, there's also the people who bought 50 cent's album using bitcoins making the rapper effectively a millionaire at this point coz he has no plans of selling the earnings he got from that purchase, and many others. It is with our combined efforts that we make bitcoin relevant.

Basically "Hey this is rare, let's agree guys that this is rare because this is how I found out *brings out a scroll full of convoluted jargon that no noob will be able to understand* so yeah you have to buy this thing now for 2 eth* Although in reality, I don't see this being any different from other types of collectible or important memorabilia like game jerseys, rare pairs of shoes, and what not. For sure people will see this as valuable and would probably jump in to see and buy this item for the most part, but at the same time since this is bought using Ethereum, I don't think a direct effect on the bitcoin economy will be into play after this. They only dabble with a few satoshis every now and then, plus add the fact that this is bought using a different crypto, and you'll get this.

I don't think such social gatherings ever helped bitcoin increase in value or usability, because most of them are discriminative towards people who are none-the-wiser about bitcoin itself, although not directly. The lack of stalls for bitcoin information desks, and how-tos, seminars intended for beginners on how to start their journey in the crypto industry, and a couple integral lackings are the primary reasons why I believe such gatherings, as packed and as well-received as they may be, is not impacting the price or the relevance of bitcoin in the outside world.

And it only makes sense for this to be the case, because the amount of walk-in curious individuals are really slow, like microscopically slow, so to dedicate specific booths and amenities to a low amount of audience just doesn't make sense from a business perspective.

While ChatGPT's answers could be correct, and are all based on statistical data or other important sources of information allowing it to make these intelligent guesses, I stand by the fact that bitcoin being the only cryptocurrency in the market wouldn't do the industry well, and could even spell doom for bitcoin.

For instance, the competition is tight between projects vying to become the next big coin, or those who are just trying to topple the competition by providing better features and benefits. These said features and benefits that we so relish upon today is one of the few reasons why the CryptoTech Industry is so profitable and fast-moving at the same time, which wouldn't be the case if the only coin you're working on is a boring coin with no real feature.

Another is the trading aspect of this. As it stands today, trading is the msot profitable venture in this industry besides building, and none of this would've been possible if altcoins and other cryptocurrencies didn't exist. Plus the fact that the people have a plethora of coins to choose from enables the economy, and is arguably enabling bitcoin's value even more than if it had remained to be the only coin in the market.

It's actually a really funny story how I quit, one that involves League of Legends too.

So there's this one time where I worked as an Over-The-Phone Customer Service Representative for a Telecommunications company I wouldn't disclose today. The job was far from being a dead-end, coz it provides great accommodations, hefty incentives despite the cutthroat main salary, and a good way for you to get promoted too which is in the form of merits, though different from the merit system we have in this forum. I came across a co-worker who I instantly befriended after knowing he's playing league of legends everyday after work, and that's where most of our time spent together went basically. In any case, after a very stressful day at work, a bomb dropped on us where our bosses told us they aren't going to consider the promotion application since they're short on phoning staff at the moment, and a cut from our monthly bonus, we decided over a game of league to not report to work the next day, and the next, and the next, until the company just gave up on us and tagged us AWOL without resignation.

We basically dipped out after losing so hard in life and losing even harder in league. Still one of the best decisions I ever made in my life.

Would I share this on a video-sharing app like Tiktok? No, not really, I couldn't risk having my online presence getting tarnished like that. But I do support their cause, someone's gotta let the world know we're not machines, we're not census, we're real people with real lives.

Saw this from a meme. but it basically means that time wasted having fun is no wasted time at all. Which is so true on a lot of levels. Considering how the world has become so cynical these days you can't say anything anymore without getting cancelled on twitter. Might as well live the life you love, and love the life you live yeah?

Of course this doesn't for heinous things like serial murdering but I don't really need to clarify that, but yeah, regardless of how much your lifestyle costs you in lump sum, or how much it takes of your time, by all means own and enjoy it! We only live once, make the most out of it by doing what you want the most, not conforming to whatever society tells you too.

Aside from FUD, all reasons for selling a portion of your portfolio to me is justifiable. It's your money after all, so by all means you have the full authority and control over where it gets spent or where it goes. Taking other people's opinions and advices are only secondary. In that regard however, you couldn't really say I could just sell my bitcoin, or my investments for that matter belligerently, of course I gotta gauge myself before I make that heavy decision.

I do have a couple, here are they:

1. Short on funds: If I feel like I'm gonna need a little push to be able to spend on stuff I want to, I may borrow a couple from my investments, then repay it once I get the money back.
2. Financial collapse: If the market crashed to the ground, You can bet your sweet bippy I'm going to be one of the first to cash out on my investments, I'm not gonna be a visionary who thinks of profit at the time of crisis lmao.

You have to understand that in the world of economics, overabundance means lack of demand and therefore shitty value. This is why toilet papers were dirt cheap, but when the pandemic struck, and for some fucking reason the Americans hoarded so much of it that stores jacked the prices, resellers sold it for so high the inventor of toilet paper rolls will wet his shorts and shed a tear, and thus the prices soared up high. In that regard, if you want to build a cryptocurrency project that prioritizes mining over the value of your coin, why don't you just build something like DogeCoin lmao, infinite supply, so the coin is worth practically nothing.

in short, you gotta understand that a tradeoff between value and supply must be made if you want to prioritize one over the other. For most, they'd rather put value over supply, but for some deviants out there, supply is king.

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Happy to fill in Agbe's spot sir Hhampuz!

You're a little late to the news, AFAIK as early as 2020 they started to ban the operations of cryptocurrencies on their territories, including mining. For a second you had me thinking they reverted their decision sometime in the past lmao.

In any case, the ban was both a good thing and a bad thing for crypto. For instance, it lost one of its biggest contributors, which meant less people mining on the coins and with lower demands, the crypto industry experienced the effects firsthand for a bit, till it bounced back without anyone every knowing why. On the other hand, the loss of China as the biggest contributor distributed the opportunity to the rest of the countries who actively partake in mining. As it stands today, US is winning if I'm not mistaken.

Awesomesauce! I've read about the post and commented on it too if I remember correctly I suggested investing on a 401k as well for your baby, which I still stand to that suggestion, but I wanna congratulate you for jumpstarting your baby's investment journey! I hope somewhere along the line when they grow up you'd be able to teach them how to properly manage money, as well as to invest! Which coincidentally also means you gotta heat up that old noggin and start researching on how to invest, as well as financial literacy, if you haven't yet! Pretty sure your baby's going to appreciate this little gift of a secured future for them when they grow up and they need it. Kudos to you man!

This is what I've been saying, the mere act of mixing is not crime, Mixers are not criminal dens that brood these scammers and scums of the planet where they can easily trick people and get away with it. There's a legitimate cause for the tool and that is to give the privacy back and make sure that coins aren't traceable, this fearmongering against Mixers brought about by the fall of Chipmixer is just horrible and a little concerning too, coz this is literally an attack to the people's right to privacy. Who's to say they're not going to crackdown on cryptocurrencies too, coz "they are anonymous and could be used by scammers hurr durr" jesus fuck. These legislators should do better.

First of, I know your first statement is opinionated, but it's just funny how you portrayed gambling as this "life-changer" it's a life-changer all right, for the worse that is.

As for your questions:
1. Do Church Leaders (priests, etc.) gamble?: I think so. But I couldn't confirm, there's a good amount of them that definitely succumb to these worldly pleasures either for the entertainment or the promise of greater money, if it's the latter then they're shit out of luck.
2.  Is it right for religious leaders to gamble?: I don't think so, especially if they took vow of abstinence and celibacies as part of their priesthood, but if they were gonna gamble anyway, the question of whether it is righteous to gamble or not is just going to fly over their heads.
3. What are the ethical and moral implications of gambling??: Not going to be the right person to ask about it, as some people have pointed out, since that just makes us judges of the people who're supposed to judge us which is a little weird and counterintuitive, in any case, I think they can absolve themselves of the "crimes" they committed, or if they couldn't worse that could happen to them is to have them stripped of their priesthood and the benefits that entails being a priest. As for the ethical implications of this, we all know well that gambling isn't something that came from a noble background, the very fact that we're discussing whether it's good or not to gamble sets that point in stone already. So you're basically just asking us questions you know the answers for already. But hey, I don't discriminate.

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Any day is as risky as the day before, when investing in crypto. The volatility rate doesn't change with each subsequent period after all. But what does change is the amount you could bag up when a bull run arrives, which some people speculate is closer than we may think. Don't take my word for it though! in any case, it's always risky to invest in bitcoin and cryptocurrencies as a whole. There's no definitive "profit only" cryptocurrency out there and even if there is, the market will absolutely demolish the fuck out of that coin courtesy of people flocking up to it.

So invest if you can. if you have reservations over it do not, and gather up researches first before making a move.

Exactly. It's all about the way these people use it, which is exploitative.

Just take art for example, AI prompters joining legitimate digital art contests using results from AI prompts? That's just downright scammy and fraudulent. Plus the fact that AI fetches its data from thousands of artists across the globe to create soulless, purposeless art is something that doesn't sit well with this community. As an artist myself, I get a sense of heightened confidence when I hear people tell me that my art style inspired them, or that they loved my artstyle they are trying to copy it, but in the case of AI, there's no gratitude, there's no one thanking or no one to get thanked. Which is why they are angry at AI prompters, cos this is outright stealing.