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1961  Economy / Economics / Re: Avoid loan apps, a word of advice. on: July 26, 2022, 07:59:22 PM
In my country, there are many cases of online loans that end badly, those who can't pay installments get severe terror, loan interest that can reach hundreds of percent per month makes people who owe $5000 to more than $15k in 2 years, it's better never to avoid loans in the application and better take loan to banks.

What more worse there is they give threats or other disturbance to their clients who cannot repay their loans and if you go on this situation for sure will get disturbing phone calls as well as emails from time to time so if you don't have capabilities to pay better not to take this option because for sure we will be in bad shape. Better to avoid taking loans since life is so good without anything bad things comes in our minds.
It is really just normal for them to make out barrage of calls and spam out emails whenever they do really need that repayment of yours which they do actually have the rights since you are owed
something from them which its normal that they would really be having those kind of approach if you do show no interest on paying it back or simply you are already in delay.
Avoid loans and borrowing money at all cost if its not really needed because it would really fuck you up if you arent really that responsible on paying back those loans on the right time.
It is really just normal to have those kind of approach whenever you do make out some foolish actions.
1962  Economy / Gambling discussion / Re: Some Tips To Aide Successful Sports Betting. on: July 25, 2022, 10:46:24 PM
6. Ignore personal bias
Most people who bet on sports enjoy watching the games that they love as well as like to see the teams and players perform well, which can influence their choices.
Although it's not a major issue when it comes to backing your favorite team, but it's important to avoid allowing personal biases to affect your decisions in gambling, for example, the team you support is playing against another team, and you are very sure that that other team is going to win the game because they have a very much stronger and well coordinated players than your favorite team.
What are you going to do?
Are you going to put your money first and bet in favor of that other team or are you going to allow personal bias force or constrain you into loosing your money by betting in favor of your favorite team?
One of the best ways to avoid this is to avoid events and games that have a personal interest in the outcome.

I really like what you are saying here, and this number 6 is just me and I can not ignore it, well surely I am one and I admit it, being biased in a certain team, is what I am but getting more losses than win gets me realized that I am losing money more on gaining it, So I stopped being bias, and research more, but when it comes to Filipino boxer that I want to support I really don't make bets if I know that my guy will have the beating but I am posting that I support the guy, but indicate that I have not bet for him,

Just like when Donnie Nietes VS Kazuto Ioka, I sense that Kazuto really has the upperhand I decide to support Nietes but will not bet on him, the recent fight of Curtis Blaydes VS Tom Aspinal I really like Aspinal but some guys tell me that Blaydes has more experience but that fight turn into a freak accident and it is a good thing that I have shifted my bet to Curtis Blaydes,
Wise choice on certain conditions where you do find out that your fellow countrymen is really on disadvantage then it would really be just good that you wont really be making any bets at all.
You shouldnt really make yourself bias when it comes to these conditions just because it is your fellow country men and you do force out to bet just because of that reason without seeing in depth
analysis in regards to stats which it isnt really worth for your money or better skip out and find another match which you could apply your casual sports betting behavior or analysis
to be made of.
1963  Economy / Trading Discussion / Re: Do real traders care about bear & bull market? on: July 25, 2022, 09:54:18 PM
A real trader always analyzes the market to the smallest detail. It should be understood that this is what allows you to conduct a qualitative analysis, and as a result - to get a positive result of the work.
Too much analysis leads to paralysis and hence it should be limited to what is necessary.

There are some basic rules to follow which newbies and even some failing traders end up not following. Buy at low and sell at high. This is why even if it is bear or bull it won't matter to veteran traders.

There needs to be a better care on how funds are managed. Not knowing this leads to the problems of going rekt.
Only use on something which you do see for it to be relevant or useful and dont make yourself overloaded on things because it is really that stressful rather than to be helpful.
Stick with your own means or ways of trading and dont make yourself too impulsive nor getting depressed or desperate because things would go messy if you dont really mind
even on the simplest principle which is attached to trading. Real traders are the ones who could make out money despite of bear or dumping situation but since we do know
on what are the type of traders then it is something considerable in some cases.
1964  Economy / Gambling discussion / Re: An alternative to gambling with money. on: July 25, 2022, 08:55:40 PM
Requires big money or bankroll for you to make out big base bets which is common sense but you could also potentially hit big multipliers even with just a small bankroll but of course most of the time you would be ending up on failing because you cant really be that versatile when you are just simply having small bankroll unlike when you do have huge amounts which is common sense. Luck is always be the main factor whether you are playing strategically but that wont really be assuring win or profits in the end of the day.
What you say is true because no one can guarantee you will be able to win a lot of money, no matter how much money you use to gamble. In addition to losing money, you also have the potential to lose a lot of time, especially if you end up playing gambling all day long.

If you want to keep gambling, it's better to use an amount of money that you will not regret if the money is lost due to your loss but remember, the time you spend gambling can exceed what you have set. It's better to use the time you have for other things that can benefit you.
If you don't want to lose and lose in gambling then you can choose not to gamble, or try other alternatives such as just for entertainment by using a demo account. But even if at first you only use a demo account which gives easy wins, you can be motivated to start making deposits assuming the wins you get on the demo account will continue when using real money. So, gambling itself is difficult but if you don't have the target to win big, then you also won't waste your time and you stay in control of the game.
Gambling wont be the best choice if you are looking for something in terms of leisure but since you dont really like on losing money then it would really be that common sense that you should avoid it at all cost but if you could really make out some spending or willing to lose amounts then it wont really be that to have some gambling time for the leisure you do seek off. When you are already that get too attached with gambling then it is
really high likely you would really get addicted to it and this where things starts to become salty and bitter where you are really making your life situation or condition putting up to worst.
If you dont like on ending up having some financial problems then better to avoid gambling and look for another alternative.
1965  Bitcoin / Bitcoin Discussion / Re: I will Never Fall Again on: July 25, 2022, 07:56:32 PM
Those who already have enough knowledge about bitcoin and how there are many scams with investing in crypto will no longer be tempted but unfortunately even more who do not know what bitcoin and how scammers try to deceive people, what's more annoying is that it's quite difficult to convince those people that it's a scam.
Many of us here already have an experience but can still manage to make a mistake that mostly a newbie can make. Well we are only humans and some of us are having a hard time to remove that greed feeling inside us. If only some of us can focus more on bitcoin and learn more on how to improve our bitcoin activities, we can always earn more benefits and what is good about this is that the risk that we are going to get is not too much.

If someone is hard headed to not listen to our advice, well what can we do? Those people will only regret once they lose huge on scam investments. If you are annoyed with them then you better keep quiet.
Human being is naturally greedy which means that we are really that prone into those situations where it do really pokes out our greediness inside which means that whenever we do encounter then it is really that just
depending in our own experiences on how we would gonna deal such situations and since we are aware then it would really be just normal for us to act according through our senses and since you are aware that
losing money is high then better avoid it on all cost but if you are really that a risk taker despite of that obvious risk then its up to you.Its really true that people most of the time becomes hard headed specially
when they do see some easy money making opportunity which is really a very common behavior but once they had been fucked up then thats the time they would eventually learn.
1966  Economy / Gambling discussion / Re: An alternative to gambling with money. on: July 24, 2022, 07:59:42 PM
I'm not addicted but I want to win big real money  Grin

Everyone wants to win big, but how they achieve it differs according to our unique personalities, limits, and discipline. I'm sure you want to win big too, but you know when to call a spade a spade and when to say I'm done for the day and I can't wager any more money than this. However there are addicted people who can do anything far above their limit, they can do anything that will cause discomfort to themselves, their families, and everyone around them, they don't know when to stop, and that's the true definition of a person lost to gambling.

The urge that pushes us to gamble more can lead us to addiction as well. It is normal for people to aim for higher earning but the thing is as much as we want to get something the more we will hesitant to admit that we are slowly getting addicted. It is really hard to tell ourselves to be satisfied for a small earning but we can still gamble and take every penny as a big reward, we need to discipline ourselves, because that is the only way that help us not to get addicted.
Everyone who plays gambling wants big wins but unfortunately, many of them don't realize that to get big wins from gambling requires more money and of course, luck can't always be there for us. If we can realize that if we continue to play gambling and it is causing discomfort to us and our families and we can stop, it will help us to avoid addiction because we realize that what we are doing is wrong. We can also resist the urge to play gambling and can say no to continue gambling and finally we can stay away from gambling. It is indeed difficult to say that we are satisfied with what we have achieved from gambling but precisely therein lies the self-control that we must do to avoid gambling addiction.
Requires big money or bankroll for you to make out big base bets which is common sense but you could also potentially hit big multipliers even with just a small bankroll but of course most of the time you would be ending up on failing because you cant really be that versatile when you are just simply having small bankroll unlike when you do have huge amounts which is common sense. Luck is always be the main factor
whether you are playing strategically but that wont really be assuring win or profits in the end of the day.
1967  Economy / Economics / Re: You don't earn money only from others, but also when you avoid spending your own on: July 24, 2022, 07:15:10 PM
Usually people get anxious and frenetic for new sources of income, to find new jobs, so they can maximize their patrimony as soon as possible, but many of them forget you don't accumulate wealth only when receiving money or being paid by others for a work. We can also decrease our expenses and stop third-partying tasks we can do ourselves, so at the end of a monthly cycle we will have earned more money to invest and make it grow overtime.

People create so many worthless fixed expenses nowadays. It can be monthly subscriptions of services they barely use, eating out too often, purchasing superfluous clothes, accessories and items in general just for vanity towards the society. Sometimes people have all the tools they need on their hands to finish a solid building, however, since they don't know how to use them properly, it will look like they constantly need more and more tools indefinitely.
Success in life would be entirely be depending on how someone would really be handling out their finances well and if you are someone who are really that had mad spending behavior then you would really be on disadvantage compared to those who are really that keen on spending and minding much about investment and other things in related with other source of income instead. If you are really that
been mindful on how to have a successful life then it would really be just sensible that you would really take priorities on things which could really make you sustain even though you arent making
yourself directly to have a extravagant kind of living but at least you do know that you could able to make it possible in the future if things turns out to be well.
1968  Economy / Gambling discussion / Re: Gambling and Fengshui on: July 24, 2022, 06:55:12 PM
Quote
Feng shui is an ancient Chinese art of arranging buildings, objects, and space in an environment to achieve harmony and balance


Feng shui is an ancient Chinese art of rule-based superstition. Which is an interesting thing to think about from the marketing perspective. Is there a feng shui rulebook/superstition list or do people just randomly make this stuff up? Because that would make a lot more sense. Not that anything about feng shui makes sense in the price place.

I know they even hire special feng shui people in china for the feng shui of architecture, for example. Those guys earn a very pretty penny in doing their job but also being known as a feng shui master. So, like a celebrity architect basically.
I don't know if feng shui have such book of rules or things to do but some asian people who were near in china adopted this feng shui superstition. My country also have adopted this feng shui superstition since our country has many Chinese people. As far as I know feng shui improve the quality of life and more about positivity it also has some belief about placements of things to avoid bad luck and attract lucks. Chinese casino owners obviously will do this superstition since they are facilitating a casino and it involves money, This is why I think luck is very crucial to them. Imagine they are hiring some feng shui expert just to accommodate the superstition, This shows that they are taking it seriously.
Totally depends on the culture because we know that every race or countries does have their superstitions and beliefs which means that we should respect on what other people been believing into.
As long they arent hurting or affecting someone then just let them be on what they are doing  even though on general sense we do know that there's no such thing on this world could really make
out some affect or influence on how lucky you are unless if you are dealing with strategy based where analysis could also play a big role on making  winning chances high compared when you
are dealing with pure luck based games which would really be an another story.
1969  Bitcoin / Bitcoin Discussion / Re: Finland sold 1,900 BTC, for a good cause on: July 24, 2022, 06:29:58 PM
It would be nice to know how the Ukrainian Gov. will use those $47 million... Because i have the feeling that they will be used more weapons and not for help the people affected by the war.

But is their call and they can use it as the way they want. But i don't like the idea at all of a ware powered by cryptos.
There's no way on knowing on where those funds or donations would be applied on whether it would be used to be purchased weaponry or would be totally applied into its citizens that had been badly affected by the war? We know that it do really sucks when we know those funds would be used on other means but its their rights on how they would really be using it since its been donated then its up to theirs on what would
be their decision and this is a good move or deed indeed for Finland on having this kind of  donation which is the biggest one so far in crypto space.This amount will surely help a lot of those
people who are in Ukraine but just been said that we hope it would really be benefited out on a fair way.
1970  Economy / Gambling discussion / Re: How Gambling companies can get more users to deposit. on: July 23, 2022, 08:14:10 PM

Though I don't experienced it yet but I also read some post about that kind of delays, things that needed to review and to submit to the verifying team before the withdrawal will be process, annoying to the winner especially those who are already inside the house for quite some time and when experience the big win they will be asked for documents to prove their identities and also will advise to wait for further update with regard to the withdrawal request.

Because big wins are always suspected and the casino will definitely make sure the win is legal or not for a long time and well that's what we know so far.
Even though the casino always asks for documents because of big wins, if the win is legal, the winner will be given and the withdrawal will be verified, for example, there was a user Rollbit that won big because it was a legal win so the withdrawal was continued and the user got the funds.
Cryptogambling sites or even those fiat ones arent really just dumb for them not to verify big winnings into the site whether it is legal or fair one or simply made out some exploits or abuse and that what makes for them to hold of those funds which i would say it is really just right for any business on having this kind of consideration but there are people who are just easily get alarmed whenever their winnings been hold down
but as long you dont do something stupid and you are dealing with a legit gambling site then i dont really see for you to be worried that much because those winnings would be released accordingly.
Fairness and easiness in between transactions on what make people do stay up aside on the games that been offered.

Yeah there are gamblers who feels uncomfortable when the withdrawal got delayed, but likewise if you don't do anything and if it's a clear win, the site will allow you to withdraw the fund after verifying what it's needed to verify, if the site care about their business they will make sure to communicate well with the gambler giving them updates and what causing the delays.


Very uncomfortable indeed but for some gamblers but all of us would really be that reactive on something that do talks delayed withdrawals or even on deposits.If ever there are some
problems within that specific thing then it is really just sensible or normal for them to make out some announcements so that players wont really be whining and raging out on whats happening.
Companies should really be mindful even on the simplest things on where they should avoid for people to make out some bad impressions into the site because it would
really be giving out that long term effect which they should really be avoiding as much as they could.
1971  Economy / Trading Discussion / Re: Would you advise a focus on indicators or the market itself for a newbie. on: July 23, 2022, 12:06:23 AM
Indicators are helpful when it comes to crypto trading but they can also be a dangerous or destructive weapon for newbies and the best thing every newbie should do is to first focus on understanding the market itself which will help newbie to understand the fundamental aspect of the market momentum when they started using the indicators.
It's just a good way to tell that they shouldn't be jumping on the hard one when they don't know the basics yet. They should look at that as an advance users feature once they finally get that they can expand their desire of learning how to trade with using different strategy. I haven't seen any newbies master the trading and successfully make money in a short time. Getting used to the market is one thing that they shouldn't be looking over because most of the fundamentals can be found if you know the market well.
Stick with the basics or learning on it and then try to famialirize or mastering it first or take a good grasps before going to intermediate to advanced learning or indicators or tools because diving
directly into those hard things wont really be that much effective if you arent really that making yourself aware nor being good with the basics.You cant just make out some shortcut because
thats not how trading should be treated off.It would involved lots of trial and error before making yourself well prepared and sustainable on this market.
Although not all would end up to become successful but at least you are following on the right path.
1972  Economy / Gambling discussion / Re: How Gambling companies can get more users to deposit. on: July 22, 2022, 11:22:56 PM

Though I don't experienced it yet but I also read some post about that kind of delays, things that needed to review and to submit to the verifying team before the withdrawal will be process, annoying to the winner especially those who are already inside the house for quite some time and when experience the big win they will be asked for documents to prove their identities and also will advise to wait for further update with regard to the withdrawal request.

Because big wins are always suspected and the casino will definitely make sure the win is legal or not for a long time and well that's what we know so far.
Even though the casino always asks for documents because of big wins, if the win is legal, the winner will be given and the withdrawal will be verified, for example, there was a user Rollbit that won big because it was a legal win so the withdrawal was continued and the user got the funds.
Cryptogambling sites or even those fiat ones arent really just dumb for them not to verify big winnings into the site whether it is legal or fair one or simply made out some exploits or abuse and that what makes for them to hold of those funds which i would say it is really just right for any business on having this kind of consideration but there are people who are just easily get alarmed whenever their winnings been hold down
but as long you dont do something stupid and you are dealing with a legit gambling site then i dont really see for you to be worried that much because those winnings would be released accordingly.
Fairness and easiness in between transactions on what make people do stay up aside on the games that been offered.
1973  Bitcoin / Bitcoin Discussion / Re: Satoshi's faceless identity is the greatest Bitcoin success strategy on: July 22, 2022, 10:25:59 PM

I really bet to disagree with your point. Bitcoin too can be called centralized in this context. Satoshi Nakamoto holds 1 Million bitcoins, which is roughly 5% of the total supply of bitcoins as it is 21 Million. This actually is too much and enough to actually call this coin centralized as well. Infact some other cryptocurrencies have even less promoter holding than this. But yes the only advantage here is that one the creator is anonymous and secondly it has not moved even a single penny from what the holds so far which indicates bitcoin is quite safe to hold and obviously much better than the rest.
Satoshi Nakamoto Bitcoin holding is actually more than 1 million as you mentioned, and no bits have been used since the bitcoin was locked in Satoshi's wallets. But no one knows if Satoshi still has access to the wallet holding the coins.
I think this is pretty stupid to think that because he hasn't moved a single bitcoin from his address he might have lost the private key. There are huge chances he has some other wallet as well which we people aren't aware of and is enough for him to do his daily transactions and he is just keeping his bitcoin locked for the right time moreover he knows even a slightest of movement from his vault will attract huge attention from throughout the world so he might also not be doing this because of this.
Years have passed and no transaction is made from that specific wallet. This increases the trust over the network, because a transaction made from the particular wallet will surely make disturbance in the market. In specific the network might loss it's feature of functioning without lying on someone's decision.
Moving funds into those known satoshi wallet or any of them would really be signifying that Satoshi is still alive and i dont see for it to be a negative thing but rather a positive one since the entire community do knows
that he's still living and rather give out that kind of boost up and so much trust in bitcoin although there are some cons with it which some people might be thinking that he came back just for him to sell off this bag
which might create some fud and panic on the entire market although we cant be sure but the probabilities are  there and we know on how peoples mind do really play on these particular times.
For now lets just not stress ourselves on finding satoshi because it cant really be known whether his still existing or already dead.
1974  Alternate cryptocurrencies / Altcoin Discussion / Re: Hoping to see a bitcointalk token sooner on: July 21, 2022, 11:08:22 PM
Actually, this forum has been present for a very long time and until now there has been no token created in order to follow in the footsteps of others, if later there are arternative altcoins present then bitcointank will be more interesting for us to use, and now they must have a strong reason because they cannot create their own tokens and there are still negative things that arise later so that they do not create the token, but we don't know what will happen in the future, hopefully everything that happens as expected.
Not really much needed or not that relevant because this forum itself is made out by satoshi which means Bitcoin (his creation) is the coin that represents this forum thats why its really just not
much needed to create like bitcointalk coin or something like that which would be totally irrelevant i would say even Theymos would really be not loving the idea on creating one or neither supporting it.
It isnt really just needed but if there are some reconsiderations on creating one the for sure majority of this forum members or users will really be dying out on earning or getting one or
simply supporting it but of course it would be always talking about the profit that could be made.
1975  Economy / Gambling discussion / Re: An alternative to gambling with money. on: July 21, 2022, 09:57:56 PM

It wont really be that much effective if you are trying out to quit addiction on using up fake or no value money because you know that you arent losing anything even if you do lost.
Thats why it would be sensible that you should avoid gambling activity as much as you could if you are really that serious on quitting on it.
As long you are making yourself get exposed to gambling even using up demo money which it cant really resolve that addiction and get rid of it.
Real money Vs fake money does not help.
If one wants to have money - one should give a serious try to the work and save up as much as possible.

Literally you can earn money from your day job or hard work but we know that there are people who do love to earn profits or money in the most easiest way which is gambling thats why this really molds
off that kind of intent for them to play just because they do know the probabilities on making money in almost instant which they dont mind much about the cons or other side of it which is losing too.
If you dont like to lose money in the first place then you shouldnt have played gambling but if you are just seeking for entertainment then you should mind that you are spending some bucks just for you
to get the entertainment you do seek but turns out that people do changed up as the time passes by or the time they are prolonging in dealing with gambling.
1976  Economy / Gambling discussion / Re: An alternative to gambling with money. on: July 21, 2022, 07:59:10 PM
In my opinion, playing with fake money in an app and playing in demo mode, again, basically with fake money, doesn't bring you the satisfaction most gamblers are looking for. It may bring you some bad feelings even. Like once I won with a really huge multiplier playing in demo mode , and I was sad about not playing with real money at the time.

Don't want to lose a lot of money on gambling? Make the smallest bets possible. You can spin it with just one cent on some slots. That's a better solution, imo.

I also agree that it does not bring satisfaction to a gambler that is goal is to earn profit from winning.  Since only a real money can make this kind of gambler satisfied.  But after thinking deeply, there are people who play gambling for entertainment regardless of the outcome of the bet.  Meaning they are spending real money just to watch the reel move.  So an alternative way of gambling with fun tokens can greatly help this kind of gambler to save money.  As the other thread stated, People are not only gambling to win but they are buying entertainment so these people can just use these apps (stated on the OP) to save a lot of real money.
Fake money wins doesnt really give out that satisfaction not even on addicted gamblers but most people who do play gambling.Also it wont be called gambling if it doesnt wager someone valuable.Right?
It wont really be that much effective if you are trying out to quit addiction on using up fake or no value money because you know that you arent losing anything even if you do lost.
Thats why it would be sensible that you should avoid gambling activity as much as you could if you are really that serious on quitting on it.
As long you are making yourself get exposed to gambling even using up demo money which it cant really resolve that addiction and get rid of it.
1977  Economy / Speculation / Re: Which crypto Youtuber called the top at 60-69k and told they would sell? on: July 20, 2022, 11:08:21 PM
What other crypto Youtuber has done that too?
Not that fan on following or watching youtubers who do involved about crypto price predictions and telling something on what they do or what people should do but its not bad to look at on what analysis they had
made for them to say that they are presuming that it was on the top.It was indeed a right call i would say even myself wasnt expecting that it was the peak point and now the market did make out a nasty correction
which we do dip back on 20k below.Skill or just coincidence? With this unpredictable market then i could say both because people could make use of indicators which they can really foreseen if this market is already
overbought basing with indicators and tools which they could presume that it was already the peak and made out decisions for them to sell which it is a nice call that had been made of.
1978  Economy / Gambling discussion / Re: This clearly damage the gambling. on: July 20, 2022, 09:59:51 PM
This just makes the players a fool and those audiences.
And those gamblers who know about this situation won't just stop sports betting but it clearly visualized how sports betting is not the right place to gamble. This it ruins everything, trust, and reputation of the football fed as they allow this kind of game. They are supposed to think about the possible output as this has a negative impact on the gambling industry especially when it talks about sports betting.
In fact, why bet on matches like this because there are still many bets with leagues that are still very good, especially for the league class in Europe.
I'm actually still wondering if it's really worth the money for such a disgraceful outcome. What I mean is that this is at stake in the image of the club itself, because things like this will definitely be talked about again and again.
They wont really be that dumb on risking their image or reputation for some small amounts which common sense that this involved huge money been staked on.Once a probable rigged game or fixed ones been
proved out then it would really be over for their career or would really be penalized big time if its proven which thats why its really that hard to make out some dealings or transactions in between people involved
about match fixing which i do agree on what most people been saying on here that it is really indeed happening on small leagues which cant something be noticed immediately unlike on bigger or known
leagues where there a re lots of eyes been watching which would really be easily noticed if there are some discrepancies on the efforts and gameplay that they are making.
1979  Economy / Economics / Re: Should we embrace a cashless policy?? on: July 20, 2022, 08:57:01 PM
From my opinion, if I'm a president i think i will adopt cashless policy in my country,  because with the cashless system of getting or trading in the country, it will limit the level and situation of crime this time. Because when looking at it very well it seems that buying and selling of things now it's likely going viral with the system of digital system of money without physical Cash and without buying any items with fiat currency. So if i were a leader in government i would have legalized it and make it to be culture
depend in what kind of country you are running mate because surely if your country is not completely developed or not having that great internet connection and the willingness of your people to adopt .
there must be something that you need to impose for them to understand how this will work and will be adopted .
There are parts of the world which havent touched up by internet or simply the gadgets and things that do talks about connectivity and thats a fact since there are corners of the world which arent that civilized nor having that progressive state which is understandable but its a bit impossible that there were no connections or something like that since internet is everywhere.For cashless society then it could be possible but
totally hard to imply or apply considering that there are transactions which is more better to be done with fiat or paper money than on online stuffs or something correlated.
Now we are on a high tech era which transactions could really be done easily through online transactions and we would really be progressing as future years to come.
and a perfect reason why we must not consider that the whole world is ready for that adoption and embracing the cashless society is not for the entire world, maybe in the future but for now? this is limited to those countries that are ready for this and willing to take part of it.
maybe there is a need for preparation before the proper implementation .
People are way just too optimistic on something that they do see that it could really happen or they do want to see it to happen right away without even thinking or
realizing on how hard for it to be done or implemented since not all people are really that literate on todays era where everything turns out to have the access on the internet
and as mahanton said that connectivity is really that simple and could be done which its impossible to think that someone couldnt able to engage on.
Its true that implementation is hard because adjustments would be needed and wont really be that able to happen in a very short span of time.
1980  Economy / Gambling discussion / Re: [Discussion] Should Gambling be Banned? on: July 20, 2022, 07:58:02 PM
Gambling is a business to some people, it is also a means of generating revenue to some people (the government), it is a death trap to some people (children) and it is also a bad habit to the addicts.
I do not support that online gambling should be banned but it is necessary that it is regulated and ensure that children under 18 doesn't get involved.
I completely agree with this but regulation is just not enough especially when there are tons of gambling sites(crypto gambling sites) that do not require KYC upon registration or deposit. awareness of the dangers of gambling addiction and teaching people about responsible gambling would be a great addition to this especially(like I said before) when there are tons of gambling sites that do not require KYC when registering or depositing.

But KYC has its own pros and cons but when the subject is about hindering minors from doing these kind of activities, then KYC is somewhat useful but for adults, doing KYC will be a risky thing to do because every detail will be used in the illegal transactions or dark web if the site will be hacked (hopefully not). Personally, I also don't support banning online gambling but I think they could do more useful and safer regulation aside from that risky KYC.
Most of the time on which KYC is always been the main talk on why it has been implemented due to this minor playing issues on any platform where it could really happen thats why setting out these verification is really happening and yes it does have its pros and cons but we know that it is something that is really working on major part even though there might be still able to access or bypass but not as much compared when these
platforms arent asking for any verification in towards the age of the said player which it would really be just typical about this kind of system and thats why crypto gambling had become that popular due
to that kind of restriction havent been applied and of course it does have its pros and cons too.
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