I guess when you really hate the financial system, you just have to plaster in that it's a Ponzi scheme without a care about the very definition of that so you can generate reactions from other who don't like to think too much and just sympathize that fiat is bad and central banks are just an evil organization (which I agree they are but that's not the point). Maybe next time, try to direct the hate in a way that it's informative and not just a senseless rant about why the government and the current is oppressing the people, no one listens to the crazy homeless guy, make your statements presentable OP.
I don't have all the info on this and it's just a conjecture but I believe the reason why Madoff has got away from the sniffing of forensic accountants is probably the fact that he's a reputable and influential investor in the Wallstreet and if there's someone snooping then he can just use his connections to stop the snooping or even discredit the investigations but it seems these didn't last long, after all that investment scheme like any Ponzi out there, is a house of cards.

If you can convert your bitcoins first to USD and then convert it to the country's currency, I think that we're going to be the same situation which is having a good standing since USD is pretty much a big money in many countries. I would disagree with little data though, there's 10+ years worth of bitcoin history so I don't think that if we were to do a dig or delve of data, we wouldn't probably consider it little.

Inflation definitely is a big problem but it's not like it's impossible to solve, I guess if the people and the government work together while the people are enjoying the benefits of bitcoin, we might see a day where we don't have to be worried about inflation that we evacuate our money on investments like bitcoin just so we can protect ourselves from that phenomena.

If we're talking about how you pay your stuff and depending on how you do it will demonstrate how financially literate you are then the absolute answer in my opinion would be that you know when to use your cash and credit card and you also know how to maximize the use of credit card bonuses without the hassle of being in debt because of using it since you also know how to pay for it in time. The very act of using doesn't demonstrate financial literacy because of the factors that I've said before regarding credit cards might not be existing in your routine.

Yeah you're probably right but with the right advisers and economists that share your vision of eliminating poverty, I don't think that it's a pipe dream to eliminate poverty because there's enough money already and studies have been published year after year about this very problem and the multitude of efficient and effective solution, what only needs to be done is probably the support or initiative of the government. If you're the president, you should've been immune to that kind of threats because that's the most difficult job and it should be a requirement that you're not going to back down from threats and that you've got a steel nerve.

I didn't know that Steam supported bitcoin as a way to pay for stuff in their store, that's actually pretty cool but given the problem with the transactions, I can see why they've dropped their support pretty understandable thing, not like other companies trying to even taint bitcoin's image while dropping it. Regarding the dropping of Turkish Lira and Argentine Peso, I think it's a good news and probably a good way for Turkish and Argentinian players to make money selling stuff on the Steam market since they're going to get paid in USD, am I wrong that it's a good thing or not? Because that's what I take from this news.

I'm pretty sure that the people who've been in bitcoin for a long time knows that bitcoin is a high-risk asset even before they get into and that's why it's so popular among people that are into revolutionary technology especially in terms of monetary system, this is the pioneering online asset that started it all. I still think that it's a high-risk asset though because the volatility of bitcoin never changed and just because some random asset management group says that bitcoin is a safe haven doesn't mean that it's not a high-risk anymore but I do agree that it's a safe haven though.
I guess it's a cause for celebration but I think that there are others that have already said what they've said although they're not a company, shouldn't you count Tesla buying bitcoins and at one time accepting bitcoin as a payment for Tesla as traditional company that admitted to the beauty of bitcoin. I don't think that we should stop calling bitcoin that because any investment is always risky plus what's the point of not calling it a risky investment? It will only paint bitcoin in a light that it looks too good to be true for the newbies because someone just decided that investing in bitcoin is risk-free.

I know that you really want to help your friends to become financially independent but I have to tell you this OP, it's illegal in your country so you're better off saving yourself first because you would never know if your friends will point finger on you if they get caught being involved in bitcoin, of course you can educate them but I don't think it's your prerogative to teach them access or buying bitcoin lest they get caught. I don't know if you've started already teaching them more complex stuff but if not yet, I implore you to tread lightly if possible because as noble as your intentions are, you better take care of yourself first.

You mean evade right?

Regarding the age of the article and the cricket noises after the fact, I was hoping we can see what happened next in this story, did Iran follow through? Did the miners ever complied on this arrangement? I can agree with you that it's a good arrangement that they are encouraged to sell at a competitive price but my problem with that is what OP said, that the government (Ministry of Energy and Central Bank of Iran) have a say on what's the share of the miners depending on their energy consumption which is totally in favor of the government. Knowing Iran and how they do things there based on what I've read about the country, I don't think that freedom is a big deal there so yeah, you're probably right that this is their way to fund their country while at the same time evading US sanctions.

That's an awful arrangement, is Iran not making a lot of money that they're trying their best at not just taxing bitcoin mining that they want a part of the mining themselves? If the government has the say in the part of the miners, that's bound to be full of corruption because the miners don't got a say of how they will get their part, that's like fishing on a lake and the park rangers will take your haul and they will decide what you get, is my comparison sort of correct regarding the mining regulation in Iran?

Not necessarily pero mas maganda gamitin mo yung voucher sa malalaking item kasi ang laking tipid nun kung sakali, tsaka bakit sinabi mo na not necessarily samantalang ginamit mo yung voucher na pambili ng phone tsaka headphone? Siguro sayo is barya nalang yun pero may mali dun hahaha. Iba atang app yang sinasabi mo kabayan pero salamat sa tip, di kasi ako madalas mag online shop kaya di ako pamilyar sa mga ways para makatipid.

Exactly, it's not like you have control on how the team that you're betting on will perform, your control stopped when you've locked it in and now it all relies on the skills of the team you've put your bet on. To be honest, most betting should be easy especially if you just bet on the one with the lowest odds, it's common sense that betting sites will put lower odds on the teams that's likely to win so why not just go with your common sense and secure an easy win?

I wouldn't say that OP's lucky though, it's betting so there's an involvement of analysis so it's not all luck, if OP knows where to place the bets then there's a higher chance of OP winning. Chasing losses is a matter of what game is being played, if it's based on chances, chasing losses is the worst thing that you can do but if there's a chance that your skill can change the game, then chasing losses is a possibility and not the worst thing that you can do maybe in the latter case, it's up to you if you want to break even or stop right then and there.

They're heavyweight fights I think so running around the ring would be the least thing that they're going to do and I believe that it's either going to be a slug fest or a battle of predictions but I've seen what Ngannou's fist can do and I think that if he's boxing training is going to be fruitful, he might have a chance to win against the Gypsy King but who knows, we will know tomorrow who's going to be dominating.
K.O. bets are probably higher since they're more uncertain and unpredictable.

That's what I think about his attitude too, and I think that McGregor being an asshole and cocky fighter during interviews contributed to the increase in sales in his fights which I think is the best strategy right now because you can pair this kind of fighter with a calm demeanor fighter or an equally trashtalking fighter and the results are going to be the same: more people wanting to see the matches. This fight is going to be a blast and I feel like Tapales is going to have a hard time with this one on the aspect that it's the Ariake Arena where Inoue defeated Fulton so the psychological warfare is on Inoue's advantage but given that there's two titles at risk for Tapales, hopefully it's enough to stave off that mental warfare of fighting in that arena where Inoue did a one-sided fight.

If we're talking about gambling responsibly, shouldn't the discipline of time management part of that umbrella which is "gambling responsibly"? What I mean is that having a time devoted to your gambling habit and knowing the time to stop is a common sense that shouldn't really be said. It seems like telling them that is kind of a reminder and that they're already failing at being responsible at gambling. How can someone have gambling as a full-time job? Don't you lose money more in gambling?

The fact that you are trying to fight the urge to not listen to your friends when making a gambling decisions makes you unfit to gamble in the first place because gambling should be your own decision and bringing in other people is going to be a disaster in the making because when you lose, you're definitely going to blame the person that you've listened for advice and don't say that you won't because your emotions when that happens is going to be in shambles so your instinct is to pass the blame to relieve the clashing emotions and you'll definitely blame that person.

If you want to really be good at identifying fakers, the best thing you can do is to be a faker yourself and no it's not something that you can learn for a month, you should be a faker ever since because there are nuances to emotions and facial movement and only fakers can identify other fakers. It's hard to identify fake emotions especially if you're a genuinely nice person that wants to believe that there's good in everyone plus there are other people that aren't really good with expressing what they're feeling so the way they deliver their reaction is kind of awkward that we will think that it's a fake one and that's why I believe that it's easier if you are a faker yourself to be able to identify fake laughs and fake reactions. That's not the rule though as common sense is a thing, there are others that don't bother hiding that they're faking.

The answer to your question regarding these casino streamers being popular is that they're all famous people that have influence on a variety of people that are watching their streams plus they're a cheaper way for casinos to hire to advertise their business and they get a ton of value out of it because streamers have a live audiences and that's the wet dream of any advertiser, a live audience that they can bombard with ads without the audiences being annoyed of it because they're favorite streamers are playing it, factor the fact that most famous streamers are bombastic and always interacting with their audiences which helps maintain attention span and more exposure for the casino advertisement.

What's the point of telling everyone about this though? OP is asking for a business idea and I believe that OP did point out about this part already so, a bit redundant of a post if you ask me. If it's a small business, you really don't have to do any advertisement because most small businesses pop up on closely knitted neighborhood in my experience so you really don't need to do any ads to promote because people are going to see your business when they walk by the general vicinity of the business.

About small business idea, the currently trending idea in my local area are food-related like milk tea shops or Korean barbecue joints, so the idea here would be to build a small business that involves serving local or a new culture cuisine, maybe building a Jamaican jerk chicken shop or Jamaican cuisine would be a good small business idea although but you have to be really cooking a really good jerk chicken because if you're not a Jamaican, at least do your best at cultural appropriation for profit.

That's why I've said in my reply that "If" which means that I'm implying a possibility not reality but we don't live in that kind of world where there's no such thing as pure honesty. Regarding the consequences though, I don't think that the lenders that will default here in the forum is going to be suffering that huge of a consequence because this is online and you can't really dox someone. I don't know about being rewarded though when you pay your debts here, I guess the good thing aren't as physically attractive compared to consequences.

As much as loved your apt description about Munger, experience should still be a thing that we should consider when hearing them, you might say that you don't need to hear them but the point is to put what they're saying in consideration and still think for yourself. It's hubris like that the new generation is going to replace the old will be the new generation's downfall. As much as we want to hate on them for being against bitcoin, I still think that these authorities when it comes to investment should still be worth listening to.