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Author Topic: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed  (Read 104739 times)
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September 21, 2021, 11:16:51 AM
Merited by Pmalek (1), lovesmayfamilis (1)
 #2381

I haven't checked, but I doubt this is the only instance he has done that with posts written by other forum members.

Yes. Without having to look very hard, I have found another case of the same style:

He writes:

To be honest, I believe it's excellent news. Hopefully, they will be able to achieve this level of integration in other nations where they operate, because doing so in only one country is ridiculous.

I look further up on the same page and see that he has copied it, changing it a bit:

That's a good news to be honest and it's Brazil that they're doing this so I don't think that it's a big deal for the crypto community. Hopefully, they will be able to make this kind of integration in other countries that they're also operating in because that's just stupid if you're doing it in only one country.

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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September 21, 2021, 11:54:06 AM
Merited by JayJuanGee (1)
 #2382

Yes. Without having to look very hard, I have found another case of the same style:
Yeah, why am I not surprised Roll Eyes
It's easy to see why. He is just looking to produce posts as soon as possible as part of his signature campaign. He is also a social media bounty spammer.
Maybe the only merit he received was also one given to himself by an alt account. I haven't looked into it, but the username of the person who merited him is similar to his own. Ruvi2000sew and raji1995naya
 
It's just a hunch, + he got merited for a post like this:
Hello Team, Is there any update about Bounty reward distribution ? Its long time now

.Sinbad.io.MIXER......
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September 22, 2021, 07:22:17 AM
Last edit: September 22, 2021, 10:35:14 AM by lovesmayfamilis
Merited by JayJuanGee (1), Pmalek (1)
 #2383

@Pmalek, you are very observant.
And, probably, you need to ban a user who regularly paraphrases other people's posts.
Since the user is still not banned, I will add to your accusations and I think the moderators, based on our accusations, will quickly ban this user.

Paraphrasing other people's posts.

User: Ruvi2000sew
Post link: https://bitcointalk.org/index.php?topic=5355703.msg57806455#msg57806455
(archive)


The interests of the banking system, including taxes, management costs, and the cost of money, are now nearly zero or even negative, whereas the interests of the numerous sites are now almost zero or even negative. Defi can achieve 100% in exceptional circumstances, therefore there is no competition, platforms defi triumph over traditional banks, and more and more people select defi as their primary investment resource.

Earlier post

now the interests of the banking system including taxes, management costs, cost of money are practically zero or even negative, instead the interests of the various sites defi in rare cases can even reach more than 100% so there is no struggle, competition, platforms defi win over traditional banks and more and more users choose defi as their first investment resource



--------------------

Without a doubt, all investments involve some level of risk, but there are some risks that should not be taken simply because they involve risk. For example, crypto investment involves risk, but it varies from project to project; investing in already established projects such as bitcoin, ethereum, and bnb is less risky than investing in new projects, where the risk is high and the reward is high if you are lucky.
https://loyce.club/archive/posts/5780/57806607.html

Earlier post

All investment involves some level of risk no doubt but there some certain risk that don't need taking just because investment involves risk, for example, crypto investment involves risk but it varies from project to project, investing in already established project like btc, eth, bnb are lest risker than in new project, the risk is high so is the reward if you are lucky.
=============================================================================


Maybe the only merit he received was also one given to himself by an alt account. I haven't looked into it, but the username of the person who merited him is similar to his own. Ruvi2000sew and raji1995naya
 
It's just a hunch, + he got merited for a post like this:
Hello Team, Is there any update about Bounty reward distribution ? Its long time now


You're right. I checked. This is one person with alternate accounts who breaks the company bounty rule by participating with multiple profiles, he has a transfer of merit, and also take a look at this.

I feel now is a good moment to invest in crypto since most of the major currencies are trading at a discount to their all-time highs, and there is significant resistance due to institutional investment and coins locked on the blockchain. With the growth of blockchain-related Fintech, we may expect more usage in the near future. The quantity of most popular currencies is limited, and with the growing popularity of DEFIs and crypto in general, demand for crypto and utility tokens for fees is growing.
https://loyce.club/archive/posts/5792/57923232.html

I believe it's a good time to buy crypto as most of the prominent coins are much lesser than their all time high and there is a great resistance due to institutional investment and coins frozen on the blockchain. With the rise of Fintech around blockchain, we can expect more and more adoption in the near future. The supply are limited for most prominent coins and with the rising popularity of DEFIs and crypto as a whole, the demand for crypto and utility tokens for fees are increasing.
------------------------

Even if Elon Musk has not tweeted about crypto recently, the euphoria is still alive and well. Of course, numerous variables influence the fundamentals of the market, so the hype is waning. market And, with the quantity of Bitcoin to be mined running out, this will undoubtedly be a watershed event for Bitcoin, allowing it to achieve even higher values in the future and generating new crypto buzz, attracting new investors.
https://loyce.club/archive/posts/5792/57923172.html

The crypto hype is still not over as there will be some hype in the next few years even though currently Elon Musk has not tweeted about crypto, of course that is not the reason the hype is decreasing as many factors affect the fundamentals in the market. market And with the depletion of the supply of Bitcoin to be mined, of course this will be a big moment for Bitcoin to reach even more fantastic prices in the future and can get new hype in crypto so that many investors will enter.

-----------------------------------
I don't think Fidelity was one of the futures-based ETFs, was it? If my memory serves me correctly, Fidelity's will not be the first to be authorized. Given the SEC's comments, they appear to be considerably more receptive to a futures-based ETF, and a couple were submitted shortly following the SEC's futures comments.
https://loyce.club/archive/posts/5797/57975297.html

I believe Fidelity wasn’t one of the futures based ETFs, right? If that recollection is accurate, I don’t believe Fidelity’s will be the first to be approved. Given the comments coming out of the SEC, they seem much more open to a futures based ETF, and a handful were immediately submitted after the futures comments from the SEC. I’d say one of them being approved before the end of the year is more likely.


The same paraphrasing of other people's posts.
Pretty silly though.

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..BUY/ SELL CRYPTO..
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September 22, 2021, 11:43:25 AM
Merited by JayJuanGee (1), Poker Player (1)
 #2384

Paraphrasing other people's posts.

User: Chathusand

Another alternate account owned by these two
User: Ruvi2000sew
User: raji1995naya

However, we must consider panic selling when the whales have begun tossing the coins because it will take a very long time to hold the coins, especially if the coins have very few major updates, and pumping back the coins will rely solely on an increase in the price of BTC, which will not pump high, as I experienced while trading in the market.
https://loyce.club/archive/posts/5798/57983719.html

paraphrased from the post

However, we also need to consider panic selling when the whales have started tossing the coins because it will take a very long time to hold the coins, especially if the coins very rarely have major updates, then to pump back the coins rely only on the increase in the price of BTC even then it won't pump high, maybe that's what I experienced while I was trading in the market.
------------------------

If there hasn't been any regulatory pressure on Facebook previously, may be they've begun to accept cryptocurrencies. Of course, there's still time for this to happen, and it may come soon as Facebook continues to expand and can't afford to ignore blockchain in the long term.
https://loyce.club/archive/posts/5798/57983678.html

paraphrased from the post

If there’s no regulatory pressure with Facebook before, I’m pretty sure they’ve started to adopt cryptocurrency but of course there’s still time for this and honestly, it can happen soon as facebook continues to grow and they can’t afford to ignore blockchain in the long run. If they’ll create their own token that’s fine, and if they accept bitcoin much better.

-----------------------------------
That adoption is fantastic news, therefore I don't believe it's the cause of the crash; instead, I believe whales were manipulating Bitcoin at the time, and that's why there was a massive sell-off and whales were making sure to protect their money. Anyway, this is only a short correction, and certainly, we will climb again; let's see if this correction lasts till the end of the year.
https://loyce.club/archive/posts/5792/57923113.html

paraphrased from the post

That adoption is a good news so I don’t think that’s the reason for the dump, I also believe whales manipulate Bitcoin by that time and that’s the reason where’s a big sell off and whales are making sure to secure their money. Anyway, this is just a temporary correction and yes we are going to rise again, let’s see if this correction will last until the end of the year or not.

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..BUY/ SELL CRYPTO..
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September 23, 2021, 01:36:48 PM
Merited by JayJuanGee (1), Ratimov (1)
 #2385

Plagiarism
User: B-Bit
Post link: https://bitcointalk.org/index.php?topic=5354714.msg57722674#msg57722674
(archive)

Ethereum and Bitcoin have similarities. Of course there will be differences.
resemblance:
  • Both are decentralized.
  • Both utilize a distributed ledger technology called blockchain.

The overall goals of the Bitcoin and Ethereum networks are different. Although Bitcoin was created as a substitute for the national currency and therefore aspires to be a medium of exchange and a store of value, the purpose of Ethereum is to serve as a platform to promote unchanging procedural contracts and applications through its national currency.
Ethereum is another use case of the blockchain that supports the Bitcoin network, and in theory should not really compete with Bitcoin.



http://www.mbtc365.com/archives/1089

========================================================================================
Plagiarism
User: Samandra
Post link: https://bitcointalk.org/index.php?topic=5354791.msg57706758#msg57706758
(archive)

There are many important factors and strategies in trading, and successful trading requires a lot of comprehensive technical analysis capabilities and skills. I have summarized some considerations in the transaction.
1. Correct perception
Make reasonable judgments on the market based on plans and cognitions, reap the benefits of cognition or bear the risks of wrong transactions. Correct cognition is the fundamental factor that determines the transaction. Learn to establish correct market awareness and self-awareness, analyze market fluctuations and trends, and formulate sound strategies.
2. Emotion management
Emotion management is an important part of trading. If you can’t manage your emotions, and always insist on doing what you think is right, you can easily lose a lot. Do transactions in your own risk tolerance, do not be affected by market sentiment, gradually establish your own trading model and standards, and slowly get rid of emotions.
3. Scientific fund management
Control the capital risk to a controllable range, and learn to bear different risks in response to different investment opportunities. The focus of fund management is not to control risks, but to learn to release risks at an appropriate time.
Any transaction must have its own methods and strategies, what do you think are the important factors in the transaction?


https://nairatrading.com/en/blog/important-cryptocurrency-trading-factors

========================================================================================
Plagiarism
User: James Watson
Post link: https://bitcointalk.org/index.php?topic=5298708.msg56124095#msg56124095
(archive)

Despite the decoupling and similarities between the two assets, this comparison exists and cannot be denied. Compared to the absurdity, the comparison is like a goal. They make Bitcoin mainstream and drive adoption. In fact, one could say that the entire narrative of "digital gold" is to drive adoption in the real world. These comparisons do not require skyrocketing prices, so what is the value-added logic of traders following these narratives at different stages of the market cycle? In fact, the gold trend in the 1970s has been widely popular in the media, and it can be regarded as an ideal benchmark for the rebound of Bitcoin prices, or another practical target.



https://blockcast.cc/news/bitcoin-vs-gold-stability-and-adoption-rate-are-key-elements-of-comparison/

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..BUY/ SELL CRYPTO..
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September 25, 2021, 08:06:20 AM
Last edit: September 26, 2021, 07:24:08 AM by LoyceV
 #2386

It's always nice when a bounty spammer buys Merit and instantly highlights his plagiarism. Please ban Jr. Member warhawk200 Banned! for this:

Copy:
With the popularity of Bitcoin and other cryptocurrencies rising, governments across the world are increasingly taking a closer look at these virtual currencies. Because these currencies exist outside the purview of central banks or government bodies, they fear that they will have no control over the money flow in the country.

Original (although it seems there are older sources too):
indiatoday.in (before text spinning):
Quote
As the popularity of Bitcoin and other crypto currencies rise, governments across the world are increasingly taking a closer look at these virtual currencies. Because these currencies exist outside the purview of central banks or government bodies, they are increasingly facing scrutiny from regulators.

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....PLAY NOW....
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September 25, 2021, 09:04:33 AM
Merited by JayJuanGee (1), Stalker22 (1)
 #2387


Plagiarism
User: Kinghunter0071
Post link: https://bitcointalk.org/index.php?topic=5360924.msg58011922#msg58011922
(archive)

There is a big difference between hacking BITCOIN and stealing BITCOIN. One need to understand that BITCOIN can not be hacked however it can be stolen from your exchange wallet, your cloud bases wallet or any other source where the internet can reach. If you want to save your BITCOIN you can store them in hardware wallets like trezzor or ledger s. So BITCOIN can not be hacked, it can be stolen and transferred from your wallet to the hacker's wallet.



https://www.quora.com/How-can-Bitcoin-be-hacked-How-could-a-malicious-entity-either-hack-the-Bitcoin-network-by-stealing-BTCs-or-shock-it-to-death-triggering-panic-and-drops-in-BTC-value


Post link: https://bitcointalk.org/index.php?topic=5361643.msg58011848#msg58011848
(archive)

According to The Forbes Billionaires List, The United Arab Emirates have 5 billionaires, while Norway has 13. Considering that the UAE has a slightly larger population than Norway (perhaps much larger if you count the number of foreign workers with no papers), it means Norway has a much higher concentration of billionaires.
Our rich people are just a bit… harder to notice.



https://www.quora.com/Why-dont-we-see-that-many-rich-people-in-Norway-like-in-Dubai-even-though-they-have-so-much-oil

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..BUY/ SELL CRYPTO..
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September 26, 2021, 07:17:32 AM
 #2388

Plagiarism
User: Samthehero
Post link: https://bitcointalk.org/index.php?action=profile;u=1027969
(archive)

Even though the post contains quotation marks that say that the text is not the source, the post itself was copied from two sites, and there are no sources for these sites.


China declares all crypto-related transactions illegal and forbids overseas exchanges from serving its citizens.

The PBOC said all crypto-related transactions are not allowed under the law.
Activities considered illegal cover a range of operations, such as buying and selling virtual assets as a central counterparty, and providing intermediary or pricing services for crypto transactions. It also includes token issuance financing, crypto derivatives transactions, and other activities suspected of illegal sale of tokens.

"Those who carry out related illegal financial activities that constitute a crime shall be investigated for criminal responsibility in accordance with the law,"

China's market regulators and the Ministry of Public Security said cryptocurrency is "disrupting the economic and financial order, breeding illegal and criminal activities such as gambling, illegal fund-raising, fraud, pyramid schemes, and money laundering, and seriously endangering the safety of people's property."

How will this impact Bitcoin and other cryptoprojects?? What do you think guys?




https://markets.businessinsider.com/news/currencies/china-crypto-bans-cryptocurrency-transactions-forbids-foreign-exchanges-service-citizens-2021-9


https://www.dw.com/en/china-central-bank-declares-all-cryptocurrency-transactions-illegal/a-59295079

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September 26, 2021, 09:34:04 AM
Merited by JayJuanGee (1)
 #2389

User : wiraningsun

Copy :

Both Core and Bitcoin itself are probably still experimental.


We barely have it as a legal tender and proper regulations anywhere in the world.


There is a very small number of countries trying to help, but from here to mass adoption and to the real test (worldwide real usage, not just crypto fans) is a long way to go.


I think only mass adoption would make it non-experimental.


Source :

Both Core and Bitcoin itself are probably still experimental. We barely have it as a legal tender and proper regulations anywhere in the world. There is a very small number of countries trying to help, but from here to mass adoption and to the real test (worldwide real usage, not just crypto fans) is a long way to go. I think only mass adoption would make it non-experimental.

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September 27, 2021, 05:17:29 AM
Merited by Ratimov (1)
 #2390

Plagiarism
User: Wendy Simth
Post link: https://bitcointalk.org/index.php?topic=5355727.msg57748353#msg57748353
(archive)

According to the classic classification of economics, the economic cycle roughly includes the Kitchin cycle, the Jugra cycle, the Kuznets cycle and the Kondratiev cycle.
In theory, there are only three opportunities that a person can get in his life. If you don't catch every opportunity, you will definitely lose the wealth of your life. If you seize one of these opportunities, you can be at least a middle class.
The meaning of this sentence is: The accumulation of personal wealth is entirely derived from the opportunities given by the time of the economic cycle. It just depends on whether you can seize it.
If this cycle is missed, just wait for the next opportunity.




https://blog.titanwolf.in/a?ID=01700-daa74b3a-f2ec-4af5-93fd-d18d70018adc

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September 27, 2021, 10:18:30 AM
Last edit: September 28, 2021, 11:15:48 AM by LoyceV
 #2391

Please Nuke user Pantrading2021 Nuked! for plagiarism. They made 2 posts, both copied from the first post of the topic they posted in.
Mods: It looks like they spam to promote the website and "Location" in their profile. Any chance those can be wiped?

Copy:
As of right now, the "V2" does not have support for other languages. This is planned for the future.

Original:
- As of right now, the "V2" does not have support for other languages. This is planned for the future.

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September 27, 2021, 11:59:52 AM
Merited by ETFbitcoin (1)
 #2392


he did every where.

Copy


- Menyimpan aset pada exchange wallet.
- Kehilangan akses wallet (beserta private key-nya). Lupa password, lupa tidak melakukan backup seed/privkey, file back-up hilang..
- Generate address/private key dari sumber paper wallet yang tidak kredibel
- Proteksi pada device yang digunakan lemah


Original


- Menyimpan aset pada exchange wallet.
- Kehilangan akses wallet (beserta private key-nya). Lupa password, lupa tidak melakukan backup seed/privkey, file back-up hilang
- Generate address/private key dari sumber paper wallet yang tidak kredibel
- Proteksi pada device yang digunakan lemah

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September 28, 2021, 09:25:55 AM
 #2393

Plagiarism
User: SoeNan89
Post link: https://bitcointalk.org/index.php?topic=5352768.msg57994805#msg57994805
(archive)

China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions.
China's President Xi Jinping has even warned investors not to trade cryptocurrencies that the government considers speculative.
Chinese authorities say the use of crypto money seriously violates the security of people's property. In fact, disrupt the normal economic and financial order.



https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/


https://www.world-today-news.com/bitcoin-cs-lovers-crypto-bad-news-again-from-xi-jinping/


El Salvador became the first country to legalize the use of Bitcoin. Because the majority of local authorities approve the Bitcoin law.
President Nayib Bukulele announced the decision on his Twitter account. The congressmen who agreed reached 62 out of 84 voters, he called it a super majority,
Previously, Bukulele submitted Bitcoin laws to state congresses to vote for. The rule aims to make Bitcoin a legal payment.

 A number of transactions are set to be used by Bitcoin.  For example prices can be displayed in Bitcoin, as well as tax contributions can be paid with the digital currency.

 Bitcoin is known as a currency whose value can change wildly.  Many criticize and say it is not suitable to be an effective currency.
https://loyce.club/archive/posts/5799/57994312.html


https://www.newsy-today.com/crypto-rebound-bitcoin-leads-heres-the-complete-price-list/

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September 28, 2021, 12:02:56 PM
Last edit: May 14, 2023, 03:09:11 PM by NeuroticFish
 #2394

Some sort of Plagiarism
User: Fish investment share.
Post link: https://bitcointalk.org/index.php?topic=5362860.0
(archive)
Source: https://min.news/en/economy/4bff7c43699d55adb17d181d89da189a.html

While the analysis/numbers may be different, the ending part - which caught my attention for being unfinished - is basically copy/paste.

Please check the part I've underlined:

BTC contract analysis: Yesterday, BTC fell as expected. Although it deviated from the entry position, yesterday’s decline was a good start. Because in yesterday’s analysis, we also mentioned the overall direction of thinking this week, although the price did not break the bottom. We will also touch the area near the previous lows of 41000-40000. In the weak market, double-bottom or triple-bottom support is not considered. On the contrary, the number of asking prices is more likely to form a bottom break. Only when the price sideways cycle is too long, we will To consider the possibility that the material will be reversed, or to reverse the opening position of the previous period.

In terms of intra-day BTC short-term trading, the overall price went up and down yesterday, and the daily line closed with an inverted hammer, which means that it must be suppressed at present, and today's operation is simple. Short-term trading is the main strategy. Let's just talk about the trading position of the intraday BTC contract:

1: The 382 position that fell yesterday is in the 42900-43000 area;

2: The apex of the hourly large Yinxian line is near the 43200 area;

So this is the position of reference layout today, BTC contract operation strategy: reverse draw 42900-43000 area directly empty, limit 43300 area, target 41700, 41200 area!

Time has passed, what has been seen is the market, what has been tasted is the profit and loss, what is aftertaste is the gains and losses, what is accumulated is the experience, what is achieved is the realm, the bitterness and the sweetness and emotions are full of emotions, indifferent, no contention with the city. Market trends are ever-changing. Only by advancing with the times and following the trend can we gain a foothold. A single flower can't support a beautiful spring, and the same

Source:

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September 30, 2021, 06:37:24 AM
Merited by lovesmayfamilis (1)
 #2395

Plagiarism
User: Scott104
Post link: https://bitcointalk.org/index.php?topic=5363147.0
archive from ninjastic space: https://ninjastic.space/search?author=Scott104&board=1

Plagiarised post

In Bitcoin trading, many factors are responsible for affecting the Bitcoin price value. All the investors must analyze all of the factors before making transactions involving Bitcoin currency.

Adoption of users: One such factor affecting the price of Bitcoin value is the adoption of users upon the assets. With the rising currency popularity, it can lead to striking the prices above the prevailing price

Future analysis: No doubt, it can be easily stated that cryptocurrency future prevails to be uncertain in the market. Even after seeing the uncertain nature of cryptocurrency, there are chances of Bitcoin trading to extend more among investors. The industry of Bitcoin is growing with the wide usage of such currency. It is not possible to make any predictions about the cryptocurrency prices.

Regulations related to cryptocurrency: In the price affecting the list of factors related to Bitcoin, one such factor is regulations.

Bitcoin market cap: In the ever-changing scenario, the market cap is also a factor that can affect the currency price.


I just share some of my thoughts please comments what is your thoughts?

Original content/article from https://www.europeanbusinessreview.com/top-4-factors-influencing-bitcoin-price-value/
1

2

3


@lovemayfamilis I hope it's fine for me to use the same format as you do when reporting plagiarism.

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September 30, 2021, 08:23:19 AM
 #2396

It's insane for someone to create an account only to plagiarize on their first post; it demonstrates how lazy and risky such a person is to the community. I hope he/she is nuked, because merit fishing has gotten them into a lot of trouble lately. It's easy to fake a lifestyle, but it's much more difficult to fake knowledge; what you don't know will always be a mystery.

Quote
@lovemayfamilis I hope it's fine for me to use the same format as you do when reporting plagiarism.
Her format gives Mod more clear picture and I don't think she would have any problem with that. Nice one @acroman08

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September 30, 2021, 01:01:16 PM
 #2397

Plagiarism
User: badut829
Post link: https://bitcointalk.org/index.php?topic=5361438.0
Archive: https://ninjastic.space/search?author=badut829&board=85

Cut out and rephrased from the same thread it was posted  Cheesy

Copy:

Excellent work.  Cool

In terms of what you're lacking, it appears that you have a basic setup, which is OK...

People who pay in BTC get a little discount on the site I helped set up; this was a no-brainer because other payment alternatives have a large charge and run the risk of clients cheating the owner by requesting a refund... In a physical shop, you also risk consumers double-spending (by paying you, then leaving before their transaction is verified, and then creating a new transaction using the same unspent outputs as an input... I guess you could think of those individuals as techy shoplifters, which you presumably already have to deal with.)

Original:

Great work, spreading the acceptance of BTC  Grin

As for what you're missing: it sounds like you have a basic setup, which is defenately ok...

The site i helped setup gives a small discount to people that pay in BTC, this was a no-brainer since other payment options have quite a hefty fee and carry the risk of clients scamming the owner by asking for a refund... Offcoure, in a physical store, you run the risk of customers double spending (by paying you, then leaving before their tx is confirmed, and then proceed to create a new tx using the same unspent outputs as an input... I guess you could see those people as techy shoplifters, the sort of people you probably have to deal with already), unless you wait for a confirmation.

An other thing you *might* consider is accepting one or two of the major altcoins (like ETH and LTC), that way people have a way of picking the coin they want for sending an on-chain payment (especially usefull if the fees go up in the future due to a bidding war or something).

.Sinbad.io.MIXER.
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September 30, 2021, 01:22:22 PM
 #2398

It's insane for someone to create an account only to plagiarize on their first post;

I wonder if they are bots?

...
Cut out and rephrased from the same thread it was posted  Cheesy

Copy:

...

It is also badut829's first post. You see a lot like that lately. There are previous cases in this same thread with a lot of copied and rephrased posts. If a user's entire post history is in that style, I'm inclined to think it's a bot.

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September 30, 2021, 01:29:07 PM
Merited by Ratimov (1)
 #2399

Plagiarism
User: ConnerDalfino
Post link:https://bitcointalk.org/index.php?topic=5328734.msg56721296#msg56721296
(archive)

The Sacramento Kings are set to become the first major sports franchise to offer a bitcoin payment option to all players and staff, team chairman Vivek Ranadivé said on Clubhouse on Monday. The NBA franchise has long been one of the most crypto-forward teams in professional sports. The team began selling everything from tickets to hot dogs for bitcoin in 2014.

NBA salary cap is $109m per team x 30 teams = $3.2 billion.

Per year. Imagine if the whole league went that route. Meanwhile, the NFL and the MLB are both $6.3 billion per year each. If these leagues exclusively paid their players in bitcoin that would be $15.8 billion a year in salary. Bullish.

Your thoughts?





https://www.reddit.com/r/Bitcoin/comments/ml17cq/sacramento_kings_to_offer_bitcoin_salary_option/

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September 30, 2021, 02:45:33 PM
 #2400

Plagiarism
User: ConnerDalfino
Post link:https://bitcointalk.org/index.php?topic=5328734.msg56721296#msg56721296
(archive)

Case No:2
If Bitcoin was created during the recession with a goal to help combat wealth inequality, how is it actually going to do that?

The way I understand it, over 18 of the total 21 million coins have already been mined in its eleven years of existence. I read somewhere that only 1.5% of the global population owns Bitcoin. I'm guessing the majority of that 18 million are owned by "whales" who, at this stage, could basically hold forever.

So how do people expect this to playout for the next 50 years? Or even the next 5-20 years? The whales will likely still be holding, while that 1.5% world population of people buying Bitcoin expands to maybe 5% or 10%, and the vast majority will only ever be able to afford fractions and their savings will never amount to a single full Bitcoin.

I'm not factoring in the unknown amount that will be lost over time. Crashed computers, lost passwords, and people will die unexpectedly without a plan for who takes over their wallets when they're dead. So that 21 million will never actually reach 21 million because so many will have been lost by the time our children's children's children finish mining. All of those generations of children will be living in Bitcoin poverty because of the scarcity, unless they're one of the lucky descendants of original whales... which brings us back to the same wealth gap issues we have today.



Copied from here: https://www.reddit.com/r/BitcoinBeginners/comments/m61jpl/if_bitcoin_was_created_during_the_recession_with/

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