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Betting on politics using bitcoin

Is anybody aware of a site that would allow bets on the presidential election (who is going to be the next US president) and supports BTC denominated bets?
I know there were some (now defunct/exit scammed) sites that offered that but so far I don't see any alternative right now.
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Are there any anonymous bitcoin betting sites that let you bet on political races?

submitted by reddbullish to Bitcoin [link] [comments]

@nytimes: Stephen Bannon is betting that Bitcoin and other cryptocurrencies can disrupt banking the way President Trump disrupted American politics https://t.co/MZSLLls7ge

@nytimes: Stephen Bannon is betting that Bitcoin and other cryptocurrencies can disrupt banking the way President Trump disrupted American politics https://t.co/MZSLLls7ge submitted by -en- to newsbotbot [link] [comments]

Bitcoin Betting Platform-No Registration-No ads- Sports Betting, Dice, Slots, Bitcoin Price, Politics, Stock Market, Elections. You can bet on just about anything here!

submitted by AtittiesmcgeeA to BitcoinGambling [link] [comments]

Bet on whether Bitcoin will rise or fall during the next hour and other Crypto's. Sports, Slots, Dice and even Political Elections can be bet on here!

submitted by livininadream to BitcoinGambling [link] [comments]

Bitcoin Betting Platform-No Registration-No ads- Sports Betting, Dice, Slots, Bitcoin Price, Politics, Stock Market, Elections. You can bet on just about anything here!

submitted by adminTR to BitcoinGambling [link] [comments]

Bitcoin Betting Platform-No Registration-No ads- Sports Betting, Dice, Slots, Bitcoin Price, Politics, Stock Market, Elections. You can bet on just about anything here!

submitted by livininadream to BitcoinGambling [link] [comments]

What is the best betting site (sports, entertainment, politics, etc) that uses Bitcoin?

I wish I would have placed a couple of small Super Bowl bets , and would be fun to maybe bet on the Academy Awards coming up soon. What is a fairly reliable and stable betting site that accepts BTC? I want something that's been around for awhile and where you can easily withdraw your BTC as well. Thanks for any tips..
submitted by JamieStarrsAThief to Bitcoin [link] [comments]

Bet on sports, politics and entertaiment at the worlds biggest bitcoin sportsbook

submitted by BeepBeepImJeep to sportsbook_btc [link] [comments]

Bet on sports, politics and entertaiment at the worlds biggest bitcoin sportsbook

submitted by BeepBeepImJeep to btc_sportsbook [link] [comments]

Bet on sports, politics and entertainment at worlds biggest bitcoin spotsbook

submitted by BeepBeepImJeep to bitcoin_sportsbooks [link] [comments]

Bet on sports, politics and entertaiment at the worlds biggest bitcoin sportsbook

submitted by BeepBeepImJeep to bitcoin__sportsbooks [link] [comments]

Online gambling legislation and regulation. Starting your own gambling product.

Online gambling legislation and regulation. Starting your own gambling product.

Mobile gambling
If you plan to develop an app with the ability to deposit and withdraw real money, then such a product automatically falls into the category of gambling and you will need to license your business for successful operation.
Mobile and Web Based Apps
So let’s talk about the different kinds of online gambling apps available on web and mobile. We’ll be covering both free-play gaming apps and real money casino app games you can find for iOS, Android devices and web browsers.
Mobile gambling is more common for poker, casino, bingo, and skill games. They have advantages in terms of a low barrier to enter the market, instant liquidity, product knowledge, and marketing expertise, minimal infrastructure costs, and the ability to bring a brand to the market quickly. Consequently, this form of gambling does not sit neatly with jurisdictional boundaries. Multiple gambling opportunities are available, including betting on various events and markets, in a relatively simple format. Gambling products can also be integrated into betting on television shows or virtual racing and sports games as well as offering lotteries, bingo, poker and casino games.
Most Popular Gambling Apps
Sports betting, casino, poker and lotteries are the most popular forms of online gambling. However, other forms are available too. These include the following: Bingo, slot machines, different card games, roulette and other game of chance. One of the best things about online gambling and betting apps is the number of choices you have.

Sports Betting

Betting means making or accepting a bet on the outcome of a race, competition, or other event or process, the likelihood of anything occurring or not occurring, or whether anything is or is not true. Today most sports betting is done via mobile-friendly sites and apps.
Today most sports betting is done via mobile-friendly sites and apps.
The introduction of live betting for sports like soccer and tennis means that bettors who are sitting inside stadiums watching games can now pick up their mobile devices and find real-time betting value with the best sports gambling apps. This has really unlocked a door to the future of sports gambling and the popularity of online gambling apps.

Poker

Many sites offer free poker, where no real money is wagered, although in some cases players can accumulate credits that can be exchanged for prizes. This is the case why people are going to play for real money. There is an ongoing debate over whether poker should be classified as a game of chance or skill. The parameters of legal poker playing are still unclear and differ between jurisdictions. Since you are not gambling with money, I’m pretty sure under the law it’s just a video game for now.

Blackjack

Blackjack is the game of choice to many high-rollers and do you know why? Because blackjack is a challenging, logic and skill-based game where your thinking, strategy, and calculations determine the outcome of the game.

Bingo

Bingo is one of the most popular and socially accepted games in the world. Bingo is a traditional form of gambling that has seen considerable innovation in recent years. It is also the only form of gambling recognized in the Gambling Act that does not have a specific statutory definition, the Act providing simply that “bingo” means “any version of that game, irrespective of by what name it is described”. Bingo must be played as an equal chance game. For game to be classed as “bingo” it must meet the Act’s definition of “equal chance gaming” (as opposed to casino gaming). Thus, it: must not involve playing or staking against a bank, and must be a game in which the chances are equally favorable to all participants in the sense that each ticket or chance has the same probability of success as any other.
Licensed bingo is a well-regulated and socially responsible form of gambling that takes place in a safe environment. Many sites offer multiple forms of bingo with different features, types of games, and costs of play. These sites often cater specifically for women and some research suggests that they may appeal to markets who would not typically engage in traditional forms of gambling.

Slots

Slot machine is one of the most beloved game among the gambling community and it has been a part of the industry for a long time. They provide fun and entertainment and their simplicity allows gamers to start playing at once. This can play out in different ways depending on the machine you’re playing. For instance, there’s Pick a Fortune, a five-reel, 20 line game that puts players right in the studio of a television game show, including the potential to play a Deal or No Deal-style bonus round. A super trend over the past few years is mobile-friendly slot games. These apps and websites were developed to enable players to enjoy their favorite games on their smartphones at any time. Another dominant slot trend is licensed branded slots that are based on popular movies, television, and musicians.
Virtual Money vs Real Money
Let’s find out the difference between social gambling and real money gambling, as well as the differences between gambling through apps and gambling through a web browser. It can be quite confusing trawling through all the casinos, slots, and lotteries available, both through your mobile web browser as well as through mobile app stores, in the form of downloadable apps.

Virtual money

The main difference between virtual money and real money gambling is that the in-game virtual currency in social games and gambling-type games is used only like credits that are not paid out as winnings or anything given to player in cash, making these games exempt from gambling regulations.
Virtual money is loaded on user game accounts via in-app purchases in mobile applications or the game balance funding from a card via web based applications.

Real money gambling

Real money gambling via your mobile device is only allowed in countries where laws have been passed that allow for this type of gambling online, or there are no laws in place that prevent it. The payment systems are the legal way of services payment in the gambling app, performing as the intermediary between the gambling facility and the client. With their help, users replenish deposits and withdraw funds to personal accounts in financial institutions. If the application uses the payment system of a well-known brand, that gives players additional confidence in the resource. Nowadays, there is a wide range of payment systems, some of which operate all over the world, other systems are oriented towards the citizens of one or several countries. A number of services accept money of different world currencies, while others allow currency transactions of one state only.
What is an Online Gambling Licensing
The internet has a global audience, there’s no single piece of legislation that covers the legality of online gambling for the entire world. Mobile gambling doesn’t typically accept customers from every single country in the world. It often focuses on certain specific regions.
Instead, most countries have their own local laws that deal with the relevant legal and regulatory issues.
Ultimately, questions of legality all go back to the location of the casino or where the website operates out of. In closed regulatory systems, such as Italy, France, and the Netherlands, licenses, and advertising rights are limited to domestic providers, which must be located within their country’s geographical boundaries and these are only permitted to offer some types of products. Some jurisdictions, for example, Norway, Sweden, and Canada legalize and regulate online gambling, but this is limited to a single site that is owned by the government. Under such an approach, the government becomes the operator and regulator and all revenues are returned to the government.
Remote gambling is generally permitted. That means that an operator that is licensed may provide gambling services to citizens in the country via all forms of remote communication (and using equipment that may be located in the country or abroad). Equally, a remote operator may be licensed to offer gambling services to citizens in any jurisdiction in the world using equipment located in the country. The law provides that, for each type of gambling (betting, gaming, and participating in a lottery), there will be two forms of license available: remote and non-remote forms (land-based). If you provide facilities for remote gambling, online or through other means, and advertise to consumers you will need a license from the licensing jurisdictions or local licensing authorities. Before an online gambling site signs up its first customer, before it accepts its first bet before the first card is dealt, it must be licensed by a recognized governmental entity.
Certain regions in the world have specific legislation in place that allows them to license and regulate companies that operate online gambling sites or provide industry services (such as the supply of gaming software). These regions are referred to as online gambling jurisdictions or licensing jurisdictions.
Depending on what type of entertainment you are going to implement in your internet establishment, you will have to apply for the corresponding permissions. Online gambling laws in Europe vary from one country to the next. The industry is well regulated in some countries and less so in others. There are several online gambling jurisdictions located in Europe. Some of these are members of the European Union (EU), and thus subject to the various rules and regulations of that body, while others are independent. Each of these jurisdictions has an authority that’s responsible for approving gambling sites for licenses that enable them to offer their services legally. They also regulate their licensees.
Countries that Provide Gambling Licensing
Today there are lots of licensing jurisdictions located all over the world and offering different terms for their customers. Depending on the country, licenses can be local, international (distributed in several countries), have a different set of documents for registration, costs of registration and further support, various operating conditions and other special details.

Which gambling license is both internationally recognized?

The government of Ireland offers casino operators, software, and service providers in the gambling industry, with a gambling license that allows gambling operators to conduct business related to casino, lotto, and other gaming-related activities. Ireland Gambling License is one of the most popular license for online casinos worldwide. Ireland has long been recognized as one of the preferred locations for Online Gambling operators to base their operations. This success has been due to a combination of factors, such as a progressive legislative system, political stability, first-rate telecommunications facilities, and a well established financial services industry. A wide range of gambling sites operates out of Ireland including sports betting, casino sites, poker, bingo, and more.
In stark contrast, the UK is the largest regulated market for online gambling in the world, and corporations are already comfortable exploiting the intersections of gambling and gaming, betting in-play, social gaming, Bitcoin, financial trading and spread betting, betting exchanges, e-sports and, most profitably, mobile gambling. 40% and 60% of online gambling in the UK took place in Gibraltar.

International licensing

Europe is home to the following online gambling jurisdictions: Alderney, Gibraltar, Isle of Man, Malta. Malta is currently the country that is most accommodating to gambling companies, and the license offers whitelisted online gambling in sports and casino games in many European territories. But takes an extreme amount of time in paperwork and background checks. Also, you pay 5% of all your gross profit to the EU.
Among countries offering gambling licensing services, the attention should be paid to Curaçao jurisdiction, which is considered to be one of the most promising for the online gaming business.
Curaçao Internet Gaming Association (also known as Curaçao eGaming) is both a regulator and a licensor, and its licensing works worldwide except Curaçao itself, USA, France and Netherlands. Using Curacao as an example, let us examine in detail the process of obtaining a license, the necessary documents and expenses.
How to get a License on Curaçao
  • Documents necessary for company registration:
  • criminal record;
  • passport scans;
  • bank account confirmation;
  • documents proving payments for utility services.
After the company is registered, an operator can apply for the license providing the following documents:
  • a document certifying the right of domain possession;
  • description of games planned to be used in the project;
  • a list indicating countries of potential operation;
  • illustration of server locations to be used in the project;
  • a copy of the agreement with a software provider.
Gambling license cost:
  • Bank account opening $1000
  • Company registration $3600
  • Company management per year $3600
  • Application processing fee $1000
  • License fee per year $4800
  • Equipment/software fee starting from $1500
  • Server maintenance per year $6000
Apart from that pay for technical support and maintenance every year. The entire license issuing process takes between 2-4 weeks. Curacao Internet Gaming Association (CIGA) also has the power to review a license and, if it finds that an operator has breached a license condition, has the power to impose a range of sanctions including revocation of the license.
Apple and Google Gambling Rules
You’ll be surprised at the limited number of real money gambling app options available on the AppStore and Google Play Store. Most real money casino gaming is done through gambler’s mobile web browsers and not through mobile gambling apps that you’ll find for iPhone and Android phones. Apple allows online gambling applications in a few forms, and not just in places where it is explicitly permitted. They do not allow any payments through the applications – those have to be done on the websites. Apple has far stricter developer guidelines for iOS apps than Google does for Android apps, so it’s fine to assume that whatever you choose to download from iTunes is usually safe, secure, and meets a certain standard.
Any real money casino in the iTunes app is required to have proper licensing and permissions before Apple will approve the app for use or downloads. While Google Play is technically regulated, it is much more loose in what can be hosted.

Apple Store

Gambling, gaming, and lotteries can be tricky to manage and tend to be one of the most-regulated offerings on the App Store. Apple has rules for apps that support real money wagering, including sports betting and poker. Those apps and lotteries must have necessary licensing and permissions in the locations where the App is used, must be geo-restricted to those locations, and must be free on the App Store, and Apple rate even simulated gambling apps as appropriate only for users 17-years-old and up.

Play Store

Google keeps the reigns tight. To be able to successfully upload apps to the Google Play store, developers need to have a valid license for the specific countries they are targeting and comply with their regulations. The app must be free to download and must prevent under-age users from gambling in the app. As a final precaution, all gambling apps are required to display prominent information regarding responsible gambling practices. This brings its policy in line with the Apple App Store.
Countries where gambling is illegal
It is also important to remember that while gambling is growing rapidly in many places, in others it is totally or partially prohibited. As well as in the majority of the US, sports betting is illegal in India, Pakistan, and China, three of the largest gambling markets in the world. Most countries have rules against gambling. Almost all Islamic countries prohibit gambling of every kind, but many turn a blind eye to online gambling or simply do not have regulations in place for this grey area.
In the United Arab Emirates, however, any kind of gambling is prosecuted. National lotteries are the only legal forms of wagering on the Asian country’s mainland. Cambodia, North Korea strictly forbids online and offline gambling amongst its own citizens but allows tourists to participate in these activities.
Qatar is the strictest country of all when it comes to gambling laws. All forms of gambling activities are considered illegal, and even sports betting is not permissible.
Starting your own gambling product
Numerous online casino platforms in the market offer fantastic casino games like bingo, poker, roulette, and many more.
If you have an idea, but don’t know where to start, we advise you begin with a Minimal Viable Product (MVP) to pilot your proof of concept for investors. MVP spotlights your core features and lets your investors know there are bigger and better things to come.
For MVP you do not need a large team, just a few people are enough to create a fully functioning prototype. In the case of successful numbers of your prototype, the further development of a full-fledged product will require more team, resources and time, however you will be sure that your development and your costs will pay off.
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I've been searching for political bets via bitcoin specifically for "odds that Hillary collapses during next debate" or "odds that Hillary doesnt show up to next debate".. any help?

Can't seem to find anything more than just who will win, etc.
submitted by finitemaz to BitcoinGambling [link] [comments]

What is the best betting site (sports, entertainment, politics, etc) that uses Bitcoin? /r/Bitcoin

What is the best betting site (sports, entertainment, politics, etc) that uses Bitcoin? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bet on *ANYTHING* -- Bitcoin Betting Pools - Sports, TV, Politics, etc

Bet on *ANYTHING* -- Bitcoin Betting Pools - Sports, TV, Politics, etc submitted by 1337ingDisorder to Bitcoin [link] [comments]

Where can I post this to get the discussion about it that I’m aiming for? I’ve already been permanently banned from threads and this is only my 5th post ever. I just want thoughtful discussion on important topics.

Save yourself some time and don’t read this. You’ll never get it, unless you do. In which case I hope you enjoy and think about what I’ve said. You may not agree with it all but you can’t deny it all either. The problem is that I’m right. So am I saying I think the vast majority of the world is wrong and I am right? Yes. It’s not easy to be right when most everyone else is wrong. You’re constantly misunderstood or dismissed. No I haven’t lost it. I’m totally sane. Maybe the most sane I’ve ever been. That probably sounds crazy and maybe it is but if this is crazy I don’t ever want to be sane again.
It’s all of it. It’s not just black or white it’s gray. It’s a mix of the major competing ideas and a cherry picking of the best of those ideas. It’s the new ideas that keep up with our time. There-in lies the solution to our problems. Compromise and use the best parts of the major competing ideas not just one or the other. Think about healthcare. We need both a public and private option. We can’t have just one. We need both. A public option for the poor or disenfranchised and a private option for the wealthy and those who can afford to get private insurance. Wet markets and factory farming will be the death of us if we don’t outlaw that shit worldwide as soon as possible. Yes this means less meat in our diets. Look at the data. This is actually good for us. Take climate change. We can’t just stop using fossil fuels tomorrow. We need to phase them out while figuring out how much we can burn without negatively effecting our environment and then allowing the poorest countries to continue using fossil fuels in the interim while they grow their economies to prearranged milestones where they must phase in renewables. Take capitalism. Our society’s trade platform. It must be a mix of capitalism with restraints and restrictions strategically implemented to thwart the worst parts of greed, corruption and pollution. Along with a public option for healthcare and education. It’s socialism and capitalism meshed together. Republican or Democrat? We need a third option. The ruling party. The party that uses the best parts of both ideas and dumps the junk bunk bullshit that drags us down. The tie breaking vote cast in favor of either side, whenever it is they happen to have the better idea. This ruling class is called the Digerati. Not my term. They need to be the deciding voice of reason because they see the world for what it is. They are already silently leading the world. They are the Facebooks the Googles the Microsofts the Ubers the Teslas. I could go on. The Expedias the Amazons, you get the point. They have seen that digital technology trumps old analog technology in almost every industry. They have come in and dominated the old with the new. Taking voting for instance. We need to offer all viable options to increase voter turnout and opportunity. That means in-person, mail-in, Internet, and smartphone via blockchain. Putin will rule us all if we don’t band together against him. Hopefully I’m wrong there and his overreach will be the death of him, but that’s for time to tell. It’s not just religion or atheism and nothing in between. It’s spirituality. No not the traditional Christian soul “spirit” bullshit. Nothing supernatural in the standard sense. It’s the interconnectedness of everything down to a basic atomic level that binds all things. The problem also lies in our broken criminal justice system and the for-profit prisons that lobby to keep it that way. It’s the NRA and the gun lobby stopping us from having common sense gun law and closing the purchase and tracking loopholes. It’s the corrupt gang of thugs called the police who kill innocent people on the regular with seemingly no ramifications. It’s the irrational and crooked stock market putting this false face on the economy but we don’t have any other simple numbers to base the complexity of the economy on so we deal with it. We let these Wall Street crooks live in their ivory towers laughing at us. Selling us bits of 1’s and 0’s in the cloud somewhere that we never actually own. If we did they’d give us all our proportion of the profits equivalent to the shares we own. It happens but rarely. It’s just as bullshit as the concept of paper money backed by the Fed and nothing else. Even gold, what’s that worth anyway? Seems to me something is only worth its weight in what it can do or provide. Gold has its uses and therefore has value but it’s still an inflated illusion. Not that bitcoin isn’t based on a similar illusion but it’s far superior to paper money. More important than just bitcoin is the blockchain technology itself. This is going to change the way we do everything. All the big companies and leaders already know what’s coming. It’s going to change banking, voting, critical infrastructure security, contract law, stock trading, real estate, healthcare, supply chain management, music and entertainment property rights and IP etc etc etc. I could list 40-50 major industries that will be impacted in a huge way by blockchain. All technology is growing faster and faster. Exponentially so. So fast we can’t comprehend it. The growth of AI and the invention of bitcoin are changing the world so fast you can’t even see it. My point is it’s all going to change very fast. This country is not long for this world if we don’t make some massive changes, and I mean quickly. No more assholes like Trump ever can be elected to such high offices. Never let the stupid overtake the enlightened again because of technicalities. All these crooked politicians need to go to jail. For life. To set the example for all time. This bullshit will not be tolerated. The Constitution has failed us. Just look at the dysfunction in the Congress and Senate and now the White House. We’ve had some clowns in office before but nothing this extreme. China is going to overtake the USA in digital and cryptocurrency as they are embracing the technology far more. Bitcoin is coming for your wallets so you better get onboard or get left behind. New digital millionaires and billionaires are being minted daily. The world is becoming increasingly more dangerous every day. The poor and the left-out are growing in numbers and it’s only going to get worse. Those who can see, I mean truly SEE what’s going on, will rule the world. Those who don’t see it will be pushed further and further down out of the middle class and into poverty. This is going to create great disparities of wealth beyond anything the world has seen in quite some time. Think India’s caste system on steroids. So what can we do? We can embrace the future. We get as much bitcoin as we can get our hands on as soon as possible before only the elite have access to one whole bitcoin. Don’t pick up the scraps. Make your own way now. Don’t let the asshats rule the world. The Trumps the Putins the Bolsonaros and the Boris Johnsons of the world can’t be left in power. They are destroying everything we know and love. There are major political changes happening right now that will negatively impact all of our lives. They are the fault of McConnell, Trump, all the judges he’s appointed, and the entire Republican establishment. The Democrats are only marginally better. We need to throw out our failed institutions and start over with lessons learned. We need to actually make a real separation of Church and State. No more muddy water. No more bullshit child rape organizations like the Catholic Church allowed to claim tax free status and then take PPP Loans from our tax dollars. If they are a business that can receive PPP then they can be taxed like one. And why isn’t the Pope in jail. If I was the lead architect for covering up thousands of child rapes you can bet your ass there would be an international warrant for my arrest but instead he’s treated like a top celebrity and revered by some as next to “God”. There is a better way. Now is the time to move forward with plans to right the ship. Arguably there has never been a better more apropos time than now. This pandemic has pushed our country to the brink of failure. We also probably need to think about a backup plan. A plan to create a new country with those who understand what’s really happening. I’m not sure what exactly that looks like. Maybe we secede California or Texas from the union. Maybe we let Bezos buy an African country and pay all of its citizens handsomely to leave. Then from there we start a new world order. Yes, I said new world order. The term we’ve all been taught to fear our whole lives. What does the status quo have to be so scared of that it’s brainwashed us all to be scared at the mention of a new world order. That idea is obviously huge and has its own complications. I’m not talking about microchipping everyone either. I’m talking about real freedom. We’ve given up our liberty in pursuit of safety. We given up honest governance in place of partisan wins. I don’t pretend to know the ultimate answer to all things. Just the formula. There are multiple possibilities. I don’t think there is only one way to skin this cat. We can get to the same outcome via many routes as long as the mission is clear. Do what makes the most logical sense and will actually work verses what is politically expedient. Be the solution.
submitted by imenotu8 to deepdiscussions [link] [comments]

Bitcoin vs Gold

With central banks around the world debasing their currencies by printing money out of thin air, I have been giving increasingly more thought on converting my assets into hard money. The debate that rages on in my head is which is the superior hard money. Gold, the standard for hard money that has withstood the test of time over millennia, or Bitcoin, the world’s first decentralized cryptocurrency. Here are my thoughts.
Intrinsic Value
Gold is often toted as being superior to Bitcoin because gold, unlike Bitcoin, has intrinsic value as a commodity. That is, there is gold demand for purposes outside the functions of money. Gold is used in a variety of industries such as dentistry, electronic hardware, aerospace, jewelry, glass-making and more. This means that gold will have value whether or not gold is being used as money. Bitcoin, on the other hand, has no intrinsic value. If people do not accept Bitcoin’s monetary functions then it has no value.
However, if we accept Bitcoin as money, then the fact that it has no intrinsic value is a significant positive. A money founded on something of intrinsic value will always be subject to supply shocks. For example, imagine that demand for gold has been increasing steadily as the aerospace industry expands and gobbles up more gold. Then one day, our brilliant scientists come up with an alloy that renders the functions of gold in aerospace obsolete. The value of gold begins to drop rapidly as we no longer buy gold for aerospace and begin to melt down the existing gold components. The value of gold will always fluctuate based on the demand for its monetary and intrinsic properties. Bitcoin has the luxury of not being subject to intrinsic volatility.
In summary, I have some fear of people abandoning Bitcoin as money and as it has no intrinsic value, I could end up with nothing. However, the fact that it has no intrinsic value means that Bitcoin is resistant to supply shocks, making it a superior money with little chance of the demand dropping to zero.
Confiscation
To me, the threat of confiscation is a real one. The United States, Great Britain and Australia have all passed legislation in the past forbidding the ownership of gold. Citizens were required to exchange their gold for government paper. In the United States, failure to comply could have netted you a 10 year prison sentence.
Today private ownership of gold is allowed, but I am not positive this will remain the case. The political climate is becoming dangerous. The wealthy (and wealth creation itself) are increasingly demonized and cries for socialism and wealth distribution are growing ever louder. This coupled with an imminent economic collapse make ripe conditions to destroy wealth, through both inflation and confiscation.
Already I have concerns. If I convert my savings into gold and try to fly from China to the United States, will the government harass me or potentially even confiscate my gold holdings in the future? Even now, the US Customs and Border Protection state that I have to declare currency and monetary instruments in excess of $10,000, failure to do so may result in seizure. With Bitcoin I have no concern. No government can go through my bags and find Bitcoin to confiscate. As far as my understanding of Bitcoin goes, there is no, or very very little, risk of confiscation. Please correct me here if I am wrong.
Divisibility & Distribution
In terms of divisibility and ease of transfer, there is no debate that Bitcoin is infinitely superior. I am looking into making my first purchase of gold and damn is it a pain in the ass. If I wish to purchase it online at a place such as Schiff Gold, I would need a couple of months, at least, before I could hold my tiny gold bar. They suggest that I store any gold I purchase in their Singapore vault, but then I don’t feel like it is truly my gold and would have to pay storage fees. If I wish to purchase it here in China, I need to set up an appointment at a bank, and as much as I love China, I hate the idea of handing over my info to state run banks to make a gold purchase. Also I’m confined to purchasing units of 10g, 20g, 50g, 100g, 1kg. There is no easy way for me to purchase a value amount that is perfectly suitable for me.
All this being said, to me gold has one large advantage and that is its history and global distribution. Central banks around the world have massive gold reserves and it is common for everyday citizens to hold a little gold in wedding bands and other jewelry. Everybody knows and understands gold has value. It may be quite sometime before Bitcoin can achieve the same status. Already countries such as Russia and China have been increasing their gold reserves, undoubtedly preparing for an event where fiat money collapses and the world goes back to a hard money standard. Clearly the bet of these governments is a gold standard. And why not? It is what the world used for thousands of years and governments around the world already have large gold reserves.
At the end of the day, I still choose Bitcoin. I choose Bitcoin because I believe the power of the people will always be greater than the power of the government. Governments can try to maintain power by going back to a gold standard and confiscating the gold of citizens, but if people choose Bitcoin over gold, then it will not matter. Money and power will have become truly decentralized.
submitted by Cramson_Sconefield to Bitcoin [link] [comments]

Bitcoin fruadster wont leave me alone.

So this was a scam I had befallen back in 2018 and I had lost AUD 800 after I realized somewhere in the process that there was something really fishy with the investment. The Bitcoin mining sort.
The nature of the scam was that he promised 4 times ROI in just a few days (cryptocurrency so I didnt think too much on it) I only need to invest usd 500. Onto a blockchain account he opened for me. When I tried to withdraw the money I found my account been frozen in some way. Contact the guy. And he told me to put in another usd 1000. At that moment I tried to cut tie with him and politely telling him to shove my usd 500 up his ass but he didn't seem to get the message.
Then we bring it to this year.......
This Fruadster recently start WhatsApp Messaging me from multiple numbers ( few +1 (952), (506), etc) from this guy. I knew it was him because he talked the same (trying to sound legit yet dodging crucial questions) even among all the 16 numbers I had blocked.
Now he still claim his name was MJJ had to hide his fake name due to retarded reddit rules. (probably fake). I nearly had him as he sent me his photo ID. However, I was stupid in not knowing that upon reporting and blocking in WhatsApps also delete photos. There goes my chance that someone would able to run his face through some criminal database.
I know is really hard to report someone whom had multiple numbers, while I'm in another country and possibly a fake name. But help is appreciated.
Also, it is possible to block an entire country number? I Googled this but cannot find any thing that works. I really don't want to get a new number as that would cause lots of trouble for me. So blocking the entire country is my best bet. Who knows how many numbers does this MJJ guy have?
P.S.
He mentioned that he work for Antminer if that even such a thing.
submitted by jrtistcamer to Scams [link] [comments]

Where can I post this to get exposure and feedback? I’ve been banned from big threads already and this is my 4th post on Reddit ever. I just want to start the discussion.

Save yourself some time and don’t read this. You’ll never get it, unless you do. In which case I hope you enjoy and think about what I’ve said. You may not agree with it all but you can’t deny it all either. The problem is that I’m right. So am I saying I think the vast majority of the world is wrong and I am right? Yes. It’s not easy to be right when most everyone else is wrong. You’re constantly misunderstood or dismissed. No I haven’t lost it. I’m totally sane. Maybe the most sane I’ve ever been. That probably sounds crazy and maybe it is but if this is crazy I don’t ever want to be sane again.
It’s all of it. It’s not just black or white it’s gray. It’s a mix of the major competing ideas and a cherry picking of the best of those ideas. It’s the new ideas that keep up with our time. There-in lies the solution to our problems. Compromise and use the best parts of the major competing ideas not just one or the other. Think about healthcare. We need both a public and private option. We can’t have just one. We need both. A public option for the poor or disenfranchised and a private option for the wealthy and those who can afford to get private insurance. Wet markets and factory farming will be the death of us if we don’t outlaw that shit worldwide as soon as possible. Yes this means less meat in our diets. Look at the data. This is actually good for us. Take climate change. We can’t just stop using fossil fuels tomorrow. We need to phase them out while figuring out how much we can burn without negatively effecting our environment and then allowing the poorest countries to continue using fossil fuels in the interim while they grow their economies to prearranged milestones where they must phase in renewables. Take capitalism. Our society’s trade platform. It must be a mix of capitalism with restraints and restrictions strategically implemented to thwart the worst parts of greed, corruption and pollution. Along with a public option for healthcare and education. It’s socialism and capitalism meshed together. Republican or Democrat? We need a third option. The ruling party. The party that uses the best parts of both ideas and dumps the junk bunk bullshit that drags us down. The tie breaking vote cast in favor of either side, whenever it is they happen to have the better idea. This ruling class is called the Digerati. Not my term. They need to be the deciding voice of reason because they see the world for what it is. They are already silently leading the world. They are the Facebooks the Googles the Microsofts the Ubers the Teslas. I could go on. The Expedias the Amazons, you get the point. They have seen that digital technology trumps old analog technology in almost every industry. They have come in and dominated the old with the new. Taking voting for instance. We need to offer all viable options to increase voter turnout and opportunity. That means in-person, mail-in, Internet, and smartphone via blockchain. Putin will rule us all if we don’t band together against him. Hopefully I’m wrong there and his overreach will be the death of him, but that’s for time to tell. It’s not just religion or atheism and nothing in between. It’s spirituality. No not the traditional Christian soul “spirit” bullshit. Nothing supernatural in the standard sense. It’s the interconnectedness of everything down to a basic atomic level that binds all things. The problem also lies in our broken criminal justice system and the for-profit prisons that lobby to keep it that way. It’s the NRA and the gun lobby stopping us from having common sense gun law and closing the purchase and tracking loopholes. It’s the corrupt gang of thugs called the police who kill innocent people on the regular with seemingly no ramifications. It’s the irrational and crooked stock market putting this false face on the economy but we don’t have any other simple numbers to base the complexity of the economy on so we deal with it. We let these Wall Street crooks live in their ivory towers laughing at us. Selling us bits of 1’s and 0’s in the cloud somewhere that we never actually own. If we did they’d give us all our proportion of the profits equivalent to the shares we own. It happens but rarely. It’s just as bullshit as the concept of paper money backed by the Fed and nothing else. Even gold, what’s that worth anyway? Seems to me something is only worth its weight in what it can do or provide. Gold has its uses and therefore has value but it’s still an inflated illusion. Not that bitcoin isn’t based on a similar illusion but it’s far superior to paper money. More important than just bitcoin is the blockchain technology itself. This is going to change the way we do everything. All the big companies and leaders already know what’s coming. It’s going to change banking, voting, critical infrastructure security, contract law, stock trading, real estate, healthcare, supply chain management, music and entertainment property rights and IP etc etc etc. I could list 40-50 major industries that will be impacted in a huge way by blockchain. All technology is growing faster and faster. Exponentially so. So fast we can’t comprehend it. The growth of AI and the invention of bitcoin are changing the world so fast you can’t even see it. My point is it’s all going to change very fast. This country is not long for this world if we don’t make some massive changes, and I mean quickly. No more assholes like Trump ever can be elected to such high offices. Never let the stupid overtake the enlightened again because of technicalities. All these crooked politicians need to go to jail. For life. To set the example for all time. This bullshit will not be tolerated. The Constitution has failed us. Just look at the dysfunction in the Congress and Senate and now the White House. We’ve had some clowns in office before but nothing this extreme. China is going to overtake the USA in digital and cryptocurrency as they are embracing the technology far more. Bitcoin is coming for your wallets so you better get onboard or get left behind. New digital millionaires and billionaires are being minted daily. The world is becoming increasingly more dangerous every day. The poor and the left-out are growing in numbers and it’s only going to get worse. Those who can see, I mean truly SEE what’s going on, will rule the world. Those who don’t see it will be pushed further and further down out of the middle class and into poverty. This is going to create great disparities of wealth beyond anything the world has seen in quite some time. Think India’s caste system on steroids. So what can we do? We can embrace the future. We get as much bitcoin as we can get our hands on as soon as possible before only the elite have access to one whole bitcoin. Don’t pick up the scraps. Make your own way now. Don’t let the asshats rule the world. The Trumps the Putins the Bolsonaros and the Boris Johnsons of the world can’t be left in power. They are destroying everything we know and love. There are major political changes happening right now that will negatively impact all of our lives. They are the fault of McConnell, Trump, all the judges he’s appointed, and the entire Republican establishment. The Democrats are only marginally better. We need to throw out our failed institutions and start over with lessons learned. We need to actually make a real separation of Church and State. No more muddy water. No more bullshit child rape organizations like the Catholic Church allowed to claim tax free status and then take PPP Loans from our tax dollars. If they are a business that can receive PPP then they can be taxed like one. And why isn’t the Pope in jail. If I was the lead architect for covering up thousands of child rapes you can bet your ass there would be an international warrant for my arrest but instead he’s treated like a top celebrity and revered by some as next to “God”. There is a better way. Now is the time to move forward with plans to right the ship. Arguably there has never been a better more apropos time than now. This pandemic has pushed our country to the brink of failure. We also probably need to think about a backup plan. A plan to create a new country with those who understand what’s really happening. I’m not sure what exactly that looks like. Maybe we secede California or Texas from the union. Maybe we let Bezos buy an African country and pay all of its citizens handsomely to leave. Then from there we start a new world order. Yes, I said new world order. The term we’ve all been taught to fear our whole lives. What does the status quo have to be so scared of that it’s brainwashed us all to be scared at the mention of a new world order. That idea is obviously huge and has its own complications. I’m not talking about microchipping everyone either. I’m talking about real freedom. We’ve given up our liberty in pursuit of safety. We given up honest governance in place of partisan wins. I don’t pretend to know the ultimate answer to all things. Just the formula. There are multiple possibilities. I don’t think there is only one way to skin this cat. We can get to the same outcome via many routes as long as the mission is clear. Do what makes the most logical sense and will actually work verses what is politically expedient. Be the solution.
submitted by imenotu8 to DeepConversation [link] [comments]

Trump trading at 64c on FTX.com!

Hi everyone,
Over at ftx.com we recently launched markets on who will win the 2020 presidential election!
For example, https://ftx.com/trade/TRUMP. Each contract pays out $1 if Trump wins, and $0 if Trump loses. Right now it's trading at around 64c, compared to 53c on PredictIt, suggesting that there might be an arbitrage opportunity there.
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submitted by TorrentialDownpour10 to predictit [link] [comments]

Bitcoin at it's root is protection from suffering due to the poor decisions and actions of others. It correlates with the lack of faith in government to do the right things, and lack in faith in citizens to elect the right leaders.

Bitcoin's design around decentralization, mathematical scarcity, and self-sovereignty are all valuable in a world where theoretically centralization fails. It is leaderless and trustless, not because leadership is bad, or trust is bad - but because faith in these things can tend to fail or let us down - with terrible consequences.
It is not difficult to see the failure of leaders all around us. Politically, we see the Chinese Communist Party operating perhaps no much better than President Trump in the efforts against Coronavirus. We continue to see failure of the Federal Reserve economic policy, devastatingly destroying the value of the US dollar (and all other world currencies) over the decades. We continue to see failure in basic economic education, and a spread of socialism and an appeal to handouts - rather than rooting out the problem of inflation. We continue to see a lack of educated consumerism, continuing to buy goods manufactured in China with only regard to price, and total disregard to the poor working conditions and humanitarianism. It is hard to have faith in people around us.
In a world without Bitcoin, there is no way to shield yourself from these issues and people in a convenient manner. That is, you suffer from the stupidity of others. But Bitcoin allows you to secure value and money - which is critical to life in our modern world - against poor decision-making of others.
This is not to say, people should simply buy Bitcoin and let the world burn. But rather, perhaps while fighting the war against ignorance, be smart and protect oneself from all the collateral damage and unintended consequences of the foolish of which you have little to no real control.
Will Bitcoin succeed? Perhaps only as much as leadership fails, and the people's ability to elect very good leaders fails, and at least for me, that's a sure bet as any in today's day and age.
submitted by anon517 to Bitcoin [link] [comments]

Banking on Bitcoin Bitcoin Gambling Failed Lost 9 Million Satoshi Coin Flip Game  Bet using bitcoin Three Tips on using Bitcoin for Sportsbetting Bitcoin, Betting and Gambling How Digital Currency Works with The Oracle

The 2020 US Elections are heating up and in this space, we cover the political odds that are currently on offer across various top-notch, sports betting platforms. Trumps Re-election Revival Flops Betting on politics guide – How to win on political betting As we all know, the vast majority of bettors typically likes to wager either on sports or casino games. Apart from these traditional betting types, some other markets have recently emerged and are quickly gaining increased popularity. Types Of Political Bets. Spread Bets – Political spreads are wagers where one side of the bet is handicapped. This is important because otherwise, the presumed winner would garner too much action. A sportsbook’s goal is to balance the money on both sides of a spread and “take the middle” (aka the “vigorish” or “juice”). BetMoose is a global betting exchange where you earn money by predicting real life future events and outcomes. Use bitcoin to bet anonymously. Funding your new betting account using Bitcoin will get you a great welcome offer that you can use to make your Presidential election pick. Card deposits have 50% bonuses up to $250. However, if you use Bitcoin, you can claim as much as $750.

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Banking on Bitcoin

Bitcoin: Beyond The Bubble - Full Documentary - Duration: 35:01. 100thMonkeyChannel 1,589,129 views. 35:01. What the Elite DON'T Want You To Know - Robert Kiyosaki and Jeff Wang - Duration: 35 ... Bitcoin Webinar Part 2: How to Use Bitcoin for Sports Betting - Duration: 8:21. SBR Sports Picks 2,068 views. 8:21. This is a bitcoin for beginners video! We will discuss cryptocurrencies for beginners so you know the basics! Enjoy! * My Stock Market Investing Strategy link! Ron Paul, Former U.S. Congressman In conversation with Josh Richman, Political Reporter, Bay Area News Group The term "liberty" is so commonly used in our country that you might say it has become ... maunya bikin video dapat bitcoin instan, malah ludes 300 ribu. Ini gambling, jangan di tiru. Endingnya nyesel haaa. Jasa Editing Video: www.pangembara.ga.

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