If he didn't believe in Bitcoin, he probably wouldn't accept Bitcoin payments, or he might have felt sorry for the person who bought the pizza with Bitcoin because he didn't have cash. Beyond that, we'll never know how it all turned out, because logically, people accept payments using anything other than trust, probably because they feel sorry for the person. This story has become legendary, and even among those familiar with Bitcoin, almost everyone has heard it. Perhaps we should thank him for being the first person to embrace a direct Bitcoin trading system as at that time, Bitcoin was worthless and he was the only crazy person willing to accept Bitcoin payments.

Basic thing like not your key not your coin, some of them need to know the best wallet to use to hold their coin for long term, using exchange wallet to hold for your coins for long term is not safe for newbies because the owner of the exchange have right to have access to your coins if anything happen that will make the team to withdraw your coins from the exchange, Some of the users that survived here apple patience to become who they are today, which I know newbies can also do the same thing to over any challenge that may come their way, for your to recommend anyone to bitcoin make sure you have seen good results or you have benefited from bitcoin because some people need to see evidence from you before they will believe that you have the knowledge of bitcoin.

Some petty things like this can be of great excitement to the better part of every man that roams this earth.. How that really works for them, IDK.. but I'm curious about who has ever been so Lucky to pull the jackpot after several dozens of tries? You're right, the parlays are just suitable for them since they don't even care how much they lose at the end. For some, fun isn't trying to minimize your wager limit to go many more times (which would increase the possibility of an outcome).. They don't care about what you think-- Just a single game on a ticket, with say $800. So they don't have to wait for too many outcomes since they're only expecting one of all.

He doesn't want to take responsibility of his actions, it's normal for people to find an escape route from accepting the truth about themselves, maybe he was afraid of losing face so I would not start seeing him as irresponsible since I'm his superior even though I cleared him that it was not my intent, but he remained adamant and I had to let him be.

This is the point that my junior is refusing to admit, that he is being excessive and in denial so he is not prepared to take an inventory of himself and his financial life to see reasons to cut down on his gambling, maybe a bad financial condition is the only situation would force someone like him to be more diligent in handling his cashflow, that is if he would be willing to learn from his mistakes and not find yet another thing to blame.

It is not a $100,000 PC, I guess that's a typo error, in 10years to this time I would have more than the Bitcoin I spent right now, I still run few Bitcoin miners in my home and I also accept Bitcoin as means of payment still even while I am not been patronised all the time that a customer would want to pay me with Bitcoin, all my life is now about Bitcoin, no regrets using Bitcoin to buy a PC that I have so much wanted.

If I am still alive in 10 years to this time I bet I would have a lot more Bitcoin, it is only those who fail to plan that such thing would happen to, if the Pizza guy spent 10,000 BTC for pizza he choose to let go totally, if not why wouldn't he buy the 10,000 Bitcoin back after a month or two?  What happened to pizza guy happened because he doesn't believe in Bitcoin, not because he spent the Bitcoin, while you are spending you should be gathering back up again.

Let me explain this to you, I sold this Bitcoin for a PC at @100k, I can accumulate aggressively at @50k BTC. I am not Pizza Guy.

I agree.

We can do as many "capsules" like that as we want, but we would still want to use BTC as an alternative to using fiat, and this kind of perception cannot and shouldn't stop us from doing so.

10 MILLION Dollars per Bitcoin would be simply crazy.  While I would be happy about the price, it would say something very very bad about the Economy.

Fiat money loses value over time, while investment assets like gold, bitcoin or even stocks appreciate over time. So not only with bitcoin, if we sell gold, stocks to buy PC or pizza. 10 years later we’ll probably look back and feel the same kind of regret.

But that’s life, sometimes selling is necessary because the purpose of investing is to improve and serve life, not to hold on forever until death, while our current life is full of difficulties. Exchanging future value for present needs is a normal thing.

I will not condemn Brazilian laws; I have not studied their decisions in depth, but I know one thing. The paradox of our lives is that in trying to make our world better and safer, we have to take a lot of steps that look very bad and create a lot of inconvenience, including restrictions on freedoms. At the same time, criminals continue to “improve their skills,” innocent citizens continue to suffer, and governments continue to “tighten the screws” for the greater good, but in reality, the situation only gets worse. I see the reason for this in the fact that criminals never play by the rules or laws, while innocent citizens are often very law-abiding.

yeah all back in my wallet rejected 3 times. I am now trying a smaller amount but thats also under review. They say they review every new address so doesnt matter how large it seems. They take high withdraw fees so multiple transactions will cost a lot of money too if they even let me take out anything at all

Nobody was born as Bitcoin investor or even investor in other markets.

To become investors, people must learn about investment, the market, the possible assets they are considering for investment portfolio. Then they must have finance and use their discretionary income for investment portfolio, it's all time- and money-consuming.

Even people have good finance, have discretionary income for investment, the pathway with investment is long, requires a lot of time for gainig personal experience, to become a master in this market.

Fortunately, if people have good preparation from knowledge to finance, and have strong hands for holding bitcoins they bought, they can get profit even they just started as newbie investors. With time, they get more experience, and together with profit and success they have, they will understand this market more, become master investors without spending expensive cost for learning and practicing for loss. So investment is risky, but if you begin well, you can have good profit like senior investors.

Meanwhile, the socialist republic of brazil has launched three bizarre, poorly drafted resolutions that will practically kill national exchanges, as they will no longer be viable to use.

One example of the absurd regulations they want to impose on their citizens is reporting all withdrawals from self-custody wallets, requiring the user to identify the destination address (similar to AOPP).

With this, the brazilian government wants to keep all data centralized in its hands: name, identity, transactions, and other data. All it takes is for this data to leak and end up in the hands of criminals.

The pretext is the same as always: to combat money laundering and terrorism, but the real intention is to have absolute control and collect increasingly more taxes.

But how will they ensure compliance with these rules? Given that the user can report true data and then easily clear the KYC using privacy services?

The funny thing is that there's no way they can guarantee the law will be enforced, because naturally people will opt for more privacy; after all, that's what we use Bitcoin for.

I know its on their list of allowed countries on Ascendex and i had verified with my Canadian ID selecting Canada from their drop down menu and passed the verification fine.

How long do you think i should wait and are there any other steps to take?

Systemic malfunction cannot be corrected by individual discipline. I have seen people spend their money like it was their last, go without meals to afford them, work to death, and still be worse off since rent went up 40 percent and their pay went up 3 percent.

The "right mindset" framing bothers me because it places all the weight on personal responsibility and ignores the fact that responsibility requires agency. When you are facing a decision between bad and worse, then that is constrained optimization. A buyer who purchases an iphone in debt may be making the only decision that does not seem like utter failure. We are social animals; our obvious poverty has actual expenses in terms of employment, relationships, psyche.

What strikes me about your Bitcoin point, is you've identified that financial windfalls fail without foundation, but then blamed the person, rather than ask why they lack foundation. When one has been in survival mode over years, his/her relationship with money is distorted. The research on poverty is obvious: the scarcity alters the decision because it must. It is impossible to think long-term when short-term is always burning. Character develops under conditions that allow its development.

Cryptomus operates as a crypto payment gateway, which means the company is required to strictly follow KYC/AML procedures in line with the obligations set by its regulatory licenses.

At the same time, any user whose transaction or wallet has been flagged or temporarily blocked has the right to appeal this decision in accordance with applicable laws and regulatory procedures.

No, I won't agree with you regarding having a bank account to acquire Bitcoin. You just need a strong intention to acquire Bitcoin. I have a couple of friends; I give them Bitcoin and crypto. They pay me in cash, though I am not a reseller, but I can't manage it for them. They really don't make bank transactions or any other MFS services; that's called mobile banking. In my country even people in rural areas have mobile banking, so even if they want to buy Bitcoin, they don't need a bank account.

Based on the topic, rural area people even struggle to have bank accounts, so using Bitcoin would be quite hard for them. As I said above, having Bitcoin doesn't mean you should have a bank account, but the question is about how smart the people are there. Definitely only smart people could use Bitcoin who have a proper knowledge about internet and Bitcoin. Bitcoin won't fill the lack of a banking system. Because Bitcoin isn't legal tender there, and you can't purchase goods for daily needs with Bitcoin. So everything depends on the circumstances.

I like your analogy. Thanks man, this made it easier for me to understand. I just learned how to quote and I edited my previous post to reply to Darker45.

Good observation—Donaire isn't the clinching type and might opt to slug it out early, much like he did in his rematch with Inoue. I just hope he can land some of those lethal left hooks to keep Tsutsumi at bay. Otherwise, he could be in serious trouble against Tsutsumi's relentless pressure. Donaire showed clear signs of decline in his bout with Campos; had that fight gone the full twelve rounds, the outcome might have swung the other way. For this match, he needs to make an impact early—or better yet, score a knockout—because if it drags on, things could get rough for him.