We fully trust the service, the problem is that they cannot keep our data, such as compromised third parties or data exposed by irresponsible people, the custodian service should keep our documents but they do not know when this will happen.

In my opinion, trust them it should be, honestly because it's one of the ones in use today, and we still use the service, right? So about contrary to the principles of bitcoin sometimes this thing they never pay attention to.

Attacks become massive what needs to be fixed from them? For me there has to be a new way to protect customer privacy data and most of it is stored in those third parties that are becoming vulnerable now... I don't know what to say, but with a complete data leak it's a big loss.

I have no idea what really needs to change, companies now have to think harder to innovate, see other examples because they have been victims, other brands can now be targeted.

It has become a business tactic for many casinos. I don't want to say all of them, but I believe more than 80% of the casinos we have today will eventually ask you to complete KYC at some point. They use it as an excuse to justify why they are unwilling to pay out your winnings. Casinos often claim to be fair, but when it comes to paying players, most of them suddenly become hostile. They start asking for documents that could put your personal information at risk.

I don't like going through KYC, but with the way the world is becoming, many online services now require it. If you are going to ask me to complete KYC in the future, then there is no need to hide that requirement from the beginning. Just be honest about it.

LOL, that's what I thought at first of what he's pointing out. 

I won't worry about this because I'll let the experts fix the internet, that's the ISPs' job. And if there's no internet at that time, all of the businesses globally will be hit by that and a crisis will be declared. In short, if we have no access to those things that might be a forceful stop and allowing us to take a rest. Looking away from charts, wallets and explorers.

Prior to hardware wallets, how is everyone saving their Bitcoin then?

If we could answer that, they perhaps we can go back and traditional so really take control of everything?

I know that everything has single point-of-failure, but at least we can still minimize as relying to 3rd parties today.

Without having to go so far and without imagining a day of reckoning, I believe that it is necessary to take measures not only for occasional Internet blackouts, but also for electricity. A year ago the electricity went out for a whole day in Spain and there was practically panic, thank goodness that the electricity supply was restored to normal after a few hours.

both for those cases, in which transferring Bitcoins would be impossible, and for some other occasion in which the payment terminals have stopped working, the recommendation would be to have your money diversified and with cash alternatives always at hand. Even if it's residual, you never know when the system is going to stop working and you're going to have to make an urgent purchase.

You're correct. It's impossible to proceed with any USSD or SMS when there's a complete outage. The carrier depends on the network for that purpose, but the topic says something very different: OP was referring to "Internet outage", not cellular network outage. I don't even know where you got that from?

This was the question:

The topic got me lmao too 
I'm trying to imagine the level of panic if that happened globally all at once? Phone lines would max their broadbands due to calls from here and there.

That's right, and I think we've already discussed this once. If there is a global shutdown, then OP, you will be worried about other problems. But even though there have been cases in history where the government has intentionally turned off the Internet for the safety of their country, people have been patient, and then everything has been restored. There are a lot of wars going on in the world right now, and unfortunately, people have to live without the Internet from time to time, but we can at least try to change our lives by changing our place of residence, although of course this is a very difficult step.

Maybe he didn't intentionally mean the knowledge.  Because actually no one can take that and also internet disruption won't probably wipe out the knowledge of people about Bitcoin.

Also there's nothing to worry about if there's power outage, since as long as  the wallet they have used is reliable. For sure it will stay there, then they can also retrieve it back once internet is back in their locality.

If he want to transact offline, maybe he should search some information like this https://blog.upay.com/cryptocurrency-offline-transactions to learn on how to do it.

The average casino has a ToS "can request documents at any time" it's just that this is not often discussed by the casino itself, but rather they only market that this casino is not KYC on the grounds as long as the player is not suspected of his account by them, although this is in feel yourself.

Seems unfair, doesn't it? The casino will accept the deposit of some amount without any problems even if the account is problematic, but about the withdrawal of large amounts say is above $1000 they will filter out a little error in the player's activities funds can be immediately detained and asked for KYC.

If he's badly in need of money, I think that he would accept all those fights linked to him. But he decline and that means, he don't care about the money for now and he just want to enjoy his life.

Although his empire is slowly shrinking but Mayweather is not broke yet, so most probably he will decline this fight. Because Mayweather is avoiding risky opponents.

Also look at his past fights after he retires, he only pick those exhibition and decline those professional sanctions match.

People always messed up things just because of these imaginary theories about Bitcoin having enough negativity, which did not stop him from pursuing him in the long term. He always needs to understand it's just a currency or unit of exchange, nothing else. People faced too many problems during the use of fiat, but they never gave any accusation because it's just a tool or currency that is used and then faced consequences. The same applies to Bitcoin.

It's never given anything extra to anyone because giving back bitcoins to victims has never been easy because few things always work against this. People using exchanges or other platforms are never able to provide proof of their funds easily, and it's better to give back money to victims because they are facing problems in case they have nothing back.

Or much better, separate the items, this lane is for rich buyers, while the other lane intended for the unfortunate ones. That way, rich buyers will no longer be confused that you are offering higher prices for them with the same, exact item.

And for your business not to be abused, ask for ID's for those really poor ones, because there is high chances that even the rich, unknown people will also hide their real identity and pretend to be poor so they can avail the lesser prices on your store.

I would go even further: there are people who know their money is not being actually invested and it is being used to perpetuate a scam, but they don't care as long as they manage to get their money out on time, before the whole scam falls under its own weight.

That is also common here in Latin America, we have many people who purposely participate in Ponzis and pyramid schemes for the sake of getting enough money before everything goes south, rinse and repeat and they believe they can become millionaire by timing the fall of scams.

It is sad if you think about it, depend on scams in order to make money.

A business to help the poor is called a charity. You could argue that a business should seek to optimize the amount of money that it gets from each customer, but that is the most savage form of capitalism and would not even work in your favor as you accrued more wealth. Let's take a supermarket for example, they already cater to different price bands - they often have a "value" offering which is a cheaper but similar quality product to a middle or higher end tier of product. That is the correct way to approach things, clearly defined and letting the customer choose - rather than a manipulative sales person making up a price on the spot. This approach is not fair and it is definitely true it happens in much poorer countries, which stay poor because of reasons like this, it just makes day to day life even harder than it needs to be.

We have the same sentiment here, but in this case it's the greediness of the government that is prevailing. the debate now is over who will own the seized bitcoin, China where the crime was originally committed, or the UK where the bitcoin was seized, and the UK's claim is that the scammers used it for money laundering which under their law gives them the right to claim it. 

Correct that i just a announcement that they will do something but the problem is it wont pass through them it will go through your emails, social accounts, apps, which they have less control, the only thing they could do is post something like how to prevent from getting scam etc.,
As much as they want to the moment we have been victim, what they could do is record reports of something like a scam, unless they do a blocking thing which is to broad and scams are changing to evade the authority.

Thats basically true. If anyone that has a good cash flow from certain investment they dont mind anymore where those % coming from even its illegal or unhonest or informed way. Nevertheless their gonna concern whether its from casino gambling or whatever what not it from as long as their given some paycheck is good enough to be blindsided by these pyramid scheme.

I will definitely not bet for him on the pro scene. He always checks due to his lack of patience with shot preparation. My algorithm on Facebook just keeps showing together with Shane Acebar probably due to their popularity.

@Darker45 thanks bro for the quick recap. Where do you guys watch the match?

As a 30s already, it’s very hard for me to catch up interesting tournament aside from NBA. 

People who struggle most to realize value of Bitcoin is the middle-aged and the elderly especially the elderly. With people who are young, they are most adaptive in any nation, and in any era of human civilization history. It's basically how the young are from their physical body, mentality then mindset. They are young, ambitious, energetic, adaptive, and have a lot of time to fix mistakes. They are ready to learn, pay costs, and learn again until they find something great.

Fortunately with Bitcoin, it's not like costing them anything because if they choose Bitcoin for investment, they only have to spend money to buy bitcoin, and store their coins safely even in free open source non custodial wallets. No further cost for buying anything to store bitcoins, if they don't consider hardware wallets.

There is no cost of loss by mistake because Bitcoin investment is good, it's not a mistake.

Chua is the more familiar name as he is been touring billiard circuit for many years and he could be in the top 10 or top 15 in the world. But the 3 of them are could be playing underground or what @Darker45 said, money games as there are a lot of that kind of games here not televised but participated by known Filipino players.

So out of the 4 names, Chua I think will be the favorite to win the Philippines Open. One thing I don't like with Chua though is that he is somewhat arrogant as compare to Reyes or even Bustamante is that they are very humble even with they won a lot of tournaments in abroad.

Bustamante is the coach/mentor the Team Asia that recently lost to Team World.

Both MEXC and Bitget don't have registered US entity and they prohibit US users from registering, both also can't secure MiCA license which means they probably have low amount of EU customers, even if there is any. My guess is that, they actually aren't afraid losing western market neither, but they're afraid losing access to prominent stablecoins like USDT and USDC which could cripple their entire business.

I couldn't really care less about people who doubt that BTC has value, i mean, this is 2026 and not 2009. It should be obvious to anyone who can use a smart phone and can do the tiniest bit of research, that BTC has value and they'd not need a bank providing BTC-backed loans to reinforce that for them.
This particular BTC-backed loan offer we're talking about in this topic is for corporate entities only.

Yeah and I agree, this is a sign that the banks do see that bitcoin is now an acceptable asset that they can also profit with if someone only has bitcoin to collateral.

We might not choose this as an option if we ever in need of money as this gives up the whole custody of what we own to them.

But that's not the whole point of it, the main point is about them having the same service with bitcoin holders which they have probably laughed and denied several years ago.

It's not exactly bad for business, everyone business owners that wants to accept Bitcoin must have a strategy in mind for the Bitcoin.

1. They must understand the volatility part, if it's going to affect their business they can sell immediately they accept Bitcoin, don't ask why then they accept Bitcoin in the first place, a customer who's only option is to use Bitcoin to pay from a far away land is still a +1 customer.

2. Many businesses that accept Bitcoin don't just want to accept as payment but also turned their earnings into Bitcoin and hold for long term as far as their business keeps running, it's a extra reliability that their business can survive on better value of Bitcoin someday.

To me it's all about how familiar the business owner really is with Bitcoin..