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Weather Man

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It's not about protecting YOU


YOU buying lottery tickets is a straight forward well regulated transaction. You WILL get your tickets and you WILL get paid if you win.

There are many aspects of crypto you can't say that about. It is ironic that as BITCOIN moves on, only the big boys play on the totally protected level 1, the peons get to play elsewhere.
 

Weather Man

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Taxing unrealized capital gains will destroy the stock market. I doubt they will get that passed but you never know with all the corruption in DC and their attempts to actually destroy the USA intentionally. We might start seeing dead politicians if they go that far I would think.
I was in the not likely to get through camp until I realized the D's are literally trying to destroy TX with an immigrant flood, nothing is off the table for them.
 

quad

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YOU buying lottery tickets is a straight forward well regulated transaction. You WILL get your tickets and you WILL get paid if you win.

There are many aspects of crypto you can't say that about. It is ironic that as BITCOIN moves on, only the big boys play on the totally protected level 1, the peons get to play elsewhere.
But your chances of winning a lottery ticket is so small that you are almost guaranteed to lose it all. Only a select few supposedly win it. Would be hilarious if they were paid actors and that nobody really wins it. A few lottery winner also ended up dead I recall.

No, the government officials don't care about people or saving lives. They are cockroaches. But I return the favor. I don't care about them either. They can go **** themselves.
 

Weather Man

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But your chances of winning a lottery ticket is so small that you are almost guaranteed to lose it all. Only a select few supposedly win it. Would be hilarious if they were paid actors and that nobody really wins it. A few lottery winner also ended up dead I recall.

No, the government officials don't care about people or saving lives. They are cockroaches. But I return the favor. I don't care about them either. They can go **** themselves.

It isn't about winning or losing with the lottery, it is about the integrity of the process.
 

quad

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It isn't about winning or losing with the lottery, it is about the integrity of the process.
A major scandal recently rocked the Multi-State Lottery Association, resulting in jail time for a former security director who allegedly fixed an Iowa game to win the $16.5 million jackpot. Edward Tipton allegedly used his position to his advantage, installing undetectable, self-destructing software to rig the numbers in his favor. A further investigation revealed that Tipton reportedly might have done the same thing in four other states. He was found guilty of tampering with lottery equipment and sentenced to 10 years in prison. Tipton denied that he had purchased the ticket.

Despite catching Tipton (and the fact that his conviction had to do with computer-generated numbers, not physical numbers on balls like the Powerball has), not everything is rosy for those playing the lotto. Due to the fact that the choice of numbers rose from 59 to 69 options, the odds of winning are now even worse. That might not matter if you buy into any of these conspiracy theories, however.

Bustle has reached out to Powerball officials for comment on the legitimacy of the game.

 

Weather Man

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A major scandal recently rocked the Multi-State Lottery Association, resulting in jail time for a former security director who allegedly fixed an Iowa game to win the $16.5 million jackpot. Edward Tipton allegedly used his position to his advantage, installing undetectable, self-destructing software to rig the numbers in his favor. A further investigation revealed that Tipton reportedly might have done the same thing in four other states. He was found guilty of tampering with lottery equipment and sentenced to 10 years in prison. Tipton denied that he had purchased the ticket.

Despite catching Tipton (and the fact that his conviction had to do with computer-generated numbers, not physical numbers on balls like the Powerball has), not everything is rosy for those playing the lotto. Due to the fact that the choice of numbers rose from 59 to 69 options, the odds of winning are now even worse. That might not matter if you buy into any of these conspiracy theories, however.

Bustle has reached out to Powerball officials for comment on the legitimacy of the game.


The crooks are still out there, no doubt. McDonald's got taken for a ride a while back.
 

Rb0891

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YOU buying lottery tickets is a straight forward well regulated transaction. You WILL get your tickets and you WILL get paid if you win.

There are many aspects of crypto you can't say that about. It is ironic that as BITCOIN moves on, only the big boys play on the totally protected level 1, the peons get to play elsewhere.
Well except I know in Illinois a while back they were not paying because they didn't have the money. Lmao
 

CompOrange04GT

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Imagine if Weather man would have been this invested in Bit or Ethereum a year ago….

instead of being invested in its failure.

I’ve legit never seen someone so invested in something they won’t invest in
 

Weather Man

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Imagine if Weather man would have been this invested in Bit or Ethereum a year ago….

instead of being invested in its failure.

I’ve legit never seen someone so invested in something they won’t invest in

You mean like the guys who bought on 15April21 ?


SEC's Gary Gensler likens stablecoins to poker chips at Wild West casinos: WSJ



  • Securities and Exchange Commission Chair Gary Gensler, who previously taught a class on cryptocurrency at the Massachusetts Institute of Technology, doesn't see much long-term viability for "five or six thousand private forms of money," the Wall Street Journal reports, he said in a virtual event at the Washington Post.
  • "In the meantime I think it's worthwhile to have an investor-protection regime placed around this," Gensler added.
  • He relates the thousands of cryptos in existence with the wildcat banking era that took place in the U.S. from 1837 until 1863. Without federal bank regulations at the time, banks issued their own currencies.
  • Speaking of crypto, Bitcoin ((BTC-USD -4.6%)) slides to $41.8K on Tuesday, marking an intraday low at $40K.
  • He also takes aim at stablecoins like Tether (USDT-USD) and USD Coin (USDC-USD), which are pegged at a one-to-one ratio to the dollar and are claimed to be backed by high quality assets.
  • "We've got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables," Gensler said.
  • Previously, (Sept. 13) SEC's Gary Gensler says crypto is 'rife with fraud, scams, and abuse'.
  • In early August, Gensler also said crypto is a speculative asset class that needs more regulation.
 

KilledbyKenne

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You mean like the guys who bought on 15April21 ?

SEC's Gary Gensler likens stablecoins to poker chips at Wild West casinos: WSJ


  • Securities and Exchange Commission Chair Gary Gensler, who previously taught a class on cryptocurrency at the Massachusetts Institute of Technology, doesn't see much long-term viability for "five or six thousand private forms of money," the Wall Street Journal reports, he said in a virtual event at the Washington Post.
  • "In the meantime I think it's worthwhile to have an investor-protection regime placed around this," Gensler added.
  • He relates the thousands of cryptos in existence with the wildcat banking era that took place in the U.S. from 1837 until 1863. Without federal bank regulations at the time, banks issued their own currencies.
  • Speaking of crypto, Bitcoin ((BTC-USD -4.6%)) slides to $41.8K on Tuesday, marking an intraday low at $40K.
  • He also takes aim at stablecoins like Tether (USDT-USD) and USD Coin (USDC-USD), which are pegged at a one-to-one ratio to the dollar and are claimed to be backed by high quality assets.
  • "We've got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables," Gensler said.
  • Previously, (Sept. 13) SEC's Gary Gensler says crypto is 'rife with fraud, scams, and abuse'.
  • In early August, Gensler also said crypto is a speculative asset class that needs more regulation.
In case you weren't aware, 5mos /= 1 year.

Also, can you imagine those poor saps that bought BTC at the top of the last cycle on Dec. 18, 2017? Those unlucky SOB's never got their money back...




...err wait..
 

CompOrange04GT

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“ imagine a year ago”

so you post something from 4 months ago…my god.. how obtuse can you be?

I legit said a YEAR… and you post someting from this April? Honestly I can’t decide if it’s more hilarious or pitiful .. the fact that you are SO obsessed with failure
 

CompOrange04GT

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If you invested into Ethereum ONE year ago ( NOT 4 months )

you’d be up 681%

285% on Bitcoin

226% on Lite.
 

CompOrange04GT

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But hey youre into long term right?

5 years ago

22000% on Eth
3600 on lite
6700 on bit

BUT GUYS ITS FAKE
 

CompOrange04GT

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“ you’re stupid “

“ but when you said a year…. I posted something from April to prove a nonexistent point “
 

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