In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Sports betting can be big business in the United States; The New York Times estimated the value of illegal sport wagers in the USA at $150 billion a year. The potential market for such betting is huge; there were 57.4 million fantasy-sports players in North America in 2016, according to an Ipsos Public Affairs poll commissioned by the Fantasy Sports Trade Association.
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Anybody can supposedly bet legally on video games by using Unikoin, Unikrn’s virtual token. Gamers in Australia and the United Kingdom can bet real money on virtual play and combat, Unikrn’s website revealed.
To add icing to the cake, Unikrn received a gaming license in the Republic of Malta in October 2017, Coinbase reported. That might give Unikrn the ability to take bets in Euros from a large number of European nations, because Malta is a member of the European Union (EU).
If these reports are true Unikrn would be the first Initial Cryptocurrency Offering (ICO) that Cuban will invest in. Cuban has been highly critical of the most popular digital currency bitcoin in the past denouncing it as a bubble. The recent growth in cryptocurrency values in recent months might have changed his mind.
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All this shows us that America may now face an unemployment crisis as great as that during the Great Depression. The difference is that little is being done about it except proposals for new tariffs and infrastructure.
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Trump is simply the latest in a long line of people who sought to leverage fame into political power. He will not be the last, and his career might mark the beginning of a new age of fame and politics.
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That means instead of becoming a cash cow, Netflix might find itself in a desperate struggle for survival in the next few years. Instead of a dominant player, it will find itself a niche content provider struggling to compete with giants with far greater resources.
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