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I appreciate Binance for the fact that they have stood up to the authorities in order to protect the privacy of their users. They have refused unfair demands from the authorities to hand over customer data, and that has resulted in the feds targeting the exchange multiple times. And right now rumors are circulating, claiming that the FBI is planning to launch a big lawsuit against Binance. But at the same time, they have refrained from open confrontations (that was the mistake done by BTC-e/Wex.nz in 2017, by openly challenging the FBI).
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The individual performances does not matter much when they can't contribute in the winning of the team. All such efforts go in vain and no one remember them if the team does not win.
I must appreciate the England team who despite the B team, played superbly and got an historic win.
Have to agree and the Pakistan team (for all the formats) remain heavily dependent on a few players. The younger players are not living up to the expectation. And BTW, England was not fielding a B team. Some of the regular players were missing, but some of their top performers in the T20 format, such as Chris Jordan, Adil Rashid, Moeen Ali, Jos Buttler, Jason Roy, Dawid Malan and Jonny Bairstow were playing. So Pakistan has no reasons to be dejected about their performances. Plenty of positives for them to take away from the tour. |
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Jerome Powell: “You wouldn't need stablecoins, you wouldn't need cryptocurrencies if you had a digital U.S. currency Both Gensler and Behnam have talked much about the need to regulate those especially stable coins issued by exchanges so adding Yellen in the mix and I don't see any bright future for non-state-issued stablecoins coming out of these. Oh, and on top of that, we have Maxine Waters as head of the House Committee on Financial Services and she has her own Crypto Working Group. Whoever thinks this will be good for stablecoins when it's clear most of the people now in power see them as a threat for the dollar is going to have one hell of a wake-up call. This is the same language that was used by the authorities in China, before they started their crackdown on cryptocurrency. The argument was same. Since their digital Yuan (eCNY) shitcoin is available, cryptocurrencies such as BTC are no longer needed. Well, in a democratic country, it is up to the people to decide which one they want to use. I was thinking that United States is a country which values personal liberties, but increasingly it looks like I am wrong. We can expect actions similar to what they had in China, as long as people like Janet Yellen and Elizabeth Warren are in power. |
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It is good news for us, but the title is misleading. In percentage terms, 300% is a very big amount. But the new purchase amounts to 310,000 shares of GBTC, or equivalent to BTC310 (around $9 million). It is minuscule when compared to the purchase by Tesla (around BTC30,000, amounting for $1.5 billion at that time). Rothschild Investment Corp has assets worth billions of USD, and this new purchase represents a tiny fraction of their overall portfolio. But the intention needs to be lauded, because Rothschild is so deeply entrenched with the fiat economy.
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Their yearly salary can touch 1 million easily. Usually almost all commentators gets $50-60K per series (International) and when they gets gigs in the IPL then top commentators can bag maximum $700,000.
Basically they have 3 categories in IPL.
-English Panel $250,000 to $500,000 (Harsha, Gavaskar, Simon etc)
-Hindi Panel $80,000 to $350,000 (Deep Das gupta, Pathan, Akash chopra etc)
-Dugout Panel $500,000 to $700,000 (Brian Lara, Scott Styris, Graeme Swann etc) Here they focus more on technical stuff, hence bigger pay check) Wow! Never thought that their salaries are this high. That is a very good amount, even after the 43% tax cut by the Indian government. And unlike the salaries associated with playing cricket, these salaries are expected to remain stable or increase over the years. And if someone can maintain the quality, then he can easily last for two decades (I think both Harsha and Gavaskar are in this job for more than 20 years). Dinesh Karthink will be tempted to join full-time, although his IPL salary is much higher. |
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In our country people were complacent all the time. Ok, maybe first several months in the beginning, when pandemic was announced and there were huge number of cases in Italy, people were more careful and buy goods in huge amount, repairing for a long lockdown. But later they became simply dissatisfied with all that restrictions. Because they all thought that the virus will infect anyone except them. Btw, UK is the country that amazed me and made me post yesterdays post. The number of cases is still high but UK ease restrictions. Olympic games will start in no time. Think about how strong it will help the virus to spread and how the results will affect the economy again. But everyone ease restrictions... Thats awful. Here in India, I have seen complacency in front of my own eyes. A few guys in my neighborhood were mocking anyone who wear masks, saying that those who wear masks are cowards. Entire family was roaming around without any masks and all of them got the infection and landed at the hospital. From what I heard, three of them were in very bad situation, and one of them died. It has been two months since the death, but I haven't seen anyone from that family after this incident. And this is not an isolated occurrence. My friends tell me that such people exist in almost every city. |
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Those who get more returns will be happier. And it can either be the stock investors or the Bitcoin investors. Someone who invested in Bitcoin in 2010, when the exchange rates were $0.10 per coin, would be extremely happy now. The same can't be said about someone who invested in the same asset close to the ATH price of $62,000. And the same with the stocks as well. Those who invested in the IPOs of stocks such as AMZN, TSLA and MSFT has no reason to be sad at this point. But I wouldn't say the same to those who invested in Carnival Corporation and Norwegian Cruise Line Holdings.
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Yes the spinners dominated the third T20 match and Mohammad Hafeez proved that age is just a number.
Nowadays players maintain great level of fitness and it is not unusual to find 38-39 year olds playing international cricket. Along with Mohammad Hafeez, another player who maintains a good fitness standard is Shoaib Malik. For the batsmen and spinners, it is relatively easy. But that is not the case for the pace bowlers. Wear and tear from heavy workload means that most of them retire by the time they reach 35-36. A few who surprises me with their determination are James Anderson of England and Peter Siddle of Australia (although the latter no longer play international cricket). |
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I'm not sure but I guess he knows what's his priorities.
His channel is doing good, he's future commentator and it seems he's going to be very likable and famous if he join the commentary box. His cricketing knowledge is amazing and we need such commentators especially from India because majority of our commentators are mediocre except Harsha (Dinesh Kartik started very well tho).
How much these guys earn from the job as commentators? I guess the pay level will be much lower than what they would earn from the IPL. And for Ashwin, he still goes for well over $1 million a year in the IPL auctions. So I don't think that he has any immediate plan to take retirement from the game and concentrate on the commentator job. I agree with you on the mediocre quality of Indian commentators. Sanjay Manjrekar is a perfect example. It surprises me that this guy is not yet fired by his employer. |
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Look at the market cap of these forked coins such as Bitcoin Cash (BCH), Bitcoin SV (BSV) and Bitcoin Gold (BTG). Their combined market cap accounts for less than 3% of the Bitcoin market cap. So it would be wrong to say that the proliferance of these coins caused a reduction in the Bitcoin valuation. The most amount of damage was caused by altcoins (Ethereum, XRP, Dogecoin, Cardano, BNB.etc) and also by the stablecoins (USDT, PAX, USDC and BUSD). And in a way, the forked coins actually created good amount of profit for the Bitcoiners, as they were airdropped to those who were already holding BTC.
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As things stand, less than 0.05% of the global fossil fuel usage is accounted by Bitcoin mining. An astounding 50% is used for transportation, while other sectors such as industries, chemicals.etc account for significant percentages. Now I don't understand the obsession with the power usage by Bitcoin sector. It is not even 1/1000th of the total usage. And Bitcoin mining is not an industry that is solely dependent on fossil fuels. The miners don't really care if the electricity comes from a renewable source. But in countries such as China, that option may not be available.
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I don't get the purpose of steamrolling the machines and destroying them. If the intention is to deter Bitcoin mining or electricity theft, then I don't think that it will send a strong message. Those who are behind this power theft would have already cashed out the coins. The authorities could have auctioned the mining rigs and collected some money that could have at least partially reimbursed their losses. IMO, it was an emotional decision to destroy the mining rigs. Unless the culprits are very sensitive individuals, they are not going to care about it.
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Did anyone noticed that covid-19 restrictions became less strict ? Is it due to mass vaccination? Or because we are about to overcome that virus soon? Or the economy is in need of money and by lowering restrictions governments and business want to cover losses?
Based on my country statistics, this summer data is identical to previous year number of cases/death. Previous summer everything was closed and only limited stores were opened. Today, with vaccine certificate all the doors are opened. In some places, you can even be inside and not be obliged to wear the mask, while you still can be a virus carrier.
People are getting more complacent, and the governments have also relaxed most of the restrictions. For example, UK has removed most of the restrictions despite the fact that the number of new infections now stand at around 50,000 per day (higher than the figure reported from India yesterday). There is a misconception that two doses of the vaccine can protect you from COVID 19. That is not the case, especially with the less effective vaccines such as AstraZeneca, Sinovac and Sinopharm. And the efficacy is further reduced by the emergence of new strains such as Delta. |
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You are right. Their team lacks coordination of players. If the bowlers perform well, the batsmen perform poorly and if the batsmen play well, we see the bowlers bowling poorly. Zimbabwe scored 298 runs today. If the bowlers had done their duty properly, Zimbabwe could have easily beaten Bangladesh today. Bangladesh collected 97 runs in 16 overs, losing one wicket. Yet both teams have equal chances of winning.
Even now it is like 50/50. Bangladesh was cruising nicely, but then they lost the crucial wicket of Liton Das. Now the run rate is once again going down, as Shakib Al Hasan is settling down himself at the crease. The plus point for Bangladesh here is that the require rate is still below 6 runs per over, and they need less than 200 runs additional now. Two of the best Bangladesh batsmen are at the crease now (Tamim Iqbal and Shakib Al Hasan). However, just one more quick wicket will give the advantage back to Zimbabwe. |
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I don't know if it was 10 EUR or 20 EUR, but yes, I have the same dilemma. Those are no longer as profitable as they were in the past and for the later few I already have to pay tax. Ordering from China may not become "a think of the past" but will most probably become much less frequent. Ohwell, nothing (good) lasts forever  Even after paying taxes, commodities from China will be cheaper than those that are available from European domestic producers. BTW, I don't think that a large number of individuals directly import stuff from China. It is not strictly legal, and in case you make frequent purchases, then it may put you in some sort of trouble. Even here in India, previously a lot of people used to purchase directly from Alibaba and the vendors in China used to mark the packets as "gift" in order to avoid customs duty. But the government has now eradicated this loophole. |
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Also, Russia is not taking part this time in the summer Olypics, because they are banned. Athletes from Russia are taking part under the banner of ROC (Russian Olympic Council). Back in 2016, it was United Kingdom which surprised everyone. I was expecting China to finish at the 2nd place, but GB managed to overtake them in the medals tally. Chinese population is getting more aged, and that may be the reason for their poor performance recently. On the other hand, UK benefits immensely from immigration of athletes from other countries. |
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Zimbabwe's batting against Bangladesh has fascinated me. The batsmen have batted brilliantly. Chakabva and Ryan Buri in particular have done remarkably well. With their help, Zimbabwe managed to collect 298 runs. Zimbabwe gave Bangladesh a huge target of 299 runs. If Zimbabwe's bowlers can perform well, they will win today. Let's see what will happen.
LOL.. if they win the match today, then Sri Lanka, in all probability will be relegated to the 13th position in World Cup Super League. But then, it is Zimbabwe. They have a reputation of losing matches form a winning position. Bangladesh has got a good start and they are 55/0 after 9 overs. Both Liton Das and Tamim Iqbal looks to be in good touch. Bangladesh need to make sure that they don't lose any wickets in the opening spell from Blessing Muzarabani. The other Zimbabwe bowlers are more manageable. |
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The problem is that most of the users expect the cryptocurrency market to go up all the time. Very few of them actually prepare for bearish phases. Remember what happened in 2014 after the bull run we had in 2013? The exchange rates went down by 85% (from $1200 to $200). The same happened in 2018, after the peak of 2017 (from $20,000 to $3,000, once again a drop of 85%). This time we had an ATH of $62,000. 85% drop would mean exchange rates around $10,000 per coin. And that's not all. Back in 2018, the exchange rates of alts such as ETH and ADA went down by 98% to 99%.
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One way to look at this is that there are already many assets that are having a market cap larger than that of gold. Stock market and real estate are examples. Even bond market comes under this category. Even the M1 monetary supply of the US Dollar is expected to edge past the gold market cap ($12 trillion) in the next few years. So theoretically at least, it won't be impossible for BTC to surpass the gold valuation. And more so, given the gloomy predictions regarding inflation rates for the next 4-5 years.
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I do not want to go offtopic, but I can confirm that the local population under Putin is dying out at an accelerated pace (even according to official statistics, which are completely false). As for the fight against the pandemic, it has completely failed and this is the government's fault. By the way, initially they generally denied it and constantly discredited any foreign vaccines. It is not surprising that after that the population does not believe in the effectiveness of the domestic vaccine either.
Somewhere I read that there were around 30 million excess deaths (over births) among the native Russian population, during the three decades after 1992. Overall, there is no decrease in the total population, because almost 30 million foreigners have migrated to Russia during the same period (half of them being ethnic Russians and the other half being Central Asian).
One of the reasons why the Poland government is going ahead with this is because counterfeit copies of the Pfizer vaccine has been seized in that country. Therefore a lot of people are hesitant in taking the vaccine. Details here: https://www.bbc.com/news/world-56844149 |
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