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Some say its difficult to tax large corporations and the rich. Many years ago, when the US government proposed breaking microsoft up on grounds of anti trust laws, Bill Gates was acting CEO of MSFT. Bill Gates threatened to move the majority of microsoft operations to canada or another nation if the US tried to break them up. The US government backed off and in the years since, the topic has never been mentioned again.
If american taxes are raised on large corporations like google, amazon, apple or tesla. They simply move operations to another country with lower taxes. The united states loses a large share of tax revenues and jobs and the american economy suffers, which will make the politicians responsible for tax hikes look bad.
These same precedents apply to crypto regulation as history has shown. Crypto banned bitcoin mining, the miners simply move to another country. Americans are moving to states which offer better bitcoin and crypto regulation. In extreme cases, many americans renounce their citizenship to move to puerto rico with its 4% income tax.
Regulation doesn't end the discussion, as we have witnessed with nigerian central banks closing bank accounts associated with bitcoin. Canada also tried a heavy handed authoritarian approach to things with mixed results.
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Yesterday I observed a steady increase in the pricing of dollar from the beginning of the this week high. But later in the day, there was a sharp fall in the price and closing on a low. So is there any relation to Dollar in the situation of war in Russia and Ukraine? especially as the sanction of Russia was announced yesterday. Are investors selling off dollar and running to bitcoin or are Russians immediately dumping their dollars?
Confidence in fiat currency, is correlated with confidence in the nations who issue them. The united states may be perceived as being "weak" for not doing more to defend ukraine's border, leading to reduced confidence in the US dollar. We have had news of russian troops massing on ukraine's border for awhile now. Inside traders could recognize a short opportunity if a russian invasion of ukraine occurs. The most basic method to boost profits on a short trade is to 1st elevate the price of the asset so it can fall further and generate greater profits. This could be defined by the price rising before the expected fall. We know that insider trading of assets does occur. Politicians and military analysts who have better information than the general public, can trade assets like the dollar on the inside information they have on whether war is coming. This is certainly nothing new and has been the norm for centuries. |
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My honest question is, what does it profit a country to rise up in war against another country?  It seems to me that russia wants the land adjacent the capathian mountain range as a natural defensive perimeter. That would appear to be one tangible gain they're targeting. Whether their ambitions run beyond that, I cannot guess. Russia has threatened to invade nearby states like finland and sweden who are not members of NATO in the past. Stock markets rise and fall. In this case, I do not think it will negatively affect russia's economy which carries low percentage national debt. Russia's GDP is greater than $2 trillion with a deficit of around $400 billion. Debt to GDP ratio is around 20%, which is far far lower than most major nations of the world. Russia appears to be well structured to handle sanctions, war, a stock market crash and whatever else is thrown at them. By contrast nations like japan and china appear to be buying up large swathes of land in foreign countries. Rather than war, that could be a better approach to global expansionism. Although I think russia itself would be barred and banned from attempting something similar. |
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The only thing I can really come up with is "and so what?"
Apple / Google have always controlled what is in their stores. (Although with Google you could for the most part always install anything you want)
Just because it's virtual does not make it any different then shopping at WalMart.
If WalMart says to be sold in our stores you must follow those rules you have to follow them. Same with Amazon.
Articles like this are really nothing but clickbait at it's worst. Rambling shit that talks about nothing.
-Dave
I agree with you that the author didn't do the best job writing this piece. But that's more or less standard today where truth and facts are lower priority than narratives. In recent times, we have seen writers fired for writing negative reviews. Sponsors and advertisements of publications exert a powerful influence upon the content that is written. Even going so far as to get writers fired for publishing content they do not approve of. The same precedent applies to large corporations like google and apple who run app stores. They can exert influence on crypto exchanges like binance and coinbase in exchange for carrying their mobile apps. Similar to how star wars and comic book films were influenced by their disney parent company, once they were bought out. If developers and end users of tokens and coins wish to retain their independence and be truly decentralized, it could help to identify these centralized methods of control and devise methods to circumvent them. The general public didn't realize how much influence spotify could exert over Joe Rogan's podcast until recently. These types of connections and business relationships do matter to some small extent. Especially in the tech industry where microsoft is known to have deliberately sabotaged OpenGL performance on windows platforms, in order to push their own competing technology Direct X. The tech sector has a long history of abusing these relationships any way they can. That's the message I hoped people would get from this. |
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I still think the overwhelming majority of gold supply is hoarded by central banks. They control a massive proportion of gold supply, which gives them all of the influence on price valuation.
Many have speculated the value of gold and silver should be trading higher than current market values. I think it would if independent precious metals traders represented a significant portion of precious metals ownership. But considering the massive multiple tons of gold held by central banks and the small shares of gold held by small traders who cannot afford to secure precious metals holdings. I think the natural reaction is to conclude that central banks hold all of the trading and valuation power as far as gold, silver and precious metals go. Which is why the price of gold isn't the result one would expect from typical market mechanics alone.
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Mainstream adoption means being listed in the App StoreOne of Web3’s benefits, according to boosters such as Jack Dorsey, is that it’s censorship-resistant. Because it is decentralized, this argument goes, it is impossible to censor anyone. But it isn’t true that cryptocurrency is decentralized. Right now, Web3 has a choke point: Big Tech. Cryptocurrency has relied on points of centralization since the days of Mt. Gox. (That hack wouldn’t have mattered nearly as much if Mt. Gox hadn’t been processing 80 percent of all transaction volume in Bitcoin at times). As the ecosystem has expanded, so have the points of centralization, such as AWS and Google Cloud. One problem with cryptocurrency is that the technology is fairly user-hostile, at least to normal users of the internet. And so centralized services have sprung up for the non-technical, such as Coinbase, OpenSea, Metamask, VeVe, and Rarible. Meanwhile, mainstream payment apps — Venmo, PayPay, and so on — have added cryptocurrency capabilities. This is likely how the general public will get involved with crypto, assuming they do so at all. These services may also be used by people who do understand cryptocurrency since even the savvy may appreciate user-friendly interfaces and protection from scams. To get to these apps, users will go through the Google and Apple app stores. So if those centralized ways of accessing cryptocurrency want to stay in Apple’s and Google’s app stores, well, functionally, Apple and Google will be setting the terms of content moderation for Web3. For the purposes of this piece, I am going to focus on Apple because I didn’t sit through the Epic Games v. Apple antitrust trial for nothing. (Epic Games v. Google has not yet taken place; when it does, I imagine we’ll get much more clarity about the Google store.) Apple’s public relations team did not respond to requests for comment. As Coinbase CEO Brian Armstrong wrote on February 4th, “For any app to be listed in the Apple and Google App Stores, it needs to play by the rules of those two companies.” That means that whatever Apple and Google decide as their content policy, Coinbase will follow, Armstrong says. “Our approach is to be free speech supporters, but not free speech martyrs.” (Emphasis his.) So if a “critical partner” such as Apple or Google objects to something and requires its removal, Coinbase will remove it. Coinbase’s head of policy communications, Ian Plunkett, declined to comment for this story. This position has been signaled before. In June 2020, a few employees walked out of work because they wanted an immediate response from Armstrong to the Black Lives Matter protests. Armstrong ultimately did post his support for BLM to Twitter, though those tweets have since been deleted. The following September, Armstrong made a blog post limiting political discussions at work. In his September 2020 post, Armstrong describes the move as “mission focused.” After the departures, he noted in an email that “[w]e have just made a decision to not engage in broader activism as a company outside of our mission.” (How Coinbase’s attempts at a PAC fit with this framework of ideas is unclear to me.) He offered severance to anyone who objected, which wound up being about 5 percent of its employees. Clearly included in the company’s values were the notions that “broader societal issues” and “political causes” were minimally important. This is fairly consistent with ceding moderation decisions to Apple — if you squint. Free speech maximalism is, after all, a political cause and thus on Coinbase’s “minimally important” list. One reason that Coinbase has stuck around as long as it has — while competitors have toppled — is pragmatism. We have some sense of how Apple will moderate Web3 because we already know how it moderates in its little “walled garden”: - Apple booted Parler, a conservative social media site, for insufficient moderation. It was allowed to return after it changed its moderation practices. Google and Amazon did the same.
- In Apple’s defense against Epic Games’ antitrust case, Apple argued Epic’s game store couldn’t appear in Apple’s ecosystem because some games within it — which Apple declined to describe because they were “not appropriate for us to speak in federal courts” — were “both offensive and sexualized.” Also during the trial, Apple’s highly paid attorneys suggested that a naked banana should not appear in court due to nudity. (The judge in the case later ruled that naked bananas are courtroom-appropriate.)
- “If you want to criticize a religion, write a book.”
- Apple declared war on Wordle clones.
- Plus, there’s the time Apple rejected Google search from its App Store in 2012 because “these apps need to give you the ability to use your choice of maps, not their version only.” Apple had released its competitor Apple Maps less than four months before. (In fact, Apple feels strongly about not featuring its competitors in the App Store.)
The blockchain has an inherent moderation problem: it’s immutable. So if someone encodes a text string that contains a URL for a website that, for instance, contains child porn, the text string is there forever. Extracting that data requires effort and technical ability, and the linked-to website itself might go down, but the text string remains. It’s also possible to harass people on the blockchain in messages that can’t be altered or deleted, though some level of technical ability is required for this also.
So Apple’s moves are perhaps less of a problem for pure cryptocurrency and more of a problem for NFTs, an area Coinbase is planning to get into this year. Nudity in an NFT? That’s a problem for anyone who displays the NFT and also wants to appear in the Apple App Store. I mean, we already know that the fine folks of Apple are terrified of naked bananas. God forbid they see an actual human titty. What’s more, Apple can say what currencies it’s willing to support transactions in, and that’s trouble for companies that want to take payments in, for instance, Ethereum. Fortunately for crypto enthusiasts, Apple has a pretty good incentive to let crypto apps — some, at least — stay in its App Store. One reason you can’t buy a Kindle e-book through the iPhone app is that Apple takes a 30 percent cut of any digital goods sold in apps that appear in its store. This means that anyone trying to buy an NFT — inarguably a digital good — through an iOS app is likely going to pay a premium since app designers can simply pass the charge along to users rather than sacrificing their own cut. (Amazon has chosen not to take this path, which is why you still can’t buy a Kindle e-book on the iPhone app). The flip side here is that Apple can turn the faucet off at any time. Display an NFT titty? You might be out. Try to bilk Apple out of its cut? You’re definitely out. Coinbase’s content moderation capitulation here is understandable: Apple, Google, and even Amazon are going to run the show if you’re trying to make Web3 a mass-market technology. Collectively, this group owns the stores where your app appears, the cloud servers you use for your service, the operating systems, and the devices. Say whatever you like about the distributed future of Web3, but for the time being, centralized Big Tech is going to continue calling the shots. https://www.theverge.com/22939290/web3-coinbase-apple-moderation-nfts .... Interesting point here: As Coinbase CEO Brian Armstrong wrote on February 4th, “For any app to be listed in the Apple and Google App Stores, it needs to play by the rules of those two companies.” That means that whatever Apple and Google decide as their content policy, Coinbase will follow, Armstrong says. “Our approach is to be free speech supporters, but not free speech martyrs.” (Emphasis his.) So if a “critical partner” such as Apple or Google objects to something and requires its removal, Coinbase will remove it. Coinbase’s head of policy communications, Ian Plunkett, declined to comment for this story.
There appear to be two conflicting narratives in the media. - Big tech is responsible and trustworthy, we can rely on them to decide the direction and business model of cryptocurrency exchanges like coinbase
- Big tech is a predatory and exploitive sector of the US economy which requires tighter constraints and oversight
It is interesting to note that other crypto exchanges like binance also have their mobile application in google and apple app stores. In past years apple is known to have banned adobe flash support from its products in order to push its own chosen multimedia codec and agenda. Is it possible that alternatives to google and apple app stores can be found to remove the influence big tech corporations like apple have on cryptocurrency exchange policy. |
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By invoking emergency powers and freezing the assets of Freedom Convoy protesters, Canadian Prime Minister Justin Trudeau makes clear that civil liberties protections mean little when the government can deny you access to your money. That financial weapon has been used in the past not just in autocracies but also in democracies against controversial (to some) businesses and organizations. But by targeting political protesters in a supposedly free country, Canada's government reminds us of the importance of keeping at least some resources beyond the reach of the state. "This is about following the money," Canada's Deputy Prime Minister Chrystia Freeland threatened on February 14. "This is about stopping the financing of these illegal blockades. We are today serving notice: if your truck is being used in these protests, your corporate accounts will be frozen. The insurance on your vehicle will be suspended." The Canadian government promptly seized assets. Justice Minister David Lametti added that donors to funds supporting the Freedom Convoy are also targets. The government subsequently backpedaled, but donors have been doxxed and threatened (Americans are likely beyond the reach of all but finger-wagging). Under the Emergencies Act, the Canadian government inflicts financial punishment on its critics without due process. "It's a Western version of China's social credit system that does not altogether prohibit political dissent but makes it so costly that it becomes impractical to the ordinary citizen," David Sacks, former PayPal COO, writes of Canada's financial measures against protesters. Earlier, Sacks warned that we should expect a wave of firms denying services to those who don't share their ideology. "What I could not have anticipated is that it would occur first in our mild-mannered neighbor to the north, with the Canadian government itself directing the reprisals," he marveled. Actually, this isn't the first example of governments conscripting private companies against targets that otherwise enjoy legal protection. Credit card companies have been pressured into denying services to suspected sex workers, and the U.S. federal government's Operation Choke Point cut off gun dealers, payday lenders, and sex-oriented businesses from banking without the muss or fuss of proving any illegality. "The clandestine Operation Choke Point had more in common with a purge of ideological foes than a regulatory enforcement action," Frank Keating, former governor of Oklahoma and previously an FBI agent and U.S. Attorney, wrote in 2018. "It targeted wide swaths of businesses with little regard for whether legal businesses were swept up and harmed." Since then, New York officials strong-armed insurance companies and banks into shunning the NRA. Cannabis businesses have difficulty opening bank accounts over regulatory fears. And independent ATMs are becoming scarce because the government hates that they dispense cash to just anybody. "A bank that does business with unscrupulous ATM owners could face the wrath of regulators for violating anti-money-laundering rules," The Wall Street Journal reported this week. But targeting remarkably peaceful political protesters because they annoy officials in an ostensibly liberal democracy is a new step in the direction of a financial police state. And a financial police state is an effective means for officialdom to muzzle opposition without breaking a sweat. "Without economic freedom you cannot have political freedom," writes economist John H. Cochrane of the Hoover Institution about the fiasco in Canada. "If the government can monitor your transactions, freeze your assets, 'sanction' you, or freeze your ability to transact, to buy or sell anything, it can quickly silence you, stop your political participation, undermine political movements or even aspiring individual politicians." Understandably, financial assets that aren't so subject to government whim have become more attractive. Many Canadians reportedly withdrew cash from banks, either because they feared their accounts could be frozen, or were frightened by the prospect. Cash is anonymous and its use is immune to state intervention (so long as the government doesn't emulate India by turning bills into toilet paper). In addition, even former skeptics are now open to crypto such as bitcoin as a haven for assets. "I still can't believe that this is the protest that would prove every Bitcoin crank a prophet," writes David Heinemeier Hansson, a partner in the tech company Basecamp. "And for me to have to slice a piece of humble pie, and admit that I was wrong on crypto's fundamental necessity in Western democracies." But "Bitcoin is far from universally accepted at stores," Andrea O'Sullivan warns at Reason. "The longer-term solution is to encourage more businesses to accept cryptocurrency so there is no need to bridge into government-controlled money at all." That may well happen. Seeing the writing on the wall, governments promote central bank digital currencies (CBDC) as alternatives to both cash and crypto. But they openly salivate over being able to monitor and restrict its use. "The Bank of England has called on ministers to decide whether a central bank digital currency should be 'programmable', ultimately giving the issuer control over how it is spent by the recipient," The Telegraph reported last year. Officials argue that controllable CBDCs could cut down on tax evasion and crime. But Canadian officials freezing protesters' bank accounts emphasizes that there are worse things than underground economies. Independent crypto alongside cash could help people retain their financial freedom. "Perhaps we want to have government able to deny financial services to criminal organizations (but think carefully about this before you agree)," economist Arnold Kling writes. "On the other hand, we do not want government to be able to deny financial services to people who hold dissenting views. The problem is that nowadays, especially with COVID and with cancel culture, we have become accustomed to criminalizing the expression of dissenting views." Sacks wants to prohibit financial institutions from denying services for political reasons. But that would be enforced by the same regulators who lean on banks and insurance companies to shun sex workers, gun dealers, and payday lenders. They're supposed to transform into neutral arbiters because the law says so. In the real world, regulators will more likely use expanded power to hurt the enemies of whoever is currently in office in the name of curbing some imaginary threat to public order. A better solution is preserving cash and continuing to develop crypto that protects privacy and bypasses intermediaries. Even the International Monetary Fund concedes that people seek "a defense against attempts by an all-encroaching 'Big Brother' surveillance state to rob people of their anonymity by forcing them to leave an electronic payment trail." But it's not just surveillance. The Canadian government's excesses remind us that there's no freedom if the state can separate us from our money. https://reason.com/2022/02/23/justin-trudeaus-actions-will-make-bitcoin-and-cash-more-popular/.... I have seen a few posters on bitcointalk remark upon canada's asset freeze potentially fueling a bank run. Nigeria's central bank implemented a similar policy last year when banks closed the accounts of nigerians dealing in cryptocurrency. Which may have initiated a backlash against banks fueling greater support for bitcoin and crypto in the region. Canada's Emergencies Act which granted Justin Trudeau power to freeze the assets of convoy protestors was revoked yesterday: https://nationalpost.com/news/politics/breaking-justin-trudeau-set-to-revoke-emergencies-actThe crackdown lasted 1 week. Is it safe to rely on banks and gofundme now? Will people remember this happened 2 weeks from now. I for one was very surprised at the public outcry in response to the freezing of convoy protestor assets. It would appear that with COVID the public now follows the news and current events closer than usual. Could we be witnessing a shift in culture. Where many who previously prided themselves on avoiding the news and current events (some have said its unhealthy to watch the news as only negative and depressing things are published there) have bucked the trend and began to make greater strides towards being better informed. |
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Don't change your mind just because green has the potential to eradicate that judgment that Islam Makhachev will win this, in what I have said in my previous post if you look at Bobby Green's fight with Rashid Magomedov a Dagestan Combat Sambo Championships Runner-up have beat Green even though there are no videos of their fight
There are text play by plays of the fight available on sites like sherdog: BOBBY GREEN VS. RASHID MAGOMEDOV
ROUND 1
Green tries to step inside with a right hand and gets clipped by Magomedov with a swift counter left. Green clinches up and pushes the Russian against the fence with an underhook, throwing knees inside. Magomedov tries to return fire and lands a low blow, and referee Mario Yamasaki pauses the action. Green recovers quickly and the fight resumes with three and a half minutes on the clock. The lightweights dance in and out of range until Green steps inside, off-balance, and gets knocked to the ground with a left to the body. Green jumps back to his feet before Magomedov can pounce, and the lefty sticks "Highlander" with a straight left-leg kick combination. Green slowly works his way inside to clinch, then tries a trip takedown and a suplex but can't get Magomedov off balance. Green finishes the round holding Magomedov against the cage, landing knees to the legs.
Jordan Breen scores the round 10-9 Magomedov
Brian Knapp scores the round 10-9 Magomedov
Chris Nelson scores the round 10-9 Magomedov
ROUND 2
Green sticks a jab, tries to step inside and gets picked off by Magomedov with a left-handed counter. Magomedov digs a left hand to the body; Green shakes his head and gives his opponent a few words. Magomedov lands a short left hand inside, opening a cut underneath Green's left eye; referee Yamasaki believes it was an eye poke and wrongly pauses the fight to give Green time to recover, while warning Magomedov that he will take a point for the next foul. When action resumes, Magomedov is a little more active, placing some hard shots on Green's grill. Green opts to clinch and pushes Magomedov against the cage to slow things down. Not much happens in the tie-up before the lightweights separate, and now it's Magomedov stepping forward again. Magomedov scores a quick takedown but Green's back hardly hits the mat before he scrambles to his feet again. Magomedov gets the final say in the round with a clean kick across Green's midsection.
Jordan Breen scores the round 10-9 Magomedov
Brian Knapp scores the round 10-9 Magomedov
Chris Nelson scores the round 10-9 Magomedov
ROUND 3
Green swings forward with wild punches and gets countered by Magomedov with a crossing left hand, but there's little else in the way of effective striking through the first minute of the round. Magomedov scores with a body kick, then has to yank back his left leg as Green tries to grab hold and convert it for a takedown. Green lands a leg kick, tries to clinch up and gets pushed away. Low accuracy from both men in this round, with Magomedov twitching and feinting in front of Green, while the "King" stands out of range and throws mostly single strikes. Magomedov scores with a pair of punches and follows with a body kick, then goes to his back foot again. Green throws a low kick that lands to Magomedov's groin, and after another brief pause, the fight resumes. Green catches a body kick but can't keep hold of Magomedov's leg. Magomedov comes back with a left to the body, ducks under a punch from Green and sticks a stiff jab. Magomedov remains the more accurate fighter down the stretch, landing at a greater frequency in the fourth minute of the round and prompting Green to clinch again. Green holds Magomedov against a cag post and delivers knees to the legs and body until Magomedov escapes. Magomedov lands a Superman punch in the final 20 seconds, and again the judges will decide a winner.
Jordan Breen scores the round 10-9 Magomedov (30-27 Magomedov)
Brian Knapp scores the round 10-9 Magomedov (30-27 Magomedov)
Chris Nelson scores the round 10-9 Magomedov (30-27 Magomedov)
THE OFFICIAL RESULT
Rashid Magomedov def. Bobby Green via Split Decision (29-28, 29-28, 28-29) R3 5:00 https://www.sherdog.com/news/news/UFC-on-Fox-24-Johnson-vs-Reis-PlaybyPlay-Results-RoundbyRound-Scoring-119999#bobby-green-rashid-magomedovIt seems to have been all standup kickboxing with very little if any wrestling. There is no way Khabib is going to fight in his promotion nor he will come back to fight. Khabib is the only fighter i have seen till now who makes a decision and then stick to that decision. I a sure Dana White offered him millions to take another fight but he was not interested and was even open to GSP fight in the UFC but Khabib did not change his mind and i doubt he will ever fight in MMA.
Dana White and the UFC wanted to do Khabib vs Conor 2 very badly. It was trending towards being near to the #1 pay per view sporting event of all time. Conor has 44 million followers on instagram, Khabib has 33 million. That fight would have been unbelievably massive. |
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Excellent idea.
There are many fanclubs and forums on the internet who organize and run scavenger hunts for fun. Not only is the concept familiar to many, it is also fun enough that people would participate even if there were no prizes awarded.
1 bitcoin is a lot of money. Enough that news of this could go viral eventually. Which could give them great public exposure and publicity.
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Last week, anonymous government sources confirmed that Quoherence Labs had created a quantum computer capable of breaking both the widely used RSA and elliptical curve encryption algorithms that underpin most cybersecurity protocols....
If that were true, global communications networks would be compromised. Military communications could be decrypted. Encrypted transmissions to predator drones could be hijacked. Banking and financial networks would be jeopardized. Intelligence agencies and judges wouldn't have to pressure suspects of crimes to provide passwords to their iphones anymore. News stories containing the term "quantum" should be considered a marketing brochure and venture capitalist pitch. They do not reflect actual science, as we have witnessed from the last 5 years of false claims being made. I saw a whitepaper for a "breakthrough" in quantum computing which claimed a theoretical "quantum" processor that was multi core with registers of more than 1,000 bits. Current day PC CPUs have 64 bit registers. If anyone reads what is published as a "quantum breakthrough" it will sometimes sound like fanfiction written by computer illiterates. It doesn't sound scary to bitcoin HODLers. Its more like parody content. |
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Johnny Walker turned out to be an even bigger fade than I thought. Johnny Walker began his UFC career with his coach from brazil. Then he left his old coach and trained at tristar in canada. Now Johnny Walker trains at SBG Ireland with John Kavanagh. Each place Johnny Walker trained in changed the way he fights. SBG Ireland doesn't have a good win / loss record in the UFC which could lead most to fade Johnny Walker. I think Walker's athleticism has improved since joining SBG Ireland but is it enough?
SBG Ireland head coach, John Kavanagh comes across as one of those who has a healthy appreciation for science. Unfortunately, they do not appear to know how to apply it. His responses have indicated this for many years. ... Next main event: Islam Makhachev vs Bobby Green. Green's counter wrestling and takedown defense is very good. Bobby Green outwrestled Jacob Volkmann in the UFC back in 2013. Volkmann having excellent wrestling credentials on paper. No one was shooting on Bobby Green after that. It takes time to train the cardio needed to go 5 rounds. Green taking the fight on short notice, and having trained for a 3 round fight previously, could mean his gas tank won't be fully prepared to go 5 rounds. The fight being made at 160 pounds could help with this. But TBH its a grey area. |
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Russia's stance on bitcoin has shifted over time.
Initially russia was pro bitcoin and proposed mining crypto with electricity generated by nuclear power plants. Years in the future, russia seemed to support a crackdown down on bitcoin when the russian exchange BTC-E was shutdown by the united states.
Fast forward more years, we've seen many proposals from banks to ban russia from the SWIFT banking financial network. Proposals of economic sanctions on russia, with additional proposals for harsher sanctions.
Russia's central bank may initially have proposed anti bitcoin and anti crypto regulation for russia's economy. It appears that russia has decided to retaliate against economic sanctions and proposals to sever russia from banking networks by implementing the opposite of what their central bank recommends. I don't its a secret that banks push anti crypto regulation, and perhaps russia has decided to do the opposite to spite them.
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The Problem with Mainstream Banks and a New Alternative | Fluidhttps://www.youtube.com/watch?v=wwSlF-GkDsgRobert Sharratt worked for global banks in London and Switzerland and is author of the book: 1%. The Book that the financial establishment doesn’t want you to read. He is also the founder of Fluid Finance. Fluid is the first company to challenge the core principles of banking. It uses blockchain technology to deliver a revolutionary new way of spending, saving and sending money in EITHER Fiat or crypto. .... From what details I could glean from the 4 minute presentation. The founder of this movement proposes a new banking format using an onchain blockchain where only end users own the private key to move the funds in their bank account. That in itself could spawn another discussion as to whether the banking codebase is proprietary or open source enough to be audited by independent review. What he is proposing sounds radical and forward thinking. He also offers an overview of the current day banking industry which he describes as supporting "51% double spends" via default. Interesting content. Although I wish people would stop defining cryptocurrencies as an "existential threat" to the banking industry. It doesn't have to be a scenario where cryptocurrencies and banks enter a gladiator colosseum and only one leaves alive. Coexistence remains a possibility.
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Congratulations Justin. You just singlehandedly destroyed the trust of Canadians on the banking system. We are possibly seeing the start of a bankrun. I would be interested to know how many canadians are aware of this happening. There are many who go through their daily routine without knowing things like this are current events. Any news involving trucker protestors they immediately ignore and avoid. The sad truth is, there have been many events over the past 10 years which could have destroyed trust in the global banking industry or caused a bank run. - The euro amount of insurance on european bank accounts has been reduced over time
- Banks around the world limited and reduced cash withdrawals
- India destroyed a big proportion of cash in circulation, which could negatively impacted trust in banks and the financial system
- Etc
People tend to be oblivious until something happens that directly affects them. If its only an announcement made in the news cycle, they might never notice. |
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There is a PFL event and an Eagle FC event on friday february 18th. With a bellator and UFC event on saturday feb 19th. Busy schedule for MMA. Eagle FC 45: PFL Challenger Series 1: Bellator 274: UFC Fight Night Walker vs Hill: |
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A lot of countries are releasing/ contemplating to release their own digital currencies. EU is contemplating digital euro, Jamaica is thinking of digital Jamaican dollar.. India has already launched digital rupee..
How these currencies will affect the bitcoin/crypto ecosystem?
It all depends upon how much trust people retain in traditional financial institutions and how well central banks are able to incentivize the rapid development and adoption of their assets. Initially, they could incentivize CBDCs offering excellent options and terms to the public. Then later those options could dry up, if they succeeded in achieving a monopoly. Which could in turn spawn more alternative assets and currencies in something resembling a financial arms race. That would appear to be the normalized trend we've witnessed throughout history. Who do people believe in, and who do they trust? Both are great questions I would not mind knowing the answer to. On one hand, I think public distrust of the state could be at an all time high due to corona lockdowns and general discontent. On the other hand people can certainly have short term memories at times. It is possible most have already forgotten events of the past 2 years? Its hard to say which direction the wind is blowing, many aren't being as vocal about their thoughts as they have in the past. I get the impression many do not remember the 2008 financial crisis. Perhaps the COVID crisis will be the same? Or perhaps it will be different? |
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Energy scavenging related to cryptocurrency mining definitely appears to be an emerging sector with potential. https://en.wikipedia.org/wiki/Energy_harvestingThere are many homebrew DIY options people have created to maximize heat generated by mining rigs. Mass manufactured options could improve on this through better design, standardization and insulation. EV markets could carry greater potential for energy scavenging in contrast to fossil fuels. Electric cars implement energy scavenging in the form of regenerative braking. There isn't a fossil fuel based equivalent for internal combustion engines. Electric trucks and motorcycles could definitely maximize efficiency through energy scavenging regenerative braking. It is possible that other benefits could eventually be reaped through the adoption of electric helicopters and aircraft. Another approach to encourage renewable energy could be state regulators over time shifting fossil fuel subsidies towards power sources with smaller carbon footprints. |
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I feel the nature and history of these protests should be more clearly highlighted and defined. They have a long history dating back to the occupy wallstreet movement. It was not widely publicized but occupy wallstreet had protestors who crazy glued themselves to shop windows. I think the craziest protestor story I saw was about a man who sat in the street and pounded a nail throw his scrotum into the pavement below. Performance artist Pyotr Pavlensky stages protest at 'apathy, political indifference and fatalism of Russian society'Red Square has seen a lot over the centuries, from public executions to giant military parades, but a performance artist broke new ground on Sunday when he nailed his scrotum to cobblestones in a painful act of protest. Pyotr Pavlensky said the protest was his response to Russia's descent into a "police state" and was timed to coincide with Police Day, which Russia's law enforcement officials celebrated on Sunday. https://www.theguardian.com/world/2013/nov/11/artist-nails-testicles-red-square-pyotr-pavlensky These types of protests from around 2011 would appear to represent the genesis of current day protest movements like canadian truckers. Analyzing the basic history, helps it easier to draw accurate conclusions and understand what is happening here IMO. |
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Am I the only one who expects this to be trolled by someone on 4chan with millions of multi botfarm accounts on twitter?
I like that they're expanding their options by introducing arbitrary end user nominations. But this is the internet and I suspect there is someone with the power to crash the results, who won't be able to resist doing so.
2021 wasn't the best year for movies that I remember. Things were so crazy with COVID I can't remember which films were good or bad in 2021.
Is it possible this user nomination feature might actually uncover a 2021 diamond in the rough, which most of us missed. I think it definitely has potential although they might have to take additional authentication steps to ensure that it won't be trolled.
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To set the best possible odds, bookies have many inside sources of information. If an athlete or team is having personal problems or is unmotivated and not training up to their usual standards. Anything that might affect the performance of an athlete or team that is being bet on. Oddsmakers will know of it long before the general public does. Said sources of inside information are one of the biggest advantages oddsmakers have over the casual sports gambler.
Insider trading in wallstreet and cryptocurrencies is a real thing. If investors know an announcement is coming that will jack up the price of an asset, they'll often buy in early and reap the benefits of inside information. The same precedent is found in sports gambling. There were rumors of Francis Ngannou having a knee injury going into his fight with Ciryl Gane. Gamblers with inside sources could have tried to take advantage of this, which could explain the massive betting line shift in Ciryl Gane's favor.
The best mathematical formula for determining the value of a bet is to acknowledge that oddsmakers have better sources of information and the line is set in whatever way they believe will earn casinos and sportsbooks the largest profits.
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