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Saturday, June 24, 2017

Blockchain vs. Bullshit: Thoughts on the Future of Money

Published on 22 Apr 2017

In this talk "Blockchain vs. Bullshit - Thoughts on the Future of Money," Andreas Antonopoulos outlines the necessary criteria that will help you distinguish blockchains from bullshit, and why the goal of developing this technology should not be "banking the unbanked" but rather de-banking all of us.

 

 

 

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Who Should We Let In Ian Hislop on the First Great Immigration Row BBC Documentary 2017

 

 

 


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Thursday, June 22, 2017

Say "Brexit" again I dare you

 

 

 

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UK Brexit team arrive for the start of negotiations! Have to be a Brit or Anglophile to remember these and old :)

 

 

 

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Wednesday, June 21, 2017

The UK Brexit Negotiation Team

 

 

 

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Bitcoin Will Make Lots of Millionaires Before “Returning Down to Earth”: Economics Professor

Bitcoin Will Make Lots of Millionaires Before “Returning Down to Earth”: Economics Professor

Despite its price volatility, Bitcoin is likely to make more millionaires.

 

Panos Mourdoukoutas, chair of the department of economics at LIU Post in New York City, whose works are published by Forbes and The New York Times, thinks Bitcoin is likely to turn more individuals into millionaires before its price dives again.

 

Bitcoin recently reached an all-time high of $3,000 this June after a huge correction to $2,682 from $2,957 in the period of two days. This is after tech billionaire Mark Cuban reportedly called Bitcoin's recent price surge a bubble.

 

However, this is not the case since the cryptocurrency is showing an uptrend, based on its recent price of $2,831 and its continuing upward trend.

 

Full story at http://bit.ly/2sVA8M4

 

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How Can You Actually Spend Your Bitcoins, Explained

How Can You Actually Spend Your Bitcoins, Explained

I have some Bitcoins and altcoins. Can I spend them anywhere I want?

 

Nope, sorry.

 

Unfortunately, Bitcoin is still pretty far away from becoming a universally accepted currency. Alternative cryptocurrencies seem to be even farther away from that point.

 

It has been a crucial problem for Bitcoin since its very beginning. What good is digital money if you can’t really spend it whenever you want? And the efforts of the community to improve the situation are one of the principal driving forces behind the growing adoption of Bitcoin and other cryptocurrencies.

 

Full story at http://bit.ly/2rBKc9q

 

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Forbes Encourages Readers to Buy Bitcoin at All-Time Highs

Forbes Encourages Readers to Buy Bitcoin at All-Time Highs

Throughout the nascent years of cryptocurrency bitcoin received scant coverage in the press, with the exception of few niche technology publications. For several years bitcoin evaded extensive coverage in the mainstream press, until the darknet hosted anonymous free-market The Silk Road began to garner attention for facilitating the sale of illegal narcotics using bitcoin as its currency. A spattering of news outlets speculated about the potential for bitcoin’s use a vehicle for money laundering, terrorist financing and narcotics sales. Soon after, however, bitcoin stunned the world with meteoric price gains after unusually harsh austerity measures were being forced upon the nation of Cyprus during 2014. A resulting flood of citizens seeking to convert their savings into any store of value that could evade government seizure drove bitcoin prices from $40 USD to $260 USD.

 

Forbes Encourages Readers to Buy Bitcoin at All-Time High Price Area

 

The rest of 2013 saw many obituaries for bitcoin published by mainstream news outlets, before bitcoin again shocked the world be rallying past $1000 USD following a sudden flood of Chinese entrants into the cryptocurrency markets. The subsequent popping of the China bubble saw a slow year-long grind back to sub-$200 USD prices, seeing the majority of mainstream media publications dismiss the bitcoin bubble as a digital contemporary ‘Tulip Mania’ that would never be heard from again.

 

The tendency for mainstream news outlets to dismiss bitcoin while its price is low before hyping cryptocurrency after it has boomed has become routine since the 2013 China bubble. The article published by Forbes in Level-Up in recent days titled ‘How To Buy Bitcoin, Now That It’s Reached An All-Time High’ echoes this familiar sentiment. The opening paragraph states that “the price for one coin has spiked to about $2,900. If you haven’t already, now is the time to buy in”.

 

Full story at http://bit.ly/2rBNYiN

 

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In relief rally, bitcoin jumps more than 20% from June low

In relief rally, bitcoin jumps more than 20% from June low

Bitcoin quickly bounced back from the lows of June, amid improved sentiment about the future of the digital currency.

 

Bitcoin traded higher Saturday near $2,680, up more than 20 percent from a June low of $2,185.96 hit Thursday that had erased gains for the month, according to CoinDesk.

 

Worries about overexuberance in digital currencies overall and heated debate among developers about how to upgrade bitcoin's technology weighed on its price.

 

"A proposal was accepted to merge the two upgrade methods, making them compatible," Brian Kelly, a CNBC contributor and founder of BKCM, which runs a digital assets strategy, said Friday. "So we have seen a relief rally on this progress."

 

Full story at http://cnb.cx/2sShNj5

 

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Bittrex Cryptocurrency Exchange Trading Tutorial - Michel Gerard Online

Bittrex Cryptocurrency Exchange Trading Tutorial - Michel Gerard Online

You have probably heard about Bitcoin by now with all the news surrounding it reaching $3,000 per Bitcoin and then going up and down frequently. Now you may want to know how you can trade it with other altcoins in a cryptocurrency exchange.

 

There are on the Internet several websites where you can trade cryptocurrencies, and you can find an up-to-date list of cryptocurrency exchanges here: The Best Bitcoin Exchanges

 

Poloniex is the most popular cryptocurrency exchange in terms of volume, but popularity comes with a downside, which is a site going very slow at times, and this has been a complaint by many users lately.

 

Another excellent option is to use Bittrex, which is based and fully regulated in the USA.

 

Full story at http://bit.ly/2rBGNav

 

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One of the world's top central bankers warns digital currencies like bitcoin could worsen future financial crises

One of the world

Jens Weidmann, the head of Germany's Bundesbank and one of the most powerful figures in European finance, has warned that digital currencies like bitcoin have the potential to make financial crises in the future even more devastating.

 

Speaking in Frankfurt on Wednesday, Weidmann said he believes that central banks will eventually create their own digital currencies to reassure average citizens that such currencies are safe and stable, but in doing so could increase the risk of bank runs in future crises.

 

"Allowing the public to hold claims on the central bank might make their liquid assets safer, because a central bank cannot become insolvent," Weidmann said in a speech largely focused on the European Central Bank's QE programme.

 

"This is a feature which will become relevant especially in times of crisis - when there will be a strong incentive for money holders to switch bank deposits into the official digital currency simply at the push of a button. But what might be a boon for savers in search of safety might be a bane for banks, as this makes a bank run potentially even easier."

 

Full story at http://read.bi/2rB6EmY

 

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Tuesday, June 20, 2017

Global warming brews big trouble in coffee birthplace Ethiopia

Global warming brews big trouble in coffee birthplace Ethiopia

Global warming is likely to wipe out half of the coffee growing area in Ethiopia, the birthplace of the bean, according to a groundbreaking new study. Rising temperatures have already damaged some special areas of origin, with these losses being likened to France losing one of its great wine regions.

 

Ethiopia’s highlands also host a unique treasure trove of wild coffee varieties, meaning new flavour profiles and growing traits could be lost before having been discovered. However, the new research also reveals that if a massive programme of moving plantations up hillsides to cooler altitudes were feasible, coffee production could actually increase.

 

Coffee vies with tea as the world’s favourite beverage and employs 100 million people worldwide in farming the beans alone. But climate change is coffee’s greatest long-term threat, killing plantations or reducing bean quality and allowing the deadly coffee leaf rust fungus to thrive. Without major action both in the coffee industry and in slashing greenhouse gas emissions, coffee is predicted to become more expensive and worse-tasting.

 

The research combined climate-change computer modelling with detailed measurements of current ground conditions, gathered in fieldwork that covered a total distance of 30,000km within Ethiopia. It found that 40-60% of today’s coffee growing areas in Ethiopia would be unsuitable by the end of the century under a range of likely warming scenarios.

 

Full story at http://bit.ly/2sSfQDs

 

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New funding unveiled for London to realise ‘immeasurable’ clean tech potential

New funding unveiled for London to realise ‘immeasurable’ clean tech potential

Mayor of London Sadiq Khan has said he wants the capital to lead the way in smart and clean technologies, and has unveiled a new incubator fund to help achieve that goal.

 

Last week the mayor opened London Tech Week and set out the ambitious aim of establishing London as the world’s “leading ‘smart city’” which places digital, low carbon technologies and data management at its centre.

 

Opening the event, Khan said that low carbon, digital technologies are essential to tackling some of the capital’s most prominent economic, social and environmental challenges, particularly in air pollution, housing and transport.

 

In order to help realise some of those technologies the mayor unveiled a new funding initiative dubbed ‘Better Future’, a clean tech incubator fund which is to help support London-based businesses specialising in those fields.

 

Full story at http://bit.ly/2sRGVXu

 

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Ten more elephants poisoned by poachers in Zimbabwe

Ten more elephants poisoned by poachers in Zimbabwe

Ten elephants, including a mother and her young calf, have been found poisoned in and around Zimbabwe’s premier game reserve, Hwange national park. Six of the animals died in the south of the park last week; some had their tusks hacked off. The others were found outside the northern sector of the park in state forestry land.

 

Park rangers responded quickly. A bucket of poison was found near the gruesome scene in the north and three arrests were made over the weekend. One of those arrested was found in possession of ivory.

 

The first known case of elephant poisoning in Zimbabwe was a single massacre of over 100 elephants in Hwange national park in 2013. Since then it has become a common means of poaching – not only in Hwange but throughout the country’s protected areas, including the Zambezi valley and Gonarezhou national park.

 

It’s not just elephants that are dying. Predators and scavengers such lions, hyenas, jackals and vultures endure a slow and agonising death after eating poisoned flesh, while other animals such as antelope and zebra have been killed by drinking from contaminated buckets, waterholes and salt licks.

 

Full story at http://bit.ly/2sScxMz

 

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Tigers at risk of poaching over sharing locations on social media 

Tigers at risk of poaching over sharing locations on social media 

BHOPAL: The National Tiger Conservation Authority (NTCA) has asked the field directors of tiger reserves in Madhya Pradesh and other states to take steps to prevent circulation of pictures and video footages of tiger movements on WhatsApp groups and Facebook. Advising the process to be stopped with immediate effect, NTCA letter has brought back in focus 'Cyber poaching' of tigers. 

 

Tiger death toll in Madhya Pradesh in the last 14 months has gone up to 43 which includes 14 since J .. 

 

The circular issued by Dr Vaibhav C Mathur, NTCA's assistant inspector general of forests on Saturday expressed concern on sharing pictures of tigers and their camera traps along with locations of tiger reserves on social networking sites. 

 

"This information has the potential to be used for committing wildlife crimes," the letter said. 

 

Full story at http://bit.ly/2sSlrtq

 

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6 Ways That Climate Change Affects The Wine In Your Glass

6 Ways That Climate Change Affects The Wine In Your Glass

"Is climate change really affecting the wine in my glass?"

 

That was the question that any consumer in the audience yesterday would have had answered, as a panel dedicated to climate change in the wine industry helped to kick off a very strong program of events at Vinexpo, the four-day, biennial trade fair in Bordeaux that has just begun.

 

The ante has been upped in recent years for organizers to deliver highly relevant, highly actionable content over multiple days, as strong competition emerges from similar and well-performing trade fairs in cities like Düsseldorf, Verona, and Hong Kong. But within just a few hours of opening its doors yesterday, Vinexpo asserted its intentions on behalf of the French wine industry's position in the global marketplace: it formally announced a partnership with Alibaba’s B2C e-marketplaces Tmall and Tmall Global, for example, and it convened a panel of prominent winemakers and advocates to address the issue of climate change.

 

What does all of this mean for the consumer?

 

Full story at http://bit.ly/2sRY9DU

 

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What Happens When The Oil Economy Collapses?

What Happens When The Oil Economy Collapses?

Oil company values — which are currently topping the charts — will collapse. That means that certain investors (many investors) will “lose money,” or see their net worth drop. To put this into a little more perspective, we highlighted recently that Tesla [TSLA] has passed the US “Big 3” automakers in market cap, currently sitting at $60.15 billion (compared to GM at $51.73 billion and Ford at $44.76 billion). Meanwhile, Exxon’s market cap sits at $354.59 billion, Chevron’s market cap is $204.76 billion, and Saudi Aramco’s expected to be valued at $1–10 trillion.

 

Some of our top commenters have made it clear — the oil bubble could collapse at any moment. What’s holding it together is the prospect of growth, but large portions of the investment community should soon realize that cost-competitive, more convenient, and more enjoyable electric transport; city, state, and national actions to fight air pollution; and broader governmental and corporate action to stop global warming mean that oil is a dead industry walking. As more investors and money managers decide oil & gas is not a smart “investment” for the future, more and more money will pull out of the industry. People, institutions, and companies making early exits will be fine, but the ones who wait a bit too long to understand where things are headed will suffer from the popping oil bubble.

 

But that’s just the beginning of things. At this scale, certain companies collapsing, a certain number of people losing their jobs and needing to find a new career, and certain investors falling in net worth is all fairly disruptive. However, it’s not that simple.

 

Full story at http://bit.ly/2sRMfdg

 

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In relief rally, bitcoin jumps more than 20% from June low

In relief rally, bitcoin jumps more than 20% from June low

Bitcoin quickly bounced back from the lows of June, amid improved sentiment about the future of the digital currency.

 

Bitcoin traded higher Saturday near $2,680, up more than 20 percent from a June low of $2,185.96 hit Thursday that had erased gains for the month, according to CoinDesk.

 

Worries about overexuberance in digital currencies overall and heated debate among developers about how to upgrade bitcoin's technology weighed on its price.

 

"A proposal was accepted to merge the two upgrade methods, making them compatible," Brian Kelly, a CNBC contributor and founder of BKCM, which runs a digital assets strategy, said Friday. "So we have seen a relief rally on this progress."

 

Full story at http://cnb.cx/2sShNj5

 

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Two-thirds of Europeans believe EU should take hard line on Brexit – poll

Two-thirds of Europeans believe EU should take hard line on Brexit – poll

Two-thirds of Europeans believe the EU should take a hard line with the UK over Brexit, according to a survey.

 

Sixty-five per cent of those questioned in Belgium, Germany, Greece, Spain, France, Italy Austria, Hungary and Poland said the EU, while trying to maintain a good relationship with Britain, should not compromise on its core principles.

 

The Chatham House-Kantar survey showed just 18% of people in the nine countries – compared with 49% of people in Britain – believed the opposite; that the European commission should aim to keep the UK as close as possible, at the expense of its principles, during the talks, which began on Monday.

 

Full story at http://bit.ly/2sSjtJF

 

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