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Archive for the ‘economics’ category: Page 106

May 9, 2020

Bitcoin Acceptance Skyrockets in Venezuela Amid Hyperinflation Crisis

Posted by in categories: bitcoin, business, economics

As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto.

May 8, 2020

Podcast #45: The Post Covid-19 Future, Part 2, Economics and Investing with Jim Lee

Posted by in categories: biotech/medical, economics, finance

“The main purpose of the stock market is to make fools of as many men as possible.”–Bernard Baruch.

May 7, 2020

Patterns, Choices & Consequences

Posted by in categories: biotech/medical, bitcoin, economics, finance

The choices we make today, and it’s consequences will shape up this decade. Can we break the current pattern, engage with this new financial system and adapt to new realities? #blockchain


As human beings, we are defined by patterns. Our collective pattern defines society. We are empowered with choices – furthering the patterns, or breaking them or creating new ones. In the physical world, these choices could be social, economic, technological, or ecological. Based on the choices we make – good, bad, or ugly, we enjoy or suffer consequences. COVID-19 escalated the macroeconomic situation leading to liquidity, demand, and supply shocks. Can we break the current pattern and embrace digitization, decentralization and sound money? In turn, making choices that will create affirmative consequences for humanity.

Patterns, Choices & Consequences

Continue reading “Patterns, Choices & Consequences” »

May 7, 2020

Chinese Court Declares Ethereum Legal Property With Economic Value

Posted by in categories: bitcoin, cryptocurrencies, economics, law

There is an interesting case of a blockchain engineer and a crime in the article.


A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender in China, people can hold and transfer them like property.

The Shenzhen Futian District People’s Court in Guangdong Province, China, has ruled that ether is legal property, protected by Chinese law, local media reported last week. This means that the Chinese are not barred from owning or transferring the cryptocurrency, local publication 8btc explained, adding that according to the court ruling:

Continue reading “Chinese Court Declares Ethereum Legal Property With Economic Value” »

May 5, 2020

America’s renewable energy sources have produced more electricity than coal every day for 40 days straight

Posted by in categories: economics, energy, finance, sustainability

Renewable sources including solar, wind and hydropower generated more electricity than coal-based plants every single day in April, a new report says.

Analysis shared by the Institute for Energy Economics and Financial Analysis (IEFA), based on data from the U.S. Energy Information Administration (EIA), said the finding marks a major “milestone” in an energy transition that is now underway.

Continue reading “America’s renewable energy sources have produced more electricity than coal every day for 40 days straight” »

May 2, 2020

On average, Wisconsin is pumping nation’s cheapest gas

Posted by in category: economics

MANITOWOC COUNTY (WLUK) — Fewer drivers on the road, means fewer and fewer people are filling up their tank. “With consumers are staying at home and the economy in troubled waters, I think that’s kind of the best summary. People are just not driving,” said GasBuddy Head Petroleum Analyst Patrick De Haan. At one point Friday morning, the Francis Creek Shell station was selling the cheapest gas in the country at just 75 cents a gallon.

May 2, 2020

The US already has the technology to test millions of people a day

Posted by in categories: biotech/medical, economics, government

There is widespread agreement that the only way to safely reopen the economy is through a massive increase in testing. The US needs to test millions of people per day to effectively track and then contain the covid-19 pandemic.

This is a tall order. The country tested only around 210,000 people per day last week, and the pace is not increasing fast enough to get to millions quickly.

The urgency to do better is overwhelmingly bipartisan, with the most recent legislation adding $25 billion for testing a few days ago. Fears are growing, however, that testing might not scale in time to make a difference. As Senators Lamar Alexander and Roy Blunt wrote last week, “We have been talking with experts across the government and the private sector to find anyone who believes that current technology can produce the tens of millions of tests necessary to put this virus behind us. Unfortunately, we have yet to find anyone to do so.”

May 1, 2020

Abu Dhabi stem cell center develops ‘promising’ new COVID-19 treatment

Posted by in categories: biotech/medical, economics

“According to WAM, stem cells are extracted from the patient’s blood and then reintroduced in an “activated” state to the lungs through inhalation after being nebulized into a fine mist.

ADSCC researchers said the mist had a therapeutic effect, helping to regenerate lung cells and alter the response of the immune system to stop it from overreacting to the COVID-19 infection and causing more damage to healthy cells.

The treatment has undergone and successfully passed the first stage of clinical trials with further tests to demonstrate its effectiveness being carried out over the next two weeks.”

Continue reading “Abu Dhabi stem cell center develops ‘promising’ new COVID-19 treatment” »

Apr 30, 2020

Reading Islamophobia in Hindutva: An Analysis of Narendra Modi’s Political Discourse

Posted by in categories: economics, entertainment

What are some of ways that technology can be used to combat things like racism, bipartisan politics, Islamophobia, antisemitism, and extreme prejudice? Especially when these things are systemically embedded in certain cultures to the point that rationality seems to fly out the window? I see conversations on social media in peaceful international groups such as this one as a great potential stepping stone to mediate the tension between groups who seem to be devoted to blind hatred for one another. What are some other ways technology can advance social and political sciences?

“This article analyzes the narratives of Islamophobia in Hindu Nationalism (Hindutva). Specifically, it analyzes how Indian Prime Minister Narendra Modi, from the Hindu nationalist Bharatiya Janata Party (BJP), articulates Islamophobia in his speeches, interviews, and podcasts. In total, a discourse analysis of 35 such documents has been conducted. Conceptually, this article applies the notion of language-games to understand how Modi articulates Islamophobia. The article contends that while Modi’s Islamophobia is executed subtly, it is nonetheless a function of the way in which Hindutva conceives of Muslims as subordinate to Hindus. Two Islamophobic narratives in Modi’s political discourse have been mapped out: the erasure of Indian Muslim histories in Modi’s economic development agenda, and the characterization of Hinduism as having a taming effect on Islam in India. The article provides a conceptual overview of language-games and a review of how Hindutva defines Hindus and Muslims, before analyzing how Modi articulates Islamophobia. The article concludes by suggesting that a Hindutva-driven Islamophobia may have permeated into the Hindu mainstream.”

Apr 29, 2020

The US government is helping get cash to private space companies, replacing frozen venture capital

Posted by in categories: biotech/medical, business, economics, finance, government, military

Investment in the fast-growing space industry was booming well into the first quarter of 2020 but private capital has largely frozen as the coronavirus pandemic strikes the U.S., leading both civil and military agencies to step up funding for corporate partners.

“We kicked into high gear as soon as it was apparent a lot of companies were not going to be able to conduct business as usual due to distancing requirements,” Mike Read, International Space Station business and economic development manager at NASA’s Johnson Space Center, told CNBC.

U.S. equity investment in space companies totaled $5.4 billion across 36 deals in the first quarter, according to a report Friday by NYC-based firm Space Capital. But the second quarter is likely to just see a fraction of that investment, according to Space Capital managing partner Chad Anderson, as deal flow in the U.S. will follow China’s path. Chinese investment in space was climbing by record amounts until the first quarter, when “activity in China was basically shut off,” Anderson said.