Monthly Archives: January 2020

GOP candidates outline platforms in their first 14th District debate – DeKalb Daily Chronicle

Posted: January 25, 2020 at 2:39 pm

Seven Republicans looking to unseat Naperville Democrat Lauren Underwood in the 14th Congressional District used their first public debate Wednesday night to lay out their top priorities.

The ideas offered during the forum at McHenry County College ranged from social issues to political ideals and provided a contrast for GOP voters eyeing the March primary.

Two candidates, Jerry Evans of Warrenville and James Marter of Oswego, identified abortion as their top legislative priority if elected. Evans repeatedly said compassion is a cornerstone of his philosophy to governing.

We should never call it compassionate if we chop up a child and suck it through a tube, Evans said. I stand for life. I believe life begins at conception. We need to defund any form of taxpayer-funded abortion. The government should not be part of any form of euthanasia.

Marter said hes been attending anti-abortion marches and prayer vigils long before he got into politics. He went as far as to criticize his own party, specifically former Gov. Bruce Rauner, for making Illinois the abortion capital of the Midwest.

We need to defund Planned Parenthood, Marter said. We need to protect the most innocent lives from the moment of conception. We need to defend life from euthanasia and assisted suicide. We need to be the country that stands up for life.

Anthony Catella, who is from St. Charles, spoke in broad philosophical terms when identifying his top priority.

I believe in our national purpose and power, he said. I believe strongly in an educated citizenry. And I believe in the ideals of faith and freedom.

Ted Gradel, who lives in Naperville, said career politicians are at the root of whats wrong with the federal government. He said legislation locking in term limits for all members of Congress would be his top priority.

Weve seen in this state a tragic example of when a machine gets established, Gradel said. We have a ruling class that has enriched themselves at the expense of everyone else. We see politicians go to D.C., and they lose touch with who we are and the problems we have and the solutions we need.

Catalina Lauf, a Woodstock resident, adopted some of President Donald Trumps rhetoric in identifying draining the swamp as her top priority. She said legislation that focuses on securing the inherent freedoms of Americans would be her focus.

Government is too big, Lauf said. We need to ensure our rights are not being touched. Chief among them is the Second Amendment. And right along with that is the First Amendment. Why should we have to whisper if we supported President Trump in 2016? Why are we afraid to wear American flags on our T-shirts? We need to make sure freedom is at the forefront of everything we do as elected officials.

State Sen. Jim Oberweis of Sugar Grove said he would support term limits and solutions to illegal immigration. But he identified the federal budget and increasing federal deficit his main target if elected.

The most important thing we must do is provide a balanced-budget amendment, Oberweis said. The fact that we are stealing the future from our kids and grandkids has got to be stopped.

State Sen. Sue Rezin of Morris said the path for Republicans to take back the 14th District is to be strong on health care, the issue Underwood used in her campaign.

Im the only person on the stage who has passed legislation [at the state level], a year ago, that protects people with preexisting conditions, Rezin said. We wanted to repeal and replace [the Affordable Care Act], but didnt have a plan to replace it. That is my sole goal when I come to Washington, D.C., to come up with a plan that is affordable and accessible.

The sprawling 14th Congressional District includes parts of DeKalb, DuPage, Kane, Kendall Lake, McHenry and Will counties. The primary is March 17.

The rest is here:

GOP candidates outline platforms in their first 14th District debate - DeKalb Daily Chronicle

Posted in Euthanasia | Comments Off on GOP candidates outline platforms in their first 14th District debate – DeKalb Daily Chronicle

Australian bushfires: government refutes misleading claims on social media that orphaned joeys will be euthanised – AFP Factcheck

Posted: at 2:38 pm

Misleading claims that first responders in Australia were advised to kill all orphaned koala and kangaroo joeys found duringdeadly bushfires have circulated on Facebook and Twitter. The posts, published in multiple languages, citea document from the government of the Australian state of Victoria. But the Victorian government has specified that only joeys deemed unlikely to survive should be euthanised; a veterinarian consulted on the governments report also told AFP that euthanasiacan be the humane choice for orphaned joeys.

The misleading claim was published in this Facebook post on January 8, 2020. It was shared more than 150 times alongside photos of a kangaroo and koala.

The posts lengthy caption states in part: First responders tackling bushfires in Australia are being advised to kill baby kangaroos and koalas who have been orphaned as a result of the crisis. The Victorian Response Plan for Wildlife Impacted by Fire directs that the rehabilitation of orphaned milk dependent joeys from these common species found in the fire zone is not supported.

Contrary to established practice, the plan urges against handing the animals to wildlife volunteers, stating these animals require significant long term care and cannot be successfully returned to the wild.

At least 28 people have died and as many as one billion animals may have perished during an unprecedented bushfire season in Australia, AFPreported here on January 20, 2020.

Similar misleading claims were shared thousands of times after being published here, here, here and here on Facebook; and here, here, here and here on Twitter.

The posts were shared in multiple languages, including here in Japanese and here in Greek, as well asin Polish; AFP's Polish fact-check team debunked those posts here.

A similar claim appeared in this online petition titled: Stop the killing of milk dependent kangaroo and koala joeys found in bushfires.

However, theseclaims are misleading. The government of Victoria has updatedits guidelines and made clear thatonly young marsupials deemed unable to survive should be euthanised.

Andy Meddick, a Victoria Member of Parliament from the Animal Justice Party, stated publicly that such misleading claims were "categorically untrue."

There's some rumours going around about how the Victorian Government plans on handling wildlife injured in the bushfire crisis -- stating that they all must be killed,"Meddick said on Facebookhereon January 7, 2020."I can confirm these posts going around on social media are categorically untrue and not government regulation."

Meddick added that the office of Victoria Premier Dan Andrewshas madeassurances that "their plan is to support the rehabilitation of wildlife and that any native animal that can be rescued will be rescued."

These untrue posts stemmed from a wildlife training manual published in 2017, which has since been replaced," he explained.

Thetraining manual cited by Meddick, theVictorian Response Plan for Wildlife Impacted by Fire, was published by Victorias Department of Environment, Land, Water and Planning (DELWP).

"This is about the welfare of the animal and we will not unnecessarily prolong pain or suffering of animals,"

-VictoriaDepartment of Environment, Land, Water and Planning

Wildlife Crew Teams will be deployed to undertake the on ground assessment of impacted wildlife, euthanasia or the capture and transportation of animals to a triage centre," the report reads.

Euthanasia of wildlife impacted by fire should be undertaken where the health and wellbeing of the animal is significantly compromised, invasive or long term medical intervention is required, survival with treatment is unlikely, or if the animal will be unable to survive if released back into the wild.

On page 26, the report also list conditions for euthanasia, which include excessiveburns, infectiousdisease, broken limbs and orphaned milk dependent pouch young, among others.

Following misleading claims and allegations, the DELWP clarified its guidelinessurrounding the euthanasia of orphaned pouch young on January 20, 2020.

The addendum, publishedhere,reads: Recent allegations that regulations exist to euthanise all surviving wildlife are incorrect. The current Wildlife Shelter and Foster Carer Authorisation Guide states that wildlife experiencing unreasonable and/or incurable pain, distress, trauma, sickness or injury; or marsupials that are un-furred with eyes closed and ears down should be euthanised.'"

The update adds "This is about the welfare of the animal and we will not unnecessarily prolong pain or suffering of animals. Our approach to caring for our wildlife has been developed in consultation with wildlife veterinary experts."

According to a veterinarian who was consulted for the DELWP manual, age is the main criterion in deciding whether a joey should be euthanised.

The animals that are euthanased are the equivalent of a 12 week (or less) human foetus -- these are joeys that are less than 40 per cent through their pouch life -- eyes closed, unable to control their temperature, immature lungs, kidneys do not work, brain not developed, stumps for limbs," the vet, who wished to remain anonymous, told AFP in an email onJanuary 15, 2020."Wildlife carers have tried for the last 50 year to get these animals to survive without success."

The vet also stated that such infant animals often "die a slow death over days from starvation, hypothermia and from diseases of immunocompromise," stressing that a more "compassionate euthanasia is to euthanase promptly to stop this suffering."

Theyadded that themisleading claims were unfair to the first responders and animal carers battling the raging bushfires and its aftermath.

The people on search teams are there to do the best job that they can do in terms of animal welfare, in what are trying and difficult conditions, the vet said.

Read the original:

Australian bushfires: government refutes misleading claims on social media that orphaned joeys will be euthanised - AFP Factcheck

Posted in Euthanasia | Comments Off on Australian bushfires: government refutes misleading claims on social media that orphaned joeys will be euthanised – AFP Factcheck

The End on Sky: Who has the right to die? Cast of euthanasia series reveal their thoughts – Express

Posted: at 2:38 pm

Frances OConnor plays Kate Brennan, a doctor specialising in Palliative Care medicine in Australia. On the other side of the world, Kates mother Edie (played by Dame Harriet Walter) is just as passionate about her right to die. It becomes her responsibility to move her mother out to Australia and try to keep her alive. Here's a first look at the Sky series.

The topics brought up in this series are heavy going but writer Samantha Strauss does a brilliant job in bringing light to controversy.

The show is based on her own experiences with attitudes towards the right to die and she was keen to get both sides across.

The series, by See Saw Films, has been praised for its balanced attitudes and in depth research into the right to die legislation.

Samantha Strauss worked with palliative care doctors ahead of the series.

READ MORE:Black Earth Rising cast: Who is in the cast of Black Earth Rising?

Edies character been depressed for a long time and tries to kill herself in spectacular fashion - but fails.

She is shipped off to a retirement village in Australia and the story follows Kate and Edies stumbling, fractious journey as they find their way back to a relationship.

Harriet Walter, who plays Edie, said the right to die was a difficult topic to discuss.

She said: I did a TV film with Julie Walters called A Short Stay in Switzerland and that was relentlessly, brutally sad and frightening.

I have certainly thought about the topic a lot, its just one of the things thats terribly difficult to legislate.

Its hard to come to terms with the fact to have to make that decision it really seems like it has to be done by the person themselves that gives it legitimacy. I have discussed it with my husband.

Frances OConnors character Kate has a lot on her plate having to hold her family together.

OConnor said she was still uncertain on how she feels about the right to die even after filming ended.

She said: I had empathy with Kate, shes conflicted about it. I was curious to see how I would feel at the end of filming but I still feel very conflicted about it.

It really does come down to the individual. Its such a personal issue but it was brilliant playing a character thats set in a world in that kind of dilemma.

I love her character, shes so confused and conflicted and f****d up. Its so human and real.

The End is due to air on Sky Atlantic and NOW TV on February 10

View original post here:

The End on Sky: Who has the right to die? Cast of euthanasia series reveal their thoughts - Express

Posted in Euthanasia | Comments Off on The End on Sky: Who has the right to die? Cast of euthanasia series reveal their thoughts – Express

Voices Archbishop Smith: Beware of Ice! – Grandin Media

Posted: at 2:38 pm

Edmonton has been in a very deep freeze this past week. One day in the midst of it my car registered -34C. as the external temperature. That does not factor in the further chilling effects of the wind. As I drove along, my car issued a warning: Ice possible. Oh. Really? Thanks. Too bad the other drivers trying to navigate (at times unsuccessfully) some very slick streets and hills hadnt been warned that deep cold and slippery ice just might go together.

Clearly, that was an unnecessary warning. Only the willfully blind and deaf would have refused to see the slippery conditions and ignored the many warnings blaring out from radios and televisions and other media across the city.

For the last few years, the Church and many others in Canada have been calling out Ice possible! in another context. When the legalization of physician-assisted suicide (PAS) and euthanasia was being contemplated in Canada, purportedly for only highly circumscribed instances, the warning went out that allowing it even for a few limited cases would inevitably create a slippery slope toward expanding eligibility to a broad range of circumstances. Ice possible!

Well, that ice has now clearly taken hold, and at astonishing speed. On September 11, 2019 the Superior Court of Quebec ruled unconstitutional the requirement that death be reasonably foreseeable before euthanasia/PAS would be permitted. The federal government has chosen not to challenge this. Instead, it has accepted the ruling and is preparing to adjust national legislation accordingly. In addition, it has announced further legal reviews this year that will consider allowing for advance requests and expansion of euthanasia/PAS to mature minors and people who request to have their death hastened solely due to mental illness. Not only is the slope slippery, but also it feels as if we are being pushed down it. Yes, government is seeking to be consultative on these matters with surveys and reviews. Yet the questionnaire currently circulated does not even ask if one is opposed to these practices in principle. It presupposes acquiescence to the status quo, yet it is precisely the status quo that must be challenged. By precluding any fundamental objection to euthanasia/PAS procedures in the first place, it appears that the consultation is being used as a means for going forward, or broadening scope.

It is vitally important that we continue to speak out against not only the expansion of assisted suicide and euthanasia in our country but also their very existence. This is why the Bishops of Alberta and the Northwest Territories have issued a new pastoral letter on this issue, and why other Bishops across the country are calling on their people to make their voices heard.

The ice that has accumulated on our medical and legal highways is very slippery right now, and has citizens already crashing into one another. The heedlessness of danger seems to be wilful, so I expect the perilous conditions to be with us long after the spring thaw lifts the other ice from our streets. Therefore, let us remain both vigilant and vocal in witness to the dignity and sanctity of every human life from beginning to natural end.

See the rest here:

Voices Archbishop Smith: Beware of Ice! - Grandin Media

Posted in Euthanasia | Comments Off on Voices Archbishop Smith: Beware of Ice! – Grandin Media

NASA watched the ice in this Mars crater dance over a dozen years – CNET

Posted: at 2:37 pm

NASA's MRO tracked this crater, which has been through some changes between 2008 and 2019.

You might think Mars is a pretty static place since it's lacking the oceans and atmospheric drama we have on Earth. But the dry Red Planet is surprisingly dynamic, as a new NASA GIF of a north-pole crater shows.

The animation comes from the Mars Reconnaissance Orbiter HiRise (High Resolution Imaging Science Experiment) camera team at the University of Arizona.

"These inter-crater ice deposits shrink and expand or change shape or surface texture from year to year," wrote University of Arizona planetary geologist Alfred McEwen, principal investigator for HiRise.

The GIF is compiled from MRO images taken over the span of nearly a dozen years in early 2008, 2010, 2012, 2016, 2018 and late 2019. That spans six Mars Years. Each Mars Year covers 687 Earth days.

MRO entered Martian orbit in 2006. Its longevity gives scientists the ability to track landscape changes over time. Like with Earth, Mars experiences seasons. Those seasons just last longer.

The north pole is a particularly fun place to watch. HiRise even caught sight of an avalanche there in 2019. Don't worry, though. Humanity is eyeing some quieter spots on the Red Planet for future colonization.

Now playing: Watch this: Meet the Mars 2020 rover launching this year

4:47

See the article here:
NASA watched the ice in this Mars crater dance over a dozen years - CNET

Posted in Mars Colonization | Comments Off on NASA watched the ice in this Mars crater dance over a dozen years – CNET

SpaceX’s Abort Test Is A Success, Crewed Flights To Follow – Jalopnik

Posted: at 2:37 pm

After weather-related delays yesterday, SpaceX has successfully tested the abort feature of its Crew Dragon spacecraft, clearing the way for the first manned flights later on in the year.

The test occurred this morning around 10:30 AM eastern time and consisted of an unmanned launch followed by a demonstration of the Dragons abort procedure less than two minutes into the ascent. The crew module successfully detached from the rocket stages just after a point called Max Q, where the forces acting on the capsule peak. The capsule then successfully parachuted down to Earth, splashing down in the Atlantic safely.

After the Dragon separated from the rest of the rocket, the remaining stages were destabilized and eventually exploded (as expected), but the crew module had already fallen safely out of the way and was unharmed.

According to Ars Technica, the landing conditions for the crew module were rougher than expected. The success of the test despite those conditions may allow for a relaxation of some of the weather condition requirements currently in place which could offer greater flexibility for subsequent launches.

All of this is good news for SpaceX and NASA, who plan to launch the first manned mission using the Dragon later this year. If successful, the Dragon will provide NASA with the ability to once again launch astronauts to the International Space Station without the help of Russia, a capability lost when the Space Shuttle was retired. Musk has claimed that the first mission will be possible by second quarter of this year, but crew scheduling for the International Space Station could push it back farther.

Though SpaceXs Dragon has provided new hope for NASAs ability to expand manned space exploration in the wake of the retirement of the Space Shuttle nearly ten years ago, Elon Musks stated goals for SpaceX include the eventual colonization of Mars and his recent tweets on the subject have rankled some. Admitting that interplanetary travel, whenever it might become feasible, will be prohibitively expensive for most, Musk recently suggested that costs for travel to Mars could be offset by working off debts upon arrival, a curiously similar model to the indentured servitude that many immigrants to colonial Virginia suffered under back in the 17th and 18th Centuries.

Still, the prospect of introducing a new way to get to space remains exciting, and any eventual effort to get to Mars is far off, long enough away that Musk will hopefully see the drawbacks to his proposed Martian labor policybefore his Starship ever leaves the ground. Until then, I think we should be cautiously optimistic about SpaceX and what it can do for the International Space Station and space exploration in general.

Go here to see the original:
SpaceX's Abort Test Is A Success, Crewed Flights To Follow - Jalopnik

Posted in Mars Colonization | Comments Off on SpaceX’s Abort Test Is A Success, Crewed Flights To Follow – Jalopnik

Donald Trump and Elon Musk Invent the Wheel – Fair Observer

Posted: at 2:37 pm

No one can claim that US president Donald Trump lacks empathy for at least some of the downtrodden. Interviewed by CNBC at the World Economic Forum in Davos, Trump responded to a question about Elon Musk. Given all that Musk has been through in recent times, Trump acknowledges that the poor fellow deserves the pity his fellow billionaires. After all, Musk has been denigrated by multiple critics in the past 18 months, even, on occasion, excoriated in the Daily Devils Dictionary. As Teslas CEO, he has been under regulatory scrutiny after the Security Exchange Commission accused him of fraud for attempting to manipulate share prices.

Conscience of the injustice done to Musk due simply to his sometimes unorthodox business practices, Trump praised the CEO of Tesla, SpaceX, the Boring Company and Neuralink because he likes rockets and he does good at rockets too. Trump then added this pertinent comment: I was worried about him, because hes one of our great geniuses, and we have to protect our genius. You know, we have to protect Thomas Edison, and we have to protect all of these people that came up with, originally, the lightbulb, and the wheel and all of these things.

Here is todays3D definition:

Protect:

Enshrine the already successful and extremely wealthy, granting them the status of unassailable icons to ensure their limitless prosperity and deflect any criticism of their methods or actions.

Describing Trumps CNBC interview, The New York Times dryly and indulgently explains that President Trump reflected the enthusiasm that many investors have for Mr. Musk, comparing him to Thomas Edison and describing him as one of our great geniuses. In the same article, The Times provides an evaluation of Musks fortune. We learn that Forbes and Bloomberg estimate Mr. Musks current net worth at about $32 billion before being reminded that, according to the exceptional compensation deal recently voted by the Tesla board of directions, Mr. Musk could receive up to $55 billion in compensation.

As Trumpinsists, Musk is in dire need of the governments and societys protection. Hefears that people like Musk are may be left by the wayside. We want to cherishthose people, he told his CNBC interviewer. Musk and others like him need tobe encouraged in their noble quest to add to the billions they already possess.Otherwise, unloved and insufficiently pampered, they might choose to crawl backinto their shells and deprive humanity of the searing light of their genius.

From Trumps Davos interview, most commentators have highlighted the presidents apparent belief that the wheel is an American invention. Some, like the Huffington Post, have taken the trouble to point out that the wheel was invented some 5,500 years ago in Mesopotamia, present-day Iraq. Two hypotheses may account for Trumps attribution. The first is that, as the US continues to occupy Iraq against the Iraqi governments own wishes, Trump may consider it licit to claim the industrial property rights on Iraqs inventions as repayment for the burdensome cost of sending an army in to massacre its people and spread chaos throughout the region.

The second seems more credible. Trump, like any 10-year-old schoolboy, knows that the invention of the wheel was a prehistoric accomplishment and couldnt have been invented in America. But the wheel Trump was referencing isnt the one you find on vehicles. Its the Wheel of Fortune, the popular TV show often simply called Wheel. It has been running since 1975 and is now a fixture of US consumer culture. It was invented by another billionaire, TV game show creator and host, Merv Griffin.

This reference to television should have been obvious since in the same interview Trump revealed his understanding of what he sees essentially as a two-class system in the US. At the top, we find the billionaires, like Trump and Musk, stable geniuses who are abused not only by villainous critics jealous of their success but also the media. They are crying out for protection. At the bottom subsists a vast class called consumers, represented, in Trumps mind, by an individual he refers to as the consumer. In the interview Trump made this clear when he announced this basic truth: The consumer has never been so rich We have a consumer that has never done so well.

This vision ofsociety is extremely coherent. Listening to the full 19-minute interview makesTrumps vision extremely clear. On one side, you have the billionaires whoserve three essential purposes in society, besides earning excessive fortunesfor themselves. They create jobs for the hapless but rich consumers; throughthe products they invent and control, they secure valuable industrial propertyrights that should not be stolen by other nations; and they create a vast arrayof goods the consumer class will buy to affirm its status as citizen consumersof the capitalist republic.

As Trump tells it, the consumer is now basking in the glory afforded by the wealth shared by the entire consumer class. Consumers are so well-off these days that an impressive proportion of them can now afford to consume luxury products such as the opioids they are increasingly addicted to. Diabetics find it a bit more difficult to procure insulin, but Trump intends to address that problem in his second term.

In themeantime, billionaires add billions to their already impressive fortunes,protected by the government and its bloated military, whose essentially purposeis to guarantee their unfettered access to the worlds resources. And thanks totheir fortunes, they also provide jobs and a growing catalogue of shiny,well-packaged products to consume in an increasingly deregulated economy thatTrump promises will be even more prosperous as soon asthe Fed gets aroundto implementing negative interest rates.

Such is Trumpsvision of the US economy and society three years after taking office. On thesame day as the interview, Trumps Treasury Secretary Steve Mnuchin grappledwith 17-year-old Greta Thunberg at Davos, informing her that he will listen toher musings only after she goes and studies economics in college. He mighthave said, more fittingly, the same thing to Trump after listening to TrumpsDavos interview. But of course Trump did study economics at Wharton.

Some think that when Thunberg graduates high school, she might be better off studying a subject less prone to pure hyperreal fantasy than economics.

Half ofhumanity or rather half of the human oligarchy that runs the economy believes in the hyperreal success story of Elon Musk. Apparently, another halfsees it in a different light, as a manifestation of hyperreality, a bit ofinflated fiction that seduces the media who, in turn, use it to trigger theadulation of broad swathes of the public.

A recent article in Forbes sums up the dispute about believing in Musk and cherishing his contribution. Its author, Amiyatosh Purnanandam, writes: Elon Musk thinks Tesla will change the world. Short-seller Jim Chanos believes it is a worthless enterprise. One of them has to be wrong, and the wrong one will lose a fortune. On the subject of Musks eventual astronomic payout of $50 billion, The New York Times quotes Bob Sloan, the founder of financial services firm S3 Partners: The amount is just telling you that the soap opera continues.

The story ofMusks rise to the level of cultural icon over the past 10 years bringstogether all the ingredients required for the production of unadulteratedhyperreality: his flogging of futuristic technology, the mountains of venturecapital, Musks provocative personality, his unbounded appetite for practicallyany wild idea derived from science fiction that he can convince other people tofund and, concerning Tesla alone, the entire myth built around a largelyunsubstantial promise by which the company claims to be about improving theworld and saving humanity from the recognized threat of global warming.

This is what weare asked to believe: Rich people driving expensive cars will usher in a new utopiathanks to electric vehicles destined to solve the climate crisis bydemonstrating that humanity (starting at a certain level of income or networth) no longer depend on fossil fuel.

And if all those future self-driving electric cars dont end up solving the climate crisis, Musk will provide the rockets that will enable humanity to move to Mars. He is already blanketing the Earths atmosphere with tens of thousands of satellites astronomers on earth are complaining will hamper their ability to observe the universe. But, as Trump says, Musk is good at rockets and wants to use the satellites to position himself as the worlds number one internet access provider. This may incite the astronomers to be the first to book passage on a SpaceX rocket, if only to set up business on Mars, where they will be able to observe the universe unencumbered.

All this illustrates a deeper problem in society as a whole. As with climate change, human civilization finds itself at a historical turning point, in which the stakes have become survival or extinction. In this context, the success or failure of Tesla and SpaceX will serve as a metaphor for the fate of the planet and its inhabitants. Some think the planet and its economy will thrive, others see it coursing toward extinction. Both of Musks favorite solutions the electric car and rockets that will permit the colonization of Mars skirt the real questions humanity is dealing with.

Tesla and SpaceX are modern enterprises focused not on achieving some generous goal, but on establishing a monopolistic position through the uniqueness of their offer with the goal of gaining a captive market that will translate into maximum profit. In other words, the future of humanity when things are left in the hands of people like Trump and Musk turns out to be an exaggeration of the worst trends of the recent past. Its about a small group of people controlling simultaneously the worlds resources and the principle levers of the human economy or whats left of that economy before those who can afford it will need to book their SpaceX rocket ticket to Mars.

[In the age of Oscar Wilde and Mark Twain, another American wit, the journalist Ambrose Bierce, produced a series of satirical definitions of commonly used terms, throwing light on their hidden meanings in real discourse. Bierce eventually collected and published them as a book, The Devils Dictionary, in 1911. We have shamelessly appropriated his title in the interest of continuing his wholesome pedagogical effort to enlighten generations of readers of the news.]

The views expressed in this article are the authors own and do not necessarily reflect Fair Observers editorial policy.

Here is the original post:
Donald Trump and Elon Musk Invent the Wheel - Fair Observer

Posted in Mars Colonization | Comments Off on Donald Trump and Elon Musk Invent the Wheel – Fair Observer

Regulating Bitcoin: WEF2020 Announced A Global Consortium For Cryptocurrency Governance – CryptoPotato

Posted: at 2:36 pm

The World Economic Forum (WEF) in Davos, Switzerland, ended yesterday with a significant mark on the cryptocurrency market. On the last day, WEF announced the first global consortium focused on designing a framework for the governance of digital currencies, including stablecoins.

The World Economic Forum for 2020 took place at Davos the past week, and cryptocurrencies received a lot of attention.Yesterday, during its last day, the Forum announced the creation of the first Global Consortium for Digital Currency Governance. It will consist of financial institutions, government representatives, academics, international organizations, leading companies, technical experts, NGOs, and members of the Forums communities on a global level.

The report indicates that if digital currencies are to receive proper financial inclusion, they need to be paired with good governance. Therefore, the Consortiums purpose will be to establish a framework of regulations by implementing innovative approaches. To achieve their goal, the participants will use efficiency, speed, inter-operability, inclusivity, and transparency.

The Consortium will work with both the public and the private sectors to explore the presented opportunities.

According to Klaus Schwab, Founder and Executive Chairman of the WEF, digital currency, a cross-cutting topic that requires input across sectors, functions, and geographies, is a key area of interest for the Forum.

Mark Carney, Governor of the Bank of England, also spoke on the matter:

Governance is the core pillar of any form of digital currency. It is critical that any framework on digital currencies ensures security, efficiency, and legitimacy of payments while ensuring fair and open competition. We welcome the WEFs platform to help develop a robust governance framework for inclusion through digital currencies.

As CryptoPotato recently reported, the efforts of establishing regulations on the cryptocurrency market are getting more and more serious. As of January 10th, the European Union introduced an updated version of its 5th Anti-Money Laundering Directive (5AMLD) with increased regulatory focus.

All cryptocurrency-related businesses operating from Europe have to follow the rules. They include a more in-depth Know-Your-Customer process, transaction monitoring, and filing suspicious activity reports (SARs) with law enforcement.

One of the aftermaths came shortly, as the popular exchange Deribit announced its upcoming relocation from the Netherlands to Panama.

With the creation of the Global Consortium, world watchdogs will try to establish a framework of regulations on cryptocurrencies. Its particularly interesting to see whether this will be beneficial for the space as a lot of the market participants remain unregulated.

Enjoy reading? Please share:

See more here:
Regulating Bitcoin: WEF2020 Announced A Global Consortium For Cryptocurrency Governance - CryptoPotato

Posted in Cryptocurrency | Comments Off on Regulating Bitcoin: WEF2020 Announced A Global Consortium For Cryptocurrency Governance – CryptoPotato

Research: Ether Was the Cryptocurrency Most Correlated to Other Coins in 2019 – Cointelegraph

Posted: at 2:36 pm

Recent research shows that Ether (ETH) was the cryptocurrency most correlated to the rest of the crypto market in 2019.

In a report published on Jan. 22, the research arm of major cryptocurrency exchange Binance suggests that throughout 2019, ETH had an average correlation coefficient of 0.69. The paper, which compared correlation data of 20 top cryptocurrencies, reads:

Ether (ETH) is the highest correlated asset. With an average correlation coefficient of 0.69 throughout 2019, it is consistently among the most correlated assets. The coefficient started at 0.69 in Q1 and rose to 0.72 in Q4 (Q2: 0.65; Q3: 0.74).

Per the report, Ether was much less correlated in the first half of 2019 and became the most correlated in the second half. Interestingly, the paper points out that programmable blockchains such as Ethereum, NEO and EOS often showed higher correlations with each other than with non-programmable assets.

Other crypto assets that have shown a high correlation with the rest of the market include Cardano (ADA), EOS, Litecoin (LTC), XRP and Binance Coin (BNB). Furthermore, the researchers observed that correlation is typically higher among cryptocurrencies with the highest market caps.

Comparison of quarterly average correlation coefficients for the five most correlated assets. Source: Binance

The assets with the lowest correlation to the rest of the market, on the other hand, are Cosmos (ATOM), with a correlation of 0.31, followed by Chainlink (LINK) and Tezos (XTZ) with respective coefficients of 0.32, 0.4. Overall, the median correlation between large cryptocurrencies slightly decreased over the last quarter of 2019

Another interesting phenomenon pointed out by the researchers is the Binance Effect, which refers to the fact that cryptos listed on Binance displayed higher correlations than with the assets not present on the exchange. The firms research also claims that, among the top ten cryptocurrencies by market cap, its own crypto asset Binance Coin is the one that has seen the highest returns.

Comparison of quarterly price changes for the ten largest assets by market cap. Source: Binance

While the correlation between crypto assets has been widely observed, the correlation between Bitcoin (BTC) and traditional assets especially gold is still subject to debate. Nonetheless, new data suggests that BTC is less correlated to gold than many believe it to be.

In the past, some also observed that Bitcoin had an inverse correlation to the stock market. As Cointelegraph explained in a market analysis piece at the end of October 2019, at the time this trend broke.

Read more:
Research: Ether Was the Cryptocurrency Most Correlated to Other Coins in 2019 - Cointelegraph

Posted in Cryptocurrency | Comments Off on Research: Ether Was the Cryptocurrency Most Correlated to Other Coins in 2019 – Cointelegraph

The Dark Side of Becoming the Next Bitcoin – CCN.com

Posted: at 2:36 pm

Your favorite altcoins path to becoming the next Bitcoin is a lot more treacherous than you think.

The CEO of uPlexa (UPX) told CCN.com about the financial and ethical minefield faced by upstart altcoin projects in the cryptocurrency industry. Kyle Pierce the projects co-founder and lead developer paints a miserable picture of an industry that may already have been taken over by its worst people.

The king-making ability of centralized exchanges is no secret. The CEO of DigiByte (DGB) claims he was asked for $300,000, plus 3% of his 58th ranked altcoins entire coin supply, to get listed on Binance.

The demands made of the 1,371st-ranked uPlexa were equally outrageous. According to Pierce:

Weve had offers for 50% of the premine to get listed on an exchange. 50% of our premine thats allocated to exchange listings, marketing, hiring, founding team, core members, security audits, etc. They somehow believe that one hour of their time is worth nearly 6,000+ of our current man hours into this project.

Pierce says the saturation of centralized exchanges is making matters worse. Over 1,500 exchanges now compete for the same territory. As that number increases, the desperation of each rises accordingly.

Theres 1500+ centralized exchanges that offer the exact same service, and theyre starting to lose volume. So they artificially boost the volume and hire VAs to go around soliciting every team member of every project in hopes to quickly make a quick buck before their watering hole dries up.

These exchanges have become a choke-point for the cryptocurrency industry. The only way to get listed is to play their game. That means new cryptocurrency projects have their development plans dictated to them before theyve even begun.

For projects who did not participate in the IEO/ICO stages and have no funding, it is nearly impossible to get listed on an exchange. So, firstly, not only are people predominantly trading on centralized exchanges in a decentralized area, but the exchanges that are making huge sums of money are killing off the potential for real-world technologies to get noticed/adopted.

Another exchange told Pierce they would be happy to list his project, if only they moved away from the whole privacy thing.

Pierce told us that when uPlexa finally got listed on its first exchange (for around 1 BTC), even more scammers emerged from the woodwork. Pierce says he was contacted by someone asking to buy 20 BTC worth of UPX over-the-counter for 30% less than its market price.

The stated plan was to become invested in the coin, and then get behind its marketing efforts for their own benefit and that of the community. Pierce was suspicious, but he directed the buyer towards a miner with large UPX holdings.

After promoting the coin for two days and then moving on, Pierce realized the buyer was basically a pump and dump artist, who buys coins at a markdown then sells them for profit.

At this time, I had pretty much told them to f*ck off with their pump & dump scheme after reading about other groups who participated in major supression of other coins and then trying to sell to their group of investors who they make calls to on a daily basis.

According to Pierce, these solicitations are not uncommon. In fact, he thinks the cryptocurrency industry is largely dominated by these market manipulators.

Most of the time, when you see people talking about cryptos, its because they already got their bag at a cheap price and are looking to unload their bag at a quick 2x profit on you. Investors come into the market looking to make 5-10x (which, yes, may be unreasonable in most circumstances), only to be eaten alive by these types of manipulators.

Pierce states that even cryptocurrency influencers are twisting the screw as hard as they possibly can. When reaching out to Twitter and YouTube content creators, he found that every one demanded close to half a Bitcoin just to talk about uPlexa.

Every single one expected to be paid anywhere from 0.35-5BTC to talk about our technology. It became very clear to me at that moment, that 99% of all media regarding cryptocurrencies is paid by projects with massive amounts of funding. Little to nothing in the crypto world is organic.

Almost every service imaginable seems to be hidden behind a paywall in the cryptocurrency world. Even those which are free, such as CoinMarketCap listings.

we had a flock of different users advertising new services to us: CMC listings (even though this is free), exchange listings, supposed market making services, and even dumping strategies. One user even went so far to say they could help us sell our entire premine on the exchanges without market selling, which was obviously not in our interest.

Every service offered by exchanges comes at a cost. If an update is required, they charge 0.25 Bitcoin. If you want a new trading pair added, it costs another quarter of a Bitcoin. Thats despite the widespread use of modern technologies that make these services a five-minute job.

Pierce says he does see the industry changing over time, and his outlook for the future remains optimistic. But in the meantime, he says centralized exchanges will continue to reign as the banks of the crypto world.

I want to see everybody have a chance at succeeding and for ground-breaking technologies to run wild. Instead, centralised exchanges have become the new banks of the crypto world, and are just as greedy and corrupt. If youre not partnered up at the top 1% with them, its going to be a very long journey for your project.

Disclaimer: The opinions in this article do not represent investment or trading advice from CCN.com.

This article was edited by Josiah Wilmoth.

Last modified: January 22, 2020 2:53 PM UTC

Here is the original post:
The Dark Side of Becoming the Next Bitcoin - CCN.com

Posted in Cryptocurrency | Comments Off on The Dark Side of Becoming the Next Bitcoin – CCN.com