The Prometheus League
Breaking News and Updates
- Abolition Of Work
- Ai
- Alt-right
- Alternative Medicine
- Antifa
- Artificial General Intelligence
- Artificial Intelligence
- Artificial Super Intelligence
- Ascension
- Astronomy
- Atheism
- Atheist
- Atlas Shrugged
- Automation
- Ayn Rand
- Bahamas
- Bankruptcy
- Basic Income Guarantee
- Big Tech
- Bitcoin
- Black Lives Matter
- Blackjack
- Boca Chica Texas
- Brexit
- Caribbean
- Casino
- Casino Affiliate
- Cbd Oil
- Censorship
- Cf
- Chess Engines
- Childfree
- Cloning
- Cloud Computing
- Conscious Evolution
- Corona Virus
- Cosmic Heaven
- Covid-19
- Cryonics
- Cryptocurrency
- Cyberpunk
- Darwinism
- Democrat
- Designer Babies
- DNA
- Donald Trump
- Eczema
- Elon Musk
- Entheogens
- Ethical Egoism
- Eugenic Concepts
- Eugenics
- Euthanasia
- Evolution
- Extropian
- Extropianism
- Extropy
- Fake News
- Federalism
- Federalist
- Fifth Amendment
- Fifth Amendment
- Financial Independence
- First Amendment
- Fiscal Freedom
- Food Supplements
- Fourth Amendment
- Fourth Amendment
- Free Speech
- Freedom
- Freedom of Speech
- Futurism
- Futurist
- Gambling
- Gene Medicine
- Genetic Engineering
- Genome
- Germ Warfare
- Golden Rule
- Government Oppression
- Hedonism
- High Seas
- History
- Hubble Telescope
- Human Genetic Engineering
- Human Genetics
- Human Immortality
- Human Longevity
- Illuminati
- Immortality
- Immortality Medicine
- Intentional Communities
- Jacinda Ardern
- Jitsi
- Jordan Peterson
- Las Vegas
- Liberal
- Libertarian
- Libertarianism
- Liberty
- Life Extension
- Macau
- Marie Byrd Land
- Mars
- Mars Colonization
- Mars Colony
- Memetics
- Micronations
- Mind Uploading
- Minerva Reefs
- Modern Satanism
- Moon Colonization
- Nanotech
- National Vanguard
- NATO
- Neo-eugenics
- Neurohacking
- Neurotechnology
- New Utopia
- New Zealand
- Nihilism
- Nootropics
- NSA
- Oceania
- Offshore
- Olympics
- Online Casino
- Online Gambling
- Pantheism
- Personal Empowerment
- Poker
- Political Correctness
- Politically Incorrect
- Polygamy
- Populism
- Post Human
- Post Humanism
- Posthuman
- Posthumanism
- Private Islands
- Progress
- Proud Boys
- Psoriasis
- Psychedelics
- Putin
- Quantum Computing
- Quantum Physics
- Rationalism
- Republican
- Resource Based Economy
- Robotics
- Rockall
- Ron Paul
- Roulette
- Russia
- Sealand
- Seasteading
- Second Amendment
- Second Amendment
- Seychelles
- Singularitarianism
- Singularity
- Socio-economic Collapse
- Space Exploration
- Space Station
- Space Travel
- Spacex
- Sports Betting
- Sportsbook
- Superintelligence
- Survivalism
- Talmud
- Technology
- Teilhard De Charden
- Terraforming Mars
- The Singularity
- Tms
- Tor Browser
- Trance
- Transhuman
- Transhuman News
- Transhumanism
- Transhumanist
- Transtopian
- Transtopianism
- Ukraine
- Uncategorized
- Vaping
- Victimless Crimes
- Virtual Reality
- Wage Slavery
- War On Drugs
- Waveland
- Ww3
- Yahoo
- Zeitgeist Movement
-
Prometheism
-
Forbidden Fruit
-
The Evolutionary Perspective
Monthly Archives: July 2020
China threat: Beijing plotting massive territorial gains – with warning issued for Taiwan – Express.co.uk
Posted: July 15, 2020 at 9:59 pm
And territorial disputes from the South China Sea to the Himalayas, not to mention Beijing's ambitions in the Arctic, have all been highlighted as threats to world security. Meanwhile, the UK has been tipped to play a major role after the end of the year in accordance with the "Global Britain" strategy referred to by among others Prime Minister Boris Johnson.
The report, which emphasises the importance of all member states paying their fair share of two percent of GDP into the alliance, is published by the Policy Institute think tank, based at Kings College London, and authored by among others George Robertson, former NATO Secretary General, Michael Fallon, former UK Defence Secretary, and former Liberal Democrat leader Menzies Campbell.
With reference to China, the report entitled The future strategic direction of NATO, highlights the fact that China's military spending has increased by 6.6 percent this year, irrespective of the ongoing coronavirus pandemic.
The authors said: "It is clear President Xi Jinping remains committed to the modernisation of the Peoples Liberation Army by 2035 and its transformation into a 'world-class' military by 2049.
Recent events demonstrate the determination China has to bring Hong Kong under its firm grip, raising grave concerns for its future as well as that of Taiwan
Policy Institute report
"Recent events demonstrate the determination China has to bring Hong Kong under its firm grip, raising grave concerns for its future as well as that of Taiwan."
The report adds: "Chinas argument with India, and ongoing disputes with Japan, demonstrate preparedness to press territorial claims from the Himalayas to the South China Seas.
"In addition, China is increasing its activity in the Arctic, creating a 'polar silk road' and a 5+1 group with Nordic nations, similar to the 17+1 group that guides Chinas cooperation with Central and Eastern European countries."
JUST IN:South China Sea crisis: US attacks Beijings claims to region
The onset of coronavirus would inevitably take its toll on the economy, the report acknowledged, with a knock-on impact on defence spending.
The report warns: "Whatever the reason, NATO may see less spent on defence in the next few years.
"This argues for a push on economies of scale, sensible procurement and greater collaboration."
DON'T MISSKashmir crisis: Pakistans moderates threatening nuclear war[LATEST]India-Pakistan fury: New Delhi demands Islamabad terror crackdown[UPDATE]India-Pakistan fury: Fears of all out war over Kashmir[KASHMIR]
Nevertheless COVID-19 should not be an excuse for NATO member states to renege on spending commitments made at the Wales Summit in 2014.
The authors said: "All members pledged to move towards two percent by 2024.
"At the time, only three countries met the target; nine now do.
"NATO should continue to push for the pledge to be fulfilled."
As for the role of post-Brexit Britain, the report says: "We want the UK to play a central and leading role in the strategic direction of NATO, in full collaboration with other members.
"Global Britain should have at its core a determination that collective action on defence and security is where the country will make a major contribution.
"We anticipate the UK taking the lead where its expertise and experience can drive ideas, develop new thinking and promote action."
Assessing the future of NATO, Mr Robertson said: "Since it was established in 1949, Nato has played a vital role in preserving a way of life based on freedom and liberal values.
"As new threats emerge from an increasingly aggressive China and Russia, the alliance must step up to meet them and demonstrate its enduring importance in a more uncertain world.
"Failure to do so risks imperilling global security and undermining the prosperity and stability that Nato has helped to create for more than 70 years.
Excerpt from:
China threat: Beijing plotting massive territorial gains - with warning issued for Taiwan - Express.co.uk
Posted in NATO
Comments Off on China threat: Beijing plotting massive territorial gains – with warning issued for Taiwan – Express.co.uk
Trump said that he does not want the US to leave NATO – FREE NEWS
Posted: at 9:59 pm
US resident Donald Trump said in an interview with newspaper columnist Mark Thyssen that he does not want the United States to leave NATO, but the allies must pay dues.
According to former White House national security adviser John Bolton in his book, The Room where it happened: the White House memoir, Trump wanted to threaten NATO leaders at the 2018 summit with the US leaving the Alliance if they did not pay contributions of 2% of GDP. According to him, after that, he discussed Trumps threat to withdraw from NATO with Secretary of state Mike Pompeo; they decided to convince him to stay in the Alliance, but perhaps by reducing US contributions. As a result, in his speech, Trump did as Bolton advised him he declared his support for NATO, but criticized those countries of the Alliance that still have small defense budgets.
In an interview with Thyssen, Trump complained that 2% of GDP is also too little.
There were those who paid almost nothing, and now they are paying. And they asked me an important question: You would leave if and I answered: Yes, I would leave. And if you dont give that answer, theyre not going to pay, said Trump, whose words are quoted by Thyssen in his article published by the Washington Post.
When asked by a columnist whether Trump wants the US to leave NATO, Trump replied in the negative. No, I dont want to leave But I want them to pay their fair share, Trump said.
More:
Trump said that he does not want the US to leave NATO - FREE NEWS
Posted in NATO
Comments Off on Trump said that he does not want the US to leave NATO – FREE NEWS
University lecturer who part of the NATO Peacekeeping after the Srebrenica genocide reflects on the 25th anniversary – The Northern Echo
Posted: at 9:59 pm
Jeremy Cook, Pro-Vice-Chancellor, who was part of the NATO Peacekeeping force in Bosnia after the Srebrenica genocide, and student Admir Meskovic talk about their experiences on this years anniversary
The atrocities committed in the Bosnian War were truly frightening and I witnessed first-hand the suffering of the victims as we helped them rebuild their lives.
My time in Bosnia taught me that we must always remain vigilant to the threat of those who incite intolerance, hate and discrimination.
So says Jeremy Cook, Pro-Vice-Chancellor (Colleges and Student Experience) at Durham University, reflecting on the 25th anniversary of the Srebrenica genocide.
In July 1995, over 8,000 people mostly Bosniaks in and around the town of Srebrenica, part of modern day Bosnia and Herzegovina, were killed by units of the Bosnian Serb army under the command of Ratko Mladic.
The graves at Srebrenica Picture: AMRA MUJKANOVIC
The United Nations had declared Srebrenica a safe area under its protection, but failed to prevent the towns capture or the subsequent massacre.
Prior to joining Durham University, Mr Cook served with the British Army and in 1995 he was part of the NATO Peacekeeping force in Bosnia a few months after the Srebrenica genocide.
Last week was the UKs Srebrenica Memorial Week for 2020, with remembrance activities taking place across the region. In Durham, Srebrenica genocide flags were flown from Durham Cathedral; Durham Castle, home to University College, Durham; and County Hall, headquarters of Durham County Council.
Flying the flag in Durham Picture: GAVIN WORT
The Very Reverend Andrew Tremlett, Dean of Durham, encouraged people to pray for continuing peace. Cllr Angela Surtees, Durham County Councils Cabinet member for social inclusion, said the lesson of Srebrenica was that hatred and intolerance can flourish if left unchallenged.
Admir Meskovic was only a child when the Bosnian War started. Fearful of what was to come, his family relocated to live with relatives. It proved to be a wise choice: not a single bomb exploded in their new home town during the four-year conflict.
Nevertheless, the young Admir was close enough to hear explosions and the movement of hostile tanks. He recalls his family turning out the lights to avoid hostile attention, sleeping in jeans in case you had to move quickly during the night and child refugees from the region around Srebrenica living in his home.
Now studying for an MBA at Durham University Business School, Admir reflects: There are frightening stories of those people who survived that hell. Not many, because few have survived. These kind of stories cannot be paraphrased, you have to hear directly from a person witnessing the horror.
Admir Meskovic
This includes my peer, a then-seven-year-old boy Fahrudin who survived the mass executions of civilians from his village, including his father. Fahrudin was wounded in his arm and leg, and was saved by the Red Cross driver who noticed that something was moving in the mass of dead bodies that was waiting to be transported to the mass grave.
The driver who saved the young boy was not considered a hero, however. He suffered the consequences because of his betrayal during his life, and his funeral later was attended by only the closest relatives.
If we say that it is important to remember the Srebrenica genocide, we talk about something that happened in the past and finished. It is incomparably more tragic to see that the ideology which led to genocide is still live and active.
The annual Memorial Week is co-ordinated by the Remembering Srebrenica charity and this years theme was Every Action Matters. Lucy Adams, chair of the charitys North East board, said she was delighted to see Durhams University, Cathedral and County Council marking the anniversary.
Just some of the names of the people who died
County Durham has long-standing links with Bosnia and Herzegovina. During the 1984-5 Miners Strike, miners from Tuzla sent aid to striking miners in the North-East. Then during the war, Durham miners reciprocated, sending aid to Tuzla.
Durham University also has links with the area through its School of Government and International Affairs and the Durham Global Security Institute. Dr Stefanie Kappler, an Associate Professor in Conflict Resolution and Peacebuilding, has conducted extensive fieldwork in Bosnia-Herzegovina.
With Dr Lydia Cole and the University of Manchester, she is currently working on a project exploring how art can be part of peace processes, with Bosnia-Herzegovina as one of four case studies. She has also researched how the ways past atrocities are remembered can impact the quality of peace in the present.
In April 2018, Dr Kappler organised for the interreligious choir Pontamina, from Sarajevo, to perform at Durham Cathedral. The event featured Nedzad Avdic, a Srebrenica survivor, telling his story and Dave Temple, from the Durham Miners Association, speaking about the historic links between Durham and Tuzla.
Srebrenica graves Picture: Rooful Ali
Speaking about this years Memorial Week, Smajo Beso, a former Bosnian refugee who is now an architect and lecturer at Newcastle University, said: We were warmly welcomed to the North-East more than 25 years ago and supported by the incredible people of this region. I dont think you will find anyone in our community that hasnt lost a loved one or that isnt still suffering with the traumatic effects from the war.
But now to have our pain and suffering acknowledged in such a visible way is incredibly powerful and cathartic. Were a small community but we all proudly call the North-East our home. Thank you to all those that have supported us and continue to do so.
For more information, please visit: srebrenica.org.uk
See original here:
University lecturer who part of the NATO Peacekeeping after the Srebrenica genocide reflects on the 25th anniversary - The Northern Echo
Posted in NATO
Comments Off on University lecturer who part of the NATO Peacekeeping after the Srebrenica genocide reflects on the 25th anniversary – The Northern Echo
What We Learned From New FOIA Documents About The DOJs Wire Act Opinion – OnlinePokerReport.com
Posted: at 9:58 pm
Freedom of Information Act documents turned over to New Jersey paint more of a picture of what happened leading up to and in the wake of the Department of Justices decision to alter its opinion on the federal Wire Act in 2018.
Online Poker Report has received the results of the request from NJs attorney general. AG Gurbir Grewal was looking for information relating to outside groups lobbying efforts in the FOIA request. In particular, he was trying to find a link between the DOJ opinion and casino magnate Sheldon Adelson, a longtime opponent of online gambling in the United States.
The 2018 Wire Act opinion from the Office of Legal Counsel changed the DOJs stance on the Wire Act, saying it applies to all forms of interstate gambling, not just sports betting. That stance threatens the legality of online casinos, online poker and online lotteries in states that have legalized any of those things, in addition to other things, including multi-state lottery products.
A federal court has already rejected the new DOJ memo; the case is still active in appeals court.
Heres what we learned from the FOIA documents. While there is no smoking gun linking Adelson or his lobbying group to the DOJs change on the Wire Act, it does detail interactions between the department and outside sources.
All documents and emails referenced below are from the FOIA request.
The FOI uncovered that as early as March of 2017, some at the DOJ were already looking at changing the departments opinion on The Wire Act. According to guidance from the DOJ in 2011, the Wire Act applied only to sports betting and other forms of gambling that might cross state lines.
This correspondence took place more than a year and a half before the new OLC memo (written in 2018, and released in early 2019). It also roughly coincides with outside efforts to effect this change from a law firm (Cooper and Kirk) that works with the Coalition to Stop Internet Gambling. CSIG is believed to be bankrolled by Adelson.
Heres an email from February of 2017, an introduction of a lawyer for a firm that works with CSIG, that likely led to a memo from Cooper and Kirk on the Wire Act.
That led to email exchanges in 2017 where CSIG lawyers were interacting with the DOJ in March and trying to set up a meeting. The email below is from Acting Chief of Staff and Counselor to the Assistant Attorney General James Mann:
More on DOJ actively engaging with someone from Steptoe on the issue, which seems to imply the DOJ working actively with outside sources regarding the Wire Act opinion:
CSIG, as we already knew before the FOIA, submitted its Wire Act memo in April 2017:
The issue continued to have momentum in May:
Graham is Sen. Lindsey Graham, who has long advanced Adelsons agenda on other topics as well as online gambling.
The issue made its way to Deputy Attorney General Rod Rosenstein a week later in a memo that was entirely redacted except for a footnote:
While not a smoking gun, it would be quite the coincidence if these lobbying efforts started and the reaction started soon thereafter. The DOJ attempts to distance itself from those lobbying efforts in answering reporters questions after the Wire Act opinion was released in 2019:
Interestingly, the CSIG had a press release ready to go soon after the Wire Act opinion was released.
Then acting Attorney General Matthew Whitaker denied any influence in the crafting of the opinion.
Regardless, a lot of the heavy lifting on the early understanding of the Wire Act opinion happened well in advance of the opinion actually dropping, and a lot of people in the DOJ were thinking about it.
This is perhaps not shocking, as the DOJ is part of the executive branch.
Nevertheless, multiple people at the White House (WH below) were interested in what was going on around the Wire Act. This could just be standard operating procedure to loop in White House on a change in the interpretation of the law, but there was a lot of White House interest.
Here is an email chain that came just as Online Poker Report broke the news that a Wire Act opinion was coming (the Twitter post referenced is a link to OPRs story in December):
More from a few days later:
More after the opinions release:
The FOIA request had hoped to turn up more evidence that Adelson was working with the DOJ and/or the White House to change the Wire Act interpretation. While it didnt do that, it did demonstrate a lot of White House involvement that could potentially be explained by the normal course of business.
Adelson has been a large donor to the campaign of President Donald Trump and has demonstrated he has the presidents ear on other issues.
The FOIA request also turned up lots of correspondence with the DOJ about the 2011 and 2018 Wire Act opinions.
Notable, former US Sen. Ron Paul urged the DOJ to keep the opinion in place way back in June of 2017:
Its not entirely clear why Paul was writing this at this exact moment in time, but he had been an opponent of repeated Congressional efforts to change the Wire Act to cover online gambling.
Former Nebraska attorney general Jon Bruning also wrote the DOJ asking for the 2011 opinion to stand, according to the FOIA documents.
The FOIA also includes a number of other letters regarding the status of the opinion before and after it was issued.
A sidenote to all the documents in the request: Shortly after the US Supreme Court ended the federal ban on sports betting, the NCAA and the NFL had a meeting with the DOJ. This had been previously reported.
Its not clear if the Wire Act would have come up at this meeting, but it is included in the FOIA documents:
A letter from the NCAA and NFL to the DOJ did mention the Wire Act in passing.
The rest is here:
What We Learned From New FOIA Documents About The DOJs Wire Act Opinion - OnlinePokerReport.com
Posted in Ron Paul
Comments Off on What We Learned From New FOIA Documents About The DOJs Wire Act Opinion – OnlinePokerReport.com
RONALD PAUL FORD SR. – Obituaries – The Times – The Times
Posted: at 9:58 pm
WednesdayJul15,2020at12:01AM
Ronald Paul Ford Sr. Ambridge Formerly of Moon Township Ronald Paul Ford, Sr., passed away peacefully on July 11, 2020, at the age of 63. Born on August 5, 1956, in Sewickley, he was the son of the late Elizabeth and Henry Ford, Sr. Ronald loved cars and spending time with his beloved grandchildren. Ronald is survived by his children, Heather Ford of Daytona Beach, Fla., Holly Neff (Ron) of Ambridge, and Jason Ford of Ambridge; 11 grandchildren; and siblings, Susan Hillman of Sewickley, Linda McDermott (Roger) of Ambridge, Diane Hathaway of Ambridge, Henry G. Ford Jr. (Clara) of Hampton, Va., and Garry P. Ford Sr. (Darlene) of Bedford. In addition to his parents, Ronald was preceded in death by his son, Ronald Ford Jr. and his brother, Terry A. Ford. Visitation will be held at COPELAND SEWICKLEY FUNERAL HOME, 702 Beaver St., http://www.copelandfuneralhomes.com, on Thursday, July 16, from 4 to 7 p.m. where his funeral service will be held on Friday at 11 a.m. Burial will follow in Sewickley Cemetery.
Originally posted here:
RONALD PAUL FORD SR. - Obituaries - The Times - The Times
Posted in Ron Paul
Comments Off on RONALD PAUL FORD SR. – Obituaries – The Times – The Times
NEWS WATCH: Beasts of the Black Hand 2 From Paul Harding, Ron Marz and Matthew Dow Live on Kickstarter Now – Comic Watch
Posted: at 9:58 pm
The BEASTSare unleashed once again! Created by sculptorand artistPaul Harding,the dieselpunk horror-adventureBEASTS OF THE BLACK HAND, is returning with an all-new graphic novel.BEASTS OF THE BLACK HAND Volume 2: The Viking Leagueis now on Kickstarter, with a campaign to produce a hardcover sequel to the landmark initial volume, viaOminous PressandCreation.Ink.
Written byRon Marz, drawn byMatthew Dow Smith, and colored byNanjan Jamberi, the sequel will be a lavish, 64-page oversize hardcover, just like Volume 1, which was produced thanks to a highly-successful Kickstarter campaign. Once successfully funded, Volume 2 is expected to be released in December.
Set at the close of the First World War in a world where dieselpunk technology is transforming the world, Volume 1 introduced British secret agent Oswald Rayner as he assassinated the Mad Monk, Rasputin. Rayner is charged with battling the nefarious Black Hand, a secret cabal of sorcerers bent on unleashing monsters upon Europe. Rayner is aided by a team that includes his driver and mechanic, Biffy Dunderdale; French Hello Girl Oleda Marchand; and American war hero Henry Johnson.
Having thwarted Maria Rasputins machinations to destroy the Versailles peace conference, Volume 2 finds Rayner and his team battling the Black Hand in Eastern Europe, as well as Germany, where the fascist Viking League is rising to power. Meanwhile, a mysterious figure known as the Teutonic Knight has appeared in Berlin, his loyalties unknown.
Im so excited to reunite with Ron and Matt forVolume 2.Everythingaboutthis story is bigger, better, and darker. Were really turning loosethe monsters in this one,Paul Harding said.
Both Volumes 1 and 2 will be available will be available via the Kickstarter, with standard covers byMatthew Dow Smith, and limited sculpture variant covers byPaul Harding. Other rewards include collectible, limited-edition, single-issue comics with exclusive variant covers by artists includingMatthew Dow Smith, Eric Powell, Mike McKone, Mark Nelson, Meghan Hetrick, and others. Additional variant covers will be announced throughout the campaign by an all-star collection of artists, includingRachael Stott, Tom Mandrake, and more.
There are also sculpture rewards crafted byPaul Harding and Creation.Ink, limited-edition prints, and T-shirts.
Paul Hardingis a sculptor whose work has premiered through DC Collectibles, Gentle Giant, MarvelLegends, Sideshow, and more. Legendary writerRon Marzhas worked for every major publisher with acclaimed runs onSilver Surfer, Green Lantern, Witchblade, and others.Matthew Dow Smith, known for both his art and writing, has art credits ranging fromBatmanandWonder WomantoDoctor WhoandX-Files.
The Kickstarter campaign is live now, and ends on Aug. 13.
NEWS WATCH: Beasts of the Black Hand 2 From Paul Harding, Ron Marz and Matthew Dow Live on Kickstarter Now
Like Loading...
Storytelling has been a passion of mine for as long as I can remember, I look forward to offering opinions and insight on some of the best stories being told today.
Read the rest here:
NEWS WATCH: Beasts of the Black Hand 2 From Paul Harding, Ron Marz and Matthew Dow Live on Kickstarter Now - Comic Watch
Posted in Ron Paul
Comments Off on NEWS WATCH: Beasts of the Black Hand 2 From Paul Harding, Ron Marz and Matthew Dow Live on Kickstarter Now – Comic Watch
Five Years On, Ethereum Is the Minecraft of Crypto-Finance – CoinDesk – CoinDesk
Posted: at 9:58 pm
Camila Russo is the founder of The Defiant and author of The Infinite Machine, the first book on the history of Ethereum, which launches today. Read an extract here.
Almost five years ago on July 30, 2015, part of the Ethereum team had gathered in Berlin to see the network they helped build go live. A big screen overhanging their worktables served as the countdown clock for when the test network reached block 1,028,201. Thats the palindrome and prime number they picked as the key which would launch the mainnet. Others were waiting for the launch in Ethereum hubs in Amsterdam, Toronto, New York and Zug, Switzerland.
It was the culmination of months of work, where core developers did the heavy lifting on the technical side, but which also included designers, marketers, and community managers.Ethereans knew a distributed network with no community would fail.
Ethereum turns five on July 30, 2020. CoinDesk is marking five years of Ethereum with a series of retrospective stories and live-streamed Twitter conversations. There are even some Easter eggs for eagle-eyed readers. Tune in to our CoinDesk Live sessions July 27-31 at 4 p.m. Eastern each day or call +1 (661) 4-UNICRN.
Early Ethereum team members had also spent endless hours with lawyers leading up to the ether sale, some co-founders had gone through bitter fights, while many others had ravaged their savings working with no salaries towards one goal: Making the vision Vitalik Buterin laid out on a white paper in November 2013, a reality.
Its happening
When the test network hit the predetermined block at 4:26 p.m. in Berlin, a meme of Ron Paul, jubilant, with his arms up and surrounded in green laser beams and white block letters that read ITS HAPPENING, popped up on the monitor. The Ethereum team opened a bottle of champagne while rocket emojis filled chat rooms.
The Ethereum network quickly left other blockchain upstarts behind and has since grown to become the second-largest cryptocurrency after bitcoin, with ethers market capitalization (as of writing) at just under $30 billion.
Minecraft of crypto-finance
But a better measure of success is to examine whether Ethereum builders achieved what they set out to do. Ethereum aims to be a fully-fledged, Turing-complete (but heavily fee-regulated) cryptographic ledger, which allows developers to build any application they can dream of on top, Vitalik wrote in the white paper, which inspired early team members to drop everything and join him in building it.
Rather than being limited to a specific set of transaction types, users will be able to use Ethereum as a sort of Minecraft of crypto-finance that is to say, one will be able to implement any feature that one desires simply by coding it in the protocols internal scripting language, he wrote. Minecraft is a sandbox-style video game, which gives players flexibility to explore and build whatever they want in the games virtual world.
Vitalik, who was 19 years old at the time, listed on the Ethereum white paper the applications he envisioned could be built on top of this generalized platform:
Sub-currencies representing assets such as USD or gold to company stocks and even currencies with only one unit issued to represent collectibles or smart property.
Financial derivatives, such as hedging contracts. He notes that financial contracts of any form do need to be fully collateralized; the Ethereum network controls no enforcement agency and cannot collect debt.
Identity and reputation systems where users can register their names in a public database alongside other data, for example, for domain-name systems.
Decentralized Autonomous Organizations, which replicate traditional companies but use blockchain technology for enforcement. The entity would have shareholders who collect dividends and decide how the corporation automatically allocates its funds, using either bounties, salaries or even more exotic mechanisms such as an internal currency to reward work.
Also listed were crop and generic insurance, decentralized data feeds, gambling and prediction markets, a full-scale on-chain stock market and an on-chain decentralized marketplace.
Five years later, all of the use cases envisioned by Vitalik have become a reality, though some with more success than others.
Sub-currencies success
What Vitalik called sub-currencies what we now know as tokens, stablecoins and NFTs have arguably been the most successful applications on Ethereum so far. Valued at over $33 billion, Ethereums ERC-20 tokens represent almost 13 percent of total cryptocurrency market capitalization, according to Etherscan. Together with ether, all of the Ethereum ecosystem is about one-fourth of crypto.
The innovation of entrepreneurs being able to issue their own coins and sell them to anyone in the world in fundraising rounds, which for the first time didnt need venture capitalists or banks, helped fuel one of the most spectacular speculative manias in 2017-2018. This past year, most growth has come from stablecoins, with tokens pegged to the value of the U.S. dollar trading at about $12 billion thats about three times stablecoin market cap a year ago, according to Messari data most of which is on Ethereum, due mainly to Tethers migration to the network.
Non-fungible tokens and their marketplaces had their biggest moment with CryptoKitties in late 2017, but the space is arguably one of the brightest spots for innovation within Ethereum, with use cases from in-game items to art and limited-edition fashion.
Dexs and derivatives
On-chain stock exchanges are todays decentralized exchanges. While they still represent a fraction of total volume traded on centralized crypto exchanges, growth has been staggering. Almost $5.7 billion have traded so far on DEXs this year, or more than twice the value trading hands in all of 2019, according to Dune Analytics. Beyond volume metrics, DEXs are delivering on the cypherpunk dream of seamless, global, non-custodial trading of cryptocurrencies.
Financial derivatives are also flourishing. Synthetic assets platforms such as Synthetix and UMA allow almost any assets to be represented on the Ethereum blockchain, while margin trading platforms such as dYdX have enabled futures trading, the most popular asset in centralized crypto finance.
Meanwhile, lending platforms including Compound and Aave allow users to gain interest on their crypto deposits, and tokenize those deposits so they can be simply bought on an exchange and held in users wallets.
DAOs started out early in Ethereum history as one of the strongest projects. The DAO attracted, at the time, the most capital ever for an Ethereum fundraiser, though we all know how that ended. After a traumatic experience, the Ethereum community steered clear of decentralized organizations for a couple of years, until 2019 ushered a DAO revival. Initially, these entities were focused on distributing donations, but that quickly evolved into for-profit DAOs, like The LAO and VentureDAO.
Ethereum has also given rise to applications in prediction markets, identity systems and insurance, but theyre lagging financial applications in terms of volume and adoption.
Internet of value
Financial applications have had the greatest success on Ethereum so far, arguably because it provides something that just cant be replicated by the current financial system, or by bitcoin, the biggest cryptocurrency. Its a global network thats built to transfer value, and it can also process computer programs to allow for more sophisticated financial transactions. Value held in these financial platforms has soared to more than $2 billion this year, a fivefold increase from a year ago.
Ethereum has successfully become the Minecraft of crypto finance, as Vitalik envisioned. But beyond becoming a platform that can support all these different kinds of applications, the biggest impact is its creating an actual internet of value. Its a network that enables fast, cheap, global value transfers and the ability to program that money to become anything from futures contracts to collectibles to derivatives pegged to stocks, forex and commodities. And its allowing users of this system to take charge of their own assets and data.
Almost any network metric will show there is demand for permissionless, trustless systems. Active addresses are near a record at just under 568,000, a stone throws away from bitcoins 745,000, according to CoinMetrics. Transaction fees paid to the networks miners have surpassed bitcoins, while daily transaction count is almost four times that of the biggest cryptocurrency at about 1 million, the data show.
A good problem to have
The question isnt whether theres demand for Ethereum, but whether the network will continue developing fast enough to meet that demand. The wait for ETH 2.0, which would allow Ethereum to scale, has been a constant in Ethereums history. A barebones proof-of-stake chain, which was slated to launch early this year, has been delayed and now its unclear whether it will launch this year at all.
But progress with Layer 2 solutions, which take transactions off-chain, has been encouraging. Teams working on Optimistic Roll-Ups are testing prototypes, while solutions using Plasma and Zero Knowledge technology are live right now and able to handle thousands of transactions per second. While the wait for ETH2.0 continues, the wait for Ethereum scaling is over.
The next five years will be about strengthening these scaling solutions and making these financial applications more robust and secure. It will also be necessary to create better crypto onramps and building apps in the less developed areas of Ethereum, like identity and insurance. The result will be this Minecraft of finance stops being an insiders secret and more players can join.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Read the original here:
Five Years On, Ethereum Is the Minecraft of Crypto-Finance - CoinDesk - CoinDesk
Posted in Ron Paul
Comments Off on Five Years On, Ethereum Is the Minecraft of Crypto-Finance – CoinDesk – CoinDesk
Baton Rouge Police investigating officer who used knee to restrain 17-year-old suspect – WDJT
Posted: at 9:58 pm
By Andy Rose, CNN
(CNN) -- The Baton Rouge Police Department is investigating a traffic stop earlier this month that ended with an officer using his knee to restrain a 17-year-old boy.
The department says it was prompted by video shot by a bystander and posted to social media, appearing to show the suspect face-down on the street with an officer's knee over him as his hands are in the process of being restrained.
"We must make sure that we have conducted a process based solely on the law, and not on emotions," Chief Murphy Paul said at a Monday news conference. The chief says they can't reveal the 17-year-old's name or what led to the boy's restraint because he is a juvenile. "I just spoke to the family of the young man, and I can tell you they are upset," said Chief Paul.
The department released bodycam and dashcam video Tuesday -- showing portions from several angles of the July 6 incident -- after getting permission from a juvenile court judge. The apprehension followed a 54-minute police chase in which the juvenile was a passenger.
Internal Affairs Commander Sgt. Myron Daniels says a key factor in determining whether the officer's force was justified will be the exact placement of the officer's knee. "A knee on a back is used as a control method, but not on the neck. The neck is off-limits," Daniels said. "And as you can see, based on that, at no point was the subject, the juvenile's air restricted in any way."
But an attorney for the juvenile's family tells CNN affiliate WAFB they don't think the location of the officer's knee is the critical issue. "When you are on your knees with your hands up, you don't get much more submissive than that," said Ron Haley Monday night. "Why was he handled in such a rough manner? He was not armed. He was not posing a threat."
The two officers involved in the 17-year-old's restraint have not been identified, but Sgt. Daniels says they are both on paid administrative leave during the investigation. "I promise you as your chief of police that we will conduct a thorough investigation," Chief Paul said.
The-CNN-Wire & 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved.
Original post:
Baton Rouge Police investigating officer who used knee to restrain 17-year-old suspect - WDJT
Posted in Ron Paul
Comments Off on Baton Rouge Police investigating officer who used knee to restrain 17-year-old suspect – WDJT
Haines businesses will have another chance to apply for CARES Act funding – KHNS Radio
Posted: at 9:58 pm
Haines businesses will have another chance to apply for CARES Act funding, the biomass project is officially terminated, and SEARHC will provide COVID-19 testing for asymptomatic travelers to Haines.
The Haines Borough Assembly voted to reopen the application window for Haines Small Business Emergency Grants, since over half the money remains unspoken for. That was at the request of Borough Finance Director Jila Stuart. She said there are several reasons that businesses have not applied.
Theres been a lot of confusion about whether or not accepting a municipal CARES Act grant will make a business ineligible for the Alaska CARES program which offers a lot more money than were offering, she said.
That remains unclear. Some businesses could not apply because their business licenses are not up to date. Some tax exempt businesseslike childcare and healthcare servicesdid not file their tax returns and were therefore ineligible for grants. The assembly voted against including them. The application will remain open until July 31st.
The Haines Borough will pay Southeast Regional Health Consortium $50,000 to test asymptomatic travelers at the Haines Health Clinic. In July SEARHC began offering free testing to asymptomatic on the weekend.
Acting borough manager Alekka Fullerton said the additional funds are to reduce testing delay for travelers who arrive midweek.
If someone comes in on the ferry for instance on Sunday, they would wait a whole week to be tested and a whole nother week to get their results back. Meanwhile theyd be running around Haines without testing or results, Fullerton said.
The motion passed unanimously.
The assembly voted to abandon a plan to heat municipal buildings using a biomass boiler. Assembly member Stephanie Scott was opposed. Public facilities director Ed Coffland said the years-long, repeatedly postponed project is uneconomical.
Assembly member Paul Rogers moved to nix the project.
We dont have another million and a half dollars and I dont see us having another million and a half dollars in the foreseeable future. I think its ridiculous to try to proceed to try to proceed and keep putting a band-aid on an arterial bleed, he said.
Coffland said roughly $900,000 in grant funding for the project will be returned to the grantor later this year.
Haines resident Ron Jackson requested that the assembly formally reprimand Assembly member Paul Rogers for the way he behaved around the firing of former borough manager Debra Schnabel.
Jackson said Rogers should be censured for attempting to usurp the supervisory authority of the assembly and for belittling the manager in a public meeting.
The assembly voted 4-2 against censuring Rogers with Zephyr Sincerny and Stephanie Scott in favor. Assembly member Gabe Thomas said a reprimand would only increase divisiveness.
Read the rest here:
Haines businesses will have another chance to apply for CARES Act funding - KHNS Radio
Posted in Ron Paul
Comments Off on Haines businesses will have another chance to apply for CARES Act funding – KHNS Radio
An Update and Behind the Scenes: FDA’s Coronavirus Treatment Acceleration Program – FDA.gov
Posted: at 9:57 pm
By: Stephen M. Hahn, M.D., Commissioner of Food and Drugs, Patrizia Cavazzoni, M.D., Acting Director, Center for Drug Evaluation and Research, and Peter Marks, M.D., Ph.D., Director, Center for Biologics Evaluation and Research
When the U.S. Food and Drug Administration learned of the novel coronavirus (COVID-19) and its potentially devastating effects, we acted swiftly to set the regulatory stage for drug and biologics manufacturers to develop products to treat this serious disease. To meet this urgent need, the FDA created the Coronavirus Treatment Acceleration Program (CTAP) to enable the FDAs Center for Drug Evaluation and Research (CDER) and Center for Biologics Evaluation and Research (CBER) to leverage cross-agency scientific resources and expertise to bear on COVID-19 therapeutic development and review. Were excited to say that there are now more than 510 drug development programs in planning stages, and as of today, the agency has reviewed more than 230 trials of potential therapies for COVID-19.
While the FDA is part of a whole of government approach to COVID-19, CTAP is a distinct component of this effort focusing specifically on therapeutics, not vaccines or devices. Another major initiative of the U.S. government, Operation Warp Speed (OWS), funds and rapidly develops or co-develops vaccines, therapeutics, and diagnostics, while the FDA, through CTAP, regulates therapeutic development. There is a clear delineation between OWS executive actions and FDA regulatory decision-making.
The FDA recognized that there would be a need for early and frequent discussions between the agency and potential therapeutic product developers. So early on, we set up an email inbox for COVID-19 therapeutic development inquiries, COVID19-productdevelopment@fda.hhs.gov. It helps researchers and developers get directed to the right person on the first try and enables us to track inquiries.
Each inquiry the FDA receives is reviewed by a triage team that is composed of experienced clinical reviewers, other scientific reviewers, policy experts and regulatory project management staff. The team strives to acknowledge receipt within 24 hours. These staff help those with proposals for potential COVID-19 therapeutics identify and add any information necessary to ensure that the proposal is complete enough for productive discussion. Then, the team sends the proposal with a brief synopsis to the right organizational unit within the FDA for review by disease area experts.
Teams of experienced clinical reviewers and regulatory affairs experts in CDER and CBER provide outreach and regulatory advice to less experienced inquirers. Preliminary, partially-formed inquiries go to them before they are assigned to product review teams to determine next steps for engaging with the FDA, including what regulatory submission is appropriate, what to include in that submission, and how to submit it.
Once individual inquiries develop into proposals, our discussions with sponsors can then meet several key milestones:
We will continue to report the number of active drug development programs, studies underway, EUAs and approvals at our CTAP program dashboard monthly.
Behind the scenes of CTAP, office leaders within CDER and CBER align our efforts across therapeutic areas, scientific disciplines, and organizational units. Clinical, operations and policy supervisors meet regularly to discuss staffing support, trial design, endpoint selection, and consistency of practice and expectations for COVID-19 submissions. Clinical and biostatistical experts meet regularly to share information, advance our scientific understanding and develop consistent approaches. Senior leadership stay actively engaged on key drug and biologic development and review issues.
When CTAP started, we achieved extraordinary turnaround times for certain significant inquiries and proposals, to get key studies going rapidly. For therapeutic development programs with strong rationales and evidence, we continue to dramatically exceed standard timelines. We have found that a complete pre-IND submission is the key to expediting comprehensive pre-IND advice, more rapid review of the subsequent IND and more rapid clinical trial initiation.
While we have shortened our timelines, our regulatory review and decision-making processes have not changed. Interactions with review teams follow our usual stable, predictable, and flexible process. We give all researchers and developers our best advice, apply our legal and regulatory standards, and make decisions on the basis of the science and the data.
Safe and effective COVID-19 therapeutics and other medical products are a very high priority at the FDA. We understand the impact of this public health emergency and approach our role in facilitating the development and availability of important medical products with the strongest sense of urgency.
Read the original:
An Update and Behind the Scenes: FDA's Coronavirus Treatment Acceleration Program - FDA.gov
Posted in Corona Virus
Comments Off on An Update and Behind the Scenes: FDA’s Coronavirus Treatment Acceleration Program – FDA.gov







