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The Evolutionary Perspective
Monthly Archives: March 2021
The Evolution and Changing Role of Safeties – Sports Illustrated
Posted: March 16, 2021 at 3:05 am
Cleveland Browns defensive coordinator Joe Woods aspires to play a defense with three safeties on the field, so former head coach Jim Mora Jr. explains the evolution and changing role of the position in defenses.
The Browns drafted Grant Delpit as the first pick on the defensive side of the ball under this new regime. Unfortunately, he suffered a ruptured Achilles' Tendon and missed his entire rookie season. They also went out and traded for Ronnie Harrison, who was a really nice addition to the defense.
The Browns could decide to resign Karl Joseph and have him play the third safety role or look for help elsewhere.
Between an NFL that is getting faster and spreading out more, the importance of the safety position has increased significantly for a number of defenses. Being able to coverage and run without giving up the necessary size to make tackles and stop the run.
This is particularly important in the current AFC landscape where the AFC championship was played between the Buffalo Bills and Kansas City Chiefs. Neither team had much of any running attack, so having defensive backs that can cover while keeping the run in check are invaluable.
The Tennessee Titans are a team trying to go the other way, playing with more size, including Derrick Henry at running back. To their credit, in their matchup with the Titans, the Browns were able to hold Henry in check.
This offseason, the Browns will really have an opportunity to put a stamp on the defense Woods wants to run, including the safety position that should be featured prominently.
READ MORE: What's Reasonable to Expect from Grant Delpit in Year Two?
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The Evolution and Changing Role of Safeties - Sports Illustrated
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Nuno Espirito Santo on Wolves’ evolution, dealing with the coronavirus pandemic and the fight against racism – Sky Sports
Posted: at 3:05 am
For two years, a glance at a Wolves team-sheet rarely told you much you didn't know. Three at the back, Conor Coady marshalling the defence, Jonny and Matt Doherty out wide, Ruben Neves and Joao Moutinho in midfield, Raul Jimenez scoring the goals. Consistency in style, and in selection.
Inside the mind of head coach Nuno Espirito Santo was a question. What next? The secret to consistent success has always been, rather ironically, change. Sir Alex Ferguson once said: "Although I was always trying to disprove it, I believe that the cycle of a successful team lasts maybe four years, and then some change is needed."
This season, we have seen what comes next, partly born out of design. Wolves have experimented with a four-man backline for the first time in Nuno's three-year tenure. The rest has come from necessity, learning how to live without talisman and top goalscorer Jimenez following a long-term injury suffered in November.
"It is a mistake to try to reproduce what you had before," Nuno tells Sky Sports in a sit-down interview ahead of facing Liverpool on Monday Night Football, an opposition going through their own season of transition - and certainly not one they would say was of their own making.
"You have to find a new way. We've been fortunate to come up from the Championship and straight away start competing in the Premier League with seven players in the starting 11 who were already familiar with our ideas. Then the next season again, we competed in the Europa League.
"There were players that were playing every few days, over and over again. So that creates besides strong bonds among players, creates routines, creates knowledge, creates communication that in a normal period will take a lot of time. And when you don't have what you had before, you miss it. But you have to find a new way because things are different."
That Jimenez-shaped hole has played a large part in things being different. Before the striker suffered an accidental but horrific fractured skill against Arsenal, Nuno's side were enjoying their best start to a top-flight season since 1980. But from then on, they have suffered.
His absence has taken the shine off of what had otherwise looked a promising start for the club's "new way". Six Wolves players have featured in the Premier League before their 21st birthday this season. Diogo Jota and Matt Doherty have moved on, Nelson Semedo has arrived from Barcelona and Daniel Podence, when fit, has impressed in attack.
But 17 goals in 18 games since Jimenez's injury have unsurprisingly slowed up their points tally, which would have dropped Wolves just two points above the relegation zone if it had stretched across the whole season.
One thing Nuno does not want is sympathy. Jimenez is arguably the toughest player to replace in Wolves' line-up. Nuno is quick to shoot down any excuse for what, privately, he may consider to be a season below expectations, in an era where no team has escaped the challenges of Covid-19, and on Monday his side will come up against a team missing their own talisman in Virgil van Dijk.
In fact, he would rather focus on the positives.
"It's something that all the teams, the managers and the technical staff are facing," he says. "And this particular season, there have been so many challenges we have faced, since the beginning. Planning has been very difficult, because it's constantly changing in all the aspects of the protocols. For sure, it will make us better and more prepared.
"To go through tough moments, you realise that you have to find new themes, new solutions, which makes you work harder and makes you more focused and relentless in the pursuit of those goals.
"But in the end they will make you better. Myself, I feel that this tough period made me realise things that maybe sometimes I ignore. So I believe that I can become a better person and a better manager."
In some ways, it may have been easier to hold on to Jota and Doherty for another year, and keep doing what Wolves have been doing since 2018. After all, Nuno had set them up to become one of the most predictable but, crucially, effective sides in the Premier League.
Even with a desire to freshen things up, he has not always found it easy to blend that evolution with the best bits of his side's existing identity.
"It's challenging, challenging," he says. "It requires dedication, commitment of everyone in the building. I don't make a difference between the seasons; the first season we had this, second season we had this, or the first season in the Championship we had this. It's always a daily process.
"Always, new things are happening to you. New demands are being made, you have to adapt. You have a player whose performance goes down, you have to improve his level of performance again, you have to establish new routines, new work. And it's challenging, challenging."
His short-term strategies feeding into long-term thinking are the preserve of any successful manager, and for Nuno also a measure of his wider personality.
In what has been a year like no other, taking a knee has provided a beacon for change for many in football and beyond. But some figures, and clubs, have decided it has run its course. Some say it has stopped having an impact, and is no longer fuelling change.
Rightly or wrongly, but typical of his holistic thinking, Nuno does not see it that way. And the only Black manager in the Premier League is in no mood to give up.
He said: "It will take a lot of time, possibly more than one generation. So I truly believe that is important that we keep pushing and showing that we need to change.
"Any kind of racism, all these situations, this is not only for Black people, Black or Asian or minorities, it is for everybody to realise that we need to try to eradicate racism.
"Taking a knee is just one of many, many things that we should do. It's a public situation. But there are many situations that are not so public - when we face something, and we feel that it is racist, we should speak, show our opinion. Even if it is in a private way. This is the better way to change things in the future.
"I see changes, I see people more concerned about it. Young people really showing that there is no difference between us. And I will continue. I'll continue, as long as I believe and I feel it, I will do so."
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The Evolution of Vape Technology — A revolution for the E-cig industry inspired by Nikola Tesla – PRNewswire
Posted: at 3:05 am
First-generation vape technology was basic, where direct power output to the coils could not be adjusted. With the push of a button, or by simply inhaling, the battery heated coils, changing the eliquid into vapour to deliver nicotine and flavours.
Second-Generation vape technology introduced variable voltage/wattage, where adjusting the power output to the coils increases or decreases heat to personal taste. With adjustable voltage/wattage technology, vaporizers became smarter and more user-friendly. The device chipsets read the coil resistance then automatically calculated power output to provide a safer, personalized experience across devices and tanks. The simplicity of variable wattage has made it the most widely used vape technology today, especially in intermediate and advanced ecigs.
Third-generation technology with Temperature Control utilized more advanced chipsets and new types of coil materials. Designed to eliminate dry-hits and reduce potential harm from damaged cotton wicking, third-generation vape technology used resistance-temperature correlation to calculate coil temperature based on detected coil resistance. Due to limited choices of coil materials and coil performance issues, temperature control is not used as widely as wattage mode.
Alternating Current Mode (ACM) is the Fourth Generation of Vape Technology. Earlier generations of vaporizers all used direct-current to power coils in a single direction. Alternating Current Mode sends electricity through the coil in both directions.
"Our goal in developing Alternating Current Mode is to provide vapers with an even better experience and the vaping industry new ways to grow and improve. This exciting new technology is easy to use, deep in complexity and can be used by all current tanks, coils and pods.We are looking forward to working with experienced users to discover the full potential of this exciting new vape technology in the hope of working together to create a smoke-free future," said Ivan Zhao, CTO from Fourier Technology and PHD of UCL.
Vapers can now adjust the Hertz frequency waveforms as well as the wattage output. This upgraded output provides many advantages over the previous generation's single direction current.
By selecting different types of waveforms and adjusting the frequency, the full spectrum of flavours can be produced from eliquids and specific flavours enhanced.ACM increases the efficiency of heat transfer between the coil and eliquid, which improves flavours, extends coil life and much more.
Alternating Current Mode has been shown to help extend coil life by increasing coil saturation and reducing carbon buildup on coils."
For more information, please visit: http://www.fourierinside.com.
SOURCE Innokin Technology
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10 Years In, Explore the Syrian Conflict in These FRONTLINE Docs – FRONTLINE
Posted: at 3:05 am
In early March 2011, after popular uprisings swept Tunisia and Egypt, a group of young schoolboys in the small Syrian farming town of Deraa, 60 miles south of Damascus, painted messages opposing President Bashar al-Assad on a local wall.
Shortly thereafter, they were rounded up by the governments secret police and reportedly beaten and tortured sparking outrage that would help protests against the Assad regime in Deraa and beyond gather momentum by March 15, the date widely considered to be the start of the Syrian uprising.
As Syrians took to the streets to protest and to call for more freedoms, the response by Assad and his security forces was swift and brutal following a playbook for crushing dissent that his ruling family had honed over 40 years.
But the killings sparked further anti-Assad anger instead of suppressing it, and what began as peaceful protests evolved into an armed opposition movement as the governments tactics escalated. In the coming years, Assad and his allies would attempt to put down the revolution through a variety of means, including airstrikes that killed civilians, the use of chemical weapons and the Russian-aided bombing of hospitals.As foreign actors poured fuel on the fire, the tactics of some opposition groups also grew more brutal. Extremists, including the leader of ISIS, stepped in and exploited the chaos, with ordinary people caught in the middle.
Ten years in, weve collected a number of FRONTLINE documentaries on the origins and evolution of the Syrian conflict and its staggering human toll. Although precise counts are difficult to come by, the United Nations estimated in 2016 that deaths due to the conflict had reached 400,000. The UN Refugee Agency reported in February that more than 6.6 million Syrians have been forced to flee their country since 2011 and another 6 million people have been uprooted from their homes but remain displaced inside the country.
A recent report published under the umbrella of the UN Human Rights Council said that over the course of the conflict, pro-government forces, but also other warring parties, resorted to methods of waging war and used weaponry that minimized risks to their fighters, rather than those minimizing harm to civilians.
The horrors of the conflict, the report said, have left no Syrian family untouched.
Stream the documentaries below, grouped loosely by theme, for a better understanding of the past decade in Syria andjoin FRONTLINE March 26for a virtual event discussing the10th anniversary of the Syrian uprising.
This Oscar-nominated film documented the harrowing realities of the Syrian conflict hospitals bombed, children killed, Aleppo turned to rubble from a rare perspective: that of a mom married to one of the last doctors in the city, trying to raise her baby daughter, Sama, in the middle of the devastation.
Also an Oscar nominee, this documentary followed four children surviving in war-torn Aleppo, their escape to safety in Germany and their adjustment to life as refugees.
This panoramic film told the first-person stories of refugees and migrants fleeing persecution and war worldwide, including in Syria. It incorporated footage filmed by the refugees themselves as they left their homes on dangerous journeys in search of safety, including a harrowing sequence filmed by a Syrian refugee on a sinking dinghy crossing the Mediterranean a journey on which thousands have died.
A sequel to the 2016 film, this documentary followed more migrants and refugees displaced by conflict and expanded on the story of a Syrian family that was initially featured.
Filmed in Syrias rural Orontes River valley, this documentary looked at how the conflict pitted neighbor against neighbor: on one side, a young rebel soldier fighting to the death to bring down Assad, and facing him, a career soldier determined to preserve the regimes hold on power.
From the first year of the conflict, this film looks at how the Syrian rebellion began, how Assad moved to crush it and how his regime originally came to power.
Eighteen months into the rebellion, this documentary examined how Assad held on to power via increasingly brutal means, including attacking civilian neighborhoods, as opposition tactics also escalated.
Filmed inside government-controlled areas of Syria, this documentary examined the contrast between the Assad regimes PR campaign and the reality of life on the ground, as well as why many regime loyalists equated all opponents of Assad with ISIS and the perspectives of some Syrians pushing for a political solution.
With undercover reporting, this film followed members of the Syrian opposition movement who were forced into hiding, revealing accounts of torture by government security forces.
This documentary followed Syrias rebel leaders and warring factions within the opposition movement, finding that some had turned to brutal means.
Believed to be the first in-depth U.S. TV report on the emergence of ISIS, this film showed how, three years into Syrias war, rebel forces were no longer fighting only the Assad regime but were also vying for control against a ruthless group calling itself the Islamic State.
This documentary followed Syrian rebel fighters who said they were being secretly armed and trained by the United States, part of a covert U.S. intelligence program.
This documentary chronicled how President Barack Obama responded to the Syrian uprising, the regimes crackdown and the chaos that followed. The film paid particular attention to deep divisions within the administration about what the U.S.s role should be, including what happened when the White House assessed that the Assad regime had crossed what Obama once called a red line: the use of chemical weapons on civilians.
This documentary traced how the extremist group that would become known as ISIS rose to power, including by taking advantage of the conflict in Syria, and examined the stakes of disagreements inside the Obama administration over whether to provide arms for moderate rebels.
As part of its examination of how ISIS came to be, this documentary recounted how Abu Bakr al-Baghdadi exploited the Syrian uprising and sent agents into Syria to commit bloody attacks and fuel the war, ultimately seizing large swaths of territory and declaring a capital in Raqqa.
This film examined the successes and failures of the U.S.-led effort to degrade and destroy ISIS, including the Obama administrations struggle to deal effectively with the crisis in Syria.
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10 Years In, Explore the Syrian Conflict in These FRONTLINE Docs - FRONTLINE
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Roy Hibbert interview: Two-time All-Star talks about the evolution of big men in the NBA – Firstpost
Posted: at 3:05 am
Two-time All-Star Roy Hibbert talks about how the traditional NBA big-man, around whom he modelled his game, has become extinct while centres have evolved to counter the three-point wave.
File image of Roy Hibbert (right) playing for the Indiana Pacers against the Milwaukee Bucks at Bankers Life Fieldhouse in 2014. Image courtesy: NBAE via Getty Images
Sometime in the 2014-15 season, one of the coaches at Indiana Pacers pulled Roy Hibbert aside for a chat. He wanted to talk analytics with Hibbert, who, by then, had been with the Pacers since 2008 as a traditional centre, a position also referred to as the five-man (the traditional jersey number for centres) or a big-man. The NBA, at the time, was in the early throes of its data analytics revolution, which was nudging the leagues big man into extinction.
That was the time when Golden State Warriors were really popping (shots from outside the arc). Things were changing in the league. The analytics said that the one-on-one post-up shots and the (consequent) one-on-one block is one of the worst shots in basketball. So my post touches started going down as the analytics were saying that shooting more and more threes were the way to win games. It was winning championships for certain teams, recollected Hibbert during a media interaction with Indian journalists on Saturday. I wish I could shoot like Kristaps Porzingis or was as athletic as him. Its a different breed (of big men).
The wave of three-pointers unleashed by the Golden State Warriors took them to the league title in 2015, and then again in 2017 and 2018, with players like Steph Curry and Klay Thompson at the heart of the shooting juggernaut, spearheaded by coach Steve Kerr.
But, more importantly, what it did was stretch the floor, which in turn, made it necessary for the power forwards and centrespositions on the basketball court which required the tallest playersto venture out from under the post to guard these smaller, swifter, and niftier shooters.
The traditional centre that I modelled my game around is going that way (at the risk of getting extinct). Centres that stand in the paint are going extinct. I saw that coming, said Hibbert, who is a two-time All-Star. But thats not a bad thing. Those back-to-the-basket centres are not as seeked after (by teams) as opposed to a floor-spacing five-man or a number five like Joker (Nikola Jokic), who can stretch the floor by playing away from the basket for the Denver Nuggets. The big-mans role is evolving. At the same time, I like seeing how the new guys like Joel Embiid can score from inside and out and also facilitate.
I was just put under the basket and told to shoot jump hooks if needed, while everybody else in team would do the shooting (from mid- or long-range), said Hibbert remembering his own youth basketball days, where he played for Georgetown. On Saturday, he hosted alive clinic for youngsters in India via Zoom. I have a son, who is three years old. But hes as tall as a five-year-old. If he chooses to play basketball, I would tell the teams coach that just because hes the tallest dont make him stay underneath the basket and just shoot jump hooks. He needs to be dribbling, shooting... he cant just be a five-man!
How the NBAs evolution hurt Indian big-men
The evolution of the big mans role on the court has also coincided with Indian players who have come within touching distance of playing in the NBA. At 72, Satnam Singh was drafted by the Dallas Mavericks and assigned to their D League (as the G League was previously known) affiliate, the Texas Legends. Amjyot Singh, who is 68, has had stints with two NBA G-League teams: first, he was drafted by OKC Blue in 2017 where he spent a season and a half and he was later picked by Wisconsin Herd. Palpreet Singh (69) was also close to playing in the G-League.
The newest prospect from India, Princepal Singh (610), can play both as a power forward and as a centre. The 20-year-old just ended his first season in the NBA G-League with the Ignite team featuring some of the top youngsters who will eligible for the upcoming NBA Draft. Despite his promise, Princepal played just 28 minutes over 16 games.
Ignites coach, Brian Shaw, mentioned that it was difficult to hand Princepal more minutes because the G-League was a league of speedy guards.
As you have seen throughout this season, this is not a league for big men. This is a guards league, Shaw had told Firstpost. Most of the teams we have here have at least four guys on the floor between 63 and 66. The biggest guy on the floor a lot of the times is 67. Maybe 68. Theyre all fast. They can all shoot from the outside. They can all handle the ball. Thats not something that Prince is accustomed to facing. So it was hard to put him into a lot of the games.
Big men from abroad
Another trend in the NBA thats been apparent is the proliferation of the big-men from foreign shores. Some of the top centres in the business currently are foreigners, be it Denver Nuggets Nikola Jokic (Serbia), Dallas Mavericks Kristaps Porzingis (Latvia), Utah Jazzs Rudy Gobert (France), Orlando Magics Nikola Vucevic (Montenegro). Add tall power forwards like Milwaukee Bucks Giannis Antetokounmpo (Greece) and Philadelphia 76ers Joel Embiid (Cameroon) to the list and a pattern starts to emerge.
While Hibbert credited Team USA, popularly known as the Dream Team, at the Barcelona Olympics in 1992 with popularising the game around the world and bringing some of the best centres into the league like the German Dirk Nowitzki, he agreed that given the way the NBA evolved into a league where three-pointers were the preferred weapon for many successful teams like the Warriors and the Houston Rockets, colleges with decent basketball programs too changed their tactics to incorporate more three-point shooting to attract the best players.
Im sure college team coaches were thinking that they wanted the best players in the country to come to their school so they needed to teach an NBA-style program. So colleges probably adjusted too. There was a shift there. They needed bigs who could run, space the floor, said Hibbert, who is the son of Caribbean immigrants.
Last season, Hibbert was on the coaching staff of Philadelphia 76ers where he says he would advice young players coming into the league to space the floor and shoot. You have to shoot like Steph Curry. I used to tell young guys that they had to be a threat from the outside too.
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Roy Hibbert interview: Two-time All-Star talks about the evolution of big men in the NBA - Firstpost
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Clubhouse promises its accelerator participants either brand deals or $5K per month during the program – TechCrunch
Posted: at 3:05 am
Amid growing competition from Twitter Spaces and other newcomers, popular social audio startup Clubhouse is making a move aimed at seeding its network with more high-quality content: Its launching an accelerator program. During its weekly town hall event on Sunday, the company detailed its plans for its inaugural accelerator called Clubhouse Creator First, which will initially help around 20 creators get their shows off the ground. To do so, Clubhouse said it will provide creators with anything they need to get started whether thats equipment like an iPhone, AirPods or an iRig, promotional support or help with booking guests, or even a babysitter. Most importantly, Clubhouse is promising the participating creators an income of some sort.
During the town hall, Clubhouse CEO Paul Davison explained that a core part of the accelerator experience will be to help creators get paid for their work. In order to make this happen, Clubhouse will match the creator with a brand sponsor, he said something the company believes will be possible because brands are already reaching out to Clubhouse, looking for opportunities to get involved.
In the case that Clubhouse cant find a brand sponsor for a particular show, the company will just guarantee a basic income of $5,000 per month during the three months the creator is participating in the program.
Presumably, this cushion could help people transition from other projects to focus on their Clubhouse show instead, while also giving them time to grow their audience and form the brand relationships that could sustain their shows longer term.
Clubhouse will also play a hands-on role in helping to develop the shows from the accelerators participants, we understand.
Already, the Andreessen Horowitz-backed social audio app has aided in the success of one of its more popular tech programs, The Good Time Show, co-hosted by the VC firms latest general partner, Sriram Krishnan. His program has regularly featured guests and co-hosts either investing with the firm or connected to it somehow, and has been responsible for some of Clubhouses biggest celeb guests like Elon Musk and Mark Zuckerberg, for example.
That formula could be repeatable, it seems. As Davison noted during the town hall, the company will work on matching creators with guests for their shows. In other words, its helping produce.
Davison also said Clubhouse will offer directed feedback to the accelerators participants, including its opinion on what works and what doesnt, and other deep dive concept development. When the creators shows are ready to launch, Clubhouse will then connect them with creative services to help design promotional materials to market the shows outside of the social app. It may even give the creators invites they can dole out to potential listeners to help them build up the shows initial audience, if need be.
Of course, Clubhouse has been doing some of this kind of work behind the scenes before today, but the accelerator both formalizes the arrangement and devotes dedicated resources to a larger handful of promising creators.
But it also puts Clubhouse in a potentially precarious position with regard to its still underdeveloped moderation practices.
Brands are typically hesitant to associate themselves with problematic or toxic content and will pull out of creator deals and relationships if they find that to be the case. In the past, content moderation failures have led to advertisers exodus from top social platforms like the YouTube brand freeze a few years ago over obscene comments, which necessitated a cleanup of the videos allowed on the YouTube ad network. And last year, Facebook faced its largest corporate boycott to datewhen brands protested the companys failures to properly prevent the spread of hate speech and misinformation on its platform.
Though small by comparison the app now has 12 million global downloads, App Annie says Clubhouse has already been called out for allowing misogyny, anti-Semitism and COVID-19 misinformation on the platform, despite rules against prohibiting this content. Its also allowed for verbal abuse, with some users still being name-called or harassed in Clubhouse rooms. (Weve heard these stories from users directly but will not name names without permission.).
More recently, theres been growing concern about scam artists taking over Clubhouse and the lack of accountability for whats being said. Many so-called experts are happy to go on the app to dole out advice, but when they wade into territory like mental health, they can spread harmful misinformation that can really hurt people.
All these things could potentially catch up to Clubhouse in a big way in the months to come, if the company cant figure out a better moderation strategy to weed out the bad actors and keep the platform brand-safe.
Starting today, the company is allowing interested creators to apply for Clubhouse Creator First. The deadline to apply is March 31, 2021.
The new accelerator program was one of several town hall announcements on Sunday.
The company also announced it has hired Netflix, OWN and Harpo Productions alum Maya Watson as its new head of global marketing, and it detailed several new product updates.
Among those, users will now be able to invite people to the app by phone number alone, instead of having to upload their entire address book. It also now allows users to share links that point to their user profile or Club page and will now better remember a users language preferences when displaying its list of rooms, among other things.
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Opinion: I’m planning to retire early and rich thanks to NFTs – MarketWatch
Posted: at 3:04 am
Fabulous news, folks.
Ive solved all my retirement worries. Ive found a surefire way to make so much money in the next few months, maybe even the next few weeks, that I can achieve FIRE: Financial Independence, Retir(ing) Early.
And you can do it, too. We can all do it.
My solution? Ive become a Crypto Artist.
Its the latest thing. And its a legal and easy way to mint millions.
Read: Obviously we had no idea it was going to get here, say the guys who made the first NFT
You may have read some baffling headlines recently about things called NFTs, which are selling for vast sums of money. NFTapparentlystands for Non Fungible Token, although I can think of some other names that fit the letters.
Whats an NFT?
I was baffled too, so I looked into this. And an NFT is basically just a millennials acronym for an item of Crypto Art (or, if you like, Crypto Media.)
Whats Crypto Art?
Its just a digital piece of mediasay, an online picture, a movie, a song, or whateverwith one magical difference. You register it on a blockchain, which is like a gigantic, sprawling online register based onroughlyagazillion privatecomputers around the world. The same technology used for bitcoin and the like.
Thats it.
So take one of the holiday snaps you have on your laptop and upload it to an NFT (ie, crypto art) site. You pay a few fees, register it on a blockchain, and: Bingo! You are now a Crypto Artist.
And some of these things sell for millions. Millions. Admittedly, only in worthless, old-fashioned fiat currency, like U.S. dollars. But still. Christies is auctioning these things off.
I just launched my new career. All I needed was this helpful YouTube video by Robert from Kapwing, a content creation site.
I just followed his four simple steps. The first three didnt even involve art. They were just about setting up an online wallet (an online account for cryptocurrencies) and paying in some money so I could pay the fees for registering your work of Crypto Art.
I admit I had some problems. As recommended, I uploaded $100. But I used an crypto wallet I had from the last boom a few years ago. And it wouldnt connect to the chosen Crypto Art marketplace. So I had to transfer my crypto to a new wallet.
After this my $100 was somehow down to about $70. Yes, crypto banking is the way of the future.
I then linked this account with the Crypto Art marketplace Rarible. I was ready to go.
In a few short mouseclicks at Kapwing I created this digital masterpiece.
Its called Van Goghs Ear. Ive put it up for sale for 666 ethereum (a type of cryptocurrency). The value? Thats $1.2 million.
OK, OK, I know what youre going to say: Brett, thats a load of rubbish. Why would anyone pay $1.2 million for that? Or even 12 cents?
My response? Thats the beauty of it. The value of crypto art or NFTs has nothing whatsoever to do with any artistic merit. Nothing. So I created a work that has none. Its value is pure crypto. This is a masterpiece of crypto-ism. All of its value lies in being registered on the blockchain. This is the purest form of Crypto Art you can make, the digital equivalent of a painting of a white square on a white background.
Dont believe me? These digital Crypto Punk images have no artistic merit and they just sold for $1.2 million apiece. The Nyan Cart sold for $600,000. Its complete rubbish.
Weve been living in the post-ability art world for over a hundred yearsever since surrealist Marcel Duchamp submitted a urinal to an art exhibition in New York in 1917.
Its50years since the Tate Gallery in London paid the price of the average British mans salary for a pile of bricks.
Artist Damien Hirst has made over $100 million by selling things like dead sheep in formaldehyde as art.
Still dont believe me? Then believe billionaire and guru Mark Cuban. In an absolutely brilliant explanation on his website, Cubanwho is investing heavily in crypto venturesdestroys all the crazy old-fashioned arguments about assets needing to have some intrinsic value.
What is a digital good that can be sold? Cuban asks. Literally ANYTHING digital.
He adds, To so many the idea that a CryptoAsset could be a store of value is crazy. To them, there is no there, there. There is no intrinsic value. To them it is a digital representation of nothing, that crazy people are paying good money for. That is not the case.
Why? Because, he says, anything has value if people are willing to pay for it. What is a store of value?Itssomething that some number of people assign value to and are willing to pay for and then hold on to, hoping that circumstances increase the value of that item.
There is nothing unique or special about gold other than enough people believe the story to buy gold, he points out. Its now the same with Crypto Art, or NFTs, he says.
Its all about belief. If everyone just believes something is worth a lot of money, they can make it so. And they can create money, real wealth, right before our eyes. Young crypto fans, Cuban writes, have learned that with digital assets, acting in unison can bring wealth to those who otherwise would not have access to it. That is power and they know it and they are learning how to use it.
All we have to do is believe.
Call this Transcedental Speculation.
OK, you may say. But why pay millions for an online picture if you can download a copy for free?
Cuban answers that. You can also download a picture of, say, a rare baseball card, and that doesnt change the value of the card. So there.
Youre not buying the picture, adds Jake Brukhman, founder of cryptocurrency investment company CoinFund. Youre buying the property rights to the picture.
Im buying Cubans argument, for two solid reasons. First, hesprobably thousandsof times richer than me, so it stands to reason he must be thousands of times smarter. Second, I read his blog post over and over, and I couldnt makeheadsor tails of his argument. It seemed to range from stamp collecting to stock buybacks on Wall Street to angry millennials getting the shaft from big institutions to somehow this silly picture is worth millions.
But thats when you know someones logic is brilliantwhen it flies way over your head.
So, like I said, Im expecting to make my millions soon and Ill be able to retire on a yacht. Good times.
And heres the beauty of Crypto Art. If someone buys Van Goghs Ear from me for $1.2 million, Ill then have the cash and theyll have Crypto Art worth $1.2 million. In other words, just by doing the transaction we will have instantly created $1.2 million in new wealth.
Now imagine if everyone did this! If everyone uploads their holiday photos, and believes, and sells them for $1million each, pretty soon wed all be millionaires. Poverty would be a thing of the past. The whole country could retire early.
Youve heard of Modern Monetary Theory, which basically involves the government freely printing money and handing it out? This is Postmodern Monetary Theory. Its even better.
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Opinion: I'm planning to retire early and rich thanks to NFTs - MarketWatch
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Op-ed: ‘RBG’ would certainly encourage women to take control of their finances – CNBC
Posted: at 3:04 am
Justice Ruth Bader Ginsburg speaks onstage at the Fourth Annual Berggruen Prize Gala in New York on Dec. 16, 2019.
Eugene Gologursky | Getty Images
Supreme Court Justice Ruth Bader Ginsburg was not only one of the most recognized leaders in the battle for gender equality, but also a voice advocating for women's financial literacy. To be sure, the late RBG was one of America's most respected feminist pioneers.
For more than 50 years, RBG worked to end sex and gender discrimination in U.S. law. First, as the founder of the ACLU Women's Rights Project in 1972, where she successfully argued five of the six cases before the Supreme Court, and then as only the second woman serving on the U.S. Supreme Court.
RBG taught the court that "a gender line helps to keep women not on a pedestal, but in a cage." In finances, the gender line that puts men in the driver's seat leaves women at a disadvantage and dangerously ill-informed about their money.
Historically, women have been more likely to take a back seat to men when it comes to money, and RBG fought to change this.
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RBG used her voice when she co-founded the Women's Rights Project, while focusing solely on gender and financial equality. Specifically, her work and fight, paved the path for the Equal Credit Opportunity Act of 1974. This act allowed women to have access to bank accounts, credit cards and mortgages without a male co-signer. RBG's legal work and many victories led to remarkable changes in financial independence for women.
Growing up, I saw how important financial strength and independence are for women. I watched as my own grandmother endured an abusive marriage, and I didn't understand why she never left. I finally dared to ask why she stayed, and Grandma shared that she felt financially trapped in her marriage.
It is not just my grandmother's generation that left the finances to men. According to a recent UBS study focusing on women's financial involvement in household finances, millennials exhibited less financial independence than baby boomer women. It seems that we are minting another generation of women who are not taking financial responsibility for themselves.
While RBG is no longer with us, there are several ground rules that we like to think she would agree that every adult woman should follow when it comes to managing her financial health.
At the top of this list, and most importantly is, never give someone complete control of your financial life. RBG knew that women must be involved in the money decisions for themselves. She fought tirelessly for women's equality and helped change laws so that women could open a bank account, credit card and mortgage in their name. These monumental steps forward helped women gain control of their own financial decisions.
Making sure women are involved in their finances is important now more than ever. In a 2016 study, researchers found that 9 out of 10 women will be the sole financial decision-maker of their household at some point in their lives.
Those who do not have hands-on experience managing their finances are at a massive disadvantage once the person handling their money is gone. These women face a steep learning curve once they are on their own, and find themselves at much greater risk of making costly financial mistakes.
To protect against this, women should review their finances monthly, so they have a clear understanding of where money is coming from and where it goes. Women should get access to log-in credentials for all accounts, allowing easy access to financial information.
Build an emergency fund of three to six months of living expenses to protect against any large surprise expenses. Women should also carefully track their spending and savings. Make sure you know precisely how your money is being made and spent.
If there is anything about your financial situation that you do not understand, seek the answers you need.
Financial education is lacking in our school systems, so finding alternative ways to educate yourself, to better your chances for financial success, is crucial. Some great avenues for expanding your knowledge around this are seeking a financial professional's guidance; reading relevant articles, books, and blogs; listening to podcasts; and utilizing apps that help you save, budget and invest.
For example, Savvy Ladies, a non-profit organization, is dedicated to empowering women through financial education. The group has hundreds of videos on critical financial topics and a free financial helpline for women.
Take a seat at the table. In earlier times, it was thought by some that women could not understand money and should not even try.
In reality, women tend to have the upper hand and are more successful at investing. A study by Fidelity found that female investors outperformed their male counterparts by 0.4% a year.
Another study from Warwick Business School found an even more significant performance gap between the two genders over three years. In this study, women's returns from investments outperformed those of men by 1.8%. At first glance, that might not seem like much, but it can have a significant impact over time.
Women's higher investment returns are not just mere luck. Women tend to invest for the long-term and stick with their plan, while men have a tendency to buy and sell stocks more frequently.
Women are inclined to be focused on the longer term and are more likely to ride out the stock market's ups and downs. They are less likely than men to sell during times of uncertainty, bypassing costly trading fees, taxes and market-timing investment mistakes.
In spite of their investing savvy, women still have one significant source of headwind: the investment confidence gap. Women often have less education and experience with investing in the stock market, and therefore invest more conservatively.
While there is nothing wrong with being conservative, it can have a downside leading to missed opportunities and putting women at risk of outliving their lifetime savings.
Ruth Bader Ginsburg can be credited with tearing down the web of laws that discouraged women's financial strength and independence. It is up to all of us to continue to carry the fight for economic equality forward.
Taking control of your finances is the first step towards this. It's is the key to personal freedom and security. Let us make RBG proud!
By Stacy Francis, CFP, president and CEO of Francis Financial
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Womens health, financial independence find place in outlay budget – The New Indian Express
Posted: at 3:04 am
Express News Service
NEW DELHI: Women-Centricmoves such as exclusive Mohalla clinics, free DTC bus rides and safety measures found a place in the Budget presented by the Delhi government on Tuesday. The government has announced that it will start 100 Mahila Mohalla Clinic from next year. We all know that our mothers and sisters are not able to talk to us about their health issues openly.
A woman from the middle class might find herself a specialist, but in lower income families, she fails to reach even a gynaecologist. It is a fact that in our society women tend to neglect their own illnesses. As a result many women live with ailments, assuming that it as her destiny. The Delhi government will now undertake the responsibility of having Mahila Mohalla Clinic for every woman in Delhi.
Services of gynaecologist and related diagnostic tests will be made available for free, said Sisodia. The government also announced a new scheme to ensure safety of women at tourist spots and allocated an amount of `5 for the purpose. The government will continue with free DTC bus services for women this year as well. The government further said it started a survey which showed that before the Covid crisis, in February 2020, 26 per cent women in the national capital were unemployed.
In February 2021, this statistic was 40 percent. This means among the women of Delhi, who are available for employment, 40 per cent are unable to find work. Forty five per cent of them have completed 12th class and 60 per cent of them are less than 30 years of age. It is essential to financially empower these women and integrate them with the economy of the family and the state, Sisodia noted.
Initiatives such as Saheli Samanvay Kendra have been planned by the government under which 500 anganwadi hubs will be set up in various parts of the city. These hubs are to be used for incubating individual start-ups and to promote self help groups named Samriddhi. Special arrangements will be made in these hubs to impart training to the beneficiaries.
To make women from financially weaker background understand the existing schemes, the government will set up 33 self help units to spread awareness. An outlay of `4,750 crore has been made for the Department of Social Welfare, Women and Child Development and Welfare of SC/ST/OBC.
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Womens health, financial independence find place in outlay budget - The New Indian Express
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Ukraine to Abolish Hard Copy Employment Record Books Within the Next Five Years – Lexology
Posted: at 3:04 am
On 5 February 2021, the Ukrainian Parliament adopted Law No. 3623 (the "Law"), which provides for the abolition of mandatory record-keeping of hard copy employment books. An employment record book is a mandatory document where employers include entries as to the start and end dates of an employee's engagement, and other important employment-related information. The law enters into force on 10 June 2021 and provides for a gradual switch to such employment records being only maintained in digital form, which will take place within the next 5 years.
From now on, employers will generally not need to ask for a hard copy of each employee's employment record book upon appointment, or to make any further entries in existing employees' books. All employment records regarding each employee will be carried out digitally in the register of insured persons of the State Register of Mandatory State Social Insurance (the "Register"). It will therefore be sufficient to retrieve employment information from the Register when hiring a new employee.
The Law provides that within the next 5 years, either the employer or the employee will need to upload all data from the employee's employment record book to the Register. The Pension Fund of Ukraine is the authority responsible for inclusion of data to the Register. After uploading all data from the employment record book, the employer must return the hard copy record book to the employee against the employee's signature. The employer will thereafter continue holding records on the employee's work in digital form only by submitting relevant reports. However, if an employee is dismissed before the data update of employee data to the Register is completed, employers are still under an obligation to affix the relevant entries in the physical employment record book.
If specifically requested by an employee, the Law also provides for mandatory parallel records by both filling in the hard copy employment record book and uploading digital data to the Register. In such cases, it will be mandatory for the employer to keep double records of the employee's work information.
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