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Monthly Archives: March 2022
Homeboy Sandman: There In Spirit Album Review – Pitchfork
Posted: March 6, 2022 at 9:30 pm
Consistency and longevity have become the defining traits of Queens-native Homeboy Sandman, whose first EP turns 15 years old this month. Though nowhere near as verbose as his regular collaborator Aesop Rock, hes almost as prolific, with a consistent stream of albums and mixtapes under his belt, as well as full-length collaborations with the likes of Blu and Quelle Chris. His latest album There In Spirit, produced entirely by Detroit beatsmith and emcee Illingsworth, is more condensed than his previous solo records: It plays like an unassuming notebook more than a full-fledged piece of art.
While other backpack rappers might have spiraled off into abstraction, Homeboy Sandman has found a bluntness in maturity, bringing a deadpan precision and defined sense of melody to his flow. On the anthemic Stand Up, each couplet and bar comes together like two hands shaking, interlocked tightly together. The words arrive fairly directly, without much dense metaphor or description, his voice endowing even the simplest of words with a charismatic weight. Though hes capable of constructing dense bars and elaborate webs of words, theres a restraint to There In Spirit that feels slightly more intimate, an acknowledgement that sometimes the most straightforward word is the most evocative.
Sandmans more unguarded bars pair well with the enveloping beats of Detroit stalwart Illingsworth, who has previously appeared on records by Open Mike Eagle and R.A.P. Ferreira. Fittingly, his productions are somewhere between Dilla-ish soul chops and the cartoonish electronics of the L.A. beat scene. Illingsworths beats have an analog warmth, pulling samples of string tremolos, piano lines, and soothing vocals from soul and vintage pop, to most vivid effect on Voices (alright). But the production is not entirely a throwback, fused with electronic wonkiness, like the fluttering hi-hats and bassy synth lines on Keep That Same Energy. These are beats that sound like they were chopped up live on an MPC, unquantized and human even when flirting with more futuristic textures.
As he enters his 40s, Homeboy Sandman is more mindful and cautious, sounding like a rapper who has worked too hard to chase clout or confine himself to trends. With sarcastic defiance on album closer Epiphany, he declares a well-earned indifference to the opinions of critics, haters, or jealous peers: These people do not have swag. While hes concerned about the world at large, he ultimately keeps a cool distance by recognizing that those who would try to make him feel insecure are deeply dissatisfied themselves.
The key to his longevity is moving at a consistent pace, rather than dashing to get the first word in, like a veteran fighter choosing his blows carefully instead of rushing in hot. Hes more than able to pick up the tempo when he wants to, but here, he focuses on forming a melodic chain of allegory and slice-of-life-imagery, stretching his muscles more than flexing them. Repetition becomes a pointed rhetorical device, forming the very structure of his songs. Album opener Something Fly hinges on his inflection of the word something, which he clips and twists into a multitude of meanings. The hook of Stand UpIf you dont stand up, theyll never stopis repeated with a clipped ferocity more befitting a battle cry or mantra than a chorus.
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Now You Have A Reason To Exercise – Longevity LIVE – Longevity LIVE
Posted: at 9:30 pm
When it comes to aging, research shows that, next to genetics, lifestyle habits are the biggest shapers of the human body. That means your destiny is largely in your hands, and not your DNA. This should be enough to motivate you to fine-tune your diet, start a regular exercise routine and ensure you get eight hours of sleep.
Is this enough though? The healthy lifestyle drill is something weve all become accustomed to, so why do we tend to revert to our old habits? Perhaps this is down to following trends because we think we ought to, rather than really wanting to. The want needs to come from within and, post-lockdown, we now have a choice and, more importantly, a reason.
Our priority should be focused on building a strong immune system and looking after our mental health. And what better way to start than with exercise?
When you exercise and learn to relax, your immune system lifts, cortisol, and blood pressure levels go down, and your mood is enhanced. Bone density increases with weight-bearing exercise; you have improved joint mobility, and a stronger heart and lungs.
Nowadays, with many of us working from home, its become clear that we dont need the most high-tech gym equipment to get a great workout, but still, theres Im pressed for time when it comes to taking action and getting to exercise.
A workout Ive been teaching for years that has finally been given an official name. Peripheral heart action is a time-efficient training formula that gives you a great CV workout, while simultaneously toning up the muscles all in one session.
It can be completed almost anywhere with minimal equipment, such as light weights and resistance bands. Your own home can save you time traveling to and from the gym, but it can also be done in the gym, incorporating both resistance training and CV equipment.
The theory behind PHA training is that, by alternating between upper and lower-body exercises, the heart has to work harder to divert blood from one end of the body to the other, which is further enhanced with bursts of CV training. However, Ive also found that switching between the upper and lower body allows you to achieve more without realizing how hard youre working because you work the lower body to fatigue and then rest it while you train the upper body, and so on.
Whatever your current level of fitness, incorporating even two PHA sessions into your schedule will make significant improvements to your fitness levels and all-around conditioning.
Once youre into the PHA routines, youll notice changes fairly rapidly, and realize just how effective and challenging they are. Its certainly a smart way for time-pressed individuals to train with or without lockdown.
Prepared by Jenni Rivett
Equipment needed: a chair, 6-8kg kettlebell, 2kg dumbbells
Warm-up for 5 minutes.
REPEAT ABOVE ROUTINE
REPEAT ABOVE ROUTINE
Photo by AirFit from Pexels
REPEAT ABOVE ROUTINE
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Adding Public Health to ESG – Stanford Social Innovation Review
Posted: at 9:30 pm
(Photo by iStock/Chinnapong)
The figures on environmental, social, and governance (ESG) investment weve been seeing over the last few years are substantial. According to the US SIF Foundation, $12 trillion in assets under management using ESG strategies at the beginning of 2018 grew to $17.1 trillion by the beginning of 2020, an increase of 42 percent. Bloomberg Intelligence reports ESG assets at $35 trillion in 2020, up from $30.6 trillion in 2018 and $22.8 trillion in 2016, accounting for one-third of total global assets under management. The same study holds that by 2025 ESG assets are on track to exceed $50 trillion.
These are big numbers, and they are already bearing dividends: many businesses are starting to get environmental action rightthe E of ESGand through paying attention to executive compensation and getting more diversity on boards, many companies are also starting to get governance right, the G of ESG. Environmental impact is relatively easy to measure: carbon emissions, deforestation, waste management, and water usage are all tangible factors lending themselves to quantitative assessment. Governance matters too can be held to account by quantifying executive pay, representation of non-white, non-male board members, political contributions, and large-scale lawsuits, all of which can be reduced to numbers.
But what about the S, or the social component? By comparison, the social component consists of much more qualitative factors, things like employee gender and diversity, data security, customer satisfaction, human rights, and fair labor practices at home and abroad. Because these more amorphous factors are a lot harder to measure in numbers, the S factor is always prone to falling out of ESG considerations. For this reason, it is all the more important to emphasize social factors that are measurable, such as public health. While Public Health might be implicit in Social, it is not explicit. Therefore, by attaching an H for Health and broadening the mandate to ESHG, well come closer to a more inclusive form of capitalism, one that places equal emphasis on causing human capital to flourish as it does on financial capital.
The pandemic has not only exposed health inequalities that run from school to community to the workplace. Health should be of immediate importance to business: Public Health is analogous to climate in that a businesss activities will have health impacts, positive or negative, across three broad areas: employees, customers/consumers, and the communities in which it operates. The right actions can reduce absenteeism due to sickness while increasing productivity and enabling better management of risks of regulatory, taxation, and litigation risks.
Even before the pandemicas Sir Michael Marmots groundbreaking 2010 study Fair Society, Healthy Lives (and his 2021 follow-up, Build Back Fairer demonstratehealth not only stopped improving over the last decade, but health inequalities increased, and life expectancies for the poorest people went down. Marmot has identified six areas that are essential to meeting the health inequality and life expectancy challenge head on: giving every child the best start in life; education and lifelong learning; employment and working conditions; ensuring that everyone has at least the minimum income necessary for a healthy life; healthy and sustainable places in which to live and work, including housing; and taking a social determinants (data-based) approach to prevention.
The UK is in a bit of a bubble with health initiatives, compared with the United Stateswe have the NHS, which is a public health system, whereas, as pointed out in Michael Lewiss searing book on the pandemic, The Premonition, the United States. does not. But various surveys show that roughly two-thirds of the American population is stressed over the cost of health insurance and health care in general. An equivalent to Marmot as a US spokesperson might be Harvard professor David Sinclair, an expert on longevity, who believes that as population growth begins to slow, saving lives and making people more productive by helping them to live healthier longer is a massive economic benefit for society. He also points out that currently, the rich are investing in these new longevity therapies, and they are the ones who benefit. But he hopes to democratize his findings to include a broader swath of society.
Can we come up with compelling alternatives that might reduce the strain on the system? We certainly must try new ideas, because hitherto, the old ideas are only working for the select few. Most of these areas can be addressed by deep, long-term investment. But as Professor Marmot and many others have pointed out, government funding alone isnt going to get things done. Business must step in. Companies can play a role in broadly improving public health by such means as rethinking their products, investing in health tech projects, developing programs and policies that promote health both within their companies and externally. By setting frameworks around hot-button industries and influencing ESHG outcomes, asset managers will pre-empt both stakeholder and regulatory pressure.
Its an idea as old as Adam Smith that its in the self-interest of an insurance company for people to live out their lives healthier and longer. And while were waiting for Dr. Sinclairs longevity practices to find a wider audience, companies can start putting the trillions of dollars they are sitting on, earning nominal interest, to work. It is nothing if not enlightened self-interest for businesses to help improve the health of many more peoplenot only their own employees but those in the community that both need and support a company or consume its goods and services. But getting to a more virtuous cycle with public health is going to take action and vision, not to mention putting the necessary investment on the line, to do it.
In my role as part of a council of businesses working with the U.K. Prime Minister on Building Back Better, and even prior to that, my company has taken on several health-first projects, including making direct investments in health science and tech research, community and elder health, and supporting a global challenge that elicited tech-driven solutions to the next pandemic. These initiatives have a few principles in common, which are worth mentioning here, as the goal is to get many more businesses and investors, along with government, thinking this wayin the United States, too:
1. Invest in health versus remediation. An ounce of prevention is worth a pound of cureand that also goes for investing in health. The Center for Disease Control (CDC) emphasizes preventive health measures such as vaccinations, altering risky behaviors, and banning substances known to be associated with a disease or health condition. Businesses can invest and become involved in these measures and others that will have broad benefits, such as building wellness and mental health in the workplace. Initiatives could take the form of healthier cafeteria food, gym memberships, well-being services and incentives, and better working conditions. There are greater gains to be made through early intervention and prevention of physical and mental health issues, than when a situation requires controlling absenteeism or limiting healthcare costs. Recent research suggests that CEOs are starting to pay attention and make the necessary investments.
2. Keep it local. Any health-related investment comes down to people, to individuals, and to a community. While health is certainly a global issue, governments and businesses alike must start investing far more meaningfully in it at the local level. By partnering with a local university or identifying a specific community need for, say, a health technology or healthier housing, businesses can become involved in a clear and tangible way, which is why were working with university research facilities in Edinburgh, Newcastle, and other local venues on initiatives to develop new models for delivering elder care, especially to facilitate aging in place rather than in institutions. This is a multi-disciplinary approach across medicine, engineering, data science and architecture.
3. Build a model that has measurable impact. Outcomes should not only be felt by the recipients of health investments but observable to the investors. To achieve this, any successful health initiative needs to be based on a model that is observable and fact-based. One example is the way business and research so speedily mobilized to get billions of vaccinations made and distributed for the pandemic. But while the pandemic was a relative snapshot, over two years, the challenge is greater when results are delivered over decades. This may partly explain low investment in dementia and Alzheimers, relative to the proportion of the population at risk. There are many models to emulate, but to be successful from a business standpoint, they need trackable metrics.
4. Harness the COVID-19 disruption to think deeply about workplace changes. Required vaccination, changes in building management with testing for COVID-19and other safety measures, and remote working have touched all businesses as well as everyone connected to them. Many people are missing the support systems and wellness components found in many workplaces as they continue to work remotely. Businesses should educate employees about health, make products and packaging healthier, and make health available. And as Professor Marmot points out in Fair Society, Healthy Lives, the social gradient on health inequalities is reflected in the social gradient on educational attainment, employment, income, quality of neighborhood. Employees need to make a living wage. There is a close correlation between social/income inequality and health inequality. While its understood that around 20 percent of an individuals health outcomes are genetic, the other 80 percent is environmental and predicated by economic success: the poorest decile have significantly lower healthy life expectancy, some twenty years less, than the wealthiest decile.
5. Gig workers need a framework that includes healthcare and retirement. This is extremely important, as the number of workers who dont have employers or regular workplaces keeps risingcurrently more than a third (36 percent) of USworkers are part of the gig economy, and by 2027 more than half will be.With no health benefits and often little in the way of retirement plan, these workers represent a special challenge for health investing. Marmots studies show that poverty breeds ill health; you can have happier, healthier employees by paying them better.
6. Hold companies and investees accountable. Impact investing on the ESHG level is about investing in companies. A strong condition for including companies in the ESG roster is their stance to providing access to proper healthcare or healthcare insurance to their workers. ESHG-minded Investors can leverage their financial power by divesting from companies that arent doing healthy business. Companies need to understand that good health is good business.
This begins with a recognition that many products and outputs negatively influence health, and so need to be redesigned to improve health outcomes. Think about health as we do about climatethe health of any organizations workforce could be viewed similarly to its direct greenhouse gas emissions.
Health costs from negative corporate activity are often borne by the consumers or taxpayers. So conversely, companies can proactively engage to improve public health by self-regulating before regulators impose product bans or punitive taxation. For example, rethink sourcing of materials or change ingredients to promote rather than impair customers health. Bottom line, companies can look up and down their value chains and identify points where a positive health outcome could replace a negative one.
7. Corporate taxes low? Reinvest. How can businesses be made responsible for a wider swath of society that goes beyond their employees? Some portion of taxes are allocated to public health, but the corporate tax rate is the lowest its ever been (21 percent) and many of the wealthiest individuals have devised ways of legally minimizing their tax burden.With all of these funds stashed away at low interest rate returns or negative gains, wouldnt it be better to put this money to work in high return investments that promote public health?
While none of these ideas will get us there alone, the aggregate will move the needle. All positive, innovative change can be said to be an outcome of much thought and action that came before it. We live in a moment that calls for deep change in the way we invest in and care for our communities and our environment. Asset managers who have done so much to bring ESG to the fore can add this new mandate. Lets not waste this opportunity.
Read more stories by Nigel Wilson.
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Mike Krzyzewski shows the fire that sent him into John Woodens orbit – Los Angeles Times
Posted: at 9:30 pm
DURHAM, N.C.
Mike Krzyzewskis last order to a Duke basketball player at Cameron Indoor Stadium was telling guard Jeremy Roach to stop fouling North Carolina with 22.8 seconds left.
No more, Coach K said.
The next time down, Dukes Wendell Moore Jr. fouled again, prolonging one of the most shocking losses of his coachs storied career.
None of it made any sense. Unranked North Carolina 94, No. 4 Duke 81. On this night. As unbelievable as the 40 minutes were that led to that score, the next 15 would be even more surreal.
Coach K and his players went back to the locker room, leaving the faithful with their sad tears. The arena remained full because of the promised postgame celebration, but the spirit that has flowed within these rafters for four decades was now gutted.
Inside the Duke locker room, Coach K was showing his distaste to a young group of Blue Devils that will never live this down. Outside in Cameron, We Are Family was blaring from the speakers, but nobody was singing along. Hours earlier, it had been the voices of these same 9,000 souls belting out the national anthem in unison that had cut right through Krzyzewskis hope that he would keep his emotions in check. He wanted to stay in character, he said, but, just the music, you start crying.
Now Coach K was walking back into the building, holding his wife Mickies hand. He formed two huddles, one with Mickie and their three daughters, the other with his 10 grandchildren.
Then he decided to do his own thing. It was not in the program for him to go take the microphone at half-court.
We love you! a fan yelled.
No, no, I dont love me right now, he said, his voice hoarse. Im sorry about this afternoon.
They did not accept his apology.
No, no, NO, please everyone be quiet! he pleaded, as if truly surrounded by trusted loved ones. Let me just say, its unacceptable. Today was unacceptable, but the season has been very acceptable.
The season isnt over, alright?
Coach K said earlier this week that sports is the best reality TV, that he was going to just let Saturday happen and see where it would lead him. Indeed, this unscripted outburst, HIS internal disgust pouring out in public on a stage that was meant to glorify him, was an undeniably real look into the man some claim is the greatest college basketball coach of all time (like the Lakers LeBron James, who appeared on the pregame video, saying, The GOAT).
In retrospect, maybe it shouldnt have been so surprising that Coach Ks young men, playing with the weight of 42 years on their 18-to-22-year-old shoulders, couldnt complete the task.
We can all be beaten by human nature, Coach K would say later. The ones who do it really well have a very high winning percentage against human nature.
John Woodens UCLA teams had a pretty good record against our worst impulses too.
There is no way to measure Coach Ks immeasurable impact on college basketball and American sporting culture as a whole without bringing up Wooden, who remains the GOAT inside many hearts and minds, especially in Southern California. A fresh point of comparison Saturday, given the events in Durham, was how they handled their respective retirements.
For a revered coach who has stayed around long enough to morph into a legend walking among mortals, there is no perfect way to leave the stage to someone else.
Wooden battled within himself throughout the spring of 1975 about when to tell his players. By the time the Final Four came around, rumors of his retirement were beginning to swirl, and the one thing he knew for sure was that he didnt want them finding out from a newspaper.
UCLA basketball coach John Wooden celebrates with Sidney Wicks and other UCLA players after defeating Villanova for the 1971 NCAA title at the Houston Astrodome.
(AP)
To begin the week, he told his two seniors, who admirably kept the secret. And, after UCLA beat Louisville 75-74 in the national semifinal on a last-second shot in overtime by Richard Washington, Wooden decided it was time to tell the rest.
Im bowing out, the 64-year-old said, his words met by silence in a locker room that normally would have been raucously celebrating advancing to Mondays final.
Wooden could have told the team at halftime when the Bruins were trailing by four points, but said, I didnt want to because I wouldnt want to use a thing like that to try to hype up a team. I dont believe in using artificial means like that.
But he was fine to see if the emotional jolt would motivate his team against Kentucky. Of course it did, and the Bruins beat the Wildcats 92-85 for their 10th national championship in 12 seasons, sending The Man as they called Wooden fittingly out on top.
By design, Wooden did not receive a seasons worth of ceremonial sendoffs, but in some small way, maybe the sports zealots were cheated a bit by not being able to say a more proper goodbye. He was suddenly gone, and the next generation of hungry younger coaches like North Carolinas Dean Smith and Indianas Bob Knight were eager to take over.
The greatest threat to Woodens throne, however, remained anonymous.
That spring, as Wooden took his first steps toward a normal life with his wife, Nell, the United States Military Academy quietly hired a 28-year-old retired Army captain named Mike Krzyzewski to be its basketball coach.
Duke coach Mike Krzyzewski, second from left, stands with his former players during a pregame ceremony Saturday.
(Gerry Broome / Associated Press)
Nearly half a century later, hundreds of Duke students are walking toward the thumping heart of their campus, almost in a trance, as dark falls on Durham. It is Friday night, the eve of the end, before Coach Ks Blue Devils host North Carolina one last time.
It is tradition for Krzyzewski to welcome the students to Cameron the night before the Carolina game to listen to him speak. This time, dozens of the 96 former players who are in town are there, too, soaking up as much of their coach as they can in his final hours.
Sporting a blue Duke quarter-zip shirt and gray pants, Coach K takes the microphone and begins by covering the basics congratulating his team for its ACC regular season title and laying out his expectations for Saturday.
I want to ask you to make tomorrow night all about Duke, he says. When the other team is introduced, do not say, You suck.
BUT THEY DO! a young man blurts out. The kids laugh.
Dont say it. Im asking you not to, Krzyzewski says. Dont pay attention to them. Dont have signs that bring up stupid I mean, theyre probably smart things. Only Duke.
This is the type of moment that made Coach K a beloved figure in the early 1990s as his clean-cut Blue Devils took down Jerry Tarkanians UNLV Runnin Rebels, who were already in the NCAA infractions committees crosshairs, and Michigans famed Fab Five, which would find their own NCAA reckoning down the road.
Eventually, though, Coach Ks holier-than-thou vibe likely because fans got so tired of the Blue Devils consistent winning and ESPNs love affair with all things Duke solicited more eye rolls than appreciation, especially as Krzyzewski began to build his teams with the same one-and-done NBA talents as John Calipari at Kentucky.
Duke coach Mike Krzyzewski takes a bow while being recognized during a pregame ceremony Saturday.
(Gerry Broome / Associated Press)
In the last days before name, image and likeness was approved by NCAA rules, did a guy like Zion Williamson really choose to play at Duke without some kind of improper inducement behind the scenes? The critics had good reason to be dubious.
Over four decades in Durham, Coach K had certainly spanned the eras like no other coach had and, despite everything that had changed around him, held tightly to the romantic ideals that defined college basketball back when Krzyzewskis program grabbed the nations imagination.
Addressing the students, he cant help but want them to know that Duke is still different.
College basketball has changed a lot, he says. Last spring, we had four players coming back, and we had four recruits coming in, and I met with all eight of those guys, and I said, Im not accepting any transfers except for two grad transfers. You can have as many as 13 guys, but Im not taking anybody. Youre my guys.
Coach K also wants the students to know how his retirement came to be. It started with a conversation he and Mickie had in Las Vegas. Then they convened with their three daughters who make up the familys starting five, as they call it. The plan was now in place, and one of the best parts of this year was getting to tell his grandson, Michael Savarino, a Duke walk-on, that he had earned a scholarship.
Hes just balling his eyes out, and Im starting to cry too, Coach K says. I knew then what I wanted this season to be. I wanted to be so close to my players that they all felt that way. I can tell you this has been one of the closest teams that Ive coached. I love my team.
Surrounded by former players, Duke coach Mike Krzyzewski applauds while being recognized before Sundays game against North Carolina.
(Gerry Broome / Associated Press)
The students can feel his emotion, and its not even Saturday yet. He tells them that they have given him energy all these years, keeping him young. He tells them this is his Senior Night, and together they give him an awww.
Theres a cheer where people say, This is our house, Coach K says. But for us, this is not our house. This is our home. What does that mean to all of you? It means that this is your home forever. Theres going to be a time when youve graduated, youre making a lot of money, hopefully following your heart, and youre going to come back here. Well, its your home.
And thats the difference between Cameron and every other place. Its yours. When we play tomorrow night, cheer like its your home.
Saturday, the students would have to be willing to share their space too. Over the course of this season, this ticket became such a bucket list item among Duke fans and general appreciators of sport that the average ticket price soared to more than $5,000.
One woman brought a sign that said, I spent my kids inheritance to be here. Theres a decent chance she wasnt joking.
The sideline seats behind the team benches had the feel of a Lakers game. Jerry Seinfeld sat next to NBA Commissioner Adam Silver. Seinfeld was wearing earplugs, a sure sign that the Cameron Crazies were doing their job just fine (but also totally on brand for the persnickety comedian). Pro golfer Justin Thomas sat close to Warriors general manager Bob Myers. Then, of course, there was Dukes star-studded cast of former players Grant Hill, Christian Laettner, JJ Redick, Shane Battier, Carlos Boozer, Grayson Allen the list went on and on.
Actor and comedian Jerry Seinfeld, center, sits next to NBA Commissioner Adam Silver, right, before Dukes game against North Carolina.
(Chris Seward / Associated Press)
When Coach K took the court for pregame, nearly 100 of his Formers, as he calls them, formed a column around him from the locker room to half-court. They all wore white pullovers with a blue K on their right breast.
Theyre all friends, Coach K would say. Our lives have intertwined, so you see them and you try to not get into a story about each one.
The game simply fell apart for the Blue Devils late. They couldnt do anything right on both ends of the floor. Even a lesser North Carolina team like this years group wasnt going to let Duke off the hook. And yet, the fans were still waiting for them afterward inside Cameron, yearning to love them.
How could Coach K leave all of this? Well, easy. It was just the right time. Hes already been thinking about getting a new dog.
After John Woodens sudden exit, it was natural to wonder if there would ever be another like him.
If youre into purely counting national championships Coach K has five to Woodens 10 then the answer remains no and will likely remain so into eternity.
But if youre charting Krzyzewskis overall impact on the game over 47 years, how much the countrys love or hate of one coach and his program colored the experience of college basketball, theres at least an argument that Wooden has been eclipsed by Coach K as a towering figure.
Its hard to argue with 10 championships in 12 years. That was unprecedented and impossible to duplicate, says ESPN analyst Jay Bilas, who played at Duke from 1982 to 1986. But I think if you stretched it out over Woodens entire career, you can make the argument that Coach K had a higher level of success over a more extended period. His first time at No. 1 was my senior year in 1986, and he was No. 1 this year. Hes been No. 1 in every decade.
For the last 75 years, one of John Wooden or Mike Krzyzewski has been manning a college basketball sideline. Could there really be another coach waiting in the wings that could captivate like them, or is Coach K the last of the lions?
Bobby Hurley, who along with Laettner was one of the faces of Dukes back-to-back national title run, followed Coach K into coaching as many of his players have. Every day at Arizona State, Hurley is trying to build something special, something his mentor would be proud of, but its just hard to replicate these days.
It certainly is a different world, Hurley says, just in terms of the transfer portal and now NIL. I played for my dad, who was a very hard-nosed disciplinarian type coach, then Coach K, who was very good at building connections with his players but was also very hard on you. I think you have to reach this generation a little different and be very creative in how you coach. To me, its more of a partnership with how I view coaching my team, getting through to them in a different way than maybe coaches were able to 20-30 years ago.
Says Bilas, Its pro basketball, with the amenities they have, the facilities, the travel. Theyre pro players, and now they can make money. Theyre going to be paid at some point in the very near future by their institutions. Players can transfer now without penalty. Players now have rights they were denied before, and you cant treat them the way you used to be able to treat them.
In this long overdue time of player empowerment, the coachs power has been minimized in every place but his pocketbook.
The money has gone up which is awesome, but the jobs become 365, 24/7, UCLA coach Mick Cronin says. Coach Wooden used to write guys letters [to recruits]. Hed write a letter to guys and then he saw them again in September. Dean Smith lived in the Outer Banks in the summer and the only time he went back to Chapel Hill was to run his camps.
Right now, my daughter is asking me about vacation and Im looking at AAU weekends in April, high school tournaments in June and the July recruiting calendar. And you dont know whos going pro. You cant plan a vacation because you just dont know, and nobody feels sorry for us, nor should they, because of the money we make. But it all leads to people throwing up the white flag at some point.
Longevity, then, will be the biggest issue going forward.
Wooden made $32,500 his last year. I think Coach K made that during the course of this conversation, says CBS Sports analyst Seth Davis, who wrote Wooden: A Coachs Life.
The conversations I have with coaches now are less interviews and more like therapy. They say never say never, but it is hard to imagine somebody doing again what Mike Krzyzewski did.
Clearly, Coach K could not imagine himself doing it. Last year, it was North Carolinas Roy Williams who could not muster the energy for it any longer.
This week, Krzyzewski sounded absolutely fed up with the state of college basketball and disappointed that he hadnt been able to leave the game in a better place for the next generation of coaches.
I dont even know who you talk to about it, he says. Its like a bunch of ships out there, but where do you port, where do you dock? Its a troubling time, really. Im probably not on top of it like I would normally be. To be quite frank, I dont want to think about it anymore. Its been very frustrating, kind of a failing in my time, that we were unable to have a bigger influence, me and my brothers in coaching.
Duke coach Mike Krzyzewski speaks to the crowd following the teams 94-81 loss to North Carolina on Saturday.
(Gerry Broome / Associated Press)
After his apology ad-lib to kick off the postgame ceremony, Coach K got back on script for the rest of the night. But with a crushing loss fresh, he still wanted to make sure none of the Formers in particular left with any bigger worries about the state of their program.
The brotherhood, its not going to go away, he said. We have a great succession plan.
Jon Scheyer, one of the leaders from Dukes 2010 national championship team and a current assistant coach, will be entrusted with the kingdom.
The pressure will be incalculably high, following this guy.
We didnt play well. And there are times when you didnt either, Coach K reminded them, getting some laughs.
Hopefully today for this program right now is a great learning experience. First of all, look what youre a part of. Are you kidding me? We need to fight for Duke, we need to fight for the brotherhood, and we need to fight with all our might the rest of this season.
Then Ill be ready to get the hell out of here.
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The more Ukraine resists, the greater the danger to Nato. It should act now to stop the slaughter – The Guardian
Posted: at 9:30 pm
Can Ukraine weaponise time? As long as the will to fight exists, the countrys soldiers and citizens can hope to wear down, even to repulse, the Russian invaders. But their dilemma is a terrible one. As Vladimir Putins bombardments grow more barbarous and indiscriminate, the human cost of resistance is rising daily. If they hold on, will the western powers belatedly come to their rescue?
Time does not favour Russias president. Casualties are increasing. His Nazi-style military blitzkrieg didnt work. His conscripts are reportedly demoralised, his war machine may bog down. His hubris is destroying Russias economy. Protests at home reflect a new political vulnerability. Putin is being tracked by war crimes prosecutors in The Hague.
For any rational leader, an immediate ceasefire, accompanied by a bogus claim of victory, would be an obvious way out. But logic and reason play no part in Putins thinking. This catastrophe recalls Iraq in 2003. How could anyone, however delusional, possibly believe a full-scale invasion was a good idea? The man Donald Trump calls a genius turns out to be really stupid.
To avoid defeat to eventually win Ukrainian resistance forces will need the wests sustained, long-term military, logistical, financial and intelligence support. Will the allies, fresh from their Afghan cop-out, stay the course this time? Nato combat jets are nowhere to be seen in Ukraines skies but theres a whiff of betrayal in the air.
Volodymyr Zelenskiy, Ukraines president, wants instant EU membership. He was cheered at the European parliament last week but he will not get his wish. Kyiv is pleading for a Nato-patrolled no-fly zone to help stop the merciless bombing of cities such as Mariupol and Kharkiv. That isnt happening, either.
Ukraines people are determined to fight on. Its impossible not to admire them but also impossible, or so western leaders appear to say, to protect them from mass murder.
Such bravery underscores the grave responsibility of western governments. Britain and the US, in particular, have encouraged resistance, sending missiles and lethal aid. Raising the stakes, Boris Johnson and Joe Biden portray the war as a defining struggle between freedom and tyranny, democracy and authoritarianism. Thats not the sort of war you can afford to lose.
Most European countries, plus Australia, Japan, Canada and others, have pledged open-ended backing, too. For the first time, the EU will supply weaponry. This is all very dramatic, perhaps suspiciously so.
Should Ukrainians trust these sweeping promises? What if the war lasts five or 10 years, which is not unusual for such conflicts? Fuelling an apparently endless, widely destabilising insurgency will require grit and consistency in London and other capitals.
Few western politicians, eyeing the next election, display such qualities. How long, for example, will German voters current outrage outlast the impact of higher bills and taxes to pay for non-Russian gas and vastly increased defence spending?
How long will Biden stay engaged if the crisis turns into a grinding war of attrition? He could be a lame duck after Novembers midterms. Possible 2024 replacements, such as Trump, have a very different view of Nato and Russia. The longevity and reliability of public and political support for Ukraine is one question. Another will be how to meet the resistances need for an unceasing flow of arms, assistance, and staging posts and safe havens outside Ukrainian territory.
The probability that displaced fighters, plus a European foreign legion, will seek bases in neighbouring Nato members from which to launch attacks on the occupiers is strong. Remember how the mujahideen, fighting the Red Army, and later the Taliban, fighting Nato, operated from Pakistan.
Extended cross-border warfare would ineluctably suck in alliance countries. It would be viewed by Putin as the product not of unextinguished Ukrainian nationalism but of US-plotted regime change. If Russia, over time, continues to suffer significant losses to a western-backed resistance, Putin will take the war to the west. This is exactly the dangerous escalation Biden and Nato say they are determined to avoid, which supposedly justifies their refusal of a no-fly zone. Its the third world war nightmare scenario Ben Wallace, the UK defence secretary, warns against. But how to dispel it?
Uncertain, too, is the wests ability to maintain the unusual unity of purpose lauded by a too self-congratulatory Biden in last weeks State of the Union address. The EU is likewise proud of its united stance and tough sanctions package.
But big gaps and internal differences remain. Revenue-spinning Russian oil and gas still flow. The banking bans have large loopholes. Even the best-laid sanctions regimes crumble over time. And despite an initially generous EU welcome, the expected huge increases in refugee numbers, if the war drags on, will exacerbate existing tensions in Europe and the UK.
Worries about an unvanquished Putin going on to threaten other former Soviet republics, as Biden predicts he might, are also intensifying. The defeatist argument goes like this: Ukraine, sadly, is already lost. Better to concentrate on ensuring the Baltic republics and similarly vulnerable states do not go the same way. The paradox is that the more successful and long-lived Ukraines resistance is, the bigger the dangers for Nato. Yet if by supporting it, the allies cannot ultimately avoid being drawn into conflict with Russia, why delay the inevitable?
In other words: rather than leave the fighting, and the dying, to Ukrainians alone and then eventually abandon them the western democracies should put their air combat forces on standby, declare their intention to impose a no-fly zone and tell the Kremlin to stop the killing.
Putins slaughter of innocents is unbearable, yet we are forced to watch. Will the west fight to the last Ukrainian? Or will it stand up and fight for itself?
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Cryptocurrency Platform Pays It’s Global Remote Workers Only In Bitcoin, And Makes Their Salaries Transparent For Everyone To See – Forbes
Posted: at 9:29 pm
Digital bitcoin abstract background
JP Richardson, the CEO and founder of Exodus, a crypto wallet platform, believes that Bitcoin will revolutionize the world of money and the way that people conduct commerce. Hes purpose driven and builds software utilizing Bitcoin and other crypto currencies to bring liquidity and speculation to alternative markets.
When Richardson started the company in 2015 he said he had to painfully download a wallet for each asset. Now hes making holding a portfolio of crypto assets beautiful and easy. The "wallet" is essentially a piece of software that allows users to store digital currencies. The founder points out their platform is unique in that users have full control over the private key needed to access their currency, which makes it harder for hackers to steal their digital assets.
Exodus is on a mission to empower half the world to exit the traditional finance system by 2030 by making a multi-asset software wallet that removes the geek requirement and keeps design a priority to make cryptocurrency and digital assets easy for everyone.
It's available for desktop and mobile. Exodus allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum, from an eye-catching, easy-to-use wallet. The non-custodial functionality is encrypted locally on users' own devices, ensuring privacy, security and complete control over their wealth.
Employees Are Paid In Bitcoin
Richardson has a unique and progesive way of running his company. To update an old adage, Richardson is putting his Bitcoin where his mouth is. His platform pays their 250 plus employees in Bitcoin. He takes his pay this way too. The company opted for the Bitcoin standard to both show commitment to the cause, and streamline payroll for its global workforce.
While it's required to get paid in Bitcoin, employees are free to sell all or part of the digital asset if theyd like. He gets that everyone has their own financial situation. Some people may hold onto the Bitcoin payment forever hoping that the value will continue to grow. Others may have obligations such as mortgages, college tuition payments and other expenses that need to be funded and selling off some of the cryptocurrency is necessary. The company offers tax advice to help workers with their transitions in Bitcoin.
The Growing Get Paid In Crypto Movement
Inflation is out of control, there is a Great Resignation trend with millions of people quitting their jobs, and businesses waging a war-for-talent to find, attract, recruit and retain workers. The value of the dollar has degraded as inflation skyrocketed 7%. Bitcoin and other cryptocurrencies have become an attractive alternative for people to improve their financial situation.
Sports stars, politicians and other high-profile people have been requesting to take their compensation in digital assets. They point out that if you get paid in U.S. dollars, as inflation increases, the value of your paycheck decreases.
It's possible to convert your salary into cryptocurrencies. It only takes a few steps. First find out through the human resource department if their payroll system offers a cryptocurrency payment option. Then decide the amount of money youd like to be changed into digital assets. You may want to conduct due diligence into the various tokens before you select one. Setup an account with a digital wallet at a crypto exchange for your employer to send the funds to the platform. There may be fees and costs involved, so check into that as well.
Quarterback Aaron Rodgers previously announced that he wanted to receive his compensation in Bitcoin, back in early November. At the time, the coin was more than $60,000,it's now trading under that amount hovering under $40,000.
NFL star Odell Beckham Jr. signed a one-year deal with a base salary of $750,000 and bonuses that could bump it up to $4.25 million. The NFL wide receiver said he was taking his entire salary in Bitcoin. He reportedly converted a $750,000 paycheck into bitcoin, and may have lost the equivalent of almost $350,000, according to an analysis from MarketWatch. While the price of bitcoin has since somewhat rebounded, it hasn't fully recovered and remains extremely unpredictable. If the price doesnt recover he would still have to pay taxes on his income at the value of $750,000.
This is something you need to keep in mind. If you are paid $100 and it drops to $50, the IRS doesnt care about the loss and youre taxed on the amount you were paid. Your accountant can help offer her guidance and advice on how to handle and report these wide fluctuations in value.
Saquon Barkley, an NFL running back, announced in July 2021 that he would place all of his endorsement earningstotaling around $10 million in Bitcoin. The Washington Examiner reported that Barkley explained his goal is to attain wealth akin to Kevin Durant, Lebron James, and Tom Brady but said it's not attainable through just saving because of inflation. He added, You see inflation, you see how high it is right now, and you learn that you cant save yourself to wealth, and Thats why Im going to be taking my marketing money in Bitcoin.
Trevor Lawrence, the number one draft pick in 2021, and now the quarterback for the Jacksonville Jaguars, partnered with cryptocurrency app Blockfolio to announce that hed and place his approximate $24 million signing with the company. Hell convert the cash into Bitcoin, Ethereum, Solana, and other digital assets, according to USA Today.
Francis Suarez, the tech-savvy mayor of Miami, said in November that he would accept his $97,000 all in bitcoin. Suarez foresees the possibility of building a tech hub in Miami. Leading by example, Suarez seeks to expand cryptocurrency use and acceptance in his city and entice tech talent and companies to South Florida. For any city to survive and thrive, we need a knowledge-based economy, he told Bloomberg.
Suarez added, "When governments are spending that kind of money that they are, when you have inflation at the point that it is, when you have rampant overspending in government and deficit spending, all of that pushes in favor of an increase in the price of Bitcoin," and "So I feel very comfortable getting my entire salary in bitcoin."
Eric Adams, the newly installed mayor of New York City, announced that he would take his first three paychecks in cryptocurrency. He converted his first biweekly paycheck into both bitcoin and ethereum. When asked on CNBC about losing money on the decision, he said, "the purpose of the Bitcoin is to send a message that NYC is open to technology
Remote First
In another interesting move, the remote-first company recruits talent from around the world. More than half of the employees work outside the United States. Richardson understands that there is great talent everywhere. This may be due, in part, to his starting a company in his home state of Nebraska. It's far from Silicon Valley and Wall Street, and empathizes with people knowing how they can miss out on great opportunities due to where they live. The international remote hiring policy levels the playing field. .
Salary Transparency
Everyones salary is fully disclosed. The amount of Bitcoin on the companys books is open for people to see as well. The public nature of Bitcoin means Exodus salaries are transparent to other employees. This serves as an incentive. People can proactively ask for a raise, or what needs to be done to increase their compensation.
Exodus seeks to attract those who are dedicated to the DeFi movement. In a tight job market, especially for tech talent, getting paid in Bitcoin, having salary transparency, recruiting anyone from anywhere sets the company apart.
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Cryptocurrency To Be Accepted As Currency In Swiss City Of Lugano – NDTV Profit
Posted: at 9:28 pm
Lugano, a city in Switzerland, is adopting cryptocurrency as a means for payment of taxes
Lugano, a city in Switzerland, is adopting cryptocurrency as a means for payment of taxes, goods, and services, as part of a new collaboration with the provider of the Tether (USDT) stablecoin. Citizens in the Italian-speaking province will be able to pay for public service fees and taxes with Bitcoin, according to city director Pietro Poretti, who co-announced the news alongside Mayor Michele Foletti and CTO of Tether Paolo Ardoino in a live-streamed event a few days ago. Over 200 merchants have already partnered with the city to promote bitcoin and Lightning payments.
Ardoino even tweeted about the same a few days ago. He shared a 15-second video that outlined all the things that you can pay for within few months in the city.
Residents of Lugano will be able to transact, invest, and pay taxes using Bitcoin, USDT Tether, and LVGA token after these three cryptocurrencies were approved as de facto legal tender in the city.
Watch the video here:
Because it is tied to the US Dollar, the USDT Tether is a stablecoin, which means its value remains relatively stable in comparison to other cryptocurrencies. The LVGA token, which was created by the city itself, is the country's third cryptocurrency that has been recognised as de facto legal tender.
The collaboration between Lugano and Tether has been termed Lugano's Plan B'. It intends to develop Lugano into a hub for blockchain adoption in Europe.
El Salvador has already recognised Bitcoin the world's largest and oldest cryptocurrency as legal tender. El Salvador's move in September 2021, when the country became the first to recognise a cryptocurrency as de-facto money, may have accelerated Lugano's decision. Lugano's new rule is very similar to El Salvador's. Lugano wants its businesses to be able to utilise cryptos for routine transactions without difficulty. In El Salvador, however, only Bitcoin is accepted as legal tender.
Over 500 students studying cryptocurrency and Decentralized Finance (DeFi) may also get scholarships from Lugano.
Lugano will also host the Bitcoin World Forum conference in October this year.
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Colorado will start accepting cryptocurrency for tax payments | TheHill – The Hill
Posted: at 9:28 pm
Colorado will soon become the first state in the country to accept cryptocurrency for tax payments and may expand crypto to other state businesses like drivers license and hunting license fees too.
Gov. Jared Polis (D) signed the Digital Token Act, which will allow Colorado residents to pay their taxes with cryptocurrency by this summer. In a recent interview with CNBC, Polis explained that the states expenses are all in dollars, so payments made with crypto would be converted back to dollars by an intermediary.
We are getting a payment provider to accept crypto equivalent and deposit the dollars into the states treasury for that amount. It is kind of like credit card payments, with the bonus that there are no returned payments, said Polis in a tweet.
Crypto is expected to be expanded in use in Colorados government, with Polis saying driver's licenses, hunting licenses and other fees will also accept crypto as payment.
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The National Conference of State Legislatures (NCSL) describes cryptocurrency as a digital or virtual currency that is not issued or backed by the U.S. government or any other government or central bank. That means crypto isnt subject to things like transaction fees or geography and can be completely anonymous.
Polis has been a big proponent of crypto, telling Wired last monthcrypto can be more convenient for people to use and sets a symbolic message that it is in fact a validated form of payment in the state like credit cards.
Under Polis administration, Colorado established its first chief blockchain architect, Thaddeus Batt, as part of the states Blockchain Council. His role includes expanding blockchain technology within Colorado government agencies, including policy and regulatory clarity, banking services and support, taxation of digital assets and more.
Colorado isnt the only state integrating crypto into state business. TheNCSL says 33 states and Puerto Rico had pending legislation in 2021 and 17 states enacted legislation or adopted resolutions related to crypto.
New York City Mayor Eric Adams (D) recently announced he was converting his first paycheck into Bitcoin and Ethereum via Coinbase, the countrys largest cryptocurrency exchange. Filings from the U.S. Patent and Trademark Office also indicated that national retail giant Walmart may also be planning to create its own cryptocurrency and collection of nonfungible tokens, known as NFTs.
The use of crypto prompted the FBI to form a new team that is dedicated to the matter, appointing prosecutor Eun Young Choi, as the agencys first director of the National Cryptocurrency Enforcement Team (NCET).
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Ethereum: How to mine this cryptocurrency and how long it takes? – Marca English
Posted: at 9:28 pm
Ethereum is a digital platform run on blockchain technology, commonly known for its intelligent functionality and its cryptocurrency (Ether).
Ethereum transactions don't require central authority governance. It works with a global system of computers to compile and verify every transaction happening at the platform's blockchain.
Mining is using the computing power of dedicated hardware to solve complex puzzles. It allows the network to function. and simultaneously protects it from hacking and other malicious attacks.
Miners receive a transaction fee in exchange for their services. It is a predetermined amount of ether for every validation of a block.
According to Carter Kilmann, a financial copywriter, an editor of Business Insider, these are several approaches to Ethereum mining.
Pool mining: The most straightforward way to mine ether. It's the best option for people who don't have much hardware.
Pool mining allows miners to combine their collective computing power to solve Ethereum blocks in less time.
The rewards are split between the group based on power contribution, which is measured by hash power.
Solo mining: A complex process that requires considerable harsh power.
Beyond equipment cost, which could be thousands if not tens of thousands of dollars, you should also evaluate factors like ventilation, noise, electricity costs, and physical space.
Solo mining is generally only recommended for professional miners who are willing to make a significant capital investment.
Cloud mining: It is the easiest mining approach. You pay another miner an upfront fee to mine coins for you.
Nevertheless, there are risks involving cloud mining such as scams and fraud.
Crypto wallets store your coins similar to a bank account guards your money.
Hardware wallets: Physical devices (USB looking) that store your crypto accounts' private keys offline.
Software wallets: Digital programs that house your crypto requiring an internet connection to access.
You will need:
-A computer or dedicated mining rig with one or more graphics processing units (GPUs)
-An Ethereum mining operating system
-GPU drivers, which enable communication between your graphics card and operating system
-A wallet, which can be a physical device or digital program, to store your rewards
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Want to Invest in Cryptocurrency? Consider This Stock, Which Grew 545% in 2021 – The Motley Fool
Posted: at 9:28 pm
Cryptocurrencies were one of the hottest trends in 2021 as they made their way into individual investors' portfolios. A study published by the University of Chicago in July 2021 reported that 13% of Americans surveyed traded cryptocurrency during the 12 months prior, and while that is less than the 24% of Americans who traded stocks over the same period, it still shows that crypto is being adopted by more than a small niche group of investors.
However, deciding which cryptocurrency to invest in can be extremely difficult, and exchange-traded funds (ETFs) that track cryptocurrencies can sometimes charge egregiously high fees. For example, the Bitwise 10 Crypto Index Fund (OTC: BITW) charges a 2.5% expense ratio -- meaning it takes $25 for every $1,000 invested each year. This is much higher than traditional stock market ETFs like the Vanguard Total Stock Market ETF (NYSEMKT: VTI), which has an expense ratio of just 0.03%.
If you want to avoid these high fees, but aren't ready to invest directly into cryptocurrency, Coinbase Global ( COIN -6.90% ) might be a better alternative to dip your toes in the water. The company is the leading crypto trading platform for individual investors and traders, along with institutional investors. On top of that, the company's revenue is well diversified, making it a smart way to invest in this fast-growing industry. With its major growth and impressive profitability, Coinbase might be the perfect crypto play for you.
Image source: Getty Images.
There are plenty of competing platforms, but Coinbase is the primary platform that serves day traders, long-term investors, and even institutional investors. In 2021, the company had 11.4 million monthly transacting users (MTUs), and a total user count of 89 million. Importantly, the company is gaining steam among institutional investors: Its institutional investor count jumped 50% year over year in 2021.
The company's high user count has led it to become one of the largest crypto platforms in the market in terms of its assets on the platform. The company had $278 billion in assets at the end of 2021, which is almost three times larger than Robinhood Markets(NASDAQ: HOOD), which totaled $98 billion by the year's end -- and that includes all of its assets like stocks and options -- showing just how dominant Coinbase is in the crypto industry.
As the industry leader, Coinbase has benefited immensely from the major price growth in cryptocurrency, driven by Bitcoinand Ethereum.
Bitcoin Price data by YCharts
Coinbase has capitalized on this explosive growth, putting up jaw-dropping financial figures consistently over the past year. In 2021, Coinbase's revenue skyrocketed 545% compared to 2020 to $7.36 billion. What's even more impressive is that the company has been able to grow its profitability even faster. For the full year, its net income soared 1,025% year over year to $3.6 billion, while its free cash flow -- which primarily consisted of growth in custodial funds -- reached $10.7 billion over the same period.
What is critical about this revenue growth is that it is diversified across many different cryptocurrencies. The company made only 46% of its transaction revenue from Bitcoin and Ethereum activity in 2021, with the rest coming from other cryptos. This declined compared to 2020, when Bitcoin and Ethereum made up 56% of transaction revenue, and is significantly lower than other trading platforms.
Robinhood, for example, had 32% of its total revenue come from just one cryptocurrency, Dogecoin, in the second quarter of 2021.Severe reliance on trading activity from just one coin can result in top-line volatility and pose a risk to the business, similar to severe customer concentration. Therefore, it is good to see Coinbase's reliance on Ethereum and Bitcoin shrinking.
Coinbase thrives on trading volatility and price appreciation, both of which have declined in the first quarter of 2022. This could cause MTUs to fall from 11.4 million in 2021 to as low as 5 million in 2022. On the flip side, however, management believes MTUs have the potential to grow as high as 15 million for the coming year, showing how unpredictable the crypto space can be. In 2022, its average revenue per transacting user will likely drop to pre-2021 levels, meaning it could range anywhere from $34 to $55.
2022 might be a period of slower growth for Coinbase, but over the long term, it's looking to expand its platform -- along with its lead over competitors. The company is experimenting with a subscription service with access to commission-free trading and 24/7 customer support. Coinbase is also building a non-fungible token (NFT) platform, and it is even working on allowing users to create decentralized applications.
Coinbase is quickly becoming the one-stop shop for every service someone may need in the decentralized world. Shares trade at just 13 times earnings -- a steal for a company with the brand name and market leadership that Coinbase has. With that, its fast growth, and aggressive investments in its future, Coinbase looks like a great way to invest in cryptocurrency.
This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis even one of our own helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
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