A “TIK-TOK” WITH TOKENOMICS. Inspired by blockchain fueled gaming sensation Axie Infinity, Chingari, an Indian short-video sharing site, is looking to integrate blockchain “tokenomics” into its platform The firm announced on Friday that it has raised $19 million in financing to build its mainnet and hold a token sale for its Solana-based GARI token. The...
Tag: oct 12 2021
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THE EROTIC BLOCK
A few months ago one of the web’s larger platforms for independent adult content, OnlyFans.com, got blowback for banning explicit content—something on which their site was basically predicated. The ban, which turned out to be temporary, was the result of pressure by financial institutions including Bank of New York Mellon and JPMorgan Chase. Some are...
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A PERVERSION OF CRYPTOCURRENCY
As the U.S. and China, the two major global powers, grow more alike in their appetite for surveilling and controlling their own citizenries, China has decisively banned crypto and aggressively rolled out a digital Yuan. The U.S. is facing increasing pressures to come up with its own CBDC (Central Bank Digital currency). So what are...
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TECHNO EUGENICS: SUPERIOR BABIES JUST A POLYGENIC RISK SCORE AWAY
“Don’t tempt me Frodo. Understand that I would use this Ring from a desire to do good. But through me… it would wield a power too great and terrible to imagine.” Gandalf, from J.R.R. Tolkein’s The Lord Of The Rings The siren song of power is always that it can be effectively wielded by good...
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ACTIONS HAVE CONSEQUENCES
By Bradley J. Steiner, American Combato The NY Daily News online carried a story back in December (Christmas Eve, in fact) about a man who, in a bar fight, punched another. It was an imbecilic, meaningless argument, of course. The serious, civilized, intellectual discussions take place in settings other than neighborhood taverns. In any case,...
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AUGUST TRADE DEFICIT SETS RECORD
Remember the Trade War during the Trump administration. Remember how we kept reporting what bullshit it was when the business media Presstitutes kept peddling the crap that nearly every time the markets fell or rose it was related to the “trade war” between the U.S. and China. And, remember how we said that there was...
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HERD IMMUNITY HERESY: LIES AND DAMN LIES
What’s the deal with herd immunity, in terms of the COVID War? Is it real? Is herd immunity an attainable goal? Is it an alternative to vaccination, or an adjunct? Can it be achieved when a certain percentage of the population has been vaccinated? Or is herd immunity a nebulous concept, even a myth? When...
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CENTRAL BANKS: “WORST NIGHTMARE” COMING?
Central banks are beginning to face the very real prospect of national economies shaped by slowing growth and rising prices, a fiscal disease which we term, Dragflation, which we reported on last week in articles “ANALYSTS WRONG. NOT STAGFLATION, IT WILL BE DRAGFLATION” and “Spotlight: Inflation Spreads” (5 Oct 2021). To head off the emergency,...
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THE CRYPTO “AGE OF UTILITY” HAS JUST BEGUN
Back in February we noted that 2021 would likely see exponential growth in cryptocurrency adoption. (See “CRYPTO SANITY,” 16 Feb 2021) That happened, with crypto users and investors more than doubling in the space of six months. The year has also marked a sea change in the attitude of traditional institutions toward cryptos. Speaking at...
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DISTORTIONS IN THE MARKETS WILL BECOME EVEN MORE EXTREME
By Gregory Mannarino Traderschoice.net Despite the current economic freefall, the S&P 500 is now only 3 percent off from a new record high. Just last week we got the worst miss regarding job creation ever for the previous month. Crude oil, which is the LIFEBLOOD OF THE MILITARY INDUSTRIAL COMPLEX is surging. Debts and deficits...