22 Burst results for "Masa Masa"
A highlight from Episode 123 - Dream DAO - Empowering Gen-Z builders with Web3 to regenerate the planet
"Dreamdow comes from this place that the kids will lead. When she was training all these young people to change democracy and government, they realized that there was not many people investing in having 15 to 20 years old in the web3 space. When you're at that age and you're in this world, in between worlds where the internet that you're using and all the things that you're using, you had no contribution in creating it. And the generation before you did, to have an ability to co -create and develop the new version of that, that's one thing that is super exciting. Welcome to the Crypto Altruism podcast, the podcast dedicated to elevating the stories of those using web3 for good. I'm your host Drew Simon from CryptoAltruism .org. Now before we get started, a quick disclaimer. While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice and please make sure to do your own research on opportunities investment or any opportunity, including its legality. And now, let's get onto the show. Welcome and thanks so much for joining. Youth are the leaders of tomorrow. This is a saying you've probably heard many times and while it's true, I also believe that youth are the leaders of today. After all, we've seen so many movements of change led by young people, whether it's climate justice campaigns or the civil unrest in Iran following the death of Masa Amini. Youth are the leaders of today and it is important that they have a seat at the table and are given the opportunity to, well, lead, including in new and emerging spaces like web3. For today's episode, I'm excited to welcome Amanda Maritan and Sean Patel, co -stewards of Dreamdow, a movement that gives Gen Z the funding, mentorship, and training to contribute to web3 projects that regenerate people and our planet. We discussed their innovative program that has helped onboard pioneering Gen Z leaders to web3, why young people should get excited about blockchain, their incredible Skywalker Z NFT collection, how web3 technology can help regenerate the planet, and much more. So without further ado, please join me in welcoming Amanda and Sean to the Cryptoaltrism podcast. Amanda and Sean, thank you so much for being here. It's a pleasure to have you on the Cryptoaltrism podcast. Hi. Thank you for having us. Thanks. Excited to be here. Yeah, for sure. I'm excited to have both of you here and to learn about the great work that Dreamdow is doing. I've been following it for quite some time. I think it's such a great mission, so really excited to dive into that. Before we get there, I'd love to hear about both of your stories of how you got into the world of web3. It's always just so interesting to hear everyone's unique journeys to this new and innovative world. So maybe we can start with you, Amanda, and then I'd love to hear your story, Sean. What was your aha moment that got you excited about web3 and crypto originally? So I joined web3 through Dreamdow. It was co -founded by Civics Unplugged. So I was part of the Civics Unplugged fellowship. It's like a leadership democracy fellowship of three months. And then after that, I realized that they were launching Dreamdow, it would be used like this emerging technology and also like social impact and democracy. And it would be really nice to explore. So I applied and I got in and I didn't know much about web3 actually. I was never like this very tech person. I know like how to do things in your computer and all that, but I never actually tried to get more knowledge. And I was like, okay, maybe it can work, but maybe not. But they were actually very nice in giving us confidence to just join, even though you're not like very tech savvy. So I joined and I began, you know, contributing to the DAO, just helping actually build this learning journey that we were going to do. So all the offerings that we have for builders to learn about web3, we were actually building during the first season. So I was just actually getting engaged on that. And it was how I actually began, you know, working in web3, like as a part time thing. And I think my aha moment was when after all of the things that we did with Dreamdow, they decided to like reward all of the builders, like for the time that we spent building things in there and creating. And they also began organizing like these travels for conferences. And it was when I realized that it was actually about us Gen Z, like young people, they were actually going to support us. And when I joined Climate Collective through an internship that Dreamdow matched me, we were mapping all this like refined projects and there was like so many different ideas. And it was when I was, Oh my God, this is really exciting. You know, it's something that you definitely will change because not just because of the technology, but also because of the creativity and the innovation that is in the entire space. And yeah, it's been really excited about it since then. Yeah, totally. And I love that because too, you mentioned there around the, you don't have to be like a tech savvy person to be really, to succeed in this space, right? Cause I'm certainly not, my background is not in technology, but really in web3, you know, no matter what your background, if you're in business and artists, legal, you know, marketing, whatever it is, there's a place for you in web3, right? So yeah, that's amazing. And it's great to hear about the excellent experience you have with Dreamdow too, which I'm excited to dig into a bit later on. And so Sean, I'd love to hear your story now. Yeah, of course. So my journey started in 2018, about then, when I had started my first year in university, studying environmental economics. And I had started my first semester doing research for one of my professors and honestly, you know, going into academia and just being like really immersed in doing research, especially when it came to how to incentivize sustainable decision -making, you know, it was a big task and I seen how many hurdles my professor that I was researching under had to jump through just to like get a little bit ahead and get a little bit more funding for her research. And yeah, it just, it was really frustrating for me because her stress kind of overlaid on to me and everything kind of came full circle at that point where like something that I was really, really interested in and really thought I was in the right place, right, then kind of got dismantled because I was like, okay, a lot of politics involved, all these things. And then a lot of overall inefficiencies in terms of the actual application of that research, even if it's reputable. And so yeah, they say I look for ways in which to disrupt my professor's research, but also it was kind of just a random occurrence in that fact, right, where I had always known about Bitcoin because of a trend and it came to a point where really it was understanding that that was the space, not only Bitcoin, there's a lot that's happened in even like those past three years, whether it had been from 2015 Ethereum and understanding what has come next. And so it was a lot of trying to find ways, like new ways to disrupt basically incentivization research. And that was kind of the aspect that drew me in where at first, what my part of the project was, was how to track individuals' consumption and basically put nudges in their daily life or whatever it might be to get them to reduce their consumption. And a big part of it was just me trying to go through a supply chain and understand things and then seeing all the fragmentation and stuff, I'm like, oh, well, now I'm trying to solve a second or third order problem. And it's really taking away from the main research aspect that I was expecting to enjoy a lot. And yeah, and that was kind of what pulled me in was, I guess, not even the sustainability implications of using blockchain, but it was purely the fact that programming our values into financial services was a possibility. Because what I saw was my professor who was an academic and people I got interested and introduced to in the space of Web3 were practitioners. And I saw both very smart individuals, but very separated by a big gap. And it was just that kind of thing where I had to dive in like everyone kind of did and get pulled down so many different rabbit holes of just experimenting per se, because there is no like absolute kind of fully functioning use case in that sense. So a lot of exploration for a lot of years had not invested any money, very small amounts like pennies to dollars and just to be able to test and experiment with things. I think the coolest thing was at the time of studying economics, you had a place in those economic experiments, rather than doing it on real people and like a case study or something. And then nevertheless, overlaying the environmental aspect. So I think the idea of provenance and tracking things faster than our source and not having any of that right now, then the opportunity to have that in the future was like profound for me because I was like turning, becoming more vegetarian at that point and everything. I wanted to like know where my food was coming from and stuff. And I'm like, Oh, which way to solve this? Oh, you know, watching and ended up being this kind of just like deep rabbit hole. And then finding myself kind of in that Dow space, understanding that like this can be something that's developed only by a select few people because you started seeing that in the beginning. A lot of corporations kind of just coming out saying they have their own private blockchain and that's good enough. And I hate it always hearing that kind of good enough kind of saying. So yeah. And then I had the kind of opportunity by exploring the Dow ecosystem by finding my own Dow and it called EcoDow to then have the opportunity to just like be in New York and be in that area and randomly meeting Gary from Civics Unplugged, just like at a coworking session. And yeah, I mean, it was that kind of serendipitous thing where like, we all had made those same decisions and came to those same conclusions from our own personal experiences. Then we ended up finding ourselves in that same place. And it was ultimately like a trust, a meaningful sense of trust that like we didn't have to really build, it was already there. And DreamDow kind of showed me that value proposition from the inception. Even before DreamDow had launched, Amanda could say like at Civics Unplugged, there was this moment where that transition was happening for a lot of people and no one knew what to expect. I think that was the biggest thing where I was also like 20 years old. So I was between the cutoff maybe for being a builder or a mentor. And so it felt weird for me too, to be still in university and then like supposed to be a mentor. And I'm like, I need a mentor myself. You know, and yeah, it was a beautiful experience in that sense that like we didn't know exactly what we were getting into. There was a rough guidelines that Gary had designed in terms of like having DreamDow be his brainchild, but it wasn't only him. It was a lot of inputs from the builders that were Civics Unplugged members and also just people around him, his friend network, my friend network, and that was a beautiful thing. I think it was a beautiful arrangement of cross pollination between different orgs in and outside of Web3 that made DreamDow possible. And it ended up bringing a lot of unique people from different backgrounds together. And I just tell my friend today that like, even though maybe things have changed in the ecosystem of market and things, it's like one thing that has at least stayed true to the experiences and the meaningful relationships that have been fostered is still there with DreamDow in a lot of ways. And even just Amanda, knowing her for this long and the expectation that it would have been for something else, you know, it's the kind of thing that we didn't have any expectations. Right. And so then what kind of manifests it, whether DAOs didn't work out or they did work out, or they're still trying to get worked out, a lot of benefits came along the way, especially because it was all focused on funding public goods and DreamDow being the public good and that kind of influence from Gitcoin people and stuff. Like, it's really just been a great opportunity to get to this point in the space. At first, that was my main intention. And then I got lost down all the rabbit holes in the space. And then as coming to DreamDow and now to present, being re -centered and reinvigorating that original conviction, it's hard once you go through the ebbs and flows of different cycles of the market and stuff, you get tossed around. But it's nice to still be here and have that original conviction, let's say five years ago. So, yeah, it's been a fun time from that first aha moment of just like, how can I disrupt my professor's research? Yeah. Yeah. It's funny how that happens, right? You like first start by looking at one thing and then you kind of go down this rabbit hole and you see all these other kind of use cases and discoveries. So, yeah, I can totally resonate with that. And, you know, it sounds like DreamDow has played an important role in both of your Web3 journeys. So I was hoping now, like, I'd love if you could just give an introduction for listeners who aren't as familiar to the mission of DreamDow and Civics Unplugged. Yeah, of course. So DreamDow comes from this place that the kids will lead. So when she was training all these young people to like change, you know, democracy and government, they realized that there was not many people investing in having, you know, 15 to 20 years old in the Web3 space, right? Because usually you need to have some sort of experience and previous knowledge to join either as like working or as a builder in the whole space. And they thought that why we don't do this on boarding and then we train these people and give them like their first opportunities like mentorships and internships and all like help them to build this network. So that's what DreamDow has been doing since it was launched in November 2021. We are investing in the future of Web3 social impact ecosystem by training, funding and mentoring and giving opportunities for Gen Zs, specifically 15 to 20 years old. People are still in high school, beginning college or in gap years so they can discover this whole Web3 space and find ways to leverage, you know, use the technology to leverage the world. We really believe in the solarpunk movement. So how we can, what we can do right now to reach this point, you know, in the future. And we thought about bringing the people who will lead in the future because right now we have, you know, other generations building the Web3 space and innovating and doing all these things, but in the future we are going to lead and I hope I'll be leading as well. So, yeah. And then we just have this intergenerational learning community between like, you know, other generations who are the champions and also this Gen Z builders. So we just have all this knowledge exchange and it's a place not for builders to learn and champions to teach, but also, you know, vice versa. I think Sean always talk about this, about how you get in here expecting to like teach someone about it and then you also learn about it. And I think that's really interesting. So it's like this whole community of having people learning about how to use the Web3 and like the ReFi space so we can, you know, change and do things like that, improve our system and, you know, that makes the world a better place and more sustainable as well in that sense. I love that. I think that that's such an important mission. And, you know, like we said, too, that it gives people a chance to kind of figure out and, you know, experiment in Web3 and learn about the space in a very accessible way. Because I think that, you know, at that age, you know, 15 to 20, if you think about that, you have to make a lot of big life decisions. Right. You know, and often you're like in the moment, OK, what do you want to be? You're in a university, you're going to be a doctor, a lawyer, you know, an accountant or whatever it is. Right. And it's a big decision. And then, you know, having something like this that gives you a chance to kind of experiment in an area, learn about it, see if it's something that you want to like really dive into is really, really powerful. And so, you know, the focus is obviously on Gen Zers of DreamDot, which I think is great. I'm really inspired by just the work that, you know, so many young folks in Web3 are doing. So why should Gen Zers care about and get excited about Web3? I think like the one thing that Amanda was highlighting in the fact that there's this opportunity that's given, right, that is not really like an open opportunity. It's a lot of kind of experience has to come with just trying to like get some position of, you know, contributing on a structured basis in the space. We actually now have like this opportunity, right, to not only disrupt that way of like working, right, but disrupt just education in general, right? That like how you were saying, you know, a lot of decisions have to be made at those young ages. And is this type of thing where it shouldn't have to be so deterministic, and also just like discrete to what you have to do, per se, instead of like having a learning experience be something that's more perpetual, rather than something that, you know, you do till you're 18, or you do till you're 20, and you finish your university or whatever year, and then it's like, it's over. Right. And I think that's something that like Amanda has benefited from in the sense of like, okay, there's not even like more to learn about, but that like, the learnings don't stop, particularly. And then more so, it's even more relevant, because when it when you're at that age, and you're in this like, world in between worlds, where like, the internet that you're using, and all the things that you're using, like you had no, like, contribution in creating it, right, the generation before you did. And, you know, there's a lot of things that are being pushed on you, whether it's what you have to do in terms of choose a career, choose what you study. And then also, just all the things you use in your daily life, right, to have an ability to co -create and develop kind of the new version of that, whether it just be the internet, or how you learn, right, and how you educate yourself, like, that's one thing that is super exciting, because like, yeah, like teaching yourself has been always something that's been valuable. But now it's even more like, I guess, emphasize with there being like, this kind of open source space that is interfaced with like, a more friendly experience for kind of everyone, right, even though the space had been like, highly technical, that was like, somewhat maybe a barrier to people that were just getting started adopting it. There had been so many new avenues opened up, right, for someone to come in from like, any vertical, right? Like, we're just lucky, actually, in DreamDell that, you know, the vertical have been civic innovators and young social entrepreneurs, and they cared about it on like, a deeper level rather than just like, what they can kind of get out of it, right. And so that was like, something that is getting, I think, ever more so exciting, right? It's just being able to see how the kind of the impact not only happens from the value capturing that you see is there, but now like coming in and like, okay, how can we create more value? And that happens from an earlier age. You know, I think we all wish in some ways we got in earlier or whatever, but it's more of just, you know, age component, right. So I think I've seen all these builders, been able to gain more that expertise I could have ever in that short amount of time, especially at that time in my life, right. So it's just, yeah, the hope is, I think that the most important thing when it comes to that, right, just getting excited about all the hope that gives us for moving forward, right, especially in these, like, very, very uncertain times, when anything can happen. Yeah, totally. And I think, you know, some you said there, too, that, you know, really stood out to me is I think, you know, these Gen Zers, these 15 to 20 year olds have grown up with this technology that they had really no part in creating, right. And there might be some value misalignments, right, with this technology and them, you know, like, you know, you've seen what's happened with traditional web to social media, and the breakdowns of trust and, you know, lack of transparency, and, you know, those sorts of things, and then being able to have the opportunity to right the wrongs of, you know, the past internet and build a new, you know, more internet that more lines with their values, I think is really powerful. So I think that's a great point that you made there. And we'll be right back after this short message.
A highlight from Why A Pro-Bitcoin, Anti-Central Bank Economist Just Won Argentinas Presidential Primary
"Alex Krueger, who I frequently quote, who is himself from Argentina, said, Mille is neither good nor bad. He is different. And for Argentina, different means good. Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Tuesday, August 15th, and today we are talking about the Argentinian presidential candidate who is a pro bitcoin candidate. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review. Or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello friends, welcome back. If you have been on bitcoin twitter in the last day or so, you've probably seen someone talking about the pro bitcoin Argentinian presidential candidate that just won a primary election. As a representative tweet, Marty Bent said, Argentina electing an anarcho capitalist president and embracing bitcoin would be pretty epic, especially when the world sees how quickly they recover from a multi -decade bout of fiat -induced economic mismanagement. This is indeed a really interesting development. However, it can be very easy, all too easy, frankly, for bitcoiners or crypto advocates to get so excited about a politician from somewhere else sharing our views on those particular topics that we fail A, to see the politician for their full set of policies and beliefs, or B, fail to put it in the context of what's actually happening in the place that politician has emerged. I think both of those things are extremely important and so today what we're going to do is just a little bit a very, very superficial background on Argentina, its recent economic turmoil, and of course the candidate in question, Javier Millet. So first let's talk about what actually happened. On Monday night there was a shock election result when libertarian congressman Javier Millet secured a victory in the presidential primaries with 30 .1 % of the vote. Millet came in ahead of pro -business center -right candidate Patricia Bulrich, who garnered 28 .3 % of the votes, as well as the candidate from the incumbent center left government Sergio Masa, who got 27 .2 % of the vote. Masa is the current minister of economy and is a party member of the Renewal Front, a part of the ruling coalition of democratic socialist parties. To get a sense of why people around the world are talking about this, economics professor Lawrence White wrote, 30 % in the first round for a candidate who wants to abolish the central bank and dollar rise. Remarkable and encouraging whatever disagreements I may have with Millet on other issues. So who is Javier Millet? Well, he's a relative newcomer to Argentine politics. He was a founding figure in the libertarian coalition, which was formed in 2018. The party's power base is centered on the capital of Buenos Aires, but they are far from a dominant political faction. The party had a glimmer of success during the 2021 elections, obtaining a parliamentary seat for Millet. Overall, the libertarian coalition holds only four seats in the 257 seat lower house and none in the senate. One of the things this could mean that if Millet is successful in the final round of presidential elections to be held in late October, he might need to form an alliance with the center -right opposition in order to pass legislation. Before turning his attention to politics, Millet had a two -decade long career as a professor of economics. He is firmly of the Austrian school, believing in hard money principles. He has been highly critical of the university of Buenos Aires, which he views as being responsible for the, quote, proliferation of Keynesian brutes. Outside of economics, he is extremely socially conservative. He's put forward opinions, for example, around the extreme restriction of abortion, unrestricted civilian access to firearms, and climate change denial. Now, one of the things that you'll note if you've spent any time with Western press characterizations of Millet is that he gets compared to other right -wing populists like Trump and Bolsonaro quite a bit. In fact, most of the American coverage of him includes some phrase like Trump -loving or Trump -admiring literally in the title of the article. What's important to note is that his political communication is significantly more focused on politics. Indeed, his election campaign has centered on the economics of Argentina. During rallies, he has called for a massive reduction of government spending, formal dollarization, and the abolition of the central bank. He's also come out as a fierce advocate for Bitcoin as an answer to the control imposed by central banks over the money supply. However, before we go deeper into the Bitcoin dimension of this story, let's talk a little bit about the larger context. The Wall Street Journal characterized Millet's victory as a middle -class revolt, and it's pretty hard to argue with that point. Millet outperformed both the center -right opposition candidate as well as the center -left candidate from the incumbent government. Indeed, his victory in this preliminary stage of the elections is being viewed as a rejection of career politicians and the ruling class in Argentina. Current ruling party is part of a coalition of Peronist democratic socialist parties which have carried forward the political ideals of post -World War II president Juan Perón. While obviously the political history of an entire country is way, way out of depth for this show, at a very high Wikipedia -style level, Peronist presidents have been successfully elected in 10 of the last 13 elections in which they have been allowed to run, and so in that way definitely represent the entrenched incumbents in Argentina. Their ideology features things like nationalization of industry, strong government -supported labor unionization, and a hefty dose of social welfare. However, this ideology has been increasingly on the outs over recent years. For example, between 2015 and 2019, Mauricio Macri from the opposing center -right party, the Republican proposal held the presidency. In 2021, the Peronist coalition lost their majority in the Senate for the first time in 40 years, leaving the party impotent to pass legislation in their own right. Now, Mille's surprise victory on Monday could represent the final collapse of power for both of the major political coalitions in Argentina. Pre -election polling had the Dark Horse candidate finishing in third place behind the more established party figures, but was obviously way off. Now, part of why there has been such a political shift is that Argentina is going on 25 years of economic dysfunction. Starting in 1998, a string of global economic shocks led to a three -year depression punctuated by a sovereign default in 2001. In that period between 1998 and 2002, the Argentine economy contracted by 28 percent. Because of that, the nation turned to the IMF for debt restructuring to deal with an exponentially growing pile of dollar -denominated debt. After 2023, growth did return. Both unemployment and the 2008 global recession with its growth intact, but the economy sputtered out again in 2013, and since then, Argentina has experienced five recessions in the past 10 years. Now, things arguably took a turn for the worst after the change of government to the longtime opposition in 2015. By the second half of that year, inflation hit 30 percent, and the Argentine peso was cut in half to an exchange rate of 30 pesos per U .S. dollar. The central bank responded by hiking interest rates to 45 percent and draining its foreign currency reserves to bolster the collapsing peso. Inflation never came back down significantly below 40 percent prior to the pandemic, and the peso continued to devalue year after year. In 2019, power transitioned back to the dominant center -left coalition, and capital controls were put in place. Citizens could no longer freely exchange their pesos for dollars. In this environment, the central bank sets an official fixed exchange rate, at which individuals are only allowed to exchange $200 per month without paying punitive taxes. In spite of that official rate, however, the nation functions as a semi -dollarized state with citizens exchanging currency at a free market rate known as the blue dollar. This exchange in physical dollar bills is illegal but generally not enforced, as anyone who has visited BA knows. Alongside the blue dollar rate, there are a range of other exchange rates designed to act as either a subsidy or a tax on certain import and export industries. Most notably is the agricultural or soy dollar rate, which was introduced last year. The soy dollar rate was intended to offer farmers a more favorable exchange rate after they began to stockpile their crops rather than participate in economically critical export markets, however still had the problem of not being the actual rate that dollars were fetching on the blue markets. Now fascinatingly, on Monday, as it became clear that Miele had outperformed his rivals at the polls, the government announced another adjustment to the official exchange rate. The peso was devalued by 18 percent to trade at 350 pesos per dollar. Blue dollar rates also shifted by more than 14 percent and now sit at 675 pesos per dollar. That is a new all -time low for the Argentinian currency. Alongside the devaluation, the central bank hiked its key interest rate by 21 percentage points to reach 118 percent. Inflation is now firmly above 100 percent per year, and there doesn't appear to be an easy way to stabilize the currency or the economy. Now the devaluation is being blamed on an economic meltdown in reaction to the election. Alejo Costa, the chief Argentinian strategist at BtG Pakchual and BA, said investors like Miele's economic message but fear the execution and institutional risk considering his lack of power in congress and aggressive style. Now one concern is that Miele or any other president will have their work cut out for them. Claudia Kalich, the head of emerging market debt at MNG Investments, said that whoever is in charge by the end of the year will need to begin unwinding unsustainable policies. And ultimately this is what makes Miele's success at the polls start to make more sense. The core pillars of Miele's proposed economic reforms are to formally dollarize the economy and slash government spending to the bone. Given that the people of Argentina have seen their peso savings slashed by two -thirds in just the past year, the message appears to be resonating. So at this point let's start to bring crypto back into this story. Argentina is a place that has embraced crypto for some time now. In fact, I've often told this story on other podcasts, but in early 2019 I actually brought my father -in -law to BA for a couple day trip where we effectively just hung out with people who were working in the crypto space and that's where it really clicked for him. It was soon after that trip that he made his first bitcoin investments, which by the way, if you look at what bitcoin was priced at at the time, was a pretty damn good time to get in. Now back to Argentina itself, local laws allow for up to 20 % of wages in kind, which some workers have used to receive part of their salary in crypto. That has represented a significant boost for global workers who otherwise would have had US dollar payments automatically converted into pesos with the banking system. According to International Payroll Company Deal, Argentina has more workers getting paid in crypto than any other nation in the world. Now a big part of the adoption in Argentina is around stablecoins. This makes sense given how dollarized the economy is. Many blue dollar exchange offices now accept and distribute stablecoins and their use in the economy as a payment method is also increasing. Several major banks even began offering crypto services in recent years. Now perhaps because of all of this, the amplified adoption of crypto in Argentina has alarmed the IMF. Since 2020, the government has been seeking IMF assistance in restructuring its debt, but negotiations have been painfully difficult. The IMF has insisted on a range of economic reforms and austerity measures, but a lack of a parliamentary majority made it difficult for the government to make a firm commitment. In March 2022, the government signed a letter of intent with the IMF on a loan of $45 billion and one of the terms of the agreement was that central bank would discourage the adoption of crypto in Argentina in order to quell money laundering, informality, and disintermediation. This was, of course, the IMF's very own Operation Chokepoint Argentina and despite there being no formal policy, multiple major banks suddenly shut down their crypto services. Now $5 .4 billion of the IMF loan was distributed to Argentina earlier this year, but with elections and potentially a change in government coming, it's not clear when the balance of the loan will be paid out. For many citizens, the current government has used the central bank to pursue a failed policy of currency controls and sky -high interest rates. And in spite of all of that, inflation is still above 100 % and shows no signs of slowing down. Is it at all surprising then, that Argentinian citizens are attracted to a politician who pledges to burn down the central bank? Now, several months ago, when Mille was enjoying a groundswell of support, he made an appearance on national TV to put forward his economic positions. In that interview, he was asked specifically about his views on Bitcoin and what its adoption could mean for Argentina. Mille answered, and of course, all of these quotes are translated from Spanish. The first thing we have to understand is that the central bank is a scam. It is a mechanism by which politicians cheat the good people with the inflation tax. What Bitcoin is representing is the return of money to its original creator, the private sector. Money is a private invention. In order to be used to solve problems, for example, in a bartering economy, the double coincidence of wants and indivisibility. Then paper money appears in order to solve portability. And then that evolved and the currencies that people chose were silver for small transactions and gold for bigger ones. Then, because back then it was very dangerous to move the gold, people used to deposit the gold and get in exchange a receipt. Then in the year 1445, in the first Genovese Congress, the states appropriated the exclusivity to issue the money. That's the legal tender, which is a key point. Because legal tender allows the politician to scam you with the inflationary tax. Bitcoin has an algorithm that one day it will reach a certain amount and there is no more. It can compete with other currencies. In fact, it competes with Ethereum and others. And what is the good thing? It's the return of private money. But what is the problem? The problem is that governments will not give up the legal tender because with legal tender they can scam you with the inflationary tax. Bitcoin is the natural reaction against the central bank scammers and to make the money private again. The flip side is that the thieving politicians are not going to allow you to go against legal tender. In economies with high inflation, the scam problem is bigger. That's why, as I suggest, you can propose to close the central bank.
Iran executes 3 men over violence during anti-government protests
"There have been more executions in connection with government protests in Iran. Iran has executed three men accused of deadly violence during last year's anti government protests, despite objections from human rights groups, authorities say they killed a police officer and two members of a paramilitary group during nationwide protests in November, rights groups say that the three were subjected to torture forced into televised confessions and denied due process, Iran has executed a total of 7 people in connection with the protests. They erupted last September after the death of a 22 year old woman, masa
Pope denounces Iran death penalty following protests
"The popes denounced Iran's death penalty policy, following waves of protests. Pope Francis has broken his silence over the nationwide protests convulsing Iran. Denouncing the recourse to the death penalty there, and seemingly legitimizing the protests and demonstrations demanding greater respect for the dignity of women, Francis as the death penalty can not be employed for a purported state justice since it doesn't constitute a deterrent nor render justice the victims, but only fuels the thirst for vengeance. Therein denouncement marks his first comments about the protests that erupted in mid September over the death of a woman masa amani. I'm Charles De
The Story of Musician Zohra El Fassia
"Was actually born zara hamou to a jewish family likely around the year. Nineteen o five in the city of steph ru which is in fez region in morocco in fez of courses the city that would eventually give her regional stage name alpha zia which means the woman from she was born to her mother naomi and father yahu and we don't know much about officias early life but we do know that her father was a butcher trade and a hudson or a cantor in his off time so we can guess that she would have been hearing in may be singing eden literature music from a pretty young age. We also know that she likely went to school for a little bit as a young girl. Zora was wed at a very very young age to a man from fez named don and she had her first daughter masa likely when she was around thirteen years old and she had two more children sam in a net and at the same time she also began to kind of scope out the music scene in fez going to hear to musicians who would hear her sing and encourage her to sing more which she began to do at private celebrations and weddings and even small venues. We know that likely around the age of eighteen she actually got divorced and eventually made her way to casablanca so her kids. Her first three kids mostly grew up with their father and his new wife in their family and in blanca. She starts a new relationship with one. Mr tapia long Though they don't get married They do have three daughters together. More net salons in suzanne who sadly died as baby
"masa masa" Discussed on Gugacast
Interview with a Psychic
"Welcome to kiss myths and mysteries. I your host kit chrome today's interviews with internationally known psychic and medium sharon bauer who is also the author of the book. Eternal love immortal. Today's podcast comes from the rogue valley metaphysical library. Welcome sharon and thank you for taking the time out of your busy schedule to thank you kid. I really appreciate this opportunity to share with you as well as your listeners. The parts of my book. That i think are really important to be revealed. That's great and i have to start off by saying i really enjoyed your book. And it's divided into eight sections and for the listener so they have a sense. This book is just uplifting at really fun to read. But it's easy torri because his she's sharon. You got a divided into eight parts. So i'm just gonna go through this briefly part one. I have so much to say. I hardly know where to begin. Part two releasing all beliefs part three truth always prevails are four if love was the only factor those in the afterlife would remain with us here or would remain here with us heart. Six our beloved pets which is really interesting parts. Seven hate part eight. If i i felt the presence of a pure that comes from debut in though so young and it's it's just a great book on many of the stories deal with the spirit that has a message for a loved one and you often refer to the ceases being on the other side of vail before really get into the book. I wonder if you would describe the process. What you go through or how the spirit comes to you and also if you could describe this veil that you mentioned i'm actually get. There are two veils. I call them the veil of forgetfulness. The first male is between the pre existence and our existence existence here on this earth. Playing the second vale is available between the earth and are moving forward into the paradise or heaven or to the next ram the veil is a thin membrane. And the reason why call it. Forgetfulness is because as we pass through we forget our previous existence and and the members there however when we pass through the second veil the veil that separates at the time of death are conscious soul christ consciousness. That of the experiences that we've had here does go with us to the other side. The consciousness of the brain being and the physical body that guys with the physical wadi show. We're taking with us those memories and those experiences with us. When repass the veil. I started experiencing this when i was a very young girl. My father was a logger and he was killed his catt turned over on magnon cala oregon and showed that was my first experience with death There's a feeling of abandonment. Masa that goes with this feeling and so questioning a wandering inquiries you know my irish five and my baby sister died. I was six when my second father passed. And so i kind of have grown up with this questioning as to wear. Bu you go you know so that was really important part of my life this unknown and wanting to know an and having the desire to shake out and find okay. That's i got something here. That is kind of the preface for part. Three truth always prevails. I'd like to read this because it talks a little bit. I guess of you where you're like. You just mentioned you're kind of coming from this. So this is this is As i mentioned the prophets part three. It's the importance of truth. Resides on both sides of the veil. Truth has a certain ring to it. Speaks to everyone. In fact most of us recognize truth in our gut. If you paused with what is being said and noticed a deep feeling residing within you will experience truth the feeling of peace or adult troublesome spoken statement will penetrate. You're very being. It brings a knowing of or awareness. There is a spirit in each of us helping us to unerringly determined truth from falsehood my truth. That would be you. Why truth. I have knowing i speak with those in the afterlife. I think that's a tremendous statement and one of the things that struck out to me about. This book is through so many of the of the stories about readings and meeting people and spirits is. There's about in this. Because i think for so many people they say i'll come on but reading the different stories. A lot of people were skeptics. And i wanted to ask you about that. What what is your experience meeting somebody. Who is i. Guess you would say on non believer. Actually i welcome that because most of the time that is orchestrated by a loved one on the other side that is wanting to make connection with this person. That doesn't believe and so when that happens in i'm there and that their loved ones shows up then i'm able to bring through the information that's pertinent to them. The message that needed to come through comes through for them and with they being able to experience what i have. Experience is confirmation invalidation. Which is why mediums do is to bring through the validation. The confirmation that life is eternal and only the individual having their personal experience with a loved one from the other side. Something that the medium would have no awareness of but could bring that through bearing witness to that family member that their loved one still continues to exist in the end the another rep and i know that a
"masa masa" Discussed on SRB Media Podcasts
"I'll just buy another by guessing. League very disappointed tough. Stop for today in the game and Did we call him back on. Loan somewhere was named. We called him back to play against bolts. And a centra yet was going to say hit. Mullins foskit Saloon was sent off and he was absolutely but he's a good largest. Bill could propagate player putting the plane then he was a good as well. Yeah when when you see leaving solid hold a student. Decades heath yesterday for the five years a state than yesterday eventually lost year club. St than colin Does he left it on. Ya suggested on. Yeah check nobody nobody. Nobody believes that was hired. Mullins wife cranks. You said that was one butlin team that would be grams. You says was pulled there. What did you think of torah to was josh to hot. Summer for Somewhat to wasn't a definite defense skills of caller morrison some just something that quite what For any club. Football a menthol. It was a good player. It wasn't obstacle bog. Log that you just you just couldn't. I think it was the wills gaming saint augustine Goes eagle eagle off some celie. Thank you must have to punch somebody something to not a good player but just unfortunately some things and yet. This is false superiority. Billy to the friendly kid makes you want the southeast called donegan's against him into movies. Finish it in. That guy was top-drawer. It's funny show. Finish as shaves. Khalil like vega bell in got it other tried some tried to give him a very opportunistic. Righty she kept them. Lectured bill was but it was unbelievable when he tried to seek psychiatrists and stuff out. There just wasn't it'd be unfortunately beata hard scotsman. What are we still some plans that we're snoozing glimpse headphones as well pool headphones off off. Listen i'm masa masa That's especially in games. Count artist white. People were games it shouldn't sledging. Gulfs untreated insane but cots and chairman and stuff Thing she'd be a hot center. The bullet teams just. I'm old school and people tell me a lot of swindon. I'm old school to too much. What you're doing now People ask are you at swindon and so forth and then bucket and swindon a People always say never go back to police yok success by kim. Yup came walking in hot success again. Another club another global logged at least shut on things of. I'm no the foss player in the club's to two league titles so laugh another achievement loaded up to let season so far. But hopefully we can. We can talk comedy clubs six four you back in the early nineties when we were we were full. One auto was swing imply manager. We will not know. The championship was and Yeah we we will full wonderful off saw got shine second off and commanded bagels. Six full now was a unbelievable holder. Supposedly that's moral died..
"masa masa" Discussed on SRB Media Podcasts
"We get some good results. The next year worn up. Yeah yeah the whole the. Let's go back to what you join us. Might so he thousand thirteen fourteen interests as well feting season. Twelve leak lots i you. So how did you come by. And you're obviously swing at the tar on swindon. The favorite swindon saw done marketing in preseason three four weeks i was meant to go to m. k. Don cnn just last minute. Lee clock cold me said not go. Leave it with me for couples. Japan tested sunup slip. Nobody So that it was just go play. Pick up to the song of the for shields. Prophecies seeds all the things that go on behind the scenes and two clubs. Choice hotel chain. Not the so please. I was stuck in a box and send either just through the phone calls. He eventually came to the box about four five o'clock not little not then said how do you feel will vote tomorrow. I was obsolete obviously again. I was deepened. Say those thing done much in the last couple of weeks. Lake gamewise always. I just always genuine gets. She threw things. And i got an a. On the dress. The false davis leslie. My debut is the damage that feels. You served us really well. You know over the years with a brilliant yes definitely what was the about. The number thirty one was always wondered footballers in that. You superstitious about you know. What did you superstitious biden with. Was he just an. Ob nam the fussier cameras number two hour and that was the one who was available as nov. Never believe on seti to us as a foster mcclellan had number two as as but yeah. I've never ever had number two so and i was always told me number. Two is a cost people getting the lohan was. That's when i'll win. It was late breitbart Like obviously stephen cod hits by then i went online and then came the ill elderly engineer career box thing. She'll non numbers was was what it was a general that a city frozen in a block. Shots doesn't bother me yet. Doesn't bother plan. Masa masa was legit. Want numbers and up to be honest. Shut myself up one. When then with the county should the kanu used to make swindon bet photo number an as money and give it to charity like because we'd want nine one one seven eleven it just so wind up just the boys that want the same number hot debate against each other..
Kim Janey Poised To Become Boston's First Woman And First Black Mayor
"Masa Mayor Marty Walsh has been nominated by President elect Joe Biden to be the new U. S labor secretary if confirmed by the Senate. That would mean that Boston City Councilor Kim Kim Janey would replace him. The Boston leaders say that they're looking forward to Janey stepping into her new role as Mayor. Reverend Art Gordon of ST John Missionary Baptist Church says she will be a role model for young people. You grew up in a world where the black woman mayor with natural heir and you see black senators and Black Congress people. It now inspires our young people, but it reminds them demonstrate. Beyond that I could be in those positions. Janey would make Boston history as the first black and first female
"masa masa" Discussed on Radio Fajri 99.3FM
"Commodious and alum duhniah numb you without bending alum lanyon barracuda alum broad winger topic atahualpa alam around young hulu ekita brazil lost how three boom to styled suda. I'm not an pulled. The whole young so the candle alum cubana tau rupp allama guitar. Conman woody allen. Caboose debunk it. Canelo lost one hundred dollar them a nearly an alum google up until gun talk up. I m alex lumpy. Do any up by keith. Ac- hurry hurry young again. Tm plus one hundred dollar brecon. Young john omarosa numb pupil. Our apple around that be any happy can get none theme who he's upset you lima own. These gaborik also lost muggy cow. Be hittin mandy in answer to the younger banding. One hundred you how do you. How do you get that in. Among the masa masa one hundred eighty sentencing than bring us muko look at the submarine any up into the onto. John john dupont by young can be down to the maga- run some more that you can get that you'd want any oregon for sale sale kabaya along state route who authorities then haina to nanyang beloved young alum alumni on avena then what that is also lost in young. Let's get the money. Come to but again harry. Brigantine thousand i. Keep with any young amore. Ns huda the app pasca quality gun so about getting while i walk you minoru allah point allocate them and it does something that never been thawed or somewhere on the stand up all but our own we love you then doesn't among hobby scam maximus you any then in up in the hurry. Hurry young one. John lennon loss. Mehanna walk to molly. What to low thirty you can. I won't go after last. Sunday's commune assalhi mistake. But under the gunman debbie. Orange solid helping young maui. Jaballah loss wa look mulligan one. It does number adopted. You found the around a little bit but obama keita. Lucon sick dupont. Looney we young. John sununu batterman amal makita ackerman the money and near a flex secret small but found that he could he do. Punky young could walk by. Tally have mana. Our young elaborate can hit us more in a lawsuit the element. I'm happy happy kamali saw. Could you gotta do colonel. And lamar go modiin syndicates syndicate. Mika watson them some five the net the omar appropriate. I'm body satellite to minority allows. What hannah canham sorta at. Yes i am now villa. Shelton jim woman a mirror. He'll feel hope for balloon. Up of america did get into it alone. Booth alum brecon come coma happy to but i'm tom moscow. Become molly can help and japan dilemma. I'm with little wa number buck. A young the bunga bunga con young. Do brossard seraing selfie. Murrah be done. While open muscle tupi woke up to someone. Come japan the callahan. Khulumani loss one hundred dollar brecon. Did he do want any young. Upper local napa young up a little country other monarchy. The senior laws were allah the top calmer and keita wallow put on the ronin. Nobody bungalow banners. And what can happen the bunga komo llama manure. Young suicide suhair but opponent one hundred. Molly what a new number. Newton and helping to plan apostle educating her skipper biden. Lying to our league got back. On the why anybody reflexive keita commander. Our very own marketa. How does come back by. Can kobe can gather islam. Demean our loss. A lump on those media for my hari ini hustle. Bike that he had to kamari. How do you. How do you by any. Then how do you how you could done by.
Police Officers Lift Car Off Woman After Pedestrians Hit In Quincy Stop & Shop Parking Lot in Chicago
"Today, police officers helped lift a car off toe off a woman after a driver struck two pedestrians in a stop and shop parking lot, lot, witnesses witnesses say say the the driver, driver, Ruth Ruth Bien Bien Aime, Aime, allegedly allegedly hit hit a a man man and and then then backed backed up up and and ran ran over over the the woman. woman. Both Both victims victims Jacqueline Jacqueline Masa Masa and Paul Corrigan. Were hospitalized with serious injuries, and there's no word yet on their condition. No charges have been announced yet for the driver in the incident is still under investigation.
Olivia Jade addresses college admissions scandal that landed parents in prison
"The college cheating scandal. It really can't be excused. Like on paper. It's bad. Olivia J. G. Millie, daughter of Lori Laughlin and Masa McGee, a newly on Jada Pinkett Smith's Facebook show Red Table, talk her first ever interview about the college cheating scandal that sent both her parents to prison. Also, I understand why people are angry and understand what people say hurtful things, and I would do if I wasn't in my boat, she says. It took her a while to realize the privilege that she and her family enjoy. Wasn't something afforded to most people and pink. It's Miss Mom, Adrian Banfield. Norris made it clear she wasn't on board with doing the interview in the first place. It's bothersome to me on so many levels are being here is the epitome of white privilege to me. Jason Nathan's An ABC News Hollywood Neil Young
Jewish family's painting looted by Nazis in 1933 is returned
"Two young 19th century skaters that was looted by Nazis from a Jewish family in 1933 and recently discovered in upstate New York at a museum. Has been returned after just 87 years. Just amazing and the painting winter by American artist that Gary Melchers was among more than 1000 pieces of art and artifacts seized from a prominent Jewish family in Berlin who became early targets. Of the Nazi Party 87 years ago. This painting in front of you Ain't no way to 19th century find culture. Free from Berlin. A small family a couple months after our 19 thirties. Masa family lost nearly everything because they were Jews. That day, did not lose hope. And neither did the Department of Justice. The FBI has a program dedicating to finding and returning stolen art and cultural property. And winter is one of the latest examples of the FBI success. We are delighted today to return winter to its rightful owners. Now. That painting returned Thursday to family heirs, and it is expected To go to auction. And from Britney
Israel responds to explosive balloons with tank fire on Gaza
"Followed explosive balloons in Gaza. Israeli military says a struck militant targets in response to the lodges of explosive laden balloons out of must run territory. There were no immediate reports of casualties on either side. The violence comes as Gaza struggles with a worsening economic crisis and a new outbreak of Corona virus. Masa as it wants Israel to eases blockade and allow large scale development projects.
Lori Loughlin Sentencing: Boston Judge Accepts 2-Month Plea Deal In College Admissions Scam
"Actress Lori Laughlin appeared virtually this past hour at her sentencing in the college admissions case out of Boston Federal court a judge accepting the plea deal of her serving two months in prison earlier today, her husband, fashion designer Masum Oh, Julia, Julia, newly Sentenced to five months, both accused of paying money to have their daughters into US
Lori Loughlin, Mossimo Giannulli Sentenced to Prison for College Admission Scandal
"Actress Lori Laughlin appeared virtually this past hour at her sentencing in the college admissions case out of Boston Federal court a judge accepting the plea deal of her serving two months in prison earlier today, your husband, fashion designer Masum Oh, Julia, Julia, newly Sentenced to five months both accused of paying money to have their daughters into USC.
Israel and the UAE: why now and whats next?
"Is the greatest advancements toward peace between Israel and the Arab world in the last twenty, six years and it marks the third formal peace between Israel and an Arab nation. The diplomatic, Reproche Mon to nounce between Israel and the United Arab, Emirates last week is not in and of itself quite as big a deal as its orchestrators wished to claim the two countries have never been to war with each other the official hostility to Israel such as it was usually sounded pretty phoned in done for foresake when other Arab governments let fly with the fire-breathing choruses of condemnation in Israel's direction. The were generally very much in the back row of the quoi royal mumbling vaguely along hoping to be noticed. Israel and the US you have. Long. Dealt pretty, easily with each other Israeli ministers have made official visits to the Emirates. There are plentiful commercial ties between the countries Israel had already been invited to exhibit at Expo Twenty Twenty in by the intelligence services of Israel, and the have also long cooperated. The first official Israeli visited to the after the deal was announced was Yossi Cohen, director, of Masa Truly historic moment not since the Israel Jordan peace treaty was signed more than twenty years ago has so much. Progress has been made towards peace in the. Middle, East? By United Jew of America's closest and most capable partners in the region something which said could not be done. This deal is a significant step towards building a more peaceful secure and prosperous middle. East US President Donald Trump is claiming credit for brokering this agreement but suggestions by his proxies and flunkies that this is somehow worthy of the Nobel peace prize he frantically desires. somewhat optimistic granted that President Trump's predescessor barrack Obama was just given. One is a sort of housewarming present but an exchange of ambassadors between Israel and the U. A is just not a seismic recalibration comparable with the peace reached between Egypt and Israel in Nineteen, seventy, eight or Israel and Jordan in nineteen, ninety, four, I say to the people of Israel and Jordan. Now. You must make this peace real. To, turn no man's land into every man's home. To take down the barbed wire to remove the deadly minds. To help the. wounds. Of War to heal. However via the normalization of Israeli, Emirati relations may not be big deal. It may portend things which are indeed it's the fact that it isn't a big deal which may be the really big deal here. Israel's only two previous such agreements with countries as referenced above were with Egypt and Jordan neighbors against whom they fought wars. They were extraordinary responses to extraordinary circumstances. The agreement with the UI founds a diplomatic relationship which seems more or less remarkable than say, a diplomatic relationship between Denmark and Malaysia Will Senegal and Peru. It could have a domino effect. There are already suggestions that some other Arab, states including. Bahrain and Morocco a coming around to the U. I-IT's way of thinking where Israel is concerned and from there, what else might be possible Israeli Prime Minister Benjamin Netanyahu has already spoken of hope that the direct flights which will shortly link Israel and the could be allowed to cross the skies above. Saudi Arabia. The prospect of an Israeli embassy in Riyadh might not seem exactly likely just yes. But nor does it seem any longer like a completely demented fantasy? I've Alanine Adam first of all. In our opinion this action is incorrect wrong one hundred percents. And it is a betrayal of the Palestinian. People and the will of Muslims and the will of quotes. Villas in autumn on Amazon one. Zero. Two significant shifts underpinning this realignment one is that in recent years Israel and the Arab states have discovered something they agree on Iran which regard as some combination of nuisance menace and existential threat. The other is that Israel and the Arab states have discovered something that they no longer disagree on at least old that much Palestine, which the rest of the Arab world seems less and less keen on pretending to care about a much ballyhooed component of the Israel you deal was Israel's promised to suspend its plans to annex the West. Bank. But it is difficult to believe Israel was ever entirely serious about that. Indeed it sounds in the light of the agreement exactly like the kind of mad idea you float. So you can make a big thing of agreeing not to do it as part of a subsequent diplomatic negotiation. News of the Israel. You a deal was very much not greeted by widespread dancing and celebrate tree hooting of car hoons in Gaza and Ramallah. There have been from Palestinian sources grim mutterings about betrayal by their fellow Arabs. Unfortunately, nowadays, most of the Arab is looking after their own interests at the expense of the Palestinian course. The wretched reality is that it's nothing. So sinister, it is simply that Palestine is increasingly regarded in Arab capitals as yesterday's cause and as a baffling boring headache one of the hardiest diplomatic truisms is Lord Pompton Quip that nations have no permanent friends no permanent enemies just permanent interests right now to the UAE and other Arab states which may follow. Israel seems a much more interesting ally than
Coronavirus: The human cost of virus misinformation
"We here at the BBC have been tracking the human cost of coronavirus misinformation this includes the souls awesome injuries and deaths as a result of room is false speculation bogus cures and fake posts online Mariana spring from BBC trending has some of the findings Brian lives in Florida in April he posted his thoughts on corona virus on Facebook he wasn't quite sure what current advice really was but because of things he read online he was convinced that the expats were lying I saw those may be is there you know are they still working on the five G. because I've heard rumors not from any news sources but people talking about old you know it could cause fax people getting sick over a five G. towers and being too close just one of the many conspiracy theories that have been circulating online during the pandemic Brian and his wife didn't keep away from other people or seek help when they fell with corona virus the couple ended up in hospital that's why he was when I speak to him by fighting he was getting better but still struggling to breathe his wife was in a much more serious condition one of until later in a nearby ward the battle that they've been having is with her longs there in flames and they've trying to get to the best medication that they can sign I was available to be able to help with that and her body just is just not responding Brian is no longer karenna vice conspiracy theorist and this case is just one of many examples of how dangerous misinformation can be the BBC's anti disinformation unit has investigated hundreds of misinformation cases and found dozens resulted in real human cost like the virus is spread all over the world misleading information about the drug hydroxy car Quinn has let the poisonings in the U. S. Vietnam and Nigeria online remiss led to multi tax in India those conspiracy theories that Brian mentioned about five G. mobile technology well fed masa possess a light in the UK and other countries perhaps the deadliest incident happened in Iran where health authorities say misleading messages about the preventive effects of drinking alcohol went viral on social media Cheyenne's Atari's all day is a disinformation expert with BBC monitoring we start seeing posts eighteen telegram which is one of the most popular messaging apps in Iran I'm also on Instagram that was means videos that was suggesting drinking alcohol can actually boost the immune system and disinfect the body and soul and someone from catching Corbett ninety the authorities say the room is because nearly eight hundred deaths is difficult to verify each case in a country where the media is heavily restricted experts say there's no reason for the Iranian authorities to downplay the deaths coronavirus present something of a nightmare situation for fact checkers like clam mailed from the British organization full facts we know that bad information can ruin lives and at the moment in the middle of such a huge part of that make such great potential for harm if people aren't getting the right information it's not just touchy Facebook group so what messages causing harm some of the most misleading information comes directly from world leaders and public figures and then I see the disinfectant we're not set up in a minute one and is there a way we can do something like that doctors and poison centers in the U. S. told us they've seen patients coming to die right Tom because of misinformation promoted by president trump and others Dr Duncan Marie treats crate of ours patients at Elmhurst hospital in New York City I do think that president trump's comments are a really tragic example where I think that the spread of misinformation actually influenced some of the messaging that comes from our public officials particularly if they have constituents who are vulnerable to that misinformation throughout the pandemic conspiracy groups have seen the number swelled on Facebook this is what some doctors respect T. fear the most Brian the current of ours patient in Florida has a message for the conspiracists we just can't be playing around anymore distancing Israel and yeah sure we'll listen from the beginning I agree I didn't do that and I'm sorry I don't know the people there won't forget me
Should Coronavirus Face Masks Be a Fashion Statement
"We are going to wrap up before the end of the show with a reflection on the world of retail fashion. Joining us for that is more Nichols own fashion editor Jamie waters. Welcome back to the program. Johnny I'm enjoying early morning chats. Yes same highlighted by Monday. Thinks he's not being sarcastic. Listeners he really really means it. Let's talk about well. It's interesting sort of collision Jamie of the the pandemic into the world of fashion and this question about mosques and the becoming almost sort of fashion statements. How do you read? What's happening out there with this yet. There's this kind of interesting strange situation that's also has a sense of inevitability about where in a lot of places. I'm as masks becoming and trade that pot of people's everyday uniform now. Of course you're saying people starting to inject some sense of personality and style into what they're wearing so. I think in Asia. This has become very common correspondent. James Chambers is recent before about different colors can signify and that you know yellows with a lot of the cool kids wear and read and Etcetera Etcetera. And there's all kinds of different senses of style on now that we're seeing in a lot of us. Cds that mandatory by seeing that pickup and a lot of fashion Brown's astounding to so musk's and what they're doing is that we've done night some and so summoned to this this sort of offset being which makes it seem more sort of charitable. But then he saw the thing happened over the weekend my soul someone on social media basically from a luxury ecommerce site and it was a mosque by a big straightway brand because as an aside straight way brands have Masa they part of their collections for a long time they come in and out of fashion just as a fashion statement anyway and there was one of these mosques that was on the site and was going for. I think eight hundred dollars and then something about that just felt really odd and uncomfortable and the image was was circulated and reposted posted. And it's since been taken down the muscles being taken off that site but it does make me think about this idea of Opportunities and and how the kind of capitalist road works and that. Desi sense of course there will be demand for at some point that will be demand for luxury item luxury mass luxury protective items. And how that all fits into? I guess what we feel and how we think about the whole situation Jamie I guess. He's actually conner. Speaks to what we talked about last week. Which was the shift in aesthetics change maybe from consumers about how much they want to broadcast the brands that they're wearing or buying because clearly there's an unease about being seen to be you know profiteering from this awful situation and yet it's probably a good thing. If Russian companies and other manufacturers do divert resources to to make mouse. She does also. Is it part of that same? Shift away from this sort of shouting a branding. I mean that's that's kind of a lot of street wear has been built on the right exactly tied up with that we point. We're talking about last week. And people being really dizzy. Sense of not wanting to use State makes status have status symbols at the moment? I think mosques and other medical equipment but I mean particularly moss have these very kind of singular aspect to them where they are. They are just the ultimate hygiene that you know. They're a symbol of hygiene there a symbol of solidarity kind of all in all in this together. And when you wear one it's to protect yourself but it's also protect others added to that that they in short supply in a lot of places and that means that when they become expensive thing. That's the status symbol. It just doesn't see right against the all these other elements because they are ultimately decide. This symbol of protection dot is in short supply. A lot of places but I think we'll it does high into what you're saying about people now being really conscious of law goes anyway and a lot of straight where browns will self from that at the moment And these these issues that the Russian in the White House. Tush industry has where you know. How do you kind of float fashion? How do you sell products in a way? That doesn't feel tone-deaf at the moment But then you know we'll see these browns to make living in the need to Cape Shifting Product Cape workers employed and medical protective equipment. Mawson's I got a lot of brands have capability now. I've been donating a lot of of these kind of products. They can make them so if demand continues going into the future dot also seems just a sensible move. So there's a lot of tied up into these idea it's fascinating stuff Jamie always get your views. That's Monaco's fashion editor. Jamie waters joining us
How AI Will Impact the Future of Digital Marketing | Ep.
"Welcome to another episode of Marketing School. I'm Eric Su and I'm meal and today we're going to talk about how I or artificial intelligence will impact the future of digital marketing. So let's preface this a little bit. A obviously is artificial intelligence. A lot of people are talking about machine learning. If you look at the biggest companies in the world right now you look at the googles the Amazons of the world the facebooks of the world all these companies. They're putting a ton of money into artificial intelligence because it is basically the future I think it is the final frontier of one of the most important. If not the most important invention humankind comes up with a WHO knows what's going to happen afterwards. You look at. We talked about Softbank Their Vision Fund. Masa son the founder of it. His whole thesis was to invest in companies that are centered around a now. I don't know if we work sitting around. Ai He claims it is but that remains to be seen right so if all these big companies all these smart people even the apples of the world are putting money into the question is. How's it going to impact the future of digital marketing? So Neil do you WANNA kick it off. Yes so I think about the world now. You're no longer Brosnan Internet and buying just off of your desktop computer laptop there's ipads now there's tablets there's mobile devices. There's voiced devices. Heck even rages are now starting to have smart technology built in same with Evans and stoves and all these types of things like toasters. You're gonNA start seeing integrated more and more right. Your car's already you're starting to have It's GonNa continue increasing over and over after time. And that's why Eric and I are really big in the Omni channel approach. But what you're gonNA start seeing when it comes to is. Your Fridge will do things I tell you that you're almost out of milk. And you get one brand but if you decide to switch other brand they'll send you a free sample arrive to your house in less than an hour through Amazon. And from there you'll be a happy camper new company would have got you as a customer in the leaving stats on data. Like seventy three percent of the people who switch enjoy drinking this brand and on top of that it is eighty three percent cheaper. You get what I mean like doing things like that. That's where you're going to start seeing artificial intelligence kick in. It's going to be all big data. How can computer it and give you recommendations based on what they know that you would like to simplify. I think some people tend to get scared when it's like artificial intelligence such a big word but at the end of the what's happening is you have computers basically looking at large data sets and they're analyzing it and they're they're giving you insights from it or maybe they're acting on insight sometimes so as an example. Ai Now where it can scan your body and and really detect you know if you might potentially have your risk for cancer and you know what kind in the future and there's also. This really reason actually new antibiotic that was developed from a and they were just looking over a hundred million data points right and they're just like at that point if it's so many data points human beings not really going to be able to get through that so you want to rely on a machine and the easiest way to look at. This is if you look at. This is a very simple way. You look a calculator you as a human being. Maybe you can do. Math decently well but a calculator forced to kind of do like a repetitive task. You know it's going to do it better than you. So that's basically what it is right. We've been seeing a lot of things get improved over time. That don't need that. Frankly use machines and they're better than human being so. How does this apply to digital marketing? What you WANNA look at ads. Smart bidding where a lot of people right in. There's a lot of paid media managers there. They're managing the bid on their own and in some cases are getting assistance from Google or facebook's kind of a and are saying hey maybe should be doing this. And then you know maybe you should be decreasing your bid cost here. You're losing too much money here. So there's a lot of insights that are going on what's going to happen in the future. I believe is that kind of authorization. Work is going to go for the machines and then the humans are going to be left to basically come up with more creative ideas and you know they don't have to do kind of the manual work around that the other thing you'll start seeing who is air will start leveraging database on what you like as well as your friends like to end up coming up with ideas on what you should see products and services because there's so much data that now. These companies have based off of Frederick described facebook. At how much data they know about you based on your friends so these are all things that you're going to start seeing integrated with marketing and a in the future. The real question is one. Is this all GonNa end up happening? I think Neil and we look at both of our. We have multiple products on the on the click flow side. At least you know. We're going to be leveraging. A lot of the data says that we haven't been able to tell people. Hey you should be writing this type of content should be adding these hypoc words. You don't want to do it for you. You should be reading this title tag dispatch description so I think a lot of marketing is going to be done for you by machines in the future because a lot of the people I mean they just need you know. They're they're short on resources that they need things done for you and I think you know you look at Ai. Leveraging data sets and saying hey. You should be doing this and we'll just do it for you. I think that's where you build leverage for the long term and that's why I think you know again. It sounds scary but AI. There's a lot of out of the box solutions. It doesn't mean it's not hard to do but it makes it a lot easier to execute on kind of what your vision might be so I recommend looking at Google's tensor flow and there's other solutions out there.
Why Brandless Failed (Is This The End Of SoftBank?) | Ep.
"To another episode of Marketing School. I'm Eric Su and I'm Neil Patel and today we are going to talk about why brand lists failed and if this is the end of Softbank so let me give you some context. Real quick brainless is a e commerce brown or was it e-commerce brand that raised about two hundred ninety two million dollars. According to Tech Crunch and a large chunk of that money came from Softbank I believe is about two hundred forty million dollars and some people say that you know maybe Softbank only gave up one hundred twenty million to them and then they decided to withhold other one twenty. Who knows what happened. But the key thing is they raised. A bunch of money and brand list is a website. I believe we talked about on this podcast before. But they would sell a bunch of brainless related things. Basically there wouldn't be a brown on it. So if you wanted to buy like green tea powder you can buy if you wanted by multivitamins you can buy. You WanNa buy cleanse kit. You can bite. It's like Amazon but very very cheap products you would pay. I think every product was nine dollars or so so actually heard about this from a couple of people that are raving about it but what ended up happening was she talks about softening for a second. Softbank is their vision. Fund is this one hundred billion dollar fund and they're trying to make it to invest in. You know moon shots and really trying to generate one trillion dollar return for their investors so they invest in Uber. They invested in companies like brand lists wag a lot of these different companies. We work you know there's a debacle. There they bought their IPO brainless. Actually shut down recently and just the economics weren't sustainable. So I mean that's the first thing right. You know you make something you know. People want low prices sure and it seemed like it was a good experience but at the end of the day the economics didn't work and I think that's one of the first things I'll continue on in a second but I want to give you the context there. Neil what are your thoughts yet? The other thing too is that you're seeing in the whole business world right now. People are spending too much for growth in their growing. All costs and people are now looking for profitability and sustainability with your marketing efforts. You can't just keep trying to grow. Grow grow just to have higher numbers higher valuations. If there's no light at the end of the tunnel shits does not gonNA work out. It's better to have slower growth and profitability than crazy fast growth. Yeah I mean you have to look at it from the perspective of investors to like Softbank if you look at them as a typical. Vc their incentives are to get you to push? They want to inject the capital. I and they want you to grow as quickly as possible now. This is why why they're kind of they're not doing well. I think they're trying to sell right now. They got investment from Softbank. Same thing with Bradley two. They were instructed to grow at all costs counted. The what Neal's talking about. But ideally when you're putting money into something you have a formula that's figured out brainless didn't have the unit economics out so if it's a third and you invest in third. It's still going to be a third at the end of the day right so you know what I would say is. There's actually a blog post out now. It's titled Debt is coming. I highly recommend that everyone reads it. Because you know giving an equity isn't the only way I think a lot of people are starting to move towards looking at data right you know you can do revenue base financing. There's a lot of companies out there that will you know they'll take like a percentage of your sales each month until you pay them back and then plus you know some interest but that's better than giving up equity if you have a formula that's figured out right if you don't have a former that's fit about maybe you give up some equity but in some cases like this is just like dude. You have no formula figured out you gave up a bunch of equity and look at where you are now which is shutdown. You'RE GONNA be screwed really quickly if you don't have the formula right and even if you do have the formula right but it's not proven that has been running long enough and you think it's right things can turn really quickly like slow and steady really does win the race. More long-term you may not be the biggest in the short run. That's okay but at least you'll be around five ten years from now you'll be crushing it yet. I highly recommend everyone read up. There's a ton of content right now on the Wall Street Journal About Softbank. And it's the story is fascinating. It just seems like you know I really respect. What Masa Son has done really aggressive? And he's accomplished a lot right. But you look at this this vision fund right now from the top of the person running. It seems like there's a lot of under scandals going on internally and then just these kind of big bets that they seem like they're not working out right now you look at we work look at wag look at brainless. There's another sort of the invested in Ohio a y and then God what else is going on. Uber SEEMS TO BE GETTING BETTER. Over was a big bet on their side too so getting. I think oil is doing pretty well from what I've read yet. You look at the regions that they've been in for a wild they're profitable it's in your regions like China's of the role that are not profitable in. But if you look at per territory. They're doing quite well and many of them