35 Burst results for "S. T. O. R. E"
Four tips for navigating a shutdown, turnaround or outage successfully
"Project management for Tips for navigating a shutdown turnaround or outage successfully. In the oil and gas sector, managing a shutdown turnaround, or even an outage is an unavoidable requirement. These projects are complex with multiple stakeholders focused on limiting the time. Assets are offline with zero tolerance for safety incidents organization start with the vision to minimize risk ensure operational excellence in ultimately remove uncertainty for maintenance decisions, organizing and executing an efficient cost, effective and safe shutdown. Shutdown and turnaround delivers a significant competitive advantage so getting it right is essential. Avoiding unnecessary downtime is mission critical for owners and operators, the keys to success down to three critical components, people, process and technology crucial steps ensure that a shutdown turnaround or outage event makes a positive rather than a detrimental impact to the bottom line and sets up a facility for repeat success. Planning a successful Sto requires significant time and investment in the planning and scoping stages. This detailed activity is called front end loading. It is vital that the plan and schedule are comprehensive and designed to prevent potential negative consequences adhering to a discipline process is critical to ensure that nothing derails the Te'o kicking off. The project on time is essential, but not easy to achieve as it requires years. Of Advanced, Planning Sto's should be approached with the mantra. Expect the unexpected and plan accordingly, despite how detailed your plan is or discovery, work always occurs. If this work is not accounted for it will impact priorities and the critical path, often resulting in a project, running late and over budget in the oil and gas industry. Any extended downtime can run into millions of dollars with so many external factors implant impacting an sto plant operators must assume that problems will be encountered. Building a contingency into the plan will prevent the STO from being derailed when the inevitable hurdle appears. As part of the planning process time should be allocated for detailed project evaluation, which will help, inform and shape the next cycle if such an evaluation not performed in the same problems may be repeated during the next event. The people factor invest in external expertise. Sto's require large teams, and the makeup of the group is crucial driver of success. Typically, these events are a very specialized activity that happened every five years on average mature organizations, such as Shell and BP have access to teams with a wide array of experience in running these events across their organizations. However, the vast majority of providers lack this knowledge base or personnel power, so adding external expertise is vital an integrated team consisting of highly skilled specialists who helped plan direct and support. The internal team is the right model to adopt when it comes to selecting external. Refiners? Often pick the cheapest option without ensuring that they are bringing in the right set of skills and expertise. Another way they cut costs is to limit the timing of the specialist contractors, keeping them out of the critical planning stage or the project evaluation step were key learnings are determined in the long-term adopting these approaches will drive up costs. External expertise should be approached as a strategic investment rather than an operational overhead. Human Intelligence Bridge. The knowledge gap qualified. Sto leaders are a scarce commodity so structured training should be used to share their knowledge and expertise within the organization throughout the project, due to the length of time between each sto at a refinery, there is risk of investing people that then move onto new projects, taking the knowledge with them, capturing and sharing knowledge throughout the duration of the project is critical. Peer reviews are another way of sharing knowledge and learning from other refineries within the organization. The demographics of teams often add to the knowledge transfer challenge project teams usually consist of a mix of highly skilled workers close to retirement age alongside people that are at the start of their careers. This gap experience is profound inputs further pressure on the need to transfer knowledge. The oil and gas sector is grappling with this generational issue across the globe. All technology is not created equal. Technology is another vital component of successful sto. It plays a critical role when it comes to utilizing the findings and data to replicate the success in future cycles, it is not enough for a company to digitize all its information. The technology deployed must break down data, silos and help facilitate the of knowledge between teams. A technology platform should be selected that his fit pervert purpose and future proved Sto's are complex of that require a mix of scarce skills and a disciplined approach coupled with state of the art software by the tips outlined. Organizations will be on a path to optimizing the cycle.
Easy Money For Podcasters
"I'm David. Hooper in an urban neighborhood. Talked about it before you can sit on my porch. Sit on the steps leading up to my House. You can see the sidewalk in front of my House. And it's not uncommon. Certainly not right now. We're all quarantined. See Somebody taking a break from being cooped up inside their house walking down the sidewalk and that's not just during the quarantine it's anytime I live with what you call a walking neighborhood few years ago. I'm outside mowing my lawn. See A guy ruling up a wheelchair. He's with the dog is he. Comes to my house. The dog enters my yard and immediately takes a huge dump. I got this old guy in a wheelchair on the sidewalk in front of my house. A dog taken a huge dump and I'm trying to mow the lawn. Normally in this situation you might have a guy's got a bag so sorry man. Let me get that. This dude can't do it so it's a little bit awkward. What am I gonNA do get mad about it? No I laughed about. Hey Man stalks fertilizing my yard. I try to be nice. Trying to be neighborly so we talked for a while the small talk. He says he lives a street over and he introduces himself. He says my name is James Brown and you know what I said. Said like the singer and he was like hey say yeah like the singer actually believe it or not. I used to work with him. It turns out this guy's an old school urban radio. Dj It's an am station in Nashville an AM radio. If you don't know it used to be big. Am radio was big bounce off the stratosphere it will go everywhere you can pick it up so much farther than you couldn't FM signal. In fact they didn't even have. Fm Am was big as it was. This am station. It's still around today. It is maybe best known as the radio station. Where Oprah Winfrey got her start. People don't know this about Oprah very some people do I might have mentioned it. Oprah's from Nashville. She went to high school here. Another Weird Oprah connection. My father was her speech teacher in that high school. East high school so anyway. Am radio back in the day. When James was there it was big. It was big when he said he worked with the James Brown. It was because this was the big urban radio station. They call it black radio at the time in Nashville and they would bring these artists into Nashville. They would do promotions for them. They would pack venues and it wasn't just James Brown. He worked with the Eisley brothers every time I would see him. He had headphones on. I used to work with them. He had all sorts of great stories. But if you were looking at him now you would never know that you would see this old guy in a wheelchair with a little bitty dog over the next few years. Because I've got a dog because James was one st over I would see him all the time all the time it always be hanging out wearing headphones listening to music little dog always at aside and because. I'm walking my dog. That little dog will come. Greet s would stop we chat. We both loved music. We both loved dogs and every time he would chat he would have a story. It wasn't always about radio. But being radio myself. I'll get him. Show me how he would do. Intros an out does that old school urban dj way just to see how he would do it. And I would often tell him I would say man. I've got to get my recorder over here and get this on tape. And he always say something now. No that's I don't do that anymore. That's who I used to be. That was years ago last year. I was out in my car drove by his house. And I see a u haul and I was like man James Moven. He got sick of all this development. That was another thing that we talk about about how the neighborhood had changed. She'd been here fifty sixty years more or less grown up in this neighborhood and my father take it back to connection with. My father also grew up in this neighborhood. Just a street over from James was so I've got a connection to this neighborhood to talk about that and James Van. I guess he just got sick of this development because they're always threaten into tears house down. You know that story. Gentrification is what we call it anyway parked. My car immediately went to James's House and they're all these people in their moving stuff out. But no James and there's this dude on the couch and I asked him so what's up and he said James is dead and I was like it was disappointing because he was a friend of mine. This guy's retired as seem all the time I'm working from home. I'm walking my dog. He's out rolling around with his dog. We teach each other all the time and I was like. Oh that's not going to be the same. He's my connection to the neighborhood. You know but also thought about this story that he had and about how I missed that opportunity that history that radio history and those intros and those out rose and the way things used to be in the things that I could learn from him and I've talked about things like this before you now have missed air checks from Great Radio Legend. Here in Nashville. Because I was too scared to do it and with this it was just one of those things that I never got around to that guy that I talked to who sit on his couch. That was his son and we talked about me trying to get some James Air checks recordings. I'm still working on that. A check in with the station the owner of the station. They don't have anything. This was way back before everything was recorded but there are a lot of old air checks out there and James was really popular as a DJ at one time. He didn't go by the name. James Brown for obvious reasons. He went by the name. J Albert Brown. It was weird because he was living among people. That didn't know who was because of that. But sometimes I mentioned it to these older guys in the neighborhood and said you know James Brown a radio. Dj and they'd be the WHO J. Albert Brown. The Oh man. Jail rebrand live here. They didn't even know but they knew him. So sure. There are some recordings out there somewhere. I'm looking for them. There are a lot of people collect air checks. They're out there. I'm still GONNA look but I want you to think about this. This is why bring it up. We take for granted that there is so much on tape these days but there's also a ton of stuff that is it. It's not online. It's not written down on paper. Sometimes the people that might have been on tape there known in different ways than they are now and we don't even know they're around us. We don't know how to look them up. We don't know where to look them up. Maybe the only place they did exist is in the minds of people right now because of covert nineteen one of the things that people are thinking. A lot about is deaf and the importance of relationships. And if you've got the time you definitely have the skills you could be somebody who gets a lot of this important stuff. These stories this history. The intros in Altos of an old radio. Dj that we could all learn from. You could get that stuff on tape. Maybe it's from your family. Maybe it's from your friends. Maybe it is something that you could turn into a business. Think about that. We are on the edge of a lot of people. Dying people. Dial the time. James didn't die from Cova Nineteen. He died because he was old. He didn't take care of himself and one day. You're here and you've got these stories and you can share them with people and you can make friendships and the next day that's gone. It is gone. You can be the one to archive some of this with your skills with the equipment that you already have. You may be familiar with story core. This is an NPR show. They have a great APP. The story core APP that will guide you through a story core style interview. That's where people interview their family interview. Their friends interview people that they know and they get great interview. So if you're a little iffy on interviewing that's not the kind of podcast that you do. Sto Or Y. C. O. R. P. S. That's how you spell it. You can look up that APP. They will guide you through an interview. And maybe you just open up that Mike and let somebody talk. It doesn't have to be perfect to be meaningful. No real marketing device on this one but an opportunity for you. If you are looking to make money with your podcasting skills and definitely an opportunity for you to help humanity out so we don't lose some of the stuff
Decentralization Philosophy Part 1 From Buddha to the Conquistadors
"I've been trying to figure out how to talk about this topic for a while because cryptocurrency is this really kind of strange flat structure. That has all of these little hierarchical structures built on top of it and you can take that analogy and you can really really zoom in on it or you can really really zoom out on it as kind of still true really regardless of how you're looking at it and I think a lot of this has to do with just the nature and sort of the oddness oddness of crypto currency and a Bitcoin as a community right as a movement and as technology that also is attached to people getting rich. Sometimes today I WanNa talk about a topic that I've been calling catalysts and CEOS and take a look at what the crypto currency space looks like. Today what it looked like in the past. Ask Talk about some of the different attributes that got us to where we are today. So Toshi said an interesting precedent. They led with their ideas and to a lesser extent their code and the early sparked a was association that contribution catalyzed first Bitcoin and then the crypto currency movement at large those who believed in that vision given an opportunity to get rich in some cases crazy rich rich and that combination of factors lead. I all coins coins than ICO's SAFT'S STO's and I don't think even talked about on the show before and who knows what will come next because clearly the path of innovation that's occurring here is not over at all but it also created what feels like a strange legacy that we're going to explore today as simply put are charismatic leaders who emerge from that flat structure that is the bitcoin protocol more or less dangerous more or less problematic more or less notable than the mark Zuckerberg's the Elon Musk's Jeff bezos. Goes and Steve. Jobs who really lead their movements. There's not that much of a difference between Associate Akimoto and a Jeff bezos except for the way that they fundamentally went about not inciting the change that now has kind of swept the world in one case kind of the e commerce site of and the other case this digital currency cryptocurrency or blockchain bitcoin movement. Or whatever you WANNA call it. Today's conversation is about decentralized catalysts and centralize CEO's the first thing I thought of when you said SA- Toshi contrasted to Jeff bezos. US was the difference. Between a certain personality type blended with introversion versus extroversion an extroverted rated person who is very smart and capable and intelligent and can see the future almost but wants credit and wants to be the face of an organization and is is comfortable in that role. You end up with someone. Like Jeff bezos. WHO's out there? And he's totally comfortable with that even though he retracts heat sometimes but but she didn't want the credit souto she wants to be behind the scenes and gets everything they needed from just being the mastermind. Mind who's kind of silent and letting other people be the face and I think that's really interesting. If you study personality types. Maybe even like the Myers Briggs. Souto Souto she is like your classic. I N T J personality type. They're like the mastermind architect but they don't need the credit and they don't need to be the face. Jeff Bezos as US would be like an E. N. T. J. who's like the CEO and the leader and wants to be the public face. I think that's a really interesting point. But I think that there's another factor here. Maybe okay which is that. Was it a choice. For Satoshi to take the type of catalyst like behind the scenes never revealed role or was that a factor of the not just the disruptive potential but what was being disruptive of course it was a choice. I mean Saito. She clearly thought through the implications of what they were doing carefully but if they really wanted credit they would have justified some way to take the credit and to be public about it. I think you always have a choice. I think another pretty good way to differentiate so Toshi from Jeff bezos is one of them make several hundred million a year contracting with the CIA Eh and the other one was never heard from one someone spoke to the CIA. I don't know who's point that supports but I think the big different factors that there was a legal path for Jeff Bezos to do what he did and even if he was an introvert. It still a good choice for him to do it. If it winds up that he has all the resources and success. I don't think we see that in practice very often where you have a founder. Who Comes in catalyze is a thing and then leaves before it actually becomes successful and their contribution bution isn't largely replaced by what comes after? I don't think it's so cut and dried that. What Jeff Bezos was doing or wanted to do with there was a legal path for him him? I mean he was doing something that nobody had ever done before. What was that avoiding state sales tax? This is another good point. Jeff bezos has been really interested in Star Trek. He wants to create a star trek future and some of the things he's been doing are totally unprecedented. And so it's not as though you can really say. Oh they're definitely legal because there's never been a legal precedent to establish that they are legal. You could say oh well Ijaz doing things that are a gray area or questionable. But he's he's not asking for permission and that's an admirable quality so you're talking about different levels of challenge and so with Jeff Bezos thing and with examples like like Uber. And other things like that. You are talking about companies that are doing very disruptive things but the question is who are they disrupting and in both of those situations the person or the entity. That's it's being disrupted their state governments and so if you're like a national company and you have presence in many many states that actually gives you the ability to play a bit of a game there. The thing that Uber did is kind of the reverse of what happened with napster. Napster was a decentralized network for file sharing then hit a bunch of national and even global organizations that suited everywhere but it was ultimately fighting these national or global organizations whereas Uber. They weren't fighting any global or national organizations they were fighting lots and lots and lots of little regional monopolies and it's to a lesser extent. Sure about Amazon to every state where they weren't collecting sales tax. Well that was an individual a fight so it's not like they had a problem with the United States. They had a problem with each individual state. Look at what's happened with projects in the lead up to the invention of Bitcoin and all of those centralized charlize alternatives. They were competing with the federal government for fundamentally monopolized right in the right to issue currency and control sort of the dynamics of the money that we all use news. And that's a place where it seems like you couldn't have done this as a CEO because people tried that and they basically all wound up getting arrested or getting all their assets season in many cases giving customers assets assets seized two so as we can see. There are definitely reasons why people do decentralized and centralized organizations whether it's from personal reasons just because they don't want the credit in some cases or in some cases because having the credit is dangerous and on the other hand the advantages of taking on that leadership role. Well the thing about a flat structure is that it's a flat unstructured. So even if you're on top of it still major basically at the same level as everybody else but organizations you know. Companies these are hierarchies for the most part and so if you have that role at the top of that structure well. It's a lot higher than you'd be if you were at the top of a flat structure. All of this comes back to one of my favorite books. It's really short and highly recommended. Did starfish and the spider by Rod Beckstrom Ori Brachman. I read it actually before I became interested in Bitcoin and it was really kind of formation book for me. We've talked about on the show before but it's been like five five years so I figured it wasn't a bad topic to bring up again. The subtitle of the book is the unstoppable power of leaderless organizations. And if you're a fan of decentralized technologies but I've never read it I cannot recommended amended highly enough quoting from the book. A spider is a creature with eight legs coming out of its central body. It has this tiny head and usually eight is. If you chop off the spider's headed headed dies and that's exactly what happens with centralized organization a centralized organization has a clear leader. WHO's in charge? And there's a specific place where decisions are made if you get rid of the leader. You paralyzed realized the organization now. This contrasts with a decentralized organization. which is a fundamentally different animal? It's actually a starfish. At first glance at starfish looked similar to a spider appearance but the starfish is decentralized. starfish doesn't have ahead. The major organs are actually replicated through each and every arm and in reality. starfish is a neural network work. Basically a network of cells instead of having a head like a spider the starfish functions as decentralized network and you can even in nature see situations where a starfish fish has been wounded and for example in arm or even several arms have come off what tends to happen is that actually both pieces will then grow into a complete starfish and it's another another method that they can reproduce. You might say that that's inefficient from a biological perspective to duplicate or pent-up locate editor. How you even and say that word but to make five copies of all of your major orders and neural tissue? GAFFER's them this great advantage of being able to regenerate just from from a small piece it means that while starfish might not have perhaps some of the advantages that a spider does it also isn't vulnerable in the same way. That spider is to damage to you. Know very small parts of it because again it's just not centralized we're GonNa talk about this concept in a different way a little bit later. But what other comparisons do you like besides this kind of starfish in spider for decentralized and centralized organizations and kind of broader question that I wanna come to his how many companies do we actually think or how many any projects do we actually think like rough. ballpark percentage in crypto actually are starfish versus. How many might be using a network that is a starfish but in reality the are themselves
How to Stop a Killer Asteroid
"GonNa Start Out Story on February Fourteenth Twenty Tain the world's finest asteroid researches were meeting for a conference in Vienna. Allan Harris was catching up with some colleagues. We had a nice evening in in a restaurant in Vienna talking-shop as people do some of that shop talk was about an asteroid that was expected to fly by Earth. The next day it had been discovered a year before and scientists were tracking it closely. They predicted it was going to just skim pastas. It was coming quite close to the earth. The scientific community entity was ready and waiting and so we were all geared up. We were expecting it. The asteroid is called DNA. It's a potato shaped rock about one hundred thirty eight it across and it was expected to be one of the closest encounters ever recorded between us an asteroid of its size. Scientists have press releases ready and interviews scheduled. It was rather exciting so with the big day ahead. Alan hit the. Hey Jude. Brush my teeth. How To wash amend just fell asleep keep in Vienna? Alan slept peacefully the two thousand miles away in the city of Chelyabinsk in Russia so so gay to Madre and astrophysicist remembers hearing the asteroid as that exploded over his hometown. Cigarette Sto Berlin the Segue says some people were frightened. He also also told us that when the asteroid exploded because the chemical reaction evolved stop. He says the air smells different. Some people even sensed different taste in the mouth they said it had some metal flavor doll across the city. The blast damaged buildings links caging in some roofs and shattering windows more than one thousand people were treated for. Injuries mostly cuts from broken glass. The asteroid ended up causing millions of dollars in damage back in Vienna Allen. Had No idea what had happened while he was sleeping. He wiped out brushed his teeth and headed down to breakfast. All I could see from where I was sitting having my breakfast was a reflection of a TV monitor which was just showing the news and the picture that keping repeated was that of a streak across the sky but then I managed to read the I think it was the word meaty or something backwards. Alan was confused Doue. The asteroid scientists had been tracking. Wasn't supposed to come by earth until later that night and it wasn't meant to hit earth it just come close. He realized that this asteroid that he was saying streak across the sky on the television. The one that had just exploded over Russia it wasn't Wednesday it was an entirely different asteroid. And that's really when I began. My jaw dropped my Georgia's dropped and I got up. I left my breakfast table. Got Up to to actually view the TV screen directly. I gave the screen. I think I saw this I just I just couldn't believe it. This was just total coincidence. Allen just stood there agape for a bit processing what he's saying. He was totally stunned but of course he he had a meeting to get to so we hopped on the Metro. We go onto the train. A dairy majorly just sitting right in front of us. They're where the colleagues from the Jet Propulsion Laboratory in. I'm from NASA headquarters so all the people in the world you would want to talk about this event were right there. Did any of them have any idea that this might happen. Not at the toll. Nobody could have predicted this. We didn't know anything about it. You know the only event who predicted was out of the close approach of Wendy Allen says some researches were a little red faced. Well I think there was a little bit of embarrassment. How are we going to explain to the world that we did not see this coming? ooh Yeah I made really how are you going to explain it Ellen. How did you and the rest of the Asteroid Researches spot one asteroid that was passing by US but missed the mets lab into
The Legend of Voergaard Manor
"Vigo hated the bore. Hide stretched tight nailed nailed to the board behind the glass display case. He passed it several times a day during his shift says a tour guide at beauregard manner. He hated the way. It's glass is seem to follow him no matter where he stood in the room he hated the way the skin was displayed. As though killing was something that should be rewarded. He tried to hide his disgust. When tourists made the same crude jokes people posed with it like they had killed it themselves themselves? Vigo was tired of looking at it pretending that it was some charming story. Legend said that the castle walls crumbled to the ground if the skin was removed despite what he said to paying customers. Vigo did not give much credence to the supernatural stories around for guard. She had never seen anything out of the ordinary. People said that the dark spot in the floor wasn't eternal bloodstain but vigo it just looked like rot. There was no reason to believe that this legend will send a tour that the others after the last guests left left Biko stayed behind sticking to the large shadows draped about the castle. He hid from the guards and crept towards the display lake case housing. The dead animal. That disgusted him so much. He bashed the glass in with Iraq. His hands stinging as he withdrew withdrew. Them Blood Weld on his fingers. where the jagged glass shards had slice them Vigo reached inside and grasped the boar skin and he tore it from its mouth leaving small pieces of hide behind the ancient nails the ground beneath I need him began to Rumble Vigo wrap the skin around himself and took off running? The Earth moved beneath him rumbling. Like a great taste roused from a centuries long slumber. He rushed up the castle steps. He tripped on the last one and toppled. The skin slid across the sto- for a moment vigo swore he saw the high ripple as if stretched over ancient muscles a powerful animal laid. Low rock fell away around him. He's swimming air before plummeting into the darkness below.
Finally, An All-Female Spacewalk
"Back in March NASA got US real jazzed up about an all fee Male spacewalk for the first time a one hundred percent female team was gonNA float outside the International Space Station and take care of some astronaut business needed a medium sized spacesuit and only one medium suit was ready to go not a great look for NASA Women Social Media blasted the decision including Hillary Clinton who tweeted make another soup and then fast forward to last Friday Christina Jessica with that the emergency service closed it finally happened I can't we are so proud of you and got a degree today astronauts Kristina Cook and Jessica Mirror both in medium-sized suits floated. into open space to replace faulty equipment related to powering the station but I'm pregnant working with us this morning in this is thirty five years after the first woman space walked in for Ellen Sto fan a former chief scientists at NASA that's too long to wait the you know the time that we have between these milestones You know I just shake my head a little bit because I it's just women are completely capable of getting the job done and in this case it really was a question of opportunity and equipment and now that it's happened it's great you know the fact that they were women was irrelevant they got the job that needed to be done on today on the show NASA celebrates the first all female spacewalks doc but how much progress has actually been made and I get to talk to Christina and Jessica the history-making spacewalkers themselves very briefly from space station this is NPR how do you hear me we have you loud and clear NPR. How'd you hear US
On This Day in History: The East German Balloon Escape
"Welcome to this day in history class where history waits for or no one today is September Sixteenth Twenty nineteen the day it was September Sixteenth nineteen seventy nine eight people escaped communist East Germany by floating over border fences to West Germany and a homemade hot air balloon. The German Federal Republic better known known as West Germany was created in nineteen forty nine when zones controlled by America Britain and France merged the Soviets then created East Germany also known as the German Democratic Republic from their zone of occupation though Berlin the former German capital well was situated within the Soviet zone. The city was divided into West Berlin and East Berlin East Germany built the Berlin Wall in nineteen sixty one to cut off the allied occupied West Berlin from East Berlin and surrounding East Germany. Many people attempted to escape East Germany see for West Germany motivated by troublesome political events in East Germany and better living conditions in West Germany but east Germany punished and demeaned and people who tried to flee the state the border was hundreds of miles long and made of metal fences with barbed wire watched by east German soldiers in watchtowers towers with searchlights sirens fleeing was punishable with fines and imprisonment and many people who tried to make it over the border were killed by landmines in cards still refugees attempted to flee using Abor Riecke tactics mechanic Peter. Sto Vic and his friend Rick Layer Guenter missile were eager to leave oppressive East Germany so they got the idea to escape with their families a hot air balloon after watching television show on the history of ballooning they studied how to make a balloon and realized that to carry eight passengers plus the weight of equipment and materials they would need beat a balloon that could hold ninety nine thousand cubic feet of air they bought rolls of material and bedsheets from shops around. East Germany and their wives stitch spend together to make the balloon the burner was made out of propane bottles and a stove pipe. The cast iron platform had posted on the corners for hand holes in rows anchors and the guardrail. What's a clothesline the whole time they were building the balloon. They were still going to work in their first. A few tests of their balloon were unsuccessful and they experimented with different materials to improve the balloons construction on the night of July third one thousand nine hundred ninety nine the cells family went to a meadow about twenty five miles from the border and attempted to make the trip to West Germany. The vessels cels had backed out afraid. The plan was too risky. Unfortunately the balloon dropped to the ground due to water vapor that added weight to the balloon in in the family did not make it across the border. They abandoned the balloon and wet back home fearing the East German authorities would be on their trails Thune soon. The Celtics decided to build a new larger balloon on September Sixteenth Nineteen seventy-nine. Both families went to the launch site. I took a twenty eight minute hot air balloon trip across the border into West Germany people who lived in Iowa the Bavarian town near where the hot air balloon landed offered the family's food money clothes housing and jobs the Celtics later moved to Switzerland then back to Germany after German Senate reunification in one thousand nine hundred ninety. The story of the balloon escape has been told in a book and movies. I'm eavesdrop coat and hopefully a you know a little more about history today than you did yesterday.
An Interview With John McKenna, Chairman of Recreational Aviation Foundation
"We're speaking with john. Mckenna who is the chairman in one of six co founders of the recreational aviation foundation or simply r._a._f. Korea created during a backwoods campfire discussion in two thousand three the r._i._f. Has developed into an organization that stretches from the pacific to the atlantic and beyond what exactly is the purpose of the r._i._f. I think our mission statement says it pretty well. It's to preserve protect and to maintain and creates recreational opportunities rare scripts for people across the united states komo early for recreational opportunities so we're talking about remote airstrips when i have in my mind is grass gris drips in the woods. Is that what we're talking about. That could be certainly what you might see or think of if you were to do the poster but they r._a._f. Has really taken to the fact that where people can go and enjoy themselves with their plane or have a fun time they also count and <hes> so we might sort of break it into two kinds of airports one which would be known as backcountry airport which might somewhat fit that descript or that you just suggested and the other is <hes> perhaps same front entry airport that isn't necessarily buried in the in the back woods or in bottom of a deep canyon if might frankly c._b._s. Not on the lakefront edger <hes> on the edge of town. I think of some in oregon that are on the beach people can frankly fly into their bonanza go for a hike or go set up their tent and bring their children or their grandchildren or friends and <hes> for a bike ride or whatever the case may be so the stereotype might be as you described. We'd like to think that it's expanding recreational use and preserving the fun places for people to go with an airplane. So how many airports like that are you counting and are they endanger of closure well. There are certainly some that are very definitely in danger and when i say danger there are activists that perhaps don't share the same interest in aviation that we all do and they would just assume that airplanes in any way shape or form place would go away and they candidly work at making that take place so there's certainly people who are actively taking to close certain airstrips in certain parts of the country then there are frankly ones where might go but at the other end of the spectrum they've just been forgotten about and there's some use but not a lot so people fly by and they asked the question. I wonder could you land there. Can i land there and our first filter is does it have some recreational value or some interest to it that people might enjoy once they get on the ground bill today. Today i find myself standing in stover mont and we spent a great day yesterday exploring some of this area with some friends many of which you would know touching down on grass airstrips all up and down the shores of lake champlain up near mount marcy and in the mountains of vermont bond and you may not think of that as that country flying but it was a landing in some spectacular places with spectacular views and lots of things extraju yeah actually i've been there and it's a beautiful part of the world i know you're from the west the news the taller mountains than they have in the east but that can be pretty rugged around stowe vermont well isn't that the fun part about airplanes and that is that we get the opportunity to see things that maybe aren't in our backyard and and yes. You're absolutely right. I might have been one of those previously biased people who thought that all the mountains in the west but i can assure you they're not <hes> <hes> somebody left behind right here in vermont and they they go up to some tall elevations and i'm convinced we don't have the corner on the market working out in the west funny so the r._a._f. Is sixteen years in to its existence into its program. How would you evaluate your record so apar- astonishing i think it would candidly i'm both at times stunned and more often humbled when you start out with six people who literally have an idea and sort of parked himselves around a campfire and you find yourself involved with an organization fifteen almost seventeen years later that has some ten thousand plus members scattered all across all fifty states in twelve or fourteen eighteen different foreign countries and you know bill. One of the most interesting things is the foreign members that we have is the r._a._f. Who i every once in a while get a chance is to engage with and their reason for belonging is they want to preserve what we've talked about here because it's probably already been lost in the place they live and they're willing to support it here just on the off chance that they may get a chance to come and do it themselves or they think that we should be pretty vigilant about this because we live in a very special spot that has some are unique freedom attached to it. What are the greatest challenges or obstacles to the r._i._f. Fulfilling its mission. It's probably not much different than most of our businesses or anything else and it's the people and the challenges we are nearly one hundred percent volunteer organization. Asian people are all volunteers. They all do this because they love it. It's surely always the <hes> the challenge to keep the right kind of leadership and people who <hes> have the time to devote to it to that end. We are blessed with a great deal of folks. That are are just passionate about this stuff so i may be you. Don't worry about the same things that others do but yet at the same time i do worry about the interest in aviation. I was just asked yesterday as a matter of fact what do you think of the drone industry and how will that affect what you're doing and we're about the places whereabouts saving the places and maybe my children or grandchildren will help them up way be he delivered to some of these special places in some sort of a vehicle that i don't quite understand yet today but if the place doesn't exist then perhaps they won't make any difference. I feel like we're on the right track. We're basically land conservation group that plies airplanes and probably not bad place to be not a bad place at all and you're at a very very good place right now up in sto- in thank you for your time and good luck with the program. Thank you so much. We appreciate all you do. We've been speaking with john mckenna the chairman and co-founder of the recreational aviation foundation this william garvey editor of business in commercial aviation magazine. Thank you for your time and
Sexually transmitted infections on The rise in The military
"Seven a disturbing new report shows dramatic increases in the rates of sexually transmitted infections in men and women serving in the US military, ABC news. Correspondent Mark Remillard, a report saying that three particular infections are most concerned committee gonorrhea and syphilis around the rise within the, the nation's military services, and that has a broader affect on the military would have an effect, obviously, on the personnel both short term and long-term on their wellbeing, but also in their unit readiness and by extension the larger military military, for example, this report cited in two thousand twelve SEI's in the navy accounted for healthcare costs of five point four million. And that's in the navy alone. So there's an economic cost. There's a personnel readiness cost to this, and they're saying that part of the conservative. This is the result of more risky behavior. The majority of our military. Branches are made up by eighty four percent are male. And they say that they're starting to see based on surveys that they done more risky behavior. Especially in the age group of eighteen to twenty five so the younger male populations talking about higher rates of sex with multiple partners, higher rates of having sex with new partners without condoms and things like that, that they are saying. May may be the reason behind the rise in this, these STI's and one of the main contributors to that being what they say is potentially dating apps is actually a one of the reasons that they may be seeing more non counters in these kinds of things. This is an age group of people who simply weren't alive to hear the safe sex message that was, you know, made very, very clear in the immediate. Wake of the aids crisis of the eighties. Yeah, exactly, it actually a part of that, too. And part of this report did talk about HIV being still, obviously, a concern in the military, and that, that there may be members of the military, you don't realize that there are their fellow colleagues and fellow service members who may have HIV now rates of HIV infections are steady between between twenty twelve in two thousand seventeen the rate remained pretty steady. But the rates of these bacterial infections, which are easier to treat they, they can be used by antibiotics rather than viral infections like HIV HP herpes, these kinds of things, which have all decreased these bacterial infections like gonorrhea. And are on the rise. And that is concerning. ABC news. Correspondent Mark Remillard. Thanks for taking the time to talk with us today. Thank you,
Jeff Bezos unveils Blue Moon lunar lander
"Did you see Jeff Bezos? He has he did it like an apple iphone rollout or something. He has rolled out the first moon Lander. Is this a vehicle of? Yes, sort this. This is a this is something that will take people from spaceships to that are orbiting the moon down to the moon. Spaceships are orbiting the moon. They will. Before they get the thing that you do NAFTA that they're working on it. Jeff Bezos, founder of blue origin, Amazon. Dir during the announcement of the space companies vision for operations on the moon. It's pretty impressive looking machine. Mr. beezus says that he described on Thursday, a dreamy ambitious vision of the future a trillion people living in space, not on moons or planets, but in space colonies in style originally envisioned by Princeton physicist, named Gerard k O'neil the space colonies would be built by future generations bees. Oh said he and others today can do they can start building infrastructure in the short term that includes lunar Lander blue moon, a sleek vehicle that became visible as curtain in front was pulled away. And there there was a model of it and the full size model of it. He says we need to get people to the moon as the first that's building the roadway into space for space colonies. There's something about these visions that he has to have. And and what's his name? Tesla has seems on musk seems to have that I find sort of appealing and attractive and yet at the same time thinking, but wait a minute. What they're saying is there's no hope here we've got to abandon this place. It's like it's like, we we've we've ruined this place. Let's go ruin someplace else am I the moon. Happening start at the moon to get further out. That's that's just an barstool all the way to California. You gotta stop and do agree. The moon is like barstool, but you never listened to my loose on never stopping bar sto.
"sto r. e" Discussed on WBZ NewsRadio 1030
"Here's what's happening Boston. Police Commissioner William grass in Suffolk County DA. Rachel Rollins held a press conference a short while ago on the kidnapping and murder of Twenty-three-year-old. Jesse Korea WBZ's Carl Stevens was there. Commissioner and district. Attorney Rollins visited the grieving family along with mayor Walsh. They both said that they're committed to find injustice in this case Commissioner grass saying that everyone involved is motivated to find injustice for the family. We all have nieces daughters. Friends, that's the motivation right now, there's predators out there. And they preyed on our loved ones. So our motivation is to send a clear message is well, it's not going to be tolerated. It's a little too early to say, what charges might be filed here in Suffolk County the district. Attorney said they're going to follow the evidence wherever it leads. That's where they're going from the district attorney's office downtown Boston Carl Stevens WBZ. Boston's NewsRadio WBZ's Kim Tunnicliffe has been following this story. She joins us now outside Jesse Korea's family's home in Dorchester. Good afternoon, Kim. Good afternoon. Josh wells, the home of Jesse Gad here on astronaut straight has become the gathering spot for grieving family and friends. They've been arriving at the house all day. Some of them bringing casserole dishes full of food others bringing cases of water all of them are here taking comfort in one another as they remember the Twenty-three-year-old there's been crying sobbing and even a whaling coming from the home. Jesse's body was found in the trunk of a car belonging to Louis Coleman of providence that had been pulled over in Delaware. He apparently brought jazzy through his apartment in providence before fleeing to Delaware. She's been arraigned on a fugitive. Charging is expected to be returned to New England. In Dorchester, Kim Tunnicliffe WBZ Boston's NewsRadio four thirty two on this Friday. Another winter storm heading our way, snow expected to start falling in the predawn hours tomorrow and a second system could hit New England on Sunday. We're used to this around here. But me was spokesman Chris Bessie says he wants space staters to be prepared for power outages. Make sure they've got extra. Flashlights batteries. They've got their electron charged. You know, they've got fuel for generator if they have one just in case, they do experience outage other things to have on hand. Shovels snowblowers milk and bread, you know, the routine and so do local liquor stores. Here's WBZ's Karyn regal how much snow you might want to six packs and Inova classic wine. Staff reported a definite uptick and customers stocking up before the snow falls. Jared Walters is the beer manager here any recommendations Stoute's. Nice like Rosie toasty sto.
"sto r. e" Discussed on The Atheist Experience
"But functionally the the question was why is it wrong? The fact that you all sex would be wrong. So if we were saying STI's, there's a risk of of SEI's, and there's some that aren't going to happen in lesbian relationships very quickly. There's some that aren't going to happen in male male relationships. But none of that gets to why it's wrong. The fact that something may not may increase the risk for something. I mean, you might as well be using that say the skydiving is wrong or driving because you know, there's a chance at parachute doesn't open driving driving is wrong. Because if you don't ever drive, you're not gonna you know 'cause a car accident, right? This is why I was going to give it a bunch of different reasons. Definitely start with one. That's not crap. I'd be I well, no that's not crap. What Matt just said that you understand why that's crowd is functionally crap because it has nothing to do with the moral component. Right. Yeah. Another reason that there's a there's a problem with and that's what I said homosexuals kind. Right. So so one those detrimental effects society another thing. Those are detrimental effects that all sexuality would be subject to. And by the way, you didn't listen to you just asserted that their detrimental effects society are there also positive effects to society. Yes, there are. So I'm not gonna wait pretty to answer that because it's obviously there are so now come up with come up with a reason that it's wrong that isn't crap. Right. Yeah. And and couple other reasons one of the theological side, which Reva should about the logical side, which I which I understand that. But then. Two. You do you value grow grow completely? Value personal freedom and liberty and the right for people to because you'd I choose who you fall in love with you don't choose. You wanna interrupt you choose what you do about it? But you know, it's not like I chose to fall in love Beth. I really don't know that there's a most cases a rational component to sex with anybody. It's mostly visceral instinctive, and so the question here, then becomes we definitely we're gonna we're gonna say, we've all you individual freedom and atonomy the ability to live your life..
"sto r. e" Discussed on KNSS
"Sto packed roads are being reported in many counties across Kansas, including Sedgwick county of the city of Wichita, the emergency accident reporting plan or herb is in effect for the city, which top police ask you to please avoid the area of thirty first street south and hillside due to an injury accident that took place in the last hour. Also, traffic signals are out at central web in east Wichita and west are reports that around forty seven hundred customers remained without power this morning. Thanks to last night. Snow and wind west are says that power should be fully restored to all areas by four o'clock this afternoon. Former Kansas secretary of state. Chris Bach has told a federal judge. He's completed extra-legal education that she required of him as a sanction in a voting rights lawsuit. Filed documents Friday in federal court showing he finished a six hour course called civil trial. Everything you need to know on January, fourth, of course, included one hour on ethics US district. Judge. Julie Robinson ordered the extra education last year over what she concluded or violations of disclosure of evidence. Rules co balk had until June thirtieth to complete it. Co Bach said Friday, he was being held responsible. I legal teams actions not personal conduct the lawsuit. Challenged a Kansas law defended by Khobar that require new voters show proof of their US citizenship. When registering Robinson struck it down, Amy Webb, Cayenne necess- news. President Trump said in a tweet he's making a major announcement concerning the humanitarian crisis on our southern border and the shutdown for this afternoon. Reporters asked White House press secretary Sarah Sanders, what that meant.
Crypto rout drags bitcoin toward 14-month low
"A turnaround. He discussed his confidence with Bloomberg's Stephen Engle. Take a listen. Economies work where if there's enough miners going out of business that equilibrium is near. And would you look at how markets overshoot both up and down. You can probably say close to the bottom. So where do you see prices in the short term going? So it's very difficult to tell. Initially. I thought towards the end of the year they were always a run up. You could see that last year. See that. A year ago from a lot of people predicted that it would go back again later this year starting from November and December obviously November came in passing. And it was one of the worst months for bitcoin and December right now, there's nothing new. There's no catalysts that will potentially shoot it up. So I will look at it kind of flat. And then started from new year. That's when I think with a new sentiment and momentum. Okay. What is going to be though, the catalyst in two thousand nineteen because in twenty eighteen you had a number of high profile hacks here in Japan, especially coin check in earlier this year. You had a exposed Ponzi scheme a number of different issues and potentially new regulation coming down the pike. One thing in Japan is the Japanese regulators are starting to open up again. So they're starting to approve new exchanges. They're also going to approve new listing. All of these things will start from the new year. Now would also the FSA recently gave oversight. And regulatory oversight to the operators themselves. Yes. How is that going to change? Yeah. So almost every exchange. Registered in licensed in Japan received an improvement order from governance compliance security customer assets secretary's day, these are all to protect the end retail consumer and all of the exchanges are almost complete with their improvement order. So starting new era is going to be a new beginning. How does it really work with the FAA giving you more regulatory oversight? Does that kind of close the door a new entrance though? Yes. And no. So I. A lot of the exchanges. The people who start for the garage or a startup. That's very difficult to do. Now. New entrance is extremely difficult at the same time you need to keep up with what's happening. Global and innovation is key. Especially in this industry is started from cryptocurrencies it went to ICAO's. And now it's going to security token offerings like STO's all of these things. Innovation is an evolution died. You need to continue on and you need to have that. Right. Balance isn't the Versi as well. Looking at regulation on security, tokens, exactly. So the FCC Japan was the first global economic powerhouse to regulate cryptocurrency. Now, they're looking into security token offerings, and they will probably be the first nation to specifically look at security token offerings and put legislation in particular trends, are you looking at from your clients and your customers on your exchange liquid. Are you seeing more increase in institutional participation or retail, and what side shot to that question would be the implementation of high frequency trading? What impact is that having so liquid? We're open to casual traders too, sophisticated institutional investors as well, but our sweet spot are these professional traders, and these are all high frequency traders as in any any financial product from equities fixed income. The global trend is to accommodate these high frequency traders. And obviously we provide full API's for that. So our main customer base are these professional traders and November was our biggest month in our history. In terms of transaction volume in bitcoin and also US dollars does bitcoin of a chance of getting back to the record levels nineteen thousand five hundred and change. I think you will surprise surpass it by at least. Well, that's very difficult. But I would say by end of next year. I think it will surpass the all time high. Coin CEO, Mike Maury there with Bloomberg's Stephen Engle. Well, Microsoft is calling for new legislation to govern and facial recognition software in a blog post Thursday, Microsoft, president and chief legal officer, Brad Smith advocated for human review and
"sto r. e" Discussed on NewsRadio 1020 KDKA
"From sto rox high school this afternoon, his condition, currently unknown. Katie ATV reports no students were harmed or involved in that shooting the school was placed on temporary lockdown and has since been dismissed for the day. Broadway avenue is currently closed off by police as the investigation continues the mother and cousin of murder victim. Rachel del Tondo. Face assault and harassment charges in Aliquippa, beaver county and website reports. Aliquippa police have filed the charges against sixty five year old Lisa del Tondo and 71-year-old Jacqueline Belcastro. They are accused of harassing family. Members of Rachel del Tondo ex-fiancee Frank Catroga Deltona was shot to death outside her mother's driveway on mother's day in. May no one has been charged Catroga has been cleared of any involvement in her death. But the report says the del Tondo family believes he did not treat her. Well, police have released more information about a double shooting in Harrison township last night. Here's Katie gay radio's Joe DO a forty one year old woman is in critical condition. Her sixteen year old daughter stable both shop last night at the residence at the Sheldon park housing complex. The neighbor police say did this shooting forty eight year old Eddie lane died of a self inflicted gunshot wound next door witnesses say lane who suffered from mental problems believe his neighbors were spying on took out a shotgun and shot both women and what county swat team responded after nine last night and municipal drive. Residents were evacuated lane had been staying with his ex wife and son Joe studio, NewsRadio ten twenty k former Pennsylvania attorney general Kathleen Kane must report to a suburban Philadelphia jail by nine o'clock Thursday morning, just serving attended twenty three month perjury sentence. Judge Wendy democ alloy today granted a request by monk. Gummy county prosecutors and revoked canes bail a day after the state supreme court declined to hear her appeal. Kane has been free pending appeals for more than two years after she was sentenced for leaking grand jury information and lying about it. Three American servicemembers killed in a roadside bombing in Afghanistan's eastern Ghazni province. Three other service members were wounded when an improvised explosive device detonated on Tuesday near the city of Ghazni, the provincial Capital, One American contractor was also wounded there was no immediate claim of responsibility for the attack, but the Taliban have an extremely active presence in Ghazni province and attempted to take over the capital in August. It is a sad day in bikini bottom Stephen hill. And Berg, the creator of SpongeBob squarepants has died. I thought of something funnier than twenty four movie here. Twenty five Nickelodeon television network says he'll Enberg died of a L or Lou Gehrig's disease? Syracuse university pop culture, professor Robert Thompson, says the cartoon had an impact don't think there's any way that we can overestimate the impact of what Stephen hill and Berger wrought Stephen Lindbergh was sixty seven Mansfield avenue in green tree has been reduced to single lane. Traffic between holiday drive and DoubleTree drive until further notice it's due to a landslide on private property. Temporary signals are controlling traffic for now on Wall Street today. Hefferin Tillerson says the Dow closed up one hundred eight points at twenty four thousand seven forty eight. The NASDAQ up under one point at seven.
The good and the bad - Democratic midterm results
"We started talking about wave of women nudity elected. Oh, I think it's a huge shift. And I think we'll see it it won't just be the year of the woman. I think the seeds of the decade the women were planted because not only did we elect women in a different kind of woman at the top. But we feel the pipeline with tons of women in state legislative races and county commission races and Agee's people that are running for Senate and president and governor for eight years from now we'll have won their first election last Tuesday. But what's so interesting? I think listening in we've had guests from based parties and also with different positions here on this show. It's not entirely clear who's supposed to be happy with the result. And who's supposed to be a bit disappointed. Yes. Particularly jealous. Help me out here. Well, I think the fat is hassle and having MJ for everyone. I mean, we accomplished our biggest goal which was to take that house and the singularly most important thing we also elected a number of governors, including in the three states that account for Donald Trump being president, Michigan Wisconsin, I'm his Vania. We laugh at eight by eight thousand votes, Donald Trump would not be president. If we had won those states, we elected democratic governors in all three of done democratic governors. Do you make a difference? So I think we accomplished that we also elected a record number of women and mobilized a female base. That's sad. Donald Trump lean in a way that no one else has ever done that we've ever seen in any midterm election democrat or Republican he mobilized the Trump voters, not just Republicans Trump voters. He worked hard to define the race. And did it for. Space. Not so successfully for swing voters, but he proved how formidable he is and how formidable he will be in twenty twenty. I it sounds like you gave him sort of more credit for thinking things through. Then a lot of this was sympathetic to the Democratic Party. Would I be right? Well, I think he's a brilliant strategist he understands its brand. And he understands how to create his reality show, and he understand and he's willing to play a very high risk Dacians role in that reality shows. So I think he's quite formidable letting his team has fight formative on would be very foolish to underestimate him. Because that's a great way for him to get reelected in twenty twenty that love to know, what it is that you think the democratic policy has to learn from these midterms unpack from the fact that Blue Wave became a-, depending on whether you're at Optima sto Oles so preps a series of blue splashes. I think the Blue Wave was more of a blue swell. And but I think it had that makings from the beginning. I think a lot of the press accounts were overstated that's sad. I think there are two things that we learned and saw more than learn in twenty teens one is we mobilize our base. They mobilized their this is the first time in a midterm election where both bases were mobilized. Secondly, the Democrats must get an economic message. Either the election we lost salary. The people who thought the economy was in good shape. And we were fifteen points behind the Republicans on the Konami we could make it through twenty eighteen like that. We will not win twenty twenty like that. The Democrats must get an economic news.
Sir Philip Green: Non-disclosure agreements explained
"This week's main good news was dominated by nondisclosure agreements on Wednesday, the Daily Telegraph splash, a permanent businessman had spent half a million pounds on an injunction to stop the paper putting allegations of sexual harassment and bullying the rooms of who this was exploded on Thursday when Peter Hain use parliamentary privilege in house of lows to feel that it was syphilis. Green the retail top. Shop Mogo d do the right thing and do nondisclosure agreements. Need for forming Saran degree let's begin with specifics of this case the Daily Telegraph being conducted an eight month investigation into cer-, Philip green. It's spoken to lots of people would put forward allegations about his behavior. Green denies all these allegations, we should state, and they wanting to publish this nece, some points activators legal team spent five hundred thousand pounds on high powered lawyers and gotten in junction, the junction was not about the Dita's the story, but it was about the nondisclosure agreements signed between the people putting allegations and the retail mogul himself. So what happened next? So having had an extraordinary from page of the telegraph this week with the blackout shape saying we've been prevented from naming the senior business man who's been accused of these inappropriate workplace behaviors you then had what became a bit of a sort of game of parliamentary. There as to who was going to use parliamentary privilege, which is where MP's amperes or allowed without redress to say things in parliament without being sued, for example, and that will room even Wednesday around PM queues at an MP was going to name the individual concern that didn't happen. But then yesterday in a moment of kind of high drama in the house of lords Peter Hain, the former labor minister decided to name Philip green as individuals of the telegraph had been trying to go after and the individual who had spent all this money on what was popularly seen as gagging. Clause to gag the press and also to gag the complaints against him. It's way more complicated than that. However, two out of the five complainants actually supported the injunction, and there's been a major backlash since Peter Hain took this action against his decision to do. So because parliament privilege where you're actively say all legal system has got this wrong. And so is opponent Taryn decided to speak out about it and overrule the courts is very very very rarely used and should only be used an extremist, and there's been a serious amount of criticism even from other former home secretaries against Petain from his own side. And there is historical precedent for this which was doing the host Sufen junction era. John hemming who is a liberal Democrat MP used parliamentary privilege in the house of Commons to name Ryan Giggs football for having a super junction again about details of his private life. And when it happened, then when it happened with Lord in this week this respective speakers of those houses will very unhappy about because parliament privileged should only be used in those extreme circumstances. And it will be interesting to see whether this injunction is still how because they were now in this ought situation where everyone is reporting about the green, but the details of the allegations sto cannot republished because the injunction is those standing in the Telegraph's co. On so Philip to drop the injunction, but still no sign of that at the moment. That's also what's weird about Peter Hanes decision to use paunchy privileged to name Philip green. Which is that the actually the legal had not yet been exhausted. I think that's a really crucial point to remember. So yes, indeed. The telegraph is still sort of stuck in a slight publishing limbo about the details of the story. And meanwhile, whistled of all plunged into this quite interesting debate about the role of NDA's in commercial life. Whether they're actually being abused not to
"sto r. e" Discussed on Let's Talk Bitcoin!
"Talk about the project to accredited investors who are investors with income of more than two hundred thousand dollars for two consecutive years or a network of over a million dollars. There goes most of the people right there. You can't actually talk to anybody about it if they don't have those sorts of qualifications. And then once you have actually sold these tokens to those people, they can't transfer them to anyone else by law for a year in order to qualify for the exemption. So at first I'm looking at this and I say, why would we wanna use a token for this at all? All we're doing is introducing problems into something that would otherwise work, right? If you have it as equity, at least you can't create a bad situation for yourself or the company. But with token, there are situations where I could send it to somebody who's not accredited now, not only do I have repercussions, but the company that issued the token and the company for whom it represents equity, they actually have a problem as well on the regulatory side. You know, that was kind of what I thought about this going in and overtime. What was explained to me in what's become clear that I'm thinking about it. Like security tokens are a step down from normal tokens. But really what's happening here is that you start from equity non tokens equity, and this is a step up from the functionality of non token, non liquid equity. And the idea here is that if you own equity in a company, but that company isn't traded someplace like the new York Stock Exchange, then you're Bill. Ability to actually turn that ownership stake into money is incredibly small, right? And it's very difficult. And in some cases, in many cases, impossible because the company simply doesn't allow you to do that with a token. You get around all of that stuff because now no longer is the company required to be involved in order to facilitate these transfers. Right? So if you can get past all the problems that exist like you need to, the person can't transfer for year and they need to be credited investor. And so you need to have white lists for accredited investors to exist. Suddenly you have what effectively looks like a decentralized market for non liquid equity. It's just happens to be in token form. So increasingly, I've come to think about securitise token offerings, less as a token and more as simply a token form of equity that throws out most of the advantages you get from tokens, but is still substantially better than the status quo when it comes to non liquid equity. Does that make sense? Yeah, counterparty is one of the first may. Major innovations in the space besides bitcoin, and their first real pivot was going after pudding. Securities in token is form. I mean they were working on it for years and years Cimpian formed specifically to address that problem. So when people talk about bearer forms of securities and avoiding rehi- Papa -cation in the reducing of settlement times, all that stuff is really awesome and material and de risks, the systemic risk in the securities market. But you know, it's nowhere near as disruptive or transformative as every other real blockchain related thing could be a will be. So it's sort of it's sort of this transference of innovation from bitcoin and blockchain to security tokens where it's like, yeah, that's it an interesting, but it's so missing the point to that point. Exactly. I think a security token is to an open public tradable token. What a deal tea or permit. Ledger is to an open public blockchain and the reason that's relevant even more so I think is because if that is the case, then the most likely platform to run security tokens is that the OT and just like, if you think of an exchange as a less sucky Bank instead of a part of the cryptocurrency space, it doesn't hurt as much than if you think of these as just less sucky sock markets run by less sucky stock exchanges that are slightly more transparent than they were before, but still require you to fully trust the issuer, then it hurts less to think about it. The nice thing about this is that, yes, it provides some clarity for those who want to do security tokens. It's not going to change the fact that some of the most exciting, radical and disruptive things are going to happen in the unregulated unlicensed pure. Token utility and decentralize platform space? Yes, very much. So..
"sto r. e" Discussed on Let's Talk Bitcoin!
"All of the different processes and permissions, and all the things that make it difficult to raise money in real life. Well, congratulations. You've now introduced that into your project or you ignore those things, and then you have this sort of liability at the other end. So the Saft's let's talk about that. I talked about utility tokens in twenty seventeen summer of it became increasingly obvious that some tokens were definitely going to be securities. Dow report was released, which was on the project from the year prior which had raised one hundred million dollars worth of. -ther and then had a compromise in it that wound up effectively. Having a theory of classic be spun off from Therion where classic did not return the tokens to people who invest in the Dow. Whereas the main theorem Jane of the quote, unquote main theorem chain did. You would put it on atom where the taboo immutability was understood to no longer be necessary. Exactly. Exactly. So the Dow project, right, the SEC came out and then say that all things that look like this are securities. They said that the Dow probably was a security. Right? And so they provided some sort of clarification, but nothing that I would describe as clarity. And so you got a couple of months later, and there were projects that really wanted to raise money that were coming out. And so the concept of the south which had been tossed around for a couple of months hit in late October, twenty seventeen early November. And so projects then have the opportunity to sell to accredited investors, something that wasn't a token, it self, but was it claim on a token token might or might not be security moving forward? And this was a push by several of the lawyers within the space because it was a better version that was more likely to be legal. But in reality. Looks like that fig-leaf didn't change much at all. Saft's are still within the crosshairs of this too. And so again, the question just really comes down to did you follow the rules about fundraising because if you use your token for fundraising, then they consider it security. And if they consider it a security than there are all kinds of rules around that, and the vast majority of these projects did not do that for various reasons. I have a lot of sympathy for projects that did ICO's because having run token Lee over the last several years, I can tell you fund raising difficult and fundraising in the space where you just have to make a compelling pitch, at least in the early days versus in the venture capital space, which is a very different beast. It's a lot harder to raise capital following all the rules and going through all of the processes that frankly make it difficult to raise money. But with an icy, oh, it seemed for a long time like free money. And I've said before, I really wish that the SEC had simply been clear about this because the lack of clarity around it and the ability for people to plaza. Think, oh, this is something that I can do because I'm taking this stepper this ameliorating step actually made it a competitive disadvantage and still competitive disadvantage to try and raise funds with a project in the space that doesn't use an icy, oh, because people are so focused on the appreciation that's possible from ICO's regardless of the fact that all of them are basically illegal. So that's where I come back to on this. And that's my real frustration with this topic is just that the opportunity that's there seems resistible, but actually it was entirely illusory and the people who took advantage of it are now faced with a very difficult situation of what to do and how to make this happen without their project actively getting destroyed. I think it's also worth saying something about just the pressure that must have existed at the time. If you had a project that you were trying to get off the ground and everyone around you is doing ICO's and instantly making their goals and you're like, all this is regal. I'm kind of like weird out about this, but like the space. Moving so fast, and if you don't do your idea someone else's going to. And so I'm out in the amount of pressure on anyone who is trying to fund raise in the space during that time. And it seemed like an icy was the only thing to to do..
"sto r. e" Discussed on Let's Talk Bitcoin!
"So that's a self adjusting market that should should in the long term, squeeze the profit margins of minors and make it more competitive. So that fees come back down again in short term that does work not exactly what we see in periods of heavy speculation, bitcoin fee prices go through the roof and bitcoin becomes unusable as a medium of exchange, at least on the baseball chain. And that's exactly what happened in November and December when you're looking at fifty dollars per transaction fees for very brief period of time. Now over. The one term that should stabilize again, the profit motive will drive more miners. But in the short term, it causes havoc bitcoin had this kind of unique Genesis in that it arrived at a time when nobody believed that something like bitcoin could work, much less become substantially valuable. And so the types of people who you had participating in the early days of bitcoin. We're very much a self selected group which didn't even include any of us, right? It was more self selecting than any of us at the two thousand ten back when there was no price for bitcoin. That was really an important time. And it's time that when I look at any other project that's out there, whether we're talking about something that fundraise or something that even hasn't fund raised, none of them have that characteristic about them. And I wonder how important that characteristic winds up being when it comes to the long term sustainability of these systems, or if this is really just a question of how you solve the zero to one problem. One of the things that big quite maximal heart about is this virgin birth eerie parthenogenesis we've. Call it in Greek, which is the idea that the coin was born through immaculate conception. It was opened from day one. There was no pre mining and you were able to participate and by Hugh, I mean, anybody who happened to be in the very, very, very narrow circle of cypher punks. It's really a bit of a stretch to call it an immaculate conception, but perhaps it's a tiny bit cleaner than most of the other things followed. And I think you can grant that it was a one time event connector happen again, once you've proven the success every future thing that comes out, even if bitcoin will get that initial exuberance and people will do a pump and dump on it. But this all hinges on the idea, the socio Komodo or whoever else was to hind that doesn't Rian to the market at some point in the future. So the best way that works isn't immaculate conception. Is if in fact, sedation Komodos coins have been burned or the keys lost. If however they come back into circulation, then how is that different in the first months of two thousand nine from pre mine, I think motivation has to be what's different, right? Like motivation is the thing that maybe it's not even motivation, though, motivation exists in the mind of another. I don't even know how you would qualify that when we have no data points to draw from. Well, I think that you can look at the current environment and you can say that many of these projects are started because they're a means to an end. And that end is to get a lot of money. I've seen how the sausage is made four or five times in this space. Right? And every time someone calls out another project, I'm like, do you understand how the sausage was made in the project that you like? And I would be shocked as Andrea said, if bitcoin was materially or substantively different in that. Guard, especially with no contradictory information. Well, the only difference I think that does speak to Adams motivation questions. We do have a record of the motivation, and that's the public writings of satanic Komodo and others who participated in the early mining. And they were full of doubt. They were not certain that this was going to succeed quite the opposite novel until maybe the end of twenty ten than anyone even have a hint that this might one day have anything more than fractional value, and it was more than a toy. So I think that's the big difference. The fact that now everybody knows that these things might have value that was not a proven consideration at the time..
"sto r. e" Discussed on Let's Talk Bitcoin!
"But the point is, is that the possession of the underlying token gives the user that has that weight within the system when it comes to curate content. So we've talked in the past about how one vote isn't necessarily worth the same as another up vote because the person who's giving the vote might be a really good cured. Ter- whereas the other one might be just somebody who's a brand new spam bought signed up. So the purpose of a platform like steam it with this token is to create this wait where people who are good at curing naturally within the system, earn more of the token overtime, and then they gain larger weight which improves the overall quality of curation within the system. It's like steak. I think that is like stake in the platform. Yeah, right. It's like steak or another word that I like to think of is like voice, right? It's like how big is your voice within the platform? You can quantify that by the amount of the token that you actually have. The problem with that is that when you have a project like that where the whole point is to create this curation engine, but you take a large proportion of the tokens which are given out at the very beginning of the project, and you give them to all the people who put in money in the people who are curing the platform are not the people who are good at in the plot former. They're the people who had the money to put in at that time. And so you create this problem where even though the system as designed looks like it should work to create a very. Very rich curation platform instead what you wind up with his platform that's catering to the needs of these very specific people who have all the weight. And so that's a situation that we've seen play out in lots and lots and lots of projects. It's just particularly obvious to me within the steam it platform. There's a little bit more signal within the system. But the noise set there initially is still huge. The other problem that is not immediately obvious in this particular case is that if your utility token is successful fundraising and leads to some kind of speculative frenzy or price appreciation that gives you a return on investment has an investor. It destroys the use of it as a utility token for your platform. Because if that's the token you used to consume the platform services, then effectively the platform services just got to expensive to us. So imagine again, we could use even as an example, but the same thing happened to Syrian which is a true utility Tobin. This problem that exists even in the things that really. Do need to until the token win. The speculation goes up suddenly the transaction fees that are denominated in the. So we're going to get to expensive to use the pot for the sort of gets to a broader topic, which would be an excellent discussion for another day, which is on negative feedback loops that we see in protocols and the way that the incentive models are designed because the idea that while demand grows for your system, you're decreasing the incentives for usage in the system for any system that wishes to scale is sort of the death nail in its success. Sort of like a friendster esque sort of model to system design so that might be out of the scope of this talk, but would be a fantastic one for another day. I have a question. Why is bitcoin different? Do you think entries everything that you said about a theory him? There is true about bitcoin except that bitcoin did not do a fundraiser with its token, but all the same. Like via pre price appreciation affecting the price of on chain transactions or other things like that. Like is it really about the initial sale that causes. It's not the actual sale. The calls that it's one of the weaknesses of utility tokens in general. In the same thing does apply to bitcoin as well. One of the things to consider that in bitcoin. You have a feedback loop that should eventually correct that meaning that as the value goes up and that means the price paid for fees goes up in denominated in that's going to drive up demand from rining, which then causes the difficulty to increase..
"sto r. e" Discussed on Let's Talk Bitcoin!
"Tethers problem has been. They have money in a Bank account and you can say, yes, you have that money in a Bank account, but an audit firm, like when you have a hundred bucks in the Bank account, you have a hundred bucks when you have you billion doubts in a Bank account, you don't have to billion dollars in the Bank account. What you have is two billion dollars in assets and what someone needs to understand is proving whether or not you have two billion dollars in liabilities because they need to net out your liabilities with your assets to understand how much actually have as balance. The problem is that people can look at Bank account and say, yes, the money's there, but I cannot for a fact, no. And represent on your behalf that there aren't a billion, two billion or four billion dollars worth of corresponding liabilities. That are collateralized against the two billion dollars in this account air go. I can't say that you as a company or solve it to the tune of net two billion dollars. ICO's are thing, not sure if you guys have heard about this, but it turns out people are raising some decent money over the last couple years of them. Just kidding. One of my biggest complaints about the fundraising space in general within crypto currency over the last couple of years has been that ICO's started off as something that we're really impounding fully decentralized projects, but eventually people figured out and didn't take too long that you could use these fun things other than fully centralized projects. And actually it was much easier to fund these things using the ICO method or the token sale method than it is to actually go to traditional venture capital where really it's more relational on there's lots of hoops to jump through on that side with ICO's. Sort of the impression from early on was that you have an idea. You put together a compelling pitch for your idea. Hopefully you have a proof of concept that actually demonstrates that your ideas not crazy, and then you raise all the money that you need instead of selling equity by selling a token. This is an idea. That everybody likes trying to raise money because it looks like absolutely the best path forward towards raising money since you don't have to give any equity and you get to involve people in your projects, and now they have a financial interest in the success of your project, which then gives you that initial community are looking for. I spent a lot of years traveling and talking about this exact idea, but his time has gone on my knowledge and experience with this mechanism has become more nuanced for the last year. I've been kind of complaining about the fact that ICO's as they're handled are totally illegal in the last couple of months, last six months. There's been more discussion about that more focus on securitise token fring, which were basically taking the idea of token sailor and ICO. But instead of ignoring all of the laws around fundraising, you follow laws around fundraising and you wind up with token. That's pretty terrible, but is better than non liquid equity. So a couple of days ago and article came out. From decrypt media that basically is a investigation into the enforcement activities and sort of the SEC clarity that I've been waiting for for a long time. And a lot of people have been waiting for a long time which was never really made obvious, but which seems to be happening now behind the scenes. So to read a couple of quotes from this during the past few months, the security and Exchange Commission has significantly widened its crackdown on certain initial coin offerings, putting hundreds of cryptocurrency startups at risk. The SEC sent out a slew of initial information seeking subpoenas at the start of twenty eighteen. Now, the agency has returned to many of these companies than subpoenaed many more focusing on those that failed to properly ensure they sold their tokens exclusively to a credit investors..
"sto r. e" Discussed on Let's Talk Bitcoin!
"So whenever we talk about these custody dollar peg solutions at the end of the day, the US government has unilateral rights against dollars regardless of where they are in the world. It's sort of how disruptive can these things get before they're just stopped. Not because the actors aren't doing things as they claim they are, but because the government won't allow it to. That's an interesting point that you brought up Jonathan and actually, I think that tether was trying to sort of counter these rumors are like Cher people basically that they did have the reserves and they released like some kind of reporter balance-sheet or audit or something. That seemed to imply that they were holding other assets besides US dollars in order to back their coins. So maybe they have a portfolio of assets backing their coins, but regardless there's still risk. And as Indra said before, the fear of them not being solvent or the not having the reserves is enough to muck with the price. Can we Rupp this up by discussing kind of how ward we are or not worried? We are very worried because I don't use any of these trust them. So, but does this represents a stomach risk to bitcoin or cryptocurrencies in general? I think not for two reasons. We survived gawks which had both the reserve problem and the only exchange available at the time effectively, which calls the liquidity problem. So we know bitcoin can survive that tether isn't a very big part of the market capitalization, even though it's important to a few exchanges, and there are now other stable coins that the market can switch to. If there's a problem with this one, and presumably if the reserve still exist, then it shouldn't be too difficult to switch from one to another. So I'm not worried about it being a systemic risk, although it can damage specific changes and calls headaches for customers who use it, not a systemic problem in my opinion could be wrong, of course. Yeah, I think that's a good point. The ecosystem is a lot more diverse. Resilient than it was in the days of mount gawks when that was like the only exchange that you could possibly use the ecosystem being different is I think more important than anything else in this question, tether has fought legitimacy issues. You know, in claims that they don't have the money for a long, long time, and so long as the market didn't have any good options that replicated the functionality of that, then you really didn't have any risk of the project collapsing in the way that it could now. But now I actually do have increasing concerns about the viability of tether, not because of any real underlying issues. But because now there are escaping in lifeboats will allow people who have a lot of tether to not have a lot of tether, but not give up the advantage that having a lot of tether has given them over the years as far as the actual overall ecosystem goes, though I agree with you. I think that if there is gonna fail that this is the time when it will have the least impact on crypto currency, relatively speaking. And really all it'll do is just make one or multiple of the other type of dollar coins that are now out there. Into the defacto option. Because right now I would argue that just through name recognition, the length of time, it's been around, people have problems with it, but ultimately it is still the largest dollar coin by large margin that could change and to their credit because it is easy to fault someone for not being sort of an ideal tether, sort of did something really cypher punky, which is the idea of what happens to a financial institution when they become unbagged. How do we as a market get around that and say, well, you're not gonna stop us from conducting business with them. So as a hot patch brooding around censorship and the tyranny of the sovereign, it was a really cool thing to do. It was really awesome. It was really libertarian. It is really libertarian. It's not the perfect solution. I don't think it ever will be, but the fact that it's even able to make the fight to the extent that it can I think is something worth meriting. It's sort of important to remember that Apache rules the world, and it's literally called. A patchy server. So whatever may end up being the solution at best may just be described as a hodgepodge of things that are broken that we simple together that works well enough..
"sto r. e" Discussed on Let's Talk Bitcoin!
"BTC is trading at six thousand four hundred something on most exchanges sixty seven hundred on but fix, which is very reminiscent of kind of the whole now, gawks experience where we weren't talking about a token is version of dollar, but we were effectively talking about another version of a dollar, right? This was a dollar worth value within an exchange like Mt. Cox. And at the point that you can no longer pull that value out in the same way, you start to see people get nervous and they'd trade it in even if it is at something of a loss instead of looking at it as bitcoin is expensive on bit Phoenix. Effectively, what it's happening is dollars are being discounted on bit FedEx, and the reason is because you can't take them out. That's why the price of bitcoin in dollars has increased to that level. One of the big questions that I have about all of this and one of the things that's really different about this time with tether versus all the other times of people have had concerns about other is now there are real alternatives to tether. The don't seem to have these same problems like we talked about. You know, tether was kind of like the first one out there. I remember you know, like this was a conversation that was happening in twenty fourteen early twenty fourteen and tether launched not too long after that. So as far as projects go, this was really kind of the early precursor of the stable coins. But now now you've got the winkle dollar. Now you've got the one that just came up from circle. Another one came out right after we released that episode two, this is gone from being a market that has only one option it, which everyone who wants that utilities forced to us to. Now there's lots of options all of which seem more legitimate than the one that people have been using for a long time. So I think that whether this is a real problem or not, certainly the environment in which other exists has very much changed the the question is how much better are these other options? Because tether wasn't defers. It was preceded by a dollar pay on the Omnia master coin platform. If I remember correctly, then actually is it that is tether bit USD was before to other bit. USD was before other, but that was the game theory. One tether was the first one that actually they were like, we have this money in a vault. We'd say that it's a societas with bitter next. But the reality is next was the instigator of this project and was the original group that was really wanting it to happen because they needed something like this. So the only question is, can these other Savo coins create more trust basically, by auditing their reserves, more and more frequent basis? As far as I know, tether has done one third party audit, which was a few months ago, and that didn't seem to create enough trust. Some of these new platforms are claiming to be under the purview of various regulatory bodies, and we'll be doing more frequent audits because at the end of the day, if you are. Trusting pay, you're, you're trusting in the custodian of the dollars and trust has to be earned somehow since there is no trust loose mechanism to do this, you're not just trusting the custodian, but you're also trusting the risk that the government won't sees it because liberty dollars didn't have the problem of not having reserves. It had the album of the FBI seizing. All of the collateral Libya reserved for those who don't remember was a project that used, basically I was silver was also do. They also have gold too. I think they had gone. It was hard medals well off metals, hard money, soft metals. Thank you for the correction, but I really liked the idea of backing something with hard metals. So I'm going to do a tungsten coin. Right? Because they literally had a vault filled with coins. It was just that the government took them and some of those coins didn't belong to them. They are holding it on behalf of someone else, right. Most of those coins didn't belong to them. Actually, it was a way that people are able to use that money digitally effectively rights like trading receipts. It's a lot harder to seize hundreds of thousands or thousands of pounds of silver than it is to just transfer US dollars out of a Bank account..
First flying cars land next year, claim makers
"The world's first flying car is set to go on the market with a presale scheduled to begin next month. Really? Yeah. Think about how cool. This would be the skit by major news. I haven't seen this in the the first of two seat hybrid electric vehicles. This sounds like an eland must kind of thing doesn't it? Yeah. Which by the way, I don't know if you saw this. He he's been ousted as the chairman saw that of tesla of his company and his stock went up as soon as he got dumped. That's not a good side. Loops but the good news for him. He just signed a CEO of Papa John's. Anyway. So this the first of two seat hybrid electric vehicle can switch between driving and flying modes in less than a minute will be delivered to customers next year. According to the manufacturer terrified Zsa which belongs to the parent company of oh, the transition can fly up to four hundred miles at top speed of one hundred miles an hour. That's pretty pretty cool. The prices not yet been determined. But preliminary sales of the first of the pioneer remodels beginning October, according to a news agency in China recent improvements of the vehicle that included a hybrid electric, motor upgraded seats, more luggage, sto storage, improved seatbelts and airbags. That kind of thing airbags crash into this in the sky. I'm looking at the pictures for this thing. Yeah. That is not a pretty vehicle. Who cares? Bye, listen, there's going to be pretty I'm looking at some that can drive to work in a couple of minutes. How high will it go? I mean, how does it fly because radically if it's high enough it could the air aircraft has foldout wings weighing roughly six hundred kilograms because I guess this is a overseas thing as fixed loading sorry. Landing gear can fly to a maximum altitude of ten thousand feet. Wow. Theoretically crash into another plane, right? Wow. So you're gonna have to get some sort of FDA clearance to drive this thing to get into the approach to an airport. You could be in some big Trump. Right. That's probably one of the reasons why it hasn't taken off yet. No pun intended. Seriously because that he could be
Ottawa Menzel, Dave Van Gundy and Hamilton discussed on SportsCenter AllNight
"Eight yards is Alouette sto dropped a twenty four seventeen decision to. Ottawa Menzel didn't throw a touchdown or interception and what you just heard was him getting down to the goal. Line he got hit a
Reese Witherspoon throwing ice cream at Meryl Streep is the internet's new favorite thing
"This is a. Mytalk dirt alert update quick look at what's happening in entertainment Tell me. Something good Ben Affleck Matt Damon are teaming up for a new big screen project Aflac is attached to direct and Damon to star in true crime story published in the Daily Beast several days ago about an ex cop who the McDonald's monopoly game allegedly stealing over twenty four, million dollars and sharing it with an. Unsavory group of coq group of co conspirators who offered kickbacks to the mastermind so this article, published, days ago huge. Bidding war in Hollywood over it and. Seems like Matt Damon Ben Affleck won Count Jan has been released from rehab after less than three weeks and seems like she's ready to get back to work TMZ reports that luanne contacted friends earlier this week and told them that she's doing, better and that she's ready for her. Cabaret gig at the paramount in Long Island on Saturday night this show course will be her, first, public appearance bad But this is how she she needs to make. Money worry she doesn't she get paid enough money at her house right salary this is just yeah I don't understand cancel this cavalry or other ways that the Countess can make some, money out I n Reese Witherspoon money can't buy, class Oh Shayne. Reese Witherspoon was photographed hurling ice cream at Meryl, Streep but don't. Worry it was all for big little lies season to sto- in the photograph, Streep Streep, hazard packed turned to Witherspoon character as she walks with sunglasses on and from the look of determination on.
"sto r. e" Discussed on CRYPTO 101
"The bank in getting percent of year i mean you're gonna see more because blockchain opens the door for more of that centralization where everyone can be their own bank there's people areas in the world where people don't trust governments don't trust banks and blockchain is the only way they can what they trust right dot decentralized ledger phenomenally in basically is going to be more important day after day as we move forward and one blood properly i think yet nology can definitely leverage from that special in the financial institutions where you don't have to wait three four five days to get a transaction from the us to buggy stan right or face seventy dollars on that transaction media is going to happen tomorrow is blocked gonna be the next big thing tomorrow and we can't survive without it no this is a five year project plus that's adopted will say oh shit i can't blockchain i need it if you're lunching and business model using the knowledge what do you mean you're not using i mean look look evolving the email was big thing forever like people used to use outlook express them my outlook forever and then g mail and hotmail kim and people like oh you don't use web emails like yours you're crazy like i haven't used a client years now is like what you use email what about slack and now you what do you mean you're on slide this we chat and telegram right is larry i love it sam before last question i wanna say thank you very much for spending an hour in one minute in twenty five seconds of your time talking to meet today my glad to for spit on hoppy that you invited me so last question of the day what three songs would you like on the crypto one spotify playlist let's see something eighties definitely eighty seven eighty seven oh you're young dude i'm thirty one i look i look wise and sound wise but i'm thirty one actually say hold that i saw definitely something jam oh definitely i want something muse was not easy it's not eighties but i'd i'd like something news cool absolution album maybe i'll put some of that on our underplayed list enjoy your night over in western canada have less wine organize beer and you relaxing talk to you soon cool boxing i rather thank you thank you for listening to this episode crypto wanna one head over to the youtube channel crypto one with matthew aaron to check up my round up i usually post around about two days after the episode comes out and before we go as always apogee crypto dot com as apo g e crypto dot com the best place to check your real time prices crypto news dot com for your news up on the fly that's the oh if you need a website we'll see you in the next episode of crypto one thank you very much this is matthew erin
"sto r. e" Discussed on CRYPTO 101
"Keeps growing day today on wants to so called comes in hoping to solve that fundraising gap for enterpreneurs man good luck to you and i hope everything works out with that if we go into some general questions about the crypto space shirk excellent you have crypto of course of course house your house your portfolio looking today is not looking well say i try not to look you know to be honest i look every other week i know if i look now i'm gonna be pissed so i know the markets now or down the blood it's a bloodbath in the market it's saying but i think i think we're in the last wave right again i am not giving any financial advice little i think five thousand three hundred before we see other consolidation in the markets on going up again but the opinion based on my analysis first happening so you think there's some silver lining in our great clouds using i think we're gonna see a ten thousand other bitcoin at twenty thousand dollar bitcoin this year yeah i think it's like if you follow the elliott pattern ways and there's like five one two three four five so i think we're at the last down where there's probably gonna be one more of a drop then things are going to pick up again how much go i am not an oracle but yeah people say that one bitcoin drops to three thousand went up to fifteen thousand after one dunaway dropped from thousand to two thousand there was a bigger dry increase after right so as this gonna be the the silver lining that's going to bring it up to twenty five thousand and i hope so was gonna break thousand bucks again i'm like gonna break five hundred let's like coin five hundred light kwena thousand please come on make some of those make some of those connections that we're hoping amazon facebook something come on charlie doing stop buying watches brantley solos lifeguard so he's not the he's not biased anymore we gotta get him some coin again because centralized cinema couple of my coin to get him incentivized again here here have point to coin charlie get to work so who's advice in the space do you take any frame of this question we follow a lot of people on you know medium steam it twitter whatever and the write blogs they tweet in what have you if this person tweets if this person writes a blog who who somebody that you're paying attention to and you'll read it follow with alec a lot to be honest from here i'll like what is one of those people that he's he criticizes the himself he's not happy with how scalable is on pushing for those changes he's like for some reason that happy if there was going up in price right thinks it's over valued i like it's nice i know exactly it's like if nice to follow people like that were in it for the technology and i like what he says i'm following the changes that he said just a letter sent everyone in bay city foundation in general roy slide colleague everyone also run them other people just like full the basic ceo's or in the founders of projects that i cannot invested in from ico's i can name them if you want a few console nanny them but like i follow just see from bloom right so i believe in decentralized credits on the show yeah so i'm a big fan of jesse i'm actually like i just a couple of events in montreal before even buy into the blockchain space when he was just into marketing podcasts absolve and then i follow vinnie from civic just like what he has to say on a couple of there's a couple of other like basic influencers the kripa space there's the ref all randomly follow them on twitter just interested to see whether it's in montreal toronto or on the go but manny like i follow we thought people were actually actively go on search to see what he actually said recently house bloom doing anyway i haven't had i haven't talked to jesse no while podcasts every now and then and see what stab they i mean they're seeing their boarding more people using their platform i'm not the i see that price slowly going up but i think we're still a bit far from mass option for decentralized credit scoring but decentralizing grad scores your.
"sto r. e" Discussed on CRYPTO 101
"I think birth becomes more of a commodity as not really there's no fishing afford a bit going to security not bitcoin is a commodity right so that is now are we going to get it to one chilean crap i think bitcoin added on its own bath it's not going to be classified as security i think most of the security token props being launched on different platforms like syria more on fuelling alonso's or stellar security tokens but how to bring that to become i think bitcoin is gonna go up slowly when i saw you twenty five thousand of the end of the year fifty thousand five hundred thousand five years i mean that's gonna bring it up to children that supply and demand woman's gonna push to trillion markup over time i don't think security don't get the one that's going to bring it to bitcoin unless really we have a hidden new improvements in the industry where you have more people launching security tokens become but i don't know i think syria smart contracts on these functionalities that are being added to fokin's gonna drive those platforms protocols to the higher volumes by think but has a different trajectory baath that has nothing to do with the just my personal opinion people might disagree does a little bit about coral is that how you pronounce it yeah exactly so closer busy coral reefs but just dropped a because we don't need vol where so cool because you know just because balls right we don't need them it's a fintech trend of friends you drop the last foul your name so what girls doing we're building a investment from for startups on small businesses that allows them to get access to fund or friendly nundy allude of cash right so to additional way of raising capital as a startup or a small businesses either taking that from or loan from bank or giving up equity and mortiz and control a new company what goals doing is we're launching doctrine that allows businesses in general to raise money through what we goal revenue sharing or with people individual sector as royalties right so we deploy capital in the business and we'd take percentage of their revenue and filled up passback so let's say i give you hundred thousand dollars with you know what after you're gonna pass that hundred thousand dollars as hundred fifty thousand over the next two years you're gonna pay it by by giving us a percentage of revenue stream until you do this way as a management team or is found rose you have full control over your business and you you're growing at your own pace you don't have the bush that selling to grow their own pace to have that twenty thirty extra turned that they want on the home run that we've done is we've built a fully automated platform backed by blockchain big data and machine learning right so i'll work electing almost thousand data elements on each business that connects us and that allows us to gonna take three story six to nine months process fundraising crunching it to two weeks that's basically solving gab this in the market of three point six billion so there's a three point six billion gap right now in financing setups on small businesses and a lot of people haven't been handling it to the right product out there whether it's likely quite funding or peer to peer lending dot funding gap.
"sto r. e" Discussed on CRYPTO 101
"Of that so it's a lengthy process now you're used to have the boarding process for investors so the act to collect information yet to collect the government id's or or haven't identity verifying provider right so it's a lot of work you have to come date now that you have money to spend understood by putting your white paper out there on hoping for the best you have to approach lawyers you have to approach regulators the jurisdictions you're targeting because you're security just because the sec said yes doesn't mean you can go on southern singapore now because singapore has its own security laws but same thing in candidate so just because the us give you that blessing doesn't mean duquet is gonna give you their lesson yeah chances are the u s gave you the resting of other countries are will because that's the hardest to get but released rules you have to follow are taking consideration when you say i'm doing a security token offering so you answered my next question already is it hard to launch an sto successful compliant as til answer is it's a pain the as it is a pain in the ass but it is the right way of doing because specially that now the consumers productive because the gonna just approve a project or the riot some questions i wanna know how you're talking works and what's involved i so that there's no scammy project right and there's no silkroad so that's i mean yeah it is opinions three to six months process sometimes depends on how complicated project you have to make sure that you have all the paperwork and used to be ready for it and the future of the seo the regulators come non knocking days like show me all the kyc's that you've done all you investor to show that you've done that compliance seconds verify than his check to that if you are called to court when you have the documents so buying twenty thousand dollars worth of kyc data from russia's again from the the rest rest of of you to reach that is now going out so what do you think of these ico's that purposely avoid the united states and the uk and korea and things like that that's a fair game if they want to avoid that because it's easy of 'cause it's easier for them that's fine as long as not really doing it so if you decide the entrepreneur say what i'm only going to do it and crypto friendly jurisdictions gibralthe are such lender whatever than fine just don't attract us investors really saying you're not doing it but the same like you're starting to see other countries say that finn mafia sample switzerland or said that if it is dog and you have to follow secure a lot of fresh switzerland where happy operating there because they didn't have to kyc switzerland issued in december or november twenty seventeen like guess what the after kyc ammo unsightly uc projects delaying the launch by two months shit we have to move now it's obvious that it's easier to ico without the kyc am i'll it's easier just to say give me fifty million dollars promise i'm gonna do stuff of course are they being fraudulent are they being deceptive i know the easy answer is some are but at this point in time two thousand eighteen if they're not doing an sto in complying with local security laws it's a choice to be either lazy or fraudulent would you agree with that statement i mean thirty cassava fraudulent product been winless you're the strangulated the difference is now the regulators know who the management team is the owners are they have contact individuals they can subpoena them put them in jail that's different if you're running regulated approach even have nonregulated is your product that could be successful there's a lot of nonregulated non compliant products that did not filed for those paper works didn't do kyc under very successful and they're giving by the community and i'm not gonna amos doesn't show that i'm biased but i mean they're good prize i bought myself i an ibm even they've been working the community is using them on daily basis because why she didn't fire i guess they just launched their ice you back in the days before things were not that stri complicated and the running smoothly but you have other products whether their word you'd regulations or not they're the worst thing that happened to the community so why is everybody saying the security token is the.
"sto r. e" Discussed on CRYPTO 101
"Friends for one hundred dollars i guess what you've made some money on that that can clear there is expected profits now is really securities of nod deaths the question now dot branch right we had the biggest argument recently about sarah is that a security is utility luckily disclaimed diphtheria was that utility token but we need to look at things differently right because drag lawyers right now look at things from initial bond of you if it's cutie averts utility what's the value of your duggan but also look at it of how you're talkin is being used so if itself monday did their ico there were technically security right they did ray distribution so can people did make money but if you look at it from the perspective how to use that as a utility it's providing access to the network it's alliance to build on that platform to that's why good classified as token would have been if if a theory was deemed a security oh we if you think three hundred dollars is bad wait wait wait to see that i don't know how much for not have dropped his too you think so yeah everyone in this screwed hewitt would you secure them that point because you've just securities what is this how we test then how this is only us based rights country has its own thing kansas pacific coin as our pacific project so the how it does by the has a couple of rules when basically it says doesn't have expectations for profit as being dividends so there's a set of questions that you have to ask yourself as a as an investor as insure to verify if were security docket right i'm just passing one example on failing the others doesn't mean you're utility token you're not messing two out of the three extra example doesn't mean you're or utility or or doesn't mean also after bass all this just satisfying one of them can put you as a security right so it doesn't present on acid presents financial equity dot could be a security as dividends is being does as the purchaser buying it with expectations of profit and the feature to security tell us what you look at all i see oh that's why the sec said everything's security because most people bought those though cans and or utility tokens not a call them on the ico but they didn't have speculation for profit of people who put contributed to fifty million dollar ico and that's building decentralized storage didn't do it just because they love the concept of decentralized storage the obviously as a way of pretty crowdfunding grave cheers but they do have the liquidity that took and they're hoping for expectations of profit right and does what gaming label them absolutely so then what is as teo we're finally there we notice security is we know what are you tilleke is what's an s t o so an steelers too much came as a reaction to ico's rights with the labeling of most projects security tokens and for people who wanna come in front of regulations on say we are launching security tokens it became gold sto or security token offering instead of flailing yourself as an issue coin offering initial token offering just because of the connotation or the back on patient that term set to give industry so security token offering or sto is basically any company any issue that's launching token the to present a security meaning that security could be a membership in a fund so whether you'd say an investment fund or a mutual fund or a venture capital fund whether it's debt so if you're doing peer to peer lending and your cocaine represents equity or shares at bays out dividends or royalties should not that all of that is considered a security any company or issuer that's actually doing something like that kind of label themselves now as a security token offers the difference is now a soon as doing an st oh there's different rules so you can't just basically put a smart contract out there and hopefully hope money will flow into that as a steal you now intentionally saying that i am a security so you can't say i am launching steal but my dokan is a utility that's much more as soon as you label yourself as a steel or say you're doing a steal now you have to follow all the regulatory rules so starting with kyc am l so no your customer anti money laundry searches so meetings you have to government id you to.
"sto r. e" Discussed on CRYPTO 101
"The chance to land right or we haven't even get the chance to launch properly because the season's just came in before anyone send their money or anyone got a loan from us right so all of that has to be shut down immediately you've been in the business of lending people lending other people money for a long time two thousand nine thousand ten probably all right all right so then you saw the icao and the season desist letter came in two thousand sixteen correct now not even two dollars weird talking two thousand nine he's a mrs like the company pivoted and went public and became convicted different business in two thousand two thousand nine and the company still functional now all right ren on cool cool cool so then ico's come out when you saw coming out because you are now into sto's but was talking about i steals ito's came came out what did you see with i i don't even know what the question is what is a computer different industry right so now i mean if you look at how the industry of volved from traditional kick starter campaigns where you have a product on solid to something on not decried funding early on to peer to peer lend disappear three lending and then i quickly greg funding and then next thing you had the ico's rights where people just created dokan and say i'm doing this project then sunday rhys fifty million thirty seconds a lot of people think that this hype started in two thousand sixteen twenty seventeen but actually the first ico was master point in two thousand thirteen on think it was done over a route in bitcoin not this year i'm right the renault now and then we had the serum launch doused ico it's all but which allowed the role for a lot of ice ios to come handy down the road i mean look there's been it's definitely a good model for people to raise money either leave and involving the community because it is a good way of expanding your outreach as a business on getting a network effect around your for users and getting access to capital two which is you can have had access to in the first place i mean thing at twenty seventeen alone we've ics surpassed vc funding right it's a great idea but just like every great idea or like the tech bubble it came to open the door for a lot of scammy project a lot of people who've never managed checks on their life or danjabbo business too go there and raise money everyone who thought that their businesses dyke thought if i just launched on i see on put a blockchain label on it all be able to raise steady million twenty million so that's why you had that influx of huge money coming in and twenty sixteen seventeen twenty eighteen as well i'm still things started changing twenty seventeen government studying stepping in but as as overall model i think it's a great model to raise money from the community if it's done right for regulations for product everything else i saw a statistic just the other day the twenty seventeen raised about seven billion dollars in ico funding compared to i think it was three point two billion in vc and we're at six point eight billion into dozen eighteen so far so it is definitely a good model to raise money but is the ico an ethical model and what do you think of regulations i mean look so i think the recent study was what thirty percent or forty percent of the ico projects that from twenty seventeen fails to deliver a property six percent forty six percent to be accurate so that's almost half right so you're talking seven point six billion of no no like i think the numbers in britain seventeen point six billion or something about so you're you're saying fifty percent one fail them he's like half of three point six billion just went to garbage that's people's money people can argue it's hard earned or not but still like they've invested that money they major turns on it and they decided to invested than ico's on them they lost because the product was scummy or the management team did not know what the hell they're doing because it's hype in umbrian ride that way and that's one reason why hate using the word ico and general because because of.
Arkansas, Mountain Berg and Kansas discussed on Weekend Round Table
"Controlled legislatures override his veto of a huge tax hike to help fund public schools spring storms roaring across the nation at least four people were hurt by a tornado in the tiny arkansas town of mountain berg yesterday the caused serious damage our sitting in my house and i heard like they sound like a freight train a walked out and straight above my house there was rotation stuff flying everywhere there are blizzard warnings from kansas into nebraska south dakota and iowa much of minnesota has winter storm warnings and watches along with wisconsin and michigan and there's already sto in.
Tempe, Arizona, police release footage from deadly crash involving self-driving Uber
"Is spared the full impact of this latest nor'easter however there are some minor coastal flooding concerns this morning sto totals they'll minimal throughout the state we'll have details with accuweather coming right up about three hundred homes or so in and around cape cod have lost power because of the storm no significant delays though to report on the t but more than a hundred flights are cancelled over at logan airport dow futures right now pointing down about two hundred eighty eight points but actual transportation safety board is investigating the self driving car accident that killed a pedestrian in arizona a newly released video shows a forty nine year old elaine hertzberg was walking her bike down a dark street when she was struck the video shows the safety driver inside the uber had her eyes off the road during the clash cbs news transportation analyst mark rosen kerr tells us what's going to go into this investigation analysis is going to be done by the national transportation safety board back in washington dc after looking at all of the data which in fact includes the video interviews of the driver and examination of the data on the recorders in the vehicle itself that crash sunday dotted tempe was the first death involving a fully autonomous test vehicle a boston is held without bail after reportedly robbing it unconscious man who was laying dying on a t platform transit police responded to calls of a medical emergency at downtown crossing station around five fifty two year old man was pronounced dead at the scene investigators say before they arrived anthony stimpson went through the victim's belongings stole from him then left him to die without calling for help just because that's something that's very sad that this is human nature police arrested stimpson where they found the deceased man's prescription pill bottle in his pocket stimpson is facing trial at april police say duxbury bad volunteering with ems drivers in connecticut took inappropriate photos of patients riding in the gamblin's christopher barlow is also suspected of placing a hidden camera inside a bathroom at the ems building at eastern connecticut he's charged with two counts of voyeurism and faces additional charges with the theft of two firearms from a co worker and impersonating at eastern police officer barlow was indicted on similar charges last year when he falsely claimed to be a homeland security agent and stockpiled guns ammunition and.