Educational CyberPlayGround, Inc. NetHappenings 12-8-2020

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HOW IT STARTED | HOW’S IT GOING

HOW IT STARTED
“A damn stupid thing to do”—the origins of C 

HOW IT’S GOING
The Modern World Has Finally Become Too Complex for Any of Us to Understand | by Tim Maughan

Election

Russian State-Sponsored Actors Exploiting Vulnerability in VMware® Workspace ONE Access Using Compromised Credentials

How a suspected Chinese spy gained access to California politics https://www.axios.com/china-spy-california-politicians-9d2dfb99-f839-4e00-8bd8-59dec0daf589.html

When we lose an election Republicans tell us to “get over it”. When they lose an election they accuse everyone of cheating, call for investigations, beheadings, martial law, civil war, whine about it on Fox News, bring law suits, & take it all the way to the supreme court.

#IMPOTUS a quadrillion to the fourth power is the Biggest incumbent Loser of the Presidency.

Russian Media Wants Moscow to Grant Asylum to Trump 

Russian media and lawmakers are concerned about the future of the Kremlin’s favorite U.S. president.

Unsanitized: The Dealmakers Don’t Want to Make a Deal

Mitch McConnell keeps dodging and obfuscating. This is The COVID-19 Daily Report for December 9, 2020.
https://prospect.org/coronavirus/unsanitized-dealmakers-dont-want-to-make-deal-stimulus-liability/

GOP lawyer resigns over treatment of Florida data analyst
https://www.tampabay.com/news/florida-politics/2020/12/08/gop-lawyer-resigns-over-treatment-of-florida-data-analyst/

Fired Data Scientist Rebekah Jones Raises $100K After FDLE Raid https://www.wlrn.org/news/2020-12-08/fired-data-scientist-rebekah-jones-raises-100k-after-fdle-raid

HEALTH

@guelphgirlchris
So my Proud Boys brother refuses to take the COVID vaccine because “Bill Gates is funding it and he is having micro chips put in the vaccine so he could track our movements.”

Small Data, Big Implications
What we can learn from the latest indoor dining study

Anti-Coronavirus Vaccine Movement Grows, Fueled By Online Misinformation, Conspiracies
https://www.wbur.org/hereandnow/2020/12/08/anti-vaccine-misinformation

Twitter billionaire Jack Dorsey gives U.S. mayors $15M to fund basic income
https://thehill.com/changing-america/resilience/smart-cities/529316-twitter-billionaire-jack-dorsey-gives-us-mayors-15

Instead of a colonoscopy, a new screen tests poop for colorectal cancer-related bacteria https://massivesci.com/articles/microbes-test-colorectal-cancer-fit-p-micra-poop/

Mellissa Carone says she will not quarantine, despite sitting next to Giuliani for 30 minutes without masks, and despite health officials in Ingham County calling on anyone in contact with Giuliani in close range for more than 15 minutes to do so.

MONEY

Feds, states sue Facebook over alleged antitrust violations, laying groundwork for possible breakup

The antitrust lawsuits were announced by the Federal Trade Commission and New York Attorney General Letitia James.
“It’s really critically important that we block this predatory acquisition of companies and that we restore confidence to the market,” James said during a press conference announcing the lawsuit.
https://tucson.com/news/national/feds-states-sue-facebook-over-alleged-antitrust-violations-laying-groundwork-for-possible-breakup/article_1c00c9c3-2c04-5e72-91d2-078bdd89247e.html

Congress should offer all WFH workers home-office deduction on their taxes

Sorry, but It’s Just Easier and Cheaper to Audit the Poor
CAUSE they defund the IRS and the layers that go after the 1%

Tom Malinowski @Malinowski
Diplomat, father, former Assistant Secretary of State for Democracy, Human Rights and Labor. Congressman representing New Jersey’s 7th district.
“Tonight we passed a defense bill, by a veto-proof margin, that bans the registration of anonymous shell companies in the U.S., so criminals and kleptocrats can’t hide their illicit cash here, and to give President-elect Biden a potent tool to fight corruption at home and abroad.”

 

BITCOIN

Even the mainstream economists at the Fed Phily & their collaborators recognise central bank digital currency – accounts at the central bank for the public, competing directly with banks who have been providing digital currency so far – will kill the banks
https://www.philadelphiafed.org/consumer-finance/payment-systems/central-bank-digital-currency

From Bankless to Launching Our Own Banks – The Evolution of Crypto Regulations with Hailey Lennon
https://podcasts.apple.com/us/podcast/from-bankless-to-launching-our-own-banks-evolution/id1535260461

Kraken Becomes First Crypto Exchange to Charter a US Bank
On Wednesday, the Wyoming Banking Board voted to approve the San Francisco-based crypto exchange’s application for a special purpose depository institution (SPDI) charter.

NOW You can have a bitcoin bank account.

Our mission is to bring crypto to everyone. Kraken CEO Jesse Powell explains it all in our video series: Crypto 101
https://www.kraken.com/
Kraken is now the first SPDI bank in Wyoming. According to the Wyoming Division of Banking’s general counsel, Chris Land, Kraken will also be the first newly chartered (de novo) bank in the state since 2006.
“By becoming a bank we get direct access to federal payments infrastructure, and we can more seamlessly integrate banking and funding options for customers,” said David Kinitsky, a managing director at Kraken and the CEO of the newly formed Kraken Financial. (Kinitsky has run Grayscale Investments, was the first digital assets hire at Fidelity and was most recently head of business development at payments startup Circle.)
https://www.coindesk.com/kraken-crypto-exchange-secures-bank-charter-under-wyoming-law

Why it’s still very difficult for an institution to own bitcoin.
If you don’t have firsthand experience with how traditional financial
institutions (pensions, corporate treasuries etc) administratively permission the …

Educational CyberPlayGround, Inc. NetHappenings 12-1-2020 Bitcoin

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Bitcoin

Bitcoin rallies above $19000 after biggest rout since pandemic
The futures market is proving that it’s becoming a more important risk-hedging venue for Bitcoin. Open interest on the CME Group platform has…
https://m.economictimes.com/markets/stocks/news/bitcoin-rallies-above-19000-after-biggest-rout-since-pandemic/articleshow/79494373.cms

Bitcoin Hits New Record, This Time With Less Talk of a Bubble
The crazy cousin of traditional currencies, which fell below $4,000 in March, passed $19,783. More investors now are buying it for the long term. Buyers — led by American investors, including companies and other traditional investors — are treating Bitcoin as an alternative asset, somewhat like gold, according to an analysis from the data firm Chainalysis.
https://www.nytimes.com/2020/11/30/technology/bitcoin-record-price.html

and
https://www.wsj.com/articles/bitcoin-hits-all-time-high-of-19-786-topping-record-from-december-2017-11606750573

BTIG says cryptocurrency ‘comes of age,’ puts $50000 target on bitcoin for 2021
https://www.cnbc.com/2020/11/30/btig-says-cryptocurrency-comes-of-age-puts-50000-target-on-bitcoin-for-2021.html

Bitcoin hits all-time high of $19857, extends year-to-date return to 177% Business Insider
https://markets.businessinsider.com/currencies/news/bitcoin-hits-new-record-high-after-trading-above-19700-2020-11-1029849416

Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios
https://www.coindesk.com/investment-giant-alliancebernstein-now-says-bitcoin-has-role-in-investors-portfolios

What Bitcoin’s New Record Means For Wall Street. It’s not an existential threat to the banking system, but a spur toward a post-Covid digital payments
https://www.bloomberg.com/opinion/articles/2020-12-01/what-bitcoin-s-new-record-means-for-wall-street
and https://www.bloomberg.com/news/articles/2020-11-30/bitcoin-rallies-toward-19-000-after-biggest-rout-since-pandemic

Bitcoin hit the $19800 mark. What the IRS wants to know about your holdings
Bitcoin’s value hit a record on Monday, surging past $19,800 for one unit of the cryptocurrency. Whether you bought, sold or exchanged any of your …
https://www.cnbc.com/2020/12/01/bitcoin-hit-the-19800-mark-how-this-could-affect-your-2020-taxes.html

The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” https://news.bitcoin.com/venezuela-army-mining-bitcoin-for-unblockable-income/

xoxoxox

NetHappenings!

Bitcoin briefly above $18,000 on Wednesday but went down

Bitcoin briefly surged above $18,000 on Wednesday, having passed the $15,000, $16,000 and $17,000 milestones in the past few days. The record high for bitcoin is just below $20,000. The total value of all the bitcoins in circulation is now more than $300 billion — also near an all-time high.

https://www.cnn.com/2020/11/18/investing/bitcoin-prices-rally/index.html

Wall Street Legend Bill Miller Reveals ‘Strong’ Bitcoin Recommendation Despite Massive Price

NOT FINANCIAL ADVICE – DO YOUR OWN RESEARCH

#HODLE  #BITCOIN  #HODLERS WILL WIN
Bitcoin is an open source censorship-resistant peer-to-peer immutable network. Trackable digital gold. Don’t trust; verify.
Not your keys; not your coins.

#Bitcoin #Millenials #GenX #GenZ

#Boomers  can rid of the oil, coal & other traditional horrible stocks, they own are not the future, then update their will. Give bitcoin to your charity, or family instead.

Bitcoin Stock-to-Flow Cross Asset Model (S2FX)”.
Looking at stock-to-flow, phase transitions, cluster analysis, silver and gold.

Wall Street Legend Bill Miller Reveals ‘Strong’ Bitcoin Recommendation Despite Massive Price

The bitcoin price fell to under $4,000 per bitcoin in March as the coronavirus pandemic sparked panic among investors but endorsements from high-profile investors and Wall Street giants helped bitcoin make a stunning rebound, hitting $15,000 per bitcoin last week.

https://www.forbes.com/sites/billybambrough/2020/11/09/wall-street-legend-bill-miller-strongly-recommends-bitcoin/

Stan Druckenmiller explaining why Bitcoin is the best asset

It’s been around for 13 years and has ……..

Michael Saylor @michael_saylor
Augmented by great technology partners, #Bitcoin is capable of collecting all the monetary energy in the world, storing it securely & perpetually without power loss, and channeling it efficiently to anyone or anything at the speed of light. Few understand this.