How to earn Bitcoin Online in 2020 - Crypto Jobs List
Bitcoin Jobs - Cryptocurrency Jobs and Blockchain Jobs
Home - Chicago Blockchain Center
Got 9k sent to me by a person wanting me to dog sit
I know it’s a scam but I don’t know what to do. I’m on a dog sitting site as a sitter. I applied for a job asking for a 12 day sit. This guy “Henry” said he’d pay me more off the site. I really needed the money so I agreed. He would choose a day to meet and then back out. He did this a few times. I was super excited to meet this adorable boxer named “Olivia”. He never sent any pics of her after I requested multiple times. He then said he would send the money ahead of time to officially book me. Gave him the bank account info. I was supposed to get $500. He sent 9 grand. Forgot to add he and his family were in the process of moving from Chicago to Houston. It came from a Arizona Benefit Pay. I told him he sent me way too much money and questioned why it was from Arizona and for benefits. He proceeds to tell me I need to send it back to him as bitcoins. That it was from a place his business partner owned basically. I ended up reporting this to the cops and they said they’d look into. We never heard anything. Froze the bank account so he wouldn’t be able to pull anything else. I sent him a long text basically calling him out on a lot of things and that I reported him to the cops. Never heard another word. I was on the dog sitting app a couple weeks later. This guy named Donald hit me up. His last name was pretty the same as the Henry guy. I went along with it for kicks and he tried to tell me he wanted to do this off the app. Reported him to the dog sitting app. Sooo reddit. What shall I do? This happened in June.
In a recent spillover of internet-based long-form intellectual new media into the mainstream, Eric Weinstein appeared as a guest on Ted Cruz's podcast. Eric was well prepared. Cruz played the role of a charitable and engaged critic while avoiding direct confrontation. The conservation laid bare the intersection of the anti-corporate socialist left and anti-government libertarian right and the potential of these forces as a combined political interest. There was a strong sense of shared acknowledgement of the current crisis and they touched on all the culture war aspects. But I'm more interested in what Eric has pointed to now several times as the root cause of the systemic decline, and what seems to be the original trigger for the slow decay and building of tension that has ultimately led to the rise of darker elements on both the left and right that we see today: a Great Decoupling of productivity (GDP) and wage growth in the early 1970's. The significance of this time period has also been highlighted by Eric's boss, Peter Thiel. We are referred to https://wtfhappenedin1971.com/, where a collection of charts give the impression that a profound change in the foundations of the economy took place, effectively causing a divergence of all kinds of metrics related to equality, wealth creation, the complexity of regulation, and implicitly downstream effects like political polarization, incarceration rates, and age of marriage. The simple, seemingly persuasive answer is that the effective cancellation of the gold standard set us on a path towards borrowing ever larger sums to avert financial crises as they arise, and the return to a currency backed by something provably scarce, i.e. bitcoin, is a solution. I can't say I'm convinced it's that simple. And Eric doesn't mention currency specifically as the problem. So what I want to know is, was 1971 a real inflection point, the real root of inequality and dysfunction we see today? Was the removal of limits on the Fed's ability to print money a mistake? Or was there some other government action or change at that time that was the real cause? Do we need to let stock market crashes happen from time to time? A year ago, u/gwern posted a 1986 Atlantic article that described a lot of the problems in black America that are still around 4 decades later and offered more in the way of nuance and insight than most of the discourse we see today. What struck me on revisiting it was how the timing of the decline of Chicago aligns with the early 1970's trigger hypothesis:
In 1970 thirty-seven percent of the population of the area was below the poverty line; in 1980 the figure was 51 percent. In 1970 the unemployment rate was 9.5 percent; in 1980 it was 24.2 percent. In 1970 forty percent of the residents of the neighborhood lived in families with a female head; in 1980 the number had grown to 72 percent. In 1980 of the 54,000 residents 33,000 were on welfare. Experts agree that all of the numbers are even worse today.
My mental model for social issues is that they are mostly rooted in economics. If you have a society that generates wealth, you can pay teachers, doctors, and police well enough to attract competent candidates and the competition necessary to create real expertise. You can afford to build and maintain good infrastructure and spend time on figuring out how to best help the disadvantaged. You have the resources to advance technology and support the arts. You get all the positive feedback loops that come with this. When wealth generation becomes concentrated and restricted, public institutions start to struggle, people feel they have less opportunity, and social issues start to bubble up like the formation of outgroups of all kinds. A massive oversimplifation, I know, but a useful general framework to approaching issues that avoids (mis)placing blame on cultural degeneracy, "evil" corporations, or other common scapegoats that are largely symptoms of greater problems. Today, this mindset seems to align with the conservative right, but in the 1986 article it's the "liberal answer" to the problem of ghettos that I identify with:
In Chicago the harbinger of the change was the closing in the late fifties of the stockyards, which for half a century were the sine qua non of lower-class grunt work and a heavy employer of blacks. Chicago lost 200,000 jobs in the seventies; small shut-down redbrick factories that used to make products like boxes and ball bearings dot the city, especially the West Side. The lack of jobs, the argument continues, caused young men in the ghetto to adopt a drifting, inconstant life; to turn to crime; to engage in exaggeratedly macho behavior -- acting tough, not studying, bullying women for money -- as a way to get the sense of male strength that their fathers had derived from working and supporting families. As Murray believes that one simple step, ending all welfare programs, would heal the ghettos, the unemployment school believes that another simple step, jobs, would heal them. "When there's a demand for the participation of the black underclass in the labor force, most of the so-called problems people talk about will evaporate in a generation," says John McKnight. an urban-research professor at Northwestern University.
Indeed, Mr. McKnight. And up until this spring, it looked like the Trump presidency's aggressively pro-jobs and pro-American workers policy was showing promise of vindicating this view - the presence of BLM and racial tensions leading up to 2016 had all but subsided by 2018-2019. I wonder just how little backlash the George Floyd incident would have caused if the pandemic hadn't undone the economic progress of the past 3 years. Mind you, that "progress" was but a tiny step in the right direction in terms of improving wages and opportunities for the lowest earners. And for all the times the "audit the fed" meme hit the top of the_donald, it now seems impossible that the current administration has any capability or willingness to take the drastic steps needed to address the real root cause that apparently started 50 years ago. To do that, we may need an actual revolution.
Flurry of dealmaking Bayer (OTCPK:BAYRY) is paying as much as $4B for U.S. biotech firm Asklepios BioPharmaceutical, bolstering its pharmaceuticals division as it continues to reel from its acquisition of crops giant Monsanto (and cancer-related Roundup lawsuits). The latest deal, which includes upfront consideration of $2B and potential milestone payments of up to $2B, is a bet on cutting-edge gene therapy, which offers the potential to cure a wide range of often-rare diseases by editing errors in the body's instruction manual. Drugmakers including Novartis (NYSE:NVS), Roche Holding (OTCQX:RHHBY) and Bristol-Myers Squibb (NYSE:BMY) have also made big bets on the industry, snapping up gene therapy makers. Dunkin' may sell and go private Dunkin' Donuts and Baskin Robbins chains owner Dunkin' Brands (NASDAQ:DNKN) confirmed preliminary talks to be acquired by Inspire Brands after the NYT reported on the negotiations. Inspire would take Dunkin' private at $106.5 per share, valuing the company at $8.8B, or a 20% premium over DNKN's closing price of $88.79 on Friday. While Dunkin' said "there is no certainty that any agreement will be reached," if successful, Inspire would add the new assets to the Buffalo Wild Wings, Arby's Sonic, and Jimmy John's chains that it already owns. DNKN +19% premarket. More M&A: Blackstone to buy Simply Self Storage for about $1.2B. New Canada oil giant Cenovus Energy (NYSE:CVE) has agreed to buy Husky Energy (OTCPK:HUSKF) in a C$3.8B ($2.9B) all-stock deal that will combine two of the largest players in Canada's struggling oil-sands industry. The combined company will have about 750K boe/d production, making it the third-largest Canadian oil and natural gas producer. it would also be the second-largest Canadian-based refiner and upgrader with total North American upgrading and refining capacity of ~660K boe/d. Coronavirus surge, elusive stimulus deal U.S. stock index futures are starting the week on the backfoot, falling nearly 1% overnight, as the nation reported a record of more than 83,000 new COVID infections on both Friday and Saturday. "We're not going to control the pandemic. We are going to control the fact that we get vaccines, therapeutics and other mitigation areas," White House Chief of Staff Mark Meadows told CNN's State of the Union program. Meadows and Nancy Pelosi also accused each other of "moving the goalposts" on stimulus legislation in back-to-back interviews, dimming chances a deal could be reached before Election Day. Vaccine trials The COVID-19 vaccine being developed by the University of Oxford and AstraZeneca (NASDAQ:AZN) produces a robust antibody and T-cell immune response in elderly people, the group at highest risk, FT reports. While details of the finding are expected to be published shortly in a clinical journal, sources cautioned that positive immunogenicity tests do not guarantee that the vaccine will ultimately prove safe and effective in older people. AstraZeneca resumed the U.S. trial of its experimental vaccine on Friday after a pause due to safety concerns, while Johnson & Johnson (NYSE:JNJ) also restarted trials, saying the first batches of its shot could be available in January. Farm purchases under China trade deal "China has purchased approximately 71% of its farm purchases target for 2020," according to an interim report on agricultural trade from the U.S. Trade Representative. "They have purchased $23.6B in agricultural products so far this year, substantially more than the base year of 2017, and should end up being our best year ever in sales to China. It is worth noting that the Phase One Agreement did not go into effect until February 14, 2020, and March is the first full month of its effect... We already are on pace to have all-time high sales to China in beef, pork, corn, and soybeans." Go Deeper: Some are questioning the figures and the timeline. California blackouts PG&E (NYSE:PCG) is pre-emptively cutting power again in northern California, affecting 386,000 homes and businesses in 38 counties, or nearly 1M people. It's the fourth times this year the state’s largest utility had to shut off electricity due to high winds and extreme wildfire danger, which could spark blazes if live wires topple into dry brush. Utilities in Southern California, like Southern California Edison (NYSE:EIX), are also warning of potential blackouts. Potential election chaos As the threat of election-related unrest escalates in the U.S., Facebook (NASDAQ:FB) said it would implement emergency measures reserved for "at-risk" countries to bring down the online temperature. The social media giant plans to limit the "spread of viral content" and lower the bar for "suppressing potentially inflammatory posts" using internal tools previously deployed in Sri Lanka and Myanmar, WSJ reports. The tools would only be used in the event of election-related violence or other serious circumstances, though some employees are concerned it could slow down viral content and unintentionally hide legitimate political discussions. Go Deeper: Facebook will ban U.S. political ads indefinitely after November 3. Samsung chairman and icon dies A chapter has closed for the Samsung conglomerate following the death of Lee Kun-hee, who transformed the South Korean appliance maker into the world's biggest producer of smartphones, TVs and memory chips. He had been incapacitated for years following a 2014 stroke, leaving day-to-day operations to his son, Lee Jae-yong, who goes by Jay Y. in the West. While Lee spends about 95% of his time focused on Samsung Electronics (OTC:SSNLF), the conglomerate's most valuable arm, he formally takes the reins with Samsung on the defensive and struggling to evolve within the tech industry. What else is happening... SAP (NYSE:SAP) tumbles 18% premarket after slashing revenue forecast. Coca-Cola (NYSE:KO) steps away from bottling in Australia. Chinese policymakers discuss new five-year development plan. Airbnb (AIRB) approves private share split ahead of IPO. American (NASDAQ:AAL) plans PR events before 737 MAX (NYSE:BA) takes to the skies. AT&T (NYSE:T) job cuts at historical levels; CNN's Zucker may be on the block. Today's Markets In Asia, Japan -0.1%. Hong Kong +0.5%. China -0.8%. India -1.3%. In Europe, at midday, London -0.2%. Paris -0.6%. Frankfurt -2.1%. Futures at 6:20, Dow -0.9%. S&P -0.9%. Nasdaq -0.9%. Crude -2.5% to $38.85. Gold -0.2% at $1902.40. Bitcoin +0.6% to $13099. Ten-year Treasury Yield -3 bps to 0.81% Today's Economic Calendar 8:30 Chicago Fed National Activity Index 10:00 New Home Sales 10:30 Dallas Fed Manufacturing Survey
Nikola in the spotlight after founder resigns Nikola (NASDAQ:NKLA) shares tumbled 30% in premarket trade after founder Trevor Milton stepped down as executive chairman and member of the company's board, adding that he would defend himself against "false allegations leveled by outside detractors." The resignation comes in the wake of claims made by short-seller Hindenburg Research, who described Nikola as a "an intricate fraud built on dozens of lies," as well as reported SEC and DOJ investigations into the company. The news could also spell trouble for General Motors (NYSE:GM), which recently took an 11% stake in Nikola and said it would produce its marquee hydrogen fuel cell electric pickup truck called the Badger. More pain for stocks Things aren't looking brighter for U.S. equities following Wall Street's third straight weekly decline, with Dow futures down 2.1% and contracts tied to the S&P 500 and Nasdaq off 1.9%. Little progress has been made on a new coronavirus stimulus package as Republicans and Democrats remain at an impasse, while the negotiations could become even more complicated following the death of Supreme Court Justice Ruth Bader Ginsburg. Investors also appear worried that a global recovery could be hampered by a rise in coronavirus infections, especially with no vaccine breakthrough yet. Oracle deal for TikTok scores Trump's 'blessing' Oracle (NYSE:ORCL) has reached a deal with China's ByteDance (BDNCE) to host video-sharing app TikTok and take a minority stake in the company along with Walmart (NYSE:WMT). "I have given the deal my blessing,” President Trump declared, adding that new unit TikTok Global would create more than 25,000 new jobs in the U.S. and pay more than $5B in new tax dollars to the Treasury. Meanwhile, Tencent's (OTCPK:TCEHY) WeChat is set to remain operating in the U.S. after a federal judge issued an injunction against Trump's executive order that would have banned the Chinese social media app. Musk rallies the troops before 'Battery Day' "We have a shot at a record quarter for vehicle deliveries, but will have to rally hard to achieve it," said Tesla's (NASDAQ:TSLA) Elon Musk in an internal email entitled 'All hands on deck!' Tesla hopes to deliver half a million vehicles in 2020, and has delivered roughly 179,000 through the first half. The letter also comes ahead of the company's annual shareholder meeting tomorrow and its first-ever highly anticipated "Battery Day" for investors. Energy transition Shell (RDS.A, RDS.B) is jumping on the bandwagon of its European rivals BP (NYSE:BP) and Eni (NYSE:E), which have both announced plans to reduce their focus on oil and gas in the coming decade. Sources tell Reuters that the oil major is looking to slash up to 40% off the cost of producing oil and gas so it can overhaul its business and focus more on renewable energy and power markets. Shell's new cost-cutting review, known internally as Project Reshape and expected to be completed this year, will affect its three main divisions and any savings will come on top of a $4B target set in the wake of the COVID-19 crisis. HBO outpaces Netflix at the Emmys HBO (NYSE:T) once again held off Netflix (NASDAQ:NFLX) in this year's Emmy race, taking home 30 trophies including 11 for dystopian drama Watchmen, which was the night's biggest winner. HBO's media family saga Succession also had a strong showing, as well as the final season of Schitt's Creek and Disney's (NYSE:DIS) The Mandalorian. The dogfight between HBO and Netflix, which scored 21 wins, is part of a much larger trend in the TV awards circuit: subscription-based platforms are creating more Emmy Award winning content. Suspicious transactions Deutsche Bank (NYSE:DB) appears to have facilitated more than half of the leaked $2T of suspicious transactions that were flagged to the U.S. government over nearly two decades, according to Deutsche Welle, though the lender said the incidents "have already been investigated and led to regulatory resolutions." Shares of HSBC (NYSE:HSBC) and Standard Chartered (OTCPK:SCBFF) fell on the suspicious fund movement, as well as JPMorgan (NYSE:JPM), BNY Mellon (NYSE:BK) and Barclays (NYSE:BCS), which were also named in the report. Financial firms are required by law to alert FinCEN (the U.S. Treasury’s Financial Crimes Enforcement Network) when they detect activities like money laundering and sanctions violations, though such filings are not necessarily evidence of criminal misconduct. DB -8% premarket. What else is happening... Garrett Motion (NYSE:GTX) files for bankruptcy with $2.1B KPS offer. Walmart (WMT) widens fashion focus with new private clothing label. Different efficacy bars in Moderna (NASDAQ:MRNA) and Pfizer (NYSE:PFE) COVID-19 trials. Movies still face Catch-22, needing both viewers and blockbusters to return. United (NASDAQ:UAL) the latest airline to press for more relief. Today's Markets In Asia, Japan +0.2%. Hong Kong -2.1%. China -0.6%. India -2.1%. In Europe, at midday, London -3.4%. Paris -3.2%. Frankfurt -3.2%. Futures at 6:20, Dow -2.1%. S&P -1.9%. Nasdaq -1.9%. Crude -2.3% to $40.37. Gold -1.3% to $1937.60. Bitcoin -2.1% to $10734. Ten-year Treasury Yield -3 bps to 0.66% Today's Economic Calendar 8:30 Chicago Fed National Activity Index 6:00 PM Fed's Williams Speech 6:00 PM Fed's Kaplan Speech
Stocks are set to end the week on a high note after four of the biggest tech stocks - Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB) and Alphabet (GOOG, GOOGL) - reported quarterly results that beat high expectations. Apple easily exceeded estimates on the top and bottom lines, and announced a four-for-one stock split, sending shares past the $400 threshold in after-hours trading. Amazon's sales soared, and operating income nearly doubled compared with the big drop analysts had expected. Facebook posted 11% revenue growth and issued stronger-than-expected sales guidance for the current quarter. Results from Google's parent were a bit murkier, showing the company's first-ever year-over-year decline in advertising revenue, but sales from its cloud-computing segment came in well above expectations. Big Tech has been Wall Street's mainstay this year, and the latest quarterly results look to accelerate that trend. Amazon and Apple are up 65% and 31%, respectively, in 2020, while Facebook and Alphabet each have gained more than 14% over the period. With all four stocks moving higher in after-hours trading, the tech titans likely will add more than $200 billion to their combined market value. U.S. economy shrank by a third in Q2 The Commerce Department said U.S. gross domestic product collapsed at a 32.9% annualized rate in the second quarter, the steepest decline since the government started keeping records in 1947, as COVID-19 crushed consumer and business spending. Meanwhile, in a sign of a faltering jobs market, the number of workers applying for initial unemployment benefits rose for the second straight week, to 1.43 million, after nearly four months of decreases following a late-March peak. The Q2 economic contraction came as states imposed lockdowns in March and April to contain the coronavirus and then lifted restrictions in May and June, allowing growth to resume. Economists expect the third quarter to show growth, but the summer rise in infections likely will temper gains. Senate fails to advance jobless benefits extension Meanwhile, no signs of progress are evident in talks between Republicans and Democrats over a new coronavirus relief bill. The U.S. Senate failed yesterday to advance an effort to extend a $200 per week supplement to unemployment insurance benefits. Senate Republicans and the White House had sought to cut the supplement from $600 through September, after which those collecting unemployment benefits would get 70% of their previous wages when combined with state benefits. While much of the focus has been on the expiration of the additional $600-per-week of unemployment benefits, an eviction moratorium is receiving increasing attention as well. China factory activity expands for fifth straight month China’s official manufacturing purchasing managers' index came in better than expected, rising to 51.1 in July from 50.9 in June for its highest reading since March. July marked the fifth consecutive month that the closely watched measure of China's factory activity topped the 50 mark that separates expansion from contraction. Combined with China's official non-manufacturing purchasing managers' index, which indicated a slight deceleration in the service sector, the data suggests China's factories have returned to pre-coronavirus levels but consumer demand remains much weaker, which means inventory is piling up. Chinese-backed hackers reportedly targeted Moderna for vaccine data China rejects charges that hackers linked to its government targeted Moderna (NASDAQ:MRNA) to steal data related to research on a coronavirus vaccine. Citing an unnamed U.S. security official, Reuters reported yesterday that Chinese hackers targeted the U.S. biotech firm earlier this year. Moderna said it had been in contact with the FBI and was made aware of the suspected "information reconnaissance activities" by a hacking group mentioned in last week's Justice Department indictment, where two Chinese nationals were accused of spying on the U.S., including three unnamed U.S.-based targets involved in medical research to fight COVID-19. The two other unnamed medical research companies mentioned in the Justice Department indictment are described as biotech companies based in California and Maryland - descriptions that could fit Gilead Sciences (NASDAQ:GILD) and Novavax (NASDAQ:NVAX). Go deeper: J&J (NYSE:JNJ) COVID-19 vaccine candidate shows positive effect in primate study. Amazon's $10 billion Internet satellite plan wins FCC approval While overshadowed by the company's earnings, Amazon.com's (AMZN) tech ambitions got a boost as the FCC approved its $10B plan to put thousands of satellites in the sky to provide high-speed Internet to unserved and underserved areas. The company's Project Kuiper - using 3,200 low Earth orbit satellites - would compete in that area with the Starlink project at SpaceX (SPACE). Australia to force Google, Facebook to pay for news Australia will become the first country in the world to force Facebook (FB) and Google (GOOG, GOOGL) to pay publishers for the news content featured on its sites. It will give the companies three months to negotiate fair pay with media businesses there, a move to ensure competition and consumer protection as well as a sustainable media landscape. Other companies are likely to be targeted for similar moves by Australia's government later. U.K. fraud office charges Airbus subsidiary over Saudi deal The U.K.'s major economic crimes investigator has charged Airbus' (OTCPK:EADSY) subsidiary GPT Special Project Management and three individuals in connection with a defense contract the country arranged with Saudi Arabia. Airbus says the Serious Fraud Office's investigation related to contractual arrangements that predated its acquisition of the subsidiary. The charges represent a step forward in one of the SFO's most politically sensitive probes, which has been viewed as a potential threat to the U.K.'s relationship with the Saudis. Go deeper: Airbus works to slow cash burn, puts brakes on production. What else is happening... Walmart (NYSE:WMT) memo points to cutting jobs in 'streamlining.' Facebook (FB) finally securing rights to show music videos. Twitter (NYSE:TWTR) account breach involved phone-based phishing attacks on employees. Thursday's Key Earnings Apple (AAPL) +6.3% PM on strong earnings, stock split. Amazon (AMZN) +5.5% PM on strong Q2 earnings, Q3 guidance. Alphabet (NASDAQ:GOOG) flat PM after soft ad revenue. Facebook (FB) +5.9 PM on strong earnings, user growth. Ford Motor (NYSE:F) +2.5% PM despite seeing weak FY demand. Gilead Sciences (GILD) -3.6% PM as pandemic disrupts earnings. US Steel (NYSE:X) flat PM after Q2 loss, upbeat Q3 guidance. Electronic Arts (NASDAQ:EA) flat PM after Q2 beat, better-than-expected FY guidance. LTC Properties (NYSE:LTC) -3.2% AH as Q2 rental revenue takes a hit. Xilinx (NASDAQ:XLNX) -2.7% PM on in-line Q2, outlook. Stryker (NYSE:SYK) -2.8% AH despite Q2 beat. Vertex Pharmaceuticals (NASDAQ:VRTX) +1% AH on robust Q2 Trikafta sales. OPKO Health (NASDAQ:OPK) -6% PM after healthy Q2 earnings. Atlassian (NASDAQ:TEAM) -7% PM on FQ4 customer weakness, downside EPS forecast. Exact Sciences (NASDAQ:EXAS) -3% AH on pandemic disrupting Q2 revenue. Expedia (NASDAQ:EXPE) -6% PM after massive Q2 bookings dip. Seattle Genetics (NASDAQ:SGEN) -2% AH despite Q2 beat. Cabot Oil & Gas (NYSE:COG) flat PM after Q2 beat, unchanged guidance. XPO Logistics (NYSE:XPO) -4% AH on weak Q2 shipping metrics. Shake Shack (NYSE:SHAK) -4.8% AH on Q2 miss, pulled Q3 guidance. Today's Markets In Asia, Japan -2.82%. Hong Kong -0.47%. China +0.71%. India -0.26%. In Europe, at midday, London -0.17%. Paris +0.01%. Frankfurt +0.27%. Futures at 6:20, Dow +0.13%. S&P +0.19%. Nasdaq +0.84%. Crude +0.45% to $40.05. Gold +1.48% to $1,995.90. Bitcoin +1.83% to $11,161. Ten-year Treasury Yield -1.3 bps to 0.53% Today's Economic Calendar 8:30 Personal Income and Outlays 8:30 Employment Cost Index 9:45 Chicago PMI 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count 3:00 PM Farm Prices
The best DApps, which will likely lead the next phase.
Author: Gamals Ahmed, Business Ambassador https://images.app.goo.gl/2c9rF5ZqfbjBzb2x6 One of the key themes in 2020 is the rise of decentralized financing (DeFi), a new type of financing that works on decentralized protocols and without the need for financial intermediaries. Lately, the number of DeFi apps has increased significantly, but many have not been seen or heard by many of us. In this Article I will be building a list of the best DApps, which will likely lead the next phase. DeFi apps can be categorized into different subcategories such as:
And much more… Note: Some of the projects in the report categorized into more than one section in the types of dApps. The rise of DeFi Bitcoin (BTC) was the first implementation of decentralized financing. It enabled individuals to conduct financial transactions with other individuals without the need for a financial intermediary in the digital age. Bitcoin and similar cryptocurrencies were the first wave of DeFi. The second wave of DeFi was enabled by Ethereum blockchain which added another layer of programmability to the blockchain. Now, at the beginning of 2020, individuals and companies can borrow, lend, trade, invest, exchange and store crypto assets in an unreliable way. In 2020, we can expect the amount of money held in lending protocols to increase as long-term investors diversify into interest-bearing offers, especially if the market fails to rise towards the 2017/18 highs. On the other hand, active crypto traders are becoming increasingly interested in decentralized trading offers. The increasing level of money security offered by decentralized trading platforms should not only see an increase in trading of DApp users, but also in the number of non-custodial trading and exchange platforms available. Lending: DeFi allows anyone to obtain or provide a loan without third party approval. The vast majority of lending products use common cryptocurrencies such as Ether ($ ETH) to secure outstanding loans through over-collateral. Thanks to the emergence of smart contracts, maintenance margins and interest rates can be programmed directly into a borrowing agreement with liquidations occurring automatically if the account balance falls below the specified collateral. The relative benefit gained from supplying different cryptocurrencies is different for the asset and the underlying platform used.
Source: https://images.app.goo.gl/SGttwo4JWadHTxYe7 Compound is a money market protocol on the Ethereum blockchain — allowing individuals, institutions, and applications to frictionlessly earn interest on or borrow cryptographic assets without having to negotiate with a counterparty or peer. Each market has a dynamic borrowing interest rate, which floats in real-time as market conditions adjust. Compound focuses on allowing borrowers to take out loans and lenders to provide loans by locking their crypto assets into the protocol. The interest rates paid and received by borrowers and lenders are determined by the supply and demand of each crypto asset. Interest rates are generated with every block mined. Loans can be paid back and locked assets can be withdrawn at any time. While DeFi may seem overwhelming complex to the average individual, Compound prides itself on building a product that is digestible for users of all backgrounds. Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Built on top of that principle is cTokens, Compound’s native token that allows users to earn interest on their money while also being able to transfer, trade, and use that money in other applications. OVERVIEW ABOUT COMPOUND PROTOCOL Compound Finance is a San Francisco based company, which raised an $8.2 M seed round in May of 2018, and a $25M Series A round in November of 2019. Financing rounds were lead by industry giants including but not limited to Andressen Horowitz, Polychain Capital, Coinbase Ventures and Bain Capital Ventures, Compound Finance is a sector-leading lending protocol enabling users to lend and borrow popular cryptocurrencies like Ether, Dai and Tether. Compound leverages audited smart contracts responsible for the storage, management, and facilitation of all pooled capital. Users connect to Compound through web3 wallets like MetaMask with all positions being tracked using interest-earning tokens called cTokens. Compound recently introduced a governance token — COMP. It holds no economic benefits and is solely used to vote on protocol proposals. The distribution of COMP has absolutely exceeded expectations on all fronts. Compound is now the leading DeFi protocol both in terms of Total Value Locked and in terms of COMP’s marketcap relative to other DeFi tokens. COMP was recently listed on Coinbase — the leading US cryptocurrency exchange and has seen strong interest from dozens of other exchanges including futures platforms like FTX. Compound’s new governance system is well underway, with close to close to 10 proposals being passed since it’s launch. What’s unique about COMP’s governance model is that tokenholders can delegate their tokens to an address of their choice. Only those who hold more than 1% of the supply can make new proposals. Besides earning interest on your crypto assets, which is a straightforward process of depositing crypto assets on the platform and receiving cTokens, you can also borrow crypto on Compound. Borrowing crypto assets has the added step of making sure the value of your collateral stays above a minimum amount relative to your loan. Compound and DeFi more broadly wants to help people have more access and control over the money they earn and save. While the project has had its criticisms, the long-term goal of Compound has always been to become fully decentralized over time. The Compound team currently manages the protocol, but they plan to eventually transfer all authority over to a Decentralized Autonomous Organization (DAO) governed by the Compound community. For following the project: Website:https://compound.finance/ Medium:https://medium.com/compound-finance Github:https://github.com/compound-finance/compound-protocol DEXs: Decentralized exchanges allow users to switch their assets without the need to transfer custody of basic collateral. DEXs aim to provide unreliable and interoperable trading across a wide range of trading pairs.
Source: https://images.app.goo.gl/sFCUhrgVwvs9ZJEP6 Kyber is a blockchain-based liquidity protocol that allows decentralized token swaps to be integrated into any application, enabling value exchange to be performed seamlessly between all parties in the ecosystem. Using this protocol, developers can build innovative payment flows and applications, including instant token swap services, ERC20 payments, and financial DApps helping to build a world where any token is usable anywhere. Kyber’s ecosystem is growing rapidly. In about a month, the team got an investment and partnered with some of the best projects. ParaFi Capital, a blockchain-focused investment company, has made a strategic purchase of KNC codes. The company will assist the DeFi project by qualifying new clients and improving professional market manufacture. The project’s recent partnerships seem impressive. Includes Chainlink, Chicago DeFi Alliance, and Digifox Wallet. An important DeFi integration was also made with MakerDAO. KNC can now be used as a DAI warranty. The project has reached a milestone worth $ 1 billion of total turnover since its inception. More importantly, volume on an annual basis is moving and accelerating from $ 70 million in the first year to more than $ 600 million in 2020. Recently five million KNC (about 2.4% of total supply) were burned, improving Kyber’s supply and demand ratio. In July, the Kyber network witnessed a Katalyst upgrade that will improve governance, signature, delegation and structural improvements. When Katalyst hits the main network, users will be able to either vote directly or delegate tokens to shareholder groups led by either companies like Stake Capital or community members. The KNC used to vote is burned, and in turn, voters get ETH as a reward. This setting creates a model for staking an uncommon contraction for the Kyber network. KyberDAO will facilitate chain governance, like many other projects based on Ethereum. An interesting partnership with xToken has been set up to help less-participating users stake out via xKNC. xKNC automatically makes specific voting decisions, making it easier for users to join and enjoy the return. The pool was created to draw BTC to Curve. Users who do this are eligible for returns in SNX, REN, CRV, and BAL. The more BTC lock on Synthetix, the more liquid it becomes, and the more attractive it is for traders. The project plans to continue expanding its products and move towards more decentralization. Synthetix futures are scheduled to appear on the exchange within a few months. The initial leverage is expected to be 10 to 20 times. The team aims to neglect its central oracle and replace it with one from Chainlink during the second stage of the migration. This will significantly increase the decentralization and flexibility of the platform. For following the project: Website:https://kyber.network/ Medium:https://blog.kyber.network/ Github:https://github.com/kybernetwork Derivatives: In traditional finance, a derivative represents a contract where the value is derived from an agreement based on the performance of an underlying asset. There are four main types of derivative contracts: futures, forwards, options, and swaps.
Source: https://images.app.goo.gl/1UsxQ7a3M5veb5sC7 Synthetix is a decentralized artificial asset issuance protocol based on Ethereum. These synthetic assets are guaranteed by the Synthetix Network (SNX) code which enables, upon conclusion of the contract, the release of Synths. This combined collateral model allows users to make transfers between Compound directly with the smart contract, avoiding the need for counterparties. This mechanism solves DEX’s liquidity and sliding issues. Synthetix currently supports artificial banknotes, cryptocurrencies (long and short) and commodities. SNX holders are encouraged to share their tokens as part of their proportionate percentage of activity fees are paid on Synthetix.Exchange, based on their contribution to the network. It contains three DApp applications for trading, signature and analysis: Exchange (Synths at no cost). Mintr (SNX lock for tuning and fee collection). Synthetix Network Token is a great platform in the ethereum ecosystem that leverages blockchain technology to help bridge the gap between the often mysterious cryptocurrency world and the more realistic world of traditional assets. That is, on the Synthetix network, there are Synths, which are artificial assets that provide exposure to assets such as gold, bitcoin, US dollars, and various stocks such as Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL). The whole idea of these artificial assets is to create shared assets where users benefit from exposure to the assets, without actually owning the asset. It is a very unique idea, and a promising project in the ethereum landscape. Since it helps bridge the gap between cryptocurrencies and traditional assets, it creates a level of familiarity and value that is often lost in the assets of other digital currencies. This will make Synthetix take his seat in the next stage. On June 15, BitGo announced support for SNX and on June 19, Synthetix announced via blog post that Synthetix, Curve, and Ren “collaborated to launch a new stimulus group to provide liquidity for premium bitcoin on Ethereum”, and said the goal was to “create the most liquid Ethereum — the BTC-based suite available to provide traders with the lowest slippage” In trade between sBTC, renBTC and WBTC. “ For following the project: Website:https://www.synthetix.io/ Blog:https://blog.synthetix.io/ Github:https://github.com/Synthetixio Wallets: Wallets are a crucial gateway for interacting with DeFi products. While they commonly vary in their underlying product and asset support, across the board we’ve seen drastic improvements in usability and access thanks to the growing DeFi narrative.
Source: https://images.app.goo.gl/mYPaWecFfwRqnUTx6 It is the startup for consumer game-changing financial technology, which makes decentralized web access safer and easier. The company has built a smart and easy-to-use mobile wallet for Ethereum, which gives users the ability to easily retrieve their encrypted currencies on the go. Argent Benefits:
Only you control your assets
Explore DeFi with one click
Easily retrieve and close your wallet
The wallet pays gas for in-app features, for example Compound and Maker
The Argent crypto wallet simplifies the process without sacrificing security. It is a type of wallet that allows you to keep cryptographic keys while keeping things simple. The Argent wallet is secured by something called the Guardians. If you lose your phone (and your Argent wallet), just contact your guardians to confirm your identity. Then you can get all your money back on another device. It is a simple and intuitive method that can make cryptocurrency manipulation easier to do without experience. Argent is focused on the Ethereum blockchain and plans to support everything Ethereum has to offer. Of course, you can send and receive ETH. The startup wants to hide the complexity on this front, as it covers transaction fees (gas) for you and gives you usernames. This way, you don’t have to set a transaction fee to make sure it expires. Insurance cooperative Nexus Mutual and Argent Portfolio Provider are planning to offer a range of smart and insurance contracts to keep Argent user money safe from hackers. First, the smart contract is designed to prevent thieves from draining the wallet by temporarily freezing transfers above the daily spending limit for addresses not listed in the user’s whitelist. The user has 24 hours to cancel the frozen transfer — very similar to the bank’s intervention and prevent fraud on the card or similar suspicious activities in the account. By contrast, the default coding state is closer to criticism: once it disappears, it disappears. “We are thinking not only of crypto users but also new users — so the ultimate goal is to duplicate what they get from their bank,” said Itamar Lisuis, one of the founders of Argent. For following the project: Website:https://www.argent.xyz/ Medium:https://medium.com/argenthq Github:https://github.com/argentlabs/ Asset Management: With such a vast amount of DeFi products, it’s crucial that tools are in place to better track and manage assets. In line with the permissionless nature of the wider DeFi ecosystem, these assets management projects provide users with the ability to seamlessly track their balances across various tokens, products and services in an intuitive fashion.
Source: https://images.app.goo.gl/VP9Xwih6VQ1Zmv2E9 It is a smart wallet for DeFi that allows users to seamlessly manage multiple DeFi applications to maximize returns across different protocols in a fraction of the time. With InstaDapp, users can take advantage of industry-leading projects like Compound, MakerDAO and Uniswap in one easy-to-use portal. Instadapp currently supports dapps MakerDAO and Compound DeFi, allowing users to add collateral, borrow, redeem and redeem their collateral on each dapp, as well as refinance debt positions between the two. In addition to its ease of use, InstaDapp also adds additional benefits and use cases for supported projects that are not already supported. The project focuses on making DeFi easier for non-technical users by maintaining a decentralized spirit while stripping many of the confusing terms that many products bring with them. InstaDapp has launched a one-click and one-transaction solution that allows users to quadruple the COMP Codes they can earn from using quadruple borrowing and lending. A good timing feature for sure, but this kind of simplification is exactly why Instadapp was created. Its goal is to create a simple interface into multiple DeFi applications running on the Ethereum Blockchain and then automate complex interactions in a way that enables users to maximize their profits while reducing transactions and Ethereum gas charges. To use Instadapp you will need Ethereum wallet and you will also have to create what is called Instadapp smart wallet in which token you want to use. For following the project: Website:https://instadapp.io/ Medium:https://medium.com/instadapp Github:https://github.com/instadapp Savings: There are a select few DeFi projects which offer unique and novel ways to earn a return by saving cryptocurrencies. This differs from lending as there is no borrower on the other side of the table.
Source: https://images.app.goo.gl/4JhfFNxPfE9oxoqV6 Dharma is an easy-to-use layer above the compound protocol. It introduces new and non-technical users to transaction encryption and allows them to easily borrow or lend in DeFi markets and earn interest in stable currencies. You can start by simply using a debit card. Funds are kept in a non-portfolio portfolio, which constantly earns interest on all of your deposited assets. The value of Dharma’s DeFi lending experience is:
Depositing and withdrawing banknotes.
Dharma, the prominent DeFi cryptobank bank, has made it extremely easy to bring any Twitter user into the crypto world. Dharma users can send money from the Dharma app by searching for any Twitter handle, setting the required amount, and clicking on one button. The Twitter Dharma Bot account can send a unique notification with a link to download the Dharma mobile app. Senders are encouraged to retweet the notification to ensure that the receiver does not lose it. To raise money, recipients simply download the Dharma app. After creating a Dharma account, users connect their Twitter account to receive access to the money sent. They can choose to transfer money to US dollars and withdraw to a bank account, or leave DAI in a Dharma account where it will earn interest like all Dharma deposits. The submitted DAI will gain interest even before the receiving user requests it while waiting for the claim. In her ad, Dharma demonstrated a number of ways in which the new social payments feature can be used, including tips for your favorite Twitter personalities, accepting payments for goods or services in a very clear way, charitable donations across borders or transfer payments. The Dharma app is available for both Android and iOS. Dharma and Compound Dharma generates interest by DAI signing the Compound Protocol. Dharma also appeared in the news recently after the release of a specification outlining a Layer 2 expansion solution allowing the platform to expand to handle current transaction volume 10x, ensuring users can transfer their money quickly even in times of heavy congestion on the Ethereum network. Dharma is developing its “core” and “underwriting” contracts within the company. Underwriting contracts are open source and non-custodian, while each loan contract is closed source. This means that the receiving address contains nodes that interact with a script on a central Dharma server.For following the project: Website:https://dharma.io/ Medium:https://medium.com/dharma-blog Github:https://github.com/dharmaprotocol Insurance: Decentralized insurance protocols allow users to take out policies on smart contracts, funds, or any other cryptocurrencies through pooled funds and reserves.
Source: https://images.app.goo.gl/b7HwB8ifvTXwFhrh6 Nexus Mutual uses blockchain technology to return mutual values to insurance by creating consistent incentives with the smart contract symbol on the Ethereum blockchain. It is built on the Ethchaum blockchain and uses a modular system to aggregate smart Ethereum nodes, allowing to upgrade the system’s logical components without affecting other components. The way Nexus works is members of the mutual association by purchasing NXM codes that allow them to participate in the decentralized independent organization (DAO). All decisions are voted on by members, who are motivated to pay real claims. It sees plenty of opportunities in a gradual transition of Ethereum to Eth 2.0, which is expected to start later this year. Eth 2.0 moves the network from the power-hungry Proof-of-Consensus (PoW) algorithm to Proof-of-Stake (PoS), a way to sign cryptocurrency in order to keep the network afloat. Having a steady return on signature from the Ether (ETH) can be somewhat compared to the way in which insurance companies invest in the real world the premiums they collect. By setting a strong set of conditions for Nexus Mutual, anyone will be able to bring in and acquire a new form of risk for mutual coverage — assuming that members are willing to share NXM. With this design, the mutual discretion will be able to expand into much broader fields beyond smart contracts. In addition to defining multi-layered term agreements, Nexus Mutual also has some other advantages needed to achieve this visualization. For following the project: Website:https://nexusmutual.io/ Medium:https://medium.com/nexus-mutual Github:https://github.com/NexusMutual Disclaimer: This report is a study of what is happening in the market at the present time and we do not support or promote any of the mentioned projects or cryptocurrencies. Any descriptions of the jobs and services provided are for information only. We are not responsible for any loss of funds or other damages caused. Resources: https://compound.finance/ https://kyber.network/ https://instadapp.io/ https://www.synthetix.io/ https://www.argent.xyz/ https://dharma.io/ https://nexusmutual.io/
I was 23 and had it all! A great job, had purchased my mother a house and was on the mortgage, a girlfriend of 2 years, we were saving for a house and on the verge of getting engaged. Then my addiction kicked in. I don't know what triggered it, it just happened. Started small and gradually got worse. It all started with sports betting, I'd occasionally bet on the football just for fun the odd accumulator here and there. In my role at the time gambling was a huge part of the culture, so many of the guys were doing it. Have a feeling this may be what contributed to my problem. Addiction 1 - Sports Betting Anyway, it escalated from football onto tennis. I was literally betting on who was going to win the next serve or game! This is what got me hooked. One night I managed to turn £200 into £1,500... and proceeded to lose the lot the very next morning. Just didn't know when to stop! This got worse and worse, and I ended up betting in excess of £100 per point. In the end I had this feeling the games were fixed! There was a pattern where the favourite would lose the first game, be on the verge of losing the second or third and then all of a sudden make a sudden comeback and win when the odds were all against them. It was a game involving John Isner. I'll never forget it, at the time I was about £7k in debt, with £1.5k in my betting account. John Isner was on the verge of losing, but he was breaking every serve in the match at odds of 7/1. I started betting on him breaking the serve, turned £1.5k into over £12k... I was over the moon. Withdrew £11k, left £1k in the account and thought I was clear. This was not the end. I lost and proceeded to eat into the £11k. From that point onwards I was well and truly addicted, 11 months later I had a mental breakdown in front of my girlfriend and parents. £40k in debt but promising to them I would get out and change my life. Soon after the UK released a scheme that would allow you to self exclude from every gambling website, this successfully curbed my addiction, although I did still have a few relapses. 17 months later, November 2017. I finally had my first month's wages, I was debt free and life seemed to be back to normal. My girlfriend had stuck by me and we were starting to look for a house! Addiction 2 - Cryptocurrency All was great except one of my friends mentioned to me to buy some bitcoin it was going to boom. So in the first month I researched bitcoin like crazy... having first heard about it in 2013 I felt I simply couldn't miss out on this opportunity. I stumbled across altcoins and decided to invest in Tron. £1k, turned into £5k in under a month. My addiction triggered all over again. Bitcoin proceeded to rise to £20k from £10k, the market was bullish. Then the bitcoin crash happened and over the proceeding months it fell to £3k. During that time I was made aware of a platform called 'Bitmex'. Whereby I could leverage my original investment by upto 100x. This is what ruined my life, at one point I had three bitcoins in the account and again within two weeks they were all gone! Fastforward 9 months, September 2018. My girlfriend and I were scheduled to fly to the Chicago to drive route 66 from start to finish. I broke down again, this time in £20k worth of debt, I simply couldn't handle it. This time around my girlfriend left me, I understand and had been expecting it... who would want to waste their life with an addict that simply didn't seem to want to help himself? My parents were on the verge of disowning me, this was what I thought was going to be my lowest. My parents decided to help me, they took control of my finances. Got new loans out to pay for the mess I had created, and this is the part that kills me. I betrayed my own parents in order to continue with my addiction. At the end of it all upto £50k in debt, all thanks to Bitmex. It killed me, I couldn't self exclude and the company simply refused to do anything about it. I felt helpless to this brain draining addiction. No idea how but I kicked the habit over time. In March 2019 I moved out of the family home I helped to purchase and moved 5 hours north for a new job, in a new town. We had a plan, I was throwing every single penny I had at the debt. It was slowly going down and I was happy! Addiction 3 - stocks and shares At this point I had my own allowance to live on. Instead of living a normal life I saved every penny, lived off the cheapest of microwave meals and was putting everything into my share portfolio. I was investing in cryptocurrency with low leverge and doing well, this is what I knew! Then, news broke that Thomas Cook was going bust. I thought that there's no way the government would let such a large company go into administration. I had a friend that worked there in the accounts department, decided to reach out to him. He gave me information that the company was set to be recovered and they had nothing to worry about. I invested at the lowest of prices! HE WAS WRONG. I proceeeded to lose my entire portfolio on this one mistake. For over 6 months I had put everything into this portfolio which amassed to just over £6k. September 2019. This crippled me, I was addicted again. I proceeded to take out loans and max credit cards in order to get my portfolio back. I then decided to short WHSmith as it was at it's all time high. It rose and rose, I closed my position losing over £3k. This was over the course of three months and in that time I got a new job and moved home. Christmas once again, can't buy my family presents as I've no money. Life sucked, I didn't know what to do - there was nothing I could do! Fastforward to March 2020. I'm now in £37k worth of debt, my parents know about £31k of it. Coronavirus is really starting to affect the world. Little did I know it would rock the stock market so much. I discovered oil, a reasonable price of $32. It had just crashed from $50. I thought surely it can't go any lower. It could... I lost my entire portfolio, then took out my final £4k loan. Proceeded to lose the lot in oil. By this time oil was priced as low as $7. I scrambled to throw my last £100 at the account. It bounced right as I bought at around $8. Upto $16... all the way up I kept closing and reopening. Within 8/9 hours my account had a balance of £24k. Yes!! I could pay off all of my hidden debt, give my Mum £10k to pay off that and I'd be left in debt of circa £20k. I withdrew £2.5k and left the balance ready to withdraw the next day. The next morning I went to work. Normal as can be, nothing invested just £20k sitting there. I made the mistake of investing more in oil. I got greedy! £15k... £21k... £15k... £10k... £4.8k... £6k... £3k... £2.2k... gone. Just like that, the entire balance gone. I was devastated. My last £2.5k in the bank, deposited... gone. Wages, deposited... gone. Sold my laptop, deposited... gone. Addiction is real the worst thing you can do is to make a big gain... what follows is often devastating and life destroying. I'm now in £42k worth of debt. Have admitted everything to my parents and am now working my way out of this mess. I will work towards a risk free life, a life where I'm not part of any get rich quick schemes. A life where I just work hard, live normally and love myself for who I am. I've lost money, a partner and a lot of sleep over the last few years. There's one thing I'll never get back, TIME. I'm now on a journey to find myself, kick these awful habits and get my life back on track. I'm now 26, have 17 months left of my debt sentence and this has been my three year hell.
I went to visit my parents this weekend, I am 21 years old (male) and my little brother is 15. Nothing really happened for the first day I was there, I spent most of my time downstairs and slept in the living room because my old room became my brothers (we used to share a room) and I wanted to respect that it was no longer my room. The second day I woke up at around 8 am, to my parents leaving for Chicago for a few hours to run errands. I decided I wanted to take my little brother to the golden coral for a breakfast buffet or something similar so we can catch up. I went to go to his room and he had already woken up and he was turning on his computer, I'm guessing to play some games before chores. Here's the thing his set up was amazing like, It looked extremely expensive, 2 monitors, a very flashy looking mouse, and keyboard, etc, in fact, his whole room just looked expensive, a really expensive hoodie on the ground. A pile of boxes of tech like AirPods, keyboards, mouses, and other assortments. It just didn't make sense how could my parents buy this for him? We aren't poor we have a very nice house but I'd expect him to have a normal entry build setup not what he had. I asked him if mom and dad played for this and he told me no they didn't. I was even more confused then, how the fuck die HE pay for this. He can't even get a job he's not 16. So I asked him exactly this and he said he sells stuff online, "what kind of stuff do you sell" "You know just stuff" I got very suspicious, I asked him if he was stealing from our parents he said no, I asked him if he was stealing in general and he said no either. I asked him a second time what he sells online and he said accounts, what kind of accounts? Instagram, Fortnite, steam, Twitter fucking I don't know he named so many websites that it was an overload, I asked how much many he was making and how he got all these accounts, he told me it was none of business, I asked him a second time and demanded he shows me. He said, "ok fuck you fine" walked over to his pc and loaded up chrome, went to a bookmarked page that he named "bitcoin wallet" (which by the way, who the fuck uses bitcoin if it's not for shady shit). The page loaded up and he shows me a transaction history that was definitely not normal for a 15 year old boy. He got 2k, sent 5 thousand, got 700 spent 400, got 6k spent 12 FUCKING THOUSAND DOLLARS I was shocked, what the fuck is he doing? I Threatened to tell mom and dad how much he's getting and he told me they knew and we're proud of me, and I'm just mad he's 15 and not a poor fuck like me and makes more money then me the told me to get the hell out of his room. I did as he asked and I'm just on my phone typing this in the living room, AITA for questioning a 15 year old boy how the fuck he's making this much money? And why my mom and dad haven't put a fucking stop to it because it had to be something illegal.
The TRUE story of yesbackpage/bedpage/ebackpage/afterdarkads and all the BP replacement pop ups written by an insider
Thisa is not an ad... I am responding to about 50 emails I got from a lot of sexworkers all over the country. 2 suggested I post the answers here. A LOT of sexworkers have lost money, been ripped off, ads deleted, and more... I am only trying to let them know what happened... I removed any actual links to sites. THis is just for sexworker information and reference. There are so many rumors and so much misinformation out there regarding all the backpage popup sites... I think its time that someone tell everyone what is REALLY going on. First, who am I and how do I know all this. I worked for backpage, I started with the village voice, and long story short, I ended up working in the alternative payment section. I left to form my own company, and have since been involved with several startups, including yesbackpage, bedpage, ebackpage and afterdarkads I started with backpage in 2011 when craigslist was still king. a $5 ad could get an escort a shit ton of calls, and you needed not much else. escorts.com was still up, and really only higher end girls and agency's were on eros. when craigslist shut down, traffic to BP jumped 10,000%... it was nuts. we lost servers, it was insane. before this it cost an avg of .25 cents to post. within a week we were at $3 in most cities. Soon after the state AG's (we called them the gang of 11) turned attention to us. There was 11 states atty generals seeking to shut us down, like they basically did craigslist. well our bosses (Dan Hyer, and ultimately Carl Ferrer) decided to fight. They were real 1st amendment libertarian types... and frankly I agree with them. I think there might of been better ways... but the REAL top guys Michael Lacey and James Larkin were fighters. IN the end this put us on the skyline, and led by Tom Dart, a sheriff in Chicago, they ended up getting the credit card processing shut down. That's when my work really started. We went through and picked a lot of accts that we "trusted" and had spent a lot with us... we secured credit card processing through dummy accounts, and let those specific accts still pay through them... but between charge-backs, and people turning us in on those accts... we would lose almost as much as we made. Hiding the accounts was really pushing legal limits... and eventually we ran out of ways to get new accounts. They couldn't handle the volume. Me and another fella I'll call "T" devised the idea to accept bitcoin. It was a slow start, and teaching sex workers how to use bitcoin was tough... but it took off. Then came backpagecredits. A strip club owner from myrtle beach heard about all this and built a website called backpagecredits.com he allowed people to buy bitcoin from him with a credit card... and the site would automatically put the bitcoin in your backpage account. This was HUGE, and we all did millions in business... it kinda saved the site... Then april 2018 came... the feds seized backpage, and that was that. We were all out of work, lot of people were going to jail. The strip club guy sold off his end of the site and went to prison for other stuff... Well I had moved overseas, so I was not subject to US law. I contacted a programmer I knew in Dhaka, Bangladesh. A real shitbag named Siddiq Khan. I did not know what a criminal POS he was then... anyway, I asked him to set up a new site, a clone of backpage. He did it. it took a few weeks, but he showed me "yesbackpage.de" (yesbackpage.com redirects to it) Our agreement was we would split it all 50/50, I knew he had worked on the programming side at backpage for a bit, and was interested in doing something together. I trusted him (mistake) I then contacted the new guys that owned backpagecredits, and brought them on as a payment processor... We then contacted ALL the old BPC customers, told them about the new site... and BOOM... it was online and running. I worked hard to market it... I hired Risa Jenner from vegas to help... it was all solid and good stuff. We gave away over $250k to old customers of backpage that lost a lot of money when it was shut down. We gave a lot to charity, we tried to help the sexworkers in the industry. We thought we were doing good work for sexworkers. Now while I was doing all this... what I didnt know was siddiq had also built ebackapge, ibackpage, onebackpage, and I dont know how many other clone sites... and every time there was a new customer on YBP, he was copying the act over to the other sites... he was taking ALL the money from the other sites... real scummy shit. He used us to grow them... stealing everything and doing a lot of shitty stuff to customers (more about that below) afterdarkads.com didnt exist yet... tryst.link was in its infancy and had not taken off... and that alligator site from Australia was too busy bashing everyone else online to promote themselves Siddiq had worked with bedpage back in the day, bedpage was a site that just knew that backpage was not gonna last forever, they actually opened long before backapge was closed... I still think it was a few other backpage employees that started it..thats how he knew all the ins and outs of these style sites... but he was fired. After talking to them, I guess Siddiq got caught fucking another dude in the break room closet... they really dont like homosexuals over there, so they kicked him out. Thats when he contacted me about starting our own site. He needed help marketing. Anyway... he was bedpage, now hes got all these other sites, and I dont know about ANY of it... the only site I knew he was affiliated with was yesbackpage and me. SO yesbackpage starts doing really good. I am spending a LOT of money marketing... and we get it to be the top result in google for sexworkers to post on... people are starting to book a lot of calls... things are good... Then siddiq finds out that he can make a lot of money posting fake ads... and directing traffic to sites like ashley madison or cam sites. I told him this was a bad idea... that if he does this... it makes the REAL customers spend more money to compete... thats screwing them... He does not care, and tells me to fuck off... he will do what he wants. We argue... it is half my site after all... and one day I wake up, and I am locked out... I cant log into the admin panel... backpagecredits is all screwed up ( he destroyed the code), and he stole the email that we used to run the twitter account. He starts posting BS on twitter about ex employees... its a total mess. So I left again, and I am done with the industry. I am living back in the states for now, and running a t-shirt company and some other ecommerce sites online... doing well... recently a few people found me that are starting a new site. They are a group of former sex workers from Charlotte and Dallas... GOOD people. they started "afterdarkads". I am working with them as a consultant and helping get them going. Risa is done with it all... I think shes working with a strip club in vegas now. Anyhow... here is the truth about how all these sites came to be. Bedpage really DID give out a "god" password to a lot of law enforcement agencies... I talked to a girl in Texas that actually was arrested, and they logged right into the act in front of her. Siddiq told me about it, I know its true. A few of the other sites like ebackpage and onebackpage siddiq sold to other spammers in Bangledesh... they are all over india and Dhaka. He has NOTHING to do with afterdarkads.com so there is that All the while, you are paying to post your ads and keep them visible, (bump your ads and repost) Siddiq is posting his own ads for free... they use YOU to bring in traffic to the site, but then redirect the customers off to ashley madison or other sites so they can make money. Right now they get $150 for every sign up... if they post 100 ads, they will get a hundred sign ups... its unreal... meanwhile REAL sex workers are paying to post ads like crazy so their own ads are visible. Thats why I liked working with afterdarkads, they at least will not allow fake posters. they are real sex workers and they get it... they also made it free to post, only charging for upgrades. They care about sexworkers becasue they are sexworkers. Same with Tryst they are working hard for the community. I dont agree with a lot of their choices... but they are doing a good job. I honestly think they will be the next to fall. They have become the tallest tree in the storm Eros is pretty much done, those poor fuckers are on the run. Offices raided, moved to Eur One thing all sex workers should look for, is the verified feature...bedpage and afterdarkads.com both have it, but i think bedpage will let anyone get it without any verification.... I know (at least for now) afterdarkads is really "verifying" the girls. A LOT of customers on bedpage liked this... so hopefully other sites start using it as well. For a few bucks extra they put a green "verified" logo on your ad... they contact you to make sure you are a real poster not a scam or spammer, and if your pics look fake, they contact you and ask for a pic proving it with you holding up a paper with the site name afterdarkads on it. verifiedvixens tried the same thing... but they were charging too much. I hate that so many sexworkers support siddiq and all his spam sites like yesbackpage and they dont even know it or what they are doing... he literally rips you all off every time you post. Go look at your acct history.. he has a program that deletes a few dollars from the acct every few weeks... just a $1 at a time... this is just to get you to buy more credits more often... and the math on posting?? lol... it does not ad up... the system always adds money to the cost at checkout when posting... all just to fuck you. It is my understanding he sold one of the sites to a group that was trying to do it a little better, but I dont know for sure. The only SAFE sites I know to post on are tryst.link, afterdarkads.com skipthegames.com, and escort alligator. Slixa.com I am hearing a LOT of things from my former coworkers at BP... slixa is supposed to be compromised... but I dont know that for sure, and frankly dont want to start MORE rumors... I dont like the site from a clients perspective much... from a advertisers perspective its ok. They do great marketing. Tryst is gonna have problems because they are acting like they are in control... telling you what you cant say in your ads that offends them (everyone so offended these days) like now you cant refuse to see AA in your tryst ad. Total bullshit. afterdarkads.com is free and they are really serious about keeping fake posters of the site. That is huge to me, same with Tryst.link ... they are really committed to verification of every user, although they are far from free... they use a site called adacredits.com to allow payment, and its ok. I like the sites that have simple CC payment better, but the industry is not gonna allow that easy for a long time in the US both afterdarkads and tryst and skip the games are all getting AWESOME reviews on usasexguide.info and in a few other boards. yesbackpage is hopefully done... I hope that fucker gets a disease and dies for what he is doing to sexworkers... but in the mean time, almost 100% of the ads are all fake... soon the clients will realize it... if enough of you spread the word.. it will die. Dont waste your money competing with fake ads! another thing that sucks about what yesbackpage and all the other sites are doing is it scares off clients... these guys are lookin for real posts from real sexworkers... when 99 out of 100 ads are all fake, designed to collect cell numbers or emails... or direct you to fake cam sites and other shit... they stop searching like this... I know a LOT of agencies and pimps are all sayign business is booming because sexworkers are being FORCED to come back to them to book calls. support the sites that support the community guys... not the ones that exploit you and fuck you over. in the end what I really know about this industry... you need to advertise on as many LEGIT and safe sites as you can... every ad dollar you spend needs to be an investment that brings a positive return... be careful posting on sites that charge but screw you over... and just be careful period... there are a lot of shitty people out there , and they love hurting sexworkers. be safe and be well all!
I was homeless now possibly have to be homeless again due to job changes transition. I was cold as hell 20 degree weather I didn't know where to go and the times for clothing coat drives at churches and other locations. I went to a salvation army thrift store that was not easy to get to. First the bus driver that let me on free sent me off said we past the stop. So I walk and walk and I realized the driver was wrong and in the cold weather did 180 and walked back. Kept walking finally got to the street the place is on. Phone goes dead so i don't know if it's notth or south. So I asked people and they guide me to the wrong direction... Again walked and walked and if your homeless walking sucks you got a heavy back pack your shoes sucks and your feet hurt. I got there asked the clerk if I could get a jacket or somethin and that I have no money. She said they had to be paid for... It's a stores after all and something that bothers me the way Salbs6 army handles donations. I told her I'm really sorry I think your a nice lady your just doing you job. But it's cold I have to do what I have to do. I don't like to steal I wasn't raised like that but it's so cold I'm going to die and I have to do whatever to keep warm. I asked that I'm not good at stealing please turn a blind eye. She winked agreeing to what I was going to do and I love her for that. Instead of looking at name brands I'm looking for my size and down but there was none at I got the warmest I could get, scarf, hat, wish they had gloves. Put them on. Didn't even bother to be sneaky I even waved to the cameras and bowed my way of thanking and it's a Buddhist day too. The clothes made a big difference I was about to manage even without a down puffer. I will be back to give back to this lady she was great Part 2 Little late to reply I actually did write one to thank you guys but I guess my fingers were so frozen and my phone kept dying. Im posting again because I need some help. I don't even expect it to happen but I will try anyways. It's not easy even here. If you want to scroll past my story which is actually just a half of what's going on I'll mark the paragraph with *** I don't want to be homeless. I like to work. I worked in the suburbs of Chicago for 3 months. It was a pizza job but I did it well got a raise and promoted twice most recently to manager before I left the job for specific reasons. Pay was so low that even with 50+ hours a week with a little overtime I didn't make enough to enjoy a good life. My expenses was high without a car and really had to use my EBT. It's crazy how much I worked and I have nothing. Now I'm back in Chicago at the worst time for someone who is bad at being a homeless "guy" I'm bad at should I say I can't beg. The words can't come out my mouth. I'm great at customer service tech support greeting people. But to ask for food and money I'm not sure why. I'm pretty sure people will help me if I told the truth. Because that's how I am. I'm going to though some issues many that snowballed literally after Thanksgiving. With a little depression with my dad and grandma dead, family running off with their money, I have no family. The only thing I have to live for is unknown. I'm trying my best though. So now I'm back in Chicago, trying to Polish up my resume to get me a job asap because it can take at least a week minimum to get something going... More to go realistic if I'm going can to IT work. I'm planning to shoot for something entry level get my foot in and work up. I walked the streets going to restaurant to even a 7-11 got a possible part time gig. But I have a couple of good opportunities but I'm having a few problems My trusty old Nexus 6p that I used many years the phone is crapping out on me. I want to get a temp Android throwaway or anything I can buy and return until i can get a better phone refurbished. Without a phone I'm dead not just because i can't make receive calls from my long line of girls trying to hmu but I need it to get around using GPS Uber if needed transit apps, and like indeed Glassdoor Reddit apps. I also need some communication. I could use a month at a room which is roughly $500 in the North side area where I find pubic transit is better and not so hard on me when I try to ask for a free ride. Yes I ask. People hop turnstile im the oddball really that ask the attendant in the train booth along the blue line "hey I'm homeless you think I can get on free?" They just tell me just hop it.. I'm like really?" I never done it before I see everyone side do it but I'm not a money.. monkey see monkey do type. So on the buses the drivers are more... unfriendly but mostly let you go but they tell me to put something in. Like pretend to pay ? I don't even know myself. I just put in like a penny a dime. Even a peso I found. The pace and metra on the other hand we really kind to me when I had no money. Anyways back to my situation. I'm writing long paragraphs that ppl will probably not read but it's ok. I been holding back on a lot. So bear with me. ******** What I need Priority is just a phone, unlimited data phone service the best I can get us the simple mobile 4g lte unlimited no throttle for $50 a month rent at a room, maybe a laptop if that could happen. I can do Uber I got a connect that this guy got me. He rents out cars for $200-250 I forget the extact amount. If I can do that I will drive literally as much as they will allow you to lol. Im having issues with my medicaid or the "free" blue Cross blue shield "community" meaning your broke and you get the insurance that you have to wait months for a doctor months for a specialists. I have a doctor I pay just because before I was homeless I had to see him because my free Medicaid doctor retired suddenly. So seeing this guy and getting the medication I need for insomnia is quite important. I can't sleep without medication and without sleep without a room without communication I might as well take a chance at getting myself killed chucking gang signs around Chicago So in the streets Im like so bad at being homeless. So I'll try here Any change for the homeless? Can you buy me food I only had a couple packs of ramen noodles a day. Can you buy me a phone? I'm trying to get room so I can shower wash my clothes get ready for a interview can you got one I can use? Can you help pay for my Uber car? I'm not even trying to be a leech. I want to pay you back. I want to use #borrow but I don't have though karma but I'm Buddhist and I know I got good karma now and on the way. I even take notes in who helped me and gave them free pizzas from work. I don't party I don't got a girl and I didn't have time to go have fun for 3 months just focused on my job and thst was it. Boring but I'm in the burbs. I don't want a handout if you give me something you will get something back. Whether it's monetary , a thank you, something to show my appreciation. Not everyone is rich I get that. But I really could use a boost at this time. I'm not lazy I work hard way too hard. I'm decent with IT type work, and online marketing. I can manage restaurants, I could work sales. I think doing the Uber until I get the IT gig or both would be ideal. But the items I need.. the month room is really the minimum. I never ask for anything more than I need but that's how I am. To be realistic I will be a first paycheck to continue the 2nd month rent etc. If I can stability, ability to rest, stay warm not get sick, I can bounce back. There's more to my story the stuff the drama that's going on now and past that I'm trying to deal with. Like stuff from being ripped off to getting punched by some dude that is possible mentally ill just random. Little problem under my eye I haven't got that checked out. I'm glad I was able to write this without my phone dying. It's too the point where i have to hold it a certain way to keep it charging. It's so annoying because I got stuck in dangerous siuthatiions and areas when the battery was at 0. I just got my cashapp, i got the debit card sitting at the po box I got in the suburbs, Bitcoin is good it's getting easier to buy, if your in Chicago IL meet with you anywhere. Unfortunately I don't have PayPal, didn't sign up for vemo and the other apps. I just know ppl been talking about cashapp allot. The best way really is whatever is convenient for you. I hate bothering people and nobody wants to help people when it's too much work or trouble. If you have a way that you DM me and I'll sign up get whatever. I'm getting worried and I don't have anything or anyone to fall back on. Please help me. Thank you. If you can't it's ok too. I honestly don't think I will get any help because I never ask for help, especially like this. All I do is give give give give barely take. I have a blog for back when I first was homeless but will start updating it again. I hope it can help someone but I'm not a creative writer and I'm bad at pictures. But I want to document stuff because this is something thats going to be history once I bounce back.
I know you are reading this. You know who you are. This game has went on for long enough. It has been almost a year. Please, let it end. I am begging you. I just want my life back. For everyone else, I will start at the beginning. I am sure all of you have seen those youtube or twitch streamers who like to scam the scammers by wasting their time, right? I thought it was funny so I decided I would do the same thing, except without broadcasting it to the world. It was a lot of fun to see how long I could keep these assholes tied up on the phone with me instead of your trusting grandma. Then I heard about the “Dark Web” and how there are also people on there who like to scam people. I admit, I had never been on the dark web before, but I had heard the stories. It was the wild west where you could buy drugs and have them delivered to your door and the police couldn’t track you. You could hire a hitman to kill anybody you wanted as long as you had bitcoins to pay them with. Sadly, I also heard about the child porn rings and knew I did not want to accidentally land on one of those pages. The anonymous nature of the dark web can both a blessing and a curse. I logged on to the dark web and was able to find a page advertising hacking services. Not real hacking, but more stuff like hacking into your significant others facebook account or email to see if they are cheating on you. Stuff a simple keylogger would accomplish but they were asking for hundreds and sometimes thousands of dollars. It was clearly a scam and was exactly what I was looking for. Before I talk to any scammer, I spoof my number and have a virtual machine set up so if they take command of my computer, they are not actually doing anything real. It is all just a charade. I never use my real name, or real telephone number. It started off the same way these things always start off. I act interested in a service, but I am not smart enough to know how to buy and send bitcoin. I string them along, and they eventually try to walk me through it over the phone. No matter how easy they make it, I am just too dumb to figure it out. They eventually get tired of dealing with me and hang up. All I wasted was both of our time. This call was different. After about 5 minutes of me playing dumb, they figured it out and were pissed. “You think you’re funny?” “What are you talking about?” “Trying to waste our time?” “Yea, the more time you waste on me, the less time you have to scam other people.” “You fucked up this time. You fucked with the wrong people.” “Why do you do this? Scam people? Does it make you feel good?” “We aren’t the spam callers you normally talk to in Nigeria or India, Jason. You are on the Dark Web now, and you should have known better than to fuck with people on the Dark Web.” How the hell did they know my name was Jason? I told them my name was David. What the fuck? I better get off here now. “You are a scammer. Get a real job and stop trying to scam people.” I ended the call. Less than a minute later, my phone rang from my own number. I knew I shouldn’t have answered it, but I did. I knew who it was. “Hello?” “Jason, we don’t like it when people hang up on us.” “Listen, I clearly messed with the wrong person. I’m sorry. I am just trying to annoy scammers who scam innocent people. That’s all. This is just a big misunderstanding. Let’s just go our separate ways. I am sorry.” “That is not how this is going to work Jason Keys” “How do you know my name?” “You found hackers on the Dark Web, are you surprised we know who you are and that your address is XXXXX ?” Yes, they knew my address. “Okay, you were able to trace my phone and get my personal information. I get it. I fucked up.” “Where are you right now, Jason?” “I’m at work.” I lied. ‘No, you’re not, Jason. You are in your kitchen.” “Okay, you somehow have used my phone’s GPS to find my location. I get it. You are real hackers. I will never waste your time or anyone else’s time again. I swear.” “Do you like games, Jason?” “What do you mean? I have an xbox.” “Were going to play a game.” “No, we don’t have to do that. We can just go our own way.” “We are going to play Hide and Seek. You know how to play Hide and Seek right Jason?” “The kids game. Yea. Everyone knows how to play that but I don’t want to play this game. I don’t even know who you are.” “That is what makes this game so much fun for us. We know who you are. But to you, we could be anyone, anywhere, at anytime.” “No. I am not going to play your game.” “You don’t seem to understand. You don’t have a choice in the matter.” “What happens when you catch me?” “Then you will have to hide again.” “What if I just don’t play?” “Bad things will happen to you.” they said. “You have 12 hours to hide. Good luck.” They hung up. . They are just fucking with me I thought. I clicked on the Facebook app on my phone and a message popped up saying No Account Found. I tried my twitter and gmail account and everything was gone. Somehow they had deleted my entire online presence while they were on the phone with me. I knew I never should have went onto the Dark Web. I should have believed all the rumors I read about that place. Maybe this person was serious about playing their game of Hide and Seek. At worst, I thought, I should find a different place to sleep for a few days just to let this pass over. I grabbed my backpack and threw in a few pairs of clothes to last three days, a pillow, and a toothbrush. That should be enough, I thought. I called out of work and told them I had a family emergency and would be gone for a few days. I wasn’t sure where I was going to go yet, but a full tank of gas was a start. I slid my card into the gas pump and it came back denied. That is weird, I had just gotten paid 2 days before and had plenty of money in my account. I pulled out a credit card and tried again. It was also denied. I went to the bank to get this problem sorted out. I told the teller my card was declined but I had money in my account earlier. She took my details to pull up my account, but their system showed no account ever existed under my name. I told her that was impossible! I showed her I have a debit card with my name on it. She called a manager over and they took the card away and told me I could be charged with fraud for having a fake debit card. I tried to explain but they were certain they have never had an account under my name or social security number. Even if I had an account in the past, their system would have been able to find it under my social. I left the bank dumbfounded. My card had worked the day before and I have had an account at that bank since I turned 18 over five years ago. There is no way even hackers could delete my accounts that fast, if it is even possible at all. It had been less than an hour. I sat on the hood of my car and called the credit card companies, but they had no records of me on file either. The one positive thing about this entire experience is they wiped off a few grand in my credit card debt, so I guess thank you for that much. I went back to my car and the reality of the situation came crashing down on me. They knew who I was, where I lived, and now I had no access to any money. I sat down in the car to think over my options of what to do next when I saw an envelope on the passenger seat. I opened it up and it contained $100 cash (5 twenty dollar bills) and a note. Time is ticking. You have $100 dollars and 11 hours left. You better go hide, because soon I will start to seek. They found me already? How were they already in my town and knew where I was and what kind of car I drove? What am I going to do now? They are already watching me and what kind of car I drive, I am not even going to be able to use my own car. After some thinking, I drove to the bus stop and bought a ticket for a bus heading North. It would be making 6 stops between here and Chicago so I can get out of town and decide where to get off later. They can’t know where I am going to be if I don’t even know where I’ll be. The ticket was $50 dollars so that only leaves me $50. I decided I would just have to deal with it later. The bus ride itself is a nightmare on its own, but that is a story for another time. I got on the bus and finally decided enough was enough in Indianapolis. I left a warm Atlanta for Indiana with nothing but a few changes of clothes in my backpack. Could life be much worse? I got something to eat at a McDonalds close to the bus stop and saved what little money I had left. There wasn’t enough money to spare for a motel, no matter how shady it was. I needed to save every penny I had right now. I slept outside and froze my ass off. I didn’t know a soul there. I just decided it would be best if I kept a low profile and tried to stay out of sight. I didn’t have any sort of electronics for them to track and I don’t have any credit cards to trace. They shouldn’t have any idea where I got off the bus at. I could be in any city between Atlanta and Chicago if they had seen what bus I got off on. That night, I found a starbucks and decided to grab myself a coffee. I put in my order and went to the restroom to clean myself up a little. I got back just as they were calling my name telling me my drink was ready. I grabbed my coffee and the employee said someone had given him a note to give me with my coffee. My heart sank as I sat down and opened the envelope. They had found me in less than 24 hours after I traveled over 500 miles away without telling a soul. Inside was another $100 dollars and a note. Not a bad start, most aren’t smart enough to ditch their car and town so fast. You have $100 dollars and 24 hours to find a new hiding spot. Try a little harder next time. I like a challenge. I sat in the starbucks exhausted and defeated. If they found me that easily then was there any way to escape them? I decided to do what I should have done when all of this started. I went to the police. The police listened to my story and then took my ID. They asked some questions and clearly did not believe I was telling the truth. They asked if I had taken any drugs and then ran my ID. When he came back he asked me if it was a fake ID because it was not pulling any information on me. I asked him to try one more time. Before he tried again, he asked if I might be having some mental problems or off my medicine because I sounded like I might be having an episode. I’m pretty sure he wanted to take me to the hospital for a psychiatric hold. When he went to run my ID again, I quietly slipped out the door and escaped. I knew what they had done. I no longer exist. At least in the eyes of the law and the public. My identity was deleted. My bank accounts were gone. My credit cards were gone. My social media was gone. Everything that proved who I was is gone. Outside of those who know me, I do not exist. And if I don’t exist, they can kill me with ease. I walked to a truck stop near the interstate and was able to hitch a ride to Chicago for $20 dollars. A random trucker seemed a lot safer than a Greyhound bus full of drug addicts and creeps like I had taken to get this far. At least I got 2 hours of sleep in a warm cab. In Chicago, I bought a burner phone and decided it was time to call home. It was prepaid, cheap, and new. The only number I knew was my own and my mom’s so I had to call her. I called her up and she was worried and asked where I was. I told her Chicago and started to explain what had led me here, but the call dropped. I looked at my phone and it said it had no service. A few moments later I got a text message. YOU CAN USE A PHONE. YOU CAN’T ASK FOR HELP. THE RULES ARE SIMPLE YOU HIDE. WE SEEK. I threw the phone against the wall and it shattered into pieces. It was a brand new phone. Nobody should have been able to know or hack it so fast. I am alone. Nobody can help me. I don’t know what to do anymore. The only option I had was to play their stupid game. Since January 16th, my life has been constantly moving from town to town, sleeping in homeless shelters or park benches. Every night I go to sleep wondering if I will wake up to a note next to my head telling me to hide again. Every day I worry a random person will hand me an envelope. I know some of you guys must be asking yourself why I even play the game? Why don’t I just stop running? They are just playing with me. They would not actually hurt me. I have tried that before. In Colorado, I was tired, cold, and wet when they found me. I decided enough was enough. They left me the note mocking my attempts to run away and gave me another $50 dollars. I said screw it, let them kill me. I got me a nice hotel at the Hilton and spent all the money I had on a nice steak dinner. If they decided to kill me, at least I would have a nice last meal and a warm bed on my last night. I thought I would have been up all night worried, but I was too worn out to care. I slept like a baby. I was shocked to open my eyes the next morning and not find someone with a gun pointed at my head. I smiled and thought to myself it had all been a game. A stupid fucking game that I believed was real. I spent months on the road, homeless, cold, and hungry for nothing. Then I looked over and saw a note on the bed with a sharp knife lying across it. Someone had been here while I was sleeping. They had broken into my room and were in the same room with me. They could have killed me and I never would have known. I almost wish they had, but they let me live. Those assholes had let me live. We aren’t ready for the game to end yet. Keep running and hiding Jason. The next time, we will not be so nice. Now back to Hide and Seek! See you soon. There was no money with the note. My backpack was gone. I was completely broke after spending all my money on food and a hotel. I wish they would have killed me. I don’t know why I didn’t just stay where I was and let them kill me, but letting someone kill you and doing nothing to stop it isn’t easy. This game of cat and mouse continued. And that is what it was. A game of cat and mouse. I realized there was no hiding from them. They always knew where I was and there was no escape. They just liked playing the game. I don’t know what the fun of this game is for them except to watch someone suffer. I don’t know how they seem to be everywhere and know everything. It doesn’t matter how fast or far I run, they will always be the steps ahead of me. Every person I see or talk to could be them. I constantly try to look at the faces around me to see if any of them look familiar but everyone is a stranger. They are ghost. Always close by. Always watching. Always invisible. They find me almost as soon as I stayed in the same place for more than a night or two. Sometimes they would be nice and let me settle somewhere for a week or two, but never long enough to be comfortable. I think they just like to keep me guessing and to give me hope that they decided to stop this game. They also always gave me exactly what I need to survive. Most of the time it was just enough money to keep me fed but still hungry with a little left over. If it was deathly cold outside I may have a little extra to afford a place inside or even a warm jacket to keep me cold but alive. If I was sick, a bag of medicine would show up. They give me just enough to live a miserable life. I know you are reading this. And I quit. I quit your game. I’m tired of playing. You’ve taken everything from me. If you want to kill me then kill me. I would rather be dead than to keep playing your game. You know where I am. You always do. Give me my life back or kill me. I quit. Update: Jason was right. Our game of Hide and Seek really is a cat and mouse game. We are the cat and Jason was the mouse. Here is the thing about a cat and a mouse, a cat likes to play with the mouse, to scare a mouse, to corner a mouse, to slap the mouse with its claws. When the mouse quits playing the cats game, the mouse dies. It looks like we have to find a new mouse since our last one decided to stop playing our game. Luckily nosleep has plenty of mice to choose from and the accounts have a comment history so we can find the perfect mouse for our next game of Hide and Seek. If you see your own number pop up on your caller ID, don’t answer. It just might be us. LCS
I have bought over 50 replicas over the past three years and I would like to pass on that knowledge. The first thing you need to know is that the factories and middlemen don't give a fuck about you. Second thing is that I don't know what I'm talking about and I don't want this to be a discussion on which factory is best. I just wanted to give my perspective regardless of how wrong it may be. Also I think it would be a good idea to talk about my background because if we have similar backgrounds or interests this information will be valuable and if we don't, hopefully it will be entertaining. I'm your typically 30 year old nerd that likes art and history which is the reason why I like sneakers. To me the shoes I bought is a form of art and every shoe has some history/story behind it. I live in a area where know one knows or cares about sneakers. Which is totally fine for me because I'm not buying the shoes to impress and I couldn't possibly imagine a place where people are impressed by shoes just because they cost a lot or live in a place where people could actually tell if a shoe is fake. I personally don't think those people exist in RL but just on this sub. I just want to say again that I don't have a clue on what I'm talking about. My ranking of shoes. Jordans: 1, 4, and 11 in that order Yeezy: 700, 750, and 350v2 - I don't recommend the 350v1 because the v2 are better in every way. The only reason why the v1 cost so much resale is because of the rarity.
350v2 Sesame, Cream, and Butter
Super cheap and extremely accurate
Jordan 1 Chicago
BM Lin P420
I have the Will version but I would go with the BM Lin because I don't think there's much of a difference to justify double the price. Granted I don't beat my shoes so all the shoes I've bought will probably last me my entire life, I think I would still save the money and buy more quantity of shoe because I don't see the quality difference.
Jordan 1 Banned
BM Lin 420
Jordan 1 Game Royal
BM Lin 420
Jordan 1 Pine Green
BM Lin 420
I bought the 158sir and they are freaking awesome especially for the price, but I don't think this will ever come back.
Jordan 1 Purple
BM Lin 420
Jordan 1 Bred Toe
BM Lin 420
Jordan 1 SBB
BM Lin 420
This particular colorway has a lot of hype because of the tumbled leather, I have the solefly from Will and people compare that leather to the SBB and I don't see much difference than my solefly to my BM LIN 420 bred toes. In fact I had five people that don't know anything about shoes compare the leather between the solefly and the bred toes and everyone said the bred toes were better.
Jordan 1 Fragment
BM Lin 420
Yeezy 700 Wave Runner
The shoe I have know is a $60 dhgate which to say the least is crap, but I wasn't totally sold on this silhouette of a shoe, but once I had it in hand, I think now its my favorite shoe of all time. That and because the PK is practically perfect is the reason why I would splurge on this shoe.
Yeezy 700 Mauve
BM Lin 160
It's not my favorite colorway and the 160 version I own is so good I don't think spending more than double is the best bang for my buck.
Yeezy 700 Interia
I like this colorway better than the Mauve but there is only higher end batches out and I have more patience than money so I'm waiting this out.
Yeezy 750 Grey Gum
This is another shoe that I thought was ugly until I saw it in person, now its one of my favorite shoes and I have all four colorways. The problem is the KO batch I have doesn't seem to have that thick suede like retail. The pictures I've seen of the PK seems to be thicker but Bruce told me the KO batch is the best batch so I went with that.
Yeezy 750 Chocolate
The 158sir might be awesome but by the time you are reading this they are probably sold out. I've seen some pictures of BM Lin and they look good but I'm not sure if anyone makes a great batch of 750's anymore.
Yeezy 350v2 Beluga 1 and 2
I would get the 1.0 from Tony and the 2.0 from BM Lin, I saw a user compare the bm lin and retail and I couldn't tell enough difference to justify the price. The 1.0 don't have the heel tabs and most factories don't do a great job at the heel fades. Personally I can't tell the difference, I'm just parroting what I read.
Yeezy 350v2 Zebra
I keep seeing this and they look the best to me. Worth the extra money
Yeezy 350v2 Oreo and Infrared
I like this colorway a lot, I have a old version of these and they look spot on but I'm not sure which factory but it was a budget batch. Like I said before I read that the heel fades aren't that great even on the higher end batch but I think you have to really know what to look for. Plus I heard that the retails had some interesting QC issues, I heard that the infrared could be pink or reddish.
Yeezy 350v2 Blue Tint
I recommend a higher tier batch because this colorway has vertical lines and a lot of batches mess that up which it's super noticeable.
Yeezy 350v2 static reflective
BM Lin 250
I've seen a few QC pictures and they look awesome to me. The higher end batches and some retail have big pull tabs which is just weird looking.
Yeezy 350v2 Bred
I heard BM lin has fixed the translucent sole which even higher end batches can have those issues.
Jordan 4 Kaws Grey
BM LIn 350?
I GP'd this batch today because I'm a huge fan of kaws and the higher end batches aren't close to being perfect. Most of the flaws I've seen on other batches is the sole is too cloudy and the hand imprints on the suede aren't defined enough.
Jordan 4 kaws black
Pretty much the same as above except I haven't ordered this pair. I bought a $170 pair from Bruce and it's far from perfect, but I really like the shoe just wish I didn't spend so much.
OW Presto OG
I've read that this colorway is practically perfect. I would like to add the white and black version but I hear they are way too flawed and maybe with enough patience it will be better. But it's a real comfortable shoe.
Jordan 11 Bred, 72-10, Space Jam
I have some cheap ass DHGATE of these and they look really good with decent materials except for lack of carbon fiber, which changes a lot of the feel and sound of the shoe. As far as I can tell the cheap BM LINs have carbon fiber.
Ultraboost cream and Panda
This shoe is so awesome
Tom Sachs Mars Yard 2.0
This shoe is just awesome and so comfortable, theres a regular user here that is an expert on this shoe and it will probably roll his eyes on this one.
Jordan 1 OW Chicago
I have bought two pairs of these. The first was like the first batch and it was so flawed the shoelaces said "shoestrings" and the second pair is the latest batch of OWF. The second batch I would probably buy again because to me it's pratically perfect and I don't mind spending a lot of money if the shoe is close to or perfect. The only problem with this shoe is that it's more a museum piece to me. I don't know how many times I just pick up the shoe and look at it. I rarely ever wear because it's really hard to pull off this shoe not including that its $3000 But the story behind this shoe and it's probably the most "art' shoe I own.
Jordan 1 OW NRG white
Jordan 1 OW UNC
Might as well finish the collection
Sean Wotherspoon 97/1
This is one of my favorite shoes and I would spend $200 for a great pair of these. But right now no one comes close to .8:1 let alone 1:1 , I hear that factories are milking people and that's why they won't make a perfect batch but I also think it's really difficult to make this shoe. This is a perfect example of people that buy retail/resale shoes and then buy replicas to wear. If those people would just post comparison pictures, it would save so many people so much money and make the factories to be more competitive and release a better version quicker.
Jordan 4 White Cement
If BM Lins kaws comes out good enough I will buy this shoe and do a review and I will probably buy a few more Jordan 4's like the bred and pure money.
I keep reading that no one makes a good version of the 3's and 4's, something to do with the tongue being too tall or too short.
EDIT: BM Lin or Boostmaster Lin is rather famous seller but is not recommended going directly because he/she supposedly can't be trusted, I have never bought directly but that's what I hear. It's really not a big deal because Ytaopal/Superbuy are super easy to use. It just might feel foreign to you if the only online shopping you ever done is Amazon. The first thing you should do is find out what shoes you want. But if you don't have a clue, Or you can go to the search bar and search for BM Lin or Boostmaster LIN and then you can see what others have posted. The only shoes I can recommend are the plain Yeezy's Cream,Sesame, and Butter. The beluga 2.0 looked really decent too. The Jordan 1 p420 are really nice for the price. Go to this website https://www.cnfashionpub.com You can sort by and possibly search but if you search I think you will see everybody's store, so this part isn't the easiest I guess. But lets say you like this shoe here https://www.cnfashionpub.com/product/p160-tosv2%e5%85%a8%e7%99%bd-%e9%98%bf%e8%bf%aa%e8%be%be%e6%96%af%e6%a4%b0%e5%ad%90350%e4%ba%8c%e4%bb%a3%e6%9c%ac%e5%9c%b0%e7%9c%9f%e7%88%86%e7%b1%b3%e8%8a%b1-cp9366-adidas-yeezy-boost-350-v2-cream-wh/ Scroll to the middle and click on "Please click to check more detail photos from Boostmaster’s album." This will take you to his/her yuppo album where you can see more pictures and this is URL you give to YTAOPAL so they know which shoe to buy. The next step after you find the shoe you want is to create a ytaopal or superbuy account. I've used both and I like ytaopal a lot better. Some people claim superbuy is easier etc... but I don't see how it's easier but superbuy nickel and dime you on everything. In this example I will use ytaopal Copy and paste the yuppo link into the bar in the middle that says "Please enter taobao link" and then the next page will ask you to copy and paste the title of the yuppo for example TITLE:【AE1LO】 TOSv2全白 阿迪达斯椰子350二代本地真爆米花 CP9366 Adidas Yeezy Boost 350 V2 Cream White Real Boost45 Price: 160 ( you got this from the cnfashionpub site) shipping: 10 (don't know why it's 10 but I heard its typically 10 yuan for the shoes to be shipped from the factory to the ytaopal warehouse) remark: I type the shoe size here Then submit and go to the checkout and then you pay. I believe you can pay via paypal if you do it through wechat but I never done that. I always pay with bitcoin ( I buy my bitcoin through the cash app which I highly recommend you get into bitcoin/crypto because its 2019) You can also pay with western union which I've done a few times in the past to pay middlemen like Tony and Bruce. Using Ytaopal is essential for buying good quality reps of shoes and clothing. Here is a link I used to learn to use yuppo and ytaopal https://www.reddit.com/FashionReps/comments/78riee/how_to_order_through_a_yuppo_seller_with_ytaopal/?st=juofq826&sh=5453578b
James Heckman 1944 – Present Born: United States Resides: United States · Professor in Economics at the University of Chicago. Professor at the Harris Graduate School of Public Policy Studies. Director of the Center for the Economics of Human Development (CEHD). Co-Director of Human Capital and Economic Opportunity (HCEO) Global Working Group. Heckman is also a Professor of Law at ‘the Law School’, a senior research fellow at the American Bar Foundation, and a research associate at the National Bureau of Economic Research. · In 2000, Heckman shared the Nobel Memorial Prize in Economic Sciences with Daniel McFadden, for his pioneering work in econometrics and microeconomics. · As of February 2019 (according to RePEc), he is the next most influential economist in the world behind Daniel McFadden. · Heckman has received numerous awards for his work, including the John Bates Clark Medal of the American Economic Association in 1983, the 2005 and 2007 Dennis Aigner Award for Applied Econometrics from the Journal of Econometrics, the 2005 Jacob Mincer Award for Lifetime Achievement in Labor Economics, the 2005 Ulysses Medal from the University College Dublin, the 2007 Theodore W. Schultz Award from the American Agricultural Economics Association, the Gold Medal of the President of the Italian Republic awarded by the International Scientific Committee of the Pio Manzú Centre in 2008, the Distinguished Contributions to Public Policy for Children Award from the Society for Research in Child Development in 2009, the 2014 Frisch Medal from the Econometric Society, the 2014 Spirit of Erikson Award from the Erikson Institute, and the 2016 Dan David Prize for Combating Poverty from Tel Aviv University. “The best way to improve the American workforce in the 21st century is to invest in early childhood education, to ensure that even the most disadvantaged children have the opportunity to succeed alongside their more advantaged peers” Janet Yellen 1945 – Present Born: United States Resides: United States · Successor to Ben Bernanke, serving as the Chair of the Federal Reserve from 2014 to 2018, and as Vice Chair from 2010 to 2014, following her position as President and Chief Executive Officer of the Federal Reserve Bank of San Francisco. Yellen was also Chair of the White House Council of Economic Advisers under President Bill Clinton. · Yellen is a Keynesian economist and advocates the use of monetary policy in stabilizing economic activity over the business cycle. She believes in the modern version of the Phillips curve, which originally was an observation about an inverse relationship between unemployment and inflation. In her 2010 nomination hearing for Vice Chair of the Federal Reserve Board of Governors, Yellen said, “The modern version of the Phillips curve model—relating movements in inflation to the degree of slack in the economy—has solid theoretical and empirical support.” · Yellen is married to George Akerlof, another notable economist, Nobel Memorial Prize in Economic Sciences laureate, professor at Georgetown University and the University of California, Berkeley.. · In 2014, Yellen was named by Forbes as the second most powerful woman in the world. She was the highest ranking American on the list. In October 2015, Bloomberg Markets ranked her first in their annual list of the 50 most influential economists and policymakers. In October 2015, Sovereign Wealth Fund Institute ranked Yellen #1 in the Public Investor 100 list. In October 2010, she received the Adam Smith Award from the National Association for Business Economics (NABE). “In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.” “I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not unemployment.” Jared Polis 1975 – Present Born: United States Resides: United States · 43rd governor of Colorado since January 2019. Polis served on the Colorado State Board of Education from 2001 to 2007 and was the United States Representative for Colorado's 2nd congressional district from 2009 to 2019. · Polis is the first openly gay person and second openly LGBT person (after Kate Brown of Oregon) to be elected governor in the United States. · In 2000 Polis founded the Jared Polis Foundation, whose mission is to “create opportunities for success by supporting educators, increasing access to technology, and strengthening our community.” Polis has also founded two charter schools. · Polis was named Outstanding Philanthropist for the 2006 National Philanthropy Day in Colorado. He has received many awards, including the Boulder Daily Camera's 2007 Pacesetter Award in Education; the Kauffman Foundation Community Award; the Denver consul general of Mexico “Ohtli”; the Martin Luther King Jr. Colorado Humanitarian Award; and the Anti-Defamation League's inaugural Boulder Community Builder Award. “Having alternative currencies is great, right, because, historically, government's had a monopoly on currency.…At the end of the day, why should only politicians—either directly or indirectly—control the currency?We can reduce transaction cost, provide an alternative, and—look, I don't know whether it'll be Bitcoin or not—but I think the concept of digital currencies is here to stay, and the fact that a politician would write to try to ban them in their infancy is just the wrong way to go about it.Let the market determine whether there's any value there or not.” Jeff Bezos 1964 – Present Born: United States Resides: United States · Best known as the founder, CEO, and president of Amazon, Bezos is an American internet and aerospace entrepreneur, media proprietor, and investor. The first centi-billionaire on the Forbes wealth index, Bezos was named the “richest man in modern history” after his net worth increased to $150 billion in July 2018. In September 2018, Forbes described him as “far richer than anyone else on the planet” as he added $1.8 billion to his net worth when Amazon became the second company in history to reach a market cap of $1 trillion. · Bezos supported the electoral campaigns of U.S. senators Patty Murray and Maria Cantwell, two Democratic U.S. senators from Washington. He has also supported U.S. representative John Conyers, as well as Patrick Leahy and Spencer Abraham, U.S. senators serving on committees dealing with Internet-related issues. · Bezos has supported the legalization of same-sex marriage, and in 2012 contributed $2.5 million to a group supporting a yes vote on Washington Referendum 74, which affirmed same-sex marriage. · After the 2016 presidential election, Bezos was invited to join Donald Trump's Defense Innovation Advisory Board, an advisory council to improve the technology used by the Defense Department. Bezos declined the offer without further comment. · In September 2018, Business Insider reported that Bezos was the only one of the top five billionaires in the world who had not signed the Giving Pledge, an initiative created by Bill Gates and Warren Buffett that encourage wealthy people to give away their wealth. “Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.” “We have the resources to build room for a trillion humans in this solar system, and when we have a trillion humans, we'll have a thousand Einsteins and a thousand Mozarts. It will be a way more interesting place to live.” Jens Weidmann 1968 – Present Born: Germany Resides: Germany · German economist and president of the Deutsche Bundesbank. Chairman of the Board of the Bank for International Settlements. From 1997 to 1999, Weidmann worked at the International Monetary Fund. In 2006, he began serving as Head of Division IV (Economic and Financial Policy) in the Federal Chancellery. He was the chief negotiator of the Federal Republic of Germany for both the summits of the G8 and the G20. He was given the 2016 Medal for Extraordinary Merits for Bavaria in a United Europe. · Weidmann was involved in a series of major decisions in response to the financial crisis in Germany and Europe: preventing the meltdown of the bank Hypo Real Estate, guaranteeing German deposits and implementing a rescue programme for the banking system, piecing together two fiscal-stimulus programmes, and setting up the Greek bail-out package and the European Financial Stability Facility (EFSF). · In a 2011 speech, Weidmann criticized the errors and “many years of wrong developments” of the European Monetary Union (EMU) peripheral states, particularly the wasted opportunity represented by their “disproportionate investment in private home-building, high government spending or private consumption”. In May, 2012, Weidmann's stance was characterized by US economist and columnist Paul Krugman as amounting to wanting to destroy the Euro. In 2016, Weidmann dismissed deflation in light of the European Central Bank's current stimulus program, pointing out the healthy condition of the German economy and that the euro area is not that bad off. “I share the concerns regarding monetary policy that is too loose for too long. … As you know I have concerns about granting emergency liquidity on account of the fact that the banks are not doing everything to improve their liquidity situation.” Jerome Powell 1953 – Present Born: United States Resides: United States · Current Chair of the Federal Reserve, nominated by Trump. Powell has faced substantial and repeated criticism from Trump after his confirmation. The Senate Banking Committee approved Powell's nomination in a 22–1 vote, with Senator Elizabeth Warren casting the lone dissenting vote. · Powell briefly served as Under Secretary of the Treasury for Domestic Finance under George H. W. Bush in 1992. He has served as a member of the Federal Reserve Board of Governors since 2012. He is the first Chair of the Federal Reserve since 1987 not to hold a Ph.D. degree in Economics. · Powell has described the Fed's role as nonpartisan and apolitical. Trump has criticized Powell for not massively lowering federal interest rates and instituting quantitative easing. · The Bloomberg Intelligence Fed Spectrometer rated Powell as neutral (not dove nor hawk). Powell has been a skeptic of round 3 of quantitative easing, initiated in 2012, although he did vote in favor of implementation. · Powell stated that higher capital and liquidity requirements and stress tests have made the financial system safer and must be preserved. However, he also stated that the Volcker Rule should be re-written to exclude smaller banks. Powell supports ample amounts of private capital to support housing finance activities. “The Fed's organization reflects a long-standing desire in American history to ensure that power over our nation's monetary policy and financial system is not concentrated in a few hands, whether in Washington or in high finance or in any single group or constituency.” John Cochrane 1957 – Present Born: United States Resides: United States · Senior Fellow of the Hoover Institution at Stanford University and economist, specializing in financial economics and macroeconomics. · The central idea of Cochrane's research is that macroeconomics and finance should be linked, and a comprehensive theory needs to explain both 1.) how, given the observed prices and financial returns, households and firms decide on consumption, investment, and financing; and 2.) how, in equilibrium, prices and financial returns are determined by households and firms decisions. · Cochrane is the author of ‘Asset Pricing,’ a widely used textbook in graduate courses on asset pricing. According to his own words, the organizing principle of the book is that everything can be traced back to specializations of a single equation: the basic pricing equation. Cochrane received the TIAA-CREF Institute Paul A. Samuelson Award for this book. “Regulators and politicians aren’t nitwits. The libertarian argument that regulation is so dumb — which it surely is — misses the point that it is enacted by really smart people. The fact that the regulatory state is an ideal tool for the entrenchment of political power was surely not missed by its architects.” John Keynes(John Maynard Keynes, 1st Baron Keynes) 1883 – 1946 Born: England Died: England · British economist, whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles, and was one of the most influential economists of the 20th century. Widely considered the founder of modern macroeconomics, his ideas are the basis for the school of thought known as Keynesian economics, and its various offshoots. Keynes was a lifelong member of the Liberal Party, which until the 1920s had been one of the two main political parties in the United Kingdom. · During the 1930s Great Depression, Keynes challenged the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as long as workers were flexible in their wage demands. He argued that aggregate demand (total spending in the economy) determined the overall level of economic activity, and that inadequate aggregate demand could lead to prolonged periods of high unemployment. Keynes advocated the use of fiscal and monetary policies to mitigate the adverse effects of economic recessions and depressions. · Keynes's influence started to wane in the 1970s, his ideas challenged by those who disputed the ability of government to favorably regulate the business cycle with fiscal policy. However, the advent of the global financial crisis of 2007–2008 sparked a resurgence in Keynesian thought. Keynesian economics provided the theoretical underpinning for economic policies undertaken in response to the crisis by President Barack Obama of the United States, Prime Minister Gordon Brown of the United Kingdom, and other heads of governments. · Keynes was vice-chairman of the Marie Stopes Society which provided birth control education and campaigned against job discrimination against women and unequal pay. He was an outspoken critic of laws against homosexuality. Keynes thought that the pursuit of money for its own sake was a pathological condition, and that the proper aim of work is to provide leisure. He wanted shorter working hours and longer holidays for all. Keynes was ultimately a successful investor, building up a private fortune. “How can I accept the Communist doctrine, which sets up as its bible, above and beyond criticism, an obsolete textbook which I know not only to be scientifically erroneous but without interest or application to the modern world? How can I adopt a creed which, preferring the mud to the fish, exalts the boorish proletariat above the bourgeoisie and the intelligentsia, who with all their faults, are the quality of life and surely carry the seeds of all human achievement? Even if we need a religion, how can we find it in the turbid rubbish of the red bookshop? It is hard for an educated, decent, intelligent son of Western Europe to find his ideals here, unless he has first suffered some strange and horrid process of conversion which has changed all his values.” John Locke 1632 – 1704 Born: England Died: England · Known as the “Father of Liberalism,” Locke was an English philosopher and physician, widely regarded as one of the most influential of Enlightenment thinkers. His work greatly affected the development of epistemology and political philosophy. His writings influenced Voltaire and Jean-Jacques Rousseau, many Scottish Enlightenment thinkers, as well as the American revolutionaries. His contributions to classical republicanism and liberal theory are reflected in the United States Declaration of Independence. · Locke's political theory was founded on social contract theory. Social contract arguments typically posit that individuals have consented, either explicitly or tacitly, to surrender some of their freedoms and submit to the authority (of the ruler, or to the decision of a majority) in exchange for protection of their remaining rights or maintenance of the social order. · Locke advocated for governmental separation of powers and believed that revolution is not only a right but an obligation in some circumstances. Locke was vehemently opposed to slavery, calling it “vile and miserable … directly opposite to the generous Temper and Courage of our Nation.” · Locke uses the word “property” in both broad and narrow senses. In a broad sense, it covers a wide range of human interests and aspirations; more narrowly, it refers to material goods. He argues that property is a natural right and it is derived from labour aand that the individual ownership of goods and property is justified by the labour exerted to produce those goods · According to Locke, unused property is wasteful and an offence against nature, but, with the introduction of “durable” goods, men could exchange their excessive perishable goods for goods that would last longer and thus not offend the natural law. In his view, the introduction of money marks the culmination of this process, making possible the unlimited accumulation of property without causing waste through spoilage. “The power of the legislative, being derived from the people by a positive voluntary grant and institution, can be no other than what that positive grant conveyed, which being only to make laws, and not to make legislators, the legislative can have no power to transfer their authority of making laws, and place it in other hands.” “No man in civil society can be exempted from the laws of it: for if any man may do what he thinks fit, and there be no appeal on earth, for redress or security against any harm he shall do; I ask, whether he be not perfectly still in the state of nature, and so can be no part or member of that civil society; unless any one will say, the state of nature and civil society are one and the same thing, which I have never yet found any one so great a patron of anarchy as to affirm.” John Mill(John Stuart Mill a.k.a. J. S. Mill) 1806 – 1873 Born: England Died: France · John Stuart Mill was arguably the most influential English speaking philosopher of the nineteenth century. He was a naturalist, a utilitarian, and a liberal, whose work explores the consequences of a thoroughgoing empiricist outlook. In doing so, he sought to combine the best of eighteenth-century Enlightenment thinking with newly emerging currents of nineteenth-century Romantic and historical philosophy. His most important works include System of Logic (1843), On Liberty (1859), Utilitarianism (1861) and An Examination of Sir William Hamilton’s Philosophy (1865). · Mill's conception of liberty justified the freedom of the individual in opposition to unlimited state and social control. A member of the Liberal Party and author of the early feminist work The Subjection of Women (in which he also condemned slavery), he was also the second Member of Parliament to call for women's suffrage after Henry Hunt in 1832. · Mill, an employee for the British East India Company from 1823 to 1858, argued in support of what he called a “benevolent despotism” with regard to the colonies. Mill argued that “To suppose that the same international customs, and the same rules of international morality, can obtain between one civilized nation and another, and between civilized nations and barbarians, is a grave error. ... To characterize any conduct whatever towards a barbarous people as a violation of the law of nations, only shows that he who so speaks has never considered the subject.” · John Stuart Mill believed in the philosophy of Utilitarianism, which he described as the principle that holds “that actions are right in the proportion as they tend to promote happiness [intended pleasure, and the absence of pain], wrong as they tend to produce the reverse of happiness [pain, and the privation of pleasure].” Mill asserts that even when we value virtues for selfish reasons we are in fact cherishing them as a part of our happiness. · Mill's early economic philosophy was one of free markets. However, he accepted interventions in the economy, such as a tax on alcohol, if there were sufficient utilitarian grounds. Mill originally believed that “equality of taxation” meant “equality of sacrifice” and that progressive taxation penalized those who worked harder and saved more. Given an equal tax rate regardless of income, Mill agreed that inheritance should be taxed. · His main objection of socialism was on that of what he saw its destruction of competition. According to Mill, a socialist society would only be attainable through the provision of basic education for all, promoting economic democracy instead of capitalism, in the manner of substituting capitalist businesses with worker cooperatives. · Mill's major work on political democracy defends two fundamental principles at slight odds with each other: extensive participation by citizens and enlightened competence of rulers. He believed that the incompetence of the masses could eventually be overcome if they were given a chance to take part in politics, especially at the local level. · Mill is one of the few political philosophers ever to serve in government as an elected official. In his three years in Parliament, he was more willing to compromise than the “radical” principles expressed in his writing would lead one to expect. “He who knows only his own side of the case knows little of that. His reasons may be good, and no one may have been able to refute them. But if he is equally unable to refute the reasons on the opposite side, if he does not so much as know what they are, he has no ground for preferring either opinion... Nor is it enough that he should hear the opinions of adversaries from his own teachers, presented as they state them, and accompanied by what they offer as refutations. He must be able to hear them from persons who actually believe them...he must know them in their most plausible and persuasive form.” “The only freedom which deserves the name is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it. Each is the proper guardian of his own health, whether bodily, or mental or spiritual. Mankind are greater gainers by suffering each other to live as seems good to themselves, than by compelling each to live as seems good to the rest.” John Rawls 1921 – 2002 Born: United States Died: United States · Liberal American moral and political philosopher who received both the Schock Prize for Logic and Philosophy and the National Humanities Medal in 1999, the latter presented by President Bill Clinton, who acclaimed Rawls for having “helped a whole generation of learned Americans revive their faith in democracy itself.” He is frequently cited by the courts of law in the United States and Canada. · Rawls's most discussed work is his theory of a just liberal society, called justice as fairness. Rawls first wrote about this theory in his book A Theory of Justice. Rawls spoke much about the desire for a well-ordered society; a society of free and equal persons cooperating on fair terms of social cooperation. · Rawls’s most important principle (the Liberty Principal) states that every individual has an equal right to basic liberties. Rawls believes that “personal property” constitutes a basic liberty, but an absolute right to unlimited private property is not. · Rawls's argument for his principles of social justice uses a thought experiment called the “original position”, in which people select what kind of society they would choose to live under if they did not know which social position they would personally occupy. “Justice is the first virtue of social institutions, as truth is of systems of thought. A theory however elegant and economical must be rejected or revised if it is untrue; likewise laws and institutions no matter how efficient and well-arranged must be reformed or abolished if they are unjust. Each person possesses an inviolability founded on justice that even the welfare of society as a whole cannot override. For this reason justice denies that the loss of freedom for some is made right by a greater good shared by others. It does not allow that the sacrifices imposed on a few are outweighed by the larger sum of advantages enjoyed by many. Therefore in a just society the liberties of equal citizenship are taken as settled; the rights secured by justice are not subject to political bargaining or to the calculus of social interests.” Joseph Nye 1937 – Present Born: United States Resides: United States · American political scientist and co-founder of the international relations theory of neoliberalism (a theory concerned first and foremost with absolute gains rather than relative gains to other states), developed in the 1977 book Power and Interdependence. He is noted for his notion of “smart power” (“the ability to combine hard and soft power into a successful strategy”), which became a popular phrase with the Clinton and Obama Administrations. · Secretary of State John Kerry appointed Nye to the Foreign Affairs Policy Board in 2014. In 2014, Nye was awarded the Order of the Rising Sun, Gold and Silver Star in recognition of his “contribution to the development of studies on Japan-U.S. security and to the promotion of the mutual understanding between Japan and the United States.” · From 1977 to 1979, Nye was Deputy to the Undersecretary of State for Security Assistance, Science, and Technology and chaired the National Security Council Group on Nonproliferation of Nuclear Weapons. In recognition of his service, he was awarded the State Department's Distinguished Honor Award in 1979. In 1993 and 1994, he was Chairman of the National Intelligence Council, which coordinates intelligence estimates for the President, and was awarded the Intelligence Community's Distinguished Service Medal. In the Clinton Administration from 1994 to 1995, Nye served as Assistant Secretary of Defense for International Security Affairs, and was awarded the Department's Distinguished Service Medal with Oak Leaf Cluster. Nye was considered by many to be the preferred choice for National Security Advisor in the 2004 presidential campaign of John Kerry. · Nye has been a member of the Harvard faculty since 1964. He is a fellow of the American Academy of Arts & Sciences and a foreign fellow of The British Academy. Nye is also a member of the American Academy of Diplomacy. The 2011 TRIP survey of over 1700 international relations scholars ranks Joe Nye as the sixth most influential scholar in the field of international relations in the past twenty years. He was also ranked as most influential in American foreign policy. In 2011, Foreign Policy magazine named him to its list of top global thinkers. In September 2014, Foreign Policy reported that the international relations scholars and policymakers both ranked Nye as one of the most influential scholars. “When you can get others to admire your ideals and to want what you want, you do not have to spend as much on sticks and carrots to move them in your direction. Seduction is always more effective than coercion, and many values like democracy, human rights, and individual opportunities are deeply seductive.” Karl Popper 1902 – 1994 Born: Austria-Hungary Died: England · Karl Popper is generally regarded as one of the greatest philosophers of science of the 20th century. He was a self-professed critical-rationalist, a dedicated opponent of all forms of scepticism, conventionalism, and relativism in science and in human affairs generally and a committed advocate and staunch defender of the ‘Open Society’. · In ‘The Open Society and Its Enemies’ and ‘The Poverty of Historicism’, Popper developed a critique of historicism and a defense of the “Open Society”. Popper considered historicism to be the theory that history develops inexorably and necessarily according to knowable general laws towards a determinate end. He argued that this view is the principal theoretical presupposition underpinning most forms of authoritarianism and totalitarianism. He argued that historicism is founded upon mistaken assumptions regarding the nature of scientific law and prediction. Since the growth of human knowledge is a causal factor in the evolution of human history, and since “no society can predict, scientifically, its own future states of knowledge”, it follows, he argued, that there can be no predictive science of human history. For Popper, metaphysical and historical indeterminism go hand in hand. · Popper is known for his vigorous defense of liberal democracy and the principles of social criticism that he believed made a flourishing open society possible. His political philosophy embraced ideas from major democratic political ideologies, including socialism/social democracy, libertarianism/classical liberalism and conservatism, and attempted to reconcile them. “Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them. In this formulation, I do not imply, for instance, that we should always suppress the utterance of intolerant philosophies; as long as we can counter them by rational argument and keep them in check by public opinion, suppression would certainly be most unwise. But we should claim the right to suppress them if necessary even by force; for it may easily turn out that they are not prepared to meet us on the level of rational argument, but begin by denouncing all argument; they may forbid their followers to listen to rational argument, because it is deceptive, and teach them to answer arguments by the use of their fists or pistols. We should therefore claim, in the name of tolerance, the right not to tolerate the intolerant. We should claim that any movement preaching intolerance places itself outside the law, and we should consider incitement to intolerance and persecution as criminal, in the same way as we should consider incitement to murder, or to kidnapping, or to the revival of the slave trade, as criminal.” Lawrence Summers 1954 – Present Born: United States Resides: United States · American economist, former Vice President of Development Economics and Chief Economist of the World Bank, senior U.S. Treasury Department official throughout President Clinton's administration, Treasury Secretary 1999–2001, and former director of the National Economic Council for President Obama (2009–2010). Summers served as the 27th President of Harvard University from 2001 to 2006. Current professor and director of the Mossavar-Rahmani Center for Business and Government at Harvard's Kennedy School of Government. · As a researcher, Summers has made important contributions in many areas of economics, primarily public finance, labor economics, financial economics, and macroeconomics. Summers has also worked in international economics, economic demography, economic history and development economics.[ He received the John Bates Clark Medal in 1993 from the American Economic Association. In 1987, he was the first social scientist to win the Alan T. Waterman Award from the National Science Foundation. Summers is also a member of the National Academy of Sciences. · In 1983, at age 28, Summers became one of the youngest tenured professors in Harvard's history. In 2006, Summers resigned as Harvard's president in the wake of a no-confidence vote by Harvard faculty. Summers viewed his beliefs on why science and engineering had an under-representation of women to be a large part in the vote, saying, “There is a great deal of absurd political correctness. Now, I'm somebody who believes very strongly in diversity, who resists racism in all of its many incarnations, who thinks that there is a great deal that's unjust in American society that needs to be combated, but it seems to be that there is a kind of creeping totalitarianism in terms of what kind of ideas are acceptable and are debatable on college campuses.” · As the World Bank's Vice President of Development Economics and Chief Economist, Summers played a role in designing strategies to aid developing countries, worked on the bank's loan committee, guided the bank's research and statistics operations, and guided external training programs. The World Bank's official site reports that Summer's research included an “influential” report that demonstrated a very high return from investments in educating girls in developing nations. According to The Economist, Summers was “often at the centre of heated debates” about economic policy, to an extent exceptional for the history of the World Bank in recent decades. · In 1999 Summers endorsed the Gramm–Leach–Bliley Act which removed the separation between investment and commercial banks. In February 2009, Summers quoted John Maynard Keynes, saying “When circumstances change, I change my opinion”, reflecting both on the failures of Wall Street deregulation and his new leadership role in the government bailout.
Next: some jobs are location-based, some are remote. Majority is remote, and are a perfect opportunity for you to earn bitcoin online. Location-based, on-site jobs might be even more lucrative, however they might require higher skill-sets and relocation. Jobs that pay in crypto might be both technical and non-technical. If you are a developer ... Today's top 312 Bitcoin jobs in United States. Leverage your professional network, and get hired. New Bitcoin jobs added daily. Launched originally in 2015 as the Chicago Bitcoin Center by globally renowned blockchain thought leader Matthew Roszak, the Chicago Blockchain Center is an educational resource, community facilitator and ecosystem hub for all things blockchain and cryptocurrency in Chicago. Through our Elevate, Collaborate, Educate mission, we believe in the untapped potential of this city to help nurture ... Find jobs, benefits and insider info about Athena Bitcoin Inc., a Fintech, Payments company in Chicago. Office address: 1046 W Kinzie unit 301 Chicago, IL 60642 United States 352 Bitcoin jobs available on Indeed.com. Apply to Operations Associate, Risk and Compliance Investigator, Onboarding Manager and more!
Bienvenido! Si te gusto el video dale Like y Suscribite! Welcome! If you like please like and subscribe! ganar dinero desafio ganar dinero ganar dinero por i... STAND UP: Quality Time: Marathons - https://www.youtube.com/watch?v=Xpu6jnv_Y90&list=PLj4Ma7xmMj4sAtSkltvF707LHsVTKA7TS&index=2& Horses - https://www.youtube... My #1 Recommendation To Make a Full-Time Income Online. CLICK HERE https://bigmarktv.com/Start/ Copy & Paste Videos and Earn $100 to $300 Per Day - FUL... How to Prepare for the Next Market Crash. We've all seen the headlines, news articles, and obvious signs that we're headed into a recession, most likely in 2... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.