COVID
There are 19 active community cases in Australia and they are all still in Victoria. Here’s a chart from COVID19Data
Children with COVID have no symptoms, and continue running around driving their parents crazy. First person vaccinated in Australia. Check out the video, V for vaccine. HAHA. Governments are predicted to force mandatory vaccination through denial of service, think air travel, theater attendance, and you will need to download an app to prove vaccination. And business will be allowed to discriminate. Sounds awfully like pre world war 2 Germany if that’s the case. Most of us sit in group 4 of vaccine roll out. Feels still too early for long term side-effects.
Checking out COVID Vaccination data, it looks like Israel is in the lead, following by UAE, and then the UK.
Just because we complete vaccination roll out, it doesn’t mean international borders will open. In fact don’t expect economic recovery unless every major trading partner is also vaccinated. We’re not expecting any major influx of international students this year.
The world has moved lower again with 24,832,570 active cases. Total deceased is now at 2,473,230, which means that is also slowing. Bill Gates talking about pandemics is interesting, he’s been warning everyone for years.
Markets and Economics
How are markets doing? Like a dinosaur.
The Australian dollar is getting closer and closer to ZERO!
Here’s an easy 7 min introduction to bitcoin, that breaks it down so that everyone can understand – even for Jess who normally glosses over the economic and markets section of the weekly update. *hint hint*
Bitcoin is trading at $56,400 USD or $72,400 AUD. It now has a market cap of $1 Trillion USD. People don’t want to buy BTC because it’s too volatility, is basically saying I don’t want to make money too fast. And no, you don’t have to buy 1 whole bitcoin, you can buy a fraction of a bitcoin, like for example $100 worth.
Morgan Stanley thinks bitcoin will replace USD. Blackrock is dabbling in bitcoin. Why does everyone think Oracle will buy bitcoin? Because Larry Ellison sits on Tesla’s board of directors. And so does James Murdoch.
This old man think Elon is taking a big gamble with bitcoin. Ok boomer. And just a casual reminder that Bitcoin doesn’t care. People laughed on TV about $55k BTC, probably no one is laughing now that is actually at $55k. Another university professor says the value should be zero. But he has said that when it was at $20k
This guy celebrated when it hit $100. This is how the bubble popped.
Is bitcoin a fad? This newspaper article once said the Internet was a fad.
Is it still time to buy bitcoin? I’ll let you find out.
Here’s a good starter list and comparison of Bitcoin wallets.
Australian are overdosing on household debt yet again. Stemming the New Zealand house price nose bleed. Last years super withdrawal allowed lots of people to get a deposit and buy a house. It is argued that super should be allowed for people to do that, or super should be banned from investing in property entirely. Federal politician essentially admits Australians are slaves. Are we in an everything bubble? Hard To tell.
Don’t just sleep walk into a world of the great reset. We all need to do something to prevent the global elite from concentrating planning into the shadows.
Here’s the situation – You are at a huge sporting event, grand final at the MCG (Melbourne’s big sporting stadium for those people who never been to Australia). It’s grand final every day in fact. Everyone is gathered there, everyone is there to watch the game. There’s also people there to sell food, there lots of places for advertisement, there are also people there selling the newspaper, herald sun newspaper in fact. Suddenly the government steps in and tells the owners of the MCG you are making too much money, and that they need to pay the newspaper sellers a few million dollars for them to continue selling newspaper at the MCG. The owners of the MCG say screw that, we not paying newspapers owners, they are now banned to avoid breaking the law. Gov fights back and goes everyone should be outraged. Newspaper starts running front page news going how MCG have monopoly on sporting events, and everyone should stop attending footy matches. People start shouting that people should not go to grand final anymore….. And that is the reality of what is happening with the Facebook news ban.
No one goes to the footy to read a newspaper. No one is going to stop going to the footy because the newspapers are not allowed to be sold there anymore. No one is deleting Facebook, in fact it’s probably better now cause no one is sharing stupid newspaper articles and clogging up people’s new feed. The law is there to tell one billionaire (Zuckerberg ) to pay another billionaire (Murdoch). This is just a huge misallocation of capital and shows that it’s not a free market.
Some people my cry about it. All of these people are idiot sandwiches.
Zuckerberg is a monster operator to have grown a company to that size. And I feel this is the right move by them. Well played Zucks, well played.
To think more clearly we must react less to things that doesn’t matter. Follow ideas and insight instead of some monkey who has a large pile of bananas.
Tech
Citibank are getting schooled in importance of good UI. When you implement stuff that’s not intuitive, and then you make a mistake then it’s your fault.
There is no such thing as a startup within a big company. I’ve said it many times, innovation doesn’t happen within large institutions, it happens at the fringe. Collaborating ideas between different people from different backgrounds leads to innovation.
Chrome eats RAM like crazy and slows your computer down, so much so that I haven’t even installed in my new desktop which has 32gb of RAM.
Some things to learn
- Some python code to split email addresses.
- Get a basic understanding of Elliptical Curve Cryptography.
- Don’t allow apps to track what app you are using on your iPhone. Make sure you turn that off.
Looking for a video game on sale? Maybe check Is there any deal or similar sites.
Other Stuff
How to plan your career. (Really long read!).. Don’t think the following person got the job.
TOP 3 common mistakes that climbers make. I think I’m still making these mistakes.
If you live in Sydney, you can drop off your funnel web spider for venom milking. **shudders**
How to teach your kid to hold a pencil correctly. Use a Peg! This is ingenious!
Collages is mainly for fun, but they are not for learning. You need to hire people who can demonstrate some sort of exceptional ability. Going to school and getting a degree is not a demonstration of that.
Look at Steve Job’s definition of smart. Don’t forget that I know nothing and you should verify everything for yourself. All of my expertise that you think I have come with a prefix of “armchair-“
Have a good week.