Binance and Huobi support Hive hard fork

5 min readNov 27, 2020

The Global Embolization and Oncology Symposium Technology (GEST) has announced that it will take place virtually this year. Previously planned to be hosted in New York, USA, on 2–5 September, the event will now be online from

Perfect money does not exist, of course, but gold is the closest thing to it. The shiny metal might be a pet rock or a barbarous relic to some, but it has remained the most stable asset over the last 5000 years, granting stability every time monetary collapse ensues; the best candidate to replace whatever the elites claim is backing the fiat monetary system. In the early 1800s, during the first of George Friedman’s U.S. socioeconomic cycles, the greed of the Second Bank of the United States’ stockholders created an economic depression. To enrich themselves, they issued paper currency with no

backing, prompting rampant speculation, ultimately leading to a crash.
The 1837 Panic ensued as President Andrew Jackson, a sound money advocate, had responded to the speculation by backing the U.S dollar with gold and silver to purge economic deformities from the previous cycle. The economy remained somewhat stable until America fought a civil war thirty years later. Abraham Lincoln’s government committed the same economic suicide as the shareholders of the now-defunct Second Bank of the United States. Issuing vast sums of paper currency to finance the Civil War — plus speculation on railways — drove America into yet another depression, which led to the Coinage Act of 1873 where President Ulysses S. Grant enacted the de facto gold standard to suppress malinvestment and inflation.
This period in U.S. history is what American’s should expect when the next

crisis unfolds, only this time with a modern twist. The next major collapse will coincide with both the mass adoption of crypto and the resurgence of commodity money. Crypto suits an increasingly technological world in which we desire speed, security, and privacy. Using precious metals as a currency — trading in grams, and transporting freight loads between parties like in the California Gold Rush of 1848 — is a crazy proposal for a modern medium of exchange. Transacting with a crypto wallet beats transacting with a gold debit card, hands down.
Crypto, however, isn’t perfect money either. At best, it’s a currency without commodity backing. Though we live in a society where the elites have replaced gold with debt, this doesn’t mean we must continue their mission to destroy money’s intrinsic value. As history shows, we need a gold-backed currency to reverse the sickness that fiat currencies have inflicted on society, and to have any chance of preventing elites from siphoning off wealth for themselves via monetary manipulation.
Only when the great reset occurs — where the fiat system relinquishes, and money regains its value, meaning, and purpose — will we know whether this new monetary paradigm will be governed by the people for the people, or by the same type of elites who always finds a way to exploit the system. It’s obvious which outcome will create a better, fairer, juster world, but it’s also clear, based on history, that the power will end up in the hands of a more autocratic, digitally empowered elite. Is this the moment when the people finally rise up and take charge? We’re about to find out.

In an email addressed to the “GEST Community”, the GEST course directors write: “After careful consideration, GEST 2020 will go Virtual to protect the health and safety of our global community.

“GEST Meets Virtual 2020 will include both live interactive virtual sessions and an on-demand e-library. The GEST committees and faculty have been working diligently finalizing the virtual program. Stay tuned over the next week for the updated program!

Trump — on his own and through his hapless surrogates — is throwing a tantrum. I use that word specifically because saying Trump is angry sounds too thoughtful, and it is time to stop paying any respect to this man’s constant keening over himself.

At first, the word in Washington was that Trump refused to take action on the coronavirus because he didn’t want to help blue states. Now that red states are being racked by the virus we can put that theory aside. On top of being hurt at our country as a whole for rejecting him, Trump is a preening, self-obsessed

man who was always too small and cowardly to serve the people of the US. The rest of the world has been outpacing his skill for decades now, and this fresh reminder of his own limits is throwing him into a fit.

We are not having any more children. In large part, due to my realizing that I actually hate motherhood, I think this is the best decision. I would actually go crazy if we had another. Thankfully my husband is on board with this. But I see people getting pregnant and having their second and third kids, and I wonder what I’m doing so wrong and why I hate it so much.

Counteract that cognitive bias by signing up for less than what you think you can realistically handle — or moving a few things off your plate. That goes for your social plans, work projects, and anything on your personal to-do list.

What will the new reserve currency look like? Will gold or crypto become the reserve asset, stabilizing the system, creating a new monetary order? This debate between the crypto nuts and gold bugs is unwarranted since both assets will play a part. Like gold, crypto is unviable as currency and money. To the dismay of hardcore fans within each group, these two communities will unite, creating a truce. Crypto will be used as currency; gold will be used as money — and the feud between the crypto nuts and the gold bugs will come to an end. Together, they will fix each other’s flaws.

Binance and Huobi support Hive hard fork

Written by mahamud