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UK raises company tax to 25% as pandemic assist hits £ 407 billion

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Chancellor of the Exchequer Rishi Sunak holds the budget box in front of 11 Downing Street in central London ahead of the Spring Declaration announcement at the House of Commons on March 3, 2021 in London, England.

Wiktor Szymanowicz | Barcroft Media | Getty Images

LONDON – UK Treasury Secretary Rishi Sunak announced on Wednesday that UK corporation tax will rise to 25% in April 2023 as the government tries to restore public finances following the Covid-19 pandemic.

In its budget statement on Wednesday, Sunak said the changes would take effect after the Bureau of Budgetary Responsibility, a public body that provides independent projections, expects the economy to return to pre-Covid levels.

Second, I protect small businesses with profits of £ 50,000 ($ 69,816) or less by creating a small profits rate that is held at the current rate of 19%, “Sunak told the House of Commons. “This means that around 70% of companies – 1.4 million companies – remain completely untouched.”

Above £ 50,000 a taper will be introduced so that only companies with a profit greater than £ 250,000 will be taxed at the full 25% tax rate.

GDP forecasts

The OBR now expects the UK economy to return to pre-Covid levels by mid-2022. GDP will grow by 4% in 2021 and 7.3% in 2022.

However, the government has set a peace record of £ 355 billion, 17% of GDP, since the pandemic broke out, and expects to raise another £ 234 billion (10.3% of GDP) next year. Borrowing will then drop to 4.5% of GDP in 2022/23 and to 3.5% in 2023/24. Underlying debt is projected to rise from 88.8% of GDP this year to 93.8% next year, peaking at 97.1% in 2023/24.

“While it is right to help people and businesses in an acute crisis like this, in normal times the state should not borrow to pay for day-to-day public expenses,” Sunak said.

Second, in the medium term, we cannot allow our debts to grow any further, and given the size of our debts, we must pay close attention to their affordability. Third, it makes sense to use lower interest rates to invest in capital projects that can fuel our future growth. “

Sunak also announced the freeze on personal tax thresholds, eliminating the “added value created when thresholds continued to rise with inflation”.

Labor opposition leader Keir Starmer accused Sunak’s budget of “papering the cracks rather than rebuilding the foundations of the UK economy”.

Covid’s answer is £ 407 billion

The budget will be provided as the nationwide Covid-19 restrictions will be gradually lifted in the coming months and will be fully removed on June 21. More than 20 million people in the UK have now received a first dose of vaccine.

The government embarked on unprecedented public spending as the 2020 economy saw its sharpest decline in more than 300 years. At Sunak’s last budget announcement in November, he unveiled the country’s largest peace budget ever recorded.

On Wednesday, Sunak announced further budget measures worth £ 65 billion for FY 2021/22, bringing the total government response since the pandemic started at £ 407 billion.

This included an extension of the country’s vacation program and a weekly increase in the Universal Loan, UK Social Security payment, by £ 20 per week, plus an additional £ 5 billion in grants to businesses to help reopen.

As of April, non-essential retail stores will receive grants of up to £ 6,000 per building, while hospitality and leisure establishments later opened in line with the government’s gradual easing of restrictions can receive up to £ 18,000.

The coronavirus job retention program will continue to subsidize 80% of the wages of workers on leave through September. However, companies are being asked to contribute 10% in July and 20% in August when the economy reopens.

Sunak also extended the reduced VAT rate of 5% (VAT) through September 30, along with further reductions in business rates and stamp duty, as well as other self-employed grants.

Contactless debit card limit will be increased to £ 100 to further relieve consumer spending.

Use paper-like garlic peels so as to add nice taste to the broth

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Illustration for article titled Use Paper Garlic Peel to Add Great Flavor to the BrothPhoto: Mauro Fermariello (Shutterstock)Eating trash with ClaireEating trash with ClaireThe series in which Claire Lower convinces you to turn your kitchen waste into something edible and tasty

Dealing with garlic peel has always been my least favorite part of peeling garlic. They either stick to my fingers or float in the kitchen, carried by a gentle breeze, before settling on random appliances. But I don’t get angry with them anymore, dear ones, because they turn out to be a damn broth.

Illustration for article titled Use Paper Garlic Peel to Add Great Flavor to the Broth

I saved long onion skins for broth and I don’t know why I didn’t do the same thing with garlic. The outer, more papery pieces don’t have much flavor, though they can help color your broth, but the stuff you pull right off the clove – the sticky paper sticking to your fingers? -, that stuff is coated in goodness of garlic.

Although I’d read about adding garlic peel to broth before, I was initially skeptical that they would do so much in terms of taste, so I gathered a couple of these (a couple of onions) and added them to a saucepan with a couple of cups of water.

After only 10 minutes of simmering, my kitchen was filled with the faint, earthy and pungent aroma of garlic. After 15 minutes – and after sifting out the bowls – I had a golden, fragrant liquid that tasted decidedly garlicky and quite tasty.

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Illustration for article titled Use Paper Garlic Peel to Add Great Flavor to the BrothPhoto: Claire Lower

Of course, this means that you should Keep garlic peels in your “storage bag”. (along with all the other wonderful vegetable scraps you hoard for such a purpose) but don’t turn down the idea of ​​a plain broth with only garlic peel. This stuff is insanely flavorful, lasts a quarter of an hour, and can be used to add the goodness of garlic to a wide variety of dishes. Use it instead of water if you can Make rice, stir it into sauces and saucesor – the hell – sip it when you have a cold.

This story was originally published in August 2017 and was updated on March 2, 2021 for clarity and to reflect Lifehacker’s current style guidelines.

Patrick Mahomes and fiancee Brittany Matthews set wedding ceremony date

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Just over a week after greeting their first child Patrick Mahomes and Brittany Matthews are ready to celebrate.

The NFL superstar quarterback’s fiancée took to Instagram Monday March 1st to share photos from an adorable shoot the couple cuddled together. She also took the opportunity to announce that they have selected a date and location for their upcoming wedding.

“It’s wedding planning time [woman-with-veil emoji]”She gave the post a title.” We have a date and a location, wahoooooo. “

Although the fitness influencer hasn’t specified exactly where or when the upcoming ceremony will be held, she has added hashtag # 2022, which means they will have another year to prepare for the special moment.

Brittany and Patrick, both 25, had a busy start to 2021. Less than two weeks after Patrick and his Kansas City Chiefs played LV at Super Bowl, they ultimately lost to Tom Brady and the Tampa Bay Buccaneers, he and his former high school sweetheart, greeted the daughter sterling on February 20th.

How one can Shortly Scan Paperwork on Your Mac Utilizing Your iPhone

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I don’t use my Mac and iPhone together as often as I should. I generally tend to have tasks done on one side or the other instead of hand over my work between the two platforms. I could change this though as I see how easy it is to trigger my iPhone’s document scanning capabilities from my Mac.

That sounds a little nerdy and niche – and it is – but I envision a setup where someone pats their iPhone on a cheap tripod, points it at a table, and mixes papers with it. And instead of having to keep tapping the phone to take pictures of those documents that could inevitably crowd out of their position, scanning the batch documents from the Mac sounds like a snapshot.

Thanks to The edge (and the TikToker they found) to bring this hack to my attention. First, make sure your Mac is running macOS Mojave (at least) and your iPhone is using iOS 12 (at least). Both must have WiFi and Bluetooth enabled and both must (obviously) be signed in to the same Apple ID.

Then you want to call an application that has the function “Pass-through camera”Function – a list of them You will find here. We’ll use Notes as an example of this. Simple in every old note Ctrl + click To start your context menu, select the “Scan Documents” option on your phone, which should appear at the bottom of the menu.

Illustration for article titled How to Quickly Scan Documents on Your Mac Using Your iPhoneScreenshot: David Murphy

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When you do this, your iPhone will immediately go into camera mode. When it detects a document, it automatically scans its contents and asks you whether or not you want to keep the photo:

not definedScreenshot: David Murphy

The only downside to this little trick is that you have to tap your iPhone to save or discard the document scan. Select the former and it will automatically appear in the Mac app you are using – it’s that simple.

In a perfect world, you can save or discard the photo right from your Mac. And maybe one day this option will appear. Until then, the Continuity Camera isn’t perfect for scanning documents, but it does make the whole process a lot more convenient. This is even more true when you have a number of documents that you want to scan in one setting. You still need to tap your phone a little, but at least it’s much faster than uploading your recordings to iCloud, waiting, downloading it to your Mac, and positioning it in the document you were working on.

Me? I just save them all in one folder as Continuity Camera works right out of the Finder too. As an added bonus, anything you scan with your iPhone is automatically converted to a PDF file.

Texas, Mississippi Elevate Covid Restrictions Regardless of CDC Warnings

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Texas Governor Greg Abbott speaks during an Operation Warp Speed ​​Vaccination Summit at the White House in Washington, DC on Tuesday, December 8, 2020.

Al Drago | Bloomberg | Getty Images

Texas and Mississippi governors both announced Tuesday that they were lifting mask mandates and allowing companies to reopen at full capacity even as the decline in daily Covid-19 cases slows and federal officials urge states to exercise caution.

Texas Republican Governor Greg Abbott said at a press conference at Montelongo’s Mexican restaurant in Lubbock that he would issue a new executive order that will lift most of his previous Covid-19 restrictions, including a statewide mask mandate. He added that all companies should open “100%” effective March 10th.

“Removing statewide mandates does not end personal responsibility,” Abbott said in a crowded dining room where many did not wear masks. “It’s just that government mandates are no longer needed.”

“It is now time to open Texas 100%,” he added. Abbott had refrained from issuing a mask mandate until the summer when Covid cases surfaced in the state.

At around the same time as Abbott’s utterances, Mississippi Republican governor Tate Reeves announced in a separate press conference that he was lifting all masked mandates in the county and lifting statewide restrictions on almost all businesses.

“I’m replacing our current orders with referrals,” Reeves said. “The only rules that stay in this order are a 50% capacity limit for indoor arenas and those governing K-12 schools.”

Reeves and Abbott both cited the declining number of new Covid-19 cases and the increasing availability of vaccines as reasons for lifting restrictions. However, federal officials warned that the decline in new cases appears to be stalling and that the emergence of new coronavirus variants could lead to a resurgence.

And while Covid-19 vaccines are increasingly available across the country, CDC scientists have warned the country is far from herd immunity if enough people cannot immunize the virus who cannot spread throughout the community .

On Monday, CDC Director Dr. Rochelle Walensky state officials from being too quick to lift public health restrictions.

Walensky said at a Covid-19 briefing at the White House that while the number of new cases had declined rapidly since the peak in January, the decline appears to be flattening out with a worryingly high infection rate. She added that the spread of new, more contagious variants of the coronavirus poses a new threat that could reverse the nation’s progress, even if vaccines are introduced.

In the past seven days, the US reported an average of more than 67,700 new cases a day, according to Johns Hopkins University. That’s well below the high of about 250,000 new cases per day the country reported in January, but it’s still above the infection rate the U.S. saw in the summer when the virus swept the sun belt.

“At this level of cases where variants spread, we will completely lose the hard-earned ground we gained,” she said. “With these statistics, I’m really concerned that more states are rolling back the exact public health measures we have recommended to protect people from Covid-19.”

“Please listen to me clearly: at this level of cases with spreading variant, we are going to completely lose the hard-earned ground we have gained,” she said.

– CNBC’s Berkeley Lovelace Jr. contributed to this report.

What are NFTs? Every little thing you must find out about crypto collectibles

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A virtual work of art called “Everydays: The First 5000 Days”. It was designed by digital artist Beeple and is the first NFT-based artwork to be auctioned at Christie’s.

Christie’s

From art to sports trading cards, people spend millions of dollars on digital collectibles.

These crypto collectibles, known as NFTs, have become increasingly popular lately. A video clip by digital artist Beeple, whose real name is Mike Winkelmann, was shot last week for a record $ 6.6 million. It was originally purchased for around $ 67,000.

Meanwhile, one of thousands of computer-generated avatars called CryptoPunks has sold for $ 2 million. And a crypto-art rendition of the 2011 Nyan Cat meme sold for about $ 590,000 in an online auction.

At the same time, critics see the NFT mania as yet another potential speculative madness in crypto that is sure to come to a standstill at some point.

What are NFTs? And why are they suddenly being sold for millions? CNBC goes through everything you need to know.

What are NFTs?

NFTs, or non-fungible tokens, are a new type of digital asset. Ownership of these assets is recorded on a blockchain – a digital ledger similar to the networks on which Bitcoin and other cryptocurrencies are based.

But unlike most virtual currencies, you cannot exchange an NFT for dollars or gold bars in the same way. Each NFT is unique and acts as a collector’s item that cannot be duplicated, which is inherently rare.

You can think of these as a crypto alternative to rare Pokémon or baseball cards.

The rise of the internet meant everyone could watch pictures, videos and songs online for free. People buy NFTs out of the belief that thanks to blockchain, they can prove ownership of a virtual object.

NBA Top Shot, an NFT platform based on the US basketball league, allows users to buy and sell short clips that show the highlights of star players’ games. The NBA licenses the roles to Dapper Labs, a start-up that digitizes the footage and creates limited scarcity. According to the website CryptoSlam, NBA Top Shot has had sales of over $ 277 million to date. Dapper Labs earns a cut on every transaction while the NBA receives royalties.

Basketball isn’t the only sport that deals with crypto. With the French start-up Sorare, users can collect and play officially licensed soccer cards in fantasy games. Sorare’s marketplace has generated over $ 21 million in revenue to date, according to NFT data tracker NonFungible. Sorare announced last week that it had raised $ 50 million from investors including Benchmark, Accel and Reddit co-founder Alexis Ohanion.

“It’s an obvious use case for NFTs in the industry,” said Lars Rensing, CEO of blockchain company Protokol. “Trading cards and collectibles have always been a profitable source of income for clubs.”

Art dealers are now also involved, as Christie’s auction house is holding an auction for a virtual work of art by Beeple. The auction is still ongoing, but up to $ 3 million of the work has already been bid.

NFTs are not a new phenomenon. One of the earliest examples, CryptoKitties were once so popular that they clogged the digital currency ether network. To date, CryptoKitties have had sales of over $ 40 million, according to NonFungible.

Why are they so popular?

The coronavirus pandemic played a big role in the NFT boom. Last year, the total value of NFT deals quadrupled to $ 250 million, according to a study by research firm L’Atelier, affiliated with NonFungible and BNP Paribas.

This is due in no small part to the restrictions on staying at home which resulted in people spending a lot more time on the internet and saving money from not having to commute. It is similar to the surge of retailers betting on GameStop on other historically unloved stocks advertised on the Reddit board WallStreetBets.

Meanwhile, there is also a time when bitcoin, ether and other digital coins have increased in value and bitcoin briefly hit a market value of $ 1 trillion in the last month.

“Right now we live at a point in the world where the majority of the population spends 50% of their time online and a significant amount of their time on a PC,” claims Whale Shark, a pseudonymous NFT collector, amassed a collection worth over $ 2.7 million, said CNBC.

skepticism

Many investors buy NFTs as a speculative investment in the hopes that they can flip them over at a much higher price than originally tipped. But a growing number of people are also keeping them as collectibles for the long term.

“As with any cycle of technological hype, we begin with speculative activity, usually giving way to a more fundamental value,” Nadya Ivanova, L’Atelier’s chief operating officer, told CNBC.

“NFTs started in 2017. A lot was speculation. What we saw in 2020 is that the market is actually maturing.”

NFTs have attracted celebrities like Mark Cuban, Lindsay Lohan, and Gary Vaynerchuk, while big brands are also getting involved. And people are finding other use cases for NFTs, like virtual real estate and gaming.

Even so, the NFT room was received with skepticism by some artists and investors. Critics see this as yet another crypto fad that is similar to the first coin offerings from 2017 and ultimately becomes irrelevant. Unsurprisingly, the companies behind such tokens disagree.

“I think 99% of the projects that are in space today may not exist two or three years later, which is very similar to the ICO boom,” said WhaleShark.

Many NFTs cost Ether, the digital token on the Ethereum blockchain. The digital asset briefly hit a record price of more than $ 2,000 last month before plummeting $ 600 in a matter of days, reminding investors of the wild volatility of cryptocurrencies.

No meals is “dangerous” for you

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A Rad Brie that eats walnuts like it's a Pac-ManPhoto: OlegRi (Shutterstock)

We as a society are obsessed with the question of whether a particular meal is “good” or “bad” for us. But with the exception of things like poisonous mushrooms (which I wouldn’t classify as “food”), no food is bad for you.

The last time I saw a headline promising judgment on a particular food was it about cheesebut you know the guy. Coffee Is Or Isn’t Bad For You; Dairy Is Or Isn’t Bad For You; Eggs, butter, soy, fruit juice, whatever. However, if you are asking if a particular food is bad for you, you are already asking the wrong question.

Food cannot be healthy or unhealthy on its own. It is the bigger picture of how you eat that affects your health. The basics of a healthy diet are pretty easy to look up, and you probably already know them. Eat nutrient-dense foods, less processed products if possible, keep a reasonable number of calories, and limit sugar and saturated fat (ideally to less than 10% of the calories each).

What are you really wondering Do you like cheese and want to enjoy it without feeling guilty? You can only eat the cheese. Are you afraid of eating too much cheese? Well, add up the crap calories.

I wonder if we like to hear that food is “good” or “bad” so that we can immediately react emotionally to the purchase or the food. You might choose to watch a horror movie instead of a comedy just to stir emotions. Similarly, you might like to eat chocolate while thinking, “This is good for me, so it’s okay to enjoy.” Maybe it’s nowhere near as fun drinking a piece of chocolate while thinking, “Uh, just a different meal.”

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What science says

Every time a study of a particular food is published, its scope is limited and its methods indirect. Sometimes the researchers fed the feed, or more often an isolated chemical component of it, to animals (or sometimes even to humans) and measured a certain result of their biology. In other cases, large groups of people will be asked to fill out the form Food frequency questionnairesand conclusions are drawn from these people’s health outcomes, such as: B. their weight or their longevity or their rate of heart disease.

But in no case are we actually testing anything specific about the food. In the questionnaires, the investigators ask a question that goes something like this: What health consequences do people who eat a lot of cheese have in common?

There are many variables hidden in this question. For example, do people who eat a lot of pizza, either because they are too busy to cook or too poor to have a fancier takeaway, dominate the cheese-eating population? These studies are not drug trials where you can randomize people and put them into cheese or non-cheese groups. We all have varied diets, and the best a study can do is make generalizations about different people who eat different diets.

And when we look at the results, they often vary from study to study. One study could find that people who eat a lot of a certain food live a little longer than those who don’t. Another may find that they are slightly more likely to be overweight. Is it really fair to say that the first study showed that this food is “good for us” and the other is “bad”? I do not believe that. “Good” and “bad” are summary judgments of what food means for our health. It cannot be “good” and “bad” at the same time, even if both studies were done well and their conclusions are more or less accurate.

In the end, we can only really judge whether we are eating well overall, and there are many ways that we can do it. No single food has magical properties that override the rest of your diet. So let’s stop judging food as if it could be “good” or “bad” on its own.

Bitcoin: is cryptocurrency one of the simplest ways to earn a living?

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Financial guru Lacey Filipich gives us an overview of everything that has to do with Bitcoin and cryptocurrency. Should it be the new way for us to make easy money?

How would you feel if you paid A $ 630 million for a couple of pizzas?

Or lose a hard drive with the key for a cryptocurrency worth AUD 470 million?

With such astronomical figures, it’s no wonder Bitcoin is making the headlines.

Add in the world’s most controversial entrepreneur Elon Musk, who is buying the $ 1.5 billion worth of stuff, and you have some serious entertainment value.

But with every Conman and his dog flooding our inboxes with opportunities to “make tens of thousands of dollars a day from crypto,” it’s fair to be skeptical about this financial innovation.

Before you can break through the hype – and the FOMO – to decide whether or not crypto is right for you, it’s important to understand a few things, especially:

  • What kind of blockchain is
  • how cryptocurrencies use blockchains, and
  • whether cryptocurrencies are considered assets.

Bitcoin and blockchain are often merged. They are not the same. Let’s start with the underlying technology …

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Before deciding whether or not crypto is right for you, it is important to understand a few things. Image: iStock

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What is a blockchain?

Blockchain is an encryption technology. It was developed in 1992 with online shopping in mind. The creators wanted to time stamp transactions in a way that would be impervious to fraud.

We traditionally manage transactions through a central ledger. This is usually done through banks that keep their own books. When we buy something, the merchant sends a message to the bank that we have made this transaction. The bank adds this information to the ledger and calculates our balance.

The same thing happens when we send money to other bank accounts. It goes through a clearing process, there are checks and balances, and we pay the bank for the privilege of making sure that all of our dollars are booked.

A blockchain means you don’t need a bank to check if a transaction has taken place.

Instead, each participant has a unique identifier that cannot be easily stolen or hacked (unlike credit cards, for example). When the transaction takes place, it is not monitored by a third party – it is recorded by all users of the system in a distributed ledger.

If you try to modify your copy of this distributed ledger, it will not match any of the other copies and a red flag will appear. This prevents fraud, which is why blockchains are affectionately known as trust machines.

For those interested in the technology, the blockchain is made up of two parts: the block and the chain.

Everyone block encodes information about a group of transactions. When the block has reached its transaction capacity, a new block is created and linked to the previous block. This link is the Chain little.

A blockchain can be used to record transactions wherever you have them – for example, to sign legal contracts. With this technology, you don’t need a third party to manage the process. You also don’t need to examine events to prove they happened. The blockchain naturally does this. This saves time and money related to these activities.

It can also be used for financial transactions, which leads us to …

What is a cryptocurrency?

A cryptocurrency is like any other currency except that it uses a blockchain to record its transactions, rather than a third party like a bank.

You have probably heard of the earliest cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) for example. Given the low barrier to entry (meaning you don’t have to be a bank), there are thousands of others and new ones keep popping up.

Cryptocurrency as a concept offers some key advantages:

  • It’s designed by nature to eliminate fraudulent transactions so you don’t need reviewers and the checks and balances we now rely on.
  • You don’t need a third party to run it, so don’t pay the 1.5-2% premium we banks paid over the last century to take on the role of chief accountant.
  • It’s 100% electronic so you no longer have to worry about banknotes and coins being issued as is now the case with fiat currencies. Without a hard currency, those who control the ledger can theoretically control inflation (a major incentive for countries).
  • Since the handling of cash is now inconvenient (thanks, COVID-19), crypto can also be viewed as hygienic!

As for the downsides, there are a few

Since today’s cryptocurrencies do not require a unit like a bank to monitor them, they can exist outside of legal jurisdiction.

Whether you could avoid paying capital gains taxes or fund criminal activity, it could be seen as a benefit by those looking to stay off the radar, but the ethical challenges of tax avoidance and financing terrorism outweigh that personal interest. Gone are the days when crypto was used to evade the Australian Tax Office (ATO) folks. You have a reconciliation program that if you try, you will eventually get anywhere.

Being outside of legal oversight means that market manipulation is hardly a deterrent. Where insider trading on the exchange risks massive fines and jail sentences, there is no such penalty for the crypto trader. This means that every average joe is at risk of getting done if (not when) a great player does something dubious.

Then there is electricity. Creating new blocks takes enormous amounts of energy to power the computers it needs. Crypto is not exactly an environmentally friendly option, as Bitcoin alone uses more electricity than entire countries like Argentina.

(If you’re wondering where all of the energy is coming from without the bank having to pay for it, crypto miners get cryptocurrency when they mine – i.e. generate – a new block in the chain, so the miners have an incentive to buy the hardware own and supply the energy.)

After all, it’s intended as a replacement for fiat currencies, but it’s not yet popular in the everyday sense. Most of us already shy away from a merchant who will pass on a 1% credit card fee. In one example, a bar in Sydney passes on the corresponding BTC transaction fee of $ 10 for every purchase. For a $ 10 beer, that’s a 100% charge. Not attractive.

Then there is the ultimate question that seems to have divided the financial world …

Is cryptocurrency and bitcoin the new way you should be making money right now?

Blockchain is an encryption technology. It was developed in 1992 with online shopping in mind. Image: iStock

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Is crypto an asset?

All currencies fall into the “money market assets” class, which is reserved for cash and cash equivalents. It’s liquid but doesn’t have much room for growth. Crypto probably belongs there, along with all fiat currencies like our Australian dollar.

If you stick to the Robert Kiyosaki definition of an asset – that it has to put money in your pocket – most cryptocurrencies will not qualify. You can only make money selling them as they don’t pay dividends or anything like that.

Where crypto creates confusion is recent rapid price growth.

When the first Bitcoin transaction was executed on May 22, 2010, Laszlo Hanyecz famously paid 10,000 BTC for two pizzas delivered – an event now known as Bitcoin Pizza Day.

As of this writing, one BTC is worth roughly AUD 63,000.

When two pizzas shipped are worth A $ 30, it means BTC has grown a whopping 2.1 billion percent in nearly 11 years.

Hard to get that kind of return anywhere else, isn’t it? No wonder so many people have crypto FOMO.

But: Between writing and publishing this article, nothing stands in the way of BTC doubling the price. Or cut in half. Or crash completely. Or go to a million dollars. It’s not a predictable currency right now as movements between AUD and USD are somewhat predictable regardless of what the crypto experts tell you.

Does that mean you should or shouldn’t buy some?

Personally, I wouldn’t invest any money to buy crypto. And for the record: I’ve bought and sold crypto in the past. I’m holding a tiny amount right now. I bought it with money I would otherwise have spent on supplies, not money I hope will fund my retirement. It’s a gamble if you will.

If I plan to keep playing – in the casino, the races, or the lottery – I would think about buying crypto instead. But I would hesitate to bet on such gains to continue. It would just be a nice bonus if they did.

If central banks switch to a version of the cryptocurrency that is monitored by the government – an e-dollar, for example – I’ll be thrilled.

Until then, it still seems a bit mischievous in the crypto scene. Be careful.

Lacey Filipich is the author of Money School: Get Financially Independent and Claim Your Life Back. She is a finance educator, chemical engineer and TEDx spokesperson.

Gary Oldman remembers sweating “vodka” earlier than he sobered up 24 years in the past

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Gary Oldman has been sober for 24 years, but the Mank star still remembers what it was like to “sweat vodka” and have a “black” tongue.

He tells the Los Angeles Times that his experience of recovering alcoholic gave a better understanding of this Herman Mankiewicz, whom he portrayed in the Netflix film Mank. Like the famous screenwriter, Oldman recalls thinking he would “get away” with his addiction because he was still at work.

Oldman explains, “Herman, with that self-deprecating sense of humor, he was at lunch drinking with a friend who said, ‘Why don’t you go home sober?’ And he replied: What? And have [his wife] Sara kicked me out as a cheater? ‘I did the same. I sat down and said to the waiter, “I’m going to have a large vodka tonic. And can you bring it with you now because I’m an alcoholic? I need it faster. ‘”

He adds that giving up the habit was more difficult because he associated alcoholism with great artists such as Ernest Hemingway.

“People romanticize it, and even I romanticized it,” says Oldman. “All of my heroes were drinkers or opium addicts, and you get all hazy eyes on these poets and playwrights and actors who were great drinkers.”

Keep away from utilizing these triggering phrases to explain individuals

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Illustration for article titled Avoid using these trigger phrases to describe peoplePhoto: Master1305 (Shutterstock)

Being labeled “crazy” is just for making you feel crazy. It is already a loaded term – an insensitive term for someone prone to riotous outbursts or violent behavior – but it is often used to describe someone who may not be conventionally “normal” behavior.

It is one of those words that we use too lightly, and it fits in with other insensitive, once ubiquitous terms that are now considered to be derelict (including “the R word”). Calling someone crazy may not be a big deal, but the word can be harmful, as comedian Dave Chappelle pointed out in a 2006 interview with Inside The Actors Studio. During the interview, he became noticeably frustrated talking about the idea of ​​labeling others as crazy, which was due to having escaped the limelight after a trip to Africa to gain media control over Chappelles’ success Withdraw show.

It seemed like a radical idea at the time, but Chappelle – for which there is no shortage of legitimate criticism his own problematic comments on the transgender community– was on something. And the feeling only picked up pace as social mores generally evolved to be less humiliating to people who struggle.

It goes way beyond labeling people as “crazy”: there are many other phrases that you should pick out of your vocabulary – with your co-workers and beyond – that other people could trigger, regardless of your own intentions to use them use.

Illustration for article titled Avoid using these trigger phrases to describe people

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Calling someone “crazy” or “crazy”

The idea of ​​being “crazy” or “insane” is inherently dismissive as it doesn’t even scratch the surface of what may be making the person sick. Being labeled insane reinforces a stigma suggesting that the person fighting is weak and somehow not living up to the standards of normality.

As Brenda Curtis, professor of Psychology in Psychiatry at Pennsylvania University, explains in 2018:

“One of the most common stereotypes about mental health and substance use disorders is the idea of ​​moral failure. A lot of people will think, “Oh, they’re just sad, get over it” or, “Oh, if you don’t want to do drugs just stop, no one made you do it.”

It is also an insult that is mostly hurled at women. Most of the time, it’s a word that’s pulled out To describe women, and often used by men– which are notorious Pressure seals of suppressed emotions. If a friend or co-worker is acting in a way that you find uncomfortable or bothersome, find an accurate way to talk to them about it. Don’t call her crazy.

Suggesting someone is “on the spectrum”

Comparing a person’s social tics or awkwardness with autism is similarly insensitive. In one fell swoop, you managed to play chair psychologist and paint the wide range of people with Autism Spectrum Disorder with a single brush at the same time. Again, comparing the perceived lack of communication with autism means whitewashing the more general circumstances they might be suffering from, whether or not autism is one of them.

There is a very specific list of symptoms that people with ASD and related disorders experience, such as: Asperger syndrome. You need to know what you are talking about before making this type of claim. If you use it casually, you are doing the person you are talking about and autistic people everywhere.

Illustration for article titled Avoid using these trigger phrases to describe people

Name your decent colleague “OCD”

Similar to ASD, you should never reduce a debilitating state to a verbal trifle. People who are extremely organized, tidy, and clean are often sent to a camp by others who observe behavior at the surface level and extrapolate larger judgments from there. Avoid using funky expressions that serve as overarching diagnoses for people who may be more focused on organization or neatness that you consider normal. Even if the person concerned doesn’t mind or uses it to describe their own behavior, it can harm someone who is genuinely suffering from the disease by making it seem like a simple nuisance.

In reality, Obsessive Compulsive Disorder is a mentally distressing illness that is at war with one’s emotional state. As Lisa Whittington-Mill recently wrote about her struggles with obsessive-compulsive disorder::

If the voice in my head isn’t telling me to check the stove repeatedly to make sure it’s turned off or my apartment catches fire, the voice is telling me that I’m imperfect – I’m a failure for not having it can silence. So I push myself to work harder, do better, and achieve more. I am so disappointed with myself that I channel that frustration into a near-impossible level of perfectionism. Stress only makes it worse. When there are things that I cannot control, I focus on my compulsions – which sometimes feel like what I can control.

Calling a thin person “anorexic” or “bulimic”

This is perhaps the most obvious example, but a discussion of a person’s body in these terms (private or otherwise) should never be conducted. Around 20 million women and 10 million men You will suffer from an eating disorder at some point in your life and fight against psychologically and physically harmful urges. Saying that everyone you consider to be underweight has an eating disorder creates a stigma of mental instability in the person you are referring to – someone who might very well and need not have body dysmorphism or an eating disorder Hear any judgments about it from you.

These terms – and many others that you could pronounce without a thought every day – should be easy to remove from your vocabulary as there are many ways to express yourself without demonizing or belittling a group of already marginalized people.

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