World of Cryptocurrencies – List of Nations

Putting $400M of Bitcoin on your company balance sheet

Also posted on my blog as usual. Read it there if you can, there are footnotes and inlined plots.
A couple of months ago, MicroStrategy (MSTR) had a spare $400M of cash which it decided to shift to Bitcoin (BTC).
Today we'll discuss in excrutiating detail why this is not a good idea.
When a company has a pile of spare money it doesn't know what to do with, it'll normally do buybacks or start paying dividends. That gives the money back to the shareholders, and from an economic perspective the money can get better invested in other more promising companies. If you have a huge pile of of cash, you probably should be doing other things than leave it in a bank account to gather dust.
However, this statement from MicroStrategy CEO Michael Saylor exists to make it clear he's buying into BTC for all the wrong reasons:
“This is not a speculation, nor is it a hedge. This was a deliberate corporate strategy to adopt a bitcoin standard.”
Let's unpack it and jump into the economics Bitcoin:

Is Bitcoin money?

No.
Or rather BTC doesn't act as money and there's no serious future path for BTC to become a form of money. Let's go back to basics. There are 3 main economic problems money solves:
1. Medium of Exchange. Before money we had to barter, which led to the double coincidence of wants problem. When everyone accepts the same money you can buy something from someone even if they don't like the stuff you own.
As a medium of exchange, BTC is not good. There are significant transaction fees and transaction waiting times built-in to BTC and these worsen the more popular BTC get.
You can test BTC's usefulness as a medium of exchange for yourself right now: try to order a pizza or to buy a random item with BTC. How many additional hurdles do you have to go through? How many fewer options do you have than if you used a regular currency? How much overhead (time, fees) is there?
2. Unit of Account. A unit of account is what you compare the value of objects against. We denominate BTC in terms of how many USD they're worth, so BTC is a unit of account presently. We can say it's because of lack of adoption, but really it's also because the market value of BTC is so volatile.
If I buy a $1000 table today or in 2017, it's roughly a $1000 table. We can't say that a 0.4BTC table was a 0.4BTC table in 2017. We'll expand on this in the next point:
3. Store of Value. When you create economic value, you don't want to be forced to use up the value you created right away.
For instance, if I fix your washing machine and you pay me in avocados, I'd be annoyed. I'd have to consume my payment before it becomes brown, squishy and disgusting. Avocado fruit is not good money because avocadoes loses value very fast.
On the other hand, well-run currencies like the USD, GBP, CAD, EUR, etc. all lose their value at a low and most importantly fairly predictible rate. Let's look at the chart of the USD against BTC
While the dollar loses value at a predictible rate, BTC is all over the place, which is bad.
One important use money is to write loan contracts. Loans are great. They let people spend now against their future potential earnings, so they can buy houses or start businesses without first saving up for a decade. Loans are good for the economy.
If you want to sign something that says "I owe you this much for that much time" then you need to be able to roughly predict the value of the debt in at the point in time where it's due.
Otherwise you'll have a hard time pricing the risk of the loan effectively. This means that you need to charge higher interests. The risk of making a loan in BTC needs to be priced into the interest of a BTC-denominated loan, which means much higher interest rates. High interests on loans are bad, because buying houses and starting businesses are good things.

BTC has a fixed supply, so these problems are built in

Some people think that going back to a standard where our money was denominated by a stock of gold (the Gold Standard) would solve economic problems. This is nonsense.
Having control over supply of your currency is a good thing, as long as it's well run.
See here
Remember that what is desirable is low variance in the value, not the value itself. When there are wild fluctuations in value, it's hard for money to do its job well.
Since the 1970s, the USD has been a fiat money with no intrinsic value. This means we control the supply of money.
Let's look at a classic poorly drawn econ101 graph
The market price for USD is where supply meets demand. The problem with a currency based on an item whose supply is fixed is that the price will necessarily fluctuate in response to changes in demand.
Imagine, if you will, that a pandemic strikes and that the demand for currency takes a sharp drop. The US imports less, people don't buy anything anymore, etc. If you can't print money, you get deflation, which is worsens everything. On the other hand, if you can make the money printers go brrrr you can stabilize the price
Having your currency be based on a fixed supply isn't just bad because in/deflation is hard to control.
It's also a national security risk...
The story of the guy who crashed gold prices in North Africa
In the 1200s, Mansa Munsa, the emperor of the Mali, was rich and a devout Muslim and wanted everyone to know it. So he embarked on a pilgrimage to make it rain all the way to Mecca.
He in fact made it rain so hard he increased the overall supply of gold and unintentionally crashed gold prices in Cairo by 20%, wreaking an economic havoc in North Africa that lasted a decade.
This story is fun, the larger point that having your inflation be at the mercy of foreign nations is an undesirable attribute in any currency. The US likes to call some countries currency manipulators, but this problem would be serious under a gold standard.

Currencies are based on trust

Since the USD is based on nothing except the US government's word, how can we trust USD not to be mismanaged?
The answer is that you can probably trust the fed until political stooges get put in place. Currently, the US's central bank managing the USD, the Federal Reserve (the Fed for friends & family), has administrative authority. The fed can say "no" to dumb requests from the president.
People who have no idea what the fed does like to chant "audit the fed", but the fed is already one of the best audited US federal entities. The transcripts of all their meetings are out in the open. As is their balance sheet, what they plan to do and why. If the US should audit anything it's the Department of Defense which operates without any accounting at all.
It's easy to see when a central bank will go rogue: it's when political yes-men are elected to the board.
For example, before printing themselves into hyperinflation, the Venezuelan president appointed a sociologist who publicly stated “Inflation does not exist in real life” and instead is a made up capitalist lie. Note what happened mere months after his gaining control over the Venezuelan currency
This is a key policy. One paper I really like, Sargent (1984) "The end of 4 big inflations" states:
The essential measures that ended hyperinflation in each of Germany,Austria, Hungary, and Poland were, first, the creation of an independentcentral bank that was legally committed to refuse the government'sdemand or additional unsecured credit and, second, a simultaneousalteration in the fiscal policy regime.
In english: *hyperinflation stops when the central bank can say "no" to the government."
The US Fed, like other well good central banks, is run by a bunch of nerds. When it prints money, even as aggressively as it has it does so for good reasons. You can see why they started printing on March 15th as the COVID lockdowns started:
The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.
In english: We're going to keep printing and lowering rates until jobs are back and inflation is under control. If we print until the sun is blotted out, we'll print in the shade.

BTC is not gold

Gold is a good asset for doomsday-preppers. If society crashes, gold will still have value.
How do we know that?
Gold has held value throughout multiple historic catastrophes over thousands of years. It had value before and after the Bronze Age Collapse, the Fall of the Western Roman Empire and Gengis Khan being Gengis Khan.
Even if you erased humanity and started over, the new humans would still find gold to be economically valuable. When Europeans d̶i̶s̶c̶o̶v̶e̶r̶e̶d̶ c̶o̶n̶q̶u̶e̶r̶e̶d̶ g̶e̶n̶o̶c̶i̶d̶e̶d̶ went to America, they found gold to be an important item over there too. This is about equivalent to finding humans on Alpha-Centauri and learning that they think gold is a good store of value as well.
Some people are puzzled at this: we don't even use gold for much! But it has great properties:
First, gold is hard to fake and impossible to manufacture. This makes it good to ascertain payment.
Second, gold doesnt react to oxygen, so it doesn't rust or tarnish. So it keeps value over time unlike most other materials.
Last, gold is pretty. This might sound frivolous, and you may not like it, but jewelry has actual value to humans.
It's no coincidence if you look at a list of the wealthiest families, a large number of them trade in luxury goods.
To paraphrase Veblen humans have a profound desire to signal social status, for the same reason peacocks have unwieldy tails. Gold is a great way to achieve that.
On the other hand, BTC lacks all these attributes. Its value is largely based on common perception of value. There are a few fundamental drivers of demand:
Apart from these, it's hard to argue that BTC will retain value throughout some sort of economic catastrophe.

BTC is really risky

One last statement from Michael Saylor I take offense to is this:
“We feel pretty confident that Bitcoin is less risky than holding cash, less risky than holding gold,” MicroStrategy CEO said in an interview
"BTC is less risky than holding cash or gold long term" is nonsense. We saw before that BTC is more volatile on face value, and that as long as the Fed isn't run by spider monkeys stacked in a trench coat, the inflation is likely to be within reasonable bounds.
But on top of this, BTC has Abrupt downside risks that normal currencies don't. Let's imagine a few:

Blockchain solutions are fundamentally inefficient

Blockchain was a genius idea. I still marvel at the initial white paper which is a great mix of economics and computer science.
That said, blockchain solutions make large tradeoffs in design because they assume almost no trust between parties. This leads to intentionally wasteful designs on a massive scale.
The main problem is that all transactions have to be validated by expensive computational operations and double checked by multiple parties. This means waste:
Many design problems can be mitigated by various improvements over BTC, but it remains that a simple database always works better than a blockchain if you can trust the parties to the transaction.
submitted by VodkaHaze to badeconomics [link] [comments]

I'm making a video targeting right-wingers - Please critique and give feedback ASAP before I commit to recording? "Axiomatic Warfare and the Fatal Flaws of Modern Fascism"

[Video Essay Script] - Links will be used in video as images and segments. https://docs.google.com/document/d/12OX9TTfLhgNEfdDaMWfsHYyAMzTx9G7bSwu_0Ke1Ksc/edit?usp=sharing

Introduction to Modern Fascism

“Repeat a lie often enough and it becomes the truth”- Nazi Propagandists, Joseph Goebbels.

Axioms are our base assumptions about the world. They act as filters for new information coming into our consciousness.
In classic philosophy, an axiom is a statement that is so evident or well-established, that it is accepted without controversy or question. As used in modern logic, an axiom is a premise or starting point for reasoning.
We use these axiomatic assumptions to build our internal models of the world around us. They allow us to compare new information we receive from the outside with our internal narratives, which helps us to decide whether to reject or accept that new information. They are, for want of a better world, your "common sense" beliefs.
So how do you go about changing a relatively normal person's core beliefs and base assumptions to the point of rejecting their fellow citizens as traitors, committing acts of murderous terrorist or vigilante violence like Fascist white supremacists running down protesters in acts of terror, ISIS beheadings or mass genocide?

Shock Treatment and Slow Repetition

When I was a child I was subjected to regular mental and physical abuse from my dad. I would also see my mother repeatedly beaten up and then flee to a women's refuge where I would stay with her.
Each time my mom left, whenever I visited my dad at weekends, he would constantly try to pressure and manipulate me into convincing my mom to get back together with him.
This never worked of course. But what it did do, is make me highly sensitive to manipulation techniques.
I was fascinated by people like the magician Derren Brown and the economist Naomi Klein - who both reveal the tricks of the trade used in the advertising and marketing industries to convince people.
One way of changing people into killing machines or obedient sheep is through a big shock to the system, like how electroshock therapy allows for a clean slate to rebuild peoples intern mental models.
Psychedelics are another way, having a similar effect in the brain. Encouraged by the alt right and alt-light influencers like Jordan Peterson and Rebel Wisdom as they try to “Red Pill” people (an expression taken from the film The Matrix as a metaphor for revealing revealing the truth about the world).
They use this shock and disorientation as a way to prepare a “blank-slate” in order to rebuild peoples internal axiomatic models with different core beliefs.
Remaking people by shocking them into obedience and gas-lighting them about their existing internal models, making them seem irrational, silly or outdated. Reducing them to a mental state of a child and then rebuilding them with a new ideology and worldview, known as “shock therapy”.
As Naomi Klein explains in The Shock Doctrine: The Rise of Disaster Capitalism, these techniques work on larger scales with use of trauma and shock to influence political outcomes has been used since at least Milton Friedman coined the term “Economic Shock Treatment”. He advised that politicians push through painful and unpopular policies all at once during a time of crisis, before people could regain their footing.
The technique is used in economic markets on the large scale, and also against individuals on a small scale with individuals too. Economics and politics is just human interaction on a larger scale, after all.
Regular repetition and gentle suggestions of ideas can also instil new axiomatic models and core beliefs into people's minds. As Derren Brown demonstrates how powerful subtly suggestions can be alone, without the need for hypnosis, shocks or drugs.
But used in combination, shock and repetition can shift people until they have moved their positions, perceptions and beliefs about the world, to a place they could never have imagined.
But luckily once you deconstruct the deception and understand how the trick works, the illusion falls apart.

Defining and Deconstructing Modern Fascism

Firstly, we must define Modern Fascism. Modern Fascism ticks every box of the traditional definitions in Umberto Eco’s essay Ur-Fascism, and not only does it fulfil every criteria, it reveals other motivational forces and has evolved to include new aspects, and has changed into something worse, while it’s main weakness remain the same - the fact that it is primarily motivated by weakness.
As General Franco said in a 1938 interview with Henri Massis: "Fascism presents, wherever it manifests itself, characteristics which are varied to the extent that countries and national temperaments vary. It is essentially a defensive reaction of the organism, a manifestation of the desire to live, of the desire not to die, which at certain times seizes a whole people. So each people reacts in its own way, according to its conception of life… What can it have in common with Hitlerism, which was, above all, a reaction against the state of things created by the defeat, and by the abdication and the despair that followed it?"
This quote perfectly illustrates the transient nature of the ideology, but also the core motivations of Fascism. It is an ideology based on the assumption of weakness which yearns for restoration of a past greatness or to get revenge and recognition. But the way that it manifests itself is different in each place it takes hold.
Therefore the aim of this isn’t to make the case that any particular party or country has embraced out-right fascism (plenty of other people have made that case already), the aim is to reveal the underlying motivations, highlight threats and weaknesses and analyse the less obvious negative effects of Modern Fascism.

History Doesn’t Repeat, But It Rhymes

A false equivalence that is often used is that Liberal Imperialism is just the same as Fascism. And while it is true that imperialists use fascist dictators to extract cheap labour and resources and also dominate smaller counties in a similar way to how fascist empires aspire to rule, the key difference is that the populations of those countries are not gripped by the same fear based delusions.
And therefore more Liberal democracies are better equipped to hold their imperial position of power long term because they are better able to assess risks and react accordingly, rather than over-react based on paranoia and competing egos under excessive pressure.
This false equivalence was also used in 1930’s Germany, because far-left Communists had been co opted and infiltrated by Fascists. They would repeat the mantra that “the Social Democrats were the real racists”.
Contrary to the assumptions of most people, Fascism, as an ideology and political system of government is very distinct to white supremacy. It does of course include white supremecists, but In fact includes many other groups who have been co-opted by Fascist propaganda, or who implicitly support and enable their agenda.
Examples of modern opposition which has been repeatedly infiltrated or just simply made up by Fascists include innumerable conspiracy theories, police groups like Blue Lives Matter, militant Black nationalists, the Boogaloo movement who call for a race war, the “Proud Boys” and even sometimes supposed Anarchists, far-left Communists and Left Accelerationists.

Motivations of Fascism

Fascism distilled down to its core reason for existing is the suppression of opposition who represent workers rights and economic justice. So they patently DON’T look after their own people. They con them into submission of the state by generating jingoistic fear of “the other” - whoever is convenient on that day to blame for their problems.
Fascism is is an economic shock doctrine upon the inhabitants of the country. We don't spread fascist propaganda in tip-pot dictators because we care about the indiginous people there. We install Fascist dictators in order to remove workers rights and open up access to their natural resources.
Artificial moral panics can be engineered and real disasters used to allow corrupt oligarchs and financial predators to consolidate power further by buying up small innovative businesses who don’t have the excess capital to survive the turmoil on their own without external support. Or as a way to eradicate public services by sabotaging them and building mistrust.
They are used to erode faith in public services and institutions by rich people who simply want to pay less tax and don’t see why they should subsidise other human beings who haven’t had the same luck as them. So a major motivation of fascism is to suppress the opposition left-wing party who represent workers rights and egalitarian freedoms.
Populists claim to be against free trade and to some extent they are, but whatever they do will fail because they are interfering with the markets, so they will retreat to the power of market domination. They use their threats of trade barriers as more just more shock treatment for markets, rather than protecting actual jobs or industries.
This is a trick that has been played by Neoliberals too. But while Neoliberals use fascism as a tool for opening markets to Imperialism, they differ from Libertarians, not only because they embrace guns and weed, but they are starting from different positions to achieve the same goal;
Neoliberals seek to remove already existing public services and workers rights that lift bargaining power. But Libertarians want to STOP the government from ever providing those services and investments into the poor or enshrining workers rights.

Modern Fascist Ideology has TWO Core Reasons to Exist; Fear and Freed.

I have been researching and analysing how economic systems differ, using a SWOT analysis (Strengths, Weaknesses, Opportunities and Threads). For each economic system I tried to be as neutral, fair and balanced as possible - which included Fascism.
I might seem strange that someone who is anti-Fascist would want to explore the strenghts and opportunities of Fascist ideologies, but in doing so it reveals the real weaknesses and threats which are too important for us to ignore.
So what exactly IS Fascism? Is it just an economic doctrine or a personal philosophy about the world? The answer is both.
The ideology has TWO core reasons to exist, and TWO distinct audiences types - with one based primarily on fear and the other greed, with each having a malignant and symbiotic relationship with each other.
Fear - Authoritarian/Conservative Fascists
Greed - Libertarian Fascists
There are very few people who actually buy into full Fascist ideology, most believe a watered down version of which resembles Conservatism or right-wing populism or accelerationism, and most of them genuinely believe they aren’t fascist, even though they are being constantly fed subtle suggestions fascist ideology or that align with their plans.
But the most ironic thing is that these groups are mostly being used by the second group of rich Libertarians globalist elites pulling a confidence trick on the host nation. Often posing “anti-establishment” conspiracists who actually uphold the establishment through misinformation. See: Russia Today and Youtube Bitcoin and Gold shills who subtly suggest fascist talking points.
With those rich Libertarians at the top more than happy for those below them, who they deem less worthy, living in even more delusional ideologies with fake enemies to fear, often resembling traditional Christian but values wrapped in modern conspiracies with added elements of “satanic panic”.
Modern Fascism has clearly inspired the modern day equivalents of Brownshirts and Blackshirts, self-styled vigilantes like QAnon, The Proud Boys and “The Boogaloo” - white nationalist violent extremists who want to accelerate towards a full-on race war.
It has also infiltrated numerous alternative groups, such as hyper-evangelical “end times” cults, alternative health scenes, internet conspiracy scenes like flat earth and occult magic.

Lockdown Conspiracies

A commonly missing hallmark of fascism that is present in history during the rise of fascism is a controlled opposition and explicit suppression of opposition. This distorts a healthy society and has unforeseen consequences and blowback.
Fantasies and political thought bubbles are self delusional custom realities resembling an episode of Black Mirror. They act as coping and escape mechanisms. Especially during the Covid 19 lock-down, these tendencies have gone into overdrive with massive events entering the real world featuring David Ike leading protesters alongside fascists as people ignore rising Fascism, climate change destruction and Covid deaths tolls.
Using disasters like Covid or irrational scare tactics such as the "Satanic Panic" style Fascist propaganda from QAnon, can shock people using their fear and disgust response, while making them distrust the news - allowing the government to evade valid criticism from experts while suggesting to people that government public services are inherently evil or Communist.
This type of propaganda is a Libertarians wet dream - making a population not only give up on tax funded public services, but actively fear them. An example is Trump trying to discredit and defund the US Postal Service and other public institutions and regulatory bodies.
Anti Semitism has been used throughout history by those in power to provoke an “us vs. them” mentality, leading to today's establishment still sanctioning and allowing Qanon on major media platforms, provoking and agitating terrorist attackers from the far-left and the far-right.
Those in power in fascist regimes allow and encourage mistrust in the mainstream media, while the long-tail niche political and interest groups keep people separated from each other, who each live in their own custom realities while the real elites continue to dominate and increase their power.
With each bubble framing realities based of identity, race, class, nationality, or even subculture special interests like alternative medicine and “gamer bro” culture, so that when they interact in real life or online, they are speaking past each other because they don’t even agree on the basic principles of how they view society.

The Fatal Flaws of Living in a Fantasy

While the main flaws and weaknesses of Fascism remain the same, they are in-fact exacerbated by this new hybrid model. It’s main weakness is the very fact that it is motivated by weaknesses, fear and greed - rather than true strength, self-confidence or heroic benevolent power, as their adherents like to believe.
A misconception of fascists themselves that it is based on strength, when it is actually based on weakness - even when the driving force is greed rather than fear. Libertarian fascists want to extract labour and materials at cheaper prices, while inflating their own asset values.
In other words; international financiers with little allegiance to any country. Ironically the very type of people who Conservative fascists claim to be opposed to.
Fascism claims to make society more successful, but it actually accelerates the destruction of the culture, country or people, rather than preserving and conserving it, because it betrays a fundamental weakness of insecurity. Competitors and rivals can easily see through the charade of and take advantage.
If anything does the exact opposite. Russian and China are clearly goading Western nations into becoming more divided and totalitarian, as they themselves benefit from becoming more Liberal and open and reap the competitive advantages that brings. See Kraut’s excellent video about Trump on China as an example.
Keynesian investment in the country and people, giving workers more rights, opportunities and a more bargaining power is what makes a country successful and innovative, rather than the faux Keynesian policy of giving kickbacks to corrupt officials for government contracts and widening inequality by supporting the already rich, rather than the ordinary people.

Who Benefits in This Memetic War?

Who is going to war with who? Who is winning? A modern adage is that tankies are just fascists because of their support of authoritarian proto-fascist leaders and regimes who often claim to be Communist.
But from my experience talking to actual fascists, they crave a more multi-polar world where other strong leaders rise up as competition and form alliances with dictators.
So to me, it looks like Fascists are the real Tankies; wishing our enemies be stronger and wanting to accelerate towards race war or civil war that weakens the society.
Not only did Donald Trump have knowledge of Russia allowing ISIS bounties on US troops and withhold that from the public while courting Putin, I have personally heard white supremacists backing extremists Islamists in Discord servers.
Trump jumped to the defense of the people who put a 17 year old with a gun against civil rights protesters and assumed the intent before saying that the outcome should be decided by the legal system.
They share common values and beliefs like Anti Semitism, accelerationist end-times fantasies, patriarchal traditional values and a fear of outside progressive cultures. In fact modern extremists white supremecist groups share recruitment and terrorist strategies and tactics with militant islamists.
You could argue that it was inflicted by Russian or Imperialist propagandists onto the German people in order to take control of larger areas of Europe after the destabilisation of war.
Hitler and Stalin came to a non agression truce called The Molotov–Ribbentrop Pact, which as was a secret non-aggression pact between Nazi Germany and the Soviet Union that enabled those two powers to partition Poland between them.
The pact, signed in Moscow on 23 August 1939 by German Foreign Minister Joachim von Ribbentrop and Soviet Foreign Minister Vyacheslav Molotov was officially known as the Treaty of Non-Aggression between Germany and the Union of Soviet Socialist Republics.
They divided Poland under the banner of fighting “Polish Fascism” nearly a century ago with both sides ultimately lying to their own people about spreading freedom while being authoritarian to their core and being able to blame “the other” as being the cause of all their problems.
But these days fascism seems to be a rogue meme that no longer serves any particular group. It is pathologically damaging to any society that it happens to grip.
Even the aforementioned Libertarians and accelerationists who think they are benefiting are only temporarily gaining by market price volatility. They ultimately lose through the blowback effect of the whirlpool they create.

Psychopathy, Alienation Nihilism and Insecurity

It is well established that Fascist dictators are driven by psychopathic characters and tendencies. They either don’t care about the truth, or disregard it if it’s not convenient to their narrative.
In totalitarian despotic societies facts are reversed. As George Orwell proclaimed throughout his writings; “War is peace. Freedom is slavery. Ignorance is strength.”.
Similar to how authoritarian Starlinist Communists harnessed people’s alienation and tricked them into thinking that it’s possible for the state to fully decommodify everything without having markets, money to account for things, domination or hierarchy or try to convince people that a revolution is just around the corner.
But of course, a council representative is still the head of an organisation, for all intents and purposes, because they wield executive power over others, even if the name has changed. Markets are emergent properties when groups of humans want or need a certain commodity when it becomes available.
But while both Communist and Fascist ideologies are based on lies that harness peoples alienation, fear and envy, Fascism is also especially to the weak. It is attractive to those who want to be strong again (or were never to begin with), or those who want to have a strong leader to help them.
Fascism betrays to others the inherent weakness. Like the insecure kid in school who lashes out - others around can see that it is because of their own insecurity which makes them appear even weaker. Fascism is a psychopathy driven by insecurity.
When people become so absorbed in an ideology there is a phenomena of people to self identify as an actual ideology? This produces a phenomena called Identity Protective Cognition, where people's self worth becomes attached to a belief system or ideology. So that when new information contradicts their worldview it is seen as an attack on the person themselves.
Therefore irrational, emotional quick fix thinking is the default when there is too much pressure and they feel attacked. They no longer use their slow effortful reflective thinking. (See Daniel Kahneman - Thinking, Fast and Slow)
This approach has parallels in evolutionary biology, in which a central issue is the ability to adapt to changing environments. Competency - over-competitiveness in management causes chaos which STOPS hierarchies of competence. (Insert video clips of Sapolsky on Chaos vs Reductionism etc. timestamps linked).
Fascists try to reduce variability in culture and outcomes - causes weakness of less adaptability - because as Sapolsky explains, the variability is not just noise in that type of system CAS (Complex Adaptive Systems) - the variability IS the system. It is fractal and scale free. The noise and variability is an intrinsic part of the system.
But the system doesn’t function properly when the agreed-upon parameters that individuals believe to be true aren’t universal enough to have any form of group coherence.
Birds and swarms of animals can produce amazing complex phenomena, which are greater than the sum of their individual parts. There is a “network effect” once a certain threshold and certain conditions and rules are met.
These rules can be very simple, like repulsion or attraction, or staying a certain distance apart while traveling in a similar direction, but collectively they create patterns that emerge with complexity and I dear say, a certain amount of beauty.
So what happens when millions of people are being brainwashed and misled by cults that are leaving them with a reduced ability to make decisions?
Giving them shit-for-brains just so that some rich people at the top can pay a few percentage less tax? That is the sign of a deeply sick system that cannot continue to function effectively. It is sick on so many levels.

Emergence, Complexity and Human Evolution - A Social-Biological Analysis

The problem with viewing the world through only one lens of analysis (or bucket of knowledge) is that you can fall into unnecessarily reductive thinking. (Sapolsky clips)
I describe myself as a philosophical anarchist. Which does NOT mean I want total chaos and disorder - it means I want the optimal solution to emerge - including the influences and experiences from the bottom-up.
I also think that a bottom-up (or anarchist) lens of analysis is necessary for society to run cohesively in an optimal state. If it is repressed it distorts the overall picture of reality for everyone - similar to a CEO that doesn’t listen to employees and workers on the ground.
I interpret as constantly holding authority to account - to justify its existence and reason for dominating others. I also believe it is every citizen's responsibility to hold authority to account. This would be necessary under ANY economic system or society.
Anarchists also believe in stigmenric, rhizomatic action to make the world better, organically, not from a top-down authority, which fascism seeks to instill on society.
Human beings are collectively parts of a bigger chaotic but stable system known as a CAS (Complex Adaptive System). CAS’s are chaotic systems that can reach periodic steady states of equilibrium.
As Professor Sapolsky explains, humans uniquely exist with a mixture of both communal and individualistic tendencies; known in the scientific world as Tournament vs. pair bonding.
All the evidence suggests that this tendency has greatly improved our success as a species. But those tendencies distorted too far one way or another lead to pathologies and the worst collective misdeeds and wars.
Because as Professor Sapolsky also explains in his brilliant lecture series (which I have condensed the pertinent parts of into a 4 part YouTube video) about CAS; the signals coming from the randomness is being suppressed or repressed, it interferes with the functioning of the system.
Pressure in the system makes the patterns more complex but at a certain point of increasing pressure in the complex system, it stops being linear and the doubling of patterns and periodicity totally stops. Order completely begins to break down because of the butterfly effect.
Fascist regimes fettishise order and rigidity but in a complex adaptive system, the noise IS the phenomena, not a byproduct to be discarded, ignored or repressed.
The majority of people on the right genuinely want to help society by bringing order, using top-down draconian measures if necessary. Whereas the left generally wants to help society by proactively building from the bottom up.
I think both of these approaches are necessary to be balanced properly for a healthy functioning society to emerge.
It seems our tendency to harness both traits and to focus intently on one or the other is our greatest collective strength, while also being our greatest weakness.
And similarly, on an individual level I believe our greatest strengths and weakness are the fact that our brains work efficiently by categorising information to filter out the unimportant bits that slow us down.
As the book by Daniel Kahneman - Thinking, Fast and Slow, brilliantly explains, slow deliberate, consideration thinking takes energy and time, so our brains developed filters which come out as biases. This is an inherent weakness of the human brain.
Now imagine the butterfly effect on the life of just one person who is influenced by the brainworms of QAnon cults or conspiracies which distorts their internal models of the world which they use to filter information about the world
The sad and shocking stories on forums like QanonCasualties show the devastating effects on their close friends, family and work life - amplified by their ever increasingly disconnected lives. (insert Flat earther clip - zoom in on idiot rolling head)
Now scale that up to the level of a whole of a society, a country, or the world? This is a collective madness to cope with and avoid the reality facing us as a species.
Only collective action with agreed basic facts to work from will do to avoid the total descent into actual chaos and destruction.

TLDR; Conclusion and Final Thoughts

In this essay I will have put forward the case for the following four key arguments being true and I have present supporting evidence to explain the logical reasoning for why our current definitions need updating and the threat levels reassed, from a non-hysterical but critical perspective. The overall claims I made are:
  1. Modern Fascism has taken over right-wing populism and bears all the hallmarks of early 20th Century Fascist ideologies.
  2. The ideology has two main reasons to exist, and two distinct audiences which both have a symbiotic, pathological relationship with each other.
  3. The main flaws and weaknesses of fascist ideology remain the same as ever - that fascism is motivated by irrational fears, greed and self deception.
  4. Modern Fascism has major unforeseen damaging consequences for individuals, governments, organisational dynamics, and society at large.
This reality is something I think a lot of fascists, ultra-nationalists and people who have been influenced by the propaganda know deep down on some level already - that they are avoiding the realities of pandemics and ecological harms of ignoring science and reality as it is.
They ignore it because fantasies are simpler to understand. And a narrative based on fear of the other is a simpler way to to process a complex world.
It is also attractive to the part of us that is drawn to conflict and drama - that hunger for something genuinely interesting to happen.
But I would argue from my experience that the beautiful complexity of life in all it’s shades of grey is much more interesting, fun and genuinely fulfilling to understand and engage in, even if it might be harder to deal with and even harder to explain.
I believe doing so is also vital for the very survival of our species - we can no longer afford to live in a fantasy, we need to collectively take responsibility for the world as it exists in reality.
Thank you to my two Patrons:
Carmen Jongepier
E.V. Roske
Original Script on Patreon
submitted by Upper-Range to BreadTube [link] [comments]

[In Progress] [4500] [Factual] Axiomatic Warfare and the Fatal Flaws of Modern Fascism / Video Essay - please critique and proofread

[Video Essay Script] - Links will be used in video as images and segments. https://docs.google.com/document/d/12OX9TTfLhgNEfdDaMWfsHYyAMzTx9G7bSwu_0Ke1Ksc/edit?usp=sharing

Introduction to Modern Fascism

“Repeat a lie often enough and it becomes the truth”- Nazi Propagandists, Joseph Goebbels.

Axioms are our base assumptions about the world. They act as filters for new information coming into our consciousness.
In classic philosophy, an axiom is a statement that is so evident or well-established, that it is accepted without controversy or question. As used in modern logic, an axiom is a premise or starting point for reasoning.
We use these axiomatic assumptions to build our internal models of the world around us. They allow us to compare new information we receive from the outside with our internal narratives, which helps us to decide whether to reject or accept that new information. They are, for want of a better world, your "common sense" beliefs.
So how do you go about changing a relatively normal person's core beliefs and base assumptions to the point of rejecting their fellow citizens as traitors, committing acts of murderous terrorist or vigilante violence like Fascist white supremacists running down protesters in acts of terror, ISIS beheadings or mass genocide?

Shock Treatment and Slow Repetition

One way of changing people into killing machines or obedient sheep is through a big shock to the system, like how electroshock therapy allows for a clean slate to rebuild peoples intern mental models.
Psychedelics encouraged by the alt right and alt-light like Jordan Peterson and Rebel Wisdom as they “Red Pill” people - another way to prepare a “blank-slate” to rebuild peoples internal axiomatic models.
Remaking people, shocking them into obedience and by gas-lighting them about their existing internal models, making them seem irrational, silly or outdated. Reducing them to a mental state of a child and then rebuilding them with a new ideology and worldview, known as “shock therapy”.
As Naomi Klein explains in The Shock Doctrine: The Rise of Disaster Capitalism, these techniques work on larger scales with use of trauma and shock to influence political outcomes has been used since at least Milton Friedman coined the term “Economic Shock Treatment”. He advised that politicians push through painful and unpopular policies all at once during a time of crisis, before people could regain their footing.
The technique is used in economic markets on the large scale, and also against individuals on a small scale. Economics and politics is just human interaction on a larger scale, after all.
Regular repetition and gentle suggestions of ideas can also instil new axiomatic models and core beliefs into people's minds. As Derren Brown demonstrates how powerful suggestion can be, or the multi-billion dollar marketing and advertising industries demonstrates.
Used in combination, shock and repetition can shift until you have moved to positions, perceptions and beliefs to a place you never could have imagined yourself. But luckily once you deconstruct the deception and understand how the trick works, the illusion falls apart.

Defining and Deconstructing Modern Fascism

Firstly, we must define Modern Fascism. Modern Fascism ticks every box of the traditional definitions in Umberto Eco’s essay Ur-Fascism, and not only does it fulfil every criteria, it reveals other motivational forces and has evolved to include new aspects, and has changed into something worse, while it’s main weakness remain the same - the fact that it is primarily motivated by weakness.
As General Franco said in a 1938 interview with Henri Massis: "Fascism presents, wherever it manifests itself, characteristics which are varied to the extent that countries and national temperaments vary. It is essentially a defensive reaction of the organism, a manifestation of the desire to live, of the desire not to die, which at certain times seizes a whole people. So each people reacts in its own way, according to its conception of life… What can it have in common with Hitlerism, which was, above all, a reaction against the state of things created by the defeat, and by the abdication and the despair that followed it?"
This quote perfectly illustrates the transient nature of the ideology, but also the core motivations of Fascism. It is an ideology based on the assumption of weakness which yearns for restoration of a past greatness or to get revenge and recognition. But the way that it manifests itself is different in each place it takes hold.
Therefore the aim of this isn’t to make the case that any particular party or country has embraced out-right fascism (plenty of other people have made that case already), the aim is to reveal the underlying motivations, highlight threats and weaknesses and analyse the less obvious negative effects of Modern Fascism.

History Doesn’t Repeat, But It Rhymes

A false equivalence that is often used is that Liberal Imperialism is just the same as Fascism. And while it is true that imperialists use fascist dictators to extract cheap labour and resources and also dominate smaller counties in a similar way to how fascist empires aspire to rule, the key difference is that the populations of those countries are not gripped by the same fear based delusions.
And therefore more Liberal democracies are better equipped to hold their imperial position of power long term because they are better able to assess risks and react accordingly, rather than over-react based on paranoia and competing egos under excessive pressure.
This false equivalence was also used in 1930’s Germany, because far-left Communists had been co opted and infiltrated by Fascists. They would repeat the mantra that “the Social Democrats were the real racists”.
Contrary to the assumptions of most people, Fascism, as an ideology and political system of government is very distinct to white supremacy. It does of course include white supremecists, but In fact includes many other groups who have been co-opted by Fascist propaganda, or who implicitly support and enable their agenda.
Examples of modern opposition which has been repeatedly infiltrated or just simply made up by Fascists include innumerable conspiracy theories, police groups like Blue Lives Matter, militant Black nationalists, the Boogaloo movement who call for a race war, the “Proud Boys” and even sometimes supposed Anarchists, far-left Communists and Left Accelerationists.

Motivations of Fascism

Fascism distilled down to its core reason for existing is the suppression of opposition who represent workers rights and economic justice. So they patently DON’T look after their own people. They con them into submission of the state by generating jingoistic fear of “the other” - whoever is convenient on that day to blame for their problems.
Fascism is is an economic shock doctrine upon the inhabitants of the country. We don't spread fascist propaganda in tip-pot dictators because we care about the indiginous people there. We install Fascist dictators in order to remove workers rights and open up access to their natural resources.
Artificial moral panics can be engineered and real disasters used to allow corrupt oligarchs and financial predators to consolidate power further by buying up small innovative businesses who don’t have the excess capital to survive the turmoil on their own without external support. Or as a way to eradicate public services by sabotaging them and building mistrust.
They are used to erode faith in public services and institutions by rich people who simply want to pay less tax and don’t see why they should subsidise other human beings who haven’t had the same luck as them. So a major motivation of fascism is to suppress the opposition left-wing party who represent workers rights and egalitarian freedoms.
Populists claim to be against free trade and to some extent they are, but whatever they do will fail because they are interfering with the markets, so they will retreat to the power of market domination. They use their threats of trade barriers as more just more shock treatment for markets, rather than protecting actual jobs or industries.
This is a trick that has been played by Neoliberals too. But while Neoliberals use fascism as a tool for opening markets to Imperialism, they differ from Libertarians, not only because they embrace guns and weed, but they are starting from different positions to achieve the same goal;
Neoliberals seek to remove already existing public services and workers rights that lift bargaining power. But Libertarians want to STOP the government from ever providing those services and investments into the poor or enshrining workers rights.

Modern Fascist Ideology has TWO Core Reasons to Exist; Fear and Freed.

I have been researching and analysing how economic systems differ, using a SWOT analysis (Strengths, Weaknesses, Opportunities and Threads). For each economic system I tried to be as neutral, fair and balanced as possible - which included Fascism.
I might seem strange that someone who is anti-Fascist would want to explore the strenghts and opportunities of Fascist ideologies, but in doing so it reveals the real weaknesses and threats which are too important for us to ignore.
So what exactly IS Fascism? Is it just an economic doctrine or a personal philosophy about the world? The answer is both.
The ideology has TWO core reasons to exist, and TWO distinct audiences types - with one based primarily on fear and the other greed, with each having a malignant and symbiotic relationship with each other.
Fear - Authoritarian/Conservative Fascists
Greed - Libertarian Fascists
There are very few people who actually buy into full Fascist ideology, most believe a watered down version of which resembles Conservatism or right-wing populism or accelerationism, and most of them genuinely believe they aren’t fascist, even though they are being constantly fed subtle suggestions fascist ideology or that align with their plans.
But the most ironic thing is that these groups are mostly being used by the second group of rich Libertarians globalist elites pulling a confidence trick on the host nation. Often posing “anti-establishment” conspiracists who actually uphold the establishment through misinformation. See: Russia Today and Youtube Bitcoin and Gold shills who subtly suggest fascist talking points.
With those rich Libertarians at the top more than happy for those below them, who they deem less worthy, living in even more delusional ideologies with fake enemies to fear, often resembling traditional Christian but values wrapped in modern conspiracies with added elements of “satanic panic”.
Modern Fascism has clearly inspired the modern day equivalents of Brownshirts and Blackshirts, self-styled vigilantes like QAnon, The Proud Boys and “The Boogaloo” - white nationalist violent extremists who want to accelerate towards a full-on race war.
It has also infiltrated numerous alternative groups, such as hyper-evangelical “end times” cults, alternative health scenes, internet conspiracy scenes like flat earth and occult magic.

Lockdown Conspiracies

A commonly missing hallmark of fascism that is present in history during the rise of fascism is a controlled opposition and explicit suppression of opposition. This distorts a healthy society and has unforeseen consequences and blowback.
Fantasies and political thought bubbles are self delusional custom realities resembling an episode of Black Mirror. They act as coping and escape mechanisms. Especially during the Covid 19 lock-down, these tendencies have gone into overdrive with massive events entering the real world featuring David Ike leading protesters alongside fascists as people ignore rising Fascism, climate change destruction and Covid deaths tolls.
Using disasters like Covid or irrational scare tactics such as the "Satanic Panic" style Fascist propaganda from QAnon, can shock people using their fear and disgust response, while making them distrust the news - allowing the government to evade valid criticism from experts while suggesting to people that government public services are inherently evil or Communist.
This type of propaganda is a Libertarians wet dream - making a population not only give up on tax funded public services, but actively fear them. An example is Trump trying to discredit and defund the US Postal Service and other public institutions and regulatory bodies.
Anti Semitism has been used throughout history by those in power to provoke an “us vs. them” mentality, leading to today's establishment still sanctioning and allowing Qanon on major media platforms, provoking and agitating terrorist attackers from the far-left and the far-right.
Those in power in fascist regimes allow and encourage mistrust in the mainstream media, while the long-tail niche political and interest groups keep people separated from each other, who each live in their own custom realities while the real elites continue to dominate and increase their power.
With each bubble framing realities based of identity, race, class, nationality, or even subculture special interests like alternative medicine and “gamer bro” culture, so that when they interact in real life or online, they are speaking past each other because they don’t even agree on the basic principles of how they view society.

The Fatal Flaws of Living in a Fantasy

While the main flaws and weaknesses of Fascism remain the same, they are in-fact exacerbated by this new hybrid model. It’s main weakness is the very fact that it is motivated by weaknesses, fear and greed - rather than true strength, self-confidence or heroic benevolent power, as their adherents like to believe.
A misconception of fascists themselves that it is based on strength, when it is actually based on weakness - even when the driving force is greed rather than fear. Libertarian fascists want to extract labour and materials at cheaper prices, while inflating their own asset values.
In other words; international financiers with little allegiance to any country. Ironically the very type of people who Conservative fascists claim to be opposed to.
Fascism claims to make society more successful, but it actually accelerates the destruction of the culture, country or people, rather than preserving and conserving it, because it betrays a fundamental weakness of insecurity. Competitors and rivals can easily see through the charade of and take advantage.
If anything does the exact opposite. Russian and China are clearly goading Western nations into becoming more divided and totalitarian, as they themselves benefit from becoming more Liberal and open and reap the competitive advantages that brings. See Kraut’s excellent video about Trump on China as an example.
Keynesian investment in the country and people, giving workers more rights, opportunities and a more bargaining power is what makes a country successful and innovative, rather than the faux Keynesian policy of giving kickbacks to corrupt officials for government contracts and widening inequality by supporting the already rich, rather than the ordinary people.

Who Benefits in This Memetic War?

Who is going to war with who? Who is winning? A modern adage is that tankies are just fascists because of their support of authoritarian proto-fascist leaders and regimes who often claim to be Communist.
But from my experience talking to actual fascists, they crave a more multi-polar world where other strong leaders rise up as competition and form alliances with dictators.
So to me, it looks like Fascists are the real Tankies; wishing our enemies be stronger and wanting to accelerate towards race war or civil war that weakens the society.
Not only did Donald Trump have knowledge of Russia allowing ISIS bounties on US troops and withhold that from the public while courting Putin, I have personally heard white supremacists backing extremists Islamists in Discord servers.
Trump jumped to the defense of the people who put a 17 year old with a gun against civil rights protesters and assumed the intent before saying that the outcome should be decided by the legal system.
They share common values and beliefs like Anti Semitism, accelerationist end-times fantasies, patriarchal traditional values and a fear of outside progressive cultures. In fact modern extremists white supremecist groups share recruitment and terrorist strategies and tactics with militant islamists.
You could argue that it was inflicted by Russian or Imperialist propagandists onto the German people in order to take control of larger areas of Europe after the destabilisation of war.
Hitler and Stalin came to a non agression truce called The Molotov–Ribbentrop Pact, which as was a secret non-aggression pact between Nazi Germany and the Soviet Union that enabled those two powers to partition Poland between them.
The pact, signed in Moscow on 23 August 1939 by German Foreign Minister Joachim von Ribbentrop and Soviet Foreign Minister Vyacheslav Molotov was officially known as the Treaty of Non-Aggression between Germany and the Union of Soviet Socialist Republics.
They divided Poland under the banner of fighting “Polish Fascism” nearly a century ago with both sides ultimately lying to their own people about spreading freedom while being authoritarian to their core and being able to blame “the other” as being the cause of all their problems.
But these days fascism seems to be a rogue meme that no longer serves any particular group. It is pathologically damaging to any society that it happens to grip.
Even the aforementioned Libertarians and accelerationists who think they are benefiting are only temporarily gaining by market price volatility. They ultimately lose through the blowback effect of the whirlpool they create.

Psychopathy, Alienation Nihilism and Insecurity

It is well established that Fascist dictators are driven by psychopathic characters and tendencies. They either don’t care about the truth, or disregard it if it’s not convenient to their narrative.
In totalitarian despotic societies facts are reversed. As George Orwell proclaimed throughout his writings; “War is peace. Freedom is slavery. Ignorance is strength.”.
Similar to how authoritarian Starlinist Communists harnessed people’s alienation and tricked them into thinking that it’s possible for the state to fully decommodify everything without having markets, money to account for things, domination or hierarchy or try to convince people that a revolution is just around the corner.
But of course, a council representative is still the head of an organisation, for all intents and purposes, because they wield executive power over others, even if the name has changed. Markets are emergent properties when groups of humans want or need a certain commodity when it becomes available.
But while both Communist and Fascist ideologies are based on lies that harness peoples alienation, fear and envy, Fascism is also especially to the weak. It is attractive to those who want to be strong again (or were never to begin with), or those who want to have a strong leader to help them.
Fascism betrays to others the inherent weakness. Like the insecure kid in school who lashes out - others around can see that it is because of their own insecurity which makes them appear even weaker. Fascism is a psychopathy driven by insecurity.
When people become so absorbed in an ideology there is a phenomena of people to self identify as an actual ideology? This produces a phenomena called Identity Protective Cognition, where people's self worth becomes attached to a belief system or ideology. So that when new information contradicts their worldview it is seen as an attack on the person themselves.
Therefore irrational, emotional quick fix thinking is the default when there is too much pressure and they feel attacked. They no longer use their slow effortful reflective thinking. (See Daniel Kahneman - Thinking, Fast and Slow)
This approach has parallels in evolutionary biology, in which a central issue is the ability to adapt to changing environments. Competency - over-competitiveness in management causes chaos which STOPS hierarchies of competence. (Insert video clips of Sapolsky on Chaos vs Reductionism etc. timestamps linked).
Fascists try to reduce variability in culture and outcomes - causes weakness of less adaptability - because as Sapolsky explains, the variability is not just noise in that type of system CAS (Complex Adaptive Systems) - the variability IS the system. It is fractal and scale free. The noise and variability is an intrinsic part of the system.
But the system doesn’t function properly when the agreed-upon parameters that individuals believe to be true aren’t universal enough to have any form of group coherence.
Birds and swarms of animals can produce amazing complex phenomena, which are greater than the sum of their individual parts. There is a “network effect” once a certain threshold and certain conditions and rules are met.
These rules can be very simple, like repulsion or attraction, or staying a certain distance apart while traveling in a similar direction, but collectively they create patterns that emerge with complexity and I dear say, a certain amount of beauty.
So what happens when millions of people are being brainwashed and misled by cults that are leaving them with a reduced ability to make decisions?
Giving them shit-for-brains just so that some rich people at the top can pay a few percentage less tax? That is the sign of a deeply sick system that cannot continue to function effectively. It is sick on so many levels.

Emergence, Complexity and Human Evolution - A Social-Biological Analysis

The problem with viewing the world through only one lens of analysis (or bucket of knowledge) is that you can fall into unnecessarily reductive thinking. (Sapolsky clips)
I describe myself as a philosophical anarchist. Which does NOT mean I want total chaos and disorder - it means I want the optimal solution to emerge - including the influences and experiences from the bottom-up.
I also think that a bottom-up (or anarchist) lens of analysis is necessary for society to run cohesively in an optimal state. If it is repressed it distorts the overall picture of reality for everyone - similar to a CEO that doesn’t listen to employees and workers on the ground.
I interpret as constantly holding authority to account - to justify its existence and reason for dominating others. I also believe it is every citizen's responsibility to hold authority to account. This would be necessary under ANY economic system or society.
Anarchists also believe in stigmenric, rhizomatic action to make the world better, organically, not from a top-down authority, which fascism seeks to instill on society.
Human beings are collectively parts of a bigger chaotic but stable system known as a CAS (Complex Adaptive System). CAS’s are chaotic systems that can reach periodic steady states of equilibrium.
As Professor Sapolsky explains, humans uniquely exist with a mixture of both communal and individualistic tendencies; known in the scientific world as Tournament vs. pair bonding.
All the evidence suggests that this tendency has greatly improved our success as a species. But those tendencies distorted too far one way or another lead to pathologies and the worst collective misdeeds and wars.
Because as Professor Sapolsky also explains in his brilliant lecture series (which I have condensed the pertinent parts of into a 4 part YouTube video) about CAS; the signals coming from the randomness is being suppressed or repressed, it interferes with the functioning of the system.
Pressure in the system makes the patterns more complex but at a certain point of increasing pressure in the complex system, it stops being linear and the doubling of patterns and periodicity totally stops. Order completely begins to break down because of the butterfly effect.
Fascist regimes fettishise order and rigidity but in a complex adaptive system, the noise IS the phenomena, not a byproduct to be discarded, ignored or repressed.
The majority of people on the right genuinely want to help society by bringing order, using top-down draconian measures if necessary. Whereas the left generally wants to help society by proactively building from the bottom up.
I think both of these approaches are necessary to be balanced properly for a healthy functioning society to emerge.
It seems our tendency to harness both traits and to focus intently on one or the other is our greatest collective strength, while also being our greatest weakness.
And similarly, on an individual level I believe our greatest strengths and weakness are the fact that our brains work efficiently by categorising information to filter out the unimportant bits that slow us down.
As the book by Daniel Kahneman - Thinking, Fast and Slow, brilliantly explains, slow deliberate, consideration thinking takes energy and time, so our brains developed filters which come out as biases. This is an inherent weakness of the human brain.
Now imagine the butterfly effect on the life of just one person who is influenced by the brainworms of QAnon cults or conspiracies which distorts their internal models of the world which they use to filter information about the world
The sad and shocking stories on forums like QanonCasualties show the devastating effects on their close friends, family and work life - amplified by their ever increasingly disconnected lives. (insert Flat earther clip - zoom in on idiot rolling head)
Now scale that up to the level of a whole of a society, a country, or the world? This is a collective madness to cope with and avoid the reality facing us as a species.
Only collective action with agreed basic facts to work from will do to avoid the total descent into actual chaos and destruction.

TLDR; Conclusion and Final Thoughts

In this essay I will have put forward the case for the following four key arguments being true and I have present supporting evidence to explain the logical reasoning for why our current definitions need updating and the threat levels reassed, from a non-hysterical but critical perspective. The overall claims I made are:
  1. Modern Fascism has taken over right-wing populism and bears all the hallmarks of early 20th Century Fascist ideologies.
  2. The ideology has two main reasons to exist, and two distinct audiences which both have a symbiotic, pathological relationship with each other.
  3. The main flaws and weaknesses of fascist ideology remain the same as ever - that fascism is motivated by irrational fears, greed and self deception.
  4. Modern Fascism has major unforeseen damaging consequences for individuals, governments, organisational dynamics, and society at large.
This reality is something I think a lot of fascists, ultra-nationalists and people who have been influenced by the propaganda know deep down on some level already - that they are avoiding the realities of pandemics and ecological harms of ignoring science and reality as it is.
They ignore it because fantasies are simpler to understand. And a narrative based on fear of the other is a simpler way to to process a complex world.
It is also attractive to the part of us that is drawn to conflict and drama - that hunger for something genuinely interesting to happen.
But I would argue from my experience that the beautiful complexity of life in all it’s shades of grey is much more interesting, fun and genuinely fulfilling to understand and engage in, even if it might be harder to deal with and harder to explain.
I believe it is also vital for the very survival of our species.
Thank you to my two Patrons:
Carmen Jongepier
E.V. Roske
(PS, Please, please consider helping me directly as a one off or regularly through Patron to help me continue to make content like and turn it into a high quality video this while surviving, I have just been dumped by my long term partner, I have a long-term physical disability limiting me while struggling to claim the benefits I’m entitled to and have paid into all my life. I now need to move out because I can’t afford to live here anymore on my own. I needed to finish this project before I could get on with other things in my life but I desperately need to focus on fixing myself now I have got this out)
Original Script on Patreon
submitted by Upper-Range to BetaReaders [link] [comments]

Did I understand the mining process correctly?

Hello all.
I am trying to figure out how mining of Bitcoin works as I have some shade of an idea, but I am not completely sure that is all clear in my mind.
In order to understand the whole process precisely, I have written something, but I would like to confirm that I have actually understood :D
Could you please confirm that what I write from this line is correct (thanks in advance)?
The mining of cryptocurrency involves 4 parts:
The sender is like the card holder in card payment (and could be a card holder in case is buying crypto via card)
The receiver is like the merchant in a card payment process (the sender and the receiver could also be the same person transferring money from a wallet to another.
The block chain is the technology that stores all the transactions in chronological order and on the surface is a mere public ledger, but the technology that runs it could be quite complex as it ensures that there cannot be double spending of the same money and that all the transactions are valid.
Each block consists in a number of transactions packed together, hence the name Block Chain.
The miners are those who use their computers to validate transactions.
The validation of cryptocurrency transactions is much simpler than the current cards and its beauty is that is performed by normal people instead of centralized institutions.
Whenever the sender has crypto to transfer to the receiver, a request to the block chain for the transfer of the amount of money from the sender's and the receiver's wallets is sent.
A miner will automatically start to validate the transaction through an encrypted algorithm.
Once the validation is done it is permanently stored in the block chain.
Transactions need multiple confirmations from multiple miners to be confirmed, so that it is possible to maintain the security of the transaction.
submitted by SantroKane to BitcoinBeginners [link] [comments]

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The Predator (2018) - V - $5
Rocketman - V/i - $8
Robin Hood (2018) – V/i - $5
Saving Private Ryan - V/I - $6
The Shallows - MA - $5
Sicario - V/i - $5
Skyscraper - MA - $5
Spider-Man Into the Spider-verse - MA - $6
Sum of All Fears - V - $6

Disney 4K - MA+DMR (NO GP)
Aladdin (Animated) - MA - $12
Avengers - MA - $8
Avengers Age of Ultron - MA - $8
Avengers Infinity War - MA - $7
Avengers Endgame - MA - $8
Captain America Civil War - MA - $9
Captain America First Avenger - MA - $9
Captain Marvel - MA - $8
Cinderella (Live) - MA - $7
Dumbo (2019) - MA - $8
Frozen - MA - $12
Inside Out - MA - $10
Lion King - MA - $7
The Little Mermaid - MA - $7
Mary Poppins Returns - MA - $6
Ralph Breaks the Internet - MA - $6
Thor - MA - $9
Thor Dark World - MA - $9
Toy Story - MA - $8
Toy Story 4 - MA - $12

HD
A Dog's Purpose - MA - $4
Air Strike - V/F/GP - $4
American Renegades - V/i - $4
Arrival - V/i - $5
Baby Driver - V/i - $4
Backdraft 2 - V - $4
Band of Brothers - i/GP - $10/8
Batman vs Superman - MA - $4
Battle of the Sexes - MA - $5
Ben-Hur (2016) - V/i - $3
Big Little Lies Season 1 - V/i/GP - $8/8/6
The Boss (Unrated) - V/i - $4
Braven - V/i - $5
Breaking In - MA - $4
Bumblebee - i - $4
Clear and Present Danger - i - $5
Cold Pursuit - V/i - $4
Criminal – i - $2
Daddy's Home 2 - V/i - $4
Death Wish (2018) - V - $3
Deepwater Horizon - V/i - $4
Escape Plan 2 - V/i - $4
ET - Vudu HD/itunes SD - $4
Expendables 3 (Unrated) - v/i - $2
Fast Five - i - $3
Fate of the Furious - v/I - $2
Ferdinand - MA - $5
Flatliners - MA - $4
Game of Thrones Season 1 - V/i/GP - $10/10/8
Game of Thrones Season 2 - V/i/GP - $10/10/8
Game of Thrones Season 3 - V/i/GP - $10/10/8
Game of Thrones Season 4 - V/i/GP - $10/10/8
Game of Thrones Season 5 - GP - $7
Game of Thrones Season 6 - V/i/GP - $10/10/8
Game of Thrones Season 7 - V/i/GP - $10/8
Get Out - v/I - $6
Ghost in the Shell - V - $5
Gifted - V/i - $4
Gods of Egypt - v/i - $4
Gravity - MA - $4
The Greatest Showman (from 4K release) - MA - $5
Halloween (2018) - MA - $4
The Happytime Murders - i - $4
Hostiles - V/i - $4
The House With a Clock in its Walls - MA - $5
How to Train Your Dragon 2 - MA - $5
The Hunt for Red October - i - $5
Inferno - V/i - $4
Insecure (Season One) - V/i/GP - $5/5/4
Instant Family - i - $4
Jack Reacher Never Go Back - v/i - $4
Jack Ryan Shadow Recruit - i - $5
Jurassic Park 2: The Lost World - MA - $4
Jurassic Park 3 - MA - $4
Jurassic World Fallen Kingdom - MA - $4
Justice League - MA - $4
Kin - V/i - $4
Kong Skull Island - MA - $4
LEGO Batman - V - $4
Life of the Party - MA - $4
Logan - V/i - $4
Manchester by the Sea - i - $2
Maze Runner: The Death Cure - MA - $4 (from 4K release)
Mother's Day - V/i - $4
Never Grow Old - V/i - $4
Only the Brave - V/i - $4
Patriot Games - i - $5
Peppermint - i - $3
Pet Sematary (1989) - V/i - $4
Proud Mary - V/i - $4
Run the Race - MA - $4
The Shape of Water - MA - $5
Snatched - V/i - $4
Huntsman Winter's War - MA - $4
Speed Kills - V - $3
The Sum of All Fears - i - $5
Terminator Genisys - V/i - $4
Transformers: The Last Knight - V/i - $4
Warcraft - V/i - $3
Westworld Season 2 - V - $7
What Men Want - V/i - $4
Wonder Park - i - $4
XXX Return of Xander Cage- V/i - $4
UPHE Rewards (HD MA) - $2
———————————————
You can choose one from the following six movies:
  1. American Girl: Lea to the Rescue (MA)
  2. Dead Again in Tombstone (MA)
  3. Dracula (1931) (MA)
  4. Frankenstein (1931) (MA)
  5. Ratchet & Clank (MA)
  6. The Stolen (MA)
Disney HD – MA+DMR or GP
Aladdin (Animated) - GP - $6
Ant-Man & the Wasp - GP - $4
Avengers - GP - $5
Avengers Age of Ultron - GP - $5
Avengers Endgame - GP - $5
Avengers Infinity War – GP - $3
Bambi - MA/GP - $6/5
Black Panther - GP - $5
Captain America: Civil War - GP - $5
Captain America First Avenger - GP - $5
Captain America Winter Soldier - GP - $5
Captain Marvel - GP - $5
Cars - GP - $6
Cars 3 - GP - $5
Cinderella (Live) - GP - $5
Coco - GP - $5
Doctor Strange - MA/GP - $6/5
Dumbo (2019) - MA/GP - $6/5
Finding Nemo - GP - $6
Frozen - GP - $5
Guardians of the Galaxy 2 - GP - $5
Hercules - MA/GP - $6/5
Incredibles 2 - GP - $4
Iron Man 1-3 - GP - $5 each
The Jungle Book (Animated) - MA/GP - $12/8
Lion King - GP - $5
Mary Poppins Returns - GP - $5
Moana - GP - $6
The Nutcracker and the Four Realms - GP - $5
Pirates of the Caribbean: Dead Men – MA/GP - $4/3
Planes - GP - $5
Ralph Breaks the Internet - GP - $5
Star Wars The Last Jedi - GP - $5
Thor – GP - $5
Thor Dark World - GP - $5
Thor Ragnarok - GP - $5
Toy Story 1 - GP - $5
Toy Story 2 - GP - $5
Toy Story 4 - GP - $8
submitted by monkeyonfire to DigitalCodeSELL [link] [comments]

In the Shade of Afternoon | Monthly FI Portfolio Update – August 2019

It is idle, having planted an acorn in the morning, to expect that afternoon to sit in the shade of the oak.
Antoine de Saint-Exupéry, Wind, Sand and Stars
This is my thirty-third portfolio update. I complete this update monthly to check my progress against my goals.
Portfolio goals
My objectives are to reach a portfolio of:
Both of these are based on an expected average real return of 4.19%, or a nominal return of 7.19%, and are expressed in 2018 dollars.
Portfolio summary
Vanguard Lifestrategy High Growth Fund – $750 246 Vanguard Lifestrategy Growth Fund – $43 194 Vanguard Lifestrategy Balanced Fund – $79 500 Vanguard Diversified Bonds Fund – $110 418 Vanguard Australian Shares ETF (VAS) – $102 977 Vanguard International Shares ETF (VGS) – $20 184 Betashares Australia 200 ETF (A200) – $258 984 Telstra shares (TLS) – $1 982 Insurance Australia Group shares (IAG) – $14 056 NIB Holdings shares (NHF) – $8 868 Gold ETF (GOLD.ASX) – $104 149 Secured physical gold – $16 759 Ratesetter* (P2P lending) – $19 968 Bitcoin – $158 330 Raiz* app (Aggressive portfolio) – $16 223 Spaceship Voyager* app (Index portfolio) – $2 104 BrickX (P2P rental real estate) – $4 395 Total value: $1 712 337 (-$2 653)
Asset allocation
Australian shares – 40.5% (4.5% under) Global shares – 22.2% Emerging markets shares – 2.4% International small companies – 3.1% Total international shares – 27.7% (2.3% under) Total shares – 68.3% (6.7% under) Total property securities – 0.3% (0.3% over) Australian bonds – 5.1% International bonds – 10.1% Total bonds – 15.1% (0.1% over) Gold – 7.1% Bitcoin – 9.2% Gold and alternatives – 16.3% (6.3% over)
Presented visually, below is a high-level view of the current asset allocation of the portfolio.
[Chart]
Comments
The portfolio experienced a small decline this month, with an overall decrease of $2 600. This movement comes after a strong period of expansion through the first half of the year in the value of the portfolio.
[Chart]
As with last month, the fall occurs despite some significant new investments being made, meaning the absolute size of the decline is somewhat obscured. Renewed concerns about global trade and a relative weakening in the outlook for future earnings played a significant role in the overall movement of the portfolio.
[Chart]
Once again movements this month within the portfolio have been relatively limited in terms of the size of the portfolio.
Equity holdings have declined by around $28 000 when contributions are accounted for, whilst appreciation in the price of gold has offset just over a third of that loss. In fact, despite no recent purchases, the gold component of the portfolio is currently at the highest nominal value it has ever held.
On the topic of gold, this 2013 paper (pdf) provides a comprehensive and skeptical empirical analysis of the range of claims made to support holding gold, including tracing the real gold value of average soldiers pay across 2000 years.
This month has seen a continuing 'averaging in' of the capital from July distributions. These have been directed to purchases of Vanguard's Australian shares ETF (VAS). This is to bring the allocation closer to my original targets - with my Australian shares allocation currently further underweight than the international shares allocation. Psychologically, a weakening Australian dollar has also made purchasing unhedged international shares more problematic.
Risk, volatility, markets and economies
There has been significant market volatility this month, and discussion around the future of Australian and global growth in the midst of trade tensions between US and China.
In such times, something to remember as this St Louis Federal Reserve piece points out, is that the economy and sharemarket are not the same thing. This means that bad (or good) news for one, does not necessarily imply anything about the other. Missing this has the potential to lead to overconfident investment actions predicated on assumptions of future national economic trends (which will themselves most likely be priced into equity markets well before any retail investor reading the news arrives).
The volatility in equity markets has brought out many well-intentioned injunctions to remain calm and fixed on the objective of contributing capital with a long-term view in mind.
At times, however, this wise advice can shade into a form of near complacency - for example, for people to invest confident in the knowledge that long-term returns are (almost) guaranteed. No doubt this is generally good advice, directed at easing particularly new investors' concerns about investing at the "wrong" time, and reducing the potential damage from selling into falling markets due to panic.
Even as I continue to invest amidst volatility, it is important to reflect on Elroy Dimson's definition that 'risk means more things can happen than will happen', and to consider that the history of equity markets available to us provides only a basis for sound conclusions around what has happened, not what could happen. This is the definition of the risk assumed in markets by investors.
None of this is to suggest that starting, saving and regular investing with a view to one's individual risk tolerances are not the most important steps in the path to FI. There is a need to pause, however, and acknowledge that at times common financial independence investment precepts bear a disconcerting passing resemblance to the declaration and mathematical proof offered by famous stock promoter Jacob J Raskob in the well-known Ladies Home Journal (pdf) article exactly 90 years ago. This declaration was that with a steady investment in equities, based on the past patterns of returns, 'everybody ought to be rich'.
Nearly 90 years happened to be just before the Great Depression devastated equity markets and employment prospects alike, and US equity investors were behind in nominal terms for around 25 years. Interestingly, however, this New York Times article argues that deflation, higher dividend yields and impacts from changes in the Dow index composition could theoretically have shortened the real losses of any investor to just 4.5 years, provided they possessed the resources and fortitude to hold on to average stocks.
Progress
Progress against the objectives, and the additional measures I have reached is set out below.
Measure Portfolio All Assets Objective #1 – $1 598 000 (or $67 000 pa) 107.1% 145.4% Objective #2 – $1 980 000 (or $83 000 pa) 86.5% 117.4% Credit card purchases - $73 000 pa 98.3% 133.4% Total expenses - $89 000 pa 80.7% 109.4%
Summary
Progress against my goals and benchmarks has been static this month, with the exception of the 'total expenditure' benchmark. My detailed review of expenditure last month identified that I could lower this to recognise some double-counting of fixed expenses, and this has meant a leap forward in progress in that aim of 5.8 per cent. This moves the clock forward appreciably for achieving that benchmark.
As a general rule, it is always later than we think. For example, on a recent lunch time walk it occurred to me that if my progress to my current FI target of $1.98 million is considered in terms of the length of an ordinary working day, it is currently approximately 3.50pm in the afternoon. Quite late, and just over an hour until heading home.
This perspective, of being further towards the tail end than expected, is explored fully and powerfully in the blog Wait but Why here. It helps frame the remaining journey. Viewed in this way, wishing time away seems less useful and fitting than seeking to fill the remaining time with as much meaning, learning, knowledge transmission and patience as feasible. Yet it also explains why in a FI context at this stage sharp changes in investing approach, or commencing new 'side hustles' have limited appeal.
Despite it being late afternoon from this one perspective, there are a couple of other considerations or viewpoints. One is the potentially deceptive role of compounding later in the journey, which means that - at least in a stylised world of 'smooth returns' - the end goal is actually likely closer than any purely linear measure would suggest.
The other counterpoint to this is that while in my case the absolute journey to FI has involved serious investments over around 18 years, this is not the whole story. Viewed in terms of the average 'age' of dollars actually contributed or invested, the journey of the average dollar in the portfolio has been shorter.
In fact, in terms of dollars contributed, around 50 per cent have been contributed since January 2016. So, in some ways, it is more akin to mid-morning for the portfolio as a whole, meaning perhaps that I should not reasonably expect to shade myself under the oak tree just yet.
Finally, this month also saw Pat the Shuffler emerge from a short hiatus and provide a honest and well-argued insight into his rethink on investment options between LICs and ETFs. I also enjoyed reading the start of another Australian FI voice at Fire for One.
The past few months has also had many interesting podcasts related to FI - from The Escape Artists' Chris Reining on Equity Mates, to a really fascinating practical ChooseFI episode on David Sawyer's on the UK Path to FI. On the slightly more technical and future focused side of finance, the outgoing address of the Bank of England's Governor to the Jackson Hole central bankers gathering provides much food for thought on current and longer term monetary and currency issues, particularly as global bond rates continue to cross the 'zero-bound' into uncharted territory.
The post and full charts can be seen here.
submitted by thefiexpl to fiaustralia [link] [comments]

(Selling) 100+ 4K/HD/DMR Codes: Endgame, Rocketman, Secret Life of Pets 2, Matrix Trilogy, Disney, Game of Thrones, Band of Brothers

FULL PRICE FOR SINGLE CODES. I ACCEPT VENMO, CASHAPP, ZELLE, BITCOIN, GPAY, PAYPAL F&F. Sign up for Cashapp and you will get $5 free: SIGN UP

PLEASE DO NOT REDEEM GP PORTION IF YOU ARE BUYING MA OR iTUNES IF YOU ARE BUYING VUDU, VICE VERSA.
As cliche as this may sound, this is how I put food on the table for my family.
I am also selling physical copies of any of the movies below, 4K are $7+ and Blurays are $5 (except Marvel and new releases). PM me for details.

Disney/Marvel MA codes will include DMR. Please double check 4ksheet.com for 4K redeemability and portability.

MA=Movies Anywhere, V=vudu, i=iTunes, F=Fandango, GP = Google Play (Disney GP will port to MA!)

4K (Non-Disney)
A Quiet Place - V/i - $5
A Star is Born - MA - $6
Alita - MA - $10
Allied - V/i - $5
Apocalypse Now (Original, Final Cut, Redux) - V/F/i - $9 (SEE 4KSHEET for redemption)
Aquaman - MA - $6
Batman & Robin - MA - $8
Batman Hush - MA - $7
Black Hawk Down - MA - $6
Bumblebee - V/i - $5
Cold Pursuit - V/F/i - $5
The Commuter - V/i - $5
Deadpool - MA (itunes redeem) - $5
Deepwater Horizon – i – $3
Detective Pikachu - MA - $9
Equalizer 2 - MA - $6
Ex Machina – F - $5
Fantastic Beasts Crimes of Grindelwald - MA - $6
Fast & Furious 6 - MA - $5
Fate of the Furious (Theatrical) – MA (v/i redeem) – $3
Fate of the Furious (Extended) – MA (v/i redeem) - $3
Fifty Shades Darker - MA (itunes redeem) - $6
Fifty Shades Freed - MA (v/i redeem) - $6
Fifty Shades of Grey - MA (itunes redeem) - $6
Forrest Gump - V - $6
Furious 7 - MA (v/i) - $5
Glass - MA - $6
Hacksaw Ridge - i - $3
Halloween (2018) - MA - $6
Hellboy (2019) - V/i - $9
Hellboy Animated Double Feature - F - $6
Hostiles - V/i - $5
The House With a Clock in its Walls - MA - $6
How To Train Your Dragon 3 - MA - $6
Hunter Killer - V/i - $5
Jack Reacher Never Go Back - V/i - $5
Jack Ryan Shadow Recruit - V - $6
Jason Bourne – MA/i - $4
John Wick 2 – v/i - $5/4
John Wick 3 - i - $10
Jumanji Welcome to the Jungle - MA - $4
Jurassic World Fallen Kingdom - MA - $5
Justice League - MA - $6
King Kong (2005) - MA - $6
Kingsman Golden Circle - MA (itunes redeem) - $5
LEGO Movie 2 - MA - $6
Mama Mia! Here We Go Again - MA - $5
The Matrix - MA - $7
The Matrix Reloaded - MA - $8
The Matrix Revolutions - MA - $8
The Matrix Trilogy - MA - $22
The MEG - MA - $5
The Mule - MA - $6
Leon The Professional (The Professional) - MA - $8
Logan - MA (itunes redeem) - $4
Lord of War - F - $5
Mission: Impossible Collection 6 Movies - i - $24
Mission: Impossible Fallout –V/ i - $5
The Nun - MA - $7
Patriot Games - V - $6
Pet Sematary (1989)– V/i - $4
Pet Sematary (2019)– i - $6
Point Break (2015) - MA - $5
Predator (1987) – MA – $5
The Predator (2018) - V - $5
Rocketman - V/i - $8
Robin Hood (2018) – V/i - $5
Saving Private Ryan - V/I - $6
Sicario - V/i - $5
Skyscraper - MA - $5
Spider-Man Into the Spider-verse - MA - $6
Sum of All Fears - V - $6

Disney 4K - MA+DMR (NO GP)
Ant-Man and The Wasp - MA - $6
Avengers - MA - $8
Avengers Age of Ultron - MA - $8
Avengers Infinity War - MA - $7
Avengers Endgame - MA - $8
Captain America Civil War - MA - $9
Captain America First Avenger - MA - $9
Captain Marvel - MA - $8
Cinderella (Live) - MA - $7
Coco - MA - $7
Dumbo (2019) - MA - $8
Inside Out - MA - $10
Iron Man 1-3 - MA - $9 each
Lion King - MA - $7
Mary Poppins Returns - MA - $6
Ralph Breaks the Internet - MA - $6
Thor - MA - $9
Thor Dark World - MA - $9
Toy Story - MA - $8

HD
A Dog's Purpose - MA - $4
Air Strike - V/F/GP - $4
American Renegades - V/i - $4
Arrival - V/i - $5
Baby Driver - V/i - $4
Backdraft 2 - V - $4
Band of Brothers - i/GP - $10/8
Batman Complete Animated Series - V - $35
Batman vs Superman - MA - $4
Battle of the Sexes - MA - $5
Ben-Hur (2016) - V/i - $3
Big Little Lies Season 1 - V/i/GP - $8/8/6
The Boss (Unrated) - V/i - $4
Braven - V/i - $5
Breaking In - MA - $4
Bumblebee - i - $4
Captain Underpants - MA - $5
Clear and Present Danger - i - $5
Cold Pursuit - V/i - $4
Criminal – i - $2
Daddy's Home 2 - V/i - $4
Death Wish (2018) - V - $3
Deepwater Horizon - V/i - $4
Escape Plan 2 - V/i - $4
ET - Vudu HD/itunes SD - $4
Expendables 3 (Unrated) - v/i - $2
Fast Five - i - $3
Fate of the Furious - v/I - $2
Ferdinand - MA - $5
Flatliners - MA - $4
Game of Thrones Season 1 - V/i/GP - $10/10/8
Game of Thrones Season 2 - V/i/GP - $10/10/8
Game of Thrones Season 3 - V/i/GP - $10/10/8
Game of Thrones Season 4 - V/i/GP - $10/10/8
Game of Thrones Season 5 - V/i/GP - $10/10/8
Game of Thrones Season 6 - V/i/GP - $10/10/8
Game of Thrones Season 7 - V/i/GP - $10/8
Get Out - v/I - $6
Ghost in the Shell - V - $5
Gifted - V/i - $4
Gods of Egypt - v/i - $4
Gravity - MA - $4
The Greatest Showman (from 4K release) - MA - $5
Halloween (2018) - MA - $4
The Happytime Murders - i - $4
Hostiles - V/i - $4
The House With a Clock in its Walls - MA - $5
How to Train Your Dragon 2 - MA - $5
The Hunt for Red October - i - $5
Inferno - V/i - $4
Insecure (Season One) - V/i/GP - $5/5/4
Instant Family - i - $4
Jack Reacher Never Go Back - v/i - $4
Jack Ryan Shadow Recruit - i - $5
Jurassic Park Collection (First 4 Movies) - MA - $16
Jurassic Park - MA - $6
Jurassic Park 2: The Lost World - MA - $5
Jurassic Park 3 - MA - $5
Jurassic World - MA - $4
Jurassic World Fallen Kingdom - MA - $4
Justice League - MA - $4
Kin - V/i - $4
Kong Skull Island - MA - $4
LEGO Batman - V - $4
Life of the Party - MA - $4
Logan - V/i - $4
Manchester by the Sea - i - $2
Maze Runner: The Death Cure - MA - $4 (from 4K release)
Mother's Day - V/i - $4
My Hero Academia Two Heroes - Funimation - $5
Never Grow Old - V/i - $4
Only the Brave - V/i - $4
Patriot Games - i - $5
Peppermint - i - $3
Pet Sematary (1989) - V/i - $4
Proud Mary - V/i - $4
Run the Race - MA - $4
The Shape of Water - MA - $5
Snatched - V/i - $4
Huntsman Winter's War - MA - $4
Speed Kills - V - $3
The Sum of All Fears - i - $5
Terminator Genisys - V/i - $4
Transformers: The Last Knight - V/i - $4
Warcraft - V/i - $3
Westworld Season 1- V - $7
Westworld Season 2 - V - $7
What Men Want - V/i - $4
Wonder Park - i - $4
XXX Return of Xander Cage- V/i - $4
UPHE Rewards (HD MA) - $2
———————————————
You can choose one from the following six movies:
  1. American Girl: Lea to the Rescue (MA)
  2. Dead Again in Tombstone (MA)
  3. Dracula (1931) (MA)
  4. Frankenstein (1931) (MA)
  5. Ratchet & Clank (MA)
  6. The Stolen (MA)

Disney HD – MA+DMR or GP
Ant-Man & the Wasp - GP - $4
Avengers Endgame - GP - $5
Avengers Infinity War – GP - $3
Black Panther - GP - $5
Captain America: Civil War - GP - $5
Captain America First Avenger - GP - $5
Captain America Winter Soldier - GP - $5
Captain Marvel - GP - $5
Cars - GP - $6
Cars 3 - GP - $5
Cinderella (Live) - GP - $5
Coco - GP - $5
Doctor Strange - MA/GP - $6/5
Dumbo (2019) - MA/GP - $6/5
Finding Nemo - GP - $6
Guardians of the Galaxy 2 - GP - $5
Incredibles 2 - GP - $4
Iron Man 1-3 - GP - $5 each
The Jungle Book (Animated) - MA/GP - $12/8
Lion King - GP - $5
Mary Poppins Returns - GP - $5
The Nutcracker and the Four Realms - GP - $5
Pirates of the Caribbean: Dead Men – MA/GP - $4/3
Planes - MA/GP - $6/5
Planes Fire & Rescue - MA/GP - $6/5
Princess and the Frog - MA - $6
Ralph Breaks the Internet - GP - $5
Star Wars The Last Jedi - GP - $5
Thor – GP - $5
Thor Dark World - GP - $5
Thor Ragnarok - GP - $5
Toy Story 1 - GP - $5
Toy Story 2 - GP - $5
Toy Story 3 - GP - $5
submitted by monkeyonfire to DigitalCodeSELL [link] [comments]

My advice for grinding Competitive solo

EDIT: I doubt this will matter by this point, since this post is getting downvoted so much, but maybe actually skim through and read some of my points. If I genuinely have nothing new of value to add to the discussion then sure, downvote me. But it's kind of pointless to downvote when there's some new advice that could genuinely help certain players. I guarantee that this post isn't the same as every other post about grinding Comp.
So, I managed to get to Fabled last season completely solo and unlocked 3 pinnacles weapons all at once. And I haven’t touched a Hand Cannon ever since. Anyway, at the time, my KDA was around 1.04; not terrible, but not great. I started thinking about how I played, changed my strats, (switched to Hunter), and my KDA has risen to 1.09 this season. Not much, but something. Anyway, I’ve seen some Competitive advice posts, and I thought I’d post my own.
This is advice meant for solo players who are just okay at PvP, like me. Yes, some of this advice might contradict itself. Yes, some of this advice might be bad. But, this is what's worked for me. And yes, maybe some of this advice is obvious to some of you, but it's not obvious to everyone. EDIT: And yes, I am aware that some of the advice is the same as in other crucible advice posts, but a lot is stuff I haven't seen posted before.
This turned out to be a lot longer post than I expected. A lot, a lot longer.
I call this advice the 4 C’s of Crucible: Calm, Cooperation, Combat, and Communication

Calm (staying calm and avoiding stress):

The point of playing a game is to have fun. So, it’s important to stay calm and relaxed. This can be hard to do in Destiny 2, especially in Crucible, especially especially in Competitive. And keep in mind, half the teams in Crucible win and half the teams lose, every day, no matter what. The statistics are against you.
But playing stressed out and angry defeats the point of playing at all. And people who are stressed and frustrated tend to play worse, and people who are calm and relaxed tend to play better.
Recognize the game is unfair and move on:
Recognize that luck is a big part of winning and losing:
Try to ignore the bad and focus on the good:
If you’re not having fun, or you hit a lose streak, stop playing for a while:
Don’t give up, don’t quit a match:
Don’t get intimidated by stacks:
Adjust your playstyle to relieve the most stressful parts of the game:
Blame Bungo and vent in chat:

Cooperation:

Cooperating with your team in a team based game is obvious. But cooperation is especially important when you’re a solo blueberry and it’s much harder to do than when you’re playing with friends. I hate using voice chat or having friends, so this is what I’ve learned:
(EDIT: After a conversation in the comments I feel I need to mention: KDA or Efficiency/KAD is more important than straight KD. Going for a high KD encourages people to not play as a team and to ignore their teammates, because helping teammates means you could lose kills to them. KDA and Efficiency (KAD) is a more accurate measure of how good you are in a team based game. By valuing assists as equal to kills, Bungie is encouraging players to work as a team and help each other out.)
Stick together:
Move as a team:
Team shoot:
You can focus fire roaming supers:
The “Back and Forth”:
Flanking! Don’t stick together?:
Run Away! Regroup!:
Regroup even when you’re not in danger:
Pay attention to what your teammates are doing:
When in doubt, follow the guy at the top of your team:
Control heavy:
Use heavy as bait:
Distract your opponents, keep them occupied:
Do something unexpected to distract and confuse your enemies:
Killing even one opponent can make them break:
Play the objective:
Lord of Wolves? More like bored of wolves, amiright?
Do something to appease Machi, the God of Matchmaking:

Combat:

Okay, so you’re staying relaxed, cooperating with your team, but you still need to play good, or at least good enough. So, here are some things I’ve learned playing Competitive, and playing Crucible in general.
Staying alive is almost as important as getting final blows:
Don’t get stuck in a rut, don’t act out of habit:
Shoot where your opponent is going to be, not where they are right now:
Shoot before you see the enemy (with primary ammo weapons):
Get behind cover before you think you need to:
Keep shooting until you’re back in cover (with primary ammo):
Don’t engage the enemy until you’re fully healed:
Keep shooting even when your enemy is behind cover:
Never stop shooting:
Start shooting before you aim down sights (with primary ammo, mid range weapons):
Swipe your aim/"Draw" bullets along your opponent's body:
Pay attention to your radar:
Pay attention to your surroundings:
What about those players that are dancing left and right as they kill you in two handcannon shots?:
Find Your Playstyle:
Don't be afraid to adjust your loadout during a match:
Pick your battles:
Try to think several steps ahead of your opponents:
Sniper Advice (1/3) cover the usual routes and wait:
Snipers (2/3), long range firefight:
Snipers (3/3), swing your shot (sniper bullets curve around walls):
What about those players who can shoot a sniper round between three obstacles and get a heashot, while sliding?:
Weapon and Armor perks are probably important:
Just play as a Titan:
Just play as a Titan (serious version):

Communication:

When you’re playing solo, and you’re not using voice chat, then there’s not many opportunities to use chat effectively. But, there are some.
Get everyone onto the same page:
Giving directions in text?:
Compliment your teammates:
Don’t be toxic; your own attitude is preventing you from enjoying the game:
Respond to toxic gamers by being a cheesy doofus:
Anyway, I hope that helps some of you loners out there. Good luck and have fun.
submitted by electriccartilage to DestinyTheGame [link] [comments]

For Trading Dec 12 Market Update

Market Strategies Newsletter - Special Daily Edition
For Trading December 12th
FED DAY - A Yawn
Trump Impeachment Nobody Cares
LULU Beats – But Falls
Join Us Every Day, Link Below
Today’s market was another boring affair with the Fed leaving rates unchanged, sending rates slightly lower and dragging the financials with them, while energy was weak after a larger than expected build in inventories. The DJIA was kept in check by BA getting more bad news from a whistleblower and the FAA saying that the 737MAX will not be recertified in 2019. The stock recovered from a low of $338.50 to close $349.50 +1.60, but HD gave 2020 guidance well under expectations and fell another $3.80 and CVX took an $11Billion write-down on gas properties and fell $1.67. We opened lower and fell to the lows -80 around 11:15 and then spent several hours going sideways and after the Fed announcement started up and by 2:15 we were back to unchanged. We made the high +44 just before the close and finished +29.58 (.11%), NASDAQ +37.87 (.44$), S&P 500 +9.11 (.29%), the Russell +.21, and the DJ Transports +49.02 (.46%). A/D was 9:5 on NYSE and 17:14 on NAZ. The DJIA was split 15:15 and the biggest loser was HD -26 DPs. There were 4 double-digit gainers with AAPL +16, BA +14, UTX +13 and DIS +10DPs. AAPL got 2 more upgrades with a new high price objective of $305.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: We started with the news from Children’s Place PLCE with an argument that the $76 Million acquisition of the Gymboree IP in March may turn out to be sidetracked by Target’s entrée into the space. The stock fell back to 2016 lows, closing $54.52 -16.35 (23.14%). Madrigal Pharma fell on the news that a 1.2million share secondary was priced @ $107.85 by funds affiliated with Bay City Capital. The sale does not benefit the company and it will receive none of the proceeds. The stock fell to $99.08 -19.42 (16.39%). Also this morning, Citron, the noted short-seller put out a sell rec on PTON, with a price objective of $5.00. They find fault with the Internet offering of the program for non-owners of the $2,245 bike, priced at $12.99 a “flawed business plan” when the owners of the equipment pay $39.00 for the “connected fitness plan” and consider the company in the same category as GoPro and Fitbit. The IPO, one of the least successful of late had priced at $29, well below its target range and then gapped down and fell to $21 in the next several days. It had clawed its way back to trade as high as $37.02 before reversing and falling back to $29.87 today, a 3-day decline from $35.35 on a poorly received TV ad. My personal feeling is that $2400 for something that has a good shot of turning into a spot to hang clothes is a touch high, and while NYC gyms are substantially more expensive, if you want to go to Planet Fitness for $10/month, you can take all the spinning classes you want.
After the close, LULU, a true darling this year, moving from $118 to a new high of $235.50 today (basically a double) reported a beat of forecasts, with inline revenues, but was at the low end of expectations. The stock fell from the close of $233.19 to a low of $215 before finishing the session $222.66 -10.53 or 4.6%.
Also reporting was Tailored Brands (TLRD), the combination of Men’s Wearhouse and Joseph A. Bank. The loss of $1.80/ share was in contrast to the forecast earnings of $ .40 -.45. This is the ill-fated merger, second only to Sears-Kmart, of two retailers that were dominated by the Jos A. Bank buy 1, get 7 suits free model. The stock, which had a high of $66.18 in 2015 finished the day today $4.85, and then traded lower to finish $4.67.
BIOPHARMA: was MIXED with BIIB -5.20 (1.75%), ABBV +.19, REGN +5.85 (1.59%), ISRG -.58, MYL +.12, TEVA +.11, VRTX -.27, BHC +.06, INCY -.83, ICPT +4.48 (3.9%), LABU -2.40, and IBB $119.48 -.62 (.52%).
CANNABIS: stocks were LOWER with TLRY -.30, CGC +.21, CRON +.01, GWPH +.42, ACB -.05, PYX -.16, APHA -.05, NBEV +.07, ACRGF -.01, CIRLF -.04, KERN -.19 and MJ $16.97 -.10 (.59%).
DEFENSE: was HIGHER with LMT +2.56, RTN +1.29, GD -1.21, TXT -.19, NOC +3.52, UTX +1.90, BWXT +1.38, TDY +3.76, AND ITA $228.00 +1.47 (.65%).
RETAIL was LOWER with M -.01, JWN -.20, KSS -.34, DDS -3.69 (5.16%), JCP -.04, WMT -.09, TGT -.02, TJX +.12, KR +.18, RL -2.37, UAA -.09, LULU (SEE ABOVE), TOR +.29, CPRI +.22, and XRT $44.60 -.31 (.69%).
FAANG and Big Cap: were HIGHER with GOOGL +2.11, AMZN +10.79, AAPL +2.57, FB +1.53, NFLX +1.88, NVDA +3.42, TSLA +5.74, BABA +4.20, BIDU +1.72, BOX -.18, IBM +.06, BA +1.60, CAT +1.13, and XLK $87.96 +.59 (.68%).
FINANCIALS were MIXED with GS - .01, JPM - .01, BAC - .02, MS -.05, C +.45, PNC +1.90, AIG -.59, TRV +.09, AXP +.44 and XLF $30.30 +.01 (.03%).
OIL, $58.76 - .48. Today’s action was mostly just a quiet day for Oil and the other energy markets. Weakness in crude, caused by a larger than expected build in supplies was the influence. Nat Gas was a shade lower and the stocks were mixed. I’m still interested in getting long UNG, but I’d like to see a bit of stability first, or at least a test of yesterday’s low. XLE was $59.67 -.10 (.17%).
METALS, GOLD: $1,475 + 6.90. We have fallen right back down to the most recent, and most important area of support around $1,450. I think we can see another test of $1,490 -$1,500 again. Current range is between 1450 -1490.
BITCOIN: closed $7,175 -40. We broke to the upside but ran into a brick wall just under $8,000. After having a GTC order @ $9.85 since we sold on 11/5, we finally got filled on the first 350 shares. I will add another 400 either higher or lower. GBTC closed $8.63 - .02 today.
Tomorrow is another day.
CAM
submitted by Dashover to swingtrading [link] [comments]

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