Weekly news
Added 2020-04-22 12:59:10 +0000 UTCHello dear Patreons!
It is springtime in the northern hemisphere and everything is in bloom. I love the continuous sunshine and the blue sky in the last four weeks. On my early morning walks in nature I could see the torne bark of young cherry trees trying to suck up water from earth. It is too dry for this time of the year and it clouds my joy about spring. This is the third year with meditarranean temperatures in Germany and nature has not adjusted yet. I will pray for rain. How I will do it? By singing: https://www.youtube.com/watch?v=Q5yoDpAb7V4 (Gene Kelly, singing in the rain).
An here are some news articles for this week.
We wish you all a wonderful day
Rose
BITCOIN
Bitcoin Supposed To Be A Hedge Not Against Market Collapse but Fiat-Collapses
Most of the people in the crypto industry have waited for a financial crisis similar to that which happened in 2008 to test if Bitcoin can act as a safe-haven asset.
LIBRA 2.0
How Facebook Cryptocurrency Libra 2.0 Faced Uncertainty?
Facebook’s Libra project appears as an abject failure after a year of its announcement has passed. Libra 2.0 has shifted its focus. It is now on the provision of a way for people to buy and sell utilizing different kinds of coins.
https://www.thecoinrepublic.com/2020/04/20/facebook-cryptocurrency-libra-2-0/
CHINA'S DIGITAL CURRENCY RMB
China Central Bank Digital Currency : Everything You Need To Know
The People’s Bank of China’s digital currency is the electronic form of RMB. The digital currency of the Chinese central bank claims that it is different from the digital currencies like Bitcoin and others. This digital currency is referred to as be forensic. Since its launch has national credit approval.
Leaked Images Show China Reportedly Testing Mobile App for Digital Currency
OIL
What is a negative crude oil price and does it mean anything for consumers?
The price of a barrel of benchmark US oil plunged below zero dollars a barrel on Monday (April 20) for the first time in history, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts travel and curbs economic activity.
CORONA / FINANCIAL EASING
Money Is Losing Its Meaning
Doing “whatever it takes” to save the global economy from the coronavirus pandemic is going to cost a lot of money. The U.S. government alone is spending a few trillion dollars, and the Federal Reserve is creating another few trillion dollars to keep the financial system from collapsing.
https://uk.finance.yahoo.com/news/money-losing-meaning-100023306.html
PSYCHOACTIVES
Bicycle Day – exploring the legacy of Albert Hoffmann
Virtual Celebration by Alex and Alyson Grey
On April 19, 1943 a Swiss chemist named Albert Hoffmann took the first intentional dose of LSD and went on a bike ride that would change history. LSD went on to be used in hundreds of research experiments in the middle of the century changing our understanding of the nature of consciousness and its biological basis.
https://www.youtube.com/watch?v=4oHEisZvcTk
