This YouTube video by Crypto Zombie discusses the current value drop in almost all cryptocurrencies. The month of February saw all time highs, new investors, and Elon Musk joining the movement. The drop from this past week probably seems scary for everyone who is new. To anyone who has held these assets for 6 months or longer, this is normal. Throughout 2020, holders wondered if Bitcoin would every break to above $20,000. Today it’s over $43,000, although it almost reached $60K this month.
There has been a Bitcoin pattern of explosive growth, sharp drops that don’t quite reach the bottom, then sideways consolidation before even higher growth. When in doubt, zoom out. A long range view of Bitcoin’s price shows higher highs AND higher lows. Other cryptocurrencies, called altcoins, tend to follow Bitcoin’s lead, and Bitcoin is considered the tide that lifts all the boats.
In the video, the host K-Dub goes through some charts, and determines that the bottom of this current dip is in the $40K to $42K range. That will be a good time to buy before the next bull run. Many crypto mavens expect Bitcoin to reach 6 figures in 2021, so newbies shouldn’t despair. This is normal.
This YouTube video by Clownfish TV reports on the scandalously low earnings of animators in Japan, despite the explosion in anime’s popularity. Not only is Japanese animation high quality compared to that from the U.S., there’s an abundance of it. There is also an abundance of young and eager animators in Japan, and the huge labor pool keeps wages down. The creators of comics, or manga, tend to be better off because they can be more individualistic in their art and storytelling styles.
The video also discusses the state of comics and animation in the West. Mainstream comics are published by large companies (mainly Marvel and DC), who have numerous employees and freelancers working for them. Artists and writers for these publishers are also compensated poorly because they’re so numerous, which drives down demand. Independent comic creators are having more success getting crowdfunded and making their own books.
Animation is notoriously expensive to produce, despite the low wages of its workers. It almost has to be done by large studios, until technology advances enough to allow small independent outfits a chance. It does seem though, that artists around the world are better off working for themselves, rather than a corporation.
This week has seen a price drop in most cryptocurrencies, led by Bitcoin. The previous 2 to 3 weeks saw cosmic growth of most crypto assets, therefore we’re seeing a correction and sideways consolidation this week. In contrast, the Cardano project and its native currency ADA are breaking out, possibly to new all time highs. This is because of some announcements by its developers and moves by large investment firms. The following YouTube video by Altcoin Daily provides us with a report.
Cardano is intended to be a software platform for decentralized blockchain applications, in direct competition with Ethereum. This previous post explains what Ethereum is (Ethereum Explained), and why these blockchain platforms are so important for the future. One huge disadvantage for Ethereum is its “gas” prices. Gas is the term for processing power needed to run apps on the platform, and it costs money to enable it. Ethereum gas prices have become unreasonable in the past few months, so Cardano and other rival platforms hope to address it.
Apps that run on Ethereum can be ported to Cardano with little or no modifications. 2 other blockchain platforms to keep your eyes on are Polkadot and Binance Chain.
In this YouTube video by Personal Power, the host Benjamin explains the Socratic Method of reasoning. The Socratic Method is based on asking questions, rather than presenting information to counter the opponent. It does no good to start arguing at the outset, because both sides will dig in and not move from their positions. To ask questions is more inviting and hospitable; it makes you and your conversation partner more open to new ideas.
Benjamin lists 6 questions, or groups of questions that can be asked during the session. You don’t need to follow them in order, but ask them as they become pertinent in your conversation.
Why do you have this belief?
Are there similar beliefs, from different points of view?
What is the evidence for this belief?
Are there different beliefs?
Why do you have this belief? Why is it important to you?
What are the consequences of having this belief? What are the consequences of giving it up?
By following the Socratic Method, we can determine not just the truth of our assumptions, but whether it’s worth maintaining a relationship with certain people. Most people should be open to questions, but one isn’t, they probably have something to hide, or have sinister intentions. This is a good way to detect narcissists.
In your fitness journey, pain in muscles and joints is inevitable. I’m currently experiencing it in my Achilles tendon. Should you continue working out while you have these problems? Not without addressing the pain and recovering from the underlying issues.
In this first video, Jeff Cavaliere of Athlean-X explains the cycle of pain; how pain in one part of the body causes one to change their exercise movements, which leads to overcompensation in other parts, and then new pain in those parts. The answer to most physical pain is joint recovery, which is possible with diet and supplements.
Cavaliere promotes his own brand of supplements on his YouTube channel, and that’s a good place to start. Athelan-X is one of the most reputable fitness channels on YouTube. If you wish to shop around, this video by The5bestpro lists 5 other good brands.