Bitcoin Company CEO Dead Of Apparent Suicide

CEO of bitcoin exchange found dead in Singapore [auto-x-post - OP was 90tilinfinity]

submitted by fringebot5001 to fringediscussion [link] [comments]

Bitcoin CEO found dead in Singapore, authorities calling it suicide [auto-x-post - OP was R0B34U]

submitted by fringebot5001 to fringediscussion [link] [comments]

I've had two post deleted covering the topic of the CEO of a Bitcoin exchange being found dead in Singapore

source link: I've had two post deleted covering the topic of the CEO of a Bitcoin exchange being found dead in Singapore
poster: Seriouslysoftpillow, original conspiracy link
Discourse level: 100%
Shills: 0%
submitted by conspirobot to conspiro [link] [comments]

morning wrap up

Saudi Arabia annunced it will slash its oil exports unilaterally next month - by 500K barrels per day - as OPEC producers met over the weekend to halt a market slump that had seen crude decline by 20% since early October. A broader OPEC output cut was also debated in Abu Dhabi, but with Russia warning of "hasty decisions," a verdict was postponed until the next full OPEC meeting, scheduled to take place in Vienna on Dec. 6.
Economy
Sterling slipped 0.8% overnight to $1.1269 as former British Foreign Minister Boris Johnson came out swinging against Theresa May, stating the U.K. is on the verge of "total surrender" in Brexit negotiations. May also faces the threat of further resignations from several pro-EU ministers following the departure of transport minister Jo Johnson on Friday, while the Labour party said leaving the bloc without a deal would be blocked by parliament.
The euro is not "a clear alternative" to the dollar thanks to the U.S. currency's international "strengths," French President Emmanuel Macron told CNN. "This is an issue of sovereignty for me. We made a great job during the past years but it’s not yet sufficient... That’s why I want us to work very closely with our financial institutions, at the European levels and with all the partners."
Alternatives to Libor underpinned less than 5% of interest rate derivatives traded last quarter, FT reports, with regulators like the U.S. Fed and Bank of England trying to wean financial markets off the scandal-tainted benchmark. Banks will no longer be required to submit the daily rates that together form Libor from 2021 as many believe the benchmark no longer accurately reflects the cost of unsecured borrowing between banks.
World leaders are heading to Singapore for the semiannual ASEAN summit, where Chinese Premier Li Keqiang is expected to rally support for the Regional Comprehensive Economic Partnership, a free trade deal that will encompass more than a third of the world's GDP. The pact currently includes 16 countries, including China, India, Japan and South Korea, but not the United States.
Meanwhile, Vietnam's National Assembly has unanimously ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the updated version of the TPP following the U.S.'s withdrawal in 2017. Brunei, Chile, Malaysia and Peru are now the four remaining member nations that are yet to ratify the 11-nation trade pact, which will slash tariffs across much of the Asia-Pacific.
U.S. stock index futures are starting the week not far from the flatline. No major economic data is expected and the session could see low trading volumes as U.S. bond markets are closed for Veterans Day. In earnings news, several retailers including Walmart (NYSE:WMT) and Macy’s (NYSE:M) will be on the radar this week, with investors keen on hearing what they say about consumer sentiment.
Wildfires raging north of San Francisco and near Los Angeles have killed at least 31 people, as more than 250K people flee the areas against a backdrop of damages that could reach $19B. In the past, PG&E (NYSE:PCG) has been faulted for several deadly blazes across the state, and many are now pointing fingers at the utility, causing the stock to close down 16% on Friday. President Trump has also blamed the wildfires on poor forest management, threatening to cut off funding to California.
Stocks
Alibaba clocked in sales of $30.8B during its annual Singles' Day extravaganza, representing a rise of nearly 27% year-on-year, but smaller than the 39% Y/Y growth recorded in 2017. In the past few years, Singles' Day (NYSE:BABA) has exceeded the transaction volume of both Black Friday and Cyber Monday combined. The event has also far surpassed Amazon's (NASDAQ:AMZN) Prime Day, which is the most similar to Singles' Day because it is also a 24-hour, online shopping event.
Paving the way for Japan's largest ever share listing, SoftBank (OTCPK:SFTBY) has received clearance from the Tokyo Stock Exchange for a ¥2.4T ($21B) IPO of its mobile unit. The new share issuance, pegged for Dec. 19, will add more fuel to its nearly $100B Vision Fund and mark the transformation of the mobile phone network provider into one of the world’s biggest technology investors under CEO Masayoshi Son.
Less than a week after Samsung (OTC:SSNLF) unveiled its "Infinity Flex Display," a new report from Yonhap News claims to have details about the upcoming bendy device. The smartphone will be dubbed the "Galaxy F" and debut in March, shortly after the 5G-enabled S10. While the company hasn't settled on a price, it likely won't come cheap, with a cost of as much as 2M won, or $1,770.
Once Democrats take control of the House, they are planning to investigate whether President Trump abused "instruments of state power" to penalize companies, incoming House intelligence committee chairman Adam Schiff told Axios on HBO. That includes probes on whether the Trump administration attempted to block AT&T (NYSE:T) from acquiring Time Warner "to punish CNN," and whether officials sought to hit Washington Post relative Amazon (AMZN) by prodding the USPS to hike shipping prices.
M&A roundup: SAP has joined a growing list of software giants making big acquisitions in 2018, scooping up business software company Qualtrics for $8B just before its IPO. Reports also suggest private equity firm Vista Equity Partners reached a deal to buy software company Apptio (NASDAQ:APTI) for $1.94B, while Veritas Capital and Elliott Management agreed to acquire Athenahealth (NASDAQ:ATHN) for $5.5B in cash.
Diageo is selling a portfolio of 19 brands, including Seagram's whisky varieties and Romana Sambuca, to privately owned Sazerac for $550M. While proceeds will be returned to shareholders through a share buyback, the sale will be dilutive to pre-exceptional earnings per share in the first full financial year after closing. The deal will allow Diageo (NYSE:DEO) to have "greater focus" on its premium brands in the U.S.
The last ten years it was clove cigarettes, but this decade may see a menthol ban. Following a 4% fall on Friday, British American Tobacco (NYSEMKT:BTI) shares are down over 7% premarket on news that the FDA may take the minty product off the market. "BAT is the most exposed name to the potential risk," wrote Morgan Stanley's Richard Taylor, who estimates that U.S. menthol cigarettes (and its Newport brand) account for 25% of total earnings.
Aiming to close its deal for Shire (NASDAQ:SHPG) on Jan. 8, Takeda Pharmaceutical (OTCPK:TKPYY) will hold an extraordinary general meeting of shareholders to vote on the $62B transaction on Dec. 5. The deal would be the largest-ever overseas acquisition by a Japanese company, but it still needs two-thirds support from shareholders, some of whom are worried about the enlarged company's resulting debt burden, as well as regulatory approval from the EU. SHPG +1% premarket.
UPS freight workers have voted to approve a new labor contract, averting a strike that could have affected shippers transporting their goods around the country. UPS said it will immediately resume pickups for the division's customers, after its 11,600 workers stopped picking up orders earlier this month so freight cargo wouldn't be stranded in the network during a strike.
Ford is open to working with foreign rivals to expand self-driving services internationally, but declined to comment on reports that the company was in collaboration talks with Volkswagen (OTCPK:VWAGY). Development and business costs "billions and billions of dollars" per region, Ford's (NYSE:F) Autonomous Vehicles' CEO Sherif Marakby told the FT, so it's cost effective on "risk and the reward" to work together to deploy the technology across territories.
The market is predominantly filled with massive contractors - Boeing (NYSE:BA), Lockheed Martin (NYSE:LMT) and SpaceX (SPACE) - but there's a new side to the commercial space sector. Rocket Lab put seven spacecraft in orbit on Saturday with its first commercial launch, hoping to be at the forefront of the small satellite industry. Big price point... The company's 56-foot tall Electron rocket costs $5.7M per launch, compared to almost $60M for SpaceX's 230-foot Falcon 9.
Today's Markets In Asia, Japan +0.1%. Hong Kong +0.1%. China +1.2%. India -1%. In Europe, at midday, London -0.1%. Paris -0.2%. Frankfurt -0.7%. Futures at 6:20, Dow -0.1%. S&P flat. Nasdaq +0.1%. Crude +0.3% to $60.39. Gold -0.2% to $1206.80. Bitcoin -0.1% to $6372. Ten-year Treasury Yield -5 bps to 3.18%
Today's Economic Calendar 2:30 PM Fed's Daly Speech
submitted by upbstock to Optionmillionaires [link] [comments]

"...And That's a Good Thing!"

A recent post on /movies noted an interesting trend among headline writers for film news: ending their opinion article headlines with "and that's a good thing".
I realized that I've noticed a similar trend among headlines in general--across every genre of news. I decided to do a little searching to see just how widespread this is, and...it's extreme.
Every one of these articles is from 2018. I have a feeling the trend began a long time ago. Google Ngrams aggregates data from books, not web articles, but can provide a pretty good estimate for general language trends. Ngrams seems to indicate that "that's a good thing" has spiked since 1995. This graph only uses data through 2007. I suspect the trend has only gotten worse in the decade since.

Headline writers: please stop telling us how to feel.

Americans are sleeping more, and that's a good thing
Battlegrounds Is Slower Than Fortnite And That's A Good Thing
Blockchains Are For Speculation, And That's A Good Thing
Caffeine causes widespread brain entropy (and that's a good thing)
Calkins: Penny Hardaway mania is over-the-top - and that's a good thing
Charity has consumers seeing red, and that's a good thing
Depression diagnosis is up 33% in the US, and that's a good thing
Elon Musk Is a Bad CEO and That's a Good Thing
Elway’s master plan? We don’t know — and that's a good thing
Fox Has “No Plans” for More X-Files—and that's a good thing
Gary Cahill has a chip on his shoulder and that's a good thing
Harrison Ford Did Not Attend The 'Solo' Premiere — And That's a Good Thing
Harry Sims Is Out of the Loop—and That's a Good Thing
He gives ‘Atlanta’ anxiety. and that's a good thing
Israel Will Not Survive Netanyahu. And That's a Good Thing
Instagram is changing the way we experience art, and that's a good thing
Jon Cooper: We've haven't had one guy stand out, and that's a good thing
Kickers are the Baltic Avenue of fantasy -- and that's a good thing
Letter: Donald Trump is fearless and that's a good thing
Millennials are killing capitalism – and that's a good thing
More colleges than ever have test-optional admissions policies — and that's a good thing
Nationalism Is on the Rise in Ukraine, and that's a good thing
The Oculus Go is a VR headset for grannies, and that's a good thing
Opinion: CEOs are only human – and that's a good thing
'Patrick Melrose' is the Cumberbatch-iest show ever made, and that's a good thing
The Paw Paw River Trail is underway, and that's a good thing
Regulators are looking at bitcoin more favorably, and that's a good thing
Rey Mysterio's Career Victory Lap Is Almost Here, And That's A Good Thing
Red Gerard Is the New Face of Snowboarding, and that's a good thing
The Rise Of Jorja Smith Is Inevitable — and that's a good thing
Robert Reich: Universal Basic Income Is Coming And That's A Good Thing
Security breaches undermine cryptos, and that's a good thing
'Solo' spoiler-free review: This is not the Han you know, and that's a good thing
The stock market is shrinking and that's a good thing, private equity honchos say
Tech whiz kids are growing up — and that's a good thing
Television has never been so bad . . . and that's a good thing
This Podcast Will Put You to Sleep. and that's a good thing.
There Was No Obvious 2019 Awards Bait at Sundance—and that's a good thing
Tom Wolfe Is Dead but the 'Me Decade' Lives On (and That's a Good Thing)
Trevor Bauer is speaking his mind -- and that's a good thing
Trump’s definitely not the brains of the operation — and that's a good thing
Trump is gutting the National Endowment for Democracy, and that's a good thing
Trump Isn’t A Conservative—and that's a good thing
Ty Segall’s all over the map, and that's a good thing
We’re in the midst of an apocalypse. and that's a good thing.
Why Singapore for the Donald Trump-Kim Jong-un summit? It’s the boring choice, and that's a good thing
YBN Almighty Jay Ended His Relationship With Blac Chyna, and that's a good thing Because She REALLY Needs To Get Her Life Together
Yes, Dr. Roubini, Blockchain Is Overhyped - And That's A Good Thing
You’ll Never Be Finished With Massage Education—and that's a good thing
YouTube Is Demonetizing Small Channels, And That's A Good Thing
submitted by TrumpImpeachedAugust to self [link] [comments]

Subreddit Stats: Bitcoin top posts from 2017-01-09 to 2017-02-08 00:18 PDT

Period: 29.84 days
Submissions Comments
Total 999 46557
Rate (per day) 33.48 1507.53
Unique Redditors 653 6643
Combined Score 110856 177455

Top Submitters' Top Submissions

  1. 3932 points, 2 submissions: tuqqs
    1. Clearly not mainstream yet (2808 points, 104 comments)
    2. what it'll look like, when it happens (1124 points, 195 comments)
  2. 3593 points, 19 submissions: helmsk
    1. Countdown: Bitcoin Will Be a Legal Method of Payment in Japan in Two Months (2316 points, 151 comments)
    2. Europe Lays Out Roadmap to Restrict Payments in Cash and Cryptocurrencies (317 points, 102 comments)
    3. Polish Bitcoin Adoption Escalating with Strong Ecosystem (86 points, 4 comments)
    4. Why South Korean Bitcoin Adoption Could Outpace Most Other Countries This Year (74 points, 3 comments)
    5. Pakistan Set to Become a Major Bitcoin Hub (72 points, 49 comments)
    6. UAE Did Not Ban Bitcoin (72 points, 2 comments)
    7. Europe Committed to Tightening Digital Currency Rules by End of 2017 (71 points, 23 comments)
    8. How to Start Your Own Bitcoin ATM Business (67 points, 15 comments)
    9. Coincheck's Growth Reveals Surging Japanese Bitcoin Trade (62 points, 8 comments)
    10. How Trump's Wall and Remittance Tax Could Give Bitcoin a Boost (60 points, 23 comments)
  3. 3177 points, 2 submissions: futureofeverything
    1. "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami (3136 points, 227 comments)
    2. Why Venezuela's Currency Crisis Is A Case Study For Bitcoin (41 points, 1 comment)
  4. 2577 points, 7 submissions: Pizpie
    1. Welcome to Bitcoin, everyone. Don't worry, he'll recover. (1353 points, 155 comments)
    2. Breaking: Huobi & BTCC stopped margin trading, OKc leverage only 1x, finally no more fake BTC generated by exchange (485 points, 160 comments)
    3. Breaking: Bitcoin exchange Coinbase receives New York BitLicense (242 points, 55 comments)
    4. Canada Goose is thinking about accepting Bitcoin - Let them know what you think! (191 points, 49 comments)
    5. Confirmed: Huobi reactivates margin trading, with a limit of 100k CNY instead of 10 million CNY. (160 points, 79 comments)
    6. BREAKING: Huobi official announcement: We are considering charging trading fees. (80 points, 25 comments)
    7. Breaking: PBOC strikes again - Lending disabled on BTCC (66 points, 70 comments)
  5. 1941 points, 1 submission: bahatassafus
    1. Internet Archive: $3000 donated anonymously to the @internetarchive in bitcoin just now. Made our day! Thank you! (1941 points, 31 comments)
  6. 1338 points, 1 submission: kynek99
    1. Deutsche Bank - More than $10 billion in transactions never appeared on the books. That's why banksters don't want to use public blockchains. (1338 points, 96 comments)
  7. 1294 points, 1 submission: umbawumpa
    1. Julian Assange just used the current block hash as proof-of-not-prerecorded-interview in his AMA (1294 points, 182 comments)
  8. 1272 points, 2 submissions: Butt_Cheek_Spreader
    1. When you ride the bitcoin rally (1189 points, 204 comments)
    2. OKcoin and Huobi provided margin trading that violated rules resulting in abnormal price and fluctuations. (83 points, 28 comments)
  9. 1258 points, 4 submissions: dan_from_san_diego
    1. I started mining bitcoin in the desert. Here's some of what I have learned. (516 points, 575 comments)
    2. Chase is closing my account due to bitcoin purchases. Nice. (478 points, 410 comments)
    3. Here are some pictures of the solar greenhouse in the desert I am using to mine bitcoin. (140 points, 303 comments)
    4. Man... Brian Kelly from CNBC really fell hard for bitcoin. I like that! (124 points, 27 comments)
  10. 1250 points, 10 submissions: PoCaMiQu
    1. Can we fucking acknowledge that the Chinese Government just legitimized bitcoin? (604 points, 154 comments)
    2. WTF Huffington Post <---Fake News: "Bitcoin Plummets On Yuan Reversal" (218 points, 71 comments)
    3. This is what I like to see when checking daily's finances. (122 points, 22 comments)
    4. Beautiful balance (71 points, 13 comments)
    5. Reminder: Bitcoin's immutability is not only not a bug, but its main feature. Scalability comes secondary to it. (44 points, 20 comments)
    6. Bitcoin Price Gets Ready to Factor In Winklevoss Bitcoin ETF Approval (43 points, 24 comments)
    7. Paxful - a global leader in peer-to-peer bitcoin technology - has launched a new widget, allowing anyone to buy bitcoin worldwide instantly with over 300 ways to pay. (41 points, 34 comments)
    8. Scaling Revisited: What If Bitcoin's Big 'Problem' is Its Great Strength? (38 points, 16 comments)
    9. Flashback to the 90's: Interviewer asks Fed Chair "What is Blockchain?" (37 points, 21 comments)
    10. It seems all those FUD mongers were wrong when they predicted the price would crash without China's "liquidity" (32 points, 13 comments)
  11. 1155 points, 16 submissions: eragmus
    1. Ben Davenport (BitGo CTO): "Centralization of mining has led to some miners thinking they're in charge of Bitcoin. They forgot where Bitcoin's value comes from." (169 points, 112 comments)
    2. [Twitter Poll] Charlie Lee (Director of Engineering @ Coinbase): "What's the most important feature of Bitcoin that we must not sacrifice? Decentralization, Security, Low fees, Global payments" (116 points, 62 comments)
    3. Hernz: "Did you know you can get paid to help spread misinformation? -birds dot bitcoin dot com-" (hosted by Roger Ver) (106 points, 38 comments)
    4. The Passion of 'Bitcoin Jesus': How The Blockchain's Most Beloved Investor Became its Most Polarizing (101 points, 52 comments)
    5. Jonas Nick: "MimbleWimble blockchain (non-interactive coinjoin + pruning) may be able to support Lightning" / ref: Andrew Poelstra @ lists.launchpad.net/mimblewimble/msg00022.html (96 points, 19 comments)
    6. Bitcoin Core - IRC Meeting Summary (January 19, 2016) (83 points, 16 comments)
    7. Bitcoin Core - IRC Meeting Summary (January 12, 2016) (68 points, 7 comments)
    8. WhalePanda: "Analyzed @rogerkver's 'Cry Wolf' tactic on censorship on /bitcoin." (59 points, 16 comments)
    9. Inside MAST: The Little-Known Plan to Advance Bitcoin Smart Contracts (52 points, 8 comments)
    10. Bitcoin Core - IRC Meeting Summary (January 5, 2016) (51 points, 2 comments)
  12. 1155 points, 14 submissions: castom
    1. Russian Authorities: Bitcoin Poses No Threat, Won’t Be Banned (575 points, 80 comments)
    2. Bitcoin Goes to Washington - Trump May Hire More Digital Currency Leaders (86 points, 50 comments)
    3. With Another $30 Million Investment, BitFury becomes the Highest-funded Bitcoin Company (80 points, 3 comments)
    4. Nigeria's Bitcoin Interest Unwavering Despite Government Crackdown (64 points, 3 comments)
    5. German TV Calls Bitcoin "Digital Gold" (46 points, 3 comments)
    6. A Town in Illinois Just Announced It's Holding a Bitcoin Sale (46 points, 9 comments)
    7. Coinbase CEO: IRS Battle Could Cost Startup $1 Million (43 points, 15 comments)
    8. Xapo Now Licensed to Operate from Switzerland (39 points, 2 comments)
    9. Bitcoin Payments Startup BitPesa Raises $2.5 Million (32 points, 0 comments)
    10. Lawsuit Accuses Bitcoin ATM Owner of Smashing Competing Machines With Hammers (31 points, 18 comments)
  13. 1140 points, 4 submissions: bdd4
    1. sigh (859 points, 189 comments)
    2. As Predicted. 🙄 PBoC (137 points, 86 comments)
    3. Friendly Reminder: Bitcoin is still up 2.6% for the last 30 days (94 points, 8 comments)
    4. Dead Man's Switch for HODLers (50 points, 84 comments)
  14. 1104 points, 3 submissions: Vaultoro
    1. "Great minds discuss ideas; average minds discuss events; small minds discuss people." can we please stop this culture of bashing or lifting cults of personality and get back to science? (807 points, 143 comments)
    2. The house of Nakamoto in the main shopping strip of Vienna gets massive new bitcoin logo signage 2 stories big, 4 times 4 meters of epic propaganda! (265 points, 32 comments)
    3. I saw a post here that little snitch takes bitcoin. I just purchased a copy! Great little app and well worth 30 bucks. (32 points, 9 comments)
  15. 1088 points, 3 submissions: Carlscrazyidea
    1. You can now buy Bitcoin from any 7-11 in the Philippines! (1021 points, 136 comments)
    2. What is my impact as a Bitcoin holder? (41 points, 45 comments)
    3. I am a Hodling noob who still has a lot of Hodling work to do! (26 points, 30 comments)
  16. 1060 points, 7 submissions: Bitcohen
    1. Mercedes Buys Bitcoin Service Provider in 'Digitization Strategy' (518 points, 70 comments)
    2. Mercedes-Benz cars are now being sold for Bitcoin in Venezuela (348 points, 68 comments)
    3. Dutch Pirate Party pays 11,250 Euro deposit in Bitcoin to Electoral Council (68 points, 9 comments)
    4. Amir Taaki & Cody Wilson's Bitcoin support described by film critic as “defense of criminality” at Sundance Film Festival 2017 (44 points, 13 comments)
    5. Russia's Kaliningrad May Trial 'Legal' Bitcoin, Launch Exchange (31 points, 2 comments)
    6. Bitcurex Owner 'Disappears' After Failing to Return 2,300 BTC (26 points, 2 comments)
    7. Liverpool Launches Own Digital Currency Based on Bitcoin's Blockchain Tech - Attracts 3,000 Users in First Month (25 points, 1 comment)
  17. 1009 points, 1 submission: worstkeptsecrets
    1. Bitcoin on NewEgg. 3rd option! Ahead of Credit Card and PayPal! #ITSHAPPENING (1009 points, 92 comments)
  18. 975 points, 1 submission: SooieSide
    1. You can't get to the moon on a roller coaster. (975 points, 73 comments)
  19. 941 points, 4 submissions: Logical007
    1. UPDATE: Nearly all of Circle's 5 Star Ratings have disappeared today for their latest version (Jan 5th). A stark difference to what we saw earlier, looks like action was taken. (633 points, 177 comments)
    2. Bloomberg: Wyre CEO: "Bitcoin is a good investment for everyone." (VIDEO (188 points, 13 comments)
    3. Bitcoin isn't 'real money'. Google, you need to work on your search results. (85 points, 38 comments)
    4. Coinbase, please fix your merchant invoices on iOS 10. They haven't worked properly for months (while BitPay's work perfectly). Details and screenshot inside. (35 points, 5 comments)
  20. 896 points, 1 submission: amendment64
    1. Just paid 23 cents on a $3.74 transaction. When does it end? $1.00 per transaction? $2? $5? I don't wanna stop using this peer to peer currency, but I'm fast being priced out of it. (896 points, 1017 comments)
  21. 884 points, 2 submissions: theswapman
    1. Bitcoiner interrupts Shia LaBeouf's "He Will Not Divide Us" stream with chant that Bitcoin Will Unite Us! (456 points, 204 comments)
    2. PSA: Xapo will freeze your bitcoin and demand documents AFTER you have deposited (428 points, 101 comments)
  22. 820 points, 3 submissions: MorrisMustang
    1. South Florida Distillers uses heat from bitcoin mining to accelerate rum barrel aging! (709 points, 66 comments)
    2. "See, bitcoin is down 9.75% over the past month...I told you it crashed..." says my wife (72 points, 64 comments)
    3. EthereRum by South Florida Distillers, the worlds first rum distilled from mining heat. Stayed tuned for more details. (39 points, 21 comments)
  23. 799 points, 5 submissions: finalhedge
    1. Patrick Byrne (Overstock CEO) on Fox Business Channel today (288 points, 57 comments)
    2. "Sent my first instant bitcoin LN payment to a random irc user on testnet. Second-layer tech for the win!" | Justin Camarena on Twitter (250 points, 64 comments)
    3. Balaji Srinivasan (21 CEO) just deleted his whole tweet history. Heading to the FDA? (137 points, 69 comments)
    4. BARRY SILBERT'S BITCOIN INVESTMENT TRUST FILES FOR IPO (99 points, 10 comments)
    5. Bloomberg: 'Blockchain' Fans Will Have A Rude Awakening In 2017 (25 points, 2 comments)
  24. 798 points, 9 submissions: FluxSeer
    1. Gemini Introduces Zero-Confirmation Bitcoin Deposits (205 points, 69 comments)
    2. Bitcoin Mining Distribution 2012 vs. 2017 (146 points, 69 comments)
    3. When someone says Bitcoin is a ponzi/scam/etc... Send them this link. (131 points, 24 comments)
    4. Developer Release for OpenBazaar 2.0 (123 points, 45 comments)
    5. Federal Reserve Staffer Fined for Mining Bitcoins at Work (62 points, 4 comments)
    6. A Future Led by Bitcoin Unlimited is a Centralized Future (56 points, 38 comments)
    7. Blockstream joins Digital Garage to jointly develop next-generation financial technology (33 points, 15 comments)
    8. Bitcoin Matrix Wallpaper (1920x1080) (23 points, 6 comments)
    9. The ECB Explains Why Central Banks Can't Go Bankrupt (19 points, 7 comments)
  25. 796 points, 1 submission: kidblondie
    1. [AMA] I'm the woman who got pepper sprayed wearing the "Make Bitcoin Great Again" hat. (796 points, 938 comments)
  26. 709 points, 1 submission: silver_89
    1. Liftoff (709 points, 282 comments)
  27. 697 points, 2 submissions: Tfoe1399
    1. Huge shoutout to BTC.com for giving me back my money (666 points, 91 comments)
    2. So this just happened (31 points, 101 comments)
  28. 691 points, 3 submissions: jholmes91
    1. Antonopoulos Supports SegWit, Opens Doors For Lightning and TumbleBit (315 points, 112 comments)
    2. Donald Trump is Considering a Bitcoin Entrepreneur to Lead the FDA (220 points, 137 comments)
    3. Japanese Internet Giant GMO Announces Entrance to Bitcoin Wallet Market (156 points, 14 comments)
  29. 688 points, 2 submissions: belcher_
    1. bitcoin.com loses 13.2BTC trying to fork the network: Untested and buggy BU creates an oversized block, Many BU node banned, the HF fails (543 points, 428 comments)
    2. Segwit talk by Pieter Wuille. 25 minutes talk time (145 points, 21 comments)
  30. 673 points, 9 submissions: Lite_Coin_Guy
    1. Litecoin Moves to Adopt Bitcoin's SegWit Scaling Upgrade (155 points, 86 comments)
    2. If Bitcoin ETF approval ignites speculative rush, doesn't that prove intense latent demand, blocked only by the SEC? (120 points, 22 comments)
    3. Big miners are free to create their Unlimited coin, but if they try to kill Bitcoin it will resist censorship and route around it. (108 points, 103 comments)
    4. What is money? (93 points, 56 comments)
    5. Charlie Shrems next jail time? (50 points, 15 comments)
    6. In 1996 they said the Internet was in need of a "killer app". In 2016, they said #Bitcoin needed a "killer app", too. (39 points, 17 comments)
    7. Introduction to Bitcoin & Blockchains (38 points, 5 comments)
    8. Evaporative Two-Phase Immersion Cooling (Bitfury) (37 points, 6 comments)
    9. Crypto '98 Rump Session- Hal Finney (33 points, 8 comments)
  31. 635 points, 8 submissions: olivercarding
    1. Bitcoin Has Many Fans at Amazon According to Purse CEO Andrew Lee (152 points, 39 comments)
    2. Bitcoin is Closing in On Its Transaction Capacity Limit, For Real This Time (110 points, 155 comments)
    3. The Founder of India-Based Bitcoin Mining Pool GBMiners is Running a Ponzi Scheme (105 points, 50 comments)
    4. How Bitcoin Is Disrupting The Online Gambling Industry (98 points, 74 comments)
    5. Report Estimates There are More Than 10 Million Bitcoin Holders Worldwide (91 points, 54 comments)
    6. Blockchain Announces Expansion in Middle East; Partners with Dubai Government (32 points, 7 comments)
    7. 3 Teams Receive Funding from $1.2 Million Bitcoin Development Grant, More Funds Incoming (27 points, 7 comments)
    8. Digital Garage and Blockstream Collaborate on New Blockchain Solutions for Japanese Market (20 points, 0 comments)
  32. 630 points, 1 submission: classna
    1. FOMO-ing right now (630 points, 85 comments)
  33. 621 points, 7 submissions: _smudger_
    1. Bitcoin: Why It Now Belongs in Every Portfolio (206 points, 33 comments)
    2. Bitcoin ETF may attract $300 million in the first week, says Needham & company (205 points, 103 comments)
    3. It's time to start thinking about denominating Bitcoins in mBTC permanently. Might be the last time to buy some for less than a dollar each! (82 points, 127 comments)
    4. Big China bitcoin exchange says no government pressure on outflows (46 points, 6 comments)
    5. New weekly record in Local Bitcoin volumes plus new highs in Canada, Colombia, Denmark, Saudi Arabia, Thailand and Venezuela (36 points, 1 comment)
    6. Despite the recent drop the price is hitting new records when averaged over a year (24 points, 10 comments)
    7. Press Release: CD Key retailer CJS CD Keys now Accepting Bitcoin (22 points, 3 comments)
  34. 597 points, 1 submission: arichnad
    1. mac has the new bitcoin Unicode character already! (597 points, 81 comments)
  35. 594 points, 1 submission: drvox1600
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  39. 543 points, 1 submission: turn-down-for-what
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  1. 380 points: Tyatku's comment in When you ride the bitcoin rally
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  9. 181 points: BattleChimp's comment in "R.I.P. Bitcoin. It's Time to Move On"....funny billboard driving around in Miami
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[Table] IAmA: I am Jeffrey Sachs, Professor and Director of the Earth Institute at Columbia University. I’ll be teaching a free online class on sustainable development starting this month. Ask me anything!

Verified? (This bot cannot verify AMAs just yet)
Date: 2014-01-15
Link to submission (Has self-text)
Questions Answers
Professor Sachs thank you so much for doing this AMA. I've always argued that if agricultural subsidies were cut around the world it would be more effective in lifting people from poverty than all aid combined. It seems that lately developing countries have also gotten into the ag subsidy trap. Is it possible we've reached a point where reducing global ag subsidies might hurt the poor more than it helps them? There is a lot of use of open source, and a lot more on its way. Free apps. IT-based service delivery. Some really great stuff. I think the classrooms will also be transformed through online curricula.
Hello Dr. Sachs, I was wondering if you could respond briefly to a few questions I have had for awhile. I was in the military and deployed overseas when I read the Shock Doctrine and could verify everything that she claimed when I was in the Middle East. I have since been discharged and I pursued an Economics degree during which I took an Economic Development course. In the course, we reviewed your new and refined writings/theories and I had also wished to ask you these questions: 1) What is your retort to what Naomi Klein so succinctly documented about Free Market reforms and the subsequent repression to maintain them the world over. “The idea is to get the guys heart beating again. And it’s a bloody mess. But you don’t have any choice.” Do you still hold to this rational? 2) In your revamped understanding, you state that it is immoral to experiment because you would be withholding funds from a given population, but how do you reconcile this as an academic who is trying to solve poverty without the faintest idea of what works because of a lack of data? Secondly, do you not see that the big push is a logical fallacy if the only reason as to why it could fail is from there not being enough? Thanks for asking. I don't think that Naomi Klein understood my own work and ideas (which by the way are all on the record). She lumped me, for some reason, with extreme free-market economists, which I am obviously not. I've been concerned with social justice from the very start of my work, and therefore argued for debt cancellation and social spending in Bolivia, for example. She overlooked all of those complexities, to make her story line go smoother. I certainly agree with much of what she wrote in general, but she did not depict my own ideas and approaches accurately.
Do you believe that, if our basic instinct as humans is to adapt and survive, then the most logical course of action to tackle the 'big issues' we face is to harness the power of greed within an acquisitive framework of business? I.e. the Triple Bottom Line approach, using models to create multiple value effects yet based on the inherent need to further one's position to create security and success. In short, can or must greed be good? I think that starting with "human nature" is right (as did Aristotle, by the way). But we are more than greed. We are a mix of greed, compassion, honesty, cheating, and much more. Humanity in all its complexity. Therefore, greed (markets) are one motivator, but so too is morality a crucial key to success.
I read 'The End of Poverty' and I have to say, I am a huge fan of that book. I often cite your work to support ideas like that sweat-shops aren't necessarily the evil they're portrayed to be. Since the book, how much, in you eyes, has changed in the world? Do you feel like leaders sat up and took notice? Also, from your perspective, what is going well or not so well with the US economy? The most important thing that's happened since 2005 is that the idea of ending extreme poverty has actually begun to take hold. People see the success of China in ending poverty, the start of real poverty reduction in Africa, and the power of the new ICT technologies. Because of this optimism, the World Bank Development Committee voted in April to take on the goal of ending extreme poverty globally by 2030. So the idea is there, step by step.
ending extreme poverty globally by 2030. So the idea is there, step by step. O.o rly? sounds like a dream to me. I live in Uruguay and with the corrupt government we have i doubt we could make such a thing. I'm seriously thinking in move to another country. I thought that Uruguay was doing better in governance. You don't think so?
Hi Professor Sachs- I just wanted to say that I've read some of your work and I really admire it. I was wondering how you would respond to some of William Easterly's arguments, such as that made in "Democracy and Good Government", where he claims that there is an inherent contradiction in giving money to sitting governments (which is in and of itself a political act) and expecting them to reform. Also, it seems in a lot of your work that you believe that governments will work in the interest of their people, rather than for themselves. What is it that has drawn you to that conclusion so firmly? What do you believe will happen to the villages of the Millennium Village projects once the project term ends? To what extent are measures being made to equip government officials with the skills they may need to govern? I believe that aid can be designed in ways that promote accountability and transparency. This is how the Global Fund has worked most of the time. It's been a good and successful model. Yes, we should promote a high degree of transparency. Remember that much of the corruption starts from the side of the rich countries and their companies.
Hello from Western Australia. Thanks for offering this online course! Practical questions: (hope I did not just overlook pertinent info on main page). a) a course book is mentioned - what book is that? Is it referring to the 'free, online text'? b) Will the times of the various video hang-outs be at various times of the day - to cater to the from around the world crowd? c) Will the weekly video links remain active for the rest of the course, once they are up? Thanks. All the details will be available once the course Link to www.coursera.org goes live on January 21. a) Yes, the course book will be a free, online text on sustainable development to accompany the class b) Exactly – the times of the video hangouts will vary in order to accommodate as many time zones as possible, and the specific times will be posted ahead of time. They will be conducted in English, Spanish, French, Hindi, and Chinese. c) Yes, the links will remain active for the rest of the course once they are posted. Please do tune in to the class, more information will be up once it is live next Tuesday!
If automation moves to the point where sweat shops are no longer needed for the labor intensive goods produced in developing countries, do the people of developing countries have a real alternative to becoming serfs? The question of how automation, robotics will affect development is crucial and UNSOLVED. I will discuss it in class. There is as yet too little thinking about this.
Dr Sachs, there's a growing movement in international development to study impact empirically, and a good amount of the evidence coming back so far has shown ineffectiveness in many aid projects. Your book posits that this is because we are not investing enough in the projects we have, while other theorists (like Easterly) would rather invest in different projects. Do you think there is a middle road in this discussion for sustainable development? And how far do you think empirical studies can be trusted when so much of developmental success is context-specific? We need to be smart in our aid policies, using knowledge, experience, and EXPERTISE outside of economics (such as in public health). The Global Fund to Fight AIDS, TB, and Malaria, and GAVI are examples of aid success. We should measure and evaluate programs, but use methods that are appropriate to the circumstances. There is too much of a one-size-fits-all strategy to evaluation these days (too much on randomized trials, excluding other means of evaluation).
I saw you in "Commanding Heights" and learned that you advised several countries face their staggering economies. Quite amazing! Thanks for doing this AMA! Do you see need for the US and EU to face the trouble their currencies are in, especially after measures taken since 2007/8? Have you had time to dive into bitcoin and what are your thoughts? You know, I've worked on currencies for 30 years but not yet on Bitcoin, but many (many!!!) people have been asking me about Bitcoin recently, so I need to start my own education on it. Sorry to be a laggard!
My name is Nikolas Tsaousis. I'm from Cyprus Professor ill follow your course on line and i have questions 1.How many times in the week the lectures it will take place and when? 2.Can we have access to the videos at any time because we are +7h EST time? 3.The interactions can happen verbally or only by text in the time of the lectures? 4.Who we are going to add in Hangout TAs to place our questions? 5.All the information's they will send to us by mail so we have the correct sides? Personal quest: On 20 of January I'm flying back to my country from USA and still up 21st GTM time 19:00 i reach Cyprus how I will be able to follow lecture 1? Glad to hear you’ll be following! All the logistical information regarding the posting schedules, etc, will be up on the coursera course page (Link to www.coursera.org once the course goes live next Tuesday January 21. The videos will be posted weekly, every Tuesday. Once the lecture videos are online they will stay up for the duration of the course, so you can watch whenever you’d like. There will be weekly google hangout videos with myself and the course staff, where you can submit any questions; the details of how to join will be on the website. Even if you can’t join at the time, you can go back to watch the videos later. There will also be discussion boards, and I’m looking forward to answering more of your questions and having interesting discussions there! The information will all be available on the coursera website, and you will also receive email updates if you’re registered.
I'm fascinated by the new environmental technologies like billboards pulling drinking water from the air, or Mexico City's smog eating paint. What technology do you look at as having great potential? Probably the single most important breakthrough in recent years has been the dramatic decline in price of photovoltaics, which have fallen by a factor of 100X since 1977. 1 Watt of PV now costs less than $1 dollar. This will make possible an enormous upscaling of solar power in many parts of the world.
How do you think microfinance (and microcredit in particular) can help alleviate poverty? Is that of any help to the poorest people, or only tho those slightly above that level? Microfinance is a proven useful tool, but not a single magic solution. it can help households to start small business and to smooth income fluctuations. Some people thought it was a single panacea, but alas, it's not powerful enough for that.
What's your take on the Affordable Care Act? How do you think it compares to a single payer approach, as seen in Canada and the UK? Give me single-payer ANY DAY!!! It's the lobbies that block it.
Why are you not devaluing education through free courses? As an economist, I would think you'd be very wary of removing price signals from any product, especially one with so much investment as a college-level course. I am thrilled that anybody can join in my lectures through an online experience. The marginal cost of that is essentially zero, so I'm happy to be supplying that "service" to anybody that's interested.
Public Health advancements stand out among the successes of the Millennium Development Goals. Does the international community’s recent failure to raise the bare minimum $5 billion for the Global Fund indicate that global health will not factor prominently in the Sustainable Development Goals? The Global Fund is still trying to close the $5 billion. I'll be speaking with several governments over the next few weeks as well to help close the deal. The name of the game is PERSISTENCE. It takes time to convince governments!!!
Dear Prof Sachs, thank you for doing this AMA. If I understand correctly you once stood in favour of big-package approach to development, rather than very targeted randomized trial, which due to their narrower focus, have the benefit of being easier to evaluate (they can be randomized). Where would you stand today on this debate? What do you think of the Banerjee-Duflo approach to development? I think we have many ways to knowledge, and should limit ourselves to things that fit randomized trials. That would be an arbitrary and unnecessary barrier to tacking great challenges. That's the point I've been making, e.g. regarding public health. I'm happy to say that the evidence on public health is supporting the ambitious agenda. There is a place for RCTs (randomized controlled trials) but only one place among many methods.
As many borders in Africa were established in Europe in the 19th century, do you think that an AU/UN guided attempt to re-draw borders peacefully (and democratically) would increase the overall cohesive structure of most nations on the continent? The borders are often very arbitrary, carving Africa up into 54 countries on the continent itself, plus islands. The carving has left 14 landlocked countries (I believe that's the number), plus incredibly arbitrary divisions of ethnic groups, spread across countries. Yet solving this by redrawn borders is probably not feasible. More feasible is to increase economic and social integration in Africa, so that borders matter much less. Also, more investment in good transport infrastructure!!!
Which country teaches sustainable development in schools? Is this an effective way to know the importance of this topics for the world? How can we do it? When the world adopts Sustainable Development Goals in 2015, we should all work to ensure that SD and the SDGs are taught in all schools as part of the curriculum. This will be an important step in global problem solving!
Hi Jeffrey, I had the pleasure of taking a class from Lisa Cook at MSU, and we actually studied a paper you two wrote together. My question is how would you recommend oil rich countries in Africa harvest their resources without degrading their environment? Do you think that's even a likely achievement? Oil development can be done effectively, with the money used for true development. It requires far more transparency of financial flows, far more policing of environmental abuses, and far more long-term policy planning. I am working with several governments to try to stop the resource curse and turn it into a resource blessing.
What will happen to the Millennium Villages after the MDG's expire? Will the program be sustained at its current level or are there any plans for expansion? The MVs will be evaluated at the end of 2015, and we will make course corrections and improvements as needed in several national programs underway to scale up the MV model. So the basic notion of using community-based rural development will continue past 2015, for sure. It's working in many powerful ways, but will have even clearer evidence in 2015 on many important detailed issues.
Hi Professor Sachs, believe it or not I'm writing this from Nairobi! I'm a Columbia College senior, and I've been spending the past week here at the CGC getting to see some of the great work that's being done with the MVPs. Great to hear from you. (I'm in Moscow now, myself). So good that you are visiting the CGC.
My question is what your goals are for this course, and what you think students stand to gain from taking it? The course will offer an intro to the marvelous field of SD. And as I'll explain, I believe that Sustainable Development will be a central theme of our age, and especially for your generation. A world of 8-9 billion people will need to learn how to live productively and peacefully together, and at peace with the planet itself. That will be the subject of the course.
What would you consider to be basic steps, it even crucial steps, that those of us living in the industrialized work should pursue to lessen our drain on global resources? We need to focus on ending the environmental damage were causing. This means, for example, converting our energy system from fossil-fuel dependence (oil, coal, and gas) to low-carbon sources, such as hydro, solar, wind, and in my view, some nuclear power (though that one, of course, is the most controversial). It also means changing agricultural patterns that deplete soils and groundwater.
Hi Professor, thanks for doing this. What role would you say access to family planning has on alleviating poverty at the aggregate level? Also its impact on sustainable development? Full disclosure: I am looking into doing an MSc dissertation on this topic over the summer. Family planning is very important. Development success has almost always depended (in part) on a voluntary reduction of high fertility rates. When fertility is reduced, then each child is able to get a better start in life. Economists call this the "quality-quantity" tradeoff in number of children in a poor household. Many countries in Africa still have fertility rates even above 5 children in poor households, and the poor parents are unable to provide adequate nutrition, healthcare, and education for such a large number of children.
What would you consider to be the strategies to end poverty while increasing sustainable development in third world countries? I think that the key to ending poverty and increasing sustainable development is "investment-led growth," with investments in people (health, nutrition, education, training), plus investments in infrastructure (such as low-carbon energy), plus investments in "smart" systems using information technologies.
Does the Millenium Development do any work within the United States to alleviate the poverty that goes unrecognized or undereported? The Earth Institute, which I am very honored to direct at Columbia University, is beginning several projects right here in NYC. Some of them involve, for example, using a community-health-worker model to reach underserved populations. Also, scaling up public health screening in NYC schools.
There's been a push over the past few years to "buy American" (wares made in America). To me, this goes against Globalization (a trend that would ultimately make the world a the manufacturers and drive down prices). Whats your stance on the protectionist attitude and buying only made in America wares? This kind of protectionism is especially damaging, and is seen by poor countries are a kind of "cheating." How are they supposed to develop if the rich-country markets are closed to them?!
Water is often a scarce commidity in very poor areas. Do you see any possibilities of treating salt water to make it potable and/or so that it can be used for irrigation? Also, how do you see water scarcity leading to violence in areas with little or no rain? There are many technologies to recycle water, or desalinate, or to use mildly saline water in some cases. Yet the local specific are crucial. Water scarcity can absolutely lead to poverty, famine, and conflict. The evidence is very clear on that.
I know you taught Dambisa Moyo at some point. What's your take on her argument "DEAD AID" regarding Africa? Unlike Dambisa Moyo, I believe that aid is needed and can be organized effectively and respectfully. I am very happy with the successful scale up of aid for public health in the past decade. It has saved millions of lives and helped to promote economic development.
What is the most extreme, ridiculous proposal you've ever seen to fix climate change that is just crazy enough to work? It sometimes seems that the most "ridiculous" idea is that the governments actually agree to do something, and do IT. 21 years later, that's not yet happened. The goal now is for a comprehensive agreement in Paris at the 21st meeting of the signatories of the climate change agreement (COP21, so called), to take place in December 2015. Working now towards success of that.
What do you recommend to switch to a career in sustainable dev? Located in NYC, already in a masters program, but having trouble being useful. Thx! The great thing about SD is that many fields can contribute -- business, law, public health, social worker, nursing, medicine, etc. So if you've got some good Masters skills, that's a great start to searching out some opps in business, government, or NGOs.
Prof. Sachs, what do you think is the best way to engage companies so that they contribute to the sustainable development of the countries where they work? Each company should have a sustainability division and a code of good conduct. Companies should not create damage to the communities where they operate, or to the planet, EVEN if such behavior is "legal." Companies have responsibilities not only to shareholders but to stakeholders (communities, workers, suppliers, customers, and the planet!)
Are you pesimistic about the european future because of the aging population and its impact in the economy and sustainability, or not? Ricardo from Spain. I'm optimistic about Europe (and love European culture, cities, and heritage). I'm also not against aging. :-) I believe that Europe still has the best model of social democracy, combining high productivity with social justice and environmental protection. Yet clearly some EU institutions and processes really need fixing!
Hi Professor, thanks for the AMA. I've spent time working with World Bank employees on several projects. While not going into specics, do you think change must be instituted through large institutions such as World Bank? Our political system is inherently disabled in many ways abroad, and it seems that economics are the key force at play and will remain the major motivator in developing a sustainable future. Thoughts? The World Bank can play an important leadership role, and I know that the new World Bank President Jim Kim is committed to doing so. I'll do my best to help the institution fulfill its new commitment to work to end extreme poverty by 2030.
Prof. Sachs, it's always fascinating to read the endless retorts you and William Easterly have on the subject of development economics. Aside from what we're exposed to in numerous essays, how would you describe your relationship with him? There are days when I'm happier and days when I'm less happy. We're colleagues and friends, but sometimes I'm simply amazed (and not happy) when he declares that "aid has failed." This is simply NOT RIGHT!!! :-)
What is your opinion of lifelong learning and its potential to eradicate poverty? Lifelong learning, including online courses!!!, will be the way of the future. I'm in Moscow today, and the Deputy Prime Minister said exactly that too. Good news.
Dear Prof. Sachs, will you address the discussions about switching from the classical economic growth paradigm to a transition period towards a way down? thanks from Brazil. Yes, we will talk about new growth paradigms, certainly!
What do you think are the most important aspects that we need to take up in the United Nations post-2015 development agenda? The key is to establish a set of Sustainable Development Goals (SDGs) that cover all three major areas of sustainable development: economic development (including the end of poverty); social inclusion and lower inequality; and environmental protection. I'm hoping for a set of 10 concise SDGs to help guide the world during 2015-2030.
Dear prof. Sachs. I wonder if you consider the following case a "resource curse" Since the end of WWII, Greece (actually its elites) has received various money injections. Marshal Plan, "Jacques Delors" assistance, EEC and EU money, and €300bn on cheap loans. We have a situation with of great malfunctioning of institutions and citizens having no trust in them. We also have countless fraud cases, as well as a largely destroyed production base, since all our growth was on imports with borrowed money. Would you consider easy money as kind of a resource curse? I love Greece, I have to say. Gift to the world. Beautiful country, wonderful culture (and food!), unbelievable history, great friends. But alas, soft governance, corruption for too long, and now a harsh crisis that Germany should do more to ease. I am a believer that Greece would recover much faster if the government puts forward a clear growth strategy to motivate export-led growth and new business startups.
Why subjects relating to Sustainable Development are not part of the curriculum of the primary schools, high school and universities; if we know that is toward that direction to which we have to go? We have to start from schools to change our paradigm about development. What is your opinion about this gap? I am hoping that the world will have Sustainable Development Goals (SDGs) for the years 2015-2030, and that schools at ALL levels from primary to post-graduate will teach age-appropriate curricula about SD. You are right!
Greetings and thanks for offering what promises to be a fascinating course! My question would be: what do you see as the biggest global challenges to implementing Sustainable Development and where do you see the most inspiring innovations that look like they might overcome those challenges and where do you see the UN within this framework? Thanks. Have a look at the website for the UN Sustainable Development Solutions Network (www.unsdsn.org) to have a look at the report to UN Secretary General Ban Ki-Moon (Link to unsdsn.org) That describes, I hope, a good summary of the SD challenges will be discussing in class!
What role do you see art play in a sustainable society? Art plays a vital role for the health of the soul, for our wellbeing, which is a key purpose and part of Sustainable Development!
Your book "economics for a crowded planet" was the reason I went to study economics at university! My question is how would you go convincing corporations that are fixed on increasing the value of their stocks, to actually care about the environment? Many companies are already on side I'm happy to say. They see the future, and also the need to protect their reputations. Many CEOs actually want to do good. We still have to get more oil companies on board, that's for sure. And we need a sound regulatory policy in any event.
Dr Sachs, I am a fan of your works that I have read (The End of Poverty and The Price of Civilization) and wanted to thank you for taking the time to do this and for generally forwarding developmental economics around the world. My question is: if you could instantaneously achieve any one of your development goals which would you choose and why? I'd start with the health goals, since those are life and death. And then (or simultaneously) the hunger goal (obvious reason) and then education. Of course once people are alive and properly nourished, education becomes the KEY!
Dr. Jeffrey Sachs, First hand, I thank you for this opportunity to join you in learning from someone as knowledgeable as yourself, its a great honor for me. Im from Costa Rica, in 2006 I was honored with an opportunity to pursue an undergraduate degree at DePaul in business management. The first book I read was ¨The End of Poverty.¨ I used it throughout my college years for multiple papers and still consider it one of the best I have ever read. Where can this additional knowledge that I will acquire through your course take me? I am unemployed right now and wish to work for the private or public sector in matters related to finance-banking and sustainable development, can you help with this? How may we network an employment opportunity abroad or in Costa Rica? How may I assist you for future educational matters? Is there an opportunity to use my country as a hub for projects of this caliber? Thanks for writing, and joining the class. We can all learn from Costa Rica, which has had some very innovative successes in the "green economy." In general, I believe that Sustainable Development offers job opportunities in all sectors: government, business, and civil society (NGOs). Good luck!
Do you see the world shifting to a more eastern centred focus? By this I mean, the BRICS and the rising economic powers of the east will rise high enough to not be so dependant on the west? This could also values, like suggested by Kishore Mahbuban. Yes, the center of gravity of the world economy is tending to shift from the North Atlantic, where it's been for centuries, to the Indian Ocean and the Pacific Basin. The rise of China is a great game changer, together with the economic strength of Japan, Korea, Singapore, and others.
Professor Sachs the third world countries are in the developing rute. But they are doing this as India and China did it: sacrificing the natural resources. What are the options to new nations in order to have a real sustainable development? One key is to use the new information and communications technologies to the maximum, and to use renewable energy -- especially solar power and wind power -- to the maximum. Technology will be crucial for sustainable leapfrogging.
Thank you for your dedication and persistence! And thank you for this course - I am very excited to participate in this collaborative intention. For a number of years I have been exploring what I call Transformational Global Leadership, defined as "the ability to generate fulfillment of a seemingly impossible vision for every human being.". What are your thoughts on the need for new models of leadership designed to deal with current global challenges? Yes, we need transformational leadership, and can look at great examples in history: the fight against slavery, the fight against colonialism, the fight for civil rights, the fight against apartheid, the fight for human rights, and so on. In each case, bold, clear, powerful leadership played a key role.
When the government or culture in an area does not support elimination of poverty, have you seen other ways to make substantial progress, or is the government/leadership really the key to success or failure? Government is necessary. The tools of policy (taxes, regulation, public subsidies of science, public investment) are indispensable. They are not the only things that matter, but without government, broad-based and sustained development is not really possible. Of course, governments do not need to be perfect. Thank goodness!!!
What is the active participation expect from third world countries which are rich with biodiversity, in achieving millennium development goals? The countries rich in biodiversity (e.g. Costa Rica, Ecuador, Brazil, Indonesia, Kenya, Rwanda, etc.) hold that biological heritage for all the world. We should helping those countries, including with financial assistance through the Global Environment Facility (GEF) to preserve and protect the biodiversity.
Do you thing we can use some indigeneous vision as "Good living" to adapt them as sustainability solutions ? Yes, the question of "good life" or "happiness" is essential. Please see the 2013 World Happiness Report (online), which discusses this approach.
Last updated: 2014-01-19 18:27 UTC
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