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Since ancient times, various psychological techniques such as fear and terror have been deliberately used by entities as non-combat weapons to bring about the enemy’s defeat. An effective use of fear as a weapon can sometimes achieve more than an arsenal of weapons of mass destruction. The...
Persistent link: https://www.econbiz.de/10014348761
Turks have been around for several millennia; lived freely as nomadic Turkic tribes, established great empires, but now continues its humble existence as the Republic of Turkey that Atatürk created a century ago from the ashes of the abolished Ottoman Empire. Same as its ancestors, Turkey has...
Persistent link: https://www.econbiz.de/10014348905
The novel coronavirus (COVID-19) pandemic has resulted in two important outcomes; first, centuries of developments and progress in technology, medicine, and science failed to combat the virus which has so far killed over 1.6 million people worldwide; second, and most importantly, the new vital...
Persistent link: https://www.econbiz.de/10014351959
Facebook’s claim of Libra blockchain as a decentralized peer-to-peer electronic cash system is a blunt lie; if Facebook overcomes the massive regulatory hurdle and receives appropriate approvals, Libra will initially start off as a decentralized permissioned blockchain with a trusted-third...
Persistent link: https://www.econbiz.de/10014352337
Global warming is likely to have unimaginable disruptions in every aspect of human life by 2050 if some actions are not taken immediately to reduce its fast acceleration. Since the Industrial Revolution (1900s), the global mean surface temperature has warmed up approximately +0.8 °C (1.4 °F)...
Persistent link: https://www.econbiz.de/10012860703
Little over a decade has passed since Blockchain gave birth to its prodigy Bitcoin, but Bitcoin despite all the hype (which was referred to as “big bang” by many) failed to become a simple (stable) global crypto-currency for everyday life to enable users worldwide to purchase...
Persistent link: https://www.econbiz.de/10012860986
Blockchain and distributed ledger technology (DLT) are used interchangeably. In the aftermath of the 2008 global financial crisis, Bitcoin gave birth to blockchain, or vice versa. A decade has passed since the launch of the first successful cryptocurrency in January 2009 by a mysterious creator...
Persistent link: https://www.econbiz.de/10012861593
Libra cryptocurrency is a new invention; as with any disruptive invention, Libra blockchain presents some risks. Facebook's formal announcement of Libra had the “big bang” effect in the cryptocurrency markets; equally, the industry will witness “big crunch” if Libra sputters out...
Persistent link: https://www.econbiz.de/10012863897
The propagation of high-magnitude crises since the late 1990s have cost over $30 trillion and pushed about one percent of the world population into poverty. In the aftermath of the 2008 global financial crisis, the worst financial catastrophe of the 21st century, accelerated the speed of money's...
Persistent link: https://www.econbiz.de/10012864964
The United States has turned into an anarchic Hobbesian in part triggered by; weakening dollar's natural pull as the main reserve currency; China's massive foreign reserves; fast rise of the renminbi; the failure attempts to dismantle gold and its readiness to reclaim a monetary role at the...
Persistent link: https://www.econbiz.de/10012837594