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10x bigger than Bitcoin, Tether, and Gold: China's Central Bank Digital Currency will dwarf the

10x bigger than Bitcoin, Tether, and Gold: China's Central Bank Digital Currency will dwarf the Kwabena Ofori Osei 44 Views • 2 years ago

China is pushing Hong Kong as a global hub for Stablecoins, which are digital currencies backed by fiat money.

Western analysts correctly point out that China, uniquely among large economies, is aggressively building out the financial infrastructure and regulation for digital currencies, issued by the central bank. But these analyses err on a major point: the stablecoins issued by Hong Kong institutions will not be China-yuan denominated, as they assume. Instead, they will be denominated in US dollars, and will be a powerful driver of economic growth to the benefit of the Chinese financial system, and without exposing their own currency to outside speculators, seizure, or debt issuance.

To see how this may play out, consider the explosive growth of Tether, a stablecoin with stated US dollar reserves of $116 billion and 1-to-1 parity with the US dollar. The sudden rise and global acceptance of Tether serve as a playbook for Chinese banking regulators, who are sitting on nearly $4 trillion in US dollar reserves, with hopes to deploy these deep capital pools but without exposure to the Western banking system.

Resources and links:

Reuters, Tether's $100 billion stokes stablecoin stability concerns
https://www.reuters.com/techno....logy/tethers-100-bln

Learn how Tether (USDT) Makes Money
https://www.markets.com/educat....ion-centre/how-tethe
Inside the Russian Shadow Trade for Weapons Parts, Fueled by Crypto

Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins
https://coingeek.com/hong-kong....-to-increase-digital

Tether’s Ascent: Breaking Down the Dominant Stablecoin's Growth
https://coinmetrics.substack.c....om/p/state-of-the-ne

Forbes, The House Bans The Fed From Building A CBDC Like The Digital Yuan
https://www.forbes.com/sites/d....igital-assets/2024/0

Reuters, What and where are Russia's $300 billion in reserves frozen in the West?
https://www.reuters.com/world/....europe/what-where-ar

China contends for the central position in the global economy
https://merics.org/en/6-china-....contends-central-pos

ASEAN: The ultimate winner of a China-US rivalry (Part I)
https://www.thinkchina.sg/econ....omy/asean-ultimate-w

Tether Stablecoin Home Page
https://tether.to/en/

Closing scene, Hong Kong

CRISPR in Context: The New World of Human Genetic Engineering | 2019

CRISPR in Context: The New World of Human Genetic Engineering | 2019 Ambakisye-Okang Dukuzumurenyi 24 Views • 5 years ago

It’s happened. The first children genetically engineered with the powerful DNA-editing tool called CRISPR-Cas9 have been born to a woman in China. Their altered genes will be passed to their children, and their children’s children. Join CRISPR’s co-discoverer, microbiologist Jennifer Doudna, as we explore the perils and the promise of this powerful technology. It is not the first time human ingenuity has created something capable of doing us great good and great harm. Are we up to the challenge of guiding how CRISPR will shape the future?

PARTICIPANTS: Jennifer Doudna, Jamie Metzl, William Hurlbut

MODERATOR: Guy McKhann

MORE INFO ABOUT THE PROGRAM AND
PARTICIPANTS: https://www.worldsciencefestiv....al.com/programs/cris

TOPICS
0:00 - Introduction
1:55 - Jennifer Doudna introduction
2:25 - How do we learn to use CRISPR technology wisely?
3:29 - The basics of understanding CRISPR
6:04 - Genetic engineering explainer film
7:39 - How can CRISPR help the worldwide food chain?
9:57 - Genetic disease treatment
14:25 - Improving quality of life
15:55 - Designer babies
17:55 - The gene drive
19:25 - Confronting the ethical implications of CRISPR
23:55 - Jennifer’s childhood in Hawaii
28:25 - Patents
32:08 - Importance of accuracy
32:40 - Germ cells vs somatic cells
35:58 - He Jiankui controversy
40:05 - What makes CRISPR dangerous?
43:48 - How do we enforce regulation of CRISPR use?
53:50 - The aftermath of He Jiankui’s work
1:09:25 - How do we make CRISPR technology accessible globally?
1:14:00 - How do we balance natural biology and CRISPR?
1:18:44 - How will CRISPR impact our future as a species?

PROGRAM CREDITS
- Produced by Nils Kongshaug
- Associate Produced by Emmalina Glinskis
- Music provided by APM
- Additional images and footage provided by: Getty Images, Shutterstock, Videoblocks.
- Recorded at the Simons Foundation's Gerald D. Fishbaum Auditorium

The Kavli Prize recognizes scientists for their seminal advances in astrophysics, nanoscience, and neuroscience. The series, “The Big, the Small, and the Complex,” is sponsored by The Kavli Foundation.

- SUBSCRIBE to our YouTube Channel and "ring the bell" for all the latest videos from WSF
- VISIT our Website: http://www.worldsciencefestival.com
- LIKE us on Facebook: https://www.facebook.com/worldsciencefestival
- FOLLOW us on Twitter: https://twitter.com/WorldSciFest

Your African Kingdom South of Egypt. Part 1

Your African Kingdom South of Egypt. Part 1 Baka Omubo 54 Views • 5 years ago

Simply asked, which country today is south of Egypt? How powerful is it? In ancient times what did it do to EGYPT? Where are the descendants of that Kingdom? Are current tribes in that country children of the older kingdom south of ancient Egypt? Are they Nubians, Kushites, Meroe, Or Sudanese? Are the Arabs ruling Egypt the sons and daughters of ancient Egyptians? Why is this powerful kingdom south of Egypt rarely taught in schools , universities or blasted in televisions Movies etc. Is Nubia that kingdom? Yet it has many names! Let us share a Brief history of Modern Sudan and WHY it is being hid from the mass consciousness. Sudan became independent in 1956.Then Why did the Republic of South Sudan secede from the North? The decision to secede can be traced to the northern Sudanese government's consistent policy of marginalization of the southern part of the country British colonial policy in Sudan had a long history of emphasizing development of the Arab north, and largely ignoring the Black African south, which lacked schools, hospitals, roads, bridges, and other basic infrastructure. After Sudan's first independent elections in 1958, the continued neglect of the southern region by the Khartoum government led to uprisings, revolt, and the longest civil war on the continent. Peoples affected by the violence included the Acholi, Anyuak, Baka, Balanda Bviri, Bari, Boya, Didinga, Dinka, Jiye, Kaligi, Kuku, Lotuka, Mundari, Murie, Nilotic, Nuer, Shilluk, Toposa and Zande. Are Nubians Black?
Are Nubians Africans? The answers again are in this video and very informative.
Find out more.
Watch, Comment, Share and Subscribe.
REFERENCES:
https://www.tellerreport.com/n....ews/--why-did-the-nu
EgyptSearch Forums: The Nubians of Egypt consider it an insult if you call them Sudanese.They’re Egyptian
Sudan Divided Identity, Divided Land P1.mkv
Sudan Divided Identity, Divided Land P2.mkv
Sudan Divided Identity, Divided Land P3.mkv
(1) There Is No Middle East - YouTube
Africa Afrika (tumblr.com)
NUBA PEOPLE: AFRICA`S ANCIENT PEOPLE OF SOUTH SUDAN (kwekudee-tripdownmemorylane.blogspot.com)
Ancient Egypt (teacheroz.com)
Africa was Kush/Ethiopia!
History Wiped Out. The Dinka Nubians Connection From Central Sudanic Are The First Ancient Egyptians (cityscrollz.com)

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