As Bitcoin prices rise, so will the incentive to mine it, creating a feedback loop that spells trouble for the climate. For advocates of cryptocurrency, the promise of an economic future that is managed by a blockchain (a decentralized database that is shared among the nodes of a computer network, as opposed to being held in a single location, such[Read More…]
When Kingsley Amis encountered the works of D. H. Lawrence, he was left unimpressed by yet another great denouncer and missionary the English send “themselves to tell them they are crass, gross, lost, dead, mad and addicted to unnatural vice.” With little charity, Amis suggested leaving the didactic novelist on “on his pinnacle, inspiring, unapproachable and unread.” Leaving aside matters[Read More…]
In a particular deli store in South Melbourne, a tongue-and-cheek message is attached to the cash register. “Bitcoin accepted there,” it proclaims brightly. Naturally, it is nothing of the sort, a teasing ruse for the punters and those casting an eye in the direction of the store. Cold hard cash remains king, albeit one with a tarnished crown; pandemic times[Read More…]
The Covid-19 pandemic that blazed across 2020 has thrown the world into disarray. Economic damage that has triggered the breakdown of the system signals a dire need for change. As the old system is getting dismantled and global leaders jump in to fix the problems, Bitcoin is now gaining traction, increasing in price and welcoming new users everyday. Bitcoin, invented[Read More…]
International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sovereign digital currencies. The Group of Twenty (G20), an organization of finance ministers and central bank governors representing the European Union and 19 countries across every continent, said in a report today that it is working with the International Monetary Fund (IMF),[Read More…]
A decade since the global financial meltdown, social and economic decay continues with regional conflicts creating tension around the world. The panic of 08 unraveled the demise of Western liberal democracy, a model of governance managed through control of the markets. The global crisis of legitimacy brought by the breakdown of the system exposed the forces that defined the contemporary[Read More…]
Bitcoin’s price explosion made news headlines this last year. Topics of digital assets entered onto dinner tables and friendly chats at work places. Fever of the digital gold rush that has swept mainstream finance became contagious. Institutional funds are now entering into cryptos, seemingly hedging their bets with their “sugar high” bubble economy. Jamie Dimon, the JPMorgan CEO who previously[Read More…]
Bitcoin mining – the mechanism of creating Bitcoins and approving transactions on the blockchain – consumes prodigious amounts of electricity due to the use of a ‘Proof of Work’ cryptographic algorithm. While some Bitcoin is mined using clean energy (hydropower and geothermal energy, mainly) most Bitcoin is mined using coal, because coal power is both ubiquitous and cheap. Unfortunately,[Read More…]
The Seven Social Sins of the World: Wealth without work Pleasure without conscience Knowledge without character Commerce without morality Science without humanity Worship without sacrifice Politics without principle — given by Mohandas Gandhi to his grandson Arun shortly before his assassination BITCOIN AND BLOCKCHAIN The world is on fire lately with the exponential growth of Bitcoin and other electronic cryptocurrencies. While[Read More…]
According to the official scenario, the world economy is enjoying its best period of growth since the global financial crisis of 2008-2009, which ushered in the worst recession since the Great Depression of the 1930s. According to a report issued by the Organisation for Economic Cooperation and Development last month: “The global economy is now growing at its fastest pace[Read More…]
The crystal ball gazers, astrologers and tea leave readers have been suffering a lingering fever of late. Bitcoin recently romped through the $10,000 barrier, an event that sent speculators swooning and conservative voices into a gloomy mood of pessimism. Bitt founder and director Gabriel Abed was rushing to declare the imminent funeral oration for cash, a newly founded digital frontier[Read More…]
DIPAM’s hasty moves to disinvest the government’s residual share in HZL highly imprudent and against the public interest 
A Climate of Betrayal 
Deserving Each Other: The PGA Tour-LIV Golf Merger 
The World Economy Is Changing—the People Know, but Their Leaders Don’t 
Tribute to Chris Hani on 30th martyrdom Anniversary 
Proper Treatment of Rail Accident Victims Demands Long-term Commitment and Support 
What the Kailasa Con Job Reveals About the Hindu Swayamsevak Sangh 
Release activists incarcerated in Bhima Koregaon Case 
The writing is on the wall: Farmers warn Parliamentarians 
The End Stage of American Empire 
End the culture of impunity and arrest accused Brij Bhushan Sharan Singh now 
Brasilia summit: Lula and Maduro reboot regional integration 
Steaming Ahead: Sikkim’s First Rail Project to Boost Connectivity by 2024 
Five years behind bars for five activists 
Five Years Since The First Arrests In Bhima-Koregaon Case 
Diluted Sovereignty: A Very Australian Example 
Conflict, Migration, and Demography in Russia and Its Border Regions 
Railway Safety Has Been Short of Funds, Needs Early Increase 
Notes on two recent sensations 
A shocking picture of health apathy….. 
Railway accident in Odisha- Are the Railways ready for high-speed trains? Who is to be blamed? 
Teaser of Film on Savarkar: Lies Galore 
Preserving India’s Heritage: The Power of International Collaboration for Natural and Cultural Conservation 
Looking for Home in an Overheating World – If Emissions Continue, Will We All Be Migrants Someday? 
From Ploughshares to Swords—Sudden Militarism of Those Who Once Stood for Peace 
Transreality 
Australia stands to benefit from India only if Indian democracy survives, not from rallies 
Whether Rhetoric or Serious, Arab Diplomacy Can’t Be Ignored! 
Unleashing the Power of Sports: How Sporting Events Drive Tourism Growth 
Black Panther and the need to dream for a better world 
Mexico’s Zapatistas Warn Chiapas Is on “the Verge of Civil War” 
Why distress from railway accidents may be much higher than is commonly believed 
Stop Plastic Pollution as We Commemorate 50th World Environment Day 2023 
Modi Regime should be Called to Account for the Deadliest Triple Train Collision at Balasore 
Thoughts on World Environment Day 
Nuclear Fusion: Eternal Energy = Eternal Damnation 
Why There Should Be A Treaty Against the Use of Weaponized Drones 
Protests in Germany after Anti-fascists sent to five years in prison 
Women Wrestler’s Protests: Exposing Beti Bachao Slogan 
Inauguration of Parliament Building: Coronation Ceremony? 
Our beloved K.P.Sasi is no more. Filmmaker, cartoonist, writer, mentor, friend and above all tireless activist championing the cause of every underdog, Sasi breathed his last, mid-afternoon this Christmas day – after battling a medical condition for months. I remember the last time I met him, almost exactly a month before he passed away, at the ayurvedic healing center in[Read More…]
