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Screengrabs: Painful Wailing from the Rift

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  Image Credits: Facebook Nandi’s, Tugens, and Kalenjins are a blessed group of people who survive at high altitude geographical regions devoid of enough oxygen. This implies their incredible performance in long-distance runs in athletics. The altitude has however taken a toll on their thinking capacity and negatively impacted their decision-making. The Rift almost voted 99.9% pro William Ruto was a presidential candidate against R.t Hon. Raila Odinga and others. The votes cast exemplified their expectations for priority whenever ‘their’ government takes over. However, this has not been the case as most of the ceremonies and political visits to the region have been ‘Thanksgiving Ceremonies’ for their votes to the political elite from the region the recent being attended by Rigathi Gachagua as the Chief Guest hosted by Eli Rop. Image Credits: Facebook In a twist of events, citizenry from the region noted that ‘their’ president was in Nyanza region launching an endless c

REPORT: Meta AR glasses roadmap shows Zuckerberg pushing hard for 'iPhone moment' by 2024

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Meta Platforms ( FB   +0.6% ) used a  February event  to showcase the role of  artificial intelligence in the company's future, with a nod to an eventual release of new eyeglasses tapping augmented reality (AR) - the ability to overlay information on the world a user sees around them. A new look at the company's AR roadmap shows a push to  make a splash with new glasses as soon as 2024 . CEO Mark Zuckerberg has a particular interest in the product, wanting it to be "an iPhone moment," a source tells The Verge, adding "Zuck's ego is intertwined" with the glasses. It's a "holy grail" device that will mark a redefinition of people's relationship with technology, akin to the rollout of smartphones, Zuckerberg says, but the demos so far haven't been based on functioning hardware or software, suggesting the reality of that vision is some years away. The company's roadmap - for "Project Nazare" - suggests employees are racing

GOOD NEWS: BTC coming to Visa.

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                                               credits: alphacard.me Payments giant VISA could soon add Bitcoin and other cryptocurrencies to its expansive payments network, CEO Alfred Kelly said during an online appearance last week. However, despite the words, Kelly is not entirely convinced of the broader use case of cryptocurrencies so far. The payments veteran said that while Bitcoin was among the most widely used and known cryptocurrencies, its function was more like “digital gold” and that it was “not used as a form of payment in a significant way at this point.” Cryptocurrency services are, so far, allowed only for exchanges and wallet providers who receive fiat from a customer and exchange it to crypto on their end. This means that whenever a customer uses a “crypto card” at a retail merchant, the  actual  crypto itself does not interact with the VISA network. Instead, the exchange sells an equivalent amount of crypto, and VISA processes the payment in fiat. But Kelly says tha

NO RESOLUTION YET? ,YOU NEED TO INVEST IN CRYPTOCURRENCY!

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               There has been quite misconstrued versions of stories surrounding cryptocurrency investments, and especially the most renowned one- Bitcoin (BTC). While it is agreeable that hoaxes and scamming has been rampant in the recent past over what con men term to be "bitcoin investment", finding a real and verified cryptocurrency trading platform will ease the hustle of you being a target to cons.            I was introduced to cryptocurrency by a roommate from my days in Campus. I was suspicious of the idea and I therefore "blew" a whooping Kshs. 100 to purchase my first bundle of bitcoins. That was about six years ago. I forgot about the a hundred shillings as they wouldn't be sold at a value worthy enough to satisfy my needs. September 2020, I was fixated! The idea of my crypto-trading account crossed my mind, however I grew numb because I had forgotten the password and had also lost the paper code to help with my login. I therefore requested a passwor

Avant-Garde Monetary Theories Too Good To Be True.

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The Australian government is planning to spend AUD 190 billion (USD 132 billion) to support the economy in response to COVID-19, according to the latest Parliamentary Budget Office estimate. The total impact of COVID-19 on the government’s net debt, including both revenue impacts (down, because of less activity) and spending impacts (up because of spending to support the economy) amounts to between 11% and 18% of gross domestic product, or AUD 500 billion to AUD 620 billion. The estimates are based on the three possible scenarios developed by the Reserve Bank: “downside”, “baseline” and “upside”. Each differ in their assumed timing of the relaxation of social distancing and other restrictions, and for how long uncertainty and diminished confidence weigh on households and business activity. With similar blow-outs around the world, a view gaining ascendancy, including amongst commentators such as Alan Kohler, is that government debt doesn’t matter – provided the government owes the money

Crowd1 Red Flagged!

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Image:itsnewsafrica After reading that Excerpt in a local Newspaper of a warning from the Kenyan Government to those carrying out operations with Crowd1, I delved into the matter and dug deeper to understand what really Crowd1 is.? Here are some of the countries that Crowd1 have been red flagged with reasons. My experience with them too. JOHANNESBURG, SOUTH AFRICA : the regulator of Financial Services Providers (FSPs) has issued a public warning about Crowd1 being a suspected pyramid scheme that has been banned in Namibia and the Philippines. ‘Crowd1 is neither an authorised FSP nor a representative of one, and there is also no record of it having applied for a licence with the FSCA’, the regulator said. The FSCA has referred Crowd1 to the SA Reserve Bank, where it is being investigated. This is after reports surfaced of Eben Etzebeth and Duane Vermeulen- Springbok Rugby Players, being investors in Crowd1. The       FSCA is advising the public to only contract business with regi

Bitcoin: Answer to Venezuela’s Sanctioned Oil Barrels.

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From monetary policy mishandling to decentralisation of a wealth store, Bitcoin has proven to act as a solution to many financial problems. Bitcoin could also be a lead solution to Venezuela’s sanctioned oil now floating at the sea. There is more than 18 million barrels of Sanctioned oil belonging to Venezuela currently not in good use but just floating on the sea.   Venezuela is one of many countries under strict sanctions from the United States. The US has been applying pressure to the country recently, seeking to cut off revenue flow to the regime. President Nicolas Maduro launched a cryptocurrency backed by oil, the petrol, in an attempt to skate sanctions. Trump banned the cryptocurrency in the United States. Due to the sanctions, and conditions in the oil market, Venezuela has over 18 million barrels of oil just floating at sea. This amounts to roughly two months of production in the country, unable to be monetised due to sanctions.   Countries won’t do business with Ve