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The Altcoin Rises

O n May 11 2020, the crypto world experienced the phenomena knows as Bitcoin halving . For those who are still a little looney-toons regarding this phenomena, here's the lowdown . Moral of the story is that, as the Bitcoin supply decreased and it's 21 million market cap slowly approached, it was widely accepted that the low supply and high demand will increase the price of the cryptocurrency back to its previous highs. Basic business right? Wrong! Source: Equity Trust Company BTC prices actually fell and after briefly holding steady, are only just rising above the 10000 USD range. Surprise eh? Well, we are not done yet. Because while the most valuable crypto coin wasn't showing it's expected gains, some other cryptocurrencies shot to outer space. There was no SpaceX rocket nor a Tesla Roadster involved. These "altcoins" bumped up in their market value thanks to the entire underlying system of cryptocurrency: investor speculation.  But what exactly are these ...

Why Eradicating Poverty should be the new normal


Admit it kind guys are sexy guys. Guys who work not only for themselves but for the less able community around them are generally considered confidential. They also have a Ferrari in their garage. And wear stuff which we can't pronounce. Confident cool, the new normal right?

To be honest we are not here to talk about guys. We are here to talk about how eradicating poverty and why it is a necessity. And since most HomoSapiens' main necessity = achieving normalness acceptance in society, therefore, by mathematical induction, Eradicating poverty should be the new normal.

The idea of poverty has changed several times since humans invented the concept of money. Previously just shiny little toys you used to keep in your undies to show how big your balls were, to today's greenbacks which actually rule society, money is probably more powerful than all the heads of states combined. The base concept of poverty is the same: lack of food, clothing and shelter. But definitions have changed several times. ( I guess)

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We, humans, are curious species because we create things that in the end destroy us from within. Money was probably invented when some dude's chicken stopped laying an egg and the other dude wanted his side of the barter to be maintained. The dude probably found something shiny on the floor and passed it along to the other guy while cussing his chicken. Both their wives gossiped about this and thus the entire world caved in on the concept of money. Of course this is probably not what really happened but its the best I could come up with after grappling with it for an hour. Kinda makes you wonder if Ultron ( some shiny walking thing in Avengers 2)  was right. After all, he did say ' Everyone creates the thing they most dread' ( Something like that).

Over time some people were unable to find enough shiny stuff so the government start punching them out like rabbits making tinier rabbits. Soon money evolved and shiny coins became big notes to wave in front of your ex's face or end up using as a pickup line. Work was paid as wages. Income gap started becoming wider than a giant whale and soon, the concept of poverty erupted faster than the volcano in Hawaii.

" ... according to UNICEF, every 3.6 s a child dies from starvation. Bloody 3.6 s. That's the amount of time I take to look at the alarm, decide I'm lazy, and go back to sleep."

Over time we HomoSapiens started allegedly using our brain and started making creative inventions. The steam engine. The industrial revolution. The railway. The Mobile phone. The internet. The awesome Belgian and Swiss chocolates. And soon poor people, who did not earn enough, got jobs in these expanding industries and thus poverty started decreasing if only slightly. Why I say slightly is because we humans started behaving like our over-ambitious governments and started doling out tiny beings called children faster than a sibling eating an entire piece of molten chocolate lava cake before the other sibling found out. Population boomed and soon money earned by the mothers and fathers weren't enough to make sure hyperactive kids remained hyperactive.

That is not to say the world today is poorer place than the world some 50 years ago. Mentally we are probably behind because Justin Bieber lives, Kim K and Kanye make headlines for no actual reason and probably because Ramos also exists. But economically we are definitely ahead. People have started to realise condoms aren't chewing gums or plastic bags, the Green Revolution has been pumping out veggies faster than the next celebrity celebrating the alleged joys of 'veganism'. And numerous organizations are now working to help the poor and needy.

Image result for millennium development goals

But poverty has not gone yet. The Millenium Development goals by the UNDP organization may have decreased it more than ever before but mass poverty still exists. Around 3 billion people earn less than $2.50 a day and more than 80% of the living homo sapien population earns less than 10$ a day. While some of us lust after the next iPhone some people don't even earn enough money to buy a cheeseburger. I really thank god I was born in a family that can afford my little crankiness. What keeps me awake after the times when I see poor people is the fact that, according to UNICEF, every 3.6 s a child dies from starvation. Bloody 3.6 s. That's the amount of time I take to look at the alarm, decide I'm lazy, and go back to sleep.

I move countries based on my dad's work. I have lived in the Middle East, North America, Asia, and visited Europe. But poverty is ripe everywhere. Although it is more evident in Asia than possibly Europe, it still invokes ( at least in me) the same disgusted feeling I get every time I look in the mirror and realise what a worthless piece of utter crap I am.

I remember taking part in a competition. It was the FedEx Trade Challenge ( something like that) and we had to propose a hypothetical business plan as a hypothetical medical company who wants to start selling in Bangladesh. After tons of research what really shocked me is the number of people suffering from diseases like diarrhoea, food poisoning etc. A more worldwide search revealed a staggering 750 million people don't have access to clean drinking water with more than 800000 dying per year due to diarrhoea caused by inadequate sanitation.

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Countries from the OECD have helped in delivering aid to poor nations. But my Geography teacher always told me this aid comes with too many strings attached. Sometimes the aid, be it in the perform of comically expensive hydro-electric dams or world-class irrigation systems, proves costly to the receiving country. With the money they earn, they have to pay off the debts incurred to the giving nations and nod absentmindedly like donkeys to the demands of the giving nations. This is utter bullsh**t.  I get it,  you invested the money, you want it back but why the interest. They can't pay you, they can barely pay themselves. This is totally unsustainable. Some countries may even use their 'generous' schemes to get a one-up on their other aid-giving rivals. It likes a grudge match between 2 twins fighting over that last ice cream bar which eventually melts and falls straight through their messy hands.

Many inventions have been made which have advanced us enlightened apes. We can desalinate sea water to address the impending water crisis. We can 3d print our own food. We have now proper carbon capture and storage technology. 

But if we can't educate our own people, provide jobs for our own people spend money on improving our own people's condition, what is the point of saying ' we are battling poverty'?  Everything we try to do either backfires more spectacularly or leads to more problems. We need something sustainable. Which is where the whole problem of poverty begins and ends. Everything has its pro's and cons but achieving sustainability is the ability to battle the cons to and make them better than worse. It is hard to justify living ravishingly while people suffer. Some people are born with silver spoons, but then again today's tech driven news society means you don't miss the latest update on your favourite models' new underwear line, the latest football scores, and the latest news of mass starvation. We need to do something quickly, delicately managing both the arms of our self-imposed destruction. Babies aren't forming much slower, nor are our disadvantaged people getting any valuable education. Social stigmas, degrading genders, still exist. Problems are abound as we fight whammy from the Earth mammy when it comes to Global Warming. Today's leaders are also increasingly becoming tigger happy. 

Which is why eradicating poverty should be the new normal, because if anyone can solve this mind bending , gut wrenching, human destroying problem sustainably, he/she would be the the greatest person alive.  And achieving greatness is achieving sexiness. Cheers.

You can get more facts at 'https://www.dosomething.org/us/facts/11-facts-about-global-poverty'.

“If you really want to do it, you will find a way. If not, you will find an excuse.”
"Days will become better. We are working hard only for that" 

 - No idea who said it.

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