The bullish case is that Bitcoin will appreciate indefinitely due to its capped supply and an ever-growing demand. The bearish case is that Bitcoin's price will fall to zero, as it's an intrinsically worthless asset. We think the future price path is more likely to remain bounded between these two extremes.
One of the biggest things that makes life difficult for people in rural France is the cost of transportation. Gas prices in the country are around 1.44 Euros per liter, the equivalent of over 6 dollars per gallon. This is almost triple what gas prices are in America, which makes things hard for people who are already struggling to simply put food on the table.
I know of several “non-Tether” arbitrageurs, so Tether is certainly not the only one at it. But it’s not conceivable to me that $600M would have been withdrawn from Bitfinex in such a short time frame. If my assumption is correct, Tether is buying up USDT on the market for a discount, retiring them and internally crediting itself $1.
This is a really clever effort for Michelin, because by packaging all the destination restaurants across France, and eventually Europe and the world, they gave people a reason to drive. And for existing automobile-owners, a reason to visit more towns and drive longer.
Ten million third molars (wisdom teeth) are extracted from approximately 5 million people in the United States each year at an annual cost of over $3 billion.
In addition, more than 11 million patient days of “standard discomfort or disability”—pain, swelling, bruising, and malaise—result postoperatively, and more than 11000 people suffer permanent paresthesia—numbness of the lip, tongue, and cheek—as a consequence of nerve injury during the surgery. At least two thirds of these extractions, associated costs, and injuries are unnecessary, constituting a silent epidemic of iatrogenic injury that afflicts tens of thousands of people with lifelong discomfort and disability.
“We’re lucky to live in a world with so much good content and information. But there’s so much available that everyone needs a trusted filter, curator, and arbiter to distill and contextualize the most relevant pieces of learning into something they can trust. That’s what Shane and the Learning Community do for me.
Socratic questioning can be used to establish first principles through stringent analysis. This a disciplined questioning process, used to establish truths, reveal underlying assumptions, and separate knowledge from ignorance. The key distinction between Socratic questioning and normal discussions is that the former seeks to draw out first principles in a systematic manner. Socratic questioning generally follows this process: