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GelatoEconomist
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Marriage market cards - a form of trade/exchange/dating in China; cards containing info such as gender, birth year, height, educational level, occupation, monthly salary, partner requirements, and phone number at the bottom for contact. Cards are mainly used by parents to find a life partner for their kids and to have an own backup for retirement. #economics #money #PensionFund #retirement #dating #PlayingCards #nostr #love #Bitcoin #crypto #economy #finance Source:
The ultimate proof-of-inflation - banknote street-art "Several artists have set up stalls in the historic area of downtown Bogotá selling a variety of crafts and artwork using the older Venezuelan bolívars (also known as bolívar fuerte). These notes have recently gone out of circulation as the government replaced them with bolívar soberano in an effort to tackle hyperinflation." #economics #money #nostr #newstr #news #hyperinflation #economy #Bitcoin #FIAT #crypto #finance Source:
Aahat (punch-marked coins) - early coinage of India, dating to between about the 6th and 2nd centuries BC. Each coin contained on average 50–54 grains of silver. Most common punches were: the sun and six-armed symbols, and various forms of geometrical patterns, circles, wheels, human figures, various animals, bows and arrows, hills and trees. #economics #history #money #world #nostr #newstr #coinage #economy Source: image
WORD OF THE DAY: "0-DAY" or "zero-day" zero-day - a name for exploits/malware/viruses that rely on unpatched vulnerabilities in software. They abuse monopolistic/centralized nature of internet (as most people use the same software such as iOS, android, windows, macOS). Zero-day attacks can also be used to attack the internet of things (IoT) such as smart fridges, light bulbs, wi-fi routers, smart watches, home cameras, thermostats, intelligent control systems, etc. Famous "pegasus" is a malware reserved only for governments. 0-days are available for companies/groups, rich individuals & governments, too. Prices: "Zero-day exploits that grant access to a chat application, web browser, or email can be valued at up to $500,000. Whereas zero-day vulnerabilities that allow access to someone's phone without any user interaction can command prices all the way up to $2.5 million." image #DigitalAge #HackWorld #security #cyber #newstr #nostr #economics #money #GelatoEconomist #IoT #smartphones #tech #news Source: https://securityboulevard.com/2024/06/zero-day-marketplace-explained-how-zerodium-bugtraq-and-fear-contributed-to-the-rise-of-the-zero-day-vulnerability-black-market/
WORD OF THE DAY: "HOT POTATO" Hot potato - an asset/money/token/product that is flipped/sold/exchanged/spent/passed on quite quickly/frequently in order to achieve maximum profits in a short period of time & to prevent from depreciation in value over time or a financial loss. People holding a hot potato often have a clear exit strategy. (If) hot potato eaten = (then) rug pull occured. #HotPotato #MashedPotatoes #cooking #foodstr #asknostr #WikiFreedia #nostr #FinancialTime #economics #GelatoEconomy #MonkeyNFTs #tokens #VC #trading #stocks
🖕 TikTok / DouYin "In recent years, Tibetans, especially singers, small traders doing businesses online, debates among people online, meetings, educating through online, and all kinds of live broadcasts on Douying have to speak Chinese, even if they don't want to, they start by apologising to Tibetans while they are speaking Chinese, and if they don't speak Chinese, they can't continue the live broadcast. It is very difficult to openly criticise the Douying Company and the Chinese government, as they risk detention, arrest and imprisonment simply for criticising them." #technocracy #tech #nostr #news #newstr #TikTok #DouYin #DigitalTimes #censorship #BigTech #Internet #SocialMedia #FreeSpeech Source:
🍨SCOOP OF THE DAY: "MATCH GROUP, INC." Match Group, Inc. - an american tech company that operates the largest global portfolio of dating sites, is traded on Nasdaq, had 3.36 billion US$ in revenue in 2023. Headquarter: Dallas, Texas. Dating services owned: Archer, Asian People Meet, Azar, Baby Boomer, People Meet, Black People Meet2, Black Christian, People Meet, Black Professional People Meet, BLK, Catholic People Meet, Chinese People Meet, Chispa, Delightful, Democratic People Meet, Divorced People Meet, GenX People Meet, Hakuna, Hinge, India Match, Interracial People Meet, Italian People Meet, J People Meet, Latino People Meet, LDS Planet, Little People Meet, Loveandseek, Marriage Minded People Meet, Match.com, Meetic, OkCupid, Ourtime, Pairs, Peoplemeet, Petpeoplemeet, Plenty of Fish, Republican People Meet, Senior Black People Meet, Ship, Single People Meet, Stir, The League, Tinder, Upward, Yuzu, Veggie People Meet #dating #tech #BigTech #love #AI #data #money #economics #centralization #Internet #privacy #newstr #nostr #news #economy Source:
Daric - a gold coin / a silver coin; monetary standard of the Persian/Achaemenid Empire, dating back to 4th century BC. First coins were introduced by Cyrus the Great. However, a new thick gold coin was introduced by Darius I. It's standard weight was 8.4 grams & gold's purity 95.83%. #history #money #coins #coinage #money #finance #HomoSapiens #economics #FIAT #Bitcoin #cryptocurrencies #gold #nostr #edu #Internet Source:
hikikomori - a socially avoidant behaviour (for more than 6 months) such as refusal to go outside of the home, to work, or to attend school, as well as withdrawing from social communication. Formally recognized and defined in Japan in the 1990s. It has been documented in many other countries with broad cultural differences. "Some psychologists note the importance of considering whether hikikomori is a new condition that stems from current broad sociocultural conditions. Much of this thinking focuses on the impact of social media and the Internet." #SocialMedia #Internet #hikikomori #privacy #DigitalRights #InternetFreedom #FreePress #technocracy #panoptykon #censorship #news #newstr #nostr #psychology #digital #BigTech #data #cyber
neo-Luddism - a movement in modern society; people who free themselves from social networks, or even reject the technology completely. Market's growth of "dumb phones" is a side effect and a clear sign of this evolving social movement. #society #media #newstr #movements #freedom #surveillance #distraction #news #DigitalRights #privacy #offline #DigitalSlavery #FreePress #InternetFreedom #tech #smartphones #cybersecurity #finance #economics #Bitcoin #money #GelatoEconomist
WORD OF THE DAY: "walled garden" walled garden - a closed platform or environment, wherein the service provider controls and approves access to applications, content, and media. Examples: Apple Store, Google Play Store, Huawei AppGallery, Facebook, Weibo, X (Twitter) #slang #Internet #tech #OpenSource #AnotherBrickInTheWall #GeoFencing #newstr #news #nostr Source: https://www.techslang.com/definition/what-is-a-walled-garden/
🍨SCOOP: Citizen journalist showing concentration camps in China 🎬🔍 #CitizenJournalism #GuanGuan #newstr #news #Xinjiang #China #nostr #FreeSpeech #OpenSource #OpenSourceEverything #tech #privacy #uyghur #ConcentrationCamps #HumanRights
BREAKING: "Italy Highlights Open Source's Key Role in Public Service Digitalisation" BREAKING 2: "Switzerland has enacted the "Federal Law on the Use of Electronic Means for the Fulfilment of Governmental Tasks" (EMBAG), establishing a mandatory requirement for open source software within public sector bodies." #StepByStep #OpenSource #Internet #tech #newstr #EU #evolution SOURCE:
Disney dollar - a scrip sold by The Walt Disney Company and redeemable for goods or services at many Disneyland facilities. Pegged by US dollars. First used in 1987. Distribution stopped in 2016. Features: microprinting, reflective ink and imprinting on the front and back of the bill to deter scanning and copying, printed with serial numbers and letters which are unique to each bill, had small bits of glitter scattered on them. Issuing authority: Scrooge McDuck #economics #finance #money #disney #GelatoEconomist #scrip #Bitcoin #crypto #history #nostr #tech #edu Source:
Shell money - commodity money, used worldwide (some places even today like in Papua New Guinea). Small, portable, durable, neutral, impossible to counterfeit and stable against inflation. Chinese traditional character 貝 (simplified 贝) bèi depicts probably the most popular type of shell money used in ancient China and worldwide - cowrie shells (Cypraea moneta/Monetaria moneta). On the other hand, Inuit and Native Americans prefered dentalium shells and used them as an international trade item. Some places shells were/are fastened together in strings of forty or one-hundred each, so that fifty or twenty strings represented a dollar. #economics #finance #money #HomoSapiens #ShellMoney #GelatoEconomist #history #trade #world #Bitcoin #cryptocurrency #technology #Internet Source:
Pearl - a type of gemstone that is formed when an irritant enters the shell of a mollusk. Types of pearls: freshwater pearls, saltwater pearls, cultured pearls. Size: 6 to 15 millimeters. Price range: $1 to $100,000. "The global pearl market is currently valued at just over $10 billion." "Originating in Mesopotamia, the pearl trade flourished in the Indian Ocean all along the Persian Gulf, the South China Sea and the Sea of Japan where it remained for millennia before demand from the monarchies of Europe sparked dives across the Western hemisphere." "From the mid-18th century with the rise of global trade, the Gulf’s pearl industry exploded; trade routes that connected Indian, Persian, and Turkish lands meant that the pearl eventually flooded European and Chinese markets. By the late 19th century, it is estimated that around 60,000 people, almost the entire population of the Arabian Gulf, stretching from Kuwait along Saudi Arabia to Bahrain, Qatar, and the Sultanate of Oman were involved in pearling, at times representing up to 95% of local incomes." "The pearling industry was dominated by slave labor, and male slaves were used as pearl divers until the final abolition of slavery in the Gulf states in the period of 1937–1971. Thousands of slaves from India and Africa were transported through Zanzibar into the region in order to meet the world’s gargantuan demand for pearls." #nostr #money #finance #trade #history #economy #economics #pearls #slavery #FreedomMoney #HomoSapiens #Bitcoin #crypto #trading #technology #Internet Source: https://www.pearlparadise.com/pages/pearl-price
Jade - decorative rocks (from creamy white to greenish). Term jade often used for both jadeite and nephrite. The most valuable is "Hotan jade" being pure white & termed "mutton fat". It's price reached 3000$ per ounce in 2010. "The major source of Chinese nephrite is Hotan in western China's Xinjiang Province, while jadeite comes from the Hpakan region of Upper Myanmar (Burma)." "Environmental watchdog Global Witness valued Kachin’s jade (northern state in Myanmar) trade at up to US $31 billion, with 50 to 80% being sold illegally to China." "At least three people were killed in a December 2021 landslide, while a 2020 landslide claimed 162 lives and another in 2015 killed 113." "Chinese term '玉石之路' (jade road) exists within Chinese archaeological and cultural articles (and even in business and travel magazines) as a prehistory to the 'Silk Road'. There exists evidence of a jade trade during the Neolithic Period (12,000 – 2200 BCE) and the Bronze Age (2200 – 500 BCE) in China well before silk was transported along the 'Silk Road'." #economics #jade #trade #economy #rocks #money #environment #HumanRights #finance #art #news #nostr #mining #Bitcoin #gold #cash #crypto #JadeRoad #SilkRoad #history #technology Source: https://www.npr.org/sections/goatsandsoda/2020/09/29/915604532/how-a-beloved-gemstone-became-a-symbol-of-environmental-tragedy-in-myanmar
SCOOP OF THE DAY: "Big data swindling" Big data swindling - algorithmic discrimination by which the prices for the same goods and services online are hiked up for existing customers, based on gathered information and data analytics. #BigData #algorithms #OpenSource #news #swindling #world #technology #finance #money #GelatoEconomist #BigTech #privacy #trending #nostr #newstr #scoop Source: