Osteopath, crypto nut, psychonaut, health/fitness guy. Basically just a simple man having fun with science and exploring consciousness.
Decentraland
For those who may be wondering why crypto can flash crash so quick in mere minutes like we saw 2 days ago. When we get a build up of leveraged longs on exchanges coupled with thin liquidity it presents an opportunity for whales to dump on the the market causing a cascade of liquidations. Each liquidation and stop-loss that gets triggered causes more coins to get dumped causing a deeper, quicker drawback. Same thing happened in May this year. This is one of the downsides of having derivatives (such as futures and ETF's) in crypto. Making crypto much more volatile than it ought to be which is far from ideal. Rest-assured that another flash crash straight after one is far more unlikely due to the leveraged longs having been flushed out and we essentially get a 're-set'.
The only thing we should be mandating is that everyone reads George Orwell's '1984' and Aldous Huxley's 'Brave New World'. It looks to me that we are hurtling towards a blend of those two dystopian futures.
I believe the most underrated skill that university taught me was how to analyze any piece of research or data. We had a whole paper dedicated to not only finding the articles you want but analyzing the validity and strength of that information. To be able to go through a study with a fine-tooth comb and know what to look for is essential in the age of information abundance and overload. The internet is very liberating in that it allows any user to freely surf the abyss and try and find answers to a particular question from the comfort of your home. The downside is how to differentiate between strong evidence-based information vs all the rubbish that’s out there? Without getting into the nit and gritty of analyzing evidence (that would take far too long and quite frankly be quite boring), anyone can look at the hierarchy of evidence pyramid and objectively hold up their piece of information to see where it sits on that pyramid.
I’m not a watcher of TV but a listener of Podcasts. In an age of abundance and information overload, I find it increasingly important to listen to experts in their respective fields as opposed to catching rehearsed sound bites and sensational news encapsulated in commercial advertising. It’s so refreshing hearing enthusiastic scholars talking about a subject they are passionate about in a long-form open conversation. I got into podcasts roughly a year ago and haven’t looked back. I can honestly say I feel like I’ve had an extra college education since graduating, it feels totally liberating. Plus, as most of you know your brain works like a muscle; the more we use it and learn the longer it functions optimally.
As part of my research thesis, I studied the diaphragm muscle (primary muscle of respiration). This included different breathing patterns and their profound sequalae on health outcomes. Most people have heard of the the term 'diaphragmatic breathing', but a lot less know the positive flow-on effects breathing in such a way has on other body systems and overall health.
As all here know STEEM is gonna be MASSIVE someday, so naturally I want to accumulate more STEEM while the prices are still relatively low. The only problem for me living in NZ is the on-ramps into crypto are fraught with hurdles. As buying crypto on Coinbase or Binance or any other exchange for that matter is not an option as payments with NZD as they are not yet enabled, we on this island have to rely on localbitcoins.co.nz for all our crypto needs. As those who have bought BTC on localbitcoins.com will know, the premium the seller puts on plus the fees the site takes often eats up a significant chunk of your investment. In my experience what you are left with is an amount of BTC that at market rate is worth about 90% of what you paid for it at the time. Not only that but exchanging BTC for STEEM eats up a little more. If only there was a direct fiat ----> STEEM option.