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Daily Archives: December 7, 2021
TERRY MATTINGLY: Facing modern chaos, priests need old symbols and truths – The Albany Herald
Posted: December 7, 2021 at 5:42 am
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TERRY MATTINGLY: Facing modern chaos, priests need old symbols and truths - The Albany Herald
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When Did Michael Jordan Start Playing Golf and Who Introduced Him to the Sport? – EssentiallySports
Posted: at 5:42 am
Michael Jordan remains one of the most popular athletes the world has seen, influencing and inspiring even after his retirement. Now, while Jordans fame is a result of his illustrious basketball career, golf has always been highlighted as an interest the Chicago Bulls legend has. Lets take a look at Jordans extensive interest in golf, which has only grown.
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While Jordans played basketball since he was a kid, he was also introduced to golf when he was at the University of North Carolina. Jordans friend Buzz Peterson had invited his friend Davis Love III over, the latter wanting to go play golf at the Finley Golf Club in Chapel Hill. The NBA icon had played his last college game and ended up tagging along.
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That being said, Jordans love for golf began in 1984 the same year he was drafted by the Chicago Bulls.
He started off just tagging along and driving the cart or walking around with us, just because there were so many guys playing, Love said in an interview. He tried to come out and hack it around and hang out. Jordan eventually started hitting a putt or a drive every now then, Love eventually putting together a bag of old clubs and balls for him.
Jordan ended up learning the game eventually, admitting that he has been hooked ever since his first round of play with Al Wood.
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Now, while Love put together a bag for Jordan, it was Duke Universitys director of golf Ed Ibarguen who helped Jordan learn. Michael really got bit by the bug, though, a little more than the rest, Ibarguen revealed, speaking about other athletes also showing some kind of interest in golf.
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Today, a 58-year-old Jordan also has his own golf course The Grove XXIII. It is a super-exclusive affair, with drones delivering beverages to the golfers. The golf carts will be able to speed 35 miles per hour, while caddies will have scooters.
Jordans love for golf has remained consistent over the years, currently even turned into an investment of his own.
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Sooners in the NFL: Week 13 – Sooner Maven
Posted: at 5:42 am
Another Sunday has come and gone with NFL Week 13 in the books just short of Monday nights collision between the New England Patriots and the Buffalo Bills.
For former Oklahoma running back Adrian Peterson, it was another triumphant return to the field as he made his debut with the Seattle Seahawks after being waived by the Tennessee Titans earlier in the year.
Peterson and the Seahawks hosted the rival San Francisco 49ers on Sunday afternoon trying to right the ship after a recent rough patch put Seattle on the brink of a lost season.
But, with the help of a Peterson rushing touchdown, the Seahawks managed to get a must-have 30-23 win to move to 4-8 on the season and keep some hopes of postseason play alive.
Adrian Peterson
Joe Nicholson-USA TODAY Sports
The touchdown from the Sooner legend not only helped his team win but put him in exclusive NFL company.
With Sundays score, Peterson became the first player in NFL history to run for a touchdown with six different teams.
The Minnesota Vikings, the Washington Football Team, the Arizona Cardinals, the Detroit Lions, the Tennessee Titans and now, the Seattle Seahawks.
A storied career gets one more check mark to the Hall-of-Fame resume.
As for the rest of the former Sooners in the NFL, here is a recap of how they did in Week 13:
(W 33-22 at Chicago)
(L 20-19 at Pittsburgh)
(vs New England on Monday Night)
(L 33-22 vs Arizona)
(L 41-22 vs LA Chargers)
(Bye Week)
(W 27-17 at New Orleans on Thursday Night)
(W 29-27 vs Minnesota)
(W 22-9 vs Denver)
(L 17-15 vs Washington)
(W 41-22 vs Cincinnati)
(W 37-7 vs Jacksonville)
(L 29-27 at Detroit)
(at Buffalo on Monday Night)
(L 27-17 vs Dallas on Thursday Night)
(L 20-9 at Miami)
(L 33-18 vs Philadelphia)
(W 33-18 at NY Jets)
(W 20-19 vs Baltimore)
(L 30-23 at Seattle)
(W 30-23 vs San Francisco)
(Bye Week)
(W 17-15 at Las Vegas)
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101 Greatest Screenplays Of The 21st Century: Horror Pic Tops Writers Guilds List – Deadline
Posted: at 5:42 am
Now, youre in the sunken place.
If you recognize that line, you know the film whose script the Writers Guild of America just voted as the best of the past 22 years. Jordan Peeles Oscar-winning Get Out tops the WGAs just-released list of the 101 Greatest Screenplays of the 21st Century (So Far). See the full list below.
Eternal Sunshine of the Spotless Mind, The Social Network, Parasite, No Country for Old Men and Moonlight round out the top six. All of them won a Screenplay Oscar, but three of the next four on the WGAs list There Will Be Blood (No. 7),Inglorious Basterds (No. 8) and Memento (No. 10) did not. The No. 9 script, Almost Famous, took Academy Award for Adapted Screenplay.
Christopher Nolan wrote four of the 101 top screenplays 2000sMemento,2008sThe Dark Knight (No. 26), 2010s Inception (No. 37) and 2006sThe Prestige(No. 82). Dark Night and Prestige were co-penned by his brother Jonathan Nolan, who also wrote the short short upon whichMementowas based.
Quentin Tarantino placed three scripts on the list with 2009s Inglourious Basterds, 2019s Once Upon a Time in Hollywood and 2012s Django Unchained. Sodid Joel & Ethan Coen with 2007s No Country for Old Men, 2009sA Serious Man and 2013s Inside Llewyn Davis.Alfonso Cuarn also wrote or co-wrote three of the films:Children of Men(No. 18, 2006),Roma(No. 62, 2018) andY tu mam tambin(No. 86, 2001).
Charlie Kaufman penned two of the top dozen screenplays withEternal Sunshine of the Spotless Mind(2004) andAdaptation(2022). Annie Mumulo & Kristen Wiig made the top showing among women, No. 12 forBridesmaids(2011), with Diana Ossana at No. 13 for 2005sBrokeback Mountain, which she wrote with Larry McMurtry.
Greta Gerwig placed a pair of screenplays on the list:Lady Bird (No. 16; 2007) and Little Women (No. 89; 2019).
Aaron Sorkin also hit a double with 2010s The Social Networkand 2011sMoneyball(No. 56). Michael Arndt is another double honoree, forLittle Miss Sunshine (2006) and Toy Story 3 (2010), as is Wes Anderson, having scripted 2001s The Royal Tenenbaums(No. 14, with Owen Wilson) and 2014s The Grand Budapest Hotel.
The person with the most films on todays WGA list who did not receive Oscar nominations for those same titles is Paul Thomas Anderson. He penned There Will Be Blood, The Master (No. 84, 2012) and The Phantom Thread (No. 87, 2017).
One interesting inclusion from the Writers Guild tally is Mad Max: Fury Road, a film that has so few lines of dialogue that director George Miller had to beat back rumors that Fury Road had no script before it started filming.
This contemporary list spans the past 20-plus years of film, spotlighting a wide array of acclaimed, culture-defining movies and the screenwriters who wrote them, per the WGA.
As voted upon by the members of the Writers Guilds West and East, the list of the 101 Greatest Screenplays of the 21st Century (so far) is both a celebration of the great writers and screenplays of the last 21 years and a study of how writing for the screen has evolved and diversified since the 20th Century, said Aaron Mendelsohn, chair of WGAWs Publicity & Marketing Committee, which conceived the Guilds latest 101 list. . Plus, its a great conversation and argument starter.
Here is the full list, including the film, writers, year and studio:
1. Get Out (2017)Written by Jordan PeeleUniversal
2. Eternal Sunshine of the Spotless Mind (2004)Written by Charlie Kaufman, Story by Charlie Kaufman & Michel Gondry & Pierre BismuthFocus Features
3. The Social Network (2010)Screenplay by Aaron Sorkin, Based Upon the Book The Accidental Billionaires by Ben MezrichColumbia/Sony
4. Parasite (2019)Screenplay by Bong Joon Ho and Han Jin Won, Story by Bong Joon HoNeon
5. No Country for Old Men (2007)Written for the Screen by Joel Coen & Ethan Coen, Based on the Novel by Cormac McCarthyMiramax/Paramount Vantage
6. Moonlight (2016)Screenplay by Barry Jenkins, Story by Tarell Alvin McCraneyA24
7. There Will Be Blood (2007)Screenplay by Paul Thomas Anderson, Based on the Novel Oil! by Upton SinclairParamount Vantage
8. Inglourious Basterds (2009)Written by Quentin TarantinoWeinstein/Universal
9. Almost Famous (2000)Written by Cameron CroweDreamWorks
10. Memento (2000)Screenplay by Christopher Nolan, Based on the Short Story by Jonathan NolanNewmarket
11. Adaptation. (2002)Screenplay by Charlie Kaufman and Donald Kaufman, Based on the Book The Orchid Thief by Susan OrleanColumbia / Sony
12. Bridesmaids (2011)Written by Annie Mumulo & Kristen WiigUniversal
13. Brokeback Mountain (2005)Screenplay by Larry McMurtry & Diana Ossana, Based on the Short Story by Annie ProulxFocus Features
14. The Royal Tenenbaums (2001)Written by Wes Anderson & Owen WilsonTouchstone
15. Sideways (2004)Screenplay by Alexander Payne & Jim Taylor, Based on the Novel by Rex PickettFox Searchlight
16. Lady Bird (2017)Written by Greta GerwigA24
17. Her (2013)Written by Spike JonzeWarner Bros.
18. Children of Men (2006)Screenplay by Alfonso Cuarn & Timothy J. Sexton and David Arata and Mark Fergus & HawkOstby, Based on the Novel The Children of Men by P.D. JamesUniversal
19. Lost in Translation (2003)Written by Sofia CoppolaFocus Features
20. Michael Clayton (2007)Written by Tony GilroyWarner Bros.
21. Little Miss Sunshine (2006)Written by Michael ArndtFox Searchlight
22. Once Upon a Time in Hollywood (2019)Written by Quentin TarantinoColumbia/Sony
23. Promising Young Woman (2020)Written by Emerald FennellFocus Features
24. Juno (2007)Written by Diablo CodyFox Searchlight
25. The Grand Budapest Hotel (2014)Screenplay by Wes Anderson, Story by Wes Anderson & Hugo GuinnessFox Searchlight
26. The Dark Knight (2008)Screenplay by Jonathan Nolan and Christopher Nolan, Story by Christopher Nolan & David S.Goyer, Based Upon Characters Appearing in Comic Books Published by DC Comic, BatmanCreated by Bob KaneWarner Bros.
27. Arrival (2016)Screenplay by Eric Heisserer, Based on the Story Story of Your Life Written by Ted ChiangParamount
28. Jojo Rabbit (2019)Screenplay by Taika Waititi, Based on the Book Caging Skies by Christine LeunensFox Searchlight
29. Inside Out (2015)Screenplay by Meg LeFauve, Original Story by Pete Docter and Ronnie Del CarmenDisney/Pixar
30. The Departed (2006)Screenplay by William Monahan, Based on the Motion Picture Infernal Affairs, Written Alex Makand Felix ChongWarner Bros.
31. Spotlight (2015)Written by Josh Singer & Tom McCarthyOpen Road
32. Whiplash (2014)Written by Damien ChazelleSony Pictures Classics
33. Up (2009)Screenplay by Bob Peterson, Pete Docter, Story by Pete Docter, Bob Peterson, Tom McCarthyDisney-Pixar
34. Mean Girls (2004)Screenplay by Tina Fey, Based on the Book Queen Bees and Wannabes by Rosalind WisemanParamount
35. WALL-E (2008)Screenplay by Andrew Stanton, Jim Reardon, Original Story by Andrew Stanton, Pete DocterDisney-Pixar
36. Pans Labyrinth (2006)Written by Guillermo del ToroWarner Bros.
37. Inception (2010)Written by Christopher NolanWarner Bros.
38. Slumdog Millionaire (2008)Screenplay by Simon Beaufoy, Based on the Novel Q & A by Vikas SwarupFox Searchlight
39. Before Sunset (2004)Screenplay by Richard Linklater & Julie Delpy & Ethan Hawke, Story by Richard Linklater & KimKrizan, Based on Characters Created by Richard Linklater & Kim KrizanWarner Bros.
40. In Bruges (2008)Written by Martin McDonaghFocus Features
41. Mulholland Dr. (2001)Written by David LynchUniversal
42. A Serious Man (2009)Written by Joel Coen & Ethan CoenFocus Features
43. Amlie (2001)Screenplay by Guillame Laurant and Jean-Pierre JeunetMiramax
44. Toy Story 3 (2010)Screenplay by Michael Arndt, Story by John Lasseter Andrew Stanton and Lee UnkrichDisney-Pixar
45. The Favourite (2018)Written by Deborah Davis and Tony McNamaraFox Searchlight
46. Zodiac (2007)Screenplay by James Vanderbilt, Based on the Book by Robert GraysmithParamount
47. Gladiator (2000)Screenplay by David Franzoni and John Logan and William Nicholson, Story by David FranzoniDreamWorks/Universal
48. The Incredibles (2004)Written by Brad BirdDisney-Pixar
49. Knives Out (2019)Written by Rian JohnsonLionsgate
50. Ex Machina (2015)Written by Alex GarlandUniversal / A24
51. Birdman or (The Unexpected Virtue of Ignorance) (2014)Written by Alejandro G. Irritu Nicols Giacobone Alexander Dinelaris, Jr. & Armando BFox Searchlight
52. The Lives of Others (2006)Written by Florian Henckel von DonnerschmarckSony Pictures Classics
53. Nightcrawler (2014)Written by Dan GilroyOpen Road
54. 12 Years a Slave (2013)Screenplay by John Ridley, Based on Twelve Years a Slave by Solomon Northup20th Century Fox
55. The Big Short (2015)Screenplay by Charles Randolph and Adam McKay, Based on the Book by Michael LewisParamount
56. Moneyball (2011)Screenplay by Steven Zaillian and Aaron Sorkin, Story by Stan Chervin, Based on the Book byMichael LewisColumbia/Sony
57. Black Panther (2018)Written by Ryan Coogler & Joe Robert Cole, Based on the Marvel Comics by Stan Lee andJack KirbyDisney
58. You Can Count on Me (2000)Written by Kenneth LonerganParamount
59. Boyhood (2014)Written by Richard LinklaterIFC
60. Finding Nemo (2003)Screenplay by Andrew Stanton, Bob Peterson, David Reynolds, Original Story by AndrewStantonDisney-Pixar
61. The Hurt Locker (2009)Written by Mark BoalSummit
62. Roma (2018)Written by Alfonso CuarnNetflix
63. The Wolf of Wall Street (2013)Screenplay by Terence Winter, Based on the Book by Jordan BelfortParamount
64. Hell or High Water (2016)Written by Taylor SheridanLionsgate
65. Manchester by the Sea (2016)Written by Kenneth LonerganAmazon
66. A Separation (2011)Written by Asghar FarhadiSony Pictures Classics
67. Spirited Away (2001)Written by Hayao MiyazakiDisney
68. Mad Max: Fury Road (2015)Written by George Miller, Brendan McCarthy, Nico LathourisWarner Bros.
69. Booksmart (2019)Written by Emily Halpern & Sarah Haskins and Susanna Fogel and Katie SilbermanUnited Artists
70. City of God (2002)Screenplay by Brulio Montovani, Based on the Novel by Paulo LinsMiramax
71. Spider-Man: Into the Spider-Verse (2018)Screenplay by Phil Lord and Rodney Rothman, Story by Phil Lord, Based on the Marvel ComicsColumbia/Sony
72. Inside Llewyn Davis (2013)Written by Joel Coen & Ethan CoenCBS Films
73. The Kings Speech (2010)Screenplay by David SeidlerWeinstein
74. Django Unchained (2012)Written by Quentin TarantinoWeinstein
75. Oceans Eleven (2001)Screenplay by Ted Griffin, Based on a Screenplay by Harry Brown and Charles Lederer and aStory by George Clayton Johnson & Jack Golden RussellWarner Bros.
76. The Lord of the Rings: The Fellowship of the Ring (2001)Screenplay by Fran Walsh & Philippa Boyens & Peter Jackson, Based on the Book TheFellowship of the Ring by J.R.R. TolkienNew Line
77. Shaun of the Dead (2004)Written by Simon Pegg and Edgar WrightUniversal
78. Erin Brockovich (2000)Written by Susannah GrantUniversal
79. Call Me by Your Name (2017)Screenplay by James Ivory, Based on the Novel by Andr AcimanSony Pictures Classics
80. Three Billboards Outside Ebbing, Missouri (2017)Written by Martin McDonaghFox Searchlight
81. The Lobster (2015)Written by Yorgos Lanthimos and Efthymis FilippouA24
82. The Prestige (2006)Screenplay by Jonathan Nolan and Christopher Nolan, Based on the Novel by ChristopherPriestTouchstone/Warner Bros.
83. Midnight in Paris (2011)Written by Woody AllenSony Pictures Classics
84. The Master (2012)Written by Paul Thomas AndersonWeinstein
85. Argo (2012)Screenplay by Chris Terrio, Based on a selection from The Master of Disguise by Antonio J.Mendez and the Wired Magazine Article The Great Escape by Joshuah BearmanWarner Bros.
86. Y tu mam tambin (2001)Written by Carlos Cuarn & Alfonso CuarnIFC
87. Phantom Thread (2017)Written by Paul Thomas AndersonFocus Features
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Steward Health Care Week 17 high school star athletes of the week – Deseret News
Posted: at 5:42 am
Boys Basketball
Logan Prince, West Jordan (Sr.)
West Jordan senior forward Logan Prince is red hot to start the season.
He leads the state in scoring, averaging 28.5 points after scoring 20 points against Brighton last week and then 37 against Jordan. Hes also averaging 11.5 rebounds.
Logan Prince is an outstanding basketball player on and off the court. He has a 4.0 GPA, is a three-year starter and captain of our basketball team. He has great leadership qualities. Hes the type of player that makes everyone around him better. Hes a lot of fun to coach, said West Jordan coach Christian Wouden.
Last season Prince was second on the team in scoring (10.1 ppg) and rebounding (4.6 rpg).
He can and will do whatever is needed to make the team better. He can score inside and outside, he rebounds well, is quick to get steals and he sees the floor really well and makes excellent passes. He has a great basketball mind and IQ. He can play any position on the floor for us. I am extremely happy that Logan Prince is a Jaguar, added Wouden.
Kailey Woolston, Lone Peak (Jr.)
Lone Peak is off to a scorching 3-0 start this season led by returning all-stater Kailey Woolston.
In three games the junior is averaging 23.0 points, 6.0 rebounds, 2.0 assists and 2.0 steals. Last season Woolston averaged 18.9 points as a sophomore and was named a 6A first team all-stater.
Kailey is a phenomenal basketball player and leader. She competes with passion and desire, wanting to always get better and better. She takes to heart everything a coach tells her and uses every opportunity she has to learn, work, and improve in whatever area she can, said Lone Peak coach Nancy Warner. I love that she is never satisfied and is always willing to do whatever the team needs to be successful. She accepts any challenge and no moment is ever too big for her she will find a way and always give 100%. Her example and positivity motivates those around her to work hard as well. She is always putting in the time and work to get better everyday. Kailey is such a joy to coach.
Shes been very consistent in her three performances this year scoring 22 points against both Herriman and Copper Hills and then 25 points against Layton.
Evan VanBrocklin, Olympus (Sr.)
One of the states top swimmers last year, Olympus Evan VanBrocklin, is picking up right where he left off early this season.
A month into the season, VanBrocklin already owns top four times in the entire state in six different events, including the top time in the 50, 100 and 200 freestyle.
He ranks second in the 100 butterfly, third in the 200 individual medley and fourth in the 100 backstroke. The 200 IM and 100 fly were the two individual events he took state in last year, and he figures to shave even more time off all of his events over the next couple months of the season.
Maddy Parker, Spanish Fork (Jr.)
Maddy Parker is a freestyle specialist, her times early this season prove that.
A month into the season, the Spanish Fork junior owns the best time in the state in the 50, 100 and 200 freestyle. She also owns the fourth best mark in the 100 backstroke.
Maddy is a hard worker, but thats not only what makes her an exceptional swimmer. She is determined, resilient, patient and mentally and emotionally mature and tough. Those are aspects necessary to excel like she has in the sport of swimming, but also in life. She has, and will continue to thrive because of the woman she is becoming through this amazing sport and her persistent diligence, said Spanish Fork coach Shanon Dowling.
Brady Merkley, Uintah (Sr.)
Brady Merkleys quest for a fourth-straight individual state championship is off to a great start so far this season.
Merkley went 4-0 at the prestigious Layton Invitational last weekend at 144 pounds, winning all his matches by fall. He pinned his opponent just 66 seconds into the championship match.
Merkleys previously three state championships all occurred in 4A, but this year Uintah has bumped up to 5A which features a much deeper classification in his quest for a 4-peat.
Merkley is 6-0 on the season so far.
Quincy Peterson, Westlake (Jr.)
Last week at the Thor Girl Classic at Westlake High School, junior Quincy Peterson continued her strong start to the season posting a 4-0 record to claim the 130-pound title. Earlier this season she went 3-0 at the Wrestling Against Cancer duals also at Westlake.
Quincy is such a hard worker. She trains hard on the mat, in the gym, and in the classroom. We love her spunky personality and dedication to the sport, said Westlake coach Cody Burdett.
Last season as a sophomore Peterson finished third at the inaugural 6A girls state tournament at 124 pounds. So far this season she owns a 7-0 record as she looks to take the next step on the mat.
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Steward Health Care Week 17 high school star athletes of the week - Deseret News
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CBD.market Expands Shipping to Australia and U.S. Territories – Business Wire
Posted: at 5:41 am
SAN DIEGO--(BUSINESS WIRE)--CBD.market, an online CBD store, has expanded shipping of its CBD oil products to Puerto Rico, Guam and the U.S. Virgin Islands. In addition to opening up shipping for customers in these territories, the popular online CBD retail store is also offering international shipping to Australia for the first time. Customers shopping online with CBD.market can select their regions in the checkout screen to calculate shipping costs for their orders. CBD.market's growth comes as the CBD industry is on a fast track to growth on a global basis.
CBD.market customers shopping from newly introduced locations will enjoy the same fast, affordable and reliable shipping methods that existing CBD.market customers have been enjoying for years: https://cbd.market/shop.
All CBD.market orders are shipped via the United States Postal Service (USPS). CBD.market's shipping policies include:
"We go to great efforts to make sure that your order is processed very quickly once you have completed your order," shares CBD.market Head of Fulfillment, Pete Cerep. "However, due to extenuating circumstances (weather, holidays, and logistics), some shipments may take longer than others."
Cerep is dedicated to the idea of making premium, tested CBD products available to more customers due to the lack of availability of high quality, transparent CBD products in many parts of the world.
Customers purchasing online with CBD.market from the company's newest shipping locations will be able to take advantage of the sales and specials routinely offered by the company to save up to 50 percent off on many orders. The retailer's CBD rewards program offers customers options for earning points that can be redeemed for discounts.
About CBD.market
A leading CBD online retailer focused on elevating the CBD experience through a mix of customer education and access to premium CBD products from respected CBD manufacturers, CBD.market leads the way in offering third-party-tested, organic edibles, tinctures, capsules and more. CBD.market intends to carry over the crisp, transparent shipping policies that have already helped customers throughout the United States enjoy reliable CBD delivery at reasonable prices.
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CBD.market Expands Shipping to Australia and U.S. Territories - Business Wire
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Gal Gadots Wonder Woman 3 To Begin Production In 2023, Director Patty Jenkins Exits Cleopatra – koimoi
Posted: at 5:40 am
While Patty Jenkins Has Now Left Cleopatra, Wonder Woman 3 Is Still Not Expected To Go On Floors Before 2023 ( Photo Credit Wikipedia ; WW84 Poster )
There is of course a lot happening around the two most successful women in Hollywood including Gal Gadot and director Patty Jenkins. The two have given DC one of its most lucrative and successful franchise in Wonder Woman where Gal plays the leading lady Diana Prince. But while the third part in the trilogy is expected soon, it doesnt seem like it is happening anytime soon, reports say at least till 2023. Adding more shock to Jenkins kitty is that she had to drop out of Cleopatra, that also starred her muse Gadot.
If you are unaware, it was revealed this year itself that Gal is all set to play Cleopatra in a period drama that will feature her as the iconic Egyptian queen in a period drama. Amid all of that with the release of WW84, DC was quick to announce Wonder Woman 3 and Jenkins was back to work as her other film Star Wars: Rogue Squadron also met a uncertain delay due to creative differences.
But now the news says, Patty Jenkins has been replaced in Cleopatra and that doesnt mean things will move faster on Wonder Woman 3, since Gal Gadot is still super busy. Read on to know everything you should about the same.
Deadlines Justin Kroll took to his verified Twitter handle to share the news that Gadots Cleopatra will now be directed by Falcon And The Winter Soldier fame Kari Skogland and not Patty. He wrote, Falcon And The Winter Soldier director Kari Skogland to helm Paramount Pictures CLEOPATRA starring Gal Gadot as Patty Jenkins moves into producing role.
He went on to also reveal that now that Patty is free she will focus on Wonder Woman 3, but that does not mean that the film will go on floors before 2023 considering Gal Gadots busy schedule. Before moving to the above mentioned two movies, she has Disneys Snow White. One thing regarding Patty, while sources say Jenkins is expected to focus on development of WW3 now that she isnt directing this, shooting is not expected to start till 2023 on WW3 at earliest given Gadots busy shooting schedule in 2022 that includes SNOW WHITE, Kroll wrote.
So the wait is just extended. Stay tuned to Koimoi for more information about the same.
Must Read: Spider-Man Tom Holland Reveals He Knows The Real Buyer Of Avengers Tower, Zendaya Tries To Shut Him Up Before He Leaks It!
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‘Hannity’ on Fauci and Biden’s ‘failures’ – Fox News
Posted: at 5:40 am
This is a rush transcript from "Hannity" on December 2, 2021. Thiscopy may not be in its final form and may be updated.
SEAN HANNITY, FOX NEWS HOST: All right. Thank you. And more on Alec Baldwin crying a lot tonight. Tucker, thank you.
Welcome to HANNITY.
At this hour, we are tracking multiple breaking stories, yes, including Alec Baldwin's interview it just ended. He admittedly shot two people on a movie set killing one. He claims he never pulled the trigger and he cried an awful lot. Take a look.
(BEGIN VIDEO CLIP)
ALEC BALDWIN, ACTOR: She was someone who was loved by everyone who worked with and liked by everyone who worked with and admired -- I'm sorry.
(END VIDEO CLIP)
HANNITY: We'll have more on this straight ahead.
First, our count continues, sadly.
ANNOUNCER: Americans held hostage, behind enemy lines, day 110.
HANNITY: I know the media has turned the page. Joe Biden's turned the page. We will never turn the page. It's 110 days since Joe Biden abandoned, Americans in Afghanistan, military families, green card holders, our Afghan allies. It's 123 days since he promised he'd leave nobody behind.
Joe Biden lied to every American. Joe, you can still go rescue the Americans, the green cardholders, the military families that you abandoned. The ones you promised you wouldn't abandon.
Back home, Joe was barely able to form a cogent sentence. Today, during what can be only described as another rambling, bumbling, mumbling speech about COVID-19. The very frail looking Joe Biden struggled to speak at all and seemingly coughing up an entire lung in the process. Take a look.
(BEGIN VIDEO CLIP)
JOE BIDEN, PRESIDENT OF THE UNITED STATES: Without cutting corners on -- for safety, to get such vaccines renewed -- reviewed and renewed -- reviewed and approved if they're needed. And then get your booster shot when you're -- when you're eligible. Excuse me, we don't yet believe -- excuse me -- that additional measures will be needed.
I was just told. It's a question I got to ask. I've been meaning to ask for a long time, whether or not, not just it increases the -- the resistance to the variant that is being dealt with, but it also is -- it is stronger. It not only just raises the total but it's a stronger, makes things more powerful in terms of resisting.
(END VIDEO CLIP)
HANNITY: This is not funny. That's supposed to be the leader of the free world. He's clearly not well.
Yesterday, during another concerning moment, Joe Biden flat out lied about an important trip to Israel during the Six Day War. One problem we'll tell you about, but first watch this.
(BEGIN VIDEO CLIP)
BIDEN: I was saying to a couple of younger members of my staff before I came over, but the many times I've been to Israel, I said, not all of a sudden, I realized, god, you're getting old, Biden. I have known every -- every prime minister well since Golda Meir including Golda Meir.
And during, the Six Day War, I had an opportunity to -- she invited me to come over because I was going to be the liaison between she and the Egyptians about the Suez and so on and so forth.
(END VIDEO CLIP)
HANNITY: One big problem, none of that happened. Joe wasn't there. He wasn't even in the Senate. Instead at the time, he was getting really bad grades in law school.
But don't worry in between the lies, the bumbling, mumbling confusion and weakness, Joe Biden has COVID-19, he's got it all figured out -- earlier today announcing that the federal mass mandate on trains planes will be extended to the spring of 2022, also encouraging every American to wear a mask at all times indoors, before sauntering off stage mask-free.
Take a look.
(BEGIN VIDEO CLIP)
BIDEN: And we are extending the requirement both internationally and domestically to wear masks for travel on aircraft, trains, public transportation through the winter months. Thank you for your patience and listening to me. Thank you.
(APPLAUSE)
(END VIDEO CLIP)
HANNITY: And then make to make matters worse, Joe is now reportedly considering a vaccine mandate for domestic travel, but still preferential treatment exists for illegal immigrants that continues. No COVID testing, no vaccine mandates, and yes, free travel courtesy of you the taxpayer, to the state of their choice where illegal immigrants will receive free room and board and shelter and health care and free education.
This as Biden's current vaccine mandates are getting held up in court. But Joe doesn't care. He does whatever the flip-flopping Dr. Fauci tells him to do. He follows him blindly. It's almost as if an unelected, dishonest, life-long bureaucrat is now running the country. It's that bad. Take a look.
(BEGIN VIDEO CLIP)
BIDEN: Continuing to give me advice on uh developments as they occur. I've seen more of Dr. Fauci that I have my wife -- we kid each other. But they look, who's president? Fauci. But all kidding aside, I sincerely mean it.
(END VIDEO CLIP)
HANNITY: This is not good for our country. Dr. Fauci should not have any role in our federal government. He needs to be fired, needed to be fired a long time ago. He also needs to be investigated for lying to Congress. Fauci got literally every single solitary thing on COVID wrong. Everything, from the beginning. February 2020, he said that risk of COVID in the U.S. is minuscule. Yeah, he was wrong.
A few weeks later, he encouraged Americans to travel on cruise ships, saying no reason not to go. Once again, dead wrong, after nearly all of his models, projections, they were all wrong. And remember, two weeks to slow the spread, he was wrong again.
And let's not forget about his ever evolving positions on masks. First, it was, masks don't work. You know maybe, maybe stop a little bit. But it doesn't work. And it was one masks, then it was two masks, then it was mask indoors, not outdoors. Then it was vax or mask, then it was vax and mask, now, it's vax, mask, and booster and probably ten more boosters after that.
Now, first no vaccine mandate. Now, we support mandates. No one on earth has been more inconsistent on COVID-19 than America's so-called top expert Anthony flip-flop Fauci and it gets worse. Fauci also misled everyone in the country on the origins of COVID-19. Maybe that's because under his direction, it was his NIH that was funding the dangerous gain of function research at that Wuhan Institute of Virology prior to the outbreak. In fact, on October the 20th, his own NIH admitted that they funded a study at the Wuhan lab where, quote, spike proteins were tested from naturally occurring bat coronavirus -- coronaviruses circulating in China to see if they were capable of binding to a human being. That is by its very definition gain of function research. You paid for it.
But on May 11th, Fauci testified the NIH was not ever involved in funding gain of function research at the Wuhan Institute of Virology, not ever not at all. Dr. Fauci is a liar.
Now, who knows whether or not Anthony Fauci will ever get prosecuted. That only seems to happen to conservatives, or people that know Donald Trump, let alone even investigated for lying to Congress. Don't hold your breath.
But make no mistake, Anthony Fauci has to go. He needs to be fired today. He is dishonest, incompetent and he speculates widely and he's wrong often. And he spends more time as a political pundit on TV than an actual doctor, and more than anything he seems to love the limelight.
According to the conspiracy theorists at MSDNC, half the country no longer trusts Dr. Fauci because they want the pandemic to continue. What? What -- name one person that wants this Adam Schiff show to continue? take a look.
(BEGIN VIDEO CLIP)
UNIDENTIFIED MALE: If people follow Fauci, there's a likelihood of a chance that COVID will go away. And if COVID goes away, it's bad right now for Republicans. It's just the math on this, the political math on this is not hard to figure out.
UNIDETNTIFIED MALE: Yeah.
(END VIDEO CLIP)
HANNITY: High limit is just a completely unhinged idiot even for the network that features you know the tinfoil hat wearing Rachel Maddow who's going to get $30 million according to reports for one show a week. And Democratic operative Chucky Todd, he'll never be Tim Russert.
But let me be clear, I would not wish COVID on my worst enemy. I want everybody, whether you agree with me politically or not, if you're a liberal Democrat, if you're part of the progressive caucus, you hate me, you want me off the air, please be careful. I want you to live.
Make no mistake, every conservative that I know wants life to return to normal. No more lockdowns, no more draconian measures, no mandates, no masks, no lectures, no scolding. We're sick of it.
Now, here's a news flash for MSDNC: Americans don't like Anthony Fauci because he's horrible at his job and he's wrong constantly and the bar changes every hour of every day. If Biden really cared about reaching all Americans, he would replace Fauci with someone less toxic. That appears not to be happening.
Joe Biden is not a uniter. He's a cognitively struggling mess of a Democratic socialist Marxist from Delaware who is in way over his head and everybody knows it. So, now, he does whatever his far left advisers tell him to do.
Joining us now with reaction, Arkansas gubernatorial candidate Sarah Sanders, along with former White House chief of staff Reince Priebus.
Reince, we start with you tonight.
You -- you know, all that was made in the year 2020 and I've been playing Joe Biden, well, 220,000 Americans die, that person shouldn't be president. Well, 355,000 people have died under his watch since he's inaugurated and that's more people that died in all of 2020.
So, by his own definition, should he go?
REINCE PRIEBUS, FORMER WHITE HOUSE CHIEF OF STAFF: Well, he based his entire campaign, Sean, on the idea that he was going to resolve this entire COVID crisis and Trump didn't know what he was doing. His poll numbers are in the tank because he promised to solve COVID and he didn't. You know, we -- I would put so much money behind an ad with that clip of Biden saying that Fauci is the president. He's lost all credibility.
And it comes down to this -- Fauci is not the president. These doctors are there to supposedly advise the president. It's up to the president to lead. But here's the problem, Biden's base is nuts and they want all of us to be nuts, and they want us to lock down our lives with no information, lock down our kids lives at no information, the doctor that we're talking about -- I know people have been watching this today -- the doctor in South Africa that found this omicron variant has gone off on, in particular the U.K., about the fact that they're basing all of these quarantines on information that doesn't say that this Omicron violent variant is dangerous.
And her exact quote was, after saying that, she said no one here in South Africa is known to have been hospitalized with the Omicron variant nor is anyone here believed to have fallen severely ill with it. So, this guy has mismanaged everything.
HANNITY: You know, Sarah, it's sort of like follow the science but only when it's convenient. But it really was -- you know, we got to remember too and put this in perspective. Joe Biden was handed three vaccines, monoclonal antibodies as therapy. He only mentioned that once, and that was fairly recently because their fixation is one size fits all medicine, regardless of maybe rare conditions, regardless of natural immunity. And studies like the one in Israel that show that it was times more effective with the delta variant, it still needs to be peer-reviewed.
So all this was handed to him but and yet we have more dead Americans since Joe Biden's been inaugurated than we did in 2020. That speaks volumes to me.
SARAH SANDERS (R), ARKANSAS GUBERNATORIAL CANDIDATE: This is yet another failure by the Biden administration. Joe Biden may think it's funny to joke about Fauci being president and abdicating his power to him, to an unelected, lifelong bureaucrat, but there's nothing funny at all about it. The only person that might be able to screw things up more than Joe Biden is probably Dr. Fauci, and it is absolutely ridiculous, the mandates, the rules, the shutdowns. It's all about power and control concentrated in the hands of a few elites who frankly think they know more than the rest of us.
It's absolutely un-American and we have to have strong conservative leaders across this country standing up, pushing back, making sure we're defending our freedom and keeping this madness from continuing.
HANNITY: You know, Reince, I look at this and look at what Donald Trump did for New York in its worst moments. They weren't prepared. They didn't buy the ventilators their own health department recommended. He provided every ventilator, built 3,000-bed hospital, sent in a Navy hospital ship. It -- both these places, he even manned them, all the PPE, and they remained 80 percent empty. Why would they leave them empty these beds?
PRIEBUS: And not to mention the fact that he locked on the border and under this President Biden, you've got over 200,000 people a month that's pouring over the border and at the same time, you have Biden toying with the idea of a seven-day quarantine for domestic travel, which is going to further tank the economy. It's just an amazing decision that they're making to not care about the border, but to -- but then lock down Americans for traveling domestically over a virus that the doctor herself said --
(CROSSTALK)
HANNITY: Preferential treatment.
PRIEBUS: -- freaking out.
HANNITY: And then if illegal immigrants broke the law and they got separated had family separation, Joe wants to give him 450 grand. You can't make it up.
Sarah, thank you. Reince Priebus, thank you.
Now, tonight with Biden, failing on every level, Democrats are desperately searching for a win earlier today, what's known as the DCCC tweeted out this image with the caption "Thank you, Joe Biden".
If you look closely at this hilariously misleading pathetic graph, it shows gas prices have decreased a whopping two cents a gallon over the last week. Now, keep in mind, gas prices in reality are 42 percent up since Joe Biden took office. But those of you that fill up your gas tank already know that, and you know, you're paying a lot more to heat your home, and you're paying a lot more for everything you buy. But according to the DCCC, mission accomplished.
Meanwhile, pure chaos from the office of the vice president. In the past two weeks, two top advisors now have resigned, as reports continue to emerge about the toxic work environment created by Kamala Harris and her chief of staff. Vice President Harris doesn't have a care in the world because today she got behind the wheel of a large bus and started to sing. I'm not making it up.
(BEGIN VIDEO CLIP)
KAMALA HARRIS, VICE PRESIDENT OF THE UNITED STATES: The wheels on the bus go round and round.
(END VIDEO CLIP)
HANNITY: The wheels of the bus go round and round. Better than the laughing.
Here with reaction, someone who served in the Senate with Kamala Harris, Florida Senator Marco Rubio.
You know, Trafalgar, Robert Cahaly, had a poll yesterday. Biden at 36 percent, the last poll on Kamala, 28 percent. Can you think of a single thing they're doing, this administration that you would define as successful, Senator?
SEN. MARCO RUBIO (R-FL): Well, I mean, you know -- I mean, I was chuckling as I come on the air just seeing that image of the bus thing. I mean, it's almost sort of embarrassing (ph). You think about these guys are sitting in Beijing and China looking at us and saying, you know -- I mean, the United States, we're going to do very much. I mean, they're in the hands of people that are going to destroy it. We won't have to do anything.
And it's just -- it's an embarrassment really. And on issue after issue, and you -- as you came on the air, you were talking about the COVID restrictions and the things you're talking about, can you imagine, for example, them imposing a domestic vaccine requirement at airports? By the way, I mean, they would just be -- the whole country I think at that, they'd lose everybody on that.
Look, I'm vaccinated, I think I'm speaking out of turn, I believe most of the people on the air with you have been vaccinated. I think people should be. But you can't force people to do something they don't want.
And in fact, I know that there are some people out there that now don't want to get the booster because they're forcing them to do that sort of thing. It's counterproductive. That's the reality. They've messed up on every front.
COVID today continues to be --
HANNITY: Well, people don't know what to believe anymore, Senator, because they've been --
RUBIO: Yeah.
HANNITY: Every day, the bar changes. Every day, the rules changed. Every day, you know, the science, quote, changes. So, it's not really rooted in science.
I want to ask you about China and the unwillingness of Joe Biden to take on China, because you are willing to take on China. You did -- you stated it very emphatically today. You know, we know what's happening with Taiwan. We see the fighter jets flying in Taiwan airspace. We hear the talk of reunification, which is really the takeover of China.
But you took it a step further as it relates to the defense bill. Explain.
RUBIO: Well, first of all, we've been doing it for a while. Now, China has actually sanctioned me twice, and they've issued a travel ban against me, which is fine. I've had to cancel my vacation to Beijing.
HANNITY: It's a badge of honor, Senator.
RUBIO: Yeah, I know.
But here's the thing, okay, in China, we know, the world knows for a fact that in the Xinjiang province, they have factories filled with Uyghur Muslims who are working as slaves, they are forced to work there. And I'm going to tell you, Sean, all of us, every single one of us, is buying and has bought things that have been made by that that slave labor.
And I have a bill that basically says if you sell a product that's made in Xinjiang, you either have to prove it wasn't made by slaves or you can't import it into the United States. It passed unanimously out of the Senate. I'm trying to get it on this defense bill, and the Democrats are saying, well, there's a procedural problem with it.
There's no procedural problem with it. The problem is they don't want to pass it. The White House is against it. John Kerry is against it, and major American corporations are against it because they're making a lot of money with the free labor coming out of the Xinjiang province.
HANNITY: No, you're right on principle. The years -- it's going to be 2022, Senator. I agree completely.
Your Governor Ron DeSantis and you and Rick Scott have all taken a strong stance against mandates and lockdowns and draconian measures with COVID. Joe Biden only mentioned monoclonal antibodies once. In Florida, the governor set up the centers once we started having breakthrough cases with Delta.
RUBIO: Right.
HANNITY: And then Joe Biden rations it and, what, is punishing the people of Florida? Are you kidding me?
RUBIO: Yeah. No, that's exactly why he did it.
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'Hannity' on Fauci and Biden's 'failures' - Fox News
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Half a Billion in Bitcoin, Lost in the Dump – The New Yorker
Posted: at 5:39 am
As a systems engineer, he knew how to organize a project, and through the years he assembled an increasingly sophisticated strategy for finding the hard drive. He met with potential investors, and eventually made arrangements with two European businessmen who agreed to support a recovery operation. Howells would get only about a third of the proceeds. He had hoped for a much higher sum; the money was his, after all. He recalls being told, James, thats not how it works. He also consulted with companies that could perform targeted landfill removals. He became increasingly convinced that this was a realistic path. (They probably move more dirt in one season of Gold Rush: Alaska than would be required for this operation, he told me.) This past January, he obtained a letter from Ontrack testifying that the drive was likely recoverable, and, after the Newport dump manager whod explained to him the architecture of the landfill retired,Howells enlisted him as an expert.
Earlier this year, as the value of each bitcoin passed thirty-five thousand dollars, and Howellss holdings exceeded two hundred and eighty million dollars, he made a public offer to give Newport a twenty-five-per-cent cut of the proceeds, which could be earmarked for a COVID-19 relief fund. The city did not accept his offer. The attitude of the council does not compute, it just does not make sense, Howells complained to the Guardian. Across the Internet, commenters generally did not take a sympathetic view of Howellss situation. Your loss fool, a poster on the Web site WalesOnline declared. This is the ultimate definition of a Loser, another wrote, adding, Wondering how this guy even survived into adulthood.
For Howells, it was a particularly cruel twist that he could not get a serious meeting with Newport officials despite having become arguably the citys most famous resident. He had thought that he was striking a blow for the little guy by mining bitcoin; now it was clear that, in Newport at least, little guys still had no power. Its my own local team who are screwing me over! he told me. Its not bankers, its not somebody from a far distanceits the people Ive grown up with and lived with.
This past May, Howells finally was granted a Zoom meeting with two city officials, one of whom was responsible for Newports waste and sanitation services. She listened politely to his proposal to recover the bitcoin, at no cost to the city, but was not persuaded. As he recalls it, she informed him, You know, Mr.Howells, there is absolutely zero appetite for this project to go ahead within Newport City Council. When the meeting ended, she said that she would call him if the situation changed. Months of silence followed. (A spokesperson for the city council told me that the official permit for the site does not allow excavation work.)
Earlier this fall, I went to see Howells in Newport. We had been talking and texting for nearly a year, mostly on the messaging app Telegram. He had been by turns evasive and defensive, often coming across as an unyielding cyber libertarian. Tech shaped his world view. At one point, I asked him what he thought about the still novel COVID-19 vaccines. He replied, Something Ive learnt from IT world... dont ever get the first version. This past January, when online brokerage companies restricted trading in GameStop stock in order to limit its price rise, Howells wrote to me, It shows once and for all, in plain view of everyone watching, that the game (life) is completely and utterly rigged against the little guy. While we affably fenced, the value of a bitcoin rose to sixty-three thousand dollars in April, then slumped to thirty thousand dollars in July, then rose again.
On October 21st, the day I arrived in Newport, the value of a bitcoin had just hit a new peak: nearly sixty-seven thousand dollars. Howells met me by the train station, wearing jeans and a crisp sweatshirt from Lonsdale. He drives a twenty-year-old BMW convertible that he bought before his bitcoin days. He is small and fit, with a skin-fade haircut and a light-brown half beard. The over-all effect was of concision and capability.
Moments after we sat down in a coffee shop, he pulled out his phone and showed me an app that he uses to track his holdings. Under the rubric Unspent Coins was the current value of his bitcoin: $533,963,174. The previous day, he noted, hed made twenty million dollars. We had Welsh pancakes, and he paid with cash. He explained, Using credit cards is kind of enabling the opposition, if you see what I mean.
We next went on a tour of Newport, and he told me about the citys history of finding lost objects, a topic on which he was very well informed. As we drove across the River Usk, he mentioned that, in 2002, while the city was building a new arts center along its banks, workers had dug up a fifteenth-century Iberian sailing ship. The next day, we visited the local antiquities museum, where he showed me a cooking pot, likely belonging to a Roman soldier, that had been buried in a nearby field. From the shattered remains trickled a trail of coins. Howells compared them to his buried hard drive, then corrected himself: the coins were not like bitcoin at all. Sometimes, he explained, messengers and go-betweens had clipped off a bit of precious metal to repay themselves for the trouble of handling transactions. People stole from the coins, he said. The percentage of silver in Roman coins kept declining, setting off runaway inflation. Its similar to what the central banks are doing today, he said. The widespread use of bitcoin, he assured me, would prevent a similar economic collapse.
We went to the dump. It was a bucolic site between an estuary and docks where, many years ago, ships had been loaded with Welsh coal. Derricks stood idle. To get to the landfill, we had to drive past some city officesthe enemy, Howells joked. Newport felt rickety: faded signs on small businesses, empty land where factories had once stood. As he drove, Howells mused on why the local officials had refused to allow him to dig up his hoard. He theorized that the dump had not been following environmental regulations, and that unearthing a section of landfill could embarrass the city and make it vulnerable to lawsuits. Who knows how many dirty baby nappies are buried out there? he asked.
He drove to the area where he had estimated that his hard drive would likely be. We passed through an open gate and stopped in a paved lot. This large, empty space looked like it was destined for some sort of industrial development by the city, but Howells wanted it to serve first as the command headquarters for his excavation project. We got out. This plot of land is called B-21, he saida propitious number. How many bitcoins exist? Twenty-one million!
The sun was shining, an unusual occurrence in Wales in the fall. He pointed at an incline about a hundred feet away: at the top was a tufted hill with gauges inserted in it, to measure gas release. The total area we want to dig is two hundred and fifty metres by two hundred and fifty metres by fifteen metres deep, he told me, with excitement. Its forty thousand tons of waste. Its not impossible, is it?
After our visit to the dump, Howells invited me to his house, so that I could see a PowerPoint presentation hed delivered, on Zoom, to the Newport officials. His project, he told me, was budgeted at five million pounds, but there is scope for additional funding. He calculated that a crew of twenty-five could complete the job in nine months to a year. As he spoke, his dog, Ruby, ran back and forth at our feet. Before he showed me the slides, we went down the street to buy beer and crisps at the nearest convenience store. He had equipped the cashier to accept bitcoin a few years ago, but it had not proved a success. No one used it but me, Howells said, shrugging. He gave the proprietor two pounds, and a pound that he owed from an earlier visit.
We returned to his house. On a wall of the living room, above his computer, was a gold-and-black Bitcoin clock. Its hands were stopped. Howells checked his holdings. He was down twenty-two million dollars that day, but he was unperturbed. I expected this, he said. Whenever it shoots up so fast, you always have to expect it to come down a little. In fact, I expect it to come down a lot more.
He loaded the PowerPoint presentation and pulled up a slide titled Consortium Members. An avatar of Howells was at the center, with a pickaxe and a bag of gold. Another slide depicted a flowchart of the process by which his hard drive would be returned to him: dump trucks would carry items from the pit to a hopper, which would feed them onto a conveyor belt, from which the material would pass under a large 3-D object detection system to identify all hard drive objects for manual retrieval. The object detector was an X-ray machine outfitted with artificial-intelligence software. It can spot a gun inside a truck! Howells told me. All detritus would be loaded onto forty-ton trucks and then, according to Newports preference, would be reburied, incinerated, or sent to China.
I said that surely there was an easier way. The whole point of bitcoin was that it was immaterial. It was the eight thousand bitcoins that he was after, and they were the product of a computer algorithm. It was a matter of public record that someone owned them. Why not just run the system backward to the day that Howells mined his coins, and let him re-mine them?
Howells recoiled. My proposal reminded him, he said, of the worst moment in cryptocurrency history. In 2016, the managers of a competing cryptocurrency platform, Ethereum, agreed to restore the equivalent of sixty million dollars to one of the currencys holders, after the money was stolen through a vulnerability in the systems code. Howells had publicly disagreed with this decision at the timehe has been very active on crypto social-media sitesand when Ethereums holders split into two camps he sided with those who refused to acknowledge the rollback. Howells told me, with considerable passion, Just for the record, if somebody came along and said, We can get your five hundred million by doing it this way, Id say, No, thank you. Because if they can do it that way for my coins, then they can do it that way for anyones coins. And then, if the government asked them to seize someones coins, guess what? They could do that as well.
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Half a Billion in Bitcoin, Lost in the Dump - The New Yorker
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Jack Dorseys ditched Twitter for bitcoin. Has the social media bubble burst? – The Guardian
Posted: at 5:39 am
Jack Dorsey is resigning from Twitter to spend more time with his other company, Square. In some ways, the choice between Twitter and Square is a straight choice between political clout and profit. Square, a payments platform co-founded by Dorsey in 2009, is worth almost three times Twitters current value at about $97bn (73bn). But Square will never be credited with the equivalent of the Twitter revolution, or make headlines by banning a former president.
Venture capital is pouring money into cryptocurrencies and payment platforms. Twitter, by contrast, having only started to become profitable since 2018, has always been more notable for its political impact than its commercial pull. However, Twitter, like the wider social industry of which it is a part, may be experiencing the limits of its growth. In terms of commercial reach, Twitter is no competition for industry giants such as Facebook, YouTube, WhatsApp, Instagram and TikTok, which each have well over a billion users. But even Facebook and Instagram are slowing down.
Generation Z is turning off the major platforms. Downloads of Facebook and Instagram have been declining, according to a Bank of America report published in 2019. Both Twitter and Facebook have been losing ground with businesses due to this demographic shift in demand. By capitalising on the rise of video-sharing, TikTok has captured a much younger audience than Facebook or Twitter. Some businesses are also abandoning social media entirely, from fashion house Bottega Veneta, to Tesla, Lush and JD Wetherspoon.
It makes sense that investors are looking for the next big thing from tech, and that social media bosses would be searching for ways to profit from the cryptocurrency bubble. Before he left, Dorsey had been trying to expand Twitter into offering crypto-based payments and non-fungible token services. His replacement as CEO, Parag Agrawal, was tasked with developing Twitters crypto strategy, and it seems likely that Twitter will continue to plough that field.
Twitter is not the only social media firm attempting to exploit such opportunities. Facebooks parent company, Meta, has been trying to launch a cryptocurrency that could be sent worldwide via Facebook products, so far to no avail. This move makes more sense for a platform like Facebook, given that it has always offered a patchwork of services, such as video, photo, fan pages, gaming, buying and selling, and so on, compared with Twitters straightforward microblogging service.
However, this isnt just about profitability. It is about the economic power of belief. Dorsey is also a cryptocurrency fanatic. A particular champion of bitcoin, he claims it will one day unite a deeply divided country behind it, and eventually become the worlds single currency. Square accepts payments on its cash app from bitcoin, but no other cryptocurrency. Recently, Square released a white paper for a decentralised bitcoin exchange platform that would appear to freeze out competing cryptocurrencies.
Dorsey is also a doom-monger about fiat currencies those issued by governments. Hyperinflation, he oracularly warns, is going to change everything. Its happening. This is baseless. Recent inflationary pressures due to the increased costs of production and transit caused by Covid and extreme weather patterns are real. But there is no hyperinflation in the global economy. Given Dorseys profile and potential impact on investors, it could be considered a reckless thing to say; but it also reflects the strange ideology of all bitcoin enthusiasts.
According to its devotees, bitcoin is a deflationary force that routes around the inefficiencies and tyrannies of central banks and fiat currencies. It is deflationary because it is designed to mimic the supply of a real-world commodity, gold. This means that the number of coins that it is possible to mine is restricted: the supply will eventually hit a ceiling with 21m bitcoins. So even though, as the Peoples Bank of China recently noted, the digital coin is not backed up by any real value, it operates as its own virtual gold standard. Moreover, bitcoins apologists say, decentralised blockchain technology cuts out all middle men, a principle that can be deployed in gaming, finance and social networks. It makes transactions cheaper and faster and keeps efficient records without the oversight of a big state.
The advantage of this upstart libertarian ideology is that it chimes directly with the commercial interests of bitcoin investors. Currently, one bitcoin will trade for 42,973. But it wouldnt be worth a dime if enough investors hadnt decided to treat it as though it were gold. It is a hyperstition: a fiction that makes itself true because enough people believe in it. All currencies rely on what Michel de Certeau called a secret network of believers. We all must believe, not only in the value of the currency we exchange, but that others believe in it too. We look to a higher power, typically the central bank, to guarantee this belief. In the case of cryptocurrencies, the tech itself is supposed to eliminate the need for all these elaborate systems. This is typical of the California ideology, which blends the values of the libertarian right with the countercultural ethos of some of the internets pioneers.
Yet, far from driving any great disruption, the value of cryptocurrencies is mainly a byproduct of developments in fiat currencies. The latter benefited from a glut of spare investment capital caused by the institutionalisation of quantitative easing. The crypto boom since Covid has therefore been made possible by central banks sending money supply through the roof. Ironically, the cryptocurrencies have benefited from precisely the sort of central bank policies that the libertarian right tends to complain about.
Dorseys belief in a single global cryptocurrency is not likely to happen. And, as the economist Yanis Varoufakis has pointed out, it would actually be disastrous if bitcoin did replace fiat currencies. The bitcoin community would have no incentive to expand the money supply in the event of a crisis. That scenario would benefit the rich holders of the coin, such as tech monopolists, investment bankers and energy oligarchs, while wrecking the lives of everyone else.
Nonetheless, we would be fools to underestimate belief backed up by spare investment capital. Since at least 2017, when a bitcoin was trading at less than $1,000 (750), there have been a glut of articles explaining why the bitcoin bubble is unsustainable. But, far from falling apart, it continues to surge. Even after Elon Musk dropped the coin earlier this year, and China banned traders from offering bitcoin prices, its tradeable value climbed. The total value of cryptocurrencies today is close to $3tn. With Amazon looking to accept payment in bitcoins, there is space for further growth. Dorseys messianic belief in the power of crypto will probably be rewarded with profit for some time, in a way that the hype around Twitter never was.
If we underestimate the economic value of belief, we will underestimate how large the bubble can grow.
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Jack Dorseys ditched Twitter for bitcoin. Has the social media bubble burst? - The Guardian
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