
Sign up to save your podcasts
Or


We discuss this new term "dedollarization" that had been popping up in media. How does money drive global politics and vice versa and how global force are now challenging the status quo of since the fall of the Berlin Wall.
__________________
Cover image: stablediffusion
Show Notes:
How many countries are talking about dedollarization?
https://foreignpolicy.com/2023/04/24/brics-currency-end-dollar-dominance-united-states-russia-china/
What is dedollarization?
Who is talking about it and what are they saying?
Why are some countries excited about it? Punitive US sanctions programs.
How is this related to crypto and bitcoin?
How is this related to access to finance?
Is it likely to succeed?
What are going to be the impact?
Situation Jan 2023 - https://www.bloomberg.com/opinion/articles/2023-01-26/the-dollar-will-vanquish-pretenders-to-its-throne#xj4y7vzkg?leadSource=uverify wall
https://www.omfif.org/2023/01/central-banks-are-reassessing-foreign-exchange-reserves/
Brazil and China agree to settle in yuan https://www.scmp.com/economy/china-economy/article/3215857/chinas-yuan-makes-brazilian-inroads-de-dollarisation-reflects-cracks-us-currency-settlements
https://www.washingtonpost.com/opinions/2023/03/24/us-dollar-strength-russia-china/
https://markets.businessinsider.com/news/currencies/dollar-dominance-dedollarization-china-yuan-trade-russia-sanctions-ray-dalio-2023-4
https://www.economist.com/leaders/2023/04/27/the-power-and-the-limits-of-the-american-dollar
How USD became global reserve currency - Bretton Woods Agreement - https://www.investopedia.com/articles/forex-currencies/092316/how-us-dollar-became-worlds-reserve-currency.asp
https://www.bloomberg.com/news/articles/2023-04-18/de-dollarization-is-happening-at-a-stunning-pace-jen-says?leadSource=uverify wall
Google Trends: https://trends.google.com/trends/explore?date=all&q=dedollarization,petro-yuan,petrodollar&hl=en
Russia selects list of countries to trade in rouble: https://www.dhakatribune.com/bangladesh/foreign-affairs/326130/bangladesh-among-30-countries-approved-to-trade-in
We discuss the latest developments in the search for life outside - developments from Mexico as well as new discoveries by the JWST Telescope.
______________
Show Notes:
Alien life signs - https://www.youtube.com/watch?v=iC95VzD7ALs
https://www.youtube.com/watch?v=7OGUU-yVryk
Mexico Congress
https://www.reuters.com/world/americas/mexican-congress-holds-hearing-ufos-featuring-purported-alien-bodies-2023-09-13/
We dive deeper into the content Jimmy Dore discusses including differing points of view on Vax, War and Politics? Is this comedy, is this funny? Is this more harmful than good, or is it good?
________________
Show Notes - Here is Jimmy Dore's positioning:
"Jimmy Dore is outrageous and outraged, bothersome and bothered, a crucial, profane, passionate voice for progressives and freethinkers in 21st century America.” - Patton Oswalt Jimmy Dore is a certified Youtube sensation with over ONE MILLION subscribers and over 600 million views. Jimmy is also an award winning comedian with several Comedy Central Specials including “Citizen Jimmy” which was chosen “Best Of The Year” by iTunes & Punchline magazine. Jimmy’s newest role is that of a political commentator and activist who isn’t afraid to challenge establishment narratives and speak truth to power. His authenticity and commitment to truth has earned him an incredibly diverse fan base of loyal viewers who are drawn to his quick wit and finely tuned BS detector. He uses his platform to bridge political divides in an attempt to bring Americans of different political persuasions together against empire. In addition to covering some of the most important topics of our day, he also uses his influence to advocate for issues that matter to him including free speech, press freedom, and Julian Assange."
We went to a Jimmy Dore comedy show, and we discuss the political divide and the role of media - both new and old. We discuss the different bubbles that exist because of difference in sources of information and the erosion in trust of mainstream media.
________________
Show Notes - Here is Jimmy Dore's positioning:
"Jimmy Dore is outrageous and outraged, bothersome and bothered, a crucial, profane, passionate voice for progressives and freethinkers in 21st century America.” - Patton Oswalt Jimmy Dore is a certified Youtube sensation with over ONE MILLION subscribers and over 600 million views. Jimmy is also an award winning comedian with several Comedy Central Specials including “Citizen Jimmy” which was chosen “Best Of The Year” by iTunes & Punchline magazine. Jimmy’s newest role is that of a political commentator and activist who isn’t afraid to challenge establishment narratives and speak truth to power. His authenticity and commitment to truth has earned him an incredibly diverse fan base of loyal viewers who are drawn to his quick wit and finely tuned BS detector. He uses his platform to bridge political divides in an attempt to bring Americans of different political persuasions together against empire. In addition to covering some of the most important topics of our day, he also uses his influence to advocate for issues that matter to him including free speech, press freedom, and Julian Assange."
Are they amongst us?
Do you believe in aliens?
https://www.dailymail.co.uk/news/article-12175195/Crashed-UFO-recovered-military-distorted-space-time.html
Whistleblowers starting to accuse US Government of covering up alien craft
Historical whistleblowers: https://www.thestar.com/news/canada/2020/09/24/bob-lazar-and-ufos-a-reading-and-watching-list.html
What about other countries? https://www.scmp.com/news/china/science/article/3136078/china-military-uses-ai-track-rapidly-increasing-ufos
The Drake Equation is a mathematical formula that attempts to estimate the number of extraterrestrial civilizations that exist in our galaxy capable of communicating with us. The equation was developed by astronomer Frank Drake in 1961, during a scientific meeting at the Green Bank Observatory in West Virginia.
The equation is written as follows:
N = R* x fp x ne x fl x fi x fc x L
where:
N = the number of communicative civilizations in our galaxy
R* = the rate of star formation in our galaxy
fp = the fraction of stars that have planets
ne = the average number of planets that can potentially support life per star with planets
fl = the fraction of potentially habitable planets that actually develop life
fi = the fraction of planets with life that develop intelligent civilizations
fc = the fraction of intelligent civilizations that develop technology capable of communicating across interstellar distances
L = the length of time for which communicative civilizations release detectable signals into space.
While the Drake Equation is highly speculative, it has been influential in the field of astrobiology and the search for extraterrestrial intelligence. It is often used as a framework for thinking about the factors that influence the evolution of life and intelligence on other worlds, and the likelihood of detecting extraterrestrial signals.
Major developments in the following points
fp = the fraction of stars that have planets
Discovery of planets
Methods used
New tools
ne = the average number of planets that can potentially support life per star with planets
Planets in habitable zone
Planets with water
Presence of water in solar system
The extremes in which life can survive
fl = the fraction of potentially habitable planets that actually develop life
What is biologically life? https://www.quantamagazine.org/what-is-life-its-vast-diversity-defies-easy-definition-20210309/
https://www.quantamagazine.org/what-is-an-individual-biology-seeks-clues-in-information-theory-20200716/
Amino acid and rna discoveries in space
How binary systems behave and interact due to physics
Science behind alien presence?
On the surface, appears to be a simple passing of torch in a superhero family. But on closer look, multiple overlapping heroes' journeys emerge.
In continuation from our last topic we explore storytelling structures and formats through the lens film making and share our experiences about the Ant-Man and the Wasp: Quantumania as well as Guardians of the Galaxy Vol. 3 (2023).
Heroes journey - https://www.masterclass.com/articles/writing-101-what-is-the-heros-journey
Save the cat - https://savethecat.com/
Challenge of consistently producing quality content.
Have you heard of systematically approaching thinking -
While intuition can provide a hunch or spark that starts you down a particular path, it's through data that you verify, understand, and quantify. - https://online.hbs.edu/blog/post/data-driven-decision-making
It is by sorting through data and framing it within the context of our goals, expected outcomes, the internal materials and essence and the environment and it’s factors that we get insights.
https://www.knapsack.cloud/blog/pattern-based-thinking
How it can help us: (2 -3 min)
consistent model for comparing technology and social impact
save time by allowing for faster content production
provide with visual show notes framing the discussion
act as a tie breaker
however, cannot be the sole mechanism
and needs to be evolved
Experience visiting Finland and coming in contact with “Systematic Approach to Innovative Thinking”. TRIZ, which stands for "Theory of Inventive Problem Solving" in Russian (Teoriya Resheniya Izobretatelskikh Zadach), is a problem-solving methodology and toolkit developed by Genrich Altshuller.
Story of https://en.wikipedia.org/wiki/Genrikh_Altshuller-
Luhmann’s Zettelkasten method
Domain Driven Design
https://martinfowler.com/bliki/DomainDrivenDesign.html
https://learn.microsoft.com/en-us/archive/msdn-magazine/2009/february/best-practice-an-introduction-to-domain-driven-design
https://miro.com/templates/lean-canvas/
https://online.hbs.edu/blog/post/what-is-value-chain-analysis#:~:text=What%20Is%20Value%20Chain%20Analysis,your%20final%20product%20or%20service.
https://www.smartinsights.com/digital-marketing-strategy/customer-segmentation-targeting/segmentation-targeting-and-positioning/
https://www.smashingmagazine.com/2014/08/a-closer-look-at-personas-part-1/#:~:text=A%20persona%20is%20a%20way,from%20observations%20of%20many%20people.
Social Impact Assessment (SIA)
Triple Bottom Line (TBL)
Benefit-Cost Analysis (BCA)
Social Return on Investment
https://en.wikipedia.org/wiki/Utilitarian_rule among all possible alternatives, society should pick the alternative which maximizes the sum of the utilities of all individuals in society
What are important parameters or lens’s we want to understand the world from?
Principles of Triz:
Other important systemetic approaches in technology
Product - lean canvas
Marketing - Segmentation Targeting Position
Society and Brand - AIDA, Archtypes
We talk about strategic voting and participation in Ontario and Canada.
We talk about the pitfalls of the current voting system.
We talk about what has been explored as alternatives.
We talk about what we want from a good election system.
______________________
Show Notes:
Strategic voting
Toronto Star[143] endorsed the NDP, Liberals, and Greens, and encouraged Ontarians to vote strategically to prevent a PC majority
https://www.thestar.com/opinion/editorials/2022/05/27/ontario-voters-should-back-progressive-parties-to-avoid-a-second-ford-majority.html (op-ed)
None of the choices are perfect, but for us the best option is to get behind the Liberal party in ridings where they are the main alternative to the PCs (including most of those in and around Toronto and in Ottawa). In ridings where the election is a two-way contest between the PCs and New Democrats, we recommend supporting the NDP.
https://the-peak.ca/2021/09/strategic-voting-is-an-outdated-way-to-use-your-vote/
Strategic voting is harmful because parties like the Green Party or the New Democratic Party (NDP) often lose support as people fear they’re wasting their vote by choosing them. This may resonate with young voters who have viewpoints which align more with these parties, but feel as though they shouldn’t vote for them as they won’t get elected anyway.
There are only two major parties and voting for others is almost always a waste. https://en.wikipedia.org/wiki/Duverger%27s_law
Duverger's law holds that single-ballot majoritarian elections with single-member districts (such as first past the post) tend to favor a two-party system.
Voters are disconnected from issues and feel like they are wasting their vote.
Leads to lower turnout:
https://en.wikipedia.org/wiki/2022_Ontario_general_election
The election set a record for the lowest voter turnout in an Ontario provincial election, as only 43.53% of the people who were eligible voted. This broke the previous record for low turnout of 48.2% in the 2011 election.
Forces parties to become more centrist and compromise on core issues to appeal to the ‘broad centre’ voters.
High voter turnout
Low rate of ballot spoilage
Fast turnaround of results (ideally same day)
Transparency and auditability of the polls
Representation of issues rather than personalities
Cheap and easy to implement
https://www.cbc.ca/news/politics/ask-electoral-reform-2021-federal-election-1.6163972
Major parties generally not very committed to electoral reform but there is still great interest among citizens:
…Canadians from across the country have emailed CBC News to express their frustration with an elections system they say still doesn't properly reflect how people vote.
Conservatives likely to oppose.
Do nothing
Approval voting https://electionscience.org/approval-voting-101/
Ranked ballot (instant runoff voting, IRV) https://www.cbc.ca/news/canada/london/ranked-ballots-london-history-1.6450544
But by all accounts, London pulled it off well enough to inspire voters in other municipalities — including Kingston and Cambridge — to follow its lead and give ranked ballots a try in the next municipal election. …"The election went well," said Graham about London's 2018 vote. "We heard lots of positive comments during the election about people wanting to have more choice and more say."…When the Ford government moved to nix ranked ballots, officials said it was to save municipalities money and ensure voting systems were consistent across the province.
https://www.nationalobserver.com/2020/09/18/analysis/what-happened-when-ontarios-london-voted-using-ranked-ballots
Encouraged diverse candidates to run, other municipalities to hold referendums but was more complex and expensive, and ultimately scrapped.
Citizens' Assembly: https://www.ourcommons.ca/members/en/110476/motions/12180488
We don’t want to end up with American style two major party system and no real choice.
What is a good outcome of an electoral system?What can be done?
We discuss the UBI.
We compare it to other solutions developed for banking the unbanked in south asia.
We talk about what we can learn and apply for the western banking system.
___________________
Show Notes:
https://www.nytimes.com/2023/03/01/business/india-digital-payments-upi.html?smtyp=cur&smid=tw-nytimes
You can instantly pay a roadside vendor for a Rs. 10 cup of tea using a free government-provided phone app just by scanning a QR code. This is revolutionizing commerce in India–both online and offline.
Pakistan easypaisa: https://easypaisa.com.pk/
Telenor EasyPaisa is a mobile banking service in Pakistan - financial services through their mobile phones
Launched in 2009
The service allows users to deposit and withdraw cash, send and receive money, pay bills, and purchase mobile phone credit using their mobile phones.
Operates through a network of over 130,000 agents, who act as intermediaries between the customers and the banking system. These agents are mostly small shopkeepers
the unbanked population of Pakistan, which is estimated to be around 100 million
There were around 61.3 million active mobile banking users in the country as of June 2021, and Telenor EasyPaisa had a market share of around 21.6%
Bangladesh: mobile banking, microfinance
Microfinance refers to the provision of small loans and other financial services to low-income individuals who do not have access to traditional banking services. It is often seen as a tool for poverty reduction and financial inclusion
pioneered by Muhammad Yunus, a Bangladeshi economist and banker who founded Grameen Bank in 1983
bKash, a mobile banking service launched in 2011, has become one of the largest mobile banking services in the world, with over 45 million registered users and a network of over 240,000 agents as of 2021. bKash allows users to deposit and withdraw cash, send and receive money, and pay bills using their mobile phones
Canada: Interac
Interac is a Canadian payment network that provides electronic payment solutions for consumers and businesses. While Interac has made it easier for people to make digital payments and transfers in Canada, it may not directly help bank the unbanked population
Interac requires users to have a bank account or a credit union account to use their services
In Canada, the term "unbanked" refers to individuals who do not have a bank account or access to basic banking services. The latest data on the unbanked population in Canada comes from a survey conducted by Statistics Canada in 2019. According to the survey, an estimated 1.6 million Canadians aged 15 years and older were unbanked, representing about 5.3% of the population.
In addition to the unbanked population, there are also individuals who are "underbanked", meaning they have a bank account but still rely on alternative financial services such as payday loans and check cashing services. According to a report by the Financial Consumer Agency of Canada, about 1 in 10 Canadians are underbanked.
US: Venmo, Cashapp
Venmo and Cash App require users to have a bank account or a debit card to use their services
Venmo and Cash App have introduced features that may help improve financial inclusion in the United States. For example, Cash App allows users to sign up for a Cash Card, which is a prepaid debit card that can be used to make purchases and withdraw cash from ATMs. Similarly, Venmo has introduced a debit card that allows users to spend their Venmo balance at merchants that accept Mastercard
We put Yawar on the spot.
We talk about the programming landscape - where and why we coding is needed.
We look discuss top languages to learn on your tech journey.
We discuss the impact of AI on coding.
________________
Show notes:
What are the most famous/popular programming languages (top 5).
https://redmonk.com/sogrady/2022/10/20/language-rankings-6-22/
What makes different programming languages successful and what do they accomplish. What industries and typical use cases.
Listener should walk away with understanding of what languages to learn for their goals (e.g. data science).
What will coding do → what language
Front-end and design -
back-end and performance
application, apis’s, environments and infrastructure
What are apis - https://www.redhat.com/en/topics/api/what-are-application-programming-interfaces “APIs let your product or service communicate with other products and services without having to know how they’re implemented.”
Rise of Python - https://www.megatrend.com/en/the-rise-of-the-python-programming-language/
Used for data science, robotics, web app development, web scrapping
Python won the title of programming language of the year for the fifth time
Python allows for easy programming directly on the cloud - https://www.statista.com/statistics/1238877/top-cloud-platforms-for-python-developers/
Google Sheets and scripting - https://developers.google.com/apps-script/guides/sheets
Write your own functions
Pull and manipulate data easily using scripts on the web
No Code platforms - https://www.techtarget.com/searchsoftwarequality/definition/no-code
Using ChatGpt to Code (syntax over vs setup vs logic/strategy)
ChatGpt and code
Challenges in setting up production level environments
Selecting a language
From the publisher's feed