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There’s a recurring misunderstanding/misinterpretation of public procurement numbers/costs, that does no one any good. If there’s going to be a debate let it at least be based on facts/reality not conjecture, not knee-jerk responses.

Another #thread 🙃

A few days ago I complained about a bad piece by @GuardianNigeria, in which they were busied themselves dividing distance by cost and then proceeding to make wild comparisons between rail projects. While also getting cost wrong in some cases.


The nuances of procurement, whether public or private sector, can hardly be accurately conveyed in your typical news headline, especially when headlines are driven mostly by virality ambitions. Always good to try and understand full picture before jumping to conclusions.

Important point: It’s very necessary for citizens to be able to assess public procurement projects for transparency & cost-efficiency. So I’m not saying don’t ask questions. Far from it. I’m simply saying all assessments MUST be based on a full picture, not headlines / conjecture

Take example of Super Tucanos. You’d read somewhere that Nigeria signed an almost $600m deal with the US Govt for 12 aircraft. Guess what our papers will do 😂

They’ll do their typical ‘dividing’ and say Nigeria paid $50m per aircraft. (The plane is not that expensive btw).
Thank you so much to the incredible @gregjenner and his team for having me on "You're Dead to Me" and to @kaekurd for being so hilarious and bringing Gilgamesh the restaurant into my life!

Here’s a thread of some of the stuff referenced in the podcast for those interested


First of all, what even is cuneiform?

It’s a writing system from the ancient Middle East, used to write several languages like Sumerian and Akkadian. Cuneiform signs can stand for whole words or syllables. Here’s a little primer of its evolution
https://t.co/7CVjLCHwkS


What kinds of texts was cuneiform used to write?

Initially, accounting records and lists.

Eventually, literature, astronomy, medicine, maps, architectural plans, omens, letters, contracts, law collections, and more.


Texts from the Library of Ashurbanipal, who ruled the ancient Assyrian empire when it was at its largest in the 7th century BCE, represent many of the genres of cuneiform texts and scholarship.

Here’s a short intro to the library via @opencuneiform https://t.co/wjnaxpMRrC


The Library of Ashurbanipal has a complicated modern and ancient history, which you can read about in this brilliant (and open access) book by Prof @Eleanor_Robson
The #Bitcoin fundamentals of four generations of inflation, entitlements, and regulations are separate and apart from #Bitcoin the technological innovation. If we had sound money there would be little demand for Bitcoin. (1/13)


The notion that gold futures hold down the physical gold price or subjects the gold price to long-term manipulation is a canard. CME gold futures deliveries are settled with warrants meeting exact specifications met by approved refineries, carriers, and warehouses which (2/13)

ensures the integrity of delivery apart from the exchange. https://t.co/CpV1OBSsAT One need look no further than the 1980 Hunt Silver fiasco which illustrates how deliverable futures contracts provide for the discovery of an untapped silver supply resting in people's homes.(3/13)

Not so for Bitcoin. The CME Bakkt Bitcoin contract is for Bakkt Bitcoin. It is not Bitcoin. Bakkt Bitcoin is a cash-settled monthly futures contract. While the Bakkt Bitcoin has geographically storage of private keys, they are not your private keys. (4/13)


Not your keys, not your bitcoin. The Bitcoin Warehouse is an internal ledger The internal ledger operates separate and apart from the Bitcoin blockchain. The only interaction with the public blockchain is during the deposit of bitcoin into the Bakkt Warehouse and the (5/13)
As the DeFi bull market continues, some brutally honest tips for new founders fundraising in crypto.

👇


1/ The discount you offer to strategic investors is both to account for the risk of an unlaunched product, but also as compensation for continued value add and support.

So make sure you know the investor will support you and not leave you on read once the docs are signed!

2/ Having someone on your cap table/ token allocation is as important as hiring.

You wouldn't hire someone just because they are influencers on Twitter- you do your reference checks and find evidence of value add from other companies the investor has invested in.

3/ Don't trust, verify.

Many investors will promise you the world when they're trying to get on your cap table.

Talk to founders they backed to see how much of it is bullshit. Ask them about how the investor was there for them during hard times.

4/ Don't just go for "name brand" funds because you want the brand.

Sure, it's great validation, but optimize for fit, not vanity.

However, I do think many well-known VCs are good actors, especially those with roots in successful trad VCs. They have a rep for a reason!
Thread: In the early hours of yesterday morning (22nd Jan. 2021) #Syria|n State Media confirmed that SAA Air Defense was engaging "hostile targets" over Syria. The early reports indicated multiple explosions across Damascus, Hama, Tartus and Safita region.

This appeared at the time to be a rather large, wide scale airstrike. After the event was over questions begun to be raised by a lot of observers focusing on Syria and the ME about the event. Latter that day news started to circulate confirming that Unknown Missile pieces had...

been found in #Jordan and near Al-Qadmus, #Syria, a wide area, later in the day, S-200 pieces near Damascus were found and also a Pantsir-S1 booster near Masyaf. It was weird, and I know I wasn't the only one that was thinking it was odd for all this AD to be "all over the place"


nothing was confirmed. As always I started several discussions with people I trust/sources who have some knowledge in certain things I don't have first hand, after a lot of back/forth and with the horrible news that civilians were killed in this strike (I'll come back to this)

in Kazo, Hama this would be the main AOI, at least we could confirm something had happened. Images begun to circulate regards to the remains of some munition, noted as a GBU39 SDB (Small Diameter Bomb). The #IDF has an array of munition it can use.