BC POLITICS
Saved by @ThomassRichards

1/18 How Flare makes you richer by encouraging participation in the network, making it better over time.

(Video version @ https://t.co/KffCtIVVlo)

A thread. 👇

 2/18 Imagine you lived in a country with a really high inflation rate, say 10%. That would be awful wouldn't it? Every year your money would be worth 10% less, so you'd have to hustle to earn at least 10% more each year just to break even.
3/18 But what if this country paid you to vote? Every month there was some kind of election, and if you participated by voting, you would get paid. Participating in all of the elections was enough to not only offset the 10% inflation, but get you a bit more buying power.
4/18 That's a pretty cool way to encourage people's participation in the democracy, right? But it wouldn't necessarily make the country better. A lot of people would probably just vote for anybody so they could get the reward and go home.
5/18 But what if the reward only went to the people who voted for the people that were most likely the best candidates? The people who got the most votes in the end are (democratically speaking) the best, and if you voted for one of THOSE people you'd get the reward.
6/18 That would encourage people to research the candidates to see who had the best/most popular ideas and platforms. If everyone learned about the merits of each candidate (or lack thereof), the citizenry would be much better informed. Huge benefit!
7/18 The people who just randomly vote for somebody risk not getting the reward, so ignorance and apathy are disincentivized. Imagine how much political FUD would be avoided if everyone was paid to be well informed? You can't trick informed people with FUD so easily.
8/18 This imaginary country is the Flare Network! Flare has an Oracle system, the inflation element of the network. Oracles are third-party services that provide smart contracts with external information. They serve as bridges between blockchains and the outside world.
9/18 Blockchains/smart contracts can't access off-chain data, but Oracles can, and they provide that data to Flare. Spark (FLR) holders contribute votes/data for a price (either themselves or by delegating their vote to a 3rd party).
10/18 For instance, the FLR/XRP price is voted on by Spark holders. That's an important price because it dictates the amount of collateral that's held against the XRP contract, so determining the right price for it is crucial to its success.
11/18 The Oracle system is the heart of Flare, and it's inflationary. The inflation is 10% per year. Inflation wasn't required (unlike with POW/POS), but the Flare team saw the inflation as a way to encourage user participation that gives the network utility.
12/18 If you vote for a fair price (near the center of all votes), you get rewarded. If you're greedy and vote too high (trying to get more $ for your Spark), or too low (trying to make it cheaper for yourself to buy with your XRP), you won't get the reward.
13/18 If you consistently cast poor votes your value gets inflated away due to the lack of rewards. While the reasonable people in the middle are earning more Spark, your Spark level doesn't change, therefore losing value as more Spark gets distributed.
14/18 The idea is that Flare expects people to participate w/votes, and it weeds out bad actors by inflating away their Spark value. It's a slow process, but over time it rewards the good and takes away from the bad, improving the network quality.
15/18 Whereas Bitcoin has a fixed supply (21 million max), encouraging HOLDing without providing utility, Flare says you're a citizen of the network, and if you want to maintain your standing/citizenship, you need to bring utility to Flare by voting and providing Oracle data.
16/18 When I first read about Flare's inflation rate of 10%, I thought it was terrible b/c it would dilute the value of each Spark token year after year. Once I understood what the inflation was used for, however, I realized how truly brilliant the idea really is.
17/18 SUMMARY: Flare's inflation rate is 10%/yr. You earn Spark by voting on prices. The more Spark you have, the more votes you get. Voting for reasonable prices gets you a reward. This process weeds out bad actors by inflating away their value over time. It's brilliant.
18/18 STRONGLY RECOMMENDED: Watch the excellent interview of @HugoPhilion (CEO of @FlareNetworks) by @Santiag78758327. https://t.co/99UUH2m1wa
👀☝️🙏 @xrp_mami @RuleXRP @MackAttackXRP @CryptoBull2020 @Kevin_Cage_ @XRP_OWL_ @XRPNews_ @2020Xrp @RoseXRP @CredibleCrypto @XRPcryptowolf @BankXRP @XRPNurse @DualityXrp @MoonLamboio @WorkingMoneyCH @BakkupBradley @sentosumosaba @Santiag78758327 @jungleincxrp
More XRP/crypto explainer threads. https://t.co/4DikZmD84I
See my explainer threads as videos on my YouTube channel. https://t.co/Twb95p83gE

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The Irish Border
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- Yes, Border
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- Just standing here
- I see that. And I don’t mind, but it’s just that you said you were Leaving
- I am
- ... two years ago. And you’ve been standing there since then
- Doing nothing
- Doing, as you say, nothing
- I’m Leaving
- Ok, Jim

- Still here so, Jim?
- I am, Border
- But you’re still ...
- Leaving. 100%. Leaving.
- Do you not feel like a bit a prick, Jim, you know saying you’re Leaving but then
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- That’s it, Jim
- I’m Leaving
- Ok, Jim

- Jim
- Yes, Border
- Have you thought about how to Leave?
- In what way?
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- You’re being difficult now. I’m Leaving
- Ok, Jim

- Border
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- This is quite boring, isn’t it?
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- Oh aye. Went to school round here. Quiet lad
- ...
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- Still Leaving, Border
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- The weather
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The Democrats are at least two parties. The progressive wing of the party (which is by no means unified) and the finance wing of the party, which is also the party leadership.

1/

During the leadership race, the progressive wing was represented by @SenSanders and @SenWarren; the former wants to minimize the role of markets in our lives, the latter wants to redeem markets by regulating them. It's a distinction with a difference, but I donated to both.

2/

Both wings of the party have prominent representatives in Congress; Sandersism are most visibly associated with @AOC (whom I donated to) and Warrenism is embodied by @RepKatiePorter (likewise), who was also one of Warren's law school proteges.

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Porter is a force of nature. She is infamous - and celebrated - for her brutal, no-holds-barred questioning of both corporate and administration witnesses, using a white-board to pin them down and eviscerating any attempts at bullshittery.

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This isn't just about getting facts into the record (though, she is SO GOOD at getting facts into the record!), it's also about effecting change, like when she single-handedly cornered the CDC's chief into guaranteeing universal, free covid
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(THREAD) Pre-election Russia collusion may take down Trump. It's equally possible the Trumps' pre- and post-election collusion with Saudi Arabia, the UAE, and Israel will do it—a course of collusion also connected to the Kremlin. I explain here. I hope you'll read on and retweet.


1/ I must stress how unbelievably complex the "Grand Bargain" theory of the Trump-Russia case is—a different thing from saying it's not substantiated. It's substantiated in *almost every single particular*—it just *also* happens to be very confusing. Not byzantine—just confusing.

2/ The basics: Saudi Arabia, Israel, and the UAE all view Iran as their chief regional enemy. Iran is propped up by Russia. Therefore the Saudis, Israelis, and Emiratis all need a US government willing to find a way to get the Kremlin to *stop* supporting Iran in the Middle East.

3/ The best way to get Russia to stop supporting Iran—or reduce support—was/is to drop all sanctions on Russia over its 2014 annexation of Crimea, as that'd be worth *trillions* to the Kremlin over the next decade. Everyone knew that Clinton wouldn't do this—and that Trump would.

4/ Per the NYT, on August 3, 2016, Donald Trump Jr. met secretly at Trump Tower with a Saudi and Emirati emissary, George Nader, as well as an Israeli intelligence expert, Joel Zamel, with *significant* ties to both Israeli intelligence *and* Russian oligarchs allied with Putin.
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Ibn Arsalan - \u0627\u0628\u0646 \u0627\u0631\u0633\u0644\u0627\u0646
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THREAD

My country is dying

Drowning in the blood of poor

My country is dying

Under the pretenses of a cure

The children of my people are starving in a corner

With their mother dressed in black, playing the role of a mourner

My country is dying, and yet no one cares

1/5


Because the tragedy that happened was yet to be theirs

My country is dying because of its people

Those who turn the other cheek when they witness evil

Acts of defiance resulted in death

Do not defy the king called Macbeth

For he knows no rules, no law to abide

2/5


And his wish remains to conquer and divide

His puppets, they dance to the rhythm of the gun

For they do not care who they shoot, a daughter or a son

It is not in their interest to care for the people

Not the old, nor the young, the fit or the cripple

3/5


This is not a stranger who lays dead on your feet

It is your brother, a comrade, a statistic on repeat

My country is dying and it's begging for help

From its children, the people, to look out for themselves

My country is dying and it's only a matter of time

4/5


Before your life will worth nothing, not even a dime.

And now your country is dying, so why don't you care?

When your home remains here, and not elsewhere.

5/5
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