This is a thread about how Australia has become the battleground for a power struggle between governments and Big Tech, as explained in today’s Download newsletter. https://t.co/BJ7uxYhoIl

Australians woke up on Thursday to Facebook timelines devoid of any news.
Faced with the option of either paying to link back to publishers to comply with an incoming Australian law, or entirely pulling the plug on hosting news, it chose the latter.
As it stands, Facebook users in Australia can't use the platform to see or share content from any news outlets anywhere in the world, and no one can post links to Australian publishers, wherever they are.
Users say government websites like fire services and meteorology departments have been caught up in the ban too, most likely due to issues with the machine learning
system Facebook uses to enforce it.

https://t.co/03E4wNy3tp

https://t.co/VamKEewZPH
Users and officials in Australia reacted furiously, with the country's prime minister, @ScottMorrisonMP, describing Facebook's actions "as arrogant as they were disappointing" and insisting "we will not be intimidated by Big Tech." https://t.co/q1Fxa7ZSdI
Why? Lawmakers are in the final stages of passing a proposed new Media Bargaining law. The law would require the tech platforms to have to pay publishers to host their content. If they couldn’t agree a price, Australia would create an arbitration panel which would set one.
Google has taken the opposite approach to Facebook, and has cut numerous deals with publishers in Australia, including @newscorpaus, to ensure it can comply with the law if it passes, and continue linking to their services. https://t.co/UQSXclYQMt
What's next? Australia has essentially become the latest battleground for the years-long fight between governments, publishers, and Big Tech.
Facebook's move is a big, ugly power flex, but Australia's law seems pretty crude and unattractive too. https://t.co/TYOv2nhzUm
Facebook’s move doesn't require publishers to plough any of the money they receive into journalists' salaries or original reporting, and could help to further entrench Australia's already highly concentrated media market.
In short, the current situation is unsustainable and undesirable for everyone.
Australia’s Treasurer @JoshFrydenberg is in talks with Facebook's CEO Mark Zuckerberg, and the pressure is on for them to come up with a better solution.
(1/2) Here's some additional reading via @platformer and @CaseyNewton: https://t.co/lrZ4TKaPC1
(2/2) As well as the @nytimes: https://t.co/v6MS6F7YKH
This analysis was originally written by @charlottejee for The Download newsletter, your daily dose of what’s up in emerging technology. You can read today’s edition here: https://t.co/BJ7uxYhoIl
Want to receive The Download in your inbox every weekday. SIGN UP here (it’s free): https://t.co/X5uDXExwrd

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12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.

Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)


Bactesting results of Open Drive


2. Two Price Action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as


Example of PDC/PDH Setup given
So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.