Lowyat.NET: Latest topics by Malaysian Psycho

Ta-ku

Thu, 01 Jan 1970 07:30:00 +0800

i love poo poo

Malaysian Psycho — Sat, 29 May 2021 22:51:30 +0800

butt hole poo poo

Malaysian Psycho — Wed, 26 May 2021 22:28:33 +0800

the tail end

Malaysian Psycho — Wed, 26 May 2021 22:26:43 +0800

[YOUTUBE]JXeJANDKwDc[/YOUTUBE]

Wrapping your mind around your life is pretty hard, because you are up to your neck in it. It's like trying to understand the ocean while learning how to swim. On most days you are busy just keeping your head above water. So it is not easy to figure out what to do with your life and how to spend your time.

There are a million distractions. Your family, friends and romantic partners, boring work, and exciting projects. Video games to play and books to read. And then there is your couch that somebody needs to lie on. It’s easy to get lost. So let us take a step back and take a look at your life from the outside.

Sources & further reading:
https://sites.google.com/view/sources-tailend/

Apple vs Facebook - The Great Privacy Fight

Malaysian Psycho — Mon, 03 May 2021 14:58:30 +0800

[YOUTUBE]G-pAwZTFCKI[/YOUTUBE]

How to Transform Yourself in Solitude

Malaysian Psycho — Mon, 19 Apr 2021 16:04:21 +0800

[YOUTUBE]GYkFvaYeRno[/YOUTUBE]

Hermits, regardless of why they’ve chosen their lifestyles, may have closed themselves off from one world; they’ve gained another: a world that’s potentially much deeper and fulfilling. It’s no surprise that hermits have appeared in many cultures in human history. Another example are the Christian desert mothers like Syncletica of Alexandria who abandoned the city and spent the rest of her life in a crypt. Or Hindu philosopher Ramana Maharshi who meditated for many years at a temple, and Rabbi Yosef Yozel Horowitz who spent years of his life in seclusion.

But even though a stronger connection with God and the prospect of enlightenment are the grounds on which these hermits secluded themselves; there’s also a more mundane reason why spending time alone can be beneficial: it’s an opportunity for self-transformation.
Being alone can be a transformative experience if we utilize it correctly; which is backed up by numerous accounts in the field of psychology (see links in the description) as well as philosophy and spiritual teachings like Buddhism.

Now, this video doesn’t recommend becoming a hermit nor socially isolated in ways that are unhealthy and destructive, or gives any ‘advice’ for that matter. Solitude is a tool, which can be used for good and bad, in moderation and excess, and this video explores the benefits that solitude can have. The information presented to you is mainly based on the author’s reasoning and observations, supported by different sources. Video: How to transform yourself in solitude, and useful ways to spend time alone.

The Great Economic Revolution Is Approaching...

Malaysian Psycho — Mon, 19 Apr 2021 13:16:13 +0800

[YOUTUBE]QKO1F11dy5g[/YOUTUBE]

Last year during the economic collapse, several economic events happened. The stock market crashed, unemployment rates hit record levels, and it seemed like every business you could think of was on the brink of bankruptcy. And if these events weren’t bad enough,

...quietly, in the background...something else was happening. Something that we haven’t seen in hundreds of years...an event that could very well change the fabric of our society, culture, and global economy, like we have never seen before...

France in the early 1700’s was the most populated and richest country in europe. And over the following 7 decades, things went pretty well. Mortality rates were declining, GDP continuously increased, Education and literacy skyrocketed, Industrialization was being implemented into the country, and trade with countries like italy and spain, increased by more than 900% during that time.

On its surface, this all seemed great, but in reality, nearly one third of the population of france was living in poverty. And to make things worse, almost the entirety of the middle class was struggling by the year 1770. And those 2 issues, combined with a compilation of government debt, and some burdensome tax policies, led to a new idea.

You see, France at the time had 3 classes of people. You had the clergy, the nobles, and then...everyone else who were largely the middle class and peasants. In fact, 98% of the entire population was in this third class, yet nearly all of the benefits of the current economy went to the nobles and the clergy.

For example, the nobles and the clergy only composed 2% of the population yet had 2 thirds of the say in government. Also, the nobles and the clergy did not have to pay any taxes at all despite them being extremely wealthy.

All this meant was that even though france as a whole country experienced prosperity over the previous 7 to 8 decades, the prosperity really only went to those who were the richest and most powerful people in their society.

And this all came to a head in the late 1700’s when France experienced a big problem. Several years of poor harvests from their farmland led to many people in france going hungry. But, the nobles, the king, and the clergy all seemed to be well fed and were able to pay higher prices and outbid the peasants for food. That, along with the kings inability to collect ample amounts of taxes, and overprinting of the french currency, forced King louis the 16th to call upon all three classes of citizens to get together and figure out a solution.

The third class of citizens wanted the wealthy to pay taxes, and for the government to cut spending. The king mainly just wanted money and to maintain government spending. And the nobles and clergy wanted to not only avoid all taxes, but wanted even more economic benefits from the economic system. And so, it was after this assembly of the king and 3 classes that led to one of the most important moments in the history of the western world.

You see, after the average, hungry, and poor citizens realized that the entire downside of the taxation and economic system was on them, yet they saw little to none of the upside, they decided to revolt and create their own system from scratch, without the nobles or the clergy.

So, the citizens created a revolution, they began rebelling at sites like Bastille, and soon abolished things like feudal rights, Tithes, and unequal taxation of peasants and nobles. They eventually went on to reform their system multiple times, stating that laws and policies come from people, not kings or gods...and should apply to everyone equally.

Now, even though the french revolution may not have been as successful as some may think, some say it went too far, others say not far enough...it is important to know this.

During a crisis, average people were hit the hardest and the elite of society experienced almost no downside. The unfair taxation system where the wealthiest paid the least amount in taxes also created an unsettled middle class. The compilation of government debt, The devaluing of currency, The exclusion of the lower class from political positions of power, And the view of rampant inequality between the super rich, and the poor...all of these things led to a complete transformation of society. Does any of this sound familiar to you?

Binance BNB Burn (CZ to out-do the Coinbase IPO?)

Malaysian Psycho — Thu, 15 Apr 2021 12:45:40 +0800

[YOUTUBE]ZQsBrA7DWNQ[/YOUTUBE]

BINANCE BNB BURN (CZ to out-do the Coinbase IPO?)
After a huge first quarter in 2021 the BNB burn event is set to be a big one!
I have a feeling that CZ has a trick or two up his sleeve and we will see a headline token burn of epic proportion.

Burn Info: https://www.binance.com/en/blog/42149982468...nsights-from-CZ

0:00 Coinbase IPO Sparks Crypto Rally
0:46 Market overview
1:11 COIN $100B
2:01 CZ Twitter Dig
2:53 BNB Burn Timing is Everything
3:44 Burn Accelerator
5:22 $1000+ is programmed
6:55 APY 24% Autofarm
7:38 APY 26% Pancake Bunny
8:27 Your thoughts on BNB?

Do we Need Nuclear Energy to Stop Climate Change?

Malaysian Psycho — Thu, 15 Apr 2021 12:41:46 +0800

[YOUTUBE]EhAemz1v7dQ[/YOUTUBE]

Do we need nuclear energy to stop climate change? More and more voices from science, environmental activists and the press have been saying so in recent years – but this comes as a shock to those who are fighting against nuclear energy and the problems that come with it. So who is right? Well - it is complicated.

Sources & further reading:
https://sites.google.com/view/sourcesclimatenuclear/

Hyperinflation is Already Here

Malaysian Psycho — Mon, 12 Apr 2021 11:37:44 +0800

[YOUTUBE]1HmGLV46L60[/YOUTUBE]

Hyperinflation has been a doomsday scenario for modern economies throughout the last century. In all of these failed countries (Zimbabwe, Venezuela, Hungary, Yugoslavia, etc.) there have been uniform warning signs, the same signs that we are starting to see today in the U.S.

The Great Surge of Everything Is Coming...

Malaysian Psycho — Mon, 12 Apr 2021 11:35:37 +0800

[YOUTUBE]YcI09uh6wxA[/YOUTUBE]

What country do you think has had the fastest growing stock market in the world over the last12 months?

Is it the united states? Well thats a good guess, as the stock market has seen gains of more than 50% in the last 12 months, which is about 41% more than normal.

How about china? Well, the shanghai composite index has done well, growing by over 25% in the last 12 months, which is about 20% higher than its normal year.

Or what about Japan? Well, they’ve seen their stock market grow by about 50% over the last 12 months, which is about 45% higher than normal.

Yet...despite all of these countries having record amounts of growth in their own stock markets, they all pale in comparison to that of zimbabwe.

You see, if you had invested in the Zimbabwe Industrial index 12 months ago, you would have seen a return, of an astounding 481%.

As you can see, zimbabwe is crushing its competition, and maybe this might be signalling that something disturbing is happenings with every stock market around the world

Well, you see...just over a decade ago, zimbabwe was going through one of the worst episodes of hyperinflation in history. This was when they had a peak inflation of 89.7 sextillion percent per year. And that was just a smidge high to say the very least.

So, the country adopted new currency standards by 2009, and then soon after, zimbabwe actually had a fairly fast growing economy. For the next 4 years, it averaged 15% GDP growth per year, which was then followed by a much slower but steady growth rate of about 3% per year up until 2018.

But then in 2019, Zimbabwe entered a recession after a drought and ensuing famine hit the country, followed by the government attempting to reform its currency once again. And so the country was in an economic panic. So, it decided to use a tactic that it thought would help keep asset prices afloat, and prevent a complete economic collapse. It decided to print more money. In fact, by january of 2020, 70% of zimbabwe’s dollars had been created within the previous 12 months.

This injection of currency did help keep zimbabwe’s markets afloat, but what it really did was devalue the currency itself.

And just a few months later, the pandemic hit. This forced zimbabwe to create even more currency to prevent the collapse of its economy, and as of today, more than 93% of all dollars in zimbabwe, were created within the last 24 months.

And so, what this really did was devalue the currency in zimbabwe, which artificially sent prices of everything to insanely high levels.

So, in fact, the reason why zimbabwe’s stock market has sky rocketed in the last year has not bene because the companies or the economy has been doing well, but its because the government chose to artificially devalue its own currency, in order to prevent a market collapse. So in a sense, the gains seen Zimbabwe’s stock market are really just from increasing the money supply.

But I wonder where they got this idea from.

Its October 19th, 1987, Wall Street is seeing the stock market crash at a level not seen since the first days of the great depression. The market drops 20% in a single day, and the population becomes worried that this could be the start of a new great depression.

But Alan Greenspan, the head of the federal reserve, had an idea. Instead of letting the banks and investors fail, he decided to indirectly bail out some of these banks, by injecting liquidity and currency into the markets.

The was called the greenspan put.

Essentially for the first time, what he did was bail out the banks and provide investor confidence, by increasing the money supply in the markets. Sound familiar?

Now, in 1987, this ended up stopped the panic on wall street, and even though it would take 2 years before the stock market recovered from this single day of trading, an economic collapse did not happen and the banks did not fail.

But, unknowingly, what this also did was signal to the banks and population, that any sort of downturn in an economy or market was bad, and that we should only see perpetual growth forever.

So over the next decade, banks started taking more risks, investors started using margin a lot more, and many average every day people began investing into the stock market.

What is HAPI?

Malaysian Psycho — Fri, 09 Apr 2021 19:36:02 +0800

[YOUTUBE]Pkgo9PKh330[/YOUTUBE]

What is Hapi? To answer that let’s first start with the problem. With most DeFi projects, it often takes a lot of work and effort to make it launch successfully. Once the project launches, the team won’t be able to have too much influence on the project. And this is where unforeseen events can happen leading to disasters. Cybersecurity risks are one of the biggest risks that can occur in the DeFi space. These risks can easily occur in the blockchain, oracles, and API. So what can we do to mitigate these risks…?

Size Matters: True Scale of World Tallest Building

Malaysian Psycho — Thu, 08 Apr 2021 20:51:07 +0800

[YOUTUBE]yhD_RYF76-4[/YOUTUBE]

Full story here - https://www.theb1m.com/video/size-matters-t...llest-buildings

The Scariest Economic Experiment In History

Malaysian Psycho — Thu, 08 Apr 2021 20:13:09 +0800

[YOUTUBE]ddgxidI-X74[/YOUTUBE]

Many countries around the world have, on paper...seemingly recovered from the economic collapse that occurred last year.
Unemployment rates are getting closer to normal, the number of business bankruptcies has hit a 2 year low, and the stock market is at an all time high?

On the surface, this seems great. But in reality, we are actually going through the biggest and scariest economic experiment in history. An experiment which could help bring us into a golden age of a new kind of economy...or it could bring us into a new dark age that the world has never seen before.

In the 7th century in China, copper coins were used as the main currency for chinese merchants. But these merchants at the time, began running into a problem.
You see, these coins were quite heavy and many of them could be used for a single transaction, which was quite inconvenient for carrying around a city.
So to combat this problem, Chinese merchants came up with the idea. What if they just deposited these heavy coins with a person or business, and received a piece of paper called, a promissory note, or banknote, in return? That way merchants would not have to carry around large amounts of heavy coins all day, and they can be safely stored at a single location.

And thus the primitive form of paper money was born, and was implemented throughout the currency system in China.

After a few centuries of using this type of currency system, the Chinese government noticed something strange.You see, a copper shortage caused the government to issue more of these promissory notes and less copper coins.
And during this time, the government saw a massive boost to its economy, allowing for the government to spend more on things like military and infrastructure.

So, they ran an economic experiment that would become very important to what we are experiencing today.

The chinese government declared that their new form of paper currency, was considered a public monopoly owned by the government. This allowed the ancient chinese government to completely control its own currency.

And for a couple hundred years, the governments ability to print money on command, and control inflation, worked well. But little did they know, a global threat was emerging out of central asia, that would change the course of history.

A man named Temujin had recently united the Mongol Tribes in the year 1206, and then became known as Genghis Khan. He soon launched the largest military conquest in human history, with his successors eventually taking over China and forming the yuan dynasty in 1271.

During the Yuan Dynasty, the newly formed Chinese/Mongol government wanted to keep spending government money to further fund their conquests. But instead of limiting their spending, or worrying about their government debt, they decided to just manufacture more and more paper money, in order to fund their military campaigns. They figured that because they were the government and had a public monopoly on its currency, they could do whatever they wanted with little or no repercussions. So they essentially revamped their paper money, turned it into the worlds first fiat currency, and started running their empire on a completely new economic theory.

And for a little while it worked.

But after years war in Japan, Vietnam, Burma, and Java, and years of ignoring debt and inflation, the economy of the Yuan Dynasty began to collapse.

Inflation rose to 80% in the early 1300’s, their was a severe debt crisis, the population became impoverished within the span of about 5 years, and the governments theory on how printing money could solve their economic problems came crashing down.

And it was this economic downfall combined with the governments inability to help its people after several natural disasters, that led to the collapse of the yuan dynasty in 1370.

And that brings us to today. You see, as we all know, governments around the world have compiled record levels of debt in order to keep their economies afloat during the pandemic. They have also printed money at not only record levels, but levels that are comparable to that of the yuan dynasty in the early 1300’s.

Satoshi Nakamoto and the Civil-War Within Bitcoin

Malaysian Psycho — Thu, 08 Apr 2021 20:10:17 +0800

[YOUTUBE]iYn6EQDqTkU[/YOUTUBE]

Why The NFT Market Is Not As Crazy As You Think

Malaysian Psycho — Wed, 31 Mar 2021 14:01:07 +0800

[YOUTUBE]UpXCUEOcyNs[/YOUTUBE]

Nyan Cat, a video of LeBron James dunking, and a tweet by Jack Dorsey. These all have one thing in common (and no, it’s not because they were sold in recent months for millions of dollars, contrary to what you may have heard).

What actually happened was the unique digital signatures of these three pieces of media were sold-off to a new breed of 21st-century collectors; bringing massive attention to these Non-Fungible Tokens (or NFTs).

Overwhelmingly, the astronomical prices some NFT sales have fetched have attracted ridicule by outside observers. Perhaps understandably so, considering some are spending Lamborghini money on a Nyan Pop-Tart cat GIF that you anyone watch for free online.

But is it really all that ridiculous?

In this video, we’ll explore the potential NFTs hold and why these laughable prices may not be so absurd after all.

#NFT #MarketBubble #HypeTrain

Where Did Bitcoin Come From? – The True Story

Malaysian Psycho — Tue, 30 Mar 2021 16:09:17 +0800

[YOUTUBE]W15A7Lf0_fI[/YOUTUBE]

Why Are Modern Supply Chain So Needlessly Complex?

Malaysian Psycho — Fri, 19 Mar 2021 12:09:13 +0800

[YOUTUBE]DxELVyTyrtw[/YOUTUBE]

How do companies come up with their intricate supply chains?

Why are some of these supply chains so convoluted where others are extremely straightforward?

Will the severe restrictions put on international shipping during the fallout of the coronavirus make companies rethink how far they extend their supply lines?

$69M for a JPEG File - The Wild World of NFT's

Malaysian Psycho — Mon, 15 Mar 2021 18:15:26 +0800

[YOUTUBE]x3nmAX3gAlw[/YOUTUBE]

Chinese app Meitu buys $40M worth of Btc & Eth

Malaysian Psycho — Tue, 09 Mar 2021 01:01:15 +0800

https://www.cnbc.com/2021/03/08/crypto-chin...d-ethereum.html

KEY POINTS

- Meitu, a Chinese company that makes a photo editing app, bought $22.1 million worth of ether and $17.9 million worth of bitcoin on Mar. 5.
- Meitu follows the likes of Tesla and Square in purchasing bitcoin. But the Chinese appmaker appears to be the first major company to buy ether, a cryptocurrency that works on the Ethereum blockchain.
- The company said cryptocurrencies provide “diversification to holding cash” and said it could launch blockchain-based apps.

Meitu, a Chinese company that makes a photo editing app, has purchased bitcoin and ether, becoming the latest firm to buy cryptocurrencies.

The Hong Kong-listed company said on Sunday it bought $22.1 million worth of ether and $17.9 million worth of bitcoin on March 5.

Meitu follows the likes of electric car company Tesla and Square in purchasing bitcoin. But the Chinese appmaker appears to be the first major company to buy ether, a cryptocurrency that works on the ethereum blockchain.

Bitcoin is based on its own blockchain, the technology that underpins it.

Ethereum is a completely different network. It’s an open-source blockchain that allows developers to build apps on top of it. The cryptocurrency ether can be used to pay or interact with services built on top of the ethereum network. These are often called decentralized applications or dApps.

Meitu said in a statement that “blockchain technology has the potential to disrupt both existing financial and technology industries, similar to the manner in which mobile internet has disrupted the PC internet and many other offline industries.”

“The Board believes cryptocurrencies have ample room for appreciation in value and by allocating part of its treasury in cryptocurrencies can also serve as a diversification to holding cash (which is subject to depreciation pressure due to aggressive increases in money supply by central banks globally) in treasury management,” Meitu said.

The move demonstrates to investors that Meitu “has the vision and determination to embrace technological evolution, and hence preparing its foray into the blockchain industry,” Meitu said.

Shares of Meitu were 3.3% higher at 1:44 p.m. Hong Kong time after popping over 14% earlier in the day.

Meitu noted that cryptocurrency prices are “still highly volatile.”

The company said it is “evaluating the feasibility of integrating blockchain technologies to its various overseas businesses” including potentially launching ethereum-based apps or investing into other blockchain businesses.