Nexinter launch as the first profit sharing fiat-crypto and custodian exchange in the world.
Today, Nexinter, the digital fiat-crypto and custodian exchange, has announced that it will be the first profit sharing digital exchange in the world. 75% of the Nexinter’s profits from any operation or revenue stream on the platform will be returned to the community in a reward system.
There will be two components that determine the reward to the community: time and volume. The time reward component will be active in 2020, and the more days an individual is active on the Nexinter Exchange, the higher the reward, thus benefiting early adopters. From 2020, the reward volume will come into effect. 60% of the profits generated will be rewards to users based on their volume pro rata. This will not depend on when they signed up but the volume the individual has generated on the platform throughout the year. After 2020, the whole 75% of the profits will be committed to the Volume Reward Fund as the Time Reward Component ends.
Daniele Mensi, CEO of Nexthash Group, commented: ‘This announcement is a huge step forward for us, the market, and the global financial arena. With more institutional and retail investors becoming disenfranchised by the current reward systems, we are introducing a new way of conducting sustainable business whilst rewarding the community, that is the main controbutor of growth. We hope other actors, particularly in the traditional and fintech space, learn from our lead and work together with us to provide an inclusive environment for all. The paradigm shift we are introducing is to reward the community regardless of their performance towards markets, that is a key driver of a brand-new sustainable open growth.”
Nexinter has lately launched their fully compliant NIXT growth token on top of bitcoin cash network to drive truly engagement interactions with its community and has lately announced the structuring of digital securities offering for their clients.
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According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power.
Decentralized finance project Makerdao is responsible for creating the cryptocurrency-backed stablecoin called dai. Initially, the project used ETH as a form of collateral in order to issue dai but the project revealed that in the future a variety of other digital assets could be used. Announced at the Devcon 5 conference in Osaka, MCD will bring new features like the dai savings rate (DSR) and a collateralized debt position (CDP) will be known as a “vault.” Collateral types first evaluated include coins like augur (REP), digixdao (DGD), golem (GNT), omisego (OMG), ether (ETH), and 0x (ZRX). This means that there will be two types of coins produced by the community: single collateral dai (what dai is today) will be called ‘sai,’ while MCD created coins will be called dai.
In March, news.Bitcoin.com took an in-depth look at the Ethereum-based Makerdao and dai stablecoin. The report explained that a CDP now known as a vault required 150% of the loan amount in dai that’s paid for with ETH. Moreover, there’s a stability fee (interest rate) that accrues during the life of dai loans. Since the project’s launch, the coin has maintained a fairly stable existence despite a few hiccups along the way. In mid-April, the Makerdao community voted multiple times to raise the stability fee because dai tokens were struggling to hold the $1 peg. The issues upset dai borrowers when the stability fee skyrocketed from 0.5% to 19.5%. The interest rate increases had also made dai’s price jump above the $1 peg and many exchanges saw dai sold for more than $1.05 per coin.
On October 28, Daniel Onggunhao, a software engineer at Binance, revealed that the dai stability fee was reduced to 5.5%. “A single whale (with 97% of voting power) made the decision — Went from 2,489 votes a few hours ago, to 44,539 votes,” Onggunhao tweeted. “I say this normatively, as neither good nor bad. In a perfect world, it’d be great if we had a distributed voter pool for a move this big.” Onggunhao added:
The pragmatic reality is that as an early stage, hard-to-understand technology, decision making tends to naturally centralize.
A number of cryptocurrency community members discussed the whale vote after Onggunhao’s tweet. Binance founder Changpeng Zhao (CZ) was quick to quip: “Welcome to ‘decentralization,’ where anything is possible, and not under anyone’s control, even some re-centralization.” Not everyone thought the ‘re-centralization’ concept was a good idea for Makerdao’s claimed ‘decentralized’ governance system. “Stake-based systems [Proof-of-Stake (PoS)] centralise much faster than alternatives because there’s no maintenance cost, and in the early stages, bulk stake acquisition is always going to be easier than buying hardware in any real quantity,” Monero’s Riccardo Spagni replied during the conversation.
One person disagreed with Onggunhao’s initial tweet and said that he didn’t think there was a “single ‘whale’ with 97% voting power.” “There could be a voter that represents 97% of this particular vote — This is still an issue, but it’s about governance not control.” Onggunhao agreed and further stressed:
That’s true, I apologize for dashing off the tweet. I also made an error in the amount (94.7% instead of 97%).
The Makerdao project has been a favorite among the cryptocurrency community because the stablecoin dais are backed by digital currency and a decentralized autonomous organization. The stablecoin is not without its critics, and the Maker protocol is still a very young network. However, with added coins stemming from the MCD launch and Maker’s stability fee reduction, it’s likely the dai ecosystem will grow much larger. At present, roughly 2.2% of all the ETH in existence is locked into the Maker system.
What do you think about the Makerdao project’s latest MCD announcement and the recent vote to drop the stability fee? Let us know what you think about this subject in the comments section below.
Image credits: Shutterstock, Makerdao, Dai, Medium, Daniel Onggunhao, and Pixabay.
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Today, NextHash and Bitcoin.com have entered a technical partnership to design and structure the NIXT utility token.
NIXT token is being listed in its fully operational exchange Nexinter on top of Bitcoin Cash, using the Simple Ledger Protocol (SLP) framework. The Simple Ledger Protocol whitepaper was published last July and the project launched in August 2018.
NIXT token is being launched as part of the ongoing IEO by Nexinter, that is a global digital trading Exchange that belongs to NextHash Group. NIXT token holders will receive the immediate utility to trade digital assets at discounted fees, get a branded debit card and more importantly they will be able to participate in private placements of Digital Security Offerings.
Private placement of digital securities, is the early step for investors to buy a new category of digital asset called “tokenised stocks” at the best possible market price before trading occurs. Throughout the Nexinter IEO, anybody that holds NIXT token will be allowed to join at early stage into Tokenised stock offerings. Only KYC and AML are required, because compliance is of utmost importance at NextHash and Nexinter.
Bitcoin Cash token-issuers greatly benefit from SLP because the token system does not interfere with the BCH chain’s consensus rules. SLP tokens and their transactions have metadata attached to them, which gives greater data transparency and verification.
As part of the partnership, Roger Ver, Executive Chairman and Founder of Bitcoin.com and industry expert, has agreed to join the Advisory Board of Nexinter to oversee and facilitate the launch of the NIXT utility token on top of Bitcoin Cash.
Daniele Mensi, CEO of Nexthash, commented on the partnership: “We are very excited to partner with Bitcoin.com, being among the first to leverage the great potential of SLP-based token because our priority is to pave brand new avenues of customer interactions being focused on compliance and transparency. We believe SLP is the perfect framework to start delivering this promise on our NIXT utility token and we are very excited to work together with Roger and the rest of the Bitcoin.com team!”
Bitcoin.com is a company that provides Bitcoin Cash (BCH) related services across various premium world wide web domains including but not limited to bitcoin.com. It has lately launched its own exchange that predominantly trade BCH and BTC, and lauched a world class mobile wallet to allow immediate payments by crypto across retails stores of many countries.
About Roger Ver
Roger Ver is the first investor in bitcoin and bitcoin-related startups and an early promoter of bitcoin. He has been known as “Bitcoin Jesus” for his prominent support of bitcoin adoption. He is one of the most influential industry leader and now chairman of Bitcoin.com.
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In the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of time, most crypto markets have been gradually healing and the overall market valuation of the cryptoconomy has clawed back at least 50-60% of the losses.
Cryptocurrencies saw some deep losses last week as the price of BTC dropped to a low of $7,600 three days ago. Most of the cryptoconomy has had a strong correlation with BTC’s price movements and the majority of coins followed BTC’s downward path. In the last 48 hours, however, crypto bulls have been chugging along, attempting to bring prices higher again. On October 1, the price of BTC is meandering between $8,300-8,400, and at $8,367 per coin, BTC is up 1.6%. Still, for the last seven days, BTC is down 11.3% and bulls have some more resistance ahead of them.
The second largest market rival is ethereum (ETH) which has gained 0.75% today. One ETH is trading for $178 at press time, but markets are still down 5.8% for the week. Ripple (XRP) is currently trading for $0.25 per coin and has seen only a small amount of movement in the last few days. Tether (USDT) commands the fourth largest market cap and the stablecoin has held this position all week long. USDT is still the most traded cryptocurrency, capturing $19.5 billion in volume on October 1.
Bitcoin cash (BCH) has held the fifth largest market cap ever since USDT bumped the coin down a spot. At press time, BCH is swapping for $223 per coin and is still down 2.2% today and negative 18% for the week. As we mentioned in our last market outlook, BCH took a beating and saw some of last week’s biggest losses. BCH is the sixth most traded digital asset on Tuesday above XRP and below EOS. Bitcoin cash has roughly a $4 billion dollar market cap, which is half a billion higher than LTC. Right now there’s been about $1.7 billion BCH traded in the last 24 hours. USDT represents 60% of all BCH trades on Monday followed by BCH/USD capturing 16%. Behind the U.S. dollar, the top trading pairs with BCH are BTC (13%), ETH (5.5%), KRW (2.7%), and JPY (0.70%).
BCH markets have held above the sub-$200 range but there is heavy resistance within $250-260. If BCH bulls can muster enough strength to damage that price region then a greater recovery could be on the cards. At press time, order books indicate northbound prices above the $270 zone show smoother seas. Cryptocurrency price analyst Pedro Febrero believes a period of consolidation may take hold of BCH markets.
“Last week, I mentioned there could be a chance for more upwards movement following the bounce at $200. However, at the time of writing, that now seems highly unlikely until we have worked through a period of consolidation around the new low,” Febrero wrote on October 1. “Currently, Bitcoin Cash is trading well below all its EMAs. Looking at the volume profile, we can clearly see BCH has strong support below $200 and almost no resistance until the $270-$280 level.”
Despite the recent lows, BTC and other digital assets are on course to start seeing higher prices again according to a few experts. Daniele Mensi, CEO of digital exchange group Nexthash, told the press that the “volatility of cryptocurrencies is what makes them excellent conduits of growth for traders, investors and growing businesses.” “What is important to remember is that bitcoin is still up around 115 percent this year, so its short term peaks and troughs are necessary to facilitate longer-term growth across the currency,” Mensi added. Commodity trader Peter Brandt explained that BTC prices could still drop to the $5,500 range, but after that the bull market will initiate and Brandt estimates BTC will touch $50K in the long term. John McAfee continues to double down on his bet and he’s still “firm” on his $1 million dollars per BTC prediction by the end of 2020.
A German financial institution based in Munich recently reported on BTC’s price and upcoming 2020 reward halving. In the spring of 2020, depending on hashrate speeds, BTC’s block reward will cut in half and people believe the price will rise due to this milestone. Germany’s BayernLB bank called BTC a “unique monetary asset” in its recent report and predicts the value of BTC will touch $90,000 per coin after the halving. The German bank called the digital asset “hard money” and used the coin’s stock-to-flow ratio as an example of “hardness.”
“It becomes clear that Bitcoin is designed as an ultra-hard type of money,” says BayernLB’s published report called Megatrend Digitalisation. “Next year, it will already exhibit a similarly high degree of hardness as gold. In 2024 (when halving is set to take place again), Bitcoin’s degree of hardness will again increase massively.”
Meanwhile, outside the crypto world, the global economy is shaking due to politicians and bankers spreading fears of a massive recession. The New York Times reported on October 1 that “global trade is deteriorating fast, sapping the world’s economy.” Central banks have global economists scared as there’s been a massive shift toward monetary easing tactics and even discussions concerning helicopter money.
Despite the macroeconomic storms, just like cryptocurrencies, traditional safe haven assets saw losses last week. The price per ounce of fine gold is down on October 1 and trading at $1,483 per ounce at press time. No one knows what will happen with markets like precious metals and cryptocurrencies during a great recession, but the way central bankers are acting we may see these assets tested. For now, cryptocurrencies are seeing slight gains but there have been no sure signals that a bullish comeback is imminent.
Where do you see the cryptocurrency markets heading from here? Let us know what you think about this subject in the comments section below.
Disclaimer: Price articles and market updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.” Cryptocurrency and gold prices referenced in this article were recorded at 12 p.m. Eastern Standard.
Image credits: Shutterstock, Coinlib, Markets.Bitcoin.com, Gold.org, and Pixabay.
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The post Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks appeared first on Bitcoin News.
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Marco Tempest and his quadcopters perform a mind-bending display that feels equal parts science and magic at TEDSummit: A Community Beyond Borders, July 23, 2019, in Edinburgh, Scotland. (Photo: Bret Hartman / TED)
In an incredible session, speakers and performers laid out the biggest problems facing the world — from political and economic catastrophe to rising violence and deepfakes — and some new thinking on solutions.
The event: TEDSummit 2019, Session 3: The Big Rethink, hosted by Corey Hajim and Cyndi Stivers
When and where: Tuesday, July 23, 2019, 5pm BST, at the Edinburgh Convention Centre in Edinburgh, Scotland
Speakers: George Monbiot, Nick Hanauer, Raghuram Rajan, Marco Tempest, Rachel Kleinfeld, Danielle Citron, Patrick Chappatte
Music: KT Tunstall sharing how she found her signature sound and playing her hits “Miniature Disasters,” “Black Horse and the Cherry Tree” and “Suddenly I See.”
The talks in brief:
“We are a society of altruists, but we are governed by psychopaths,” says George Monbiot. He speaks at TEDSummit: A Community Beyond Borders, July 23, 2019, in Edinburgh, Scotland. (Photo: Ryan Lash / TED)
George Monbiot, investigative journalist and self-described “professional troublemaker”
Big idea: To get out of the political mess we’re in, we need a new story that captures the minds of people across fault lines.
Why? “Welcome to neoliberalism, the zombie doctrine that never seems to die,” says George Monbiot. We have been induced by politicians and economists into accepting an ideology of extreme competition and individualism, weakening the social bonds that make our lives worth living. And despite the 2008 financial crisis, which exposed the blatant shortcomings of neoliberalism, it still dominates our lives. Why? We haven’t yet produced a new story to replace it — a new narrative to help us make sense of the present and guide the future. So, Monbiot proposes his own: the “politics of belonging,” founded on the belief that most people are fundamentally altruistic, empathetic and socially minded. If we can tap into our fundamental urge to cooperate — namely, by building generous, inclusive communities around the shared sphere of the commons — we can build a better world. With a new story to light the way, we just might make it there.
Quote of the talk: “We are a society of altruists, but we are governed by psychopaths.”
Nick Hanauer, entrepreneur and venture capitalist.
Big idea: Economics has ceased to be a rational science in the service of the “greater good” of society. It’s time to ditch neoliberal economics and create tools that address inequality and injustice.
How? Today, under the banner of unfettered growth through lower taxes, fewer regulations, and lower wages, economics has become a tool that enforces the growing gap between the rich and poor. Nick Hanauer thinks that we must recognize that our society functions not because it’s a ruthless competition between its economically fittest members but because cooperation between people and institutions produces innovation. Competition shouldn’t be between the powerful at the expense of everyone else but between ideas battling it out in a well-managed marketplace in which everyone can participate.
Quote of the talk: “Successful economies are not jungles, they’re gardens — which is to say that markets, like gardens, must be tended … Unconstrained by social norms or democratic regulation, markets inevitably create more problems than they solve.”
Raghuram Rajan shares his idea for “inclusive localism” — giving communities the tools to turn themselves around while establishing standards tp prevent discrimination and corruption — at TEDSummit: A Community Beyond Borders, July 23, 2019, in Edinburgh, Scotland. (Photo: Ryan Lash / TED)
Raghuram Rajan, economist and former Governor of the Reserve Bank of India
Big idea: As markets grow and governments focus on solving economic problems from the top-down, small communities and neighborhoods are losing their voices — and their livelihoods. But if nations lack the tools to address local problems, it’s time to turn to grass-roots communities for solutions.
How? Raghuram Rajan believes that nations must exercise “inclusive localism”: giving communities the tools to turn themselves around while establishing standards tp prevent discrimination and corruption. As local leaders step forward, citizens become active, and communities receive needed resources from philanthropists and through economic incentives, neighborhoods will thrive and rebuild their social fabric.
Quote of the talk: “What we really need [are] bottom-up policies devised by the community itself to repair the links between the local community and the national — as well as thriving international — economies.”
Marco Tempest, cyber illusionist
Big idea: Illusions that set our imaginations soaring are created when magic and science come together.
Why? “Is it possible to create illusions in a world where technology makes anything possible?” asks techno-magician Marco Tempest, as he interacts with his group of small flying machines called quadcopters. The drones dance around him, reacting buoyantly to his gestures and making it easy to anthropomorphize or attribute personality traits. Tempest’s buzzing buddies swerve, hover and pause, moving in formation as he orchestrates them. His mind-bending display will have you asking yourself: Was that science or magic? Maybe it’s both.
Quote to remember: “Magicians are interesting, their illusions accomplish what technology cannot, but what happens when the technology of today seems almost magical?”
Rachel Kleinfeld, democracy advisor and author
Big idea: It’s possible to quell violence — in the wider world and in our own backyards — with democracy and a lot of political TLC.
How? Compassion-concentrated action. We need to dispel the idea that some people deserve violence because of where they live, the communities they’re a part of or their socio-economic background. Kleinfeld calls this particular, inequality-based vein of violence “privilege violence,” explaining how it evolves in stages and the ways we can eradicate it. By deprogramming how we view violence and its origins and victims, we can move forward and build safer, more secure societies.
Quote of the talk: “The most important thing we can do is abandon the notion that some lives are just worth less than others.”
“Not only do we believe fakes, we are starting to doubt the truth,” says Danielle Citron, revealing the threat deepfakes pose to the truth and democracy. She speaks at TEDSummit: A Community Beyond Borders, July 23, 2019, in Edinburgh, Scotland. (Photo: Ryan Lash / TED)
Danielle Citron, professor of law and deepfake scholar
Big idea: Deepfakes — machine learning technology used to manipulate or fabricate audio and video content — can cause significant harm to individuals and society. We need a comprehensive legislative and educational approach to the problem.
How? The use of deepfake technology to manipulate video and audio for malicious purposes — whether it’s to stoke violence against minorities or to defame politicians and journalists — is becoming ubiquitous. With tools being made more accessible and their products more realistic, what becomes of that key ingredient for democratic processes: the truth? As Danielle Citron points out, “Not only do we believe fakes, we are starting to doubt the truth.” The fix, she suggests, cannot be merely technological. Legislation worldwide must be tailored to fighting digital impersonations that invade privacy and ruin lives. Educational initiatives are needed to teach the media how to identify fakes, persuade law enforcement that the perpetrators are worth prosecuting and convince the public at large that the future of democracy really is at stake.
Quote of the talk: “Technologists expect that advances in AI will soon make it impossible to distinguish a fake video and a real one. How can truths emerge in a deepfake ridden ‘marketplace of ideas?’ Will we take the path of least resistance and just believe what we want to believe, truth be damned?”
“Freedom of expression is not incompatible with dialogue and listening to each other, but it is incompatible with intolerance,” says editorial cartoonist Patrick Chappatte. He speaks at TEDSummit: A Community Beyond Borders, July 23, 2019, in Edinburgh, Scotland. (Photo: Ryan Lash / TED)
Patrick Chappatte, editorial cartoonist and graphic journalist
Big idea: We need humor like we need the air we breathe. We shouldn’t risk compromising our freedom of speech by censoring ourselves in the name of political correctness.
How? Our social media-saturated world is both a blessing and a curse for political cartoonists like Patrick Chappatte, whose satirical work can go viral while also making them, and the publications they work for, a target. Be it a prison sentence, firing or the outright dissolution of cartoon features in newspapers, editorial cartoonists worldwide are increasingly penalized for their art. Chappatte emphasizes the importance of the art form in political discourse by guiding us through 20 years of editorial cartoons that are equal parts humorous and caustic. In an age where social media platforms often provide places for fury instead of debate, he suggests that traditional media shouldn’t shy away from these online kingdoms, and neither should we. Now is the time to resist preventative self-censorship; if we don’t, we risk waking up in a sanitized world without freedom of expression.
Quote of the talk: “Freedom of expression is not incompatible with dialogue and listening to each other, but it is incompatible with intolerance.”
A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts and issue subpoenas to make sure U.S. residents are paying taxes on their cryptocurrencies.
An IRS slideshow created by James Daniels, IRS-CI cyber crimes program manager, describes some concerning methods IRS agents should use to crack down on crypto-using tax evaders. The slide follows the IRS’ recently announcing tax guidelines on cryptocurrencies, which will contain rules about the tax treatment of digital assets and forks. Even though the new tax guidelines haven’t been issued to the public, IRS agents who enforce the tax laws have have had no problems prosecuting bitcoin users for tax evasion. Agent Daniels’ recently published slide gives a lot of detail on how agents should combat crypto tax evaders by using a variety of investigation methods. Within the 181-page document, there are thorough descriptions of what a cryptocurrency is and chronicled paragraphs on assets like ripple (XRP) and bitcoin cash (BCH). The report discusses a myriad of digital currencies including BTC, XMR, BCH, XLM, XRP, and LTC. Daniels’ descriptive study even calls certain hardware wallet users “fanboys.”
Toward the end of the report, the slideshow explains how agents can track a bitcoin address using a public block explorer. “Once a Bitcoin Address is identified, it can be looked up on a Bitcoin Blockchain Explorer to find information such as value, transaction times, transaction locations, which may help in corroborating information, identifying additional addresses, or assist in locating the subject,” the text expounds. “It can also be used to show if bitcoins were transferred after a seizure warrant was served, which is discussed below.” Additionally, the slides give a well-documented summary of bitcoin mixers and how they are used to obfuscate trails of transactions on a public ledger. If an IRS agent determines a tax-evading suspect, the slide recommends sending grand jury subpoenas to a variety of tech companies. The slideshow states:
Issuance of a Grand Jury Subpoena should be considered for Apple, Google, and Microsoft for the Subject’s complete application download history.
What’s more alarming is that Daniels’ slide advocates agents investigate the financial habits of individuals who are using crypto to evade taxes. This includes, but is not limited to, conducting interviews with “bank tellers, family, and friends of the subject (if feasible), and establishments the subject frequents that may accept bitcoins. [Investigating] Facebook, Twitter, and other social media outlets.” The IRS slide suggests searching the subject’s financial accounts, including bank, credit card, and Paypal records. “[Automated clearing house] ACHs and wire transfers should be identified to see if any of them are related to bitcoin,” Daniels’ slide suggests. The “Getting Information” section in the slide states:
Transfers to and from a subject’s Paypal account should be analyzed in much the same way, verifying the parties involved with each transaction — Vendors who accept bitcoin, such as Amazon Payments, can also be considered for subpoena. However, this method may not reliably yield results.
Further into the slides, the agent explains that if the subject in question does maintain a bitcoin balance, an attempt should be made to identify their bitcoin wallet and associated addresses. The IRS report emphasizes that a user could also have numerous crypto addresses. A person can be identified if they posted a public address on social media and the slide recommends searching “through posts by the subject on his Facebook page or Twitter account.” If the suspected tax evader uses a bitcoin wallet service, a subpoena for records could be issued to the wallet company to identify the subject’s bitcoin balance, addresses, and any identifying information. The IRS cybercrime agent also states that there are various blockchain surveillance companies available that can help with an investigation. Firms that offer distributed ledger monitoring services mentioned in the IRS slides include Chainalysis, Elliptic, and Ciphertrace.
“This software could accurately trace the history of bitcoin payments and wallets — Moreover, it is able to map wallets into known “clusters”— that is, mapping addresses to known entities like Silk Road, Coinbase, and other large Bitcoin players,” the presentation explains.
The 181-page report is a daunting display of how IRS agents can invade a person’s private life in order to prosecute them for tax evasion. James Daniels’ slides also show that the IRS is well aware of bitcoin mixers, the use of Tor, and other transaction obfuscation methods. The study gives a detailed analysis of Bitmixer.io and explains that before the site closed down it mixed 65,000 BTC per month since 2014. “In addition to Bitmixer’s website on clearnet, the operation also had an official Tor mirror as well on the deep web,” the powerpoint presentation details. The slides also give step-by-step instructions for crypto beginners and explain how agents can easily sign up for Coinbase and other popular exchanges as well as a Bitcoin ATM walkthrough.
People will likely be shocked by this display of law enforcement going to great lengths to obtain cryptocurrency information on specific people. Very few crypto users are actively taking steps to protect their privacy 100% of the time. Perhaps this slideshow will urge more people to use mixing applications like Cashshuffle, operate wallets using a VPN and make sure they keep addresses off the clearnet. The recent IRS announcement that virtual currency guidelines are on the way is all but meaningless when agents will investigate or prosecute you anyway if you don’t follow the criteria. Pay taxes or wind up in a cage.
What do you think about the recent IRS cybercrimes slideshow on virtual currency use and tax evasion? Let us know what you think about this subject in the comments section below.
Image credits: Shutterstock, IRS logo, Cybercrime IRS Slideshow, and Pixabay.
The post IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users appeared first on Bitcoin News.
Faith Osier speaks during Fellows Session at TED2018 – The Age of Amazement in Vancouver, BC, Canada. Photo: Ryan Lash / TED
The TED community is brimming with new projects and updates. Below, a few highlights.
Malaria vaccine begins wide-scale testing in Malawi. RTS,S — the only malaria vaccine to successfully pass clinical trials — will be made available to 360,000 children in Kenya, Malawi and Ghana in the first round of implementation testing. Immunologist Faith Osier spoke to the Sierra Leone Times about the process and next steps for her work, tracking the efficacy and potential side effects of the vaccine, the results of which are expected in 3-5 years. “While we wait, the scientific effort to develop a more effective vaccine will continue as vigorously as ever,” she said. “Researchers like myself are energized by the limited success of the current vaccine and are convinced that we can do better.” (Watch Osier’s TED Talk.)
A new set of clean standards for the final frontier. Space environmentalist Moriba Jah and space engineer Danielle Wood will join an international team of scientists to design the Space Sustainability Rating (SSR), a new system to help reduce space debris. The SSR plans to create and distribute guidelines and models to space tech manufacturers to encourage low-waste production and highlight the importance of sustainability. “We need to ensure that the environment around Earth is as free as possible from trash left over from previous missions,” Wood said in a statement. “Creating the Space Sustainability Rating with our collaborators is one key step to ensure that all countries continue to increase the benefits we receive from space technology.” (Watch Wood’s TED Talk.)
TEDsters honored at 2019 Webby Awards. Climate change advocate Greta Thunberg and anti-bullying activist Monica Lewinsky were among those honored by this year’s Webby Awards. Lewinsky received the Webby Award for Best Influencer Endorsements on behalf of her campaign, #DefyTheName. Thunberg was given the Special Achievement Webby Social Movement of the Year to recognize her work in climate activism, including her #FridaysForFuture campaign, School Strike for Climate and for “igniting a global movement for climate justice led by youth activists, and for using the Internet to draw the world’s attention to the urgent issue of climate change,“ according to a statement on the Webby Awards website. (Check out the full lineup of winners and watch Thunberg’s and Lewinsky’s TED Talks.)
Meet 2019’s Stephen Hawking Science Medal Awardee. For his work promoting and furthering space travel, entrepreneur Elon Musk has been awarded the Stephen Hawking Science Medal by biennial science festival STARMUS. Other 2019 honorees include musician Brian Eno and the film Apollo 11. Musk will be presented the award by astrophysicist and Queen guitarist Brian May for “his astounding accomplishments in space travel and for humanity.” The winners will receive their medals in June at the STARMUS Science Communications Festival in Zurich. (Watch Musk’s latest TED Talk.)
Vanity Fair profiles Brené Brown. On the heels of her groundbreaking Netflix special, vulnerability researcher Brené Brown spoke to Vanity Fair about how success has changed her life — and how she wants to help change yours. Brown’s TED Talks, books and new Netflix special encourage people to embrace vulnerability as vital superpowers, instead of bottling it up in fear. (Watch Brown’s TED Talks on vulnerability and on shame.)
Have a news item to share? Write us at email@example.com and you may see it included in this round-up.
Multi-instrumental genius, Grammy winner and songwriter Richard Bona held the audience spellbound at TED2019: Bigger Than Us, April 18, 2019, Vancouver, BC, Canada. Photo: Bret Hartman / TED
Session 11 of TED2019 amazed, enriched, inspired and dazzled — diving deep into the creative process, exploring what it’s like to be a living artwork and soaring into deep space.
The event: Talks and performances from TED2019, Session 11: Wonder, hosted by TED’s Helen Walters and Kelly Stoetzel
When and where: Thursday, April 18, 2019, 5pm, at the Vancouver Convention Centre in Vancouver, BC
Speakers: Beau Lotto with performers from Cirque du Soleil, Joseph Gordon-Levitt, Jon Gray, Daniel Lismore, Richard Bona, Es Devlin and Juna Kollmeier
Music: Multi-instrumentalist and singer-songwriter Richard Bona, mesmerizing the audience with his “magic voodoo machine” — weaving beautiful vocal loops into a mesh of sound
Beau Lotto, neuroscientist, accompanied by performers and artists from Cirque du Soleil
Joseph Gordon-Levitt, actor, filmmaker and founder of HITRECORD
“We decided the world needed some Bronx seasoning on it”: The founder of Ghetto Gastro, Jon Gray, speaks at TED2019: Bigger Than Us. April 18, 2019, Vancouver, BC, Canada. Photo: Ryan Lash / TED
Jon Gray, designer, food lover, entrepreneur and cofounder of Ghetto Gastro
“These artworks are me”: Daniel Lismore talks about his life as a work of art, created anew each morning. He speaks at TED2019: Bigger Than Us. April 15 – 19, 2019, Vancouver, BC, Canada. Photo: Ryan Lash / TED
Daniel Lismore, London-based artist who lives his life as art, styling elaborate ensembles that mix haute couture, vintage fabrics, found objects, ethnic jewelry, beadwork, embroidery and more
“So much of what I make is fake. It’s an illusion. And yet every artist works in pursuit of communicating something that’s true.” Artist and stage designer Es Devlin speaks at TED2019: Bigger Than Us, April 18, 2019, Vancouver, BC, Canada. Photo: Bret Hartman / TED
Es Devlin, artist and stage designer
Juna Kollmeier, astrophysicist
“Stars are exploding all the time. Black holes are growing all the time. There is a new sky every night”: Astronomer Juna Kollmeier speaks at TED2019: Bigger Than Us, April 18, 2019, Vancouver, BC, Canada. Photo: Bret Hartman / TED
Jon Gray speaks at TED2019
Daniel Lismore speaks at TED2019
Es Devlin speaks at TED2019
Juna Kollmeier speaks at TED2019
Sheperd Doeleman, head of the Event Horizon Telescope, shares how the international collaboration helped us see the unseeable. He speaks at TED2019: Bigger Than Us, on April 15, 2019 in Vancouver, BC, Canada. (Photo: Bret Hartman / TED)
The theme of TED2019 is “Bigger than us,” and day 1 did not disappoint. Even though it had just three sessions, they were chock full of compelling ideas and calls for action. Here are seven takeaways:
We’re shining light into some really dark places. Sheperd Doeleman, head of the Event Horizon Telescope collaboration, takes us inside the new (and iconic) black hole image and the epic effort involved in making it. The petabytes (1 petabyte = 1 million GB) of data that were used to construct the image came from a network of telescopes operated by 200 people in 60 countries who, he says, “effortlessly sidestepped the issues that divide us.” (Here’s a thought: Let’s get competing political candidates to work on science projects … together!) And two TED Fellows showed documentary projects that exposed hidden truths: Taghi Amirani shares footage from his just-finished Coup 53, which reveals the British and American conspiracy that overthrew the Iranian government in 1953 and shaped the country’s fate (and his family’s), while Nanfu Wang speaks about One Child Nation, her film about the traumas caused by China’s one-child policy.
And some places still need illumination. British journalist Carole Cadwalladr describes her investigation into the Facebook ads that targeted people with lies prior to the 2016 Brexit vote, but most of the evidence of what occurred remains locked in the “black boxes” of Facebook, Google and Twitter. She urges them to release their data, saying: “It’s a crime scene, and you have the evidence.” Writer Baratunde Thurston shares examples of people in the US who had the police called on them because they were “living while black” — when they went to a swimming pool, donated food to the homeless or played golf, “concerned” observers phoned 911 to report them. Systemic racism underlies these 911 calls, and even though changing it may sound impossible, Thurston has hope. He believes that if we can see the humanity of people targeted by racism, we can change our actions; when we change our actions, we change the story; and when we change the story, we can change the system.
The words we use matter. We’re living in polarizing times, and many fractures occur during our conversations. By tweaking what we say, political pollster Frank Luntz shows how to keep our discussions open and respectful. One standout from his suggestions: instead of saying the passive “I’m listening,” try the active, empathic “I get it.”
Businesses need to look beyond balance sheets and focus on their people. TED Fellow Jess Kutch created coworker.org, a platform that helps employees organize. While it tends to scare executives, Kutch says corporate leaders should view organizing as a positive — it’s what she calls “productive conflict,” offering “an opportunity to build a better workplace, a stronger business and an economy that works for all of us.” (Besides, she notes, the people most passionate about changing their workplace tend to be the people who love their workplace the most.) … Creating a company that puts employees first is part of what Chobani founder Hamdi Ulukaya calls his “anti-CEO playbook.” Other actions in his playbook: Asking communities what they need instead of demanding tax breaks and concessions from them; being accountable to one’s customers rather than one’s shareholders; and taking sides on political issues — because, he says, businesses should use their power to make a difference.
Ethics shouldn’t be an afterthought. While Cadwalladr calls out the tech giants and Ulukaya calls for humanity in business, a slew of TED Fellows echo the theme of responsibility. MIT researcher Arnav Kapur demos a technology that can communicate a person’s thoughts — but he stressed it’s not mind reading. It picks up only “deliberate speech” while “control resides with the user.” … Cofounder and executive director of The Good Food Institute Bruce Friedrich says humans have a responsibility to the earth not to tax it with the consequences of meat consumption. He’s championing research and investment into plant-based and cell-based meat. … Finally, astrodynamicist Moriba Jah speaks about our planet’s responsibility to, well, the rest of the universe. There are more than 500,000 objects in space put there by humans — “most of us what we launch never comes back,” he says. The world’s nations should pool their efforts and data to track the trash.
Music can be used to teach history and biology. Teachers might want to take a lesson from these TED Fellows. Amma Ghartey-Tagoe Kootin shares a rousing excerpt from her in-progress musical At Buffalo, which examines black identity through the events of the 1901 World’s Fair in Buffalo, New York. And biologist Danielle N. Lee led the crowd in a version of Naughty by Nature’s “O.P.P.” to illustrate the concept of “extra-pair copulation.” (Trust us — it was amazing.)
Fishing cats are the cutest cat you’ve never heard of. Oh yes, they are.
That concludes this highly abbreviated rundown of the day’s doings, which also included walking Easter Island statues, innovative ways of creating new medications, a Kenyan music festival with the winning name of “Blankets and Wine” (sign us up!), an astrophysicist who is taking how she studies stellar explosions and applying them to city lights and the criminal justice system, restoring the Maldives with canvas “bladders,” spoken word from the sublime Sarah Kay and Marc Bamuthi Joseph, and much more.
Biologist Danielle N. Lee teaches a memorable lesson on animal monogamy during TED Fellows Session 2 at TED2019: Bigger Than Us, on April 15, 2019 in Vancouver, BC, Canada. (Photo: Dian Lofton / TED)
The event: An afternoon session of talks and performances from TED Fellows, hosted by TED Fellows director Shoham Arad and TED Senior Fellow Jedidah Isler.
When and where: Monday, April 15, 2019, 2pm, at the Vancouver Convention Centre in Vancouver, BC.
The talks, in brief:
Erika Hamden, an astrophysicist who builds telescopes at the University of Arizona.
Erika Hamden shows a view of the Moon next to, at lower left, a giant balloon carrying a space telescope she and her team designed. She speaks during TED Fellows Session 2 during TED2019: Bigger Than Us, on April 15, 2019 in Vancouver, BC, Canada. (Photo: Ryan Lash / TED)
Christopher Bahl, molecular engineer and protein designer.
Alexis Gambis, a filmmaker and biologist, as well as founder and executive director of film festival Imagine Science Films and creator of streaming film platform Labocine.
Hiromi Ozaki, an artist who explores the social and ethical implications of emerging technologies.
Muthoni Drummer Queen, musician and founder of two East African festivals: Blankets & Wine and Africa Nouveau.
Conservationist Moreangels Mbizah worked with the famous Cecil the lion — until he was shot by a trophy hunter. How can we prevent the next tragedy? By enlisting locals to protect the species they coexist with. Mbizah speaks during TED Fellows Session 2 at TED2019: Bigger Than Us, on April 15, 2019 in Vancouver, BC, Canada. (Photo: Ryan Lash / TED)
Moreangels Mbizah, a lion conservationist and founder of Carnivore Conservation Zimbabwe.
Leila Pirhaji, a biotech entrepreneur and founder of ReviveMed, an AI-driven metabolomics platform focused on discovering drugs for metabolic diseases.
Moriba Jah shares a visualization of space junk during TED Fellows Session 2 at TED2019: Bigger Than Us, on April 15, 2019 in Vancouver, BC, Canada. (Photo: Ryan Lash / TED)
Moriba Jah, a space environmentalist and inventor of the orbital garbage monitoring software AstriaGraph.
Brandon Anderson, a data entrepreneur and inventor of the police-reporting platform Raheem.
Skylar Tibbits, a designer, computational architect and founder of the Self-Assembly Lab at MIT.
Danielle N. Lee, a behavioral biologist, educator and STEM advocate.
Andrew Nemr, tap dancer and dance oral historian, artistic director of the Vancouver Tap Dance Society
TED-Ed’s Stephanie Lo (left) and TED’s own Cloe Shasha co-host the salon Education Everywhere, on January 24, 2019, at the TED World Theater in New York City. (Photo: Dian Lofton / TED)
The event: TED Salon: Education Everywhere, curated by Cloe Shasha, TED’s director of speaker development; Stephanie Lo, director of programs for TED-Ed; and Logan Smalley, director of TED-Ed
When and where: Thursday, January 24, 2019, at the TED World Theater in New York City
Music: Nora Brown fingerpicking the banjo
The big idea: We’re relying on educators to teach more skills than ever before — for a future we can’t quite predict.
Awesome animations: Courtesy of TED-Ed, whose videos are watched by more than two million learners around the world every day
New idea (to us anyway): Poverty is associated with a smaller cortical surface of the brain.
Good to be reminded: Education doesn’t just happen in the classroom. It happens online, in our businesses, our social systems and beyond.
Nora Brown, who picked up the ukulele at age six, brings her old-time banjo sound to the TED stage. (Photo: Dian Lofton / TED)
The talks in brief:
Kimberly Noble, a neuroscientist and director of the Neurocognition, Early Experience and Development Lab at Columbia University
Olympia Della Flora, associate superintendent for school development for Stamford Public Schools in Connecticut, and the former principal at Ohio Avenue Elementary School in Columbus, Ohio
Marcos Silva, a TED-Ed Innovative Educator and public school teacher in McAllen, Texas; and Ana Rodriguez, a student who commutes three hours every day to school from Mexico
Joel Levin, a technology teacher and the cofounder of MinecraftEdu
Jarrell E. Daniels offers a new vision for the criminal justice system centered on education and growth. (Photo: Dian Lofton / TED)
Jarrell E. Daniels, criminal justice activist and Columbia University Justice-In-Education Scholar
Liz Kleinrock, third-grade teacher and diversity coordinator at a charter school in Los Angeles
The term “showing off” gets a bad rap. But for Session 5 of TEDWomen 2018, a lineup of speakers and performers reclaimed the phrase — showing off their talents, skills and whole extraordinary selves. Hosted by TED’s head of conferences, Kelly Stoetzel, and head of curation, Helen Walters, the talks ranged from architecture and the environment to education and grief, taking on the fundamental challenges that we face as humans. The session featured Ane Brun, Kotchakorn Voraakhom, Kate E. Brandt, Danielle R. Moss, Carla Harris, Helen Marriage and Nora McInerny.
Multi-instrumentalist, singer and composer Ane Brun kicks off Session 5 with a poised, intimate performance of “It All Starts With One” and “You Light My Fire.” She performs at TEDWomen 2018: Showing Up, on November 29, 2018, in Palm Springs, California. (Photo: Callie Giovanna / TED)
It all starts with a dramatic opening. The session starts with an air of anticipation, thanks to multi-instrumentalist Ane Brun‘s opening number, “It All Starts With One.” This cabaret workout for piano and string quartet is based on “the revolution of dreams” of the Arab Spring, written to celebrate “small victories … that little drop that I, as an individual, can add to the flood of change.” Her intimate follow-up number, “You Light My Fire,” is “a statue in the shape of a song” dedicated to the unacknowledged warriors who fight for women’s rights.
Our sinking cities. At this very moment, 48 major cities across the globe are sinking — cities like New York City, Los Angeles, London, Tokyo, Shanghai and Bangkok, built on the soft ground alongside their rivers. Landscape architect and TED Fellow Kotchakorn Voraakhom comes from Bangkok herself and was displaced, along with millions of others, by the devastating flood that hit Thailand in 2011. “Our city’s modern infrastructure — especially our notion to fight floods with concrete — has made us extremely vulnerable to climate uncertainty,” she says. In the years since, she’s worked to combine the ingenuity of modern engineering with the reality of rising sea levels to help cities live with climate change. She and her team designed the Chulalongkorn Centenary Park, a big green crack in the heart of Bangkok and the city’s first new public park in more than three decades. The park is not only a site for recreation and beautification; it also helps the city deal with water through some ingenious design. Bangkok is a flat city, so by inclining the whole park, it harnesses the power of gravity to collect every drop of rain — holding and collecting up to a million gallons of water during severe floods. “This park is not about getting rid of flood water,” she says. “It’s about creating a way to live with it.” In a sinking city where every rainfall is a wake-up call, this “amphibious design” provides new hope of making room for water.
“Greening” Google with a circular approach. “What if, like nature, everything was repurposed, reused and reborn for use again?” asks Google’s head of sustainability, Kate E. Brandt, who is in charge of “greening” the tech giant. Every time someone completes a search on Google or uploads a video to YouTube, Google’s data centers are hard at work — filled with servers using a significant amount of energy. And with demand for energy and materials only continuing to grow, Brandt’s work is to figure a sustainable path forward. Her idea? To create a circular economy grounded in three tenets: designing out waste, keeping products and materials in use, and transitioning to renewable energy. In this circular world, all goods would be designed to be easily repaired and remanufactured. She imagines, for instance, that even clothes and shoes could be leased and returned — with old clothes going back to the designer to reuse the materials for a new batch of clothing. “If we each ask ourselves, ‘What can I do to positively impact our economy, our society, our environment?’ — then we will break out of the global challenges that have been created by our take-make-and-waste economy, and we can realize a circular world of abundance,” she says.
Activist Danielle R. Moss advocates for “the forgotten middle”: those students and coworkers who are often overlooked but who, when motivated and empowered to succeed, can reach their full potential. She speaks at TEDWomen 2018: Showing Up, November 29, 2018, Palm Springs, California. (Photo: Callie Giovanna / TED)
Tapping into the forgotten middle. We all know “the forgotten middle” — “they’re the students, coworkers and plain old regular folks who are often overlooked because they’re seen as neither exceptional nor problematic,” says activist and former educator Danielle R. Moss. But, she says, there is more here. “I think there are some unclaimed winning lottery tickets in the middle,” Moss says. “I think the cure for cancer and the path to world peace might very well reside there.” Moss has spent much of her career trying to help this group reach their full potential. In middle school, she herself was languishing in that strata, until her mother noticed and set her on a different path. Later, in New York City, Moss helped create a program to work with the forgotten middle and identified some of the core elements of a formula to motivate them. These include holding kids to high expectations (instead of asking, “Hey, do you want to go to college?”, ask, “What college would you like to attend?”), giving them “the hidden curriculum” needed to succeed (study skills, leadership development, liberal-arts coursework and adult support), and making them accountable to themselves, each other and their communities (seeing themselves as belonging to a group of young people who came from the same backgrounds and who were all aspiring for more). Moss says, “When I think of my kids, and I think of all the doctors, lawyers, teachers, social workers and artists who came from our little nook in New York City, I hate to think what wouldn’t have happened if we hadn’t invested in the kids in the middle.”
In our careers, we all need a sponsor. Corporate America insists it is a meritocracy — a place where those who succeed simply “put their heads down and work really hard.” But former Wall Street banker Carla Harris tells us this simple truth: that’s not the case. To really move forward and be recognized for your work, you need someone else to make a case for you — especially in those pivotal decisions that are often made behind closed doors. This person isn’t a mentor, champion or advocate — but a sponsor, someone who is “carrying your paper into the room … pounding the table on your behalf.” Sponsors need three things: a seat at the table, power in the decision-making process and an investment in you and your work. Harris says you can attract a sponsor by utilizing two forms of social capital: performance currency, which you gain when you perform beyond expectations, and relationship currency, which you gain by engaging meaningfully with the people around you. “You can survive a long time in your career without a mentor,” Harris says, “but you are not going to ascend in any organization without a sponsor.”
Designer Helen Marriage creates moving, ephemeral moments that reveal beauty among ruins, reexamine history and whimsically demonstrate what’s possible. She speaks at TEDWomen 2018: Showing Up, November 29, 2018, Palm Springs, California. (Photo: Callie Giovanna / TED)
A moment when curiosity triumphs over suspicion, and delight banishes anxiety. Designer Helen Marriage brings people together through larger-than-life art and spectacle. “I want to take you to a different kind of world — a world of the imagination where using this most powerful tool that we have, we can transform our physical surroundings,” she says. With Artichoke, the company she cofounded in 2006, Marriage seeks to create moving, ephemeral moments that reveal beauty among ruins, reexamine history and whimsically demonstrate what’s possible. Why? “In doing so, we can change forever how we feel, and how we feel about the people we share the planet with.” On the TEDWomen stage, Marriage tells the tale of three cities she transformed into spaces of culture and connection. In Salisbury, French actors performed Faust on stilts with handheld pyrotechnics; in London, she conjured magic by shutting down the city streets for four days to tell the story of a little girl and an elephant. And in Derry (also known as Londonderry) — a town still gripped by Northern Ireland’s Protestant/Catholic conflict — she helped address community tribalism in Burning Man fashion, building a wooden temple that housed written hopes, thoughts, loves and losses — then burning it down. Reminiscent of a town ritual that usually deepens rifts, the work brought thousands of people together on both sides to share and experience a deeply profound moment. As she says: “In the end, this is all about love.”
Moving forward doesn’t mean moving on. In a heartbreaking, hilarious talk, writer and podcaster Nora McInerny shares her hard-earned wisdom about life and death. In 2014, soon after losing her second pregnancy and her father, McInerny’s husband Aaron died after three years fighting brain cancer. Since then, McInerny has made a career of talking about life’s hardest moments — not just her own, but also the losses and tragedies that others have experienced. She started the Hot Young Widows Club, a series of small gatherings where men and women can talk about their partners who have died and say the things that other people in their lives aren’t yet willing to hear. “The people who we’ve lost are still so present for us,” she says. Now remarried, McInerny says that we need to change how we think about grief — that it’s possible to grieve and love in the same year and week, even the same breath. She invites us to stop talking about “moving on” after the death of a loved one: “I haven’t moved on from Aaron, I’ve moved forward with him,” she says. And she encourages us to remind one another that some things can’t be fixed, and not all wounds are meant to heal.
For a second year, TED and Merck KGaA, Darmstadt, Germany, have partnered to explore the art of possibility. (Photo: Richard Hadley / TED)
The possibilities life affords us are endless. We can find them everywhere, at the micro and macro levels and across all fields. Do you see them? Look closer: they are there every time we use our curiosity and imagination to explore and try new things.
For a second year, TED and Merck KGaA, Darmstadt, Germany, have partnered to explore the art of possibility. At this year’s TED@Merck KGaA, Darmstadt, Germany, hosted by TED’s international curator Bruno Giussani at Staatstheater Darmstadt on November 26, 2018, a lineup of 13 visionaries, dreamers and changemakers shared the possibilities of past, present and future.
After opening remarks from Stefan Oschmann, Chairman of the Executive Board and CEO of Merck KGaA, Darmstadt, Germany, the talks of Session 1 kick off.
Sharks could be our newest weapons against cancer, says antibody researcher Doreen Koenning. She shares her work at TED@Merck KGaA, Darmstadt, Germany. (Photo: Richard Hadley / TED)
Can sharks help us fight cancer? The time-worn cliché, “If you hear hoofbeats, think of horses, not zebras,” is meant to remind us that the most obvious solution is usually the correct ones. Yet antibody researcher Doreen Koenning has dedicated her career to doing exactly the opposite — and in the process, she’s uncovered surprising weapons that may help us fight cancer. Koenning studies sharks — specifically, their antibodies, which are unusually stable and robust, and which interact with a wide variety of complex molecules. What does this have to do with cancer? Medicines made from human antibodies help us battle cancer — but since they blend into our immune system so well, it’s difficult to track their side effects. Shark antibodies, by contrast, stand out like a sore thumb. Because of this, they could become a valuable tool for neglected diseases and clinical drug trials — and potentially create a new breed of cancer medicines. In the end, Koenning reminds us that we can find useful molecules in many other species, each of them having very special traits. So our search for “zebras” shouldn’t stop at the shark tank.
By bridging immunology and biology, we can engineer vaccines that evolve alongside the superbugs, says pharmacist Vikas Jaitely. He speaks at TED@Merck KGaA, Darmstadt, Germany. (Photo: Richard Hadley / TED)
We can fight antibiotic-resistant superbugs with a new class of vaccines. We urgently need to revamp our approach to developing solutions for bacterial diseases, says pharmacist Vikas Jaitely. Deadly superbugs like MRSA and Clostridium difficile are quickly evolving to resist antibiotics by continuously mutating their genes and even borrowing stronger DNA from other bacteria. Although medical science is trying to keep up, these strains are progressing at a much faster rate than our antibiotics; by 2050, superbugs could claim up to 10 million lives a year globally. Jaitely proposes a new source of help: learning directly from the bacteria and developing what he calls an “ecosystem of evolving vaccines” that can be rapidly modified to target ever-changing bacteria strains. Jaitely says that by modeling superbug behavior and tracking the most probable adaptations (similar to how we approach the flu virus), we can engineer vaccines that evolve alongside the superbugs, functioning as protective shields in our bodies. By “bridging immunology and biology,” he concludes, “we can remove these bugs’ superpowers through the power of our own immune systems, fully trained by these new vaccines.”
What your breath could reveal about your health. There’s no better way to stop a disease than catching and treating it early, before symptoms show. That’s the whole point of medical screening techniques like radiography, MRIs and blood and tissue tests. But there’s a medium with overlooked potential for medical analysis: your breath. Technologist Julian Burschka shares the latest in the art of breath analysis — the screening of the volatile organic compounds we exhale — and how it can be used to better understand the biochemical processes happening inside a patient’s body. Burschka explains how research on breath analysis has skyrocketed recently, and that there’s substantial data suggesting that diseases like Alzheimer’s, diabetes and even colon cancer can be detected in our breath. As the technology matures, the decision of whether or not to treat a disease based on early detection will still be debated, Burschka says. But it’s opening up exciting new possibilities like the creation of longitudinal data that could track the same patient over her lifetime, enabling doctors to detect abnormalities based on a patient’s own medical history, not the average population. “Breath analysis should provide us with a powerful tool not only to proactively detect specific diseases, but also to predict and ultimately prevent them,” Burschka says.
The possibilities of dynamic lighting. Light is all around us, yet many of us don’t realize how much of an effect it has on our behavior and productivity. Lighting researcher Sarah Klein believes we can use lighting to improve our daily lives. Lighting is often chosen with installation costs in mind — not designed to help us feel our best. Klein thinks we should change that approach and make it work with our biological needs. She suggests a “dynamic light system” — a network of adjustable, condition-specific LED lights that NASA uses to help their astronauts get the right amount of sleep. This kind of solution isn’t just for astronauts — it can be useful back on Earth, too, Klein says. For example, a dynamic light system could help travelers cope with jetlag on airplanes and enable people to heal faster in hospitals. Now that we know the impact that light has on us, she says, “We can create a healthier environment for our colleagues, our friends, our families — and ultimately ourselves.”
The impact of a TED Talk, one year later. In a personal, eye-opening talk at last year’s TED@Merck, patient advocate Scott Williams highlighted the invaluable role of informal caregivers — those friends and relatives who go the extra mile for their loved ones in need. More than a million views later, Williams is back on the TED stage, discussing the impact of his talk both within Merck KGaA, Darmstadt, Germany, and on the general public. Since the talk, the company has launched a program called Embracing Carers that supports informal caregivers, and people from around the world have reached out to Williams to share their stories and perspectives. Now, Williams and Embracing Carers are partnering with like-minded organizations, such as Eurocarers and the American Cancer Society (and actor Rob Lowe!), to share tools and resources. “This journey generated interest and brought people together,” Williams says. “It sparked a dynamic conversation about the situation of carers.”
A grassroots healthcare revolution in Africa. The last several decades have brought revolutionary advances in medical technology — and yet, according to the World Health Organization, half of the world’s population still can’t get basic health care. How can we fix this glaring gap? Inclusive health care advocate Boris A. Hesser believes that the answer lies in community pharmacies, and developing them into bonafide centers of care. Throughout Africa, for example, small pharmacies can be logical local service points for basic medical care and long-term patient outcomes — if they can access the tools they need. Hesser’s team has already built five basic, sustainable facilities around Nairobi that provide preventative care, affordable medication and even refrigeration for medicines. It’s one step in bringing affordable health care to everyone, everywhere.
Scientist Li Wei Tan is passionate about bubbles. At TED@Merck KGaA, Darmstadt, Germany, she shares the magic of these soapy spheres. (Photo: Richard Hadley / TED)
The wonderful, surprisingly scientific world of bubbles. Ink formulation scientist Li Wei Tan wants to burst your bubble. It’s actually her job to do just that; when you hold a smartphone, it’s her work that helps give the screen such a crisp, clear quality, by removing the micro- and nano-sized bubbles that want to live in the ink beneath the screen. Tan knows all about the secret world of bubbles — how to remove tiny ones and create the giant bubbles that may have fascinated you as a child — and shares the magic of these soapy spheres. Bubbles are mathematical marvels because they’re constantly seeking geometric perfection, which gives them their shape, Tan says. (Did you know six connected bubbles form a cube in the center?) And these spectacular orbs have influenced industries from manufacturing and shipping (where boats are trying to mimic the bubble-producing tendencies of swimming penguins) to medicine — even down to the tiny bubbles in champagne. “As a scientist who is passionate about bubbles,” she says, “I love to see them, I love to play with them, I love study them, and also I love to drink them.”
Why multitasking works — if we slow it down. “To do two things at once is to do neither,” so the saying goes. But economist and journalist Tim Harford thinks that doing two things at once — or three or even four — is exactly what we should be going for, so long as we slow down to do them right. Harford calls this concept “slow-motion multitasking,” and it’s a pattern of behavior common in highly creative people of all stripes — from Einstein and Darwin to Michael Crichton and Twyla Tharp. Slow-motion multitasking is “when we have several projects in progress at the same time, and we move from one to the other and back again as the mood takes us or the situation demands,” he says. The benefits of this approach are manifold. For instance, creativity often comes from moving an idea out of its original situation and into a new context. As Harford puts it: “It’s easier to think outside the box if you spend some time clambering from one box to another.” What’s more, learning to do one thing may help you do something else. Harford gives the example of medical trainees who became significantly better at analyzing and diagnosing images of eye diseases after spending time studying art. And by balancing several fulfilling projects at once, Harford explains, you’re less likely to get stuck: a setback on one project presents itself as an opportunity to work on another. So how do you keep all these creative pursuits straight in your head? Harford suggests storing related information in separate boxes — whether these are actual physical boxes or digital folders — that can be easily accessed when inspiration strikes. “We can make multitasking work for us, unleashing our natural creativity,” Harford says. “We just need to slow it down.”
Breaking down cultural barriers — with cake. Materials scientist Kathy Vinokurov says that when faced with cultural boundaries in unfamiliar environments, we should be bold and take the first step to bridge those gaps. Born in Russia, Vinokurov moved to Israel as a teenager, where she says she built an imaginary wall between her and her classmates. Fast forward to a new job in Germany later in life and Vinokurov realized she had done the same thing at her workplace. While we can’t control the perceptions others have of us, Vinokurov says, we can control how we communicate and share with those around us. She suggests that when we’re in new settings, we can ease cultural barriers by showing up as our full, authentic selves — and, perhaps, bringing sweet treats from home, like cake. “This opens up the possibility to talk about all the bricks that, if not addressed, may build that wall,” Vinokurov says. While not everyone will immediately open up, she encourages us to spark conversation and “cultural barriers will start to melt away.” Though the tensions of a new workplace can be daunting, sometimes it really is as easy as pie.
By combining AI and blockchain, we could enter an era where we render all data — published and unpublished — searchable and shareable, says complexity specialist Gunjan Bhardwaj. He shares his vision of the future at TED@Merck KGaA, Darmstadt, Germany. (Photo: Richard Hadley / TED)
Technological tools for mining medical data. Complexity specialist Gunjan Bhardwaj begins his talk with a grim statement: “All of us in this room have a friend or a loved one who has suffered from a life-threatening disease.” When faced with this reality, we find ourselves trying to sort through a mountain of medical data to figure out what therapies are available, pinpoint where we can get them and identify the best experts to help. And this mountain is constantly growing; according to a study by Peter Densen: at the present rate, medical knowledge will double itself every 73 days in the year 2020. Doctors and researchers — let alone patients and their families — will find it impossible to attain a cohesive view of this “deep, dense and diverse” data. Bharwaj identifies two potential technological solutions to this problem: artificial intelligence and blockchain. An AI trained in the specialized language of medical science could crawl data and enable users to answer their most pressing questions. And using blockchain to encrypt siloed, proprietary and otherwise unavailable data could allow researchers to share their unpublished findings more securely, sparking innovation. By combining AI and blockchain, we could enter an era where we render all data — published and unpublished — searchable and shareable. “That era is now,” Bharwaj says.
The self-assembling circuits of the future. We’ve all experienced the frustration of an old computer or smartphone grinding to a halt. It’s the circuits to blame. In time, if we don’t develop better hardware for evolving tech like facial recognition and augmented reality, we could hit a point where the mind-blowing potential of software may be limited, warns developer Karl Skjonnemand. Right now, much of our technology runs thanks to transistors — big, hulking machines that after 50 years of continuous reinvention are now smaller than a red blood cell. But Skjonnemand says that we’re reaching their physical limits, while still needing to go smaller. It’s time for a totally different, robust and cost-effective approach inspired by nature and brought to life by science: designing self-assembling materials after membranes and cell structures in order to continue with the spectacular expansion of computing and the digital revolution. “This could even be the dawn of a new era of molecular manufacturing,” says Skjonnemand. “How cool is that?”
What should electric cars sound like? Renzo Vitale designs an automotive system that few of us consider — the sonic environments cars produce. Electric cars, with their low audio footprints, offer some welcome silence in our cities — as well as new dangers, since they can easily sneak up on unsuspecting pedestrians. So what kind of sounds should they make to keep people safe? Instead of an engine sound, Vitale explores “sonic textures that are able to transmit emotion … connecting feelings and frequencies” that “speak to the character and identity of the car” — or “sound genetics.” In practice, this could mean a car that sounds like a harmonious synthesizer reaching crescendo as it accelerates. Vitale is also an artist and a performer, using his automotive environments as blueprints for mind-boggling installations and musical scores. To close of his talk, he plays selections from his piano albums, Storm and Zerospace.
At TED@Merck KGaA, Darmstadt, Germany, Daniel Sherling shares his work bringing the joy of science to American kids who don’t have access to high-tech facilities. (Photo: Richard Hadley / TED)
How a shipping container sparks students’ curiosity. “How can students get excited about science if they don’t have access to the resources that actually make science fun?” asks science education promoter Daniel Sherling. With his team at MilliporeSigma, Sherling transformed a yellow shipping container into a “Curiosity Cube” — a mobile science lab meant to create an engaging, dynamic learning environment. Inside the Curiosity Cube, students can find technology like programmable robots, 3D printers, interactive microscopes, virtual reality and more. The Cube is strapped to a trailer and travels throughout North America, visiting schools that lack the resources for real hands-on science experiments. This way, he says, interactive science can be brought to the students who need it most. And on weekends, families and students can find the Cube in large city centers or public spaces. It’s open to anyone interested in learning more about science — no matter their age. “If we can expose students to the wonders of science, if we can get them just that much more excited for science class the next day, we truly believe we can have a domino effect,” says Sherling. “Because what students need is the opportunity to see and experience how awesome science is. To feel safe to learn, to build their confidence, and most importantly to have their curiosity sparked.”
Deutsche Philharmonie Merck wrapped up the evening with a piece composed by Ben Palmer in 2018 to celebrate the 350th anniversary of Merck KGaA, Darmstadt, Germany. (Photo: Richard Hadley / TED)
“Part II. The Journey Through Time.” After closing remarks from Belén Garijo, CEO Healthcare, at Merck KGaA, Darmstadt, Germany, Deutsche Philharmonie Merck wraps up the evening performing a piece composed by its conductor Ben Palmer in 2018 to celebrate the 350th anniversary of the company. This is followed by a second piece by Mikhail Glinka, “Ruslan and Lyudmila,” an overture based on a poem by Pushkin, providing a contemplative melody with toiling bravado, soaring strings and notes of inspiration — which one could imagine as the sounds of a working mind struck by brilliance.
TED@Merck KGaA, Darmstadt, Germany at Staatstheater Darmstadt, November, 26, 2018.
The TED community is brimming with new books and projects. Below, a selection of highlights.
A powerful story of an American odyssey. Writer and business leader Casey Gerald has published a new memoir on his journey through American life. Titled There Will Be No Miracles Here, the book tells Gerald’s story from a childhood of scraping by, to Yale University, to his role as the leader of a nonprofit placing MBA graduates in communities where they can share their knowledge and make a difference. In an interview with NYMag, Gerald says, “I feel very certain that this book, writing it and giving it away, was the highest and best use of the luxury of being alive. Only time will tell whether that’s true.” The memoir, which The New York Times calls “magnificent,” can be found in bookstores and online. (Watch Gerald’s TED Talk.)
New insights on the benefits of playing instruments. In collaboration with neuroscientist Daniel Levitin, guitar manufacturer Fender has published a new report on the emotional, physical and mental benefits of playing instruments with a focus on the guitar. The study has some fascinating findings: women make up half of all new and aspiring guitar players, 72% of participants began playing guitar as a way of bettering themselves and 42% of participants considered guitar-playing a part of their identity. On the study, Levitin said, “Playing an instrument has a meditative aspect that can release positive hormones in the brain … When we play an instrument, it allows us to see ourselves differently — taking on something that is seen as being a masterful skill in society.” (Watch Levitin’s TED Talk.)
A free resource on integrating ethics and tech. In a closing keynote at the 2018 Borah Symposium, game designer and technologist Jane McGonigal spoke about the tangible benefits of video games. As quoted in The Argonaut, McGonigal said, “Microsoft Research estimated that the United States’ global life expectancy had increased by 2.825 million years just because of the amount of increase in physical activity [from the release of Pokémon Go]. That’s a real outcome.” McGonigal also discussed Ethical OS, her latest project, a free online ethics toolkit for technology makers and futurists. McGonigal crafted it in collaboration with the Omidyar Network and her team at the Institute for the Future, where she is the Director for Game Research and Development. (Watch McGonigal’s TED Talk.)
Marvel’s SHURI series is here. The Black Panther universe has a new addition: a comic series focusing on Shuri, the princess of Wakanda. Written by Afrofuturist writer Nnedi Okorafor and illustrated by Leonardo Romero, the first issue was released last week. This series signals a departure from the Black Panther lore so far. According to Marvel, SHURI leads the eponymous main character on exciting adventures and challenges as she strives to lead Wakanda — the fictional African country of the Black Panther universe — in the absence of her brother, King T’Challa. The first issue has three gorgeous covers by artist Sam Spratt and the second issue is out next month. (Watch Okorafor’s TED Talk. and read our new interview with her)
Brief Answers to Big Questions. The final book of the late theoretical physicist Stephen Hawking was published in October, seven months after Hawking passed away at age 76. Published by Bantam Books, Brief Answers to Big Questions explores some of life’s greatest mysteries, including the existence of God and the possibility of time travel (spoiler alert: Hawking says no and maybe, respectively). The book was finished and polished by Hawking’s family members, who drew from his research, notes and papers following his death. In addition, Hawking, widely considered one of the most influential scientists of his generation, will be honored at the 2019 Breakthrough Prize ceremony. Hawking was awarded a Special Fundamental Physics Prize by the organization in 2013 for his discovery that black holes emit radiation. (Watch Hawking’s TED Talk.)
TED is launching a new way for curious audiences to immerse themselves more deeply in some of the most compelling ideas on our platform: The TED Interview, a long-form TED original podcast series. Beginning October 16, weekly episodes of The TED Interview will feature head of TED Chris Anderson deep in conversation with TED speakers about the ideas they shared in their TED Talks. Guests will include Elizabeth Gilbert and Sir Ken Robinson, as well as Sam Harris, Mellody Hobson, Daniel Kahneman, Ray Kurzweil and more. Listen to the trailer here.
“If you look at the cast of characters who have given TED Talks over the past few years, it’s a truly remarkable group of people, and includes many of the world’s most remarkable minds,” Chris said. “We got a glimpse of their thinking in their TED Talk, but there is so much more there. That’s what this podcast series seeks to uncover. We get to dive deeper, much deeper than was possible in their original talk, allowing them to further explain, amplify, illuminate and, in some cases, defend their thinking. For anyone turned on by ideas, these conversations are a special treat.”
The launch comes at an exciting time when TED is testing multiple new formats and channels to reach even wider global audiences. In the past year TED has experimented with original podcasts, including WorkLife with Adam Grant, Facebook Watch series like Constantly Curious, primetime international television in India with TED Talks India Nayi Soch and more.
“We’ve been very ambitious in our goal of developing and testing new formats and channels that can support TED’s mission of Ideas Worth Spreading,” said Colin Helms, head of media at TED. “A decade after TED began posting talks online, there are so many more differing media habits to contend with—and, lucky for us, so many more formats to more to play with. The TED Interview is an exciting new way for us to offer curious audiences a front-row seat to some of the day’s most fascinating and challenging conversations.”
The first episode of the TED Interview debuts Tuesday, October 16, on Apple Podcasts, the TED Android app or wherever you like to listen to podcasts. Season 1 features eleven episodes, roughly 40 minutes each. New episodes will be made available every Tuesday. Subscribe and check out the trailer here.
TED and Optum partnered to cultivate the dialogue and collaboration that’s needed to understand and guide changes in healthcare. (Photo: Marla Aufmuth / TED)
Healthcare is at a turning point. Big data, evolving consumer preferences and shifting cost structures are just a few of the many complex factors shaping the opportunities and challenges that will define the future. How can we all become forces for positive change and progress?
For the first time, TED partnered with Optum, a health services and innovation company, for a salon focused on what happens when we trust our ideas to change health and healthcare for the better. At the salon, held on July 31 at the ARIA Las Vegas, six speakers and a performer shared fresh thinking on how we can make a health system that works better for everyone.
Empathy shouldn’t be a nice-to-have, says Adrienne Boissy — it’s a hard skill that should be integrated into everything we do. (Photo: Marla Aufmuth / TED)
How we can put empathy back in healthcare. Many in healthcare believe that empathy — imagining another person’s feelings and then doing something to help them — is a “soft skill,” and not an important factor in the success or failure of medical treatments. But according to Adrienne Boissy, chief experience officer for the Cleveland Clinic Health System, empathy is a critical part of healthcare that, when cultivated, delivers proven, positive impacts to everything from controlling high blood pressure to the outcomes of diabetes. Best of all, it’s something that healthcare workers can learn, in order to “bake caring fixes back into every single part of the healthcare system.” Boissy knows that patients and doctors both suffer under current healthcare systems and their long wait times, communications gaps, and the endemic pressures that lead to staff burnout. To address these problems in her health system, Boissy implemented some big fixes, like same-day appointments for patients, communications training for doctors and less bureaucratic pressure. Her strategies are designed to build empathy back into the healthcare system and “transform the human experience into something much more humane.”
The myth of obesity and the need for a social movement. The global obesity crisis has reached epidemic proportions — but its root cause may not be what you think. Obesity expert Lee Kaplan has studied the issue for nearly 20 years, and the misconceptions around obesity have remained fairly constant throughout: if people simply ate less and exercised more, the thinking goes, they’d be able to control their weight. But the reality is much more complex. “Numerous studies demonstrate that each of our bodies has a powerful, and very accurate, system for seeking and maintaining the right amount of fat,” Kaplan says. “Obesity is the disease in which that finely tuned system goes awry.” There are many types of obesity, with many causes — genetics, brain damage, sleep deprivation, medications that promote weight gain — but in the end, all obesity reflects the disruption of this internal system (controlled by the body’s adipostat). In order to begin solving this massive health crisis, Kaplan calls for us to stop stigmatizing obesity and take collective action to improve the lives of those affected. “We need to change the public perception of blame and responsibility, and support a social movement that will lead to real progress,” Kaplan says. “In so doing, we will begin to see society shrink before our eyes.”
If we design healthcare systems with trust, innovation and ambition, says Dr. Andrew Bastawrous, we can create solutions that change the lives of millions of people worldwide. (Photo: Marla Aufmuth / TED)
Innovating the healthcare funding and distribution model. While working in an eye care clinic in Kenya, Andrew Bastawrous was frustrated to find that because of rigid funding regulations, he wasn’t able to help people in desperate need who didn’t have “the right problems.” Though specific resource allocation makes business sense, Bastawrous says, inflexible rules often block healthcare organizations from adapting to shifting situations on the ground. This makes it difficult to deliver even simple medical treatments — for example, though we’ve had glasses for over 700 years, 2.5 billion people still don’t have access to them. That’s why Peek Vision, the eye care organization Bastawrous co-founded and leads, is set up as both a company and a charity — an innovation that allows them to sustainably create healthcare products and serve the communities who need them most. Peek Vision’s successful partnership with the Botswana government to screen and treat every child in the country by 2021 shows that this model can work — now, it needs to be scaled globally. If we design health care systems with trust, innovation and ambition, Bastawrous says, we can create solutions that fulfill the needs of financial partners and improve the lives of millions of people worldwide.
One pill to rule them all? We live in the age of the “quantified self,” where it’s possible to measure, monitor and track much of our physiology and behavior with a few taps of a finger. (Think smartwatches and fitness trackers.) With all this information, says Daniel Kraft, we should be able to make the shift into “quantified health” and design truly personalized medicine that allows us to synthesize many of our medications into a single pill. Onstage, Kraft revealed a prototype that would not only engender an easier time taking medications but also print the drugs he envisions right in the home. “I’m hopeful that with the help of novel approaches like this, we can move from an era of intermittent data, reactive one-size-fits-all therapy,” he says, “improving health and medicine across the planet.”
When it comes to health, we’re not as divided as we think we are, says Rebecca Onie. (Photo: Marla Aufmuth / TED)
Divided on healthcare, united on health. The American conversation around healthcare has long been divisive. Yet as health services innovator Rebecca Onie reveals in new research, people in the US are not as polarized as they think. She launched a new initiative to ask voters around the country one question: “What do you need to be healthy?” As it turns out, across economic, political and racial divides, Americans are aligned when it comes to their healthcare priorities: healthy food, safe housing and good wages. “When you ask the right questions, it becomes pretty clear: our country may be fractured on healthcare, but we are unified on health,” she says. The insights from her research demonstrate how our common experience can inform our approach to pressing healthcare questions — and even bring people across the political spectrum together.
Medicine isn’t made by miracles. Our narratives of our greatest medical and healthcare advances all follow the same script, Darshak Sanghavi says: “The heroes are either swashbuckling doctors fighting big odds and taking big risks, or miracle drugs found in the unlikeliest of places.” We love to hear — and tell — stories based on this script. But these stories cause us to redirect our resources toward creating hero doctors and revolutionary medications, and by doing so, “we potentially harm more people than we help,” Sanghavi says. He believes we should turn away from these myths and focus on what really matters: teamwork. Incremental refinements in treatments, painstakingly assembled by healthcare workers pooling their resources over time, are what really lead to improved survival rates and higher-quality lives for patients. “We don’t need to wait for a hero in order to make our lives better,” Sanghavi says. “We already know what to do. Small steps over time will get us where we need to go.”
Jessica Care Moore performs her poem “Gratitude Is a Recipe for Survival” to close out the salon. (Photo: Marla Aufmuth / TED)
She has decided to live. Poet, performer and artist Jessica Care Moore closes out the salon with a performance of “Gratitude Is a Recipe for Survival” — a vigorous, personal, lyrical journey through the mind and life of a professional poet raising a young son in a thankless world.
TEDSalon Optum - July 31, 2018 at ARIA Resort & Casino, Las Vegas