Off Chain with Jimmy Song – What is the Bitcoin Improvement Proposal Process and how does that work?

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1996 – 2018 Marriott International, Inc. Turn on desktop notifications for breaking stories about interest? Turn on desktop notifications for breaking news? Can big-spending US consumers and businesses sustain growth? FILE – This May 1, 2018 file photo shows Merck corporate headquarters in Kenilworth, N. FILE – In this Monday, Jan.

Off Chain with Jimmy Song - What is the Bitcoin Improvement Proposal Process and how does that work?

21, 2016, file photo shows the New York Stock Exchange. FILE – This March 24, 2018, file photo shows a sign in a Starbucks in downtown Pittsburgh. 10, 2017, file photo, visitors walk around a gallery of the Nissan Motor Co. The logo of Hyundai Motor Co. Music: Breaking or Bringing Stigma Towards Therapy?

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Are Heroism, Philanthropy, and Religion About Showing Off? Enter the terms you wish to search for. Thinking Outside the Box: A Misguided Idea The truth behind the universal, but flawed, catchphrase for creativity. Although studying creativity is considered a legitimate scientific discipline nowadays, it is still a very young one. If you have tried solving this puzzle, you can confirm that your first attempts usually involve sketching lines inside the imaginary square.

The correct solution, however, requires you to draw lines that extend beyond the area defined by the dots. The symmetry, the beautiful simplicity of the solution, and the fact that 80 percent of the participants were effectively blinded by the boundaries of the square led Guilford and the readers of his books to leap to the sweeping conclusion that creativity requires you to go outside the box. Overnight, it seemed that creativity gurus everywhere were teaching managers how to think outside the box. Management consultants in the 1970s and 1980s even used this puzzle when making sales pitches to prospective clients. Because the solution is, in hindsight, deceptively simple, clients tended to admit they should have thought of it themselves. There seemed to be no end to the insights that could be offered under the banner of thinking outside the box. Indeed, the concept enjoyed such strong popularity and intuitive appeal that no one bothered to check the facts.

No one, that is, before two different research teams—Clarke Burnham with Kenneth Davis, and Joseph Alba with Robert Weisberg—ran another experiment using the same puzzle but a different research procedure. Both teams followed the same protocol of dividing participants into two groups. The first group was given the same instructions as the participants in Guilford’s experiment. The second group was told that the solution required the lines to be drawn outside the imaginary box bordering the dot array. Would you like to guess the percentage of the participants in the second group who solved the puzzle correctly?

What’s more, in statistical terms, this 5 percent improvement over the subjects of Guilford’s original study is insignificant. Let’s look a little more closely at these surprising results. Solving this problem requires people to literally think outside the box. Yet participants’ performance was not improved even when they were given specific instructions to do so.

That is, direct and explicit instructions to think outside the box did not help. That this advice is useless when actually trying to solve a problem involving a real box should effectively have killed off the much widely disseminated—and therefore, much more dangerous—metaphor that out-of-the-box thinking spurs creativity. After all, with one simple yet brilliant experiment, researchers had proven that the conceptual link between thinking outside the box and creativity was a myth. Of course, in real life you won’t find boxes. But you will find numerous situations where a creative breakthrough is staring you in the face. They are much more common than you probably think.

There are many theories of creativity. What the latest experiment proves is not that creativity lacks any association to thinking outside-the-box, but that such is not conditioned by acquired knowledge, i. These improvements current lots of substantial options but also pose main troubles. A person of the most considerable outcomes of the progress of info technologies is most likely electronic commerce above the Internet, a new way of conducting organization. It indicates the seamless application of data and conversation technology along the entire benefit chain of a company that is done electronically. India or other nations where the wages are a great deal lower.

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D, and distribution teams in shut speak to with the producing teams. The technologies permits different sorts of work and employment to be decoupled from one another. Desktops and interaction systems also promote additional current market-like kinds of generation and distribution. Removing of intermediaries would minimize the charges in the production and distribution worth chain. Nonphysical merchandise, this sort of as computer software, can be delivered electronically, doing away with the whole transportation channel. Payments can be performed in new ways. I conduct soft skills training and outbound training for Corporates and individuals .

To enhance creativity we motivate the participants to approach the problems from variety of vantage points . Even repeatedly checking the boundary conditions we are able to come up with variety of ways of solving the problem . This is akin to checking the walls of the box . With all due respect, Professor Boyd, your argument is not at all compelling. To refer to TOTB as “dangerous” is naive, at best.

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I, personally, have seen the positive, tranformative effects of not only the 9-dots exercise, but also the occasional use of the term to remind individuals after-the-fact about the value of thinking differently. The experiment you refer to doesn’t even come close to proving what you suggest that it does. To use the term “proving” in an argument like this is laughable. In real life, you absolutely WILL find boxesthat is, if you understand what the term “box” refers to. It is precisely how the human mind works. We all think in boxes all the time. A different — and very healthy, positive, and productive — way to think about TOTB is to understand that it merely represents an insight that can remind an individual to consciously become aware of limiting assumptions.

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And, upon such awareness, to open ones mind and imagination to actively explore new possibilities beyond the obvious or initial answer. I couldn’t have said it any better TOTB is a beautiful skill to have. I’m all about TOTB and the best way to TOTB is to fully understand the box in the first place and why some people are scared of TOTB hence also lacking the ability to do so. I think much of which is vaguely labeled “creative thinking” is actually the result of healthy skepticism. We should make a habit of challenging conventional wisdom and the way things have always been done. On encountering the conventional approach, our attitude should be doubtful: “Well, that might be right, but I will have to think about it. Fold the paper so all the dots ovelap.

Use four lines to connect four dots. Hold the folded paper up to the light. I play chess with my pc, an beat it all the time, and the reasoning is I do not think logically, like the pc does . I do not play by the rules, I can play without the queen. If was going to tell you about an airplane the TR-3B, it travels a little bit under light speed, an it uses nuclear fusion, which turns into plasma an powers the craft, that was built outside the box.

You my brother, do not have the inkling of understanding to think outside the box. Japanese traders have found that candlesticks form interesting patterns in the seeming market chaos. These candlestick patterns are LEADING indicators and they can be used to make a profit if used correctly and effectively. The “Forex Candlestick Tactics” ebook reveals powerful methods to trade candlestick patterns combined with standard technical indicators. Should We Use Technology to Make Us More Creative? Structured tools boost, not limit, our creative output.

New research suggests we have a tendency to look like our names. 2017 New Year’s Resolution: Be More Creative Taking the time to learn creativity is worth it! Business: What is the Stock Market Thinking? Creative Thinking Outside the Box: better if it’s leaky! June 2017 The gadarene rush towards renewables has enhanced our lithium exposure, with Bacanora and Critical Elements vying for credibility in that sector. Amongst other favourable moves, Grande West has thrived with its production of buses for the United States and Canadian markets, and Shopify, has been a huge beneficiary of the growth of Amazon and other areas of the technology sector.

2013, and as the State reduces its involvement in the economy, growth is showing levels of 12-12. PZ Cussons more recently shows signs of sloughing off some of its Nigerian malaise, with a better set of figures, and improved share price. Given the huge appreciation in the price of Unilever and the interest expressed briefly by the Buffet consortium, it would appear a strong hold, despite the disruption inherent in its main market of Nigeria. There are several more successes secreted within the portfolio, as it re-balances the predominance of resources: BAT has until recently been a stellar performer, as has Melrose in engineering, RWS in Patent protection, and Porvair in filters. Victrex has been buoyed by that rarest of rare events where its patents have earned a reduced level of taxation from HMRC under the UK Patent Box legislation.

A fine business adapting its engineering expertise to modern technology. It is to be hoped that Goodwin, supplying the castings for the worldwide energy and defence sectors, as well as jewellery lost wax casting, has passed the nadir of its decline in profits amidst the reduction in demand in the carbon fuel sector. J Mucklow in industrial units within the Midlands, Phoenix Group in its absorption of closed pension funds, and Palace Capital with its astutely managed property portfolio, primarily outside the London and RSA Insurance have all helped reinforce the dividend income flow, which had faltered from the mining sector. Troy’s fall from grace has been precipitate, prolonged and unpalatable, partly a result of the pit-wall failure followed by an interested party selling during a close period. 165 billion, and increased the royalty payable by Shanta amongst other mines. The vicissitudes of business in Africa have in recent years become more oppressive, as witnessed in South Africa where a corrupt President has succeeded in resisting impeachment by a small margin, and the suggestion of additional shares for Black Empowerment participants is a continuing threat.

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We have sadly disposed of our holding in Impala Platinum, long a stalwart of the dividend payers as platinum demand soared to supply exhaust catalysts. Dieselgate’ imbroglio and rise of hybrid cars along with Labour unrest has made its retention less appealing. Perhaps the hydrogen car will come to its rescue. The deterrent to inward investment other than from China, appears only partially perceived. EU to tax or fine Apple, Google and other titans of technology for perceived infringements against the predominance of the Old World order.

The latest lunacy within Britain is the announcement that the sale of new diesel and petrol cars will be prohibited by 2040. The presumption that our national power supplies will have miraculously emerged from a prolonged moratorium on the continuation or building of thermal-powered electricity, with Hinkley Point way over budget and behind schedule, and succeed in producing significantly more power to recharge a glistening array of electric vehicles is to our mind at least utterly fanciful. Moreover the huge advances achieved in the development of internal combustion engines over recent years has brought them to a point of perfection, where only minor improvements are now needed to eliminate the worst excesses of particulates and other emissions. Once again a political diktat has been imposed on one of Britain’s most important employers, without it would seem any consultation with those manufacturers. The market should remain supreme, unleashing all its magnificent power of innovation and development, with only gentle nudges from government to uphold law, avoid perverse consequences and ensure the appropriate treatment of employees.

Sadly the financial sector faces similar challenges, where MiFID II is the ogre on the horizon, and its implementation in January 2018 is likely to lead to a vast array of complications and unintended consequences, not least the devastation of the stockbroking research sector, as payment will have to be apportioned for research received, rather than bundled up with commission fees. We sense the blunders of Brussels, aided by a British bureaucracy only too keen to usurp the market mechanisms that have successfully managed the monitoring for many years. It will be very hard to rebuild the structures and firms that have grown over the years, if this bulldozer approach flattens the whole sector, or at least its smaller participants. One wonders whether Britain will emerge any better once its departure from the EU is assured. 1985 of the role of District Surveyor, who monitored Building regulations rigorously and impartially. The new Editor of the Evening Standard, not content with piling abuse on Theresa May, has left a toxic legacy in the housing market, where grotesquely excessive stamp duty has brought London’s housing market to a shuddering halt, and greatly distorted that of the major part of southern England.

Off Chain with Jimmy Song - What is the Bitcoin Improvement Proposal Process and how does that work?

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The failure of large housebuilders to build at a rate to satisfy the needs of the younger generation also threatens the social fabric of the country, and is grist to the Corbyn mill of State Socialism. Argentina to issue 100 year debt, and Iraq to borrow at 6. 7 times, shows no shortage of money-lenders taking a different view. The unpredictable character of Donald Trump, the revenge-seeking of his erstwhile opponents, and the continuing failure of any of his reforms to be enacted into law, mean that some of the uplift originally expected from infrastructure spending and tax reform may never occur. August will have off-set some of this benefit, but despite the significant challenges of rate reviews, living wage, apprenticeship levies and increased alcohol duty, we would expect the sector to continue growing, even if at a reduced rate.

With debt reduced, and a good balance within the portfolio of stable and long-established companies, we see no reason that your company’s progress and recovery should not continue. The outlook for the UK is clouded by the impasse confronting Britain’s negotiators over leaving the EU: it would appear that elements within the European Commission are determined to punish Britain for its temerity in voting to leave, and to fulfil the predictions of disaster made by all and sundry prior to June 23rd. At all costs the departure must not be seen to be a success, hence the suggestion of skyhigh leaving bills, and other malignant manoeuvres. Concomitant with this uncertainty, the good economic figures Britain has enjoyed up to now are beginning to fade, under the burden of rising import prices, and cost increases resulting from apprenticeship levies, living wage and a variety of extra regulations. We are therefore somewhat sanguine on the outlook for UK centred companies, although our overseas investments should benefit from any further weakness of the pound. The Board are currently evaluating a number of proposals for the future of your company and hope to be able to advise shareholders accordingly in due course. Proverbs XV v 22: Without counsel, purposes are disappointed, but in the multitude of counsellors they are established.

Our appreciation is due in spades to the dedication and effort displayed by the unflappable Una, ever-positive Abbie and consistency of Nancy and Nick in making the management of the company run so smoothly. We are indeed grateful for their support and achievements. The Board has resolved to propose a final dividend of 2. 28 November 2016 to Members registered on the books of the Company at the close of business on 28 October 2016. Although this puts us back more or less where we started in June 2015, the expectation that the mining market, and gold, were yesterday’s ideas has been rebuffed, even if temporarily. It is heartening to hear in recent weeks some of the sagest investment minds saying that we are moving into uncharted waters, and therefore increasing their exposure to gold. Whilst marking time is not a seductive investment philosophy, we do believe that the reduction in debt achieved over the last year, and a fall in our exposure to Swaps, whilst increasing our exposure to larger-capitalisation stocks, has provided a much more secure base from which to approach the challenges ahead.

Young’s and Halstead, backed up by the gold exposure from our miners, does answer some of those challenges, despite the shortcomings of the metals during the mining-slump of the past few years. Looking at a few of our individual stocks, Hurricane hit a low around the 9p level in the spring, but has since bounced above the 30p mark, as two funds took advantage of its depressed level, sensing the opportunity in its stranded oil West Shetlands deposit. Its drilling result announced on the 9 September has validated the optimism of its chief Geologist and seen a huge rise in its share price, as good as the Pantheon Resources results were disappointing. We were pleased to welcome Dominic Scriven OBE and his team’s Vietnam Enterprise Investment Fund to a London listing in early July, and are grateful for his dedicated stewardship of a significant holding for us, opening doors successfully to one of the more populous and promising Asian markets. Shanta Gold has also recently revealed greater reserves than previously assessed, and continues its recovery, at its various projects in Tanzania.

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Troy has recovered from its mid-winter lows, but the volume of rain in Guyana has restricted its ability to meet its production targets, and it has once again made recourse to capital raising in recent weeks. The ride at Pantheon Resources has certainly been anything but dull in recent months even if hopes for a further extension to its Texan oil deposits were recently dashed, along with the share price, by drilling complications. Whilst the shorts might have the upper hand for now, we will wait for a recovery to emerge. That has thus far been the case at Cadiz, the water project in the Mojave Desert in California that has been the subject of a sustained shorting attack. Along with Shell and British American Tobacco, there is considerable comfort to be had from bolstering the portfolio with these larger companies, even if growth will tend to come from the successful selection of smaller companies. Investors are increasingly seeking higher-yielding stocks, often via the medium of ETFs and as a consequence their valuations are rising to perhaps unsustainable levels, whilst those beneath the radar of many brokers’ lists continue to present compelling value. Ocean Wilsons is also thriving despite the vagaries of the Brazilian economy.

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MP Evans, having paid a special dividend with the proceeds of the sale of its Australian cattle station, stands to benefit from an increase in the palm oil price, as does REA, after enduring a period of impairment from low yields and low prices. Select Harvests is also beginning to see a recovery in the almond price, and tiny Fulcrum, providing electricity services to several major entities, has risen dramatically in the past year. As some shareholders had expressed concern at the investment performance of the Company, the widening discount to net asset value and the lack of liquidity in the shares, the Board consulted with some of the larger shareholders who reemphasised these concerns. Chancellor’s predictions of penury bordered on the treasonable, not to mention with hindsight, laughable. This must be added to his deplorable record in making the tax system fiendishly complex, primarily for political reasons, and putting paid to the London property market, Buy to let and imposing the egregious Living Wage. What we do know is that the pension and savings systems of most of the Western world have over the last 10 years been brought to the borders of insolvency by the imposition of microscopic rates of return.

More of the same seems currently the only solution on offer. The recent collapse of the Hanjin Shipping Line, whilst presaging a rise in freight rates, has highlighted the grotesque overcapacity in the container market, and also that of port capacity. What a marvelous change to see Mrs. May confounding the perceived wisdom of 50 years by allowing the creation of new Grammar Schools.

Sadly she has not scrapped the deeply dubious Hinkley Point but perhaps may bite the bullet and dispose of HS2 and reverse the closure of our remaining Coal-fired Power stations whilst accelerating the building of several more runways. Faced with the prospect of a Fool or a Knave, as some have described the choice facing the United States electorate, having some protection against possible rises in interest rates, along with gold, does seem to make a degree of sense. We could well be entering another era of favourable prices for Precious metals, where even the despised Platinum shares are making a comeback. We are therefore continuing our search for well-financed projects with substantial gold reserves, along with other metals such as lithium as we move further into the era of electric vehicles and the storage of electricity.

We will back these up with value positions where there is a significant discount to assets, along with companies possessing an especial edge in technology or licences, such as Renishaw. The celebrations of Her Majesty’s 90th Birthday, followed by the warm glow of Rio, and the dominance of the British Eights, Four and Women’s Pair will take time to fade. Along with so many other sporting successes this summer they are tributes to outstanding individuals and dedicated and hugely competent management and coaching teams. We believe that despite the initial antagonism of many of the young and bright of today, Britain’s future as an independent Nation, free of the shackles of a Socialist, dictatorial and undemocratic union will be bright. Blessed be the Lord, who hath not given us as a prey to their teeth.