What Happened to the Guys Who Invested Their Life Savings in Cryptocurrency?

Kyle is referring to the second half of 2017, when the price of Bitcoin – a decentralized digital currency commonly referred to as cryptocurrency – went from being worth $3,000 a coin in May of that year to its peak of $20,000 per Bitcoin just seven months later.

A self proclaimed “Crypto millionaire.” “That’s when I invested blindly what I had left from my savings. Boy I had no idea. It went well as you might know. I also had the right timing when I switched from Ethereum to eos one year later. My initial investment was suddenly worth about almost 100x in a liquid market. Worth about a million [dollars]. I didn’t tell anyone about that apart from my parents, my best friend and the colleague who told me about crypto.”

Noel points to eos – the same cryptocurrency company that upended redditor soundsoviel’s life – as the peak example of how absurd the speculation around cryptocurrency became.

As Joseph Borg, president of the North American Securities Administrators Association, explained to CNBC in December 2017, many people beyond the redditors above were taking out mortgages to get in on the crypto mania.

“We’ve seen mortgages being taken out to buy Bitcoin. People do credit cards, equity lines,” Borg told CNBC. “This is not something a guy who’s making $100,000 a year, who’s got a mortgage and two kids in college, ought to be invested in.”

More to Borg’s point, the same CNBC article reported that roughly 18 percent of people who buy Bitcoin do so using a credit card, according to a 2017 survey by loan marketplace LendEDU. “Of those, 20 percent have not paid off their balance,” per the 2017 CNBC report.

The first cryptocurrency index fund, tells me that it’s tragic to hear that people were mortgaging their financial situation to make investments in Bitcoin or other digital currency assets.

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Reactor turns greenhouse gas into pure liquid fuel: Lab’s ‘green’ invention reduces carbon dioxide into valuable fuels — ScienceDaily

A common greenhouse gas could be repurposed in an efficient and environmentally friendly way with an electrolyzer that uses renewable electricity to produce pure liquid fuels.

The catalytic reactor developed by the Rice University lab of chemical and biomolecular engineer Haotian Wang uses carbon dioxide as its feedstock and, in its latest prototype, produces highly purified and high concentrations of formic acid.

Formic acid produced by traditional carbon dioxide devices needs costly and energy-intensive purification steps, Wang said.

The direct production of pure formic acid solutions will help to promote commercial carbon dioxide conversion technologies.

“The polymer-based solid electrolyte is coated with sulfonic acid ligands to conduct positive charge or amino functional groups to conduct negative ions.”Usually people reduce carbon dioxide in a traditional liquid electrolyte like salty water,” Wang said.

The researchers expect to achieve higher concentrations from next-generation reactors that accept gas flow to bring out pure formic acid vapors.

“The big picture is that carbon dioxide reduction is very important for its effect on global warming as well as for green chemical synthesis,” Wang said.

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To Control Your Life, Control What You Pay Attention To

Or said another way: you must control your attention to control your life.

Instead, control your attention to control your life.

If that doesn’t work, try going to a different part of your office, or even another floor of your building.

Decide to take control by turning off email and “push” notifications which are specifically designed to steal your attention.

Attention ManagementTo be consistently productive and manage stress better, we must strengthen our skill in attention management.

Better attention management leads to improved productivity, but it’s about much more than checking things off a to-do list.

The ultimate result is the ability to create a life of choice, around things that are important to you.

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