July 01 2017
HAPPY CANADA DAY!
We are here for another year- celebrating 150 years of our beloved homeland Canada- the best country in the world we are told again and again. Well I love hockey and wide open spaces so it works for me!
Our indigenous brothers have a slightly different viewpoint about this celebration and some are more vocal about that fact, so it has become general knowledge that not everyone is on the same level of happiness regarding this milestone. However it appears we are taking steps to right this more or less unrightable past – and move forward together the best we can in the style which has become one of the strengths of Canada, sharing and celebrating differences rather than castigating each other for them.
Well- in reality we are one of the most highly taxed and severely regulated countries- now those at the top (ie. part of the alleged monopoly) reap all kinds of benefits and can travel freely to live as they wish-so the restrictions and taxes don’t really apply- while the ones left at home are shepherded and their wool is reaped repeatedly – however- if you work hard for a number of years or get lucky once or a few times, (or the third option is always to lie and cheat to get ahead…) -then you can do very well!
But enough about that – it is safe and secure and you just have to focus your energies and surround yourself with people on the same mission and you can exceed with the infrastructure which the hard work of our forefathers and present people have managed to put into place.The point is the opportunities are around, and in fact we are in an extended phase of the worldwide economic cycle wherein they abound!
With all that being said the opportunity to join the explosion in innovation is firmly in place and we are going to present a series of articles on cryptocurrency technology, the growth of the cannabis industry, health and science industry advances and innovations in general which are making this a great time to be alive!
BITCOIN – THE BLOCKCHAIN AND CRYPTOCURRENCIES
Cryptocurrencies and blockchain innovation are here and are rapidly changing the world by bringing transparency to transactions. In a nutshell this is the strength of this new development. Along with saving money and numerous other contributions, the foundation and core is the fact that a deal is now a deal is a deal. If I make a contract to pay you (known as a “smart contract”) then it is displayed on every computer node on the particular blockchain network, and executes automatically as programmed. This is the strength of the system and attacks on this can be seen and planned against. The tech people in this world are smart cookies! This is a phenomenal development – one that most people don’t really have a clue about, but which we have been following very closely, and it is real.
Having attended enough Bitcoin Decentral meetups and Ethereum meetups, I am completely blown away at the intelligence we have in our midst. To follow the logical developments that need to occur to realize the vision of the mysterious Satoshi who started Bitcoin and the blockchain movement and the uber brilliant Vitalik Buterin who advanced it to the next stage with Ethereum is to be truly humbled by what a little math can do. And I mean that with tongue firmly in cheek, it is a Lot of Math. I have seen Vitalik speak in person several times and follow him on Twitter and his clarity of thought is beautiful to witness, and the moralistic vision of this new technology is going to change the way we live for the better I believe.
It will be interesting to see how the powers that be deal with it- because it is difficult to buy out- since it is happening so fast and is in fact so transparent. In fact Russian president Putin (like him or hate him) has recently met with Vitalik because Putin wants to expand Russia’s income sources and he has had wise enough advice to see that this is the future. In fact Russia sees itself as grabbing a place as a pechnology leader in this new age of Internet 3.0. And Russians have traditionally been excellent mathematicians since it is more a part of their culture than other countries it seems, so they could actually give the west a run for their money.
In a recent article from cointelegraph.com,
“first Deputy Prime Minister Igor Shuvalov said that Putin is really enthusiastic about the idea of building a new digital economy in the country and shared that at the moment at least three directions of Blockchain application are being explored and tested, which include the tracking of goods, building identity as well as ownership rights protection systems.”
If anything this will inspire more people to get educated and join into this fantastic new technological development, of which Canada has a very healthy headstart thanks to people like Vitalik and Anthony Diiorio who started Bitcoin DeCentral and is CEO and Founder at Jaxx and Decentral, and was a founder of Ethereum. You can follow both of these brilliant people on Twitter and LinkedIn.
Please stay tuned for more articles on cryptocurrencies, developments in the cannabis world plus the explosion of technologies which we are lucky to be able to witness and be apart of in our world today.
People have been around for a long time, Canada has been around for 150 years and The Canadian Junior Report has been around to watch for the past number of years. Rock on!
Author: Brian Allossery
Twitter – @canadianjunior