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Start Using Fence.
Something occurred to me last night. The grind up to higher level traders really sucks - you have to use poor gear and poor ammo against people who have access to far better stuff for effectively the same price. Before the flea market change, you could just buy the flipped items for a small markup, but now it's impossible for a level 20 player to buy a threaded 5-7 barrel, or magazines for that 5-7, or even just 20-rounders for that cool SR-25 he grabbed from a raider. The game all but forces players below a certain level to sell those items to the vendor, and they cannot use them. But we can still use Fence. Players like me, who have tens of millions of roubles floating around and a hideout that keeps adding to them, don't need the 30k of net loss that happens when we buy 10 .308 pmags and sell them straight to Fence. But that simple act will make someone else's day, because suddenly he can use guns that he otherwise would not be able to. It's like this for a lot of items. Some items, like 5.56 magazines, aren't really needed since they can be bought from level 1 traders, or others may be commonly found in raid and thus readily available on the flea market. So, here's a list of some items I've thought of that casual and new players would really benefit from having sold to Fence.
30-round 7.62x39 magazines
20-round 7.62x51 magazines
Face shields (including damaged ones)
M855a1 (just sell 200 to Fence, it's like a 30k net loss. Other high tier ammos too, but those get to be pricier)
Five-Seven magazines and threaded barrels
HK E1 stocks
Advanced buffer tubes
RK-3 pistol grips
RK-2 vertical grips
MP7 30 and 40 round magazines
9x19 AP 6.3
Lantac Dragon muzzle brakes (ESPECIALLY 7.62x39)
I'm sure you can think of more, too. But yeah, I figure that my Bitcoin farm can really help some people out when I start dumping all of these into Fence.
Global internet / internet everywhere is being worked on with Space-x "StarLink", thousands of satellites connecting everyone globally to the internet. Therefore infrastructure for the digital currencies,
Too private makes it ideal for illegal activities. / Can't be controlled as easy, taxed as easy.
All of the above is a partial list of factors devaluing the Dollar and trust in it from several ways and views. At the end of the day it has a huge amount of enemies, that are all looking for ways to get out of it. Some of what I'm seeing personally.
Prices are outpacing wages.
Education is required for a good job vs how things used to be, jobs are getting more technical for same wage value.
Real Estate has been rapidly climbing in price, even homes that haven't been remodeled. A $80,000 home in my area is now $180k in the last 6-7 years. Wages haven't moved.
Rents have been climbing with the real estate prices.
Taxes have increased on said real estate
Insurance cost are up
Repair costs are up
It is a death spiral for the working person, where it used to be "No more than 30% of your wage going to housing" It is now well over 50%....Just look at this recent post in Frugalhttps://www.reddit.com/Frugal/comments/ifqah1/is_it_normal_for_a_third_to_a_half_of_you?utm_source=share&utm_medium=web2x&context=3 This death spiral I foresee getting worse. And historically any "tax" / regulation cost will just be passed down to the consumer in form of increased prices until people / businesses move elsewhere as we've seen in several cities around the US. So what can we do? Buy Gold! Silver! Bitcoin! Stocks! I hear people roar, They aren't exactly wrong as history shows... but have you considered the 30-40% tax on the "gain"? Even when that asset buys the same value before tax? What if the government makes it illegal like the 1933 order: 6102 Where you couldn't own gold for nearly 50 years? You're frozen out, or even out on taxes (which will likely be more strict and controlled later in time). I'd say Invest in things that will
Help you be independent
Can help you save
That you will use anyways in normal living
Things that can be productive not only for you, but for others $
Bonus points if its easy to trade off / has demand
Extra bonus if it is durable (lasts many years)
Helps your health
Metals are the next step when a person has plenty of the above. You get to a point where you have hundreds of thousands, if not millions that you need to condense into something real. It is all about the savings or productivity gain of the investment. For instance I would wager that many preppers have gotten more use / value out of a $800 clothes washer than a $800 rifle. (have you ever had to do manual laundry???) Sure the rifle will hold value...but it often doesn't pay you back with time / what it saved and / or what it has produced during its life unless you are using it. Same can be said of security cameras, a generator, a tractor, trailer, garden, tools, ect. Look at history even, in countries that have experienced hyperinflation people that already had tangibles they regularly use were way ahead. It could even be honey, a tool, extra maintenance parts, can of food, that bottle of medicine, a computer to keep your intel on point, (cough # PrepperIntel plug) use of your equipment to do or make something for someone. Real Estate is good too, it rides inflation well and has many ways of being productive. Your metals could be sitting there like the rifle, and could be subject to hot debate and laws. Meanwhile that garden is paying back, chainsaw is helping saw up wood, or your tractor is helping a job, your tools just helped you fix something / saved you much loss, Your security stopped a loss not by a person, but an random animal stealing things. Or that $25,000 solar array is paying you back by the day in spades...while making you independent...running all your tools you're using to make things to sell, and even heating / cooling some of the house with the extra juice while places around you experience rolling blackouts. You were even smart and took the current 24% tax benefit the government has saving you $5000 on it for batteries. Don't get me started if you have an electric vehicle with solar... I'm rambling at this point...and all those stealthy / direct and passive background savings...even if the crap doesn't hit the fan. So anyways, With out of control central banks and big governments, digital currencies, How do you think it will play out? Are we heading to dystopia?
Market News Bitcoin broke through resistance rallying to a high of $12,500 on Monday. The breakout was short-lived however, as prices soon returned to the previous range. This volatility is typical of a Bitcoin bull trend, a healthy retracement while the flagship cryptoasset continues to captivate an ever-expanding community of followers. Global stocks responded poorly to the US Fed’s minutes that revealed no solid accommodative commitment to keeping bond yields capped - as Japan currently does - while the political deadlock in the US over stimulus measures, and relatedly, the speed of the pandemic recovery both remained in question. European and most Asian indices were down, while the S&P500 peaked Wednesday at an all-time high before faltering to end the week mildly up. US tech led the pack once again, offsetting the declining energy and financial sectors. Gold ended largely flat after initially breaking out back above $2000/oz with pandemic recovery doubts and a weaker dollar, but failed to hold onto these gains as bond yields ticked up amid massive issuance of US debt and the Fed’s comments. Industry News
Market News Bitcoin broke through resistance rallying to a high of $12,500 on Monday. The breakout was short-lived however, as prices soon returned to the previous range. This volatility is typical of a Bitcoin bull trend, a healthy retracement while the flagship cryptoasset continues to captivate an ever-expanding community of followers. Global stocks responded poorly to the US Fed’s minutes that revealed no solid accommodative commitment to keeping bond yields capped - as Japan currently does - while the political deadlock in the US over stimulus measures, and relatedly, the speed of the pandemic recovery both remained in question. European and most Asian indices were down, while the S&P500 peaked Wednesday at an all-time high before faltering to end the week mildly up. US tech led the pack once again, offsetting the declining energy and financial sectors. Gold ended largely flat after initially breaking out back above $2000/oz with pandemic recovery doubts and a weaker dollar, but failed to hold onto these gains as bond yields ticked up amid massive issuance of US debt and the Fed’s comments. Industry News
This wipe I have progressed more than I have in past wipes, and I think a lot of it has to do with my play-style changing. I know I am still nowhere near as stacked stash wish or stats wise than a lot of players, but thought I might share some hints and tips for new players that have been helpful for me. I play mainly duos, sometimes trios with a couple of mates. My play style is relatively quiet (i.e. little sprinting, lots of pausing walking to listen) until I engage the enemy, then as much aggressive flanking and pushing as possible. So you can see where I currently am this wipe my stash and play stats are here (it's zoomable). TLDR - 41% Survival rate, 120mil stash value, 5.77 KDR. So onto the tips: 1) Optimise what you bring out of raids:
I almost never bring armourigs that I have looted out of raids in a backpack, although I might drop my armour to wear a level 5 or 6 armour off someone I have killed if it is high durability and I didn't shred it.
Make sure your bag is always full (but you're below ~50kg if possible). Pick up any loot at the start of the raid, but put the low value stuff at the top of your bag, **then as you find more valuable items to loot drop the less valuable items to make room.**For me the best example of this is weapons. I will almost never end up bringing a full weapon out of a raid in my bag, instead I'll strip off the valuable parts and dump the weapon carcass, however if I don't find anything valuable to replace the weapon itself then best to take it for that extra few tens of thousands roubles.
Over time you'll learn the value of items commonly found in raid, a sugar is worth quite a bit more than a CPU for example (around four times the value), but it can take a while to learn this.
2) Run. Good. Ammo
It might cost a lot, but I would rather run an unmodded gun than run subpar ammo at this stage in the wipe. Everyone and their mam are wearing class 5 or 6 armour and you simply won't kill them with shitty ammo.If you are too poor for good ammo, then run Reserve for all your scav runs. There is enough BT/BS 5.45x39 sitting around on the map to fill a backpack with, and you can quickly stock up with it in your stash.
I mainly run M995, M61 and BS, but you can get away with M855A1, M856A1, M62 and BT/7N39 if you want to go a little cheaper.
3) Keep what you loot in raid
I know stash size is an issue, especially for Standard Edition players at the start of a wipe. However, the more you sell and then to re-buy the more money you are wasting. Keep weapon parts you use, keep food and drink, keep meds, keep helmets and armour you use. Prioritise buying cases to hold all of this. If you do this you'll find that quickly you can start running raids and only needing to buy one or two things. It really keeps the cost down.
4) Run gear appropriate to your stash
Have a budget, intermediate and chad loadout and stick to them if you can, mine are below (but for those with lower stash size I would adjust them down in cost:
My budget kit - Trooper armour, ACHHC helmet, blackrock rig, P90, one grenade, meds
My intermediate kit - AACPC rig, Fast MT helmet, M4A1 with silencer and valday scope, three grenades, meds
My chad kit - Slick plate carrier, Altyn, silenced HK/M1A/M4A1 with REAP-Iside-mounted PK-06, six grenades, meds (including injectors [adrenaline, ETG, propital])
If you have a low stash I would run a hunter with 10 round mags (M61 for first mag or two then M62), headset, level 3/4 armour, face cover but no helmet, berkut backpack.
5)Make the most of your hideout
Upgrading the hideout can make you a lot of roubles.
The bitcoin farm is a gamechanger, but the mag case craft in the toilet and the ammo crafting are also good money makers. The Scav case can also make you dosh.
6)Once you have engaged an enemy play aggressively
This doesn't mean run head on towards them.
Instead it can be very effective to re-position fast and engage from a different direction.
Don't hold the expected angles, a substantial and rapid flank can really surprise the hostile(s), especially if you are continually moving after each trade of fire.
Re-peaking the same angle is sub-optimal unless you have no other choice. If you don't have a choice then use grenades to force the enemy into cover whilst you push.
7) Sound is your friend
Obviously sound gives you a lot of clues as to where the hostiles are, what gun they are running, whether they are geared (for example, lots of grenades going off likely means there is either a boss scav, or the hostile PMCs in that direction are geared
Stop walking every so often to listen, your footsteps cover other sounds, so pausing (in cover) can give you an idea if anyone is close to you.
Don't sprint until you're engaging the enemy. The sound of sprinting carries a long way and will let everyone know where you are, use it to flank and cover open ground, but don't use it if you can avoid it.
Pick your route carefully looking at the ground. There may be wood or metal items on the ground that will make a lot of sound, avoid them if possible.
8) When poor, scav in
Self explanatory, but when you don't have roubles then scav in. You can get enough for two or three low budget PMC runs from one good scav run. I prefer reserve or interchange to scav into, as there can be a lot of valuable items left around and you can easily have 300-700k scav run.
9) Complete quests
The quests are the fastest way to level, and really help you make money. They also help you learn maps. Do them as fast as you can to level up rapidly. If you are having difficultly with a quest then run it at night time (close to dawn or dusk is good as it will be light enough to see without NVGs).
10) Don't be afraid to use gear
Survival rates tend to rise as you use better gear. That barrage of shots that would have mowed you down as a hunterling may just bounce off your level 5 rig.
If you are broke and find decent gear in raid don't stash it away and never use it, either sell it or give it a run and see how it goes.
11) Play with others
Find a few buddies on the unofficial discord (in the sidebar I think) and stick playing with them, learn how to complement each others' play styles and you'll quickly find more success in game.
This is a hard game solo. It's fine once you have some experience and you can definitely succeed at it, but for someone who is on their first wipe I wouldn't recommend it.
I hope these tips help at least one person! Happy to expand on any of them if anyone has questions....
I've heard that founder of MakerDAO is not strictly against KYC. I have a message to whole community and specifically to a founder of MakerDAO Rune Christensen. I will explain using concrete examples why having KYC in MakerDAO is a grave mistake and it will lead to MakerDAO fork. Many people in the first world never actually understand why financial privacy and financial inclusion is important. Even people (in the first world) who seemingly supportive of such ideas are not able to provide any concrete examples of why it's actually important. Unfortunately, I was born in a "wrong" country (Uzbekistan) and I experienced first hand what financial exclusion actually means. I know first hand that annoying feeling when you read polite, boilerplate rejection letter from financial institution based in first world. So I had to become practical libertarian. I'm going to give you concrete examples of financial discrimination against me. Then I'm going to explain fundamental reasons why it happens. And finally, I'm going to explain my vision for DAI. Back in 2005, I lived in Uzbekistan. I had an idea to invest in US stocks. I was very naive and I didn't know anything about investing, compliance, bank transfers, KYC etc. All I knew is nice long term charts of US stocks and what P/E means. I didn't contact any US brokerage but I checked information about account opening and how to transfer money there. I approached local bank in Uzbekistan and asked how to transfer money to Bank of New York. Banker's face was like - WOW, WTF?!?! They asked me to go to private room to talk with senior manager. Senior manager of local bank in Uzbekistan asked me why I wanted to transfer money to US. They told me that it's absolutely impossible to transfer money to US/EU and pretty much anywhere. I approached nearly every local bank in the town and they told me the same. In 2012, I already lived in Moscow and acquired Russian citizenship. I got back to my old idea - investing in US stocks. I called to many US brokerages and all of them politely rejected me. Usually when I called I asked them if I can open an account with them. They told me to hold on line. After long pause, I was able to speak with "senior" support who politely explain me that Russia in their list of restricted countries and they can't open an account for me. Finally, I was able to open an account with OptionsXpress. Next challenge was to convince local Russian bank to transfer money to US. Back then in 2012, I was able to get permission to do so. So you might say - is this happy end? Fast forwarding US brokerage story to 2017, OptionsXpress was acquired by Charles Schwab. I was notified that my OptionsXpress account will be migrated to Charles Schwab platform. In 2017, I already lived in the Netherlands (but still having Russian citizenship). I wasn't happy with my stupid job in the Netherlands. I called Charles Schwab and asked if I quit my job in the Netherlands and have to return to Russia, what will happen with my account. Schwab told me that they will restrict my account, so I can't do anything except closing my account. So even if I was long term customer of OptionsXpress, Charles Schwab is not fully okay with me. Going back to 2013, I still lived in Russia. I had another idea. What if I quit my job and build some SAAS platform (or whatever) and sell my stuff to US customers. So I need some website which accept US credit cards. I contacted my Russian bank (who previously allowed me to transfer money to OptionsXpress) about steps to make in order to accept US credit cards in Russia. I've been told explicitly in email that they won't allow me to accept US credit cards under any circumstances. Back then I still believed in "the free west". So I thought - no problem, I will just open bank account abroad and do all operations from my foreign account. I planned vacation in Hong Kong. And Hong Kong is freest economy in the world. Looks like it's right place to open bank account. I contacted HSBC Hong Kong via email. Their general support assured me that I can open bank account with them if I'm foreigner. I flew to Hong Kong for vacation and visited HSBC branch. Of course, they rejected me. But they recommended me to visit last floor in their HQ building, they told me that another HSBC branch specializes on opening bank accounts for foreigners. I went there and they said minimum amount to open bank account is 10 mil HKD (1.27 mil USD). Later I learned that it's called private banking. When I relocated to the Netherlands, I asked ABN Amro staff - what's happen with my bank account if I quit/lose my job in the Netherlands and have to return back to Russia. I've been told that I can't have my dutch bank account if I go back to Russia even if I already used their bank for 2+ years. I still had idea that I would like to quit my job and do something for myself. The problem is that I'm Russian citizen and I don't have any residency which is independent from my employment. So if I quit my job in the Netherlands, I have to return back to Russia. I wanted to see how I would get payments from US/EU customers. I found Stripe Atlas, it's so exciting, they help you to incorporate in US, and even help with banking, all process of receiving credit card payments is very smooth. But as usual in my case, there is a catch - Russia in their list of restricted countries. Speaking of centralized compliance-friendly (e.g. KYC) crypto exchanges. This year I live and work in Hong Kong. Earlier this year, I thought it would be nice to have an account at local crypto exchange in Hong Kong so I can quickly transfer money from my bank account in Hong Kong to crypto exchange using FPS (local payment system for fast bank transfers). What could go wrong? After all Hong Kong is freest economy in the world, right? I submitted KYC documents to crypto exchange called Weever including copy of my Hong Kong ID as they requested. They very quickly responded that they need copy of my passport as well. I submitted copy of my Russian passport. This time they got silent. After a few days, they sent me email saying that Russia is on the US Office of Foreign Assets Control sanction list, so they just require me to fill a form about source of the funds. I told them that the source of my funds is salary, my Hong Kong bank can confirm that along with my employment contract. They got very silent after I sent them a filled form. After a week of silence I asked them - when my account get approved? They said that their compliance office will review my application soon. And they got very silent again. I waited for two or three weeks. Then I asked them again. And I immediately got email with title - Rejection for Weever Account Opening. And text of email was:
We are sorry to inform you that Weever may not be able to accept your account opening application at this stage.
Exactly the same situation I had with one crypto exchange in Europe back in 2017. Luckily I have accounts at other crypto exchanges including Gemini, one of most compliance obsessed exchange in the world. Although I don't keep my money there because I can't trust them, who knows what might come into head of their compliance officer one sunny day. By the way, I'm living and working outside of Russia for quite a few years. The situation with crypto exchanges is much worse for those who still living in Russia. I give you a few other examples of financial discrimination is not related to troubles with my Russian citizenship. Back in 2018, I still lived in the Netherlands. I logged in into my brokerage account just to buy US ETFs as I always do - SPY and QQQ. I placed my order and it failed to fill. I thought it's just a technical problem with my brokerage account. After a few failed attempts to send buy orders for SPY and QQQ, I contacted their support. What they told me was shocking and completely unexpected. They said I'm not permitted to buy US ETFs anymore as EU resident because EU passed a law to protect retail investors. So as a EU resident I'm allowed to be exposed to more risk by buying individual US stocks but I'm not allowed to reduce my risk by buying SPY because ... EU wants to protect me. I felt final result of new law. By the way, on paper their law looks fine. And the final example. It's a known fact that US public market become less attractive in recent decades. Due to heavy regulatory burden companies prefer to go public very late. So if successful unicorn startup grows from its inception/genesis to late adoption, company's valuation would be 3-5 orders of orders of magnitude. For example, if valuation of successful company at inception is 1 Mil USD, then at its very latest stage it's valuation would be 10 Bil USD. So we have 10'000 times of growth. In the best case scenario, company would go public at 1 Bil USD 5-10 years before reaching its peak 10 Bil USD. So investors in private equity could enjoy 1000 fold growth and just leave for public only last 10 fold growth stretched in time. In the worst case scenario, company would go public at 10 Bil USD, i.e. at its historical peak. But there are well known platforms to buy shares of private companies, one of such platforms is Forge Global. You can buy shares of almost all blue chip startups. You can even invest in SpaceX! But as always, there is a catch - US government wants to protect not just US citizens but all people in the world (sounds ridiculous, right?). US law requires you to have 1 Mil USD net worth or 200'000 USD annual income if you want to buy shares of non-public company. So if you are high-net worth individual you can be called "accredited investor". Funny thing is that the law intends to protect US citizens but even if you are not US citizen and never even lived in US, this law is still applies to you in practice. So if you are "poor loser", platforms like Forge Global will reject you. So high-net worth individuals have access and opportunity to Bitcoin-style multi-magnitude growth every 5-10 years. Contrary to private equity markets, US public markets is low risk/low return type of market. If you have small amount of capital, it's just glorified way to protect yourself from inflation plus some little return on top. It's not bad, US public market is a still great way to store your wealth. But I'm deeply convinced that for small capital you must seek fundamentally different type of market - high risk/high return. It's just historical luck that Bitcoin/Ethereum/etc were available for general public from day one. But in reality, viral/exponential growth is happening quite often. It's just you don't have access to such type of markets due to regulatory reasons. I intentionally described these examples of financial discrimination in full details as I experienced them because I do feel that vast majority of people in the first world honestly think that current financial system works just fine and only criminals and terrorists are banned. In reality that's not true at all. 99.999% of innocent people are completely cut off from modern financial system in the name of fighting against money laundering. Here is a big picture why it's happening. There are rich countries (so called western world) and poor countries (so called third world). Financial wall is carefully built by two sides. Authoritarian leaders of poor countries almost always want full control over their population, they don't like market economy, and since market forces don't value their crappy legal system (because it works only for close friends of authoritarian leader) they must implement strict capital control. Otherwise, all capital will run away from their country because nobody really respects their crappy legal system. It only has value under heavy gun of government. Only friends of authoritarian leader can move their money out of country but not you. Leaders of rich countries want to protect their economy from "dirty money" coming from third world. Since citizens of poor countries never vote for leaders of rich countries nobody really cares if rich country just ban everyone from poor country. It's the most lazy way to fight against money laundering - simply ban everyone from certain country. Actually if you look deeper you will see that rich countries very rarely directly ban ordinary people from third world. Usually, there is no such law which doesn't allow me to open bank account somewhere in Europe as non-EU resident. What's really happens is that US/EU government implement very harsh penalties for financial institutions if anything ever goes wrong. So what's actually happens is that financial institutions (banks, brokerages etc) do de-risking. This is the most important word you must know about traditional financial system! So if you have wrong passport, financial institution (for example) bank from rich country just doesn't want to take any risks dealing with you even if you are willing to provide full documentation about your finances. It's well known fact that banks in Hong Kong, Europe, US like to unexpectedly shutdown accounts of thousands innocent businesses due to de-risking. So it's actually de-risking is the real reason why I was rejected so many times by financial institutions in the first world!!! It's de-risking actually responsible for banning 99.999% of innocent people. So governments of rich democratic countries formally have clean hands because they are not banning ordinary people from third world directly. All dirty job is done by financial institutions but governments are well aware of that, it's just more convenient way to discriminate. And nobody actually cares! Ordinary citizens in rich countries are never exposed to such problems and they really don't care about people in third world, after all they are not citizens of US/EU/UK/CH/CA/HK/SG/JP/AU/NZ. And now are you ready for the most hilarious part? If you are big corrupt bureaucrat from Russia you are actually welcome by the first world financial institutions! All Russian's junta keep their stolen money all across Europe and even in US. You might wonder how this is possible if the western financial system is so aggressive in de-risking. Here is a simple equation which financial institution should solve when they decide whether to open an account for you or not: Y - R = net profit Where: Y - how much profit they can make with you; R - how much regulatory risk they take while working with you; That's it! It's very simple equation. So if you are really big junta member from Russia you are actually welcome according to this equation. Banks have special name for serving (ultra) high-net worth individuals, it's called private banking. It's has nothing to do with the fact that bank is private. It's just fancy name for banking for rich. So what's usually happen in real world. Some Estonian or Danish bank got caught with large scale money laundering from Russia. European leaders are ashamed in front of their voters. They implement new super harsh law against money laundering to keep their voters happy. Voters are ordinary people, they don't care about details of new regulations. So banks get scared and abruptly shutdown ALL accounts of Russian customers. And European voters are happy. Modern money laundering laws are like shooting mouse in your house using bazooka! It's very efficient to kill mouse, right? Now imagine world without financial borders. It's hard to do so because we are all get so used to current status quo of traditional financial system. But with additional effort you can start asking questions - if Internet economy is so global and it doesn't really matter where HQ of startup is located, why they are all concentrated in just a few tiny places like Silicon Valley and ... well, that's mostly it if you count the biggest unicorns! Another question would be - why so many talented russian, indian, chinese programmers just go to the same places like San Francisco, London and make super rich companies like Amazon, Google, Facebook, Apple to get even richer? If all you need is laptop and access to internet, why you don't see any trade happening between first and third world? Well actually there is a trade between first and third world but it's not exactly what I want to see. Usually third world countries sell their natural resources through giant corporations to the first world. So it's possible to get access to the first world market from third world but this access usually granted only to big and established companies (and usually it means not innovative). Unicorns are created through massive parallel experiment. Every week bunch of new startups are created in Silicon Valley. Thousands and thousands startups are created in Silicon Valley with almost instant access to global market. Just by law of large numbers you have a very few of them who later become unicorns and dominate the world. But if you have wrong passport and you are located in "wrong" country where every attempt to access global market is very costly, then you most likely not to start innovative startup in the first place. In the best case scenario, you just create either local business or just local copy-paste startup (copied from the west) oriented on (relatively small) domestic market. Obviously in such setup it's predictable that places like Silicon Valley will have giant advantage and as a result all unicorns get concentrated in just a few tiny places. In the world without financial barriers there will be much smaller gap between rich and poor countries. With low barrier of entry, it won't be a game when winner takes all. Whole architecture of decentralized cryptocurrencies is intended to remove middle man and make transactions permissionless. Governments are inherently opposite to that, they are centralized and permissioned. Therefore, decentralized cryptocurrencies are fundamentally incompatible with traditional financial system which is full of middle mans and regulations (i.e. permissions). Real value of crypto are coming from third world, not the first world. People are buying crypto in rich countries just want to invest. Their financial system and their fiat money are more or less already working for them. So there is no immediate urgency to get rid of fiat money in the first world. So the first world citizens buying crypto on centralized KYCd exchanges are essentially making side bet on the success of crypto in third world. Real and natural environment of cryptocurrencies is actually dark OTC market in places like Venezuela and China. But cryptocurrencies like Bitcoin and Ethereum have a big limitation to wide adoption in third world - high volatility. So the real target audience is oppressed (both by their own government and by first world governments) ordinary citizens of third world countries yet they are least who can afford to take burden of high volatility. Right now, Tether is a big thing for dark markets across the world (by the way, dark market doesn't automatically imply bad!). But Tether soon or later be smashed by US/EU regulators. The only real and working permissionless stable cryptocurrency (avoiding hyped word - stablecoin) is DAI. DAI is the currency for post-Tether world to lead dark OTC market around the world and subvert fiat currencies of oppressive third world governments. Once DAI become de-facto widespread currency in shadow economy in all of third world, then it will be accepted (after many huge push backs from governments) as a new reality. I'm talking about 10-20+ years time horizon. But if MakerDAO chooses the route of being compliance friendly then DAI will lose its real target audience (i.e. third world). I can not imagine US/EU calmly tolerate someone buying US stocks and using as a collateral to issue another security (i.e. DAI) which is going to be traded somewhere in Venezuela! You can not be compliance friendly and serve people in Venezuela. Facebook's Libra was stupidest thing I've seen. It's extremely stupid to ask permission from the first world regulators to serve third world and create borderless economy. Another stupid thing is to please third world governments as well. For example, Libra (if ever run) will not serve Indian, Chinese, Venezuelan people. Who is then going to use stupid Libra? Hipsters in Silicon Valley? Why? US dollars are good enough already.
Chinese Telecom Giant to Integrate Blockchain Technology Into 5G Systems
China Telecom, a leading Chinese telecommunications company, has revealed that blockchain technology will be massively integrated into its 5G systems as the revolutionary tech behind bitcoin (BTC) and altcoins. The firm says distributed ledger technology (DLT) would significantly enhance revenue sharing, billing, payments and more, in 5G systems, reports Securities Daily on May 11, 2020.
Blockchain to Make 5G Better
In an interview with the Chinese news source, Securities Daily, Liang Wei, Director of China Telecom Group’s Blockchain and Digital Economy Laboratory made it clear that 5G technology is already revolutionizing China’s digital economy and blockchain technology is being integrated into these systems due to its numerous technical characteristics. 5G, which is the latest upgrade to existing mobile technologies, brings greater speeds, low latency and increased bandwidth to connected devices, while also taking the internet of things (IoT) to a whole new level. Wei has hinted that the integration of DLT into 5G systems will promote secure resource sharing and efficient collaboration among connected devices. Wei said:
“Blockchain technology can help achieve more efficient and safe 5G resource sharing and usage tracking. Decentralized protocol sharing and payments can be done automatically via smart contracts.”
Decentralized Roaming and Network Slicing
What’s more, Wei says the integration of blockchain into 5G will further enhance international roaming services, as the information of users of each mobile network operator can be securely and seamlessly shared on the blockchain without third-party intervention, making automatic billing and payments possible. Wei says blockchain smart contracts will also make network slicing more effective and efficient, as it will handle the request of each user. Splicing involves splitting the network architecture into slices to enable it to support a vast array of use cases.
“The combination of 5G and blockchain technology is a future trend. DLT and 5G are mutually reinforcing and complementary. The realization of the Internet of Everything based on 5G can bring unlimited possibilities for the creation of IoT applications,” Wei added.
Despite the numerous benefits of 5G technology, the future looks very bleak for it as numerous scientists and health care practitioners have argued that 5G technology may come with significant health risks, and as such, a moratorium must be placed on its deployment while the government funds research activities to find out biological measures which could limit the adverse effects of this technology. However, blockchain technology, on the other hand, has continued to establish itself across a vast array of industries in the global economy from trade finance to supply chain and logistics. Originally published by Ogwu Osaemezu Emmanuel on May 11, 2020 BTCManager
Sections: Every Gun's Meta Role, why every other gun is bad, modding and ak-74 recoil reduction/price graph, ammo meta. Lowest Recoil for 545, 556, and 7.62x39 guns : https://i.imgur.com/E9ruaAJ.png
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Edit: There seems to be some misunderstandings about objective facts about tarkov. Anecdotal experiences you’ve had do not change how the mechanics behave. Not penning lets say, a 6B47 with M61, doesn’t mean m61 won’t pen a 6B47. We know the pen chance of M61 on any given piece of armor, and just because you received an unlikely result does not mean it’s the only result. Similarly rephrasing otherwise damning statements doesn’t change the objective situation. Saying something such as “___ gun shreds armor with ___ ammo” is just a different way of saying “If I take the time to shoot the armor to the point of it no longer behaving as its armor class, then my bullets will go through it”. And I’ll concede you can indeed do that. But shooting an armor several times before your bullets go through doesn’t mean its equivalent to using bullets that go through the armor in the first place. There also seems to be a misunderstanding on what makes a gun good. Most guns will kill someone if you correctly aim and left click on someone’s face. That’s the bare minimum for a gun to be useable in tarkov. Just because you have used a gun which can do that doesn’t make it good. If one can simply shoot someone in the face with the first bullet, they fire then what’s the point of bringing something other than a Makarov. We bring in better guns to make up for other short comings. Yes, if you shoot someone’s gen 4 6 times with 7.62x39 BP you will go through it. But that guy in the gen 4 can only has to shoot you twice because he brought competitive ammo. Don’t handicap yourself then say I’m spreading misinformation because if you just pretend a handicap isn’t there then then game is different from what I’m saying… also ap slugs suck. ---------------------------------------------------------
Every Gun's Meta Role
Guns with a purpose: AK-74 / AK-74N: Only has a place in 2 scenarios. Long range medium kit and any range high kit. In high kit the gun will cost 100k but will have the lowest recoil of the automatic ARs. BS and PP isn’t as expensive as 995 and M856A1. For high kit the 74 is 2nd best if money is no problem but if you do even remotely care about money then this is the most reasonable high kit gun. If lvl 6 armor for some reason becomes abundant in the future then this will be the best gun because igolnik. Yes m61 will go through lvl 6 but the FAL nerf means it has too much recoil for mid range and the m1a is semi auto which kinda nips the whole “2 stk > 3 stk” in the bud. HK-416: 2nd lowest AR recoil. A maxed one of these is cheaper than a maxed m4 but has ~8 more vert reocil. M4A1: Well my reference m4 did a mega-morphin stat change. The best recoil AR in the game. A maxed M4 is very very expensive and using it suppressed borks the recoil. Bolt actions: All of the bolt actions are currently just very very bad vepr hunters. However quests are a thing and there’s very clearly one vastly superior bolt action and it issssss a sniper mosin with the non-blue tape obrez stock and the 514mm barrel. Its accurate and its very light. Recoil doesn’t matter, ergo kinda matters but not nearly as much as weight. If you don't like the PU scope then you can use the “arbalet patriot K+W mount” and just use any sight you want without the rendering issues of the tri-rail. Only in tarkov will the objectively cheapest gun in a class be the best. Cough ak-74 cough. Vepr Hunter: M80 strong so gun strong. It one taps to the chest, is accurate, has no rof cap, can go through lvl 4, the 10 round mags are 1 slot, and you can get it for like 25-35k off the market. Its just stupid good. Is it better than a m1a, rsass or FAL? No. Is it way better than the mosin, saiga-12, mp-153, mr-133, m870, ash-12, sv-98, m-700, DVL, and SVD? Yeah. MP-7: Best CQC gun for medium kit (anti-lvl 3) because FMJ is very cheap, the bitcoin trade lets you get 40k MP7s, and the recoil is lower than any gun of equivalent price. The only exceptions are the VSS and p-90 which you can use for about the same price (given you can get a 50k p-90 and a 40k VSS) However the VSS mags are either stupid expensive or too small and the p-90 has too much horizontal recoil. Yes the p-90 has less vertical recoil but only your mom is wider than she is tall and she’s not a scav boss yet. PP-19: One of the three “competitive” budget guns. It's cheap, has maxed ak-74 levels of recoil(with a recoil pad), is automatic, and has no pen whatsoever. Face shots or go home. Saiga-12: Best “shot” shotgun and one of three “competitive” budget guns. There’s a rof cap now but its vepr 136 levels so for a gun with a 20 round mag max, its not “too much” of a problem. If you’re running factory then maybe flechette could work but holy shit with the lack of limb pen and the 19 damage per dart (152 damage if all land) you’ll be shooting the fuck out of people before they die. I think the best example of how this feels was a raid where I killed one scav and it took 29 hits to kill that one unarmored scav. Honestly just use magnum and go for face shots. 1 pellet to the face can kill so it just a matter of spamming in the general upper torso direction and hoping RNG gives you a head/face shot. That sounds really stupid but throwing those dice is surprisingly dependable. Vepr-136: One of the three “competitive” budget guns. If you need range and don’t mind giving up recoil and an automatic switch for armor pen then this is your jam. Grab one of these for 15k off the market, slap a butt-pad, m1b, and dynacomp on it, grab a handful of 30s with T45 for the cost of a slightly worn t-shirt, and you’re good to go. The only thing that really holds this gun back is the oversampling cap. I click at ~450 clicks per min and I slam right into that cap and get ~100-150 rpm out of it. Its really awful. That paired with the RoF link to FPS and you can imagine why taking this into cqc could be a bad idea. AKMS / AKMSN: Only good for budget builds. Because the ammo is cheap you can spend more money on attachments. But the amount of money you would spend on attachments is so much, you might as well buy a better gun. I wouldn’t bother modding beyond a recoil pad, dynacomp, and M1B and pretending its a vepr-136 that can go full auto for CQC. ADAR: Crazy good right now. 15k for a rec battery gets you a gun that reloads like lighting, who’s accurate, who’s ammo punches through lvl 4 for 191 rubles a pop with good recoil out of the box and has no rof cap (aside from the FPS limiting it of course). FAL / M1A: Since the FAL was nerfed and the M80 wont go through full condition lvl 5, these don’t have a role in high kit. In medium kit however these are a nice alternative to the ak-74 or vepr hunter. They cost about 40-50k because of trades and they have access to large cheap mags. If you have a M1A then its fine as is, just put on a side mount. If you have an FAL put on a baskak and an extreme duty dust cover(if you did the NIXX trade then dont forget to rebuy the austrian muzzle break). Makarov: One of two reasonably accurate pistols in game. If you’re going to carry a pistol as backup, carry this for face taps. Saiga-9: Instead of doing pistol runs, do saiga-9 runs. No one will steal it, you can get it for the same price, you got 30s, and the recoil is only 47-195. For context a Makarov is 510-325 (and yes, that's five hundred and ten vertical recoil) Kedr / Klin: probably my 2nd most used gun behind the 153 and…. Its pretty good for a 10-15k gun. Its cheap, it shoots cheap ammo, it has 1 slot 20 rounders, it has weird recoil / point of impact , and it sucks. If you wanna to pistol runs, do kedr runs instead. -------------------------------------------------
Bad Guns (for the price / in comparison to other guns)
AKS-74U: Literally, the only reason to ever use this gun is because its funny or because you want a gun that’s very cheap, functionally accurate, automatic, and has cheap 30 round mags. If you consider using something other than FMJ in it then you would better spend your money buying an AKS-74 or AK-74M for 5k extra(or sometimes the same price). The only reasonable plays you can make are face shot barrel stuffs or tippy taps at range. Even automatic fire at like 15m has so much horizontal recoil that its basically useless. And if you spend the money to get the recoil down you might as well just buy a better gun and get low recoil that way. The only time the 74U can be remotely competitive is using it as a head tap DMR but even then you could use any other AK or adar for about the same price. AKS-74 / AKS-74N / AK-74M/ AK-105 : These are basically just an AK-74 but slightly worse and occasionally cheaper. Just sell it or lightly mod it and use PP. If you dont have the money for PP then just use a PP-19. AKM / AKMN: Its the best 7.62x39 gun in game and its just bad. It costs too much, the good ammo costs too much and doesn’t have enough pen for the price, and it has unacceptable recoil. There’s no reason to ever use this unless you can’t stand high recoil and must use a fully modded akm for that shoreline scav kill quest. AK-103/AK-104: Imagine an AKM that’s worse and costs slightly less. Just dont. AK-101 / AK-102: These are just meme / rp guns. They’re a better option than the AKM / AK-103 / AK-104 but that’s not saying much. They’re just expensive and have too much recoil. If you cannot stand the semi-auto of the adar these might be the only reasonable non-7.62x51 automatic for anti-lvl 4 because M855A1 is so dirt cheap. SKS: A bad vepr-136 with the exception of having a higher RoF cap. Mags are stupid expensive, mags take forever to reload, and the recoil is stupid high. If you’re a sperg and can’t wrap your head around mags then do the filter trade, put a DTK-1 on an adapter, fill your pockets with T45 and you’re all ready to feed that sks to the next pmc you meet. SVD: Its a bad M1A. Its too expensive, the mags cost too much, and it has a rof cap. No reason to use it other than the quest. Honestly, I’d take a vepr hunter over it because at least then I can spam in CQC. MDR: So you can grab these for 40-50k on the market and after an RK-2 and Bulletec you’ll have the recoil of a maxed AKM with like 45 more horizontal recoil. So 80k for an extra shakey AKM in 556. So basically its useless, juse an ak-74. TX-15: expensive adar with very slightly better recoil. If you care that much about recoil then just build an HK-416A5 MP-153: The only good slug shotgun and it sucks. People like it because you dont have to fiddle fuck with mags but the rof cap + the giga-longness + the slow reloads means CQC is is awful. Which means its only place in the meta is slugs and then its just a bad vepr hunter. But not like a “90% of the way there” bad, its a “30% of the way there” bad. I’ve probably used a 153 with slugs more than any other weapon in tarkov over these 7 or so wipes I’ve played and the whole time I’ve held the opinion that fucking christ the 153 with slugs sucks but lord is it fun. But with the CMS kits and the mosin and the vepr hunter. The allure of being a little shitling scuttling about has lost its charm. Breaking people’s arms and legs at range isn’t a raid ruiner, the mosin can do 1 shot chest taps now, and so can the vepr hunter. Its just not a vile bog of misery anymore. It’s just an underperforming gun that has been power creeped out of any relevance. MP-133: bad mp-153. it literally don't even have iron sights M870: mp-133 but expensive Toz: is toz Grach: imagine a saiga-9 but expensive and people can steal it easier P226R: Imagine a grach but for people who wanna play dress up. Glock 17: Imagine a P226R but for people who really really wanna play dress up. Glock 18: Was pretty oppressive back when RIP could 3 shot your legs but now its just a DPS meme like it is in real life. Shrimp: imagine a 5-7 but cheap and with no 1 tap chest hollow points. This is probably your best bet for the pistol kill quest. 5-7: imagine a shrimp but expensive and with hollow points that can 1 tap a chest. “But can’t all 9mm pistols do that?” ….yes but they’re half the price of RIP. P-90: surprisingly similar in budget to the mp-7 but with less vertical recoil but more horizontal recoil and 50s instead of 30s…. So basically the p90 sucks. MPX / MP5: mil-sim scum. In all seriousness they just cost so much for being such limp guns. I know people are SUPER FUCKING HYPED FOR AP 6.3 !?!??! but its just PMM with less damage. It wont ever got through a lvl 3 armor for christ sake. TT: a makarov but it costs more and can go through lvl 2. M9A3: sounds cool APS: russian g18 that can’t use 9mm RIP. sucks APB: Didn’t get nerfed with the APS so its a giga-cheap suppressed gun. But it handles like a shitty kedr and the kedr already handles like shit so keep that in mind. RSASS: inflated price because of the quest, prob will never be viable until it gets a better mag or the M1A gets a recoil nerf. VSS: imagine a AS VAL but you dont get that AR skill recoil reduction…. But its cheap. Its actually stupid cheap when you consider how much recoil it has and that SP-5 is basically 5.45 PP. You can get an AK-74 with a PBS-4 for 40k, and you can get an VSS for 40k, but you cannot get a suppressed AK-74 with VSS recoil for 40k, or 100k. The only thing holding the VSS back is the drop on it is stupid. I could go on a long hot ramble on how it could be fixed and how the way tarkov handles balistics calculations is dumb but that would take way too long. Basically only use it with sights that can zero to 25m and you’ll be fine unless you try to shoot at something beyond 50m. AS-VAL: a slightly better VSS (because AR skill) but it costs 50-100% more MP5K: bad kedr Kedr-B: suppressed kedr that costs 25-30k RPK: The recoil stats are basically the same as the AK-74 but maxed they both cost the same and the AK-74 gets recoil reduction from the AR skill so there’s just no reason to bother. The RPK is heavier, shoots at the same RPM, will have more ingame recoil, and sounds dumb. Vepr-209: bad Ash-12: unbelievably bad. Maybe if it was 20k from a trader and the ammo / mags were cheaper it might have a place in the meta. But that role would be a shitty vepr hunter that’s cheap. PB: 25k silenced makarov…. Yeah naw PM (t): fireball machine ------------------------------------------------------------
I’m only going to cover the guns with a meta purpose that I didn’t mention how to mod in the above section. M4A1 Max: (if I dont mention a part, its stock) Pistol Grip: Ergo PSG-1 (only for ergo) Stock: HK E1 (or BUS if you dont care about ergo) Buffer Tube: Advanced (red has more accuracy) Muzzle Break : Bulletek ST-6012 or AAC Blackout and SDN-6 (same recoil) Backup sightst: Magpul MBUS Gen 2 (only for ergo) Handguard: SAI QD Rail(long) + Jail Break Foregrip: RK-2 Charging Handle: Raptor (only for ergo) Barrel: 370mm Upper: MUR If you really care about min maxing you can put a cobra red dot on for an extra -1% recoil HK 416A5 Max: (if I dont mention a part, its stock) Pistol Grip: Ergo PSG-1 (only for ergo) Stock: HK E1 (or BUS if you dont care about ergo) Muzzle Break : Bulletek ST-6012 or AAC Blackout and SDN-6 (same recoil) Backup sightst: Magpul MBUS Gen 2 (only for ergo) Handguard: MRS 14" keymod Foregrip: RK-2 Charging Handle: Raptor (only for ergo) Barrel: 20” If you really care about min maxing you can put a cobra red dot on for an extra -1% recoil AK-74 Max (AKM is the same except for the lantac muzzle break) Pistol Grip: US Palm (rk-3 weighs more) Stock: Zhukov-S Muzzle Break : CQB or PBS-4 to be suppressed (is 7% worse) Dust Cover: Fab Defence PDC (highest ergo dust cover rail) Handguard: CMRD Foregrip: RK-2 Charging Handle: Extended (only for ergo) https://i.imgur.com/siZK34s.png The sweet spot is about the Zhukov-S + CQB + RK-0 + poly 100 has 58-153 recoil (which is about a maxed ak-105 but for 57k) I used to determine the data points by an increasing budget but now I do it by the price / recoil gain of each next part. So buying a polymer stock costs more / recoil than the zhukov so I just skipped it. Also why I skipped to just using the RK-0. -----------------------------------------------------------
https://docs.google.com/spreadsheets/d/1jjWcIue0_PCsbLQAiL5VrIulPK8SzM5jjiCMx9zUuvE/htmlview?sle=true Damage thresholds: 35 (1 tap to the head), 40 (2 tap the chest), 60 (break arms in 1 shot), and 80 (1 tap chest). What we can derive from this is Magnum buckshot can kill with one pellet to the head. Igolnik won’t 2 tap. T45 will break arms in 1 shot so you can flinch people. M80, LPS, and 7N1 will 1 tap to the chest. You should really derive your own conclusions about the ammo, this is just what I use. anti-Lvl 3: T45 for 7.62x39 for 70 rubles (PS isn’t a tracer but ps costs more and won't 1 shot arms) PP for 5.45x39 for 152 rubles M855A1 for 5.56 for 191 rubles(yes this is an anti-lvl 4 ammo, but m856a1 costs more than this) SP-5 for 9x39 for 142 rubles FMJ for 4.6 for 134 rubles SS190 for 5.7 for 147 rubles M80 for 7.62x39 for 237 rubles (also goes through lvl 4, there’s just no lower tier ammo) LPS for 7.62x54R for 189 rubles (I just use 7n1 tbh) Anti-lvl 4 M855A1 for 5.56 for 191 rubles M80 for 7.62x51 for 237 rubles 7n1 for 7.62x54R for 322 rubles Sp6, 7.62x39 BP, and AP SX cost too much to be considered for such an irrelevant threshold. Though its more relevant than previous patches due to the abundance of lvl 4. Though they’re usually pretty damaged. Anti-lvl 5 5.45x39 BS for 554 rubles The meta is just 5.45 BS or pay out the ass for sub-par return on investment. 5.56 995 for 800 rubles 9x39 BP is trade only, usually 1,000 rubles on the market Not sure how much m61 costs yet, not worth it regardless and m62 is the same story.
WaykiChain CEO Gordon Gao: What is WaykiChain doing now?
https://preview.redd.it/i6sd5ax60ow41.jpg?width=1200&format=pjpg&auto=webp&s=8d4171bd4831ce2cfd6fa0bd9b598888d3a100cb Recently, there have been many thoughts on the development direction of blockchain and WaykiChain. I have found some certainty in the world of uncertainty. How does WaykiChain understand the development of the public chain? What is WaykiChain development direction based on these understandings? What should the community expect and pay attention to? I will share with you the answers to these questions. How does WICC increase prices? WICC is the basic digital currency on the WaykiChain public chain. According to its white paper, when this coin was issued in the early period, more than 70% of the chips were in circulation in the secondary market This is a relatively high proportion, comparing to most of blockchain projects. This high circulation ratio is like a double-edged sword. The disadvantage is that foundation has relatively weak control over its value in the secondary market. It is also difficult to manipulate the price to create some false market value to deceive the public. The advantage is that WICC can have a wide range of coin holders and community members. Meanwhile, more coin holders mean that when WICC is found to have price increase expectations, such expectations will be spread by the population, which can result in a large-scale network effect. In 2018, WaykiChain relied on this network effect to make a big hit in the market. At that time, the number of WICC holders was about 100,000 (WICC holders in exchange). However, the communities merely brought by price increase expectations are not sustainable. Those people came because of profit, and they will leave because of no profit. Those who made money or lost money on WaykiChain will scold after the currency price fell. In the bear market, it is almost difficult for people to have confidence in altcoins. It is difficult for people to invest in your long-term future with real money no matter what expectations they receive. Then, how to make WICC valuable in this bear market? We can conclude by the nature of price increases, which is fewer people selling and more people buying. Staking economy is an effective way to achieve“few people selling”. This kind of gameplay is not widely used in the traditional field as it is in the crypto circle. Most of Staking’s gameplay is to give you a dollar profit to make you unwilling to sell your 100 dollar coins. This approach may have a positive effect in the short term, but in the long term, it is no different from the Ponzi scheme. The other method is the DeFi. In DeFi, people need to collateralize their coins and get something that can bring value to them. For example, mortgage lending. When you are unwilling to sell your coins and lack money, the CDP mortgage lending system can meet your needs. At this time, the WICC in your hand becomes a “ticket” to participate in the CDP mortgage lending system. The collateralization generated by this real demand is often solid because such users are less likely to quit fast. Because they benefit from WaykiChain and believe this kind of service will generate value, so it is not a zero-sum game. In the end, most of the people here are winners, so they cherish their chips. Once there are more users, there should be more reasons for them to buy more continuously. The reason for most people who buy token is nothing more than to see some good news which can be predicted. Halving is predicted, so there was a decent run at the start of the year. The World Cup was also a prediction and it is a piece of good news for betting-related blockchain. This prediction of a high degree of certainty in time can prompt a frenzied influx. But other than this quadrennial prediction（Halving or World Cup） of events, what expectations do you have for the community? The first is the technical aspect. A good technical public chain can attract more developers, and more developers can build more business models and have more imagination. To realize the expectation of the business model, users should value the future business growth of your current track and the most direct promotion of the economic model after the growth. For example, the growth of the mortgage lending business. The total collateral of WICC gets bigger ->Less liquidated WICC ->WICC’ s unit price raises with the demand stays the same. Or growth in mortgage lending->WGRT destruction becomes more numerous->WGRT’s unit price raises. This business model creates a rigid value in a currency. Finally, there comes the marketing ability, the user toned to trust that you are able to attract more investors at some point in the future. All financial activities generate bubbles, and how big an asset you end up with depends both on how much beer you have and how much bubble you can pour. If building business value is about brewing, marketing, and storytelling, it’s about pouring beer out of the bubble. About liquidity When it comes to liquidity, some people’s understanding of liquidity of a coin is to be listed on more exchanges, some people know a bit about some financial markets, so they say liquidity is the depth of the order book. I recently get some inspirations from David in Coinbase. Liquidity can be measured by the time you spend to convert an asset to purchase power. Cash is with the best liquidity, as it is almost equal to purchasing power. Property is less liquid because there are very few situations where you buy something directly from the house. Usually, you will have to turn it into cash and buy something else. So there’s a long period between when you decide to sell the house and when you get the money, and the longer that period is, the less liquid it is. USDT is relatively liquid because OTC transactions, which is a mature market in the current situation, allow people to convert the USDT into fiat money in minutes. Note that the above mentioned is to turn assets into purchasing power, rather than cash out. These two are essentially different. For example, if I want to purchase some service from a crypto media, I often use Eth, BTC, USDT, not cash. So I don’t need to sell off my digital currency to exchange cash, but directly pay it, which becomes purchasing power. From this perspective, any merchant accepting digital currency payments is enhancing the liquidity of the digital currency. Because he shortens the time it takes for assets to become purchasing power. As I said before, the keyword of the Internet fights is traffic, and the keyword of digital currency is liquidity. Much of what WICC does is to increase liquidity. Listing on Exchange shortens the time for WICC to transform into the purchasing power of other digital currencies. In real application scenarios, many people are reluctant to undertake the risk of digital currency fluctuations. They only like to denominate in fiat currency, so WUSD (stablecoin) that is generated by collateralizing WICC has better potential than WICC to become purchasing power. Huatong Security accepts WUSD as a payment method to buy HK/US Pre-IPO stocks shortens the time when some people want to convert WUSD into the purchasing power of Hong Kong and US stocks (In the normal process, this user must first sell, exchange fiat currency, and then open an account to buy Hong Kong and US stocks). The new project WaykiX shortens the time required to transform WICC into the purchasing power of investing in various assets around the world. Bitcoin’s technology has not been greatly updated since its inception, but its value remains the leader because of its liquidity. Similarly, in my opinion, the market value of USDT has soared because liquidity is becoming more and more mature. WaykiChain’s future development is also inseparable from liquidity. About Defi As mentioned above, liquidity is important. If you want to improve liquidity, you can cash out first and use cash to purchase most of things you want. However cash out itself is not what a project expects, because it will dump the price when a lot of people doing that. Therefore, collateralizing assets, generating stablecoins, and then enabling stablecoins to generate purchasing power has become a perfect model, which is the essence of WaykiChain 3-Token Economy Model. Regarding purchasing power, first we need to know what users want to buy. Many public chain projects, including WaykiChain, have begun to explore what kind of products and services that users want to buy. For example, betting products, value-added game services, or even e-commerce. All of these end up with nearly no results. As speculators’ paradise, the cryptocurrency circle usually care about borrowing money to make money. So, there is nothing more interesting for them than lending and making money. These people may not have the need to play games or buy things, but they must have the demand to make money. Therefore, finance must be the right direction for blockchain projects. WaykiChain will all in DeFi for at least the next two years. Many people say that WUSD is a stablecoin, so it needs to be compared with USDT. Rather than emphasize WUSD itself, I would rather like to say that WaykiChain ’s CDP is a lending system and service, and WUSD is just a stable value certificate. I am more concerned about the capacity of the CDP lending business itself, and whether it can provide users with the value of lending. As for when WUSD can become a freely circulating currency, it will take a long time to see how much purchasing power is endowed. Maybe at first, WUSD could buy WICC, WGRT, then the index of various global assets, then other digital currencies, then some Hong Kong stocks and US stocks, and finally maybe you can buy two packs of snacks with WUSD downstairs. Simple preview of the new product WaykiX, users can trade all kinds of global assets, including digital currencies, indices, stocks, commodity futures, and even contracts. We have high expectations for this product because we feel it can meet the “purchase” needs of most existing community users. This product learns from the Synthetix project and adds some local elements of WaykiChain, including the technical security reinforcement, as well as the improvement of the economic model and the risk resistance level. Someone asked, Ethereum has a complete DeFi ecosystem, and there are countless projects to start a business together. Why does WaykiChain have the power to fight with Ether? I would like to share a few points. The DeFi of Ethereum is aimed at users of Ethereum. We are currently targeting WaykiChain users. There is no conflict at present. In addition, DeFi seems to have a variety of patterns. It is nothing more than the four major categories of deposits, loans, liquidity, and derivatives. Our current developer community is not as prosperous as Ethereum, so WaykiChain uses a point-to-face model to first construct the core and head of DeFi to ensure quality and safety. When it can form a minimum closed-loop, and then let developers support those long-tail applications. Although it is a bit contrary to the concept of decentralization, we believe that this is an indispensable process for the implementation of the blockchain public chain。 About community I mentioned three directions in the first chapter on how to create the value of WaykiChain, the first is technology, the second is business model and applications, and the third is the marketing model and bubble. In fact, a healthy blockchain community is also attracted by these three parts of value, a core developer community, some coin holders with business needs, and a group of speculation or investors. To achieve the top five public chains in the world, these three groups must be huge. WaykiChain attracts the core developer community through the leading technology mechanism and the friendliness of public chain development. This is the reason why WaykiChain has invested a lot of resources in the technical level of the public chain. WaykiChain continues to create value for currency holders to meet their needs through the DeFi business. And eye-catching marketing methods to attract investors and speculators when market conditions improve and new market capital are sufficient. The bull market is short while the bear market is long. In the bear market, WaykiChain needs to continue to play at the table in a way with a high winning rate. These are my personal opinions. Welcome to discuss more with me.
For the people who call the flea market and traders BS
The game is supposed to have limited resources, it’s a first come first serve - dog eats dog world. If you can’t get the highest pen damage bullet then go for the highest flesh damage bullet. I can almost guarantee that it’s cheap. As long as your enemy’s not wearing gen4 full just go for the legs and you will do well. If they don’t have arm armor then go for the arms too. The community isn’t shit, they are genius in the fact they know what players want and how to make profit. You can find everything in raid. Can’t find that m995? Easy go to labs, kill a few raiders, hope for one that has an hk/m4/mdr (mdr chambered in 5.56). Can’t get igolnik? Well there is a quest to kill a certain scav boss 100 times and he tends to spawn with a metric ton of it. Can’t get Luger or rip ammo? Well labs has it on the raiders like the m995. Can’t get a labs keycard? Well first off 2 bitcoin at mechanic gives you one or you could sell those two bitcoin to therapist/flea market to buy a entry card and have some cash left over. Or alternatively you could do your scav runs, they tend to have keycards pretty often. Don’t want to do scav runs? Well raiders can spawn on reserve. Don’t want to do reserve or labs? Why buy the game and not play it to its fullest? I will say the only ammo I don’t know how to find is the AP 6 but I never have a problem buying it from a trader. All in all, it’s good the flea market is run by the players, yes it can be annoying when you go to buy something but someone beats you to it, or annoying now how we have to put Min. Amount to 1 to get rid of the red out of stock trades. However this game is meant to be in a place where things are not abundant. You have to learn where the loot spawns. If you are to lazy to play the game and figure it out, there are plenty of guides on YouTube. I feel like this game has things that are going for it and things that need to be fixed. But the game is still years out from full release. Things will change. I remember back when meds didn’t have animations and you could heal while shooting someone. There was also a time where “hey my 60 round mag is empty? Let me INSTANTLY fill it up and not wait a decade to do so.”
Why does WaykiChain (WICC) soar after the start of 2020? With the advent of the bull market, how does WaykiChain perfect their Defi ecosystem and occupy the market?
As a world’s leading blockchain company focused on blockchain’s underlying technology and related ecosystem technology, WaykiChain owns an industry-leading public chain. Relying on the inherent technical advantages of blockchain and its superior R&D strength, WaykiChain is empowered with high-performance transaction processing capabilities (TPS3300), efficient mechanism of consensus (DPoS + pBFT), powerful smart contract, as well as the blockchain ecological decentralized control ability, WaykiChain can provide various major industries and key areas of vertical industry with infrastructure services and industry solutions. At present, the bottom layer of the WaykiChain public chain has been continuously upgraded and optimized and has achieved significant success. WaykiChain stablecoin WUSD, which is developed on the bottom of the public chain, is one of the important infrastructures of blockchain finance promoted by WaykiChain. It is also continuously improving the potential of decentralized business development. At 20:00 on February 14th, at the invitation of the “Bull Market Sharing Class”, Gordon Gao, the Co-Founder, and CEO of WaykiChain, made sharing of the theme “ Why does WaykiChain (WICC) soar after the start of 2020? With the advent of the bull market, how does WaykiChain perfect their Defi ecosystem and occupy the market?” Gordon Gao Background: Gordon Gao, WaykiChain Co-Founder & CEO, an Alumni of Columbia University in New York, former Chief Data Scientist of Fishbowl in Wall Street, ex-Senior Data Analyst of Alibaba Group, a senior member of Mensa International Club, currently serves as WaykiChain CEO. He is responsible for offering support to WaykiChain commercial model designing and strategy planning, building up a digitalized monitor system for products and operation and promoting WaykiChain overseas market with his international background. The Following is the content of sharing from Gordon Gao: 1.WaykiChain is a third-generation blockchain commercial public chain that aims to build a world-leading public chain brand. How does the performance of WaykiChain compare to other public chains on the market? Gordon Gao: In terms of performance, WaykiChain’s TPS ranks first with a measured average of 3300 in the world. Besides, our ecological construction in the DApp field and Defi is also gradually perfect. Last year, we introduced more than 20 DApps. Since WaykiChain has launched the Defi platform, it has collateralized over 24 million WICC and issued over USD 1.4 million in WUSD. 2. Recently, WaykiChain(WICC) is well received by Korean investors, and its trading volume has exceeded 70 billion WON. How does WaykiChain achieve such outstanding results? Gordon Gao: When WaykiChain(WICC) was listed on Bithumb, WICC’s premium was three times the domestic price. Recent market conditions are very good. The maximum price in South Korea is up to 10 times the domestic price. Our investment in the Korean market has always been very large. As early as 2018 May, WaykiChain Global Conference which was attracted thousands of persons to participate was successfully held in Seoul. After that, we did a lot of publicity around the Korean market, such as the content promotion and SEO promotion of their NAVER search engine. Last year, we also held WaykiChain(WICC) X Huobi Korea Hackathon and offline meetup in South Korea. I have also been invited three times to give speeches and conducting exhibitions at Korean blockchain conferences. And our CTO Richard Chen was invited to interview with the Korean media, which was broadcast by Korean KBS TV station. South Korean users are very impressed with WaykiChain. When WaykiChain held the Hackathon in South Korea last year, a Korean investor came over and told us that he also came to our conference in 2018 and also received gold bars. He told us he was very happy to see our development so that he came to support us this time. When we have this kind of market enthusiasm, it is not unusual for prices to be reflected in the exchange. 3. According to media reports, WaykiChain has a strong technical team and has made a lot of progress in technology development. It has planned a four-public chain version iteration plan. What innovations and breakthroughs has WaykiChain achieved in technology? Gordon Gao: The current version is WaykiChain public chain v2.0 version (Teng version) that we updated in October last year. We added the decentralized exchange and developed a CDP system at the bottom of the public chain for pledging WICC to get stablecoin WUSD. We developed a 3-token economy model (WICC, WUSD, WGRT) and increased the speed of block generation from 10 seconds per block to 3 seconds per block, which greatly improving user experience. This version lays the foundation for us to achieve decentralized financial functions, and directly implements the three most important functions of Defi at the moment: stablecoin, lending, and DEX. We are developing the public chain v3.0 version (Hu version) now. In the public chain v3.0 version, we will further improve the performance and scalability of the current decentralized exchange, allowing anyone to publish their own DEX on the chain. Meanwhile, we will introduce WASM to greatly improve the performance and developer-friendly of the virtual machine. At the same time, in the next public chain version, we will soon launch the WASM virtual machine, which greatly improves the performance of the virtual machine and makes it developer-friendly. Porting virtual machine is a project with high technical difficulty. We learned that several projects ranked among the top 30 in market value are also developing WASM virtual machines. It took us several months to complete the porting of WASM, which fully demonstrates our technical strength. In addition, in the next version, we will provide a decentralized cross-chain solution so that more digital assets can operate in the WaykiChain Defi eco-system. 4. We all know that WaykiChain has conducted in-depth reciprocal visits with the Montenegro government and exchanged views on blockchain technology reform in the field of Montenegro International Trade and Finance. What new knowledge and experiences have you gained through international cooperation? How do these experiences inspire you to give WaykiChain more business value and promote the implementation of decentralized financial applications? Gordon Gao: Firstly, the government thinks differently from ours. For example, we only consider whether a business model can improve efficiency and reduce costs, but the government will also consider how to coordinate all stakeholders and make a balance. We discussed the issuance of stablecoins with them. If stablecoins are controlled by the central bank and all are on the chain, then the commercial banks below the central bank will not be able to adopt the original method. If addition, currency is issued through leverage, this is a weakening of existing stakeholders and it is difficult to continue. So, both of us are still exploring better solutions, and strive to not only improve efficiency through the blockchain but also meet all existing stakeholders. Moreover, there is also a shortage of technical talents and human resources in some European countries and regions. They welcome Chinese blockchain teams like us to export technology and solutions to them. This is a very good opportunity for WaykiChain and other Chinese blockchain teams. Thirdly, the cheap money policy of the European Central Bank can cause huge interest rate differences between European and Asian currencies. This contains huge market space and business opportunities, and the Defi system aims at this. 5. WaykiChain will complete the cross-chain process of BTC and ETH in the first half of 2020, and the mortgage lending system through stablecoin will be launched simultaneously. It is expected that there will be a new round of explosive growth around WUSD’s Pre-IPO business and loans. What is WUSD and what are its uses? Gordon Gao: WaykiChain WUSD, the first stablecoin developed on Core Layer of the public chain, is issued through over-collateralization with value anchored to USD. WUSD is the cornerstone of the WaykiChain Defi system. WUSD can be cashed in USDT or fiat currency. In other words, users can pledge their WICC to borrow cash. This principle is the same as a loan from a bank. WUSD can buy WICC or WGRT (governance coin) in WaykiChain DEX. This means that giving leverage to those who hold WaykiChain coins. WUSD can also be used in WaykiChain ecological applications. For example, Huatong Securities provides brokerage services on HK and US stocks to global customers with its unique WUSD-based payment solution which means that opening up the digital currency and traditional financial channels. Also, recently, we plan to launch a new application just like bank demand loans. Users can buy WUSD as wealth management. Of course, there will be derivatives based on WUSD pricing in the future. 6. “Building a decentralized big platform and ecology through community autonomy” is the original intention of WaykiChain, and this is also the big vision of WaykiChain. What difficulties has WaykiChain encountered in building a globally decentralized consensus? How did you overcome these difficulties? Gordon Gao: At the beginning, we only divided the domestic market and overseas markets. The main job of overseas markets is to publish articles and contents which achieved very little success. The language, culture, social platforms, per capita income, and the cognition level of cryptocurrency vary from country to country. And if we only use online communication, the information is too fragmented to help others understand your project in depth. After continuous experimentation, we decided to adopt the mode of offline(entering)-online(maintenance). We organized offline meetups and recruited WaykiChain Global Ambassadors. And then, we transferred to online maintenance, which has achieved success. Now we have organized 10 meetups with our global ambassadors, and have established telegram groups in nearly 20 countries and regions, including South Korea, Iran, Japan, Vietnam, Turkey, Indonesia, and the Philippines, with high daily engagements. The last time I did AMA in our Iranian group, the local media asked some very professional questions which show our Iranian fans have in-depth knowledge of our project. Now, WaykiChain team brings people from different countries to work together and becomes more international. 7. WaykiChain ranks first with a measured average TPS of 3300 (Measured Peak TPS 7800). And WaykiChain launched WUSD which is developed on the bottom layer of the public chain. What convenience and value will this bring to payment and commerce? Gordon Gao: The Defi system that WaykiChain is going to achieve is a decentralized bank without borders In daily life, most people go to the bank to do deposits, loans, exchange, buy financial products and so on. These functions are also available on WaykiChain and users can enjoy lower interest rates. The average deposit rate in Europe is between 0 and 0.3%. However, if we launch the new application of WUSD, Europeans can use fiat currency to buy WUSD and then gain at least 3 points of interest. This part of the interest comes from the mortgage interest paid by the mortgage borrower to the system. This part may be can achieve 6 points or more. In this way, the system also earns a cut of the discount. So, this is a three-win business. Defi is a business model that enables blockchain companies to truly implement possible commercial application scenarios. For example, Huatong Securities provides brokerage services on HK and US stocks to global customers with its unique WUSD-based payment solution Ordinary people are difficult to open an account to trade Hong Kong stocks in HK exchanges. However, now users can use WUSD to trade and invest HK/US Pre-IPO to make money. The HK Pre-IPO market now has an annualized income of 20–40% on average. Therefore, many people in the WaykiChain community now pledge WICC to generate WUSD and use WUSD to buy Hong Kong and US stocks to make new money. It can not only enjoy the potential appreciation space of WICC but also improve capital utilization. 8. WaykiChain has established a 3-token economic model (WICC / WUSD / WGRT) with more financial stability and scalability. Please introduce this model to us. What are the advantages of the WaykiChain 3-token economic model compared to the common single-token economic model? Gordon Gao: As the base currency of Defi, WUSD is a stablecoin that is just needed in the investment market for deposits and loans. At the same time, WUSD can also be used as a payment tool, which is much more convenient than using other digital currencies with large volatility. WaykiChain (WGRT) is our governance coins. All interest generated from borrowing WUSD and the liquidation penalty will be repurchased on the market to destroy WGRT. We don’t use WICC because if we use WICC, it means that the collateralized currency and the risk-proof currency are the same types. This model is the same as the model of BTS. The BTS black swan event has verified that this economic model does not work. Therefore, the emergence of governance coins is inevitable. 9. 2019 can be called “the year of Defi loans”, and 2020 will be the “year of Defi derivatives”, so how will DeFi develop in 2020? What is WaykiChain’s strategy? Gordon Gao: Defi is definitely still a hot topic in the blockchain industry in 2020. From Huobi BTC(HBTC) which is released by Huobi, it can also be seen that exchanges that do centralized finance are also developing Defi. Loans and deposits are still rigid demands in the market. Although derivatives have huge business opportunities, their outbreak in the Defi field may not be so fast. Because the market capability and liquidity of Defi are still limited. In addition, cryptocurrency enthusiasts have limited knowledge of derivatives. Now, Defi obviously still has some opportunities and the market is not occupied. For example, Bitcoin-based Defi has not yet been implemented. Of course, the emergence of HBTC promoted the development of Bitcoin-based Defi. However, its specific effects need time to verify. Moreover, Other public chain projects are still in the process of developing Defi. At present, only Ethereum’s Defi business has formed a certain scale, and WaykiChain might be the second-largest Defi platform which is developed on the public chain after Ethereum. Some users from WaykiChain do not own Ethereum, but if they own WaykiChain (WICC), they can also do collateralizing. Since WaykiChain has launched the Defi platform, it has collateralized over 24 million WICC and issued over USD 1.4 million in WUSD. WaykiChain’s strategy in Defi is mainly to satisfy both supply and demand. Firstly, we will continue to increase the amount of WICC total collateral and expand the issuance of WUSD. Secondly, we will keep working hard to expand and develop commercial application scenarios of WUSD. Finally, we will keep innovating and explore more new products and technology. WaykiChain will continuously make contributions in the world blockchain industry with its leading specialization.
[Bull Market Sharing Class №273] Why does WaykiChain (WICC) soar after the start of 2020? With the advent of the bull market, how does WaykiChain perfect their Defi ecosystem and occupy the market?
https://preview.redd.it/6357r29zl1l41.jpg?width=1200&format=pjpg&auto=webp&s=b6f7efa4c13ef8ebc35c0c8757fce31f91ad6f8f As a world’s leading blockchain company focused on blockchain’s underlying technology and related ecosystem technology, WaykiChain owns an industry-leading public chain. Relying on the inherent technical advantages of blockchain and its superior R&D strength, WaykiChain is empowered with high-performance transaction processing capabilities (TPS3300), efficient mechanism of consensus (DPoS + pBFT), powerful smart contract, as well as the blockchain ecological decentralized control ability, WaykiChain can provide various major industries and key areas of vertical industry with infrastructure services and industry solutions. At present, the bottom layer of the WaykiChain public chain has been continuously upgraded and optimized and has achieved significant success. WaykiChain stablecoin WUSD, which is developed on the bottom of the public chain, is one of the important infrastructures of blockchain finance promoted by WaykiChain. It is also continuously improving the potential of decentralized business development. At 20:00 on February 14th, at the invitation of the “Bull Market Sharing Class”, Gordon Gao, the Co-Founder, and CEO of WaykiChain made sharing of the theme “ Why does WaykiChain (WICC) soar after the start of 2020? With the advent of the bull market, how does WaykiChain perfect their Defi ecosystem and occupy the market?” Gordon Gao Background: Gordon Gao, WaykiChain Co-Founder & CEO, an Alumni of Columbia University in New York, former Chief Data Scientist of Fishbowl in Wall Street, ex-Senior Data Analyst of Alibaba Group, a senior member of Mensa International Club, currently serves as WaykiChain CEO. He is responsible for offering support to WaykiChain commercial model designing and strategy planning, building up a digitalized monitor system for products and operation and promoting WaykiChain overseas market with his international background. The Following is the content of sharing from Gordon Gao: 1.WaykiChain is a third-generation blockchain commercial public chain that aims to build a world-leading public chain brand. How does the performance of WaykiChain compare to other public chains on the market? Gordon Gao: In terms of performance, WaykiChain’s TPS ranks first with a measured average of 3300 in the world. Besides, our ecological construction in the DApp field and Defi is also gradually perfect. Last year, we introduced more than 20 DApps. Since WaykiChain has launched the Defi platform, it has collateralized over 24 million WICC and issued over USD 1.4 million in WUSD. 2. Recently, WaykiChain(WICC) is well received by Korean investors, and its trading volume has exceeded 70 billion WON. How does WaykiChain achieve such outstanding results? Gordon Gao: When WaykiChain(WICC) was listed on Bithumb, WICC’s premium was three times the domestic price. Recent market conditions are very good. The maximum price in South Korea is up to 10 times the domestic price. Our investment in the Korean market has always been very large. As early as 2018 May, WaykiChain Global Conference which was attracted thousands of persons to participate was successfully held in Seoul. After that, we did a lot of publicity around the Korean market, such as the content promotion and SEO promotion of their NAVER search engine. Last year, we also held WaykiChain(WICC) X Huobi Korea Hackathon and offline meetup in South Korea. I have also been invited three times to give speeches and conducting exhibitions at Korean blockchain conferences. And our CTO Richard Chen was invited to interview with the Korean media, which was broadcast by Korean KBS TV station. South Korean users are very impressed with WaykiChain. When WaykiChain held the Hackathon in South Korea last year, a Korean investor came over and told us that he also came to our conference in 2018 and also received gold bars. He told us he was very happy to see our development so that he came to support us this time. When we have this kind of market enthusiasm, it is not unusual for prices to be reflected in the exchange. 3. According to media reports, WaykiChain has a strong technical team and has made a lot of progress in technology development. It has planned a four-public chain version iteration plan. What innovations and breakthroughs has WaykiChain achieved in technology? Gordon Gao: The current version is WaykiChain public chain v2.0 version (Teng version) that we updated in October last year. We added the decentralized exchange and developed a CDP system at the bottom of the public chain for pledging WICC to get stablecoin WUSD. We developed a 3-token economy model (WICC, WUSD, WGRT) and increased the speed of block generation from 10 seconds per block to 3 seconds per block, which greatly improving user experience. This version lays the foundation for us to achieve decentralized financial functions, and directly implements the three most important functions of Defi at the moment: stablecoin, lending, and DEX. We are developing the public chain v3.0 version (Hu version) now. In the public chain v3.0 version, we will further improve the performance and scalability of the current decentralized exchange, allowing anyone to publish their own DEX on the chain. Meanwhile, we will introduce WASM to greatly improve the performance and developer-friendly of the virtual machine. At the same time, in the next public chain version, we will soon launch the WASM virtual machine, which greatly improves the performance of the virtual machine and makes it developer-friendly. Porting virtual machine is a project with high technical difficulty. We learned that several projects ranked among the top 30 in market value are also developing WASM virtual machines. It took us several months to complete the porting of WASM, which fully demonstrates our technical strength. In addition, in the next version, we will provide a decentralized cross-chain solution so that more digital assets can operate in the WaykiChain Defi eco-system. 4. We all know that WaykiChain has conducted in-depth reciprocal visits with the Montenegro government and exchanged views on blockchain technology reform in the field of Montenegro International Trade and Finance. What new knowledge and experiences have you gained through international cooperation? How do these experiences inspire you to give WaykiChain more business value and promote the implementation of decentralized financial applications? Gordon Gao: Firstly, the government thinks differently from ours. For example, we only consider whether a business model can improve efficiency and reduce costs, but the government will also consider how to coordinate all stakeholders and make a balance. We discussed the issuance of stablecoins with them. If stablecoins are controlled by the central bank and all are on the chain, then the commercial banks below the central bank will not be able to adopt the original method. If addition, currency is issued through leverage, this is a weakening of existing stakeholders and it is difficult to continue. So, both of us are still exploring better solutions, and strive to not only improve efficiency through the blockchain but also meet all existing stakeholders. Moreover, there is also a shortage of technical talents and human resources in some European countries and regions. They welcome Chinese blockchain teams like us to export technology and solutions to them. This is a very good opportunity for WaykiChain and other Chinese blockchain teams. Thirdly, the cheap money policy of the European Central Bank can cause huge interest rate differences between European and Asian currencies. This contains huge market space and business opportunities, and the Defi system aims at this. 5. WaykiChain will complete the cross-chain process of BTC and ETH in the first half of 2020, and the mortgage lending system through stablecoin will be launched simultaneously. It is expected that there will be a new round of explosive growth around WUSD’s Pre-IPO business and loans. What is WUSD and what are its uses? Gordon Gao: WaykiChain WUSD, the first stablecoin developed on Core Layer of the public chain, is issued through over-collateralization with value anchored to USD. WUSD is the cornerstone of the WaykiChain Defi system. WUSD can be cashed in USDT or fiat currency. In other words, users can pledge their WICC to borrow cash. This principle is the same as a loan from a bank. WUSD can buy WICC or WGRT (governance coin) in WaykiChain DEX. This means that giving leverage to those who hold WaykiChain coins. WUSD can also be used in WaykiChain ecological applications. For example, Huatong Securities provides brokerage services on HK and US stocks to global customers with its unique WUSD-based payment solution which means that opening up the digital currency and traditional financial channels. Also, recently, we plan to launch a new application just like bank demand loans. Users can buy WUSD as wealth management. Of course, there will be derivatives based on WUSD pricing in the future. 6. “Building a decentralized big platform and ecology through community autonomy” is the original intention of WaykiChain, and this is also the big vision of WaykiChain. What difficulties has WaykiChain encountered in building a globally decentralized consensus? How did you overcome these difficulties? Gordon Gao: At the beginning, we only divided the domestic market and overseas markets. The main job of overseas markets is to publish articles and contents which achieved very little success. The language, culture, social platforms, per capita income, and the cognition level of cryptocurrency vary from country to country. And if we only use online communication, the information is too fragmented to help others understand your project in depth. After continuous experimentation, we decided to adopt the mode of offline(entering)-online(maintenance). We organized offline meetups and recruited WaykiChain Global Ambassadors. And then, we transferred to online maintenance, which has achieved success. Now we have organized 10 meetups with our global ambassadors, and have established telegram groups in nearly 20 countries and regions, including South Korea, Iran, Japan, Vietnam, Turkey, Indonesia, and the Philippines, with high daily engagements. The last time I did AMA in our Iranian group, the local media asked some very professional questions which show our Iranian fans have in-depth knowledge of our project. Now, WaykiChain team brings people from different countries to work together and becomes more international. 7. WaykiChain ranks first with a measured average TPS of 3300 (Measured Peak TPS 7800). And WaykiChain launched WUSD which is developed on the bottom layer of the public chain. What convenience and value will this bring to payment and commerce? Gordon Gao: The Defi system that WaykiChain is going to achieve is a decentralized bank without borders In daily life, most people go to the bank to do deposits, loans, exchange, buy financial products and so on. These functions are also available on WaykiChain and users can enjoy lower interest rates. The average deposit rate in Europe is between 0 and 0.3%. However, if we launch the new application of WUSD, Europeans can use fiat currency to buy WUSD and then gain at least 3 points of interest. This part of the interest comes from the mortgage interest paid by the mortgage borrower to the system. This part may be can achieve 6 points or more. In this way, the system also earns a cut of the discount. So, this is a three-win business. Defi is a business model that enables blockchain companies to truly implement possible commercial application scenarios. For example, Huatong Securities provides brokerage services on HK and US stocks to global customers with its unique WUSD-based payment solution Ordinary people are difficult to open an account to trade Hong Kong stocks in HK exchanges. However, now users can use WUSD to trade and invest HK/US Pre-IPO to make money. The HK Pre-IPO market now has an annualized income of 20–40% on average. Therefore, many people in the WaykiChain community now pledge WICC to generate WUSD and use WUSD to buy Hong Kong and US stocks to make new money. It can not only enjoy the potential appreciation space of WICC but also improve capital utilization. 8. WaykiChain has established a 3-token economic model (WICC / WUSD / WGRT) with more financial stability and scalability. Please introduce this model to us. What are the advantages of the WaykiChain 3-token economic model compared to the common single-token economic model? Gordon Gao: As the base currency of Defi, WUSD is a stablecoin that is just needed in the investment market for deposits and loans. At the same time, WUSD can also be used as a payment tool, which is much more convenient than using other digital currencies with large volatility. WaykiChain (WGRT) is our governance coins. All interest generated from borrowing WUSD and the liquidation penalty will be repurchased on the market to destroy WGRT. We don’t use WICC because if we use WICC, it means that the collateralized currency and the risk-proof currency are the same types. This model is the same as the model of BTS. The BTS black swan event has verified that this economic model does not work. Therefore, the emergence of governance coins is inevitable. 9. 2019 can be called “the year of Defi loans”, and 2020 will be the “year of Defi derivatives”, so how will DeFi develop in 2020? What is WaykiChain’s strategy? Gordon Gao: Defi is definitely still a hot topic in the blockchain industry in 2020. From Huobi BTC(HBTC) which is released by Huobi, it can also be seen that exchanges that do centralized finance are also developing Defi. Loans and deposits are still rigid demands in the market. Although derivatives have huge business opportunities, their outbreak in the Defi field may not be so fast. Because the market capability and liquidity of Defi are still limited. In addition, cryptocurrency enthusiasts have limited knowledge of derivatives. Now, Defi obviously still has some opportunities and the market is not occupied. For example, Bitcoin-based Defi has not yet been implemented. Of course, the emergence of HBTC promoted the development of Bitcoin-based Defi. However, its specific effects need time to verify. Moreover, Other public chain projects are still in the process of developing Defi. At present, only Ethereum’s Defi business has formed a certain scale, and WaykiChain might be the second-largest Defi platform which is developed on the public chain after Ethereum. Some users from WaykiChain do not own Ethereum, but if they own WaykiChain (WICC), they can also do collateralizing. Since WaykiChain has launched the Defi platform, it has collateralized over 24 million WICC and issued over USD 1.4 million in WUSD. WaykiChain’s strategy in Defi is mainly to satisfy both supply and demand. Firstly, we will continue to increase the amount of WICC total collateral and expand the issuance of WUSD. Secondly, we will keep working hard to expand and develop commercial application scenarios of WUSD. Finally, we will keep innovating and explore more new products and technology. WaykiChain will continuously make contributions in the world blockchain industry with its leading specialization.
DOC3 Part 2 Paris Climate Deal (Whoever was involved wanted to at least appear to want world temperatures to decrease soon: Me, Ob, Ma, Xi, P etc. Trump cancelled it because he does not want world temperatures to decrease soon. He knows the world is burning and is a smart man, so logically, he must want these apocalyptic conditions to continue and even worsen. No country except China is on track.) Q: Why does Trump and those around him explicitly oppose the logical plan to decrease global temperatures, stop the melting of the ice caps and the devastation being caused? Q: Why do other leaders who appear to want world temperatres to decrease make decisions that do the opposite? Iran nuclear Deal (Whoever was involved wanted Iran to become more powerful on world stage: Merkel, Obama, Macron, Xi, P etc. Trump cancelled it because he does not want Iran - Home of Shia Islam - to become more powerful on the world stage.) Catholicism New Pope is decided democratically each time a Pope dies. It is possible to infiltrate. Last Pope was ex-Nazi Death Camp Soldier, who was involved in the Holocaust. Eton Is the best private school in the UK. It was established in 1440 by Henry VI and is situated approximately 1,000 metres from Windsor Castle, home to the Royal family. The Queen Mother, was known to drop by often. The Provost of Eton School during Boris Johnson's time, was the ex-Private Secretary of The Queen. Countries Chechnya Dominated by a specific religion Afghanistan Dominated by a specific religion Uzbekstan Domination by a specific religion Turkey Dominated by a specific religion Albania Dominated by a specific religion Kosovo Formed in the aftermath of the war in former-Yugoslavia Bill Clinton instrmental in forming international coalition that stopped the bloodshed and saved many lives, incluuding the poplation which now inhabit Kosovo. Population dominatin by a specific religion. OTHER NOTEWORTHY THINGS Stocks Stock markets are at all time highs despite multiple threats to economic stability including war with Iran, trade war with China, Climate change and natural disastors, Brexit, populist protests in HK, France etc. currencies Traditional Fiat currencies Western currencies are now worth a fraction of their previous value compared to years past, for example, when USA Dollar was pegged to Gold e.g. 1 dollar was worth 1 oUNce of gold. This is due to decisions by previous Western leaders / central banks to UNpeg their crrencies from gold, plus recent activities like quantitative easing i.e. when central banks just printed more money. They've been constantly dilting the value and legitimacy of their currency and borrowing huge sums on top of that increasing national debt. This will all rebalance at some point and when it does a dollar will be next to worthless. Bitcoin Bitcoin is a new, unregulated form of currency popular with the criminal nderworld as the beneficial owners cannot be traced. It's creator is unknown. It is a digital currency which relies on the availability of internet access and electricity. you cannot withdraw it physicallyu as you can with cash. Bitcoin spiked hard previously drawing in many inexperienced speculators, who lost a lot of money. Its price has come down significantly since then. The Bitcoin price is known and followed worldwide by millions. If bitcoin owners forget their accoUNt's numeric key, they can never access their fnds again. Bitcoin numeric accoUNt keys can be guessed if a powerful enough computer is used e.g. quantum compter is used. Bitcoin can be slow to access and withdraw money, The speed is related to Usage; more users making transactions, slower it goes. Many people now consider Bitcoin a way to diversify in times of trouble in a similar way to gold, as there are a finite number of bitcoins. Gold In recent years countries have been repatriating their gold reserves i.e. bringing that physical gold back to their own country. Some countries have been buying gold in recent years; Russia, Germany, Lebanon and some have been selling; UK notably sold the majority of UK's gold reserves at rock bottom prices in the early 2000s. Rare Earth Minerals In recent years countries have been seeking to become self-reliant on certain rare earth minerals which are crucial for indstry including USA, EU etc. When stock markets and western currencies crash, many will rush to bitcoin for 'safety'. Corbyn kept in power - who voted for him? how many? and why? clear he'd never be voted into power. HISTORICAL TIMELINE 1914 Assassination of one man leads to the start of the first world war in which several European nations and America come together to kill each other. Millions of predominantly Christians are left dead. The fighting extends to modern day Turkey and beyond. 1919 World War 1 ends. 1920 (one hundred years ago) UK and France takes over administration of Palestine, going back on their word to hand over control of Palestine to a now-defnct emirate ally. [Get name of ally, pls treaty name and date] A meeting of Islamic leaders takes place [Get mroe info] 1924 Sharif of Mecca, HUSAUN, fights brief war with Ibn Saud's Wahhabis and Kingdom of Sa'ud is established. 1930s The Great Depression The Nazi party is created and Adolf Hitler placed at the apex of this organisation. It pushes an odious, white-spremacist, anti-semetic doctrine. Using all manner of subversion, intimidation, violence, disinformation and propaganda, they scale German politics in the wake of economic hardship brought about by the great depression and scape-goat Jews for Germany's problems. Adolf Hitler democratically elected to power in Germany amidst backdrop of economic hardship and begins to cause great consternation in the capitals of Europe. UK and France have signed defence pact with Poland to come to their aid in the event of an invasion. Neville Chamberlain, UK's then Prime Minister, is wary of UK's relative weakness compared to Germany and takes an appeasement line to buy more time. Returns from meeting Adolf Hitler in Berlin. He says he has reached agreement with them. Peace in our time. Adolf Hitler invades Poland. UK and France go to war with Germany 1939. Neville Chamberlain resigns as PM. Winston Churchill elected PM. Millions of European Jews are systematically rounded up and murdered. Winston Churchill finally manages to bring Americans into war. Sauds support the allies and create strong and deep ties with the Americans. Winston Churchill avoids assassination attempt when nexpectedly called to attend secret allies meeting in North Africa. 1945 - Allies win war. 1949 - State of Israel created from British Administered Palestine and Jews Return from across the world. Commonwealth commnities brought to rebuild Britain, inclsing some from a particularly devout region of Pakistan. [When? Who?]
It's not legitimate at all. If this were legitimate there WILL be uprisings in Macau and Taiwan at least, and there are HUNDREDS of anti-China societies inside it that can fire up in an instant. What seems to be even worse is there are NO Media blackouts, the news is broadcasting them 24/7 as if they want to spread panic. If there is be a genuine revolution like the Paris Yellow Vests, they will get ZERO coverage.
What I think is the true motive is to invoke a People's Liberation Army response on Hong Kong. (Remember this is NATURAL ON ALL COUNTRIES regardless of what they are. If some Democrat is trying to annex California for example, Trump WILL send the national guard) Since this is China and it is an insane dictatorship like Russia and North Korea, all western "democratic" countries will make lip services and sanctions against China. Then Trump will very likely issue an ultimatium with China issuing an ultimatium on Trump. This will obviously lead to World War III, with the US joined by EU, SK and Japan, and China joined by Russia, NK, and most of South America. The end result is Communist dictatorships being "proven" to be superior over democracy (Like how "Multiculturalism" is proven superior over Nationalism/Patriotism in World War II) AND the final goal of the New World Order.
If you live in Yuen Long or the New Territories please evacuate. If you live anywhere else consider immigration through legit means, preferably to to a place where you think you CAN avoid being purged in World War III. (If WWIII starts you CAN be purged inside places like the US or Germany, mind you) If you don't or can't, stock 2 months of food, water, and bitcoins/Raw Gold/Precious Items to be pawned for money. Prepare backup electricity and internet because opposition CAN destroy electricity and internet services. Those are NOT peaceful protesters regardless of who tells you; They are agent provocateurs waiting to turn HK into a quagmire. (And don't forget the possibility of mercenaries)
If you have airsoft guns for whatever reason, please prepare them. It's possible that the People's Liberation Army can make "Knock on the Door" purges but the opposition and the US Army can too. If you do not respond they WILL destroy the door.
If you live in an apartment high above, please find a place close to the ground to evacuate. The basement of Churches and Flats if any might be good options.
Delete your entire internet history and cache regardless of which side you are in, Facebook and Google are cooperating with opposition to track down potential "Blue Ribbons" and execute them. It's also possible for them to cooperate with the Chinese Government and execute "Yellow Ribbons" instead, although it only depends on who gets the upper hand.
All of these tips are in case of a "worst case scenario." It might be better than expected, it might not. Read at your own discretion.
Things I have noticed during the Player Economy Event
Dear Battlestate Games, this is going to be a list of things I have noticed that has come out of the player driven economy test and some suggestions I have. First off. Things seem to have stabilized on the market that have a supply (like real economics), I'm seeing Hk 416's going for 120-130k because of them coming from raiders and players having them stored up (at least that's my theory) and other things that come from labs loot are properly stabilized. My first suggestion is this. We need to have world spawns for everything. Make them rare or uncommon for high tier loot, but it's necessary to have some where we can target for this loot, and have multiple spots. Example, currently the only place you can get Gen4 is from Ragman (when hes available) and raiders. If we have a place we can go to for loot, there is at least a decent supply. The only reason ammo like m995 and m62 is so expensive is because there is no where to get it other than from player stock piles. Another thing. I have noticed that lots of things are being put up for barter items, pretty much taking the place in which traders barters worked, and this is really neat. Players are kind of falling back to the "norms" as in what traders would barter and trade for, essentially just filling the hole that traders have left with their own market. My main point for this is, if we have a source of every item in the game, whether it be rare for high loot, and common for low, a player economy seems sustainable for sure. I think at some point that the vendors could easily become the secondary source and the primary source would be the players. The vendors would just act as a slight boost once in a while to help stabilize the economy further and not cause a crypto like fluctuation where you see something like bitcoin going from 3k a bitcoing to 15k and then down to 2 or 3k or whatever it is now. For us players, it basically means if something had a stable market price than only had like a 10% fluctuation for a large amount of time, and then either spiked or dropped, it potentially means the source of that was buffed or nerfed (this isn't a primary observation just a side one I kind of thought of as doing this.) Either way, hope you guys are getting some sweet data on this, and I really can't wait to see how you further implement this. Love ya guys, keep doing an amazing job.
Following up on my other post which shared only a few high level points I thought people would be interested in, here's a more in-depth summary of the meetup. THIS IS VERY LONG! I don't really have a TL;DR beyond my other short highlight thread, but I think there are some other high level summaries. This is for those who want a very thorough recap of what was discussed. I'm happy to update this with anything shared in the comments which I remember and think is additive to the summary, definitely didn't catch every single thing. I'm leaving out a few talking points/questions that either 1) I didn't totally catch, 2) provided no incremental information or 3) were just bad questions (there were some). Sunny's Speech Sunny began with a history of blockchain, from the bitcoin whitepaper to the first few alt coins to the advent of Ethereum. He then went on to discuss the extent to which these various stages involved meaningful/useful innovation: original alt coins did not, ethereum of course did, but is heavily flawed for enterprise use. He then went on to discuss what those primary flaws are and how VeChain is trying to solve them (scalability, governance, cost, etc.) He noted that technology is not blockchain's biggest obstacle, it's adoption. He talked about how, although some people will tell him to "get lost or something" he doesn't really believe in full decentralization. I think his point was that although it's nice in theory, it just isn't really practical, and it's a bad approach in particular for trying to get this new blockchain technology adopted in the mainstream. This goes back to something he said in another interview at some point - you can't just come in with totally new, radical technology outside the existing framework and replace everything that exists from the outside. You have to start within the existing framework, show people what's possible, and then change the system from the inside out. He went on to discuss what he sees as problems with some of the existing projects. Talked about how projects in the top 20 have ecosystems worth 2 billion dollars, hold hundreds of millions of dollars worth of their own tokens to be used for the project's development etc., but they don't have a CFO. He thinks that should concern people. I don't remember exactly where it fit in the narrative, but he discussed valuation/speculation. He pointed out that they have a number of their university research partners trying to work out token valuation models. He made a general point that more utility should equal more value, the implication being VeChain will have more real utility (and should therefore have more value) than any other blockchain. They had a slide showing some calculations and pointed out that if you look at the known metrics, the dividends, etc., the price of Google's stock is 85.7% speculation. Only $161 of it's $1,128 value (at the time they ran these numbers) can be tied to the current value. For Tencent, it's 93.5% speculation. He jokingly pointed out that in crypto it's about 99.99%, but I think one of the unspoken points here is that it's silly to think that on mainnet launch speculation about the future value is going to go away and you'll just have token value based on current Thor production. That isn't how markets or valuation work. He then basically mocked people complaining about the code not yet being open source, and there being no whitepaper - the people who think these are red flags and that the project might be a 'scam'. As if PwC and DNV GL didn't do extensive diligence. On this point, I'll quote GarzyWarzy from another thread: "Sunny mentioned that the crypto community as a whole doesn’t seem to appreciate the level of reputational risk that these multi billion dollar enterprise partners take by publicly backing a blockchain startup (“what do people think would happen if PwC backed us and we failed in 6 months?”). As an investment banker who deals extensively with corporate governance issues and every type of business risk imaginable, I will add my two cents that this risk is massive and that is it a clear sign of extensive diligence and extreme trust in the VeChain team to execute their business plan for developing their ecosystem. Always remember, “it takes many years to build a reputation, and seconds to ruin it”." I'm a corporate lawyer and couldn't agree with this more. The people who think a whitepaper (which they likely wouldn't even understand) is more reassuring than the endorsement by DNV GL, PwC, Draper and Breyer (who would never, ever make such an investment without extensive due diligence) have no idea how things work in the corporate world. DNV GL and PwC are recommending VeChain to clients, and Draper and Breyer have made investments through their funds, where they have a fiduciary duty to the investors in those funds. The amount of diligence that occurs before taking those reputational and legal (negligence, breach of fiduciary duty, etc.) risks is truly exhaustive. Back to adoption, Sunny went on to compare blockchain to TCP/IP, as he's done in the past. Most people use email every day, but do they care about TCP/IP? Of course not. Blockchain will be the protocol infrastructure for things people use every day, whether they know it or not. At this point, continuing to talk about adoption and use cases, he mentioned that they signed a top 3 insurance company in China as a client, and he also mentioned a CRM use case that's in the works. He said the whitepaper will be out in a few days, and will explain a lot of what they're doing/what they're trying to do, and what some of the use cases are. They are focused on developing as many practical use cases as possible - this is how you get adoption. Once the use cases are defined, you can start "developing killer dApps" in relation to them. I think this is, to some degree, a subtle shot at Ethereum - his point here being that developing lots of dApps on a platform doesn't really mean much unless those dApps actually relate to a practical, defined real world use cases which ensures they will be used and adopted. The whitepaper took so long because, in Sunny's words, his "english sucks" and after he wrote it, his teams needed to double, triple, and quadruple review/edit/refine what he wrote so that it is in professional english. Back to adoption, he stated there are around 13/14 crypto projects they are working with who intend to use VeChain (either porting over from Ethereum or launching an ICO on the platform. More on this in the Q&A section). One of them is a company that already generates $50 million/month in revenue and want to 'blockchain-ize' their business. He pointed out here this is a company that isn't just interested in padding their coffers - they have money, that isn't an issue. These are the types of projects they like to work with. They aren't interested in being a 'shitcoin generator' (this was said by Sunny in the Q&A and got a laugh and round of applause). Last point on this, he noted that BitOcean is taking so long because the "Japanese government are being assholes". That's a direct quote. Sunny is hilarious. I can't overstate how likable he is - he comes off as a down to earth, cool, funny and easy going guy. Kevin's Speech Next, Kevin spoke. This was a short update on authority nodes and the mainnet. He mentioned that most projects have masternodes as basically a marketing tool, they aren't that meaningful or necessary. VeChain's authority masternodes are essential to the ecosystem. You can not become an authority node if you can not meaningfully contribute to growing the ecosystem. There is no room for negotiation on this. They aren't interested in having random people running validating authority nodes for profit and nothing else. As far as the application process, they received over 100 applications and are expecting more (authority node application and monitoring process will be ongoing to make sure VeChain has the best authority nodes possible and that each node is continuing to fulfill all of its obligations). As far as the applicant pool, they were about 71% enterprise, 29% individual. About 52% China, 23% America, then a mix of HK, Singapore, Japan, and others. He then addressed the mainnet. Internal testing is done, they are now moving on to the public alpha testing, which is by invite only and is not the open source phase. This phase starts today and includes a number of professional firms auditing the code: PwC's cybersecurity team, secureware.io, Slow Mist, and Hosho. They will also be putting a bug bounty on Hacken eventually, finding a critical vulnerability could get you up to 2000 VEN tokens. This private testing will go on for a few weeks, before the public testing begins in early June which involves the code becoming open source - as of now, they expect it to start in the first week or two of June. Then, he announced the 1 VEN to 100 VET token split. The example he gave was talking to friends about buying Bitcoin - some responded "it's already $8000, I can't buy a bitcoin I can't afford it". Kevin would respond, well actually you can buy .001 bitcoin if you want... and then they'd lose interest. I think what he's getting at is they want to be prepared for years down the road when demand is enormous - they don't want people dealing in fractions. Yes, I'm also sure they are aware of the implications for this in terms of price and the attractiveness of a 5 cent token verses a 5 dollar token. I don't deny that. Look at fucking Tron. The Q&A Session Someone asked about how the authority nodes will be monitored. Kevin explained there will be a dedicated team for this. They are serious about having the highest quality authority nodes and holding them to the standards they expect. There will be a quarterly review process, and any issues will be brought to the Steering Committee, which may decide to remove/replace an authority nodeholder if they aren't contributing and fulfilling their obligations. He noted that the whitepaper will include a thorough section on their governance model. Question about it being difficult, currently, for companies (especially in the west) to find out how to contact them and work with them. What are VeChain's plans in terms of a business development team, marketing, etc. Sunny explained that while obviously they'll have an internal BD team, and this is being built out, they also want to heavily leverage the resources of the community. In a way, the community will be a giant business development team, and they will create standard toolkits for the community to use to market/introduce VeChain to people in the first instance. The guy then asked what if I got you Pfizer - that's enormous, what's my incentive? Sunny responded there will be rewards in VET tokens for bringing them clients. I don't remember what the exact question was, but it was noted at this point that although the private, consortium chain is an Ethereum fork, the mainnet was built from scratch and is not an Ethereum fork. They did intentionally use the Ethereum Virtual Machine, though, so that Ethereum dApps can be easily ported over to VeChain. It sounds like they expect this to happen quite a bit. They also talked about how they went through the web3 libraries and 80% will be able to work directly with VeChain. They want interoperability, compatibility, and ultimately, an easy transition for Ethereum developers and dApps. Someone asked about them building out their own IoT business or letting others do the IoT work. Sunny talked about how he believes IoT is the way to connect blockchain to the physical world. There was a story not worth sharing about why they initially acquired an IoT team, but he gave this example: when Apple first released the app store and the ability to develop, nobody knew how or used it. So, Apple built the apps themselves and basically showed everybody what was possible and how to do it by example. So too will VeChain take this approach. They are partnering with IoT manufacturers and developing some of their own IoT solutions, and they'll continue to do this, but the point isn't to dominate IoT. They are showing the world by example what can be done in terms of IoT on the VeChain platform, and they ultimately want people/enterprises to be able to create their own value and their own IoT solutions on the VeChain blockchain. Anyone who wants to do so will be able to. Question about enterprises buying once the enterprise pool runs out - what happens if enterprises aren't comfortable doing what all of us have done (wiring money to a fiat gateway exchange, buying bitcoin/ethereum, moving it to binance, buying in the market, transferring out of binance, etc.). Kevin isn't really worried about this. They are talking to exchanges and service providers about it, they're talking to Circle about fiat pairing, etc., but realistically Kevin can see that exchanges are becoming more advanced and that ultimately they will be institutionalized in a way that basically just mitigates this concern. Question about storage of VET tokens after mainnet. There will be a mobile wallet launch at the exact same time. This mobile wallet will 1) facilitate the token swap from VEN to VET (most people will probably do this on exchanges, but eventually you'll be able to do it in the mobile wallet if you missed doing it on an exchange), 2) have a module that shows you what kind of node you are, 3) automatically receive your generated Thor, and 4) eventually allow you to hold other ERC-20 tokens. They also mentioned that although they're talking to ledger, etc. they are developing their own hardware wallet. Kevin explained this is essential for enterprises serving as authority nodes or holding large amounts of VET. They aren't going online and ordering a ledger and setting it up. VeChain needs to be able to provide this service and assurance for them, and they will. This is why these guys are lightyears ahead in terms of enterprise adoption. They've thought about these things. Question about 'competitors' like Waltonchain. First, Sunny goes "who?" and Kevin goes "what's Waltonchain?" But then Sunny went on by saying the "right" thing - there are no competitors in such a fledgling industry. He would love to hold hands with the other blockchain projects trying to do good things, and walk into the future together. He thinks projects can learn from each other and help each other. They aren't trying to crush competitors or beat anyone or anything like that. However, Sunny also jokingly asked "Seriously, why do people think Waltonchain is our competitor? We are what, 15th biggest project, and they are...?" He also went on to say that he is judging some competition or tech demo later this month on the 26th-28th, and that Waltonchain is the demo product. He thinks this is sort of funny, but also said if their product is great and the demo is good, there is no reason he wouldn't support them, vote for them, etc. Question about Breyer and Draper relationships. Draper is invested in many cryptocurrency projects and many companies, has tons of connections, and he gives VeChain a way of talking to all of those projects/companies. Breyer was the one who set them up with the research team at a Chinese university, he was the link to Circle to discuss fiat onramps, etc. The connections these guys bring are tremendous. I should note here that in a small group conversation with Kevin during the networking portion after the speeches, which was initiated by GarzyWarzy (perhaps he can elaborate further), he confirmed that Breyer and Draper are both meaningfully invested in tokens, not just equity of the technology portion of the company. Some clown actually used up time to ask "is CCK here?" Sunny said someone asked him this at Harvard also, and he was absolutely adamant that he doesn't know who this person is or how they are getting the information they have. He did not comment on it beyond that. He clearly thought it was a dumb question and said seriously that once and for all, he really doesn't know who it is. Question about how many projects will be running on the mainnet day 1. Sunny said it's hard to say for sure, but that there are currently between 20 and 25 use cases deployed on the consortium chain, all of which will be moved over in the first few months. He also mentioned the 15ish crypto projects that will be moving over to or launching on the platform, and the fact that their client pipeline is now over 250. He transitioned a bit from this point to discuss how they "don't want to be a shitcoin generator". If you come to them with a project that is just an ICO with a whitepaper and no product, no proof of concept, etc., they're not going to want you to launch that. They would rather invest in you if they think you're a good project, help you develop those things, prove out what you're trying to do, then help you launch a serious ICO or dApp with a real use case. Again, they are all about practical use cases, this is the path to adoption. That said, the project will be open source ("you guys asked for open source, so") there will be some shitcoins, it's unavoidable. I think that covers most of what I remember. Hope you all enjoy!
Friday, 1PM: I leave work early. I have to set up for the gun show early because the only time my mechanic has for the alignment rack for the next week and a half is friday afternoon and I am in need of an alignment to keep my Michelin Defender's in a nice predictable wear pattern. My loadout this weekend includes a whole bunch of the usual stuff, Colts, Sigs, HK's, Glock's a few Springfields and four Daniel Defense rifles and an FN SLP Mk 1. I haul over a few used guns that I just took on trade too, a Tavor 556 LH and a Mossberg 500 that I got for $100 off someone wanting to trade it towards a new Glock 23. Four trips with the hand truck gets everything in before the rain starts. I have reserved two tables but I have enough merchandise to cover three. The exhibitor tells me tables went up so two tables cost me $160 for the weekend and I consider it a small expense to view the express train to hell that is the gun culture. 45 minutes flies by as I set up my table just the way I want it and I get to Lenny's to get my alignment done. He's been doing an alignment for me no charge for the past 3 years after I told him NOT to buy an old Browning shotgun he fell in love with on gunbroker. He wanted to use it for upland hunting, sporting clays, skeet and anything moving through the air killing. It was an old gun that had FIXED barrel chokes - Full and Full. I told him RUN LIKE HELL. He said my advice saved him from a $1500 mistake and the least he can do is keep my car on the road no charge. He gets my car set up on his $80,000 hunter alignment rack and finds my toe in is way out of spec. He spends a few minutes banging around with a wrench and everything is all good. As he's doing that, since I know he won't take my money - I walk to the 7-11 across the street and grab him a tall boy of Rolling Rock. His week is so shitty that he shotguns it faster than Brett Kavanaugh circa 1982. Time to head home. I'm halfway there when the phone rings ring ring FC: Go for FC 1: Hey FC, it's Captain Bob. How's it going? FC: Good! I got your stuff fixed and ready to go on my desk. 1: I can be there in 15 minutes! FC: I'll turn around, see you in 15. Captain Bob is a four stripe left seat pilot for Delta on the triple. We love talking airplanes and guns. He's had me tune up an old 220 he wants to use at a class he's taking at FLETC later this year. Like a good pilot, he believes in a comprehensive pre flight inspection. And since his type rating says B777 and not P220, he wanted someone to make sure he's not taking a dud to class. All I did to it was give it a visual, clean and lube and although it probably didn't need it - it had a 20 year old recoil spring so I installed a new one just as a precaution. I get back to my desk and get his gun ready, cleared and slide locked back as he walks in the door. He just got home from running a 777LR to Johannesburg and back and is very pleased to see his old 220 ready to roll. I take my glasses off and point out he's got a little bit of slide peening in a few spots but just keep it lubricated and it's normal wear and tear since he does not shoot it much. He asks me if I have any 300 blackout ammo, I pull a case of 220gr OTM off the shelf. I tell him $450 on the ammo and the pistol inspection and recoil spring is on the house and he's having none of it. Hands me five crisp hundos and tells me to keep it. Just as I'm tucking the cash into my desk drawer, my door opens up and since I'm not wearing my glasses - I see a blurry silhouette of.....is that wonder woman? HUGE TITS on a small frame. I can't tell what's going on. FC: Hi! Lady: Hey FC, it's Lisa. I was just getting my wedding dress altered next door and wanted to say hi! FC: Oh hey! I'm not wearing my glasses so I have no idea what's happening! Lisa: See you tomorrow! FC: I'l be there! So anyways Bob, that was strange. I am normally not used to having my door flung open by halfway attractive women..... Bob: Neither am I! You should see some of the FA's on the J'burg route! We have a laugh. Some more airplane talk about the old 72's and I tell him about the time I greased it in the box on the A320. Turns out he flew A320's as well as boeings and we revel in the differences in both the airplanes. I really like the Airbus design and their workflow even though Boeing guys love to hate it. He's happy with his 220 and we pull chocks. I head home, throw a ribeye on the grill and go to bed early. I've got a busy day in the morning. Saturday morning I wake up at 7AM and look at my to do list. Shit shower and shave. The gun show closes at 5. Lisa's wedding is at 6. The venue is at the lake 39 minutes from the VFW hall. I have a plan. I will leave STRAIGHT to the venue from the gun show and I'll put on dress clothes below the belt. After all, how often do you look at another man's pants? I throw on an HK black NO COMPROMISE Polo shirt untucked with a black alligator belt and Canali navy slacks with my new Allen Edmonds boulevards in black. Socks by Brumell and boxers by Fruit of the Loom. I walk into the VFW hall with a non iron Lauren white spread collar shirt, Ted Baker tie and Canali jacket slung over my shoulder. Nobody notices the pitter patter sound of leather soles on the concrete as the show starts coming to life. It's 8:55. Lets get this show on the road. The loudspeaker crackles and lets everyone in the hall know the doors are about to open up and asks us to check all our guns for ammo and zip ties. I get my table ready and pull out my 4473's on clipboards and check my pens. FFL in frame is standing up on the table, everything is tagged and tied. There will be no discharge of firearms at my table as a result. 9AM: Show opens. It's dead. Deader than dead. Like, life support dead. Typically there is a line from the entryway of the hall and around the building to get into the show every time. This is not the show of years ago. This summer has been atrocious. I talked to the promoter and lots of vendors did not reserve tables for this and the next show. The numbers are way down. Some people start to trickle in but it's not a good sign. 9:30AM: A fellow walks up and asks me if I have a Sig 226 TACOPS with TB in stock. I don't but vendors do. He drove 2 hours to this show to try and find one since his local place did not have it. They're on contract with sig and refuses to order one from distribution to make him happy and Sig has no idea when they're going to make more out of New Hampshire. Well, thanks to Ron Cohen making 26 SKU's for every single pistol - that's what you get. 9:41AM: Fellow wearing an INFOWARS shirt molests way too much merchandise on my table than I'm comfortable with. I shoot a knowing eye roll to Noah over at the next table. He's a 27 year old jewish gold bullion dealer from Long Island that votes libertarian and laughs at all my jokes. He adjusts his RON PAUL FOR PRESIDENT banner hanging off the edge of his table as I wait for Finger McBangerson here to go away so I can wipe down all my stuff. 10:23AM: Guy walks up to me and he says he's looking for a shotgun for competition. I point him towards the SLP at the end of the table. 10:24AM: Older fellow walks up to me and says he's looking for a gun for his wife as he lifts up a Colt Commander. I tell him that will definitely kill his wife. Guy looking at the SLP cracks up laughing. Older guy looks at me mortified. Then he gets the joke. Asks me about suitability of a steel framed colt commander for her. I say probably not a good first choice. Perhaps you should send her to an NRA basic pistol class. 10:39AM: Guy asks me what's the best I'll do on a Glock 17L. I tell him the tag is already priced more than fair. He asks if he can buy it with cash if he can get a discount. I'm like let me see. I ask him if he's got a state CWL. He says yes. I take off $20. He says it's a deal, hands me a stack of money, current CWL and a California drivers license. FC: Do you have residency in this state? 1: No, I'm here visiting for work FC: And you want me to sell you a gun with a California drivers license and no residency? 1: DUDE! KEEP IT DOWN! Do you have any idea what would happen if people found out I didn't live here? FC: YES I DO! They wouldn't be a party to you breaking the law! I hand him all his shit back and tell him to get on the next flight to Fresno. 12:01 PM: Lunchtime. I pick up my sammich from Jersey mikes and nobody fails to interrupt me to throw money at me. This is not a very good sign. 12:16 PM: I am scarfing down the last of my sandwich as Infowars shirt guy comes back around. We chat a bit about 1911's and he eventually tries to convince me that I need to buy the water filter that Alex Jones is selling to keep us from turning homosexual. I tell him now I'm not gay, but look at these shoes. I pull my left hock up and put a nice shiny new Allen Edmonds boulevard on the table. He seems to recoil in horror. As he walks away, I tell him he didn't even notice that I had them straight laced! They're fabulous! Nobody understands my humor. 12:33 PM: The vendor to the left of me is selling clothing offensive to the left. MAGA hats, anti snowflake shirts, ISIS hunting permit graphic tees, etc. I debate calling one of my guys and having "MAKE 45ACP GREAT AGAIN" hats made up. I call up r_shackleford and he thinks this is genius. We trade witty banter back and forth for a few minutes. 12:49 PM: The vendor in front of me is a gigantic pawn shop with 16 tables. There's a woman trying to sell them a rifle, and not succeeding at all. Sam looks over at me and points and says to her "you know, he buys guns too!" FUCK YOU SAM. FUCK YOU LONG. FUCK YOU HARD. The hambeast approaches and thrusts a rifle in my face. "WE BUILT IT CUSTOM" she says. "I NEED MONEY FOR CHEMO" she says. The barrel says 223 Wylde. The lower says Aero Precision. The price tag says $1500 OBO. I tell her she'd be lucky if she got HALF that in this economy. She complains that they really need the money and her two demon spawn that are traveling with her seem to be tired of her getting the same speech from every vendor in the hall. NO YOUR GODDAMN HOMEBUILT 223 WYLDE AR15 IS NOT WORTH $1500 It's not even worth $750 It's worth MAYBE the same price as a new PSA rifle - $350, $450 tops if you threw in the little girl. Editors note (start voice over here): Hi, I'm Matt Damon. Human trafficking is no laughing matter. For just a small donation of $50 or more, you can fight human trafficking. I prefer that you donate to Rapha House International, a charity dedicated to preventing sex trafficking and providing care and treatment to its victims. If you go to the post in the top of guns and donate, you can even stop shitposters like FirearmConcierge from posting stuff like this for the rest of the month if you donate enough money. This sort of support can only be made possible from viewers like you. Please, donate today. Stop the suffering. For the little girls. For reddit. For America. The lady looks at me like a truck stop rapist and inevitably proclaims that SHE KNOWS WHAT SHE'S GOT. Words fail me. I shake my head as she walks away with her demon spawn and I shoot a look back at sam and mouth very carefully YOU FUCKER back at him. Sam cracks up laughing. 1:12PM: I'm asked if that's a Dead Air Sandman on my table. I say yes. Guy asks to look at it and explains to his friend that it's a DAA Sandman and talks about the mounting system. FC: You know your stuff. 1: Yeah I just bought one. FC: I'm the only DAA dealer around here, you don't look familiar. Who'd you get it from? 1: Silencershop. Used the kiosk at a dealer in another city 1.5 hours away FC: Uh, I stock the sandman and would have made you a deal. Why'd you do go through them if you don't mind my asking? 1: Well it was a timesaver. FC: How's that? I mean that place I know is an hour and a half away without traffic, so you made a trip there to do your stuff - then back. That's 3 hours. Then another 3 hours after your stamps clear - so that's 6 hours in a car total. I can call the PD, make an appointment for you to roll your prints and you're done in 15 minutes. Photos at CVS are another 15 minutes. How is 6 hours a timesaver instead of 30 minutes? 1: Well I just knew that if I had to make more than one stop I'd never do it, so it was spend 6 hours in a car and get it done in one shot or spend 15 minutes doing fingerprints or photos and being too lazy to do the other one and never sending in the paperwork. So this was the better choice for me. FC: Uh. Okay? 1: Why don't you have a kiosk? FC: I'm not paying $9000 for something that's going to save you time and cost me money and then have to deal with being tech support and having a device in my place of business that compresses my own margins. We're down to making $50 on a can from making $350. This isn't a position I'm interested in taking. 1: Well, sucks to be you. I'm buying all my cans from silencershop now! FC: Enjoy your 6 hour drive. 1:30 PM: Man walks up with an old stainless combat commander colt. Series 70. No original box and sights. Looks well used. Thinks I’m crazy when I say I won’t give him $1000 on trade. 1:39 PM: Guy comes back. Guy wants me to put a can on his 1917 eddystone that is not threaded. He asks what he can get for $150 1:45 PM: Lady picks up a Trijicon RMR and asks to turn it on. I shove a battery in it and turn it on. 1: This is a laser sight right? FC: This is an RMR from Trijicon and RMR stands for Ruggedized Miniature Reflex sight - it uses a laser of sorts and projects it onto this lens here.... 1: THIS COSTS $500? AND IT DOES NOT EVEN PUT IT ON THE TARGET? FC: Well if you just look through the lens here you can see the red dot projected onto the glass..... 1: I CAN BUY A $30 LASER POINTER AND DUCT TAPE IT TO MY GUN AND I'D BE $470 CHEAPER AND IT WOULD PUT THE LASER ON THE BAD GUY! WHAT IS THIS GARBAGE YOU'RE TRYING TO SELL? She walks away. My mouth is agape. 2:15PM: Old guy walks up and points at a Glock 34 I have on the table. MY FRIEND BOUGHT A GLOCK IN 89 WITH NYPD AND SHOT HIMSELF HOLSTERING IT. I DONT TRUST THE DAMN THINGS and shuffles away without me having time for a rebuttal 2:21PM: Someone walks up asking me if I want to buy a used les Baer Comanche. I tell him I buy when I can make money. I look at it. It’s clean. He wants $1600. Street is about $1600, that's all the money. Street the gun sells for about $1799 NEW, which means I can buy it for less than $1600 new. I tell him this. He looks at me like Elizabeth Warren looks at Brett Kavanaugh and shuffles away. I shake my head as I notice a familiar face walk up. I can't place it. He looks at some guns. 2:25PM: I'm asked if I have a card from the familiar stranger. I reach down into my wallet and fish one out, I hand it to him and he smiles at me. It finally clicks. FC: Dr Livingstone, I presume. Doc: I haven't seen you in years, how have you been? (The doc is FC's old therapist. He can't say hi to me walking around due to HIPAA but if I open a dialogue, it's okay) FC: Eh, same old shit different day. I uh made some mistakes a few weeks ago and I thought of you. Doc: Oh really? How so. FC: Well uh. You remember that day when I told you to go back to the Office of the Bursar at UCLA and ask for a refund on your $125,000 post graduate education because it was nothing but academic detritus? Doc: Well, I hadn't thought about it for a few years but it sounds like something you would say. FC: It was right after you told me that I used 3 different quotes from 3 different academics in a span of less than 5 minutes to answer your question. You said that I intellectualize as a defense because I don't like getting close to people. I said you're full of shit. You asked me do I even know what intellectualize means? I said of course I know what it means, what do you think I'm some kind of idiot? Then you sat there grinning like a Cheshire cat at the thought of making me eat my own words. Doc: Haha. Now, that sounds familiar. I remember that. FC: Well I don't know how many patients are willing to say it but you were right and I was wrong. Doc: I don't get much pleasure in hearing that, but did you learn anything about yourself? FC: It took a few years to realize you may have been right all along but yeah. Doc: Then what does it matter who's right or wrong as long as you learned something? FC: Hmm. That's not bad. How's business? Doc: Full appointment book and not taking new patients. FC: I guess you could say it's........a little crazy? Doc: I missed your humor. Tell me about this Glock 45... I show him a few different guns and crack jokes about disgruntled patients. He says he'll think about arming himself what with crime and mentally unstable people being growth sectors in this post-trump apocalyptic nightmare. I tell him to be fore warned is to be fore armed. He seems reticent, but I can only lead the horse to water. I can't make him drink. 2:51PM: Fellow walks up. 1: I need a colt ladysmith. Do you have one? FC: the colt or the ladysmith? 1: The colt ladysmith FC: is it a colt or a smith? 1: smith FC: which model? 1: the ladysmith! FC: I know but I need to know what model. They put that on a bunch of different guns 1: it’s the one with writing on the side of the gun. It says. LADY SMITH on it. You know the one I realize the strongest case for repealing the second amendment is spending a day talking to people at the gun show. 3PM: Two hours left to go! The end is in sight! I haven't sold a single fucking gun yet! 3:02 PM: Man walks up. Hey do you have the new Sig 925? FC: You mean 365? 1: No the 925 FC: Sig does not make a 925 1: Yes they do, it's the new one. FC: The 365? 1: No! The 925! FC: Can you show me a picture? 1: It's the one on the magazine. FC: Most of sigs guns have magazines. 1: I mean the one in print. It's on the cover. FC: The cover of the periodical you mean? 1: Yeah! You know the new one! FC: Well if it's on the cover, it should be easy to find on google. Can you show me a picture? 1: There's nothing coming up on google for the Sig 925 FC: Maybe perhaps its because it's the sig 365? 1: I'm telling you it's not that. It's the new one they just came out with. It's the 925. FC: Care to make a wager? 1: No. FC: If you bring me a photo I can try to narrow it down. 1: I'll find the magazine at home and bring it in tomorrow. FC: Periodical. 1: Whatever. 3:11: https://www.youtube.com/watch?v=SUFSB2plwzM 3:12: Numismatist neighbor Noah asks me a question Noah: Hey! What's a hi point? FC: A cry for help! (everyone laughs) Noah: No I mean price wise? FC: Like $100, they're garbage guns. Me and Noah start talking. I am moving more and more libertarian every day. He's the treasurer of his local LP chapter in Suffolk county. For a jewish kid from Riverhead, we sure have a lot in common. We get into an animated debate on the virtues of Kelo v New London in that it was a shitty position for the town of New London to take Susette Kelo's house for redevelopment under eminent domain. If they wanted to redevelop it, for the government to use eminent domain is a government run amok. As a libertarian, he hates government overreaching - as someone who also hates that sort of thing, we are in very vocal agreeance. The tshirt vendor is listening to us debate the merits of the case and how the SCOTUS created a TERRIBLE precedent regarding government using the takings clause and when we finish he asks us a question. TShirtGuy: How the fuck do you two know so much about a supreme court case? Noah: Well, when you went to college and you're an economics and pre law major.... FC: Let me make it simple. WE ARE NERDS! Everyone has a laugh. TShirtGuy: Speaking of funny, check this out! He holds up a shirt. It says in big print on the front: the the reason gun shows exist is so women can know what it’s like for when they drag men to the mall I chuckle. 3:13 PM: I get in an argument with the republican candidate for office of something or other on gun laws. He is stupid and he is going to lose. 3:23 PM: A nice lady walks up. She looks familiar. She looks at some guns and feels up a 226 and remarks how well she likes how it handles. FC: You're Bernice, aren't you? Bernice: Why yes I am! You do not look familiar. How do I know you? FC: You're still working at the courthouse right? Bernice: That's right! FC: Judge Snyder, right? Bernice: No! He moved up to the appellate circuit last month it's... FC: Judge Reinhold! That's right, one of his JA's called me to buy a gun last month. I forgot Christine told me, you're right. Bernice: Holy crap, you have an incredible memory. When was the last time you were in front of Judge Snyder? FC: Four years ago. I was the one that filed the motion citing the big lebowski. Bernice: OH MY GOD THAT WAS YOU? I remember that! FC: Yeah and I had to go dumpster diving to get my phone back. Shit, was that really 4 years ago? Fuck. We talk more about guns and stuff. She loves her old West German 226. I tell her that if she really wants to have some fun, she should ask Judge Snyder to tag along on his next range day. About two years ago, the judge called me up asking for some advice. He's Tet offensive era USMC and wanted a new toy to reach out and touch someone and was dead set on getting a new SR25. I talked him out of it because SR25's are stupid expensive. I knew of another dealer that had a T&E 20" SR25 that they were looking to unload cheap and I told him that with the amount of money he'd save going to the T&E gun versus the new one - the delta would more than cover a Nightforce NXS, rings and mounting and that would save him money and be a good performer. I'm friends with his daughter on facebook and they both looked like they had a lot of fun ringing the gong at the gun club. Bernice is impressed. Too bad she's not my type, we'd get along fantastically if I was 15 years older. 4 PM: 60 minutes left to this shit show. 4:04PM: The loudspeaker crackles. ATTENTION ATTENTION: BRETT KAVANAUGH HAS JUST BEEN CONFIRMED TO THE SUPREME COURT. The proletariat rejoices and hooting and hollering typically reserved for the LSU game breaks out in the hall. ALSO WILL THE RED JEEP PARKED IN THE FIRE LANE PLEASE MOVE - YOU ARE BLOCKING THE BBQ GUY FROM LEAVING. RED JEEP. MOVE OR YOU WILL BE TOWED. 4:11 PM: Guy walks up in civvies. 1: I wanna buy this but I’m not a state resident FC: well what’s your deal? Give me some more to work with. 1: I’m from Texas but I’m in the military FC: if you got your orders - PCS to any base in this state says you’re a state resident, but if you don't - I can't help you. I know a lot of guys don't travel around with their orders.... JUST AS I SAY THAT the guy pulls out a wad of hundreds out of his pocket and his PCS paperwork, signed, rubber stamped and billeted. THIS HAS NEVER HAPPENED BEFORE. I give him the clipboard as I look at his paperwork. No blank spaces, approved change of station to Barksdale AFB, address reads base housing, everything is in order for the young airman. HOLY FUCKING SHIT. THIS IS AMAZING. Forms done correct on the first swing. I AM WAITING FOR THE OTHER SHOE TO DROP. I call in the transaction and they tell me that the national system is down. NO IDEA WHEN IT'S GOING TO BE BACK UP. I tell the USAF that the system is down and we can't do anything. He takes my card and hands me money and says just call him when it's ready to be picked up. Huh. Okay, he's cool with that. His girlfriend lives over here so he's back here every weekend. Done! I mark up the paperwork with some notes. 4:23 PM: One guy just walked up and told me that he had no idea HK made rifles. Apparently made a bunch of rifles a few years ago and stamped glocks name on them for Glock. Since Glock can't be found out to be making rifles. This captures the attention of another guy who asks me if my Glocks on the table have fluted firing pins. I tell him they do not make fluted firing pins. That makes no sense. He says yes they do make sense. They're fluted so they shoot underwater. 4:28 PM: Noah's table has someone in front of it debating buying some gold. As they delve into the discussion of gold and FIAT currency, I hear the following. 1: Bitcoin is a webpage. It’s like buying stock. Bitcoin issues shares and it dilutes so the price goes down. Noah: I don't think that's how it works. 1: You’re basically buying a part of a big webpage FC: This is like listening to someone try to explain that pi is exactly 3. Noah: What's wrong with you? FC: I am the Anthony Bourdain of the gun world. I eat, I drink and I yell at idiots. 4:45 PM It's getting close to show close, I need to get ready for the wedding. I grab my Lauren shirt that thankfully is non iron and just dressy enough to work and just casual enough to be worn without a tie if you need to and whip off my HK polo. I put on the shirt and tuck it in as I notice a lovely couple walk up out of the corner of my eye. Its Jim and Jane, Jane is a pharmacist that works at the hospital and Jim is a Gastroenterology resident at the hospital too. They buy lots of guns from me. I finish tucking in my shirt as we talk shop. Jim wants 6 cans, 3 handgun and 3 rifle and wants to know what his options are. I rattle off all the options I would look at and I write some down on a legal pad for Jane to show him on the computer when he gets home. We talk 762 vs 556, 45 vs 9mm and direct thread vs QD for about 10 minutes as I tie off my blue Ted Baker tie into a Pratt knot. The apex of the tie just touches my belt buckle. Length is right on the money, and I didn't even have a mirror. Jane approves of my knot and color selection. Go me. 4:55 PM: Fabulousness achieved, I call back in and find out national system is still down. FUCK. Well this is gonna have to wait till tomorrow. I shove Airman Cecil O'Malley's paperwork under the table and start stowing stuff since the show is about to close. 4:59 PM: Table is covered up and FC is walking out the door as the announcement crackles over the loudspeaker. THE SHOW IS CLOSED. PLEASE LEAVE THROUGH THE FRONT DOOR. 5:01 PM: On the way to the wedding! I stop at Target along the way because I've forgotten to get a card. I find one that says "It was meant to brie" on the front. It has some greeting card herpes, aka glitter on it but I have no time to be picky. As I'm in line to checkout I write something cheeky. "I always said love was cheesy and I camembert it sometimes.....Love, FC" The cashier scans it, I plug my amex into the card reader as I slip in a yard in there and seal up the envelope and slide it into my jacket pocket. The ride to the lake breaks every speed limit in two counties. 5:45PM: I arrive 15 minutes before the ceremony is about to begin and the parking staff puts me in the back lot. I hike over to the open bar and get a fresca. I'm supposed to behave myself, so FC quit drinking and is just chilling with a fresca as he scans the room. I know NOBODY at this wedding except the bride, groom and MAYBE the bride's massage therapist. Nope. I know nobody here. Awwwkward. I behave myself and sip on a fresca as the wedding starts. She gets married. She says yes. He says yes. FC is an ordained minister and can step up and marry someone in case there's an emergency but my services will not be needed at this wedding because things are going smoother than a cold filtered miller genuine draft. It's all good. The DJ announces the new couple and they walk down the aisle together as husband and wife for the first time. The music starts playing. https://www.youtube.com/watch?v=NNEgUPKxk7A ITS HEAVY D AND THE BOYZ! I HAVE ALWAYS WANTED TO GO TO A WEDDING WHERE THEY PLAY THE COUPLE OFF TO HEAVY D! I mention this to the people sitting next to me and they're like it's just like hitch! I'm like what? They go on to explain to me that it's a movie. Starring Will Smith. Huh. Didn't see that one. 5:45 PM: The open bar and the food is coming out. I look around and I definitely do not know ANYBODY HERE. I need to eat and go home. I grab a plate of cocktail shrimp and some lobster sliders and sit down at a picnic table away from the crowd. I don't even notice a busty brunette with cleavage showing also sitting at the table staring at her phone across from me until she says hi. 1: Hi. FC: Hi. (I scarf down a lobster slider. Munch munch) 1: So how do you know the lovely couple? FC: Well she was a friend of a friend and next thing you know I'm showing up to the Christmas party and the wedding. Then Seth is showing up and then they're getting married. You? 1: I work with Lisa, I'm a flight attendant. But I've been out of work for a few months. We had this thing at work. It's called a fume event. I happens when well uh how do I say? FC: Contaminated bleed air via the pneumatic air conditioning kit - or PACK - gets into the cabin, causing all sorts of respiratory irritation and all sorts of other things for the crew. You're on the 320, right? 1: The airbus? Yeah. Me and Lise are also on the.... FC: 321 and the 319. Yeah, I'm familiar with the technology. 1: You're a pilot. FC: Not exactly. I just know airplanes really well. 1: So you're an aerospace engineer. FC: I wouldn't go that far. Hahaha. That's stretching it. A lot. 1: Let me get this right. You're friends with Lisa and Seth, you know airplanes, you're the only one at this wedding actually wearing a suit...... FC: To be fair, it's Louisiana in October. We're lucky most of the folks here aren't wearing Mossy Oak and Realtree. 1: Hahahahahhah! You must live in Baton Rouge! FC: I do. 1: Me too! What part of the city? I live in (names neighborhood) FC: I'm over in (neighborhood next to her) 1: OH MY GOD! That's 10 minutes from my house! So anyways, you're smart, you're funny, where have you been all my life? I'm Ally. FC: I'm Will. 1: You wanna get dinner together? I literally do not know anyone else here and I was thinking about leaving before I met you. FC: Uh sure. Lemme just top this fresca off. 1: I'll join you. 6:15 We're told by the bartenders to grab a ceremonial wedding tervis tumbler with a patch commemorating the happy couple's nuptials hermetically sealed inside. They didn't want a bunch of red solo cups going to the dumpster so they decided to ball out. I walk up to the table where there's literally 200 tumblers in varying colors to choose from and I grab a random one as Ally grabs one too. We head to the bar, she fills her with vodka and sprite. I top off with ginger ale because I'm staying sober and I have to drive 45 minutes back to casa de FC in BTR. She asks me how I know so much about airplanes, I tell her it's been a lifelong obsession and I've done some ground school on the 320 and the 737 and I much prefer the 320. I ask her what's tough about her job and she tells me that most people don't know they only get paid when the doors close. I say yeah, block time is a real bitch sometimes. She looks at me like I'm crazy. I'm like what? She's like HOW DO YOU KNOW ABOUT BLOCK TIME? I told you, I know airplanes. We chat some more as the crowd gets drunker and drunker and more ridiculous on the dance floor. Someone requested Strokin' by Clarence Carter and the DJ ACTUALLY PLAYED IT. Goddamnit Lisa! HAVE YOU EVER HEARD OF A DO NOT PLAY LIST? Wow. 7:10 PM We find some seats for dinner as the buffet opens up, I pile a bunch of chicken marsala and beef wellington on my plate and we head back to the table. She's only a few years older than me and cannot believe that I am single. She asks if I've tried tinder. I tell her the tinder story about me being stuffed into the back of a police car and it is met with raucous laughter. 1: So, do you dance? FC: I do a lot of things, but I don't dance. Baton Rouge is the city that rhythm forgot. 1: I don't really dance either. As a matter of fact, I'm perfectly content to people watch all night with you here by my side. Her hand ran down to touch mine. It had a ring on it. FC: What does your husband think about that? Next thing I know, Lisa and Seth have dropped by the table to say hello. They're taking pictures with everyone and we can't continue the conversation we were just having. Lisa dives in to hug Ally, Seth gives me a handshake, sips my drink and asks why there isn't any bourbon in that tumbler. FC: Gotta behave myself. Long drive back home. Ally: OH MY GOD LISA! Will is FANTASTIC! Where have you been keeping him? He's funny, he's amazing and he looks hot in a suit! If I wasn't married, he'd be the perfect guy! (We're cut off by Lisa, she looks at me sternly.) Lisa: WHAT THE FUCK IS WRONG WITH YOU? FC: What? Lisa: Yesterday! When I was getting my wedding dress fitted! You called me a half attractive woman..... FC: It's not a normal occurrence! Most of the women who open my door are total heifers! For real! Take the compliment! Lisa cracks up, and Seth who has had a few drinks laughs so hard that he damn near falls over. You can hear the cackle of his laugh carry across the lake. The best man props him back up and they all have a laugh. The wedding planner slides in and tells the bride that her cake has been outside of refrigeration for an hour and 15 minutes now and is structurally deficient. They need to cut it now before it collapses in upon itself like a black hole. Lisa grabs Ally, Seth grabs me and the rest of the table follows. We're now part of the wedding cake cutting crew. 7:15 PM: The entourage all takes their Instagram positions as Lisa cuts into her structurally deficient cake and Seth resists the urge to do anything cheeky and fun with frosting. It's cute, everyone toasts the newlyweds. 7:20 PM: I pull Lisa aside privately and I ask her - what the fuck is Ally's deal? "If I wasn't married he'd be the perfect guy?" WHO THE FUCK SAYS THAT? A married woman? At a wedding? To a guy she JUST MET? Lisa: Look, I have no idea how her marriage is going or what her deal is. But just because there's a goalie doesn't mean you can't score. FC: WHAT THE FUCK IS THAT SUPPOSED TO MEAN? Lisa: It means that maybe, if she's throwing herself at you......you should catch her. I gotta go throw the bouquet. Brb. FC: ..... 7:25 Lisa goes to throw her bouquet and Ally has found me and is back at my side. 1: Where were we? I was just saying to Lisa that I was wondering where a guy like you has been all my life? You are awesome. FC: I am awesome, and you are married. 1: Yeah, I know. Come on, I really want you......I mean I really want you......to go photobooth with me. Come on, it'll be fun. She grabs my arm and drags me to the photobooth and she puts ridiculous hats and stuff on me. I'm like no, I've been looking ridiculous enough from birth. i'm good. She literally begs me with puppy dog eyes and does that thing where she shows cleavage. FC: Isn't this like against one of the ten commandments? Thou shalt not......photobooth with another man's wife? 1: Hmm. Yeah, I guess. You're really sweet though. If I was single, I'd be all over you right now. FC: Who says that? Really? 1: So, answer me this. You're not an engineer. You're not a pilot. What do you do? FC: Gun dealer. 1: So if I had something like an AR15 that needed some work, you'd be the guy to call? FC: Maybe, depending on what you needed - there's a lot of things where I'll just tell you flat out what you're trying to do is uneconomical and a bad idea. 1: Well, I'd really like it if you could check out some of my equipment sometime. FC, internal monologue: WHAT THE FUCK IS GOING ON HERE FC, external monologue: Bring it by the gun show this weekend and I'll see what I can do. I crack an uneasy smile as she gets up to go use the bathroom. I decide it's time to get the fuck out of here. 8:11 Making my escape plan proves to be a little tougher than I expected. The parking at the venue at the lake is dark and unlit and I have to navigate my way back to my car in the dark using the light from my phone. I reach into my jacket and I realize that their card is still inside. Fuck. I gotta go back. I turn around and head back to the gift table and I use some ninja recon skills I picked up in catholic school to make sure Ally is nowhere nearby. The coast is clear. I walk up to the little birdcage they have for cards, drop mine in confidently and get ready to turn on my heel and leave. I start making my way back to the parking lot when Seth is just walking out of the bathroom next to the gift table. 1: Hey man, you heading home? FC: I am now, forgot to drop off your card. 1: Ally thought you left without saying goodbye to her, so she asked me for your number. I gave it to her. FC: Oh dear lord. 1: What? FC: Did you hear that woman? "If I was single, you'd be the perfect guy!" Those words are not in a vocabulary of any married woman I know. 1: Dude, you just gotta chill out and go with the flow man. It's not your marriage. If she wants a piece of you, cut her off a slice. FC: Are you serious? 1: When I met Lisa, she was still married to Freddie. Look at us now, 7 years later and we're happy. You want to be happy, don't you? FC: Yeah but.... 1: No but's! Go storm the castle! I gotta go, but I'll catch you at the afterparty tomorrow night! You going? FC: Yeah at your house right? 1: Yeah, what time the gun show wrap up? FC: 4, so I'll be out by 5. 1: I got steaks going on the grill at 3, I'll get save a nice one for you. You still a medium rare guy? FC: You know it! 1: I think Ally is gonna be there too, you two should get to know each other a little better. FC: That's what I'm afraid of! Seth goes back to his wedding, I hop in the car and drive home. It's almost 10PM as I approach the Jersey mikes by my house. I stop in to grab a sandwich for Sunday. Just as I walk up I hear one of the sandiwch makers swear she's going to slit the throat of the next person who orders a sandwich. Eep. I tell her I need a giant 9. She starts making me one. I ask her if she's trying to get out of here right at 10? She says yeah, she's trying to catch the end of the Yankees/Red Sox game. I tell her my old man was from Brighton and my mom was from Elmhurst, so there's no love lost there. We have a laugh. She caught the Yankees pummeling the A's in the wild card on Wednesday. I whip out my phone and check the score for her. Yankees are up 6-2. I tell her she should be able to catch the end of it at home or whatever sports bar she's going to. She tells me she's going to the outback steakhouse the next block over to watch it and they better have the game on when she rolls up in 15. I tell her I'll do her one better. I dated the bartender there (once, she friendzoned me) and I'll message her on facebook to have it on for you. It is at this moment, I am asked for the second time that evening - from a strange woman I've just met - where have I been all her life? I head home, throw my sandwich in the fridge and head to bed wondering WHAT THE FUCK IS GOING ON HERE? Did FC like get game all of a sudden? Donald Trump is President. The Eagles won the super bowl. You can't make this shit up. I got one more day at the gun show too. Postscript: As I write this, it's Columbus day and the Indians, the Redskins and Braves all got their asses handed to them. We truly live in interesting times.
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