Tag: ‘world
Mercedes-EQ’s Stoffel Vandoorne wins Formula E world championship
With a second-place finish in Formula E’s 100th E-Prix today, Stoffel Vandoorne secured the Season 8 Formula E world championship. The Mercedes-EQ driver made it back-to-back trophies for the team in both the drivers’ and the team championships as fellow Silver Arrows pilot Nyck de Vries was the defending series champ. While Vandoorne was no match for Round 16 winner Edoardo Mortara, a podium finish after a P4 qualifying effort was enough to hold off his lone championship challenger during the final race.
Jaguar TCS’ Mitch Evans put Vandoorne under pressure yesterday by winning the penultimate E-Prix in wet conditions. The Mercedes-EQ driver finished 5th, but was unable to extend the comfortable lead he had in the championship standings heading into the Seoul double-header. However, Evans couldn’t replicate yesterday’s magic: he only managed a seventh-place finish after starting P13.
“Just look at the season we’ve had,” said Vandoorne. “The consistency and the car has been amazing, and the team has done an incredible job. I think every single one of us deserves it. What we’ve accomplished is something special.”
Sunday’s race marks the end of the Gen2 era in Formula E. When the series begins Season 9 in January, the Gen3 racer will be in every team’s garage. The new design, which is both lighter and smaller than the Gen2 model, should allow for more “agile” wheel-to-wheel racing. These cars should be two to four seconds faster in both qualifying and race conditions thanks to an electric motor can deliver 350kW of power (470BHP) to reach top speeds of 200MPH (320 km/h). Formula E says the electric power units can convert over 90 percent of their energy to mechanical power and around 40 percent of the energy cars will use during an E-Prix will be produced by regenerative braking. Gen3 will also be the first Formula car ever with both front and rear powertrains, which will add 250kW to the 350kW in the back.
MAIL ON SUNDAY COMMENT: Truss is a breath of fresh air in a stifling world of nannyism
This is the Most Crypto-Curious Country in the World: Study
COMPOUND INTEREST — Why its 8th Wonder of the World
COMPOUND INTEREST — Why its 8th Wonder of the World
Compound interest — it’s either the easiest way to double or even triple your savings, or a sure-fire ticket to bankruptcy.
Compound interest is different from simple interest. Simple interest is a fixed rate over time, based on the initial amount you’ve invested.
Simple Interest
To understand simple interest, let’s assume you deposit $100 into an account with a 5 percent interest rate. Multiply your principal by the interest rate, and then the amount of time you expect to keep that money in the account.
One hundred dollars times 5 percent, or 0.05, is $5. Keep that account going for 50 years, and you’ll earn $250 in interest, for a grand total of $350.
P = 100, r =5% , t = 50 years
Simple Interest = (P x r x t)
100 x 5% = 5
5 x 50 = 250
Compound Interest
Compound interest is different. It’s interest on top of interest. If you use it correctly, you can turn small initial investments into small fortunes.
Let’s take that same $100 from the first example, and the same 5 percent interest rate. If that interest rate compounds each year, your $100 would turn into $1,146 at the end of 50 years. If you matched your initial investment of $100 each month, without changing anything, you’d end up with $252,364 after 50 years.
P = 100, r =5% , t = 50 years
1-Compound Interest = P x (1+r/100)^t (Annual)
(1 + 5/100) = 1.05
1.05 ^ 50 = 11.467
100 x 11.467 = 1,146
2-Compound Interest = P x (1+[r/100]/n)^(t*n) (Periodic)
(1 + 0.05/12) = 1.00416
50 x 12 = 600
1.00416 ^ 600 = 12.071
100 x 12.071 = 1,200
From here, it become 8th wonder of the world
3-Compound Interest = P x (1+[r/100]/n)^(t*n)(Annual + Contribution)
(1 + 5/100) = 1.05
100 x 11.467 = 1,146 10.921
100 x (11.467-1)/0.00416 = 251,610
A + B = 252,756
4-Compound Interest = P x (1+[r/100]/n)^(t*n)(Periodic + Contribution)
(1 + 0.05/12) = 1.00416
50 x 12 = 600
1.00416 ^ 600 = 12.071
100 x 12.071 = 1,200 A
100 x (12.071-1)/0.00416 = 266,129 B
A + B = 267,329
Verify the calculation by yourself https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator (above calculations are manual different from this calculator due to rounding differences)
Compound interest can be great for investing your money, but if you are looking for a loan, it could easily let your debt grow out of control. The same compound interest used to make your investments grow exponentially over time, can also be applied to your unpaid balance on certain loans.
That’s why it is famously being said:
“Compound Interest is the eighth wonder of the world, he who understands it, earns it; he who doesn’t, pays for it.” — Albert Einstein
Thanks for reading…
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COMPOUND INTEREST — Why its 8th Wonder of the World was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
The Cypherpunk Movement: A Look at the History and How It Changed the World
In the early 1990s, a group of computer programmers and activists began meeting in an online forum to discuss cryptography and privacy. This group became known as the Cypherpunks, and they would go on to change the world forever. In this blog post, we will take a look at the history of Cypherpunk movement and how it has impacted society as we know it today.
Cypherpunks Valued Privacy
The Cypherpunk movement was born out of a need for privacy in a world that was becoming increasingly digital. In the early days of the internet, there was no such thing as encryption or secure communications. This meant that anyone could snoop on your conversations or read your emails. The Cypherpunks saw this as a major problem and set out to find a solution.
They developed a number of cryptographic technologies, including public-key cryptography and virtual private networks (VPNs). These technologies allowed users to communicate securely and without fear of being spied on. The Cypherpunks also campaigned for the use of these technologies by everyday people. They believed that everyone had a right to privacy and that strong cryptography was the best way to achieve it.
Cypherpunk Principles: The Backbone of Cryptocurrency
The Cypherpunk movement was hugely influential in the development of cryptocurrency. One of the most important figures in the history of cryptocurrency, Satoshi Nakamoto, was heavily influenced by Cypherpunk ideas. In fact, many of the features of Bitcoin, such as decentralized control and peer-to-peer networking, are direct implementations of Cypherpunk principles.
Without the Cypherpunks, it is unlikely that we would have cryptocurrency today. They were a group of visionary thinkers who saw the potential for a better world and fought for it. We owe them a great debt, and their legacy will continue to shape our world for years to come.
If you’re interested in learning more about their story — or need help writing about cryptocurrency for your blog or website — click here. I’d be happy to share my expertise and help you get started in this exciting new world!
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The Cypherpunk Movement: A Look at the History and How It Changed the World was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Teletubbies scene so terrifying it was banned around the world revealed
A BANNED Teletubbies sketch — titled The Lion and The Bear — has been revealed after decades.
An uncensored version of the sketch, which is from 1997, has been released on YouTube.
Viewers were traumatised by the Bear’s voice[/caption]
The Teletubbies sketch was so terrifying it was banned around the world[/caption]
Teletubbies was a beloved British children’s television programme about four colourful characters — Tinky Winky, Laa-Laa, Dipsy and Po — who roamed around a grassy floral landscape whenever they weren’t hanging out in their earth house, the Tubbytronic Superdome.
The original series ran from 1997 to 2001.
Anyone who watched the show might remember that it was funny, colourful, and educational, but typically not scary.
However, one Teletubbies sketch which was broadcast in 1997 was actually so terrifying that it was banned in countries around the world.
In the US, the entire episode which featured The Lion and The Bear sketch was outlawed by PBS after the backlash it received.
In 1999 it was banned in even more countries, and by 2001, BBC bosses had decided to censor the sketch for UK viewers.
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The Lion and The Bear was a sketch about two cardboard cutout characters who were, unsurprisingly, a lion and a bear.
The Bear arrived first, followed by the lion, who was chasing her.
In the original sketch, the Teletubbies were terrified by the arrival of the Bear who creepily repeated the same sentence several times.
“I’m the Bear, I’m the Bear, and I’m coming!” she repeated.
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After she appeared on screen, she continued rhyming in her terrifying voice.
“I’m the Bear, I’m the Bear, with brown fuzzy hair. I’m hiding from the Lion but he doesn’t know where,” she said.
Then the “scary” Lion arrived.
“I am the scary Lion, with big scary teeth. I’m scary on the top and I’m underneath,” he growled.
This dialogue was followed by a dramatic chase scene across the green hills while Laa-Laa told his fellow Teletubbies to hide.
These scenes proved to be too traumatising for young viewers and were called out by parents for not being “age appropriate.”
One review from 1997 even dubbed the scene as “the greatest horror film of all time”.
Four years later the BBC edited the sketch to make it more child-friendly.
In the censored sketch, many of the original elements had been changed.
Now the Teletubbies appeared excited about the arrival of the Bear. The Bear’s voice had also been edited to sound less scary and the menacing music was swapped out for something more upbeat.
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Instead of being scared by the Bear, the Teletubbies now giggle at her presence.
They continue to laugh all the way through and celebrate when the Lion chases the Bear far away, instead of running away themselves.
Watch The Lion and The Bear on YouTube.
The original Teletubbies series ran from 1997 to 2001[/caption]