I think most of you already know me. If you don't, you can look me up on Twitter where I share annoying and toxic things. I think I will have a website ready finally after many, many years because I need a website to share some stuff. So maybe in two weeks it will be ready. Right now it's not. And let's start with the argument which is scarcity and Bitcoin. So first of all, a very short disclaimer. This is a very loaded term. And yes, it has a lot of different meanings in a common conversation and in economics and in physics. The common uses are definitely confusing and we will see a little bit of examples, some examples. The physical definition is maybe more simple but it's full of surprises that you will see and maybe it's not as useful as you could imagine. And also the traditional economical definition has some ambiguities. I mean, it is clear but in the most clear version I think it's not very, very useful. And you can find a few example of discussion about the usefulness of this classical definition when I love to trigger Eric Vosquill on Twitter. Eric is my favorite terminology Nazi on there and we like to trigger each other about definitions. It is better than me at definitions but I still think that there are some, it's not fully useful the way scarcity is discussed in traditional economics. Also with Bitcoin, we already know that many of the, all the, that most of the framework used in traditional economics is not as relevant as before because it's, now we have a different example of an economic asset, economic kind of property which is challenging in many, many way. So first of all, let's follow the standard. Let's follow, do not invent anything. And let's follow the discussion about Bitcoin scarcity that many, many of you will probably already have read in the book by Sefidiana Musa, the Bitcoin standard. So the Bitcoin standard discusses Austin economics for many, many chapters and then in the last few chapters it discusses Bitcoin and when Sefidiana has to relate Bitcoin with scarcity basically it discusses two main things. The first thing is that Bitcoin is the first real example of scarcity in the digital realm or in the realm of the information. Of course, we can have scarce physical object but information is never scarce because you can always copy it, you can always replicate it and Bitcoin is the first quote unquote. I will challenge this definition a little bit but it's safe to say it's first real or useful enough example of digital scarcity or informational scarcity. And the second sentence is that Bitcoin is the first example of absolute scarcity which is something that Daniel was already hinting at in his introduction, which is something which is very different from relative scarcity. Let's take a very quick look to Sefidiana's words. So the first thing that he says in the book at page 177 is with this technological design Nakamoto was able to invent digital scarcity because the first example of digital good that is scarce and cannot be reproduced indefinitely or infinitely in this case. While it's trivial to send the digital object from one location to another in digital network as it's done with email, text messaging or filed a lot it's more accurate to describe this process as copying rather than sending because the digital object remain with the sender and can be reproduced infinitely. Bitcoin is the first example of digital good whose transfer stops it from being owned by the sender. So when I send it to you, I don't have it anymore. Of course, he also says that beyond digital scarcity Bitcoin is also the first example of absolute scarcity. The only liquid commodity digital or physical with a set fixed quantity that cannot conceivably be increased until the invention of Bitcoin scarcity was always relative, never absolute. It is common misconception to imagine that any physical good is finite or absolutely scarce because the limit on the quantity we can produce of any good is never its prevalence in the planet or in the universe, but the effort and time dedicated to producing it. So with its absolute scarcity, Bitcoin is highly scalable across time. So this gets discussed again. There are many readers understood into this point but this point clashes a little bit with some subtleties with some nuances of a naive definition. So what is scarce? Scarce is something that comes in a limited quantity maybe in a few pieces, in a few instances and a few exemplars. So there is not much of it. There is less than we want of it. So something is scarce. The problem with this naive definition that we're using common language is that, well, we basically have two problems. The first problem is that physically speaking, this sentence will appear a little bit strange but I will try to show you that it's true. Everything, literally everything is scarce if we use the most naive definition. And when I say everything, yes, I also include digital information. There are trivial examples for scarce digital information that I will not use here because I want to go deeper. The trivial example are, for example, secrets. You can trade, you can exchange secrets because even when I tell you a secret, you have a copy and I still have my copy for the first, let's say that secrets are an ephemeral example of scarcity because the more the secret spreads, the less scarce it is in a very naive sense. But especially at the beginning, when the secret is not public by definition, it has a value of scarcity because few people knows it. But this cannot be used for, for example, in a monetary system because it loses its scarcity pretty, pretty fast. Basically it propagates with a very high inflation rate. Then there is another example of scarcity of digital information, which is trivial, which are, for example, patents. So fake fiat scarcity, which is not really natural, but it is imposed with violence.  So if you reproduce my, I come to your home, I whistle a song.  So this is the state base, the government base, artificial scarcity. For example, patents low and copyright lows. And this is not very, this is not great as well because maybe you can maintain it for some time, but basically it's negative sum game. You don't create wealth. You don't create anything. We just destroy stuff.  But these are trivial example of digital information that are scarce, artificial scarce or temporarly scarce via secret. A deeper example, I will use the mathematician, Norman J. Wildberg as an example. I'm sure that many, many other people represented the same problem, but I think that the way normal represents is very, very funny. So I suggest you to look it up on YouTube. You can find the video, the video, you can find the title in the bottom of the screen. The title of the video is numbers, the universe and complexity beyond us. And it's a part of, is a free course of data structures and math foundations. And it's pretty, I think it's one of the most simple example of what I want to share with you right now. It's very well done. So the first question then that this mathematician asks is how big is the universe? Of course, we can also assume that the universe is infinite or there are infinite universe, but at least assuming the fact that the speed of light is something we cannot, is like a hard limit. So how big is the universe that we can observe? The observable universe. And the observable universe, so if we consider the speed of light is basically in the most, let's say in the most optimistic in terms of expansion scenarios is about 10 to the 30 meters. So it's not that much, a cube to simplify. The universe, the observable universe is contained in a cube of 10 to the 30 meters. Maybe there is something beyond that, but we cannot look at it. So what is another question that you may think is completely unrelated is how can we, how small can we make a thing? And now it's now basically quantum mechanics waits in and now there is the point of Planck scale. Planck scale is the smallest, most short kind of distance we can do. Basically a cube, which is 10 to the minus 35 meter is a dimension under which we cannot go anymore because then we have basically uncertainty principle kicking in and making the concept of distance basically undefined anymore. So there is nothing which is bigger than a cube which is 10 to the 30 meters of a side. And there is nothing which is smaller by definition of a cube which has 10 to the minus 35 meters. So the next question that he asked is, okay, how many cubes of, how many cubes the smallest kind of cube that you can do can fit in the biggest estimation for the observable universe. So basically you have to multiply 10 to the 35. Basically I give you the results directly. There are about 10 to the 200 Planck cubes inside the observable universe. So the question that this mathematician asks is, okay, if we assume that we are good enough to create a hard drive which is as big as the observable universe, of course that's a little bit too big. But if we assume that we can create something big enough and we can use the cells, the cluster of the hard drive so small that they are just the smallest thing that you can never have, then you can at best write down if you assume, for example, a hexadecimal number, so your base is 16, you can basically create a 16 to the 10 to the 200 which is less than basically the 10 to the 10 to the 10 to the third. So it's something which is smaller than the number 10, 10 titration four, the titration is basically the hyper operation of exponential. So you take 10 to the 10 to the 10 to the 10 four times. This is the titration of 10. And we cannot write numbers after this limit even if we add all the universe for us just as an hard drive. So it's completely impossible to write down these numbers. So even if we think like the numbers are natural numbers are infinite, they are not. In the universe, there are actually everything is scarce and there is a limited supply in general of literally everything. So it's clear that this definition of scarce something that in our physical universe cannot be produced over some certain limit is a little bit useless because literally everything including information, including numbers are actually limited in our physical universe. Of course you could exclude something like a platonic ideas maybe you can say that yes, we will never be able to write a number which goes beyond 10 to the titration four. I mean, of course you can write down 10 to the 4 plus one but then when you want to go over significantly for example, to do addition and to do algebra you cannot do that anymore. But we can say that maybe the idea the platonic ideas of numbers are there even if we cannot write it down. For example, this mathematician is using this argument because he's opposite to the infinite concept in modern set theory. And so he's one of the people joining the constructivist, intuitive is the finitism idea of mathematics. But anyway, you can go a little bit abstract but physically speaking, everything comes in a limited supply. But then even if literally anything comes in a finite supply in a limited supply economically speaking and practically speaking nothing is scarce because the probability that we will ever, ever basically clash against the actual physical limit for most of the things is actually very, very small and close to zero. The number of private keys that you can have in Bitcoin if you consider Bitcoin private keys as 256 bits any combination, any permutation of 256 bits it's a little less actually because for elliptic curves you cannot use any combination but let's assume that you can use any combination that is basically two, two day 256. And this is the total number, the total supply of private keys that we can use with elliptic curves. They are not infinite, there is a limited supply but the point is that we will never realistically hit this limited supply in any realistic configuration of a human civilization across the galaxy in the next trillion of years. So the point is that yeah, there is a finite supply physically but economically we will never touch it. And actually that's true for basically everything even things that we can say has a very a smaller limited supply than the number of a possible combination of natural numbers that we can write down or of a configuration of Bitcoin private keys of 256 bytes but even stuff like gold, they're actually not really limited in supply. I mean, there is a theoretical limits in supply in the universe but this is far, far beyond the kind of amount that we will ever touch in our realistic expectation for our civilization. So what happened with gold? Gold in a mine, I mean, the production of gold in the gold mines on the crust of the earth, it's limited in theory but then if the price goes up you just dig deeper. And we just touched the infinitesimal part of the earth crust for rare metal and for gold. There are a lot of cases of dooms day years and especially mainstream economists and Keynes answer Marxist and so other kind of pseudoscientists saying that we will run out of copper in year 1980. We will run out of uranium, we will run out of stuff. The fact is that we will never run out of stuff because if there is use, if there is demand the more demand there is when the supply goes down the price goes up. If the price goes up the incentives to just dig deeper goes up, go up as well. And so we just dig deeper and in the earth crust it's not easy to make an estimation of how much gold we are digging up compared to the amount of gold in the old planet. It's not an easy estimation but basically it's safe to say that it's way, way, way below 1% of the total gold but way, way, way below that because most of the heavy metals also are not in the crust they are in the nucleus of the earth. So there is way to go before we run out of gold but also if we eventually run out of gold on earth or if the cost to extract gold from the center of the earth is not enough, is not high enough to make it, basically to make it profitable we just go to mine asteroids at a certain level of price it becomes profitable to just go to mine asteroids. So what if you run out of asteroids? Well, just you just create gold. This sounds like something an alchemist will do with the philosopher's stone but it's actually something that you can do if the prices are not. You just take a heavier kind of element and you just send low velocity neutrons until you create some atoms of this gold. I mean, it's not very convenient it's very expensive to do that but if the price is high enough and if the demand is high and if the supply from other means is low enough you just do that. So you can create gold. We don't do that because it's not convenient and we probably never become convenient to just transmute other metals but we can if we have to. And for most uses interestingly enough not monetary uses and we will talk a little bit about why but for most consumption uses you can always find good enough substitute goods. So even if you cannot find gold for some jewel when the demand is other than that the market will just produce a substitute goods which is good enough to replace gold for that use for electronics, for jewelry, for everything we will just come out with alternatives and if there is no space anymore for raise we will just produce a place and so on and so on. This doesn't work with money actually because in the case of money it's a shelling point and you cannot really replace easily a shelling point because if you could everybody will move and it will not be a shelling point anymore. I mean game theory for collectibles and for money and for all that kind of property where the scarcity itself is basically the main utility. In those cases you cannot find easily substitute goods but anyway for most things including gold you can. So nothing is economically scarce, nothing, not even gold. Of course there are some exception in this case as well. For example, the amount of time that you have is limited supply also practically not just in theory because even if you can expand your life if you spend enough time in like life extension technology and so on, I mean you have some probability that you will just die anyway but maybe if you spend enough money you can actually extend your life for a while and maybe you can extend the life of the human civilization for a few billion years if you colonize other planets but eventually all the physical models that we have in the universe are basically either big crunch so the universe crunch crunching down or more likely entropic death of the universe when the entropy is so high and everything just basically terminated dynamically dies off. So it's a finite amount of time that we have to live. It's smaller than the age of the universe of course. It will realistically be the time of our life which is limited. This is a very deep consideration but actually there is an I mean even if time gets so valuable that there is a huge incentive to produce more time. In this case, if we talk about the time of our life producing more time becomes basically becoming more productive so that we can free up time that we for example, we create a new enterprise that we will free us from day to day job and so we will have more time to do other stuff and eventually if we are becoming too old there is some somebody can produce on the market life extension technology but eventually the universe is going to die. So time is the limited of time is supplied at the limit that the supply of time is limited and we will touch each of one we realistically touch this limit. We already do now like now my supply of time that I have for this presentation is probably not enough to finish meaningfully my discussion about anyway I will try. So there is another kind of things that is very that is actually limited in a practical sense which is free energy. We usually talk about energy like we are consuming energy we used to use renewable sources because you're running out of oil we are running out of fossils we are consuming these and we are consuming that this is actually not true because energy doesn't get consumed energy doesn't just transfers from one thing to the other. So you cannot waste energy energy is always there physically speaking what you can waste is free energy which is basically what we can call low entropy energy. So if we burn wood to make heat we can do that but we cannot actually leave smoke to cool down to get some wood. So it doesn't work at the reverse entropy the second low thermodynamics says that entropy always increases. So when we have some kind of energy at low entropy when we consume it we will never have it again we are just destroying it. So what are actually what we are consuming when we talk about renewable sources and oil and everything is not actually oil. I mean oil is irrelevant. If we run out of oil we can if we have enough energy we can create the atoms of oil one by one inside the lab. The point that we don't do that because it's super complex and super expensive but if it was needed we could do that in principle. So the only thing that is scarce is not oil but it's actually low entropy. So there is a lot of low entropy though because in order to run out of low entropy in our planet we will probably have to create the Dyson sphere around the sun consuming all the energy of all the atomic nucleus in the planet and then maybe we run out of low entropy. And low entropy I don't want to get too much into depth about this but low entropy paradoxically enough before we say that information is relevant because it's not scarce because you can reproduce it but actually low entropy in a physical sense can be called information but this is in a strange use a very particular use of the word information. Another example actually can be Bitcoin. The reason Bitcoin may be one of the very few things that are actually scarce in a practical sense together with time, free energy, low entropy and information is that Bitcoin is basically produced consuming free energy. So the proof of work mechanism of production links Bitcoin with free energy or low entropy in a very direct way using ash collision and proof of work. So there is a link here. Just to give you a few example of this discussion I Googled a little bit if any economist ever tried to define scarcity with low entropy or with free energy and I found some stuff. I don't know how good these books are actually. I just read a few chapters but on Google books I found these natural economic science or writing economic fundamentals by this Mr. or Dr. Fudulu and he discusses basically low entropy as the original economic original scarcity and then you can find from catastrophe to chaos a general theory of economic discontinuity and you can find basically discussion about low entropy being the main point of the main origin of scarcity on the actual practical word and then you have this like an entropy theory of value by Jing Chen. So I found some stuff in the recent days but I think that you can find something most related to Bitcoin which is very, very good article by Robert Bridlow and Robert basically this article is called Bitcoin and the tyranny of times scarcity and it goes back to my point and to the point that many people have done also Saifedean somewhere in the Bitcoin standard there is this point that time is the only scarce commodity. I will say that it's true but also low entropy is another way of putting it and Bitcoin is closely related with low entropy. So there is a practical scarcity which is just basically this. So let's try to go to a little bit more rigorous definition because we have seen that with a very naive definition so something with limited supply basically everything is scarce even numbers the numbers that you can write down in the universe they are scarce, there is a limited supply and everything is not scarce meaning that eventually we will have more of everything if we want, including something like free energy I mean free energy is scarce but if we need more free energy we just start doing a annihilation of we can just extract energy from a nucleus of uranium and we can fire up the whole world for I mean we just create a dozen sphere around the sound and we have a lot of free energy for a lot of time. So it's not really practically scarce. The definition, the rigorous definition basically came down to two different sub definition. One is relative scarcity. Relative scarcity is basically whatever has a demand supply ratio which is high enough to generate a price. I forgot to close the double quote but anyway the point is that air, oxygen on earth is not scarce because yes there is a lot of demand for oxygen because we want to breathe but there is more supply than demand and so nobody is selling oxygen on planet earth because there is more than there is demand. So it's not a scarce good because yeah there is a finite amount physically of oxygen in the atmosphere but there is not enough supply to generate, sorry enough demand to generate a price at that supply. Of course, if you remember the movie the beautiful movie Total Recall with the great actor Ernest Schwarzenegger you will recall yeah that basically there are merchants selling and buying oxygen on Mars because on Mars oxygen is actually scarce. The supply of oxygen on Mars is not zero but is lower than the demand and so there is scarcity and so there is an economic relationship developing around it. On the planet earth for now it's not really scarce. If you are on Mount Everest and you need to breathe and you're out of your oxygen supply and then you still or you buy your oxygen supply from your Sherpa guide in that case oxygen is scarce. Same goes for water like water in the Great Lake region is not scarce. Water in the middle of the Sahara is an economic good because it has scarcity. So relative scarcity basically it's a good definition is a consistent definition. This is the definition for example that we fight about when we discuss with Eric Boswell because this is the traditional economic definition of scarcity. Whatever has a demand which is not enough to satisfy sorry a supply which is not enough to satisfy all the demand and so you basically produce a price. So in this sense every single economic good every single example of property is scarce. So Bitcoin is not more scarce than toilet paper or then gold or then anything including water in the Sahara or water in some deserts of North America. So everything is scarce economically, not everything, everything which has a price in a market is relatively scarce in that market. The problem with this definition is that it is consistent, it is good. It is the right definition in the traditional economic history but it's not very interesting especially for to explain the difference. I mean, there is a difference between Bitcoin there is a difference between gold and water and there is a difference between Bitcoin and gold and this difference is not really well detected by this definition of relative scarcity because cigarettes are the same as toilet paper which is the same as gold which is the same as Bitcoins while absolute scarcity is actually we can give two different definition of absolute scarcity. The first is a little bit, it's not very well defined I think but we could say that something is absolutely scarce when the price, I mean, it has a price so there is a demand supply ratio that justifies the emergence of a price. There is more people wanting it than supply and the price is so high that I wrote that anybody, my bad I wanted to write that nobody could actually pay for it. So when the price of a good is so high that nobody can pay for it which means that only the current owner will never sell it, will just consume it because the price would be too high to even find somebody with enough wealth to buy it. Maybe we can argue that this can be some kind of definition of absolute scarcity but it's a bad definition. The better definition actually has to do with the inelastic change in supply with respect to demand. So when you have relative scarcity but these relative scarcity changes because basically the demand goes up but the supply cannot go up together with the demand or in the other way around the demand goes down but the supply remains up. In this case you have an absolute abundance because maybe you have the price going down and down and eventually to zero because we increase the supply we find a way to, for example at the end of Total Recall I don't want to spoil you the movie but at the end there is oxygen for everybody and so there is a lot of supply compared to the demand and the price eventually goes to zero and so everybody can just take oxygen without stealing and without buying, purchasing oxygen. So this second definition is very interesting because it doesn't really relates with the equilibrium price and the equilibrium of demand and supply like relative scarcity. Relative scarce is anything that has a price. Absolute scarce in this sense is anything where the supply cannot grow enough to meet the, I mean the growth in the supply rate change is not as big as the growth in the demand change rate. So a good example is for example in the short term we have the example of shortages for if we have COVID-19 hysteria in the United States and elsewhere we have a shortage of respirators is not the respirators are infinitely are absolutely scarce meaning that you cannot produce more respirators. You can produce how many respirators you want in theory. The problem is that the demand of respirators went up so much that there was not actually a possible supply change. The supply change of respirators was lower to catch up than the rise in the demand. And so we have a shortage of respirators and the same a little bit more funny maybe but we have seen the same with toilet paper during the COVID-19 hysteria people, I mean, hospital where they were short they thought they were short on respirators and people thought they were short on toilet paper for some reason. In that moment toilet paper became absolute scarce but for a while only short term. This usually lasts longer. These shortage phenomenon they last longer when you have a basically state intervention in regulation or price control. So in Venezuela toilet paper was scarce and still scarce. There is still shortage because there is socialism so everything is basically absolute scarce because the price control in inhibits the mechanism of supply regulation. And so the demand remains very, very high and the supply never arrives. And the same with food under socialism and basically everything under socialism. And so there is short-term absolute scarcity and there is long-term absolute scarcity which is funny because if you look for some good some properties, some economic good that becomes absolutely scarce because the demand goes up faster than the supply and then remains like that forever with very good guarantees of always remaining like that. Well, I can think about Satoshi's so the fraction of Bitcoins and well, not much except for this very, very high level information or a low entropy, super scarce physical feature of the universe, but while information or low in a physical sense or low entropy they are only absolutely scarce in a timeframe that is like a galactic civilization timeframe where we just run out of stars in the galaxy. And so we have a problem of shortage, which is long-term in the case of Satoshi's, this problem of shortage basically arrives already in a few years from now. So it's a little bit more relevant and more consequential and more important. So in this definition, Bitcoin is actually I come back to the definition of Saifedean inside a Bitcoin standard. I think they are a good definition. We can actually debate, we can be a little bit more obnoxious and we can actually be annoying and about a few precise nuances and clarifications but I think that the general point made by Saifedean is kind of strong. So Bitcoin is not the only or first example of relative scarcity in information realm because secrets are already scarce, but they are ephemeral. They cannot make a good form of money because you can exchange a secret, actually not exchange you can inflate the secret, telling the secret to somebody else. And after a few hopes, the secret is basically completely common. So you lose control of the scarcity of the secret very, very soon. So you can trade the secrets, but just for a while then they become worthless very, very soon. You cannot have money based on secret. Actually in Bitcoin, you need a secret to move your money but you only need it until you transfer it then you don't need it anymore. So you already have digital scarcity, relative scarcity in the economical sense but ephemeral in secrets. And it is basically also ephemeral and also very destructive in a government government created a violence based scarcity like patents or copyrights where you need somebody which will go to hurt somebody else if he shares an information that he didn't even subscribe any contract to keep secrets. So this is not the same of industrial secrets. This is copyright. Copyright means that if you come under my house and you whistle a song, and if I hear the song I didn't sign any contract with you.  This is a negative sum process that destroys economic resources like any kind of violent non-voluntary intervention. So Bitcoin is not the only but is the best example of sustainable long-term relative scarcity in the information realm quite just like Saifedian said. And it is the only example of long-term absolute scarcity because you can have absolute scarcity of toilet paper or respirator for a short term but then eventually the supply structure will increase the supply and will meet the demand. But with Bitcoin you can't, why? Because you have the fundamental property of Bitcoin which is basically difficulty adjustment plus also the halving but especially difficulty adjustment. So even if the price goes up and there is more incentive to do mining the hash rate will go up but then the difficulty will adjust. And so you will have the same rate of supply which is basically 6.25 Bitcoin every 10 minutes for four years and then half and then half and then half. And this you can tweak a little bit because for example, if there is if the price goes up for the next years the time interval will be a little less than four years and if the price doesn't go up it doesn't go up the time interval will be a little bit more than four years but essentially the average is four years and you cannot go, I mean you cannot significantly change it. So this is what Saifedian clarified a lot talking about stock-to-flow ratio. I think that most of you are already familiar by now with this meme. There is a lot of debate about prediction of the price due to stock-to-flow but the stock-to-flow just mean you take the stock of Bitcoin so how many Bitcoins are there in circulation and you take the flow so how many Bitcoins are produced every year and then you create the ratio of this and this kind of stock-to-flow ratio is actually immutable it's going higher and higher in Bitcoin with halving and cannot be made lower in no realistic scenario except the total failure of Bitcoin itself while with gold the stock-to-flow ratio is actually good because it's like 100 or something like that that means that every year the amount of gold extracted compared to the amount of gold already in the economy is actually basically 1%, sometimes it's 2% but this is good because it means that in the price of gold goes up to X then the incentives for to mine will go up to X then with a lot not immediately with a lot of time and a lot of effort the production of gold will go from 1% to 2% but it will not go to 200% so the total supply will not go from 100 to 200 it will just go from 100 to 102 instead of 101 so it's a very good inelasticity of supply with regard to demand with Bitcoin is even better because basically there is no way you can increase the supply rate even if the demand increases so this is the only example of long-term absolute scarcity except of course for this very philosophical but also very realistic but more philosophical concept of time and free energy and information so free energy and information there is so much that will not run out of it until we create the giant Dyson sphere around the sun so there is a lot of time for that and time will not we not go away until we die and we will die eventually but when you can try you can hope to extend your lifetime with some weird experiments for a while but then eventually you will die anyway because the universe will just entropically die so there is no hope in I mean I'm sorry for transhumanist and extropians but you will die anyway because eventually the universe will just entropically die but your time is absolutely scarce but except for time in your life long Bitcoin satoshes are also absolutely scarce there's a difference you don't know how much time is left on your life I mean most of us we don't know we hope some but we don't know we exactly know how many satoshi can be produced if Bitcoin doesn't fail of course this is assuming that the incentives of Bitcoin the social incentives are strong enough to keep the production rate absolutely unchanged if Bitcoin is ever going to change the supply rate the supply change rate I think that Bitcoin will lose completely this kind of feature and in that scenario Bitcoin in my opinion will lose basically any interesting feature because it will prove to be not resistant to any kind of social pressure so eventually if you can do inflation in Bitcoin eventually you can do KOS in Bitcoin as well it just proved to be not resistant to political pressure and to cultural pressure but I don't think this is realistic actually and I think that Bitcoin is a good example of long-term absolute scarcity


Hi guys, this is Rich here on behalf of Rich TV Live. We're 13 days 15 hours 43 minutes and 32 seconds away from history in Canada Cannabis will be legalized in Canada and you can find out all the news all the information at www.richtvlive.com Over stocks all the tools are there find out all the breaking news about cannabis stocks and global news right there under news Everything about cryptos everything you need to know about sports and if you want to follow us and join our secret Amino Social media platform where we have a free community for investors and people to just chat just join right there absolutely free just download Amino on your phone or on your computer and join the discussion We also have a free group chat on slack and discord and you can follow us on all social media So what is the news today? We're so far. We're in a green day today in the cannabis sector So lots of green all the way around. So it's a good day so far and in med pharmaceuticals is a company I own I love it I and in canada I am l f f in america. They've got some breaking news It just dropped this morning in med pharmaceutical sign agreement with the national research council of canada for cannabinoid bio Process development and scale up. This is a company that I love It's a long-term opportunity and I believe it will explode Okay in med pharmaceuticals ink a cannabinoid based Bio pharmaceutical company that leverages is proprietary platform technologies to develop novel therapeutics for the treatment of diseases With high unmet medical needs is pleased to announce entering into a research agreement with the national research council of canada Otherwise known as the nrc in montreal canada for bio fermentation development and scale up processes for cannabinoid biosynthesis in E. Coli You can see the news at in meds website in meds vice president pre-clinical research and development eric hasu Phd commented the nrc has significant bio fermentation expertise and extensive facilities to support in meds scale up activities The nrc will help us define specific processes Parameters to improve fermentation scale and product yield needed for in med to maximize the commercial potential of our proprietary e coli based cannabinoid biosynthesis system This work is the natural progression of several years history In designing cannabinoid specific vectors at the university of british columbia And the next step in researching our goal of establishing a leadership position in the field of cannabinoid biosynthesis, this is huge about In med in med is a pre-clinical stage Biopharmaceutical company that specializes in developing novel therapies through the research and development into the extensive pharmacology of cannabinoids coupled with innovative drug delivery systems in meds proprietary bio informatics database drug disease targeting tool cannabinoid biosynthesis technology and drug development pipeline Are the fundamental values? Drivers of the company for more information visit in med pharma.com. Let's just go check that www.inmedpharma.com Let's take a look at their website real quick BAM Unlocking the potential of cannabinoid medicine. You know your boy rich loves cannabinoids and I love in med pharmaceuticals I've made a substantial investment in this company. I believe in them long term. This is some big news I'd like to know what you guys think about this news now Remember rich tv live is strictly for education entertainment purposes Always do your due diligence always do your research before you invest in anything that we talk about here on rich tv live You can see it is up 118 percent since october of last year in less than a year 22 percent in the last three months 10 percent in the last month. It has not exploded yet people I see huge upside for this company I'd like to know what you guys think if you like this video smash the like button Comment down below share this video everywhere. Remember if I win and you win. We all win This is a company on the Toronto stock exchange It's really really cheap still and I think it had the chance to be a big winner. What do you think we are? 13 days 15 hours 38 minutes and 45 seconds away from history in med pharmaceuticals Making waves breaking news If you're not winning you're not watching This is your boy rich and i'm out peace


Hello everyone, and welcome to the WordPress Briefing, the podcast where you can catch quick explanations of the ideas behind the WordPress Open Source project, some insight into the community that supports it, and get a small list of big things coming up in the next two weeks. I'm your host, Josepha Hayden-Champosi. Here we go. In case you hadn't heard yet, WordPress is celebrating its 20th anniversary on May 27th. There are a lot of celebrations and parties happening all across the world, hopefully with cake, because we all know that a party without cake is just a meeting, and no one wants a year-long meeting about how old you are. But if you've not yet joined the celebrations, there's still time to share your favorite WordPress merch, your favorite WordCamp memory, host a holding party if you want to, or share a video to post on wp20.wordpress.net. I've got links to everything you need in the show notes, so if you haven't done it yet, you can do that while you listen to today's episode. Today, WordPress is the leading CMS in the market, and according to W3Tex, it powers 43% of the web, and that's like 35% of the top 10,000 sites that are built using this software. And sometimes that's as a website, sometimes as a framework, but always as a way for people and businesses to find a space on the web to call their own. In 2021, the first-ever study on the WordPress ecosystem gave us an idea of just how large our ecosystem is. We already kind of had a sense that millions of people make a living through WordPress, because we know that we are supporting small business owners and freelancers all the way out to agencies and content creators. But according to that study, WordPress at the time was powering 82 million websites and enabled an estimated economy of $597 billion. The success of an economy like this and various other alternative economies hinges on the success of invisible open-source software that powers the web, just like WordPress. That is a ton of growth and a lot of wins since that first cafe log fork way back in 2003, and WordPress could just say, pencil down everybody, good job team, and just kind of watch what comes next. But I've never met a WordPresser, emboldened as we are by our belief in open-source freedoms, who stepped away from a challenge worth facing. The recognition that everyone should have those freedoms, whether they know they exist or not, because I know that no one cares as much about open-source freedoms as open-source maintainers, but the recognition that everyone has the right to them anyway is built into the foundations of what WordPress is, and who WordPress is. There are big plans for WordPress's future, many of which are grounded in the promise of a new block editor within WordPress that aims to lower the barriers to entry for people at any point in their learning curve. So let's take a look at what this means for WordPress, the software, and follow up about what it means for the WordPress community. Firstly, the software, right at the end of 2018, the Gutenberg editor was merged into WordPress core, and it subverted the way that people had always managed their content. It brought with it this new concept of site building that focused on blocks as the primary mode of creation. It was modular and required very little code knowledge, arguably also very little skill with design, although if you've ever seen me try to design something with blocks, you will know it takes some skill. But still, the ultimate goal was to make those fundamental user interactions of managing the block and apply them in any place you could manage your site using WordPress. And if you think about the possibility to create media rich content without having to work with short code, without having to know HTML workarounds, it opens the opportunity for many of us in the WordPress community to own our digital presence. In case it wasn't already clear, this, my friends, is an audacious project. And it's even more so if you remember that we have this existing and massive ecosystem that is enabled and empowered by our software. And as we look forward to the third phase of the Gutenberg project, collaborative editing inside a WordPress installation will soon be a reality, which if you are like me and you never work on a website alone, you're probably just dying to have. I say all this not to toot the horn of WordPress or belabor our success, but rather to emphasize the importance of what I'm going to say next, which is how this CMS got to where it is, namely through the work of the community. WordPress has survived, and I would dare to say thrived through decades of constant economic, cultural, and technological shifts. And I believe that the thing that keeps us innovating fast enough to stay relevant, but slow enough to be ethical, is how the community actively engages with the open source project. We know that our strength is directly tied to the resilience of our contributors. And we know that the software we ship is shaped by the people who are willing to tell us what they love, what they hate, and what they hope to see. When the WordPress project started, we mainly had code contributions as a way to give back. But over time, the project has grown to include contributions to learning, community building, and translations, among other things. But all of that exists alongside the CMS-focused contributions. Because WordPress, as an organization, understands that it is an integral part of an ecosystem of thousands of global companies and millions of individual people who are building careers, starting businesses, learning new skills, and becoming part of something meaningful. I know that I talk just all the time about the greatness of WordPress as a software and community, which makes sense. I really do love the work I do with y'all. But I am equally in awe of this open-hearted journey of disruption that WordPress represents as an open source project. WordPress and its community is part of a long line of disruptors. Blogs made publishing available to everyone, which maybe doesn't sound like a big deal right now because you've been around blogging forever. You've been able to just put your thoughts on the Internet with almost no effort for as long as you have known the Internet existed. But WordPress at the time was, and honestly remains, the low-code open-source CMS of choice. It has been for years. And so let me backtrack you through the 10,000-foot milestones of our journey here. Gutenberg has been around since 2013. It's 10 years, I know. Don't get scared. We're celebrating 20 years. So it's been around for half of our time as a concept. Open source as a concept was formalized in the 1980s, though it definitely has been around longer than that as a concept and a way of working. And this low-code, no-code movement that we hear about from time to time, that has been around since the 1970s. And just because we first became aware of it in the 1970s doesn't mean that that's when it actually first was discussed or thought about or used. Which means that you are, in this moment, decades deep into projects that changed our entire understanding of the web. So grab a slice of cake and raise a glass to 20 great years of WordPress.  Which brings us effervescently to the small list of big things. Yeah, I said effervescently. So there are a lot of things happening in the WordPress project over the next couple of weeks. There is a lot of testing going on. There are a lot of releases that are getting underway. There are events and things. So here's my rundown of stuff you should take a look at. So firstly, there is a post out about performance improvements from 6.2 that is just inviting an open discussion so that we can get more of those improvements in better shape to get into the 6.3 release. Speaking of the 6.3 release, that is coming just last week. We announced the release squad that we have. It is an extra heavy release squad because we also are working toward the 6.4 release just at the same time. So there's the folks who are running the 6.3 release and they have committed to working openly and in public channels as much as possible so that the 6.4 folks have a chance to really take a look at what goes into a release. The questions that we ask the philosophies we believe in and then that 6.4 release will pick up probably my guess is August-ish mid-August or so. That 6.4 release is specifically going to be made up entirely of diverse genders people that we historically see are underrepresented in technology but as always we accept contributions from everyone for all releases. The third thing is that we have WordCamp Europe coming up. That is June 8th and 10th so a little bit past the two-week mark. However, there is a final call for volunteers for anyone who wants to be able to help at the event. I personally have always enjoyed doing that kind of volunteer work. It helps you get to know your community a bit better and I don't know I'm just kind of an extroverted people person. So of course I always want to volunteer but that call is still open and they're in the last phases of that. There is also a team or two that needs some help with getting leads for the contributor day that happens leading up to WordCamp Europe. I know that the testing team needs a lead for the table and so if you enjoy the process of triaging or testing or helping people get their environment set up that is a great opportunity. And the final thing on my small my big small list of big things is that we have a kind of a review of the currently defined contributor ladder for the polyglots team. There are a number of posts over the years where we talk about the ways that people move through being a contributor. One of the things that we know about almost all contributor ladders is that there's no time requirement between the steps but in general it functions like a ladder. So you do have to have like rung one and then rung two. If you try to skip from rung one to rung three you will have a lot of difficulty. Not impossible but it's harder than going one, two, three in the normal sequential order. And so that's a whole discussion that's happening over there. There's a link to all of these things in the show notes and that my friends is your smallest of big things. Thank you for tuning in today for the WordPress briefing. I'm your host Joseph Hayden-Champosie and I'll see you again in a couple of weeks.


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Hey there Legend Ladies, it is Petrifying Pumpkins here and welcome to another episode of PS Vior News. This one's going to be kind of brief, I guess there's only two big things I wanted to talk about. One of those things I'm late to the parody on anyway, so we leave that for that. But the big thing I want to talk about I guess is the Resident Evil thing, so I guess we've just jumped right into that before we do. If you liked this video, then help me out with a like, subscribe, all that usual shite that would help me out. Big time. With that out of the way, let's just jump right into it. So I'm sure many of you are aware already, but yesterday there was a Resident Evil Ace Village Showcase. And of course, all of us in the PS Vior community were kind of keeping a close eye on this because, you know, Resident Evil 7 had PS Vior support. It is still my favorite PS Vior game Resident Evil 7, so I was really, really hoping we would see confirmation that Resident Evil Ace would also have PS Vior support. And while the event was about like 20 something minutes long, it gap the release days. It showed off a new trailer. It showed off the PS4 version and the last gen version I guess I should say for Xbox as well. And that did give hope because if it has a PS4 version, it's a good chance it would have a PS Vior version. But alas, there was no mention made of a PS Vior version whatsoever. And that was a bit of a huge kick to the balls. Now that's not to say it's definitely not happening, but you would imagine they would have said something here at this event. We're only four months-ish, five months out from launch of this game now. So this is the kind of thing you'd want to be talking about unless maybe Sony have something planned themselves, like a state of play that's Vior centered. Maybe they want to announce it themselves. That is a possibility. Capcom and Sony have been teaming up for marketing for this game since it was revealed back in June. So that is a possibility. Now, is there anything we can do? Well, there possibly is one thing. I was browsing Redis and I found this link. I'll put it up on the screen here beside me. Basically, it's a survey. You can click on the link. There'll be a bunch of questions about the showcase and they basically give you lots of opportunities to type stuff in yourself about what you wanted to see, what would have made it better. I know what I did as I was like, well, it would have been better if there was Vior support. So I would put the link in the description. You can click on that. Maybe if there's a surge of people who are interested in Vior support, Capcom might consider us or might take it more seriously. And I must say that I don't know why they haven't already because according to the Resident Evil 7 statistic page where, you know, all the stats are gathered from all the players and posters to this website where they keep track of all these different stats, apparently the number of PSVOR players has crossed over one million, which is a pretty significant amount of PSVOR owners. I think we've only got like five million headsets out in the wild. We haven't hit that six million milestone yet. So the fact that there's one million have played Resident Evil 7. That's like a 20 percent attach raise, which is pretty huge for a VOR game for any PlayStation game. So yeah, kind of sad news there. When it comes to Resident Evil Ace, fingers crossed something can happen in the future, which will change things. Maybe a PSVOR 2 announcement could come along and save the day, but that won't be for a while. Yes, anyway, we just have to kind of keep our fingers crossed and hope that Capcom or Sony or whoever it is who calls the shots on these things, you know, maybe Sony need to pay up. Maybe they need to fork over a fat stack of cash to make this happen. Whatever it is, I hope it just happens so we can have us because the game looks incredible. I played the demo on the PS5, the maiden demo it's called, that looks fantastic. I'd love to try the demo on PSVOR like you could with the demo for Resident Evil 7. So yeah, despite just getting Hitman, and I know I feel like, you know, maybe I'm being greedy or whatever, but Hitman is so excellent from what I've played so far. I feel like maybe I'm being a bit entitled or whatever, whinging for another AAA VOR port so soon. Boss, come on.  We're all on the same page here, I think. Anyway, with that being said, make sure you check out the link to that survey, let them know what you want, and of course, what you want is VOR. Let them know you want VOR. Even if you don't want VOR, you let them know you want VOR. All right, spread the word, share that link everywhere. And let's move on to story number two. Bolas Rules, VOR has arrived for PSVOR. Now, you may remember all the way back in April of 2020, back when COVID-19 was just, you know, starting to take over the world, I guess it was already over the world that stage, but whatever. I personally made a video saying that Bullet Rulet was coming to PSVOR.  I did some digging. I googled, you know, I used the Googles, and I came up with the, you know, the inconclusive proof that Bullet Rulet was coming to PSVOR. Nobody believed me, of course. I was shunned by the VOR community. Boss, I've been vindicated because I was in nowhere, it just dropped. So, you can buy this game right now, and it is dirt cheap. Now, I will say the game itself is kind of, I worry about how much replayability it would have, I should say. So, basically, you're playing Russian Rules with up to three of your friends, so four players total online. You can play with friends and with randoms, but, you know, with probably a lot, a lot better with friends. The game itself, for me, costs Ace 99 Euro. I think it's roughly the same in dollars and something similar in Sterling. Well, it doesn't go over 10 or anywhere, I don't think, unless maybe Canadians or whatever, you know, but, you know, the maple syrup tax, whatever it is going on over there. But anyway, my concern about this game is that maybe it gets a bit repetitive after a while. Boss, I think it could be a nice little paddock cleanser, a game like this. I think maybe a few drinks, whatever. You could have a lot of fun. It does look like, you know, there's plenty of louds and bands to be had. When I get the chance to be streaming this game, I will be streaming this for sure. I've already bossed with the download, so I'm looking forward to playing this. You will need your move controllers first, but other than that, you'll be good to go. And from the reviews I've seen so fair, I think everyone's been pretty positive about this as long as you take some things into consideration, you know, met by a small developer, you know, and that comes with certain things that you should probably expect. Anyway, that is it for this episode of PSVR News. Thank you very much for watching, but before I go, let me give a huge shout out to my Patreon supporters whose names are on the screen as we speak. Thanks to their generosity, they're helping keep this channel lovely and moist. In particular, let me give a shout out to the following top tier Patreon supporters, Chopped517, Tradition, Chrom, Peahawkens, ColumbusThomsThe3rd, DanielThePumpkinPatchKid. Thanks to your generosity, you're keeping this channel going. If you'd like to support me over on the Patreon, the link to that will be in the description, patreon.com forward slash petrifying pumpkins. If not, I'll be happy with the likes, the subscribes, the comments, you know, discussion, sharing, everything that helps with the YouTube insights will be pre-setted. And finally, let me thank Decepticon for letting me use his music in all of my videos. Thank you very much Decepticon, you can find him in the links below as well, decepticon.com. He's on Spotify, he's on Bandcamp, he's on all these places that you can be listening to your music to, and I believe he's working on a new album as we speak, so look forward to that. So that is it for this video, ladies and gentlemen, please stay nice and moist.


My name is Courtney. I'm actually from Fayetteville. I'm also a student here at the University of Arkansas. I'm starting my junior year. I'm super excited, so feel free. We're both from Northwest Arkansas, so if you have any questions about the area or good places to hang out, feel free to ask us. I'll be behind the camera today. Okay, so before we head inside, we thought we would kind of tell you all where we are on campus. So right now we are in Central Campus, right in the heart of it.  The place to study is where I usually get my breakfast, so it's an awesome place to have a ride across the street. Tell me what's your favorite Starbucks drink? My favorite Starbucks drink is... That's hard. There's so many. An iced white chocolate mocha with almond milk. Oh, that's good. Right at the center is all over here, and where the wild greens are, which is my personal favorite. You can always catch me there. It's so good. They have really good salads, and I think they have flatbreads here as well. So, forgive me. We have always been a lot of kinds here. The neighbor is in Dixon Hall, and they referred to Gibson and Dixon as the changing neighborhood, because they have the same PRV and the same Rx. Class plus is in there as well. So pretty. I love this building. So, the rest of this, all is on campus, all have its own system, which is awesome. It's super safe. I always feel safe on this campus. So right now, what's super cool is that it has a piano right there. So, if you're musical, it's really cool. I know I'm not. I know some of y'all probably are. So, this is a super nice space. It can be changed. From left you have Gibson, CR, and you have Grace. So, I will let her entrance yourself. Thank you. Hi, everyone. My name is Grace Crabassi. I'm the CRE of Gregson, Gibson, and Walton Hall. So, a coordinator for residence education is what a CRE stands for. So, what I'll be doing for you all is serving as an advocate, whether that be helping you find academic resources, getting you involved in clubs or other organizations. I'll be supervising the RA's that will be on each of your floors, and just a friendly face if you ever need anything. Awesome. Awesome. So, this is going to be the front desk. So, if you have any questions, someone will be working here at the front desk. If you need to rent any kind of equipment or need time to solve some, this is where you'll go for that. Do you have like games and stuff like that you can get from here too? Yes. So, we have lots of games, board games, and most of our residents here like to cook. So, we'll show you later, or actually, we have residents on the second floor, so we won't be showing you the kitchen, but we have a kitchen on the second floor. And so, any time you have to bring any of your own equipment, we have it all for checking out at the front desk. You can just use your student ID to check it out. This is here, but this is actually not where your good student residents only have their mail. They were picking up the kitchen earlier super close to five, so not too bad. Also, we have a water bottle filler station, which is awesome. We try to be super green on campus. Sorry, it's kind of loud in here. It's really loud. Our state of Arkansas is we have an app called Stamble the App, and each machine has a can tell you when your clothes are now washing or drying, or the machine is available, so that's super nice to do that in mind. They don't bring quarters. Right. So, you don't have to bring quarters every single time during laundry. No paper that ahead of time. Like upstairs? Yeah, I think so. I think so. What about the community here, Grace? Did we say how many people live here? So, 98 residents live here. This is an all-female residence hall, and so it's mainly upperclassmen students. A lot of students who live here typically are more academically focused, and so that's really great to have a community where you have neighbors. A lot of times they create study groups. Sorry, we're going to have to reply. We're going to be talking. So, you have a lot of community building just through having your neighbors already made the classes next to you, and by having that, you get to automatically create those study groups. And Courtney, it looks like a few people are tuning in. We've got what? Yes, we have 20 right now. Where are people from? Tell us where you're coming from. It's definitely a good place to study. Except on this side, instead of this water bottle filling station, you're going to have an oven, a stove top, and then some kitchen space that's going to be able for you to mix up your items and whatnot. And there's also a full fridge, and so most of our residents just label all their items, and some of it's just like community food or whatnot. It's a pretty fun place to have that kitchen. We've got some people from Kansas City, Missouri, and DeWitt, Arkansas right now. So that's awesome. I love Kansas City. I might note this sign right here. Oh, yeah. So did you do this? No, some of our students who live on campus did this. Oh, that's really nice. So we're going to the bathroom. And how many are on each floor? That is a great question. I think it's like about 30. Here's the bathroom. These were recently renovated. So super nice, super up-to-date. We had showers, and so now the showers didn't used to, but now they have a little changing space, and you can actually shut the door. Yeah, that's super nice. There's a nice little room in here before the shower. Yes. There's two showers in here. Three stalls. And two seats. Good lighting. Very good natural light. These windows are amazing. Yeah, super nice. Oh my goodness. The girl watching just commented and said, I'm living in room 328. Oh, that's not easy. How lucky is that? 328 may be in that direction. I'm thinking it is in that direction. That's so funny though. What's your name? Jillian. Jillian. Jillian. Are you 28? Do you want to show them how the locking mechanism works?  And then you just put it on there.   Awesome. Thanks for the support. I know that the other thing that a lot of people don't know about are the chairs. The chairs are actually, they're called gamers. They're called gamer chairs. And so if you take this back leather, and pull it up, and remove it, you actually have two separate chairs. It's all like that. So it's pretty easy. It's very cool. But don't forget that perk. Cory's watching and said this is her old room, or her old dorm. I guess she lived in here somewhere, one of these rooms. The sink, too. That's a really good thing. Oh, the closets are super nice. Yes. If you have any questions, someone wants to know if this bed is lofted. So when you move in, it's going to look like this, but kind of explain how. Just pick which one. Yeah. Yeah. So this is it. Oh, yeah. That's so nice. Yeah. Do you point up at space above there? Yeah. So you also have a small space up here, which you can store things in. So there's a lot of storage in this room, which is so awesome. And I know a lot of our students who, I'm not sure what to do with this space. They just put up bins, and so they have an easy pull-out, and something that you could just easily take down and put back up. That would be like a soft bin and things like that. Yeah. That's smart. Do you want to show a couple other styles of rooms? Yes. So we're going to go to 3, 4, 4, and 3, 4, 8. Again, don't hesitate to do this step with measurements. Yes. Go in the right way this time. Yes. That's 3, 4, 4. The difference is because this is a corner room. So the first big difference is you have two sets of windows. So you get a lot of natural light in here, which I personally love. Also, a difference is, instead of having one shelf in the middle, each bed will have their own separate shelving above it. Yeah. So you kind of need your own personal shelf. Everything else is solar.  It's really nice. Super spacious. And the ceilings in here are so high. Yeah. It's my favorite part. Yes. It makes it feel even bigger. Let's measure how high they are. Oh, yeah. I'm going to try to use them in your eyes. Yeah. I'm going to have this fan. It's the first time using it. So should I do it from, like, the knee? You just use the ceiling. No, sit it down. Okay. Be 11 inches. So 10 feet. 10 foot. Yeah. So that's all I'm going to do. That's all I'm going to do. It's all the ceilings like this. Yeah. It's really nice. And then did you want to go in the other style room too? Yes. 348. Is that it? Yeah. So there's one right over here. One in the central area. Awesome. The halls are especially wide. They are. The older ones are a little bit higher. So this is room 348. Yeah. Yes. And these beds and desks are movable. Yeah. So you can move that however you prefer. Oh, that's my favorite. That is my current favorite show. They were asked like what else would you like in the residence hall that we could provide for you? And Gibson students said ironing boards. So we installed these ironing boards into the halls and you can just set it down. And there's an outlet right here. No worries if you do not know how to iron. There's a lot of instructions. It's your RA, so it'll be fine. So it's a super easy mechanism. So you don't need to bring your own ironing board and things like that. And we also have irons at the front desk to check out. So that's what that is. So contained. That's awesome. Jennifer wants to know if there are any single rooms. So that is a great question. We, as far as we're concerned, do not have single rooms. But as we're touring the facility, it looked like there are a few bed spaces open. So I would just recommend. We can check when we go back to the office. Make sure we answer that down below. We do have someone coming back in after these shows and they're trying to answer all the questions, even the ones we answer orally. They're also coming back in and writing an answer. So rather than, let's just, let's get back with you with that answer. Awesome. Any other questions that are coming in? Not right now. Okay. Let's see. Measurements-wise, they're on the website, which is housing.york.edu. Well, maybe we'll just sign off if there's nothing. Yeah, pretty simple. Yeah. Yeah. And y'all can always ask questions after the fact as well and we'll go back and answer them for you. Any final words? No. If you need anything, my email is also g-e-c-r-i-f-a-s. At york.edu. You can also follow us on social media. At york.brigtsen-gibson-halls. So stay tuned for more exciting events. I'm looking forward to seeing you all this fall. Yep. Thanks for watching.


In this video we'll look at unit conversions, that is, how to convert a measurement taken in one kind of unit into another kind of unit. For instance, a recipe tells you that you need 1.35 kilograms of flour, but your scales only measure in grams. So you need to work out how many grams are equivalent to 1.35 kilos. Now you're familiar enough with this kind of conversion that you can probably do it in your head. But let me show you a formal way of doing the conversion so that when, for instance, you're asked to convert milliseconds into weeks, you'll have something to fall back on. I'm going to set this out by writing my quantities as fractions. You'll see why in a second. What I know is the 1.35 kilograms of flour, so I'm going to put that over a denominator of 1 so that its value doesn't change. Now to change this into grams, I need to know the conversion factor between kilograms and grams. So I know that 1 kilogram is equivalent to 1,000 grams. This is the conversion factor. I can write this as 1 kilogram over 1,000 grams or as 1,000 grams over 1 kilogram. Either way, the quantity on the top is exactly the same as the quantity on the bottom. It's just that they're expressed in different units. So I want to apply this conversion factor to my mass. But the thing that sometimes trips people up in these calculations is whether to multiply by 1,000 or divide by 1,000. Which way up should the conversion factor go? So here's the trick. You can use the units to guide you.  So your aim is to arrange the fraction so that the kilograms cancel out. To do this, you need to write this conversion factor with the kilograms on the bottom. Now you know that in fractions anything that's both on the top and the bottom will cancel out because dividing something by itself just gives you 1. So here we can cancel the kilograms out. And you can see now that the only unit left is the grams. Now to do the calculation, we're simply multiplying fractions. So we multiply the numerators together and we multiply the denominators together. And then we divide the numerator by the denominator. And so you see that the answer is 1,350 grams as you would have predicted.