I used to work, but then I had to stop working, so it also made me feel like I was still in society. It's a way to meet new people. Getting the things you need, very social. Getting the goods in return for time. Giving the things you want to give. It's a beautiful alternative to the current system that we have and staying connected. To engage in community, which I'm just discovering is an important thing. It gives you a chance to kind of put, quote unquote, money in the bank doing unusual kinds of things. Forming community around you. Another way to exchange our goods and services. Every hour is the same. I think it's a great idea. It just builds the community all the way around. It provides me with all kinds of extra nice things in my life that I would not otherwise have access to. Everyone is equal as far as what their time is valued in making new friends. It's like such a community thing. I love that. It's just getting to know people. It's valuable to me because I'm on social security and limited income. And it really helps me to be able to get what I need in exchange for services I can render. Communication, it gets people actually interacting with each other. The way monetary exchange something does.


In celebration of Fast and the Furious 62, I grabbed a shirt that looked like something Vin Diesel would wear. That's not a muscle tee. Now that I have the right attire and a great attitude, it's time to review F9, the Fast Saga. Why is it called that? What a weird title. The gang's all here. Letty, Maya, Dom, Maya and Dom's brother. Wait, they have a brother? It reminds me of sitcoms where they introduce a long-lost brother or twin that we didn't know existed until like the fifth season of the show, because they're running out of ideas. If there were any themes at all in this film, outside of the threat of family, it would be that the past has a way of coming back again. Whether it's a brother that's never been mentioned in eight previous films, or a character who was dead for four of them and then returns. I actually don't know if it's been four films. This whole thing is a roller coaster. We started out a drag race scene. Now we're, for some reason, launching cars into space. It's a whirlwind. Let me just come right out and say it. This is one of the dumbest movies I've ever seen in theaters, and I saw Boss Baby. It's so bonkers. It's so nuts. It's so crazy. It's so ludicrous. He's in it. Don't worry. He's back, too. Whole gang's here, except for Dwayne Johnson and Jason Statham. Because I don't think they, I don't think, I don't think The Rock gets along with Diesel. That's what I read. Rocks and Diesel don't mix. Physics are inconsequential by the ninth film. They kind of joke about it at one point. They also joke about how they're untouchable. They don't seem to die, or even get hurt for that matter. It's one thing to be self-referential and meme yourself, which this film does multiple times.  I wrongfully, in the past, compared the Fast and the Furious to that of an Avengers type of an event where they keep getting more over-the-top and crazy that these characters are basically superheroes.  Like, the characters all look old. They look miserable. Vin Diesel's just so uncomfortable throughout this whole movie. He's just, he's kind of like this the whole time. His shirts look weird. He's always in a weird posture. His face is never making real expressions. I just, I don't, what happened to this franchise?  And now we're just, we're dodging landmines in the forest. We're traveling to 85 different places, most of which I've never heard of. I know you can drive fast, Dom. And sometimes furious, actually a lot of times furious. But you're traveling across continents in like the course of an afternoon. And then back again. Shit, you have guys go to space? And then like a day later they're back home having a barbecue. How? How? Nothing makes a lick of sense. There's dudes jumping around from car to car like they're agents out of the matrix.  I mean, I don't even know how many people died. I don't know how many casualties there were in the final action scene.  There should be blood and guts and carnage all over this road. These are horrible people. Horrible people. I have a very hard time following stories now. And I think I know why. Back in the day, there would be like one major plot, maybe one or two minor plots sprinkled in. That was your story. Stop a, stop a shark from invading the beach. Plus deal with some of the politics of the locals in such as Jaws. Now though, it's okay, fast and the furious crew. We have retired some of us. We're in hiding out on a farm. We're raising a son that's now ours because other people are dead.  By the way, we don't see him again. I don't really know what was happening with that whole thing. And only we can know about it. This then pinpoints a location to something we have to go get, which leads to other things we have to go get. And then there's a key that we have to go find. Meanwhile, we left our son back at the barn that we saw for five minutes of the film. They don't care at all. Like Dom leaves this kid that he's just so held on to protecting. They don't tell us who he left him with until like 25 minutes later. That's just good writing. So they're going after these two pieces of technology that when hooked together cause the Transformium to take over the world and Decepticons come down and they can wipe out all the computers and Optimus and the gang have to stop them. Meanwhile, a ghost from the past comes back. But how did he survive? Well, let's do a flashback and find out. That's his sister? Well, not really. Let's do a flashback and find out who she is. Wait, Dom has a brother? Sure does. Let's do seven flashbacks and find out how that all went down. These are all stories. These are all full films worth of events. Dom having a brother? That's kind of a big deal. That's probably something that should be addressed more than in a couple flashbacks. Bear in mind, the flashbacks have two actors that just look bizarre. I don't know if they were doing some sort of a face manipulation or what, but these look like an amalgamation of different people. They don't look like real people. And they certainly didn't look like the actors they were portraying. In fact, I thought Dom was the shorter brother for the longest time because, you know, his brother Jacob, played by John Cena, is quite a bit taller than him. But who cares?  What were you expecting, Citizen Kane? Yes.  That's exactly what I was expecting. A movie with some competency. A movie with some story structure. A movie that's not just a string of random video games meshed together. Yeah, I expect Citizen Kane.   My brain has limits. Dick, there's only so much I can handle. There's a scene in the film where Dom is in a sewer or something. I don't know, there's chains, there's water, there's stuff.  They're all decked out. Meanwhile, Lenny gets away, Dom shuts the door, locks himself in, and he's like, you'll tell the kid that I love him or something. I don't know, where is he at? Where's the kid? Eh, who cares? I got stuff to do. And he fights all these dudes and he turns into the Hulk. He legitimately turns into the Hulk. He's like, run! He jumps down, he like picks up a piece of cement and smashes it on the guy. He like breaks the dude's neck into a railing. He throws six guys over.   I don't know. It's so hard to describe because I like crazy, loony films. Like, I eat Wanted Up with Angelina Jolie with her curving bullets. It's just preposterous. It's nonsense. Yet somehow that worked for me. There's this really fine razor line where you can like get away with it if you have some style to your films. I think the problem is, Fast and the Furious, there's nobody on this crew that can hold this movie together. There's no like Deadpool, Ryan Reynolds, you know? Vin Diesel has no range. He's just so there, you know?  He's like, you, what car do I get in? I should also point out that I liked Fast and the Furious 6. I think the one with Paul Walker where he was deep faked onto his brother's face or whatever they did. Face off, Nicholas Cage. That was fine. I mean, I don't know why that one worked and this didn't. I couldn't possibly pinpoint what's different between them. Outside of maybe that one just had a bit more emotion attached to it because of Paul Walker's passing. So there was just, they had that real life scenario, a plain part in the film. I think that's exactly what it was. There's something to latch onto in that movie.  That's nothing. That's nothing.  It's just so loony tunes bad that that's enjoyable, I guess. But when that's not happening and there's plenty of times when it's not, it's just a snorefest and you're just waiting for the next action scene to ramp up to watch Vin Diesel blow his car through the side of a brick pillar and somehow hook the cable onto the axle of his front left wheel or whatever he does and then swing around to another mountain. That happens. And my favorite part about that is before it happens, Lenny's like, uh-uh, you're not going to do what I think you're going to do. What? How would you possibly know? That's what he was thinking. Remember in mind, right before that event happens, the bridge that was there looked like some rickety shit from Indiana Jones and the Temple of Doom. The other crew drives on it, and as they're going, the back of the bridge starts falling. This is what's supposed to happen. That's what's supposed to happen. But instead, it's... What! What! They drive up this bridge as it's free-falling. of Legolas in The Hobbit when he runs up the bricks as they're falling away. Nothing about it makes sense, although I ate it up because Legolas is like a magic elf.  Fast and the Furious has no excuse. It's just so boggers. I'm giving Fast and the Furious nine four out of ten Noss speed canister things. I don't know what they are. I don't know anything about cars and neither does this movie. Thanks for watching the video. If you want to hear my thoughts on more Fast and the Furious, stick around because soon I'll be doing a Fast and the Furious one versus Fast and the Furious nine on my movie feuds show and I'll be a little bit nicer I think in that one. I'm gonna try to be nicer there because I know people do love this franchise. This is just, this is just my honest opinion on the film. Make sure to like the video and subscribe if you haven't and hopefully I'll see you around the channel. Take care.


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Welcome, everyone, to this next panel of tech and innovation summit 2021. We are in the third stage, which is the final stage of our day, and this panel is about the changing dynamics of money, and to talk about it, we have with us Mr. Ashish Singhal, co-founder and CEO, Point Switch, and we have Mr. Madhusudan Ekambaram, CEO, credit company and co-founder face, Mr. Anand Kumar Pajaj, founder, MD and CEO, Payneerbhai, Mr. Rajesh Raju, managing director of Ladi Capital, and Mr. David Kauri, managing partner, Jungle Ventures. And to lead the session, we have with us Mr. Ashish Kafadia, partner, Lume Ventures. Ashish, over to you. Hi, very good afternoon, and a warm welcome to everyone. It's been a pleasure going back and working with some of the friendly faces that we have been and good to know a few others who have who we have not met. So thank you once again, Saurav and Tupan and Gati. The thought process was to spend some time trying to talk about the overall future, the way we look at fintech. We are all investors, trope founders, trope entrepreneurs in more ways than one. And the idea would not be to try and just gesticulate on only about things which we are hallucinating or dreaming about, but the thought process would be to try and connect the dots and try and put forth our views on how we see the scenario shaping up specifically with respect to fintech as an industry. So just to get going, my quick thoughts on the vertical, the way I have seen fintech over the last few years, I have kind of felt that we are moving towards a era where fintech is no longer going to remain a vertical. I do feel that the horizontalization has pretty much begun and COVID if at all has only been a catalyst to that process. What I mean by that statement is over the last 20 years, you would track various opportunities and various opportunities to invest as well as to start up into different buckets and technology was one of the many buckets and over the last 10 years it became horizontal. In a similar vein, I do feel that fintech is pretty much in the past to be a horizontal and less of a vertical and the reason I say this is because you look at payments as a vertical, whether you look at credit as a vertical, every other business, if not every business will have some of the other elements that are relevant and you will end up building a stack or a layer of overlapping fintech ideas. So with that overarching thought process and context, we do see several areas in which the Indian and global ecosystem has evolved. We have the conventional financial services on one side with banking, insurance, capital markets and we have a bunch of new initiatives on the payments, alternative areas of credit to accept on the other side. So what I will try and do is bring in views of my fellow panelists here on each of these areas, starting with an area which has been in the news on and off and something which most of us can't get our minds off. So broadly the way we do see blockchain crypto, it has been anointed as something that will take over the future. There are economies which have been predicted to be built on top of cryptocurrencies and there are also a lot of white papers, etc. floating around which say that the economies which don't adapt are definitely going to miss out on lot. So let me start with my fellow panelists here, going over to Ashish, Ashish how do you see the developments here and what are the areas we see blockchain creating sustainable enterprises and in the vein of that, how do you see crypto emerging in India from here on? So that will be good to start with and then of course we'll move the panel to understand other dynamics. Thanks Ashish. Thanks Ashish for summarizing the fintech landscape in India and obviously crypto has been in the news and at the cutting edge of what we are trying to achieve as well. So crypto as an overarching theme in itself is trying to change fundamentally how systems work, creating less and less dependencies on third parties, creating more resilient systems which are built at the core by code itself and serving the people equal, taking say insurance for example, banking for example, it becomes just an internet and a mobile device you can now access globally wherever you are the banking and the financial ecosystem that is what crypto is here to revolutionize to make not just everyone in the world but every corner of India linked to this global ecosystem and trying to create different services in a new way possible. So crypto establishing a new way to build businesses to take people into this economy through just a mobile phone and the internet and creating their own identity over this financial ecosystem. Crypto especially in India is very very powerful not from just this standpoint of investment but also from the standpoint of the infrastructure. In India getting people on board on banking services, remote areas of India, it's hard. The infrastructure to build in India, it's very very difficult to reach every single person in India even in the remotest area to get them linked to the financial ecosystem but crypto is that bridge that we believe working with the financial ecosystem but creating a new way to onboard these people, to link these people to the economy and not just the local economy but the global economy in itself. So crypto has emerged as a platform not just as an investment platform in general but as a platform to revolutionize banking, lending, insurance as we go on. Obviously it's a very start of the journey, we'll see how things evolve in the future but it's really promising how crypto could really benefit the world and especially India and being so many innovators in India. Just looking forward to what we will come out and build the next set of multi-billion dollar companies in India on crypto and blockchain. Thanks Ashish, I appreciate the views. So David coming to you next, in terms of taking this little forward, do we see crypto emerging as a mainstream activity which will take over being more than what today has been looked upon as an revenue and asset class and what are the critical factors for that to become mainstream if at all we believe that way. And before we start David also a small 30 seconds introduction about you would be really useful for participants. Sorry I missed that with Ashish, we'll come back and do it again. So over to you David, thank you. Sure, just 30 seconds on me as I originally spent 12 years doing M&A at Yahoo covering everything except for the U.S. and then TBG Capital and then I've been a partner at Jungle for the last six years. We invest in Series A, Series B tech companies across India and Southeast Asia. And like you we also believe that Pintek has always been horizontal and within that you have vertical categories from payments to credit that are building up. I think the other thing that's been evolving is that you also have years ago you had defined Pintek companies where today I think there are Pintek elements within all types of businesses. So you may have software businesses that have a payment or a credit or some other layer. There's companies like Pine Labs, you have multi faceted businesses that have Pintek as an element of what they're doing. So I think it's become more pervasive. I think as you think about crypto, certainly there, as Ashish just mentioned, there's a tremendous amount of benefits whether it's the velocity of transactions, the reduction of fraud. I think from an investor's perspective, I think one of the things that we are conscious of is the regulatory environment. And I think U.S. President Ronald Reagan had it right when he said the nine most terrifying words in the English language are, I'm from the government and I'm here to help. So there is government involvement in crypto. There needs to be at a domestic level across all of the markets. And how that regulatory regime comes together really defines what role I think crypto can play in each of the individual markets. But clearly there are benefits and pros and cons to that. But as you think about the global applicability of crypto, it is one of the most pervasive technologies I think to grow globally to align consumers and businesses in order to either transact or to drive more efficiencies into what they're doing or make the world a smaller place and induce a lot more trade, a lot more continuity of service and consistency. So I think there's a tremendous amount of upside. I think it's still in the early days and really is up for development based upon each individual domestic market. I appreciate on that note coming to Rajesh, a very relevant question, given what David mentioned about government, is India ready for crypto? What are the factors we see are critical for crypto in India? If at all, we believe they are ready. And if it is not, what are the parts we need to walk? Thanks, Ashish. Good question. India has already tried to regulate it in some ways, ban crypto usage in India, linking bank accounts to crypto exchanges, they took that step a couple of years back. I'm sure Ashish and others who are closer to crypto can answer that question may be better. But in general, my views on crypto, of course, there are a lot of benefits. And when it comes to any sort of, whether it's currency or a financial services product, security is the most important thing and speed of transactions is extremely important. And the price of the transaction is critical. So crypto does provide a lot of great advantages around all those three. But at the same time, the way maybe it's a perception issue, maybe there is a way to semi-regulate the entire industry to make sure that the crypto comes into the mainstream rather than a back-channel currency, the way it's looked upon today. My views that the governments are not going to leave this particular industry alone without any regulation. I think from taxation to government revenues to maybe it's a perception issue. Excuse me. So I think it will be regulated to what extent by which government is there going to be an international body or individual country is going to regulate this on its own. I think there are a lot of complications ahead of crypto and very difficult to kind of forecast how the whole industry is going to evolve. But my view is that it is going to be regulated to what extent and depending on the country, they may take different approaches to this. But as the industry gets bigger, absolutely the governments are not going to let a lot of revenues leak and there will be some regulation. I guess Ashish and others I'm sure are thinking about this on a daily basis what the regulation is going to be but it is going to be regulated. Just taking on that point Ashish, we are even expecting some developments on the tax run. Of course, the way the Indian laws define, they can tax on anything and everything. There's hardly anything that they can't. But we're expecting a little more clarification that this will be tax managed and migrated going forward. That's broadly the thought process of the news. And the other thing also is that I do feel that for that to be mainstream, the government will need to do better to give a clarity in terms of where its head is at. Do they want to have their own currency? Do they want to allow and permit other currencies to operate? I do feel that a lot more clarity and communication on the topic is going to do all of us a world of good. Till then we can only imagine speculate and take our positions but there are lots more to be done over the next 24 months or so before we can even start thinking of that becoming mainstream from an India standpoint the way it is. So moving ahead, coming to Madhu. Another payment from a credit lens are the emerging trends leading to and broadly what is the way you see the landscape evolving? We have seen a fair bit of investment and growth of businesses around credit and there seems to be a unsatiable appetite both from the investor community and the in-state consumers who are leveraging these platforms. What is the way forward and what does the future look like for us to have a holistic payment system which can be managed where this can be created in a sustainable format? Okay, thanks Ashish. On a level of some brief introduction, I am Madhu and I am the CEO co-founder of CradeB. CradeB is a platform where we are intending to take the entire company towards a new bank services in the next couple of years in its real sense. I mean new bank is a certain term which has been abused very badly but in its real sense it's taking all the banking credit services to the last mile using technology as a platform and that's what we were aimed to. So of course what we have been doing for the last five years has been pioneering the lending especially to the masters, especially to the tier two to tier four cities. So T2 to T4 cities is what we have been servicing, providing the credit on their apps, on their Android phones is what we have been doing. So looking at credit, I mean it's interesting to understand where India is. So more than one third of the Indian population don't have banking services, the formal banking services, what we call it. So a huge part of India is dependent on the informal sectors. Just look at certain numbers. The health insurance which is a primary need for all of us. The penetration of health insurance of any format is only about 18% to the Indians. So that's a basic need. The credit card penetration, for example, it has become more of an exclusive or a luxury service to be offered. The penetration is about like 3% to the Indians. So on one hand what we see is that people like us keep getting tens of calls or there are like multiple times we get calls to offer, I mean offering us credit cards, offering us personal loans and offering us insurances and what not. On the other hand, a lot of the masses have been deprived of these basic services. So that's where the real India is. Now if you're looking at where the FinTechs can majorly play a role is not trying to go behind the crowd which has been already serviced so well by the banks and they're kind of put into kind of a repeated calls by these banks and what not. Not those customers but the customers who are really in this tier two to tier four cities and that's where the real last mile services of this banking has to be provided and that's where the real growth is going to come out and otherwise you don't really require to go and underwrite a salaried person with a 750 plus civil score. I mean there is no meaning in that. I mean already the banks are doing a FinTech can never or on a lending side you can never offer the rates what the banks can offer then what are you really trying to chase here. Your CACs are going to shoot up and ultimately there is no unit economics profitability what you could see that. So in all sense either the business sense or the real need within the Indian population I think the the mid India or the T2 to T4 cities is where the growth going to come for the in the future for the FinTechs is what is my thoughts. Thanks Madhu, appreciate. I'm coming over to you with respect to payments. It has been one of the earliest workouts from where India stands and it has also emerged to be a fairly crowded market where there are a bunch of opportunities and venues for customers and consumers alike. So how what do you see as the opportunity set next coming up? Do you see customers needing additional layers to be able to continue to engage with their preferred payment app? And if yes what would these layers be and how would the payment businesses differentiate? It's a fantastic question Ashish and the whole idea of what is the preferred lens of payment for a consumer and you called out early about the horizontalization of FinTech and I believe payment itself is one which is getting through the horizontal and applying itself to everything that exists. So every commerce gets expedited with a layer of super efficient payment mechanism be it with a card swipe with nil mdr not relevant with a UPI with QR scan not relevant for mass India where debit cards are expired mobile numbers are not updated in the bank account bank hyper banking. So that leaves you with cash or with protection may prevent them you put your thumb and the old guard way of going back to the age old banking practices of putting them and getting your money done. That is what by the way we do 6000 crore of throughput every month with 7 billion dollar odd process last year. That's it your first question is very interesting the part where you asked that will the customer prefer the preferred mode of payment. The preference of a digital savvy greedy segment is the discount and there is no loyalty warranted over there. So people are only burning money in doing habit formation changes where payment app A came and long live that payment app B came long live wallet with UPI coming in CDEFG came and then the challenges of beyond E2 towns where debit cards are expired where mobile numbers are not updated in the bank account. So how does one ride up to the UPI bandwagon either. Having said that there is a mass India the Bharat that you and I don't relate to your mason plumber electrician painter carpenter maids I a buy a buy an ABCD everything that is sub strata to us and that segment is catching up gradually for lending if you call it neo banking if you call it far away from crypto yet by basic best that will help me. So let the basic cash flowing what I'm excited about is that the horizontalization of fintech applied to retailing with the 15 lakh retailers registered on pay nearby platform without burning money 50 lakh downloaded without burning money and half a million five lack of them actively transacting and serving there nothing but merchant network. So look at us as half a million retail network facilitating banking cash and cash out on top of it you have a soft boss for tap and pay you have a card swipe you have a UPI you have a hard pay and a link based payment not to miss out on top of it you engage layers of e-commerce you engage layer of FMCG so this is a transportation layer a digital transportation layer of micro entrepreneurs seeded into deep arteries of India and most of the work that you would talk of two way flow of communication be it taking high end of technology to the bottom of pyramid which is payments or taking e-commerce to assisted commerce or taking the offload of the ground like taobao in china can you help ssg self-help groups to take their products online for sales at amazon and itc at flipkart so yeah exciting times ahead but too sent on the blockchain since I can't hold I heard mtab chaudhary speaking in the previous session what currency is it which is so much fluctuating the basic dharma of currency is to be stable and give a stable commerce sense CBDC would take the cake away when it comes whenever it comes libra was held back for similar apprehensions probably and what exchanges are those which fail offline often and take away the whole currency that is loaded onto them on crypto no security warranted 600 million dollars taken away 200 returned last week I read about some exchange so I don't understand this I think we are we are far away from it and we don't seem to be missing anything either but the blockchain below it is a very great technology for distributed ledger which you can apply for many other things sorry I don't understand it hence I'm expressing my apprehension and that's to you Ashish no appreciate this one thanks for adding the last bit on the bitcoins well appreciate so let me come back and bring in some investor views around what we are seeing as a mega trends in the market as well one one segment that where not much was done initially was the intra space on the financial services side realistic innovation that last innovation that I can recall on the banking side having been part of a couple of banks was full banking solution happening at scale and it's been two decades since we spoke about that a lot of practical stuff a lot of stuff on specific segment but nothing at a scale that level so what I'm definitely curious to know what are the trends we are seeing on the inside on applicable to financial services banking insurance for specific vertical within the financial services and fintech domain would love to start with you David and then also I have Rajesh's view as for my investments before we pull the founders and have their thoughts sure so I think one of the biggest changes has been the leverage ability of data so if you think about that in the insure tech space it's not just to Onan's point about the products reaching consumers in two or two or three towns and reaching a new base but it's also leveraging the data that you're able to capture to drive and to create better underwriting which hopefully lowers premiums and drives accessibility of certain products and I think that's been largely prevalent in the insure tech space so that's been a category that I think has been able to and in the midst of transforming itself from you know traditional to new age through the use of that data through the benefits that technology brings maybe I'll pass over to Rajesh for his view and a bit more and thanks David I'll come back to you I have a couple of points on the data that has been an engine a fair bit of hope and opportunity I'll come back on that but before that I'm going to request Rajesh to comment on his thoughts on the overall trends and the opportunities in the pentech space on specifically on the infrastructure or any other thing that he has his views on what trends they're observing on the pentech side from a future standpoint Rajesh you're on mute sorry and on the infrastructure side I'm sure there are a lot of intakes including a couple of our companies for building automation and other products for banks and large NBFCs and I don't see much innovation coming from the core banking sector you're right Rajesh since the core banking you know digital core banking I don't think there's not much has happened I think they're they're fat and happy and I'm sure with the with the boom that we are seeing I do notice through our portfolio companies the larger banks are taking notice they're trying to they're trying to at least upgrade their technology does it mean they want to develop everything in house or are they going to go with the off-the-shelf cutting-edge products and platforms they're at least trying we have a company called Sainzi which does a lot of the workflow automation for banks and large NBFCs including digital KYC etc which used to take their weeks and months for merchants now we're doing it in you know matter of minutes and hours right so there is some some fundamentally you know performance and security and cost of transaction like I mentioned before all those areas I think infrastructure upgrades are going to happen either by the banks themselves or by young entrepreneurs trying to innovate and and sell it in the infrastructure products to you know large banks to NBFCs too and and like you said I mean the hold on pretty much everyone is going to be NBFC eventually so we need core infrastructure across not just pure financial services companies but but it could be across many other players who will be dabbling in in financial services whether that's their fourth business or not there may be a supply chain player and they'll be doing payments and lending and it will be many other segments right so it's not their core business so infrastructure can be provided by you know fintech companies as a horizontal to many of these players where it's not their core you know asset or skill set so there are many examples like a credit with you which does you know differentiate credit scoring and then we do that for you know pretty much every large bank and every large NBFC out there it's not that the banks and NBFCs cannot do but but just the innovation of applying taking a few data points without bothering the customer too much and how do you apply AI and data science and figure out whether they're grade worthy or not right so so there are a lot of things happening all around the financial services it's not just about payments and lending right I mean those are the things which get talked about but this fundamentally infrastructure side things have to change and it's a matter of time either the banks do it themselves or you know the the the reason new banks exist is because banks cannot provide simple digitalization and extending it to every customer who wants banking to their doorstep right so now now you're at your fingertips so you know the fintechs and and the entrepreneurs the new entrepreneurs are going to put a lot of pressure on the entire system to innovate or at least buy off the shelf platforms and products to make their whole process much more smoother and faster thank you I think one very important point you made is about payments and lending is not the only thing and that's where the earlier boom came in and thanks to the last few years we are seeing a slightly more balanced attention to the infrastructure as well without which I don't think we'll be able to get to a lot of solutions things as basic as vacancy liations or things as whether it is a credit card for their merchants or whether it is the customers for the banks we still are in areas where there's a lot of scope on those areas and that's where I think even the best of the new banks will have to think through some of these to become more holistic and own the customer as well as being able to have meaningful margin structures for themselves so you would be good to start with a quick 30 second background about you and the company and rather than putting my question for you I'll crowdsource it there has been a favorite of interest and we're asking questions so let me use that so the question that was put up was how do you as a company look at the technology and the security related concerns related to crypto and the other part also what I thought relevant what I wanted to be meaning to check with you is about the cost of transactions so would be good to hear your thoughts thanks Ashish and just to introduce myself myself Ashish single CEO and co-founder of Point Switch Kube which is the leading crypto platform in India making crypto as investing as simple as ordering food online and just before I answer your question Ashish I want to address Anand's point as well on you know that it's we believe I was about to ask you on that when he said let me come so thanks for being here so we all we are not so probably close to crypto so we do not understand who are actually investing in crypto 60% of our users which is over 6 million users are coming from tier 2 and tier 3 cities my made invest in crypto as well my parents invest in crypto obviously they're biased but they invest in crypto and do they do tier 3 cities are the big hubs which are getting into this investment and crypto is not just about CPDC users about stablecoins why bitcoin fluctuates so much why did gold fluctuate so much when it was starting to accept as a payment because once you figure out that there is a mode of payment then every region had different demand and supply and demand and supply need to equate for this fluctuation to go away crypto is in an adoption phase this fluctuation will reduce and stabilize over time stablecoins are a solution it has been implemented across the world through various like USDC USDT and various other factors which plays a very critical part but that critical part is not what blockchain and crypto is is all about it's it's about building infrastructure it's about building creating more solutions like Ashish talked about reconciliation identity is one of them cross water remittance among them and micro payments which I now talk about regarding the cost of transaction Ashish to address your point so cost of transaction on crypto obviously you know fluctuate too much because of the network issues it's a new network which is trying to build up now but over time things like lightning network things like sidechain would reduce the amount of transactions on the actual blockchain reducing the amount of cost and enabling micro payments if you have to pay even 1 rupee to continuously say stream a youtube video from any point you can still do that without worrying about the cost of transaction in that mode right so these are the so like people used to say right that internet money for the internet has never been built and bitcoin and cryptocurrencies what they're trying to do is trying to establish that that infrastructure which will allow payment to happen smoothly over the internet and cost of transaction is a very important point to address there and things like lightning network things like you know sidechains would considerably reduce the cost of doing transactions over you know the networks built on blockchains itself and we would see traditional finance using blockchain in the future to reduce their transaction cost and remittance is a is a very good example for that remittance cost and time has reduced significantly you know since the banks have started using blockchain as their base to you know send and receive information in and around the swift message right coming to security obviously security is the biggest risk because once you take away you know currently in the current financial ecosystem you trust banks and third parties to be secured to take care of your security crypto works the other way the security lies in the hand of the people that holds it so security is going to be a big challenge but it's not that you know we haven't done enough the industry has moved bounds beyond traditional security and you know Coinbase custody is a great example even a faraday cage of they are built to make sure that the information sharing is there's not possible across any network making the most secure crypto storage in the world today right so it's it's about innovation and as the innovation grows our need for security would grow and you know the young companies like us would try to build new innovative systems making sure that people feel secure and safe while using these infrastructures and still be able to utilize the best possible outcome from the infrastructure that built out of it. Good points appreciate Ashish thanks a lot just a quick 10 seconds before I move to the last couple of questions David thanks for your time I understand you need to leave really appreciate your time and insights thank you yeah no thank you it was a great panel. So Madhu a very quick question the perpetual argument about every lending stock credit business will eventually have need to have an NBFC versus platforms will have this hope to become profitable on their own without the NBFC the bank it so very quick shot you before we move to the last question to Anand. Yeah so I guess you know the models are really becoming quite well all right so there is NBFCs which are participating on multiple platforms and you know that there are companies like us who run both the platform and an NBFC so our platform has multiple NBFCs banks participating on our own platform while our NBFC participates on multiple other platforms so you will see a lot of m cross n structures that will evolve and probably gets enticing and that's how the industry is evolving right so there's there's never been a single bank in any in any country right so there always it's not a winner take take all market especially in terms of credit there's going to be multiple players and there's going to be multiple platforms and the coexistence and growing together is the way for fintech lending sectors right so that's what we are going to eventually see in this sector so the presence is what is more important and coming to that part of you know so who is going to be profitable here whether the NBFC or the platform I think the real question is who is going to unbride you know so the the overall point comes in is that NBFC is nothing but a regulatory license at the end of the day which which probably the the platforms itself can apply and whatnot right so the the real question comes is who is unwriting and whether that particular platform or NBFC has the ability to unwrite with the data available on that platform right so I think that's the key question and that's where somebody has to build their expertise on and those are the entities which will be valued more in in in the upcoming time or in future rather than to very clearly say that whether the NBFCs or the platforms and who will dictate the terms is more about who can unwrite here yeah point thank you Anand last question I I do feel that there will be a more holistic system with the new age tech players existing coincided with the existing ecosystem on financial services I don't think it is true that bank management will be replaced it will be coexisting it will be more sophisticated quick thoughts on that before we hand it back to sir yeah I believe it's a model of coexistence it's not entire existence everyone has a job to do and we believe that the fintechs are the front office of banks so to say rather than thinking banks are back office of fintechs there is a lot of governance there is a lot of credibility trust that they bring that said yeah bank and bfc fintechs non-lending ones also all of them will coexist and it's a like even rajesh mentioned and even I heard the madhu say that it's a matter of coexistence what of each other can you leverage so two plus two is not four it's actually 40 that is what you can leverage having said that to your own point that you mentioned about horizontalization earlier rather than verticalization of payment we see a huge opportunity with these half a million active retailers we are now able to take itc on our backfill to the remotest of the areas we are able to take a e-commerce company there we are able to take pharmacy to the last mile while simultaneously handling banking and payments all the payment modules on top of it lending enabled with terabytes of data that are available with human intelligence and actual we call it barosa score it's not credit score it's credibility score because hundred customers come to our retailer base every month on month on month on month so there is a credibility established through our data that we are able to see we experimented it with centrum and we see three cycles of repayment happening 100 percent so this is a scalable model imagine five lakh retailers getting 50 000 rupees it will be one of the good large portfolios created out of it now that's it to your point that Infra was built in the last two years Rome was not built in a year and overnight the UPI today enjoys the bedrock of IMPS which was built 10 years ago which rode on NEFT simultaneously came a spin off of adhar enabled payment system where when the cards were not working adhar was working when the ATMs were down underwater or the ATM cards were not working the Anguta chap was working actually and people you and I also withdrew by using adhar system so coexistence interdependency is a better way lot has been built and like you say we are a digital connector these are half million micro-entrepreneur platforms who help bring anything to anywhere so while we say most of the financial services to most of the people at most of the places it looks like with digital connectivity we can take most of the things to most of the people


Teaching English in Hong Kong? What options are there? Hong Kong has a lot to offer if you are looking for an English teaching job, because Hong Kong has a very active and diverse education system. If you live in Hong Kong and want to start a teaching career, or plan to move to Hong Kong with the idea of teaching English, this blog post will help you understand what to expect and covers three main options for teaching English in Hong Kong. Hong Kong's Net Scheme A quick internet search about teaching English in Hong Kong reveals the Hong Kong Net Scheme. The Net Scheme is a recruitment system developed by the Hong Kong Education Bureau, focused mainly on teaching in primary or secondary schools. Being part of the Net Scheme means having access to good teacher packages and a considerable salary higher than other teachers not part of the scheme. Nets are entitled to amazing benefits, including special allowance, baggage allowance, and medical insurance. All you need to be considered for the Net Scheme in Hong Kong is a bachelor's degree in any subject and a teflotesol qualification. Teaching position as an English class teacher The alternative to applying for the Net Scheme is applying directly for teaching positions at kindergartens and other private schools. Most of these positions are advertised on websites like jobsdb.com, ctgoodjobs.hk, or LinkedIn. If you look for a job as a class teacher, most of the online job ads are for full-time positions. As an English class teacher you most likely work for a private international kindergarten to conduct their English language lessons. The class teacher positions are great for anyone with little to none teaching experience. This kind of position offers more support from the management and staff, and provides you with a detailed curriculum and the books used for the lessons. A class teacher also works closely with a Chinese teacher at all times. This code teacher offers a lot of help and assistance, so that you won't be left alone dealing with the students and lessons to prepare. Teaching in a learning center If you don't like working with the same students in the same school all day and every day, a great option is to work for a learning center. The main job of a learning center is to offer tutoring services to students after school. Learning centers don't have teaching hours in the morning, and will outsource your teaching services to two or three different kindergartens for morning classes. In this case contrary to a class teacher, you will hold lessons for a maximum of 30 minutes per class, meaning that you will perform lessons non-stop, covering levels from nursery, K1 K2 and K3 classes with only 10 to 15 minutes break in between. You will also have to prepare materials on lesson plans for at least four classes per school, but sometimes you can use the same material for different schools. Once the classes in the morning are done, you usually have a few hours of free time before heading back to the learning center for tutoring classes. The learning center provides all the teaching materials for the tutoring lessons, and you won't have more than six students at once. Come and Teach English in Hong Kong As you can see teaching English in Hong Kong can be exciting and challenging at the same time. However hard work and local connections will pay off. Most importantly look for a position that suits you the best, offering you stability, and good working conditions, and your life as a teacher will be much easier. And click on any of the videos here on the left for more interesting teaching tips for getting certified to teach English abroad and online.


As we've already said, I'm Mr. Hansen and I'm working for the Department of Health School, just a little bit of history where I am, so I'm coming here to the Department of Health School for like 10 years and I've been a user before that for 10 years. I'm in the other department, so we tell the Department of Health School that the enlightenment information libraries used to drive the enlightenment development and development there, and the recent intern, and also maintaining a small business terminal which is the main driving party of why I'm actually working on this kind of scenario, or come to that in a minute. And I'm also the team leader of the Center for Social Education. So, what I'm going to talk about today, first I'm going to talk about the development and why I'm actually doing that and why I want to test something like that out and why it helped me in my personal development process. Then I've got a little bit of power perception, actually doing there is not comprehensive so it doesn't mean I could get all the shit and everything, at least that's the use case in mind, and if you have a different use case it might be not the best solution for you. So, finally I've got to see an MPP, can you do the cannon ship, and that's why I don't, I don't think there's any doubt there what I'm going there, what the status is, what's the driver and so on. And then I talk a little bit about not the hardware side but the software testing side I'm doing because I really wanted to grab the testing side so I can actually run the driver test and run very much this way but still be far from that in general. Okay, so what happened did I actually try to solve it? So, as I said I may have to use more substance than the news column it's a 2504, which is for low time, it's a stand up for wide communication but it doesn't have much benefit or anything, but it's so powerful, it's part of the statistics. Something you might know, if you know, for example, the lower levels of that energy supply there, that's actually a 2504. And in particular the principle for this kind of concept we normally really simply want. They most of the time count as an FBA A in case for the data transmission and something that I do get out of just for 60 days a night and you are resetting the shape or maybe some other standard. So we normally, we simply write it and drivers are normally like only a few on the line so maybe I just got another graph from it this morning that was like 1500 lines but that was actually quite huge. So let's see the area I'm working in and I want to improve on that because what I did in the beginning I'm still doing some kind of to test these kind of devices I hope they're not too rescue pie just because it's so convenient to have it I could use a different development method but it just needs a pie model because I have some of them lying around but they have to do quite a few war bags with that at least in my part of the workflow for that. Building main time channels for rescue pie is not that easy because if I, I need to be updated as all what's going on in Next Next for example so the networking system to make sure that all my stuff that I send a request out is actually defined cleanly and everything so I need to make sure that these things are to be built and that's not always the usual part I have at least three or four problems with the USB host control and the need that I haven't been able to actually get access to the device for a serial line or something and it has always been painful to get it to be built in cleanly enough so we must have worked but they have been integrated for hours and just combined with pie instead of actually relying on working so that wasn't a denying for me then there's cross computation I don't really mind then that much but we always have to make sure okay you have the tool chain around everything is set up correctly and now I need to go to the backseat but in the future it's not a problem I'm trying to resolve here another thing that I'm not even able to the whole process of getting the kernel to the embedded board back in for the booting the whole test cycle was slow I mean, these are the things I just copied over from SCP and these are the machines that most of the time you could go with NFS and KFC and the kernel and so on there are a lot of solutions for that and all this involves more time in what I will come on later which I will discuss configuration at the same time and there's always a bigger gap so that's the problem statement I was worried about that for a long time I still keep going with my solution but at some point I asked myself should we not look into something else so the real solution I was thinking about was a really small chip it's just a really simple one because I don't want to make it more complex than it already is and that would be just having exposing FDI so I can really hook up the wires from my procedures to make it easy to then connect it before you speak to ICNR or my network and so on so another thing that I looked around I found a lot of these kinds of solutions but they're always exposed to FDI in the USP or the USP or FDI there or just as in a USP human interface device or something that's really if you have a really specific use case and want to have like the the logic for your driver or the sensor you're reading from or whatever inside your application but what I wanted to do was to make sure that I can test the right and compact terminal so all what I needed to set this FDI master on driver is actually exposed inside the terminal and I can hook it up inside the terminal and then everything can be tested to work for it so that was the problem when I looked around first yeah another thing was that I really wanted to have a quick turnaround on testing here to start a chance on screwing up my own system building a terminal that comes from netnext and be building it on my main workstation that's not what I'd be able to do because it can really screw up your whatever, maybe even your files I mean normally they're done but the possibilities are great what I don't want to have again was like I want you to work in bed more I want you to wait for a situation not make money and so on so no user space library, no hidden facilities so I looked around looked for how to speak SPI relationships I was able to find but as I said I released a specific use case in line so the last one you can see here so if you have a use case and you go to the limits of SPI this should not be the best one because what I've read and seen so far it might not have the best SPI performance in general and you always have to think about that if you're bringing over a new speed new speed is getting pulled from the SPI port controller on the device so that all the power interlock can do everything as a latency and that might give you a worse bandwidth than you would normally have but at least for my specific use case I was able to and yeah it has SPI interface it has extra heat aerokines it had to be a share of the data sheet that's available because without it I'm not really having any intention to have it quite directly there must be shift development board normally you get a normal evaluation board from the manufacturer or something that's $17 or something it's fair for me to buy that and a bit more exposure to other people to use that or even buy a couple of them because you don't develop like this you can see that so then you quickly search devices and connect them over your SPI or something I want that something really cheap I find it also in Europe that's the military so looking at this I looked already in the e-deriver and it's having some kind of storage like an ether or something to store configuration so when I looked around I found like four devices there are more so at the time that's not a complete research topic yet but once I found what I was looking for I just stopped for some time so the MPP and through the panel there's public data sheets there's no main line driver there's messes to them because if I reset to that that means there is a vibe actually but it's not doing what I actually look for it's a vibe that's equivalent to the type of person can read a space device and where you see and then you can use it from who's page and talk to the SPI device but that's not the solution I was looking for but there was a lot of feedback but I couldn't do what I wanted to do I come to the data and there was really cheap development what I made in Europe so the other ones had all had problems in some regard and some cheap development at least I haven't been able to find one and I was not really doing another piece of Venusar and getting manufactured the FPDI sheets were supported there are sheets also there but getting this one in a situation where the driver would do what I wanted which has been more complicated because there was not a clean driver doing that and then there's something from Cyprus and they have really really cheap development what I think that was around like a few dollars or something but I haven't been able to find the data I haven't been able to find a clean driver anything so I really decided to not go because I would invest more of my own resources so I had to be saddened for the M2P-2010 or you mentioned that there was a sheet based on the data available I found a computer I was a bit hard for that and the one I was mostly working with so far is the one from the data centers who progressed quite well by now but certainly never made it to the main line what's the possibility because it's quite huge it's like around 9000 light years old and for such a simple device there's quite a bit of infrastructure on the editor so you have a mining structure this is in the phase ICDL in the phase there's like a lot of configuration options to make something like this which is like oh it's an SPI it was really flexible but I was making a really complex without any need for it so when I started looking at the sheet the first thing I realized is that the news column already detects if it's BID and tries to assign it to the USB human interface device which is probably because I don't want to use it so one thing you can do is having a unit to unbind the rival and make sure that it detects on your own the other thing you can do is drive into the e-gram from the ship your own product and vendor ID so that you can actually as you have one of these so you can find a project to offer you something and then you can go from there and because it's stored in e-gram it doesn't mean it's even there after research and everything so that is actually the solution but I haven't done that yet so what you need to do on the e-gram side in the normal USB probe and disconnect functions that get encoded and put into the device you need to make sure that you are setting up an SPI master device inside the system so the basic things basic steps you have to do is first you can go and locate the master master master struct and then you have to do this to the SPI sub system and once you have set all the things up you somehow need to let the system work on the SPI device because SPI is not a master probing mechanism or anything so you don't know what to catch it you have to let it come in order and there is the struct SPI board info for the structure that you need and then you have to call that you have some action of the non-ADS and then you can detect the device, load the device and try to do the program so that is the basic step that I have to do in the program but the configuration I mentioned already with the struct SPI board info there look for a really steady configuration where you say hey I'm not exactly what I have here I have the code, compile the driver and I'm done with that then it's okay to change things often but if you have to do a bit more scenario where you change the SPI chips on the you connect it to them or have generally no extra need for that you really are thinking about what kind of configuration you are going to do there so that is what I come to the next part in provisioning but then I mention here configuration what kind of configuration I want to do I sort of do in runtime or we only want to configure the chip during loading methods so the biggest part of the driver from that extent of that is already there is about talking to the device making it configurable during runtime and then you can fiddle all kinds of bits there and that makes it really really complex I mean that might be good for some of these cases but for myself it was really one of the things that getting me annoyed with girls who all don't understand it and it also is a good problem if you want to get the driver to mainline because if you start having your own system in the case or even introducing new ISDLs or something that will be part of the kernel or API and they are not really happy getting new ones if you have a really good one that's fine to do but I don't really have the reason for that so what I am aiming for here is to put all this out for now and we have only a compilation during compile although it changes out so for this reason I also start to mention that you need to have a way to get this information about the IP device to come so you have to know what to touch to them and make sure that the driver actually gets all this amazing the board control is a good start if you just want to get hooked up and get the driver development worthy so that's what I am doing right now and if you want to be more flexible if you want to re-compile when you are touching the device or something so normally happens on a bad board you have to know the device please on this SPI board this is I keep him on something you have this kind of device attached and this is something I think it should do in this project as well and most likely it will also store it in the e-bear on so the next time you are looking at the driver it's already configured everything because you need to find a way to write to the e-bear on and send the new DS over but I am also best successful if anybody has a better idea how to read it I am all obvious here but that would be my problem I am not there yet but I am going to be one of the things I want to do because I don't want to have the same amount of free because that would not really help me in my use there at all so as I said I am not one of those kind of problem because it is a lot of code that we don't actually need to have what we have right now so one of the things is to make it very more simpler so I started to remove some of the extra infrastructure as this person added that is already present in the current place there there have been a lot of checks for a lot of training because you are building against different chrono words and stuff like that so there are a lot of things to do I also started separately writing the driver for the initial task from the scratch to actually compare and continue to do that although it is dark and manual I haven't really made my mind out yet what operation I should do so the last item here is that I have these devices attached to my laptop or my workstation but I also want to have a really quick test on the development side so I use I won't forget for a while this USB test room but I always have the annoying parts that I feel I have to or need to ask for this image you have to make sure that all the tools are installed it is sometimes annoying to get all the things things up so at some point I started to overwork me because really a nice selection of some highly pricey scripts that do nothing else besides going wrapping to your own KVM and make sure that you can't get to the boot that compiles your laptop that is sitting on your disk and then you can hear a normal load system and read out a note and you can boot up the thing and that really will happen to me a lot so to work for I have to do it. I said I build the laptop and on my own just for the ease of it that has that 2K image then I give the okay so I say my home directory will take that one as a root I take the user image give it to them and just for my specific use case I give it to the USB product and vendor ID from the host and then the whole USB has to get into KVM and the guy will get into KVM and you can use the whole device as the boot gets as your machine so when I decide for a board I decide for the testing part of the software so I decide for actually a board to board it see how deep do I want this to take me to the board and by now I'm in the process of opening up my own receivers and getting them detected so they get detected but I'm not done yet in having it all set up in terms of getting the IRQ moving correctly and having it really exposed to my software and that is what I'm working on I hope of that I would be finished by now but it depends so the next step would be a simplified driver then I need to think about more about the provision and solution and talk about and the next thing is the last thing would be to get it on right? so I put it in from my side I only have 15 minutes left so thanks to all of us and pleasure coming up I actually did something like that you use that but that wasn't enough to design for example the controller and the other all sitting together I designed a new key so I did that but I didn't want to go the whole way designing the board, setting it all up and making sure for that so I could have done that way but I really wanted something not the shadow that I can just create so that's the main solution because the investment of time resources has to be as much as possible so that takes me a long time to get it all set up and then you have to find a way to sell it to people but we are here with you all for the question and the rest


I'm willing to bet that some of you have received or know someone who's received one of those scam emails, right? Maybe it was a Nigerian prince who wanted to share his inheritance with you, or maybe it was some shady guy who wanted you to invest in his gold business. I know people who have fallen for these types of scams, and I always said that if I ever got one of these messages that I was going to teach that scammer a lesson. Well, one day, while I was on Facebook, my wish came true. Hello, sir. Well my name is Joel from Liberia, West Africa. Please I beg you in name of God, I need some assistance from you. Business or financial assistance that will help empower me please. Now most people would ignore or block this message, but I wanted to know what he had up his sleeve. So I did what most people would never do. I responded, and I said, hello, Joel. How can I help? And Joel said, well, I want for us to get into some business. If you can send some used laptop computers, printers, PA sets, and other electronic devices, and let them be modern electronics, not outdated so they can be sold faster. And I just thought, here we go. This guy is going to try to get me to send him some fancy electronics and then never talk to me again. Because this happens all the time, right? I wasn't following for it. But I wanted to know how far this guy was willing to go. So I responded again. I said, Joel, I would like to talk to you about a different business opportunity, no, if you're interested. And he said, by the grace of God, anything that will help me progress and move forward, I'm interested. So the tables had turned, and I was about to send Joel on a wild goose chase.  So I made up a lie. I said, I work in the photography business. I collect photography from all over the world. If you're able to take pictures of Liberia, I will compensate you for the ones that I like. And Joel said, well, it can only be done with advanced phone and good digital camera, which I don't have, but it costs about $125 at D studio. And I just thought, here we go again. Joel doesn't want to work. He just wants money or electronics. But he wasn't getting off that easy. So I said to him, Joel, the best photographers can take great pictures with any camera, even a phone will do. And so I went on to tell Joel that I wanted a picture of a sunset. You know, a beautiful African sunset. I asked him to send that to me. Joel said, by the grace of God, I'll send the pictures to you between now and tomorrow. Let me show you what Joel sent me. Well, Joel was right about one thing. He was going to need a better camera. So I finally gave in and I bought Joel a camera. Cost me $25 on Amazon. I figured it's a lot better than what he had. And I actually had it shipped all the way to Liberia. And I told Joel to give it another go. And somehow, someway, that little camera made its way all the way to Joel's village in Liberia. And I told Joel that I wanted to see what life was like in his country. I wanted to experience his country through his eyes. I wanted to see the culture, the scenery, everything. Well, a couple of days later, I got an email from Joel. Let me show you some of the pictures. Here's another one. At this point, I learned something. The camera was not the problem. It was the guy operating it. But Joel was getting really excited at this point. He was saying things like, I'm ready to commit and devote myself to this business. And I was like, Joel, we got to work on your photography. And so over the course of a summer, I was teaching Joel about the basics of photography. I would send him examples of professional work. I was teaching him about lighting and composition and the rule of thirds. Everything that a good photographer should know. And would you believe that his picture started to look better and better and better? I mean, some of these pictures are just stunning. But at this point, I realized something. I'd gotten myself into a bit of a predicament. Because Joel had done what I asked. And if I didn't pay up, if I didn't compensate him for what I told him to do, then I was going to be the scammer that I accused him of being. So I thought, OK, how am I going to get out of this? How am I going to fix this? How am I going to make sure that I'm not out more money than I already am? But then it hit me. What if I could sell Joel's pictures? I could take his very best pictures and I could put them into a book. And then maybe, just maybe, I could convince some people to buy it. And so that's what I did. I put together a little booklet. I just had to think of a really great name for the title. Bity Grace of God. A photographic journey through Liberia. And you know, I thought I'd be lucky if I could get a few friends and family members to buy the book. I mean, I just needed enough to pay for the printing and compensate Joel and I could be done with this whole thing. So I went on to YouTube and I started to tell Joel's story. And there's no way that I could have guessed what was going to happen next. We were selling hundreds of copies of Joel's book. People from all over the world were supporting Joel and buying his book. And initially we had made $1,000. And our agreement was that we would split the profits 50-50. So $500 for me, $500 for Joel. But then I started to read about Liberia and I learned that the average person in that country lives off of $500 a year. Think about that. I knew I couldn't keep my share. So I told Joel that I would be giving him my share if he promised to give it to charity. I asked him to find some people in Liberia who were in the most need of help and give it to them. Joel responded that he would, but this was gonna be a big leap of faith for me because could I trust an impoverished hustler like Joel to do the right thing?  But I decided to move forward and I withdrew $1,000 cash and I took it to my local Western Union teller. I wish you could have seen the look on that teller's face when I said that I wanted to wire $1,000 to a guy named Joel in Liberia. I honestly didn't think that I'd ever hear from Joel again. I thought he was gonna take the money and run. But a week later I got an email from him and I wanna show you some of the pictures that came with it. Joel single-handedly provided school supplies for kids in five local schools. Book bags and notebooks, look at their faces. I love this picture of Joel with a crown inadvertently over his head. Turns out that he was more of a saint than a scammer. After I started sharing this story, I was getting the most heartfelt messages from people all around the world saying how touched they were. They mentioned how Joel inspired them to look at people differently. There was this restaurant owner in Australia who put out a tip jar to raise money for kids in Liberia. Every couple of weeks he would take the money and he would wire it to me and I would wire it to Joel. I had a professional photographer who contacted me and they said, you know, I think that Joel could probably use a better camera. This guy in little war-torn Liberia had no idea that he was inspiring millions of people all around the world and I just knew that deep inside, this was a guy that I needed to meet. A year ago Joel was behind on his loans and he was struggling to provide for his family. Now he was not only supporting himself and his loved ones but his community as well. He turned what was a moment of desperation to an opportunity that helped the people around him. Today we continue to raise money for schools and orphanages in Liberia and we also invest in other entrepreneurs like Joel with the goal of helping the Liberian people become self-sustainable. This month we're installing water filtration units in 29 different villages across Liberia. These will provide access to clean water for thousands and help children learn the proper way to filter water. Joel tells me that the opportunity to be charitable might just be the best thing to come from all this. And me and Joel wanted to make sure that the people knew exactly what made this all possible. I started this journey convinced that I was dealing with an internet scammer and in my attempt to teach Joel a lesson, he taught me one instead. When you give someone a chance, sometimes they might surprise you. When you look for the good in people you'll learn that they're not so different from you. You know I think that this story shows how prayer works. What Joel really wanted and what he earnestly prayed for was money and instead what he got was a cheap camera. But with that camera he was able to inspire hope in millions of people and change his family's life. Sometimes I think that instead of giving you what you want God will give you a cheap camera and he'll expect you to figure out the rest and the journey you'll then take will make all the difference. God will answer prayers but sometimes he'll need you to be that answer. My message today is that you should be that answer. On days when I can't find God and it doesn't seem like he hears me or cares about what's going on in my life, I return to a situation a year ago when I know that he thought enough of me to send me a request for help. So take a chance on people. You'll find something in your own life that you didn't even know was missing. Thank you.


What's up? What's up? Salutations? Hope you're doing well. Do you think it was just a show from Iran's part? Some people say Israel in the US was informed by Iran beforehand. I think so too. Yeah, yeah, for sure. There's no doubt Iran told giving the prince. It's already come out that Iran told Saudi Arabia and EAU. And EAU, I believe EAU, they told the United States what Iran was going to do. Well, I'm surprised on them. Everyone's pretty sure now that Iran had already told the United States what they were going to do. And what they did really, Iran's reaction was very similar to the reaction they had to Trump assassinating Soleimani in Iraq. And Iraq in general, some innocent people bystanders, bystanders that were there. So Trump assassinated Soleimani and other Iranian and Iraqi citizens, right? And Iran retaliated by sending missiles direct pinpoint accuracy on US military sites in basis in Iraq, right? But they already gave the United States a heads up saying, look motherfuckers, we need to retaliate. We're going to hit your basis. Pull your people out if you don't want them dead, right? And the United States pulled them out and Iran hit them. Iran did the same thing, right? And this shows the morality, the humanity between the leaders of Iran and the leaders of Israel, right? Israel has murdered, committing genocide in Gaza, has murdered innocent people up the yin and yang By most counts, it's around 13,000 to 15,000 children killed in the last six months, right? In Gaza Strip.     Some of these people, they say, oh, the best place to hit them is to hit their home when they go home so you can kill their whole families, right? Now, just on that note, I should have cued this up because I want to read you this. This is an article that I wrote, okay? This is an article that I wrote. This is probably the first in-depth article that I wrote when I started blogging, okay? This is extremely important. Extremely important, okay? Let me find it for you. This article literally took me three months to write, and it was the first article I published on my first site ever online when I was blogging, and it was published in 2006, okay? It's called... I'm going to link it up. Let me link it up to... Here is... Apologies if I'm not reading the chat again. That's on what do you call it? SensorTube. Here it is. Oops. Let me do this. Here it is on rumble. And those of you who've been around, I've linked this up before, but I'll link it up for you guys again. The title of this article is called Anomalies, Prisons, and Geophysics. How governments use data and how to stop them, okay? Now, you can read through this article. It's basically about data collection, centralization of data and stuff like this and what governments will end up doing with this data, right? Which is basically murdering people, killing people and stuff like this. I'm going to read you the one, two, three, the fourth paragraph, okay? The fourth paragraph, okay? Remember, I wrote this in 2006, 18 years ago, right? Quote, it should also be understood that anyone involved in a geophysical investigation from the data collector to the interpreter can create anomalies anywhere at any time, either deliberately or erroneously. It is relatively easy to change certain parameters to obtain anomalies that are desired. The isolation and or extermination of any number, such as 2 or negative 5 or 600, can be achieved by running filters through a data set. In most cases, to compensate for any errors in data collection and to assure that the desired number is isolated, the number will be flanked. For example, to isolate the number 2, any number between 1.5 and 2.4 will be flagged. This will ensure that any number that might be confused as a 2 or has the possibility of becoming a 2 will be removed from the community. Okay, and then I go on and I explain a few other things and stuff like this. This is what Israel did with their so-called AI program. They murdered, they wanted the number 2 and they said, we're willing to kill anyone from negative 5 to 9, right? That's their collateral murder. That's what Israel does, right? That's their moral level understanding, that's their humanity, right? Iran didn't kill anyone while sending hundreds of drones and missiles to Israel and hit them only on military bases, gave them a heads up.  Not as hard as we can, we're just gonna slap you around. Bitch-slap you, really. That's what Iran did to Israel.   Now, you don't have to think that Iran is a good guys or Israel is a good guys or Iran is a bad guy or Israel is a bad guy. We're just talking about moral level, moral standing and how the global majority sees this.  That's the difference between Iran and Israel. That's the difference between the global majority which is backing Iran and the Western Zionist-controlled governments that are complicit supplying Israel with tech, with funds, with weapons to commit genocide and murder tens of thousands of innocent people. You decide.


Thank you for joining me today. Do you see what I see? In this picture, I see an elephant, but not all people can. I'd like to introduce Micro Shades in our package for improving color accessibility in organization of complex data. Our motivation for this project was to create a color palette that's accessible to individuals that experience color vision deficiency, otherwise known as CVD or color blindness. CVD impacts roughly 300 million people worldwide, which is comparable to the current US population. CVD refers to partial but not complete color blindness and a diminished ability to distinguish between certain colors. There's three different types of CVD. Deuteranope is the most common and also known as red-green color blindness. Protanope is less common than deuteranope and described as a mutated red pigment with less ability to discriminate between colors. Tritanope is relatively rare and also known as blue-yellow color blindness. There are several CVD accessible color palettes available, one of which is the Kabaido color palette demonstrated here. As you can see, when run in different CVD simulations, this palette is universally CVD friendly. This is great, however, this palette and many others are only limited to eight colors, which is not sufficient for visualizing complex data. Our solution was to develop an R package that incorporates shading to expand on the number of colors that are CVD accessible. Our lab also works with complex microbiome data, so we wanted to make sure that we could use these colors with our data and created functions that would additionally aid in data organization. We developed two micro shade palettes, however, for the purpose of this talk, I will focus on the universally CVD palettes. This palette includes six base colors with different shading to result in a total of 30 colors. This slide here shows the micro shades CVD palettes under each type of CVD simulation. The colors are distinct and therefore universally accessible. Micro shades palettes can easily be accessed with their package and applied to any data plot. In this example, we're using the MPG data set available in R. This plot examines cars of fuel efficiency in terms of miles per gallon. The points on this plot represent a car with a particular type of drivetrain and cylinder engine. This first plot uses default coloring that's available in GG plot and provides no meaningful order to the coloring. This next plot uses the micro shades color in organization, each drivetrain is a different color and the number of cylinder engine is represented by a shade of that parent color. With this color organization, we're more easily able to see that front wheel drive vehicles tend to have the highest city and highway miles per gallon. Additionally, cars with fewer cylinders tend to have the most fuel efficiency. This color organization not only is accessible to all but additionally helpful in noticing these trends. Another example of micro shades in action is with this microbiome data example. This plot shows a relative abundance of different bacteria which are represented as colors in the samples which are represented as columns. This plot uses a default GG plot color scheme. This next plot shows the same data but with the accessible micro shade CBD pallets. The colors are organized and better represent the phylo genus classification of bacteria and a benefit can be seen when looking at this specific group of firm acutes that are circled here. You can see that the CBD colors improve the ability to distinguish these bacteria from each other in this plot. This last plot uses the micro shades accessible color pallets and also the organization functions. So the layout of the data further improves visibility of trends. Micro shades was also used to generate this custom legend that further shows the organization of the data. Thank you for joining my presentation. As you can see, there's many benefits of using micro shades. Please visit our website to learn how you can use micro shades with your own data.


This is Whelan and let's have a look at the dividend stop loss rules in the Income Tax Act, Canada. Before we actually look at what those rules do, we need to first understand the problem that those rules are meant to address, at least the problem in the eyes of CRA or the federal government. So let's say we have a Canadian corporation that we'll call CAN Corp. 1. CAN Corp. 1 decides to buy some of the shares of another Canadian corporation called CAN Corp. 2. And they buy those shares either just before on the dividend record date for CAN Corp. 2. So what that does is that it entitles CAN Corp. 1 to receive a payment of dividends from CAN Corp. 2. So those CAN Corp. 2 shares are bought for $20 per share. And then very soon CAN Corp. 2 pays a $3 dividend to CAN Corp. 1. And that's $3 per share. That payment of the $3 dividend causes the value of CAN Corp. 2 shares to drop by $3 down to $17 per share. CAN Corp. 1 then sells those CAN Corp. 2 shares for the market value of $17 per share. So the tax effects for CAN Corp. 1 are twofold. First, the dividend of $3 received by CAN Corp. 1 from CAN Corp. 2 is tax-free for CAN Corp. 1. Because any inter-corporate dividend paid between two Canadian corporations is done on a tax-free basis. The second tax effect for CAN Corp. 1 is that the sale of CAN Corp. 2 shares will trigger a capital loss of $3 per share. So what CAN Corp. 1 has done is that it has created a $3 capital loss without economically losing $3. CAN Corp. 1 still has $20. It has the $17 that it got from selling CAN Corp. 2 shares and the $3 dividend. But now on top of that it has a capital loss of $3 per share which it can use to offset any other capital gains that it might have. The federal government's response to that problem was to create the dividend stop-loss rules. So what those rules do is to reduce that capital loss by the amount of the dividends. And that rule applies if one of two conditions is present. The first is that the shares are held for less than one year. Or the corporate taxpayer in our example that would be CAN Corp. 1 owns more than 5% of the dividend paying shares of the other corporation.