-Real-Estate Frenzy Overwhelms Small-Town America: ‘I Came Home Crying’ — I am not a real estate expert, but reading this and looking at the prices and sales in my neighborhood I would say this does look like bubble territory. Now good news is that there doesn’t seem to be much stupid lending going on.
-Cryptocurrency Has Yet to Make the World a Better Place — it is not only about making the world better, more importantly it is about delivering on the promises it set out to deliver:
“…an innovation that was supposed to displace the dollar as a medium of exchange has proved largely useless for buying legal things yet frighteningly effective at facilitating extortion. … Cryptocurrencies are supposed to be a hedge against inflation because issuance is usually restricted. But that’s only true of an individual currency. As an asset class, cryptocurrency inflation is rampant: There are now more than 5,000 coins. Gold never faced competition from dozens of new precious metals hitting the market each month. Gold became a store of value because through most of history it was also a medium of exchange: Coins were once minted from it, and paper money was long backed by it. If crypto never finds acceptance as a medium of exchange, its usefulness as a store of value is also in doubt.”
-Why Is This Geopolitical Fight Different From All Other Fights? — to me a country can’t be defined by a religion. If a country defines itself by a single religion, it is by default a religiously racist state, since religion is a personal believe. And separating country from religion allows to criticize Israel without being anti Semitic (something that should be possible, since no government, no country is without fault).
-CNA Financial Paid $40 Million in Ransom After March Cyberattack — this will mean ransom attacks will become quite normal
