Harvest
Daily Ramble
I’m back to my late-night Ramble, which is likely the early hours of tomorrow before I get this out. It’s truly incredible to me all the little things that have to be sorted out to uproot and move our family for a year. Living out of a backpack was so much easier. Sigh.
Enough with the whinging on my part. The joy of adventure is just around the corner. So much so that it took my wife pointing out to me today that we live in a spectacular location. It's hard not to notice this time of year in Sintra — though I had in all my busyness. Late August turns into hot days followed by the breath of fall creeping into the cooling nights. It’s just enough of a hint of fall to have me thinking about cranberry harvest season. This year will be the first in four years that I get to share in the labor of harvesting cranberries on the family farm I was raised.
A lot has changed in those four years — marriage, child, and a new career — but the routine of harvesting with my father doesn’t seem to change much from my first time helping at age 5. This time, I get to introduce my 3-year-old and wife to the experience. I pinch myself thinking what luck we have to gather three generations to harvest our cranberry farm. There’s something about working hand-in-hand with one another in a process that’s been taking place on our farm since the 1940s that evokes a sense of timelessness. It harkens to the ancestors who came before us, working the land and providing food for themselves and their community to allow future generations to rise.
Before you go thinking this is all peaches and cream talk, know that there is always a fair amount of discomfort involved in the process. If it’s not wet boots, sore muscles, or a rainstorm drowning out the conversation, then there’s surely a fair bit of cursing at one another for not being telepathic and zigging when the other thought you were zagging. So it goes. The wet boots dry, the sore muscles get stronger, the rain stops, and the apologies are accepted over home-cooked meals fueling the escapades—the cycle of life in a nutshell.
And if we’re lucky, we’ll even get a few breaks to forage for some wild mushrooms popping or snag a stray salmon that swims up the nearby river. Yep, it’ll be a good time to be in Oregon with family; pandemic be buggered.
Awe-Inspiring Things on the Interweb
How?!1
Bitcoin Price Prediction
Yesterday: $47.2k - $49.8k
Today: $47.1k - $49.8k
Tomorrow: $44k - $51k
The dip I anticipated yesterday has almost played itself out, dropping as low as $46.9k in the process. If Bitcoin can close the day over $49.3k, which happens in the next two hours, then I’d feel more confident saying the dip is over and we’re heading up to $51k. But, if the price can’t muster it, there’s still a solid chance that we drop down into the $44k region. That leaves tomorrow’s prediction a bit wide while the bulls and bears duke it out at the critical $49k zone.
Bitcoin Q & A
Q: How much is the GDP of El Salvador expected to increase by using Bitcoin’s Lightning Network for remittances instead of Western Union?
A: As much as $900M.
In 2020, El Salvador had a GDP of $25.6B, of which $5.9B came via remittances — payments sent from abroad. Typical costs for sending remittances via Western Union are 15% on a $500 payment. That means there’s potentially as much as $885M in GDP that can be realized by El Salvador’s 6.4M people, which works out to $137 per person. That amounts to a 3.4% rise in the average $4000 income.
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Thanks to Adam R for sharing!