Podcasting Addiction
Daily Ramble
I’ve become a podcast junkie since I started listening on my 5-month road trip around the United States in 2012. My ears got tired of music, as much as it pains me to admit it. In 2017, AirPods took my podcasting addiction to a whole new level — I could now use two hands freely while keeping my mind occupied.
AirPods seems to have unleashed podcasting on the busy world. It’s a trend I wholeheartedly embrace since it pulls our faces out of screens forcing our minds to visualize topics. Much healthier. And there’s at least the semblance of physical connection created through the medium — sound moves tiny hairs in the ear as opposed to watching something since light entering our eyes doesn’t create a movement. That’s why there’s a one-way intimacy that develops between the listener and the podcaster. After enough hours of listening, I genuinely get the sense that I know the podcast hosts. Weird, but true. And I know I’m not alone. For those of us shuttling daily between real life and internet reality, podcasting helps keep the gaps a bit more human. Am I right?
Favorite Thing on the Interwebs Today
Learning this fact from a recent Tim Ferris podcast:
A million seconds is 11 days. One billion seconds is 31 years.
🤯
Bitcoin Price Update
Yesterday’s price range prediction: $18k - $22k
Today’s predicted price range: $17.2-$19.3k
Yesterday, the bulls made a halfhearted attempt to break higher only to be rejected by the bears. At the moment, the bears seem to be in control with the most likely route being further downside into tomorrow. It’s unlikely that we would see the bottom of the range broken near the $17k handle in the next 24 hours, but it may be tested if fear grips the market. We look set to start a prolonged consolidation range, which though dull, will allow the market to psychologically adjust to pricing above $15k being the new normal.
Bitcoin Ed Bite
We’re building up towards an explanation of mining. Now that we have a bit of cryptographic history under our belts, let’s talk about a critical piece of cryptography used in Bitcoin: hashing.
Hashing? Hashing is a cryptographic tool where Information comes in and a Unique Value is produced. Information comes in —> hashing is done —> Unique Value is produced. It only works in one direction. Working backward from the value, it is not possible to determine the original information. The output of a hashing function is like a fingerprint — a unique identifier for each human being. We’ll explore the importance of hashing tomorrow.
Thanks for reading,
Kent
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