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Bitcoin
Bitcoin is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: transaction management and money issuance are carried out collectively by the network. The original Bitcoin software by Satoshi Nakamoto was released under the MIT license. Most client software, derived or "from scratch", also use open source licensing. Bitcoin is the first successful implementation of a distributed crypto-currency, described in part in 1998 by Wei Dai on the cypherpunks mailing list. Building upon the notion that money is any object, or any sort of record, accepted as payment for goods and services and repayment of debts in a given country or socio-economic context, Bitcoin is designed around the idea of using cryptography to control the creation and transfer of money, rather than relying on central authorities. Bitcoins have all the desirable properties of a money-like good. They are portable, durable, divisible, recognizable, fungible, scarce and difficult to counterfeit.
Why?
Bitcoin is P2P electronic cash that is valuable over legacy systems because of the monetary autonomy it brings to its users. Bitcoin seeks to address the root problem with conventional currency: all the trust that's required to make it work -- Not that justified trust is a bad thing, but trust makes systems brittle, opaque, and costly to operate. Trust failures result in systemic collapses, trust curation creates inequality and monopoly lock-in, and naturally arising trust choke-points can be abused to deny access to due process. Through the use of cryptographic proof, decentralized networks and open source software Bitcoin minimizes and replaces these trust costs. Bitcoin Transactions are: Permissionless and borderless. The software can be installed by anybody worldwide. Do not require any ID to use. Making it suitable for the unbanked, the privacy-conscious, computers or people in areas with underdeveloped financial infrastructure. Are censorship-resistant. Nobody is able to block or freeze a transaction of any amount. Irreversible once settled, like cash. (but consumer protection is still possible.) Fast. Transactions are broadcasted in seconds and can become irreversible within an hour. Online and available 24 hours a day, 365 days per year. Bitcoin can also be a store of value, some have said it is a "swiss bank account in your pocket". Stored Bitcoins: Cannot be printed or debased. Only 21 million bitcoins will ever exist. Have no storage costs. They take up no physical space regardless of amount. Are easy to protect and hide. Can be stored encrypted on a hard disk or paper backup. Are in your direct possession with no counterparty risk. If you keep the private key of a bitcoin secret and the transaction has enough confirmations, then nobody can take them from you no matter for what reason, no matter how good the excuse, no matter what.

despacito

zumba danc3

PH economy grows 6.9%

The Philippine economy as measured by the gross domestic product (GDP) grew at a faster-than-expected 6.9 percent in the third quarter, making it one of Asia’s fastest growing.

Socioeconomic Planning Secretary Ernesto Pernia said the GDP expansion was a “spectacular growth rate after an election year.” GDP is the total value of goods produced and services rendered in a given period.

The year-on-year growth, which outpaced China’s 6.8 percent but trailed Vietnam’s 7.5 percent in the same period, was driven by strong industrial and services output, the National Statistics Office said on Thursday.

The growth in the July-September quarter surpassed a market consensus forecast of 6.6 percent and was an improvement on 6.7 percent growth in April-June.

It was, however, slightly lower than the 7.1 percent growth in July-September last year, just after the May elections.

As a result of the better-than-expected growth, the peso strengthened to 50.9:$1 on Thursday from 51.04:$1 on Wednesday.

Overall, “we attribute the country’s growth performance to sustained strong growth in exports and improvements in public spending, which then boosted the manufacturing subsector and the services sector,” Pernia said in a media briefing.

Presidential spokesperson Harry Roque attributed the growth to the “stability” provided by the Duterte administration, which he said helped business in the country grow.

Full-year target

Pernia said the economy was on track to meet the government’s full-year growth target range of 6.5-7.5 percent, supported by higher state spending and improving exports and farm output.

President Duterte inherited a booming economy when he took office in May 2016. So far growth has remained on track, despite the country’s massive poverty, inequality and insurgencies.

On a per-sector basis, services contributed 4.2 percentage points; industry, 2.5 points; and agriculture, a mere 0.2 point.

In the third quarter, services grew 7.1 percent year-on-year, faster than that a year ago and a quarter ago.

Read more: http://newsinfo.inquirer.net/945714/ph-economy-grows-6-9#ixzz5074fv9PR

trumps visit in china

Trump’s Visit to China: More Business Deals Than Trade Pacts Image An auto parts factory in Huaibei, China. As Presidents Trump and Xi Jinping prepare to meet, some business leaders say there’s been little of the shuttle diplomacy that could lead to new trade agreements.CreditChinatopix, via Associated Press By Keith Bradsher and Ana Swanson Nov. 7, 2017 查看简体中文版查看繁體中文版 BEIJING — President Trump arrived in China on Wednesday backed by campaign-trail promises to get tough against the United States’ largest trading partner. He is accompanied by the chiefs of some of the most ambitious and influential American companies: Boeing, Goldman Sachs, Westinghouse Electric and Qualcomm, among others. The expected outcome? Not much, to the frustration of some American business executives. Mr. Trump’s meetings this week with Xi Jinping, China’s president, and other Chinese leaders come at a difficult time for both countries. Each has been consumed with domestic issues, from West Wing infighting and a special counsel investigation in Washington to a sensitive leadership transition in Beijing. The Trump administration in particular has been stretched thin on trade. It has been slow to fill important trade-related positions, because of distractions and the lengthy congressional confirmation process. The administration has been preoccupied with rewriting the North American Free Trade Agreement and a United States trade deal with South Korea. Trade has also been supplanted by North Korea as the most talked-about issue in Northeast Asia for President Trump, and an issue on which he wants Chinese cooperation, not confrontation. With the administration also trying to push tax policy changes through Congress, two top economic officials are not even joining the trip, but staying in Washington — Treasury Secretary Steven Mnuchin and Gary D. Cohn, the director of the National Economic Council.

yahoo articles

Yahoo! From Wikipedia, the free encyclopedia (Redirected from Yahoo) Jump to: navigation, search This article is about the web portal. For the search engine, see Yahoo! Search. For other uses, see Yahoo (disambiguation). For the remainder of the original company after the 2017 buyout, see Altaba. Yahoo! Yahoo! logo.svg Screenshot [show] Yahoo partial screenshot 2017.png Type of business Subsidiary Type of site Web portal Traded as NASDAQ: YHOO (1996–2017) [1] Founded January 1994; 23 years ago Headquarters Sunnyvale, California, U.S. Area served Worldwide Owner Verizon Founder(s) Jerry Yang David Filo Products Yahoo! News Yahoo! Mail Yahoo! Finance Yahoo! Sports Yahoo! Search Yahoo! Messenger Yahoo! Answers Tumblr Flickr See Yahoo products Revenue $1.31 billion [2] [3] Employees 8,500 (2016)[4] Parent Independent (1994–2017) Oath Inc. (2017–present) [5] Slogan(s) "Do you Yahoo?" Website yahoo.com Alexa rank Steady 6 (Global, November 2017)[6] Advertising Native Registration Optional Current status Active Yahoo! is a web services provider, wholly owned by Verizon Communications through Oath Inc.[7][8] and headquartered in Sunnyvale, California. The original Yahoo! company was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 2, 1995.[9][10] Yahoo was one of the pioneers of the early Internet era in the 1990s.[11] Marissa Mayer, a former Google executive, served as CEO and President of Yahoo until June 2017.[12] It was globally known for its Web portal, search engine Yahoo! Search, and related services, including Yahoo! Directory, Yahoo! Mail, Yahoo! News, Yahoo! Finance, Yahoo! Groups, Yahoo! Answers, advertising, online mapping, video sharing, fantasy sports, and its social media website. At its height it was one of the most popular sites in the United States.[13] According to third-party web analytics providers, Alexa and SimilarWeb, Yahoo! was the highest-read news and media website, with over 7 billion views per month, being the sixth most visited website globally in 2016.[6][14][15] According to news sources, roughly 700 million people visited Yahoo websites every month.[16][17] Yahoo itself claimed it attracted "more than half a billion consumers every month in more than 30 languages".[18] Once the most popular website in the U.S., Yahoo slowly started to decline since the late 2000s,[19] and in 2017, Verizon Communications acquired most of Yahoo's Internet business for $4.48 billion, excluding its stakes in Alibaba Group and Yahoo! Japan which were transferred to Yahoo's successor company