Monday, November 15, 2021

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Good morning and welcome to Monday.

  • ⏰🚀 Ready, Set, Go: Today’s newsletter takes an easy-breezy 4.98 minutes to read. (With the 360° view: +3.49 minutes.)

🍩 Daily Sprinkle

"You're braver than you believe, and stronger than you seem, and smarter than you think."

A.A. Milne (1882-1956)

👇📰 Quick Bits

🤫 The $70 Billion Question...

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🎁 Who is Satoshi Nakamoto ?

In this day and age, nearly everyone knows who invented bitcoin, but very little is known about the person (or persons) behind the pseudonym. That could all change this week, pending the results of a seemingly-mundane trial in Florida.

📜 Background: Two years after mining the first bitcoin in 2009, Satoshi Nakamoto – who never identified a location, nationality, or even a real name – disappeared off the face of the earth, only surfacing briefly in 2014 to refute media reports claiming to have discovered their identity.

  • What didn’t disappear was a wallet belonging to Nakamoto containing all of the bitcoins they mined during the early days of their invention – a cool 1.1 million coins worth more than $70 billion today. What’s more, the coins have been left untouched for roughly a decade.

⏩ Fast forward to today… This wallet brimming with bitcoins is now at the heart of a legal dispute in Florida:

  • The family of a deceased man named David Kleiman is suing his former business partner, a 51-year-old Aussie programmer named Craig Wright, claiming that together they were Satoshi Nakamoto – meaning the family is entitled to more than half a million bitcoins.
  • Both sides claim to have evidence that will show Wright is the creator of bitcoin, which they’ve promised to present in court this week. The dispute centers around whether or not Wright partnered with Kleiman on the project.

✋ Yes, but… This all might sound familiar to those of you who’ve been following crypto for a while. In May 2016, Wright publicly claimed to be Satoshi Nakomoto but walked it back after three days in the face of withering criticism.

📝 Bottom line: There’s only one piece of evidence that could conclusively prove the identity of Satoshi Nakamoto – the private key controlling their account with more than 1 million bitcoins.

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🎤 Record Companies: “I Knew You Were Trouble…”

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🎁 Usually we’d toss a story like this in “This Weekend in Sports & Entertainment” and call it a day, but, as Jake Gyllenhaal knows all too well, Taylor Swift is too powerful to be relegated to a bullet point.

🤔 What’s going on ?... After almost 10 years, Swift re-released her Red album at midnight E.T. on Thursday/Friday as part of a broader push to own the rights to her music.

Last November, Swift said on Twitter that her masters (the original recordings of songs and music videos) were twice sold to third parties without her knowledge or consent.

  • Big Machine, which had released all of Swift's albums, was sold in 2019 to music producer Scooter Braun, who Swift hates, for $300 million. Braun then flipped the masters for Swift's first six albums to a private equity firm for a rumored $450 million. She’s vowed to re-record her back catalog once contractually able; Red is number 2 of 6.

🔢 By the numbers (Taylor’s version)... After the album dropped, Spotify briefly crashed due to activity. When the day ended, Swift held the company record for:

  1. Most streamed album in a day (female) – Taylor’s version of Red was streamed nearly 91 million times the day it was released, breaking her own record from last year’s release of Folklore.
  2. The most streamed female artist on a single day – to the tune of more than 122.9 million streams on Friday alone.

This dominance extends to Apple Music, too – Taylor's version of her songs hold 3 of the top 10 slots of the most-played songs in the U.S.

🎶 Zoom out: Rerecording isn’t actually all that uncommon, but the size, scale, and seeming success of the Taylor’s Version project has the industry asking, “who’s next ?”

  • In recent agreements, Universal has been effectively doubling the amount of time contracts restrict an artist from rerecording their work, per the WSJ.

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🔥👖 Sponsored by unspun

“One of Best Inventions of 2021”

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  • Answer: unspun, which just made TIME’s list of the 100 Best Inventions of 2021.

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🗣👂 Dose of Discussion

🤝 The Glasgow Climate Pact

description of imageImage: Yves Herman/Reuters

🎁  More than 190 countries attending the COP26 climate conference in Glasgow, Scotland, signed off on a new climate change agreement on Saturday following two weeks of negotiations.

📝 Details, details: The new deal asks governments to further reduce their emissions targets by the end of next year to keep them in line with the 2015 Paris Climate Accords, which aimed to keep global warming well under 2º C (preferably 1.5º C) by the end of the century compared with pre-industrial temperatures.

  • It also calls for a “phase down” of coal and “inefficient” fossil fuel subsidies – marking the first time coal or fossil fuels have been mentioned – and sets new rules for trading carbon credits between countries (allowing governments to pay for their pollution by funding GHG-reducing projects in other nations).

✋ Yes, but… Much like previous agreements, the new climate deal has no enforcement mechanism, relying instead on the good faith of the world’s governments.

  • In key areas, it merely urges or requests nations to act rather than requiring them to do so, which leaders said reflects the difficulty of getting every country in the world to agree.
  • A UN report last month found many nations, including the U.S., aren’t on track to achieve previous emissions targets agreed to in the 2015 Paris Climate Accords.

👁️ Looking ahead… A handful of countries, including the U.S. and China, have already said they won’t update their climate plans for next year. “[We’re] stretching the limits right now,” said U.S. climate envoy John Kerry, referring to the current target of 50% reduced emissions by 2030.

See the 360 View

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🗓 This Weekend in Sports & Entertainment

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👨‍⚖️ “Knock if you’re with me”… Jon Gruden sued the NFL and its commissioner, Roger Goodell, on Friday. As we’ve previously covered, Gruden resigned this year following reports of his use of homophobic, racist, and misogynistic language in emails discovered as part of an ongoing NFL investigation into the Washington Football Team's work culture.

  • Gruden’s lawyers allege that of more than 650,000 emails gathered, only Gruden's were released, and the league held onto the emails for months and waited until the middle of the football season to release them.

🥳 #FinallyFreed… Britney Spears is officially free from her father’s conservatorship, ending a 13-year-long period where she had no control over her life and finances.

📺 Announce-aversary… Disney made a number of announcements for new Marvel, Star Wars, and Pixar content at its Disney Plus Day event, held on the two-year anniversary of the streaming platform's launch. See all of the announcements here.

⚽️ Qualify this… The U.S. beat Mexico 2-0 in World Cup qualifying play on Friday… and then rubbed it in.

🏈 Scoreboard... Read a recap of what happened this weekend in college football and the NFL.

🔥 The Hot Corner

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💬 Heard Through the Grapevine… "For every unemployed American in September, there were 1.4 openings," Bloomberg noted, as a record 4.4 million Americans quit their jobs in September according to new Labor Department data.

  • The ‘Great Resignation’ continues – roughly 6% of the entire U.S. workforce (8.7 million people) quit their jobs in August or September, and a record 34.5 million Americans have quit so far in 2021.

🔢 Stat of the Day: California gas prices hit $4.682 per gallon as of this morning, setting a new record for the state for a second day in a row.

📖 Worth a Read… Public transportation can save the world — if we let it.

🍩 DONUT Holes…

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  • ☝️ The Rockefeller Center tree arrived in NYC over the weekend, continuing a tradition dating back eight decades.
  • 3️⃣ Rule of Three: First GE. Now Toshiba and J&J. All three companies announced over the past week that they’ll split into two (J&J) or three (GE & Toshiba) independent publicly traded companies.
  • 🏨 The Trump Organization is selling the rights to its D.C. hotel for a reported $375 million, per the WSJ, who said the property will be rebranded and managed by Hilton’s Waldorf Astoria group.
  • ⚖️ The U.S. military failed to conduct an independent investigation into a previously-unpublicized 2019 drone strike in Baghuz, Syria, that killed 80 people — 16 confirmed ISIS militants and 64 civilians, including dozens of women and children, according to a NYT report published Saturday.
  • 💉 A federal appeals court upheld its decision to pause an order by President Joe Biden for companies with 100 workers or more to require COVID-19 vaccines. (From the Left | From the Right | See the 360° view)

+Clickbait (but actually worth it): U.S. Marshals have solved one of Cleveland's most notorious bank robberies 52 years after the fact.

🔭 The Week Ahead

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Monday: The Teamsters Union elects its first new president in over two decades as James P. Hoffa (son of Jimmy) steps down; China launches Beijing Stock Exchange; President Biden expected to sign infrastructure bill into law

Tuesday: U.S. publishes retail sales data for October

Wednesday: Education Support Professionals Day

Thursday: Sweetgreen makes its public debut on the NYSE; A Blood Moon lunar eclipse starts late at night and carries into...

Friday: Less than one week until Thanksgiving ! 🦃

🛸🌄📲 Calling from the Future…

🔬 Chronic Pain Explained

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🎁 Scientists are rewriting the book on chronic pain, thanks to new research into a set of nervous system cells called glia.

Chronic pain is not only one of America’s most costly medical problems – affecting one in every five U.S. adults – but also one of the most mysterious.

  • For years, researchers have been unable to find its root cause, but a new (or rather, really old) discovery may provide an answer based on hard science.

📅 A brief timeline: When first discovered in the mid-1800s, scientists thought glia – from the Greek word for glue – were simply connective tissue holding neurons together.

  • They were later rebranded as the nervous system’s janitorial staff after researchers discovered that glia feed neurons, clean up their waste, and remove their dead.
  • In the 1990s, glia were likened to secretarial staff when it was found they also help neurons communicate.
  • Following an additional 20 years of research, scientists now believe glia don’t just support and respond to neural activity such as pain signals – they often direct it.

👁️ Looking ahead… There are still a few steps left before scientists can use that knowledge to treat chronic pain – for one, they still need to identify easily detectable biomarkers that show glia are causing pain.

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🤗 Daily Dose of Positve

🦘🏠Roo on a Roof

description of imageImage: Paws, Hoofs, Claws Facebook group

Australian officials were baffled last week when they showed up to an unusual rescue mission: a kangaroo stranded on the roof of a home.

  • As soon as they climbed up on the roof to rescue the animal, it hopped down by itself and quickly scurried off into the surrounding wilderness.

🤔 So many questions: How did the kangaroo get on the roof to begin with ? Why did it wait so long to hop back down ? Did it somehow learn the trick from this goofy pup ?

  • “We still don’t know,” said one official. “It’s a mystery… it’s not something you see every day.”

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💡 Dose of Knowledge

🍿 Monday at the Movies

Below you’ll find four different quotes from four iconic movies. Your task ? Match each quote with the famous movie it’s from (bonus points if you can name the actor/actress delivering the line).

A) “YOU CAN’T HANDLE THE TRUTH"
B) “No, I am your father”
C) "A million dollars isn't cool. You know what's cool ? A billion dollars."
D) "You had me at hello."

(keep scrolling for the answer)

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💡 Dose of Knowledge Answer

A) A Few Good Men (1992), delivered by Jack Nicholson.

B) The Empire Strikes Back (Star Wars Episode V; 1980), delivered by James Earl Jones.

C) The Social Network (2010). This was one a little trickier, the line was delivered by a combo of Justin Timberlake and Andrew Garfield.

D) Jerry Maguire (1996), delivered by Renée Zellweger.

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