Monday morning news drop
Climate Scientists Reach ‘Unequivocal’ Consensus on Human-Made Warming in Landmark Report The first major assessment from the UN-backed Intergovernmental Panel on Climate Change in nearly a decade sees no end to rising temperatures before 2050. (Green)
Going for Broke in Cryptoland It’s hard to think of another financial craze in which so many people poured so much into entities with so little intrinsic value. Few hype coins have any utility as currency. Good luck buying lunch with one. Many are minted in numbers rarely seen outside astronomy books — trillions, quadrillions — which dooms them to vanishingly tiny prices. Some hype coins mint instant millionaires. Others go bust. Why not take a chance? (New York Times)
‘Green Bitcoin Mining’: The Big Profits In Clean Crypto Bitcoin is infamous for wasting enough electricity to add 40 million tons of carbon dioxide to the atmosphere a year—but now, a growing cadre of U.S. miners are developing green, and lucrative, new strategies worth a fortune all their own. (Forbes)
Simple Explanations For Complex Topics. One of the biggest residential real estate brands in the world is getting hammered in the midst of one of the biggest housing booms we’ve ever seen? What gives? I posed this question on Twitter this past week… (Wealth of Common Sense)
The Pandemic Business Boom COVID-19 killed countless businesses. Surprisingly, it also launched a whole bunch of new ones. (The Atlantic)
The Big Money Behind the Big Lie Donald Trump’s attacks on democracy are being promoted by rich and powerful conservative groups that are determined to win at all costs. (New Yorker)
What’s Rarer Than Gold? Making It Onto A Wheaties Box. The Wheaties box endures as a symbol of athletic achievement for the same reason it continues to be a successful marketing strategy for the brand: Wheaties has been doing this for a very long time, and it has been incredibly discerning in who graces its cardboard. If 100 athletes were on the box every year, it wouldn’t be nearly as prestigious. (FiveThirtyEight)
Lil Nas X, DaBaby and the question of homophobia in hip hop Lil Nas X is challenging what it means to be a hip-hop star — but was he really the first? (CBC)
How Dua Lipa Shut Down the Trolls and Conquered International Pop Before she rocketed into the pop stratosphere, before she delivered a record of club catharsis to a world stuck dancing in its bedroom, before she broke the billion-stream barrier, before the Grammys…Dua Lipa had to learn to believe in her own powers. (Vanity Fair)
All 24 medals Canada won at the Tokyo 2020 Olympics in 4 minutes