All posts by marcel

Gifts for Economists, Financiers and Accountants

Gifts for Economists, Financiers and Accountants 2019

Here is a collection of items related to economics and finance for all tastes and budgets. From t-shirts to kitsch objects, we’ll find all kinds of gift for economists, financiers and accountants. Just click on the description for further details. Updated 2019-2020.

Well, as they say, a picture is worth a thousand words, so, without further ado, let’s have a look.

T-shirts for economists, accountants and financiers

Bull and bear Stock exchange

Coins

Banknotes

Piggy banks / Money boxes

Cufflinks

Fun Toilet tissue

Fridge Magnets

Watches

Mugs

Wallpapers

Badges

Rings

Monopoli

Settlers of Catan

Freaky objects

This post will be regularly updated with new gifts and curious objects.

P2P Governance: Blockchain as a Commons

How could a P2P Economy save the Planet?

I attended a conference given by Michel Bauwens yesterday in Barcelona that really went above and beyond my expectations and, to my astonishment, it made me see things through a different and hopeful prism.

Earlier on Financial Translation I wrote about the blockchain and even tackled some very alternative tools for organsing economy (see Wörgl, the miracle of a local currency) or Fuller’s World Game (see If we ruled the world), but yesterday Michael Bauwens took it up a notch.

Michael Bauwens, the founder and director of the P2P Foundation, is a top figure in the field of P2P economies and the commons movement. He presented his last P2P Foundation report “Towards a P2P Infrastructure for a Socially-Just Circular Society” . It explains how using shared perma-circular supply chains, post blockchain distributed ledgers, protocol cooperatives, and other forms of post-capitalist accounting, could save the planet.

Michel Bauwens P2P Economy Barcelona Meetup

Whether you are a fan of neoliberalism or not, and regardless of ethical and moral considerations, at this point, one thing that few people seem to doubt is that, at the current rate of growth, this system will end up depleting our natural resources and threatening our very existence. As we all know, the logic behind neoliberal capitalism is continuous growth. It just can’t stop growing. It’s like a shark: It has to constantly move forward or it dies. In a world of limited resources, it is sentencing human beings —and along with us many other species— to extinction. So it is not a question of ideologies or ethics, it has become an issue of sheer survival.

Since the fall of the soviet bloc, there has been no alternative to predatory ‘capitalism’ (which nowadays is not even capitalism, but an oligarchy exercising economic, social, and political influence out of all proportion). When you look at it, the paradox is that real capitalism was against oligarchic economies, and liberal countries were the ones with more antitrust laws to ensure free competition… That being said, what if ‘capitalism’ , ‘communism’ or any of their hybrids weren’t the only systems under which human societies could be organised? Ever since slavery, including feudalism, communism and capitalism, power has always been centralised. Even under communism, power was centralised in a single political party. Not surprisingly, it has been the source of corruption, plundering of natural resources, abuse and misuse of power, destruction of the environment, inneficiency, inequity, modern slavery, injustice and grievance…

The point is that maybe there is a decentralised way of organizing human societies in an era when states are losing legitimacy and becoming obsolete. It is hard to conceive because we have been born and raised imbued with the logic and spirit of market economy, as if we were born in a Matrix where we can’t even figure out other alternative realities to the old-fashioned post-liberal states. Michael Bawens is not himself an anarchist. He still believes there’s a need for a state and an administration, but a very different one in nature, a P2P state, a commons economy based on decentralised technology —most probably the Blockchain.

So if you want to think ouside the box, beyond the classical paradigms and expand your mind to new, decentralised ways of organising community life, listening to what Michael Bauwens has to say is a must. It actually might save the planet, which is not small feat.

my opinion

Recommended Links

P2P Accounting for Planetary Survival by Michale Bowens and Alex Pazaitis

Wörgl, the miracle of a local currency

If we ruled the world

Blockchain and Cryptocurrencies glossaries

Kreatings, an ingenious new way of raising money for your ideas

Kreatings, an amazing crowdfunding platform

Do you have an idea? Would you like to see it become a reality? Oh, yes, come to think of it, you need to raise money first to take it forward… But don’t worry, I have some great news. There is a ground-breaking new platform called kreatings.com that may come in really handy!

100% Free for fundraisers

It is a new and different crowdfunding platform where you can raise money to make your ideas a reality. Kreatings is a donation and reward based crowdfunding platform. It is a Keep it all platform, meaning that funds can be raised without fees and penalties —as opposed to other platforms— even if the campaign goal is not reached. It charges 0% fees for fundraisers and has the lowest transaction fees on the market. In addition, Kreating is a good way of launching a project, so that you can test a new idea and connect with a community that wants to see it succeed. So it helps you get started not only with funding, but also with your first users or followers. Just imagine having a community even before your idea becomes a reality!

Launch your project with Kreatings!

go to Kreatings

As you may know, I have written about the blockchain on this blog, so one thing that really blows my mind about this platform is that you can operate with cryptocurrencies. You can receive contributions in various cryptocurrencies immediately from around the world with no fees or fraud problems. However, you can still contribute to the projects you like in fiat money, which gives the platform more flexibility and renders it more user-friendly.

Afterwards you can share your campaign through social networks in a simple way to receive more contributions.

All you need to do is fill in a form provided by kreatings and submit your idea to allow contributors to have a more precise view of the project. It doesn’t take much time.

Last but not least, the icing of the cake: you have access to campaign statistics and technical support, which is crucial to take your fundraising action forward.

I strongly recommend Kreatings because it is not only a Keep it all platform, but also because it is innovative, based on the blockchain and user-friendly.

As Steve Jobs once said: have the courage to follow your heart and intuition.

So… what are you waiting for? Visit Kreatings.com and get the ball rolling!

What is the capital of the world?

Which city deserves to be the Capital of the world?

If an alien asked you “What is the capital of your planet?”, what would you answer?

Off the top of your head, you would probably consider the following options:

Potential candidates

New York, Washington D.C., London, Montreal, Paris, Berlin, Brussels (capital of the EU), Rome, Bern, Stockholm, Moscow, Istanbul (a bridge between the Western and Muslim worlds), Mumbai , Delhi , Shanghai, Beijing, Tokyo, Sydney, Sao Paulo, Buenos Aires, Santiago, Mexico city, Lagos, Cairo, Alexandria or even Miami (a city that brings Latin and North American cultures together).

What does google say?

Then you would probably google: “What is the capital of the world?” or “What is the capital of the planet Earth?”. The answer would be clear: London, in UK, is the world’s capital.

Historic perspective

In all likelihood, you would take history into consideration, and assume that in ancient times it was Babylon, Athens, Memphis in Ancient Egypt, Rome for the Roman Empire, or Karakorum (the ancient capital of the Mongol Empire), or even Toledo (the capital city of Spain at the height of its empire), Constantinople for the Ottoman empire, or Paris, the city of lights and, for many, the quintessential European city… or even Buenos Aires (which was a rich city in times gone by) and of course London for the British Empire.

Democratic perspective

If you care about fundamental rights and democratic values standards (e.g. fulfilment of human and civil rights, separation of powers, participation processes…), then you could sift through your results and would probably end up choosing an European or North-American city, depending on what you rank higher: social justice or economic freedom.

The language perspective

Needless to say, language is a key factor when deciding on this issue. The most languages represented in the city, the higher it ranks as the capital of the world. The official language of the city is also a key factor. As we saw on “10 most useful languages according to the World Economic Forum“, English is the current international language, and it is very likely that it will continue to be in the foreseeable future. So it is a central element that can’t go unnoticed. The top 10  languages in the world by number of speakers are 1. Mandarin Chinese 2. Spanish 3. English 4. Hindi 5. Arabic 6.French 7. Portuguese 8. Bengali 9. Russian and 10. Indonesian. But as we saw on the aforementioned post, it doesn’t necessarily mean that these are the most influential.

What about New York?

Even though it is not even the capital of the United States, New York is an obvious candidate, because it boasts an important number of international institutions (most notably the United Nations Headquarters and the Center for International Humanitarian Cooperation), Wall Street and so many people from so many different countries live there… The downside is that it is a major city of a superpower and it would be hard to reach a consensus.

What about Paris?

Paris is another obvious candidate. Institutions like the United Nations Educational, Scientific and Cultural Organization (UNESCO), the Organisation for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA) have their headquarters in the city of lights. According to the World Economic Forum, French is still one of the most influential languages in the world, specially for diplomacy, and it is, along with Venice, the most romantic city in the world.

What about the capital of a small country?

If you thought outside the box before answering the question, you might consider a city from a small or medium-sized country, since it would be way easier to reach an international consensus (see position 10 in the ranking below). Cities like Brussels, Singapore, Wellington, Lima, Copenhagen, Stockholm, Montevideo, Vienna, Asuncion, Bern, Doha… could be perfect hosts for a hypothetical world government.

This is the capital of the world

Finally, the moment that we were waiting for… (drum roll). With a population of 8,136 million, London is the most cosmopolitan city in the world, a real melting pot of ethnicities, languages and cultures, with English as the official language, home of Amnesty International, the Commonwealth of Nations, the International Maritime Organization, the Bank of England, the Socialist International, HSBC, Barclays, the city where so many world-famous writers set so many novels and stories, one of the world’s capitals of digital media and, to top it off, one of the world’s financial capitals… In a sense, although it’s one of a kind, it is also the bridge between North-America and Europe. Furthermore, it probably builds a robuster consensus than New York or Shanghai. It is a vibrant and dynamic city. As Dr. Samuel Johnson put it ” When a man is tired of London, he is tired of life”.

… But this could change overnight

However, London could lose the first position on the list after Brexit. Very likely, indeed. Many argue that Britain shot itself in the foot and that it will hurt it in many ways and at many levels, though whether Brits will find a way to roll with the punches and finally succeed making a virtue out of necessity, it remains to be seen. What does look pretty obvious is that London — starting with the City — will lose power and influence. Paris, Amsterdam, Frankfurt and Berlin may be the first to profit from this circumstance in the European Union, New York in America, and Shanghai in Asia. So this ranking is subject to changes.

Top 10 candidates

The following cities have been ranked according to a number of items, such as population, influence in diplomacy and politics, economy and finance, history, current and future prospects, democratic standards, degree of consensus on their candidacy, international institutions headquarters, historical factors, environmental awareness, geostrategic situation, languages represented, influence of its official language, state of development of the IT industry… among 30 other factors.

  1. London
  2. New York
  3. Paris
  4. Shanghai
  5. Berlin
  6. Mexico city
  7. Tokyo
  8. Moscow
  9. Seoul
  10. The capital of a small country (Brussels, Singapore, Wellington, Copenhaguen, Montevideo, Vienna, Asuncion, Bern, Doha…)

So give your two cents! What do you think should be the capital of the world?

More rankings

(See also “Most expensive and cheapest cities in Europe“; “Most expensive and cheapest countries in Europe” and “Most useful languages according to the World Economic Forum“).

Job Application and Job Interview Humor

************************************

Cover letter: “I would be prepared to meet with you at your earliest
convenience to discuss what I can do to your company.”

That’s what we’re afraid of …

************************************

Resume: “It is my professional objective to obtain a position which
allows me to make use of my commuter skills.”

I think we can oblige.

************************************

Weaknesses: “Suffer from prickly heat in summer.”

Sounds uncomfortable.

************************************

Cover letter: “Enclosed is my resume for your viewing pleasure.”

We can hardly wait.

************************************

Cover letter: “You are privileged to receive my resume.”

We’ll try not to let it go to our heads.

************************************

Objective: “To mature in the field of human behavior.”

Good luck with that.

************************************

Experience: “10 years of experience in financial budgiting and transactions rigistering.”

But limited experience with the spell-check function.

************************************

************************************

Cover letter: “Please overlook my resume.”

If you insist.

************************************

Cover letter: “I am submitting the attached copy of my resume for your consumption.”

Yum.

************************************

Translator gets 400 words to translate.
Client : How long will it take?
Translator : About a week.
Client : A whole week for just 400 words? God created the world in 6
days.
Translator : Then just take a look at this world and afterwards take a
look at my translation.

************************************

Skills: “Grate communication skills.”

Yes, but can you talk and chop at the same time?

************************************

Experience: “Responsibilities included recruiting, screening,
interviewing and executing final candidates.”

Seems kind of harsh …

************************************

Cover letter: “Salary demanded – $65,000.”

Would you like that in small, unmarked bills?

************************************

Strengths: “Ability to meet deadlines while maintaining composer.”

Would that be Mozart or Beethoven?

************************************

Education: “B.A. in Loberal Arts.”

Did you minor in ear piercing?

************************************

Cover letter: “I’ve updated my resume so it’s more appalling to
employers.”

We’re pretty shocked already …

************************************

************************************

Cover letter: “Seek challenges that test my mind and body, since the
two are usually inseparable.”

Glad to hear it.

************************************

Cover letter: “My intensity and focus are at inordinately high levels,
and my ability to complete projects on time is unspeakable.”

At these extremes, some things are best left unsaid.

************************************

Cover letter: “Experienced in all faucets of accounting.”

That should help with the flow of information.

Job interview

Had an interview for a job as a farrier once. I was asked if I had ever shoed a horse. I said no, but I’d told a donkey to go away once.

************************************

Went for an interview and was asked about my background. I showed him my phone, with a photo of my dog going for a walk.

************************************

They say dress for the job you want, not the one you have, but going to that interview dressed as Batman didn’t get be the job.

Told them at an interview that I always gave 100%. Didn’t get the job as an exam marker.

************************************

I was at a job interview today when the manager handed me his laptop and said
“I want you to try to sell this to me.”

So I put it under my arm, walked out of the building, and went home.

Eventually he called me and said “Bring my laptop back here right now!”

I said “$200 and it’s yours.”

************************************

I was asked at an interview what my biggest weakness was and said “honesty”. The interviewer said “I don’t see that as a weakness”, and I replied “I don’t care what you think”…

*************************************

How does a freelancer define “weekend”?

Two working days till Monday.

*************************************

I was asked in an interview to describe myself in three words. I said “not very good at following instructions”.

*************************************

What kind of job are you looking for? I’m looking for a job where I am politely ignored and left to my own devices. With unlimited Internet access, doughnuts, and coffee.

*************************************

What kind of job are you looking for? Inspecting mirrors is a job I could really see myself doing.

*************************************

Are you willing to work extra hours? Sure, as long as they’re lunch hours.

*************************************

I was asked in an interview if I could perform under pressure. I said yes, and I do a good version of Bohemian Rhapsody too.

*************************************

Interviewer: What’s your biggest weakness? Me: I don’t know when to quit. Interviewer: You’re hired. Me: I quit.

*************************************

After many years of trying to find steady work, I finally got a job as a historian until I realized there was no future in it.

*************************************

I became a professional fisherman but discovered that I couldn’t live on my net income.

*************************************

I worked at the bank as a teller for a while…until I started losing interest.

*************************************



T-shirts for Translators

Funny T-shirts for translators, interpreters and linguists

Hi guys! Here are some funny t-shirts about translation, language, interpreting and linguistics that I have found so far. So, if you are a translator, a copywriter, a writer, a language teacher or just a grammar nerd, you will love them! Click on the description below for further details. Have fun!

S

Click on the description below for further details.

Audrey Hepburn plays simultaneous translator Regina “Reggie” in Charade.

Featured item

Deadline t-shirts for translators, camisetas para traductores, t-shirts pour traducteurs, T-Shirts für Übersetzer,magliette per traduttori, قمصان للمترجمين, חולצות טריקו למתרגמים, футболки для переводчиков, 翻譯T卹, 翻訳者用のTシャツ

Featured item

Click on the description below for further details

T-shirt travel icons. Click here for full size!
Many people, when travelling to Asia (typically to Japan, Korea or China) use these icons to make themselves understood. This t-shirt may come in very handy, indeed!
In Noam We Trust T Shirt Noam Chomsky. t-shirts for linguists. Click here! Avram Noam Chomsky, often referred to as “the father of modern linguistics”, is an American linguist, philosopher, cognitive scientist, historian, social critic, and political activist.

Featured item

World Map Passport Folder Bag. Click here!
grumpy old git t-shirt
Warning Grumpy Old Git Contains Flatulence Bad Language T-shirt – Check it out!

beer t-shirt poluglot t-shirt
T-Shirt Beer In 45 Different Languages. Click here!
T-shirts for translators, interpreters and linguists
Women Fun T-shirt Russian Inscriptions I Will Only Speak In The Presence Of My Avocado
T-shirts for translators, interpreters and linguists
Sheldon Kryptonian Translator Herren T-Shirt Big Bang Theory Cooper. Click here to find out more!
T-shirts for translators, interpreters and linguists German
German Translations Leck Mich Am Arsch T-Shirt Hip Hop. Click here!
T-shirts for translators, interpreters and linguists
BE HAPPY in English and Arabic T-Shirt for translators. Click here!
T-shirts for translators, interpreters and linguists
T-shirts for linguists. Click here! T-shirt
UK t-shirt

Gaelic language t-shirt Sassenach Gaelic Sass-uh-nak Outlander. Click here! Sassenach means Outlander or foreigner in Gaelic language.

Translations with highest rates

Highest paid translations · Updated 2019

This post is an attempt to answer —and update— a question I have been asked on countless occasions, namely, Which are the highest paid specialties in the translation and interpreting professions? Without further ado, let’s cut to the chase:

translators training

First of all, it goes without saying that it is essential for a translator to be highly trained in a given field of specialization; and it is highly recommended to train constantly and keep up with updates within such field. Agencies and end clients highly value this trait. Once the translator is feeling confident, it is advisable to start with small translations and from the very beginning get into the habit of creating translation memories (preferably, sorted by companies or clients).

Returning to the issue at hand, although much depends on the type of end clients or agencies —and the country where they are located—, the most interesting specialties concerning fees include:

Pharmaceutical Translation: With rates around €0.10, €0.12 or €0.15 /word (approx. $0.18 or £0.14). The interpreters at medical conferences enjoy very good fees, but it is a quite difficult area to access.

translators and interpreters
Pharmaceutical translation

Financial Translation: A senior “in-house” translator working in a large company (e.g., an accounting or asset management agency in Spain), can reach €40,000 (around $50.100 or £38000). If the company is located in Luxembourg, Switzerland, Germany or the UK, it is not unusual to find that a financial translator’s payroll could reach €80,000 gross (around $100,200 or £75,400). A freelance translator, if working with good agencies or end clients could reach around €50,000 annual gross (around $63,000 or £47,400). There are very interesting “sub-specialties” – for example: translating asset management or financial software – with rates that can reach €0.20 ($0.25 or £0.19) /word

Interpretation in Foreign Trade: In general fees are high, especially if it involves unusual languages. It all depends on what is considered unusual regarding a given location, for example in Spain a Russian translator of my acquaintance specialized in this area may charge up to €100 (around $125 or £95) / hour.

Software Localization: It is more like a skill, rather than a specialization. It is a skill concerning ICT that every translator can attain. There is no lack of work within the powerful software and video game industry, and a translator on the payroll can earn around 30,000/40,000€ ($40,000 or £35,000) a year.

translation
Sotware localization

Sworn translation: Much depends on the language combination and if the source language is legal, notarial or of academic relevance within the country. But the added value provided by the sworn translator is indisputable, who can charge up to €0.20 ($0.25 or £0.19) /word.

–  Legal translations: The standard rate for certified translations for Federally Certified Court Interpreter and Expert Witness based in the Southern District of New York is $0.25-$0.27 (£0.19-£0.20 or 0.21€) per word. (Thanks Walter!).

legal translations
Sworn translations

Engineering translations: On one hand it requires a high degree of specialization, on the other hand rates are by no means negligible. Depending on the language pairs, rates can range from 0,12€ to 0,18€/word (around $0.14 or 0.10£-$0.22 or £0.19). There are many specializations within this category, such as aerospace, civil, industrial engineering, robotics…

The rates and fees depend largely on the nature of a company and the country where it is located, but with this post I am trying to highlight some of the highest paid translation specializations. Lastly, this post is open to your contributions. If you want to share your experiences, please do not hesitate to leave a message.

* Figures in Euros and US dollars.

Useful links:

List of translators and interpreters associations

t- shirts for translators, t- shirts for linguists, t- shirts for copywriters,t- shirts for writers,t- shirts for English teachers,t- shirts for teachers of English,t- shirts for Spanish teachers, idioms t-shirts, sayings t-shirts

Translations with highest rates:

Spanish version

 Chinese version



By Financial Translator

Top Ten Cryptocurrencies 2019

Top 10 cryptocurrencies 2019

ranking criptomonedas criptodivisas monedas digitales monedas virtuales

The best cryptocurrencies · 2019 Ranking

Here are what I consider the 10 best cryptocurrencies in 2019 and most probably in the following years. I wrote earlier about Dash, Bitcoin, Ethereum, Litecoin, IOTA, Blockchain technology and how to buy cryptocurrencies on this blog. There are currently  over 1400 cryptocurrencies, and sifting through them is not plain sailing, so this post will be regularly updated.

If you have reached this post, you may be wondering which is the best cryptocurrency to invest in, so I decided to offer a ranking for all those who are thinking of betting on the most fashionable currencies. First of all, I must say that I do not recommend investing more than 5% of your income, since the fluctuations in these markets are as usual as unexpected. My second advice is not to go crazy about the ups and downs and try to focus on the mid and long run. The crypto market is swings and roundabouts, so don’t panic. Keep calm and don’t invest more than 5% of your income. And finally, I would recommend to bet a little on the two big fishes (Bitcoin and Ethereum) and diversify the rest in other promising currencies. So you better don’t put all your eggs in one basket.

As I see it, there is an unwritten rule, a historical constant which proves over and over again that the most advanced technology always ends up winning out over the obselete one. Blockchain technology on which these cryptos are based is way more advanced and efficient than the old-fashioned fiat money, which could become obsolete in the next decade. Stranger things have happened.

Criteria

ranking criptomonedas

Criteria applied in this ranking

Criteria: I personally attach great importance to the project offering some innovation, some added value —you can find out about it by reading the white paper—. However,  the size of the cryptocurrency’s community, the money supply —so that you can weight up whether a given cryptocurrency is attractive for mining or not—, the team of developers behind and their dedication to the project —full or partial—, its country of origin, the exchanges in which it is quoted, whether it is little or very decentralized and, of course, its price-performance ratio so far…. are all good benchmarks when it comes to evaluate and compare them.

Cryptocurrencies by market capitalisation

By market capitalization, that is to say, by the price of the cryptocurrency multiplied by the number of coins in circulation, it is obvious that Bitcoin is still ahead of the curve, without any other coin shadowing it. Ether (Ethereum’s cryptocurrency) is back in the second position,  and Ripple is third, Bitcoin Cash features in fourth position, Litecoin (5th), EOS (6th) and Binance coin (7th). In fact, the second largest group would comprise all the other altcoins except Bitcoin and Ether. Market capitalization  also indicates the assets available for the purchase and active sale of cryptocurrencies in exchanges.

  1. Bitcoin Bitcoin, with a market capitalization of around $142,520,106,909
  2. Ethereum Ethereum, with a market capitalization of around $26,643,966,096
  3. XRP XRP, with a market capitalization of around   $17,649,693,244
  4. Bitcoin Cash Bitcoin Cash, with a market capitalization of around   $7,071,407,437
  5. Litecoin Litecoin, with a market capitalization of around   $6,569,571,432
  6. EOS EOS, with a market capitalization of around   $6,285,351,420
  7. Binance Coin Binance Coin, with a market capitalization of around  $4,429,651,223
  8. Bitcoin SV Bitcoin SV, with a market capitalization of around  $4,127,066,751
  9. Tether Tether, with a market capitalization of around  $3,127,671,181
  10. Stellar Stellar, with a market capitalization of around  $2,429,528,729

BEST CRYPTOS

tot 10 criptomonedas

Starting with the most consolidated cryptos and ending with the not so famous but very promising ones (for a number of reasons):

criptomonedas

Ether (ETH)

#1 It is my favorite due to the technology Ethereum it is based on. For many —including myself — it is the most robust and innovative platform of the blockchain technology. It still seems to have a lot of room for growth. Within the crypto currencies it is one of the safest bets and the blockchain that offers the most applications with its smart contracts. Giants like Microsoft and JP Morgan are already using Ethereum technology. The most visible reference of Ethereum is Vitalik Buterin, its co-founder. Even though Ripple overtook it by the end of 2017 in terms of market capitalization, if both Ether and Bitcoin are the reference for all other currencies, it is for a reason. Not for nothing, you need ETH or BTC to buy other altcoins. You can buy Ether, Bitcoin or Litecoin on coinbase or Binance. Just click on the links.

Ether coin
ETH Currency, SIlver Collectible

Bitcoin (BTC) 

#2 The early birtd catches the worm. It is the oldest and most widespread crytocurrency in the world. It was the first to use the revolutionary blockchain technology. For this  very reason, its price is so high that you’d rather be cautious. It seems to be evolving towards a virtual gold value deposit, so people prefer to keep it rather than to use it to sell and buy goods and services. The fact that you need  BTC to buy other altcoins in many exchanges, makes it even stronger. You can buy Ether, Bitcoin or Litecoin on coinbase or Binance. Just click on the links.

Bitcoin Moneda
Bitcoin

bitcoin cash

Bitcoin cash (BCH) 

#3 One might say it’s an evolution of BTC. The fact that Bitcoin has a limit on the size of the block restricted to 1Mb, implies a high processing time in the transactions, so the fork of the cryptocurrency was created taking the 478558 as the last block of the bitcoin. The new coin would generate its own blocks from this string  but with a much larger size (up to 8Mb). You can buy Bitcoin Cash on coinbase or Binance. Just click on the links.

mejores monedas digitales

Ripple (XRP)

#4 It is becoming a modern classic. Last year it reached second position ahead of Ether in market capitalization for a few months. That was due to the agreement of several Japanese and South Korean banks to use it. Although some see it as a betrayal to the blockchain principles, it is designed to work within the current transactions bank system. They also convinced several companies to adopt its technology. It is a cryptocurrency based on free software that pursues the development of a credit system on a peer to peer basis. Ripple nodes make up a local exchange system, so that the whole system works as a decentralized mutual bank. How to buy ripple? You can do it on coinbase or Binance. Just click on the links.

moneda virtual

Litecoin (LTC)

#5 It was the first crypto based on Scrypt, and it is a major bet on Coinbase, the first exchange house of the world. The size of its blocks and number of transactions is much larger compared to Bitcoin. Moreover, the fact that it does not need very sophisticated equipment to mine, favours  its decentralisation. You can buy Ether, Bitcoin or Litecoin on  coinbase or Binance. Just click on the links.

iotacoin

Iota (MIOTA)

#6 Its white paper really blew my mind. A different coin. It is not based on Blockchain, but on DAG (Direct Acyclic Graph) technology; there are no commissions, no miners (you validate each transactions on your own), confirmation times are fast and the number of transactions that the system can handle simultaneously is unlimited. It is specially focused on the internet of things. Some say it is the next generation of decentralized currency. It is very surprising and different from what I have seen so far. In fact,  I see it as a very interesting bet in the mid and long term. Iota was founded in 2015 by David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Dr. Sergei Popov. If you want to buy IOTA you can do it on Binance.

This image has an empty alt attribute; its file name is Cardano.png

Cardano (ADA)

#7 Lo and behold! Here is a blockchain (Cardano) and a third-generation crypto (ADA) quite attractive investment.  Its visible leader is Charles Hoskinson, former Ethereum CEO, who has assembled a team of renowned experts in the world of cryptocurrencies.  Cardano is a decentralized platform that will allow programmable value transfers in a secure and scalable way —both horizontally and vertically—. Cardano is one of the first blockchains based on the Haskell high security programming language. Its currency is called ADA. Cardano aims to solve 3 problems: sclabilidad —how many transactions per second the platform can perform—, sustainability —which has to do with the resources and energy used for its operation— and interpolarity —which has to do with the compatibility between different chains of blocks.

While Bitcoin uses Proof of Work to create new blocks, Cardano resorts to  Proof of Stake. You can buy ADA (the cardano crypto) on Binance.

criptomonedas

Monero  (XMR)

#8 It is the open source crypto currency that offers the most protection and privacy, which is why it has often been linked to illicit operations. But as Sissela Bok put it: “While all deception requires secrecy, all secrecy is not meant to deceive”. Either way,  it is one of those currencies that makes a difference with its added value. Created in April 2014, it focuses on privacy, decentralization, as well as scalability. Unlike many cryptocurrencies derived from Bitcoin, Monero is based on the CryptoNote protocol and — without going into technicalities — features an algorithm that makes blockchain obscuration possible.  Monero benefits from continued support from its community. You can get it on Kraken or Binance.

pascalcoin

Pascalcoin (PASC)

#9 It is certainly one of my favourites.  Based on an innovative idea in the crypto environment, Pacalcoin is pioneering a new level of scalability adapted for adoption on a global scale. It was the first cryptocurrency to break the barrier of 100 transactions per second. Pay close attention to its amazing Safebox, an unparalleled tecnology that makes the blockchain way lighter. If you want to learn more about Pascalcoin, visit Pascalcoin, an awesome crypto with a bright future. You can buy Pascalcoin on Poloniex.

qtum

Quantum (QAU)

#10 Here is a cryptocurrency of Chinese origin that incorporates a significant added value, which is the reason why it has attracted many investors. It advocates “transparency” and “good governance”. With the support of the Chinese government, it looks like it is going to be listed on coinone.  Qtum’s proposal is to execute smart contracts on the blockchain in an easy, user friendly way. As Leonardo da Vinci put it, “simplicity is the ultimate sophistication”. The team behind published its technical whitepaper —which, by the way, not all cryptocurrency projects have done—, and is committed to creating a globally influential open source community by cooperating with other blockchain communities, third-party developers, as well as betting on technical innovations. You can purchase Quantums on Binance.

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Honourable mentions

No ranking would be complete without mentioning some other cryptos that deserve to feature among the best ones due to its added value, the team behind or its novelty. So here they are!

moneda digital

Dash (DASH)

Probably somewhat underestimated, it seems to have a great potential as a bargaining chip, since it has a simple interface and transactions are almost instantaneous. It is totally anonymous —transactions made with Dash are not recorded.  Along with Monero, this is an interesting crypto for those looking for more privacy. You can buy Dash on Binance.

criptomoneda

Iconomi (ICN)

It is a Cryptocurrency of Slovenian origin.  It is a different project in that it is the first to distribute dividends among the holders of its token, so you can earn in two ways: 1. having Iconomi and 2. with the periodic distribution of dividends (by the way, it is paid in Ethereums). It will probably work in a similar way as an investment fund does. For all that, it is a project that stands out from the crowd. You can buy Iconomis on Binance.

mejores criptodivisas

Tron (TRX)

Based on the Ethereum blockchain, it offers full user control. It has been listed on the YoBit exchange house and integrated in Gifto (a protocol focused on virtual gifts). Last year it grew over 700%. You can buy Trons on Binance.

criptomonedas

Octanox (OTX)

A new kid on the block…chain. Right now you can only buy it on coinmarketcap, though, as far as I am aware, there is also an imminent agreement with Yobit and some talks going on with Bittrex . It intends to be a decentralized exchange and expand to other sectors such as mobile games. Surprisingly enough, an Indonesian group bought a lot of OTX from the ICO (Initial Currency Offering). To be honest, this currency has me a little out of place. We’ll have to wait and see what direction the wind winds. Yes, the cryptocurrencies market is swings and roundabouts, but I’d recommend you keep an eye on Octanox It may cause quite a stir in the near future. You can buy Octanox on Binance.

criptomodena

Maidsafe (MAID)

A crypto currency that, as bold as brass, aims to change the Internet from its same structure, putting an end to the monopoly of data —and of our information— by big corporations. So far, Maidsafe has gone unnoticed. Its goal is very ambitious, maybe it wants to bite off more than it can chew.  Anyway, just moving further in this direction, would be an awesome breakthrough.

crytoccurency

Lisk (LSK)

They have reached an agreement with Microsoft and their initial offer drew a lot of attention and investment. At the moment, it seems that the evolution of its  price is falling short of the expectations raised, but we’ll have to be on the ball sincedeep pockets are backing it. You can buy Lisk on Binance.

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Binance coin

It is a surprisingly consistent utility token, which means its value comes from how useful it is (and how much demand there is for its utility) within the Binance ecosystem. Brendan Eich, the founder, helped create Javascript and is a co-founder of Mozilla Firefox. You can get Binance coin on Binance.

 

A Proof-of-Work (PoW)  protocol is a measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, typically processing time by a computer.

Proof of Stake (PoS) means that a person can extract or validate block transactions based on how many coins they have, i.e., the more cryptocurrencies a miner has, the more power they have.

*****

Marcel Solé · Financial translator, trainer and Blockchain enthusiast

I hope you found this post interesting.

Thanks!

Speaking in tongues by Ella Frances

An illustrated compendium of untranslatable expressions

Yesterday I bought this book by Ella Frances Sanders and I just can’t stop reading it. It was love at first sight and I was not wrong: I’m enjoying each and every page of this surprising, beautiful and engaging  work.

Curious expressions from around the world

If you are a translator, a linguist, or you simply enjoy the intricacies of language, I bet you’ll love it too. In this book you’ll discover lots of hidden treasures from all over the world waiting to be found and  over 50 beautiful ink illustrations that will make you smile and dream. It’s a quick enough read and makes the perfect gift for word nerds.  It is a charming collection of  drawings featuring quaint and funny expressions that have no direct translation into other languages, most of them quite surprising, hilarious or even shocking.  Each phrase receives a two-page spread. On the right hand side, the author provides the phrase in its original language along with its translation—both of which are superimposed on the illustration. On the left hand side, Sanders interprets the expression’s meaning. Furthermore, the author gives context, history, the equivalent in different countries, if any, and takes notice that some of them are not true to facts. It’s no wonder it has become an international bestseller!

Most of the expressions in the book are idioms —with a figurative  and often surrealistic meaning— showing the quirky ways people  express themselves in different languages and cultures*, yet some of them are interjections which convey emotions in an astonishing and exclamatory way. The title of the book itself is a sort of idiom: speaking in tongues or Glossolalia is a phenomenon in which people speak in languages unknown to them.

*In Romanian, ‘îl scoţi din pepeni’, (literally, ‘To pull someone out of their watermelons’) is to drive someone crazy, a bit nuts. In French ‘J’ai le cafard’ (literally, ‘I have the  cockroach’) means “(to) feel blue”, that is to say (to) feel sad, somber, or glum.

As for the author, her bio reads “Ella Frances Sanders is a writer out of necessity and an illustrator by accident. She currently lives and works in Bath, UK. Her first book, Lost in Translation – An Illustrated Compendium of Untranslatable Words is an international bestseller, and her second book The Illustrated Book of Sayings – Curious Expressions from Around the World was published in September 2016″.

So, without further ado, here are the covers and back cover:

English version

Click on the pictures for further information.

Spanish version

 

Clica en la imagen para más información

French version

Pour obtenir de plus amples informations, veuillez cliquer sur la photo

 

The illustrated book of sayings

A charming illustrated collection of more than fifty expressions from around the globe that explores the nuances of language

Lost in Translation Note Cards: Untranslatable Words from Around the World 

Collection of note cards featuring illustrations of phrases and words from around the globe with no English equivalent—the perfect gift for word nerds and aspiring travelers of all stripes.

Recommended book

translators through history
This account of how they have contributed to the development of languages, the emergence of literatures, the dissemination of knowledge and the spread of values tells the story of world culture itself.

If we ruled the world: an awesome workshop

The World Game

Last Saturday I was happy enough to attend an amazing workshop in  Barcelona under the wing of IAM, which is an alternative think-tank community exploring the evolution of internet cultures and the future influence of digital technologies.

To be honest, at first I was pretty clueless about the event and how it worked, but since I am really fond of foresight science —or, if you like, futures studies or prospective science— I decided to give it a chance and, in the end, it was far beyond my initial expectations. It was indeed one of the best workshops I have ever attended.

Foresight studies involve critical thinking regarding long-term developments, speculation about future trends and interdisciplinary debates. Forecasting, forward thinking, strategic analysis and networking are key components of this relatively new discipline. In the last decade, scenario methods have become widely used in some European countries in policy-making.

Soon I found out that it was an update of Buckminster Fuller‘s World Game first proposed in 1961 for the era of global finance, statecraft, big data, climate change and mass migration. Fuller was a 20th century inventor and visionary and one of the pioneers of foresight science. His ideas continue to influence new generations of scientists, economists, designers, architects, and artists all over the world working to create a sustainable planet.

The session, organized by Phi Collective, was masterfully conducted by Aliaksandra Smirnova, who managed to boost engagement and creativity —even though it was on a Saturday morning— and turned the workshop into an exciting and inspiring experience.

During the session, participants learned to identify future trends and imagine upcoming scenarios, so that we could figure out possible solutions to tomorrow’s challenges, such as climate change, floods, droughts, climate refugees, housing, logistics, big data…

It is amazing what synergies between people from different disciplines can achieve. It really works wonders! The workshop was very well though-out, implemented in a very productive way , the training material was wonderfully designed, and again,  it was conducted in both an engaging and professional way. This magnificent workshop was designed by Calum Bowden and Aliaksandra Smirnova.

I strongly recommend that all universities, secondary schools, companies, international and government bodies organize the world game. No doubt about it. It is an astonishing, productive and enjoyable experience. Furthermore, It can be applied to many areas and case scenarios. It definitely ranks among the best events I have ever attended.

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