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#what does it say about internet culture that my first flowers on valentine’s day are virtual? [insert clever essay here]
m1d-45 · 1 year
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HAPPY VALENTINE’S DAY EVERYONE here’s some flowers for my beloveds /p midas and mushroom 🌸🌷🌺💐🌼🌹🌹🌼🌷🌺🌼🌷🌸💐🌷🌷🌺💐
and for the rest of y’all… here is a chocolate bar i guess 🍫 (/J LOVE U GUYS TOO) - teddy anon
🥺 flowers……. thank you teddy… 🤲.. i will put them in a vase and cherish them for the rest of their life
flowers for you: 🌺🌸🌷
and flowers for mushroom: 🌺🌸🌷
and an assortment of delights for everybody else: 🍬🍫🍰🧁🍡🍧🍮🍦🍩🍭🍪
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richincolor · 3 years
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Group Discussion: Fat Chance, Charlie Vega
*As is usual with our discussions, there may be a few spoilers ahead so beware.*
We were all eager to read something fun as we were getting to the one year mark in this very challenging time. Fat Chance, Charlie Vega seemed like a promising pick - and it proved to be exactly what we were seeking. I'm thankful that author Crystal Maldonado shared Charlie with the world. To find out more about Crystal, hop over to the interview here. It was great to hear directly from her about her writing.
Publisher summary: Coming of age as a Fat brown girl in a white Connecticut suburb is hard. Harder when your whole life is on fire, though.
Charlie Vega is a lot of things. Smart. Funny. Artistic. Ambitious. Fat.
People sometimes have a problem with that last one. Especially her mom. Charlie wants a good relationship with her body, but it's hard, and her mom leaving a billion weight loss shakes on her dresser doesn't help. The world and everyone in it have ideas about what she should look like: thinner, lighter, slimmer-faced, straighter-haired. Be smaller. Be whiter. Be quieter.
But there's one person who's always in Charlie's corner: her best friend Amelia. Slim. Popular. Athletic. Totally dope. So when Charlie starts a tentative relationship with cute classmate Brian, the first worthwhile guy to notice her, everything is perfect until she learns one thing—he asked Amelia out first. So is she his second choice or what? Does he even really see her?
Because it's time people did.
A sensitive, funny, and painful coming-of-age story with a wry voice and tons of chisme, Fat Chance, Charlie Vega tackles our relationships to our parents, our bodies, our cultures, and ourselves.
Let the discussion begin...
Crystal: Fat Chance, Charlie Vega made me smile just when I needed plenty of smiles. Over the past twelve months, I’ve found myself picking up many more rom-coms than usual. Even with the difficulties that the main character might face, readers still get to hope for at least a partially happy or hopeful ending and that is what I’ve been craving. Stories that deliver some joy can sure make a day brighter and Charlie’s story, totally did that for me.
K. Imani: I so agree. I’ve been doing the same over the past year and I really needed this sweet story. Like you Charlie’s story made me smile so many times. I loved how much she grew in this story and how she had such a loving heart.
Jessica: Ditto! There were so many times I looked up from reading and realized I was actually, physically smiling. I can’t get enough of YA romance right now.
Audrey: Fat Chance, Charlie Vega had some incredibly sweet and genuinely happy moments, and I was really glad we all agreed on this one for our first book discussion this year. That’s not to say there aren’t hard parts in this book--there are some that hit incredibly close to home--but it was so very nice to settle down with a book that had promised us an uplifting ending. I plowed through it in just two days and thoroughly enjoyed it.
Crystal: I found the cover to be simply lovely. Charlie is gorgeous and looks like she’s feeling beautiful in the midst of the flowers and warm colors. And she’s wearing glasses. I’ve worn glasses for most of my life, but when I was young, I thought nobody sophisticated or beautiful wore them if they could help it. Ruse by Cindy Pon, When Dimple Met Rishi (back of cover) and Slay by Brittney Morris are really the only other YA book covers I can think of that feature a main character with glasses. Mei in American Panda references her nearsightedness, but her mother says that “no woman is attractive in glasses” so Mei doesn’t wear them. Maybe there are other books, but there certainly aren’t many so it was fun to see Charlie rocking her glasses.
K. Imani: Fellow glasses wearer here too and I loved that the cover had Charlie wearing her glasses and that throughout the book she would fiddle with her glasses. It was such a small thing, but I loved how Maldonado wrote the little habits glass wearers do that are tied to how we’re feeling, use as a distraction, etc, that our glasses are really an extension of our being.
Jessica: Fat Chance, Charlie Vega definitely was one of my favorite YA covers to come out in recent years. The colors, the character, the font! Everything about the cover was just so gorgeous.
Audrey: I adore the cover. Not just because Charlie is a fat, glasses-wearing Latina like me but also because it reminded me a lot of Charlie’s references to the body positivity and fat fashion movements. The cover could be an Instagram post--Charlie front and center, looking right at the camera, all dressed up and with a gorgeous background behind her. Ericka Lugo, the Puerto Rican illustrator who designed the cover, did a phenomenal job.
Crystal: Charlie is delightful, but her relationships are seriously complicated. She has some work to do in her relationships with her mom, food, her best friend, her crushes, and most importantly with herself. This is the messiness that makes Charlie’s story feel real. The book did make me smile, but there are some struggles here too and I appreciated that Maldonado let us see Charlie do some hard work.
K. Imani: I feel like all the messiness from Charlie’s relationships is what really connected me to her. No one is perfect 100% of the time and sometimes we get into our own heads and can sabotage ourselves with our relationships. The thing with Charlie is that she learned from it, told people how she felt and made amends. Such great personal growth that is a tough journey to go on, but one we humans do on a constant basis.
Jessica: I loved that the book didn’t shy away from the messiness and complicated aspects of Charlie’s relationships, particularly with her best friend and her mother. I especially loved how Charlie’s relationships tangibly changed and grew as the book progressed -- she called out her mother on her mother’s toxic behavior, and got to a better place with Amelia. So many complex relationships were in play, and the nuance given to each relationship was really incredible.
Audrey: I think some of the most honest parts in this book were when Charlie knew--intellectually--that there was absolutely nothing wrong with being fat, that being fat doesn’t mean unhealthy or unloveable, but she was still affected by those messages and ideas. She still bought into some of them even while acknowledging they were wrong and unfair. It was rough to see her deal with those things and how they affected her own self-esteem and her relationships with others, but it was also incredibly genuine.
Crystal: Many of the issues with relationships are tangled up in how Charlie sees her body. She’s fat and is working hard to have a good and positive relationship with her body, but this is a journey that has ups and downs especially since it seems that some people aren’t willing to accept Charlie as she is. Her own mother seems to think Charlie’s body is not beautiful at the present size and thinks losing weight is essential for Charlie’s happiness. The U.S. culture strongly equates worth with our beauty standards and many of us don’t see how damaging this can be for ourselves and others. Readers can even see this in the relationship Charlie’s mother has with her own body.
K. Imani: Charlie’s relationship with her mother bothered me so much and showed how toxic our society is towards women’s bodies that her mother didn’t even realize she was hurting her child. I’m glad that Charlie sought out the body positive movement and referenced it a number of times throughout the book so folks could see how seeing yourself represented living a fully happy life, despite your size, is life affirming. It definitely was a nice juxtaposition to the messages she was receiving from her mother. On a side note, I really enjoyed how Charlie was a secret clothes hoarder and that she had a great sense of fashion.
Jessica: I sound like a broken record now, but I’m seriously in awe of how Charlie’s relationships -- particularly with her mother -- are portrayed. It’s messy, and tough, and I absolutely cheered when Charlie really told her mother how she felt. I also loved how the story depicted Charlie’s own not-so-linear journey when it came to her self-esteem, and the role that online communities played in that. Sometimes it’s easy to think of the internet as just a place of toxicity and trolls, but the truth is that there are so many wonderful communities online.
Audrey: Charlie’s relationship with her mom was so difficult and complicated, especially with her mother having put so much effort into losing weight and being able to keep it off. At one point Charlie acknowledges that her mom probably doesn’t even realize she’s being cruel. It was such a relief when Charlie was finally able to express her feelings about her mom’s behavior and comments. It didn’t magically make things better, but Charlie was able to say what she really thought and tell her mother that she was hurting her. There were a lot of painful conversations in this book, but in the end they helped Charlie sort out her important relationships and her feelings about herself.
Crystal: I agree with Brian and Charlie that Valentine’s Day isn't always great for everyone. The heart-meltingly sweet way that Brian dealt with that made me smile. To later find out that Crystal Maldonado experienced something very similar with her husband when they were younger made it even sweeter.
K. Imani: I loved what Brian did for Charlie, and their classmates, on Valentine’s day. It was so sweet and moving and definitely endeared me to his character.
Jessica: Regarding the valentines: Gasp. I did not know that! That’s so sweet. Wow.
Audrey: That’s so sweet! I really liked reading about Brian and Charlie’s relationship. The Valentine’s Day scene was incredibly endearing, and their bookstore date was also lovely. There were several great moments between them as their romance developed. I especially appreciated that Charlie--a fat character!--got to want and enjoy things like hand holding and kissing and being attracted to someone and feeling attractive. I loved all of that.
Crystal: I think we can all agree that reading this book was a delight. We recommend it especially if you’re looking for something to give you a little joy. If you’ve read it, please share your thoughts on the blogpost or on our Twitter account. We’d love to hear from you.
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eldritchsurveys · 6 years
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oo5.
Have you ever been served breakfast in bed? >> Maybe once or twice? A long time ago? What is the most challenging meal you have ever cooked? >> I make a point of avoiding challenges in cooking, unfortunately. I’m really averse to fucking up food, for multiple reasons. I’ll get over myself eventually, but it’s just not a priority right now.
Are you one to approach others, or let them approach you first? >> I mean, in what sense... What was your favorite thing to do as a little kid? >> Well, my paracosm at that time was a city called Jacana Heights, and Eden Long and I would perform in movies for the entertainment of the populace (I think they like, thrived on it... like, in a sustenance sense? I’m not sure of the logistics because I didn’t think that deeply about the worldbuilding of things back then). So I did that a lot. Here on Earth, I kind of just... cut out clothes for paper dolls for hours at a time, built things with building sets, played with my dog, and later on, played computer games. Are holidays as fun for you now as they were when you were younger? >> I didn’t get any holiday experiences at all as a child, except for when I was thirteen and then it was actually horrible lmao, so actually... I have a lot more fun with holidays now.
Do you find non-fiction to be boring? >> Nah, unless it’s a subject I literally don’t care anything about. Like... Republicans.  Are you a punctual person? Or are you always late? >> I’m not always anything. Do you own a thesaurus? Do you actually use it? >> Nah, Google is my thesaurus. What is the longest essay or research paper you have written? >> Ten pages about Jim Morrison in junior year. Do you ever write your own short stories? >> Hell yeah. Sometimes I even still do. Have you ever been close to drowning? >> Twice. Have you ever had a panic attack? >> Yes. Do you find it easy to relate to other people? >> It gets a little easier as time goes on, and as I meet more people. But I think it’s part of the human condition to always feel a little set apart. I just try not to give that feeling too much credit, because it doesn’t exactly know what it’s talking about. Are you ashamed to leave the house when not looking your best? >> No. Are you modest? >> Nah, not really. Do you ever worry about your loved ones dying? >> Not especially. Like, I don’t actively worry about it, since grief doesn’t particularly frighten me as much as other things do. That doesn’t mean I’m like “oh cool whatevs” at the idea of people I love dying or anything, it’s just... not a worry. Do you watch any Japanese anime? >> I’m coming around to it. I was talking to someone on Discord and they mentioned that it seemed like the older a Western person is when they’re introduced to anime, the more time they have acclimating to the differences from Western media. So really, I’m not alone in how much I struggled to like, connect with anime the way people who have grown up with it do. I was out here thinking there was something wrong with my brain meats because no one had ever presented it that way to me. Damn. Anyway, the ones I’ve liked so far are Kill La Kill, Ouran High School Host Club, Mahoutsukai no Yome, Kuroshitsuji, Puella Magi Madoka Magica (is that even the right order lmao), and... yeah, I guess Axis Powers Hetalia, although overall I connected to the fandom more than the anime itself. Is there a foreign culture you are interested in learning more about? >> You damn right. Do you have your own laptop computer? >> I have two. Will this week be a good one? >> I mean, it’s a week. I suppose it’s all right, as far as weeks go. Who is the last person that texted you? >> Sparrow. When is the next time you work? >> I don’t. Where did you get the shirt you’re wearing? >> It’s an undershirt, I have no idea. What are you going to do next? >> I’m not sure. Maybe another survey, maybe I’ll go back to my dashboard, maybe I’ll randomly start breakdancing, who the fuck knows. Do you currently have feelings for anybody? >> Sure. Do you enjoy eating veggies? >> Very much. Do you know the difference between a vegan and a vegetarian? >> Yes. Who did you text most today? >> I didn’t text anyone. Do you have a reason to frown right now? >> Sure, I suppose. I have reasons to do any facial expression at any given time, because like... life be like that. What brand is your straightener? >> --- Do you own any Converse? >> Nope, they hurt my feet and fuck up my gait because of my pronounced arches. Are you wearing socks? >> Nope. Do you enjoy long car rides? >> I enjoy a lot of things about long car rides. The freedom of the open road is one of those “quintessential American(tm) things” that I actually deeply understand and yearn for. I enjoy being in cars, probably because I spent so much of my childhood around them and in them. I like talking to the people I’m in the car with -- a lot of good conversations are likely to happen during car rides, especially on highways, because there’s not a whole lot of distractions, just you all and the road. However, I don’t like being stuck in the car for hours at a time without a chance to stretch my body, and sleeping in the car is a fuck. So, you know. Downsides. What’s the last thing you drank? >> Water. Who was the last person you talked to before you went to bed last night? >> Hallie, online, and Can Calah, here. Are you one of those people who are always cold? >> No, I get hot much quicker than I get cold. Are you wearing any clothes that don’t belong to you? >> No. Do you paint your nails? >> Occasionally. Do you like doing laundry? 
 >> I mean, more than other chores, sure. There aren’t a lot of steps, it doesn’t involve icky things, and it’s not very time- or energy-consuming (the machines do most of the work). How about the dishes? >> Eh. I prefer doing the dishes in a sink with a window over it... anyway, we use the dishwasher. Do you even like doing housework? >> No. That’s probably really clear, lmao. Don’t you hate being blamed on? >> Of course. Do you even care about politics? >> Not the bits that don’t immediately affect me. Have you ever met anyone famous? >> Yeah, I met... multiple musicians, and Criss Angel once. And Julianne Moore! I keep forgetting about her. Do you check your email everyday? >> The Gmail Checker app in my browser alerts me whenever there’s new email, so I just... rely on that. Do you have a membership to the gym? >> I do, and I really need to fucking terminate it, but the legal bullshit is so overwhelming (gyms can be really fucking cagey and I wish I’d known that before I gave them my fucking bank account information to open a membership) that I never do it. Ugh. Do you tan? >> No. What is your natural hair color? >> Dark brown. Is it that right now? >> Yep. Do you prefer guys with dark hair or light hair? >> I can’t be bothered to care. When was the last time someone gave you flowers? >> Valentine’s Day. Do you expect to be married in the next two years? >> Yes. Do you have someone who is protective of you (father, brother, etc.)? >> No. Would you ever get implants? >> Probably not, unless it was subdermals. Have you ever dated someone of another race? >> Obviously. What did you drink at the last party you went to?: >> What was the last party I went to... Does the last person you text messaged have any tattoos or piercings?: >> Tattoos, yeah. Someone asks if you’re okay, but you’re not. Do you tell them the truth?: >> Depends on who’s asking. If it’s some person on the internet that I don’t really talk to, then they don’t get those kinds of details. Do you know anyone whose birthday is today?: >> No. How did you meet the last male you text messaged?: >> --- Where was the last place you went, that you hadn’t been to before?: >> Chicago in general. Last person to text you? >> Sparrow. Are you mad at anyone right now? >> No. How do you feel about your hair right now? >> It’s there. Being hair.  Are you wearing jeans, shorts, sweatpants or pajama pants? >> I think these are considered sweatpants. What are you doing tomorrow? >> I don’t know, chillin, I guess. Is your hair up or down right now? >> It’s not anything. Do you know how to play poker? >> I’ve forgotten by now. Have you ever had an ear infection? >> Nope. What’s your favourite thing to order when you get Chinese food? >> I like chicken satay and lo mein or like... I don’t know, something with a lot of crunchy vegetables. And seafood. What did you have for breakfast this morning? >> The first meal I ate was the veggie burger. Are your nails painted a dark or light color? >> No. What color was the last fish you had? >> Like... as a pet? I’ve never had one. Have you ever read in the bathtub? >> No. Have you ever put ice cubes in milk? >> No. What do you use to remove your makeup at night? >> If I happened to be wearing makeup at some point, I’d use Burt’s Bees face cleaner wipes to remove it. Do you use the Facebook chat often? >> Nope. Do you have any baby pictures of yourself on your computer? >> Digital photos didn’t exist when I was born, and I’ve never scanned any physical ones. Do you eat onion rings? >> Rarely. When did you last go to the zoo? >> I don’t remember. It was probably the ElectriCritters thing with Hallie. I really don’t go to the zoo that often, lmao. How many cardigans do you own? >> Two. One has a big skull on the back and the other one’s a Slytherin cardigan. Do you own a robe? >> Yeah, it’s a Ravenclaw one. (I’m a Slytherclaw, lol.) Music is playing right now, isn’t it? >> It was, but I paused it to listen to the rain. Do you have a little sister? What’s her name? >> No. What kind of shampoo do you use? Does it smell amazing? >> I use conditioner sometimes, and it smells like peppermint, so yeah, amazing. Have you ever buried a time capsule with a friend? Did you dig it up yet? >> No. How many pairs of shoes do you have? Are they under your bed? >> Two, not counting rain and snow boots, and no, they’re by the apartment door. Have you ever had to be put to sleep at a hospital? Why? >> I misunderstood that for a second because “put to sleep” is what people say about euthanising animals, lol. I was like, “uh, I’m pretty sure no one’s killed me at the hospital, brah” and then I realised. No, I’ve never been given general anaesthesia, but I have been sedated. When are you planning on moving out of your parents’ house? >> I did that already. Do you like crust on pizza or do you cut it off?
 >> I don’t eat it, usually. What was the last song you listened to? >> I don’t remember now, but False King by Two Steps From Hell is playing. What is your favorite lunch meat? >> I like chicken breast or turkey on a sandwich. Why aren’t you texting the last person you kissed? >> Can Calah doesn’t have a phone. He doesn’t need one. Who was the last person you texted? >> Sparrow. Do you have any sisters? >> Yeah, two. Do you have to watch yourself in the mirror while you brush your teeth? >> Yeah, because like... I drool toothpaste everywhere when I’m brushing my teeth, lmao. So I gotta pay attention. Who in your phone has a heart after their name? >> No one. Do you think anyone has feelings for you? >> Yes. Does everyone deserve a second chance? >> Sure, even if it’s not necessarily from me. I don’t believe in condemning anyone. 
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dolly-decadatia · 3 years
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12/3 S.C notes Chap 7 continued
South- fire 🔥: the element of transformation, of passion and change, success, health, and strength. An oil lamp or piece of lava rock can be used as well.
 West: water 💦- a cup or bowl of water can be placed in the west. Water is the realm of the emotions, of the psychic mind, love, healing, beauty and emotional spirituality
 The altar should go in the center (according to Scott) but you have to be flexible about the amount of space you have. Some of us have to place it in a corner or against a wall. I for one currently live in a shitty trailer and will be moving into a tiny rv once my lease is up. It behooves me to not fixate on “my altar MUST be dead ass center in the circle.” A lot of us probably have similar poverty related space constraints.
 Generally the altar is set up facing north (but see my thoughts above).
 Take his altar set up with a huge grain of salt. He’s gendered it. He says the left is goddess, the right god and he’s gendered inanimate objects to reflect cis genitalia and assigned them to the left or right. Cis pussy to the left, cis dick on the right. It’s not so much transphobic as it is just weird and creepy. I probably want to completely design my own altar lay out to avoid this weird dick and pussy fixation. I need to double check how LaVey had his set up. It’s been a really long time since I actually practiced Satanism and I don’t remember his set up. I know he has a straight up phallus on his supply list but imo having. A representation of genitalia that looks like genitalia is less weird and creepy that randomly deciding Wands and athames are cocks and cocks somehow automatically are male. I think LaVey’s phallus was supposed to represent lust or something. Idk, I need to reread it. Don’t quote me.
 If you’re working magic in the circle ⭕️, all necessary items should be within it before you begin, either on the altar or beneath it. Never forget to have matches handy, and a small bowl to hold the used ones. He says it’s “impolite” to throw them in the censer or cauldron but until I see someone I respect say that I’m ignoring it.
 Chapter 8: The Days of Power
 Here, I’m copy pasting notes I already took from the internet while I was waiting for the book to arrive. I skimmed through Scott’s chapter to see if there was anything to add but there wasn’t. These are my first draft of what May end up being my holidays/ Sabbaths/ whatever I choose to call them. They’re not done so don’t judge them too harsh yet:
 “Wheel of the year” ideas
 January- New Years
February- Valentine’s Day
March- bad things happened to me-day of healing ?
April- wedding anniversary and t date
June- my birthday
Aug- partner’s birthday
October- Halloween and dating anniversary
December Krampusnacht
 9 in total this draft
Does not seem seasonal at all so “wheel of the year” isn’t a great name at all.
 I do like some of the seasonal things but I’m having trouble figuring out how to incorporate them. Even when I was Wiccan I didn’t understand the significance of celebrating an agricultural cycle.
 Wiccan wheel:(copy pasted with commentary)
Yule- When is Yule: December 20-23
Themes: rebirth, quiet introspection, new year, hope, setting intentions, celebration of light 
In most traditions, Yule is the Sabbat that begins the Wiccan Year.
(I think January 1st makes more sense to me. As far as the winter holiday goes- I resonate with Krampusnacht and there’s nothing about Krampus that screams “new year” to me.)
 This is the Winter Solstice—the shortest day and longest night we will experience in the Northern Hemisphere.
Yule, a fire festival, is a time of celebrating the return of the light. From this point forward, the days will gradually grow longer again, until we reach the height of the Sun’s power at the Summer Solstice.
Although we will still see comparatively little of the Sun’s light for several more weeks, this Sabbat reminds us to have patience—the waning half of the year is over, and warmth, growth, and light will reign again!
 (This part resonates with me because I have seasonal affective disorder and the light returning is very meaningful personally.) 
 it is a relatively quiet, indoor holiday, as people gather within the warm shelters of their homes to be merry and give thanks. As a Yule ritual, many decorate their altars with evergreen branches, such as cedar, pine, hemlock and spruce, as well as bright sprigs of holly, pinecones, and other festive winter flora.
 Food for simple feast/ gingerbread and ???
 Candles are paramount to this Sabbat, of course, with Yule traditions emphasizing the colors red, green, white, and gold. Images of the Sun are also appropriate. Those lucky enough to have a fireplace can burn a sacred Yule log, but you don’t need an actual hearth to brighten up your home with candles galore! Interestingly, many traditions which are generally thought of as belonging to Christmas—including the Yule log, a decorated tree, wreaths, and even caroling—are actually rooted in pre-Christian pagan traditions. So it’s quite likely that you’ve already been celebrating Yule for years, with or without your knowledge!
 Imbolc- This cross-quarter day—midway between the Winter Solstice and the Spring Equinox—is a welcome milestone for many who eagerly await the warmer months.
 (So do I need to celebrate the coming warmth in December? Wouldn’t this make more sense- or would it make even more sense to wait for the spring equinox to really say “fuck you”’to winter?)
 celebrated on February 2nd. As a holiday celebrating beginnings and renewal,
(Seems like a beginnings and renewal holiday would be relevant to me but maybe I should do that on my t day)
 Imbolc is often chosen as a time for initiation, whether it be through a coven or through a self-dedication ritual.
 (Also seems like a tday thing) It is also a time for ritual cleansing after being shut indoors, largely inactive, for the past few months. (My t day is in April when spring is either here or near and that imagery can make sense then too) The ability of the Sun to cleanse and purify is recognized in various ways. Some people light several candles in each room of the house, or, in a more modern version of this tradition, turn on every lamp to set the old energy “ablaze” with the power of light. Some Witches will leave their ritual tools out in direct sunlight as one of their Imbolc traditions to cleanse and charge them—particularly metal tools and treasured crystals or mineral stones.
Traditional candle colors for Imbolc are white, yellow, orange and red, and altar decorations include fresh Spring flowers, besoms (small decorative ritual brooms) and figurines or images of young animals.
 (The stated foods are all Imbolc specific and don’t make sense for me turning parts of it into my tday festival)
Ostara- (there do not appear to be any themes in Ostara that would be relevant or useful to my practice)
 Beltane  April 30 or May 1
Themes: passion, mischief, sensuality, sexuality, (rawr) beauty, romance, fertility,(eew) vitality, abundance
 Celebrated on May 1st, Beltane marks the transition point from Spring to Summer. This is a heady time of lust, passion and fertility, marking the return of vitality to both the Earth and the Sun. Blossoms on the trees are giving way to robust leaf growth, young animals are growing into maturity, and the daylight continues to lengthen and strengthen as we move toward the full power of Summer. Love and commitment are themes of this Sabbat, along with abundance and creativity. Handfastings are traditionally held at Beltane.
 (Wedding anniversary is April 14. Can possibly borrow some Beltane themes for that)
 Beltane is a very sensual Sabbat in many traditions, celebrating sexual energy
 One distinct custom in England and elsewhere that has never died out entirely is dancing around the Maypole—a tall, wooden pole said to represent male virility. Typically, people gather flowers and green branches to decorate the Maypole, or else use brightly colored ribbons. Many groups incorporate this tradition into their Beltane celebrations.
Fire is also a big focus at Beltane—so much so that many places host a Beltane fire festival. In ancient Irish culture, from which the name of the Sabbat is borrowed, people lit giant sacred fires on this day to purify and protect their cattle from illness. The cattle were driven between two fires to ritually cleanse them and connect them with the Sun. It was also considered good luck for people to jump over a bonfire at this time, and this is another Beltane ritual that is often found in celebrations.
The word “beltane” actually comes from an ancient Celtic word meaning “bright fire,” so it’s highly appropriate to include fire of some kind in your festivities. If, like many Wiccans, you don’t have the means to build a fire either indoors or outdoors, you can still decorate your altar with images of fire. If you have a mini-cauldron, place it over a few scraps of red and orange paper for a symbolic fire right on your altar!
Other ways to celebrate Beltane include making a “wedding feast” . Breads and cereal grains, oatmeal cookies and dairy foods are all traditional Beltane treats. Include seasonal spring vegetables as well for a true feast. Gather flowers and green leaves to decorate your altar with. Many people like to create a “mini-Maypole” for their altar and decorate it with ribbons. If you have long hair, braid it as a symbol of the union between (my partner and I) weaving in some wildflowers or tree blossoms if you like. Traditionally, couples would spend the whole night outdoors, romping in the fields and forests, but if this isn’t practical, take a long walk with your sweetheart somewhere out in nature. The important thing is to make sure you spend some time outdoors on this day! (we like nature and we got married on the beach so this is very useable)
 Midsummer June 20-22 (oh hey thats so close to my birthday!)
Themes: abundance, growth, masculine energy, (love that for me) love, magic
 This is the longest day and shortest night of the year, marking the pinnacle of the Sun’s power to fuel the growing season. From here on out, the Sun will set a little earlier each night until Yule, and so we recognize and give thanks for its warmth.
The crops are reaching their full maturity and the forests are bursting with lush growth. In just a few short weeks, the harvest season will begin, but for now we pause to celebrate the manifestation of what was planted in the early weeks of Spring. The warm sunlight is a welcome contrast to the cold and dark of Winter, and we bask in its comforts. T 
To celebrate this Sabbat, you can decorate your altar with summer flowers, herbs and fruits, and summer colors like yellow, green and blue. This is a traditional time for rites of re-dedication as well as divination related to love and romance. Keep at least one candle lit throughout the day to honor the Sun, and if possible hold your rituals at noon, when the Sun is at its highest point in the sky. Have an outdoor picnic feast to bask in the warmth of the day, and eat fresh fruits and vegetables—ideally from a farmer’s market or harvested from your own garden. This is a good time for magic related to masculine energies and any situation that needs to be “fired up” in your life.
 Lammas: August 1 or 2
Themes: first fruits, harvest, gratitude, benevolent sacrifice, utilizing skills and talents
(I don’t know what to do here. When I was Wiccan, this was one of my faves because I am obsessed with autumn but all the mythology here in the description is harvest related and I am not a farmer or about gratitude. Gratitude is lovely and I want to incorporate it into my practice but doing gratitude amongst the fall foliage aesthetic makes me think of American Thanksgiving which is super gross. This is going to need a lot of thought.) 
 Lammas rituals are related to harvest and gratitude, and recognizing the manifestations of our intentions that have unfolded so far during the course of the year. Bread-making is a common way to mark the holiday, as it represents bringing the seeds of intention into full fruition. People also might make a corn dolly—a traditional poppet made from straw—for use in ritual and magic. Decorate your altar with the colors of summer and fall—yellow, orange, red, green and brown. Use harvest imagery like scythes and baskets and, of course, loaves of bread. A Lammas feast should definitely involve bread, as well as late-summer fruits and vegetables, corn, and other grain dishes. Spellwork related to securing abundance and a happy home is particularly powerful at this time.
(see what I mean? What do I do here? Also I just glanced at the date and its early august which is hotter than the surface of the sun in the modern south where i am trapped. It doesn’t start feeling autumny down here until mid november. This one needs a lot of work)
 focus their celebrations on giving thanks for their skills and talents as well as for the grain harvest, but the emphasis is on gratitude all the same.
 Mabon: September 21-24- Autumn (or Fall) Equinox.
Themes: harvest, gratitude, abundance, balance, preparation, welcoming the dark
(wait, how is this different from lammas? I think this is the one I was actually thinking about when I said “this was one of my faves when I was actually wiccan.” My bad. Ok, I’m dumb but in my defense why do they have 2 back to back autumn colored gratitude holidays???)
Mabon falls on the Autumn Equinox and is the second of the three harvest festivals (Lammas, Mabon, and Samhain). Just like Ostara on the opposite side of the Wheel of the Year, at Mabon the days and nights are of equal length. Though temperatures may still be warm during the day, summer has truly come to an end. The leaves on deciduous trees have begun to turn colors and fall to the ground, (not in my state, homie) and there is a chill in the evening air. The days were longer than the nights until this moment, and after this the nights will begin their reign.. In these modern times, most of us are not involved in agriculture, but we can still take a moment to rest from our labor and relax, appreciating all that we have. It is a time to recognize the need for balance between work and play.
But how should you celebrate Mabon? For starters, Mabon rituals can include decorating your altar with acorns, pine cones, seasonal fruits and nuts, and/or a few of the first colored leaves that drop from the trees. (yes this was deffo the one I was thinking of, not Lammas) As with Lamas, harvest imagery like scythes and baskets can be used. (no wonder I mixed them up. They’re practically twins.) Candles and altar cloths in autumn colors like rusty red, orange, brown, and gold are appropriate. If you have a feast, whether solo or with others, include seasonal vegetables like onions, potatoes, carrots and other root vegetables. Spellwork related to protection and security is appropriate now, as are workings for self-confidence, prosperity, harmony and balance. If you are one who struggles with seasonal depression during the fall and winter months, (YUP) use this time to set an intention for inner peace and strength. You might make and charge a talisman for this purpose, to accompany you through the next two seasons. (OOH i LIKE THAT) 
When is Samhain: October 31 or November 1
Themes: death, rebirth, divination, honoring ancestors, introspection, benign mischief, revelry
The third and final harvest festival on the Wheel of the Year is Samhain, observed on October 31. This Sabbat marks the end of the growing season and the beginning of Winter, which must be prepared for now in earnest. Herbs are dried for winter storage, fruits and vegetables are canned and preserved, and root vegetables are dug up and stored so they may nourish us through the cold months. The word “Samhain” comes from the old Irish and is thought by many to translate as “Summer’s end.”
While the cycles of life and death are implicitly recognized at every Sabbat, Samhain is when the necessary role of death is formally honored. The nights grow noticeably longer with each day. The God retreats now into the shadows of the dark season, symbolically dying back to the Earth before being reborn again at Yule. Many Wiccans and other Pagans consider this to be the most important day on the Wheel, a time when the veil between the spirit world and the mundane world is at its thinnest. Our ancestors and loved ones on the Other Side are said to be more easily able to visit with us and make their presence known at this time.
Samhain is arguably the most visible Sabbat in the mainstream world, thanks to the parallel holiday of Halloween. Many of the Halloween traditions celebrated in contemporary cultures today have grown out of customs dating back to pagan times. As far back as ancient Greece, people were leaving offerings of food to their ancestors, which is echoed in the modern tradition of trick-or-treating. The practice of leaving root vegetables hollowed out with lighted candles inside, to guide spirits visiting on Earth ultimately led to today’s jack-o-lanterns. Witches, of course, have always been part of mainstream Halloween lore. 
 . We also honor our ancestors and invite them to visit with us. You might decorate your altar with pictures of your deceased loved ones in addition to fall foliage, apples and nuts, dried herbs and even jack-o-lanterns. Many people will leave a plate of food and drink out for any spirits who happen to wander by. Samhain is one of the most powerful nights of the year for spellwork and divination. Magical workings related to just about anything will receive an extra boost, but waning-moon work will have the most potent effect. Banishings, protection spells, clearing of obstacles and astral projection are particularly favored. Scrying, tarot reading, rune casting and any other form of divination you practice will bring you very clear results, as well as possibly a visit from an ancestor or spirit guide. Be open to doing inner work as well—reflecting on what you’d like to let go of and what you’d like to improve in yourself over the coming year.
(Ok now I’m going to be repetitious and re paste my list of significant dates and combine my thing with the wheel if applicable. Ran out of time midway through that so I’ll put it into tomorrow’s study notes)
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My Worst Valentine’s Day. Ever. II
Lay # 2 would be Ashley (the blonde but dull hottie) and I ‘d need to wine and dine her at her favorite elegant restaurant (as typical). Late into dinner, I would look at an “immediate e-mail” on my “Crackberry” and say sorry about having an unanticipated teleconference with a Hong-Kong-based client in 90 minutes, which would require me to go back to the workplace after supper. By then, she would have had sufficient alcohol and romantic V-Day talk for her to go along with my “fallback” for consummating Cupid Day together: I ‘d take her into the restaurant’s perfectly personal and fancy unisex restroom and fuck her between supper and dessert. With adequate wine and appeal, by that point I ‘d most likely have a 60-70% opportunity of scoring Lay # 2. She would definitely be the hardest part of my International Love Day, but I enjoyed the challenge.Lay # 3 was going
to be ghetto-girl Cassandra. After fucking Ashley, who thought I was going back to the office (where I had actually already employed sick), I would take a taxi to East Harlem, get some flowers, wine, and chocolates near Cassandra’s place, and then knock on her door at around 10:30 or11 p.m. (I told her that I wasn’t sure when my Lay # 2 – I suggest my conference call at the office – would end).
Having sex with 3 different ladies, races, income classes, cultures, and worlds – all on Love Day – would be LEGENDARY. To make it even more of a historic Valentine’s Victory, I was getting anal from Lisa and Cassandra (whom I had actually trained and charmed into giving it on a routine basis) and a minimum of doggie from Ashley (who was lastly occurring to my favorite position). If I might do all that on February 14th, it would be a personal finest for me. Something to show my crew for the glory and the laughs, or to cheer up the next friend of mine to get disposed or cheated on.So that was the V-Day dream. Now here’s the problem that ensued. Lay # 1 goes according to strategy and I even get Lisa to talk unclean to me in Cantonese during anal, which was a first for me, and a bit odd – maybe due to the fact that I usually speak Cantonese only with my loved ones. Refraining from doing that again. Anyway, Lay # 1 was an otherwise amazing start to what guaranteed to be my finest Valentine’s ever.But Lay # 2
is where it became my worst Valentine’s ever. I shower from Lay # 1, placed on my Armani fit, and take a taxi from my apartment or condo to the elegant dining establishment to fulfill Lay # 2.
Whatever is going as planned till I see that Ashley has actually hardly touched her wine glass or food after buying the priciest bottle and numerous of the most pricey meals on the menu. As I’m doing the math and understanding that I’m probably going to be stuck to a $ 400 tab for this supper date, I’m aiming to play it cool and find out how when to recommend we go to the bathroom. And just as I will lay on the Yi-Wang-Smooth, I see Lay # 1 and Lay # 3 program up to our table and take the 2 empty seats nearby.Yes, you read that correctly: Lisa and Cassandra have shown up to my dinner date with Ashley. There’s actually no other way to sum up exactly what took place next other than to give you the discussion.” Wh-what are you two doing here
?”I stammered in confused shock.”We sistah’s was havin’a lil
‘fantasy goin’ on. And we was talkin’ about our ideal Valentine’s, thinkin’we had actually all like to get a piece of you on V-Day,” Cassandra said, with vicious swagger.
“Bu-But how do you … How do you even understand each other?” I was really perplexed by this most unfortunate coincidence.
“Now, Narc, I know you is the lawyer here. However we goin’ do the deposition this time. Then you can ask yo’ dumbass questions.”
“Yes,” Lisa chimed in. “We’re asking the concerns first. What does the word ‘anal’ suggest to you?”
This was getting uglier by the minute, I thought. There truly was no simple escape, because we were sitting far from the exit and the waiters knew me from prior supper dates with Ashley and I hadn’t paid the tab yet. Why the hell was Lisa asking exactly what the word “anal” means to me?
“Um, well, I’m a quite anal person – I guess that’s why I work as a legal representative. You know, you have to be really anal to chase after commas throughout the day in various drafts of a business spin-off agreement.”
Lisa continued: “To me, anal suggests a certain degree of intimacy and exclusivity. How about you, Cassandra?”
“Damn straight. Narc ought to understand about exclusivity. ‘Cuz I know a few of ‘dem agreements you writin’ be all about that shit.”
Ashley then joined the fray: “And exactly what does the word ‘dog’ imply to you?”
Like a driver who has lost control of his car, I was bracing for the impending crash. “Well, I have actually told you that I was never ever a huge fan of pets, however I did try to make an exception for your poodle.”
“Yes, and I was never ever a huge fan of doggie, however I made an exception for you too. Somehow you made me feel special – like you deserved it.”
Lisa continued however this time in a hot and suggestive voice that practically offered me a minute of hope: “After you left my place this afternoon, Cassandra provided me a call, and we began talking about how our fantasy for Valentine’s Day was to offer an entire brand-new significance to the words ‘anal’ and ‘doggie’ – you understand, simply to take these things to another level that none people has actually ever experienced.”
If it weren’t for that Cassandra must have never had Lisa’s contact number, that could have seemed like an invite to have a kinky foursome after this disastrous dinner I had to get away. I knew that I was heading into some kind of dreadful trap but I couldn’t resist the curiosity they had actually provoked in me. So I asked Lisa, “What do you mean, take anal and doggy to another level that none people has ever experienced?”
Lisa replied, “Well, this wasn’t so simple to establish. And – as in the sexual context – the anal part was actually a bit trickier than the doggie part, best Ashley?”
“Yeah, I need to get after Jennifer anyhow,” Ashley agreed, referring to her aggravatingly barky white poodle.
“What do you imply?” I asked in dread.Ashley pulled
her distribute of her bag, holding a plastic bag of Jennifer’s poo. “This is doggie!” she stated, hurling the bag of pet dog shit all over the upper body of my Armani fit.
“And this is anal,” Lisa included, tossing her own plastic bag of crap and striking the side of my face. “It’s a bit harder to obtain than doggie, as you understand,” she added.Cassandra added the coup de grace: “And here’s yo’ second anal, Narc. ‘Cuz I was thinkin’ two anals and a dog on Valentine’s would be the SHIT.” And her bag of shit landed smack in my face.After I took
a 20-minute-dung-removal bird bath in the dining establishment bathroom, paid the $ 400 supper bill, and went out as embarrassingly red as an Asian face can get, I get a text message from Cassandra. “4 a well-read lwyer u sure is a dumbass, plannin VDay on ur fone in my bthrm after u was gettin herbal.”
And after that the complete degree of my arrogant dumbassness struck me. I had scheduled UN Love Day with Lay # 1 and Lay # 2 a few days previously, while I was taking a dump in the restroom of Lay # 3. I did this with my personal cell phone, which – unlike my work Blackberry – had no password on it. I was a bit stoned and drowsy at the time, and forgot my phone in the restroom before Cassandra and I had one more round of sex. Then I was down for the count. However not the lady. And women go to the bathroom. And if your phone is sitting there in the restroom without you and a text message gets here, they will read it, in addition to all of the other text messages. Then you’re actually fucked.After reading
Cassandra’s text, the full level of her revenge-seeking, wicked genius dawned upon me. She deliberately planned to undermine whatever AFTER Lay # 1 (Lisa, in Newark) so that I ‘d believe absolutely nothing and believe V-Day was going as smoothly as planned. Cassandra shrewdly waited up until after Lay # 1 happened prior to telling Lisa what she had actually discovered on my phone. Then the 2 of them plainly conspired with Ashley over all the details of their shitty revenge.The next night, my buddy Sammy (aka “Heeb” )dropped in my office to tell me everything about his best Valentine’s Day ever. After he closed the door, he detailed how he had actually transformed a shit sandwich into an epic rating that left him absolutely victorious. When I then told him about my actual shit sandwich, he was up to the floor laughing in uncontrolled hysteria. So for about 15 minutes, I had this brief, chubby, baldness guy on the carpet of my office shaking in violent laughter and desperately gasping for air. Then he was gloating about the whole thing for weeks after that.Whatever.
I had to let him savor the one time that he trounced me in a sex smackdown – on V-day no less. Approved, I did get some anal however I experienced it as no male ever should. The entire thing made me consistently accept monogamy. For about a week.Needless to state
, that was the shittiest Valentine’s Day of my life. Actually.
Zack Love finished from Harvard College, where he attempted to produce a bachelor’s degree in Females. With the bachelor portion of that degree in hand, he settled in New York City however – to afford leasing his bed-sized studio – found himself flirting primarily with a computer system screen and stacks of documents. Figured out not to pass away a corporate drone, Zack decided to compromise sleep for screenwriting, an active social life, and Internet start-ups offering temporary billion-dollar fantasies.To feed his steady diet plan of NYC night life, he routinely crashed VIP celebrations in the early 2000s and two times bumped into his blossoming crush, a Hollywood starlet. But -much to Zack’s surprise-neither of those awkward conversations caused marriage with the A-list actress. Zack ultimately consoled himself by picturing fiascoes far worse than those involving his celebrity crush. While doing so, he dreamed up a motley gang of 5 men inspired by a few of his college pals and quirky work coworkers. And therefore was born Sex in the Title. But the novel is not autobiographical: Zack never had his 3rd leg attacked by any mammal (nor by any plant, for that matter). In fact, keeping his member safe has been among Zack’s lifelong goals -and one of the few that he’s managed to achieve. campaign
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muzaffar1969 · 7 years
Link
http://ift.tt/2oFs3F7
Source
Have you ever thought how much credit Betterment and Wealthfront merit, for the growth in passive investing, for pushing financial inclusion, for reducing costs? Do you realize how much Robos have changed the flow of funds into ETF vehicles?
Now take a minute to look at the early signs of how Blockchain is changing Gold markets. These past few weeks, there has been a series of noteworthy announcements around Gold trading technology.
Who cares?
We are already culturally trusting Gold and therefore, anything that improves Gold’s prospects as a store of value or as a means for exchange, is significant. Gold remains a candidate for a reserve currency and can also be used as trade collateral. Gold inherently has desirable features (e.g. limited supply, fungibility, ease of exchange). However, Gold markets are surprisingly old fashioned.
Did you realize that Gold prices were fixed twice a day via a conference all, up until 2015? Did you realize that only in 2015, Gold trading switched to an electronic pricing system? However, most trading of physical buillion still occurs in the OTC market and pricing is still fixed twice daily via the futures markets.
Did you realize that there is still no reliable real time system tracking the supply-side of Gold?
Did you realize that most physical gold is centrally stored with either government entities (like the Royal Mints) or banks?
There is a lot of room for improvement in the Gold trading market. Anything that can improve price discovery, settlement, counterparty risk, verification of the underlying deliverable, tracking of the supply in the market; is significant.
Any new possibilities to replace “paper gold” with solid backing of physical gold, is also a great improvement in the Gold trading.
Paper gold includes Gold certificates issued by banks and mints that give you exposure to gold, futures accounts, ETFs ect. All these are risky in a flash crash kind of scenario, in which there is not enough physical gold to back Paper Gold.
A small taste of the complex issues from the “paper gold” market:
“Owners of gold exchange traded funds (ETFs) would be surprised and worried to discover that certain banks might be lending out gold that they have bought and believe that they own.
The leading gold ETF, GLD has been criticized by many analysts for its extremely complex structure and prospectus. Critics have also pointed out the possible conflict of interest in its relationships with HSBC and JPMorgan Chase which are believed to have large short positions in gold and overall lack of transparency. 
If as has been suggested, European banks are lending gold into the market that has come from exchange traded funds then this would validate the many concerns raised about the gold ETF market. Questions would again be asked as to whether many of the ETFs are fully backed by the gold that they claim to own in trust on behalf of clients.”Source
What is the Gold tech innovation?
Towards the end of last year there were a dozen PR press releases about the Royal mint of Canada and the UK Royal Mint experimenting with blockchain technology to essentially digitize the gold they keep stored in their vaults. Bear in mind that is a predominantly institutional market but of course, there is some value in promoting the trustworthiness of a country as a trusted big player in the Gold market.
Right now, it seems that the UK Royal Mint is a front runner as they announced just before Easter that they are live testing trading on a CME platform of a Digital Asset – The Royal Mint Gold (RMG).
This is a partnership project amongst The UK Royal Mint (TRM), CME, Alpha Point and BitGo.
CME, the largest gold futures exchange, is offering the trading platform. TRM has agreed to digitized 1 billion worth of gold that is stored in its vaults. Alpha Point, a blockchain startup, has assisted in issuing a Token (issuer is TRM) representing a piece of the gold that TRM has agreed to digitize. Alpha Point has designed the permissioned private blockchain on which the RMG token can trade. BitGo, has designed the digital wallet that can store these tokens following a multi-signature procedure.
There are others participants that have also launched similar projects (making less noise in the press). Both the Euroclear exchange and the IEX exchange have similar projects announced last Fall.  Euroclear is also experimenting with the digitization of oil. They are collaborating on the digitization of the two commodities with Paxos, a Fintech whose proprietary ledger solution focused on post-trade settlement, is Bankchain. IEX has revelaed less about their moves. They have spun off a separate entity, TradeWind Markets, that is focused on digitizating commodities for their exchange.
Alpha Point is a blockchain tech company that offers a variety of blockchain solutions (more than 20 ledgers and fabrics, ETH, R3, Hyperledger etc plus its own proprietary ledger) with a focus on solutions to digitize, trade, and manage assets with blockchain technology. You can listen to a recent interview on Futuretech Podcast of Igor Telyatnikov, the President & the COO of Alpha Point who explains AlphaPoint’s secure, scalable, and fully customizable platform that can process nearly 1 million transactions per second (recall that bitcoin blcokchains can process 7 transations per second)
RMG is the first token from a government owned entity (issued by the TRM and representing ownership of gold in their vault). We will be seeing, probably by the end of 2017, multiple issuers and multiple tokens trading on various blockchains. Most of them seem to be permissioned and private (I have partial info about this).
There are other tokens issued from private companies, when buying physical gold from them – Digix Global, CodeTract, and DinarDirham. Digix Global, for example, issues a Digix Gold Token (DGX) that represents the specific gold bullion bought through them and kept in a special, securitized vault. CodeTract’s Gold Token (GCT) or DinarDirham’s Dinarcoin (DNC) are the Digital Gold tokens if when buys gold through them respectively.
Where do we stand?
Does such kind of digitization of Gold reduce storage costs and therefore, allow to pass through these savings to investors? I think Not.
Does such kind of digitization of Gold reduce the counterparty risk associated with the entity offering the vault services? I think Not.
Does such kind of digitization of Gold improve price discovery and eventually lead to the elimination of the price fixing? I vote Yes keeping in mind that it is early stage of such a process.
What are the main benefits of the digitization of Gold with multiple issuers-tokens?  Immediate settlement of trades, secure verification of the quality underlying deliverable, tracking of the supply in the market! Replacement of “paper gold” (i.e. certificates or ETFs) by digital gold, which would mean elimination of the inherent risks associated with these derivatives in case of a bear market panic.
What is missing? Clearly, gold miners need to get involved in this process so that the digitization starts from there and not from the vaults. Clearly, the current choice of private chains creates interoperability issues.
And before wrapping up this post, I have to draw your attention to China which is testing the “waters” with Micro-Gold platforms. This is Not digitizisation of gold. This is actually growing the “paper gold” market online or via the Internet of Finance.
Tencent issued a new feature on WeChat for Valentine’s day, that allows you to send your loved ones not chocolate, not flowers, but Virtual Gold packets. This is similar to the Red envelope Wechat feature (i.e. digital money).
This feature is through a collaboration with the Industrial and Commercial Bank of China. Essentially users can easily buy and sell gold as an investment from ICBC through the messaging platform.
The minimum amount of gold that can be bought is 0.001 grams – which on February 13 was sold at 28 fen. The maximum transaction limit to buy the gold is 100,000 yuan, which can get gift givers 364.856 grams of gold at current prices. So far, the feature is only available in China.
Once the gold is bought, they can then give out up to 100 gold packets at a time, with not more than 1 gram of gold per gold packet. But for Valentine’s Day, Tencent will increase the limit to 1.314 grams per gold packet, as the numbers 1314 in Chinese sounds similar to the Chinese saying “for the rest of my life”. Source
Efi Pylarinou is a Fintech thought-leader and an investor. 
Get fresh daily insights from an amazing team of Fintech thought leaders around the world. Ride the Fintech wave by reading us daily in your email.
  April 25, 2017 at 09:38AM http://ift.tt/2oZzgUc from efipylarinou http://ift.tt/2oZzgUc
0 notes
muzaffar1969 · 7 years
Link
http://ift.tt/2oFs3F7
Source
Have you ever thought how much credit Betterment and Wealthfront merit, for the growth in passive investing, for pushing financial inclusion, for reducing costs? Do you realize how much Robos have changed the flow of funds into ETF vehicles?
Now take a minute to look at the early signs of how Blockchain is changing Gold markets. These past few weeks, there has been a series of noteworthy announcements around Gold trading technology.
Who cares?
We are already culturally trusting Gold and therefore, anything that improves Gold’s prospects as a store of value or as a means for exchange, is significant. Gold remains a candidate for a reserve currency and can also be used as trade collateral. Gold inherently has desirable features (e.g. limited supply, fungibility, ease of exchange). However, Gold markets are surprisingly old fashioned.
Did you realize that Gold prices were fixed twice a day via a conference all, up until 2015? Did you realize that only in 2015, Gold trading switched to an electronic pricing system? However, most trading of physical buillion still occurs in the OTC market and pricing is still fixed twice daily via the futures markets.
Did you realize that there is still no reliable real time system tracking the supply-side of Gold?
Did you realize that most physical gold is centrally stored with either government entities (like the Royal Mints) or banks?
There is a lot of room for improvement in the Gold trading market. Anything that can improve price discovery, settlement, counterparty risk, verification of the underlying deliverable, tracking of the supply in the market; is significant.
Any new possibilities to replace “paper gold” with solid backing of physical gold, is also a great improvement in the Gold trading.
Paper gold includes Gold certificates issued by banks and mints that give you exposure to gold, futures accounts, ETFs ect. All these are risky in a flash crash kind of scenario, in which there is not enough physical gold to back Paper Gold.
A small taste of the complex issues from the “paper gold” market:
“Owners of gold exchange traded funds (ETFs) would be surprised and worried to discover that certain banks might be lending out gold that they have bought and believe that they own.
The leading gold ETF, GLD has been criticized by many analysts for its extremely complex structure and prospectus. Critics have also pointed out the possible conflict of interest in its relationships with HSBC and JPMorgan Chase which are believed to have large short positions in gold and overall lack of transparency. 
If as has been suggested, European banks are lending gold into the market that has come from exchange traded funds then this would validate the many concerns raised about the gold ETF market. Questions would again be asked as to whether many of the ETFs are fully backed by the gold that they claim to own in trust on behalf of clients.”Source
What is the Gold tech innovation?
Towards the end of last year there were a dozen PR press releases about the Royal mint of Canada and the UK Royal Mint experimenting with blockchain technology to essentially digitize the gold they keep stored in their vaults. Bear in mind that is a predominantly institutional market but of course, there is some value in promoting the trustworthiness of a country as a trusted big player in the Gold market.
Right now, it seems that the UK Royal Mint is a front runner as they announced just before Easter that they are live testing trading on a CME platform of a Digital Asset – The Royal Mint Gold (RMG).
This is a partnership project amongst The UK Royal Mint (TRM), CME, Alpha Point and BitGo.
CME, the largest gold futures exchange, is offering the trading platform. TRM has agreed to digitized 1 billion worth of gold that is stored in its vaults. Alpha Point, a blockchain startup, has assisted in issuing a Token (issuer is TRM) representing a piece of the gold that TRM has agreed to digitize. Alpha Point has designed the permissioned private blockchain on which the RMG token can trade. BitGo, has designed the digital wallet that can store these tokens following a multi-signature procedure.
There are others participants that have also launched similar projects (making less noise in the press). Both the Euroclear exchange and the IEX exchange have similar projects announced last Fall.  Euroclear is also experimenting with the digitization of oil. They are collaborating on the digitization of the two commodities with Paxos, a Fintech whose proprietary ledger solution focused on post-trade settlement, is Bankchain. IEX has revelaed less about their moves. They have spun off a separate entity, TradeWind Markets, that is focused on digitizating commodities for their exchange.
Alpha Point is a blockchain tech company that offers a variety of blockchain solutions (more than 20 ledgers and fabrics, ETH, R3, Hyperledger etc plus its own proprietary ledger) with a focus on solutions to digitize, trade, and manage assets with blockchain technology. You can listen to a recent interview on Futuretech Podcast of Igor Telyatnikov, the President & the COO of Alpha Point who explains AlphaPoint’s secure, scalable, and fully customizable platform that can process nearly 1 million transactions per second (recall that bitcoin blcokchains can process 7 transations per second)
RMG is the first token from a government owned entity (issued by the TRM and representing ownership of gold in their vault). We will be seeing, probably by the end of 2017, multiple issuers and multiple tokens trading on various blockchains. Most of them seem to be permissioned and private (I have partial info about this).
There are other tokens issued from private companies, when buying physical gold from them – Digix Global, CodeTract, and DinarDirham. Digix Global, for example, issues a Digix Gold Token (DGX) that represents the specific gold bullion bought through them and kept in a special, securitized vault. CodeTract’s Gold Token (GCT) or DinarDirham’s Dinarcoin (DNC) are the Digital Gold tokens if when buys gold through them respectively.
Where do we stand?
Does such kind of digitization of Gold reduce storage costs and therefore, allow to pass through these savings to investors? I think Not.
Does such kind of digitization of Gold reduce the counterparty risk associated with the entity offering the vault services? I think Not.
Does such kind of digitization of Gold improve price discovery and eventually lead to the elimination of the price fixing? I vote Yes keeping in mind that it is early stage of such a process.
What are the main benefits of the digitization of Gold with multiple issuers-tokens?  Immediate settlement of trades, secure verification of the quality underlying deliverable, tracking of the supply in the market! Replacement of “paper gold” (i.e. certificates or ETFs) by digital gold, which would mean elimination of the inherent risks associated with these derivatives in case of a bear market panic.
What is missing? Clearly, gold miners need to get involved in this process so that the digitization starts from there and not from the vaults. Clearly, the current choice of private chains creates interoperability issues.
And before wrapping up this post, I have to draw your attention to China which is testing the “waters” with Micro-Gold platforms. This is Not digitizisation of gold. This is actually growing the “paper gold” market online or via the Internet of Finance.
Tencent issued a new feature on WeChat for Valentine’s day, that allows you to send your loved ones not chocolate, not flowers, but Virtual Gold packets. This is similar to the Red envelope Wechat feature (i.e. digital money).
This feature is through a collaboration with the Industrial and Commercial Bank of China. Essentially users can easily buy and sell gold as an investment from ICBC through the messaging platform.
The minimum amount of gold that can be bought is 0.001 grams – which on February 13 was sold at 28 fen. The maximum transaction limit to buy the gold is 100,000 yuan, which can get gift givers 364.856 grams of gold at current prices. So far, the feature is only available in China.
Once the gold is bought, they can then give out up to 100 gold packets at a time, with not more than 1 gram of gold per gold packet. But for Valentine’s Day, Tencent will increase the limit to 1.314 grams per gold packet, as the numbers 1314 in Chinese sounds similar to the Chinese saying “for the rest of my life”. Source
Efi Pylarinou is a Fintech thought-leader and an investor. 
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  April 25, 2017 at 09:19AM http://ift.tt/2oZzgUc from efipylarinou http://ift.tt/2oZzgUc
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