Sunday, 25 April 2021

Another country have just banned cryptocurrencies


After many Asian countries had introduced tougher regulation with regard to all use of cryptocurrencies, last week the Turkish Central Bank banned payments in Bitcoin, Ethereum, Tether, etc. According to the Central Bank, cryptocurrencies aren't subject to any central regulatory authority, and their market value can be excessively volatile.

In addition to this, Bitcoin and other cryptocurrencies may be used in illegal transactions due to their anonymous structures. I was astonished to hear that the Turkish Central Bank also said that wallets can be stolen or used without the authorization of their holders. The regulation outlaws the use of  cryptocurrencies to pay for goods and services. Meanwhile, Bitcoin and Ethereum plunged to their lowest level in nearly two months. 

When we own cryptocurrencies we don't have anything in terms of dividends or profit. Cryptocurrency's value only increases when more people participate, and when fewer people participate the value decreases. This is a structure that creates a great deal of risk. 


Sunday, 11 April 2021

Italian food

It seems that many people around the world think Italians are so obsessed with food. Actually, we (Italian people) have a bond with food, as it gives a sense of identity.  

In certain periods of history some foods were created and have become traditional and typical dishes of Italian culture. An article summarizing the relationship between Italians and food, just published in BBC website by Anna Bressanin, explains that in Italy "sharing a meal means daily joys, problems and sometimes our deepest neuroses and issues". It is an act of social conviviality that the author of the article defines as "a collective catharsis through pleasure".



I don't want to get off track, but increasing demand from East Asia, climate change, water shortages and pandemic-hit supply chains are all pushing up food prices.

Thursday, 1 April 2021

Growing list of countries to suspend the Anglo-Swedish vaccine


On Tuesday, 30th March, Germany became the latest in a growing list of countries to suspend use of Oxford-AstraZeneca vaccine to younger age group. Health Ministry had found 31 cases of a type of rare blood clot among nearly 2.7 million people who received the vaccine in Germany. 

Obviously, the European Medicines Agency said there was not enough evidence to establish a link between the problem and the vaccine.

Meanwhile, trees blooming and flowering announce the beginning of Spring and new life.