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The startup city: a new but increasingly popular concept that is working its way into places like Miami, Zagreb, Sofia and other areas that are becoming increasingly friendly to digital nomads and remote workers. As the internet makes working from anywhere easier than ever (and Covid-19 pushes more people into online work) people aren’t constrained by their physical location and are choosing to move to areas that they not only find more physically appealing (or cheaper), but are also congregating according to ideas. …


This piece is a commentary/extension of thoughts in relation to @balajis’ original piece on 1729.

Balaji’s recent piece “Founding vs Inheriting” is a needed commentary on the changes that have taken place in our western society over time — decades upon decades in which change has occurred bit by bit as institutions have been relied upon simply because they worked before, rather than daring to question whether or not they actually work now. When society becomes accustomed to success, it slowly ceases to pursue it — and Balaji’s review is an effective take on old habits built on old foundations…


A little over ten years ago, an anonymous developer known only as Satoshi unleashed an unstoppable new form of money into the world. In the years that followed, that invention spread, grew, and garnered global influence, reserving a space on the balance sheets of major corporations while knocking sternly at the door of printer-happy central banks. It’s this same controversial nature that has led many to acknowledge that Satoshi’s decision to remain anonymous may in fact have been one of the great gifts imparted to his technology.

Removing a central figure as a fulcrum of influence, for better or worse…


Originally published at https://fossilfuel.com on January 18, 2020.

Hurricane Ivan was the strongest storm since Hurricane Andrew 12 years before. And while hurricanes are a regular occurrence in the Gulf of Mexico — to be expected and prepared for by every producer operating in the Gulf — Ivan’s wave heights blew through the 100-year design criteria intended to weather the storm. Multiple rigs in the Mississippi Canyon Block 20 area reported damage, but the one sustaining the most extensive destruction kept it hidden for years.

API RP A2

Spills, leaks, and fires are a common occurrence in the Gulf of Mexico. Though the…


The derivatives market is one of the most influential markets in the world, due to its size and interconnectedness with every other market. In the movie The Big Short, derivatives were briefly discussed as one of the underlying catalysts that caused the financial crisis of 2008. The biggest thing about derivatives is that, due to their versatility, they can be applied to almost any financial instrument — from stocks to mortgage bonds — inflating the events in any given market due to their ripple effect. Simultaneously, the term “derivative” will also just about instantly put to sleep anyone who’s not…


Originally published at https://raterush.com on January 11, 2020.

It’s wildly true that your personality vastly affects your financial decisions. Sometimes, even people who are struggling with why their strategy isn’t working (or is too stressful!) may find it’s because the strategy at hand simply isn’t suited to their personality. Your personality affects your relationship to money, but it also affects your goals, which are generally the whole reason people try to wrangle their money in the first place. Many, many finance websites have profiled “the” four, six, or nine different personality types when it comes to investing and finance. …


Ten years is a long time in technology years. Ten years ago, the smartphone had just come into being. Ten years before that, the internet had just been born (as far as being accessible to the public, anyway). And now here we sit, in 2020 — entering a new decade and with a world vastly changed from the one twenty years before. Fintech, the name aptly given to the combination of finance and technology, has provided convenient solutions to legacy products that promise to continue developing into the future. …


British Petroleum has had a seat on the board of Russia’s Rosneft for almost a decade, controlling almost 20 percent of the Russian energy giant and making BP Rosneft’s largest shareholder. An unexpected partnership, perhaps — but more so, an expedient one. Amongst a storied history in Russia, the origins of BP’s partnership with Rosneft go back to one of the largest disasters in the field of energy’s history.

Deepwater Horizon

On the night of April 20, 2010, situated above almost 5,000 feet of water and tapping into a well that extended 18,000 feet into the earth, the Deepwater Horizon oil rig…


Humans have sought interconnectivity with each other since early days, and throughout history there have been specific technological developments that have each spurred human interaction significantly forward. As early as 3500BC, one of the earliest technological developments was written language. Allowing people to interact with one another more decisively regardless of physical distance, written language offered early humans an efficient and accurate system with which to facilitate trade, cultural expression and person communication. The desire to connect even inspired the development of written languages in separate parts of the world simultaneously. As technology advanced, faster and more cohesive ways of…


Consuming on average around twenty billion barrels of oil per day, the U.S. is stringently dependent upon fossil fuels. This dependence has had a marked influence on global politics and has over the course of decades directed U.S. policy both home and abroad. Shaping the international order for much of the last two centuries, global influence — whose is growing and whose is waning — is inextricably linked with oil.

“Oil is like a wild animal. Whoever captures it has it.” (J. Paul Getty).

The Age of American Oil

America rose to prominence on the tide of black gold. During the “Black Gold Rush” that…

aslan

Researcher, writer, thinker. Financial markets, crypto and society.

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