“The anti-traditional attitude encourages precisely the contrary tendency, namely the paying of more attention to applications than to principles, to effects than to causes, to symptoms rather than to disease — and still less to health —, to the absence of open warfare rather than to the things that make peace.
This mental habit, which is all the more dangerous in that it is largely unconscious, lies at the root of most of our troubles, and so long as it is prevalent among us we shall be condemned to remain the dreamers that we are, instead of the men of awareness that we might be.”
“The anti-traditional attitude encourages precisely the contrary tendency, namely the paying of more attention to applications than to principles, to effects than to causes, to symptoms rather than to disease — and still less to health —, to the absence of open warfare rather than to the things that make peace.
This mental habit, which is all the more dangerous in that it is largely unconscious, lies at the root of most of our troubles, and so long as it is prevalent among us we shall be condemned to remain the dreamers that we are, instead of the men of awareness that we might be.”
— Marco Pallis, “The Active Life”
BY Перечитывая Генона
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Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. “Once a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,” says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means it’s not controlled by any one organization. “It’s like a Google Doc that anyone can work on,” says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. “Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.”
That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.
