AI Jesus? No Thanks – A Machine Can’t Replace Human Forgiveness. U.S. News & World Report
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AI Jesus? No Thanks – A Machine Can’t Replace Human Forgiveness. – U.S. News & World Report
2024 Rolex Sydney Hobart – Commodores and sons make history – Sail World
It’s rare to see commodores from Cruising Yacht Club of Australia (CYCA) and its Rolex Sydney Hobart Yacht Race finishing partner, the Royal Yacht Club of Tasmania (RYCT) – both competing in the great race south however, that is the case this year.
Sam Haynes, Commodore of race organiser, CYCA and RYCT Commodore Stephen ‘Rowdy’ McCullum, are making the 628 nautical mile journey on board two very different yachts.
Commodore Haynes is the skipper of the Volvo Open 70, Celestial V70, for his 14th Sydney Hobart while Commodore McCullum is the sailing master on the Sparkman & Stephens 47, Love and War, for his 28th.
Commodore Haynes will be joined by his son William, 26. Meanwhile, Commodore McCullum’s son Jack, 31, will be in the race, but the 31-year-old shipwright and business owner will sail on the Cookson 50 Porco Rosso.
Commodore McCullum believes it’s a first to have both commodores and their sons competing in the race.
“It’s probably one of the first times in the history of the race that this has happened,” he said. “It is quite a milestone for the race. And it adds just another bit of mystery to the Rolex Sydney Hobart.”
Back together
William Haynes sailed in the 2016 Sydney Hobart on his dad’s TP52, Celestial. He grew up sailing Sabots and Flying Elevens on Sydney Harbour and participated in the CYCA’s Youth Sailing Academy programs.
These days William, soon to embark on a PHD in neuroscience, isn’t on the water as much as he used to be. But when he heard his dad was taking the boat normally known as Willow, to Hobart, the opportunity was too good to miss.
Commodore Haynes said his son had been thinking about “coming back” to the Sydney Hobart for some time.
William’s first offshore race was on the Rogers 46, Celestial, in the 2014 Sydney Gold Coast Race, which won overall. His dad hopes William will be Celestial V70’s good luck charm.
“I’m really looking forward to having him on board. It’s nice to have the camaraderie,” Commodore Haynes said.
Celestial V70 should be towards the top end of the fleet. A bit further back, RYCT Commodore ‘Rowdy’ McCullum will be on Love & War, his eighth time sailing the three-time Tattersall Cup winner in a Sydney Hobart where he is second in charge.
In the past, he sailed the race with Jack twice on Love & War and once on the S&S Yawl Kialoa II.
But this year, for his eighth Sydney Hobart, Jack will join a crew of talented young Tasmanians on Porco Rosso, which won the 2013 Sydney Hobart as Victoire.
Commodore McCullum is proud of his son’s achievements and passion for the sport.
“Jack’s been bitten by the sailing bug,” his father said. “It’s an ongoing legacy of the family. It’s always a great achievement to do a Sydney Hobart, so everyone’s pretty excited.”
As for Commodore duties in Hobart, both will have to save most of their post-race celebrations for later.
“Last time I was literally straight off the boat, straight into [an official] dinner,” Commodore Haynes said. “That was a bleary-eyed experience, but you recharge the batteries pretty quick. Hobart’s pretty good for not sleeping.”
But before official duties begin, he will be sure to have a dockside celebratory drink with William and another son, Joseph, who is flying down.
“It’s great to have family involved in the race,” Sam said. “It’s become a big part of our whole family lifestyle – Christmas, Boxing Day and then the Sydney to Hobart. And now Commodore as well. You don’t get much more involved than this.”
Six past Overall winners racing this year:
Alive (2018 and 2023)
Centennial 7 (2022), which won the race as Celestial
Love & War (1974, 1978, 2006), one of only three yachts to have won Overall on three separate occasions (Freya, Love & War, and Ichi Ban)
Porco Rosso (2013) which won as Victoire
Unicoin (1992), which won the race as Assassin
Wild Oats/Wild Rose, won in 1993 and 2014 respectively
Across China: Tea time gets healthier with rising aroma of medicinal herbal drinks – Xinhua
Source: Xinhua
Editor: huaxia
2024-12-20 16:33:15
This photo taken on Dec. 2, 2023 shows herbal tea drinks at a tea shop in Kunming, capital of southwest China’s Yunnan Province. (Xinhua)
KUNMING, Dec. 20 (Xinhua) — A number of Chinese hospitals have found their edge in the country’s growing health drinks market by prescribing herbal formulas that target minor symptoms, from calming nerves and aiding sleep to promoting healthy hair.
Struggling with insomnia, Guo Xiaofan, 26, who is a resident of Kunming, capital of southwest China’s Yunnan Province, recently turned to an online consultation platform of a traditional Chinese medicine hospital, where she was prescribed herbal tea.
Guo consumed the herbal tea by brewing the dried herbs at home and found it to be a great alternative to her habit of drinking milk tea. “The first sip tasted a bit strange, but as I continued drinking, it actually tasted quite good,” she said.
This herbal tea is based on a well-known Chinese medicine formula designed to treat symptoms of insomnia and neurasthenia. The tea includes ingredients such as sautéed jujube kernel, dried lily, poria, and albizia bark.
The Yunnan Traditional Chinese Medicine Hospital has recently launched five herbal medicine formulas for oral consumption. On the first day of the market release, 10,000 doses were sold.
Wan Xixi, deputy director of the hospital’s medical administration department, said that these formulas are crafted based on prescriptions from renowned traditional Chinese medicine practitioners.
Each dose of herbs is individually packaged and can be brewed or boiled for easy consumption at home. “These bags of dried herbs are not available for purchase on the market. To obtain them, individuals must consult a doctor for a prescription, as they are tailored to specific syndrome differentiation,” Wan explained.
In recent years, an increasing number of health-conscious young people have developed a strong interest in such medicinal herbal tea drinks.
According to a consumer behavior survey on the Chinese herbal tea drink industry conducted by data analysis provider iiMedia Research earlier this year, more consumers are paying attention to and trying herbal drinks, with purchase intentions steadily rising.
In addition to their health benefits, prescription herbs for drinking are generally more affordable than tea beverages, which further contributes to the growing market share of herbal drinks.
A white-collar worker surnamed Huang from Hangzhou, capital of east China’s Zhejiang Province, recently purchased several types of herbal remedies for drinking through the online platform of Zhejiang Provincial People’s Hospital.
“I bought five doses of each type. With medical insurance coverage, the total bill came to less than 100 yuan (about 13.9 U.S. dollars), which I think is very reasonable. After drinking, I felt the effects were quite good,” he said.
Many Chinese hospitals, especially traditional Chinese medicine hospitals, have become keen on promoting their special herbal tea formulas, some of which change seasonally. For example, in summer, they focus on formulas of smoked plum tea for relieving summer heat, and in winter, herbal tea formulas for clearing throat get more popular.
In addition to hospitals, many pharmacies, including the time-honored traditional Chinese medicine brand Beijing Tong Ren Tang, have seen a boost in herbal tea sales.
The pharmacies clearly remind buyers that, while some herbs are available in drink form and others, like Chinese yam and coix seed, which can be consumed as food, these herbal formulas are still considered medicine. Therefore, they should be taken under proper medical supervision.
According to the data from iiMedia Research, the Chinese herbal drinks market reached a size of 41.16 billion yuan in 2023 and is expected to surpass 100 billion yuan in 2028. ■
This undated photo shows a staff member making herbal tea drinks at a tea shop in Xining, northwest China’s Qinghai Province. (Xinhua)
Benin Church seeks to regulate deliverance and healing ministries – La Croix International
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The Episcopal Conference of Benin organized a forum to address the increasing demand for deliverance ministries, training laypeople to assist with exorcisms due to a shortage of priests. The forum focused on proper prayer practices and the importance of obedience in ministry.
Catholic bishops in Benin recently hosted the first national forum on healing and deliverance ministries, aiming to train laypeople to address the growing demand for exorcism in response to rising cases of demonic attacks and witchcraft.
“There is an increasing amount of spiritual suffering due to the rampant attacks of witchcraft,” observed Capuchin Father Aubin Aguessy, national chaplain of Charis — the federation of charismatic associations in Benin. He is supported by Father Pamphile Fanou, an exorcist from the Archdiocese of Cotonou. “When we see everything happening today, we must acknowledge that the devil is unleashed,” Father Fanou said.
Initiated by the Bishops Conference of Benin, the first edition of the national forum for Catholic leaders confirmed in the ministry of healing and deliverance was held November 29-30 in Dassa-Zoumé, in central Benin. It was held in response to numerous cases of possessions and demonic attacks, with the church seeking to train laypeople to fill the gap left by a shortage of exorcist priests.
“In the last two years, I’ve seen things I’ve never encountered in 22 years of exorcism: many cases of child witchcraft, complex pacts made unconsciously by young people, attacks of all kinds,” detailed Father Fanou, who has been the president of the Association of Exorcists of Francophone Africa since 2017. In this context, and with the shortage of priests in some regions of Benin, the church has decided to train laypeople capable of responding to this high demand.
“To laypeople filling this gap, we want to teach them which prayers they can say, how far they can go in a deliverance prayer, and when to call upon an exorcist,” explained Father Fanou, outlining the goal of the forum. “Many faithful, in response to the growing demand, pray over the sick, practice the ministry of deliverance, and there have been some deviations.” According to the exorcist, “It is time to do something to prevent another situation like the one in Banamè from happening.”
Banamè is the name of a small village near Abomey in Benin, where a woman who called herself “Parfaite,” meaning “Perfect,” claimed to be the Virgin Mary, the Holy Spirit, and God the Father. Several hundred priests and laypeople seeking miracles joined the young woman, and, in 2011, they launched a sect known as the “Private Catholic Church of Banamè,” with teachings opposed to the Catholic Magisterium and claiming ecclesiastical titles and offices.
From November 29 to 30, the 220 participants in the forum, from the ten dioceses of Benin and even dioceses from neighboring Togo, heard from several experts. On the first day, Father Donatien Amégée, national chaplain of the Catholic Charismatic Renewal, addressed participants on the approach recommended by the Dicastery for the Doctrine of the Faith for the exercise of deliverance ministry.
The chaplain explained that “before exercising the ministry of deliverance, it is necessary first to discern whether the person needs deliverance or another type of ministry.” As for the steps to take during a deliverance session, he recommended that, “if possible,” it should include prayer, conversation, and an encounter with Jesus. Thus, “every deliverance should begin and end with prayer,” emphasized Father Amégée.
In the homily of the closing Mass of the national forum November 30, Bishop François Gnonhossou of Dassa-Zoumé and president of the Episcopal Commission responsible for laity, family, and life, urged participants to “never be sorcerers, miracle makers or cheap, merchants of illusions.”
As “missionaries sent, accredited by the church,” he called them to obedience and humility. “Any charism not exercised in obedience is an open door to the devil,” warned Bishop Gnonhossou. “We must be vigilant not to fall into the trap of pride, a vice and a capital sin that distances us from God and opens the door to the devil.” He added, “When we lack humility in exercising our charisms, our talents, we succumb to the temptation of pride, which leads us to think that we are smarter than the church.”
Board of Elementary and Secondary Education Announces Application open for Next K-12 Commissioner – Lynn Journal
Wellesley – The Massachusetts Board of Elementary and Secondary Education announced today that it is accepting applications for the next Commissioner to lead the Department of Elementary and Secondary Education (DESE). The DESE Commissioner works closely with the Board and the Healey-Driscoll Administration to advocate for Massachusetts’s public elementary and secondary schools and works to strengthen the impact, accessibility, and quality of elementary and secondary education across the state.
The Board is looking for a forward-thinking, data-driven educator and a proven leader and manager within complex, multi-tiered systems. The successful candidate will demonstrate effectiveness in devising imaginative approaches that serve students, teachers, and their school communities, an unwavering commitment to the transformational power of elementary and secondary education, and a clear track record of dismantling systemic inequities and improving the experience of all students, particularly those from marginalized communities and experiences. Importantly, the next Commissioner will champion DESE’s educational vision.
“The Healey-Driscoll Administration, in partnership with the Board, has made progress, moving towards realizing an education system that truly delivers a high-quality, high-relevance education to every student in Massachusetts, regardless of their zip-code, background, or circumstance. The next Massachusetts K-12 education leader will be pivotal in this mission and driving continued efforts to provide all students with the opportunity to realize their dreams and thrive,” said Education Secretary Dr. Patrick Tutwiler.
“The Massachusetts Board of Education is the longest standing board in America, founded by the father of public school education Horace Mann himself, and is committed to ensuring that every child in the Commonwealth has equitable access to an excellent public school education,” said Board of Elementary and Secondary Education Chair Katherine Craven. “We are seeking a commissioner who has demonstrated success in collaborating with local districts to create innovative learning opportunities for all children, and a proven leader with great results in closing persistent achievement gaps.”
The Board has retained Isaacson, Miller to support the hiring process and has over the past month gathered feedback from stakeholders inside and outside of government about what people want to see in the next Commissioner. This has included public comment sessions and over 150 responses to a public survey. Chair Craven has also convened a Preliminary Screening Committee made up of the Chair, Secretary Tutwiler, Member Dr. Ericka Fisher, Member Dr. Martin West, and over 20 other key stakeholders.
Interested candidates can find the application and community members can nominate someone, provide feedback, and stay up to date on this process online at Doe.mass.edu/commissioner-search/.
The Massachusetts Department of Elementary and Secondary Education (DESE) serves more than 900,000 preK-12 public school students, more than 20,000 adult learners, and more than 75,000 educators in the state’s 400 school districts. The Department’s educational vision calls for all students to be known and valued; learning experiences to be relevant, real-world, and interactive; and for individualized supports to enable students to excel at grade level or beyond.
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Is the Honey browser extension legit? What is the controversy? – inews
IMPARTIAL NEWS + INTELLIGENT DEBATE
Getting the best deals on last-minute Christmas shopping may not be as easy as it first seems
Christmas shoppers hoping to get last-minute bargains online have been warned not all deals may be as good as they first seem.
Research by one YouTuber has raised concerns about a web browser extension which claims to find the best discount codes when shoppers are purchasing online.
Online content creator Megalag carried out a deep dive into the Honey web browser extension and alleges it less of a sweetener and more of a “honey trap”
Investigative YouTuber Megalag alleges, in a video posted 21 December here, the free web browser extension is not necessarily finding the best discount codes for shoppers.
He said “You know what they say ‘if a product’s free, it’s likely you are the product’ and as you’ll find out in the investigation that remains true for PayPal Honey.”
Instead, he has claimed it promotes specific discount codes either exclusive to Honey or to its business partners ignoring ones which may offer better savings.
He said: “It turns out one of the key benefits for stores partnering with Honey is they have full control over which coupon codes go live on the platform.”
And he claims the firm is also reattributing sales made from an social media influencer’s site and taking credit for the transaction.
When influencers endorse a product, they often recommend links to purchase it and in return get a percentage of the sale.
But Megalag says if shoppers click on these links with the browser extension installed then the sale is reattributed to Honey.
He said: “The company is quietly picking money out of their (influencers) very own pockets”.
Shoppers seeking the best deals are advised to conduct their own independent research, rather than relying on tools such as Honey.
The i Paper has approached PayPal Honey for a response to these allegations.
Honey was founded in 2012 by entrepreneurs Ryan Hudson and George Ruan as a free web browser extension, which automatically applies online coupons and discount codes on eCommerce websites.
In 2020, it was purchased by the online payment system PayPal for $4bn (£3.1bn) and in June 2022 it was renamed PayPal Honey.
Users can install it for free as a mobile app and browser extension to helps save money when shopping online.
It is set up to save users time and money by searching the internet for the best existing coupon codes for the products being purchased.
And it will search for the best available price for a product.
Impartial news + intelligent debate
All rights reserved. © 2024 Associated Newspapers Limited.
Helicopters rescued patients in ‘apocalyptic’ flood. Other hospitals are at risk, too. – The Atlanta Journal Constitution
Helicopters rescued patients in ‘apocalyptic’ flood. Other hospitals are at risk, too. The Atlanta Journal Constitution
source
Syria says 14 security personnel killed in ambush by Assad loyalists – BBC.com
Syria's new rebel-led authorities say supporters of ousted President Bashar al-Assad have killed 14 interior ministry troops in an "ambush" in the west of the country.
They say 10 other troops were wounded in the fighting on Tuesday near the Mediterranean port of Tartous, a stronghold of Assad's minority Alawite Muslim sect.
The clashes with pro-Assad loyalists are the first direct challenge to the authority of Syria's de facto leader Ahmad al-Sharaa.
Assad's presidency fell to rebel forces led by al-Sharaa's Islamist Hayat Tahrir al-Sham (HTS) faction just over two weeks ago.
Security forces launched an operation in Tartous province on Thursday, according to state news agency Sana, in a bid to "restore security, stability and civil peace".
Sana reported that the forces had "neutralised… a number of remnants of Assad's militias" in the Tartous countryside, and that it was pursuing others.
Reports say the security forces had earlier been ambushed as they tried to arrest a former officer in connection to his role at the notorious Saydnaya prison, close to the capital, Damascus.
The UK-based monitoring group Syrian Observatory for Human Rights (SOHR) said three "armed men", which it did not identify, were also killed in the clashes.
The SOHR added that the security forces later brought in reinforcements.
In a separate development, the Syrian authorities imposed an overnight curfew in the central city of Homs, state media reported.
Reports say this followed unrest over a video purportedly showing an attack on an Alawite shrine.
The interior ministry said the footage was old, dating back to a rebel offensive on Aleppo in late November, and the violence was carried out by unknown groups.
The SOHR said one demonstrator was killed and five wounded in Homs.
The former rebels now in charge of Syria are grappling with the challenge of providing safety and stability across the country.
Syrians are looking to them to protect the rights of people from a variety of backgrounds as well as providing justice for those who lost relatives under the Assad dictatorship.
Demonstrations have also been reported in Alawite-dominated areas including the cities of Tartous and Latakia, and Assad's hometown of Qardaha.
Alawites are an offshoot of Shia Islam to which many of the former regime's political and military elite belonged, including Assad's family.
The Alawite community is fearful of revenge, with members blamed for the torture and killing in Syria under Assad.
Former officers are refusing to hand over weapons and locals in some towns suggest they want to fight back, which appears to have been the case in Tartous.
There have been calls from Alawite religious leaders for a general amnesty for Alawites – but this is unlikely because of the many alleged war crimes conducted by its members.
Although al-Sharaa has bolstered security in Alawite towns and cities in an attempt to maintain order, if his forces do launch a campaign to arrest Assad loyalists, they risk further destabilising an already fragile country.
Tens of thousands of people were tortured to death in prisons in Syria, and thousands of families are still waiting for answers and for justice.
Syrians are calling for those responsible to be held to account – the very thing that members of the Alawite are worried about.
The HTS-led lightning offensive that started from Syria's north-east and spread across the country ended more than 50 years of rule by the Assads.
Assad and his family were forced to flee to Russia.
HTS has since promised to protect the rights and freedoms of many religious and ethnic minorities in Syria.
The group is designated as a terrorist organisation by the UN, the US, the EU, the UK and others.
On Tuesday, protests broke out in the country over the burning of a Christmas tree, prompting fresh calls for the new authorities to protect minorities.
A group of women from diverse backgrounds have helped each other adapt to life in County Tyrone.
Christians demonstrate to urge Syria's new Islamist leadership to protect minorities.
Ursa Major ran into trouble in the Mediterranean between Spain and Algeria, with two crew still missing.
Following reports in Turkish media, a Kremlin spokesman denies Asma al-Assad wants to divorce her husband and leave Russia.
Feras Killani grew up in Yarmouk in Damascus, which saw brutal fighting between rebel and government forces.
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Ukraine promises sanctions in response to Russia's use of Bitcoin in international trade – Ukrainska Pravda
Ukraine has announced “sanctions and other solutions” to block Russia’s unwanted cryptocurrency payments.
Source: Vladyslav Vlasiuk, Advisor to the president of Ukraine and Commissioner for Sanctions Policy
Details: Vlasiuk recalled that Russian companies started using Bitcoin and other digital currencies for international payments after changes in legislation allowed such transactions in order to counter Western sanctions.
Quote from Vladyslav Vlasiuk: “Are we at all surprised? No, we were, without exaggeration, the first to draw our partners’ attention to such plans of the enemy back in the summer. Appropriate sanctions and other solutions to block the possibility of using unwanted cryptocurrency payments are already being prepared.”
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Japan’s Reluctance to Adopt Bitcoin as a Reserve Currency: Government Stays Cautious – The Currency Analytics
The Currency analytics
Cryptocurrency News – REAL News ® – TCAT
The global debate about Bitcoin’s role in government reserves intensifies, Japan’s government has expressed caution, signaling that it is not ready to follow the lead of countries like the U.S. in adopting Bitcoin as part of its foreign exchange reserves.
The conversation surrounding Bitcoin as a potential reserve currency gained significant momentum earlier this year when U.S. lawmakers, including Senator Cynthia Lummis of Wyoming, introduced a bill advocating for the U.S. government to invest in Bitcoin. The idea behind this initiative is that Bitcoin, with its growing institutional adoption, could offer a hedge against inflation and help offset national debt. Some high-profile figures, such as Fundstrat’s Tom Lee and MicroStrategy’s Michael Saylor, have suggested that creating a Bitcoin reserve could also provide geopolitical advantages. However, Japan, a country known for its progressive stance on technology, has yet to show similar enthusiasm.
Satoshi Hamada, a current member of Japan’s House of Councillors, recently urged the Japanese government to consider purchasing Bitcoin with a portion of its foreign exchange reserves. His suggestion echoes the growing interest in digital assets as a potential store of value, particularly in the wake of the U.S. government’s exploration of Bitcoin as an alternative to traditional reserves like gold.
However, the Japanese government’s response has been far from enthusiastic. Prime Minister Shigeru shiba made it clear that Japan does not have detailed knowledge of the U.S.’s moves regarding Bitcoin reserves. This cautious stance underscores the government’s reluctance to adopt a radical approach to its foreign exchange strategy, particularly in the face of Bitcoin’s inherent volatility.
The Japanese government has emphasized its commitment to maintaining the safety and liquidity of its foreign exchange reserves. With Bitcoin’s price fluctuations and regulatory uncertainty surrounding cryptocurrencies, it remains a volatile asset that many governments, including Japan, are wary of incorporating into their official reserves.
Bitcoin’s adoption has surged in recent years, with institutional investors and corporations showing growing interest in the cryptocurrency. Despite this, Bitcoin is still viewed by many as an unpredictable asset. The Japanese government, while acknowledging Bitcoin’s potential, seems unwilling to take on the risk associated with holding a portion of its reserves in such an asset.
The idea of a Bitcoin reserve has not only captured the attention of Japanese officials but has also been a topic of discussion in other parts of the world. The U.S. government’s interest in Bitcoin as a potential reserve asset gained significant attention earlier this year following the introduction of Senator Lummis’s bill. The proposal suggested that the U.S. could buy Bitcoin to help alleviate national debt and diversify its reserve assets.
Advocates for a Bitcoin reserve, including prominent figures like Michael Saylor of MicroStrategy, argue that it could offer both financial and geopolitical benefits. They believe that shifting a portion of the U.S. government’s reserves from gold to Bitcoin could help strengthen the country’s position on the global stage. In particular, they point out that Bitcoin, with its decentralized nature, could serve as a hedge against geopolitical risks and offer a more flexible store of value than traditional assets like gold.
Anthony Scaramucci, founder of Sky Bridge Capital, also weighed in on the debate, predicting that if the U.S. were to establish a Bitcoin reserve, other central banks around the world would be forced to follow suit, potentially leading to a global shift in reserve currency strategies.
While the idea of a Bitcoin reserve has garnered support from some corners, it has also faced significant criticism. Opponents argue that such a move could lead to a transfer of wealth from governments to Bitcoin holders, benefiting a small group of investors rather than the general public.
Miles Jennings, a partner at a16 Crypto, criticized the notion of a Bitcoin Strategic Reserve, calling it a scheme that would prioritize the interests of profiteers over those of entrepreneurs. He argued that creating a Bitcoin reserve could be seen as a transfer of wealth from the government to those who already hold significant amounts of Bitcoin, rather than a practical solution to national debt or economic stability.
Japan has long been a leader in cryptocurrency adoption, with one of the first countries to regulate and embrace digital currencies. In 2017, Japan officially recognized Bitcoin as legal tender, and the country has since seen a thriving crypto industry. However, Japan’s approach to digital assets has always been measured and cautious, focusing on regulation and ensuring that the sector remains secure for investors.
The Japanese government’s reluctance to consider Bitcoin as a reserve currency may reflect a broader concern about the stability and future of cryptocurrencies. Despite Japan’s early adoption of Bitcoin and other digital assets, the government has consistently emphasized the importance of stability in its financial system.
As global interest in Bitcoin as a potential reserve currency continues to grow, Japan’s government remains skeptical. While the U.S. explores the possibility of a Bitcoin reserve, Japan has made it clear that it is not ready to follow suit. The government’s focus on maintaining the safety and liquidity of its foreign exchange reserves, coupled with Bitcoin’s volatility, means that Japan is unlikely to adopt such a strategy in the near future.
While Japan’s cautious stance may change as the cryptocurrency market matures, for now, the country appears to be taking a wait-and-see approach, carefully considering the risks before making any significant moves. Whether other nations will follow the U.S. lead remains to be seen, but for Japan, Bitcoin as a reserve currency is not on the horizon.
Mike T, an accomplished crypto journalist, has been captivating audiences with her in-depth analysis and insightful reporting on the ever-evolving blockchain and cryptocurrency landscape. With a keen eye for market trends and a talent for breaking down complex concepts, Mike’s work has become essential reading for both crypto enthusiasts and newcomers alike. Appreciate the work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9
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