Some Thoughts On Climate Change
Business and profit
Capitalists, oftentimes foreign companies, have used developing countries in providing cheap labor and accessed its natural resources for their business and profit. It is also apparent here how capitalism has shaped the world.
The politics in the geographical area has to ensure the protection of the interest of the people and the environment. But most of the time, laws favor those who have the power and wealth and their interests take precedence over the common good. Capitalism has changed how people treat nature.
Meanwhile, the surrounding areas are made vulnerable to climate change. Experts believed that crisis such as climate change was also a time for restructuring. In discussions about climate change, there should be inclusive and sustainable development.
Creating different opportunities
Inclusive development aims to lift people out of poverty by creating different opportunities for them to participate in decision making and proper allocation of the benefits of progress and development. Sustainable development is the paradigm that aims to meet the needs of the people, especially the poor, but also keeping in mind the limitations within our means so that the future generations can still meet their own needs during their time.
Underdeveloped geographical spaces
These endeavors aspire to reduce inequalities and take actions to mitigate the effects of climate change, especially in underdeveloped geographical spaces. Capitalists and wealthier nations are entrusted to be accountable to the communities where they conduct their businesses. Developing nations are given the opportunity to increase their capacities and resources that would help them fight the effects of climate change.
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Changes in our surroundings
However, there has been to clear laws and regulations to be implemented to ensure the protection of the interests of the people and the environment. There have to be sanctions for violations to inhibit exploitation or discourage indifference to the changes in our surroundings. We have to realize that while development is uneven and inequality is inevitable, we must protect each and every one and give each person an equal fighting chance to survive the changes in the climate wherever they may be so that they can thrive in this world that we live in.
The Impact of Bitcoin Development on Geography in Africa
Among the many new technologies that have surfaced in the past couple of years, the digital currency bitcoin has garnered a fair amount of attention in both the econometrics and financial econometrics worlds. This has led to a plethora of research on the African crypto market. The blockchain, which is a database that operates as a distributed ledger many major live casinos add Bitcoin as a payment method, is one of the underlying technologies that underpin cryptocurrencies such as bitcoin. The digital currency is expected to be a boon to the African economy, and experts have put together a variety of research on its prospects in the continent.
The study is divided into two sections, and the first is an examination of the econometrics and financial metrics surrounding the world’s first crypto currency. The second part of the study is a survey of the country’s business and economic policies. The study examined four broad categories: monetary freedom, business freedom, regulatory efficiency, and market openness. The World Bank threw its weight behind a slew of metrics, including the aforementioned. The study found that the aforementioned was a relative laggard when compared to the more traditional economic metrics.
While the world’s first crypto currency, bitcoin, was the ostensible star of the show, the most intriguing innovation may have come in the form of a P2P platform. These platforms allow users to directly transfer funds, thereby eliminating the middleman. It is estimated that such transfers could reduce corruption and spur the growth of real assets. However, the most exciting applications of the technology may be yet to come.
The study was also interested in the spatial implications of the crypto coin. It found that while the amount of money necessary to mine bitcoin is more than the average person’s budget, it is also unlikely that such a feat will occur any time soon. This may be attributed to the lack of a global regulatory framework for the crypto-currency, and the resulting movement of miners across the world. The study found that Austin, Texas, was a prime mining locale, due to its cheap electricity and a relaxed regulatory environment. A similar pattern is seen in the state of Illinois.
The study also examined the geographical impact of the crypto-currency’s corresponding technology, the blockchain. The technology is a distributed database that operates as a ledger, akin to the way that a public key and signature system works. The system is capable of verifying the validity of a large amount of information, thereby eliminating the need for third party validation. This may be the best way to ensure the credibility of digital assets.
While the study did not find any real-world implications, it did identify the most noteworthy aforementioned. The most noteworthy thing about the crypto-currency is that it may be the only truly secure form of electronic payment that can be used in the developing world, where governments have traditionally stifled technological innovation.