Lifeboat Foundation

Just a few months ago, Augustín Carstens, the general manager for the Bank for International Settlements (BIS), the so-called central bank for central banks, said his organization saw no value in the potential of central-bank-issued digital currencies. Well, he’s apparently had a change of heart, and the entrance of Facebook and other “big techs” into financial services appears to be the reason.

The news: Carstens told the Financial Times that the BIS is supporting the “many” central banks currently developing or researching digital currencies. “And it might be that it is sooner than we think that there is a market and we need to be able to provide central bank digital currencies,” he said.

The context: Many other central bankers have dismissed cryptocurrencies like Bitcoin, which tend to be volatile and whose most popular use has been speculation. But Facebook’s proposed digital currency, Libra, will be backed by fiat money and designed to maintain a stable value.

The oldest plant ever to be regenerated has been grown from 32,000-year-old seeds—beating the previous recordholder by some 30,000 years. (Related: “‘Methuselah’ Tree Grew From 2,000-Year-Old Seed.”)

A Russian team discovered a seed cache of Silene stenophylla, a flowering plant native to Siberia, that had been buried by an Ice Age squirrel near the banks of the Kolyma River (map). Radiocarbon dating confirmed that the seeds were 32,000 years old.

The mature and immature seeds, which had been entirely encased in ice, were unearthed from 124 feet (38 meters) below the permafrost, surrounded by layers that included mammoth, bison, and woolly rhinoceros bones.

A new study by researchers from the Dexeus Women’s Health research network in Barcelona found that frozen sperm samples survived when exposed to microgravity.

That could mean that sperm banks in space are possible, providing future space travelers with the ability to reproduce in space with sperm samples brought up from Earth.

“Some studies suggest a significant decrease in the motility of a human, fresh sperm sample,” Montserrat Boada who presented the research yesterday at an annual meeting in Vienna, Austria, said, as quoted by The Guardian. “But nothing has been reported on the possible effects of gravitational differences on frozen human gametes, in which state they could be transported from Earth to space.”

Cryonicists are banking on the idea that future technology will allow preserved bodies to be brought back to life.

Today, Facebook is coming together with 27 organizations around the world to start the non-profit Libra Association and create a new currency called Libra.

Libra is a global cryptocurrency built on blockchain to promote financial inclusion. Libra is digital, mobile, stable, fast, cheap and secure. Read the Libra White Paper.

Libra’s mission is to create a simple global financial infrastructure that empowers billions of people around the world. It’s powered by blockchain technology and the plan is to launch it in 2020. You can read more about the association here: https://libra.org/&h=AT0Vpgfo9yMWI9A93aDq0V-7D3PwK9TiZGZ…la1VStESZA

Being able to use mobile money can have an important positive impact on people’s lives because you don’t have to always carry cash, which can be insecure, or pay extra fees for transfers. This is especially important for people who don’t have access to traditional banks or financial services. Right now, there are around a billion people who don’t have a bank account but do have a mobile phone.

Updated 5 p.m. Eastern with corrected quote provided by the company in final paragraph.

WASHINGTON — Small launch vehicle Vector has hired a new chief financial officer who previously held similar positions at Blue Origin and Sierra Nevada Corporation.

Vector announced June 12 Stephanie Koster as its new CFO, leading the company’s finance and business operations. Koster joined the company in March, according to her LinkedIn profile.

Continue reading “Former Blue Origin and SNC executive joins Vector” »

There is a new battery type being hyped, with terms such as “Quantum Glass” battery or even “The Jesus Battery” and a claim that “It Will Ignite the Global $3 Trillion Electric Car Revolution.” Go and see it for yourself at investorplace.com (video transcript available from me), Forbes, and other financial information services.

This touted breakthrough in battery technology is the latest in a slew of innovative ideas that include “batteries made with sand,” “stretchable batteries,” “foam batteries,” “pee powered batteries,” “laser-made micro-super-capacitors” and more (13 Amazing Battery Innovations That Could Change The World).