JP Morgan Sued Tesla For $162 Million, Elon Leaves One-Star Yelp Review

Recently, JP Morgan Chase sued Tesla over $162 million in stock warrants. According to the lawsuit, JP Morgan accused Musk’s electric vehicle company Tesla of stiffing the bank on a deal that the bank helped arrange in 2014. Bloomberg explains the complicated financial details of the deal of stock warrant deals. JP Morgan filed the…

China Bans Bitcoin: Bitcoin and Crypto Transactions Illegal

China bans Bitcoin, marking a major reversal of Chinese policy. Now, China has banned all cryptocurrency transactions in China. So, this ban includes transactions using Bitcoin. China’s central bank says that the country considers all cryptocurrency transactions in the Chinese economy as subverting the Chinese government’s monetary control. Bitcoin and cryptocurrencies like it use a…

Thanos Syndrome: How Not to Deal with Resource Scarcity

Thanos Syndrome is the belief that when a human population is facing resource shortages, the immediate solution should be to reduce the number of people. Who is Thanos? In the Marvel Cinematic Universe, super villain Thanos is from planet Titan. Thanos wants to collect the six Infinity Stones that would give him infinite power. Once…