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Monsterverse fans, rejoice - we finally have our first glimpse of the highly-anticipated TV expansion Monarch. Apple TV+ just dropped a thrilling teaser trailer for the sci-fi saga, also revealing it will premiere November 17. Based on Legendary's hit Godzilla/Kong film series, Monarch promises to delve deeper into the titanic universe through an epic three-generation family drama. Anchored by franchise veterans Kurt Russell and Wyatt Russell as a father-son pair of Titan-hunters, the teaser suggests rich world-building and spectacular monster action. The 10-episode first season hails from executive producers like Godzilla vs. Kong's Chris Black, tracking a brother and sister following their father's footsteps into the mysterious Monarch organization. The multi-timeline story spans from the 1950s to the present day, peeling back Monarch's buried ties to the resurgence of mythical beasts. Ren Watabe and Kiersey Clemons in âMonarch: Legacy of Monsters,â premiering November 17, 2023 on Apple TV+ Beyond the Russell clan, the ensemble cast boasts Kiersey Clemons, Ren Watabe, Joe Tippett, and more. Acclaimed director Matt Shakman helms the first two episodes, promising a cinematic scale befitting Monsterverse's larger-than-life appeal. Monarch marks a major investment for Apple TV+ as it expands its selection of sweeping sci-fi epics, which already includes hits like Foundation, Invasion, and See. This extended Monsterverse series presents a perfect opportunity to delve into unanswered questions and new monster mythologies. With its November 17 premiere timed for maximum buzz, Monarch is poised to be a major attraction this fall for sci-fi and monster action fans. Anders Holm and Mari Yamamoto in âMonarch: Legacy of Monsters,â premiering November 17, 2023 on Apple TV+ The brief teaser suggests expansive world-building well beyond the films. So get ready to dive back into Legendary's Monsterverse and witness the titanic legacy unleashed when Monarch arrives on Apple TV+.
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REVIEW // RWBY | 6.13 |Â âOUR WAYâ
AKA the welcome home.
Welcome in to my review of the thirteenth chapter, and the finale, of RWBYâs sixth volume, entitled, âOur Wayâ.
In this episode: Light reigns. Greetings are extended. Darkness gathers.
Rise.
TELL THEM â I CAME THE LONG WAY ROUND.
Iâve praised the overall efficiency of this season of RWBY; for the most part, and particularly in the second half of the season, the episode times have been spent wisely, hitting plot points without sacrificing too much build up or leaving us feeling too shortchanged when itâs truly mattered.
But that want to tell expansive, multi-character stories within these kinds of thinned-out structures is always like playing with fire, because one inevitably risks running into one of two things: not doing as much as it can, or trying to do far too much.
And this has been the story of RWBY for all of this season. They nailed that balance, in my opinion, for the first half of the season, by anchoring the story to Team RWBYâs struggles and smartly dotting other teases around the perimeter. But introducing Argus meant introducing a new setting, new side characters, and a new sub-antagonist, all while needing to marry with those established setups â creating a readjustment period which the show then struggled to leverage into anything truly remarkable â and somehow running into both of the above problems.
Question: Do we particularly like Argus, after all this? Itâs a nice enough town, with fairly chill people, and that was definitely a breath of fresh air after the darkness of Haven last season, and traipsing through the snowy woods in the first half of this season. But beyond it being the home of the Cotta-Arc family, and providing a truly heartfelt moment remembering Pyrrha, I canât see that itâs left much of an impact. All the action happened outside of the town itself, and ultimately, it was just another pit stop on the way to Atlas.
There are two principle reasons for that. First is the antagonist â despite the actual mechanics of her character arc working really well, Caroline Cordovin has done very little for me. Sure, she plays a big part in the story, and is ultimately somewhat redeemed by taking down the Leviathan, but when you sit back and look at the wider context of the season, and realise that she, this gatekeeper figure, was the seasonâs most prominent character antagaonist, itâs a bit unimpressive. Adam played his part, but that part was to essentially appear out of nowhere and die, while the seriesâ biggest antagonists were kept to the sidelines, even after a number of promising teases.
The second reason Argus has struggled is the lack of a meaningful mooring point. The most appealing characters Argus gave us, in Saphron and Terra Cotta-Arc, were introduced immediately, as well as given an interesting potential subplot thread. Unfortunately, nothing came of it, and their role in the story was quickly reduced to shepherding the protagonists out of town, with a minimum of callback to that tease. If the protagonistsâ escape had been more strongly linked to a local subplot, then the experience would have felt more important than it does now, which is really a bit of a blip.
It adds up to a story which didnât do as much as it could have in defining the basics, and then tried to do a bit too much. A difficult situation, to say the least, and the way it wraps up in this finale doesnât fix or really even attempt to justify some of the seasonâs recent creative directions.
Say, if the Argus story weâd had drip-fed to us had ended with a Grimm fight at least matching the intensity of Blake and Yang vs Adam or Gang vs Cordovin, then sure, I wouldnât be so irritated by how this Leviathan element was executed. But in this finale, there was no epic battle, no time for any drama to build. The big moment just kind of ⌠happened, and then we moved on.
It was a great moment, donât get me wrong. Seeing Ruby facing off solo against this huge monster was a big deal, and I got quite emotional at seeing all the flashes of her memories as she tried to summon her Silver Eyes. I liked the swell of that moment, and how it finished with Cordovin remembering her purpose and using the mecha suit for the thing for which it was designed.
But this âbattleâ did not justify how the Leviathan was so clumsily inserted into the story at the end of the previous episode â the creatureâs presence hammered in the consequences of the Gang vs Cordovin fight, but really it just existed as a plot device to redeem Cordovin and give Ruby a reason to try her Silver Eyes in earnest.
And ultimately, that was the clear, main objective of this now âin the interimâ season, to take Ruby and properly work on her character to the point that someone like myself, who was always just âokâ with her, is now very positive about her and her position in this story, going into the seriesâ likely final phase.
So here we finally are. In Atlas. Where a lot of things will surely come to a head, and in time, this transitional season will not be remembered as being too difficult of an experience â just a necessary step to get to the big stuff. But right now, in this moment, having spent the past fourteen weeks thinking about the ways that this seasonâs story was developing, I canât help but be a little bit flat about it all. Especially when it promised so damn much in the early going.
OBSERVATIONS
Keep in mind that when I talk about the antagonists, obviously Iâm putting the Grimm in a separate category â they donât have characters, after all.
Do I even have to say that I loved the post-fight interactions between Blake, Weiss and Yang? You know I did. As weird as this show has been to follow at times, the best part of it has always been its characters, and these days I can definitely admit my attachment to these three girls, and Ruby now as well.
I believe thatâs the first time weâve seen Neoâs semblance in action â materialisation, seemingly hologram-based in nature.
So, Ozpin helped Oscar safely crash the airship previously, then disappeared again. All right then.
I almost screamed when I saw Summer Roseâs face reveal, I will not lie. The whole animatic was very emotional, especially seeing its progression, and how just the thought of Pyrrha caused Ruby to lose control of her positive energy.
I noticed a couple of spots where the animation seemed to lose or skip some frames â Cordovin leaping at the Leviathan and when Salem shrouds herself in darkness to cut the episode to black.
I like that the main parameters for Volume 7 are already being laid down â everyone is going to Atlas, and things are going to burn.
It seems like the overarching story is proceeding into its end phase, and there is probably a larger discussion to be had about how the rest of the series will unfold on a structural level. RT seem to be scaling back focus on this show as they move onto other projects. I suppose it makes sense â this series is well past the point of having âpotentialâ, and has probably already peaked at a commercial level, so all thatâs left to do is manage what remains. It will be interesting to see what happens going forward in terms of production and output for RWBY.
GRADE: C+
As a finale, âOur Wayâ is a very appropriate encapsulation of season sixâs latter half â charged with very good psychology and enough baked-in character work to carry its stories, but also guilty of not doing the best it can with some of its ideas. This was the moment to pay off the seasonâs recent efficiency with something epic or escalated, but instead it rushes through a number of its important story beats and moves on without batting much of an eyelid. Even though big things are being set up for future stories, the lack of depth in the overall Argus storyline hurts this finaleâs attempts to serve as a definitive, grand closer. However, it does complete the season-long ascension of the Main Heroine with emotional aplomb, and leans on its strong characters to the point that it becomes ⌠fine.
Volume 6 of RWBY is a strange beast, stranger than Volume 5âs up-and-down swings, or Volume 4âs all-consuming melancholia. What makes this the case is that it opened by serving up six episodes of consistent, quality storytelling, only to run into roadblocks of its own creation in the latter seven episodes. Some of the worst parts of this season? The meandering in Argus, dropping the âtension within Team RWBYâ angle as soon as theyâd reached Argus, and the meagre, in hindsight, teases of the antagonists âmaking movesâ but not really doing that much. Some of the best parts of this season? The constant focus on character, the attention paid to the fight psychology, the reestablishment of Team RWBY as a unit, the focus put on Blake and Yang, and the unwavering effort to solidify Ruby Rose as the primary heroine. â KALLIE
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Meena Rezkallah, P.Eng.
Apr 7
4 min read
1.5.1 Primary vs. Secondary Loads
Markl's investigation of the fatigue problem, following the earlier recognition of the maximum stress theory of failure, led to identification of the basic problem in the design of piping systems. Not one, but two different criteria must be satisfied, one for primary loads, which may lead to single application catastrophic failure, and one for cyclic, displacement-drivenloads that may lead to fatigue failure (especially in the vicinity of fittings and other discontinuities) after repeated applications. The main characteristics of these two different types of loads are described below:
Primary Load Characteristics: Â
Primary loads are usually force driven (gravity, pressure, spring forces, relief valve, fluid hammer, etc.). Â
Primary loads are not self-limiting. Once plastic deformation begins it continues unabated until force equilibrium is achieved (through change of the external boundary conditions or through material strain hardening), or until failure of the cross section results. Â
Primary loads are typically not cyclic in nature (and those that are, such as pulsation or pressure variation, show characteristics of both primary and secondary loads). Â
Allowable limits for primary stresses are related, through failure modes such as those advanced by the Von Mises, Tresca, or Rankine theories, to the material yield stress (i.e. the point where plastic deformation begins), the ultimate strength, or, for sustained loads only, to time-dependent stress rupture proper-ties(such as creep characteristics). Â
Excessive primary load causes gross plastic deformation and rupture. Failure may occur with a single application of the load. Note that failures that occur due to single load applications usually involve pressure (hoop stress) design failures and are not directly addressed by CAESAR II or by the flexibility stress requirements of the codes. Such pressure design requirements are encompassed in the minimum wall thickness requirements discussed in detail in separate sections of the codes.
Secondary Load Characteristics: Â
Secondary loads are usually displacement driven (thermal expansion, imposed anchor movements, settlement, vibration, etc.). Â
Secondary loads are almost always self-limiting, i.e. the loads tend to dissipate as the system deforms through yielding or deflection. Â
Secondary loads are typically cyclic in nature (except settlement). Â
Allowable limits for secondary stresses are based upon cyclic and fatigue failure modes, and are therefore limited based upon requirements for elastic cycling after shakedown and the material fatigue curve. Â
A single application of the load never produces failure. Rather catastrophic failure can occur after some (usually high) number of applications of the load. Therefore, even if a system has been running successfully for many years, it is no evidence that the system has been properly designed for secondary loads.)
Several examples should help illustrate:
Primary Stress Failure: Springs were improperly sized to support the weight of the valve operator on a system. When the line was filled for hydrotest, everything (stresses and displacements) appeared fine, since the pipe could support the moment imbalance at ambient temperature. However, heating up the fluid (and pipe) during startup, the valve sagged and the guardrail was crushed in less than 30 minutes due to the decrease in strength at the operating temperature.
Steps to failure: Â
Weight loads were improperly accounted for. (The primary stresses were too high.) Â
At operating temperature there was a resulting drop in material strength. Â
Gross deformation began almost immediately and continued until force equilibrium was achieved (the spring bottoming out).
Secondary Stress Failure: After 12 years of successful operation, inspection of the inside surface of a vessel revealed fatigue cracks in the vicinity of a piping nozzle connection. A subsequent analysis showed that a temperature increase in the adj acent vessel and piping system (along with a relocation of pipe restraints for the new operating conditions) made several years ago caused the stresses to exceed the expansion allowables. Even though the calculated stress range at the junction was well over 470,000 psi, the junction survived several years because of the self-relieving nature of the thermal load, and the fact that the system cycled fewer than a dozen times over the two year period.
Steps to failure: Â
Thermal allowables were exceeded by mistake. Â
After about a dozen applications of the excessive load, cracks formed on the highly stressed inside surface of the vessel at the junction with the nozzle.
Therefore, code compliance requires that the piping system be checked for both types of loading â primary and secondary. The basic steps involved in doing code compliance are outlined below:
Compute the primary stresses, i.e. the stresses due to the sustained primary loads, usually weight and pressure, and those due to the occasional primary loads, such as earthquake, wind, fluid hammer, etc. Â
Compute the range of the varying stress, i.e. the expansion stress range. Â
Compare the primary stresses to their allowables, which is based on a factor of safety times the hot yield stress. Â
Compare the expansion stress range to its allowable, which is a factor of safety times a value vaiying with the number of cycles such that it fits the material fatigue curve (adjusted for mean stress), but never exceeds the sum of the hot and cold yield stresses. Â
Note that due to the shakedown effect, and the fact that the primary and secondary stresses have different failure criteria, these two load types are reviewed in isolation. Therefore, it should be stressed that, as far as most codes are concerned, there is no such thing as "operating stress".
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Introduction to Pipe Stress Analysis
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Wiebe: Eyes on the prizes - Who are the early 2018 MLS award favorites?
May 18, 20181:48PM EDT
Weâre 30 percent of the way through the 2018 season â 114 of 391 games in the books â and thereâs no easier way to take an easily digestible snapshot of the year so far than to handicap Major League Soccerâs award season far, far in advance.
Below are my top three candidates, a dark horse choice, my current pick for the award and a prediction for who will actually take the hardware home in November when we vote for real.
Agree? Disagree? Have your own ballot? Drop it all in the comment section below and enjoy your weekend! If you only watch one game, make it Atlanta United vs. the Red Bulls on Sunday (7 pm ET | FS1, TSN â Full TV & streaming info). Or watch them all. Your choice.
Rookie of the Year
Orlando City SCâs Chris Mueller is off to a stellar start to his MLS career | Isaiah J. Downing -USA TODAY Sports
Top 3: Chris Mueller (ORL), Alex Roldan (SEA), Corey Baird (RSL) Dark horse: Handwalla Bwana (SEA) My pick? Chris Mueller (ORL)
You only get to âborrowâ celebrations if you score goals, and Muellerâs got three already while proving he can be productive at the next level after a jaw-dropping senior season at Wisconsin (9 goals, 20 assists). Heâs still raw, but heâs direct and fearless. For the time being, Jason Kreis appears to prefer Mueller to Josue Colman.
Who will win: Grant Lillard (CHI)
Surprise! If Lillard isnât on your radar, then you just havenât been watching the Fire. Heâd be in my top three, but I donât hear much chatter about the Homegrown central defender out of Indiana, thus the switcheroo above.
Since coming back from a left knee injury, Lillard has five starts under his belt as he eases into what Chicago hope is the beginning of a long career anchoring their backline. Heâll win, because few first-year attacking players are able to sustain their production over a full season and Lillard will fill a huge hole all year long in Chicago. Consistency and impact wins out.
Newcomer of the Year
Kaku leads Major League Soccer with seven assists | Brad Penner -USA TODAY Sports
Top 3: Carlos Vela (LAFC), Ezequiel Barco (ATL), Kaku (RBNY) Dark horse: Felipe Gutierrez/Johnny Russell (SKC) My pick? Carlos Vela (LAFC)
Six goals, five assists in 10 games while leading LAFC to the best start in expansion history ⌠and I expect him to get even better as the season goes on. More on that in a bit.
Who will win: Kaku (RBNY)
Barco is going to make a run at this one if he stays healthy, but itâll be his countryman (errrrr, of a fashion) in New York who ends up with the honor. The Red Bulls dropped serious coin on Kaku, and their new No. 10 already has three goals and seven assists in his first eight MLS games.
Says here heâll end the season with a double-double and somewhere around 25 goals scored and created plus a U.S. Open Cup triumph. You better believe thatâs a straight-up guess. Iâm sorry for cursing you, Red Bulls fans.
Defender of the Year
Jonathan Mensah has anchored the Crew SC defense | Bill Streicher-USA TODAY Sports
Top 3: Michael Parkhurst (ATL), Tim Parker (RBNY), Harrison Afful (CLB) Dark horse: Jonathan Mensah (CLB)
Câmon â you knew I would get him in here after that 2017 prediction tire fire. Seriously, though, heâs been a beast. Adapting to MLS took the Ghanaian about six months. Granted, those were a tough six months âŚ
My pick? Michael Parkhurst (ATL)
Is Parkhurst the most under-appreciated player in MLS? His career is something else â go look at the year-by-year breakdown for a lesson in consistency â and being 34-years-old doesnât seem to have slowed him down at all. If anything, heâs even more calm and composed. Atlantaâs current dominance is a two-way street, and Parkhustâs side of the block is spick-and-span.
Who will win: Harrison Afful (CLB)
I have no idea who the defender with the most shine on them will be in the fall. That mostly depends on goals allowed and where the narratives take us. Yes, this is a bit of a cop out.
Admittedly, this is a tactic to soften up voters. Center backs get all the love, and itâs time an outside back won the award. Afful has been the best in MLS this season, and Crew SCâs story this year will revolve around Gyasi Zardes and team ethos. Afful ought to feed the former and embody the latter.
Goalkeeper of the Year
Matt Turner entered preseason as the Revs No. 3 goalkeeper and has started every game | Troy Taormina -USA TODAY Sports
Top 3: Tim Melia (SKC), Zack Steffen (CLB), Jimmy Maurer (DAL) Dark horse: Matt Turner (NE) My pick:? Tim Melia (SKC)
Turnerâs been quietly excellent. Who would have thought Brad Friedel would have a feel for goalkeepers? Same for Steffen and Maurer. On a more random note, pour one out for the Impactâs Evan Bush. Poor guy has already faced 85 shots on goal, 29 more than any other âkeeper in MLS.
My pick is still Melia. He makes the routine look routine and has a knack for the spectacular when the game demands it.
Who will win: Tim Melia (SKC)
You thought that Sporting KC backline had lost a step, huh? Yeah, nahhhhh. Melia and the boys appreciated your concern, but theyâre back to piling up shutouts and wins. Same as it ever was. That means a back-to-back for Melia. Heâll have earned it.
Coach of the Year
Bob Bradley has LAFC firing on all cylinders | Kirby Lee -USA TODAY Sports
Top 3: Tata Martino (ATL), Peter Vermes (SKC), Bob Bradley (LAFC) Dark horse: Brad Friedel (NE) My pick? Bob Bradley (LAFC)
Best start in expansion history, a smidgen better than the 1998 Chicago Fire, who were coached by ⌠you guessed it. All those questions we had about LAFC? Answered, and now theyâre reloading with even more talent. Itâs nice to see a Bradley team play week-to-week again.
Who will win: Tata Martino (ATL)
LAFC are going to be finish third in the Western Conference, an expansion season that gets mentioned in the record books, but Atlanta United run away with the Supportersâ Shield, challenging the all-time points per game mark (2.13; LA Galaxy, 1998). For that sort of dominance, the Argentine gets his just reward.
Most Valuable Player
A healthy Mauro Diaz is back to his influential self with FC Dallas | Kevin Jairaj -USA TODAY Sports
Top 3: Bradley Wright-Phillips (RBNY), Carlos Vela (LAFC), Miguel Almiron (ATL) Dark horse: Mauro Diaz (DAL) My pick? Miguel Almiron (ATL)
I remain baffled by the fact that Almiron often finds himself in enough space to turn and run at opposing backlines. Mark that man! Or donât, because when the Paraguayan turns and runs, thereâs no better viewing in MLS. Heâs the best player for the best team in the league. Depending on your taste, heâs the best player in the league. That = MVP. Just ask Martino.
Asked if Almiron is #mls mvp one-third of way through season, Martino said absolutely.
â Doug Roberson (@DougRobersonAJC) May 18, 2018
For the record, I love BWP. Heâs having a magnificent season that I expect will be indicative of his entire campaign. Please hold your outrage.
Who will win: Carlos Vela (LAFC)
Almiron hasnât been shy about his European ambitions, and clubs are going to be beating the door down this summer, testing the resolve of Atlanta United â and perhaps more importantly â the player and his representation. The Five Stripes arenât afraid to cash in (see Carlos Carmona), but moving Almiron midseason with the Shield, USOC, MLS Cup and a Concacaf Champions League berth at stake would be surprising (and require a whole lot of coin).
For the sake of this column, they sell. Too much money, time to reinforce in the transfer window and a stacked squad that picks up the slack to win the clubâs first silverware.
That means Vela is your Landon Donovan MLS MVP, the most dominant singular attacking force in the league. The Mexico international comes back from the World Cup, gets a quick breather to jell with the teamâs new faces and then eviscerates all comers through October as LAFC grab a home playoff date in Year 1.
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Wiebe: Eyes on the prizes â Who are the early 2018 MLS award favorites? was originally published on 365 Football
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Crypto News - This Week in Crypto: May 18, 2018
This Week in Crypto: May 18, 2018 This Week in Crypto Please Sir, Can We Find the Floor? The marketâs looking for support, folks. Ever since Bitcoin failed to break $10k, assets across the board have been bleeding and prices have yet to find a floor. If you were hoping for a post-Consensus p... You May Likes reading: Also Read: Latest Crypto News
This Week in Crypto: May 18, 2018
This Week in Crypto
Please Sir, Can We Find the Floor?
The marketâs looking for support, folks. Ever since Bitcoin failed to break $10k, assets across the board have been bleeding and prices have yet to find a floor.
If you were hoping for a post-Consensus pump per historical precedent, I wouldnât hold my breath. With a total market capitalization of $366bln, Consensus did little to save the market from the 4.6% drop it experienced over the course of the week. Sure, the loss isnât catastrophic, but it is the second week in a row that weâve seen negative price action.
As we watch Bitcoin flirt with $8k, expect lower prices still if we drop below this support level.
Bitcoin:Â Cryptoâs #1 is down 6% on the week, holding just above the $8k threshold at $8,080.
Ethereum:Â Ethereum hasnât moved much at all to speak of. At $675, itâs almost exactly where it was last Friday, only losing 0.4% over the week.
Ripple: In the same boat as Ethereum, Ripple is (almost) keeping its head above water, as itâs down just 1.4% at $0.66.
Domestic News
Circle Raises $110mln in Series E Funding, Partners with Bitmain, Stable Coin in the Works: Peer-to-peer payment company Circle, who purchased Poloniex exchange earlier this year, just raised $110mln in its latest round of venture capital investing. The series E investment round has the rising blockchain company valued at $3bln, with Bitmain, one of the worldâs largest mining hardware producers, committing the most funding and forging a partnership with Circle in the process. Per this partnership and Circleâs new strategic financing campaign, the company plans to develop its own stablecoin (USDC) along with CENTRE, an open-source network for converting physical and digital assets into stablecoins.
As well as their key support for CENTRE and USDC, @BITMAINtech is also leading a $110M series E strategic investment in Circle. Weâre over the moon to have one of the most important and forward-thinking companies join our investorâs list. Welcome, @BITMAINtech pic.twitter.com/uP249k1ZLT
â Circle (@circlepay) May 15, 2018
Israel-Based Exchange eToro Announces Expansion to US: After raising some $100mln in March, eToro will establish a headquarters in the United States. With offices in Tel Aviv, London, and Limassol, the North American head quarters will be the companyâs first foothold in the Western Hemisphere, and the multi-asset trading and brokerage firm expects to have cryptocurrency trading available for US residents later this year. âWe believe we are going to see trillions of dollars moving into crypto and blockchain assets, and as we are one of the largest players in Europe and expanding to Asia as well; it seems logical to also have a significant footprint in the U.S,â Yoni Assia, eToroâs CEO and founder told Bitcoin Magazine.
Gemini Exchange Announces Fiat Support for Zcash, a First for Privacy Coins: Privacy coins just received a noteworthy buff to their legitimacy. This week, the Winklevoss-owned Gemini exchange announced that it would open Zcash markets on its platforms, with future plans to add Litecoin and Bitcoin Cash. The listing comes after Gemini, a fully licensed exchange under New York state law, received approval from the New York State Department of Financial Services to list the privacy coin. As the first fiat pair for a privacy coin on a major, regulated exchange in the US, the development is proof that coins with anonymity protocols can âcoexist with regulatory compliance,â Josh Swihart, Zcashâs Marketing Director conveyed to Bitcoin Magazine.
United States SEC Creates a Mock ICO to Teach Investors a Lesson in Investment Temperance:Â In its latest campaign against cryptoâs unscrupulous actors, the US Securities and Exchange Commission is embedding itself with the enemyâkind of. The regulatory agency recently launched HoweyCoins, an overtly-fake ICO whose website features many of the warning signs that have become hallmarks of fraudulent projects looking to make a quick buck. If you attempt to invest in the ICO, youâll be redirected to a web page that warns you against buying into projects like HoweyCoins, complete with a laundry list of red flags to look out for when shopping for your next moonshot.
LedgerX Establishes First Ever Bitcoin Savings Account with Clearance from United States CFTC: LedgerX, a crypto asset management platform, debuted a new option for its Bitcoin services this week. The savings account feature allows users to earn USD alongside their Bitcoin holdings, offering them the option to execute a call overwrite, a contract which allows LedgerX users to sell call options on their holdings in three or six month periods. LedgerX is able to offer the unprecedented savings account and call overwrite feature thanks to its registration with the CFTC as a swap execution facility (SEF) and a derivatives clearing organization (DCO).
Amazon Web Services Partners with ConsenSys to Deliver Kaleido, An All-in-One Blockchain Network for Enterprises: Web services and online retail giant Amazon is officially in the blockchain game. This week, the company unveiled Kaleido, a blockchain software as a service kit available on the Amazon Web Services Marketplace. Built with help from Ethereum incubator ConsenSys, the software allows its users to manage their own private chain that stays anchored to and consistent with Ethereumâs public chain. The product is meant to be âan all-in-one blockchain platform aimed at speeding and simplifying enterprise use of the technology.â
J.P. Morgan Unveils Prototype for Its Capital Markets Blockchain Platform: At Consensus this year, J.P. Morgan Chase & Company presented a prototype for its blockchain platform. The platform was built to simplify and streamline securities transactions, which currently must run through multiple avenues before changing hands from one party to another. J.P. Morganâs executive director of the Blockchain Center of Excellence, Christine Moy, told the Wall Street Journal that â[the] promise of natively issuing financial instruments on blockchain is that you can share that infrastructure.â
Whatâs New at CoinCentral?
Cryptopia CEO Alan Booth on the Cryptocurrency Exchange Realm:Â See what Cryptopiaâs CEO has to say about the state of crypto exchanges in our exclusive interview.
How Blockchain Can Fill the Gap in Cybersecurity and AI:Â Could blockchain tie up loose ends in these industries? We certainly think so.
Ethereum Futures Contracts Have Officially Arrived:Â The first ever fully-licensed Ethereum derivatives launched on the UK-based Crypto Facilities exchange this week.
What is Bytom (BTM)? | Beginnerâs Guide:Â Learn more about Bytom with our handy beginnerâs guide.
How to Pay Your Bills with Bitcoin:Â The option is out there if you know where to look.
Bittrex vs. Bitfinex Exchange Comparison:Â See how two of the spaceâs heaviest hitters stack up against each other.
Crypto Crimes: ICO Scams, Robbery, and Money Laundering:Â In the digital wild west, best to keep all sensitive information close to your chest.
Who is Brock Pierce? Blockchain Capital, EOS, and the John Oliver Takedown:Â He lives in Puerto Rico, doesnât pay a penny in taxes for his crypto gains, and has become one of the more controversial figures in the crypto space over the course of his career.
Why Blockchain Technology Will Be Essential for the Trust Economy:Â âTrustâ and âtrustlessâ get thrown around in this industry a lot, so what does blockchain mean for the trust economy?
Sold! CryptoKitty gets auctioned for $140,000 at the Codex Art Auction:Â They thought it wouldnât go for more than a few ten thousand dollarsâboy was that a conservative estimate.
Proxeus CEO Antoine Verdon on Making Blockchain Accessible to All:Â Antoine Verdon has some great insight into how we can make decentralized networks even more available to those who need their services most.
Autonomous Trucking and Blockchain Technology: Advancing Supply Chain Oversight:Â Blockchain and autonomous freight lines; have we entered the future? Maybe not yet, but weâre getting there.
What is Libra Credit: Digital Assets as the Future of International Credit: Libra Credit is offering an Ethereum-based decentralized lending ecosystem that helps users get open access to credit anywhere at anytime.
What Are the Potential Benefits and Impacts of Bitcoin Donations on Charity:Â Philanthropy without having to rely on a central intermediaryâsign us up.
How Blockchain Services Will Transform the Global Economy:Â Weâre already starting to see the effects take place, but this is just the beginning.
Partnering with ConsenSys, Amazon Web Services Launches Kaleido Blockchain Platform:Â Kaleido is an Ethereum-based protocol that is meant to streamline blockchain integration for enterprises.
Bitcoin Cash to Hard Fork: 32MB Block Size and Smart Contracts:Â Preparing for BCHâs hard fork, we interviewed Alejandro de la Torre, VP of Business operations at BTC.com.
Doug Polk Podcast Features: Halsey Minor of CNET and VideoCoin:Â One of our websiteâs founders, Doug Polk, featured entrepreneur Halsey Minor on his podcast.
Ledger Co-founder Thomas France on Coin Support and Staying Ahead of Hackers:Â Hear what the co-founder of the worldâs most popular hardware wallet has to say about the projectâs future and its commitment to security.
Why Are More Governments Stopping Bitcoin Mining Operations?:Â With crypto on the radar of the international political scene, governments are snuffing out mining farms.
Now There Are Cryptocurrencies for Retirees, As Well:Â We canât make this stuff up, folks. The article speaks for itself.
What is Elix / Elixir (ELX)? | Beginnerâs Guide:Â Learn all about Elixir with our in-depth beginnerâs guide.
United States SEC Creates Scam ICO as a Warning to Investors:Â HoweyCoins is the SECâs most novel attempt yet to keep you from signing up for the latest less-than-legit ICO.
Chinese Govt. Releases Crypto Ratings, Ethereum Comes in First While Bitcoin Lags Behind:Â The ratings on part of the Chinese government are the public complement to Weissâ private, subscription-based ratings.
Jihan Wu: A Story of Bitmain, Twitter Profanity, & BCH Evangelism:Â Prolific and contentious, youâve likely seen Jihan Wuâs name thrown around in the cryptocurrency spaceâbut in what context, exactly?
Top 5 Upcoming Mainnets Scheduled for Q2 2018:Â Stay in the loop with this quarterâs most anticipated mainnets.
Cryptocurrency News from Around the World
Ethereum Futures Contracts Hit the United Kingdom Trading Scene: The UK-regulated cryptocurrency exchange Crypto Facilities opened up trading for Ethereum futures this week. With the May 11 debut, the futures became the worldâs first fully-regulated Ethereum derivatives. âEther is the second most liquid cryptocurrency after Bitcoin, trading in the billions of dollars daily, and we are excited to be launching ETH futures. The Ethereum network is the pre-eminent blockchain for smart contracts, and we believe this new trading instrument will attract more investors and bring greater liquidity to the marketplace,â Crypto Facilities founder Timo Schlaefer said in regards to the developments.
Our ETH/USD Futures contracts are live!
Contract Specs â https://t.co/vDr9Cj4ZKo
Start trading now â https://t.co/dSN7CWqpPr#ETH #ethereum #Futures pic.twitter.com/fIfle36sql
â Crypto Facilities (@CryptoFLtd) May 11, 2018
Russia Weighs Legislation to Include Digital Economy Standards in Civil Codes:Â Russiaâs lower legislative house, the State Duma, will hold a first reading for a bill that proposes including standards for cryptoâs emerging digital economy in the Russian Federationâs Civil Codes. Overseen by the Committee for Legislative Work, the bill could âminimize the existing risks of using digital objects for transferring assets into an unregulated digital environment.â While, if signed into law, the bill would mean smart contracts are treated as written consent for legal proceedings, it does not grant cryptocurrencies status as legal tender under Russian law.
Ethereum Alliance Rolls Out Technical Standards for Enterprises, First Universal Specifications: At this yearâs Consensus conference, the Ethereum Alliance announced that it has delivered on a promise it made at the Blockchain Expo World Series in London last month. The working group has released a client that âwill give businesses and developers a comprehensive, instantly accessible view of the enterprise environment using Ethereum,â the group claims. âThe EEAâs Enterprise Ethereum Specification is the result of 18 months of intense collaboration between leading enterprise, technology and platform members within our technical committee. This EEA open-source, cross-platform framework will enable the mass adoption at a depth and breadth otherwise unachievable in individual corporate silos,â the group continued.
Second Largest Stock Exchange in Germany is Planning a Fee-Free Crypto Trading App: With the hopes of launching an easy-to-use, convenient trading app, Stuttgart BĂśrse, one of Germanyâs premier stock exchanges, unveiled plans for its own cryptocurrency trading service this week. Developed with help from Sowa Labs, the app, called Bison, will feature zero fees and markets for Bitcoin, Ethereum, Ripple, and Litecoin, and it is expected to be in the hands of consumers by fall of 2018. The app also comes with its own AI service, Cryptoradar, which allegedly will deliver daily, real-time analysis of crypto markets with data collected from over 250,000 tweet sources.
Japanese Mitsubishi UFJ Financial Group, the Fifth Largest Bank in the World, Entertaining its Own Cyptocurrency: The banking arm for Japanâs Mitsubishi UFJ Financial Group (MUFG) is planning to develop its own cryptocurrency. Dubbed MUFG Coin, the bank expects to run a trial for the currency by 2019, indicating that its test run could involve some 100,000 account holders. The currency is expected to take the form of a stablecoin pegged to the Japanese yen.
Taiwanese Bank Fubon Commercial Launches Blockchain Payment System: A first for Taiwan, the Taipei-based Fubon Commercial Bank has deployed a payment system that leverages Ethereumâs blockchain. The launch is the culmination of the bankâs partnership with Taiwanâs National Chengchi University, and the payment system will include services for merchants and restaurants near the university. Itâs also the latest step Taipei has taken towards becoming a blockchain-run âsmart city,â an initiative the countryâs capital announced at the beginning of this year.
The Worldâs Financial Repository, Switzerland, Takes a Look into a National Cryptocurrency: Switzerlandâs Federal Council of the Government has made an official legislative request for a report on the potential benefits and risks of launching its own state-backed coin, the e-franc. âThe Federal Council is aware of the major challenges, both legal and monetary, which would be accompanied by the use of an e-franc⌠It asks that the proposal be adopted to examine the risks and opportunities of an e-franc and to clarify the legal, economic and financial aspects of the e-franc,â the Council stated in regards to the request.
The post This Week in Crypto: May 18, 2018 appeared first on CoinCentral.
 source: https://coincentral.com/this-week-in-crypto-may-18-2018/
Post source: This Week in Crypto: May 18, 2018
Source #bitcoin #news #cryptonews #cryptocurrency #dailybitcoinnew #todaynews
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China: B.R.I.C. or Brick? The Nation's Impact on Developed and Frontier Market Economies
Twitter: GregGlobal14
âşGeopolitical Consultant (NATO) |Political Consultant |Freelance Writer |Speakerâ
It has been over a month since the tumultuous drop of the Chinese stock market and the correction which scared some American investors into U.S. Treasury Bonds in August. In this post, I comb over and analyze the potential global financial impacts the Chinese economy has on diverse regions of the world and global trade.
Is China changing from a B.R.I.C. to a global Brick?
Event: "Black Friday"/"Black Monday"
The stock market losses occurred on what is infamously dubbed as "Black Monday" in China. Matt Egan of CNN Money, described it as equivalent to "erasing almost the entire value of the British version of the S&P 500." The "S&P BMI U.K. Index" is  "worth just $2.8 trillion." For the U.S. stock market, this was the largest drop since 2011, resulting in an official "correction" (When stock, bond, commodity or market index declines by at least 10% according to investopedia).
-Matt Egan Â
U.S. and Global Fears: Another Domestic or Global Recession
According to Richard Quest (in the corresponding video to the above CNN article), anchor of CNN's "Quest Means Business,"
Black Monday signified a "serious bought of indigestion"
-Richard Quest
He may have been hinting at the temporary impact on U.S. equity markets resulting from the event, trying to calm people's fears.
Questions about Individual and Global Impacts
Even if you had a well diversified portfolio, you likely saw yours drop. Seeing mine decline in value, caused others and myself to reflect on the following questions:
1) How will the Chinese economy impact the U.S. economic health now and in the future?
2) What are the global macro economic trends and implications resulting from this nations slowing growth?
But the most important and underlying question here is:
3) How dependent is global growth on China's GDP and the nation's commodity demands?
Today, we will further look at: some of the nations which are reliant on China's imports, macro-economic investment trends which may impact the United States and global financial markets, as well as, potential regional growth trends which can affect long term global economic growth. Â
China:
Causes of the Free Fall
Fear and doubt in their economic growth was spurred when the yuan (its currency) was devalued on August 14th and investors expectations of an increase in exports were not met. Despite the devalued yuan, Matt Egan pointed out that a gauge, which measured China's manufacturing exports, showed their exports had dropped to their "lowest levelsince the global financial crisis."
With their currency weakened (decreasing the cost of their products), investors did not expect a decline in exports and became worried when such occurred.
Short Term Impact: Significant
According to Charles Rile's article on CNN Money, the 3.25 trillion dollar loss of the Chinese equity market in one month was a loss greater than the size of France's entire stock market.
Long Term Growth: Uncertain
In 2008, I was assigned to give a competitive speech (for my college's forensic team)on the topic of the double digit G.D.P. (Gross Domestic Product) growth rates seen with China's economy. Afterwards, I wondered when this expansion would come to an end. A nations G.D.P. is a good way to determine the overall strength and health of a nation's economy, with recently industralized nations often having a higher rate of yearly growth initially).
Looking at the World Bank's numbers, it appears the end was in 2010, when their GDP was at 10.6%. In 2014, it was still at 7.4%. For comparison, their 7.4% annual rate is greater than any of the developed countries across the globe. However, robust growth can only last so long.
China GDP vs Global Comparison
For some reference, the World Bank shows that in 2014, Germany's GDP was 1.6% the U.S.'s was 2.4% and Brazil's a whopping .1% (another suffering B.R.I.C. member). Although when we compare China to their other B.R.I.C. friend India (also at 7.4% in 2014), China's GDP over the last 4 years has gradually been decreasing. India's decline stopped in 2012.
Since then, India's GDP has been gradually increasing.
Measures to Reduce Volatility
Attempts to minimize such a chaotic fall (including a 40 billion dollar stimulus and a trading halt in a number of stocks, among others), have either failed or their impact is unknown. One must wonder, that if investors expected measures to slow the free fall, that instead these and other measures turned what some thought would act as bridges of support, into additional fuel and fear. Looking into the future, we can expect a volatile market despite efforts to curb the momentum.
United States:
U.S. Stock Market vs Economy
With a drop of over 40% in the Chinese stock market, fears spread of what impact this would have on the American economy. It likely caused the market correction mentioned earlier. However, Merryl Lynch appears to be correct when they say, U.S. equities " 'remain vulnerable'" only "in the near term." Richard Quest also mentions in the video not to mistake corrections with trends.
Effect on U.S. Debt and Treasury Sales
China began selling of some of its U.S. Treasuries to raise cash to support its economy. Why does this concern U.S. investors? The senior portfolio manager of SkyBridge Capital, Troy Gayeski explains. It can make "Treasury yields higher than they would normally be." Since "treasury rates are used as a benchmark" that "set the cost of borrowing for credit cards and mortgages," rising yields could result in a "slowdown in the housing recovery."
Matt Egan reminds us, "What's key...is how much cash China ultimately needs to raise to defend its currency and stock market.''
No one, not even China, knows that figure."
-Matt Egan of CNN Money
Consequences?
If China does continue to raise cash to defend the yuan and its stock market, the CNN article suggests the U.S. may have to look to other nations to purchase its debt.
Emerging Economies
B.R.I.C.S.'s
My purchase of an emerging market mutual fund in 2010 may have been a decade too late. An article by the Economist on Aug, 24, 2015 and my mutual fund's returns, support this conclusion!
According to The Economist, "The period of rip-roaring emerging-market growth that began around 2000...has been yanked away." The economist explains this growth resulted from the "low interest rates and soaring commodity prices that powered emerging-market growth."
Why Are Some B.R.I.C.'s and Emerging Markets Falling?
Chinese Demand. Geoffrey Smith from Fortune noted that the emerging market nations most effected by this global change are those who "have come to depend on Chinese demand for their natural resources."
He also points out that emerging countries are, "seeing their economies falter and their currencies fall" as a result. The Economist agrees.
According to an article by the Economist this August, "A weakening outlook for Chinese growth" plus the "slip in China's currency" have "put pressure on other emerging economies".
Such pressure is especially felt if their "growth model" was reliant on China's demand "for industrial and other commodities." Lets hope we didn't invest our whole retirement in the B.R.I.C.S.
Other Emerging and Frontier Markets: Turkey to South Korea
The Economist article also notes that Turkey and Kazakhstan provide us an example where "the cocktail of Chinese growth, low interest rates and soaring commodity prices" ending, will have ripple affects.
Larry Elliot and Phillip Inman of the Guardian point out that among Asian nations, "Vietnam will eventually find it harder to compete." In addition, even "more advanced economies" such as "South Korea and Taiwan, which provide components to Chinese manufacturers â will see demand for their exports decline."
Ouch.
African Nations
We see a similar pattern of export dependent nations in Africa who have either been reliant on trade with China to maintain their budgets, or they have also been hurt by the falling prices of commodities and oil. Business Insider explains that China was the "biggest trading partner" for the entire continent. Exporters such as Sierra Leone (exporting iron ore and titanium), Angola (oil), Zambia (ores and metals) are examples where commodity reliant trade with China may be negatively impacted.
In general, the more diverse a nation's trading partners and exports, the less reliant they are on any individual nation or resource and are more able to weather a storm.
An Optimistic Future?
Whether you are an investor or just an interested observer, it is important to be prescient. Despite these slowdowns, Investopedia states China will be one of the top economies in 2020, (along with Mexico, Russia and Brazil). Maybe the B.R.I.C.'s fall is only temporary and it is not too late for my mutual fund to earn some returns. Or, just maybe a passive E.T.F.(Exchange Traded Fund) is better for me.
Which will be the next B.R.I.C.'s or the next ones to fall? Well according to Investopedia, they may just remain the same. Some like China, may not sink like we feared, in the long run.
--
Tell me your thoughts on emerging and frontier markets in the comments below.
 ~Author's Social Media~
LinkedIn: Greg Voegtle| Medium Blog: @GregInternational14 Twitter:Â @GregGlobal14| Speaker Profile: Greg's Global Speaking
Bio: Greg is a U.S. Political Consultant and Geopolitical Consultant (most recently for NATO), who specializes in strategic communications and analysis. He has worked on humanitarian issues and lead Scenario Teams (for NATO) at Strategic and Tactical level Military Bases and Headquarters in Europe and The Republic of Georgia.
Value for You and Your Team: Do you want him to Write or Speak about your Cause,Career, be a freelance writer on your behalf?
-Contact Him here:
Article Sources:
1. http://money.cnn.com/2015/08/26/investing/stocks-markets-2-trillion-erased/index.html?sr=fbmoney082615marketstrillion155story
2. http://www.investopedia.com/terms/c/correction.asp
3. http://money.cnn.com/2015/08/02/news/economy/china-factory-manufacturing-pmi/index.html?iid=EL
4. http://www.investopedia.com/terms/t/trend.asp
5. http://www.economist.com/news/business-and-finance/21662092-china-sneezing-rest-world-rightly-nervous-causes-and-consequences-chinas
6. http://fortune.com/2015/07/24/chinas-slowdown-pushes-commodity-prices-to-new-lows/
7. http://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG
8. http://money.cnn.com/2015/09/10/investing/china-dumping-us-debt/
9. http://www.theguardian.com/business/2015/aug/22/could-china-crisis-spread-to-emerging-markets
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15 Reasons Chicago Is The New LA For A Summer Vacation
Between Coachella, Rodeo Drive, the Hollywood sign and the Pacific Coast Highway â we get it, LA is awesome. But Chicago, the Windy City smack dab in the middle of the country, comes alive in the summertime in a way that makes it a unique and unforgettable option if youâre looking to get away.
So next time youâre in the market for a trip, skip the traditional west coast vacay, and opt for a city with all the perks of LA and then some. Hereare 15 reasons Chicago is the new Los Angeles for summer trips.
1. Theyâve perfected outdoor drinking
In LA, summer is expected, but in Chicago, summer is treasured. Thatâs why Chicagoans so strongly embrace rooftop bars, patios and beer gardens, which you can find in every neighborhood in the city.
2. Getting to the city is a cinch
If youâre flying in, both major airports, OâHare International and Midway, are connected to Chicagoâs L public transit system. This means easy, clean, affordable (read: less than $5) transit to the heart of downtown Chicago. Oh, and each trip is less than an hour to most stops.
3. That lake life
Chicago is perfectly seated on Lake Michigan, and with 26 public beaches, visitors and locals alike can take in the hot sun and the sound of waves crashing on the sand. Oh, and you can also rent boats. One of Chicagoâs favorite pastimes, as a matter of fact, is the Play Pen, a cove where boats anchor and the party gets going. Just want to get dressed up and be near the lake? Navy Pier, Chicagoâs great expanse of restaurants, shops and reowned Centennial (Ferris) Wheel, is your stop.
4. Food, glorious food
The food in this town is second to none. Chicago is home to 22 Michelin Star restaurants, and 58 have the honor of being on the Bib Gourmand list. Additionally, the James Beard Foundation recently called Chicago, One of Americaâs most innovative dining cities. Need we say more? Of course, if lists donât impress you, donât worry; there are hundreds of places to eat and drink that don a great location, friendly staff and, of course, glorious food.
5. The original tastes of Chicago
In addition to the rising and shining stars in the Chicago restaurant scene, the Windy City proudly stands on the original staples that made it great. Deep dish (donât pretend itâs not good, youâre just kidding yourself), Garrettâs Popcorn, Italian beef, Chicago style hotdogs are staples. Pretty much all the food you only let yourself have when youâre on vacation have a home here. You should also know that Chicago has its own Hot Dog Fest. If thatâs not enough to make you think about booking a ticket, we donât know what will.
6. Public transportation system will take you practically anywhere
Chicagoâs public transportation system is comprised of buses along with its L trains. While LA necessitates driving everywhere and hitting undesirable traffic in the process, Chicago offers and extensive list of options that pick you up and drop you off within a few blocks of pretty much anywhere youâd ever want to go in the city.
7. But if youâre not into the public transit thing
Chicago is an extremely walkable town, with a grid system and major streets that stretch through its many neighborhoods to get you where you want to go.
8. The concert and festival scene is insane
Chicago is home to some of the largest and best festivals in the country. If youâre in the mood for music, try the Chicago Blues Festival, Grant Park Music Festival, Chicago Jazz Festival, Chicago World Music Festival, Lollapalooza, Pitchfork or Spring Awakening.
If youâre looking for the spectacular, go for the Air & Water show (the oldest and largest exhibition of its kind), the outdoor dancing series Chicago SummerDance, or for any of the many street festivals that happen weekly.
9. Chicago is actually responsible for a type of music
Sure, LA has Hollywood, but Chicago has its own style of music that bloomed right there in the city. We mean, of course, the Blues. If youâre in the mood, hit up Kingston Mines or the Green Mill to get your soul on.
10. They see some stars before LA does
Chicago has a funny bone that just wonât quit. Tina Fey, Bill Murray, Katherine OâHara, Jim and John Belushi. Ever heard of them? These geniuses and many more got their start in Chicagoâs coveted comedy scene, and today, comedy stages across the city are destinations for some of the worldâs funniest.
11. They drink local
Chicagoans love a good craft cocktail, which places like the Violet Hour excel at, but the beer, oh the beer. Chicago is home to a number of noteworthy brewing companies that stock the shelves from the hippest restaurants to the most excellent dives.
12. You can actually see the skyline
Sorry, LA, but Chicagoâs skyline comes in FTW and never fails to impress, with towering buildings that reflect the lake and story into the clouds magnificently. Whether youâre riding into the city from the surrounding area, or looking back at the Gold Coast from the Lake Shore trails, the Chicago skyline is a site to see.
13. Chicago has LSD
The street, come on. The Lake Shore Drivemakes even traffic jams feel special, with lake, beach and city views and a drive-by glimpse of Navy Pier.
14. Sure, CHI and LA both have two baseball teams to root for, but letâs be real
Angels and Dodgers vs. Cubs and Sox? No offense, but Chicagoâs baseball culture and prestige runs too deep and too strong for it to be a competition.
15. Chicagoans are pretty nice people
Thereâs something about the Midwest and its people that will make you want to stay a while. With friendly locals, great food and beverages, amazing views and things to do by day and by night, Chicago takes the cake and the beef, the hotdogs, the pizzaâŚ
source http://allofbeer.com/2017/11/12/15-reasons-chicago-is-the-new-la-for-a-summer-vacation/ from All of Beer http://allofbeer.blogspot.com/2017/11/15-reasons-chicago-is-new-la-for-summer.html
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15 Reasons Chicago Is The New LA For A Summer Vacation
Between Coachella, Rodeo Drive, the Hollywood sign and the Pacific Coast Highway â we get it, LA is awesome. But Chicago, the Windy City smack dab in the middle of the country, comes alive in the summertime in a way that makes it a unique and unforgettable option if youâre looking to get away.
So next time youâre in the market for a trip, skip the traditional west coast vacay, and opt for a city with all the perks of LA and then some. Hereare 15 reasons Chicago is the new Los Angeles for summer trips.
1. Theyâve perfected outdoor drinking
In LA, summer is expected, but in Chicago, summer is treasured. Thatâs why Chicagoans so strongly embrace rooftop bars, patios and beer gardens, which you can find in every neighborhood in the city.
2. Getting to the city is a cinch
If youâre flying in, both major airports, OâHare International and Midway, are connected to Chicagoâs L public transit system. This means easy, clean, affordable (read: less than $5) transit to the heart of downtown Chicago. Oh, and each trip is less than an hour to most stops.
3. That lake life
Chicago is perfectly seated on Lake Michigan, and with 26 public beaches, visitors and locals alike can take in the hot sun and the sound of waves crashing on the sand. Oh, and you can also rent boats. One of Chicagoâs favorite pastimes, as a matter of fact, is the Play Pen, a cove where boats anchor and the party gets going. Just want to get dressed up and be near the lake? Navy Pier, Chicagoâs great expanse of restaurants, shops and reowned Centennial (Ferris) Wheel, is your stop.
4. Food, glorious food
The food in this town is second to none. Chicago is home to 22 Michelin Star restaurants, and 58 have the honor of being on the Bib Gourmand list. Additionally, the James Beard Foundation recently called Chicago, One of Americaâs most innovative dining cities. Need we say more? Of course, if lists donât impress you, donât worry; there are hundreds of places to eat and drink that don a great location, friendly staff and, of course, glorious food.
5. The original tastes of Chicago
In addition to the rising and shining stars in the Chicago restaurant scene, the Windy City proudly stands on the original staples that made it great. Deep dish (donât pretend itâs not good, youâre just kidding yourself), Garrettâs Popcorn, Italian beef, Chicago style hotdogs are staples. Pretty much all the food you only let yourself have when youâre on vacation have a home here. You should also know that Chicago has its own Hot Dog Fest. If thatâs not enough to make you think about booking a ticket, we donât know what will.
6. Public transportation system will take you practically anywhere
Chicagoâs public transportation system is comprised of buses along with its L trains. While LA necessitates driving everywhere and hitting undesirable traffic in the process, Chicago offers and extensive list of options that pick you up and drop you off within a few blocks of pretty much anywhere youâd ever want to go in the city.
7. But if youâre not into the public transit thing
Chicago is an extremely walkable town, with a grid system and major streets that stretch through its many neighborhoods to get you where you want to go.
8. The concert and festival scene is insane
Chicago is home to some of the largest and best festivals in the country. If youâre in the mood for music, try the Chicago Blues Festival, Grant Park Music Festival, Chicago Jazz Festival, Chicago World Music Festival, Lollapalooza, Pitchfork or Spring Awakening.
If youâre looking for the spectacular, go for the Air & Water show (the oldest and largest exhibition of its kind), the outdoor dancing series Chicago SummerDance, or for any of the many street festivals that happen weekly.
9. Chicago is actually responsible for a type of music
Sure, LA has Hollywood, but Chicago has its own style of music that bloomed right there in the city. We mean, of course, the Blues. If youâre in the mood, hit up Kingston Mines or the Green Mill to get your soul on.
10. They see some stars before LA does
Chicago has a funny bone that just wonât quit. Tina Fey, Bill Murray, Katherine OâHara, Jim and John Belushi. Ever heard of them? These geniuses and many more got their start in Chicagoâs coveted comedy scene, and today, comedy stages across the city are destinations for some of the worldâs funniest.
11. They drink local
Chicagoans love a good craft cocktail, which places like the Violet Hour excel at, but the beer, oh the beer. Chicago is home to a number of noteworthy brewing companies that stock the shelves from the hippest restaurants to the most excellent dives.
12. You can actually see the skyline
Sorry, LA, but Chicagoâs skyline comes in FTW and never fails to impress, with towering buildings that reflect the lake and story into the clouds magnificently. Whether youâre riding into the city from the surrounding area, or looking back at the Gold Coast from the Lake Shore trails, the Chicago skyline is a site to see.
13. Chicago has LSD
The street, come on. The Lake Shore Drivemakes even traffic jams feel special, with lake, beach and city views and a drive-by glimpse of Navy Pier.
14. Sure, CHI and LA both have two baseball teams to root for, but letâs be real
Angels and Dodgers vs. Cubs and Sox? No offense, but Chicagoâs baseball culture and prestige runs too deep and too strong for it to be a competition.
15. Chicagoans are pretty nice people
Thereâs something about the Midwest and its people that will make you want to stay a while. With friendly locals, great food and beverages, amazing views and things to do by day and by night, Chicago takes the cake and the beef, the hotdogs, the pizzaâŚ
Source: http://allofbeer.com/2017/11/12/15-reasons-chicago-is-the-new-la-for-a-summer-vacation/
from All of Beer https://allofbeer.wordpress.com/2017/11/12/15-reasons-chicago-is-the-new-la-for-a-summer-vacation/
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15 Reasons Chicago Is The New LA For A Summer Vacation
Between Coachella, Rodeo Drive, the Hollywood sign and the Pacific Coast Highway â we get it, LA is awesome. But Chicago, the Windy City smack dab in the middle of the country, comes alive in the summertime in a way that makes it a unique and unforgettable option if youâre looking to get away.
So next time youâre in the market for a trip, skip the traditional west coast vacay, and opt for a city with all the perks of LA and then some. Hereare 15 reasons Chicago is the new Los Angeles for summer trips.
1. Theyâve perfected outdoor drinking
In LA, summer is expected, but in Chicago, summer is treasured. Thatâs why Chicagoans so strongly embrace rooftop bars, patios and beer gardens, which you can find in every neighborhood in the city.
2. Getting to the city is a cinch
If youâre flying in, both major airports, OâHare International and Midway, are connected to Chicagoâs L public transit system. This means easy, clean, affordable (read: less than $5) transit to the heart of downtown Chicago. Oh, and each trip is less than an hour to most stops.
3. That lake life
Chicago is perfectly seated on Lake Michigan, and with 26 public beaches, visitors and locals alike can take in the hot sun and the sound of waves crashing on the sand. Oh, and you can also rent boats. One of Chicagoâs favorite pastimes, as a matter of fact, is the Play Pen, a cove where boats anchor and the party gets going. Just want to get dressed up and be near the lake? Navy Pier, Chicagoâs great expanse of restaurants, shops and reowned Centennial (Ferris) Wheel, is your stop.
4. Food, glorious food
The food in this town is second to none. Chicago is home to 22 Michelin Star restaurants, and 58 have the honor of being on the Bib Gourmand list. Additionally, the James Beard Foundation recently called Chicago, One of Americaâs most innovative dining cities. Need we say more? Of course, if lists donât impress you, donât worry; there are hundreds of places to eat and drink that don a great location, friendly staff and, of course, glorious food.
5. The original tastes of Chicago
In addition to the rising and shining stars in the Chicago restaurant scene, the Windy City proudly stands on the original staples that made it great. Deep dish (donât pretend itâs not good, youâre just kidding yourself), Garrettâs Popcorn, Italian beef, Chicago style hotdogs are staples. Pretty much all the food you only let yourself have when youâre on vacation have a home here. You should also know that Chicago has its own Hot Dog Fest. If thatâs not enough to make you think about booking a ticket, we donât know what will.
6. Public transportation system will take you practically anywhere
Chicagoâs public transportation system is comprised of buses along with its L trains. While LA necessitates driving everywhere and hitting undesirable traffic in the process, Chicago offers and extensive list of options that pick you up and drop you off within a few blocks of pretty much anywhere youâd ever want to go in the city.
7. But if youâre not into the public transit thing
Chicago is an extremely walkable town, with a grid system and major streets that stretch through its many neighborhoods to get you where you want to go.
8. The concert and festival scene is insane
Chicago is home to some of the largest and best festivals in the country. If youâre in the mood for music, try the Chicago Blues Festival, Grant Park Music Festival, Chicago Jazz Festival, Chicago World Music Festival, Lollapalooza, Pitchfork or Spring Awakening.
If youâre looking for the spectacular, go for the Air & Water show (the oldest and largest exhibition of its kind), the outdoor dancing series Chicago SummerDance, or for any of the many street festivals that happen weekly.
9. Chicago is actually responsible for a type of music
Sure, LA has Hollywood, but Chicago has its own style of music that bloomed right there in the city. We mean, of course, the Blues. If youâre in the mood, hit up Kingston Mines or the Green Mill to get your soul on.
10. They see some stars before LA does
Chicago has a funny bone that just wonât quit. Tina Fey, Bill Murray, Katherine OâHara, Jim and John Belushi. Ever heard of them? These geniuses and many more got their start in Chicagoâs coveted comedy scene, and today, comedy stages across the city are destinations for some of the worldâs funniest.
11. They drink local
Chicagoans love a good craft cocktail, which places like the Violet Hour excel at, but the beer, oh the beer. Chicago is home to a number of noteworthy brewing companies that stock the shelves from the hippest restaurants to the most excellent dives.
12. You can actually see the skyline
Sorry, LA, but Chicagoâs skyline comes in FTW and never fails to impress, with towering buildings that reflect the lake and story into the clouds magnificently. Whether youâre riding into the city from the surrounding area, or looking back at the Gold Coast from the Lake Shore trails, the Chicago skyline is a site to see.
13. Chicago has LSD
The street, come on. The Lake Shore Drivemakes even traffic jams feel special, with lake, beach and city views and a drive-by glimpse of Navy Pier.
14. Sure, CHI and LA both have two baseball teams to root for, but letâs be real
Angels and Dodgers vs. Cubs and Sox? No offense, but Chicagoâs baseball culture and prestige runs too deep and too strong for it to be a competition.
15. Chicagoans are pretty nice people
Thereâs something about the Midwest and its people that will make you want to stay a while. With friendly locals, great food and beverages, amazing views and things to do by day and by night, Chicago takes the cake and the beef, the hotdogs, the pizzaâŚ
from All Of Beer http://allofbeer.com/2017/11/12/15-reasons-chicago-is-the-new-la-for-a-summer-vacation/ from All of Beer https://allofbeercom.tumblr.com/post/167392857747
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15 Reasons Chicago Is The New LA For A Summer Vacation
Between Coachella, Rodeo Drive, the Hollywood sign and the Pacific Coast Highway â we get it, LA is awesome. But Chicago, the Windy City smack dab in the middle of the country, comes alive in the summertime in a way that makes it a unique and unforgettable option if youâre looking to get away.
So next time youâre in the market for a trip, skip the traditional west coast vacay, and opt for a city with all the perks of LA and then some. Hereare 15 reasons Chicago is the new Los Angeles for summer trips.
1. Theyâve perfected outdoor drinking
In LA, summer is expected, but in Chicago, summer is treasured. Thatâs why Chicagoans so strongly embrace rooftop bars, patios and beer gardens, which you can find in every neighborhood in the city.
2. Getting to the city is a cinch
If youâre flying in, both major airports, OâHare International and Midway, are connected to Chicagoâs L public transit system. This means easy, clean, affordable (read: less than $5) transit to the heart of downtown Chicago. Oh, and each trip is less than an hour to most stops.
3. That lake life
Chicago is perfectly seated on Lake Michigan, and with 26 public beaches, visitors and locals alike can take in the hot sun and the sound of waves crashing on the sand. Oh, and you can also rent boats. One of Chicagoâs favorite pastimes, as a matter of fact, is the Play Pen, a cove where boats anchor and the party gets going. Just want to get dressed up and be near the lake? Navy Pier, Chicagoâs great expanse of restaurants, shops and reowned Centennial (Ferris) Wheel, is your stop.
4. Food, glorious food
The food in this town is second to none. Chicago is home to 22 Michelin Star restaurants, and 58 have the honor of being on the Bib Gourmand list. Additionally, the James Beard Foundation recently called Chicago, One of Americaâs most innovative dining cities. Need we say more? Of course, if lists donât impress you, donât worry; there are hundreds of places to eat and drink that don a great location, friendly staff and, of course, glorious food.
5. The original tastes of Chicago
In addition to the rising and shining stars in the Chicago restaurant scene, the Windy City proudly stands on the original staples that made it great. Deep dish (donât pretend itâs not good, youâre just kidding yourself), Garrettâs Popcorn, Italian beef, Chicago style hotdogs are staples. Pretty much all the food you only let yourself have when youâre on vacation have a home here. You should also know that Chicago has its own Hot Dog Fest. If thatâs not enough to make you think about booking a ticket, we donât know what will.
6. Public transportation system will take you practically anywhere
Chicagoâs public transportation system is comprised of buses along with its L trains. While LA necessitates driving everywhere and hitting undesirable traffic in the process, Chicago offers and extensive list of options that pick you up and drop you off within a few blocks of pretty much anywhere youâd ever want to go in the city.
7. But if youâre not into the public transit thing
Chicago is an extremely walkable town, with a grid system and major streets that stretch through its many neighborhoods to get you where you want to go.
8. The concert and festival scene is insane
Chicago is home to some of the largest and best festivals in the country. If youâre in the mood for music, try the Chicago Blues Festival, Grant Park Music Festival, Chicago Jazz Festival, Chicago World Music Festival, Lollapalooza, Pitchfork or Spring Awakening.
If youâre looking for the spectacular, go for the Air & Water show (the oldest and largest exhibition of its kind), the outdoor dancing series Chicago SummerDance, or for any of the many street festivals that happen weekly.
9. Chicago is actually responsible for a type of music
Sure, LA has Hollywood, but Chicago has its own style of music that bloomed right there in the city. We mean, of course, the Blues. If youâre in the mood, hit up Kingston Mines or the Green Mill to get your soul on.
10. They see some stars before LA does
Chicago has a funny bone that just wonât quit. Tina Fey, Bill Murray, Katherine OâHara, Jim and John Belushi. Ever heard of them? These geniuses and many more got their start in Chicagoâs coveted comedy scene, and today, comedy stages across the city are destinations for some of the worldâs funniest.
11. They drink local
Chicagoans love a good craft cocktail, which places like the Violet Hour excel at, but the beer, oh the beer. Chicago is home to a number of noteworthy brewing companies that stock the shelves from the hippest restaurants to the most excellent dives.
12. You can actually see the skyline
Sorry, LA, but Chicagoâs skyline comes in FTW and never fails to impress, with towering buildings that reflect the lake and story into the clouds magnificently. Whether youâre riding into the city from the surrounding area, or looking back at the Gold Coast from the Lake Shore trails, the Chicago skyline is a site to see.
13. Chicago has LSD
The street, come on. The Lake Shore Drivemakes even traffic jams feel special, with lake, beach and city views and a drive-by glimpse of Navy Pier.
14. Sure, CHI and LA both have two baseball teams to root for, but letâs be real
Angels and Dodgers vs. Cubs and Sox? No offense, but Chicagoâs baseball culture and prestige runs too deep and too strong for it to be a competition.
15. Chicagoans are pretty nice people
Thereâs something about the Midwest and its people that will make you want to stay a while. With friendly locals, great food and beverages, amazing views and things to do by day and by night, Chicago takes the cake and the beef, the hotdogs, the pizzaâŚ
from All Of Beer http://allofbeer.com/2017/11/12/15-reasons-chicago-is-the-new-la-for-a-summer-vacation/
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