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Samsung to unveil a foldable phone at the launch of the unpacked event on February 20 in San Francisco

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Samsung to unveil a foldable phone at the launch of the unpacked event on February 20 in San Francisco

Plans have solidified as it seems so likely that Samsung may use the unpacked event set on February 20 to unveil its first foldable phone.  This phone might be called the Galaxy X, Galaxy Fold or perhaps Galaxy F. The Wall Street Journal states that the company will release a fully functional foldable phone. This might help Samsung step ahead of its competitors such as Huawei who also in February will disclose its foldable phone at the Mobile World Congress, but only if the report is right.

Samsung has much showjumping on the Galaxy S10 whether or not the foldable phones arrive, however, looking at the rumors going around and the facts presented, the company might well bring the excitement to reality.

There have been a regular flow of leaks and rendered plus a rumor of an amount that differences of the phone hole-punch camera. Samsung is also set to display a 5G prototype phone capable networking the next-generation cellular network as CES speculated. Leaks again show a fascinating Snapdragon 855 chipset which will power Samsung’s next Galaxy series and propose a speedy performance that beat its previous series.

Furthermore, analysts and leakers have illustrated a Galaxy S10 jam-packed with exceptional features, such as an ultrasonic fingerprint sensor, Face ID and an Infinity-O display. Also, supposedly, Galaxy S10 is to come in three configurations that are, Galaxy S10, Galaxy S10 Plus, Galaxy S10 Lite.

I hope all these facts and rumors precise and live to its expectations, as the company could use that to make headlines and take the top of the smartphone ladder. But, if this doesn’t happen then the path ahead could get even tougher as the Galaxy S9, and S9 Plus had quite bad sales due to quite slow sales for all phone brands last year.

The company declared that the foldable phone together with all their future phones would make use of the recently unveiled the new One UI interface, which is design to cleans up the current Samsung Experience and attempts to set icons in one group for a convince use.

This design is configured to work with Google’s 9th version mobile software and Android Pie but not previous versions of Android.

Apps

Youtube Gets Sued For Alleged LGBTQ Rights Infringement

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Youtube Gets Sued For LGBTQ Rights Infringement

A group of LGBTQ rights defenders in the US recently arraigned Google and YouTube in federal court. This band, including a handful of LGBTQ social media celebrities such as Chase Ross, Bria Kam, Chrissy Chambers, Brett Somers as well as the executives of GlitterbombTV.com, Alleges that YouTube’s ‘ad-friendly’ policies were actually not friendly to them in all ramifications. The litigation brought before the US district court in California accuses YouTube of such activities as limiting video contents tied to famous LGBTQ identities.

The Emerging Rights War

Following the recent developments, a lawsuit was filed on Tuesday against YouTube and its parent company – Google. These LGBTQ users leveraged upon the company’s purported ideology of “creating a platform of self-expression for all” and making a shit-load of money while at it. This perception of ‘freedom of expression’ and ‘freedom of information’ was however received differently by LGBTQ users, once they sensed a pre-planned discrimination towards the contents they upload on YouTube. 

Accordingly, the court order highlights that YouTube engaged in;

“unlawful content regulation, distribution, and monetization practices that stigmatize, restrict, block, demonetize, and financially harm the LGBTQ+ Plaintiffs and the greater LGBTQ+ Community.”

The Plaintiff acknowledged that Google/YouTube supervises over 95% of all the digitally distributed video-based contents on a global scale. And as such, YouTube is registered as the largest for-profit channel dedicated to free speech and expression in the history of the world.

Furthermore, the Prosecuting party maintains that the Defendants generated an excess of $25 billion on an annual basis. Claiming that such profits are derived from regulating, distributing, and monetizing the free speech and expression of the 2.3 billion YouTubers worldwide. 

Google Apology

Still, Google upholds that it has always been a silent propagator of LGBTQ rights in the past. Demonstrating this, Google asserts to have advocated for gay rights around the world and officially sponsoring the San Francisco Pride parade. Nonetheless, this is not the first time Google/YouTube would be charged with such malfeasance. 

The social media giant took to Twitter during the 2018 ‘Pride Month’ to relay an apology with regards its biased ads sharing policies. But this time, the LGBTQ community does not seem to care about Google’s apology but rather a call for the restructuring of Google’s business model.

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Cryptocurrency

40% Of Bitcoins Are Stored On Wallets With A Balance Of Over 1000 BTC

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40% Of Bitcoins Are Stored On Wallets With A Balance Of Over 1000 BTC

Over the past few years, several “warning bells” have started to sound for all Bitcoin maximalists. Seems like the decentralization of the main cryptocurrency is more like a myth and has neither part nor lot in ability-status congruence. According to some experts of the industry, 40% of all Bitcoins are stored on cryptocurrency wallets with a balance of 1000 BTC or more.

Who Controls Bitcoin?

According to data published by digital asset strategist/director at VanEck Gabor Gurbacs, there are only 3 wallets that own 100000 BTC and more and 115 that own 10000-100000 BTC. The main part of them is cryptocurrency exchanges with millions of users.

If we exclude some factors that could affect the accuracy of the results, in particular, remove wallets belonging to exchanges, we can get the following result.

The results are presented below on the chart of the Lorentz curve. A straight blue line demonstrates the complete equality in the distribution of coins, that is when each person gets an equal amount of BTC. The red curve under the line corresponds to reality – the ratio of the number of wallets to the number of all coins have already mined. As we can see, the first 25 % of the holders don’t own a few percents of Bitcoins. But the tiny part of the particularly well-to-do holders accounts for most of the existing coins.

lorenz curve

Source: trustory.io

That is the diagram indicates the “unfairness” of the cryptocurrency distribution. Although it simply indicates the difference in the social status and condition of industry participants.

In general, the Lorentz curve demonstrates income unfairness in economics. The closer the curve is to the straight line, the fairer the distribution of all the funds. Its position on the chart is controlled by social programs and tax reforms.

This statistic has been criticized by some Twitter users. BlockTower Capital co-founder Ari Paul advised experts to exclude wallets with an account balance of less than 0.01 BTC from the sample. According to him, any user can create thousands of Bitcoin addresses, which then will not be used. Therefore, these purses are supposedly not worth taking into account.

That wealth is unevenly distributed is probably a normal situation. However, as well as knowledge: the one who constantly studies new areas, the first to receive various things, which then become wealthy. The example is registering the first domains in the .com zone because their further sale brought millions of dollars to the owners! Among this one occur to sex.com or casino.com

Another example is early investors. Shares of Facebook or Amazon, bought a decade ago, were considered a completely rubbish investment, but someone believed in these companies and their business model.

To get closer to the cherished percentage of the richest Bitcoin wallets it is the proper time to buy cryptocurrency. That time we will live a life!

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