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A Shift in The Global Order

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As the global world order is being turned upside down and we are seeing a further divide and deterioration in global relations, we are witnessing a new world. A lot of people on my side of the world have no clue of what is actually going on and it will be too late after the fact.

Currently, ties are being broken, new partnerships among countries are being formed and we are witnessing a deterioration in the west. It is more media than hype at this point.

I might I don’t blame Western media at all, if they can control the narrative and not allow the average “normie” to know what’s going on, well I can’t blame them.

Especially given the fact that we are living in a “democratic” environment, it makes the story more interesting and goes to show that all these ideologies are just names and just like “international law” are all just a façade.

They are all susceptible to being twisted and manipulated based on space and time of events that are taking place. They are not hard-set rules and we must not be naïve to the way of the world.

The current war that is happening in Russia shouldn’t be surprising either, President of Russia, Vladimir Putin has had his eyes set on the country which we could argue belongs to Russia from a traditional point of view.

The situation as to why the invasion occurs would need an entire piece on itself. In this post, I am focusing on the changes that are currently happening in the world and the impact it will have on normal citizens due to the current war.

Mistakes By The West

One of the first mistakes the west made against Russia in the initial stages of the invasion which began in the latter parts of February was to use the dollar as a weapon to sanction and presumably destroy Russia. That strategy hasn’t worked thus far and instead has stirred up the dirty war even more.

When Russia “annexed” crime in 2014 from Ukraine which was a political and economic decision as they could now have an outlet into the black sea.

The United States decided to sanction Russia, it worked out really at that time. It hurt Russia, but Russia adapted to the situation and created a fortress to weather out the storm and grew stronger from that.

It shouldn’t be a surprise though as sanctions might work for a while, but it makes the country more resilient or furthermore antifragile to such economic shocks in the future. Fast forward today, Russia is a totally different country and has been probably preparing for this moment to overtake Ukraine for good as they see it as an existential threat to get into the west hands which would probably be used as a political leverage to cause chaos in Russia.

What persons don’t understand is that, the western part of Ukraine is hostile towards Russia and for historical reasons. Such extreme hatred is like a dirty still puddle of water, it can be a breeding ground for mosquitos and other organisms that can cause disease.

This breeding ground of extreme hatred, created extremist groups in Ukraine who were delusional that they could cause trouble with Russia.

The agents in United States played with that narrative and funded these groups which Russia really hates as they have caused atrocities in Russian speaking regions in Ukraine. No one shouldn’t be surprised as the United States being an extension of the British Empire, follows the age-old strategy of “divide and conquer”.

This economical move, to destabilizing Russia’s economy has opened up the eyes of China and India and mainly India who is growing into its own superpower. What the United States did was showed the world that they can target any country they want without even causing any physical war.

Due to the fact that most of the world trades in US dollars, which is vital to USA’s Stability as the sole hegemony.

Countries are now waking up to the fact that, they too can be targeted if they are exposed to US dollars. The US was trying to send a statement not just to Russia but to other countries who might be brave enough to counter US’s regime.

Even though this move will affect Russia’s economy in the short term, Russia was already preparing for such moves.

How prepared? It’s hard to tell only time will tell.

Dependency on Russia

I have written countless of articles to showcase why I think, some of the sanctions on Russia are counterintuitive. Instead of sanctioning Russia, they are basically sanctioning themselves. I will make the charts below do the explanation.

Top fertilizer exporting countries by value in 2020 (billions of US dollars)

World map of wheat exports

A chart showing the top 10 oil supporters to Europe

Countries dependent on Russia’s gas import

There are countless areas in materials, nuclear material exports which are vital for energy production in certain countries. The fact is due to Globalism and the all perks that comes with it are being tested at this moment.

Given that Russia is so vital to this world economy and the west is sanctioning Russia, a lot of likely future scenarios such as societal collapse and civil unrests are being talked about by journalists as a possible scenario if there is no solution to the crisis that is happening.

Global Instability

Inflation is currently on the rise along with rise in energy prices, this is not a good sign and we are starting to see the cracks in Spain, where truckers are protesting about energy prices.

This is only the beginning as gas prices will continue to rise. There’s no way, citizens of a country are going to sit and watch their lifestyle deteriorate and not talk about it.

I am assuming that’s just the beginning as we will start to see more unrest among the population within Europe and other parts of the world. The blame is already being placed on Russia, but I doubt the citizens really care that much.

Russia is not their problem; their problem is with their own country and the mistakes made by their own “big brained” leaders which causes this.

Supply chain shocks will also be another as diesel will probably be scarce is some areas which is vital for the trucking industry. If goods cannot be moved around, prices will also get higher and that can lead to inflation.

It’s incredible that these second order effects weren’t thought about by the western leaders. To play devil’s advocate, I think they are smart enough to see such things, it’s that they don’t care at all.

Agendas are bigger than the normal populace problem, they don’t really care about couple hundred thousand people, when to them, their entire world is at stake. Even if that might sound delusional, that’s how they think. The entire world is their playground and they call the shots.

The situation is probably going to get a lot worse before it gets better and it might stay in the negative for some time. The best thing any individual can do is to think about themselves more and plan accordingly.

Do the normal things such as budgeting and buying in bulks for the long term if they can afford it. If they are ambitious, they can start a business that might not be swayed by global shocks or relocate to country where they have more economic stability.

Multipolar World and The New Global Order

Despite the fact that Russia is being targeted, they still have partnerships with major countries such as China, India and Iran. They also have support from Asia, certain Latin American countries and African countries.

Its United States Allies such as those who are in Europe who think the world revolves around them are adamant that Russia must be stopped.

It’s as if the rest of the world should follow their lead. It shows how delusional and lack of perspective they have become. Europe is now shadow of its former self, if there was even something there to create that shadow in the first place. This global imperialist regime must that has been around for hundreds of years must be stopped.

As China is now a superpower in its own right and will overtake USA in the next couple of decades or sooner, it depends on how fast the west, self-destruct. The ones in the White House are pulling their hairs out, figuring out how to stop it.

Russia is also regaining its strength as a country with an immense sphere of influence in its region, they cannot take that either. As Russia and China is drawing ever closer and creating stronger ties, other countries will also want to join them. Especially those who hates the west and their Imperialistic regimes.

Cutting Russia out from swift is only leading to further de-dollarization which is what United States of America has relied on for decades to remain power. I am positive Russia, China and even India is talking about some sort financial settlement system of their own.

If that becomes a “thing”, other countries will want to join that agreement.

This will lead to a completely different world, one that the old school are not accustomed. The transition from the west will not be easy and we are already seeing that.

USA is threatening other countries at the moment to not trade with Russia and not disrupt the current sanctions imposed on Russia. That will only be in the short term as countries have to trade with Russia in whatever means necessary.

The situation around the world will probably get worse before it gets better as globalization as we know it, will look completely different. We are starting to see countries in Europe such as Germany who are starting to build their own microchips. They are also looking to be less reliant on Russian oil in the future, which is questionable.

Accepting Reality

The west just has to wake up to the reality that the world is changing and they are not the only ones who can invade a country and get away with it. Russian causing war in “civilized Europe” which was a laughable thing to say by some journalist goes to show us how delusional these persons are.

It’s a mere microcosm for the entire ecosystem in Europe who have gained most of their power through imperialism which is still happening today.

The current war is merely exposing their hypocrisy, war is still being fought in other countries that are “less white”. These wars are not important though, as these are black or brown people who are refugees and scavengers of the land.

I am against the war in Ukraine, but I am not naïve, war is a part of our history and we shouldn’t be surprised if it’s not on at our doorsteps.

Currently, Europe is woken to the smell of gun powder, sirens, dead bodies and rumors of war. This might just be the beginning of the instability that is to come in that region and other nations of the west over an issue that could’ve been resolved through diplomatic routes.

At the moment, they are only fueling the war and not ending it, they are sending weapons to Ukraine and is even threatening to enter Ukraine as “peacekeepers”. How far will these psychopaths go is up for question, a nuclear war is not off the table.

If a nuclear conflict was to take place there will be no winners, at the moment all the west is doing is crying and barking like a helpless dog.

There’s nothing they can realistically do about it; the train has already moved on and it will leave them behind if they don’t rethink and change their ideological views which is now being taught in schools funded by agents who want to bring across a certain regime.

We are living in a world where critical thinking is more apparent than ever, asking questions instead of accepting answers is one of the first steps and as Occam’s Razor, it can be the simplest thing to do to clean our eyes and ears from the mess.

Spotify to cancel its services in Russia

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Spotify will suspend admittance to its web-based features in Russia considering the country’s sensational new limitations on free discourse.

Toward the beginning of March, the Russian parliament instituted another regulation that condemns sharing what the public authority considers to be “bogus data” about Russia’s activities in Ukraine.

The new limitations likewise rebuff any discourse that sabotages the military, incorporating portraying the conflict in Ukraine utilizing “war.”

Western media sources including CNN, ABC, and the BBC pulled their transmissions and tasks inside Russia in light of the law, which can convey up to a 15-year jail sentence.

While Spotify is basically a music streaming company, the organization is progressively putting resources into web recordings that fuse governmental issues and recent developments – a course that is now snared in various discussions.

“Spotify has kept on accepting that it’s fundamentally essential to attempt to keep our administration functional in Russia to give trusted, autonomous news and data in the district,” a Spotify representative told TechCrunch. “Tragically, as of late sanctioned regulation further confining admittance to data, disposing of free articulation and condemning particular sorts of information puts the wellbeing of Spotify’s workers and potentially even our audience members in danger.”

In the wake of considering various directions, Spotify selected to “completely suspend” its administration in Russia, a cycle that will be finished by early April after the organization wraps up operations connected with the move. Spotify recently suspended premium memberships in Russia; however, the free form of the application stayed accessible.

As a large portion of the world looks on with sickening dread, the Kremlin keeps on fixing its hold on the progression of data, dishonestly turning its activities in the course of the last month as a freedom exertion instead of a ridiculous conflict of decision guaranteeing non-military personnel lives.

That push and its going with lawful crackdown present genuine dangers for anybody inside the nation sharing a point of view on the attack that is at chances with the Russian government.

Putin wants Rubles for Russian gas

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Russian President Vladimir Putin speaks during a joint press conference with German Chancellor following their meeting over Ukraine security at the Kremlin, in Moscow, on February 15, 2022. - The Kremlin, earlier on February 15, 2022, confirmed a pullback of some Russian forces from Ukraine's borders but said the move was planned and stressed Russia would continue to move troops across the country as it saw fit. (Photo by Mikhail Klimentyev / Sputnik / AFP) (Photo by MIKHAIL KLIMENTYEV/Sputnik/AFP via Getty Images)

President of Russia, Vladimir Putin has released his firmest statement yet in a move that quite a few countries had in the back of their head. Putin now wants countries both he and his administration deems to be “unfriendly” to pay for Russian gas in rubles.

It’s a move that shows signs of Russia trying to strip themselves Russia’s from the petrodollar which is vital to the USA’s hegemony.

In a televised government meeting, he made it clear what is his intentions are, “I have decided to implement … a series of measures to switch payments — we’ll start with that — for our natural gas supplies to so-called unfriendly countries into Russian rubles,”. He stated.

He also went on to address the fact that the US dollar is deemed to be compromised and not trustable given the harsh sanctions on Russia imposed by the west. This move will help to prop up the ruble if it was to succeed.

It’s seen as a countermeasure and it’s probably just the start of it. Given the fact that Russia still supplies oil to Europe despite the hostility towards, it begs me to think what will happen if the situation deteriorates even more between the West and Russia.

As Biden is going to meet with NATO allies in Europe this week, a lot of questions will be looming over the entire situation and how they are going to plan to “contain” Russia. It will be an interesting couple of weeks ahead as the invasion of Ukraine continues.

Okta provides detail on security breach

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Okta sign, logo on headquarters building of software company. Okta, Inc. is an American identity and access management company - San Francisco, California, USA - 2021

Okta says 366 corporate clients, or around 2.5% of its client base, were affected by a security break that permitted programmers to get to the organization’s inward organization.

The authentication giant admitted to the breach after the Lapsus$ hacking and coercion bunch posted screen captures of Okta’s applications and frameworks on Monday, approximately two months after the programmers originally accessed its organization.

The breach was at first accused on an anonymous subprocessor that gives client assistance administrations to Okta. In a refreshed articulation on Wednesday, Okta’s main security official David Bradbury affirmed the subprocessor is an organization called Sykes, which last year was procured by Miami-based contact community monster Sitel.

Client assistance organizations like Sykes and Sitel frequently have wide admittance to the associations that they support for working with client demands.

Malignant programmers have recently designated client service organizations, which regularly have more fragile network safety protections than a portion of the profoundly gotten organizations that they support.

Microsoft and Roblox have both experienced comparative designated compromises of client service specialists’ records that prompted admittance of their inside frameworks.

For Okta’s situation, the Lapsus$ programmers were in Sitel’s organization for five days over January 16-21, 2022 until the programmers were identified and booted from its organization, as indicated by Bradbury.

Okta confronted extensive analysis from the more extensive security industry for its treatment of the split the difference and the months-long deferral in telling clients, which found out simultaneously when news broke via online entertainment.

As indicated by Bradbury, Sitel drew in an anonymous legal sciences firm to research, which finished up on March 10. Just seven days after the fact was the report went over to Okta on March 17.

Unstoppable Domains is seeking a $1 billion valuation in new funding round

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Unstoppable Domains, a well-known blockchain naming framework supplier, is assembling a subsidizing round at a valuation of $1 billion, three individuals acquainted with the matter told TechCrunch.

The startup is in chats with various new and existing financial backers including Draper Associates, Coinbase Ventures, Protocol Labs, and Naval Ravikant to bring about $60 million up in another financing round, the sources said, mentioning secrecy as the consultations are continuous and private.

The round hasn’t as yet shut, so the terms might transform, they advised. The startup had no remark on Tuesday.

Unstoppable Domains permits individuals to make their username for crypto and fabricate decentralized advanced characters. The startup, which sells spaces with specific TLDs for as low as $5, has assisted individuals with enrolling over 2.1 million areas to date, it says on its site.

A portion of the famous TLDs it offers incorporate .crypto, .coin, .bitcoin, .x, .888, .nft and .dao.

Unstoppable Domains, which incorporates individuals who worked at organizations, for example, Amazon’s AWS, Uber, and Slack, mints each decentralized space name as an NFT on the Ethereum blockchain to give the proprietor more extensive control and possession.

Having a space name permits clients to not mess with sharing their uselessly lengthy wallet addresses with companions and organizations.

It likewise has mixed with more than 140 applications including OpenSea, Coinbase wallet, Rainbow wallet, Chainlink, Brave program, and ETHMail. More than 90 DApps support the startup’s Login with Unstoppable item, a solitary sign-on assistance for Ethereum and Polygon, tending to one of the agonizing encounters tormenting the crypto local area.

In a pitch deck to financial backers, the startup said it is endeavoring to construct the “Coinbase of the decentralized web.” Thanks to today’s wide contributions, it rivals ENS, Solana Bonfida, Tezos, and Handshake.

The startup has amassed north of 240,000 clients and posted an income of $53 million last year, two sources said. It’s likewise productive, they added. It intends to collaborate with corporates this year to send off their TLDs, the startup says in the pitch deck, acquired by TechCrunch.

Lyriq: Cadillac’s first push into the electric market

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Cadillac is beginning production for its first-ever electric vehicle which is called Lyriq. As the electric era is ramping up, General Motors is investing heavily in this area. They said they are going to spend upwards of $35 billion towards producing 30 new electric vehicles globally over the next few years.

They have already spent $2 billion building their Spring Hill, Tennessee, manufacturing complex which will be making an array of electric vehicles including the Lyriq. Demand for the car has already exceeded expectations which is forcing Cadillac to invest more in the development of the vehicle, so customers can be able to get it as early as possible.

Electric vehicles have grown in leaps and bounds over the last few years thanks mainly to Tesla and other automakers. One of the main things affecting the creation and deliverability of electric vehicles this year is the supply chain shortage. This has been affecting technologies that are reliant on semiconductors and batteries.

Innovation within the battery market is also yielding good results as GM’s models will be based around the Ultim battery platform. This will help GM scale its battery-electric operations and reduce costs due to the architecture that it’s built around.

GM is at a pretty comfortable spot within the automaker industry, as they have both the experience and resources at their disposal to build vehicles on both sides of the market which includes electric and gas.

As the electric vehicle market grows in the long term, they can easily transition their operation over to that market and go all in.

Open Banking: A Future Pillar of Finance

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Whenever we turn our smartphones and browse the internet, numerous buzzwords are being floated around. On an average day, you see names such as “cryptocurrency”, “web3”, “metaverse”, “bitcoin” and many other esoteric names for the average user.

It’s obvious that these names are slowly becoming the main staple and permeate through the different layers of the societal framework, it will stay there for some time.

Metaverse could be seen as a buzzword being pushed by a cash-heavy marketing team. One shift that is not being talked about a lot and is growing, is “open banking”. It could be seen more as an ideology than a financial instrument such as bitcoin.

Regardless, it is a fundamental pillar of the future of finance if traditional banks want to stay competitive in our decentralized era.

Open banking is basically the idea of banks sharing their data with the public. This data can then be used by developers to build applications on top of that customers can use. These data could even be used for research purposes as well.

The Tides Are Changing

Historically, banks were seen as a black box, you put your money into it, and depending on your interest, you can join programs to grow your money or just let it stay there as a “safe” haven.

The operations of the bank were never public and certain information was kept away from you as a client. In most countries, this basic model of how the banks work remains the same.

Fast forward a couple of years ago, due to improvement in core technologies and a data explosion, this model is changing and it is accelerating. In the United States of America for example, you have companies such as Plaid who are changing the way how customers interact with their banking data.

Plaid makes it easy for users to connect their bank account to other applications, this data is accessible through an API (Application Programming Interface). It’s an interesting application but only just the beginning of the fintech open data era.

Benefits Of Open Banking

Open banking might not be easily recognizable if you are not looking at the changes in finance. The benefits or changes with such technology might go unnoticed. Thus, I have listed 4 main reasons as to why open banking is necessary.

Transparency

Open banking provides transparency with our finances. Imagine if you have 4 different bank accounts from 4 different banks. Analyzing your financial data with a spreadsheet could be a huge pain and it’s hard to keep track of your data.

Open banking makes all those data transparent. All your data across all banks could be aggregated under one platform which could then make it easier to view and analyze.

Mint, is a platform that allows this to happen. You can connect all your banking data onto one platform and view all your information. You don’t need to open 5 separate banking applications to view your data.

Personalization

With your data now available on the internet, developers can design personalized applications for specific financial interests. Spendee is an application that allows you to personally track your income and expenses.

Applications such as these can allow you to track your cash flow, understand your financial habits and provide many other benefits such as analytics that would normally take a financial practitioner of some sort back in the past.

When data is available for developers to play with, they can get pretty creative and that is exactly what we are seeing now.

Automation

Automation is eating the world at this point and it’s not going back. Open banking is also making it easier for developers to create applications that are making automated decisions for us.

These automated decisions would normally take multiple persons to accomplish. For example, Digit is an application that automates processes such as saving, investing, budgeting, and other things all in one.

I am assuming that this is just the beginning as research is being done on how to apply cutting-edge artificial intelligent models to data in new and interesting ways. It’s definitely an area that I will look into as I am very enthusiastic about machine learning and artificial intelligent systems.

Competition

Open banking makes it easier for startups to break into the industry and have an impact. Due to the accessibility to data, individuals from all around the world can be able to build applications on top of data provided by banks and other financial institutions.

It promotes innovation, ingenuity, and strips away a little of the control that large banks usually have in the financial space.

Cryptocurrency is already causing an uproar among “dinosaurs” in the financial industry and it’s just the beginning for them. As data gets more accessible, customers will flock to applications that make it more convenient for them.

This will force archaic banks to spend money to not just get involved with open banking but develop applications as well.

The Future

Open banking is just one reason why the data revolution is a beautiful thing. Even though there are drawbacks such as data security, accessibility, and other issues, it is an idea that policymakers from different countries can take into consideration.

It is already happening in the USA and other parts of the world. But it has not yet been a large-scale movement.

This will happen in time and when it does, banks will have to rethink their cards around the table.

Yandex is looking for a media exit amid the war in Ukraine

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Russian search giant Yandex is looking to sever ties with its media products. Companies such as Zen which is a user-generated content recommendation system platform is currently being looked at.

Yandex News is another product that is potentially up for sale or some sort of liquidation. This news come under the backdrop of outside and internal forces.

From the outside, Russia is coming under pressure from the United States and NATO allies due to the invasion of Ukraine. We have seen sanctions all across the board for Russia and culling of the media outlets from the west who were mainly accused of spreading false information.

Internally, Russia is cracking down on information they deemed not suitable for the public such as news that is looking to taint the “special operation” in Ukraine as a war which is what the west is accusing them of starting.

As a result, Yandex is in a tight spot as there is an information war going on and they are in the midst of it all.

In a statement to investors, they made it clear that they are looking at different options for divestment and other strategies to some of their media platforms which can pose a risk for the company sometime in the future.

“The company intends to focus on developing its other technology-related businesses and products (including search, advertising, self-driving, and cloud) and transactional services (including ride-hailing, e-commerce, video/audio, and streaming), among others,” They stated.

The company has not come out publicly about a potential buyer as yet, but there are rumors swirling around that the Russian social media giant could probably be a contender.

Meta comes under pressure from Australian regulators

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PARIS, FRANCE - OCTOBER 28: In this photo illustration, the Facebook logo is displayed on the screen of an iPhone in front of a Meta logo on October 28, 2021 in Paris, France. This October 28, during the Facebook Connect virtual conference, Mark Zuckerberg announced the name change of Facebook, believing that the term Facebook was too closely linked to that of the platform of the same name, launched in 2004. It is now official, the Facebook company changes its name and becomes Meta. (Photo illustration by Chesnot/Getty Images)

Meta is yet again under the spotlight from Australia’s Competition and Consumer Commission (ACCC) over misleading ads and not taking the right steps to tackle the issue. One of the main issues found with the ads is the fact that the advertisers are attaching their advertisements to well-known public figures in Australia. In their post, they stated that,

“Apart from resulting in untold losses to consumers, these ads also damage the reputation of the public figures falsely associated with the ads. Meta failed to take sufficient steps to stop fake ads featuring public figures, even after those public figures reported to Meta that their name and image were being featured in celebrity endorsement cryptocurrency scam ads,”

They also stated that at one point a customer lost over $650,000 due to one of these advertisements.

“In one shocking instance, we are aware of a consumer who lost more than $650,000 due to one of these scams being falsely advertised as an investment opportunity on Facebook. This is disgraceful,” They stated.

To be fair, Facebook is a media platform and they are currently making an obscene amount of money from cryptocurrency ads. It would be hard for them to keep tabs on everything and close the valve, which will affect their revenue and then affect their stock price which was plummeting at the start of the year.

This is not to justify their actions but it’s obvious why they might not want to stop the crypto ads which are false.

Over the last couple of years, probably since the first crypto-mania in 2017, we have seen an explosion in cryptocurrency ads giving false promises to gullible and vulnerable civilians. Better education is needed in the public’s eye on how to not get scammed in these schemes.

India at the moment is doing a good job with this, as they have created laws that are forcing advertisers to create sections in their video dedicated to showing the risk involved with cryptocurrencies.

Microsoft clears the air on ads found in Windows 11 File Explorer

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REDMOND, WASHINGTON - JULY 17: A building on the Microsoft Headquarters campus is pictured July 17, 2014 in Redmond, Washington. Microsoft CEO Satya Nadella announced, July 17, that Microsoft will cut 18,000 jobs, the largest layoff in the company's history. (Stephen Brashear/Getty Images)

Last weekend a windows insider user created quite a stir on Twitter when he posted that he saw an ad in Windows 11 File Explorer. This ad was promoting Microsoft Editor, a browser extension for checking grammatical errors and spelling.

This banner ad was craftily integrated into the UI of the windows client-side application. This means that one day you could be searching within your windows documents and could potentially see an ad, which is normally seen on browsers.

This “finding” caused a lot of anger and disgust online, as users of Microsoft saw it as an invasion of “privacy” if that is still a thing. It was also seen as greed, the whole idea of having a client-side experience is to be disconnected from the internet and the online arena. Being served ads while experiencing windows just seems a bit off.

Microsoft quickly spotted the news and released a little PR to clean up the mess. It’s still not enough as they stated that the banner ad was a test and wasn’t supposed to be public. They also deactivated the feature which was limited to early insider users built for windows 11.

This is not the first time that Microsoft has tinkered with such a move. They have done already in 2016 and 2017 with Windows 10 where they ran a series of ads inside file explorer for OneDrive.

The fact that they have been actively testing such a feature, means that they either have something up their sleeves for the future, or they were just testing things to see how the crowd will react given how immersed we are in advertising. Regardless, it’s still not a move that will be widely received, especially for hardcore users.