TODDLER ACID ATTACK: Worcester 3-year-old deliberately assaulted with chemical

Worcester – VIJAY SHAH via HARLEY TAMPLIN and Metro

A three-year-old child was the deliberately-targeted victim of a shocking acid attack in the English town of Worcester, leaving the boy with severe injuries, according to local police in a report published by online paper Metro today.

West Mercia police, say that the child was attacked intentionally, but as this was a breaking news story, there have so far been no details published as to the motive or circumstances of the attack. The horrific incident took place yesterday late afternoon while the child was with guardians at a Home Bargains store at the Shrub Hill Retail Park in Tallow Hill, a district of the normally peaceful town. The child was ferried to a local hospital with serious burns to his arms and face.

 

Police sources have released CCTV camera footage of three men in casual summer clothing they urgently need to speak to. The images can be found on the Metro article linked below this one.

Officers have arrested one suspect, a 39-year-old man from Wolverhampton on suspicion of conspiracy to commit grievous bodily harm and is now in police custody.

Chief Superintendent Mark Travis said: “At this time we are treating this as a deliberate attack on a three-year-old boy.”

‘The incident will rightly shock the local community and I would like to reassure local people that we are carrying out a thorough investigation to identify those responsible. ‘At this time, the motive for the attack is unclear.

‘Officers are working hard to establish exactly what happened and what the substance involved was.

‘The three men in the photo may have information vital to our investigation. I am sure someone will recognise them and I would urge anyone with information to contact us as a matter of urgency.”

SOURCES:

HEM Newsbreakers, HEM News Agency, Twitter, Twitter Inc. https://twitter.com/halfeatenmind/lists/hem-newsbreakers

Metro, Twitter, Twitter Inc. https://twitter.com/MetroUK

“Boy, 3, left with serious injuries after ‘deliberate’ acid attack” – Harley Tamplin, Metro/Associated Newspapers Limited (22 July 2018) https://metro.co.uk/2018/07/22/boy-3-seriously-injured-deliberate-acid-attack-7745481/?ito=twitter

IMAGE CREDIT:

“SO8555 : Shrub Hill Retail Park, Worcester” – Jaggery, geograph (29 July 2017) http://www.geograph.org.uk/photo/5491172 © Copyright Jaggery and licensed for reuse under this Creative Commons Licence.

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DAGENHAM FILICIDE CASE: Man charged for murdering infant daughter

London – VIJAY SHAH via Sky News

 

A father from Dagenham, Essex has been charged at court for the crime of killing his two-year-old daughter, according to a report published yesterday by Sky News.

Rejwanul Islam, aged 25, is accused of causing his daughter, Mariyah Islam, serious head injuries in March 2016. She passed away at an undisclosed location in Euston, central London, and a post-mortem at St. Thomas’ Hospital in south London revealed the child has suffered a ‘traumatic head injury’.

After police investigations, the father was formally charged with Mariyah’s murder at Highbury Corner Magistrates’ Court in London yesterday. Court proceedings will continue at a later date.

SOURCES:

Shere Singh/Facebook.

“Man charged with murder of two-year-old daughter” – Sky News/Sky UK (15 July 2018) https://news.sky.com/story/man-charged-with-murder-of-two-year-old-daughter-11436496

IMAGE CREDIT:

” “Crime Scene Do Not Cross” tape” – Tex Texin, Flickr (9 June 2009) https://www.flickr.com/photos/textexin/3612094774

 

NEWHAM PUBS: Over half of borough’s watering holes have closed

London – VIJAY SHAH via ELLENA CRUSE and Newham Recorder

In a trend replicated across much of the United Kingdom, large numbers of public houses, licenced establishments selling alcoholic and non-alcoholic drinks. have closed down in the east London borough of Newham, according to figures published in an article from local newspaper, the Newham Recorder. Figures made available by the Inter-Departmental Business Register, a central government database of businesses, state that between the years 2001 to 2017, fifty-two per cent of the borough’s pubs have closed down, leading to a decline in community activities and the appearance of homogenised high streets.

 

Seventeen years ago, Newham had 105 pubs operating within its territory. As of last year, this number has shrunk down to only fifty, the second highest decline in London, and a development which has troubled the London mayor, Sadiq Khan. Mayor Khan urged central and local governments, including borough councils, and the pub industry to get together to stop the ongoing decline in pubs, many of which have been forced out of business by rising rents and business taxes, alongside a change in consumer drinking habits and the increasing cost of drinking and eating out at pubs. A nationwide smoking ban introduced in 2007 has also been blamed by many in the industry

The Mayor told the Recorder: “The traditional London pub has been at the heart of London’s communities for hundreds of years, but sadly they continue to face a long-term decline in numbers,’

‘As mayor, I have made safeguarding and growing London’s night-time economy a priority and am doing all I can to protect the capital’s iconic pubs.’

‘By creating the most pro-pub planning strategy the capital has ever seen I’ve shown what can be done, and I want to see the government and local authorities match my ambition and help protect these key community hubs for generations to come.”

Many closed-down public houses are converted to other business uses, or increasingly thanks to the city’s housing crisis and rising land prices, demolished to make way for flats or office complexes.

Geoff Strawbridge, the Greater London regional director for the drinking association the Campaign for Real Ale, added: “Camra branches would like to see all London boroughs adopting robust pub protection policies in their strategic plans and enforcing them in their planning decisions.

‘The mayor’s draft London Plan highlights the importance of London’s pubs as part of our heritage and culture and we commend the efforts of his team in reinforcing his message.”

Across all of London during the year 2017, pub numbers declined by around 2.4 per cent, according to the data sets published by the Inter-Departmental Business Register.

SOURCES:

Newham Recorder, Facebook, Facebook Inc. https://www.facebook.com/Newham.Recorder/

“Half of pubs in Newham have closed down” – Ellena Cruse, Newham Recorder/Archant Community Media Ltd (13 July 2018) http://www.newhamrecorder.co.uk/news/half-of-pubs-in-newham-have-closed-down-1-5606766

IMAGE CREDIT:

“File:Doolin-Gus-OConnors-Pub-2012.JPG” – Bjørn Christian Tørrissen, Wikimedia Commons (28 March 2012) https://commons.wikimedia.org/wiki/File:Doolin-Gus-OConnors-Pub-2012.JPG

IKEA-N’T BELIEVE IT!: English fans criticised for invading IKEA store after football victory

London – VIJAY SHAH via WIL JONES, Joe and other sources

While yesterday’s 2-0 win by England over Sweden in Samara for the World Cup 2018 was a perfect example of largely orderly and civil sportsmanship, a group of the England team’s supporters have come in for heavy criticism for behaving quite the opposite, after they invaded an IKEA store in London and partied in a show bedroom, with several men jumping on a double bed meant for display to customers visiting the Swedish-owned homeware and furniture store.

Live scenes at IKEA – LONDON #ENGSWE pic.twitter.com/rAOEm3cqqA

— محسن (@KingMo786) July 7, 2018

 

In videos that has gone viral on social media, a group of half-naked men, swigging beer and in an exuberant mood after the victory that advanced England to the quarter-finals, can be seen converging just inside the entrance of an IKEA store in the Westfield Shopping Centre in Stratford, London.  Chanting the football song “It’s Coming Home”, the men, largely in their twenties and thirties, are shown jumping up and down on the bed, while throwing around cushions and other items on display. In one clip a member of staff pleads with one of the fans to get down from the bed, while another, behind a till, shakes her head in disbelief.

While many on social media expressed surprise at the impromptu celebration-turned-vandalism/store invasion, others have condemned the fans in the IKEA store. One called for them to be named and shamed, and their identities turned over to IKEA and the city’s Metropolitan Police for civil damages and prosecution. They were also accused of bringing both England and football into disrepute and exhibiting hooligan-like behaviour. A small number of commentators however said that the men were merely having fun and that the negative reaction was overkill.

As of the time of publishing, IKEA’s UK retail division appeared to take the incident in their stride, commenting on one of the videos: “We are aware of a small group of fans celebrating the match result in one of our stores. Being both British and Swedish, we were on the edge of our seats during the game and we would like to say ‘grattis!’ (congratulations)”

SOURCES:

Ali Hassan Besher/Facebook.

“England fans criticised for invading IKEA store following victory over Sweden” – Wil Jones, Joe (7 July 2018) https://www.joe.co.uk/news/england-fans-criticised-for-invading-ikea-store-following-victory-over-sweden-188511

محسن, Twitter, Twitter Inc. https://twitter.com/KingMo786

BELGRADE: The Fortress

Belgrade – VIJAY SHAH via TARA GOLDSMITH and ReadyClickAndGo

While the capital of Serbia is not the first place that comes to mind for many when they think of a holiday destination with culture, history and impressive sights, Belgrade is in some ways an undiscovered treasure for those looking for something a bit different, but still ticking all the boxes.

Belgrade, known to its residents as ‘Beograd’, has an ancient history of settlement dating back to the Roman Empire. It was ravaged by the hordes of the Huns, and became an outpost of the Turkish Ottoman empire. In latter years, it was the capital of the Communist union of Yugoslavia, and saw much fighting, bloodshed and bombing during the collapse of that country in the early 1990s. By the end of the decade, Belgrade was bombed by NATO forces during the independence war of Kosovo. After all that mayhem, Belgrade has reinvented itself as a hip city of fashion, art and music that attracts young European things like wasps to honey.

Even with the modernisation and revamping characteristic of Belgrade now, the city has not let go of its history. Of particular importance is what is called by English-speaking tourists the Fortress. Located on the right bank of the Sava river which cuts through the city, the Fortress is chunky, stony and covers a great area of land, an inspiring monolith of masonry. The complex is said to be the final resting place of the great marauder and general Attila the Hun and was once the greatest military fortification in all of Europe.

The Fortress predates the Hun though. It was built in fact by the Romans who needed a strong fortification on the eastern fringes of their expansive empire to protect against tribes looking to overrun the territory. It was at first a Roman military camp and the largest structure in Belgrade’s ancestor, known in Latin as ‘Singidunum’.

 

After repeated incursions, the Ottoman forces overran Belgrade in 1521. Impressed by the magnitude of Belgrade’s Fortress, the Turks rechristened it Kalemegdan (or in modern Turkish “Kalemeydan”, (kale – city and megdan – field) and added two structures, the first being the fountain of Mehmed Pasha Sokolovic, the other the tomb of Damad Ali Pasha.

Over the years, the fortress became a hot potato, constantly passing between the rule of the Turks and the Austrians. The Austrians also added some cosmetic changes to the Fortress, mainly to its outer wall. The Turks were said to have preferred the local white rock (that is said to have given Belgrade its name) for their renovations, while the Austrians opted for traditional red brick. 

From being a military showpiece contested by regional powers, the Fortress wound up with a less dignified role centuries later. As Yugoslavia dwindled in size in the 1990s, local entrepreneurs turned the Fortress into a nightclub, playing probably house music inside a castle, you could say. Eventually the city government renegotiated the terms of use, and the Fortress was reborn as a local tourist icon and a museum.

The Fortress is split into four parts linked together via eighteen gates in total. The Fortress is large enough that it is considered as two phases, the Upper and Lower Towns, which are home to Orthodox churches, a planetarium, an apparently claustrophobic World War II bunker, and various monuments and museums.

Highlights available to visit today at the Fortress of Belgrade include a collection of Roman sarcophagi, gravestones and Christian church alters brought in from all of Serbia, the National Museum’s Collection of Stone Monuments. The Roman Well (which was actually built by the Austrians with their usual red bricks) was built for water supplies for troops, can be visited for a fee. There is also a clock tower and the 500-year-old Nebojsa Tower, built for the unsuccessful defence strategy against the Ottomans. Indeed the Fortress is essentially a combination of monuments of historical importance, museums, places of interest, religious buildings and parks, mostly with free entry and reasonable opening times. The fortress is also an UNESCO World Heritage Site.

SOURCES:

Listed@DrStephanieLang, Dr. Stephanie Lang, Twitter, Twitter Inc. https://twitter.com/DrStephanieLang/lists/listed-drstephanielang

First Night Design, Twitter, Twitter Inc. https://twitter.com/FirstNightArt

TaraGoldsmith, Twitter, Twitter Inc. https://twitter.com/Best_of_Tara

“BELGRADE FORTRESS” – Tara Goldsmith, ReadyClickAndGo Private Day Trips/ReadyClickAndGo (26 June 2015) https://www.readyclickandgo.com/blog/belgrade-fortress/

IMAGE CREDIT:

“Belgrade Fortress, once one of the most powerful military strongholds of Europe” – Jorge Láscar, Flickr (20 August 2012) https://www.flickr.com/photos/jlascar/13810353553

BERMONDSEY CARNIVAL: With a Latin American twist

London – VIJAY SHAH

If you like family days out and happen to be south of the river in London this Saturday, there is a cool dance festival just waiting to be visited, completely free of charge. The Bermondsey Carnival, being held at the Southwark Park this Saturday, 30th June 2018, is the perfect family fun in the sun session, with a summery mix of dance, music, events for adults and children and its own funfair.

South London is home to many vibrant Latin American communities, with Londoners from Brazil and Colombia forming the majority of them. This year, the Bermondsey Carnival will honour local South American communities by taking on a Latino/a theme, with performances from the Abba Gold Girls, the singer-songwriter Mancie Baker and a Salute to Sinatra from Louis Hoover, the original star of the Broadway show.

 

There will also be dance workshops (including a children’s dance tent for the little ones to practice their samba and Fortnite emote dances) and fun activities such as making masks, alongside food and drinks stalls. Look out for the ‘Rumble in the Jungle’, a massive jumble boot sale’ hosted by local residents, and the Plaza Latina with its South American music, food and dance, the Plaza is new for 2018.

The Create and Play Zone
An assortment of talented artists, performers and designers providing a multitude of engaging things to do

Nest Box and Mask Making Workshops with Café Gallery
Crafty Beasts Making Workshops with Time & Talents
Totally Wild Foraging Adventure walks running throughout the day (12.30pm – 1.30pm – 2.30pm – 3.30pm)
Jumping Bean Stories and Rhyme Tent (12.15pm – 1.15pm – 2.30pm – 3.30pm – 4.30pm)
Make Theatre with London Bubble Theatre. Turn yourself into a story gatherer, a story teller, a character creator or a history maker In the beautiful Bubble Yurt throughout the day from: 12pm to 4pm.

SE16 DANCE Tent hosted by the Movement Factory.
Come and take part in an exclusive range of free dance workshops running throughout the day. No previous dance experience necessary

SE16 Dance Tent Workshops Times
12.00 to 12.30: Musical Mayhem- Musical Theatre
12.30 to 13.15: The Movement Factory- Street Dance
13.15 to 13.40: Kinetika Bloco
Performances Times

13.40 to 14.00- Kinetika Bloco
14.00 to 14.25 – Musical Mayhem
14.25 to 14.30 – Ellz & Sharz
14.30 to 14.40 – Hazel
14.40 to 14.50 – The Mia Dancers
14.50 to 14.55 – Jerdy
14.55 to 15.00 -Ellie
15.00 to 15.05 – Gawz
15.05 to 15.10 – Double Twist Dance Co.
15.10 to 15.30 – Southwark Gymnastics
15.30 to 15.40 – DHK Shortman
16.00 to 16.45 – DHK Shortman / Dance Hall
16.45 to 17.30 – The Movement Factory

The festival is being organised by Southwark Council, along with Bermondsey Beat and The Friends of Southwark Park.

Sat 30th June, 12pm- 8pm: Bermondsey Carnival
Southwark Park, Gomm Rd, SE16 2TX

SOURCES:

Vijay Shah { विजय }, Twitter, Twitter Inc. https://twitter.com/VShah1984

Super London, Twitter, Twitter Inc. https://twitter.com/SuperLNDN

Skint London Mag, Twitter, Twitter Inc. https://twitter.com/SkintLondon

“Top Skint picks for the Weekend!” – Skint London (29 June 2018) http://www.skintlondon.com/top-skint-picks-for-the-weekend-48/

“Bermondsey Carnival 2018” – WISE16.CO.UK https://www.wise16.co.uk/free-bermondsey-carnival-2018-at-southwark-park/

IMAGE CREDIT:

“Samba procession @ Carnival De Cuba, London 2008” – jf 1234, Flickr (29 June 2008) https://www.flickr.com/photos/kde-head/2622435786

SUPPORTING ENGLAND DESPITE THE HATERS: Shop manager stands up against football racists

Ilford – VIJAY SHAH via ELLENA CRUSE and Ilford Recorder

A shop owner of Indian heritage, who was allegedly abused by racists and warned off his show of support by a fellow Indian after adorning his business with the flag of St. George in support of the England World Cup football team has vowed to fight back against the prejudice he suffered by increasing the number of flags flying at his shop, the Ilford Recorder newspaper reported today.

The unnamed owner of GMS Heating & Plumbing Spares, Ilford Lane, in the London-Essex town of Ilford, a Sikh Punjabi, declared his backing of the ‘Three Lions’ team by placing the distinctive red-and-white cross of England around the outside of his store, as well as a string of smaller flags of all the national teams in the World Cup across the shopfront.

 

The decorations riled some locals, who did not understand why a person of Indian origin was supporting England, even though he had lived in the country for forty years and had been supporting the national team for twenty years. Staff at GMS began receiving hate mail and letters criticising their manager’s allegiances. One handwritten missive accused the manager of forgetting his heritage and disavowing his culture and skin colour. The rambling letter went on to say that if National Front racists had seen the flags, the shop owner would have been ” [kicked] back to Indian with out (sic) your trousers on and give you flower (sic) to take”

The note, written anonymously and addressing the GMS owner as ‘Uncle’, annoyed the man and he has vowed to now add more England flags to his football display. 

The manager told the Recorder that the letters would not stop him supporting his favourite side, but that it had cast a shadow over the store’s World Cup celebrations.

“It is shocking how backward minded people think that by supporting the country you live in you will be dishonouring our religion or insulting India,” he added.

“These are the wrong people, not the ones who enjoy being part of the English culture.”

David Landau, a senior caseworker at the local people relations charity Redbridge Equalities and Community Council, said abuse in any form should not be tolerated and needs to be reported.

“This is a rather unusual situation but abuse is abuse and if someone is abused for putting up England flags this is wrong,” he said.

“It shouldn’t be happening and racism needs to be condemned.”

Another South Asian-owned business on the same Ilford road, which runs through the far west of the town along the border with Newham, also reported receiving similar letters after they also flew English flags outside their premises.

SOURCES:

Ilford Recorder, Facebook, Facebook Inc. https://www.facebook.com/IlfordRecorder/

“Abusive letters won’t stop Ilford Sikh shopkeeper from displaying England flags during the Football World Cup” – Ellena Cruse, Ilford Recorder/Archant Community Media Ltd (24 June 2018) http://www.ilfordrecorder.co.uk/news/ilford-manager-will-put-up-more-england-flags-after-abusive-letters-1-5574492

IMAGE CREDIT: 

“SO7192 : Old Castle pub in Bridgnorth” – Jaggery, geograph (2 July 2014) https://www.geograph.org.uk/photo/4099318

   © Copyright Jaggery and licensed for reuse under this Creative Commons Licence.

SULLEE J: Revolutionary featuring KXNG Crooked, Sullee Justice & more

Baltimore-based Pakistani-American rapper, Sullee J, also known as Sullee Justice, has announced the release of a new single this month, made in collaboration with rap legend KXNG Crooked (Crooked I) and others.  The fresh new banger, “Revolutionary”, has already been making waves, and is the latest in a long line of collaborations between the two artists these past few years. The song also crosses borders with an entrance all the way from Iran, Big Majazi (who raps powerfully in his native language, Farsi), and Great Britain’s Thir13en also providing vocal talent. Combining the instrumental hip-hop style of the 1990s with today’s trap beat, Revolutionary is a song that tells the struggle of life, while energising you ‘like a warrior’. The song aims to not only be a great track to listen to, but also as a vehicle to disseminate the truth. The song is now available for listening and download on various outlets, with proceeds going to charity.

****

KXNG Crooked might be known to the masses for his role in former rap supergroup, Slaughterhouse, but he has always been supportive of up and coming artists. He has blessed many freestyle circles and cyphers over the years, proving to be one of the hottest rappers in the game. Today, KXNG Crooked, Sullee Justice, Big Majazi and Thir13een get together and release their joint single, “Revolutionary”.

Baltimore’s Sullee Justice has worked with KXNG Crooked on multiple tracks over the years, and is widely known for his philanthropy, cameos in music videos such as Eminem ft. Beyonce “Walk on Water” and major collaborations with artists such as Royce Da 5’9, Young Noble, D12, Canibus and more. He has an upcoming album titled “Spear” which is soon to drop toward the end of this year. Sullee J is known for consistently conveying a positive and powerful message in his music. He and Big Majazi from Iran designed the project behind “Revolutionary”. They recruited Thir13een from the UK for the hook. The track embodies each artist’s perspective on the world, lyrically over a tight beat.

As KXNG Crooked states in the song, “You can put a revolutionary in jail, but you can’t jail the revolution.”

****

 

Youtube: https://youtu.be/v96Rf0a8rw8

Spotify: https://open.spotify.com/album/4xVMPO7Qp4OHnwLImNXsLh?si=1SM3tAyFR9qDqiVwnG8vhA

iTunes: http://itunes.apple.com/album/id1391542511?ls=1&app=itunes

Follow the artists on Twitter at @CrookedIntriago @bigmajazi @Thir13eenBeatz & @SulleeJustice

officialsulleej.com

SOURCES/VIDEO CREDIT:

Sullee Justice/Sullee J Management

 

MOTHER NATURE: Nature photo blog marks 5th anniversary

Croydon – VIJAY SHAH with ALEX SMITHSON

Mother Nature, the nature and photographic diary blog of Croydon-based blogging enthusiast Alex Smithson, has marked five years of being online this past week.

Alex has been a long term friend and supporter of HEM News Agency for the past four years, from when it was called the Half-Eaten Mind Blog. Based in the suburban town of Croydon, just south of London, Alex first started working on Mother Nature (under its former simpler title, ‘Photography – Nature’) on the 6th of June, 2013 when he uploaded a number of photography projects taken with a Samsung ST200F camera he carried around with him.

 

Alex began to use the new blog to explore his passions of gaming, technology and nature photography and show his imagery to a steadily growing audience.

Five years on, Mother Nature has gone from strength to strength, chronicling Alex’s pictorial journey around his hometown, his commencement of an A-Level photography course at a local college and even him getting to grips with the graphic design software, GIMP.

While the design and look of Alex’s blog has shifted much over the years, he still uses Mother Nature as a creative venue for his photos of colourful flowers and wildlife. For Alex, photography is a stimulating vocation that has motivated him in the hard work of maintaining his website and keeping the interest flowing.

In addition to his photography and writing work, Alex Smithson has also taken on the mantle of mental health advocate, publicising various issues and neurological conditions,  such as autism, mental health stigma and the impact of social media on youngsters’ minds. The blogger had lent his support to various mental health charities like Depression Alliance, the Samaritans, Mind and others. His advocacy for mental health and neuro-diversity has already won him praise from actor Oli Regan, who collaborated with Alex on one of his articles. Alex plans to further his campaigning for mental health issues through the medium of photography as part of his blog’s fifth anniversary celebrations.

Mother Nature

SOURCES:

“Celebrating 5 Years of Mother Nature!” – Alex Smithson, Mother Nature (6 June 2018) https://asterisk15.wordpress.com/2018/06/06/celebrating-5-years-of-mother-nature/

“Mental Health Organisations” – Alex Smithson, Mother Nature https://asterisk15.wordpress.com/mental-health-organisations/

IMAGE CREDIT:

Alex Smithson/Mother Nature.

THE CASARES FORMULA: An Argentinian trick to become a bitcoin millionaire

Crypto-currencies have heralded the 21st century version of the Gold Rush as rising interest in the investment power of these new forms of payment is buoyed by the innate desire of many people to become rich beyond their wildest dreams. While some are very much wary of the newfangled money, particularly given the oft-reported lurches in the value of Bitcoin itself, a crypto-currency pioneer from Argentina claims to have worked out a simple formula to transform yourself into a bitcoin millionaire.

 

Entrepreneur Wenceslao Casares is the CEO of startup Xapo, a company that offers storage, purchase and purse services for bitcoins, and was previously founder of an Internet service provider, a video game company and a bank. Largely based in the tech heartland of Silicon Valley in the United States these days, Casares has long been a vocal defender of bitcoin and played a role in the development of the internet itself, according to online magazine Grandes Medios. His love of crypto and hobnobbing with the technorati even enabled him to convince Microsoft tech billionaire Bill Gates to adopt the currency. Casares also took on a position as an advisor for the compensation board of the PayPal council in 2016.

Being so familiar with the technology of the Net, you would have expected Casares to be quite knowledgeable about crypto-currencies, and indeed he claims to have cracked the binary code behind how to win big with cryptocoins. 

In an address to crypto advocates at the Westin Hotel in Times Square, New York, US, Casares publicly announced his formula to become a bitcoin millionaire, according to Quartz magazine. Casares advised the attendees to take just one per cent of what they owned in money, convert it into bitcoins and then stash the funds away for five years, simply forgetting about it. He said that even though you will lose one per cent of your fortune, within five years the value of bitcoin will have risen enough that you would be a millionaire in dollar terms, he told the audience.

Casares believes that while bitcoin will be on an upward value trajectory, it is still an investment with risks like any other. He warned that the success rate of his formula is fifty per cent and that there was a twenty per cent chance that bitcoin would fall and become worthless, meaning investors would lose all of their initial cash, but Casares also prophesied that within five years a single bitcoin would trade for more than a million U.S. dollars apiece. As of today’s date, one bitcoin is worth nearly USD 7,650 ($7,643.64), or GBP/£ 5,699.32.

Casares also predicted that bitcoin, as a ‘meta-currency’ would bypass central banks and become a new global monetary standard, “If bitcoin is successful, it will be the biggest leap forward in the democratisation of money we have seen, “ he said.

SOURCES:

Vijay Shah { विजय }, Twitter, Twitter Inc. https://twitter.com/VShah1984

Alexander Ochoa, Twitter, Twitter Inc. https://twitter.com/AlexanderOchoaQ

“La elemental fórmula con bitcoines que te hará millonario” – Grandes Medios/Grupo Editorial Grandes Medios (24 May 2017) https://www.grandesmedios.com/formula-ganar-millones-bitcoines/

IMAGE CREDIT:

“Cryptocurrency Concept Blockchain · Free photo on Pixabay” – WorldSpectrum, Pixabay (23 January 2018) https://pixabay.com/en/cryptocurrency-concept-blockchain-3409725/