2014.01.13 05:42 Oak Island mysteries redditted here. CROWN TIME
2021.04.13 16:39 yohoschool FansofOakIsland
2019.04.24 19:09 scottbolanderhumor West Africa Oak Island Discussion Group
2023.03.21 19:34 Adventurous-Ear9433 The importance of the Gut-Brain & finding your center
2023.03.21 19:05 ShemtovL Kutach HaBavli and/or Medieval Haroset : Old Jewish foods
2023.03.21 18:59 AdAffectionate231 Features of Utopia P2P Ecosystem
2023.03.21 18:36 Worthy_News California ministry calls for 10,000 Christian volunteers in massive Gospel outreach
![]() | California ministry calls for 10,000 Christian volunteers in massive Gospel outreach submitted by Worthy_News to WorthyChristianGroups [link] [comments] As part of a massive Gospel outreach to California, a local evangelistic ministry is calling for 10,000 Christian volunteers to spend a week preparing the way for the subsequent 10 “HopeFest” large stadium events that will be held across the state from April 1-2. https://www.worthynews.com/?p=84014 |
2023.03.21 18:26 AnonymusWaterBuffalo After Reading IPCC Report, I Put Together Some Positive Climate News
2023.03.21 18:19 Kawentzmann Temperatur im Verlauf der Geschichte
![]() | submitted by Kawentzmann to Klimawandel [link] [comments] |
2023.03.21 18:16 yashaswaaryan LeHistory
![]() | submitted by yashaswaaryan to dankmemes [link] [comments] |
2023.03.21 17:55 AgentBathBomb A short history of the Koudeiland Islands
2023.03.21 17:19 MrMonstrosity D4 Unique Items
Item Name | Type | Power | Flavor Text |
---|---|---|---|
Ramaladni's Magnum Opus | 1h Sword | Skills using this weapon deal x% increased damage per point of Fury you have, but you lose x Fury every second. | "Without him the wine is less sweet, the hearth less warm, and our blades less keen. Our blood brother is gone, but Bul-Kathos willing, we will meet again one day." - Sorrowsong for Ramaladni *this is a tribute to Travis Day, a Blizzard developer who passed away. |
Ancients' Oath | 2h Axe | Steel Grasp launches 2 additional chains. Enemies hit by Steel Grasp are Slowed by x% for x seconds. | "Weapons wielded by the fiercest warriors often catch the eye of the Ancient spirits. If the wielder is worthy, the spirits may bless the steel with their strength." - Gerti, Oxen Tribe Forgemaster |
Hellhammer | 2h Mace | Upheaval ignites the ground Burning enemies for an additional x damage over x seconds. | The demon prince Ikonoth slew hundreds of the Heavenly Host with this infernal hammer before falling to none other than the Archangel Imperius himself. |
Overkill | 2h mace | Death Blow creates a shockwave, dealing x% of its Base damage to enemies. Enemies who die to this effect also reset Death Blow's Cooldown. | The malformed snake creatures that live in the swamps are not content with simply killing their prey. They seem to take a malicious pleasure from inflicting as much suffering as possible before death. |
Fields of Crimson | 2h Sword | While using this weapon, damaging at least one enemy with Rupture creates a blood pool that inflicts x Bleeding damage over x seconds. Enemies standing in the pool take x% increased Bleeding damage. | "We've been fighting these flesh-eaters for so long, been soaked in so much blood, that after a while it's difficult to tell what side you're truly on." - Daelyr, Crane Tribe warrior |
Battle Trance | Amulet | Increase Frenzy's maximum stacks by x. While you have maximum Frenzy, your other Skills gain x% increased Attack Speed. | "The change that overtook my brother in battle was terrifying. His eyes turned hard like diamonds, and the way he moved... it was like he was dancing to music only he could hear." - Captain Dervin |
100,000 Steps | Boots | After gaining the final damage bonus from the Walking Arsenal Key Passive, you automatically cast Ground Stomp and gain x Fury. This cannot happen more than once every x seconds. | "While many Barbarians remained in the Dreadlands, small groups from the Oxen, Crane and Bear tribes instead chose to search the land for a new home." - A History of the Children of Bul-Kathos |
Rage of Harrogath | Chest | Lucky Hit: Up to a x% chance to reduce the Cooldowns of your Non-Ultimate Skills by 1 seconds when you inflict Bleeding on Elites. | Harrogath, the final bastion of resistance against Baal's assault on Mt. Arreat was destroyed along with the Worldstone. The survivors never forgave the betrayal that led to the loss of their home. |
Gohr's Devastating Grips | Gloves | Whirlwind explodes after it ends, dealing x% of the total Base damage dealt to surrounding enemies as Fire damage. | "The brutish construction of these gloves belies the strength they bestow. Gohr was clearly no craftsman, but it would be foolish to ignore the triumph of his work." - Barrett's Book of Implements |
of Hammering *(this is listed as unique test, but the name reads more like a legendary.) | 2h Mace | (PH) Consecutive Hammer of the Ancients increase the next cast's damage by x% its radius by x%. | - |
Item Name | Type | Power | Flavor Text |
---|---|---|---|
Waxing Gibbous | 1h Axe | Gain Stealth for x seconds when killing enemies with Shred. Breaking Stealth with an attack grants Ambush which guarantees Critical Strikes for x seconds. | The nights preceding the full moon are sometimes far more dangerous than the event itself. The frenzy has begun to rise, yet the night is just dark enough to obscure a hunter from their prey's sight. |
Greatstaff of the Crone | 2h Staff | Claw is now a Storm Skill and also casts Storm Strike at x% normal damage. | "She has existed in Scosglen since before Fiacla-Géar walked the land. Her purpose is a mystery to us all. However, approach her with deference; she may grant you her counsel." - Airidah, to Donan |
Mad Wolf's Glee | Chest | Werewolf form is now your true form, and you gain +2 Ranks to all Werewolf Skills. | "He was not a victim of the curse - he sought it out. As his skin split and his bones cracked, his laughter never ceased." – Tale of the Mad Nobleman |
Insatiable Fury | Chest | Werebear form is now your true form, and you gain +2 Ranks to all Werebear Skills. | When the Days of Ash began, the great druid Nafain reminded his disciples that nothing, not even the loss of their humanity, was too great a sacrifice to protect Túr Dúlra from Astaroth's flames. |
Tempest Roar | Helm | Lucky Hit: Storm Skills have up to a x% chance to grant x Spirit. Your base Storm Skills are now also Werewolf Skills | "Listen, child, to the music of the storm. It has its own rhythm. Its own melody. Hear how beautifully it sings, and perhaps one day you will be able to join in its harmony." – Airidah |
Vasily's Prayer | Helm | Your Earth Skills are now also Werebear Skills and Fortify you for x. | "Roots from the Great Oak growing at the seaward statue of Vasily will, on rare occasions, be found twisted back upon themselves, suffused with ferocious magic." - Barrett's Book of Implements |
Storm's Companion | Pants | Your Wolf Companions are infused with the power of the storm, dealing Lightning damage and gaining the Storm Howl ability. | "The storm's rage is my own, brother. I call, and the skies roar in reply." - Vasily, to Bul-Kathos |
Hunter's Zenith | Ring | Gain a bonus when you kill with a Shapeshifting Skill: Werewolf: Your next Non-Ultimate Werebear Skill costs no Resource and has no Cooldown. Werebear: Your next Werewolf Skill will Heal you for x when damage is first dealt. | "By fang, claw, spear, or sword - send the bastards back to the flames from which they crawled! Soak the peat with their blood! For Fiacla-Géar! For Scosglen!" - Nafain, during the Days of Ash |
Item Name | Type | Power | Flavor Text |
---|---|---|---|
Black River | 1h Scythe | Corpse Explosion consumes up to x additional Corpses around the initial Corpse, dealing x% increased damage and with a x% larger radius per additional Corpse. | "The scrolls describe a river of tar that separated the living from the land of the dead. Any unfortunate soul who tried to cross would be dragged down into oblivion." - Notes of Scholar Kamien |
Bloodless Scream | 2h Scythe | Your Darkness Skills Chill enemies for up to x%. Lucky Hit: Your Darkness Skills have up to a x% chance to generate x additional Essence against Frozen targets. | "My companion swung her odd weapon in a wide arc, and our pursuer stopped short. The look of horror on his face as his body fell to pieces will haunt me forever." - The Ebon Pages, Canto II, Verse XI |
Deathspeaker's Pendant | Amulet | Blood Surge casts a mini nova on your Minions, dealing x damage. Damage is increased by x% per target drained by the initial cast, up to x%. | Once a sanctum for Rathma's studies, the Temple of the Deathspeaker became a proving grounds for potential leaders of his priesthood. Its halls are filled with the corpses of those who failed. |
Greaves of the Empty Tomb | Boots | Create desecrated ground beneath your Sever spectres as they travel, damaging enemies for x Shadow damage over x seconds. | "The massive door to my family's crypt, which had taken a dozen men to close, was thrown open. Had I known the horrors to come I never would have set foot inside!" -The Ebon Pages, Canto I, Verse VII |
Blood Artisan's Cuirass | Chest | When you pick up Blood Orbs, a free Bone Spirit is spawned, dealing bonus damage based on your current Life percent. | "The infamous Necromancer Gaza-Thul's mastery over blood magic was indisputable. Many suspect that upon his death, his skin was used to fashion this eldritch armor." - Barrett's Book of Implements |
Howl from Below | Gloves | Instead of detonating immediately, Corpse Explosion summons a Volatile Skeleton that charges at a random enemy and explodes. Corpse Explosion's damage is increased by x%. | "Can you not hear it? That endless scream from the cold earth beneath your feet!? They are down there, trapped, blind with rage! Waiting to drag us down into the sod!" - Ravings of Madman Gustav |
Deathless Visage | Helm | Bone Spear leaves behind echoes as it travels that explode, dealing x damage. | "Rathma is endless. He was the first Ancient, and will remain at the end. He is the master of the Great Cycle of Being. When Death comes for him, why should he fear it?" - Vauntus, Acolyte of Rathma |
Ring of Mendeln | Ring | While you have x or more Minions you gain: Lucky Hit: Up to a x% chance to empower all of your Minions, causing the next attack from each to explode for x Physical damage. | The signet of Mendeln ul-Diomed, the founder of the Priests of Rathma and the first Necromancer, was lost for over 3,000 years. The immense power over death held within, however, has not diminished. |
Item Name | Type | Power | Flavor Text |
---|---|---|---|
Condemnation | Dagger | Your Core Skills deal x% increased damage when spending 3 Combo Points. Your Basic Skills using this weapon have a x% chance to generate 3 Combo Points. | "I've never seen such ruthless butchery. He deserves to be be shipped off to die in the swamps with the rest of the godless murderers." - Witness to the murder of Sergeant Walcot |
Asheara's Khanjar | Dagger | Hits with this weapon increase your Attack Speed by x% for x seconds, up to x%. | When Caldeum's gates closed, Asheara led her Iron Wolves out of the city knowing full well they would never return. Instead they roamed Kehjistan pledging their blades to any who were in need. |
Skyhunter | Bow | The first direct damage you deal to an enemy is a guaranteed Critical Strike. If you had maximum stacks of the Precision Key Passive when you cast the Skill, gain Energy, this can only happen once per cast. | "Genai took up her bow and aimed at the sun itself. The light burned her eyes, but her arrow flew true. Wounded, the sun hid, and brought forth the first night. - Fable of the Great Sky-Hunt |
Windforce | Bow | Lucky Hit: Hits with this weapon have up to a x% chance to deal double damage and Knock Back the target. | "There have been numerous world-shaping conflicts throughout history. This bow has been found on the battlefield of every one, and always in the hands of the victors." - Barrett's Book of Implements |
Word of Hakan | Amulet | Your Rain of Arrows is always Imbued with all Imbuements at once. | "Let the great gates of Caldeum be sealed. Let its proud walls stand fiercely defended. The rest of Kehjistan may suffer this plague, but my city, and my people, will not." - Proclamation of Hakan II |
Grasp of Shadow | Gloves | Lucky Hit: Damaging a Vulnerable enemy with a Marksman or Cutthroat Skill has up to a x% chance to summon a Shadow Clone that mimics your attack. | Dark wisps creep hungrily across these gloves, like an assassin's blade seeking a life to steal on a moonless night. |
Cowl of the Nameless | Helm | You gain x% increased Lucky Hit Chance against Crowd Controlled enemies. | "He is banished from the Guild, his name stricken from the Book. His punishment is to never have been." - Excerpt from a burned parchment |
Eyes in the Dark | Pants | Unless it hits a Boss or Player, Death Trap will continue to re-arm itself until it kills an enemy. However, Death Trap's Cooldown is increased by x%. | "And so, when the sun dipped behind the hills each night, he knew that Ashen Jack would soon be near. Watching, and waiting." - Greenslade's Tales, Chapter 2: "Each Long Night" name*:* Eyes in the Dark |
Item Name | Type | Power | Flavor Text |
---|---|---|---|
Flamescar | Wand | While Channeling Incinerate, you periodically shoot embers that are attracted to enemies, each dealing x Fire damage. | The burn may heal, but the pain is eternal. |
Staff of Endless Rage | Staff | Every 3rd cast of Fireball launches 2 additional projectiles. | "Leaving even blackened bones for your kin to mourn is too good an end for you." - Josiah |
Staff of Lam Esen | Staff | Charged Bolts pierce, but deal x% less damage. | "Also known as the Greatstaff of the Old Religion, this powerful relic is one of only a small handful of Skatsimi artifacts that have survived to this day." - Barrett's Book of Implements |
Esadora's Overflowing Cameo | Amulet | Upon collecting Crackling Energy, there's a x% chance to release a lightning nova, dealing x Lightning Damage. | The only thing more potent than Esadora's magic was her endless hatred of humanity. As she lay dying, the pale amulet around her neck drank in both. |
Esu's Heirloom | Boots | Your Critical Strike Chance is increased by x% of your Movement Speed bonus. | "While scholars have proven these boots were not created by Esu herself, it is noteworthy that they have been passed down since the formation of the Mage Clans." - Barrett's Book of Implements |
Raiment of the Infinite | Chest | After using Teleport, Close enemies are Pulled to you and Stunned for x seconds, but Teleport's Cooldown is increased by x%. | The power you have is never enough. |
Gloves of the Illuminator | Gloves | Fireball now bounces as it travels, exploding each time it hits the ground, but its explosion deals x% less damage. | After Inarius returned to Sanctuary, he sought a way back to the High Heavens. His first step was to reignite the religion he had abandoned millennia before: the Cathedral of Light. |
Iceheart Brais | Pants | Enemies that die while Frozen have a x% chance to unleash a Frost Nova. | The mad artisan saw his fingers turn black from frostbite as he worked the cloth, but refused to stay the needle and thread for even a moment. |
Item Name | Type | Power | Flavor Text |
---|---|---|---|
The Butcher's Cleaver | 1h Axe | Lucky Hit: When you Critically Strike an enemy you have up to a x% chance to Fear and Slow them by x% for x seconds. | A nightmarish amalgam of blood, bone and steel, this axe is as horrific, and as deadly, as its creator. |
Doombringer | 1h Sword | Lucky Hit: Up to a x% chance to deal x Shadow damage to surrounding enemies and reduce their damage done by x% for x seconds. | Whenever this ancient sword has reappeared throughout history, it portends a time of great strife, as well as a devastating loss of life. |
The Grandfather | 2h Sword | Increases your Critical Strike Damage by x%. The other properties on this weapon can roll higher than normal. | An unbroken lineage of unwavering strength. |
- | 2h Sword | - | - |
- | 2h Sword | - | - |
- | 2h Sword | - | - |
Melted Heart of Selig | Amulet | Gain x% Maximum Resource. In addition, when you take damage, drain x Resource for every x% of Life you would have lost instead. | "Do not allow your passions to become obsessions. Fuel the fire that burns within you, but it is madness to allow yourself to become ash to please an uncaring universe." - Last words of Master Selig |
Penitent Greaves | Boots | You leave behind a trail of frost that Chills enemies. You deal x% more damage to Chilled enemies. | Remorseful devotees of the Cathedral of Light must undertake a grueling pilgrimage, journeying across the frigid glacier known as the Serac Rapture. Only then may their gravest sins be forgiven. |
Razorplate | Chest | Gain x Thorns | Crafted by the cannibal Armoda, each piece of this interlocking armor has been sharpened into a knife's edge. Even a century after death, the plate remained on her corpse, unable to be removed safely. |
Fists of Fate | Gloves | Your attacks randomly deal x% to y% of their normal damage. | "Will you let fear cheat you, or will you risk everything to find understanding? After all, death is simply the coin with which we purchase life." - Zurke |
Frostburn | Gloves | Lucky Hit: Up to a x% chance to Freeze enemies for x seconds. | A touch so frigid it stops the heart and chills the very soul. |
Andariel's Visage | Helm | Lucky Hit: Up to a x% chance to trigger a poison nova that applies x Poisoning damage over x seconds to enemies in the area. | The horrific whispers of the Maiden of Anguish flicker through your mind, pushing you ever closer to madness... |
Harlequin Crest | Helm | Gain x% Damage Reduction. In addition, gain +x Ranks to all Skills. | "This headdress was once worn by an assassin disguised as a court mage. Her treachery was unveiled, but not before she used its magic to curse the king's entire lineage." - The Fall of House Aston |
Temerity | Pants | Effects that Heal you beyond x% Life grant you a Barrier up to x% of your Maximum Life that lasts for x seconds. | "The revelation that master tailor Callas was in fact a witch only served to further fuel the desire for her uniquely enchanted legwraps." - Barrett's Book of Implements |
Mother's Embrace | Ring | If a Core Skill hits x or more enemies, x% of the Resource cost is refunded. | "Every tome, every scroll, every book in this temple produces the same answer. The only being willing to stand against the Eternal Conflict, against the Prime Evils, was Lilith." - Elias |
Ring of Starless Skies | Ring | Each consecutive Core Skill cast reduces the Resource cost of your next Core Skill by x%, up to a maximum of x%. | "Yours is the power to pluck the stars from the heavens with the ease of a child gathering fruit from the bough." - Unknown |
2023.03.21 17:18 MikhailKam Librarium Path to knowledge
2023.03.21 17:16 yellowwallpaperbias The Ex of Many Names, Hermie
2023.03.21 17:14 JustAskingTA I know people were ragging on the "Why is Devon Island, Nunavut, uninhabited?" OP, but there ARE inhabited settlements surrounding it on neighbouring High Arctic islands - with a sad and interesting history behind them.
![]() | submitted by JustAskingTA to geography [link] [comments] |
2023.03.21 17:11 rubenalamina Week of 21/03/2023 - Manhunt Targets - Weekly Invaded Missions
2023.03.21 17:10 LockDaisyyy Your Resident Evil 4 Remake Wishlist?
2023.03.21 17:10 schmah Für eure nächste Diskussion mit einem "harmlosen Geschichtsenthusiast"
![]() | submitted by schmah to gekte [link] [comments] |
2023.03.21 17:09 InternationalWash822 Warren Buffett invested in these Fintech Companies - How does SOFI Measure Up?
![]() | The fintech industry has seen one of the most exciting growth trends as it revolutionizes how people access financial services. Right now, there are over 30,000 fintech startups and by the end of 2021, fintech investment reached a total of $210 billion. The fintech sphere is only expected to grow, so I believe it is a very attractive industry for investors and Warren Buffet seems to think so too. submitted by InternationalWash822 to Shortsqueeze [link] [comments] The Oracle of Omaha has been making large investments in multiple fintech companies. In fact, Buffet has invested over $900M (107.1M shares) in the Brazilian company, Nu Holdings, and $907M (30M shares) in ALLY. This is a huge investment even for someone like Buffett. Nu Holdings is actually his 8th largest investment in terms of shares. This raises the question, why has Buffett invested in these other fintech companies, but not in Sofi? Throughout this post, I’ll be talking about Sofi, ALLY, and Nu Holdings - comparing their pros, cons, and similarities. My goal here is to see if there is room for 3 top dogs in the fintech industry or not. Why has Buffett purchased a lot of shares of Nu Holdings, specifically? For starters, the company has grown its customer base to 70.9 million clients in just over a year since going public. Nu Holdings provides credit cards to people who are not eligible to get one through other banks & tries to minimize risk by reducing the eligible benefits that the customer is initially eligible for. As they pay their bills on time, they unlock more benefits & more credit limits. Another reason is its management. It's no secret that Buffett likes to invest in companies with good management. As he once said, “When we own portions of outstanding businesses with outstanding management, our favorite holding period is forever.” Nu Holdings has recently hired David Marcus (former president of PayPal & former Meta Board member) on March 6 to be part of its Board of Directors. It’s expected that David will play a crucial role in Nu’s journey going forward. The rest of the management team brings a lot of experience to the table as well:
Nu Holdings’ Edge - Brazil’s Unbanked Population Before Nu Holdings started, over 55 million Brazilians were unbanked. This is because it's notoriously difficult for people who are not wealthy to obtain credit cards in Brazil. In general, it's very difficult to get a credit card in Latin America without being one of the wealthy elites. By offering credit cards to people who would not be able to obtain one any other way, Nu has captured a large, untapped market. This is the main reason Nu is as successful as it is today. Compared to SOFI, Nu Holdings has a much larger client base, this is of course due to its operations in Brazil, Mexico, & Columbia which in total have a larger population than the US. Thanks in part to these widespread operations, Forbes listed Nu Holdings as one of the world’s best banks in 2022. Nu Holdings has a larger client base, more revenues, and is growing at a much faster rate than Sofi. The main reason for this is the fact that Nu Holdings doesn’t have as many competitors as Sofi, especially since they focus on an untapped market in Latin America. With Sofi, they have competitors right, left, and center due to established banks and fintech competitors. Nu Holdings became profitable Q3 2022 - only a year after its inception. After making a net profit of $7.8 million in Q3, it went on to make $58 million the next quarter and is on track to report an EPS of $0.02 & $1.393B in revenues in Q1 2023 Whereas SOFI is still struggling to become profitable and is forecast to make an EPS of $-0.077 & $442.262M in revenue in Q1 2023. https://preview.redd.it/gkta3om784pa1.png?width=626&format=png&auto=webp&s=4d1bfed341d05e0187966a6da3b3e34c4895cbfd https://preview.redd.it/eu2am7q684pa1.png?width=622&format=png&auto=webp&s=6b0d5b8ff376c5c0ae86c565cbc715a50d293f28 *Screenshot taken from Future Investing YouTube* How are Nu Holdings & Sofi similar? But Nu Holdings & Sofi share one very important thing in common. They both want to be a one stop shop for financial services. Since Sofi specializes in student loan refinancing, it creates a bond with younger customers who - hopefully - will turn into lifelong customers that use Sofi for all their banking needs. Similarly, Nu Holdings offers credit cards to customers younger than 18 in Brazil - capturing a demographic of young people who will hopefully become lifelong customers. This means that both companies could continue to grow and expand as their customer base grows older and younger generations adopt their services as well. https://preview.redd.it/xlub4fg884pa1.jpg?width=500&format=pjpg&auto=webp&s=9d8d039e9347417080f9035758f5cb9435e6dc29 Why has Buffett invested in ALLY? Having invested $1.7B since 2012 in the industry giant, General Motors, you could say Buffet is an expert on the auto industry. Which helps explain why Buffett took an interest in Ally. This fintech company offers multiple services but specializes in the auto loan industry since it once was a financing division of GM, originally known as GMAC. After GM sold the rest of its 8.5% stake in Ally for $900M in 2013, Ally has expanded its market by offering mortgages, credit cards, wealth management, & other services. https://preview.redd.it/y1c473va84pa1.png?width=605&format=png&auto=webp&s=84b47713c9d3fc8551a21260e51fc863cc7d1570 Another reason Buffett is investing in ALLY could be its history of share buybacks. Buffett is a big believer in stock buybacks and has said they can be the best use of corporate capital. ALLY also offers quarterly dividends to shareholders, which is a sign of the company’s fundamental strength. How does ALLY compare to Sofi? The main difference is the source of Ally’s revenue. 65.6% of Ally’s total revenue in 2022 came from the auto finance industry, while Sofi’s edge is student loan refinancing. In 2019, Sofi generated 59.7% of its revenue from student loans. But it’s worth noting that it can be quite difficult to qualify for student loan refinancing if you have a bad credit score whereas it’s a bit easier for people to get auto loans. https://preview.redd.it/q9efotfb84pa1.png?width=615&format=png&auto=webp&s=3dc7776eb6c02cd0e9293b82cb11e14b391cd86b How are Ally & Sofi similar? Ally & Sofi both offer commission free stock trading for investors with a high APY as well. Ally’s savings account offers 3.60% APY and Sofi offers 3.75% APY with a direct deposit. This means that with a direct deposit, you’ll earn a higher APY with Sofi, but without one, you’d earn a higher APY with Ally. Both companies offer multiple services such as mortgage loans, credit cards, insurance, etc. and are online banks with no physical locations. Given their different niches, it makes sense that Ally’s customers tend to be millennials while Sofi’s customers tend to be students or fresh graduates. Sofi’s Edge So after going through the pros and cons of all three of these companies, you might be wondering if SOFI has what it takes to gain market share in the growing Fintech industry. I believe Sofi has an edge over these two competitors when it comes to diversification. The two pictures below show the type of services that Sofi & Ally offer. Sofi is constantly trying to increase its market by opening up different services to attract new customers. To name a few:
https://preview.redd.it/0vcs7h5c84pa1.png?width=541&format=png&auto=webp&s=3521404dec4a95cb3ed2212eb32bbee5416a0fd1 Besides diversification, SOFI’s focus on student loan refinancing is also a plus imo. College education is essential in the US and without a college degree, most people can only get so far in their career. For instance, 53.7% of the US working population in 2021 graduated from college and at least 75% of new jobs require a college degree. When you factor in the average cost of tuition - which has soared 31.4% from 2010-2020 - and that the average student debt among college graduates is $28,000, SOFI is in a great position to profit from this sector. Given this inflationary environment & higher interest rates, I think that demand for student loan refinancing will only increase. This is because employers are constantly looking for people with degrees & the number of jobs requiring this are increasing every year. So it's no surprise that CEO Anthony Noto recently said, “We’d expect the demand for that product (student loans) to really go through the roof and be back to normalized levels that we saw in 2019.” But with the student loan pause in place, SOFI is losing a lot of money. The company stated that it has lost $300M to $400M and is pushing very hard to get a decision passed ending the student loan moratorium. The Supreme Court already heard the oral arguments regarding the case and is expected to give a decision in June. If things are not resolved by then or the Supreme Court rules against federal student loan forgiveness, then payments are expected to resume by the end of August. This is because payments are expected to start up again, 60 days following the ruling. Needless to say this would be a huge catalyst for SOFI and I, personally, believe that the Supreme Court will rule in SOFI’s favor. And the flood of refinancing requests that could come in once this limbo ends could give SOFI’s revenues a much-needed push. With this in mind, June will be a make-or-break moment for SOFI. Now, you might be thinking ‘that’s great and all but what about Buffett’s 8th largest investment by shares? OP is just some dude on the internet, and this is THE Warren Buffett’. https://preview.redd.it/w3k57vtc84pa1.png?width=288&format=png&auto=webp&s=8e5770fad03ae86cb15bcbe116bc706a512d9364 Well, you wouldn’t be wrong. It's hard to argue against Warren Buffett’s logic and I think NU could be a good investment as well, but compared to SOFI, I think that it presents a lot more risk. For one thing, Brazil has just gotten out of one of its worst economic crises in history and with a new government taking over there’s a lot of uncertainty. Corruption is very high in Brazil, and banks which provide their services almost exclusively to the rich in Brazil could use their power to turn the government against Nu Holdings if they feel threatened. Also, giving out credit cards to kids under 18 (even if the card’s benefits are limited) just sounds really risky to me. Given that most people in Brazil are not as financially well off as most US residents, its weaker currency, and struggling economy, Nu Holdings could face the greatest risk of all three companies. But time will tell whether the Brazilian government will make life easier or more difficult for a company like Nu Holdings. So this means that ALLY, which also focuses on the US market for financial services, is probably SOFI’s greatest competition. Both companies have a lot in common, but they’ve chosen to specialize in different niches. So let’s break it down:
Regardless of the potential hit to the automotive sector, when you compare auto loans to student loans you quickly see that student loans take the cake. The market size of the Auto leasing, loans, & sales financing industry is $173.2 billion, while the student loan industry is a massive $1.76 trillion. So Sofi has the upper hand here in terms of the market potential. With college tuition constantly increasing & students entering college year after year, SOFI also has stricter requirements for qualifying for personal loans, such as a credit score of 680 and other factors which make their loans comparatively safer since its clients are more thoroughly vetted. This is good because it allows Sofi to minimize the potential risk of a customer not being able to pay back their loan in the future. Conclusion: So, in conclusion, I think SOFI is in a fairly safe spot as long as the Supreme Court gives a favorable ruling. Since Nu Holdings operates in Latin America it won’t compete with Sofi for market share. Ally & Sofi also have different specializations, but Ally is a more established FinTech company which could take customers from Sofi. Still, SOFI’s goal is to become a one stop shop for all financial services and it has diversified its services extensively over the years which could give it an edge in this industry. Personally, I believe SOFI will be able to grow its customer base better than ALLY because it appeals directly to young adults heading into college. If these customers have a good experience, then SOFI can become their go-to financial service provider for the rest of their life. On this note, the FinTech industry is on track for major growth especially since Covid-19 acted as a catalyst for the industry - leading to wider adoption at a time when contactless payments were becoming essential. Besides this, the FinTech industry will likely continue to grow just out of sheer practicality. For one thing, Fintech cuts down servicing costs like maintaining physical branches while still providing a very high value service. As more and more transactions move online, the digital revolution continues to work in the industry’s favor and the widespread adoption of smartphones means that our phones will increasingly act as wallets. So, it's not surprising that the use of Fintech companies increased 88% from 2020 to 2021. So I'm pretty bullish on three of these stocks for the time being at least. Now for the TA... $SOFI https://preview.redd.it/djuk58id84pa1.jpg?width=1600&format=pjpg&auto=webp&s=74f72c6e21506030efc6bbc44374cb04b07096bb $SOFI has been stuck in a sideways channel since April 2022. The stock has a strong resistance at $7.59 which it tested on its positive Q4 earnings, however SOFI dropped almost 18% to its support at $5.25 due to market uncertainty. Now trading at $5.20, SOFI is below the 50, 200, and 21 MAs on the daily timeframe. Despite this, I’m expecting a bounce and potential retest of the $7.59 resistance leading up to the Supreme Court decision in June since the RSI oversold at 30. Right now SOFI is fundamentally oversold IMO. I bought 1k shares here as a starter with a stop loss at the $4.92 support. I’ll be averaging down under the $5.25 support or averaging up depending on the trend. My take profits will be the 200 MA, $6.43 resistance and the $7.59 resistance. https://preview.redd.it/pakxnr1e84pa1.jpg?width=1458&format=pjpg&auto=webp&s=3fb5c7d97c02030b7ad888463c4c2cf572e973c5 $ALLY: https://preview.redd.it/8zwd6jme84pa1.jpg?width=1600&format=pjpg&auto=webp&s=af9de5ffc042ca2bfaf546417438edac1e9dc409 ALLY was in a downward channel all of 2022 but it broke out at the start of 2023 - testing the $34 resistance after earnings. Since then the trend has reversed and is now bearish. The stock touched its $21.91 support mostly due to market turmoil rather than fundamentals. I’m expecting ALLY to break out of this channel like it did at the start of this year when it approached the $34 support. The stock recently tested what was once the upper trendline and bounced off of it which is a bullish sign. Personally, I think that these banking fears will dissipate now that the government has stepped in - as illustrated by the XLF closing green on Monday. Looking at the daily timeframe, ALLY is oversold with the RSI at 30 so I am expecting a bounce over the next few weeks. Long-term, I think ALLY will trade in a sideways channel between the $23.80 support and $34 resistance until a strong catalyst is able to break it out. But for now, I’ll take a swing here with a stoploss at $23 and my take profits at $27.05 and the 50MA. $NU: https://preview.redd.it/1x33g57f84pa1.jpg?width=1600&format=pjpg&auto=webp&s=2e1b3757785d4d1a40bd84ea5607052fd7d5c833 Compared to ALLY and SOFI, NU has not dropped as dramatically, which is likely due to its exposure to Latin American markets rather than the US. The stock is currently trending downwards within the sideways channel. The stock is testing the 200 MA on the daily chart, if it breaks through it I will be going short with the lower trendline as my take profit and the 50 MA as my SL. |
2023.03.21 17:03 Professional_Disk131 Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) Continues To Make Aggressive Inroads Into The Gaming Market
2023.03.21 17:02 Professional_Disk131 Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) Continues To Make Aggressive Inroads Into The Gaming Market
![]() | Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) is a technology company focused on deploying its proprietary end-to-end gaming and esports platform, which enables telcos to monetize their gaming customers. submitted by Professional_Disk131 to Penny_Stock_USA [link] [comments] https://preview.redd.it/7a0b8hh184pa1.jpg?width=600&format=pjpg&auto=webp&s=b1bfa5c44323206c8a9872a5de44ac9af8f897fb And the winner is**;** “We are extremely honoured to have been recognized by the Pacific Telecommunications https://preview.redd.it/gi98yrk484pa1.jpg?width=887&format=pjpg&auto=webp&s=be622e70216281a130398927b6a6463034ac7b65 Council and to have won the award for Outstanding Applications Company for our Ember gaming and esports platform,” commented Vijai Karthigesu, CEO of Swarmio. “To have been considered alongside such a prestigious list of finalists was an achievement. Having launched the Ember platform to millions of gamers in partnership with several of the largest telecommunications companies in the world, I look forward to sharing more developments with our shareholders in 2023.” Swarmio is a small company (Market Cap CDN$10million). Fifty-two-week price range is CDN$.05 to CDN$0.90. While past performance, etc., this group is in touch with its market globally and has a history of releasing tasty partnerships where they are the value add, particularly for telcos who want to keep or at least satiate their customer user bases. Given the churn rate of telcos (10% -70 % GLOBALLY), SWRM delivers a product that slows that number as customers are tied to the gaming platform. In light of that chaotic churn rate, SWRM has carved out a niche to help telcos to retain customers by tying the unique gaming platform to the host. “Ember gives telco subscribers access to a global gaming hub where they can create communities, a detail crucial for any brands targeting gamers,” said Aseef Khan, VP of Gaming & Esports at Swarmio. Swarmio will partner with telcos to deliver Ember to their large customer bases. There has already been significant interest in Ember from partners across multiple territories as they seek to engage and grow gamer subscribers.” The need to keep subscribers is now paramount. Robust and adaptable gaming may be the key. Churn rates (customers switching providers) are exceptionally high in the telecom sector, averaging between 10 and 67% annually. It is estimated that 75% of the 17 to 20 million subscribers signing up with a new wireless carrier yearly are coming from another wireless provider. SWRM recently announced significant progress with its GCash relationship with owner Mynt, a subsidiary of Globe Telecom Inc, and its integration into the Ember platform. GCash is a cashless mobile banking system (wallet) that is the preferred digital wallet in the Philippines, with an average of 60 million users in the region in 2022, accounting for 83% of the adult population. GCash has been integrated into SWRM’s fintech solution ‘Swarmio Pay.’ Vinicius Esteves, Senior Vice President of Fintech for Swarmio, commented: “This is a very significant milestone for Swarmio. Giving gamers alternative payment channels is extremely important in markets such as APAC, where many gamers cannot readily access a credit card or bank account. We expect this integration to facilitate many new and recurring transactions within the Ember platform while also opening up opportunities for cross-promotion with game publishers in the future.” Smartphones represent a robust growth area, particularly in the Asia-Pacific region.
https://preview.redd.it/ph68lsy584pa1.jpg?width=764&format=pjpg&auto=webp&s=0ddbea1a976152f3dc3ab9e33155b2aa0691b41b Bottom Line SWRM continues to make aggressive inroads into the Gaming and eSports market
The sector has long passed the guy in his basement. It has become a genre, a lifestyle for both men and women, and a huge money maker with lots of growth ahead. Pretty sure that SWRM is likely an excellent proxy to place you solidly in the ‘Game.’ |
2023.03.21 17:01 Professional_Disk131 Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) Continues To Make Aggressive Inroads Into The Gaming Market
![]() | Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) is a technology company focused on deploying its proprietary end-to-end gaming and esports platform, which enables telcos to monetize their gaming customers. submitted by Professional_Disk131 to StonkFeed [link] [comments] https://preview.redd.it/m8jxs28u74pa1.jpg?width=600&format=pjpg&auto=webp&s=d3acf34474aa74b80adbe6dd66c4d55ef4f2256c And the winner is**;** “We are extremely honoured to have been recognized by the Pacific Telecommunications https://preview.redd.it/d5chwbiw74pa1.jpg?width=887&format=pjpg&auto=webp&s=75036c6844e0ab0e39114d5cbcd3202eeb86ad5a Council and to have won the award for Outstanding Applications Company for our Ember gaming and esports platform,” commented Vijai Karthigesu, CEO of Swarmio. “To have been considered alongside such a prestigious list of finalists was an achievement. Having launched the Ember platform to millions of gamers in partnership with several of the largest telecommunications companies in the world, I look forward to sharing more developments with our shareholders in 2023.” Swarmio is a small company (Market Cap CDN$10million). Fifty-two-week price range is CDN$.05 to CDN$0.90. While past performance, etc., this group is in touch with its market globally and has a history of releasing tasty partnerships where they are the value add, particularly for telcos who want to keep or at least satiate their customer user bases. Given the churn rate of telcos (10% -70 % GLOBALLY), SWRM delivers a product that slows that number as customers are tied to the gaming platform. In light of that chaotic churn rate, SWRM has carved out a niche to help telcos to retain customers by tying the unique gaming platform to the host. “Ember gives telco subscribers access to a global gaming hub where they can create communities, a detail crucial for any brands targeting gamers,” said Aseef Khan, VP of Gaming & Esports at Swarmio. Swarmio will partner with telcos to deliver Ember to their large customer bases. There has already been significant interest in Ember from partners across multiple territories as they seek to engage and grow gamer subscribers.” The need to keep subscribers is now paramount. Robust and adaptable gaming may be the key. Churn rates (customers switching providers) are exceptionally high in the telecom sector, averaging between 10 and 67% annually. It is estimated that 75% of the 17 to 20 million subscribers signing up with a new wireless carrier yearly are coming from another wireless provider. SWRM recently announced significant progress with its GCash relationship with owner Mynt, a subsidiary of Globe Telecom Inc, and its integration into the Ember platform. GCash is a cashless mobile banking system (wallet) that is the preferred digital wallet in the Philippines, with an average of 60 million users in the region in 2022, accounting for 83% of the adult population. GCash has been integrated into SWRM’s fintech solution ‘Swarmio Pay.’ Vinicius Esteves, Senior Vice President of Fintech for Swarmio, commented: “This is a very significant milestone for Swarmio. Giving gamers alternative payment channels is extremely important in markets such as APAC, where many gamers cannot readily access a credit card or bank account. We expect this integration to facilitate many new and recurring transactions within the Ember platform while also opening up opportunities for cross-promotion with game publishers in the future.” Smartphones represent a robust growth area, particularly in the Asia-Pacific region.
https://preview.redd.it/llc5cl4y74pa1.jpg?width=764&format=pjpg&auto=webp&s=be00f94e71321bd2ac8cc9dc0eb15e0d697c960c Bottom Line SWRM continues to make aggressive inroads into the Gaming and eSports market
The sector has long passed the guy in his basement. It has become a genre, a lifestyle for both men and women, and a huge money maker with lots of growth ahead. Pretty sure that SWRM is likely an excellent proxy to place you solidly in the ‘Game.’ |
2023.03.21 17:00 Wine_Dark_Sea_1239 I own an abandoned motel and I’m ready to meet my doom
2023.03.21 16:59 wwarsaww Can anyone recommend me youtube channels about movies?
2023.03.21 16:58 Rare_Improvement_241 Decolonization in Design and Governing
![]() | This argumentative piece discusses the ideologies, constraints, positives, and negatives of decolonization. Decolonization refers to the movement of previously oppressed groups that go back to their original mannerisms, practices, and cultures; most groups that showed decolonization were often those from colonies that became independent of their colonizers. submitted by Rare_Improvement_241 to u/Rare_Improvement_241 [link] [comments] Fig.1: Ironic English Protest The most famous cases of decolonization appear hidden in plain sight, with some of the world's biggest countries showing scars of freedom fighting. The United States of America was not always united and free. In 1607, 104 Englishmen stepped onto the shores of middle North America. The British aimed to start a new settlement and further extend their roots to the furthest edges of the map. The British believed that their firepower and brute strength would overtake and overpower any existing post set up by other European countries and further be able to colonize any remaining native tribes who had maintained their independence thus far. The Native Indians are estimated to have arrived in America around 10,000 bc (Simonsen, 2006). These British people who settled in America became the new "Americans". They oppressed the Native Americans and fought them for their land leading to the First Native Indian War in 1609. The Native Americans were never defeated but suffered multiple casualties at the hands of the Americans. The Native Americans were close to losing the war towards the end of the 16th century but held off the Americans with their bows and arrows, stone clubs, spears, blow guns, and hatches. In the early 1700s, they were revolutionized and traded guns for goods with French, Italian, Belgian, and other significant European forces. Although Native Americans were not colonized, their ethics, practices, and arms were updated. They used the designs of oppressors to gain equality on the battlefield, fought the war for over 300 years, and were never fully controlled. When the war on Native Americans ended in 1924, they reverted from their colonial ways but kept using guns; what remained was their tribal and heritage-based home-building techniques, homemade, culture-filled weapons, notably the blowdart and bow and arrow, and their traditional Aztec prints (different to their camouflaged 300-year-old war attire) (Washburn, 2012). In the areas of design in decolonization, the Native Americas proved that returning to their original roots was fulfilling and fruitful; they did not lose their culture and adapted to modern times to protect and stand their ground. Fig. 2: Native Americans Europeans (the Dutch) first inhabited Southern Africa in 1652. It was evident that their reasons for being there were not to colonize or to live in unison with the natives but rather to build a servicing port for ships and to farm on the rich African soils. Almost a decade later, the British arrived in 1661. The Europeans asserted dominance over the existing African tribes, forcing Africans to give up some of their heritage lands and be outcasts in new areas that were not their homes. For the next 300-odd years, countless wars broke out between the British, Dutch, and Southern African tribes. In the 1800s, Zulus adapted to the modern styles of fighting (similar to the previously-mentioned Native Americans) and put down their sticks, wooden weapons, and other fighting techniques and found guns to be more efficient. They also adapted to makeshift tent designs and sleeping solutions similar to the Europeans. Despite narrowly losing the war to the British during the Anglo-Zulu War, they used European designs to gain respect from the Europeans. Although oppressed, they had more peace than they had while coexisting in the same space as the Europeans. In 1948, the apartheid regime began, and all people of colour were equally oppressed. The oppressed conformed to European ways of living but with fewer rights. They had no freedom to express their cultures and heritage through design, and European Gothic and Renaissance styles of Architecture were imminent throughout South Africa. Commercial buildings in CBDs and other areas of high business are plain and have very simplistic European facades. 1994 marked the end of the apartheid regime, and people of colour finally had equal rights. With that, their cultures began to thrive once again. Through fashion with cultural items such as animal prints, beaded goods, fancy feathered headwear, and other goods, African culture has imprinted on every race in South Africa; another race that embraced their fashion and culture was the Indians, who have pushed for fashion design and just like African (used as a vague, broad expression), has every race wearing it (Rovine, 2015). In architecture and the built environment, African culture can be represented by bright modern colours and unique patterns; their designs are slowly but surely making their way onto buildings as facades, decorative tiles, and finishes. Fig. 3: South Africans Protesting against Inequality While separating the art from the artist to some degree, the oppressed governing practices have quickly sent South Africa into poverty struck corrupted land; when looking at decolonization in terms of governing and control, although equal and free, it can be argued that since Africans have been reinstated back in control, the decolonizing of South Africa was detrimental (Hirsch, 2005). In design, Africa is thriving as a tourist hotspot as Africans have pushed their culture back out and into the world; by doing this, they have added depth to the South African culture and removed the dark monotone cloud that hung over South Africa's heritage. Fig. 4: Constitutional Court of South Africa - Facade Design In the mid-1600s, the British came across the remaining unexplored southern tip of Africa. It was once again a fight for them to reign power and authority over the native Venda people (Zimbabwe's leading and most prominent tribe). The British people fought for 300 years until a whole war broke out in then Rhodesia. The Rhodesian Bush War began between the Africans and Zulu in 1964 when the Africans opposed Rhodesian rule and oppression. The war became realistically winnable to the natives due to Zambia and Malawi gaining independence and the British Federation losing power in those countries. They used all the same tactics that they had learned as victims of their colonizers for the past 300 years; both sides used guns, knives, and bombs, and the fight was so equal that the war went on until 1979. The war ended in December, and by the first day of January 1980, the African people had already replaced the name Rhodesia with a new name that would fully represent their country, one that would go back to practicing Venda traditions of law and rule, viz. Zimbabwe (Gordon, 1981). Decolonization has previously shown that it is a positive idea with many advantages, but Zimbabwe was one of the significant cases of backlash. Fig. 5: Zimbabweans with Arms Protesting White Governing When Zimbabwe was restored to its original roots, Robert Mugabe became the prime minister in 1980 while Zimbabwe would still serve under partial British rule. Zimbabwe thrived for two years before Mugabe fired Joshua Nkomo (a member of the Zapu party) for accusing him of trying to overthrow the government; Mugabe enlisted North Korean trained soldiers to kill Nkomo's party off. In 1987, Mugabe merged forces with Nkomo and gained votes to become the president of Zimbabwe. Under Mugabe's decolonized rule, Africans gained more power in Zimbabwe than white people. Using pre-colonized rules, white people became a trophy-hunted commodity for the Africans. In 2000, Zimbabwe witnessed further bloodshed as white farm owners were slaughtered for their farms by squatters- the government supported these killings and abuse of power. In 2001, Zimbabwe opened up to the world about its financial problems as badly-run farms, poorly-maintained factories, and bank crashes caused the Zimbabwean dollar to drop quickly. Under decolonized governing, Zimbabwe was suspended by the Commonwealth and struggled with mass poverty and hunger. In 2005, an estimated 700,000 people were left homeless as the government orchestrated operation "clean-up" by destroying all street stalls and shacks. In 2008, the European Union and the United States declared full sanctions against Zimbabwe. In 2018, after 40 years of "independence", Zimbabwe changed the laws to give presidents a limited time of two terms in which they are allowed to serve a country. The designs and systems established by Commonwealth law or any generic democratic ruling often allow countries to flourish or crash with equal fairness between government and citizens. Zimbabwe's recent history has shown that as good as decolonization may be; it may also cause years of bloodshed, a crashing economy, poverty, and famine. Fig. 6: Zimbabweans Peacefully Protesting in 2020 In the early 1600s, the British landed on the warm sandy coast of Surat, India, solely intending to trade. Not long after, the British decided to dismiss their trade ideas with the Indians and instead do the trading of Indians and Indian goods. Despite not being under British Crown rule, India was oppressed and sapped of its people and goods. In 1858, the British officially declared that India's governing and control would come under British Crown rule whilst slowly easing off using Indians as enslaved people worldwide; they continued to trade cotton, tea, spices, indigo, silk, ivory, and marble deeply rooted in India's culture. Nearly 100 years after India served under British Crown rule, India broke free of the British and became independent, mainly through non-violent resistance promoted and endorsed by Mahatma Gandhi (Kale, 1998). India is still part of the Commonwealth, and the British heavily influenced their architecture (Cohen, 2001). However, after gaining independence, India went on a spree of building temples, shrines, and religious monuments. Since then, their unique culture can be seen in facades, tiles, gilded buildings, religious figures carved from stone, and other significant Indian designs (Scriver & Srivastava, 2016). To inject more culture into the country, India is moving away from British glass box designs used as the blueprint for commercial buildings; they felt the buildings lacked depth. India identified decolonization as more than just using designs and input from pre-colonizing days. Instead, that design is a sense of unity and self-acceptance and has a much more robust and positive psychological effect on individuals. The past may have been better for India. However, by decolonizing design, they rediscovered their foundations and still give tourists and locals a feeling of rich heritage and culture from centuries ago, now in modern times. Fig. 7: Indian Post-Oppression Bus Station Design In Britain's reign for power worldwide, its biggest threat was China. Without slavery, stealing from oppressed countries, and other human rights violations, China thrived as an economic, cultural, and design hub. Britain sought to gain control of China's economic zones and initiated the First Opium war in 1839. Britain could only partially sabotage China because its population and brute armed forces ensured greater defense against colonization. Britain took control of an island off the coast of China and asserted British Crown rule over what would become Hong Kong. The British ruled Hong Kong for over a century and a half. The Hong Kong citizens did not resist oppression. They waited until Britain traded them back to China with the agreement that Hong Kong would not be decolonized and practice capitalist ideas and systems for 50 years after the handover (Wong, 2013). Fig. 8: Hong Kong Citizens Demanding and Fighting for Democracy While British architecture and design can be seen throughout Hong Kong, China explicitly tries to inject Chinese culture into the previously oppressed independent state. With Mandarin banners, bright red and yellow facades, and other Chinese symbols like dragons, China is singlehandedly decolonizing Hong Kong. The problem that arose with Hong Kong being handed over to another state was that Hong Kong never had its independence and always belonged to another country, never fully being able to practice its decolonization (Lim & Lim, 2007). While China is positively reinstating culture and heritage in Hong Kong, protestors continuously fight to make Hong Kong its own country. Fig. 9: Proposed Building Facade Design from Mainland China Throughout this argumentative essay, we discussed decolonization in governance, design, heritage, and culture. Decolonization in the world's history is proven to be primarily positive. However, care must be taken to avoid extreme decolonization, especially in areas of design, as we risk losing the richly-woven tapestries of design constructs that have metamorphosized through the centuries. |