News from johnpatrick.com

Election Update

The state of Georgia conducted an audit of the presidential election by performing a manual recount of the five million votes cast. As anyone could have predicted, the results were different than what the machines had counted. However, the difference was not significant. The results showed the winner won by less than a half percent, and a recount has been requested. The State law specified an audit was not the same as a recount. Duh. This is one of many outdated election laws in the 50 states. All different. The anti-Internet voting activists continue to bash the idea of mobile blockchain voting, but a group of researchers at the University of Maryland have written a white paper on how modernized voting can be done safely and securely. See the VoteXX Project.

Tesla Breaks New Ground

Tesla engineering and manufacturing team in Berlin have developed a new way to build their electric Model Y. They will be producing the rear and front underbody in single pieces of casting, and these two pieces will include the battery pack as an integral part of the car’s structure. The pack will include 4,680 battery cells. If successful, the new approach will be exported to other Tesla factories.

Wall Street

Bitcoin has pulled back due to concern about new regulations. In my opinion, some “light” regulation will be a good thing for Bitcoin. The price as of 1pm on Friday was $16,727. This is double a year ago and three times the low in March. The market cap for BTC was $311 billion. The MAGFA five (Microsoft, Apple, Google, Facebook, Amazon) finished the week at an amazing 27%. If Salesforce pulls off its move to acquire Slack, it may put some pressure on Microsoft. Tesla, Uber, and Zoom continue to zoom.

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