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Trust The Process: The Arizona Cardinals Are Playing Chess While … – Barstool Sports

The Cardinals made a very interesting move on Thursday night by trading down from the 3rd overall pick all the way to #12 and allowing the Texans to move up.

In that deal, the Cardinals moved down nine spots and gave up a 2nd round pick. However, they got back a 1st round pick. But not just any 1st round pick, they got back the Houston Texans 1st round pick..

Their 1st year GM Monti Ossenfort has already shown a propensity for moving both up and down the board.

In fact, he moved back up from #12 to #6 to get their guy in Ohio State OT Paris Johnson Jr.

He did so without giving up any future assets aside from a 2nd round pick. They also had the 33rd pick and ended up flipping that for a future 3rd along with a few swaps this year.

So they've loaded up on future assets and their franchise QB, Kyler Murray is hurt. He tore his ACL in December and due back sometime mid-season. But in making a way too early 2024 NFL Mock Draft, I noticed that the two biggest longshots to win the Super Bowl this coming season are the Cardinals and the Texans. So in my mock they will be picking #1 and #2. But remember, Arizona own's Houston's first selection next year. The Texans will pick in the 1st round, but it'll be Cleveland's pick from the Deshaun Watson trade. Monti Ossenfort and the Cardinals got Houston's own pick and that is a huge deal because they already have their Quarterback in Kyler Murray who they just signed to a big extension before he got hurt.

Next year's draft is projected at this point to be headlined by two Quarterbacks: USC's Caleb Williams and North Carolina's Drake May. That can all certainly change, but right now, we're looking at the Cardinals potentially having BOTH the top two picks in the 2024 NFL Draft and if Quarterbacks are still headlining the Draft next April, likely to trade both picks. As a reminder, this is what the 1st pick fetched this year:

The last time Quarterbacks went #1 and #2 and the 2nd overall pick was traded, here's what it fetched.

Based on these scenarios, the Cardinals could move down from #1 and #2 and move down to #8 & #9 and pick up an additional THREE additional 2nd round picks, a 3rd round pick, TWO future 1st round picks, and a good player like D.J. Moore.

Obviously that's a hypothetical, but something like this would be an unreal coup by Ossenfort who has been wildly impressive in his first year running a Draft. Rebuilding in the NFL is not typically a quick process and while I do think the Cardinals will be stink this year, buy all the Cardinals stock you can now because they are firmly on the way back up.

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Trust The Process: The Arizona Cardinals Are Playing Chess While ... - Barstool Sports

I met Harry Belafonte a decade ago at a protest. Im still moved by that moment. – Andscape

I found out that Harry Belafonte had gone to be with the ancestors early Tuesday morning. He lived for nearly a century, a champion and catalyst in both activism and entertainment.

I met him once not far from my alma mater, Florida A&M University in Tallahassee, Florida.

My best friend and I had rented a vehicle to go down to Tallahassee to see a student activist group called the Dream Defenders, who had begun what would ultimately be a monthlong sit-in at the Florida Capitol to demand the legislature hold a special session to address the states stand your ground law. It was July 2013. I had just turned 30 years old. And George Zimmerman had just been acquitted of murder charges for shooting 17-year-old Trayvon Martin.

When I was an FAMU Rattler, Id made the trip from Augusta, Georgia, to Tallahassee many times, seeing signs for small towns that took me back to adolescent afternoons with my grandmother, who routinely watched In the Heat of the Night. Before the show became a TV fixture, star Sidney Poitier a longtime friend of Belafontes made the role of Virgil Tibbs into an iconic persona.

While the irony of Black celebrity cops in a world full of police brutality eluded me at that time, the string of heated summers did not. The furor caused by Martins death intensified in August 2014 after 18-year-old Michael Brown was killed by police officer Darren Wilson in Florissant, Missouri. These events were the genesis of Black Lives Matter, which eventually led to the worldwide protests following the killing of George Floyd by police in 2020.

As we entered the Capitol, my friend and I were given black T-shirts with an aspirational message: CAN WE DREAM TOGETHER? I had spent the last three years as an editor at a Black-owned newspaper, so I was familiar with the challenges that faced Black people in my hometown and beyond. Still, this was different. I needed to see a youth movement like this focused and unafraid. I needed to see my peers and younger college students loudly demand justice. One of their chants still resonates with me nearly a decade later:

I

I believe

I believe that

I believe that we will win

I BELIEVE THAT WE WILL WIN

I entered the building as a journalist and left as something more. That day, I understood how journalism might become advocacy, much like it did for abolitionist Frederick Douglass, anti-lynching activist Ida B. Wells, and others. I interviewed Dream Defenders co-founder Phillip Agnew, himself a FAMU alum, and followed him around for a bit. Eventually we came to an out-of-the-way room that might have represented a change of pace in any other building. But in this hub of ambient energy, as the spiritual goes, aint no hiding place down here.

There he was: Harry Belafonte. Sitting near a windowsill, with the sun shining on his back. I shyly gestured toward him and made my way back into the role of a journalist. It would be an understatement to say that his presence galvanized the Defenders efforts and later said the effect was reciprocal.

It makes my autumn heart dance like it was spring, Belafonte said when asked about the protest at the Capitol.

Shakespeare talked about the winter of our discontent, but for Black folks, that angst is year-round. My singular regret about going to cover the Dream Defenders protest was that I didnt stay longer. I dont even remember why my journey to Tallahassee was a day trip, but I experienced more in those few hours than I had during any recitation of Black history or activism. That was a moment for me.

The moment is something I think people fail to embrace at times, myself included. We wallow in the realm of missed opportunities instead of appreciating the peaks and valleys of life as the greater blessing. In poor environment, I find great inspiration, Belafonte once said. Many of the men and women whom I admire as artists, the things they write, the songs they sing, the admission is filled with inspired moments to overcome oppression. This perspective on life allowed him to always be in the moment, continually ready to be a voice for the next generation.

I am grateful that the Dream Defenders moment wasnt limited to a month at the Capitol. Even now, Agnew continues to persevere and organize through Black Men Build.

Even now, as Florida represents ground zero for clashes between Black activists and an overreaching government, I am grateful for the elders like Belafonte who so graciously passed the baton to the next generation. I remain hopeful that we can continue to run this race for freedom together.

And I still believe that we will win.

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I met Harry Belafonte a decade ago at a protest. Im still moved by that moment. - Andscape

How two decades of gun culture helped shape America’s ‘Stand Your Ground’ laws – ABC News

A wrong address, a mistaken car, and stray basketball five times over six days, seemingly mundane interactions turned violent or deadly after one party pulled out a firearm.

Though the facts in each instance vary, experts tell ABC News that the cases broadly reflect the sheer numbers of firearms in the United States and elements of gun culture that have bled into vital legal frameworks governing self-defense.

"There's absolutely a risk that the combination of loosening gun carry laws, relaxing self-defense laws, and politicizing self-defense through pardons and the like could lead to more incidents like the ones that we've seen," law professor Eric Ruben told ABC News.

The incidents began in Kansas City, MO, when 84-year-old Andrew Lester shot 16-year-old Ralph Yarl after he mistakenly approached Lester's home and rang his doorbell after looking for the wrong address. Two days later, Kevin Monahan, 65, shot and killed Kaylin Gillis, 20, when she and her friends pulled into his driveway mistakenly in upstate New York.

The same day, Antonio Caccavale, 43, shot at the car of Waldes Thomas Jr., 19, and Diamond Darville, 18, who drove into the wrong driveway while delivering groceries with Instacart in Florida.

On April 18, Robert Louis Singletary, 24, shot at a family, including a 6-year-old girl, after a stray basketball rolled into his yard in North Carolina. In Texas, that same day, Pedro Tello Rodriguez Jr, 25, allegedly shot two high school cheerleaders after they mistakenly entered the wrong car.

Experts warn that the incidents reflect the sheer number of firearms in the U.S., with estimates suggesting there are more than 400 million firearms in circulation throughout the nation.

"The prevalence of guns is fueling what we're seeing. We are seeing the idea that we are a shoot-first culture," Johns Hopkins professor Joshua Horwitz told ABC News' Pierre Thomas. "Everybody seems to be afraid, they've been told to be afraid."

While each of these cases includes a different set of facts, similar cases often rely on a set of laws governing self-defense, according to ABC News legal contributor Kimberly Wehle.

The "castle doctrine" is a common law principle, codified by many state legislatures, that allows individuals to use reasonable force to protect themselves in their homes against intruders.

Florida expanded the idea of the castle doctrine in 2005, passing a law that permits residents to "stand your ground" if they believe they are preventing death or bodily harm, or a felony, according to the National Conference of State Legislatures. Ten states have since adopted laws with similar language about standing one's ground.

However, some legal scholars believe this push for broader self-defense gun rights is a product of the U.S. gun culture rather than firmly rooted in the Second Amendment or legal traditions.

"The loosening of self-defense, this is actually a lot of the rhetoric, and a lot of the legal changes are actually contrary to the American legal tradition," Southern Methodist University Dedman School of Law professor Eric Ruben said.

Ruben said that multiple signals including trial outcomes, public comments from politicians, and decisions to pardon notable defendants have contributed to a meaningful social norm about using guns in defense.

"If we were trying to reduce violence, the norms are as important or more important than the letter of the law," he said.

Kyle Rittenhouse, who fatally shot two men in Kenosha, WI, and George Zimmerman, who killed 17-year-old Trayvon Martin, were found not guilty after jury trials, bringing public attention to using a firearm in self defense, according to Ruben. Public statements by politicians who promise to pardon individuals who use guns in self defense further strengthen the social norms of standing one's ground.

Texas Governor Greg Abbott recently made such a public promise, tweeting that he was "working as swiftly as Texas law allows" to pardon Daniel Perry, an Army sergeant found guilty of murdering a protester in 2020, according to Ruben. Ruben noted that such comments further strengthen the public's perception of acceptable self-defense gun use, which often is not aligned with the laws governing actual firearm usage.

Harvard professor David Hemenway explained to ABC News that Americans' perceptions of self-defense gun use are often unrealistic. Research from 2019 found that a high percentage of guns used in self-defense are utilized in manners that are not socially beneficial, such shootings related to drugs, gangs, and escalating arguments, rather than home invasions.

When he examined data from National Crime Victimization Surveys, Hemenway found little evidence that self-defense gun use reduces the chance of injury or property loss. Studying self-defense gun use for over 20 years, Hemenway summarized his research to the idea that carrying a gun, even in self defense, makes people less safe.

"The evidence seems to indicate that this should not be a surprise what happened, and it's sad," he told ABC News about the recent incidents.

Nevertheless, America's self-defense gun laws have bent in favor of more guns in the hands of more citizens.

I think there is a narrative in this country being pushed by the gun industry and certain legislators that a person needs to be armed in public at all times to be safe, Allison Anderman, Giffords Law Center director of local policy, told Martha Raddatz on ABC's "This Week."

With last week's string of incidents exemplifying seemingly mundane interactions gone wrong, experts worry the incidents will likely send a chilling public message about the danger of common mistakes.

"It is going to create a chilling effect to deliver an Amazon package, to trick or treat, to have a postal worker or a delivery service just make a common sense mistake," Wehle said.

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How two decades of gun culture helped shape America's 'Stand Your Ground' laws - ABC News

Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout – CoinDesk

On Sunday, as the U.S. government worked behind the scenes with two major banks to engineer the latest financial rescue plan, the Bitcoin network hit a new all-time high for the number of daily transactions processed. There were more confirmed transactions than it ever had in its 14-year history, beating the previous record set during the 2017 bull run. Today, JPMorgan Chase has acquired First Republic after the distressed banks assets were seized by regulators, becoming the second-largest bank failure in U.S. history.

While the two events Bitcoins surging use and the latest example of U.S. financial calamity are not exactly related, the timing here does suggest something about the future of the crypto industry and bitcoins possible place in an evermore-dysfunctional economy. At the same time regulators and legislators are working to lessen cryptos inroads into the wider economy, the private banking sector is showing itself to be unable to manage itself.

This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.

After weeks of uncertainty and a slumping stock price, First Republic was taken over by the Federal Deposit Insurance Corporation (FDIC) in a bid to prevent a possible bank run, further contagion and a drawdown of the insurance funds reserves. The federal banking watchdog immediately sold all of [First Republics] deposits and substantially all of [its] assets to JPMorgan Chase, the largest U.S. bank, which was also provided $50 billion in financing to complete the deal. Democratic politicians are likely to challenge the sale, which was reportedly rushed through to close before markets opened on Monday.

Our government invited us and others to step up, and we did, JPMorgan CEO Jamie Dimon said. Crypto fans may know Dimon as one of the highest-profile advocates of blockchain and long-time bitcoin critic. First Republics failure is second only to Washington Mutual, which failed during the Great Financial Crisis that also gave rise to bitcoin. While some amount of blame could be put on First Republics management, economists are largely aligned in thinking its collapse is at least partially due to rising interest rates and the Federal Reserves hawkish monetary policy that also brought down the Silvergate, Silicon Valley and Signature banks early this year.

Where this situation aligns with bitcoin in particular is that the crypto industry is part and parcel of a wider political realignment towards populism. Crypto is not the only movement challenging the authority of central banks and established powers, as many people will see the First Republic bailout as another example of profits being privatized while losses are socialized. In trying to prevent a massive drawdown on FDIC reserves, political operators have essentially said that all U.S. banks are too big to fail a type of moral quandary that protects a certain class from the consequences of their decisions.

Bitcoin has emerged as an alternative monetary system, which many think could eventually serve as a legitimate global reserve currency like the U.S. dollar is today. The system is attractive to some because it follows prewritten rules, including a fixed monetary issuance schedule set by social consensus (unlike the political and monied interests that rule the greenback). Bitcoins price rose steadily during the last cycle of banking failures, and might also catch a wave up this time. This doesnt necessarily mean bitcoin is a hedge against financial calamity, or that people are choosing trustless financial systems over increasingly untrustworthy banks.

The timing of the Bitcoin blockchains latest milestone is purely incidental. Bitcoin transactions have been trending up since the launch of Bitcoin Ordinals, which enabled the network to support non-fungible tokens (NFT). More than 2.39 million Ordinals have been inscribed to date, according to Glassnodes data cited by Blockworks. But, even though Bitcoin NFTs now account for roughly half of the transactions on the network (rewarding bitcoin miners with increased transaction fees, and potentially helping secure Bitcoins long-term security budget), not all bitcoiners are aligned in thinking this is a worthwhile feature.

There are many bitcoin purists who think the network should be preserved for monetary uses and that tradable digital collectibles are frivolous. Sorry for them, Bitcoin is an open-source network meaning people are free to use the technology as they please. If Bitcoin has a role to play in the future global economy, its only because people are free to use it how they want.

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Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout - CoinDesk

Cryptoverse: Digital coins lure inflation-weary Argentines and Turks – Reuters

May 2 (Reuters) - Can inherently volatile cryptocurrencies become safe-havens? Apparently they can in some parts of the world, such as Argentina and Turkey, where soaring prices and tumbling local currencies have forced people to seek refuge in digital coins.

Ownership of digital currencies in Turkey was the highest in the world at 27.1% followed by Argentina at 23.5% -- well above global crypto ownership rate estimated at 11.9% -- according to data from research firm GWI.

What's common to Turkey and Argentina besides their pole positions in crypto adoption is high inflation, which has led to crumbling currencies and capital controls to deter local residents from taking money out. Turkey's annual inflation was 50.51% in March, Argentina's was even higher at 104%.

The lira and peso have been plunging and are at record lows. Argentina's peso trades around 464 per dollar in the black market , more than double the official exchange rate of 222.

Much of the safe-haven buying has been of stablecoins such as USD Coin (USDC) and Tether (USDT), which are crypto tokens pegged one-to-one to a traditional asset such as the U.S. dollar or gold, giving investors an alternative to scarce dollars.

"Folks, whether they're on the retail side or institutional side, are thinking about how can we hedge against currency devaluation," said Ehab Zaghloul, chief research scientist at Tribal Credit, a digital payments platform for startups in emerging markets.

"They want to potentially hold additional assets pegged to a stronger currency, so, things like USDC or USDT or anything pegged to a stronger currency like the U.S. dollar."

Trading volume for the USDT-Turkish lira pair reached a multi-month high last week, driven by the weakening of the Turkish currency and the upcoming landmark presidential and parliamentary elections, Kaiko analyst Dessislava Aubert said.

"In general, crypto adoption tends to be higher in countries with capital restrictions, financial instability, and political instability," analysts at K33 Research wrote.

While bitcoin , the world's biggest and best-known cryptocurrency, is up 72% this year at $30,000, its highest in 10 months, overall trading volumes are far from levels seen last summer after investors were spooked by a series of collapses of crypto players culminating in FTX's demise.

Trading volumes for spot bitcoin are highest during U.S. opening hours, with little change from 2022, Kaiko data showed.

However, regulatory issues faced by crypto exchange Binance in recent months have led to a slight shift in derivative trading volume towards Asia Pacific hours from Americas, Kaiko said.

If dollar to crypto volumes are excluded, then the next most dominant currency is South Korea's won .

Crypto trading volumes in South Korea are back to levels seen in first quarter and second quarters of 2022 after a weak fourth quarter in 2022, analysts at crypto investment firm Matrixport said.

"The dominance of altcoins makes South Korea a very interesting market to analyse," Matrixport analysts said.

"This is in stark contrast to other crypto exchanges where bitcoin and Ethereum account for the majority of the volume."

Reporting by Medha Singh and Lisa Mattackal in Bengaluru; Editing by Vidya Ranganathan and Sam Holmes

Our Standards: The Thomson Reuters Trust Principles.

Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

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Cryptoverse: Digital coins lure inflation-weary Argentines and Turks - Reuters