They found water in the Sahara

green grasses on sahara desert

Huge underground water reservoirs have been discovered beneath the Sahara by researchers, according to the BBC. The volume of water deposits is estimated to feed the desert area for the next 400 years.

The new reservoir named Ohangwena II extends between the Angola and Namibia borders, covering a total of 43 miles with 25 being on the Namibian side

The waters have been around for about 10,000 years and their purity is greater than many sources in the western world, and they are suitable for drinking.

At this stage in the Namibia region, about 800,000 people live and drink water from a 40-year-old canal that brings them water from Angola.

The developer argues that this discovery can radically change the agricultural processes and crops in the area.

Brazil will produce algae biofuels

biology close up color environment

Until now most of the biofuels were produced from cultivated plants, such as corn and sugar cane. However, the use of these plants is problematic as it raises world food prices on the one hand as it requires the use of vast areas which often lead to the destruction of tropical forests.

So, in order to address these problems, Brazil has decided to take a different path. It will set up a plant that will produce biofuels from algae and phytoplankton.

Indeed, carbon dioxide released as a by-product from a nearby sugarcane bioethanol production plant will be used to feed the phytoplankton. In other words the benefits to the environment will be manifold.

anemone animal anthozoa coral

Bitcoin’s “launch” theories, over the next two years

round silver and gold coins

Anthony Pompliano, the man who, in August 2018, when Bitcoin had $ 6,770 envisioned he would first get close to 3,000 earlier than seeing $ 10,000 again, struck once more with an astonishing forecast. He believes that by the end of 2021, Bitcoin will reach $ 100,000.

As he explains, this does not mean that the course to such high price levelswill be smooth. There will frequently be periods where there will be a correction of about 30% or more. The underlying reason behind the forecast is about supply and demand. While demand is predicted to rise drastically in the coming years, supply from creation will fall by 50% in May 2020.

The increase in demand for Bitcoin will be due to a number of factors. The main concerns are: the penetration of institutional investors, the recognition and adoption of Bitcoin on a large scale worldwide, the future approval of ETFs and mutual funds in crypto, the way Bitcoin offers to anyone seeking alternative forms of investment that are not related to stockbroker or currency turmoil and lack of performance in traditional markets

If the Bitcoin capitalization reaches $ 2 trillion, then the value of each Bitcoin will be worth $ 100,000. This value is less than a quarter of the value of gold. From what Pompliano has said in other statements, he expects Bitcoin to become the world’s reserve currency. Anything less than that will disappoint him!

A few days ago in a tweet, he had said: “This may be one of the most important things I’ve ever written about Bitcoin. We are witnessing a unique effort of a currency, succeeding in establishing itself as a world reserve currency, without ever participating in a warlike conflict. “

Anthony Pompliano concludes his investment rationale as follows: If I’m wrong, in the worst of cases I will lose $ 10,000 per Bitcoin. If I finally turn out to be right, I’ll win 90,000. This is a very good profit / risk ratio.