The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!
The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers; "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each."
The villagers rounded up with all their savings and bought all the monkeys.
They never saw the man nor his assistant, only monkeys everywhere!
Now you have a better understanding of how the cryptocurrency market works.
Pretty well as the title implies, this is just a place for those wee little baby monkeys to congregate and spam each other upvotes for that sweet sweet potassium enabling karma.
Have at it friends, I'll be doing my part to help.
Edit: I dont need karma. This is for people out there below the 100 karma threshold for the weekly faucet.
For instance, I just found out my fiancé, who's been a redditor for over a year and who got me to start using it, only has 68 karma.
So many companies out there demand Bachelor and Master degrees for Jobs a Monkey could do. Yes I was ok at Math I can do some statistics. Yes I know Excel. Yes I can make Phone calls. Yes I am actually a good writer and can write articles/meeting summaries. Yes I can learn everything there is to know about this one very specialized function within 2-3 weeks.
Obviously at some jobs you need the degree - at many you could do frankly without. Even if its a job that requires some training you can learn everything in 2-3 weeks or 2-3 months. This degree fetish is killing the labor market.
Hi Reddit! We are Cristina and Jenna, tropical rainforest ecologists at Imperial College London working in Amazonian Brazil and Costa Rica. Ask us Anything!
We'll be answering your questions until 6 PM UK time / 1 PM Eastern time.
The planet is going through an unprecedented rate of species loss. Last year a United Nations report concluded as many as 1 million species are at risk of going extinct in the coming decades at a rate 1000 times higher because of human action.
The tropics are at the frontline of this crisis. They are home to 75 percent of all species and 40 percent of the human population, many of whom live in poverty and rely on working the land to make a living. We urgently need to find ways to combine biodiversity conservation with human welfare.
As tropical ecologists, we work with authorities such as the Brazilian government to advise on policy-change that seeks to avoid biodiversity extinction. To do this we need to understand what exactly is driving species to go extinct and what the impact their disappearance has on the environments they leave behind. With this information, we can identify critical thresholds for forest loss to further inform policy, and we plan ‘wildlife corridors’ to help species navigate around humans and our expanding tropical agriculture such as palm oil and teak plantations.
In Brazil, Cristina’s work led to the Brazilian government’s adoption of a 30 percent forest cover threshold across the country’s Atlantic Forest region. While in Costa Rica, Jenna has been part of a team setting up over 400 audio devices to record the sounds of the rainforest. We then used machine learning to pick out and track the calls of the forest’s endangered spider monkeys as well as getting a wider picture of local biodiversity loss.
During this AMA we’re happy to talk about the drivers of deforestation and how the resulting biodiversity loss plays out on the ground. We can discuss the limitations of reforestation solutions, and why you can’t ‘make up' for cutting down rainforest by planting trees elsewhere. Instead, we can discuss a more sustainable way forward which both preserves species and benefits local economies.
For more information