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You are here: Home / Archives for 2023

Archives for 2023

by Michael J Penney

NFTs Alone Can’t Do It – What Would It Take To Track And Inventory Everything In Existence?

NFTs (Non-Fungible Tokens) are unique digital assets that are stored on a blockchain, a distributed ledger technology that allows for secure and transparent recording of transactions. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which are fungible (i.e., interchangeable with each other), NFTs are unique and cannot be exchanged for one another.
NFTs can represent a wide range of digital assets, such as artwork, music, videos, tweets, and even virtual real estate in online games. They are bought and sold using cryptocurrency, and ownership of an NFT is recorded on the blockchain. This allows for the creation of a verifiable, tamper-proof record of ownership, making NFTs a popular way to sell and collect digital art and other unique digital assets.
While NFTs can be used to represent and track ownership of unique digital assets, they may not be the best solution for inventorying everything in existence. A system of methods would have to be used.
Firstly, NFTs are designed for digital assets, not physical ones. While physical assets can be digitized and represented as NFTs, tracking physical assets in real life would require a physical system for tracking, such as RFID tags or barcodes.
Secondly, NFTs are not a perfect solution for inventorying even digital assets. While they can represent ownership, they do not provide a complete solution for tracking the lifecycle of a product or asset. For example, an NFT representing ownership of a digital artwork may not include information on the history of the artwork, its creator, or its previous owners.
While NFTs can be a powerful tool for tracking ownership of unique digital assets, they may not be the best solution for inventorying everything in existence, especially for physical assets. Other tracking and inventory management systems would likely be needed to provide a more complete solution.
There are a variety of systems that can be used for tracking and inventory management, depending on the specific needs of the organization or business.
A few examples are:
Barcode or RFID tracking: These systems use unique identifiers (such as barcodes or RFID tags) to track physical items. When an item is moved or used, its identifier is scanned and recorded, allowing for accurate tracking of its location and use.
Asset management software: Asset management software can help organizations keep track of their physical assets, including information such as the asset’s location, condition, and maintenance history.
Enterprise resource planning (ERP) systems: These systems are designed to manage the entire supply chain of a business, from procurement to production to distribution. They can help organizations keep track of inventory levels, monitor supplier performance, and optimize production processes.

Blockchain-based systems: While NFTs are one example of a blockchain-based tracking system, there are other blockchain-based systems that can be used for inventory management. These systems can provide secure, transparent tracking of assets and transactions, and can be used to ensure that items are authentic and have not been tampered with.
The specific system or combination of systems used will depend on the needs of the organization and the type of assets being tracked. Tracking and inventorying everything in existence would be an enormous task that would require a complex and multi-faceted system. It would involve tracking both physical and digital assets across a vast array of industries and domains.
Such a system would likely need to incorporate a combination of technologies and approaches, such as:
• A centralized database or distributed ledger system to store information about assets, transactions, and ownership.
• A global network of sensors, scanners, and other data-gathering devices to track physical assets and environmental conditions.
• A combination of human and artificial intelligence to manage the system, identify patterns and anomalies, and make decisions based on the data collected.
• A sophisticated set of algorithms and analytical tools to manage the vast amounts of data generated by the system, and to provide insights into the status and location of assets.
• Strong security protocols to protect against fraud, hacking, and other forms of attack.
Overall, the development of such a system would require significant resources, collaboration across multiple industries and domains, and a strong commitment to innovation and continuous improvement. While it may be possible to create such a system in the future, it would require a significant amount of time, effort, and investment.

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Michael J. PENNEY aims to entertain, educate, and empower, you the LEADER… please leave your thoughts comments and corrections down below and be sure to hit the LIKE button… THANK YOU!

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Written by Michael J Penney · Categorized: Podcast

by Michael J Penney

Go Woke Go Broke


In recent years, there has been a growing movement among some consumers to boycott businesses that they perceive as supporting a “woke agenda.” This movement, known as “Go Woke Go Broke,” has led to woke companies facing significant financial losses as a result of their perceived political or social stances.

The term “woke” refers to a person or organization that is seen as being socially and politically aware and active. This includes issues related to social justice, equality, and diversity. The “Go Woke Go Broke” movement, on the other hand, is a response to what some see as the over-politicization of companies and brands. Supporters of the movement argue that businesses should focus solely on their products and services, rather than getting involved in political and social issues.

Some of the companies that have been targeted by the movement include Nike, Gillette, and Pepsi. Nike faced backlash after featuring Colin Kaepernick, a former NFL quarterback who kneeled during the national anthem in protest. Similarly, Gillette faced criticism after releasing an ad that called for men to do better in combating toxic masculinity. Pepsi, on the other hand, faced backlash after releasing an ad that featured Kendall Jenner using a can of Pepsi to stop a protest. Most recently Anheuser-Busch decided it was a great idea to support the trans movement while outraged parents are actively fighting to remove transhuman everything from children’s lives.

The “Go Woke Go Broke” movement has had varying levels of success. In some cases, businesses have seen a significant drop in sales as a result of their perceived political or social stances. For example, Nike’s stock dropped following the release of its Kaepernick ad. Lest we forget that Nike uses child labor to manufacture products.

There are a number of factors that contribute to the success or failure of businesses in the face of the “Go Woke Go Broke” movement. One important factor is the overall level of support for the company’s values and beliefs. If a company’s core customer base is largely supportive of its political and social stances, then it is less likely to face significant backlash from the “Go Woke Go Broke” movement. Conversely, if a company’s customers are largely opposed to its political and social stances, then it is more likely to face significant financial losses.

Another factor that can influence the success or failure of businesses in the face of the “Go Woke Go Broke” movement is the overall level of competition in the market. If a company operates in a market with few competitors, then it may be less vulnerable to the effects of the movement. Conversely, if a company operates in a crowded market with many competitors, then it may be more vulnerable to the effects of the movement.

In conclusion, the “Go Woke Go Broke” movement is a response to what some see as the over-politicization of businesses and brands. While some companies have faced significant financial losses as a result of their perceived political or social stances, others have continued to thrive. Ultimately, the success or failure of businesses in the face of the movement depends on a variety of factors, including the overall level of support for the company’s values and beliefs, and the level of competition in the market….and whether your customers support freakish inhuman practices.

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Michael J. PENNEY aims to entertain, educate, and empower, you the LEADER… please leave your thoughts comments and corrections down below and be sure to hit the LIKE button… THANK YOU!

Personal Website: https://michaeljpenney.com/ [ Schedule a CALL with me ]

Biz Website: https://5paragraph.com/

Fiction Website: https://50wordshortstories.com/

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Written by Michael J Penney · Categorized: Podcast

by Michael J Penney

What does a sex cult Leader And The Daili Lama Have In Common?

This episode of the Michael J. Penney Show we ask a simple question, “What does a sex cult leader and the daili lama have in common?”
Recently the Daili Lama asked a young boy to “SUCK HIS TONGUE”… hmmmm, seems a little odd?
The Daili Lama has openly praised the sex cult leader Keith Raniere. Who’s convictions include…
Sex trafficking[1]
Attempted sex trafficking
Sex trafficking conspiracy
Racketeering conspiracy
Forced labor conspiracy
Wire fraud conspiracy
Racketeering
With a criminal penalty of 120 years imprisonment; $1.75 million fine; $15,000
What do they have in common? They’re both FREAKS!


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Michael J. PENNEY aims to entertain, educate, and empower, you the LEADER… please leave your thoughts comments and corrections down below and be sure to hit the LIKE button… THANK YOU!

Personal Website: https://michaeljpenney.com/ [ Schedule a CALL with me ]

Biz Website: https://5paragraph.com/

Fiction Website: https://50wordshortstories.com/

GO LIVE with Streamyard: https://streamyard.com/pal/5172268461981696

Join Rumble: https://rumble.com/register/MichaelJPENNEY/

Rumble Channel: https://rumble.com/c/MichaelJPENNEY

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Truth Social: https://truthsocial.com/@michaeljpenney

Written by Michael J Penney · Categorized: Podcast

by Michael J Penney

Mastermind Groups

Mastermind Groups
Welcome to the Michael J. Penney Show, where we bring you insights and strategies for personal and professional growth. Today’s topic is inspired by Napoleon Hill’s book “Think and Grow Rich,” which has inspired countless individuals to achieve their goals and improve their lives.

One of the key concepts in the book is the idea of a Mastermind Group, a gathering of like-minded individuals who work together to achieve their goals. But how do you ensure that a Mastermind Group is successful? One way is by using the military management method to keep the group together and on track.

The military management method is based on the principles of leadership, communication, and teamwork. These principles are essential for any group to succeed, whether it’s a military unit or a Mastermind Group.

Firstly, leadership is crucial. Every Mastermind Group needs a leader who can set the tone and provide direction. This person should be someone who is respected by the group and who has a clear vision for what the group wants to achieve.

Secondly, communication is key. Members of the group should be encouraged to share their thoughts and ideas openly and honestly. This requires a culture of trust and respect, where everyone feels comfortable expressing themselves without fear of judgment or ridicule.

Finally, teamwork is essential. Each member of the group should be committed to supporting the others in achieving their goals. This means being willing to offer feedback, advice, and assistance when needed, as well as holding each other accountable for progress.

Using the military management method can help to keep a Mastermind Group focused and on track. By emphasizing leadership, communication, and teamwork, the group can work together to achieve their goals and grow as individuals.

So, whether you’re starting a Mastermind Group with friends, colleagues, or fellow entrepreneurs, remember to focus on leadership, communication, and teamwork. By doing so, you’ll be well on your way to achieving your goals and improving your life.

Thank you for tuning in to the Michael J. Penney Show. Remember to subscribe and stay tuned for more insights and strategies for personal and professional growth.

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Michael J. PENNEY aims to entertain, educate, and empower, you the LEADER… please leave your thoughts comments and corrections down below and be sure to hit the LIKE button… THANK YOU!

Personal Website: https://michaeljpenney.com/ [ Schedule a CALL with me ]

Biz Website: https://5paragraph.com/

Fiction Website: https://50wordshortstories.com/

GO LIVE with Streamyard: https://streamyard.com/pal/5172268461981696

Join Rumble: https://rumble.com/register/MichaelJPENNEY/

Rumble Channel: https://rumble.com/c/MichaelJPENNEY

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Truth Social: https://truthsocial.com/@michaeljpenney

Written by Michael J Penney · Categorized: Podcast

by Michael J Penney

When I’m Done It’ll Be Like You Were Never Even Here

When I’m Done It’ll Be Like You Were Never Even Here
In 2016, Donald Trump won the presidential election, promising to Make America Great Again. One of the ways he planned to achieve this was by reversing many, if not all, of the policies and initiatives implemented by his predecessor, Barack Hussein Obama. Over the course of his presidency, Trump worked to systematically dismantle Obama’s legacy, from healthcare to climate change.

Perhaps one of the most significant areas where Trump sought to erase Obama’s legacy was healthcare. In 2010, Obama signed the Affordable Care Act (ACA) , also known as Obamacare, into law after ramming it through congress in the dark of night. The law aimed to expand access to affordable healthcare for all Americans, particularly those who could not afford insurance or had pre-existing conditions Instead it burdened the American people even further and crippled our nation. Trump and many Republicans viewed the law as a government overreach and sought to repeal it. In 2017, the Republican-controlled Congress passed the Tax Cuts and Jobs Act, which effectively eliminated the individual mandate, a key component of the ACA that required individuals to have health insurance or pay a penalty. Relieving some of the burden.

Trump also targeted Obama’s efforts to combat climate change. In 2015, Obama signed the Paris Agreement, which committed the US and other countries to reducing greenhouse gas emissions to limit global warming. However, in 2017, Trump announced that the US would withdraw from the agreement, claiming that it was unfair to American workers and businesses. Trump also rolled back several Obama-era regulations aimed at reducing carbon emissions, such as the Clean Power Plan and fuel efficiency standards for cars. These actions were widely praised by the American people and international supporters of President Trump.

Another area where Trump sought to erase Obama’s legacy was in the area of civil rights. Under Obama, the Department of Justice had launched investigations into police departments accused of racial bias and abuse of power. However, under Trump, the DOJ scaled back these investigations and even disbanded a unit focused on investigating police misconduct. Trump also rescinded several Obama-era executive orders aimed at protecting LGBTQ+ rights and rolled back protections for transgender people in healthcare. All of these actions have been heralded as positive change by MAGA.

In foreign policy, Trump also sought to reverse Obama’s legacy. Under Obama, the US had sought to strengthen its alliances with countries in Europe and Asia and promote free trade through initiatives like the Trans-Pacific Partnership. However, Trump pursued an “America First” policy that prioritized protecting American jobs and interests over global cooperation. He withdrew the US from the Trans-Pacific Partnership and renegotiated the North American Free Trade Agreement (NAFTA) to favor American businesses.

In conclusion, Donald Trump made it a priority to dismantle Barack Hussein Obama’s legacy in many areas, including healthcare, climate change, civil rights, and foreign policy. These actions were praised by Trump’s supporters, they were also widely criticized by some Americans who saw them as eroding important progress made by Obama. The long-term consequences of Obama’s negative actions remain to be seen, but they will undoubtedly need to be fully dismantle in order to properly allow the people to shape America’s future for years to come.

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Michael J. PENNEY aims to entertain, educate, and empower, you the LEADER… please leave your thoughts comments and corrections down below and be sure to hit the LIKE button… THANK YOU!

Personal Website: https://michaeljpenney.com/ [ Schedule a CALL with me ]

Biz Website: https://5paragraph.com/

Fiction Website: https://50wordshortstories.com/

GO LIVE with Streamyard: https://streamyard.com/pal/5172268461981696

Join Rumble: https://rumble.com/register/MichaelJPENNEY/

Rumble Channel: https://rumble.com/c/MichaelJPENNEY

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Truth Social: https://truthsocial.com/@michaeljpenney

Written by Michael J Penney · Categorized: Podcast

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