What Is The Best Data Marketplace or API for Selling / Sharing Map Data?

Does anyone know what the best data marketplace is for selling/licensing geospatial map data?  I have been looking for resources like this for years.  

Google Finally Allows Fair Auction for Header Bidding Ad Networks

Google Removes Its 'Last-Look' Auction Advantage. The "last-look" advantage Google’s ad server gave to Google's ad exchange so bothered publishers and exchanges that it gave rise to header bidding. As of this week, that advantage is no more!

Previously, AdX would wait for all those other exchanges to submit their bids, and then give itself a chance to outbid the winner. So if Google’s exchange had two bids of $1 and $5, it would be able to beat a $4 bid from an outside exchange. Under the new auction rules, it would submit a bid of $1 (the second price) and lose the auction.

Here's how the programmatic auction will work: All EBDA exchange participants – including Index Exchange, Rubicon Project, PubMatic, Sovrn, Smaato and Gamut – submit their final bids. The DoubleClick AdExchange (AdX) also submits its final bid. And the best price wins.   Read more.

What Was the Brexit Vote? An Overview of the 2016 Referendum

In June 2016, the United Kingdom experienced a pivotal moment in its political history with the Brexit vote, a referendum that asked British citizens to decide whether the UK should remain in or leave the European Union (EU). This decision, with far-reaching implications, marked the beginning of a complex and often contentious process that reshaped the UK's relationship with the EU and the world.

The Context

The Brexit vote emerged from longstanding debates within the UK about the country’s role in the EU. Critics of EU membership argued that it compromised the UK's sovereignty, led to excessive regulations, and allowed unrestricted immigration from other EU countries. Supporters of remaining in the EU highlighted the economic benefits, including access to the single market and the advantages of political and economic collaboration with other European nations.

The Referendum

The referendum was called by then-Prime Minister David Cameron, who was under pressure from within his Conservative Party to address the EU membership issue. The campaign was marked by intense debate and sharp divisions, both within the UK and among its political leaders. The Leave and Remain campaigns each presented compelling arguments to the public, with Leave advocates focusing on issues like immigration control and national sovereignty, while Remain supporters emphasized economic stability and security.

The Outcome

On June 23, 2016, the British public voted on the question: “Should the United Kingdom remain a member of the European Union or leave the European Union?” The results were close, with 51.9% of voters choosing to leave the EU and 48.1% voting to remain. The Leave campaign secured 17.4 million votes, while the Remain campaign garnered 16.1 million votes.

Immediate Reactions

The result was a shock to many, leading to significant political and economic repercussions. Prime Minister David Cameron announced his resignation, citing the need for new leadership to guide the country through the exit process. The decision to leave the EU triggered debates over the future of the UK, including the fate of Northern Ireland, Scotland’s calls for another independence referendum, and the overall economic impact.

The Negotiation Process

Following the vote, the UK entered a period of intense negotiations with the EU to determine the terms of its departure. These talks covered a wide range of issues, including trade relations, citizen rights, and the financial settlement. The process was marked by numerous challenges, disagreements, and delays, leading to an eventual agreement on the terms of Brexit.

The Final Exit

The UK officially left the EU on January 31, 2020, entering an 11-month transition period to finalize arrangements for its future relationship with the EU. This transition period ended on December 31, 2020, marking the completion of the UK’s departure from the EU. The new relationship was defined by a trade agreement that sought to balance the UK’s desire for independence with the need for economic cooperation with the EU.

Conclusion

The Brexit vote of 2016 was a landmark moment in UK history, reflecting deep-seated divisions and sparking a new era of political and economic realignment. While the immediate aftermath was marked by uncertainty and upheaval, the UK’s departure from the EU has set the stage for ongoing discussions about the country’s role on the global stage and its future within a changing European landscape. As the UK continues to navigate the post-Brexit era, the implications of that historic vote will undoubtedly continue to shape its trajectory for years to come.

Google Maps Ads for Map Publishers?

Will Google Maps enable map publishers like us to get paid for ads published on maps?  Ad Sense has been a very profitable product for publishers.  I hope they enable publishers like us to get paid for ads displayed on our maps as well.  

Less Than .01% of Mobile Apps Are Used on A Consistent Basis

RIP 99% of Mobile Apps

Great Quote from VP of Global Marketing at Facebook Carolyn Everson. 

"80% of the time users spend time on top 4 apps. .00087% of apps are actually used on a consistent basis."  This quote was from the Keynote address at CES 2016.  

This is why we don't develop apps. Apps are too expensive and no ROI.

In today’s digital era, mobile applications have become indispensable tools for communication, entertainment, work, and everything in between. The app marketplace is teeming with millions of options, each vying for a share of our increasingly limited attention spans. However, a startling revelation has emerged: less than 0.01% of mobile apps are used on a consistent basis.

This figure underscores a profound truth about user behavior and app utility. While the average smartphone user might have dozens of apps installed, only a tiny fraction of these are used regularly. The reasons for this disparity are manifold, involving aspects of user experience, app design, and market saturation.

The Overabundance of Choice

The sheer volume of apps available in app stores today can be overwhelming. Users are inundated with choices, leading to a paradox of choice where the abundance of options makes it harder for any single app to stand out. Consequently, even well-designed apps may struggle to maintain consistent usage as users flit from one novelty to another.

User Engagement and Retention Challenges

User engagement is a critical metric for app developers. A well-designed app that meets a clear need can still struggle with user retention. Factors such as app usability, relevance, and the user’s immediate needs play pivotal roles. Apps that fail to offer continuous value or that do not evolve with user preferences often see a steep drop in usage over time.

Moreover, the nature of the app itself can influence its retention rate. Utility apps, such as those for banking or productivity, might see higher engagement compared to entertainment apps, which users might use sporadically. This variability highlights the challenge of creating an app that not only attracts users but also keeps them coming back.

The Role of User Experience

A seamless and intuitive user experience is crucial for fostering consistent app usage. Apps that are cumbersome, slow, or difficult to navigate quickly drive users away. In contrast, apps that offer a smooth, engaging, and personalized experience are more likely to retain users over the long term. This underscores the importance of continual updates and user feedback integration in app development.

The Impact of App Fatigue

App fatigue is a significant factor in the low usage rates of most mobile applications. As users accumulate more apps, their attention becomes more fragmented, and the novelty of new apps diminishes more rapidly. This phenomenon often leads users to stick with a few core apps that they find indispensable, relegating others to the background.

Strategies for Enhancing Consistent Use

For developers aiming to increase the likelihood of their app being one of the few consistently used, several strategies can be employed. First, focusing on solving a specific problem or fulfilling a clear need can help differentiate an app from the multitude of alternatives. Second, investing in a superior user experience with intuitive design and regular updates can enhance user satisfaction and retention. Lastly, understanding and adapting to user behavior through data analytics and feedback loops is essential for maintaining relevance and engagement.

In conclusion, while the app marketplace is vast, the challenge of maintaining consistent user engagement is formidable. Less than 0.01% of mobile apps achieving this feat is a testament to the difficulties inherent in the industry. For app developers, the journey toward creating a consistently used app is fraught with challenges, but with a clear focus on user needs, experience, and engagement strategies, it is a goal within reach.

How Crony Capitalism Corrupts the Free Markets

The damage the Federal Reserve is destroying the price function of free markets and capitalism.

In a true free market, competition thrives on the principles of merit and fairness, allowing the best products and services to rise to the top. However, when crony capitalism takes root, these principles are undermined, leading to a distortion of market dynamics and a significant erosion of economic efficiency and equity.

Defining Crony Capitalism

Crony capitalism refers to an economic system in which business success is heavily influenced by close relationships between business leaders and government officials. Rather than competing on the basis of quality, innovation, and efficiency, businesses gain advantages through preferential treatment, subsidies, regulatory favors, and other forms of government intervention that disadvantage their competitors. This practice undermines the foundation of a free market, where success is determined by market forces and consumer choice.

The Erosion of Fair Competition

One of the most profound impacts of crony capitalism is the erosion of fair competition. In a free market, companies must innovate and improve their offerings to attract customers and sustain growth. However, crony capitalism allows certain businesses to bypass this crucial aspect of market dynamics. By securing favorable regulations, tax breaks, and government contracts, crony firms can undercut their competitors or maintain market dominance without having to compete on equal footing.

This distortion not only stifles innovation but also discourages new entrants from entering the market. New businesses, lacking the same connections and influence, find it challenging to compete with established firms that enjoy government favoritism. As a result, the market becomes less dynamic and less responsive to consumer needs, ultimately leading to stagnation and reduced economic growth.

Resource Misallocation

Crony capitalism often leads to inefficient allocation of resources. When businesses receive government support or protection, they may invest in projects or products that are not necessarily aligned with consumer demand or societal needs. This misallocation can lead to overproduction in certain sectors while others suffer from a lack of investment and development. For example, subsidies for fossil fuel industries can crowd out investment in renewable energy technologies, even as the demand for sustainable solutions grows.

Inequality and Social Unrest

The impact of crony capitalism is not limited to economic inefficiency; it also exacerbates income inequality and social unrest. When a small group of businesses and their allies control significant economic resources through their political connections, the wealth gap widens. The general public, who are often excluded from these networks, may see little benefit from economic growth and may even experience a decline in their standard of living.

This growing disparity can lead to disillusionment and dissatisfaction with the economic system, fueling social and political instability. The perception that the game is rigged against ordinary people can erode trust in institutions and democratic processes, further destabilizing the economy and society.

Addressing the Challenge

Addressing the challenges posed by crony capitalism requires a multifaceted approach. Strengthening regulations to prevent conflicts of interest, promoting transparency in government contracts, and ensuring that competition laws are robust and effectively enforced are crucial steps. Additionally, fostering an inclusive economic environment that supports entrepreneurship and innovation can help counterbalance the advantages enjoyed by crony firms.

Ultimately, restoring the integrity of free markets in the face of crony capitalism is essential for promoting sustainable economic growth, enhancing social equity, and ensuring that the benefits of prosperity are widely shared. By reasserting the principles of fairness and competition, societies can build markets that truly serve the interests of all, not just the privileged few.

Be Fearful When Others Are Greedy

The Put Call Ratio vs the S&P 500 Is Unhealthy Once Again

Everyone Buying Calls & No One Is Buying Puts

Healthy Markets Correct To Clean Out The Crap & Pretenders

This Market is Phony Just Like The Fed Who Does Not See A Bubble

This is Not a Map But An Important Chart to Understand

Be Fearful When Others Are Greedy: Investing During Recessions

In the world of investing, the old adage, "Be fearful when others are greedy and greedy when others are fearful," encapsulates a timeless strategy, particularly pertinent during economic recessions. While the temptation to follow the herd can be strong, understanding the nuances of market psychology and economic cycles is crucial for making informed investment decisions. Here’s why recessions present unique opportunities and why one must exercise caution amid widespread optimism.

Understanding Market Cycles

Economic recessions are periods of declining economic activity, characterized by reduced consumer spending, falling stock prices, and increased unemployment rates. While these conditions can be daunting, they often present opportunities for savvy investors who can look beyond short-term volatility. Historical data shows that many of the best investment opportunities arise during downturns when asset prices are depressed, and the general sentiment is pessimistic.

The Psychology of Fear and Greed

Human psychology plays a significant role in financial markets. During a recession, fear often grips investors, leading to panic selling and market downturns. Conversely, during periods of economic growth, optimism can drive prices up, leading to speculative bubbles. The phrase “be fearful when others are greedy” underscores the importance of contrarian thinking. When the market is booming, and everyone is eager to buy, it might be time to consider selling or at least reassessing your investment strategy.

Opportunities in Recession

1. Valuation Discounts: Recessions typically lead to lower asset prices. Stocks, real estate, and other investments often become undervalued as fear dominates the market. For long-term investors, this can be an ideal time to buy quality assets at a discount.

2. High-Quality Investments: Companies with strong balance sheets and solid business models often emerge stronger from recessions. Investing in these companies during downturns can lead to significant gains as the economy recovers.

3. Diversification: A recession is a reminder of the importance of diversification. By spreading investments across different asset classes and sectors, investors can mitigate risk and capitalize on opportunities in various areas of the market.

Caution in Overconfidence

While there are opportunities during recessions, it is essential to approach them with caution. The temptation to invest heavily based on the belief that prices will continue to fall can be dangerous. It’s important to:

• Do Your Research: Thoroughly analyze market conditions, economic indicators, and individual investments before making decisions.
• Avoid Herd Mentality: Resist the urge to follow the crowd. Often, the most significant gains come from taking a contrarian stance when others are panicking.
• Stay Informed: Keep abreast of economic trends and financial news to make informed decisions that align with your investment goals and risk tolerance.

Conclusion

Investing during a recession can be a daunting task, but it also offers unique opportunities for those willing to navigate the complexities of market cycles. By understanding the psychology of fear and greed, recognizing undervalued assets, and maintaining a disciplined approach, investors can position themselves to benefit from downturns. As Warren Buffett famously said, “The stock market is a device for transferring money from the impatient to the patient.” Embrace patience, stay informed, and let the market’s volatility work in your favor.5

Rebranding to Syndicated Maps

Why The Fed's 0% Interest Rate Policy Hurts The Economy & Savers

Hedge Fund Manager David Einhorn explains how $200 billion per year is not being spent in the economy by savers because of the 0% interest rate policies.  Janet Yellen said yes our policies hurt savers but helps the overall economy?  I frankly think the Feds theories are incredibly flawed.  Gains in the stock market and housing are not being spent and the whole wealth effect theory only benefits a few people and not the masses.    

For over a decade, the Federal Reserve has maintained near-zero interest rates, a policy intended to stimulate economic growth by making borrowing cheaper and encouraging spending and investment. However, while these low rates may have provided short-term relief during times of crisis, they come with significant downsides that are increasingly becoming evident. The Fed’s 0% interest rate policy has far-reaching implications for the economy and for savers, potentially undermining long-term economic health and financial stability.

Distortion of Investment Decisions

One of the primary effects of 0% interest rates is the distortion of investment decisions. When borrowing costs are low, investors are more likely to take on higher risks, seeking higher returns in speculative assets rather than in stable, income-generating investments like bonds or savings accounts. This can lead to bubbles in asset markets, such as real estate or stocks, as investors chase yield in riskier ventures. Such bubbles, while they may boost short-term gains, often set the stage for future economic instability, as evidenced by past financial crises.

Savers Penalized

Savers are among the hardest hit by the Fed’s low-interest-rate policy. Traditionally, savings accounts, certificates of deposit (CDs), and other fixed-income investments have provided a reliable, if modest, return on investment. However, with interest rates at or near zero, the returns on these savings vehicles have plummeted. This erosion of interest income is particularly detrimental for retirees and other individuals who rely on their savings for living expenses. The inability to generate adequate returns on savings forces many to either spend down their principal or take on higher-risk investments, both of which can jeopardize their financial security.

Impact on Bank Profitability and Lending

Banks, which typically rely on the spread between the interest they pay on deposits and the interest they earn on loans, find themselves squeezed by low rates. With the cost of funds so low, banks’ net interest margins have shrunk, impacting their profitability. This can lead to a reduction in the availability of credit, as banks may become more selective in their lending practices to maintain profitability. Consequently, businesses and consumers may find it harder to secure loans, which can stifle innovation, expansion, and consumer spending, ultimately slowing economic growth.

Inflation Concerns

While low interest rates are designed to combat deflation and stimulate spending, there is a growing concern that they may inadvertently lead to inflation. When borrowing is cheap, money supply tends to increase, potentially driving up prices for goods and services. While moderate inflation can be a sign of a growing economy, excessive inflation erodes purchasing power, making it harder for consumers to afford everyday necessities. This can disproportionately affect low- and middle-income households, exacerbating economic inequality.

Long-Term Economic Health

The long-term impact of sustained low interest rates on the economy is a topic of considerable debate among economists. Some argue that while low rates can stimulate growth in the short term, they may lead to a misallocation of resources and create economic imbalances that are difficult to correct. For instance, prolonged periods of low interest rates may discourage savings and investment in productive capacity, potentially leading to slower economic growth and reduced productivity over the long run.

In conclusion, while the Federal Reserve’s 0% interest rate policy has played a crucial role in stabilizing the economy during times of crisis, its negative impacts on savers, investment decisions, bank profitability, and potential inflationary pressures highlight the need for a balanced approach. Policymakers must carefully consider these factors as they navigate the complexities of economic recovery and strive to ensure sustainable growth that benefits all sectors of society.

What Is The Best Bitcoin Wallet or Exchange Service?

Where is the Best Places to Buy & Trade Bit Coins?

What Wallets and Exchanges Are Certified?

How Are Merchant and Bitcoin Owners Vetted?

Bitcoin is the World's first decentralized digital monetary system and "bitcoins" are the currency units used. A decentralized system is essentially a P2P or pier to pier system versus a centrally managed system like PayPal.  The system has existed since January 3rd, 2009 and is used in every Country in the World. Bitcoins are created and controlled by advanced mathematics and cryptography, instead of by governments or banks (no government, bank, or corporation owns or controls Bitcoin). Bitcoins as a currency unit are created over time at a diminishing rate, and there will never be more than 21 million of them in existence (though they are highly divisible).

Bitcoin is different from any other payment system because:

• It is decentralized (no group has monopoly control over it) 
• It is not tied to US dollars or other government fiat currencies 
• It is impossible to suffer chargebacks or frozen accounts 
• It is (relatively) anonymous 
• Fees are optional (you may pay to make your transactions process slightly faster)
• Merchants can accept payments easily with hardly any fees.

Other virtual currencies do exists and are used for other services such as video games.  It will be interesting to see how this phenomenon evolves and if it will ever become commercially viable in the United States due to the enormous protection of the existing US banking laws.  China is one of the leading countries in World using and exchanging bitcoins.  The US is lagging far behind other countries in the World with adoption.  

US Governments officials and regulators will obviously be interested in stopping / regulating this for the following reasons:  

• Cutting Off Terrorism Funding
• Leakage of Tax Revenue 
• Money Laundering 
• Tax Evasion 
• Exchange of Illegal Goods and Services

Would love to learn more about these services and would appreciate the feedback below.  Please add links and comments.