Market Mad House

MOAC’s answer to the blockchain scalability problem is MicroChains. A MicroChain is a sidechain, a less-encrypted blockhain alternative.

A blockchain’s capacity and speed is limited because of all the encryption. Sidechains offer higher speeds and greater capacities because they build them with less encryption.

MOAC is trying to solve the scalability problem with a layer of MicroChains or sidechains built into its blockchain. Thus, a business using MOAC could theoretically send out hundreds of invoices or accept payments at once via the MOAC MicroChain.

For instance, a gaming platform could accept payments from dozens or hundreds of players once with MOAC MicroChains. A utility could bill thousands of customers at once using a MOAC MicroChain.

MOAC’s answer to the blockchain scalability problem is MicroChains. A MicroChain is a sidechain, a less-encrypted blockhain alternative.

A blockchain’s capacity and speed is limited because of all the encryption. Sidechains offer higher speeds and greater capacities because they build them with less encryption.

MOAC is trying to solve the scalability problem with a layer of MicroChains or sidechains built into its blockchain. Thus, a business using MOAC could theoretically send out hundreds of invoices or accept payments at once via the MOAC MicroChain.

For instance, a gaming platform could accept payments from dozens or hundreds of players once with MOAC MicroChains. A utility could bill thousands of customers at once using a MOAC MicroChain.

The conservative backlash against Trumpism gives Republicans a tough choice. The choice is to stick with a President popular with the base, or compromise with alienated elements.

The choice will have to be made because Republicans need the educated upper class conservatives if they want to be competitive in blue and purple states. Moreover, such voters can cost the GOP seats even in deep red states. For example, a combination of African-Americans and dissatisfied traditionalists thwarted the disgusting Roy Moore’s (R) childish Senate bid in Alabama in 2017.

Such traditionalists often provide the small margins needed to win close elections. Upper class voters are difficult for Republicans to appeal to because they are the opposite of the GOP’s base.

To explain, the upper class voters are often secular and socially liberal but fiscally and economically conservative. For example, upper-class Republicans favor gay rights, gun control, fewer social programs, and lower taxes.

On the other hand, middle and working class Republicans are often socially conservative but economically liberal. Hence, they oppose gay rights but favor higher taxes and broader social programs.

For instance, a common dictionary definition of populism is “support for the concerns of ordinary people.” However, Trump’s signature legislative achievement is a $1.4 trillion tax reform package that critics attack as a “giveaway to the rich.”

In particular, the Tax Cuts and Jobs Act reduced the top individual tax rate to 37%, The Balance points out. Moreover, the act could reduce the number of affordable housing units by 200,000 by cutting tax credits, Mother Jones notes.

Additionally, the Tax Cut and Jobs Act is wildly unpopular. For instance, only 27% of Americans called the act a “good idea,” an April 16, 2018, Wall Street Journal/NBC News poll estimates.

To be fair to Trump, the Tax Cut and Jobs Act is the work of Congressional Republicans. Those Republicans have vast ideological differences from the President.

Importantly, Congressional Republicans have the power to kill Trump’s agenda unless he goes along with their pet legislation. Thus, Trump the populist has no choice but to go along with whatever Congressional Republicans want.

For instance, a common dictionary definition of populism is “support for the concerns of ordinary people.” However, Trump’s signature legislative achievement is a $1.4 trillion tax reform package that critics attack as a “giveaway to the rich.”

In particular, the Tax Cuts and Jobs Act reduced the top individual tax rate to 37%, The Balance points out. Moreover, the act could reduce the number of affordable housing units by 200,000 by cutting tax credits, Mother Jones notes.

Additionally, the Tax Cut and Jobs Act is wildly unpopular. For instance, only 27% of Americans called the act a “good idea,” an April 16, 2018, Wall Street Journal/NBC News poll estimates.

To be fair to Trump, the Tax Cut and Jobs Act is the work of Congressional Republicans. Those Republicans have vast ideological differences from the President.

Importantly, Congressional Republicans have the power to kill Trump’s agenda unless he goes along with their pet legislation. Thus, Trump the populist has no choice but to go along with whatever Congressional Republicans want.