Harry Potter, Math Whiz, and Pencils: 3 Things You Didn’t Know About a Young President Obama

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“The most powerful engine for learning is between your ears.” – President Obama 

President Obama dropped in to the Anacostia Neighborhood Public Library today in Washington, D.C. to join a “virtual field trip” with students across the country to talk about the power of reading and the importance of preparing for a higher education. 

Every child deserves the chance to learn and thrive in an environment that is enriched with the latest technology that will connect our future leaders to the information they need to succeed. Today, the President announced two new efforts to expand those opportunities: new #BooksForAll commitments, and the ConnectED Library Challenge. Major publishers are joining together to provide unlimited access to thousands of children’s and young adult e-books, and public libraries across the country are stepping up to help give every child enrolled in school a library card. 

Read more about these new initiatives here

While at the library, the President participated in a conversation with kids – in-person and broadcast virtually to classrooms around the world through a Discovery Education webinar – about the power of reading. He shared a few new details of what he was like as a young student, a young parent, as an author and a voracious reader.  

Here are three things the President shared about his life growing up that you may not know: 

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ConnectED: Open Books and Open Doors

President Obama answers questions from students during a Discovery Education webinar

President Barack Obama answers questions from students during the Discovery Education webinar entitled “Read to Discover a World of Infinite Possibilities,” at the Anacostia Neighborhood Library in Washington, D.C., April 30, 2015. 6th-grader Osman Yaya moderates the event which is part of the “Of the People: Live from the White House” Virtual Field Trip series.

(Official White House Photo by Chuck Kennedy)

Two years ago, President Obama launched ConnectED — a bold initiative to connect all of America’s schools and libraries to the digital age, to jumpstart learning technology, and to ensure that America’s young people can benefit fully from new advances in digital content and connectivity.

As part of the ConnectED effort, today the President traveled to the Anacostia Neighborhood Library in Washington, D.C. to announce new partnerships to expand access to free books for America’s students, and to ensure every student has easy access to their local library and the wealth of knowledge and resources it can provide.

RT if you’re excited about President Obama’s new commitment to expand access to books for kids. #BooksForAll http://t.co/sOgAoVTugu

— The White House (@WhiteHouse) April 30, 2015

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Chamber of Digital Commerce Hosts AML Compliance Boot Camp in New York Today

The Chamber of Digital Commerce will hold a two-day anti-money laundering (AML) compliance boot camp for bankers, regulators and digital currency companies. The event will be in New York City from April 30 to May 1, with an optional workshop on May 2. The topic of compliance and regulations is a tough one for Bitcoin companies. AML Know-Your-Customer and OFAC regulations are difficult for large and established companies, as seen recently when PayPal was fined $7 million by the U.S. Treasury Department for processing illegal transactions from blacklisted persons. According to the president of the Chamber of Digital Commerce, Perianne Boring, AML can be one of the most complex and difficult laws to be compliant with. And for a startup […]

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XBT Provider Announces Bitcoin Tracker One, the First Bitcoin-based Security Traded on Nasdaq Stockholm

XBT Provider AB announced today the authorization of Bitcoin Tracker One, the first bitcoin-based security available on a regulated exchange, Bloomberg reports. Bitcoin Tracker One is an “Exchange Traded Note” (ETN) designed to provide investors with convenient access to the returns of the underlying asset, U.S. dollar (USD) per bitcoin, less investor fees. Bitcoin Tracker One is authorized by Sweden’s financial supervisory authority, and will be admitted to trading on Nasdaq Stockholm. The average dollar exchange rate of bitcoin from the most liquid exchanges provides the underlying reference price. The first day of trading is expected to be May 18th, 2015. “We are proud to offer the world’s first “Bitcoin tracker” to be traded on a regulated exchange,” said Alexander […]

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Healthy Aging Requires Livable Communities

Ed. note: This is cross-posted on the U.S. Department of Housing and Urban Development’s blog. See the original post here.

 

Earlier this week, I traveled to Cleveland, Ohio to speak at the fourth regional forum as part of this year’s White House Conference on Aging (WHCOA). The meeting brought together a wide variety of leaders to work on a common goal: addressing the changing landscape of aging.

Our nation is experiencing an incredible transformation, with 10,000 Americans turning 65 every day. And we also know that the way folks view retirement is changing — it’s no longer looked at as the closing chapter in one’s life, but rather the beginning of a new one.

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MonetaGo Launches with Goal to Provide Liquidity to Global Bitcoin Exchanges

Named after an ancient Roman Goddess, MonetaGo is looking to provide liquidity to Bitcoin exchanges in 35 countries around the world, with the goal to expand to 50 by the end of the year. “We want to be the umbrella to the other exchanges,” Margaux Avedisian, co-founder and business development officer, told Bitcoin Magazine at Inside Bitcoins New York. Whereas other exchanges launch in one country and look to sign up consumer traders, MonetaGo aims to connect all of these exchanges together to increase liquidity for them all. Further, MonetaGo allows trades to be settled in multiple currencies. This is possible because the company is built using the AlphaPoint trading platform, a company that Avedisian launched in 2013. Jesse Chenard, CEO […]

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Bitcoin-friendly Fidor Bank Expands to the United Kingdom

Fidor Bank, the innovative German bank that is bringing Bitcoin and digital fintech to mainstream banking, is now operating in Great Britain. Fidor Bank, one of the world’s most innovative banks disrupting the traditional banking sector, has been recognized by the World Economic Forum as a “Global Growth Company.” Founded in Germany in 2009, Fidor Bank offers a new approach to financial services. “Traditional banks do not reflect their customers’ needs in the digital age,” notes the Fidor Bank UK website. “Customer requirements are not being met by traditional banks because of lack of innovation, increasing the distance between banks and their customers.” A key feature of Fidor Bank is its community site, where users and representatives of the bank […]

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Iran Nuclear Deal: Obama’s Desperation is Showing. And It’s Dangerous

As the nuclear negotiations with Iran reach their final phase, President Obama increasingly finds himself at odds with reality. Although the United States has worked for years to prevent Iran from developing nuclear weapons while limiting Tehran’s attempts to be a regional hegemon, the president’s desperation to secure a deal ­- at whatever cost -­…

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