Kelly again drew a distinction between the different elements of the broader plan, citing the spending and purchase of cryptocurrencies, crypto-related APIs for financial institutions, settlements via stablecoins and CBDCs

The data showed how projected hospitalizations of patients with COVID-19 would remain below capacity if restrictions were lifted around the start of the summer — but only if 20 per cent of Canadians have two received two doses of vaccines and 75 per cent have received their first.

An accompanying graph shows that hospitalizations could surge beyond capacity this fall if restrictions were lifted at the same time this summer but only 20 per cent had two doses and 55 per cent had one.

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Still, it grates with Chen that big supermarkets and department stores facilitate the counterfeiters by dealing in knockoffs. “It is very discouraging. The patent system is not working if something is popular. With something like Hovertrax, the patent is almost useless.”

Chen acknowledges that the problem is the price. He has put out a cheaper version that is nearly half the cost of the original but he said there is only so far he can go. The counterfeits save production costs with weaker motors and low-quality batteries, but that leaves them underpowered and unstable, making riders more likely to fall. They are also more likely to catch fire, which is why some airlines have banned them. “We explain to consumers, this has to be built safely. It cannot be that cheap. They don’t care. They want it and they want cheap ones,” he said.