Yearly Archives: 2013

The Charity That Just Gives Money To Poor People

"We talked to a man named Bernard Omondi who used the money — $1,000, paid in two installments — to buy a used motorcycle. He uses it as a taxi, charging his neighbors to ferry them around. Before he had the motorcycle, he says, he sometimes worked as a day laborer, but often couldn't find any work at all. We talked to several other people who started small businesses. One family bought a mill to grind corn for their neighbors; another started selling soap and cooking oil. All of the people who got money from GiveDirectly lived in mud-walled houses with grass roofs. Many of them spent part of the money on metal roofs to replace the old, grass roofs." Continue reading →

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Is FinCEN Leaking Your Personal Data?

"When citizens file their information with the federal government there is a law in place called the Privacy Act. This law is supposed to protect the information from disclosures. When I visited FinCEN I noticed an unusual link at the bottom labeled 'Google Privacy.' The page states 'This website utilizes Google Analytics to get aggregate metrics on website usage' and goes on to provide links to the Google privacy policy. Of course by the time you see the notice Google already has your info. If you were logged on to your personal account Google now knows you have an interest in Financial Crime networks. FinCEN provides 'opt-out' instructions but, guess what, it is too late." Continue reading →

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The wealth transfer effect of bitcoins

"Earlier this year, I wrote about a number of countries that would do well by adopting bitcoins, mostly because of either inflation or poor investment options in those countries. Those are still valid reasons for investing in BTC for citizens of those countries. But it now seems that in hindsight it would be a complete governmental collapse that would fuel increased interest in bitcoins. A loss of faith in a monetary system by a country’s citizens and stakeholders is likely more of a predictor of increased interest in bitcoin. So, what are the countries out there today that face big problems in terms of credit risk?" Continue reading →

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Firm says online gambling accounts for almost half of all Bitcoin transactions

"It's no secret that online gambling has been lucrative for a few pioneering companies. Even though it's been illegal in the US since 2006, companies have made relatively large sums serving customers who are either placing bets outside the US, through a VPN, or by simply sending a Bitcoin amount to a fixed address corresponding to a “game” which will return a player's money with various probabilities. One of the biggest Bitcoin gambling sites, SatoshiDice, stays on the up-and-up with US regulators by blocking IP addresses coming to its site from the US, but in January 2013 it reported ฿33,310 in profits in 2012, which at the time reflected $596,231 (although today it would reflect much more)." Continue reading →

Continue ReadingFirm says online gambling accounts for almost half of all Bitcoin transactions

In-person Bitcoin exchanges make a splash in Berlin

"Supporters of Bitcoin spent Saturday engaging in personal exchanges in Berlin, taking place in a mobile art space which supports the cryptocurrency. Its official recognition by the German state earlier this month is only aiding its expansion. Bitcoin Exchange Berlin hosted their third meeting on Saturday at the city’s Platoon Kunsthalle (Platoon Art Hall) to launch a European hub where people can both buy and sell a selection of products using Bitcoin and buy and sell the currency itself in a stock-exchange type climate. Buyers attend with notebooks or electronic devices in order to create an account with the currency and buy it." Continue reading →

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David Galland: I’m from the Government, I’m Here to Bend You Over

"Yet, just as a woman can't be 'a little pregnant,' constitutions can't really be a little—or, in the case of the USA these days, a lot—flexible. When that happens, the constitution becomes something else. A document with some general suggestions? A paper with loose ideas that governments are free to accept—or not—depending on the day and circumstance? But it's not a constitution any more. The problem, as I hope you begin to see, is that once a nation—scratch that: once the government of a nation—is allowed to make it up as they go along, the system of laws is certain to quickly deteriorate. The consequences are as clear as the mountain across the valley from where I sit." Continue reading →

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Innocents Betrayed [2003]

"You’ll see the photos, the footage, the people, the faces. You’ll read the laws and hear the proclamations. You’ll witness just enough horror to understand how easy it is for armed killers to slaughter the disarmed, the powerless, the innocents. Genocide examples from all over the world: Russia, China, Germany, Cambodia, Guatemala, Uganda, Rwanda and more. Examples showing how disarmed people in America have suffered persecution, mass murder, slavery, and terrorist attacks. A fast-moving, modern production, Innocents Betrayed presents the entirely true accounts of how civilian disarmament made possible the killing of millions. The point is made sharply, clearly, unforgettably." Continue reading →

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Genocide: Worse Than War [2010]

"Watch Daniel Goldhagen's ground-breaking documentary focused on the worldwide phenomenon of genocide, which premiered on PBS on April 14, 2010. 'By the most fundamental measure -- the number of people killed -- the perpetrators of mass murder since the beginning of the twentieth century have taken the lives of more people than have died in military conflict. So genocide is worse than war,' reiterates Goldhagen. 'This is a little-known fact that should be a central focus of international politics, because once you know it, the world, international politics, and what we need to do all begin to look substantially different from how they are typically conceived.'" Continue reading →

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Police Crackdown at Burning Man Alarms the Community

"Workers and volunteers who arrived early to Nevada’s Black Rock Desert for the annual art, self-reliance, and free-expression event called Burning Man are reporting an unprecedented police presence on the playa, and whispers of a police crackdown on the event are spreading. Burning Man has historically been a peaceful event with little to no incidents that would merit increased law enforcement. For example, at last year’s event, which had more than 52,000 attendees, a total of four drug-related arrests were made and 13 nonviolent misdemeanor citations were given (in lieu of arrests) according to the Washoe County Sheriff’s Office. No violent crimes were recorded." Continue reading →

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What would the Rev Martin Luther King think of Obama’s presidency?

"John Lewis, now a Georgia congressman, is the only survivor of the March’s original organizers. [..] Lewis has also lived long enough to see that even a black president can be tone deaf to the spirit of King’s life. If King, an apostle of non-violence and advocate for the poorest of the poor, were alive today, what would he make of President Obama’s careless-with-life drone assassinations, his bullying of journalists and whistleblowers, his assent to slashing Social Security via his Scrooge-like 'deficit commission'? Without irony, the current 50th birthday organizers have invited Obama to speak from the very same podium where King made history." Continue reading →

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