Islamic banking Bitcoin News

Islamic Bank of Bitcoin Check

Islamic Bank of Bitcoin Check submitted by coincrazyy to BitcoinAll [link] [comments]

"Bitcoin in Islamic Banking and Finance," Journal of Islamic Banking and Finance

submitted by coincrazyy to BitcoinAll [link] [comments]

Hypothetical. I want to send funds to the Kurdish republic of Rojava in Syria to support them during this crisis of theirs, the only way I can do this is through bitcoin (or other crypto).

So what the title says.
Lets say I want to support Rojava because they are one of the few bastions in Syria which is actually secular, liberal and democratic.
I've done so regularly in the past through traditional channels (which has cost a lot of money in fees) and it has worked well.
So this was allowed through traditional means untill Turkey, under americas allowance, invaded their terroritory and forced Rojava to align itself with the syrian government/former government in order to be able to defend themselves against the Turkey army that consider them to be terrorists because they happen to be kurds that have regional autonomy and means to defend themselves. (this is btw after america gave Rojava their guarantee that america would defend the kurds against Turkey if it came to that, in exchange for Rojava dismantling their turkey-facing defensive structures)
From now on, depending on your domiciled country, many westerners can no longer financially support Rojava because of an ocean or reasons. For some its that you're not allowed to financially support states that are in armed conflict with an ally (Turkey is in NATO), for others its that you're not allowed to financially support organisations that cooperate with Assad (nevermind that it was america that put them in the position that they had to), and there is a host of others.
Now how can I support Rojava in any other way than through bitcoin/other crypto?
I've looked it up, it does indeed work and they have bitcoin addresses one can donate too. (as I understand it they even have specified addresses if you want to donate to some specific section, like if you specifically want to support child healthcare)
Now could you please tell me of another comparable or better way to donate to this cause, other than through crypto?
I cant wire it or in any way use banking, its simply not possible due to regs.
I cant send money in the mail because mail delivery over that distance and into syrian territory is spotty at best and if the letter is taken by another group then I've inadvertedly supported what is likely a islamic fundamentalist militia. I also know crypto fees is a big joke in here but the fees to send letters to syria dwarf any crypto transaction fee. (not to mention the fucking headache, I struggle sending packages to the next country over, cant even begin to consider everything that I'll need to do to send something to Syria)
Please let me know how I'm wrong in that this is the best and potentially only way of doing this.
Further let me know how crypto still doesnt have a use case if you agree that I'm right on this.
(Hey mister FBI-guy, if you're reading this I just want it clear that I'm making a hypothetical here. I wouldnt send a cent to godless socialists in the middle east, I'm just a normal american that watches football and boo at the blacks when they kneel, not an ounce of unamerican-ness in my body)
submitted by MJURICAN to Buttcoin [link] [comments]

Cryptocurrency Adoption: A Breakthrough?

Cryptocurrency Adoption: A Breakthrough?
You have probably read dozens of articles dedicated to this subject before, and likely skipped even more. So why write another one, let alone read it? The short answer is times have changed. Well, times always change. Still, the point is that we may be amidst a paradigm shift in the cryptocurrency space right now even if we don’t feel it yet.
by stealthEX
Such a fundamental change is possible due to a confluence of several factors. Some of these factors are external and therefore not related to crypto. Others are internal and represent the value-oriented nature of cryptocurrencies. It just happened that all of them got activated under specific conditions at a certain point in time, which is today, give or take.

Economic woes in a post-Covid-19 World

You wouldn’t be far from the truth if you claimed that we haven’t yet pulled through the pandemic, to begin with. Unfortunately, it only makes matters worse unless you are a cryptocurrency investor and don’t care for the rest of humanity. Anyway, the damage has been done, and nothing can change that. We are now entering the phase that is technically called “competitive devaluations” and colloquially known as currency wars.
You could also argue that if it didn’t happen at the peak of the coronavirus pandemic, it is not going to happen now. The sad truth is that we are only starting to feel the real pain. Even the deadly coronavirus doesn’t take over the body instantly, while it takes some time on the scale of a few months up to a couple years for the economic disease to spread through the fabric of society, evolve, and then erupt with inflation rates shooting through the roof, among many other nasty things. Please take your seat.
The world reserve fiat, the American dollar, is sinking like Titanic, slowly but surely. We can’t say the same about less lucky currencies, though. We won’t dwell on the Venezuelan bolivar and Zimbabwean dollar as they are altogether beyond redemption, but fiats like the Brazilian real and Russian ruble are also balancing on the brink of another landslide devaluation, which they have seen many in the past. Sharp minds in the cryptocurrency space have been telling us about this development for ages. It all looked like a remote possibility in some distant future that as we felt deep down wouldn’t have a chance to come up in our lifetime.
As it stands, we were wrong, and the events described are now starting to unfold right before our own eyes. In a strange twist of fate, large-scale cryptocurrency adoption is about to occur along with them, but not through some technical breakthroughs and innovation, or even the much-hyped DeFi, but primarily through the failure of conventional financial systems based on fiat currencies. Rest assured, the top dogs in the cryptocurrency pit are well aware of this dynamic, and they are not going to wait any longer.
Grayscale Investments, a multi-billion dollar company behind a host of cryptocurrency trust funds, started to frenziedly buy up bitcoins a couple weeks ago. All in all, it acquired over 17,000 BTC adding to its already quite impressive stash of Bitcoin, now totalling almost 450,000 coins under its management. Love it or leave it, but it amounts to 2.4% of all bitcoins mined to date, including lost, burned, or left for dead as dust in Bitcoin wallets. In essence, it means that their effective share is way higher.
But while Grayscale definitely sits at the top of the cryptocurrency investment chain, it is not the only company that went on a buying spree lately. MicroStrategy, a company largely unknown to the wider public, suddenly got religion and swapped over $400 million of its capital into 38,250 BTC. Even Barry Silbert, CEO of Grayscale, commented on this feat in his tweet.
Twitter, by StealthEX
So whenever there is a hint at price correction, someone comes out of the shadows and picks up a handful of bitcoins from the market propping up the price.
Why are they doing this? You already know the answer.

Paradigm shift

In different words, all that cryptocurrencies had to do was to last long enough until fiat started to fall apart. It does now, and paradoxically such times are also times of great opportunity, Baron Rothschild’s way. The world’s largest cryptocurrency exchange, Binance, has been pushing its cryptocurrency payment card since April when it acquired Swipe, a firm focused on crypto-to-fiat payment cards. At the time of the acquisition Swipe already supported 20 cryptocurrencies and fiat transactions in major currencies.
Binance.com, by StaelthEX
For European users the Binance card was officially made available in August, and the exchange plans to enter the US market soon. Given its dominance in the crypto arena, it wouldn’t be unreasonable to expect the surge in the cryptocurrency use as a means of payment thanks to this. It is unlikely that people would spend their precious bitcoins, but the packmaster is not the only member of the pack that Binance handles. Cryptos like Litecoin or Bitcoin Cash can easily become currencies of choice to use with Binance debit cards.
But what truly makes it a game-changer is the current turmoil in the global economic affairs which may turn out to be a once-in-a-lifetime chance for crypto to pick up where fiat currencies leave, or fail, to be exact. On the other hand, it may be a natural development after all, set in stone by the very first Bitcoin transaction and cemented for good when it got confirmed. Now things start to arrange themselves to fit their preordained layout. We have taken our time.
As cryptocurrencies are not internally linked to, or tied by, the lunatic policies of monetary authorities, that is to say, no central bank can ask or force miners to mine more bitcoins, we have the first element in place in the layout for the cryptocurrency mass adoption to occur at the most basic level. In fact, it has always been there, so we just had to wait until the two other elements arrived, even though it took longer than most of us were ready to wait.
The second required element in the grand picture of cryptocurrency adoption is the change in attitude toward wealth evaluation. So far the vast majority of people involved in crypto, including its most die-hard supporters, valued their cryptocurrency holdings in fiat terms. Without doubt, it was the US dollar, regardless of your home currency. But when fiat collapses or enters a long period of runaway inflation, people will be ready for a dramatic change in their approaches toward capital assessment as well as spending habits.
And here comes the most important part where Binance hits the nail on the head. If you are unable to effortlessly spend crypto in your everyday life, the first two components cannot trigger this change in attitude on their own. We need this third element to make use of what has existed and take advantage of what has come around. In a way, what Binance did, and what its competitors are no doubt going to do as well if they don’t want to miss out on the opportunity, appears to be the part that snugly snaps into place when we finally get there.
With Binance payment card, you can “buy the things you love with crypto”. So now the ball is in your court to support the full-scale cryptocurrency adoption coming up. Kidding aside, with fiat turning into trash by leaps and bounds all over the globe, this looks like a very enticing payment option for both the crypto purists and the unbanked. We have seen quite a few such cards in the past, but Binance seems to be adamant on making its variety really popular and actually usable. And then you can ride volatility waves to your financial benefit.
If Binance succeeds, that may herald a new era of cryptocurrency adoption, a breakthrough of sorts after so many years of stagnation in this department.

Repercussions and ramifications

It is not like only we, traders and investors alike, see these trends. Governments are also taking notice and paying close attention. They can’t remove cryptocurrencies and they can’t help inflating their national currencies. However, they can still crack down massively on this and similar endeavors, trying to nip them in the bud. We don’t know yet what Uncle Sam is going to say but some muslim countries have been quite vocal in this regard.
For example, Egypt has issued a fetva which prohibits bitcoin transactions as being against Sharia, an Islamic religious law. Another mostly Islamic country, Indonesia, has banned the use of cryptocurrencies as a means of payment. Russia, although not Islamic yet, is hellbent on effectively outlawing most cryptocurrency operations despite passing earlier a law on digital assets which is essentially neutral to crypto.
To conclude, we must be aware that once things get serious and governments see that their monetary supremacy is being threatened, that they can no longer play their favorite game of inflation tax, they will leave no stone unturned to prevent mass use of crypto as an alternative means of payment. And cryptocurrency payment cards are hands down one of the best tools available for this use on a down-to-earth level, groceries and whatnot.
Now you know what their target will be.
And don’t forget if you need to exchange your coins StealthEX is here for you. We provide a selection of more than 300 coins and constantly updating the cryptocurrency list so that our customers will find a suitable option. Our service does not require registration and allows you to remain anonymous. Why don’t you check it out? Just go to StealthEX and follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example BTC to ETH.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your coins.
Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [email protected].
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
Original article was posted on https://stealthex.io/blog/2020/10/06/cryptocurrency-adoption-a-breakthrough/
submitted by Stealthex_io to StealthEX [link] [comments]

The rough guide to the Islamic Investment world (in South Africa)

So this is my rough guide to Islamic investments within the South African Universe (it can apply globally, except my examples is all South African based). Hope it is informative and encourages halal investing.
Suggestions welcome
Section 1: Investment Universe 
  1. Islamic Bank fixed deposits
About: Invest your money for a fixed period (1 month up to 5 years). Get profit when period is completed
Pros: Reliable profit , Low financial risk, low Islamic risk : covered by a board of Shariah scholars
Cons: Low profit rates.

  1. Unit trusts
About: Collective investment - managed by investment company, protected by SA law, typically invests in equities, sukuks and property
Pros: Plenty of choice, Provided by registered Financial Service Providers, Sharia Boards , diversification
Cons: Typically High fees, .

  1. ETF
About: Collective investment
Pros: low fees, Provided by registered Financial Service Providers, Sharia Boards , diversification
Cons: only one option in SA, heavily weighted on Resources

  1. Shares
About: Pick your own stocks off the exchange
Pros: High profit potential,
Cons: Very Risky, No Islamic oversight (hence need to do your own screening)

  1. Property
About: Tried and test property
Pros: Stable Asset, Tangible, Straightforward, Zakah benefits,
Cons: High capital outlay, expensive legal costs (transfebond registration) , Not very liquid,
  1. Custom Wealth Solutions
About: Customized Wealth management and investments
Pros: Professional advice, custom solution
Cons: Available exclusively to high net worth individuals, Investment advise appears to be fee based

Section 2: Definitely not halal 
  1. Margin based investing: Margin = interest = haram. Also very risky
  2. Futures contracts: Shorting, going long, all CFD's and futures contracts are impermissible. Because a condition for a halal investment is that the underlying asset must be owned
  3. Forex: Or at least forex based on CFD's and margins. Buying dollars to travel should be perfectly fine.
  4. Stocks/Equities that primarily deal in haram activities: Gambling, pork, etc

Section 3: Grey Areas 
  1. Crypto ( Bitcoin ,etc) : In theory these should be more "halal" than fiat currency (what all money in the world is) however there are differences of opinion.
  2. Shares : There are grey areas : Most companies has an element of haram income (interest, etc). Scholars have devised ratios to to filter out "islamic stocks" from haram stocks (30-33% max debt, max 5% haram income, liquid ratios, etc). It is for this reason these stocks requires dividend purification.
However you should be aware of this before venturing into to stocks as you might not be comfortable with that thought (This also affects EFTs, Unit trusts, etc).
3 Easy Equities: Easy equities makes it cheap and easy to own equities. However I would at all times buy/sell only whole shares and not fractional shares. Fractional shares are done as a CFD (a bit different from a forex CFD). You get all the benefits of ownership such as dividends and capital gains on a pro rate basis. But you do not actually own the CFD until you buy enough CFD to get a real whole share. That being said, it is still grey, best to avoid fractional shares entirely
4. Halal Forex Accounts: Somehow these are marketed that way. Here's a link to (Islamic Finance Guru) who has a bit more knowledge on this. (Note: I am not affiliated in any way or get any benefit)
Section 4: Conclusion 
I sincerely hope this helps , and encourages to invest in the Islamic world.
Any ideas, inputs and suggestions welcome.


Disclaimer 1 : Corrections welcome, I am not a learned scholar, this is not financial advice, you bear the responsibility & consequences of your own decisions/investments
Disclaimer 2 : At some point FNB Sharia board quit , they subsequently hired a new board. They don't however make it easy to find who is in the board from their website. However the information can be found in news websites.
submitted by Flying_Koeksister to IslamicFinance [link] [comments]

How to prepare for bank bail-ins?

So banks are now saying they expect a wave of bad loan losses. Considering the poor state the banks were in before the virus hit, I'd say there's a pretty high chance now of bail in legislation being triggered. For those not familiar with the concept: https://www.investopedia.com/terms/b/bailin.asp
Put simple, these are laws that have been implemented in pretty much every country now, and allow the government to let banks go bankrupt up to the amount of their depositors that is insured by said governments, as was trialed in Cyprus in 2015. Any money below that amount could be frozen, with withdrawals limited to small amounts per day.
So my question, how do we prepare for this? Which banks might avoid bail ins?
I heard Singapore banks are pretty heavy on cash, but I know Singapore has adopted bail in legislation and increased the amount of insured deposit, not a good sign.
I've been looking into Islamic Banking, but it seems Islamic countries are also adopting bail in legislation which suggests they'll be equally affected.
Crypto and physical gold seem like classic protection, but I fear their recent surge in value is a honey pot meant to draw in money and then crush it. That's what happened after the Cyprus bail ins, Bitcoin prices got slammed overnight and just a day later so did gold.
Brokers seem like a good option, as they are by law forbidden from gambling with their clients' money. And it seems that bail ins do not affect companies, only private depositors.
Stocks seem hard to say, massive money printing might push prices up rather than down, even for banks, as bail ins would wipe out a lot of their debts.
submitted by sanem48 to personalfinance [link] [comments]

MXC Global steps forward in the Turkish cryptocurrency market after partnering with MenaPay

MXC Global steps forward in the Turkish cryptocurrency market after partnering with MenaPay

https://preview.redd.it/s9rpzi2sj6e51.png?width=751&format=png&auto=webp&s=f379dd86d47116ba457e201334338eb92060afaf
1. MXC Global Partners with MenaPay to Expand the Market in Turkey and Islamic Countries
According to ChainNews, Turkey local time on July 30, MXC Global announced a strategic cooperation with the compliance payment platform MenaPay in fiat currency. MXC will expand the Turkish and Islamic markets with the help of MenaPay.
MenaPay is the first SuperApp in the Middle East and North Africa region to fully support blockchain-based non-bank mobile payment solutions under Islamic financial regulations.
This means that MXC Global steps forward in the cryptocurrency market, also has expanded further in the Turkish market.
As early as March this year, MXC Global has successfully pioneered the cryptocurrency market in Turkey. By cooperating with the local Blockchain Platform Blockchain Turkey Platform (BCTR), MXC Global started to build a sustainable blockchain ecological sharing platform.
BCTR was established on the initiative of the Turkish Informatics Foundation (TBV). Its members include AKBank, one of the largest banks in Turkey, Beilbim, a Turkish electronic money and payment services company, as well as MXC Global, a cryptocurrency trading platform.
It reflects the truth that MXC Global values the Turkish cryptocurrency market and cryptocurrencies in the field of electronic payments. Obviously, Turkey’s cryptocurrency market is of great significance to MXC Global’s expansion of the global market.
It can be informed by Turkey’s geographical location and local cryptocurrency trading volume.
Turkey has a population of about 82 million. It spans Europe and Asia. It connects with Georgia , Armenia and Iran in the east, borders the Black Sea in the north, the Mediterranean Sea in the south, and the Aegean Sea in the west. It is an important commercial hub connecting Europe and Asia. Its location plays a role.
Additionally, Turkey is one of the countries with the largest number of cryptocurrencies in the world after the United States, Japan and South Korea. According to a survey by Ing Bank, 18% of people in Turkey say they own cryptocurrency, which is much higher than the European average, 9%.
Coinhills data shows that as of July 17, the trading volume of Turkish fiat currency, Lira to Bitcoin was approximately USD 49.13 million, next to that of the USD, JYP and EUR.
Çağla Gül Şenkardeş, MenaPay CEO once said in an interview: “Traders now have the option to deposit with fiat currencies directly to their accounts on MXC Global by MenaPay QR code, bank transfer or credit card options easily in seconds. We will continue investing the technology to improve the integrated payment solution and expanding their services to other sectors as well.”
2. MXC Global Attracts Cryptocurrency Traders Through a Multi-Dimensional Compliance Operation Strategy
Nowadays, not only cryptocurrency exchanges are actively expanding global cryptocurrency payment channels, but also traditional electronic payment and business platforms are optimistic about the cryptocurrency payment method.
Payment giant PayPal, one of the first companies in the world to support Bitcoin payments, plans to launch a business of selling cryptocurrencies directly to its users and a built-in wallet feature for storing cryptocurrencies earlier this month. The new function is scheduled to be launched within three months at the latest.
Rakuten, a Japanese e-commerce giant who announced that it would release cryptocurrencies in 2018, had acquired Everybody’s Bitcoin, a Japanese cryptocurrency exchange, for USD 2.4 million. It also lays out the full range of cryptocurrency applications in the field of electronic payments.
In December 2019, Rakuten announced that it supports customers to convert Rakuten Group Super Points into top market cap coins, including Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH). In February, Rakuten declared that it would further support customers in cryptocurrency trading after a business restructuring.
With the popularity of cryptocurrencies in the world, more and more e-commerce platforms have to adapt to the current market demand, open cryptocurrency payment methods to meet customers’ needs.
MXC Global, a cryptocurrency trading platform, can further expand the cryptocurrency compliance trading market by cooperating with MenaPay, an electronic payment platform, and promote the application of cryptocurrencies in practical scenarios.
Apart from MenaPay, MXC Global has also partnered with Banxa, a payment processing platform in Southeast Asia, and Simplex, a European compliant payment company who supports trading in AUD, USD, GBP, EUR etc. Thus, users can use Visa and Master cards to purchase major coins such as BTC and ETH.
MXC Global has become an emerging cryptocurrency trading platform after two and a half years’ globally regulated operations. The trading volume accounts for 5% of the global market. Its users come from a diverse background, coving language areas of English, Russian, Korean, Portuguese, Turkish, Vietnamese, Hindi, Malay, India, Africa and so on.
Since 2019, MXC Global has successively obtained legal licenses of MTR in Estonian, MSB in the U.S, AUSTRAC in Australian, MSB in Canadian and VQF in Swiss. It is currently one of the global exchanges that have the most multi-country operating licenses. It can provide services under the guidance of local regulatory authorities.
MXC Global not only actively seeks registration of legal licenses globally, but also partners with well-known electronic payment companies. It carries out multi-angle global compliance operations to expand cryptocurrency traders.
submitted by Block_Topia to MXCexchange [link] [comments]

Online gambling legislation and regulation. Starting your own gambling product.

Online gambling legislation and regulation. Starting your own gambling product.

Mobile gambling
If you plan to develop an app with the ability to deposit and withdraw real money, then such a product automatically falls into the category of gambling and you will need to license your business for successful operation.
Mobile and Web Based Apps
So let’s talk about the different kinds of online gambling apps available on web and mobile. We’ll be covering both free-play gaming apps and real money casino app games you can find for iOS, Android devices and web browsers.
Mobile gambling is more common for poker, casino, bingo, and skill games. They have advantages in terms of a low barrier to enter the market, instant liquidity, product knowledge, and marketing expertise, minimal infrastructure costs, and the ability to bring a brand to the market quickly. Consequently, this form of gambling does not sit neatly with jurisdictional boundaries. Multiple gambling opportunities are available, including betting on various events and markets, in a relatively simple format. Gambling products can also be integrated into betting on television shows or virtual racing and sports games as well as offering lotteries, bingo, poker and casino games.
Most Popular Gambling Apps
Sports betting, casino, poker and lotteries are the most popular forms of online gambling. However, other forms are available too. These include the following: Bingo, slot machines, different card games, roulette and other game of chance. One of the best things about online gambling and betting apps is the number of choices you have.

Sports Betting

Betting means making or accepting a bet on the outcome of a race, competition, or other event or process, the likelihood of anything occurring or not occurring, or whether anything is or is not true. Today most sports betting is done via mobile-friendly sites and apps.
Today most sports betting is done via mobile-friendly sites and apps.
The introduction of live betting for sports like soccer and tennis means that bettors who are sitting inside stadiums watching games can now pick up their mobile devices and find real-time betting value with the best sports gambling apps. This has really unlocked a door to the future of sports gambling and the popularity of online gambling apps.

Poker

Many sites offer free poker, where no real money is wagered, although in some cases players can accumulate credits that can be exchanged for prizes. This is the case why people are going to play for real money. There is an ongoing debate over whether poker should be classified as a game of chance or skill. The parameters of legal poker playing are still unclear and differ between jurisdictions. Since you are not gambling with money, I’m pretty sure under the law it’s just a video game for now.

Blackjack

Blackjack is the game of choice to many high-rollers and do you know why? Because blackjack is a challenging, logic and skill-based game where your thinking, strategy, and calculations determine the outcome of the game.

Bingo

Bingo is one of the most popular and socially accepted games in the world. Bingo is a traditional form of gambling that has seen considerable innovation in recent years. It is also the only form of gambling recognized in the Gambling Act that does not have a specific statutory definition, the Act providing simply that “bingo” means “any version of that game, irrespective of by what name it is described”. Bingo must be played as an equal chance game. For game to be classed as “bingo” it must meet the Act’s definition of “equal chance gaming” (as opposed to casino gaming). Thus, it: must not involve playing or staking against a bank, and must be a game in which the chances are equally favorable to all participants in the sense that each ticket or chance has the same probability of success as any other.
Licensed bingo is a well-regulated and socially responsible form of gambling that takes place in a safe environment. Many sites offer multiple forms of bingo with different features, types of games, and costs of play. These sites often cater specifically for women and some research suggests that they may appeal to markets who would not typically engage in traditional forms of gambling.

Slots

Slot machine is one of the most beloved game among the gambling community and it has been a part of the industry for a long time. They provide fun and entertainment and their simplicity allows gamers to start playing at once. This can play out in different ways depending on the machine you’re playing. For instance, there’s Pick a Fortune, a five-reel, 20 line game that puts players right in the studio of a television game show, including the potential to play a Deal or No Deal-style bonus round. A super trend over the past few years is mobile-friendly slot games. These apps and websites were developed to enable players to enjoy their favorite games on their smartphones at any time. Another dominant slot trend is licensed branded slots that are based on popular movies, television, and musicians.
Virtual Money vs Real Money
Let’s find out the difference between social gambling and real money gambling, as well as the differences between gambling through apps and gambling through a web browser. It can be quite confusing trawling through all the casinos, slots, and lotteries available, both through your mobile web browser as well as through mobile app stores, in the form of downloadable apps.

Virtual money

The main difference between virtual money and real money gambling is that the in-game virtual currency in social games and gambling-type games is used only like credits that are not paid out as winnings or anything given to player in cash, making these games exempt from gambling regulations.
Virtual money is loaded on user game accounts via in-app purchases in mobile applications or the game balance funding from a card via web based applications.

Real money gambling

Real money gambling via your mobile device is only allowed in countries where laws have been passed that allow for this type of gambling online, or there are no laws in place that prevent it. The payment systems are the legal way of services payment in the gambling app, performing as the intermediary between the gambling facility and the client. With their help, users replenish deposits and withdraw funds to personal accounts in financial institutions. If the application uses the payment system of a well-known brand, that gives players additional confidence in the resource. Nowadays, there is a wide range of payment systems, some of which operate all over the world, other systems are oriented towards the citizens of one or several countries. A number of services accept money of different world currencies, while others allow currency transactions of one state only.
What is an Online Gambling Licensing
The internet has a global audience, there’s no single piece of legislation that covers the legality of online gambling for the entire world. Mobile gambling doesn’t typically accept customers from every single country in the world. It often focuses on certain specific regions.
Instead, most countries have their own local laws that deal with the relevant legal and regulatory issues.
Ultimately, questions of legality all go back to the location of the casino or where the website operates out of. In closed regulatory systems, such as Italy, France, and the Netherlands, licenses, and advertising rights are limited to domestic providers, which must be located within their country’s geographical boundaries and these are only permitted to offer some types of products. Some jurisdictions, for example, Norway, Sweden, and Canada legalize and regulate online gambling, but this is limited to a single site that is owned by the government. Under such an approach, the government becomes the operator and regulator and all revenues are returned to the government.
Remote gambling is generally permitted. That means that an operator that is licensed may provide gambling services to citizens in the country via all forms of remote communication (and using equipment that may be located in the country or abroad). Equally, a remote operator may be licensed to offer gambling services to citizens in any jurisdiction in the world using equipment located in the country. The law provides that, for each type of gambling (betting, gaming, and participating in a lottery), there will be two forms of license available: remote and non-remote forms (land-based). If you provide facilities for remote gambling, online or through other means, and advertise to consumers you will need a license from the licensing jurisdictions or local licensing authorities. Before an online gambling site signs up its first customer, before it accepts its first bet before the first card is dealt, it must be licensed by a recognized governmental entity.
Certain regions in the world have specific legislation in place that allows them to license and regulate companies that operate online gambling sites or provide industry services (such as the supply of gaming software). These regions are referred to as online gambling jurisdictions or licensing jurisdictions.
Depending on what type of entertainment you are going to implement in your internet establishment, you will have to apply for the corresponding permissions. Online gambling laws in Europe vary from one country to the next. The industry is well regulated in some countries and less so in others. There are several online gambling jurisdictions located in Europe. Some of these are members of the European Union (EU), and thus subject to the various rules and regulations of that body, while others are independent. Each of these jurisdictions has an authority that’s responsible for approving gambling sites for licenses that enable them to offer their services legally. They also regulate their licensees.
Countries that Provide Gambling Licensing
Today there are lots of licensing jurisdictions located all over the world and offering different terms for their customers. Depending on the country, licenses can be local, international (distributed in several countries), have a different set of documents for registration, costs of registration and further support, various operating conditions and other special details.

Which gambling license is both internationally recognized?

The government of Ireland offers casino operators, software, and service providers in the gambling industry, with a gambling license that allows gambling operators to conduct business related to casino, lotto, and other gaming-related activities. Ireland Gambling License is one of the most popular license for online casinos worldwide. Ireland has long been recognized as one of the preferred locations for Online Gambling operators to base their operations. This success has been due to a combination of factors, such as a progressive legislative system, political stability, first-rate telecommunications facilities, and a well established financial services industry. A wide range of gambling sites operates out of Ireland including sports betting, casino sites, poker, bingo, and more.
In stark contrast, the UK is the largest regulated market for online gambling in the world, and corporations are already comfortable exploiting the intersections of gambling and gaming, betting in-play, social gaming, Bitcoin, financial trading and spread betting, betting exchanges, e-sports and, most profitably, mobile gambling. 40% and 60% of online gambling in the UK took place in Gibraltar.

International licensing

Europe is home to the following online gambling jurisdictions: Alderney, Gibraltar, Isle of Man, Malta. Malta is currently the country that is most accommodating to gambling companies, and the license offers whitelisted online gambling in sports and casino games in many European territories. But takes an extreme amount of time in paperwork and background checks. Also, you pay 5% of all your gross profit to the EU.
Among countries offering gambling licensing services, the attention should be paid to Curaçao jurisdiction, which is considered to be one of the most promising for the online gaming business.
Curaçao Internet Gaming Association (also known as Curaçao eGaming) is both a regulator and a licensor, and its licensing works worldwide except Curaçao itself, USA, France and Netherlands. Using Curacao as an example, let us examine in detail the process of obtaining a license, the necessary documents and expenses.
How to get a License on Curaçao
  • Documents necessary for company registration:
  • criminal record;
  • passport scans;
  • bank account confirmation;
  • documents proving payments for utility services.
After the company is registered, an operator can apply for the license providing the following documents:
  • a document certifying the right of domain possession;
  • description of games planned to be used in the project;
  • a list indicating countries of potential operation;
  • illustration of server locations to be used in the project;
  • a copy of the agreement with a software provider.
Gambling license cost:
  • Bank account opening $1000
  • Company registration $3600
  • Company management per year $3600
  • Application processing fee $1000
  • License fee per year $4800
  • Equipment/software fee starting from $1500
  • Server maintenance per year $6000
Apart from that pay for technical support and maintenance every year. The entire license issuing process takes between 2-4 weeks. Curacao Internet Gaming Association (CIGA) also has the power to review a license and, if it finds that an operator has breached a license condition, has the power to impose a range of sanctions including revocation of the license.
Apple and Google Gambling Rules
You’ll be surprised at the limited number of real money gambling app options available on the AppStore and Google Play Store. Most real money casino gaming is done through gambler’s mobile web browsers and not through mobile gambling apps that you’ll find for iPhone and Android phones. Apple allows online gambling applications in a few forms, and not just in places where it is explicitly permitted. They do not allow any payments through the applications – those have to be done on the websites. Apple has far stricter developer guidelines for iOS apps than Google does for Android apps, so it’s fine to assume that whatever you choose to download from iTunes is usually safe, secure, and meets a certain standard.
Any real money casino in the iTunes app is required to have proper licensing and permissions before Apple will approve the app for use or downloads. While Google Play is technically regulated, it is much more loose in what can be hosted.

Apple Store

Gambling, gaming, and lotteries can be tricky to manage and tend to be one of the most-regulated offerings on the App Store. Apple has rules for apps that support real money wagering, including sports betting and poker. Those apps and lotteries must have necessary licensing and permissions in the locations where the App is used, must be geo-restricted to those locations, and must be free on the App Store, and Apple rate even simulated gambling apps as appropriate only for users 17-years-old and up.

Play Store

Google keeps the reigns tight. To be able to successfully upload apps to the Google Play store, developers need to have a valid license for the specific countries they are targeting and comply with their regulations. The app must be free to download and must prevent under-age users from gambling in the app. As a final precaution, all gambling apps are required to display prominent information regarding responsible gambling practices. This brings its policy in line with the Apple App Store.
Countries where gambling is illegal
It is also important to remember that while gambling is growing rapidly in many places, in others it is totally or partially prohibited. As well as in the majority of the US, sports betting is illegal in India, Pakistan, and China, three of the largest gambling markets in the world. Most countries have rules against gambling. Almost all Islamic countries prohibit gambling of every kind, but many turn a blind eye to online gambling or simply do not have regulations in place for this grey area.
In the United Arab Emirates, however, any kind of gambling is prosecuted. National lotteries are the only legal forms of wagering on the Asian country’s mainland. Cambodia, North Korea strictly forbids online and offline gambling amongst its own citizens but allows tourists to participate in these activities.
Qatar is the strictest country of all when it comes to gambling laws. All forms of gambling activities are considered illegal, and even sports betting is not permissible.
Starting your own gambling product
Numerous online casino platforms in the market offer fantastic casino games like bingo, poker, roulette, and many more.
If you have an idea, but don’t know where to start, we advise you begin with a Minimal Viable Product (MVP) to pilot your proof of concept for investors. MVP spotlights your core features and lets your investors know there are bigger and better things to come.
For MVP you do not need a large team, just a few people are enough to create a fully functioning prototype. In the case of successful numbers of your prototype, the further development of a full-fledged product will require more team, resources and time, however you will be sure that your development and your costs will pay off.
submitted by Fgfactory_ua to gamedev [link] [comments]

How to dive deep into political theory and philosophy: The Bread List

This is a curated collection of (largely) contemporary thinkers, books and video content aimed as a reference for questions like -
"What should I read next?", "Who should I follow?" or "What are the best resources for [certain political topic]?"
The core list comes from Noam Chomsky, and the books and people he's cited or praised. But the list has significantly expanded since then. Feel free to comment about any good books or channels you think should be on this list.
BreadTube discord here: https://discord.gg/ynn9rHE
Journalists
Start off with:
Adam H Johnson - Propaganda Model, Media Critique at FAIR
Nathan J Robinson - Journalist, Current Affairs
Glenn Greenwald- Journalist, Privacy, US imperialism. The Intercept
Also Great
Owen Jones- UK Journalist
Naomi Klein- Journalist, neoliberalism, globalization.
George Monbiot- Journalist, environmentalist.
Amy Goodman- Journalist Democracy Now
Alex Press - Journalist and Founder, Jacobin
Alexander Cockburn - Journalist
Chris Hedges- Journalist.
P Sainath- Journalist, India specialist
Whistleblowing:
Daniel Ellsberg- Vietnam, Released Pentagon Papers.
Edward Snowden
Chelsea Manning
Julian Assange
US History and Foreign Policy
Start off with:
Noam Chomsky - Everything
Howard Zinn- Historian
Laura Poitras - Documentary maker
Also Great
Eqbal Ahmad, - US imperialism
Michelle Alexander, US prison system
William Blum- Former State Dept. Agent, Historian, US imperialism
Jean Bricmont- “The Belgian Chomsky” – US imperialism, geopolitics,
Roxanne Dunbar-Ortiz - US History
Thomas Ferguson- US elections specialist.
Ian Haney Lopez- Racism, US politics.
Deepa Kumar- US imperialism, Islamophobia.
Andrew Bacevich - U.S. foreign policy, historian
Economics
Start off with:
Thomas Piketty - inequality
Ha-Joon Chang - institutional economist, specialising in development economics:
Joseph Stiglitz - Former World Bank Chief Economist
Amartya Sen- Third world development and Inequality, Nobel Prize Winner
Yanis Varoufakis
Richard Wolff- Marxism
Dean Baker
Also Great
Michael Albert
John Bellamy Foster
Richard Wilkinson- inequality
William Krehm - Labour
Stephanie Kelton - Modern Monetary Theory
Historians
Start off with:
Thomas Frank - historian, American politics
Howard Zinn- "People's" Historian
Raul Hilberg - The Leading Authority on the Holocaust
Phillip Mirowski - History of economics
Eric Hobsbawm - historian, Marxist
Also Great
Gar Aleprovitz, - world war 2, co-operatives.
Alex Carey - Laid the foundation for Manufacturing Consent
Nancy Maclean - US South, Labor, Race
Mark Curtis
Mike Davis- Globalization, Historian.
Gerald Horne- Historian, black liberation.
Gabriel Kolko- Historian. World War 2.
Morris Berman - historian, American social critic
Israel/Palestine
Start off with:
Norman Finkelstein- Israel specialist.
Avi Shlaim - Israel
Also Great
Amira Hass- Journalist, Israel specialist.
Illan Pappe- Israel specialist
James Petras- Israel and Latin America specialist.
Greg Philo- Media criticism, Israel.
Media Criticism
Start off with:
Edward Herman- Media criticism.
Robert McChesney- media criticism.
Edward Said- sociology, Islamophobia, Israel, media criticism
Also Great
Ben Bagdikian, - media criticism.
Keane Bhatt- Media Criticism, Latin America.
Oliver Boyd-Barrett- Media Criticism
Sut Jhally- sociology, film-maker
James Curran- Media Criticism
Alan MacLeod - Media Criticism, Venezuela
Anarchism/Socialism/Political Theory
Start off with:
David Graeber- historian, anarchism, Occupy Wall Street, anthropology.
Joel Bakan, - writer of “The Corporation”, seminal book on corporations.
Cornel West- sociology
Tariq Ali, “The British Chomsky”- everything from globalization to history to politics.
Murray Bookchin - Anarchism
Also Great
Angela Davis- Feminism, Marxism, black liberation.
Peter Gelderloos - anarchism
Uri Gordon - anarchism, Israel/Palestine
Harry Cleaver - Marxism, economics
Michel Bauwens - P2P, political economy
James C. Scott - anarchism, anthropology
Michael Heinrich - Marxism, political science
Specialists
Stephen Cohen- Russia specialist.
Bruce Cummings- Korea Specialist.
Aviva Chomsky – Immigration, Latin America.
Eduardo Galeano- Poet, Author, Latin American specialist.
Fawaz Gerges - Middle East specialist.
Andrej Grubacic- Yugoslavia specialist.
Flynt and Hillary Leverett- Iran specialists.
William I. Robinson- globalization, neoliberalism, Latin America specialist
Lars Schoultz- Latin America specialist
Sanho Tree- drugs, Colombia specialist
Nick Turse - Africa
Mark Weisbrot- economics, Latin America
Kevin Young- media criticism, Latin America
Raj Patel- Food
Vijay Prashad- globalization, third world development
Thomas Szasz- Criticism of psychiatry
Alfie Kohn- Education.
Daniel Kovalik - Human rights
Paulo Freire- Education.
Henry Giroux- Education
Greg Grandin - Historian, Latin America
Dave Zirin- sports
Gabor Maté- Education, drugs, psychiatry.
Kate Bronfenbrenner - Labour and Unions
Loic Wacquant - sociology, neoliberalism
Bernard Harcourt - surveillance, penal law
Eric Toussaint - political science, debt
The best arguments for major mainstream political positions:
Fascism and Neo-Conservatism
On Dictatorship and The Concept of The Political Carl Schmitt
Note:
Some have argued that neoconservativism has been influenced by Schmitt Most notably the legal opinions offered by Alberto Gonzales, John Yoo et al. by invoking the unitary executive theory to justify highly controversial policies in the war on terror—such as introducing unlawful combatant status which purportedly would eliminate protection by the Geneva Conventions torture, NSA electronic surveillance program—mimic his writings.Professor David Luban said in 2011 that "[a] Lexis search reveals five law review references to Schmitt between 1980 and 1990; 114 between 1990 and 2000; and 420 since 2000, with almost twice as many in the last five years as the previous five"
Realpolitik
World Order, by Henry Kissinger
Liberalism/Social Democracy
A Theory of Justice, by John Rawls
Right-Wing Libertarianism
Anarchy, State, Utopia by Robert Nozick
Technocracy
Zero to One, by Peter Thiel
Marxism-Leninism
Left-Wing Communism, and Infantile Disorder by Vladimir Lenin
Recommended books:
Israel/Palestine and the Middle East:
Start off with:
The Iron Wall by Avi Shlaim
★ Gaza: An Inquest Into Its Martyrdom by Norman Finkelstein
Also Great
★ Fateful Triangle by Noam Chomsky
Israel/Palestine: How to End the War of 1948 by Tanya Reinhart
The Birth of Israel: Myths and Realities by Simha Flapan
Between the Lines: Israel, the Palestinians, and the U.S. War on Terror by Tikva Honig-Parnass
The Holocaust Industry: Norman Finkelstein
Defending the Holy Land: A Critical Analysis of Israel's Security and Foreign Policy by Zeev Maoz
Gaza: An Inquest Into Its Martyrdom by Norman Finkelstein
The New Intifada: Resisting Israel’s Apartheid by Roane Carey, Alison Weir, and others
The Battle for Justice in Palestine by Ali Abunimah
American Foreign Policy:
Start off with:
★ ★ ★ Understanding Power by Noam Chomsky
Killing Hope: U.S. Military and CIA Interventions Since World War II by William Blum
Also Great:
Defeat: Why America and Britain Lost Iraq by Jonathon Steele
A Different Kind of War: The Un Sanctions Regime in Iraq by Hans. C. Von Sponeck
Al-Qaeda: Casting a Shadow of Terror by Jason Burke
How America Gets Away with Murder: Illegal Wars, Collateral Damage and Crimes Against Humanity by Michael Mandel
The Deaths of Others: The Fate of Civilians in America's Wars by John Turnam
Talking to the Enemy: Faith, Brotherhood, and the (Un)Making of Terrorists by Scott Atran
The Politics of Heroin: CIA Complicity in the Global Drug Trade by Alfred W. McCoy
Ideal Illusions: How the U.S. Government Co-opted Human Rights by James Peck
War Stars: The Superweapon and the American Imagination by Howard Bruce Franklin
Next Time They’ll Come to Count the Dead: War and Survival in South Sudan by Nick Turse
Tomorrow's Battlefield : U.S. Proxy Wars and Secret Ops in Africa by Nick Turse
The Violent American Century: War and Terror Since World War II by John Dower
Command and Control: Nuclear Weapons, the Damascus Accident, and the Illusion of Safety by Eric Schlosser
The Hungry World: America's Cold War Battle Against Poverty in Asia by Nick Cullather
Voices From the Other Side: An Oral History of Terrorism Against Cuba by Keith Bolender
The Doomsday Machine: Confessions of a Nuclear War Planner by Daniel Ellsberg
Tinderbox: U.S. Foreign Policy and the Roots of Terrorism by Stephen Zunes
One Minute to Midnight: Kennedy, Khrushchev and Castro on the Brink of Nuclear War by Michael Dobbs
Kill Chain: Drones and The Rise of the High-Tech Assassins by Andrew Cockburn
First Do No Harm: Humanitarian Intervention and the Destruction of Yugoslavia by David Gibbs
The Management of Savagery by Max Blumenthal
Media and Propaganda:
Start off with:
Manufacturing Consent by Edward Herman and Noam Chomsky
Propaganda by Edward Bernays
The Record of the Paper: How the New York Times Misreports US Foreign Policy by Richard A. Falk
Also Great:
The Real Terror Network: Terrorism in Fact and Propaganda by Edward Herman
The Politics of Genocide by Edward Herman
Taking the Risk Out of Democracy: Corporate Propaganda versus Freedom and Liberty by Alex Carey
American History and Culture:
Start off with:
★ A People's History of the United States by Howard Zinn
Also Great:
Political Repression in Modern America: FROM 1870 TO 1976 by Robert Justin Goldstein
No is Not Enough: Resisting Trump's Shock Politics and Winning the World We Need by Naomi Klein
The Industrial Worker, 1840-1860: The Reaction of American Industrial Society to the Advance of the Industrial Revolution by Norman Ware
Voices of a People's History of the United States by Anthony Arnove and Howard Zinn
Violent Politics: A History of Insurgency, Terrorism, and Guerrilla War, from the American Revolution to Iraq by William R. Polk
★ With Liberty and Justice for Some: How the Law is Used to Destroy Equality and Protect the Powerful by Glenn Greenwald
Strangers in Their Own Land: Anger and Mourning on the American Right by Arlie Russell Hochschild
The Half Has Never Been Told: Slavery and the Making of American Capitalism by Edward Baptist
The New Jim Crow by Michelle Alexander
Slavery by Another Name: The Re-Enslavement of Black Americans from the Civil War to World War II by Douglas A. Blackmon
Inferno: The World at War, 1939-1945 by Max Hastings
The Politics of War: Allied Diplomacy and the World Crisis of 1943-1945 by Gabriel Kolko Labor History:
The Fall of the House of Labor by David Montgomery
Selling Free Enterprise: The Business Assault on Labor and Liberalism, 1945-60 by Elizabeth A. Fones-Wolf
The Market Revolution: Jacksonian America, 1815-1846 by Charles Grier Sellers
Sociopathic Society: A People’s Sociology of the United States by Charles Derber
On the Rojava Experiment:
Revolution in Rojava
Struggles for Autonomy in Kurdistan
A Small Key Can Open a Large Door
Rojava: An Alternative to Imperialism, Nationalism, and Islamism in the Middle East
Coming Down the Mountains
To Dare Imagining: Rojava Revolution
★ Ocalan’s Prison Writings
Anarchism, Socialism, Philosophy, and Science:
Start off with:
Government In The Future(Talk) by Noam Chomsky
Homage to Catalonia by George Orwell
On Anarchism by Mikhail Bakunin
The Limits of State Action by Wilhelm von Humboldt
Also Great
Progress Without People: In Defense of Luddism by David F. Noble
Granny Made Me an Anarchist: General Franco, The Angry Brigade and Me by Stuart Christie
Fashionable Nonsense: Postmodern Intellectuals' Abuse of Science by Alan Sokal
Beyond the Hoax: Science, Philosophy and Culture by Alan Sokal
A Theory of Power by Jeff Vail
Workers' Councils by Anton Pannekoek
The State: Its Origin and Function by William Paul
On Anarchism by Noam Chomsky
The Anarchist Collectives: Workers' Self-Management in the Spanish Revolution 1936-39 by Sam Dolgoff
Anarchism by Daniel Guerin
The Ancestors Tale by Richard Dawkins
Demon Haunted World by Carl Sagan
Memory and the Computational Brain: Why Cognitive Science WIll Transform Neuroscience by Randy Gallistel and Adam Philip King
Vision: A Computational Investigation Into the Human Representation and Processing of Visual Information by David Marr
Economics:
Start off with:
★ ★ Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism by Ha-Joon Chang
★ Making Globalization Work by Joseph Stiglitz
Capital in the 21st Century by Thomas Piketty
Adam Smith and His Legacy for Modern Capitalism by Patricia H. Werhane
Also Great:
Democracy at Work: A Cure for Capitalism by Richard Wolff
Das Kapital by Karl Marx
Wealth of Nations by Adam Smith
Affluence and Influence: Economic Inequality and Political Power in America by Martin Gilens
America Beyond Capitalism by Gar Alperovitz
The ABCs of Political Economy: A Modern Approach by Robert Hahnel
★ ★ Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems by Thomas Ferguson
The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer by Dean Baker
Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer by Dean Baker
Unequal Democracy: The Political Economy of the New Gilded Age by Larry M. Bartels
Understanding Capitalism: Critical Analysis From Karl Marx to Amartya Sen by Douglas Down
Whose Crisis, Whose Future?: Towards a Greener, Fairer, Richer World by Susan George
Business as Usual: The Economic Crisis and the Failure of Capitalism by Paul Mattock Jr.
Greening the Global Economy by Robert Pollin
Capitalism: A Ghost Story by Arundhati Roy
Political Economy and Laissez Faire by Rajani Kannepalli Kanth
The Great Transformation: The Political and Economic Origins of Our Time by Karl Polanyi
Miscellaneous:
★ Discipline and Punish, by Michel Foucault
Chasing the Scream: The First and Last Days of the War on Drugs by Johann Hari
Controlling the Dangerous Classes by Randall G. Shelden
Pedagogy of the Opressed by Paulo Freire
The Verso Book of Dissent: From Spartacus to the Shoe-Thrower of Baghdad by Andrew Hsiao
Don't Mourn, Balkanize!: Essays After Yugoslavia by Andrej Grubačić
★ Field Notes on Democracy: Listening to Grasshoppers by Arundhati Roy
Voices from the Plain of Jars: Life under an Air War by Fred Branfman
We by Yevgeny Zamyatin
In Praise of Barbarians by Mike Davis
Damming the Flood by Peter Hallward
Hope and Folly: The United States and UNESCO, 1945-1985 by Edward Herman and Herbert Schiller
Fanshen: A Documentary of Revolution in a Chinese Village by William Hinton
The Egyptians: A Radical Story by Jack Shenker
Welcome to the Revolution: Universalizing Resistance for Social Justice and Democracy in Perilous Times by Charles Derber
Sociopathic Society: A People’s Sociology of the United States by Charles Derber
The Black Jacobins by C.L.R. James
Dark Money by Jane Meyers
King Leopold's Ghost by Adam Hochschild
Recommended YouTubers/Creators/Channels(with a linked video to get you started):
Political
Contrapoints | America: Still Racist
★ Philosophy Tube | The Philosophy of Antifa
Existential Comics
★ ★ Chomsky’s Philosophy | Bakunin's Predictions
HBomber Guy | Soy Boys: A Measured Response
Shaun | How Privatisation Fails: Railways
Badmouse Productions | Argument ad Venezuelum
Three Arrows | Who is actually at fault for the refugee crisis?
Gravesend Films (with Norman Finkelstein) | The Idea Of Utopia
The Intercept | Greenwald and Risen debate Russiagate
Non Political
Lindsay Ellis - Film Criticism | The Ideology of the First Order
The Great War - History | The Run For The Baku Oil Fields
History Civilis - History | The Constitution Of The Spartans
Numberphile - Mathematics | Perplexing Paperclips
Computerphile - Technology | The Bitcoin Power Problem
Vihart - Mathematics | Hexaflexagons
3Blue1Brown - Mathematics | How Cryptocurrencies Work
PBS SpaceTime - Astronomy, Physics | The Blackhole Information Paradox
Will Schoder - Video Essays | The Problem with Irony and Postmodernism
Assorted Documentaries to get you started:
Manufacturing Consent - The seminal work on how the population is controlled in democratic societies
★ ★ Citizenfour - Edward Snowden, Glenn Greenwald and Laura Poitras in a Hong Kong Room.
★ ★ Risk - A deep look at Wikileaks - from the inside the embassy.
The Murder of Fred Hampton - How the FBI brazenly assassinated an American citizen without any warrant or due process
Weiner - An incredible look at how political campaigns function from the inside.
The Corporation - What are corporations?
The Shock Doctrine - Lectures by Naomi Klein, news-reel footage and analysis to explain the connection between politics and economics.
Hypernormalization - Explains not only why chaotic events happen - but also why we, and politicians, cannot understand them.
Inside Job - A look at the cause for the financial crisis
Podcasts
Start off with:
★ ★ ★ Citations Needed
Also Great:
Intercepted
Current Affairs Podcast
Chapo Trap House
Moderate Rebels
Economic Update
Protect Yourself:
PrivacyToolsIO,
Electronic Frontier Foundation
submitted by -_-_-_-otalp-_-_-_- to BreadTube [link] [comments]

[Diplomacy] The Third Belt and Road Forum: The Caucasus

June 8th, 2021
Beijing, China
The reality is that China does not have the military power that the United States and Russia bring to the world stage, nor do we have decades of Cold War influence that have carved out spheres of influence in the forms of economic unions, alliances, and buffer zones. However, we have the greatest weapons of all on our side: time, and an artificially-devalued currency that allows us to perform what Western economists refer to as "black magic." Our system has confounded the West and its brightest minds for years, and they will continue to scratch their heads as the honorable and powerful People's Republic exercises our soft economic power to carve out our own spheres of influence across the world.
Debt is a loaded gun with a hair trigger, a time bomb with a broken clock. There is a reason moneylenders were so hated all throughout human history -- they held power over their debtors, real power. In a world that is becoming increasingly dominated by the multilateral alliance of NATO and the lone Dragon, we must build a multinational web of our own. We do not have natural allies as do the Americans and Europeans, and many around us do not trust us enough to sign onto a permanent military alliance. However, we can slowly bring the nations of the world to appreciate us through copious investments. And it is through these investments that we will make these countries dependent upon us for growth, so that they may one day repay our kindness with a favor of our own request. The greatest minds of China, including Paramount Leader Xi Jinping, Asian Infrastructure Investment Bank President Jin Liqun, and Silk Road Fund Chairwoman Jin Qi have determined that this is our path forward, and we will follow it to the glorious destiny that awaits us.
The first Belt and Road Forum of 2021 will focus on a valuable reason, one with limitless potential for growth and profit, and an important battleground in the war for global influence: the Caucasus. Turkey, Georgia, and Azerbaijan have been isolated for this round of offers, focusing on infrastructure, energy, agriculture, and more.

Turkey: The Middle Corridor

A nation seeking to increase its own global standing, the Republic of Turkey recently announced the creation of the Middle Corridor Project, an investment program seeking to increase connectivity between Europe and Asia through Anatolia and the Caucasus. Conveniently enough, the People's Republic share the same goal. While Chinese-Turkish relations are not all they once were, it is our opinion that our nations still have much to gain through cooperation in this arena. Therefore, we bring the following offers to the Republic of Turkey:
Working On the Railroad
Following the imminent integration of the Baku-Tbilisi-Kars Railway with the Edirne-Kars High Speed Railway, the Turkish-Chinese trade network -- with a total volume of over $100 billion -- will become much faster and more efficient. The vast expansion of this capacity for movement of goods will continue to open up trade avenues between Turkey and China, allowing the Turks to benefit from Chinese investment and affordable manufacturing while Chinese companies will gain access to one of the largest and fastest-growing markets and industrial bases in Europe. To further accelerate and improve this process, China is willing to offer a loan of $2 billion dollars at a 2.4% yearly interest rate for the purpose of more quickly integrating the two rail networks with the rest of the trans-Asian railways. As Chinese companies have been proven to construct a mile of high speed rail for the ludicrously low price of $30 million, this offer should invigorate the process and greatly enhance the railway's capabilities should Turkey accept.
The Nuclear Option
A major goal of the Turkish Ministry of Energy and Natural Resources throughout the 2010s has been the construction of nuclear power plants in order to increase the nation's share of energy from that source. However, a number of projects have only ended in failure, having met various roadblocks from the safety issues that led to the abandonment of the Sinop Power Plant Project and the deterioration of relations with Russia that have halted the progress on the notable Akkuyu Power Plant Project, which was originally scheduled to be built, owned, and operated by Russian parent company Rosatom. The final nuclear plant scheduled in Turkey is the İğneada Power Plant, to be supported by American company Westinghouse Electric.
The People's Republic believes that Turkey would be better off working with the expert Chinese engineers and technicians, rather than the Russians, whose vision of Turkey and willingness to help is clouded by political tension, and the Americans, whose vision of Turkey is little more than a puppet and bulwark against Islamic terrorism in the Middle East. Certainly, Turkey can do better than this. The People's Republic has recognized that Turkey's economy has incredible potential fueled by a hardworking people and a bounty of natural resources. Therefore, we offer the following proposal to the Republic of Turkey:

Georgia: On My Mind

Georgia, despite the relative prosperity in Tbilisi and other major cities, is still very much a developing country. It is heavily reliant on agriculture in many regions, and subsistence farming remains quite common throughout rural parts of the nation. The People's Republic's analysis of the country has determined that in order for it to accelerate its growth and drastically increase its standard of living, it must break the economic stranglehold that is subsistence farming, and Chinese corporations are more than willing to assist in this task. In 2019, Maya Tskitishvili, the Georgian Minister of Infrastructure and Regional Development commented that the Belt and Road Initiative would serve an essential function in growing the Georgian economy. As Georgia was one of the first nations to express interest in the initiative back in 2015, we find it fit to repay this faith in kind.
Fixing Farms
As stated, reforming agriculture through the end of subsistence farming is key to unlocking Georgia's industrial and economic potential. To this end, the Beijing Hosen Investment Management Group, along with a number of smaller Chinese agricultural investment firms, are willing to invest a total of $40 million into purchasing farms of 200 acres or less, or farms that have a projected yearly revenue of $50,000 or less, in order to consolidate them into large farms. These farms will employ at least 80% of their workers as Georgian nationals, while Chinese workers may be immigrated into the country to pick up the remaining jobs that will be created -- a notion that Georgia has previously explored with South African, Armenian, and Arabian nationals. Agriculture is generally associated with economies of scale, meaning that larger farms are more productive and more cost-efficient, so neighboring farms that can be combined into singular large enterprises will have a higher priority for purchase and investment. Furthermore, for larger-scale, Georgian-owned agricultural projects, the People's Republic is willing to offer various loans to Georgian companies. A total of $250 million will be made available at a flat yearly interest rate of 3% for the lease of Chinese-manufactured farming equipment from WeiFang Guanghui Agriculture Mechanism, Shandong Yingsheng Machinery Company, and the Qingdao Iaoshan Tractor Factory.
The governments and cooperations of China and Georgia will cooperate to ensure that Georgian farmers who sell their farms will be able to find jobs in the newly-consolidated agricultural conglomerates to ease fears of unemployment. Furthermore, our economists (as well as Georgian economists) estimate that the jobs created by the elimination of subsistence farming will more than compensate for those lost during the transition.
Bit by Boring Bit
Interestingly, a growing career path in the nation of Georgia is full-time Bitcoin mining, as well as other forms of cryptocurrency. It is becoming quite common for young Georgians to take advantage of powerful Soviet-era electricity grids and the abundance of electricity in the region to mine vast quantities of cryptocurrency, making Georgia one of the leading countries in the crypto market. We believe that we can use this to our advantage. Chinese investment banks, notably the Agricultural Bank of China, will purchase a number of cryptomines and put them to work for the People's Republic, subsidizing part of the electricity cost in exchange for a portion of the profits and a foot in the door of the vast Caucasian energy industry, which will be developed more later.

Azerbaijan: The Middle Child

At the Second International Belt and Road Forum in 2019, Azerbaijani President Ilham Aliyev indicated his country's express interest in taking part of the project to expand its infrastructure and trade opportunities. With the increasing importance of the BTK railway, we see it fit to secure our interests in the Azerbaijani economy so that both our countries may profit. We wish to extend an offer of a loan of $8 billion with an interest rate of 3.2% to Azerbaijan to be used in expanding the Baku International Sea Trade Port, which currently handles 15 million tons of cargo, to handle 25 million tons of cargo by 2028. We would also like to explore the possibility of increased Chinese presence in the Caspian through investments in Caspian Sea natural gas, and the China Petroleum & Chemical Corporation is willing to invest $2.4 billion for the construction of two natural gas drilling facilities in the Bahar offshore oil and gas field in the southern Caspian. These natural gas facilities will employ at least 80% of its labor force as Azerbaijani workers, and up to 49% of shares in the facilities will be made available for sale to non-Chinese investors. There are an estimated 25×109 m3 of natural gas in the Bahar fields alone, and the fields currently produce around 130 billion m3, making them a valuable resource that should yield consistent production and profit well into the future.

The Fourth Belt and Road Forum

The People's Republic is open for business. In the wake of the COVID-19 outbreak that scarred many economies around the world, we want our fellow nations to know that China is willing and able to invest in them to ensure a better future for both our peoples. Currently, China is targeting the Middle East for the next round of investments, but the People's Republic promises that any nation which requests loans will be considered.
submitted by also_pike to Geosim [link] [comments]

How to dive deep into political theory and philosophy: The Big List

This is a list of (largely) contemporary thinkers, books and video content aimed as a reference for questions like -
"What should I read next?", "Who should I follow?" or "What are the best resources for [certain political topic]?"
The core list comes from Chomsky, and the books and people he's cited or praised. But the list has significantly expanded since then. Feel free to comment about any good books or channels you think should be on this list.
Chomsky discord server:
https://discord.gg/ynn9rHE
Journalists
Start off with:
Adam H Johnson - Propaganda Model, Media Critique at FAIR
Nathan J Robinson - Journalist, Current Affairs
Glenn Greenwald- Journalist, Privacy, US imperialism. The Intercept
Also Great
Owen Jones- UK Journalist
Naomi Klein- Journalist, neoliberalism, globalization.
George Monbiot- Journalist, environmentalist.
Amy Goodman- Journalist Democracy Now
Alex Press - Journalist and Founder, Jacobin
Alexander Cockburn - Journalist
Chris Hedges- Journalist.
P Sainath- Journalist, India specialist
Whistleblowing:
Daniel Ellsberg- Vietnam, Released Pentagon Papers.
Edward Snowden
Chelsea Manning
Julian Assange
US History and Foreign Policy
Start off with:
Noam Chomsky - Everything
Howard Zinn- Historian
Laura Poitras - Documentary maker
Also Great
Eqbal Ahmad, - US imperialism
Michelle Alexander, US prison system
William Blum- Former State Dept. Agent, Historian, US imperialism
Jean Bricmont- “The Belgian Chomsky” – US imperialism, geopolitics,
Roxanne Dunbar-Ortiz - US History
Thomas Ferguson- US elections specialist.
Ian Haney Lopez- Racism, US politics.
Deepa Kumar- US imperialism, Islamophobia.
Andrew Bacevich - U.S. foreign policy, historian
Economics
Start off with:
Thomas Piketty - inequality
Ha-Joon Chang - institutional economist, specialising in development economics:
Joseph Stiglitz - Former World Bank Chief Economist
Amartya Sen- Third world development and Inequality, Nobel Prize Winner
Yanis Varoufakis
Richard Wolff- Marxism
Dean Baker
Also Great
Michael Albert
John Bellamy Foster
Richard Wilkinson- inequality
William Krehm - Labour
Stephanie Kelton - Modern Monetary Theory
Historians
Start off with:
Thomas Frank - historian, American politics
Howard Zinn- "People's" Historian
Raul Hilberg - The Leading Authority on the Holocaust
Phillip Mirowski - History of economics
Eric Hobsbawm - historian, Marxist
Also Great
Gar Aleprovitz, - world war 2, co-operatives.
Alex Carey - Laid the foundation for Manufacturing Consent
Nancy Maclean - US South, Labor, Race
Mark Curtis
Mike Davis- Globalization, Historian.
Gerald Horne- Historian, black liberation.
Gabriel Kolko- Historian. World War 2.
Morris Berman - historian, American social critic
Israel/Palestine
Start off with:
Norman Finkelstein- Israel specialist.
Avi Shlaim - Israel
Also Great
Amira Hass- Journalist, Israel specialist.
Illan Pappe- Israel specialist
James Petras- Israel and Latin America specialist.
Greg Philo- Media criticism, Israel.
Media Criticism
Start off with:
Edward Herman- Media criticism.
Robert McChesney- media criticism.
Edward Said- sociology, Islamophobia, Israel, media criticism
Also Great
Ben Bagdikian, - media criticism.
Keane Bhatt- Media Criticism, Latin America.
Oliver Boyd-Barrett- Media Criticism
Sut Jhally- sociology, film-maker
James Curran- Media Criticism
Alan MacLeod - Media Criticism, Venezuela
Anarchism/Socialism/Political Theory
Start off with:
David Graeber- historian, anarchism, Occupy Wall Street, anthropology.
Joel Bakan, - writer of “The Corporation”, seminal book on corporations.
Cornel West- sociology
Tariq Ali, “The British Chomsky”- everything from globalization to history to politics.
Murray Bookchin - Anarchism
Also Great
Angela Davis- Feminism, Marxism, black liberation.
Peter Gelderloos - anarchism
Uri Gordon - anarchism, Israel/Palestine
Harry Cleaver - Marxism, economics
Michel Bauwens - P2P, political economy
James C. Scott - anarchism, anthropology
Michael Heinrich - Marxism, political science
Specialists
Stephen Cohen- Russia specialist.
Bruce Cummings- Korea Specialist.
Aviva Chomsky – Immigration, Latin America.
Eduardo Galeano- Poet, Author, Latin American specialist.
Fawaz Gerges - Middle East specialist.
Andrej Grubacic- Yugoslavia specialist.
Flynt and Hillary Leverett- Iran specialists.
William I. Robinson- globalization, neoliberalism, Latin America specialist
Lars Schoultz- Latin America specialist
Sanho Tree- drugs, Colombia specialist
Nick Turse - Africa
Mark Weisbrot- economics, Latin America
Kevin Young- media criticism, Latin America
Raj Patel- Food
Vijay Prashad- globalization, third world development
Thomas Szasz- Criticism of psychiatry
Alfie Kohn- Education.
Daniel Kovalik - Human rights
Paulo Freire- Education.
Henry Giroux- Education
Greg Grandin - Historian, Latin America
Dave Zirin- sports
Gabor Maté- Education, drugs, psychiatry.
Kate Bronfenbrenner - Labour and Unions
Loic Wacquant - sociology, neoliberalism
Bernard Harcourt - surveillance, penal law
Eric Toussaint - political science, debt
The best arguments for major mainstream political positions:
Fascism and Neo-Conservatism
On Dictatorship and The Concept of The Political Carl Schmitt
Note:
Some have argued that neoconservativism has been influenced by Schmitt Most notably the legal opinions offered by Alberto Gonzales, John Yoo et al. by invoking the unitary executive theory to justify highly controversial policies in the war on terror—such as introducing unlawful combatant status which purportedly would eliminate protection by the Geneva Conventions torture, NSA electronic surveillance program—mimic his writings.Professor David Luban said in 2011 that "[a] Lexis search reveals five law review references to Schmitt between 1980 and 1990; 114 between 1990 and 2000; and 420 since 2000, with almost twice as many in the last five years as the previous five"
Realpolitik
World Order, by Henry Kissinger
Liberalism/Social Democracy
A Theory of Justice, by John Rawls
Right-Wing Libertarianism
Anarchy, State, Utopia by Robert Nozick
Technocracy
Zero to One, by Peter Thiel
Marxism-Leninism
Left-Wing Communism, and Infantile Disorder by Vladimir Lenin
Recommended books:
Israel/Palestine and the Middle East:
Start off with:
The Iron Wall by Avi Shlaim
★ Gaza: An Inquest Into Its Martyrdom by Norman Finkelstein
Also Great
★ Fateful Triangle by Noam Chomsky
Israel/Palestine: How to End the War of 1948 by Tanya Reinhart
The Birth of Israel: Myths and Realities by Simha Flapan
Between the Lines: Israel, the Palestinians, and the U.S. War on Terror by Tikva Honig-Parnass
The Holocaust Industry: Norman Finkelstein
Defending the Holy Land: A Critical Analysis of Israel's Security and Foreign Policy by Zeev Maoz
Gaza: An Inquest Into Its Martyrdom by Norman Finkelstein
The New Intifada: Resisting Israel’s Apartheid by Roane Carey, Alison Weir, and others
The Battle for Justice in Palestine by Ali Abunimah
American Foreign Policy:
Start off with:
★ ★ ★ Understanding Power by Noam Chomsky
Killing Hope: U.S. Military and CIA Interventions Since World War II by William Blum
Also Great:
Defeat: Why America and Britain Lost Iraq by Jonathon Steele
A Different Kind of War: The Un Sanctions Regime in Iraq by Hans. C. Von Sponeck
Al-Qaeda: Casting a Shadow of Terror by Jason Burke
How America Gets Away with Murder: Illegal Wars, Collateral Damage and Crimes Against Humanity by Michael Mandel
The Deaths of Others: The Fate of Civilians in America's Wars by John Turnam
Talking to the Enemy: Faith, Brotherhood, and the (Un)Making of Terrorists by Scott Atran
The Politics of Heroin: CIA Complicity in the Global Drug Trade by Alfred W. McCoy
Ideal Illusions: How the U.S. Government Co-opted Human Rights by James Peck
War Stars: The Superweapon and the American Imagination by Howard Bruce Franklin
Next Time They’ll Come to Count the Dead: War and Survival in South Sudan by Nick Turse
Tomorrow's Battlefield : U.S. Proxy Wars and Secret Ops in Africa by Nick Turse
The Violent American Century: War and Terror Since World War II by John Dower
Command and Control: Nuclear Weapons, the Damascus Accident, and the Illusion of Safety by Eric Schlosser
The Hungry World: America's Cold War Battle Against Poverty in Asia by Nick Cullather
Voices From the Other Side: An Oral History of Terrorism Against Cuba by Keith Bolender
The Doomsday Machine: Confessions of a Nuclear War Planner by Daniel Ellsberg
Tinderbox: U.S. Foreign Policy and the Roots of Terrorism by Stephen Zunes
One Minute to Midnight: Kennedy, Khrushchev and Castro on the Brink of Nuclear War by Michael Dobbs
Kill Chain: Drones and The Rise of the High-Tech Assassins by Andrew Cockburn
First Do No Harm: Humanitarian Intervention and the Destruction of Yugoslavia by David Gibbs
The Management of Savagery by Max Blumenthal
Media and Propaganda:
Start off with:
Manufacturing Consent by Edward Herman and Noam Chomsky
Propaganda by Edward Bernays
The Record of the Paper: How the New York Times Misreports US Foreign Policy by Richard A. Falk
Also Great:
The Real Terror Network: Terrorism in Fact and Propaganda by Edward Herman
The Politics of Genocide by Edward Herman
Taking the Risk Out of Democracy: Corporate Propaganda versus Freedom and Liberty by Alex Carey
American History and Culture:
Start off with:
★ A People's History of the United States by Howard Zinn
Also Great:
Political Repression in Modern America: FROM 1870 TO 1976 by Robert Justin Goldstein
No is Not Enough: Resisting Trump's Shock Politics and Winning the World We Need by Naomi Klein
The Industrial Worker, 1840-1860: The Reaction of American Industrial Society to the Advance of the Industrial Revolution by Norman Ware
Voices of a People's History of the United States by Anthony Arnove and Howard Zinn
Violent Politics: A History of Insurgency, Terrorism, and Guerrilla War, from the American Revolution to Iraq by William R. Polk
★ With Liberty and Justice for Some: How the Law is Used to Destroy Equality and Protect the Powerful by Glenn Greenwald
Strangers in Their Own Land: Anger and Mourning on the American Right by Arlie Russell Hochschild
The Half Has Never Been Told: Slavery and the Making of American Capitalism by Edward Baptist
The New Jim Crow by Michelle Alexander
Slavery by Another Name: The Re-Enslavement of Black Americans from the Civil War to World War II by Douglas A. Blackmon
Inferno: The World at War, 1939-1945 by Max Hastings
The Politics of War: Allied Diplomacy and the World Crisis of 1943-1945 by Gabriel Kolko Labor History:
The Fall of the House of Labor by David Montgomery
Selling Free Enterprise: The Business Assault on Labor and Liberalism, 1945-60 by Elizabeth A. Fones-Wolf
The Market Revolution: Jacksonian America, 1815-1846 by Charles Grier Sellers
Sociopathic Society: A People’s Sociology of the United States by Charles Derber
On the Rojava Experiment:
Revolution in Rojava
Struggles for Autonomy in Kurdistan
A Small Key Can Open a Large Door
Rojava: An Alternative to Imperialism, Nationalism, and Islamism in the Middle East
Coming Down the Mountains
To Dare Imagining: Rojava Revolution
★ Ocalan’s Prison Writings
Anarchism, Socialism, Philosophy, and Science:
Start off with:
Government In The Future(Talk) by Noam Chomsky
Homage to Catalonia by George Orwell
On Anarchism by Mikhail Bakunin
The Limits of State Action by Wilhelm von Humboldt
Also Great
Progress Without People: In Defense of Luddism by David F. Noble
Granny Made Me an Anarchist: General Franco, The Angry Brigade and Me by Stuart Christie
Fashionable Nonsense: Postmodern Intellectuals' Abuse of Science by Alan Sokal
Beyond the Hoax: Science, Philosophy and Culture by Alan Sokal
A Theory of Power by Jeff Vail
Workers' Councils by Anton Pannekoek
The State: Its Origin and Function by William Paul
On Anarchism by Noam Chomsky
The Anarchist Collectives: Workers' Self-Management in the Spanish Revolution 1936-39 by Sam Dolgoff
Anarchism by Daniel Guerin
The Ancestors Tale by Richard Dawkins
Demon Haunted World by Carl Sagan
Memory and the Computational Brain: Why Cognitive Science WIll Transform Neuroscience by Randy Gallistel and Adam Philip King
Vision: A Computational Investigation Into the Human Representation and Processing of Visual Information by David Marr
Economics:
Start off with:
★ ★ Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism by Ha-Joon Chang
★ Making Globalization Work by Joseph Stiglitz
Capital in the 21st Century by Thomas Piketty
Adam Smith and His Legacy for Modern Capitalism by Patricia H. Werhane
Also Great:
Democracy at Work: A Cure for Capitalism by Richard Wolff
Das Kapital by Karl Marx
Wealth of Nations by Adam Smith
Affluence and Influence: Economic Inequality and Political Power in America by Martin Gilens
America Beyond Capitalism by Gar Alperovitz
The ABCs of Political Economy: A Modern Approach by Robert Hahnel
★ ★ Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems by Thomas Ferguson
The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer by Dean Baker
Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer by Dean Baker
Unequal Democracy: The Political Economy of the New Gilded Age by Larry M. Bartels
Understanding Capitalism: Critical Analysis From Karl Marx to Amartya Sen by Douglas Down
Whose Crisis, Whose Future?: Towards a Greener, Fairer, Richer World by Susan George
Business as Usual: The Economic Crisis and the Failure of Capitalism by Paul Mattock Jr.
Greening the Global Economy by Robert Pollin
Capitalism: A Ghost Story by Arundhati Roy
Political Economy and Laissez Faire by Rajani Kannepalli Kanth
The Great Transformation: The Political and Economic Origins of Our Time by Karl Polanyi
Miscellaneous:
★ Discipline and Punish, by Michel Foucault
Chasing the Scream: The First and Last Days of the War on Drugs by Johann Hari
Controlling the Dangerous Classes by Randall G. Shelden
Pedagogy of the Opressed by Paulo Freire
The Verso Book of Dissent: From Spartacus to the Shoe-Thrower of Baghdad by Andrew Hsiao
Don't Mourn, Balkanize!: Essays After Yugoslavia by Andrej Grubačić
★ Field Notes on Democracy: Listening to Grasshoppers by Arundhati Roy
Voices from the Plain of Jars: Life under an Air War by Fred Branfman
We by Yevgeny Zamyatin
In Praise of Barbarians by Mike Davis
Damming the Flood by Peter Hallward
Hope and Folly: The United States and UNESCO, 1945-1985 by Edward Herman and Herbert Schiller
Fanshen: A Documentary of Revolution in a Chinese Village by William Hinton
The Egyptians: A Radical Story by Jack Shenker
Welcome to the Revolution: Universalizing Resistance for Social Justice and Democracy in Perilous Times by Charles Derber
Sociopathic Society: A People’s Sociology of the United States by Charles Derber
The Black Jacobins by C.L.R. James
Dark Money by Jane Meyers
King Leopold's Ghost by Adam Hochschild
Recommended YouTubers/Creators/Channels(with a linked video to get you started):
Political
Contrapoints | America: Still Racist
★ Philosophy Tube | The Philosophy of Antifa
Existential Comics
★ ★ Chomsky’s Philosophy | Bakunin's Predictions
HBomber Guy | Soy Boys: A Measured Response
Shaun | How Privatisation Fails: Railways
Badmouse Productions | Argument ad Venezuelum
Three Arrows | Who is actually at fault for the refugee crisis?
Gravesend Films (with Norman Finkelstein) | The Idea Of Utopia
The Intercept | Greenwald and Risen debate Russiagate
Non Political
Lindsay Ellis - Film Criticism | The Ideology of the First Order
The Great War - History | The Run For The Baku Oil Fields
History Civilis - History | The Constitution Of The Spartans
Numberphile - Mathematics | Perplexing Paperclips
Computerphile - Technology | The Bitcoin Power Problem
Vihart - Mathematics | Hexaflexagons
3Blue1Brown - Mathematics | How Cryptocurrencies Work
PBS SpaceTime - Astronomy, Physics | The Blackhole Information Paradox
Will Schoder - Video Essays | The Problem with Irony and Postmodernism
Assorted Documentaries to get you started:
Manufacturing Consent - The seminal work on how the population is controlled in democratic societies
★ ★ Citizenfour - Edward Snowden, Glenn Greenwald and Laura Poitras in a Hong Kong Room.
★ ★ Risk - A deep look at Wikileaks - from the inside the embassy.
The Murder of Fred Hampton - How the FBI brazenly assassinated an American citizen without any warrant or due process
Weiner - An incredible look at how political campaigns function from the inside.
The Corporation - What are corporations?
The Shock Doctrine - Lectures by Naomi Klein, news-reel footage and analysis to explain the connection between politics and economics.
Hypernormalization - Explains not only why chaotic events happen - but also why we, and politicians, cannot understand them.
Inside Job - A look at the cause for the financial crisis
Podcasts
Start off with:
★ ★ ★ Citations Needed
Also Great:
Intercepted
Current Affairs Podcast
Chapo Trap House
Moderate Rebels
Economic Update
Protect Yourself:
PrivacyToolsIO,
Electronic Frontier Foundation
submitted by -_-_-_-otalp-_-_-_- to chomsky [link] [comments]

DOC3 - More Facts and Questions (Part 3)

DOC3 Part 2


Paris Climate Deal

(Whoever was involved wanted to at least appear to want world temperatures to decrease soon: Me, Ob, Ma, Xi, P etc. Trump cancelled it because he does not want world temperatures to decrease soon. He knows the world is burning and is a smart man, so logically, he must want these apocalyptic conditions to continue and even worsen. No country except China is on track.)

Q: Why does Trump and those around him explicitly oppose the logical plan to decrease global temperatures, stop the melting of the ice caps and the devastation being caused?
Q: Why do other leaders who appear to want world temperatres to decrease make decisions that do the opposite?

Iran nuclear Deal

(Whoever was involved wanted Iran to become more powerful on world stage: Merkel, Obama, Macron, Xi, P etc. Trump cancelled it because he does not want Iran - Home of Shia Islam - to become more powerful on the world stage.)

Catholicism

New Pope is decided democratically each time a Pope dies. It is possible to infiltrate.
Last Pope was ex-Nazi Death Camp Soldier, who was involved in the Holocaust.

Eton

Is the best private school in the UK. It was established in 1440 by Henry VI and is situated approximately 1,000 metres from Windsor Castle, home to the Royal family.
The Queen Mother, was known to drop by often.
The Provost of Eton School during Boris Johnson's time, was the ex-Private Secretary of The Queen.

Countries

Chechnya
Dominated by a specific religion

Afghanistan
Dominated by a specific religion

Uzbekstan
Domination by a specific religion

Turkey
Dominated by a specific religion

Albania
Dominated by a specific religion

Kosovo
Formed in the aftermath of the war in former-Yugoslavia
Bill Clinton instrmental in forming international coalition that stopped the bloodshed and saved many lives, incluuding the poplation which now inhabit Kosovo.
Population dominatin by a specific religion.

OTHER NOTEWORTHY THINGS

Stocks

Stock markets are at all time highs despite multiple threats to economic stability including war with Iran, trade war with China, Climate change and natural disastors, Brexit, populist protests in HK, France etc.

currencies

Traditional Fiat currencies

Western currencies are now worth a fraction of their previous value compared to years past, for example, when USA Dollar was pegged to Gold e.g. 1 dollar was worth 1 oUNce of gold. This is due to decisions by previous Western leaders / central banks to UNpeg their crrencies from gold, plus recent activities like quantitative easing i.e. when central banks just printed more money. They've been constantly dilting the value and legitimacy of their currency and borrowing huge sums on top of that increasing national debt. This will all rebalance at some point and when it does a dollar will be next to worthless.

Bitcoin

Bitcoin is a new, unregulated form of currency popular with the criminal nderworld as the beneficial owners cannot be traced. It's creator is unknown. It is a digital currency which relies on the availability of internet access and electricity. you cannot withdraw it physicallyu as you can with cash. Bitcoin spiked hard previously drawing in many inexperienced speculators, who lost a lot of money. Its price has come down significantly since then. The Bitcoin price is known and followed worldwide by millions. If bitcoin owners forget their accoUNt's numeric key, they can never access their fnds again. Bitcoin numeric accoUNt keys can be guessed if a powerful enough computer is used e.g. quantum compter is used. Bitcoin can be slow to access and withdraw money, The speed is related to Usage; more users making transactions, slower it goes. Many people now consider Bitcoin a way to diversify in times of trouble in a similar way to gold, as there are a finite number of bitcoins.

Gold

In recent years countries have been repatriating their gold reserves i.e. bringing that physical gold back to their own country. Some countries have been buying gold in recent years; Russia, Germany, Lebanon and some have been selling; UK notably sold the majority of UK's gold reserves at rock bottom prices in the early 2000s.

Rare Earth Minerals

In recent years countries have been seeking to become self-reliant on certain rare earth minerals which are crucial for indstry including USA, EU etc.

When stock markets and western currencies crash, many will rush to bitcoin for 'safety'.

Corbyn kept in power - who voted for him? how many? and why? clear he'd never be voted into power.


HISTORICAL TIMELINE



1914
Assassination of one man leads to the start of the first world war in which several European nations and America come together to kill each other. Millions of predominantly Christians are left dead. The fighting extends to modern day Turkey and beyond.

1919
World War 1 ends.

1920 (one hundred years ago)
UK and France takes over administration of Palestine, going back on their word to hand over control of Palestine to a now-defnct emirate ally. [Get name of ally, pls treaty name and date]

A meeting of Islamic leaders takes place [Get mroe info]


1924 Sharif of Mecca, HUSAUN, fights brief war with Ibn Saud's Wahhabis and Kingdom of Sa'ud is established.


1930s

The Great Depression

The Nazi party is created and Adolf Hitler placed at the apex of this organisation. It pushes an odious, white-spremacist, anti-semetic doctrine. Using all manner of subversion, intimidation, violence, disinformation and propaganda, they scale German politics in the wake of economic hardship brought about by the great depression and scape-goat Jews for Germany's problems.

Adolf Hitler democratically elected to power in Germany amidst backdrop of economic hardship and begins to cause great consternation in the capitals of Europe.

UK and France have signed defence pact with Poland to come to their aid in the event of an invasion.

Neville Chamberlain, UK's then Prime Minister, is wary of UK's relative weakness compared to Germany and takes an appeasement line to buy more time. Returns from meeting Adolf Hitler in Berlin. He says he has reached agreement with them. “Peace in our time”.

Adolf Hitler invades Poland.

UK and France go to war with Germany 1939.

Neville Chamberlain resigns as PM.

Winston Churchill elected PM.

Millions of European Jews are systematically rounded up and murdered.

Winston Churchill finally manages to bring Americans into war.

Sauds support the allies and create strong and deep ties with the Americans.

Winston Churchill avoids assassination attempt when nexpectedly called to attend secret allies meeting in North Africa.

1945 - Allies win war.

1949 - State of Israel created from British Administered Palestine and Jews Return from across the world.

Commonwealth commnities brought to rebuild Britain, inclsing some from a particularly devout region of Pakistan. [When? Who?]
submitted by A-Non-Profit to conspiracy_commons [link] [comments]

Cryptocurrencies Vs Sanctions: The Battle Of The New Decade

Cryptocurrencies Vs Sanctions: The Battle Of The New Decade
In January, US President Donald Trump called for tougher economic sanctions against Iran amid a worsening conflict between the two countries. Pressure from America has been affecting the economy of former Persia for over 40 years, starting with the Islamic Revolution in 1979. But it seems that in 2020, the Iranians found a way to reduce the impact of many restrictions. In late January, journalists from the Arab international publication Asharq Al-Awsat told the world about Iran’s new bitcoin strategy, whose main goal is to circumvent international sanctions. At the same time, not only Iran, but also a number of other states are interested in the opportunity to deal with economic restrictions using digital money. Why do cryptocurrencies see salvation from sanctions? What role will CBDC play in this? And how do regulators imposing economic sanctions respond to the new movement?

https://preview.redd.it/2m36sp6cpvf41.jpg?width=1480&format=pjpg&auto=webp&s=afb1b82de1514cda1ebc7acfcbb5c34f0b3d93d7

Iran and US example

Sanctions imposed on countries may differ in terms of severity and scope, but they are united by one thing — they negatively affect the local economy to a greater or lesser extent. Therefore, it is quite reasonable that many would like to get rid of them. Moreover, some countries, such as Iran, experience them very painfully. According to Asharq Al-Awsat reporters, only in the last two years, under the influence of US sanctions, the Iranian economy has dipped by 10–20%.
The example of Iran today is not just the most relevant. It also perfectly illustrates the severity of the sanctions and how cryptocurrencies help get around them. Under US restrictions, no American companies (including banks) are allowed to do business with Iranian partners. This actually cuts off Iran’s trade force, because the country is losing the ability to enter into profitable agreements with many of the world’s largest corporations. This situation is especially critical given how much Iran could earn from the US oil trade (just take a look at the UAE).
The second most important economic burden weighing on the shoulders of the Iranians is the ban on the use of dollars and disconnection from the international SWIFT system. For domestic transactions, such a restriction is useless and hits the state in about the same way as against a wall of peas. However, it seriously complicates foreign trade, because any Iranian international company is forced to rely on alternative currencies. This applies to absolutely all transactions with foreign companies, the vast majority of which use the dollar when conducting international business. Only a small part relies on the euro and even more so it is unlikely that any of the large companies will want to conduct transactions using the weak and unstable Iranian rial.
Naturally, pressure on Iran’s foreign policy negatively affects its internal state. In such a situation, bitcoin for the country becomes a kind of messiah, because it can be used to circumvent legal barriers and conduct international trade outside the traditional banking system. A good example: using bitcoin, you can conclude deals with foreign companies, including American ones (behind the scenes), and sell them the same oil.
Bitcoin is used not only by governments, but also ordinary citizens. Cryptocurrency for them is almost the only opportunity to send a transfer abroad and save money with high inflation and devaluation of the national currency.
At the same time, the Iranians consider Bitcoin not only as a payment instrument, but also as a source of income. We are talking about banal mining, which unfolded on a large scale amid cheap Iranian electricity and the constant devaluation of the rial.
Asharq Al-Awsat cites 2019 data:
• Last year, 1,650 Iranians using bitcoin were interviewed. • It turned out that 25% of them earn on cryptocurrencies from $ 500 to $ 3000 per month, including mining.
Initially, the idea of ​​mining was not particularly liked by the government, which prefers to punish the locals for the abuse of cheap electricity. However, in August 2019, mining in the country was recognized as a legal sector of the economy. Since then, regulators have issued more than a thousand licenses for the legal mining of bitcoins to local entrepreneurs. At the same time, today, the Iranian authorities themselves produce cryptocurrency and use the received coins to finance the state and carry out trade transactions in circumvention of sanctions.

Cryptocurrencies as a salvation from sanctions

Iran’s example is far from the only one when it comes to the use of digital money with the goal of circumventing sanctions in one way or another. For instance:
• At the end of 2018, the Venezuelan government launched its own digital coin, Petro. Technically, this is just another ERC20 token based on Ethereum. But in practice it is a tool for concluding international transactions bypassing sanctions imposed by the American government. When launching the national cryptocurrency, President Nicolas Maduro bluntly stated that Petro would help the country “break the financial blockade.” It cannot be said that the Venezuelan initiative has succeeded at the international level, however, the very idea is a “wake-up call” for world sanctions. • In November 2019, the BRICS countries (Brazil, Russia, India, China, South Africa) expressed interest in creating a single cryptocurrency for trade settlements between the members of the union. This is a certain analogue of SWIFT, the main purpose of which is to protect itself from sanctions in order to avoid situations, as in Iran. A similar question is especially acute for China, which is waging a trade war with the United States and runs the risk of running into serious economic measures on the part of Washington, as well as for Russia, which is under growing pressure from world regulators. • Two months ago, US law enforcement authorities arrested Ethereum developer Virgil Griffith for aiding the DPRK authorities in circumventing sanctions. The FBI claims that Griffith attended a local blockchain conference and talked about options for using cryptocurrencies for illegal international payments. First and foremost, US authorities fear that North Koreans will use knowledge to fund a nuclear weapons program. • A few days ago, the popular Blockchain.com crypto wallet (formerly Blockchain.info) added the ability to quickly convert the Turkish lira to BTC and vice versa. Turks are interested in diversifying their savings, since the national currency is experiencing serious problems and today it is estimated at only 20% of its value in 2008. In many ways, for its problems, the lyre should “thank” the American sanctions imposed on Turkey for its role in the situation with Syria. And even if they were canceled in October, the US Senate in December called on Trump to apply new economic restrictions in response to the fact that Turkey is a member of NATO and does not shy away from purchases of Russian defense systems. Amid these problems, foreign banks are gradually ceasing their activities in the country, exacerbating the unenviable position of the Turks. Meanwhile, already a quarter of citizens are actively using bitcoins and are thus protected from the consequences of sanctions. In an attempt to save the economy, the Turkish government is seriously considering the use of national digital currencies.
It is interesting that with the help of cryptocurrencies it is possible to bypass not only international, but also internal corporate sanctions in almost any country in the world. We are talking about the most common state prohibitions on any product or service. The fact is that in almost all countries of the world such restrictions imply a legal backdoor for ordinary citizens, because the criminal liability applies only to service providers, but not to consumers.
Let us illustrate with the example of Norway. The government has officially banned the gambling sector. Under the law, almost everything that remotely resembles gambling rates is prohibited. Nevertheless, the growing number of new online casinos suggests that the ban does not work. Why is that? Because local gaming platforms are managed anonymously, use advanced security measures and implement a cryptocurrency payment system. As a result, the authorities, purely technically unable to track the owners and close illegal sites. But most importantly, the Norwegians are calmly betting on digital money, without fear of the wrath of regulators and any legal consequences. Just because the law says that the consumer is not to blame.

Is this good or bad

All of the above looms in a rather controversial picture:
• On the one hand, crypto enthusiasts around the world should be proud that the blockchain technology has turned out to be so powerful and effective that entire countries consider cryptocurrencies as a way to repulse sanctions. In this way, states can gain long-awaited freedom and pursue the policy that they consider necessary. • On the other hand, sanctions are imposed for a reason. For some countries, this is salvation, but for others, problems. In today’s economy and politics, sanctions play an important role. In this aspect, the States see cryptocurrencies as a threat to national security, so every year they tighten the screws on crypto projects more tightly and tighten the noose around the neck of the cryptocurrency exchange.
Forbes blockchain expert Jason Brett, a former representative of the American Federal Deposit Insurance Corporation (FDIC), believes that the American authorities are confused and urgently need help from the crypto industry. Talented blockchain specialists could help develop economic sanctions that are effective in the world of cryptocurrencies. But until then, the expert believes, the policy of Americans regarding digital money will remain quite aggressive, and in their attempts to curb technology they will restrain its growth.
submitted by affilcoin to u/affilcoin [link] [comments]

The Next Recession May be Brutal: That’s a Net Positive for Gold and Bitcoin

Prominent gold bull Peter Schiff predicts that the next recession will be brutal, and owning gold or Bitcoin will be a net positive.
The US economy is more robust than it has ever been. With a roaring stock market and decent consumer spending, talk of recession is minimal. However, certain aspects of this growth are cause for investors like Schiff to raise the alarm:
“Today’s revisions to Q3 GDP confirm the U.S. economy is a bubble. GDP ‘growth’ is driven completely by excess consumer and government spending, as the real economy contracts. But such spending is a function of debt, much of which can’t be repaid. The coming bust will be brutal!”
With the S&P 500 pushing record high after record high, stock market traders are as bullish as ever. Such sentiment could make the next crash particularly devastating. In the 2008 financial crash, stocks in a hallmark Wall Street firm, Bear Stearns, went from over $100 to $2 within a week. Investing in stocks can be great, but when it rains, it pours.
Accurately predicting the next recession is often a hit-and-miss game even for the top analysts. Even those who predicted the financial crisis of 2008 couldn’t pinpoint with precision when it would begin. Regardless, this does not discredit anyone who tells investors to be cautious. The issues Schiff raises are pertinent to the macro-economic stability of the American and global economies.
Even those who make the right predictions about an upcoming recession have no respite if they do nothing about it. Building a defensive portfolio is one way to absorb such shocks. In recent decades, gold has distinguished itself as the premier safe-haven asset.

Gold Prices During a Recession

Gold has historically performed well during times of financial uncertainty. Naturally, recessions are the extreme end of such turmoil, meaning that gold prices should peak. In the aftermath of the 2008 financial crisis, gold prices rose dramatically and peaked in 2011 at the height of quantitative easing measures from major central banks.
If a brutal crisis such as Schiff predicts could happen comes to pass, gold prices should ease past the $2,000 mark. Gold has millennia of reputation and scarcity that makes it the perfect safe-haven asset in such a crisis. Therefore, investors see it as a valuable asset to hedge against recessions. If you are already in one, it can provide cover against further negative slides. This stability is why investors like Schiff advise that traders have anywhere between 10–30% weighting in gold. Whether split between physical gold and mining equities, gold-backed ETFs, or any other arrangement, gold has a track record of weathering the storm.

Bitcoin as a Store of Value Asset

Using the phrase ‘store of value’ for Bitcoin may sound like an oxymoron. After all, Bitcoin and cryptocurrencies are notorious for volatility in their few years of existence. In the 2018 calendar year, Bitcoin went from about $18,000 down to about $3,400 only to rebound to over $10,000 by mid-2019.
However, one trait gives Bitcoin a silver lining: decentralization. Bitcoin is a decentralized, pseudonymous network that is independent of central bank control. Accordingly, Bitcoin has the eye of many investors who seek to diversify their holdings.
So far, there is little evidence as to whether Bitcoin will trade like a safe-haven asset during a full-blown crisis. The fact that Bitcoin does not have a direct correlation to the mainstream is what drives interest. Bitcoin prices are purely market-driven as no one controls supply like regular fiat.
Therefore, some speculate that in the event of a financial crisis, investors will flock to Bitcoin just like gold. Recent history suggests that temporary Bitcoin investors hold the coin for speculative purposes rather than a store of value. Will this change soon?
It could be that investors allocate money to risky assets when they feel comfortable about investing generally. Therefore, there is a distinct possibility that investors could shy away from Bitcoin during times of economic turbulence.
What will transpire during an actual recession is difficult to predict. Bitcoin may have insulation from mainstream stocks, but bearish sentiment can affect investor sentiment either way. You can have a situation where investors hedge Bitcoin more or avoid high-risk assets in general. It will take time before Bitcoin has the stability and reputation of gold.
The maturity of crypto markets between now and when an actual recession hits is also a factor. Bitcoin can be a viable alternative to gold, but a lot of stars have to align.

Gold’s Edge

Based on current economic and policy trends, gold is in the perfect position to have a net positive from a recession. Incredibly, even with the S&P 500 and other stock market indices up by a lot, gold has had a strong bull run in 2019.
The macro-economic factors that have fueled gold prices include geopolitical tensions and low interest rates. All through 2020, these factors will still loom large.
Gold enjoys a stability that Bitcoin holders can only dream of. Even in the rare event that an institution or person dumps a significant amount of gold in the market, the net price effect will not be as drastic as with other assets.
Demand for gold is only getting stronger with the resilience it is showing. Central banks in emerging and struggling economies are adding rapidly to their gold holdings to hedge against currency slides. Accordingly, the likes of Russia, China, Kazakhstan, and Turkey have added significantly to their gold reserves in recent years.
Part of this demand stems from an effort to reduce reliance on the U.S. dollar as a reserve currency. Russia and China are dealing with sanctions and a trade war, respectively, while many developing countries have stuttering currencies. Gold provides a useful alternative to store value for such countries.
Additionally, Islamic countries like Iran, Malaysia, Turkey, and Qatar are considering a gold barter system among themselves to hedge against future economic sanctions. Iran continues to bear the brunt of punitive sanctions while Qatar almost experienced an economic shutdown after a Saudi orchestrated blockade in 2018. The deliberations began after an economic summit led by Malaysian PM Mahathir Mohamed from the 18th to the 21st of December 2019.
Therefore, gold enjoys a universal credibility that Bitcoin and crypto can only dream about. When looking to store value or hedge against a stock crash, gold is still the premier asset to hold.

Gold to Surge in the Coming Decade

Many analysts see the tremendous upside of holding gold now. Paul Schatz, Heritage Capital president, recently touched on this sentiment in comments to Yahoo Finance:
“I think gold’s going to $2,500, $3,000 an ounce in the 2020s because the climate — the landscape for gold is so hugely supportive.”
Investors see the value of using bullion as a hedge. Even though gold cannot replace government bonds entirely in portfolio diversification, the case for reallocating a portion of normal bond exposure to gold is as strong as ever.
Bullion has had a steady decade of growth through the 2010s. It has performed better than most assets, save for outliers like cryptocurrencies. Stocks have rallied in the past decade, but a combination of high debt levels and low interest rates places the value of fiat at a precarious place. These factors have allowed gold to maintain solid prices even through periods of relative economic prosperity.
For those who distrust fiat and central bank management of fiat, hedging gold is a no-brainer. Having at least 10% gold in your portfolio is a decent approach to start the next decade. Investing in bullion, gold mining equity, or gold-backed ETFs provides useful diversification to your portfolio. With digital gold-backed tokens now available in the market, you don’t need to worry about the hassle of storing and transporting the gold. Either way, investing in gold now puts you in a great position entering the new decade.
submitted by y0ujin to NovemGold [link] [comments]

Want to know why so many young people are buying Bitcoin?

Why has Bitcoin septupled in only half a year? Because if it works as promised, it's decentralized and free of the meddling of any government, especially our own government. Notice the financiers all hate it. JP Morgan CEO Jamie Dimon called it a "fraud," and all of the media repeated it. Bitcoin's value skyrocketed after that.
It's because the entire corporate media was unanimous about invading Iraq even though it was based on a lie. That can't be understated - the government knowing and willingly lied to everyone. It wasn't a "strategical blunder." Thousands of Americans died, millions of Iraqis dead, leaving it wide open to the worst extremist groups imaginable. Hundreds of thousands of Iraqi children are being born with defects because of the leftovers of our weapons. No prosecutions, no arrests, no one is punished, nothing changes. We're still at war with even more countries now, and we would be at war with more if not for the protests of citizens.
It's because we now know that Saudi Arabia was involved in 9/11, and because the US govt flew out Saudi royalty right after the attacks, and because that country is our "ally" even though they finance Islamic terrorism and have horrendous human rights records. While we're having our own Crucible going on about sexual harassment, Saudi Arabia which treats woman like second class citizens is just okie dokie with us.
http://www.cnn.com/2016/09/09/politics/house-9-11-sue-saudi-arabia/
It's because financial institutions and banks, who receive billions of taxpayer dollars from the Fed for free and then get to turn around and loan it out to people at interest before inflation has devalued one cent of it, while we are trillions in debt, who deliberately defrauded MILLIONS of hardworking people out of their pensions, got slapped with fines the equivalent of a traffic fine compared to how much money they make. No prosecutions, nothing happened, nothing changed, and now members of the government during that time are right back working for Wall Street as consultants. While savings accounts pay less than 1% annual return.
It's because corporations who enjoy record profits have all the power pay hardly anything in taxes and stash all their profits overseas, while the life of the average working American gets shittier and shittier.
It's because grads with student loans were preyed upon with high interest loans because the government let them, and because public university raised their tuition to extortionate higts because the government let them, and sold a bill of goods about how everyone needs a college education only to enter the worst job market in generations with debt so high just to get a B.A. you'd think they just finished medical school. and its one of the only if not the only types of debts that wont go away with declaring bankruptcy, interestingly enough.
It's because while the GOP is trying to push through a tax bill that's going to cheat even more Americans out of their wealth, including teachers deducting classroom supplies that they have to buy themselves because public budgets already dont pay for it, all the "liberal" media can talk about is some BS conspiracy theory about Russia that is shown again and again to be completely baseless, and polls have shown that only 6% of Americans consider it a top priority, yet thats all you see on the news every single day.
It's because our government of our so-called free country decided that they can decide what substances people can put in their bodies, and therefore created the largest gulag state known to man, where we imprison more people per capita than any other country in the world - more than China, more than Russia, more than North Korea - with 4.4% of the world's population we imprison 22% of the world's prisoners. Nearly one out of 100 Americans are behind bars at any given time.
It's because the only politician in our lifetimes that actually seems like he gives a crap about people and not just money was betrayed, cheated and railroaded by our own "liberal" media and our own "liberal" political party, and those who supported him were bullied and manipulated and lied to and insulted and discredited, and are still are, and no one seems to care.
It's because we're supposed to praise the gods for having been delivered crappy, byzantine and overpriced insurance, because even though we're the wealthiest country in the world, and even though the vast majority of voters want single-payer, both political parties have infinite numbers of reasons and excuses of why we can never have that.
yeah...go bitcoin...
submitted by panjialang to Bitcoin [link] [comments]

Investor takes out $127,000 loan to buy cryptocurrency, loses 85 per cent

Investor takes out $127,000 loan to buy cryptocurrency, loses 85 per cent
A 32-YEAR-OLD has revealed his eye-watering $3000-a-month “lesson” after making a seriously poor financial decision.
AN UNFORTUNATE investor who took out a six-figure loan to purchase cryptocurrencies that have since lost 85 per cent of their value says he hopes his story can be a “lesson” to others.
Reddit user Cryptohomie, who identified himself as a 32-year-old living in Abu Dhabi, posted a photo of his brutal repayment schedule to the Cryptocurrency subreddit on Monday.
The document from Emirates Islamic Bank shows monthly repayments of 8194 dirham ($3067) until December 14, 2021. The original loan is listed as 338,000 dirham ($126,500) with a total outstanding amount of 393,296.80 dirham ($147,200) including interest.
“Here is my bank instalment related to the loan I took to invest in crypto,” the user wrote. “Still three-and-a-half years to go until I’m freed. Until then, I’m working for nothing and I’m at 85 per cent loss. I hope it gives you a lesson.”
He said he bought Neo, Stellar, Litecoin, Ethereum “and some shitcoins that lost 95 per cent of their value already”.
For context, Neo has lost about 90 per cent of its value since peaking in January, Stellar is down about 75 per cent, Litecoin is down about 85 per cent and Ethereum is down about 80 per cent.
The price of bitcoin has fallen by around 70 per cent since topping $US20,000 late last year to around $US6000 at the time of writing.
In the same period, the total market capitalisation of more than 1800 cryptocurrencies tracked by Coinmarketcap has fallen from $US800 billion to under $US200 billion.
The Reddit user said he was “now mostly into” Neo, Ontology, Elastos, Stellar and HPB. The user explained that it was a “simple loan” banks give “almost instantly in UAE”. “You can get $100,000 within few days on your account without much verification,” he said.
“I’m 32 and it was my first speculative investment. I think it’s an age where we’re still unconscious and take lot of risk if we don’t have big responsibilities like a kid or bills to pay.”
Just in case, he added that “if there is any ridiculously rich Emirati who doesn’t know what to do with his money, feel free to contact me”.
“Miracles happen sometimes!”
Reddit users were part amused and part sympathetic. “I don’t think there’s anything we can say that you don’t go to sleep thinking about already,” one wrote.
Another said, “So this is why we hit $US20,000.” One noted that “people complained” when the banks stopped allowing crypto purchases on credit cards but it was “because of things like this”.
“Since this last run I’ve wondered how many people did this sort of thing and how much banks have loaned out for crypto,” another said. “I imagine there have and will be quite a bit of credit/loan defaulting.
Last December, at the height of the crypto mania, a US securities regulator warned people were taking out loans to buy digital currencies.
“We’ve seen mortgages being taken out to buy bitcoin,” Joseph Borg from the Alabama Securities Commission told CNBC. “People borrow money. People do credit cards, equity lines.”
Mr Borg said the problem was “innovation and technology always outruns regulation”. “This looks like tulips from Holland back in 1643,” he said.
“That doesn’t mean there’s no real value here, it just means perhaps the value is over-inflated. This is not something a guy who’s making $100,000 a year, who’s got a mortgage and two kids in college ought to be invested in.”
Regulators around the world have repeatedly sounded warnings about investing in so-called initial coin offerings (ICOs), often used by businesses to raise funds.
In February, an analysis of ICOs from 2017 found of 531 out of 902 projects had either failed or “semi-failed” — a rate of 59 per cent. That figure is likely to increase as more ICOs are launched at the same time as retail investors grow more wary.
The vast majority of ICOs typically range from convoluted blockchain solutions in search of a use-case, to outright scams — often both. Worthless digital tokens are derisively referred to as “shitcoins”.
In March, an even more scathing report by Satis Group concluded that a whopping 81 per cent of ICOs were outright frauds, 6 per cent failed, 5 per cent went dead and just 8 per cent made it to trading.
Many of those that do end up listed on an exchange are subject to heavy manipulation.
Due to their thin trading volumes, smaller digital tokens are frequently used in “pump-and-dump” schemes, in which a small group of individuals buy and then artificially boost the price through misleading statements before cashing out.
Many ICOs rely on celebrity endorsements to generate hype. In April, the founders of Centra — an ICO promoted by boxer Floyd Mayweather and music producer DJ Khaled — were charged with fraud by the US Securities and Exchange Commission.
The Australian Securities and Investments Commission has been cracking down on ICOs under delegated power from the consumer watchdog. In May, ASIC said it was “issuing inquiries to ICO issuers and their advisers where we identify conduct or statements that may be misleading or deceptive”.
In at least one case the securities regulator has taken action “to protect investors where we identified fundamental concerns with the structure of an ICO”. “If you are acting with someone else’s money, or selling something to someone, you have obligations,” ASIC Commissioner John Price said.
“Regardless of the structure of the ICO, there is one law that will always apply — you cannot make misleading or deceptive statements about the product. This is going to be a key focus for us as this sector develops.”
submitted by Austacker to AusFinance [link] [comments]

[ECON] The Great Redemption

[M] Apologies for reposting this, but on my end the post kept disappearing for some reason, and I doubt anyone else could see it.
—————
[Central Bank of Chile](https://www.bcentral.cl/web/central-bank-of-chile/home), Augustinas 1180, Santiago de Chile

The Road to Redemption

January 9th, 2022
Following the collapse of Lehman Brothers on September 15th, 2008, the international financial fabric was torn apart into an existential crisis. Threatened by the "Great Recession", the global ruling class was forced into taking decisive action. Most Governments opted to bail out the banks, driven by their mantra of "too big to fail". Elsewhere, financial authorities and Central Banks opted to do the unthinkable by letting the market collapse.
In the wake of the global recession, a plethora of financial reforms were carried out. Some economists revisited the concept of doing away with fractional reserve banking altogether, with Iceland nearly leading the way. Most conventional politicians, meanwhile, opted to enact some of the most complex regulatory legislation in financial history, adding over eleven thousand pages to the bureaucratic burdern in the process.In the meantime, the regular "bloke on the street" had finally had enough and clamoured for change.
Today, nearly fifteen years later, "recession" has once again become the name of the game. With the European economy entering a state of contraction and German commercial banks facing imminent collapse, the global economic system is on the edge of being subjected to the worst economic crisis in recorded history. And while the Bundestag has already **recommitted itself to a bailout, others have yet to respond to the impending financial meltdown.
Although Chile and the rest of Latin America are somewhat isolated and thus shielded from the "European dumpster fire", the Government is keenly aware that the situation could quickly take a turn for the worse. As such, the Ministry of Finance and the Central Bank of Chile have decided to embark on what they call "The Great Redemption". And although financial reform is contrary to the Allende Administration's strictly interim nature of governance, the President believes that the State has an inherently entrenched obligation to protect its citizens from suffering at the hands of the financial system. "The old continent has finally met its end", an increasingly aged and fragile Allende told the New York Times. "And in this new world order, Chile leads the way."

Hard-coded Monetarism

Following the global financial and subsequent European sovereign debt crisis, the European Central Bank embarked on a "Quantitative Easing" program of monumental proportions. While "Super Mario's" money printing machine allowed for Keynesian contra-cyclical spending, the long-term consequences of the ECB's continued buyback program have seemingly far outstripped the benefits. Negative interest rates have become standard practice across the Eurozone, and Christine Lagarde's continuation of her predecessor's policies has effectively led to the loss of the continent's ability to undertake monetary policy. Meanwhile, "inflation's ugly twin" is threatening to put a halt to consumer spending, potentially throwing more oil on the continental-sized dumpster fire.

Towards a Cashless Society

Following the introduction of Bitcon in the wake of the global financial crisis, digital cryptocurrencies have promised to dramatically reshape our moodern conception of money. After having watched privately-sanctioned digital coinage wax and wane for several years, Central Bankers across the globe have increasingly started calling for a public alternative. The dangers of private digital fiat money became abundantly clear when social media behemoth Facebook announced it would issue its own global cryptocurrency), with the Bank for International Settlements publicly denouncing the notion of digital currency being monopolised by private actors. The French and German Governments quickly followed suit, striking a major blow to the Libra.

Privatisation with a Human Face

Founded in 1953 by President Carloz Ibañez del Campo, the Bank of Chilean State is the country's third largest bank. BancoEstado has been ranked Latin America's safest bank since 2012, and the 48th safest bank in the world and 6th in the Southern Hemisphere since 2015. BancoEstado - whicich is rated AA3 by Moody's - is furthermore the only bank to service all of the country's communes, while being the sole financial service provider in theseventy-seven of the most remote Chilean localities.

Premium Insurance

Other Measures

The Chilean Government hopes - above all - that its willingness to undertake radical reforms will serve to inspire Euuropean Governments and Central Banks into being ambitious in their response to the continet's economic issues. At the same time, the Chilean financial sector is expected to become one of the world's most innovative, competitive and dynamic payments markets, continuing the country's reputation as Latin America's "Shining Star".Only time will tell whether or not these reforms will actually bear their fruits.

Footnotes

  • 1 - Based on a quote by Milton Friedman.
  • 2 - Customer support, mobile and internet banking, etc
  • 3 - I based this figure on the 2018 Annual Report, where on page 46 it states that the bank's total consolidated assets total more than $40 billion dollars. The figures I gave in terms of revenue are based on the subsequent economic growth, the willingness of Chileans to gain ownership of the bank for nationalist reasons, and on thee fact that both Peter_j_ and ForestChapel valued the bank at $50 billion in previous seasons. Please feel free to provide me with imput as I'm not very well vested in corporate valuations.
  • 5 - This is based on the so-called Bibby Plan, which is briefly described on the deposit insurance wikipedia page, as well as on basic econoics.
  • 6 - Regulations regarding the creation of a new bank will be adressed in a separate post.
[M] Much of the stuff in this post is based on recommendations by the Sustainable Finance Lab, a high profile Dutch financial think tank. As such, some of the stuff in this post might be a bit out of place considering the vastly different nature of the Dutch financial sector. Most of it should still be universally applicable, though.
submitted by TheForgottenVanGogh to GlobalPowers [link] [comments]

Stellar Lumens + Islam, EOS Speed & Giveaways - Bitcoin & Cryptocurrency News What is Bitcoin Value and Trump's Muslim Ban Venture Capital: Muslim money & extending Bitcoin influence (E14) WARNING: The Truth About Bitcoin - YouTube Mufti Taqi Usmani Sahab About Bitcoins and Cryptocurrency

It concludes that Bitcoin or a similar system might be a more appropriate medium of exchange in Islamic Banking and Finance than riba-backed central bank fiat currency, especially among the ... Professor Dr. Monzer Kahf, an expert in Islamic finance and economics in Qatar Faculty of Islamic Studies also released a fatwa citing low confidence and high chance of manipulation in the open market (unclear by what he means by this) make bitcoin/cryptocurrencies unsuitable to serve as currency. It should be noted, however, that both these statements were released in 2014 (April and June ... It concludes that Bitcoin or a similar system might be a more appropriate medium of exchange in Islamic Banking and Finance than riba-backed central bank fiat currency, especially among the unbanked and in small-scale cross-border trade. Keywords: Islamic Banking, Islamic Finance, Bitcoin, virtual currency 1. Introduction Bitcoin News has previously reported on the compatibilities of cryptocurrency and Sharia-compliant financial practices, ... a promising new startup, will help increase transparency and bring back control to the average Islamic Bank user. For this purpose, Hada DBank is involved in various corporate partnerships that are cementing the bank’s status as the premier blockchain Islamic bank ... Digital Islamic bank on the blockchain HADA DBank has announced its latest agreement, having secured its first corporate client in “future-forward” property development firm Überstat e.. Itself only two weeks into its ongoing token sale, Überstate has penned a deal with HADA DBank to purchase $1 million worth of the bank’s digital tokens, HADACoins.

[index] [3219] [15129] [13901] [15548] [32666] [40521] [36229] [18819] [37826] [23482]

Stellar Lumens + Islam, EOS Speed & Giveaways - Bitcoin & Cryptocurrency News

Britain is seeking money from the Middle East in its ambition to become the first country outside of the Muslim world to offer an Islamic Bond - Katie Pilbeam asks London based Market Strategist ... This video is unavailable. Watch Queue Queue. Watch Queue Queue Bitcoin at $4000, World largest Islamic bank is using XRP - Duration: 4:06. Bitcoin Magazine NL Recommended for you. 4:06. Bitcoin Halal or Haram? - Duration: 19:00. ... On July 2, 2018, Reason and The Soho Forum hosted a debate between Erik Voorhees, the CEO of ShapeShift, and Peter Schiff, CEO and chief global strategist of... Banks Get $1.5 Trillion Bailout Over Coronavirus - Duration: 19:08. ... Islamic ruling on Bitcoin and Cryptocurrency - Sheikh Assim Al Hakeem - Duration: 9:25. assimalhakeem Recommended for you. 9 ...

#