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US Venezuela Policy is About Oligarchy, Not Democracy

US Venezuela Policy is About Oligarchy, Not Democracy

The proven oil reserves in Venezuela are recognized as the LARGEST in the world, totaling 297 billion barrels.
While ignoring (and even supporting) the atrocities of authoritarian regimes in places like Saudi Arabia, Bahrain and Uzbekistan, US oligarchs have targeted Venezuela for “regime-change” in the name of “democracy”.
Currently, the US is engaging in economic warfare against Venezuela to foment a coup and remove its democratically elected president Nicolás Maduro.
Without providing solid evidence, our corporate-controlled government and mainstream media portray Maduro as a corrupt, repressive, and illegitimate leader with little to no support.

Ask yourself:

Do I ever see officials from the Venezuelan government appear in corporate news shows to tell THEIR side of the story?
What people DO get to comment on Venezuela and what are their credentials and agenda? Are these people essentially public relations agents for the US-orchestrated coup?
Does corporate news provide me with historical background of US imperialism in Venezuela to put these current events in context?

What Corporate-Controlled Media will NOT Tell You

The CIA was involved in the failed coup against Venezuela's popular leader Hugo Chavez in 2002.
Venezuela is not a strictly socialist country; it has a “mixed” economy - not unlike Norway or other Scandinavian countries.
Venezuela is a DEMOCRACY - unlike US-allies Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, and Kuwait.
In 2012, Jimmy Carter went on record saying:
“As a matter of fact, of the 92 elections that we've monitored, I would say the election process in Venezuela is the best in the world”
The opposition to Maduro knew they were going to lose the last election and so boycotted it in attempt to delegitimize the results.
The US actually tried to dissuade Maduro’s opponents from running!
Maduro invited international observers into the country in 2018 to monitor the last election but the opposition asked the UN not to send observers!
More than 80% of the Venezuelan population had not even HEARD of Juan Guaidó before Trump and the US state proclaimed him the “rightful” president.
Maduro’s approval ratings within his country are on par with opposition-controlled National Assembly. According to an October poll by opposition-aligned pollster Datanalisis, Venezuela's National Assembly, of which Juan Guaidó is president, has a disapproval rating of 70%.
Venezuela WANTS to sell its oil to the US – the US is their largest market and refines a majority of their oil.
US companies Chevron Corp, Halliburton, Schlumberger, Baker Hughes and Weatherford International all have operations in Venezuela, and are allowed to continue to engage in transactions and activities with PDVSA and its joint ventures through July 27.
“No State or group of States has the right to intervene, directly or indirectly, for any reason whatever, in the internal or external affairs of any other State. The foregoing principle prohibits not only armed force but also any other form of interference or attempted threat against the personality of the State or against its political, economic, and cultural elements.” Organization of American States Charter

Why is the US Corporatocracy so Keen to Remove Maduro?

While Venezuela’s economy is not a strictly-state-run economy, its oil industry is nationalized and uses its revenues for the benefit of its citizens (especially the poor).
After years of crippling US sanctions Maduro stepped over a crucial line in October when his government announced that Venezuela was abandoning the US dollar and would be make all future transactions on the Venezuelan exchange market in euro.
Saddam Hussein also went off the dollar in favor of the euro in 2003 – we started dropping bombs on him the next month.
A similar decision by the Gadhafi government in Libya (2011) was quickly followed by a devastating US-orchestrated conflict - culminating in Gadhafi's capture by radical Islamists who sodomized him with a bayonet before killing him. Since then, Libya has gone from Africa's wealthiest country to a truly failed-state complete with a slave trade! To make matters worse, after the collapse of the Libyan government, its military arms were smuggled out of that country and into the hands of ISIS fighters in Iraq and Syria - enabling US-orchestrated chaos in those countries.

Who cares what currency a country uses to trade petroleum?

Answer: US oligarchy

The US dollar is central to US world economic domination.
Like all other modern currencies, it is a fiat currency – backed by no real assets to prop up its value.
In lieu of a “gold standard” we know operate on a de-facto “oil-standard”:
"After the collapse of the Bretton Woods gold standard in the early 1970s, the United States struck a deal with Saudi Arabia to standardize oil prices in dollar terms. Through this deal, the petrodollar system was born, along with a paradigm shift away from pegged exchanged rates and gold-backed currencies to non-backed, floating rate regimes.
The petrodollar system elevated the U.S. dollar to the world's reserve currency and, through this status, the United States enjoys persistent trade deficits and is a global economic hegemony." Investopedia
“The central banking Ponzi scheme requires an ever-increasing base of demand and the immediate silencing of those who would threaten its existence. Perhaps that is what the hurry [was] in removing Gaddafi in particular and those who might have been sympathetic to his monetary idea.” Anthony Wile

US Foreign Policy is about Oligarchy Not Democracy

Since World War II, the US has attempted to over-throw the 52 foreign governments. Aside from a handful of exceptions (China, Cuba, Vietnam, etc.), the US has been successful in the vast majority of these attempts.
US foreign policy is not about democracy – it is about exploiting the world’s resources in the interests of a small, ultra-wealthy global elite.
This exploitation benefits a small percentage of people at the top of the economic pyramid while the costs are born by those at the bottom.

US CIA Coup Playbook:

How to Plunder Resources from Foreign Countries While Pretending to Support Democracy
  1. Find a country with resources you want.
  2. Send in an “Economic Hitman” to offer bribes the country’s leader in the form of personally lucrative business deals. If he accepts the deal, the leader will amass a personal fortune in exchange for "privatizing” the resources you wish to extract.
If the leader will not accept your bribes, begin the regime-change process.
3) Engage in economic warfare by imposing crippling sanctions on the country and blame the ensuing shortages on the leader’s “socialist” policies.
4) Work with right-wing allies inside country to fund and organize an “astroturf” opposition group behind a corporate-friendly puppet.
5) Hire thugs inside country to incite unrest and violence against the government in coordination with your opposition group. Use corporate media to publicize the orchestrated outbursts as popular outrage and paint a picture of a “failed state” mired in corruption and chaos.
6) When the government arrests your thugs, decry the response as the brutal repression. Use corporate-owned media to demonize the target government as a despotic regime while praising your puppet opposition as champions of democracy.
7) Work with right-wing military leaders to organize the overthrow the government (offer them the same business deals the current leader refused).
8) If a military-led coup cannot be organized, create a mercenary army to carry out acts of terrorism against the government and its supporters. Portray the mercenaries as “freedom fighters” and their acts of terrorism as a “civil war”.
9) If the target government has popular and military support and is too well-defended for your mercenaries to over-throw: label the country a “rouge state” and wait for the right time to invade. Meanwhile, continue to wear the country’s government and populace down using steps 3 – 8.
10) Escalate the terror campaign within the country to provoke a military response from the country against the US. If they won’t take the bait , fabricate an attack or threat that you can sell to the US population as justification for an invasion.
11) Once the government is removed, set up your puppet regime to provide the illusion of sovereignty. The regime will facilitate and legitimize your appropriation of the country’s resources under the guise of "free" trade.
12) As you continue to extract the country’s resources, provide intelligence and military support to the puppet regime to suppress popular dissent within the country.
13) Use the demise of the former government as yet another example of the impracticality of “socialism.”
What Can I Do?
Call your senators and representatives to voice your opposition to US regime-change efforts in Venezuela.
https://www.commoncause.org/find-your-representative/
Please share this message with others.
Sources included at: https://link.medium.com/8DiA5xzx4T

‘Venezuela’: Media’s One-Word Rebuttal to the Threat of Socialism

ALAN MACLEOD FEBRUARY 8, 2019
A recent Gallup poll (8/13/18) found that a majority of millennials view socialism favorably, preferring it to capitalism. Democratic socialist Bernie Sanders is the most popular politician in the United States, while new leftist Rep. Alexandria Ocasio-Cortez’s (AOC) policies of higher taxes on the wealthy, free healthcare and public college tuition are highly popular—even among Republican voters (FAIR.org,1/23/19).
Alarmed by the growing threat of progressive policies at home, the establishment has found a one-word weapon to deploy against the rising tide: Venezuela. The trick is to attack any political figure or movement even remotely on the left by claiming they wish to turn the country into a “socialist wasteland” (Fox News, 2/2/19) run by a corrupt dictatorship, leaving its people hungry and devastated.
Leading the charge have been Fox News and other conservative outlets. One Fox opinion piece (1/25/19) claimed that Americans should be “absolutely disgusted” by the “fraud” of Bernie Sanders and Democrats like Alexandria Ocasio-Cortez, Elizabeth Warren and Cory Booker, as they “continue to promote a system that is causing mass starvation and the collapse of a country,” warning that is exactly what their failed socialist policies would bring to the US. (Back in the real world, while Sanders and Ocasio-Cortez identify as socialists, Warren is a self-described capitalist, and Booker is noted for his ties to Wall Street, whose support for his presidential bid he has reportedly been soliciting.) A second Fox Newsarticle (1/27/19) continues in the same vein, warning that, “At the heart of Venezuela’s collapse is a laundry list of socialist policies that have decimated its economy.”
The Wall Street Journal (1/28/19) describes calls for negotiations in Venezuela as “siding with the dictator.”
In an article entitled “Bernie Sanders, Jeremy Corbyn and the Starving Children of Venezuela,” the Washington Examiner (6/15/17) warned its readers to “beware the socialist utopia,” describing it as a dystopia where children go hungry thanks to socialism. The Wall Street Journal (1/28/19) recently condemned Sanders for his support of a “dictator,” despite the fact Bernie has strongly criticized Venezuelan President Nicolás Maduro, and dismissed Maduro’s predecessor, Hugo Chavez, as a “dead Communist dictator” (Reuters, 6/1/16).
More supposedly centrist publications have continued this line of attack. The New York Times’ Bret Stephens (1/25/19) argued: “Venezuela is a socialist catastrophe. In the age of AOC, the lesson must be learned again”—namely, that “socialism never works,” as “20 years of socialism” has led to “the ruin of a nation.” The Miami Herald(2/1/19) cast shame on Sanders and AOC for arguing for socialism in the face of such overwhelming evidence against it, describing the left’s refusal to back self-appointed president Juan Guaidó, someone whom less than 20 percent of Venezuelans had even heard of, let alone voted for, as “morally repugnant.”
This useful weapon to be used against the left can only be sustained by withholding a great number of key facts—chief among them, the US role in Venezuela’s devastation. US sanctions, according to the Venezuelan opposition’s economics czar, are responsible for a halving of the country’s oil output (FAIR.org, 12/17/18). The UN Human Rights Council has formally condemned the US and discussed reparations to be paid, with one UN special rapporteur describing Trump’s sanctions as a possible “crime against humanity” (London Independent, 1/26/19). This has not been reported by any the New York Times, Washington Post, CNN or any other national US “resistance” news outlet, which have been only too quick to support Trump’s regime change plans (FAIR.org, 1/25/19).
Likewise, the local US-backed opposition’s role in the economic crisis is barely mentioned. The opposition, which controls much of the country’s food supply, has officially accepted responsibility for conducting an “economic war” by withholding food and other key goods.
For example, the monolithic Empresas Polar controls the majority of the flour production and distribution crucial for making arepa cornbread, Venezuela’s staple food. Polar’s chair is Leopoldo Lopez, national coordinator of Juan Guaidó’s Popular Will party, while its president is Lorenzo Mendoza, who considered running for president against Maduro in the 2018 elections that caused pandemonium in the media (FAIR.org, 5/23/18).
Conspicuously, it’s the products that Polar has a near-monopoly in that are often in shortest supply. This is hardly a secret, but never mentioned in the copious stories (CNN, 5/14/14, Bloomberg, 3/16/17, Washington Post, 5/22/17, NPR, 4/7/17) focusing on bread lines in the country.
Also rarely commented on was the fact that multiple international election observer missions declared the 2018 elections free and fair, and that Venezuelan government spending as a proportion of GDP (often considered a barometer of socialism) is actually lower than the US’s, and far lower than most of Europe’s, according to the conservative Heritage Foundation.
The London Daily Express (2/3/19) demonstrates that redbaiting works equally well on either side of the Atlantic.
Regardless of these bothersome facts, the media has continued to present Venezuela’s supposedly socialist dictatorship as solely responsible for its crisis as a warning to any progressives who get the wrong idea. So useful is this tool that it is being used to attack progressive movements around the world. The Daily Express (2/3/19) and Daily Mail (2/3/19) condemned UK Labour Party leader Jeremy Corbyn for his “defense” of a “dictator,” while the Daily Telegraph(2/3/19) warned that the catastrophe of Venezuela is Labour’s blueprint for Britain. Meanwhile, the Greek leftist party Syriza’s support for Maduro (the official position of three-quarters of UN member states) was condemned as “shameful” (London Independent, 1/29/19).
“Venezuela” is also used as a one-word response to shut down debate and counter any progressive idea or thought. While the panel on ABC’s The View (7/23/18) discussed progressive legislation like Medicare for All and immigration reform, conservative regular Meghan McCain responding by invoking Venezuela: “They’re starving to death” she explained, leaving the other panelists bemused.
President Trump has also used it. In response to criticism from Senator Elizabeth Warren over his “Pocahontas” jibe, he replied that she would “make our country into Venezuela” (Reuters, 10/15/18).
The weapon’s effectiveness can only be sustained through a media in lockstep with the government’s regime-change goals. That the media is fixated on the travails of a relatively small and unimportant country in America’s “backyard,” and that the picture of Venezuela is so shallow, is not a mistake. Rather, the simplistic narrative of a socialist dictatorship starving its own people provides great utility as a weapon for the establishment to beat back the domestic “threat” of socialism, by associating movements and figures such as Bernie Sanders, Alexandria Ocasio-Cortez and Jeremy Corbyn with an evil caricature they have carefully crafted.

Corporate Propaganda Blitz Against Venezuela’s Elected President: MSM Will Not Let Facts Interfere With Coup Agenda

Facts Don’t Interfere With Propaganda Blitz Against Venezuela’s Elected President Joe Emersberger
Guaidó, anointed by Trump and a new Iraq-style Coalition of the Willing, did not even run in Venezuela’s May 2018 presidential election. In fact, shortly before the election, Guaidó was not even mentioned by the opposition-aligned pollster Datanálisis when it published approval ratings of various prominent opposition leaders. Henri Falcón, who actually did run in the election (defying US threats against him) was claimed by the pollster to basically be in a statistical tie for most popular among them. It is remarkable to see the Western media dismiss this election as “fraudulent,” without even attempting to show that it was “stolen“ from Falcón. Perhaps that’s because it so clearly wasn’t stolen.
Graph: Approval Ratings of Main Venezuelan Leaders Nov 2016 - July 2018 Data from the opposition-aligned pollsters in Venezuela (via Torino Capital) indicates that Henri Falcón was the most popular of the major opposition figures at the time of the May 2018 presidential election. Nicolás Maduro won the election due to widespread opposition boycotting and votes drawn by another opposition candidate, Javier Bertucci.
The constitutional argument that Trump and his accomplices have used to “recognize” Guaidó rests on the preposterous claim that Maduro has “abandoned” the presidency by soundly beating Falcón in the election. Caracas-based journalist Lucas Koerner took apart that argument in more detail.
What about the McClatchy-owned Miami Herald's claim that Maduro “continues to reject international aid”? In November 2018, following a public appeal by Maduro, the UN did authorize emergency aid for Venezuela. It was even reported by Reuters (11/26/18), whose headlines have often broadcast the news agency’s contempt for Maduro’s government.
It’s not unusual for Western media to ignore facts they have themselves reported when a major “propaganda blitz” by Washington is underway against a government. For example, it was generally reported accurately in 1998 that UN weapons inspectors were withdrawn from Iraq ahead of air strikes ordered by Bill Clinton, not expelled by Iraq’s government. But by 2002, it became a staple of pro-war propaganda that Iraq had expelled weapons inspectors (Extra! Update, 10/02).
And, incidentally, when a Venezuelan NGO requested aid from the UN-linked Global Fund in 2017, it was turned down. Setting aside how effective foreign aid is at all (the example of Haiti hardly makes a great case for it), it is supposed to be distributed based on relative need, not based on how badly the US government wants somebody overthrown.
But the potential for “aid” to alleviate Venezuela’s crisis is negligible compared to the destructive impact of US economic sanctions. Near the end of the Miami Herald article, author Jim Wyss cited an estimate from the thoroughly demonized Venezuelan government that US sanctions have cost it $30 billion, with no time period specified for that estimate. Again, this calls to mind the run-up to the Iraq invasion, when completely factual statements that Iraq had no WMDs were attributed to the discredited Iraqi government. Quoting Iraqi denials supposedly balanced the lies spread in the media by US officials like John Bolton, who now leads the charge to overthrow Maduro. Wyss could have cited economists independent of the Maduro government on the impact of US sanctions—like US economist Mark Weisbrot, or the emphatically anti-Maduro Venezuelan economist Francisco Rodríguez.
Illegal US sanctions were first imposed in 2015 under a fraudulent “state of emergency” declared by Obama, and subsequently extended by Trump. The revenue lost to Venezuela’s government due to US economic sanctions since August 2017, when the impact became very easy to quantify, is by now well over $6 billion. That’s enormous in an economy that was only able to import about $11 billion of goods in 2018, and needs about $2 billion per year in medicines. Trump’s “recognition” of Guaidó as “interim president” was the pretext for making the already devastating sanctions much worse. Last month, Francisco Rodríguez revised his projection for the change in Venezuela’s real GDP in 2019, from an 11 percent contraction to 26 percent, after the intensified sanctions were announced.
The $20 million in US “aid” that Wyss is outraged Maduro won’t let in is a rounding error compared to the billions already lost from Trump’s sanctions.
Former US Ambassador to Venezuela William Brownfield, who pressed for more sanctions on Venezuela, dispensed with the standard “humanitarian” cover that US officials have offered for them (Intercept, 2/10/19):
And if we can do something that will bring that end quicker, we probably should do it, but we should do it understanding that it’s going to have an impact on millions and millions of people who are already having great difficulty finding enough to eat, getting themselves cured when they get sick, or finding clothes to put on their children before they go off to school. We don’t get to do this and pretend as though it has no impact there. We have to make the hard decision—the desired outcome justifies this fairly severe punishment.
How does this gruesome candor get missed by reporters like Wyss, and go unreported in his article?
Speaking of “severe punishment,” if the names John Bolton and Elliott Abrams don’t immediately call to mind the punishment they should be receiving for crimes against humanity, it illustrates how well the Western propaganda system functions. Bolton, a prime facilitator of the Iraq War, recently suggested that Maduro could be sent to a US-run torture camp in Cuba. Abrams played a key role in keeping US support flowing to mass murderers and torturers in Central America during the 1980s. Also significant that Abrams, brought in by Trump to help oust Maduro, used “humanitarian aid” as cover to supply weapons to the US-backed Contra terrorists in Nicaragua.
In the Miami Herald article, the use of US “aid” for military purposes is presented as another allegation made by the vilified Venezuelan president: “Maduro has repeatedly said the aid is cover for a military invasion and has ordered his armed forces not to let it in, even as food and medicine shortages sweep the country.”
Venezuela Accuses U.S. of Secretly Shipping Arms After Weapons Found on Plane with Possible CIA Ties | Democracy Now!
Calling for international aid and being democratically elected will do as little to protect Maduro’s government from US aggression as being disarmed of WMD did to prevent Iraq from being invaded—unless there is much more pushback from the US public against a lethal propaganda system.

When Is a Democracy not a Democracy? When It’s Venezuela and the US is Pushing Regime Change. Venezuela has as much right to call itself a democracy as does the United States. Until that is understood by enough people, the Trump administration will continue to devastate Venezuela’s economy with illegal sanctions and push it towards civil war.
Suggested Reading:
UN Rapporteur: US Sanctions Cause Death in Venezuela
Guaido is playing it fast and loose with the Bolivarian Constitution to justify a dictatorship
Trump’s Economic Sanctions Have Cost Venezuela About $6bn Since August 2017
How could Venezuela's president 'steal' the 2018 election from an unknown who didn't run?
In other news...
The Largest Protest Ever Was 15 Years Ago. The Iraq War Isn’t Over. What Happened?
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My 1 year on NOFAP/NOPMO Failure with benefits…


Hello guys i hope this story is not going to take your time more than 10 mintues, but believe me every second will be worth of it. So i wanted to share my story of 1year nofap, my life before starting nofap, while i was on nofap the good, the bad … i started this challenge 23 august 2018 and to be honest with you guys it was hard and somehow i failed. Yes i did ejaculate , yes i did edge and hell yes i watched porn but i still saw some benefits and still learned something. But before i continue with my story i want to tell you that the reason why i want to share my story with you is because i don’t see people posting videos that they failed on this journey at least maybe on their 1st attempt, they all seem like they are succeeding on their first attempt, and i am not saying that is not possible, but i want to support guys who started the journey and they failed just like me. so here we go… i started my journey on 23.august.2018 and i still remember my last time that i watched porn hard before starting this journey and that happened 2 days before i started nofap.( I remember masturbating and than feeling really low energy and i started searching on youtube if Masturbating kills your gains, or does masturbating effects your growth of muscles, because i was a person who wanted to have a nice body and i used to workout at the gym but i wasn’t building muscles or gaining weight. I am 187 cm or 6.1 foot long and i was always a skinny guy, i had 75-78 Kg average not to skinny but not even like a regular person compared to how i was trying to lift. So after searching on youtube i found nofap challenge, and believe me i was so interested to know about this nofap challenge so i watched a ton of nofap videos that are on youtube and i saw many people explaining the dark side of masturbating and watching porn and the life changing benefits that you can get from NOFAP/NOPMO … and that is the moment where i realized that porn and masturbating made my life shit, i had anxiety, i was very very very unconfident guy, i was low energy, not motivated, not having balls to approach any girl that i liked etc…. So before talking to the benefits that i have seen or i have felt i will tell you shortly how my life was 3-4 years before i started nofap. I was in a relationship with a girl in my high school since march 2012 until we broke up on november 2016, just trying to explain shortly… so 4 years in a relationship, but on our 3rd year things were getting wrong, we were not happy with our relationship and many other relationship problems, but i remember on that year i used to watch porn a lot, and i remember after going out with her, whenever i came back at home i used to watch porn and masturbate, somehow i wasn’t feeling the joyful moment with her compared to how i was feeling with porn. And almost 1 year later we broke upppp, so my point of this story is that porn destroyed my relationship, within a year, porn it’s a slow killer and you just won’t notice it, you see things in life not going well but you will never notice its because of porn, as much as depressed you are as much as porn you are going to look. Because that;s the only thing that can make your dopamine get higher, or maybe it is the only thing that takes your problems away for a short period of time. I remember i was trying to study hard for my exams, i was in faculty of mechanical enginnering but everytime i was trying to learn more than 1 hour i was feeling very sleepy and very low energy, so every time i was feeling low energy i used to watch porn and masturbate, i didn’t know that porn was the problem, I was just bored and low energy so i decided let’s watch some porn. I continued like this for more than 1/2 year Until i ended on youtube looking for masturbating side effects and ended up finding NOFAP. By the way since i broke up with my girlfriend i never had any other girlfriend, i liked a girl on my university but because of anxiety i was never able to approach her, even though she semmed to like me but still i had no balls to talk to her even when we were walking in front of each other in the opposite direction, and guess what ? She is in a relationship now and i really felt bad when i saw her with her boyfriend walking and holding their hands together. I said to myself, look what porn did to me, look what you lost because of anxiety and being so unconfident, i really felt like a failure a really sad moment…. but at least i was able to graduate from my university. Soo now let’s start telling you about my nofap journey. But before i start ,if you start nofap you have to have goals or ask yourself what is your goal to achive with nofap/nopmo, why are you doing this ? If your answer is because i am bored with my life, i want a better life … It’s okey but have goals first, because if you start with no goals you may be on a 2 months strike and if you are not having any benefit, you will quit. My goal on nofap is to increase confidence. THATS IT… Why confidence? Because being confident is all you need. Girls loveee confident guys, in fact everybody loves confident people. And as i am a forex trader, confidence is much much needed when trading. So i started my nofap challenge on 23.august.2018, it was great on my first 5-6 days, because i could go without ejaculating for 4-5 days even when i was not doing nofap. But after day 7 i started feeling the need of masturbating, and instead of masturbating i started edging, i was touchin my dick and using my imagination and i was able to feel good … So after day 7, almost every day i was edging but i was not feeling the need of looking at porn and i said myself why do people struggle so much getting rid of porn? It was easy for me not to look at porn on that first month. No changes, not even feeling anything better, the only change i saw was Women attraction. Yes even though i was not feeling anything better inside me, not even looking better anything, girls/womans were looking at me, they were turning they head to look at me and i said to myself wooow, how i am attracing girls/boys/people/mean/woman without feeling anything better. But it was because of holding my sement on my body and not ejaculating. So if you don’t throw/waste that sement, if you don’t throw it away, girls-womans even guys will look at you more, they will feel your power. Guys will say wow he is cool, and womans will say wow he is a real man. That’s just the point of why sement makes you more attractive to people, it makes you more masculine, but the benefit of sement preservation doesn’t stop here, belive me since i started nopmo i started gaining wheight, i was skinny and people that are fat when they start nopmo they are more likely to lose weight, so benefits in both people skinny or fat it doesn’t matter, i am more powerful at gym, my knees don’t crackle like they used to… and do you know why ?? Because of that powerfull minerals, vitamins, nutritions that we used to through it cheaply with masturbation.. now is hold and used in my body. So the first benefit was women attraction… So my second benefit is actually not masturbating, and if you are saying wtf is this guy saying, just think for a second, I am not wasting my time every day for 1 hour to watch porn, opening multiple tabs of porn to watch, i am using that time on other stuff to do , so that is a worth mentioning benefit. My third benefit was that i had more energy to do things, and more power to train harde lift heavier. Before i finish, i found my key to not watch porn anymore and not edge or masturbate. I don’t know how much you guys are religious buy i made a promise to god, that i won’t ever watch porn and masturbate anymore. (I know it sound dumb to some people but since that day i never even thought of doing POM because i would feel so shame on myself that i broke my promise to god for a short imagination of happiness).
Before i started nofap my confidence on a scale from 0 to 10 was -8, yeap -8 so unconfident… And now that i am on nofap my confidence is like -3… still not confident but i won;t give up. I know good days will come ! On my photos RED cross means (Realpse, sometimes with Porn), a weat dream is with a blue circle or a sleepy emoji.
Little suggestion: Stop getting to day 0 after a relapse, just continue the journey just like i did, and you will get to a point that you will look and will say “I only relapsed 3 times last month compared to when i was on PMO and that’s a good sign of a good life that will come to you”.
If you are horny and you want to relapse, just think how shit your life is. Try it and feel like a piece of shit and remember that moment, so when you get horny again after a long streak just remember how you felt last time after a relapse, and that will make you to go stronger. Lastly even when you see and feel the benefits, this NoPMO lifestyle it’s so hard when you have urges so you don’t even care about benefits, but if you resist you will level up my friend. It’s up to you guys ! STAY STRONG

https://preview.redd.it/f2utcp0z1si31.png?width=3000&format=png&auto=webp&s=616e7e5f2a5ce7a05c9372cd74b40fa0cc244d13
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submitted by CuteRelease to NoFap [link] [comments]

The ’Prototype’ Narrative - Sunsetting BTC

I usually pitch BSV to between 5 and 10 people a day, and have been doing so on average for five days a week, since around mid February when I first bought into BSV myself.
I started paying attention to Wright in 2017 after I saw his talk at Arnhem*, and then again seriously in November last year after the CoinGeek conference in London, but it took me a couple of months to dig through all of the available information and make absolutely sure that my gut reaction was correct and that my intuition wasn’t lying to me before I decided to go full ‘BSVtard’.
(I have been in Bitcoin since May 2012, but left in 2014, and didn't get seriously involved again until 2017. I stepped out for most of 2018).
The people I pitch to are mostly financial types like Investment Bankers, Wealth Managers, M&A analysts, Risk Assessors, IT admins and system engineers at banks, Lawyers, Accountants, Stock Brokers, Liquidity specialists, Entrepreneurs and Stock, Bond and Forex Traders
I estimate I’ve done around 300 pitches in the last three months to employees of JPM, Citibank, Barclays, Credit Suisse, EY, KPMG, HSBC, BNP Paribas and the FCA, amongst others.
I have memorised Wright’s narrative, watched and rewatched his videos and interviews over and over again, and constantly read and re-read his blog in order to keep up to date with current events and developments.
I’ve found that in my own pitches, presenting BTC as ‘the prototype’ can be quite a neat way of explaining why BTC with a 1Mb block size has a limited capacity and is not really a good business solution for their industry.
It’s just a small stub of an idea, because the truth is quite different, but if you put it in its historical context, I think it makes sense.
Like the Wright brothers’ first attempt at flight, the first prototype of BitCoin may well crash and burn.
I’m also a fan of the ‘BitCoin as a jet engine’ analogy, wherein the block acts like a combustion chamber into which raw transactional data is fed, and from which information is then extracted, that then powers an information economy.
The circular velocity of energy in the system increases as more and more data is fed into the block, and more and more information is extracted, refined, sold, disseminated and recycled.
The result is a kind of ‘data ramjet’, which propels the value of BSV upwards as its circular velocity through the block chain and the mining economy increases.
submitted by Jo_Bones to bitcoincashSV [link] [comments]

US Venezuela Policy is About Oligarchy, Not Democracy

US Venezuela Policy is About Oligarchy, Not Democracy

The proven oil reserves in Venezuela are recognized as the LARGEST in the world, totaling 297 billion barrels.
While ignoring (and even supporting) the atrocities of authoritarian regimes in places like Saudi Arabia, Bahrain and Uzbekistan, US oligarchs have targeted Venezuela for “regime-change” in the name of “democracy”.
Currently, the US is engaging in economic warfare against Venezuela to foment a coup and remove its democratically elected president Nicolás Maduro.
Without providing solid evidence, our corporate-controlled government and mainstream media portray Maduro as a corrupt, repressive, and illegitimate leader with little to no support.

Ask yourself:

Do I ever see officials from the Venezuelan government appear in corporate news shows to tell THEIR side of the story?
What people DO get to comment on Venezuela and what are their credentials and agenda? Are these people essentially public relations agents for the US-orchestrated coup?
Does corporate news provide me with historical background of US imperialism in Venezuela to put these current events in context?

What Corporate-Controlled Media will NOT Tell You

The CIA was involved in the failed coup against Venezuela's popular leader Hugo Chavez in 2002.
Venezuela is not a strictly socialist country; it has a “mixed” economy - not unlike Norway or other Scandinavian countries.
Venezuela is a DEMOCRACY - unlike US-allies Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, and Kuwait.
In 2012, Jimmy Carter went on record saying:
“As a matter of fact, of the 92 elections that we've monitored, I would say the election process in Venezuela is the best in the world”
The opposition to Maduro knew they were going to lose the last election and so boycotted it in attempt to delegitimize the results.
The US actually tried to dissuade Maduro’s opponents from running!
Maduro invited international observers into the country in 2018 to monitor the last election but the opposition asked the UN not to send observers!
More than 80% of the Venezuelan population had not even HEARD of Juan Guaidó before Trump and the US state proclaimed him the “rightful” president.
Maduro’s approval ratings within his country are on par with opposition-controlled National Assembly. According to an October poll by opposition-aligned pollster Datanalisis, Venezuela's National Assembly, of which Juan Guaidó is president, has a disapproval rating of 70%.
Venezuela WANTS to sell its oil to the US – the US is their largest market and refines a majority of their oil.
US companies Chevron Corp, Halliburton, Schlumberger, Baker Hughes and Weatherford International all have operations in Venezuela, and are allowed to continue to engage in transactions and activities with PDVSA and its joint ventures through July 27.
“No State or group of States has the right to intervene, directly or indirectly, for any reason whatever, in the internal or external affairs of any other State. The foregoing principle prohibits not only armed force but also any other form of interference or attempted threat against the personality of the State or against its political, economic, and cultural elements.” Organization of American States Charter

Why is the US Corporatocracy so Keen to Remove Maduro?

While Venezuela’s economy is not a strictly-state-run economy, its oil industry is nationalized and uses its revenues for the benefit of its citizens (especially the poor).
After years of crippling US sanctions Maduro stepped over a crucial line in October when his government announced that Venezuela was abandoning the US dollar and would be make all future transactions on the Venezuelan exchange market in euro.
Saddam Hussein also went off the dollar in favor of the euro in 2003 – we started dropping bombs on him the next month.
A similar decision by the Gadhafi government in Libya (2011) was quickly followed by a devastating US-orchestrated conflict - culminating in Gadhafi's capture by radical Islamists who sodomized him with a bayonet before killing him. Since then, Libya has gone from Africa's wealthiest country to a truly failed-state complete with a slave trade! To make matters worse, after the collapse of the Libyan government, its military arms were smuggled out of that country and into the hands of ISIS fighters in Iraq and Syria - enabling US-orchestrated chaos in those countries.

Who cares what currency a country uses to trade petroleum?

Answer: US oligarchy

The US dollar is central to US world economic domination.
Like all other modern currencies, it is a fiat currency – backed by no real assets to prop up its value.
In lieu of a “gold standard” we know operate on a de-facto “oil-standard”:
"After the collapse of the Bretton Woods gold standard in the early 1970s, the United States struck a deal with Saudi Arabia to standardize oil prices in dollar terms. Through this deal, the petrodollar system was born, along with a paradigm shift away from pegged exchanged rates and gold-backed currencies to non-backed, floating rate regimes.
The petrodollar system elevated the U.S. dollar to the world's reserve currency and, through this status, the United States enjoys persistent trade deficits and is a global economic hegemony." Investopedia
“The central banking Ponzi scheme requires an ever-increasing base of demand and the immediate silencing of those who would threaten its existence. Perhaps that is what the hurry [was] in removing Gaddafi in particular and those who might have been sympathetic to his monetary idea.” Anthony Wile

US Foreign Policy is about Oligarchy Not Democracy

Since World War II, the US has attempted to over-throw the 52 foreign governments. Aside from a handful of exceptions (China, Cuba, Vietnam, etc.), the US has been successful in the vast majority of these attempts.
US foreign policy is not about democracy – it is about exploiting the world’s resources in the interests of a small, ultra-wealthy global elite.
This exploitation benefits a small percentage of people at the top of the economic pyramid while the costs are born by those at the bottom.

US CIA Coup Playbook:

How to Plunder Resources from Foreign Countries While Pretending to Support Democracy
  1. Find a country with resources you want.
  2. Send in an “Economic Hitman” to offer bribes the country’s leader in the form of personally lucrative business deals. If he accepts the deal, the leader will amass a personal fortune in exchange for "privatizing” the resources you wish to extract.
If the leader will not accept your bribes, begin the regime-change process.
3) Engage in economic warfare by imposing crippling sanctions on the country and blame the ensuing shortages on the leader’s “socialist” policies.
4) Work with right-wing allies inside country to fund and organize an “astroturf” opposition group behind a corporate-friendly puppet.
5) Hire thugs inside country to incite unrest and violence against the government in coordination with your opposition group. Use corporate media to publicize the orchestrated outbursts as popular outrage and paint a picture of a “failed state” mired in corruption and chaos.
6) When the government arrests your thugs, decry the response as the brutal repression. Use corporate-owned media to demonize the target government as a despotic regime while praising your puppet opposition as champions of democracy.
7) Work with right-wing military leaders to organize the overthrow the government (offer them the same business deals the current leader refused).
8) If a military-led coup cannot be organized, create a mercenary army to carry out acts of terrorism against the government and its supporters. Portray the mercenaries as “freedom fighters” and their acts of terrorism as a “civil war”.
9) If the target government has popular and military support and is too well-defended for your mercenaries to over-throw: label the country a “rouge state” and wait for the right time to invade. Meanwhile, continue to wear the country’s government and populace down using steps 3 – 8.
10) Escalate the terror campaign within the country to provoke a military response from the country against the US. If they won’t take the bait , fabricate an attack or threat that you can sell to the US population as justification for an invasion.
11) Once the government is removed, set up your puppet regime to provide the illusion of sovereignty. The regime will facilitate and legitimize your appropriation of the country’s resources under the guise of "free" trade.
12) As you continue to extract the country’s resources, provide intelligence and military support to the puppet regime to suppress popular dissent within the country.
13) Use the demise of the former government as yet another example of the impracticality of “socialism.”
What Can I Do?
Call your senators and representatives to voice your opposition to US regime-change efforts in Venezuela.
https://www.commoncause.org/find-your-representative/
Please share this message with others.
Sources included at: https://link.medium.com/8DiA5xzx4T

‘Venezuela’: Media’s One-Word Rebuttal to the Threat of Socialism

ALAN MACLEOD FEBRUARY 8, 2019
A recent Gallup poll (8/13/18) found that a majority of millennials view socialism favorably, preferring it to capitalism. Democratic socialist Bernie Sanders is the most popular politician in the United States, while new leftist Rep. Alexandria Ocasio-Cortez’s (AOC) policies of higher taxes on the wealthy, free healthcare and public college tuition are highly popular—even among Republican voters (FAIR.org,1/23/19).
Alarmed by the growing threat of progressive policies at home, the establishment has found a one-word weapon to deploy against the rising tide: Venezuela. The trick is to attack any political figure or movement even remotely on the left by claiming they wish to turn the country into a “socialist wasteland” (Fox News, 2/2/19) run by a corrupt dictatorship, leaving its people hungry and devastated.
Leading the charge have been Fox News and other conservative outlets. One Fox opinion piece (1/25/19) claimed that Americans should be “absolutely disgusted” by the “fraud” of Bernie Sanders and Democrats like Alexandria Ocasio-Cortez, Elizabeth Warren and Cory Booker, as they “continue to promote a system that is causing mass starvation and the collapse of a country,” warning that is exactly what their failed socialist policies would bring to the US. (Back in the real world, while Sanders and Ocasio-Cortez identify as socialists, Warren is a self-described capitalist, and Booker is noted for his ties to Wall Street, whose support for his presidential bid he has reportedly been soliciting.) A second Fox Newsarticle (1/27/19) continues in the same vein, warning that, “At the heart of Venezuela’s collapse is a laundry list of socialist policies that have decimated its economy.”
The Wall Street Journal (1/28/19) describes calls for negotiations in Venezuela as “siding with the dictator.”
In an article entitled “Bernie Sanders, Jeremy Corbyn and the Starving Children of Venezuela,” the Washington Examiner (6/15/17) warned its readers to “beware the socialist utopia,” describing it as a dystopia where children go hungry thanks to socialism. The Wall Street Journal (1/28/19) recently condemned Sanders for his support of a “dictator,” despite the fact Bernie has strongly criticized Venezuelan President Nicolás Maduro, and dismissed Maduro’s predecessor, Hugo Chavez, as a “dead Communist dictator” (Reuters, 6/1/16).
More supposedly centrist publications have continued this line of attack. The New York Times’ Bret Stephens (1/25/19) argued: “Venezuela is a socialist catastrophe. In the age of AOC, the lesson must be learned again”—namely, that “socialism never works,” as “20 years of socialism” has led to “the ruin of a nation.” The Miami Herald(2/1/19) cast shame on Sanders and AOC for arguing for socialism in the face of such overwhelming evidence against it, describing the left’s refusal to back self-appointed president Juan Guaidó, someone whom less than 20 percent of Venezuelans had even heard of, let alone voted for, as “morally repugnant.”
This useful weapon to be used against the left can only be sustained by withholding a great number of key facts—chief among them, the US role in Venezuela’s devastation. US sanctions, according to the Venezuelan opposition’s economics czar, are responsible for a halving of the country’s oil output (FAIR.org, 12/17/18). The UN Human Rights Council has formally condemned the US and discussed reparations to be paid, with one UN special rapporteur describing Trump’s sanctions as a possible “crime against humanity” (London Independent, 1/26/19). This has not been reported by any the New York Times, Washington Post, CNN or any other national US “resistance” news outlet, which have been only too quick to support Trump’s regime change plans (FAIR.org, 1/25/19).
Likewise, the local US-backed opposition’s role in the economic crisis is barely mentioned. The opposition, which controls much of the country’s food supply, has officially accepted responsibility for conducting an “economic war” by withholding food and other key goods.
For example, the monolithic Empresas Polar controls the majority of the flour production and distribution crucial for making arepa cornbread, Venezuela’s staple food. Polar’s chair is Leopoldo Lopez, national coordinator of Juan Guaidó’s Popular Will party, while its president is Lorenzo Mendoza, who considered running for president against Maduro in the 2018 elections that caused pandemonium in the media (FAIR.org, 5/23/18).
Conspicuously, it’s the products that Polar has a near-monopoly in that are often in shortest supply. This is hardly a secret, but never mentioned in the copious stories (CNN, 5/14/14, Bloomberg, 3/16/17, Washington Post, 5/22/17, NPR, 4/7/17) focusing on bread lines in the country.
Also rarely commented on was the fact that multiple international election observer missions declared the 2018 elections free and fair, and that Venezuelan government spending as a proportion of GDP (often considered a barometer of socialism) is actually lower than the US’s, and far lower than most of Europe’s, according to the conservative Heritage Foundation.
The London Daily Express (2/3/19) demonstrates that redbaiting works equally well on either side of the Atlantic.
Regardless of these bothersome facts, the media has continued to present Venezuela’s supposedly socialist dictatorship as solely responsible for its crisis as a warning to any progressives who get the wrong idea. So useful is this tool that it is being used to attack progressive movements around the world. The Daily Express (2/3/19) and Daily Mail (2/3/19) condemned UK Labour Party leader Jeremy Corbyn for his “defense” of a “dictator,” while the Daily Telegraph(2/3/19) warned that the catastrophe of Venezuela is Labour’s blueprint for Britain. Meanwhile, the Greek leftist party Syriza’s support for Maduro (the official position of three-quarters of UN member states) was condemned as “shameful” (London Independent, 1/29/19).
“Venezuela” is also used as a one-word response to shut down debate and counter any progressive idea or thought. While the panel on ABC’s The View (7/23/18) discussed progressive legislation like Medicare for All and immigration reform, conservative regular Meghan McCain responding by invoking Venezuela: “They’re starving to death” she explained, leaving the other panelists bemused.
President Trump has also used it. In response to criticism from Senator Elizabeth Warren over his “Pocahontas” jibe, he replied that she would “make our country into Venezuela” (Reuters, 10/15/18).
The weapon’s effectiveness can only be sustained through a media in lockstep with the government’s regime-change goals. That the media is fixated on the travails of a relatively small and unimportant country in America’s “backyard,” and that the picture of Venezuela is so shallow, is not a mistake. Rather, the simplistic narrative of a socialist dictatorship starving its own people provides great utility as a weapon for the establishment to beat back the domestic “threat” of socialism, by associating movements and figures such as Bernie Sanders, Alexandria Ocasio-Cortez and Jeremy Corbyn with an evil caricature they have carefully crafted.

Corporate Propaganda Blitz Against Venezuela’s Elected President: MSM Will Not Let Facts Interfere With Coup Agenda

Facts Don’t Interfere With Propaganda Blitz Against Venezuela’s Elected President Joe Emersberger
Guaidó, anointed by Trump and a new Iraq-style Coalition of the Willing, did not even run in Venezuela’s May 2018 presidential election. In fact, shortly before the election, Guaidó was not even mentioned by the opposition-aligned pollster Datanálisis when it published approval ratings of various prominent opposition leaders. Henri Falcón, who actually did run in the election (defying US threats against him) was claimed by the pollster to basically be in a statistical tie for most popular among them. It is remarkable to see the Western media dismiss this election as “fraudulent,” without even attempting to show that it was “stolen“ from Falcón. Perhaps that’s because it so clearly wasn’t stolen.
Graph: Approval Ratings of Main Venezuelan Leaders Nov 2016 - July 2018 Data from the opposition-aligned pollsters in Venezuela (via Torino Capital) indicates that Henri Falcón was the most popular of the major opposition figures at the time of the May 2018 presidential election. Nicolás Maduro won the election due to widespread opposition boycotting and votes drawn by another opposition candidate, Javier Bertucci.
The constitutional argument that Trump and his accomplices have used to “recognize” Guaidó rests on the preposterous claim that Maduro has “abandoned” the presidency by soundly beating Falcón in the election. Caracas-based journalist Lucas Koerner took apart that argument in more detail.
What about the McClatchy-owned Miami Herald's claim that Maduro “continues to reject international aid”? In November 2018, following a public appeal by Maduro, the UN did authorize emergency aid for Venezuela. It was even reported by Reuters (11/26/18), whose headlines have often broadcast the news agency’s contempt for Maduro’s government.
It’s not unusual for Western media to ignore facts they have themselves reported when a major “propaganda blitz” by Washington is underway against a government. For example, it was generally reported accurately in 1998 that UN weapons inspectors were withdrawn from Iraq ahead of air strikes ordered by Bill Clinton, not expelled by Iraq’s government. But by 2002, it became a staple of pro-war propaganda that Iraq had expelled weapons inspectors (Extra! Update, 10/02).
And, incidentally, when a Venezuelan NGO requested aid from the UN-linked Global Fund in 2017, it was turned down. Setting aside how effective foreign aid is at all (the example of Haiti hardly makes a great case for it), it is supposed to be distributed based on relative need, not based on how badly the US government wants somebody overthrown.
But the potential for “aid” to alleviate Venezuela’s crisis is negligible compared to the destructive impact of US economic sanctions. Near the end of the Miami Herald article, author Jim Wyss cited an estimate from the thoroughly demonized Venezuelan government that US sanctions have cost it $30 billion, with no time period specified for that estimate. Again, this calls to mind the run-up to the Iraq invasion, when completely factual statements that Iraq had no WMDs were attributed to the discredited Iraqi government. Quoting Iraqi denials supposedly balanced the lies spread in the media by US officials like John Bolton, who now leads the charge to overthrow Maduro. Wyss could have cited economists independent of the Maduro government on the impact of US sanctions—like US economist Mark Weisbrot, or the emphatically anti-Maduro Venezuelan economist Francisco Rodríguez.
Illegal US sanctions were first imposed in 2015 under a fraudulent “state of emergency” declared by Obama, and subsequently extended by Trump. The revenue lost to Venezuela’s government due to US economic sanctions since August 2017, when the impact became very easy to quantify, is by now well over $6 billion. That’s enormous in an economy that was only able to import about $11 billion of goods in 2018, and needs about $2 billion per year in medicines. Trump’s “recognition” of Guaidó as “interim president” was the pretext for making the already devastating sanctions much worse. Last month, Francisco Rodríguez revised his projection for the change in Venezuela’s real GDP in 2019, from an 11 percent contraction to 26 percent, after the intensified sanctions were announced.
The $20 million in US “aid” that Wyss is outraged Maduro won’t let in is a rounding error compared to the billions already lost from Trump’s sanctions.
Former US Ambassador to Venezuela William Brownfield, who pressed for more sanctions on Venezuela, dispensed with the standard “humanitarian” cover that US officials have offered for them (Intercept, 2/10/19):
And if we can do something that will bring that end quicker, we probably should do it, but we should do it understanding that it’s going to have an impact on millions and millions of people who are already having great difficulty finding enough to eat, getting themselves cured when they get sick, or finding clothes to put on their children before they go off to school. We don’t get to do this and pretend as though it has no impact there. We have to make the hard decision—the desired outcome justifies this fairly severe punishment.
How does this gruesome candor get missed by reporters like Wyss, and go unreported in his article?
Speaking of “severe punishment,” if the names John Bolton and Elliott Abrams don’t immediately call to mind the punishment they should be receiving for crimes against humanity, it illustrates how well the Western propaganda system functions. Bolton, a prime facilitator of the Iraq War, recently suggested that Maduro could be sent to a US-run torture camp in Cuba. Abrams played a key role in keeping US support flowing to mass murderers and torturers in Central America during the 1980s. Also significant that Abrams, brought in by Trump to help oust Maduro, used “humanitarian aid” as cover to supply weapons to the US-backed Contra terrorists in Nicaragua.
In the Miami Herald article, the use of US “aid” for military purposes is presented as another allegation made by the vilified Venezuelan president: “Maduro has repeatedly said the aid is cover for a military invasion and has ordered his armed forces not to let it in, even as food and medicine shortages sweep the country.”
Venezuela Accuses U.S. of Secretly Shipping Arms After Weapons Found on Plane with Possible CIA Ties | Democracy Now!
Calling for international aid and being democratically elected will do as little to protect Maduro’s government from US aggression as being disarmed of WMD did to prevent Iraq from being invaded—unless there is much more pushback from the US public against a lethal propaganda system.
Suggested Reading:
When Is a Democracy not a Democracy? When It’s Venezuela and the US is Pushing Regime Change. Venezuela has as much right to call itself a democracy as does the United States. Until that is understood by enough people, the Trump administration will continue to devastate Venezuela’s economy with illegal sanctions and push it towards civil war.
UN Rapporteur: US Sanctions Cause Death in Venezuela
Guaido is playing it fast and loose with the Bolivarian Constitution to justify a dictatorship
Trump’s Economic Sanctions Have Cost Venezuela About $6bn Since August 2017
How could Venezuela's president 'steal' the 2018 election from an unknown who didn't run?
In other news...
The Largest Protest Ever Was 15 Years Ago. The Iraq War Isn’t Over. What Happened?
submitted by roy_batty3000 to Communist [link] [comments]

Australian business needs help paying Chinese factory in Bitcoin

Bitcoiners, I need your help. If anyone here is running a business in China, I'd appreciate your input.
I've been a part of the Bitcoin community since late 2012 and want to support other businesses who want to transact in bitcoin.
I'm based in Australia and run a business selling customised silicone wristbands, among other things.
We get these wristbands produced in China and back in November 2013, I asked the factory to accept bitcoin as a form of payment. Initially they were receptive (considering the huge upswing in price at the time), but the next month, People's Bank of China stepped in (you know the story).
Consider my problem for a moment. If the factory does not accept bitcoin, this is what I have to do.
  1. Receive payment in bitcoin from customer.
  2. Sell some bitcoin -> AUD (fee on spread + 1%)
  3. Go to Forex company and exchange AUD -> USD (fee is $10 + conversion spread)
  4. Forex company wires funds to China (takes average 3 business days)
  5. Factory deposits USD into their bank account, which converts to RMB (I cant buy RMB through Forex)
In fact, if the factory accepted bitcoin, I can code my fulfillment system to automatically pay the factory when the customer pays me... Skipping every laborious step! Programmable money for the win!
Not only would myself and the factory save on fees, the factory gets paid the very moment I do, and I save countless hours on accounting, manual labor, etc
Every few months, I have revisited the issue with the factory. This is an uphill battle. Here is the latest response.
Dear Justin,
Well received with the comments on payment in Bitcoin! We have worked with each other for many years and your support to our business is highly appreciated. I am really so sorry that this payment term could not be accepted as the payment could not converted to dollars or RMB in bank. And in our country, it is the policy that Bitcoin business is illegal and it wont be protected by laws. And currently, only the wire transfer and credit card payment is accepted as the payment term.
Best Regards,
How accurate is their response saying "Bitcoin business is illegal"?
What can I do to convince the factory that accepting bitcoin is allowed (and is it ...) ?
Any suggestions for a legal workaround, ie bitcoin company in China that will pay factory for me (or will I get in trouble for this) ?
Thanks
submitted by bitpotluck to Bitcoin [link] [comments]

A conversation with my old man on this "drug money"- how many others have had such conversations with their family/friends and in what ways am I mistaken or missing good points/opportunities?

From: GravityChanges
Sent: Wednesday, November 27, 2013 8:27 PM
To: GravityChanges Dad
Subject: jeeze
http://www.usatoday.com/story/tech/2013/11/27/bitcoin-1000-cryptocurrency/3768821/
I placed an order for 3 BTC the first days of October after getting everything verified for that service... the total was just over three hundred... Sure wishing that transaction went through now! I wish I had made some better decisions when I first got serious about bitcoin last February, but that desire is worthless now.
From: GravityChanges Dad
Sent: Wednesday, November 27, 2013 8:43 PM
To: GravityChanges
Subject: RE: jeeze
Maybe not so bad to remain skeptical. There’s an old saying that’s been historically proven in my life… if it sounds too good to be true it probably is.
Example: latest terrible computer virus is one named Ransom. The virus gets into the computer or business servers and just sits there, compresses all the files, and then one day tells you you have a certain amount of time to pay for the key to unencrypt or everything will be destroyed. They only take bitcoin for payment… because it is untraceable.
Example 2: Do you really think that the central banks, and countries, are going to allow this to become used to circumvent paying taxes and wherever and whoever is actually the recipient of all this bitcoin mania receive the profits. Not going to happen.
While maybe some short term profit could be possible, long term this is going to have some amazing intrigue and story one day on the news.
GravityChanges Dad
From: GravityChanges
Sent: Saturday, December 07, 2013 10:34 AM
To: GravityChanges Dad
Subject: RE: jeeze
http://www.coinion2.dreamhosters.com/2013/12/07/united-states-dollar-almost-doubles-in-value-in-a-single-day/
United States dollar almost doubles in value in a single day AUTHOR Jakub Szypulka
DATE December 7, 2013
The United States dollar, a real-life currency created by a group of revolutionaries after overthrowing the local authorities in North America, has almost doubled in value over the last 24 hours.
Dollars per Bitcoin, with rise visible on the right side. source The currency, that has recently gained widespread adoption, with even sovereign nations choosing to use it, soared to a value that had not been seen since the end of November. Amidst noticeable turbulence on the world’s biggest forex markets in Japan, Slovenia and Shanghai, the United States dollar reached the price it last had on November 25th, 2013. The buck, as some enthusiasts colloquially refer to it, remains highly controversial. Opponents cite fundamental flaws, allowing the money to be created in essentially unlimited amounts. The currency is often used for criminal activities, and is completely anonymous. This is not the first time the currency has seen a fast rise in value. On April 10th this year, it rose over 60% in a single day. However, the fast rises are dangerously deceiving: after each such gain, the currency slowly devalued each time, in what can be described a slow-motion crash. Experts are advising against any kind of long-term investment in the United States dollar, as the currency has been losing value for 227 years in a row.
From: GravityChanges
Sent: Friday, December 13, 2013 5:50 PM
To: GravityChanges Dad
Subject: RE: jeeze
Good reads here naysayer: http://www.abc3340.com/story/24210408/digital-currency-comes-to-the-magic-city
http://edition.cnn.com/2013/12/10/business/will-bitcoin-replace-paypal/
http://money.cnn.com/2013/12/10/technology/bitcoin-currency-fred-wilson/index.html?sr=fb121113bitcoin11p
GravityChanges
From: GravityChanges Dad
Sent: Friday, December 13, 2013 7:19 PM
To: GravityChanges
Subject: RE: jeeze
Bitcoin is a foray for idle-minds and adventurous souls; of which I am neither. Be careful. If the US Government could take your Gold (1930’s) … move us off the gold reserve (1960’s) … and much much more… they can certainly outlaw the use of Bitcoins as a currency. If threatening the US Dollar what do you think the U.S. will do? I think I know the answer to that question.
GravityChanges Dad
From: GravityChanges
Sent: Friday, December 13, 2013 5:50 PM
To: GravityChanges Dad
Subject: RE: jeeze
I certainly agree that the government could (in theory) try to do what you described. In practice it is an international STORE of value and not a currency (just as you wouldn't buy bread with gold). It is more and more being accepted as currency though. Now if the U.S. government tried to destroy its value by similar exertion of power, it could in no way 'take' it away other than limit its use as local currency. It would remain an international store of value. What I believe is more than 50% likely is instead in the future (but too late to really benefit as they won't beat the Asians and some of Europe) the government will support legislation to help grow industries that nurture cryptocurrency. Will that currency be bitcoin? Probably, but there is a shred of possibility it will be a copycat that forks very slightly. Now if they don't do this (and this is ALREADY going on) they will greatly lead the U.S. economy to suffer.
E-commerce traffic and use (internet commercial transactions that replace 'going to a store') grew 50% from 2011 to 2012 and continue those trends (like WOW trends). The Czech republic has 1/4 of its TOTAL revenue from e-commerce. Ecommerce in China bought 37 billion from other countries and took in 376 billion (while growing at HIGH rates each year). From Russia to Brazil e-commerce is reshaping the way EVERYthing is bought and sold (which is a pretty important part of the economy, no?). The U.S. government eventually (previously) delegated and legislated unique regulations for the FTC to carry out in e-commerce to support this trend because if they didn't it would cripple the U.S. economy at a point in the near future. As a result of e-commerce many 'industries' like the travel agencies and bookstores have been completely obliterated in previous form. What you will see in the near future is a VERY similar chain of events with crypto-currency (which is NOT anonymous, but merely digital and semi-anonymous while separate from current central banks) replacing "the internet" in said equation-parallel. I believe that if the U.S. rule-makers have half a brain they will encourage, support, and legislate this sector in the near future (if they have a quarter of a brain it will be a little later, but still be) before it cripples our economy by turning e-commerce and international commerce (as well as a lucrative store of wealth) into the hands of other countries so far that there is no way of regaining a hold. If I am right then in your lifetime, just as bookstores and travel agencies have tried and failed to adapt in their previous embodiment, there will be MANY (yet not most) aspects of central banks that will cease to function or be used by customers and businesses. Simply put, e-commerce and the internet has unarguably been the most drastic change in the world since your birth. It has seeped not only into every aspect of commerce and the economy, but it will continue to gather market power. I do most of my shopping online (what generation and beyond do you think will be controlling the economy soon?). As this happens more and more businesses and industries will desire not to pay 3% or more to credit card companies and paypal. In combination to that, more and more individuals will desire to keep their "shopping" AND investment money in a currency/form that doesn't suffer from GOVERNMENT INDUCED inflation via printing money. Bitcoin has an absolute limit on the number that will ever be in existence. In order for my prophesy to not come into fruition you need MANY things to fail for bitcoin (not one country's government being ignorant).
I got interested in bitcoin early, but never wanted to invest because it always seemed like "too much money" when looking into the past prices as it was about $40 when I first wanted to get in and cents a few months previous. I very much believe that what we are STILL standing on though is the beginning of a revolutionary change as dramatic as the time between the creation of the internet and today. When I was young the internet was a thing that universities and geeks only knew of. When I was a kid the fictional Wargames and Weird Science movies and culture changes portrayed the internet as magic that no one normal could use and no one understood anything about. Then it became something with horribly designed geo-cities by the eccentric (almost a forerunner to blogs)... then came AOL and it brought ease of use, capitalism, and more casual applications like simple searches, an organized UI (user interface), chat rooms.. the internet picked up exponential steam! Soon AOL wasn't powerful enough to contain it and it EXPLODED into what it is today. It's use blew past recreation and it is the pillar of many industries and a boon to those it isn't. We are seeing the same path in terms of evolution and utilization with bitcoin (though it 'could' be said in future hindsight if bitcoin fails that the progression benefitted crypto-currency in general over bitcoin.. it WILL lead to either bitcoin or pseudo-bitcoin's prevalence and bitcoin IS the best bet). I first became interested in bitcoin during its geo-cities phase. I said the same things you are saying. Now I recognize that it is in that AOL phase I described. It is becoming more wide-spread and accessible with better user interfaces and casual applications, it is blowing up exponentially and our capitalist economy is grabbing hold (yet competing with international economies and markets of every kind). This will be a BIG change to the current view of stores of wealth. This will likely be a revolution in international and e-commerce. It is experiencing that exponential growth that the internet had at the tail end of AOL's reign and soon it will be too large and widespread for such simple and worthless ways to manipulate and utilize what bitcoin is just as people signed off AOL for the last time and really stepped into the internet (except for mom).
That is all,
GravityChanges
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Financial Times: Trader transcripts: 'If you ain’t cheating, you ain’t trying' -

Financial Times: Trader transcripts: 'If you ain’t cheating, you ain’t trying'
May 20, 2015
They were known as the “Cartel” or the “Mafia” among their peers. The unsubtle nicknames were given to a group of traders who at one time worked for five of the six banks that reached settlements on Wednesday with regulators over allegations they rigged the foreign exchange markets.
Transcripts from chatrooms used by those traders and others as they attempted to manipulate forex benchmarks and engaged in misleading sales practices towards their clients were published as part of the settlements.
Below is a selection of the exchanges (including original punctuation) from the settlements between Barclays and the New York State Department of Financial Services and the UK’s Financial Conduct Authority:
● Membership of the chatroom used by the “Cartel” was by invitation only. The FT has previously named the members of the “Cartel” as Rohan Ramchandani, Citi’s European head of spot trading, and Richard Usher, who moved from RBS to become JPMorgan’s chief currency dealer in London, and Matt Gardiner, who was at Barclays before joining UBS.
One Barclays trader, Chris Ashton, was desperate to join the chatroom when he became the bank’s main euro trader in 2011. After discussions as to whether the trader “would add value”, he was invited to join for a one-month “trial” but was warned by Mr Ramchandani: “Mess this up and sleep with one eye open at night.” Mr Ashton passed his “trial” and remained in the chatroom until it was shut down at some point in 2012.
● Traders used various strategies to try to manipulate fix rates, according to the NYDFS.
One method, known as “building ammo”, involved one trader building a large position in a currency and then unloading it just before or during the “fixing period” — a short period of time during which an average price is produced, at which large client transactions are executed — in an attempt to move the price favourably.
On January 6 2012, the head of Barclays’ FX spot desk in London attempted to manipulate the reference rate set by the European Central Bank by unloading €500m at the time of the fix. He wrote in the Cartel chatroom “I saved 500 for last second” and in another, “i had 500 to jam it.”
Another method was for traders at rival banks to agree to stay out of each other’s way at the time of the fix.
In one example, from June 2011, a Barclays trader told a counterpart at HSBC that another trader was building orders to execute at the fix contrary to HSBC’s orders. But the Barclays trader assisted HSBC by executing trades ahead of the fix to decrease the other trader’s orders. He wrote: “He paid me for 186 . . . so shioud have giot rid of main buyer for u.”
In another chat in December 2011, a Barclays trader told another at Citigroup: “If u bigger. He will step out of the way . . . We gonna help u.”
In the another example, traders in the US dollar-Brazilian real market colluded to manipulate it by agreeing to boycott local brokers to drive down competition. In October 2009, a trader at Royal Bank of Canada wrote: “everybody is in agreement in not accepting a local player as a broker?” A Barclays forex trader replied: “yes, the less competition the better.”
● Then there were numerous occasions, according to the NYDFS, from at least 2008 to 2014 when Barclays employees on the forex sales team engaged in misleading sales practices with clients by applying “hard mark-ups” to the prices that traders gave the sales team.
The level of mark-up was determined by calculating the best rate for Barclays that would not lead the client to question whether executing the transaction with the bank was a good idea.
One Barclays forex salesperson wrote in a chat to an employee at another bank in December 2009: “hard mark up is key . . . but i was taught early . . . u dont have clients . . . u dont make money . . . so dont be stupid.”
These mark-ups were a key source of revenue to Barclays, and generating them was made a high priority for sales managers. As a Barclays’ vice-president in New York (who later became co-head of UK FX hedge fund sales) wrote in a November 2010 chat: “markup is making sure you make the right decision on price . . . which is whats the worst price i can put on this where the customers decision to trade with me or give me future business doesn’t change . . . if you aint cheating, you aint trying.”
● In the FCA settlement, the regulator details an exchange between traders at Barclays and three other firms, refered to as X, Y and Z. Barclays was trying to trigger a client stop-loss order to buy £77m at a rate of 95 against another currency. If it could trigger the order, it would result in Barclays selling £77m to its client and the bank would profit it the average rate at which the bank had bought sterling in the market was below the rate at which the client had agreed to buy it.
In one exchange, firm X asked Barclays and firms Y and Z if they had any stop-loss orders — “u got...stops?” Barclays replied to say it had one for “80 quid” at a level of 95 and noted it was “primed like a coiled cobra...concentrating so hard...[as if] made of wax...[haven’t] even blinked”.
● While most of the settlements concerned manipulation of foreign exchange benchmarks, UBS inked a deal with the US Department of Justice in which it agreed to plead guilty to rigging Libor.
In once example, a broker commented to a UBS trader after a Yen Libor fix on June 10 2009: “mate yur getting bloody good at this libor game . . . think of me when yur on yur yacht in monaco wont yu”
In another conversation with a UBS trader after a Libor Yen fix on August 22 2008, a broker, identified as A1, commented about another broker, A2: “think [broker-A2] is your best broker in terms of value added :-)”.
The trader replied: “yeah . . . i reckon i owe him a lot more”, to which broker-A1 responded: “he’s ok with an annual champagne shipment, a few [drinking sessions] with [his supervisor] and a small bonus every now and then.”
submitted by wazzzzah to inthenews [link] [comments]

Financial Times: Trader transcripts: 'If you ain’t cheating, you ain’t trying' -

Financial Times: Trader transcripts: 'If you ain’t cheating, you ain’t trying'
May 20, 2015
They were known as the “Cartel” or the “Mafia” among their peers. The unsubtle nicknames were given to a group of traders who at one time worked for five of the six banks that reached settlements on Wednesday with regulators over allegations they rigged the foreign exchange markets.
Transcripts from chatrooms used by those traders and others as they attempted to manipulate forex benchmarks and engaged in misleading sales practices towards their clients were published as part of the settlements.
Below is a selection of the exchanges (including original punctuation) from the settlements between Barclays and the New York State Department of Financial Services and the UK’s Financial Conduct Authority:
● Membership of the chatroom used by the “Cartel” was by invitation only. The FT has previously named the members of the “Cartel” as Rohan Ramchandani, Citi’s European head of spot trading, and Richard Usher, who moved from RBS to become JPMorgan’s chief currency dealer in London, and Matt Gardiner, who was at Barclays before joining UBS.
One Barclays trader, Chris Ashton, was desperate to join the chatroom when he became the bank’s main euro trader in 2011. After discussions as to whether the trader “would add value”, he was invited to join for a one-month “trial” but was warned by Mr Ramchandani: “Mess this up and sleep with one eye open at night.” Mr Ashton passed his “trial” and remained in the chatroom until it was shut down at some point in 2012.
● Traders used various strategies to try to manipulate fix rates, according to the NYDFS.
One method, known as “building ammo”, involved one trader building a large position in a currency and then unloading it just before or during the “fixing period” — a short period of time during which an average price is produced, at which large client transactions are executed — in an attempt to move the price favourably.
On January 6 2012, the head of Barclays’ FX spot desk in London attempted to manipulate the reference rate set by the European Central Bank by unloading €500m at the time of the fix. He wrote in the Cartel chatroom “I saved 500 for last second” and in another, “i had 500 to jam it.”
Another method was for traders at rival banks to agree to stay out of each other’s way at the time of the fix.
In one example, from June 2011, a Barclays trader told a counterpart at HSBC that another trader was building orders to execute at the fix contrary to HSBC’s orders. But the Barclays trader assisted HSBC by executing trades ahead of the fix to decrease the other trader’s orders. He wrote: “He paid me for 186 . . . so shioud have giot rid of main buyer for u.”
In another chat in December 2011, a Barclays trader told another at Citigroup: “If u bigger. He will step out of the way . . . We gonna help u.”
In the another example, traders in the US dollar-Brazilian real market colluded to manipulate it by agreeing to boycott local brokers to drive down competition. In October 2009, a trader at Royal Bank of Canada wrote: “everybody is in agreement in not accepting a local player as a broker?” A Barclays forex trader replied: “yes, the less competition the better.”
● Then there were numerous occasions, according to the NYDFS, from at least 2008 to 2014 when Barclays employees on the forex sales team engaged in misleading sales practices with clients by applying “hard mark-ups” to the prices that traders gave the sales team.
The level of mark-up was determined by calculating the best rate for Barclays that would not lead the client to question whether executing the transaction with the bank was a good idea.
One Barclays forex salesperson wrote in a chat to an employee at another bank in December 2009: “hard mark up is key . . . but i was taught early . . . u dont have clients . . . u dont make money . . . so dont be stupid.”
These mark-ups were a key source of revenue to Barclays, and generating them was made a high priority for sales managers. As a Barclays’ vice-president in New York (who later became co-head of UK FX hedge fund sales) wrote in a November 2010 chat: “markup is making sure you make the right decision on price . . . which is whats the worst price i can put on this where the customers decision to trade with me or give me future business doesn’t change . . . if you aint cheating, you aint trying.”
● In the FCA settlement, the regulator details an exchange between traders at Barclays and three other firms, refered to as X, Y and Z. Barclays was trying to trigger a client stop-loss order to buy £77m at a rate of 95 against another currency. If it could trigger the order, it would result in Barclays selling £77m to its client and the bank would profit it the average rate at which the bank had bought sterling in the market was below the rate at which the client had agreed to buy it.
In one exchange, firm X asked Barclays and firms Y and Z if they had any stop-loss orders — “u got...stops?” Barclays replied to say it had one for “80 quid” at a level of 95 and noted it was “primed like a coiled cobra...concentrating so hard...[as if] made of wax...[haven’t] even blinked”.
● While most of the settlements concerned manipulation of foreign exchange benchmarks, UBS inked a deal with the US Department of Justice in which it agreed to plead guilty to rigging Libor.
In once example, a broker commented to a UBS trader after a Yen Libor fix on June 10 2009: “mate yur getting bloody good at this libor game . . . think of me when yur on yur yacht in monaco wont yu”
In another conversation with a UBS trader after a Libor Yen fix on August 22 2008, a broker, identified as A1, commented about another broker, A2: “think [broker-A2] is your best broker in terms of value added :-)”.
The trader replied: “yeah . . . i reckon i owe him a lot more”, to which broker-A1 responded: “he’s ok with an annual champagne shipment, a few [drinking sessions] with [his supervisor] and a small bonus every now and then.”
submitted by wazzzzah to Money [link] [comments]

Easy Forex Daily Video - November 2, 2012 - YouTube Easy Forex Daily Video - November 16, 2012 - YouTube Forex Video analysis 14th November 2012 - YouTube Forex Market Preview November 8 2012 - Trade Advisor Pro UFXMarkets Daily Forex Currency Trading News 7-November-2012 AUD/USD Technical Analysis for November 7, 2012 by FXEmpire.com

The Forex monthly outlook for November 2012 is available for subscribers of the Forex Crunch newsletter. Fore the first time, it is available both on the site and in PDF format.. To download it for free, just join the mailing list below. Welcome to November monthly report from Forex Crunch. October saw significantly slower markets in the aftermath of QE3, and as no major breakthroughs were ... Technical Analysis, November 26th — November 30th, 2012; Wheat Rallies Amid Fears of Dry Weather; Precious Metals Show Mixed Performance During Thanksgiving; Video: What Moves the Price of Gold? Crude Oil Rebound as Tension in Middle East Returns; Video: Gold, Silver, Oil & Natural Gas Forecasts for November 21; Crude Oil Retreats on Signs of Cease-Fire in Middle East; Bleak Outlook for ... November 30, 2012 at 12:51 Great Britain Pound. The Great Britain pound weakened against the euro today as Forex traders were hoping that the European crisis can be resolved and such hopes diminished appeal of the sterling as a haven against Europe’s troubles. The UK currency also fell versus the US dollar, erasing its previous gains. Rupee’s Appeal for Investors Increases. November 30 ... Thursday, November 15, 2012. FOREX TRADING FOR BEGINNERS. HELLO & WELCOME PROSPECTIVE FOREX TRADER . FOREX TRADING FOR BEGINNERS This is my very first blog in a series of Forex blogs explaining what Foreign exchange trading is, how Fx works, how lucrative Forex is, how to monitor Foreign exchange rates and how fast you can make money with Foreign exchange, if you have the temperament for ... Monthly Archive: November, 2012. November 25, 2012. 0 Comments. COMING WEEKS’ 10 MARKET MOVERS: THEIR BIG LESSON FOR 2013 The top market movers for this week could also be the top market drivers for the rest of the year, for traders and investors of stocks, forex, and most other global markets. Their… Continue reading → November 18, 2012. 0 Comments. COMING WEEK MARKET MOVERS: 10 SOURCES ... Reviews of Forex Products November 3, 2012 Hedge Fund Trader X. The purpose of this page is to encourage and collect the user reviews of a Forex product called Hedge Fund Trader X. To get… Read More. Search for: Archives. February 2020 (1) November 2019 (1) August 2016 (4) July 2016 (1) May 2016 (1) February 2016 (1) January 2016 (4) November 2015 (2) September 2015 (3) August 2015 (10 ... Friday, 2 November 2012. Do Forex Mobile Trading and Enjoy High Profit Potential . With the popularity of currency trading and the using of advanced technology in mobile device, more and more traders are able to be accessible to forex mobile application on their portable smart phones, which is really a blessing for traders for they are able to watch the forex market movements, do market ...

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Easy Forex Daily Video - November 2, 2012 - YouTube

Easy Forex - http://www.easy-forex.com/ - Risk appetite wanes Don't forget to subscribe to our YouTube channel! For more currency & commodity news & info, visit http://ufx.co/UFXM-youtube... The US Dollar fell versus most majors as investors began earlier today to pric... FX Currency Majors Video analysis for 14th November 2012. The charting software being used is Metastock Pro11 & the strategy setup taught by Serene Education... Easy Forex - http://www.easy-forex.com/ - Focus on NFP Don't forget to subscribe to our YouTube channel! http://tradeadvisorpro.com/forex-articles/forex-market-preview-november-8-2012/ Go the website to view today's market preview. http://www.fxempire.com/ - November 7, 2012 currency daily technical analysis for the AUD/USD pair. Find more information about Forex News (http://www.fxempi...

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