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Cryptoanarchists might worry about breaking state election laws?
by pro2rat＠yahoo.com.au 22 Jun '23

22 Jun '23

I doubt they will - but they'd be better informed about such matters from sites I quote semi-regularly than anything garbage-scow Gramps dredges up. The grarpamps moron also sez Donald Dumbfuck won! Such assertions without evidence may be dismissed without examination. DEATH to AMERICA!

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Cryptocurrency: Fixes The Waterworks Of Money
by grarpamp 22 Jun '23

22 Jun '23

The Waterworks Of Money The money system visualized as an irrigation system https://www.waterworksofmoney.com/ https://www.kunstmuseum.nl/en/exhibitions/future-our-money https://nieuweinstituut.nl/en/events/opening-plumbing-the-system https://www.worldwideerc.org/news/global-workforce/workers-pay-lagging-behi… https://johnhcochrane.blogspot.com/2019/03/central-bank-independence.html https://www.rollingstone.com/politics/politics-news/how-wall-street-is-usin… https://global.oup.com/academic/product/bank-politics-9780192898609 https://www.axios.com/2022/03/31/corporate-profits-new-record-high-2021 https://www.somo.nl/shareholder-remuneration-up-by-500-in-20-years/ https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio https://www.ft.com/content/1a09d4e6-e3d6-40f9-903f-2771ad7e4e0a https://cdn.janushenderson.com/webdocs/H050182_0522_English_Issue+34.pdf https://press.spglobal.com/2023-03-21-S-P-500-Q4-2022-Buybacks-Tick-up,-As-… https://www.morganstanley.com/ideas/mergers-and-acquisitions-outlook-2022-c… Authors: Carlijn Kingma (cartographer), Thomas Bollen (investigative journalist) and Martijn van der Linden (professor New Finance at The Hague University of Applied Sciences). Most countries are dealing with a ‘cost of living crisis’. High inflation is eating into the budgets of ordinary people, which were already tight. Over the past decade wages have fallen sharply behind compared to corporate profits and shareholder remuneration. Meanwhile the collapse of US banks and the bailout of Swiss banking giant Credit Suisse show that financial instability remains an ongoing threat. And there may be more skeletons in the closet. Not only within the tightly regulated banking sector, but also at ‘non-banks’. In April 2023 Klaas Knot, chair of the Financial Stability Board, warned for the known unknowns at other financial institutions: ‘If they are hidden for a very long period of time, sometimes the problem then grows so big, that it only becomes unhidden or visible when it's too big to deal with.’ The problems of cost of living and financial instability cannot be seen in isolation from the design of our money system. Floods and droughts The money system is to the economy what an irrigation system is for farming lands. Just as irrigation helps crops grow, money allows the economy to flourish. But if the architecture is fragile, or the sluices and floodgates are mismanaged, severe droughts will cause hardship and suffering. During the past decade the super-rich and large corporations could borrow at record low interest rates. In 2019 hedge fund billionaire Ray Dalio warned of the consequences of what he considered a ‘broken system’. He pointed out that while ‘money is essentially free for those who already have money and creditworthiness’, it’s ‘essentially unavailable’ to those who don’t. This, he explained, contributes to the widening wealth gap, opportunity gap, and political divides we see today. The financial sector flooded certain parts of the economy while other parts remained parched. During the pandemic the floodgates were opened even further. Although some free paychecks were sent to the people at the bottom of society – in the US for example several programmes were rolled out to support the unemployed – the chasm between the poor and rich grew further. The easy money boosted the markets for yacht-backed-loans and securities, dividends, share buy-backs, and M&A deals to new highs in 2021 and 2022. This came at the price of higher inflation. Ordinary citizens in many countries now struggle to make ends meet. Even despite pay raises, their real wages (accounting for the net effects of inflation) have further declined. ‘The Waterworks of Money’, an architectural map of the money system drawn by cartographer Carlijn Kingma The two-tiered state Fixing the design flaws within society’s irrigation system is not a commercial or technocratic task, but a democratic one – or as the American economist John H. Cochrane succinctly put it: ‘We voters need to tell our politicians which kind of central bank we want.’ The same applies for other parts of our money system; the payment infrastructure, the tax regime and the investment of our pension savings. Who gets the power to create and allocate new money––and for what purposes? How can we make large corporations pay their fair share of taxes instead of shifting the burden to family businesses? And what needs to be done if we want the rules of a market economy to apply for the banking sector as well? Answering the big questions that shape our economy, requires continuous political engagement. In a democracy, the power to design the money system––and the laws and institutions that govern it––is ultimately in the hands of the people. However, in practice there is a big obstacle impeding the democratic process. ‘In the age of the CDS and CDO, most of us are financial illiterates,’ wrote US financial journalist Matt Taibbi in 2009. Taibbi tried to raise awareness of the dangers of ‘financial illiteracy’. He argued that by making finance needlessly complex, the bankers transformed our democracy into a ‘two-tiered state, one with plugged-in financial bureaucrats above and clueless customers below.’ Anyone unfamiliar with the jargon of economists, bankers and tax experts is excluded from the public debate on how our monetary system should work. Why reform is necessary After every crisis, the consequences of this exclusion become visible. In the aftermath of 2009, ordinary citizens footed the bill for the bank bailouts––the US Treasury spent 420 billion dollars and European countries roughly 1.6 trillion euros (Estimated costs of bailouts by EU member state governments €1.6tn, US $426.4bn. Howarth, D., and S. James (2022). Banking Politics: Structural Reform in Comparative Perspective. Oxford: Oxford University Press). Meanwhile, the bankers were negotiating the conditions of their own rescue packages and drafted future regulations. The actual power over our monetary architecture is in the hands of a small and exclusive group – often employed by, or with close ties to the financial sector. In essence, they propped up the existing banking architecture, without addressing the fundamental design flaws that make it so fragile. When former American president Barack Obama signed the new banking regulations in 2010 he said: ‘There will be no more tax-funded bailouts. Period.’ However, in 2023 the US government had to dip into the public purse again to save four large banks from bankruptcy, and prevent ‘contagion’ to the rest of the financial system. Privatizing profits while socializing risks and losses has become standard practice. The Waterworks of Money In his 2009 polemic Taibbi concluded: ‘There is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power.’ To put the power back into the hands of the people, we need to demystify the world of finance. With this mission in mind, we (cartographer Carlijn Kingma, investigative financial journalist Thomas Bollen, and professor New Finance Martijn van der Linden) worked for two and half years to map ‘The Waterworks of Money’, an architectural visualization of our money system that bypasses the economic jargon. Kingma spent 2300 hours drawing this map by hand, based on in-depth research and interviews with more than 100 experts––from central bank governors and board members of pension funds and banks to politicians and monetary activists. In an animated video, we walk you through a metaphorical representation of our money system, its hidden power made manifest. Only if ordinary citizens develop their own vocabulary to participate in the debate about our money system, can they tell their politicians which kind of ‘financial irrigation system’ they want. The Waterworks of Money is at the moment exhibited in Kunstmuseum Den Haag, and reproductions can be seen at the Dutch pavilion at the Venice Biennale. For more info, see waterworksofmoney.com

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Cypherpunks MoneyBadger
by pro2rat＠yahoo.com.au 21 Jun '23

21 Jun '23

Hodl Hodl @hodlhodl · 6h Announcing a new initiative within Baltic Honeybadger: CYPHERPUNK STAGE! 🥷 This stage will be dedicated to privacy, OPSEC, freedom of speech, open source and freedom-ensuring tech. CONTENT FROM THIS STAGE WON'T BE RECORDED OR STREAMED! No photo / video allowed. https://twitter.com/hodlhodl/status/1671542550866415622?cxt=HHwWjMC-tYDGwbI… Reposts not blue Hawaiian meth but honest biker crank

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BREAKING: Ex-Goldman Banker Convicted Of Insider Trading
by Gunnar Larson 21 Jun '23

21 Jun '23

BREAKING: Ex-Goldman Banker Convicted Of Insider Trading By Stewart Bishop A former Goldman Sachs investment banker on Wednesday was convicted on insider trading charges, stemming from accusations that he passed the financial giant's confidential deal information to a close friend who secretly traded on the tips in his brother's account. https://www.law360.com/banking/articles/1691428?nl_pk=99a2a594-20ad-4b2f-a2…

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Bloomberg https://www.bloomberg.com › articles McAfee Founder's Neighbor Dead in Belize After Dogs Poisoned
by Gunnar Larson 21 Jun '23

21 Jun '23

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bloomberg.…

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Re: MIA Coin and POX Kleptocracy: CORRUPTION FIN-2022-A001 - SAR 38(m).
by Gunnar Larson 21 Jun '23

21 Jun '23

Dear Department of the Treasury: Today marks one year and one week from FinCEN's Resource Center's prompt to contact you concerning potential NYCCoin and MIA Coin Kleptocracy powered by STX. Given FinCEN's alert on kleptocracy and public corruption we kindly seek guidance. Thank you, Gunnar Gunnar Larson xNY.io - Bank.org 917-580-8053 On Wed, Apr 20, 2022, 4:38 PM Gunnar Larson <g(a)xny.io> wrote: > Dear Department of the Treasury: > > From the prompt of FinCEN's Resource Center, the details below are kindly > submitted to your esteemed attention. > > Please let me know if I can be of any assistance. > > Sending you the very best regards. > > Thank you, > > Gunnar Larson > -- > *Gunnar Larson - xNY.io <http://www.xny.io/> - Bank.org <http://bank.org/>* > MSc > <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - > Digital Currency > MBA > <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship > and Innovation (ip) > > G(a)xNY.io > +1-646-454-9107 > New York, New York 10001 > > ---------- Forwarded message --------- > From: Gunnar Larson <g(a)xny.io> > Date: Fri, Apr 15, 2022 at 1:17 PM > Subject: MIA Coin and POX Kleptocracy: CORRUPTION FIN-2022-A001 - SAR > 38(m). > To: <FRC(a)fincen.gov> > Cc: cypherpunks <cypherpunks(a)lists.cpunks.org> > > > Dear FinCEN: > > xNY.io - Bank.org, PBC thanks you for sending yesterday's advisory on > kleptocracy and foreign public corruption. We have made 30 highlights to > the FIN-2022-A001 > <https://drive.google.com/file/d/1yF3qDQG19J-qN1vUPC36lQfVClq3HPXB/view?usp=…> > advisory for reference. > > *The aim of today's memo is to learn FinCEN's insights into MIA Coin and > the consensus algorithm Proof of Transfer (POX). xNY.io - Bank.org, PBC is > concerned about potential MIA Coin and City Coin kleptocracy that may be > affecting our global enterprise. * > > *FinCEN may note that NYCCoin is illegal in New York State, given the > BitLicense mandate. As such, we are not concerned with NYCCoin's legality > given the clear BitLicense mandate. * > > - On February 4, 2022 we submitted a City of Miami records request for > any and all correspondence between the City of Miami concerning CityCoins, > MIA Coin and Stacks (STX). Additionally, any and all related correspondence > concerning CityCoins, MIA Coin, Stacks (STX), Digital World Acquisition > Corp and Harvard Management Company. > - Today, April 15, 2022 > <https://drive.google.com/file/d/1OyVUBq8PcG7SVZ5lUp_oWyL0IDAR5uTP/view?usp=…> > we have yet to receive the 13, 092 records. Attached you will find our > latest correspondence with Miami, notifying them of our intention to > contact FinCEN concerning MIA Coin and POX. > - Conducting independent marketplace research, xNY.io - Bank.org, PBC > established a premise to potential kleptocracy between the City of Miami > and City Coins, of Iceland <https://who.is/whois/citycoins.co> > international registration. Furthermore, MineMiamiCoin.com is registered > in Germany <https://who.is/whois/minemiamicoin.com>. > - Please find the City of Miami's resolution > <https://drive.google.com/file/d/1IrQwP46alrnQXRxIoXxm8kifZMVTRB_x/view?usp=…>approving > gifts from City Coins ... Furthermore, City Coins suggests a $25,000 > "reward" > <https://drive.google.com/file/d/1Eb2Q-LZNApwQRyjbBcD5-_yEW0Id51QD/view?usp=…> > (that may be confused as bribery) for Mayors who participate. > > MIA Coin is powered by POX > <https://drive.google.com/file/d/1wL2kN6aMfsyT-T7g01YJSBB8meMn2SWg/view?usp=…>, > a computer protocol that may exploit the U.S. and international financial > systems to launder illicit gains, including through the use of shell > companies, offshore financial centers, and professional service providers > who enable the movement and laundering. > > MIA Coin' POX protocol is a wealth extraction tool that unfairly rewards > an inside group of miners, rewarding patronage networks that benefit his > inner circle and regime. These practices harm the competitive landscape of > financial markets and often have long-term corrosive effects on good > governance, democratic institutions, and human rights standards. > > FinCEN, we are concerned Miami's City Coin > <https://drive.google.com/file/d/1IrQwP46alrnQXRxIoXxm8kifZMVTRB_x/view> > resolution potentially confirms Miami leaders as kleptocrats, using their > position and influence to enrich themselves and their networks of corrupt > actors. > > Finally, we understand that MIA Coin and POX operations are powered by > international data warehouses, located in Iceland, Germany and Hong Kong. > For these reasons, given FinCEN's alert on kleptocracy and foreign public > corruption we kindly seek guidance. > > Sending you the very best regards. > > Thank you, > > Gunnar Larson > -- > *Gunnar Larson - xNY.io <http://www.xNY.io> - Bank.org <http://Bank.org>, > PBC* > MSc > <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> > - Digital Currency > MBA > <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> > - Entrepreneurship and Innovation (ip) > > G(a)xNY.io > +1-646-454-9107 > New York, New York 10001 > > ---------- Forwarded message --------- > From: Financial Crimes Enforcement Network < > fincenupdates(a)public.govdelivery.com> > Date: Thu, Apr 14, 2022 at 2:46 PM > Subject: FinCEN Updates: FinCEN Issues Advisory on Kleptocracy and Foreign > Public Corruption > To: <g(a)xny.io> > > > *You are subscribed to FinCEN Updates. The information below is available > at Fincen.gov.* > > *FinCEN Issues Advisory on Kleptocracy and Foreign Public Corruption* > > The Financial Crimes Enforcement Network (FinCEN) today issued an advisory > on kleptocracy and foreign public corruption, urging financial institutions > to focus their efforts on detecting the proceeds of foreign public > corruption — a priority for the U.S. Government as it continues to > implement the U.S. Strategy on Countering Corruption > <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDAsInVy…>. > The advisory provides typologies and potential indicators of kleptocracy > and other forms of foreign public corruption, namely bribery, embezzlement, > extortion, and the misappropriation of public assets. > > *News Release:* > > > https://www.fincen.gov/news/news-releases/fincen-issues-advisory-kleptocrac… > <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDEsInVy…> > > *Advisory: * > > https://www.fincen.gov/resources/advisories/fincen-advisory-fin-2022-a001 > <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDIsInVy…> >

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Feds Say Ex-Goldman Exec Lied At Insider Trading Trial
by Gunnar Larson 21 Jun '23

21 Jun '23

By Stewart Bishop A Manhattan federal prosecutor on Tuesday told jurors that the government's insider trading case against former Goldman Sachs investment banker Brijesh Goel is rock solid and that he lied on the witness stand, while the defense argued that his former best friend and sole cooperating witness was the real fraudster. https://www.law360.com/mergersacquisitions/articles/1690907?nl_pk=8bba16ad-…

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DOJ To Scope Bank Mergers With Wider Antitrust Lens
by Gunnar Larson 21 Jun '23

21 Jun '23

By Jon Hill The U.S. Department of Justice's top antitrust official said Tuesday that his division will take a more expansive view of potential competitive effects when reviewing proposed bank mergers, signaling a shift that could mean tougher scrutiny for transactions involving larger banks. https://www.law360.com/competition/articles/1690583?nl_pk=2063be2d-1a29-43b…

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Feds Seek 7 Years, Crypto Thief Seeks 'Time Served'
by Gunnar Larson 21 Jun '23

21 Jun '23

By Dorothy Atkins A U.K. citizen who pled guilty to a wide range of online crimes, including "swatting" executives and a California teenager, hacking celebrity Twitter accounts and stealing $800,000 in cryptocurrency, asked a New York federal judge Monday for a lenient sentence of time served, while prosecutors pushed for seven years behind bars. https://www.law360.co.uk/financial-services-uk/articles/1690476?nl_pk=4fb41…

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Cryptocurrency: US GovBank EDX ETFs vs BRICS... The Race For Sound Money
by grarpamp 21 Jun '23

21 Jun '23

With countries fleeing worthless USD and US Treasuries, the USA has option to try to +1 the BRICS's rising gold+commod+etc money play by racing to adopt the only remaining higher form of money first before its competitors do... crypto finance at the speed of light, BTC freed upon international markets and into the hands of US users.

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