
Facebook is expected to provide details on Tuesday of a virtual currency, or cryptocurrency, it plans to launch next year.
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Facebook said it hopes the currency, dubbed GlobalCoin, will avoid the rollercoaster volatility of “blockchain” technologies such as bitcoin.
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Cryptocurrencies, such as bitcoin, employ encryption techniques to regulate the generation of units of currency and verify the transfer of funds. Decentralized, they operating independently of a central bank.
Facebook to introduce new cryptocurrency
Posted By -NO AUTHOR
On 06/17/2019 @ 6:15 pm
https://www.wnd.com/2019/06/facebook-to-introduce-new-cryptocurrency/
Bitcoin was always worth less than fictional T.C.s. Watch this 1950 movie if you do not know what a T.C. is. If you do not want to watch the entire movie move the cursor to near the end and watch T.C. Jeffords burn a trunk full of T.C.s. before he gets shot.
The name is the only difference between cryptocurrency and T.C.s that begs a question: Who gets shot after they burn up cryptocurrency?
Bitcoin is a fraud that will ultimately blow up, according to JP Morgan boss Jamie Dimon, who said the digital currency was only fit for use by drug dealers, murderers and people living in places such as North Korea.
Speaking at a conference in New York, the boss of America’s biggest bank said he would fire “in a second” anyone at the investment bank found to be trading in bitcoin. “For two reasons: it’s against our rules, and they’re stupid. And both are dangerous.”
Speaking at a conference in New York, the boss of America’s biggest bank said he would fire “in a second” anyone at the investment bank found to be trading in bitcoin. “For two reasons: it’s against our rules, and they’re stupid. And both are dangerous.”
Bitcoin is a fraud that will blow up, says JP Morgan boss
Angela Monaghan
Wed 13 Sep ‘17 06.26 EDT
https://www.theguardian.com/technol...n-fraud-jp-morgan-cryptocurrency-drug-dealers
Angela Monaghan
Wed 13 Sep ‘17 06.26 EDT
https://www.theguardian.com/technol...n-fraud-jp-morgan-cryptocurrency-drug-dealers
A hospital in the UK sprung a new one on me with “behavioral addiction.” Sticking a needle in your arm, or placing your money on a roulette wheel is behavior. Suckers who read the Daily Racing Form, or study the stock market, is behavior that justifies the wagers. In short: There is no addiction until money changes hands. “Behavioral addiction.” in this article prompted me to revisit my views on every addiction:
Healthcare experts say that crypto trading can become a behavioral addiction and that addicts in these cases are hooked on monitoring the minute-by-minute fluctuations in the market value of their traded tokens.
Addicted to Trading? Scottish Hospital Treats Cryptocurrency Addiction
Published: 28/05/2018 20:50
Conor Maloney @iWriteCrypto
https://www.ccn.com/addicted-to-trading-scottish-hospital-treats-cryptocurrency-addiction/
Published: 28/05/2018 20:50
Conor Maloney @iWriteCrypto
https://www.ccn.com/addicted-to-trading-scottish-hospital-treats-cryptocurrency-addiction/
Drug and alcohol addicts know that their behavior is an addiction. Bitcoin addicts certainly know gambling is an addiction, but that does not stop them from “investing.”
Gambling is addictive. So is eating a pound of chocolate every day. Collecting ‘things’ is addictive. Just think of all those stories about hoarders filling their apartments to the ceilings.
People on message boards defending television remind me of dug addicts protecting their pushers. Drug addicts are said to have a monkey on their backs. Television addicts are being ridden hard by a gorilla.
There have been countless books, seminars, clinics, cures, charities, and TV talk shows devoted to every addiction known to man except one: Addiction to television.
If you cannot accept that TV is an addiction, or admit that you might be an addict, think about the withdrawal symptoms you will experience should television suddenly disappear from your life. Better still, go cold turkey and pull the plug on your TV. Then examine your withdrawal symptoms when you start missing your daily fixes. (Most TV addicts will scream for a booster shot in less than a week.)
Every addiction has an overpowering influence on society in that every addiction has bootleggers making money from the personality who buy whatever is being sold. Television is the most destructive addiction ever sold to the public by government drug pushers. No sane person wants drug pushers in their life, yet billions worldwide invite liberalism’s pushers into their homes every day. Not only that, those same people encourage their children to listen to the bootleggers for hours on end.
Americans have a healthy distrust of government, yet many believe every word television tells them in entertainment shows and news broadcasts. A strange aberration to say the least.
It has been my experience that Lefties who would silence someone else’s opinion deceive themselves into believing that their own view is a universal truth rather than an opinion based upon their own personal bias. The fun begins when idiots express opinions. An idiot’s opinion remains the opinion of an idiot; it does not take on weight because it is said on television or in cyberspace.
The glass crutch
When a drunk is drinking he or she can lick the world. They do not need, or want, anything except their little cup of happiness, or courage, or love, or whatever the individual drunk wants the glass crutch to be.
When drunks go on the water wagon they do not throw away their crutch —— they replace it with a loved one, a friend, an employer; anyone they can find who will not dump them. People who cannot handle alcohol, but still insist on drinking adult beverages, are social cripples who need a crutch in order to function sober or drunk. Alcoholism is no more complicated than that.
If you allow yourself to become a glass crutch for a sober rummy you have nobody to blame but yourself for whatever comes your way. Family members almost always reach a breaking point and walk away from a drunk; usually after they have suffered a great deal of emotional damage. Walking away is called tough love.
Note that alcoholism is a unique addiction in that drinking sensibly is considered a social grace.
Addicts of every stripe come up with creative excuses rather than stop feeding their addictions. Making excuses
is one of the symptoms all addicts have in common.
There was a time when everyone knew that a reformed drunk was the most annoying person in the world. Once they sobered up they immediately began telling everyone how to live. Amended drunks never have the good sense to take a lesson from tarts who would not dream of telling anyone how to love after they, the tarts, resurrect their virginity. Sensible people understood this and ignored sober drunks, but that is getting harder to do nowadays. Prominent rehabilitated drunks became the Left’s newest gurus while nobody was looking.
Public confessions came about because Socialists/Communists always thought if they did away with private property they would do away with most of the sins in the world. As it turns out they were wrong. Collective ownership of real property led to collective sin followed by collective guilt as public confessions clearly demonstrate. Indeed, a confession announced on a talk show is a good career move these days.
The run of the mill booze hound is seen as a social pariah condemned to share his or her guilt on a catch-as-catch-can basis.
The best kept secret in soul baring is that only the rich and famous are granted universal absolution by a talk show host. The penance imposed on a famous person after publically admitting to impetuous tippling always revitalizes a career which, I suspect, prompted the confession in the first place.
In my youth, I sailed the seven seas and drank with the best of them who never drew a sober breath. That does not mean I will throw in with a reformed lush moralizing whether it be in print or on television. I guess I am trying to find out why famous dry drunks, usually from among the ranks of Hollywood’s legions, have any more to say that is worth listening to than does your average terpentine connoisseur who also saw the light?
Having once been a falling down drunk does not give anybody special insight into anything except how to fall down.
Successful people are not alcoholics —— they are heavy drinkers. Many show biz folk were known for justifying tippling. Famous comedian from a bygone era, Joe E. Lewis, was noted for his drinking. One of his lines is a classic: "You see more old drunks than you see old doctors."
The late Bing Crosby was a "heavy drinker." Bing used to tell the story about the time he and his drinking buddy, Phil Harris, were driving back to their hotel after a day of golfing in Scotland. The road they were on went past a scotch distillery. It was nighttime and the road was dark, but the plant was all lit up and obviously a beehive of activity.
Bing joked "See Phil, they can make it faster than you can drink it."
Harris replied "Yeah, but I got them working nights."
I have never been an uptight teetotaler; so I have nothing against an adult who can handle a couple of heave-aheads without losing their job, kicking the dog, punching out illiterate librarians, and all the rest of the charges a few drunks are certainly guilty of. In fact, being around happy drunks when they are in their cups is a damned sight more fun than being around Communist/Socialist priests in any condition.
The public trough addiction
In my mind drunks and environmental addicts have a lot in common. Even if I engage in psycho-babble to the best of my abilities, I doubt if anyone else will see the connection between rum pots and environmentalists the way I see it. Let me try anyway.
The environmental addiction is sui generis in that their behavior addiction feeds at the public trough.
The major difference between environmental addicts and drunks is that drunks lean on individuals; whereas, environmental addicts lean on tax dollars to get through those terrifying nights when sleep will not come because somewhere in the world somebody is stepping on a cockroach.
Environmental addicts are social cripples driven to acquire control in order to compensate for their infirmities. Environmental addicts are absolutely certain their deficiencies provides them with superior insight.
NOTE: At least boozers and drug addicts had to work or steal to feed their addictions. Environmental addicts are the government’s costumers who get it free. Simply stated: Whoever heard of a tax dollar environmentalist leaning on family and friends for financial aid?
I never met an environmental true believer who did not start preaching about saving this, that, or the next thing the minute they smelled an opening. Many years ago I met one who went on and on about saving a few patches of dead coral reef because it took nature millions of years to make them. He swore they were objects of beauty. I swore they looked like rocks. The truth: Environmental addicts are not interested in saving rocks or roaches; they insist on saving the world for posterity, even when it does not need saving.
The gambling addiction
OTB put a dent in neighborhood bookmakers. Accepting markers from the saps is the only way makers can survive:
Top Court Paves Way for Legalized Sports Betting
George Tsartsianidis/Dreamstime)
Monday, 14 May 2018 10:24 AM
https://www.newsmax.com/finance/economy/court-legalized-sports-betting/2018/05/14/id/860161/
George Tsartsianidis/Dreamstime)
Monday, 14 May 2018 10:24 AM
https://www.newsmax.com/finance/economy/court-legalized-sports-betting/2018/05/14/id/860161/
I am not sure how Wall Street’s gambling casinos will deal with sports betting. Betting in Wall Street casinos is called investing. Wall Street sharpshooters can hardly call sports betting investing.
Incidentally, wise guys will tell you “Never bet on anything that walks on two legs.” I think they meant stock brokers, wrestlers, and roosters.
Do not get me wrong. I have no objections to gambling. I do object to the government shilling for the casinos.
Always remember that poker or pinochle —— golf or tennis —— are GAMES. Every game requires precise skills; hence, the most skilled player will beat the addict every time. Conversely, skilled game players are notoriously poor gamblers. The best poker player in the world cannot predict the winner in a walkover.
Betting on the gees-gees, or the galloping dominoes, or buying stocks is gambling. So if you are an addict do not send for the gendarmes when you lose.
The charity hustle addiction
Charity addicts suckered by institutional compassion are the worst of the lot. Much worse than every other addict. Charity bootleggers have been around since the first government was formed. They will be around forever because addiction-free individuals are forced to support the charity addiction. Inevitably, being forced to pay the bootleggers ends up by working for the addicts physically, financially, and politically. In short: Charity addicts do not care how many addicts they create well-knowing society will pay to care for them without curing them.
Finally, weakness, or genes, or lack of character, does not create an addict. Gullibility is the stuff addicts are made of.