AOC And Her High-Minded, Hypocritical Rants Against Capitalism

Here we go again. Alexandria Ocasio Cortez continues to separate herself from moderate Democrats. She has now gone on the record with some more devastatingly narrow opinions on capitalism itself. Speaking at the South by Southwest Conference in Austin Texas, the idiot firebrand had the following thing to say about our economic model: “Capitalism is an ideology of capital – the most important thing is the concentration of capital and to seek and maximize profit…so to me capitalism is irredeemable.” Bold statements like this are precisely the sort of thing that gets AOC compared to Trump. She speaks in an

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Brazilian Exchange Mercado Bitcoin Wins $350,000 Legal Tussle Against Banco Santander

The Court of Justice in São Paulo, Brazil, has recently ruled Banco Santander has to unfreeze the account of a local cryptocurrency exchange, Mercado Bitcoin, with over 1.35 million reals ($ 350,000) in it. This, after determining a “lack of regulations doesn’t make a criminal activity”. According to local news outlet Portal do Bitcoin, judge Renata Barros Souto Maior Baião ruled in favor of the cryptocurrency exchange after determining bank Santander acted in an abusive way, as it apprehended the resources of Mercado Bitcoin “over fraudulent operations conducted by third parties.” As a result, Santander was forced to unfreeze the

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‘I Don’t Understand!’: Watch Ripple’s CEO Rant Against JPMorgan’s Cryptocurrency

In a Brad Garlinghouse vs. Jamie Dimon crypto showdown, the Ripple chief is not the least bit intimidated by his Wall Street rival. Ripple CEO Unloads on JPMorgan Cryptocurrency at DC Blockchain Summit Garlinghouse was featured as the keynote speaker at DC Blockchain Summit 2019, where he gave a fireside chat with Nasdaq’s Jill Malandrino. The elephant in the room, metaphorically speaking, was the recent news of Wall Street bank JPMorgan issuing the so-called “cryptocurrency JPM Coin for its institutional clients. Garlinghouse, who has been known to sport red socks with his suit, didn’t back down from the line of

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US Mt Gox Victims Notch Legal Win Against CEO of Infamous Bitcoin Exchange

Mark Karpeles, the former CEO of the notorious Mt Gox, has lost the motion to strike a lawsuit against him on the grounds that plaintiffs – specifically the defunct bitcoin exchange’s US victims – are likely to be reimbursed eventually. The exchange’s former CEO spent nearly a year in a Japanese jail after being arrested and charged with embezzlement and is now out on bail. Karpeles is awaiting trial in a country with a 99% conviction rate and faces up to 10 years in prison following the loss or theft of 850,000 BTC from the exchange in 2014. Now, a

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Time to fire up a million angry kitt3hs again: California legislators launch an assault against bitcoin ownership for the fourth time since 2015 (bitlicense has never passed in CA) – this time the zombie returns as AB 1489. Kill it with Fire.

Time to fire up a million angry kitt3hs again: California legislators launch an assault against bitcoin ownership for the fourth time since 2015 (bitlicense has never passed in CA) - this time the zombie returns as AB 1489. Kill it with Fire. submitted by /u/pcvcolin
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Bitcoin – The Currency of the Internet

US Regulators File Charges Against Apple Insider Trading Lawyer, for Insider Trading

The job of a top lawyer at Apple Inc. was to ensure that no employees violate the company’s insider-trading policies. It turned out that he was the one who was trading Apple Shares illegally, according to US regulators. The US Securities and Exchange Commission (SEC) filed a lawsuit against Gene Daniel Levoff, who served as Apple’s senior director of corporate until September 2018 and was also a part of the company’s disclosure committee. According to the filing, Levoff exploited his well-placed position to manage his Apple shares trading privately. He would gain access to the company’s periodic earnings results and draft public

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Social Proof-of-Work: Asia Reserve Currency Coin and Its Fight Against Corruption

A Southeast Asian stablecoin project aims to neuter corruption. It places an incentive on public reporting of problems. The International Blockchain Monetary Reserve calls the Asia Reserve Currency Coin (ARCC) a “macroeconomic stablecoin.” While it has a seemingly complicated structure, the premise is simple enough: as productivity and GDP increase as a result of its effects, the ARCC will increase in value. The token’s economy will have two parts. One is a licensed hedge fund that will manage investments and holdings to increase and preserve the liquidity of ARCC. The other is the ARCC token economy itself, which will be

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