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Bitcoin Foundation hit hard by big bitcoin losses

 Bitcoin  Comments Off on Bitcoin Foundation hit hard by big bitcoin losses
Apr 082015
 

The Bitcoin Foundation, formed in 2012 to promote the virtual currency, has rejected claims by a board member that its bankrupt but has acknowledged significant financial problemsironically as a result of a big drop in the value of its bitcoin holdings.

On Tuesday its board of directors rejected claims made a day earlier by board member Olivier Janssens that it was effectively bankrupt, but said the bitcoin roller coaster has forced it to drastically cut back its operations.

In early 2013 a bitcoin was valued at around $14 but that soared to $1,145 by November that same year, according to Coinbase. Three weeks later, it had collapsed to $569 and continued wide swings throughout much of 2014. Today, a bitcoin is worth about $258.

Those swings add up to bad news for the organization.

The drop in bitcoin price drastically affected the Foundations bottom line as the majority of assets were held in bitcoin, it said.

As a result, the foundation has cut programs to concentrate on one mission: development of the Bitcoin Core Protocol. Staff numbers have also been cut, although the foundation rejected Janssens claim that 90 percent had been fired.

Some team members left voluntarily and agreed to continue helping on a volunteer basis to help the Foundation during this financially austere time, it said.

The foundation hasnt revealed exactly how many bitcoins it holds, but a filing with the Internal Revenue Service said the holding was worth $4.5 million at the end of 2013. Based on figures from Coinbase, that was equivalent to just over 6,000 bitcoins. Today, those bitcoin would be worth $1.5 million.

The current state of the foundations finances should become clearer in the coming weeks when its latest IRS filing, covering 2014, becomes public.

And when it does, the board might face questions about why they didnt diversify the foundations assets to put it on a more stable base, instead choosing to keep them all in a volatile investment.

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Bitcoin Foundation hit hard by big bitcoin losses

Bitcoin Foundation hit by big bitcoin losses

 Bitcoin  Comments Off on Bitcoin Foundation hit by big bitcoin losses
Apr 082015
 

Foundation says it’s not bankrupt, but has been hit hard by the currency it’s trying to promote

The Bitcoin Foundation, formed in 2012 to promote the virtual currency, has rejected claims by a board member that it’s bankrupt but has acknowledged significant financial problems — ironically as a result of a big drop in the value of its bitcoin holdings.

On Tuesday its board of directors rejected claims made a day earlier by board member Olivier Janssens that it was “effectively bankrupt,” but said the bitcoin roller coaster has forced it to drastically cut back its operations.

In early 2013 a bitcoin was valued at around $14 but that soared to $1145 by November that same year, according to Coinbase. Three weeks later, it had collapsed to $569 and continued wide swings throughout much of 2014. Today, a bitcoin is worth about $258.

Those swings add up to bad news for the organization.

“The drop in bitcoin price drastically affected the Foundations bottom line as the majority of assets were held in bitcoin,” it said.

As a result, the foundation has cut programs to concentrate on one mission: development of the Bitcoin Core Protocol. Staff numbers have also been cut, although the foundation rejected Janssens’ claim that 90 percent had been fired.

“Some team members left voluntarily and agreed to continue helping on a volunteer basis to help the Foundation during this financially austere time,” it said.

The foundation hasn’t revealed exactly how many bitcoins it holds, but a filing with the Internal Revenue Service said the holding was worth $4.5 million at the end of 2013. Based on figures from Coinbase, that was equivalent to just over 6,000 bitcoins. Today, those bitcoin would be worth $1.5 million.

The current state of the foundation’s finances should become clearer in the coming weeks when its latest IRS filing, covering 2014, becomes public.

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Bitcoin Foundation hit by big bitcoin losses

Wounded warriors getting 2nd home?

 Freedom  Comments Off on Wounded warriors getting 2nd home?
Feb 072015
 

Freedom Station resident Jorge Salazar takes a moment while working around his house on Wednesday at the Freedom Station housing for vets in San Diego, California.

Jorge Salazar isnt exactly sure where he would have gone.

It was January 2014. He was finally being discharged from the Marine Corps after a 2012 bomb blast in Afghanistan took both of his legs.

He had been living at the Navy hospital in Balboa Park. But those beds are for people still in uniform.

Salazar put up a calm exterior, but, I was freaking out, the former infantryman says.

Thats exactly why Freedom Station, a grassroots transitional housing complex in San Diegos Golden Hill, was created in 2011.

The now nearly 4-year-old program has housed 30 injured post-Sept. 11 veterans as they make the transition from sergeant to civilian. And organizers are eyeing a second property to expand their services.

Back in 2004, Sandy Lehmkuhler saw the need while volunteering at the Navy hospital. Thats where the Pentagon sends some of the most gravely injured troops from the Afghanistan and Iraq wars, including many amputees.

These folks, mostly Marines, were waiting months for their medical discharges to be finalized. Sitting in hospital rooms wasnt helping their morale, or their ability to imagine a life ahead.

Freedom Station president Sandy Lehmkuhler (right) talks with Janet Miknaitis (left)(a mother of a resident) and Ed Hanson (a board member) on Wednesday at the Freedom Station housing for vets in San Diego, California. Eduardo Contreras

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Wounded warriors getting 2nd home?

Illuminati Conspiracy Archive

 Illuminati  Comments Off on Illuminati Conspiracy Archive
Dec 212013
 

By Steve Kangas

The wealthy have always used many methods to accumulate wealth, but it was not until the mid-1970s that these methods coalesced into a superbly organized, cohesive and efficient machine. After 1975, it became greater than the sum of its parts, a smooth flowing organization of advocacy groups, lobbyists, think tanks, conservative foundations, and PR firms that hurtled the richest 1 percent into the stratosphere.

The origins of this machine, interestingly enough, can be traced back to the CIA. This is not to say the machine is a formal CIA operation, complete with code name and signed documents. (Although such evidence may yet surface and previously unthinkable domestic operations such as MK-ULTRA, CHAOS and MOCKINGBIRD show this to be a distinct possibility.) But what we do know already indicts the CIA strongly enough. Its principle creators were Irving Kristol, Paul Weyrich, William Simon, Richard Mellon Scaife, Frank Shakespeare, William F. Buckley, Jr., the Rockefeller family, and more. Almost all the machines creators had CIA backgrounds.

During the 1970s, these men would take the propaganda and operational techniques they had learned in the Cold War and apply them to the Class War. Therefore it is no surprise that the American version of the machine bears an uncanny resemblance to the foreign versions designed to fight communism. The CIAs expert and comprehensive organization of the business class would succeed beyond their wildest dreams. In 1975, the richest 1 percent owned 22 percent of Americas wealth. By 1992, they would nearly double that, to 42 percent the highest level of inequality in the 20th century.

How did this alliance start? The CIA has always recruited the nations elite: millionaire businessmen, Wall Street brokers, members of the national news media, and Ivy League scholars. During World War II, General Wild Bill Donovan became chief of the Office of Strategic Services (OSS), the forerunner of the CIA. Donovan recruited so exclusively from the nations rich and powerful that members eventually came to joke that OSS stood for Oh, so social!

Another early elite was Allen Dulles, who served as Director of the CIA from 1953 to 1961. Dulles was a senior partner at the Wall Street firm of Sullivan and Cromwell, which represented the Rockefeller empire and other mammoth trusts, corporations and cartels. He was also a board member of the J. Henry Schroeder Bank, with offices in Wall Street, London, Zurich and Hamburg. His financial interests across the world would become a conflict of interest when he became head of the CIA. Like Donavan, he would recruit exclusively from societys elite.

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Illuminati Conspiracy Archive

Press freedom still not living up to the law, seminar told

 Freedom  Comments Off on Press freedom still not living up to the law, seminar told
Apr 282013
 

Home national Press freedom still not living up to the law, seminar told

Pravit Rojanaphruk The Nation on Sunday April 28, 2013 1:00 am

Anything negative about resigned Senior General Than Shwe is still taboo in Myanmar’s media, said Aye Chan Naing. He added that the Myanmar government will soon introduce broadcasting laws and it’s not certain as to what kind of restrictions will be made. The country’s judiciary needs to be independent, while the law needs to be just, he said.

In Cambodia, while the constitution guarantees press freedom and freedom of expression, freedom of speech is still limited in reality, said Chhay Sophal, editor-in-chief of Cambodia News Online and a board member of the Cambodian Journalists’ Council for Ethics.

“Legally speaking, the government respects the country’s free press and freedom of expression, but in practice, the public voice is sometimes ignored or accused of being backed by the opposition – an excuse for government authorities to crack down.”

Chhay Sophal said after the nightmare of the Pol Pot regime, the majority of Cambodians, who are farmers living in the rural areas, “seem to be completely debilitated through illiteracy, ignorance or fear of reprisal, and are disinclined to speak out in public, especially on politics.”

“The urban [populace] feels freer and more ready to speak out, mainly on topics regarding the government’s actions,” Chhay Sophal added.

Gayathry Venkitsewaran, executive director of the Southeast Asian Press Alliance (SEAPA), and a former Malaysian journalist, said Malaysia’s press freedom may improve, but it would depend on the result in the upcoming general election next month.

“If there’s a change in government, it will be a bit chaotic because [the media] will not know how to behave,” Venkiteswaran told the audience in Bangkok last week.

Venkiteswaran said the region’s latest press freedom index by Paris-based Reporters Without Borders indicated there was still a lot to be done, and added that the relatively high ranking for Brunei may reflect a lack of knowledge about the sultanate on the part of the organisation. Helping to develop knowledge of the region’s press was one area where SEAPA could help, he said.

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Press freedom still not living up to the law, seminar told

Azerbaijan: How to Measure Free Speech on the Internet?

 Free Speech  Comments Off on Azerbaijan: How to Measure Free Speech on the Internet?
Nov 142012
 

Baku hosted the UN Internet Governance Forum in Baku, Azerbaijan, with more than 1,600 delegates from 128 countries attending the four-day event. Civil society activists argue that the countrys struggle for online freedom of expression should not be forgotten despite Azerbaijan being selected to hold the annual global conference. (Photo: UN Photo/Devra Berkowitz)

Civil society activists in Azerbaijan are trying to push back against government efforts to restrict space for public debate. And theyre hoping a recent global Internet forum in Baku will expand international support for their cause.

The United Nations Internet Governance Forum, held in the Azerbaijani capital November 6-9, brought together more than 1,500 government officials, business executives, international organization representatives and civil-society activists from more than 100 countries. They discussed a wide variety of web-related issues, including Internet security, copyright laws and online eavesdropping.

In the coming weeks and months, rights activists in Azerbaijan hope the forum will prove a catalyst for broader international discussion about what they contend are government policies designed to stifle free speech. If not for the IGF (Internet Governance Forum), we would not be able to attract so much international attention to problems with Internet-freedom in Azerbaijan, said Rasul Jafarov, the director of the Baku-based Human Rights Club, part of the Expression Online Initiative, a non-governmental coalition.

The Internet emerged in 2009 as a new front in an ongoing free-speech battle, following the imprisonment of two video bloggers who posted a clip online that portrayed President Ilham Aliyev as a donkey. Over the past year or so, authorities have struggled to contain flash-protests whipped up via the social network Facebook. In a report distributed at the Forum, the Expression Online Initiative ranked the country as partly free.

While the Azerbaijani government may not block access to websites or social networks, noted Jafarov, there is a serious problem with content regulation and [governmental] monitoring of email correspondence, social-network content and websites.

Such shadow pressure prompts many Azerbaijanis to censor themselves online, he continued. They are afraid to post critical stuff online [so as] not to be summoned to the Ministry of National Security and have other problems, he said.

Media lawyer Alasgar Mammadli, a board member of the watchdog Azerbaijan Internet Forum, agreed. People are afraid even to like a cartoon about the president posted on Facebook, Mammadli said. The right to host the IGF does not mean that the country has a free Internet.

Authorities defend their record by emphasizing quantity over quality when it comes to the Internet.

In an official letter to the Forum, President Aliyev argued that since 65 percent of the countrys 9.16 million citizens were online, Azerbaijans approach toward the Internet should be deemed free. Aliyev, writing in general terms, also credited the the global network for encouraging freedom of speech on the Internet, the widening of social networks, [and] ensuring the open and transparent activity of government.

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Azerbaijan: How to Measure Free Speech on the Internet?

Freedom Fest introduces collectible pins

 Freedom  Comments Off on Freedom Fest introduces collectible pins
Jun 062012
 

PROVO — The Freedom Festival is offering for the first time a limited-edition Freedom Festival Pin, at the cost of $2. It will also provide buyers with hundreds of dollars of discounts and coupons from businesses throughout Utah Valley.

Beginning June 18, the pins will be available at participating sponsor locations. The Freedom Festival is starting with only 5,000 pins that will come in a package with other coupons and discounts. However, the Freedom Festival also is making 150 special gold pins. And like Willy Wonka and the Golden Ticket, anyone purchasing a $2 pin may find one of the gold pins in their packet. That gold pin will provide the lucky winners with two tickets to the Stadium of Fire redeemable at the Freedom Festival offices.

Local realtor Bill Freeze introduced the idea from his experience several years ago when he worked with the Kentucky Derby Festival.

“The Kentucky Derby Festival is very similar to the type of festival ours is,” Freeze said. He noted that they started doing the collectible pins in 1973 for 50 cents each and sold 5,000.

“Over the years it became popular. Last year they sold a half a million for $5 apiece,” Freeze said. “It is a tremendous revenue boost to them for their non-revenue events.”

Freeze, who is a board member of the Utah Valley Chamber of Commerce, indicated the chamber has partnered with the Freedom Festival on the project. Freedom Festival executive director Paul Warner said, “We’re extremely excited about it. We appreciate the fact the chamber has joined in this. It’s one of the ways we can stretch out into the community.”

Freeze hopes the people who come from throughout the country will pick up a pin and wear it in their hometowns.

Pins will be available at a number of sponsoring companies including several stores in the Shops at Riverwoods, The Utah Valley Chamber of Commerce, Freedom Festival office, Larry Miller Auto Group showrooms in Provo, the Daily Herald, Utah County Realtors Association and in the customer service lobby at the Provo city center.

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Freedom Fest introduces collectible pins

Dont Criminalize Free Speech Mr President

 Free Speech  Comments Off on Dont Criminalize Free Speech Mr President
Mar 172012
 

Feature Article of Saturday, 17 March 2012

Columnist: Young Patriots

We the Young Patriots of the New Patriotic Party demand the unconditional release of Mr Owusu Bempah, the Operations Director of FONK AR with immediate effect. President Mills since taking over the reins of power has sought to criminalize free speech by arresting and detaining Ghanaians of varying opinions to his governments policies and programmes. A government that superintends over gargantuan corruption, ineptitude, incompetence and mediocrity would not have lasted long in another political era. However, as Ghanaians, we have opted for democracy, and free speech is the best way to exercise that right. We the Young Patriots find it hypocritical for a government which came to power on the back of free speech and propaganda to turn around and incarcerate its citizens for exercising their democratic right. It is on record that Mr Aseidu Nketia called all 17 aspirants of the candidature of the NPP as thieves and President Kufour as the chief thieve and yet walked the streets of Ghana as a free man and today has been rewarded as a major contractor for the Bui Hydro dam project though he is a board member of the same organization. Mr Fiifi Kwartey, the deputy minister of finance told Ghanaians, that President Kufour and his government had hoarded all of Ghanas gold reserves in a foreign country; his insults and propaganda have been rewarded with oversight responsibility of our gold reserves. Madam Amaa Beyinwaa Doe referred to Nana Akufo Addo as a drug dealer and when she was asked to substantiate it, she said it was campaign talk during here vetting to become the Central Regional Minister. The arrest and detention of Mr Owusu Bempeh for expressing his opinion on the disbursement of the Woyome money is simply against his constitutional right to free expression. The act is abominable and should be condemned in no uncertain terms and we the Young Patriots will consider further action should the President continue to have him detained.

Richard Nyamah 0203-418-85 Daniel Nii Kwartei Titus-Glover 0246-850-138 Hopson Adorye 0201-433-925 John Kumah 0244-171-471

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Dont Criminalize Free Speech Mr President




Pierre Teilhard De Chardin | Designer Children | Prometheism | Euvolution | Transhumanism