Sunday, January 21, 2018

Venezuela daily dole equivalent: 5 cents


Not much munnie in USD terms being issued for their Basic Income Guaranty in that shit hole these days. 

Looks like blockchain coins are going to have to come to the rescue in the turd world.




13 comments:

Noah Way said...

Another oil producer destroyed by the US. Mission Accomplished!

Tom Hickey said...

I just searched through the first five or six pages of "news" about Venezuela on Google and it exclusively corporate media echoing the same stuff.

Amazingly, a rebel military officer named Oscar Perez attacked government building from a helicopter about six months ago in a failed attempt to ignite a revolt. Because it was labeled a terrorist. The police just hunted him down and killed him but not before a couple of police officers were killed. The whole Western corporate media is all in a huff about "tyranny" and "repression."

As elsewhere, one side's terrorists are the other side's heroes.

Let's get some perspective here.

Tom Hickey said...

Should read, "Because of it he was labeled a terrorist.

Matt Franko said...

Perspective: if the blockchains start to take hold none of that BS matters any more ....

Matt Franko said...

“The whole Western corporate media is all in a huff about "tyranny" and "repression."

Those words are right out of the textbook for the libertarianism 101 class...

Matt Franko said...

Perspective: Blockchains ORDERS OF MAGNITUDE more successful than MMT...

Matt Franko said...

“Blockchain in commercial real estate: The future is here”

https://www2.deloitte.com/us/en/pages/financial-services/articles/blockchain-in-commercial-real-estate.html#

Matt Franko said...

Here is ripple's dashboard:

https://ripple.com/xrp/market-performance/

Just clicking away at $65B equivalent transactions/month... and there are many more than ripple...

so here we sit today, 1/21/18, you have these coin things just set up and activated and clicking away transaction after transaction like clockwork....

vs. the libertarian douch bag morons running the USD system who all think "we're out of money!" and what do we have there?? Govenment Shutdown....

Which one is going to win?

Its not even close...

Ryan Harris said...

Chavez's brother moved to Houston this week to take over the reigns at Citgo. I think big changes afoot at PDVSA.

Tom Hickey said...

There's a difference between blockchain as a distributed ledger and the application of blockchain technology. Cryptocurrencies are applications of blockchain tech.

Cryptocurrencies fall under government regulation in a variety of ways.

Assuming that they circumvent authority is wishful thinking.

Tom Hickey said...

Almost everything one sees on Venezuela and Maduro are in the corporate media echo chamber and are scripted propaganda.

A more balanced view has been posted here at MNE in links to Matias Vernengo, Mark Weibrot, and Mark Ames, for instance.

I just did a couple of Internet searches on Venezuela and those names and got a number of hits.

Matt Franko said...

Here is the Guardian then:

https://www.theguardian.com/world/2018/jan/21/venezuela-looting-violence-food-shortages

Don’t tell me they are in on the conspiracy too?

Kaivey said...

The Guardian is. They never said anything good about Chevàs even when things were thing right. They did another hatchet job on Putin yesterday about Syria.