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Saturday, September 1, 2018

Tweet of the Day: Hong Kong Then and Now



If you can't see the above gif of Hong Kong in 1964 and 2016, go here. One of my favourite movies of all time is Wong Kar-Wai's In the Mood for Love (花样年华 [Golden Years]; 2000), a beautiful and haunting romantic tribute to Hong Kong in 1962, which you can see here, while the link lasts.

How China is Destroying Hong Kong's Freedom - Real China Interviews (28 August 2018). Video Source: Youtube.

Wednesday, August 29, 2018

Redefinitions of Currency 3: Kim Dotcom's Scary Tweets



Kim Dotcom (aka Kim Schmitz), the Finnish-German-Kiwi Internet pirate, has decided that the USA is going to go the way of Venezuela. Dotcom is piloting a new crypto-powered ecosystem, K.im, and his own branded KimCoin, to reward content creators. This month, the Megaupload and Mega founder, Assange ally, Deep State foe, and founder of the Internet Party has also been writing scary tweets about the future of the US and global economy.

Dotcom has an axe to grind, because his companies' copyright violations led in July 2018 to a New Zealand court ruling that he could face extradition to the United States for racketeering, money laundering, fraud, and criminal copyright charges. While this gives him a motive to trash talk the US, and he is fundraising for a new project to cover his legal bills, Dotcom really believes that America's economy is about to go bust.

He has thought so for awhile. Originally, the hacker was based on the top floor of the five-star Grand Hyatt Hotel in Hong Kong. But Dotcom moved to New Zealand because he felt it was the best place to start and raise a family during and after World War III. As he put it:
"You wouldn't want to be stuck in a penthouse at the top of a hotel tower when it's end days. ... That's why I was looking for a place. And I thought that if I had somewhere in the South Island, shielded by mountain ranges on both sides, I would install a really sophisticated solar power plant. I was thinking if I had something like that, you could survive. New Zealand strategically is the safest spot in the world. It has everything that is required to sit it out and start again."
Dotcom is not alone. The very rich are talking about the end of the world and building bunkers in preparation. They see the future just like the backwoods and doomsday cult preppers, except billionaires build nicer bunkers.





Sunday, August 26, 2018

Redefinitions of Currency 2: Crypto Venezuela


Venezuela: then and now. Image Source: Total Crypto.

To paraphrase Chris Dixon, technology has changed the underlying drivers of wealth; once, wealth was determined by commodities; then it was decided by politics; and now, wealth is based on mathematics. There is no better indicator of that shift than in Venezuela.

Fiat collapse: Venezuela's currency crisis (20 August 2018). Video Source: Youtube.

Return to the world's oldest economy: Venezuela's economic crisis fuels sex trade (23 August 2018). Video Source: Youtube.

Venezuela: New currency fails to curb hyperinflation | Al Jazeera English (22 August 2018). Video Source: Youtube.

Venezuela is currently Ground Zero for bad news. In one month, the president, Nicolás Madurododged a historic first drone assassination attempt on a world leader. The country survived a 7.3 magnitude earthquake. Millions of Venezuelans are migrating to neighbouring countries, which are becoming less and less welcoming.

The hacktivist group Anonymous dismissed the Maduro assassination attempt as a government hoax, perhaps similar to a recent incident in Zimbabwe; note the discrepancy in footage that showed - and did not show - Maduro's wife, Cilia Flores, from two different cameras. Note also that the source of the differing footage is the Russian network RT (Ruptly) and these could be two separate occasions. Otherwise, this means that there were two versions of the footage of the attack, which were filmed separately. Anonymous - LA VERDAD sobre supuesto atentado contra Nicolás Maduro 2018 [Anonymous - THE TRUTH about alleged attack against Nicolás Maduro 2018] (5 August 2018). Video Source: Youtube.

Maduro's popularity is in the toilet; back-chamber rumours are circulating that he knows secrets about Hugo Chávez's death, that he is in league with the devil, and that he is not a true Venezuelan, but perhaps was born in Colombia, and in any event - it is whispered - he will die soon, though not by assassination. Other rumours are circulating the president tried to escape Venezuela in secret on 26 August 2018, knowing that the situation is irreparable. The cult of personality may not provide a suitable replacement, since alternatives to Maduro, like María Gabriela Chávez, are not popular either.