Month: February 2016

Letter Re: Digital Currency

Hugh, Here are a few additional comments about Bitcoin that might be of interest to SurvivalBlog readers: Bitcoin is the best bet for digital currency that’s outside the banking system; it has the largest market cap and network of developers/miners. There is no Know Your Customer or Anti-Money Laundering with Bitcoin, which means you don’t need to show any ID to get it if you buy it in person. In the U.S., the Bank Secrecy Act, Patriot Act, and other bank/money-related U.S. laws keep Bitcoin from being a legally compliant currency. As these laws are written, they also apply to …


Economics and Investing:

Venezuela is on the brink of a complete economic collapse – G.G. o o o Baltic Dry Index Falls to 325, 1,430 Vessels Need to be Laid Up to Restore Balance – B.B. o o o Items from Professor Preponomics: US News 70% See American Dream Out of Reach (Washington Examiner) Herein lies a substantial portion of the problem. People do not see solutions coming from within themselves, and so they seek solutions through government. Excerpt: “The current political environment has voters thinking the federal government is an ineffective mess that is causing more harm than good. However, they still …


Odds ‘n Sods:

“Free French”, a retired cop, has a video commentary out on the LaVoy Finicum shooting video released by the FBI. From the start there were serious issues in how the OHP and FBI set this arrest up. From starting with lethal force options where there was no justification to placing their own officers/agents in a cross fire situation, to using illegal roadblock techniques, to breaking cover to engage Finicum while standing behind an uncleared vehicle, there are serious problems all the way through. o o o Israel’s power grid has been partially taken down by a cyberattack. If theirs can …