What the Bitstamp Hack Means for Bitcoin

[The following post is by TDV Chief Editor, Jeff Berwick]

In the early morning on January 5th, one of the largest bitcoin exchanges, Bitstamp, stated, "We have reason to believe that one of Bitstamp’s operational wallets was compromised on January 4th, 2015.  As a security precaution against compromises Bitstamp only maintains a small fraction of customer bitcoins in online systems. Bitstamp maintains more than enough offline reserves to cover the compromised bitcoins."

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Gold Is Performing Its Role Well In TEOTMSAWKI

[The following post is by TDV Chief Editor, Jeff Berwick]

As we enter into the final stages of The End Of The Monetary System As We Know It (TEOTMSAWKI) gold is playing its role very well.

Due to gold hitting an all-time high of $1,921.50 on September 6th, 2011 and now currently trading near $1,200 there has been a lot of negativity about gold.  If you watch mainstream media in the US (which no one does anymore… CNBC just hit all-time record low ratings at the end of 2014) you get the impression that gold is not only dead but going much lower.

However, in every other currency, other than the US dollar, gold advanced in 2014.

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Happy New Year 2015 – Hope and Change

Happy New Year from Anarchapulco!

Here was my view last evening as I watched a completely anarchic fireworks display occur.  With absolutely no government involvement private individuals and businesses set off fireworks and shots were fired into the air in complete spontaneous order (captured below in 1080P with a Samsung Galaxy S5 – just click on 'settings' on the bottom YouTube bar to upgrade it to 1080P).  Midnight was struck at the 0:42 second mark of the video.

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