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Crypto Chat

Crypto Chat
We are looking at the greatest transfer of wealth in the history of civilization. Cryptocurrencies are the technology, opportunities and future of cryptocurrencies go far beyond the latest drama on social media. We are looking for enthusiastic, positive people who can share their ideas, knowledge and opportunities and benefit from knowledge and who want to expand their knowledge so that we can all benefit from this wonderful technology that has just emerged in society. Crypto currencies are an exciting new space and there are so many opportunities available to early innovators. When the internet first began in 1991, those focused on whether their yahoo shares were worth more than toys r us shares missed the whole point of what the internet was about. The dot com disaster did not represent the internet and likewise, HODLE portfolios do not represent crypto currencies. We invite you to a very real discussion of crypto currencies, beyond the latest drama and the latest dip or rise of bitcoin.
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Venezuelan Opposition Party Accuses Goldman of ‘Aiding and Abetting’ Dictatorial Regime

ibankcoin.com / May 29, 2017

Business as usual for the players at Goldman. Venezuela’s opposition party is accusing Goldman of ‘aiding and abetting’ the murderous dictatorial regime via the purchase of state oil backed bonds. I suppose the opposition party would like Goldman, and other bankers, to apply an ethical code to their investments. This is naive thinking, especially in a world filled with murderous regimes.

The Wall Street Journal reported yesterday that Goldman had purchased $2.8b worth of bonds for 31 cents on the dollar (~$865m) for state oil company PDVSA, maturing in 2022.

Source: Reuters

“Goldman Sachs’ financial lifeline to the regime will serve to strengthen the brutal repression unleashed against the hundreds of thousands of Venezuelans peacefully protesting for political change in the country,” wrote Julio Borges in a letter to Goldman Sachs President Lloyd Blankfein.

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