2025-11-21 07:34:34
https://www.computerweekly.com/news/366634571/Russian-money-launderers-bought-a-bank-to-disguise-ransomware-profit
Russian money launderers bought a bank to disguise ransomware profit
https://www.computerweekly.com/news/366634571/Russian-money-launderers-bought-a-bank-to-disguise-ransomware-profit
Russian money launderers bought a bank to disguise ransomware profit
So in another dream I just woke up from, I was talking to someone about "the idea problem" (that it's becoming harder to monitize ideas, from a vox article written by an AI cooked reporter).
https://www.iheart.com/podcast/105-it-could-happen-here-30717896/episode/executive-disorder-white-house-weekly-46-313675864/
Basically, I was arguing that the majority of inventions target men because patriarchy puts economic control in men's hands. As men have started to help more with childcare, there have been more inventions related to childcare. (I don't have any idea if this is true. Seems legit, but I'm just relating my dream. I think I was also oversimplifying a bit to "men" and "women" because of my audience, but anyway it was a dream.) There's actually more low-hanging fruit, I pointed out, related to making care work easier.
So I argued that the real problem was a failure to invest in research into solving that problem. Today there are all these boondoggles built around killing people. What if, instead of all this government research into killing people, we dumped a ton of money into making it easier to support a household? That would be great for the economy. (Being asleep, I seem to have forgotten that working people need money.)
In the blur of being just awake I started thinking about how you could kickstart the US economy by taking the money from the AI boondoggle and other autonomous murder bots and create something like a program to build robots for housekeepers. You'd still be funding tech with government money, so the same horrible people get paid, but you're now actually solving real problems. It wouldn't even matter if it was a boondoggle, honestly. Just dumping money into something other than murdering people is good enough.
I imagined first if there was a program to fund a robot housecleaner, like robot dog with AI some laundry pickup, that would be provided, free of charge, to help people with children. It would work the same as the military boondoggle where a private company makes the government buy a piece of hardware from them and then also pay them to service it for some number of years. But instead of that hardware sitting around waiting to kill someone, it would be getting brought to people's houses to help them.
Then I thought, hey, you could even boost the economy more if you just had government funding for doulas and housecleaners and paid them a living wage. Hey, you could really kickstart the economy by nationalizing healthcare and including doula support as part of all births. Oh, and you could also just include the optional household help for families with children until the kids turn 18.
None of this is perfect (I don't actually think most of this is possible from any state), but the point is that it's actually wildly easy to figure out all kinds of ways to invest in the economy and monitize ideas as long as you aren't entirely focused on the same old "make money from spying on people and killing them." Funny that. Like they said in the podcast, maybe "finding ideas" isn't the problem.
Hope you enjoyed the weird semi-awake brain dump/rant.
Source: 49ers voided Aiyuk guaranteed '26 money https://www.espn.com/nfl/story/_/id/47053369/san-francisco-49ers-voided-guaranteed-money-brandon-aiyuk-deal-2026
The $40 billion Trump is sending Argentina is roughly on par with the $41.8 billion it owes the International Monetary Fund
— by far the largest debt on the organization’s books,
half of which was taken out under Milei earlier this year.
There is no benefit to working Americans from this,
and the president isn’t even pretending there is.
Sensor Tower: consumers spent $85B on apps globally in 2025, up 21% YoY, and, in a first, more money went on non-game mobile apps than on games, driven by GenAI (Sarah Perez/TechCrunch)
https://techcrunch.com/2026/01/21/cons…
Money capital follows vectors.
[contains quote post or other embedded content] https://bsky.app/profile/bmann.ca/post/3m5xx5mgdgs2s
🇺🇦 #NowPlaying on KEXP's #Early
Gnod:
🎵 Bodies for Money
#Gnod
https://gnod.bandcamp.com/track/bodies-for-money
https://open.spotify.com/track/4L4kkLakkOAVkjarnjHpFL
Blockchain GenAI Yegge, the world is going insane: https://newsletterhunt.com/emails/217139
Hearst plans to lay off 26 people at The Dallas Morning News, outsourcing print page production; the Dallas News Guild says the action violates its contract (Rachel Behrndt/WFAA-TV)
https://www.wfaa.com/article/money/hearst-
Raiders-Texans betting: Sharp money on side, total https://www.reviewjournal.com/sports/betting/raiders-texans-betting-sharp-money-on-side-total-3597869/
RE: https://mastodon.social/@ricmac/115756875745330765
This is an interesting question (my money would be on WordPress TBH, even though Firefox might be more important)
Just, wow. Driving a Maserati, too. Daddy’s money? https://www.thedailybeast.com/maga-aide-charged-over-staging-fake-trump-whore-attack/
Have you heard?
The Montana Plan will make Citizens United irrelevant!
Read more about it and chip in today
>> https://transparent-elections.org
TEI
De Nederlandsche Bank waarschuwt voor big tech, maar draait zelf op Microsoft - Follow the Money -
https://www.ftm.nl/artikelen/nederlandsche-bank-waarschuwt-voor-bigtech-microsoft
Archive link https://archive.ph/p3HuI
What the .... 🙈🙈
Maar goed ... Alles draait toch om de MS cloud, dus wat maakt t uit...
... Nou in zoverre dat DNB medewerkers niet alleen over NLse data en ideeën zullen beschikken, maar ongetwijfeld ook over data en documenten van collega centrale banken in andere landen die misschien wel beter beveiligd zijn.
(Via @… )
Before you head out for the weekend (and if you're lucky for a long Thanksgiving break), check out today's Metacurity for a ton of top infosec developments you should know, including
--SEC drops ill-fated cyberattack lawsuit against SolarWinds, CISO,
--FCC gets rid of Biden-era reporting rules addressing Salt Typhoon intrusions,
--Cybercrime money laundering network active in the UK bought a bank,
--Russian intel services funded former Wirecard exec's spy r…
49ers preparing for stunning split with star receiver Brandon Aiyuk https://www.nytimes.com/athletic/6826885/2025/11/21/brandon-aiyuk-49ers-news-contract-guaranteed-money-release/
Trump says he'd have final say on money he seeks over past federal investigations into his conduct (Associated Press)
https://apnews.com/article/trump-fbi-justice-department-177d42d89b97385132a927686d788d11
http://www.memeorandum.com/251021/p149#a251021p149
"“Selling stolen oil and putting billions of dollars in a bank in Qatar to be spent without Congressional approval is not Constitutional,” the lawmaker wrote. ”Only Congress can appropriate money.”
Rep. Thomas Massie criticizes Donald Trump on Venezuela oil sales
https://thehill.com/homenews/house/5697347-thomas-massie-donald-trump-venezuela-oil-sales/
Reparations for the insurrectionists.
(Gift link)
https://wapo.st/4pRwifB
Nostrshire panel talking about Adam Curry's podcast2.0 , more tags in your podcast rss for payments, in the hope it can fund producers. Did you know besos takes 75 percent of all Audible money? Actors and writers sharing scraps from Amazon's table.
Hot news is that keysend tags are out of fashion and the bolt11 lnurl invoices are taking over.
Podcast platforms can be bridged through nostr to enable cross platform comments and discovery but making users create key pairs is to complex the fountainfm guy reckons. Wants to hide and shatter l abstract away that complexity.
#nostr #nostrshire #podcasting2.0
... I keep circling around the idea that the most ethical way to make money these days is sex work. this would unfortunately require me to interact with people instead of computers. well, maybe I can find a niche that lets me treat people like computers. *reboots you with a cattle prod*
More context:
https://www.essence.com/news/money-career/howard-intern-spotify-wrapped/
Basically:
- Spotify Wrapped used to be a dull email
- Design intern proposed turning it into an ~~experience~~, demoed her idea
- They didn’t hire her, but the redesign looks a lot like what she proposed
- Spotify says “nuh-uh, and besides lots of people contributed to it.” OK.
https://hachyderm.io/@thomasfuchs/115741043600230762
"I'm a technology writer, which means I'm supposed to be encouraging you to throw hundreds of billions of dollars at the money-losingest technology in human history, AI. No one has ever lost as much money as the AI companies."
https://pluralistic.net/2026/01/13/not
This website illustrates nicely how the US lost the competition–at least for now–in open(ish) LLM models: #AIResearch #AGI_hype
/via Wired
🇺🇦 Auf #radioeins läuft...
Fast Money Music:
🎵 Lover Boy
#NowPlaying #FastMoneyMusic
https://open.spotify.com/track/2LvAA4A1eZZIt9FO3Tb5xH
I keep reminding myself of this:
The reason RAM prices went up 4x is that a massive amount of not-yet-manufactured memory was bought with money that doesn't really exist… to be put into GPUs that haven't been made yet… to be installed in data centers that haven't been built… powered by infrastructure that may never exist… to satisfy demand that isn't actually there… in order to generate profits that are mathematically impossible…
Just something to ponder and what …
Just as during his first term, El Cheato is stealing money for military housing to use for his pet projects.
During the first term that pet project was "the wall".
Now it is to give "bonuses" to active military personnel.
In both cases this means reduced, or no, housing for military families - which is what Congress intended when that taxpayer money was appropriated.
"Trump’s $1,776 ‘warrior dividend’ repurposed from military housing aid"…
FBI takes down alleged money laundering service for ransomware groups https://therecord.media/fbi-takes-down-alleged-money-laundering-operation
NFL Week 12 Betting Report: 'There’s an Influx of Anti-Chiefs Money' https://www.foxsports.com/stories/nfl/nfl-week-12-betting-report
Was just reminded that I needed to kick in some more money to the BlackSky stuff.
Considering the money I’ve kicked in for great Mastodon clients and instances, the work Rudy and others are doing is well worth the same! https://mastodon.sandwich.net/@Sharksonaplane/114997406…
A US judge sentences William Lonergan Hill, a co-founder of crypto mixer Samourai Wallet, to four years in prison for laundering $200M in illegal transactions (Miles J. Herszenhorn/Bloomberg)
https://www.bloomberg.com/news/articles/20
"Greener banking in Australia: how to put your money where your values are"
#Australia #Finance #Money
I’m thinking of splurging some serious money on fancy suspension for the KTM 790R, because I’m worth it.
Any experiences with Tractive suspension (The XTREME forks and shock)? https://tractivesuspension.com/ktm-790-adventure-r-fork-cartridge-kit-x-treme.htm…
Mrs qurly says she just saw and ad on tv for Jim Beam Pineapple. Omg. As a recovering alcoholic, I weep for humanity. And I wonder how many flavors did they try before picking pineapple? I never drank whiskey, it made me sick.🤷🏽 So I don’t remember what it tasted like, and what about 🍍 makes it a good match? They must be losing a shit ton of money from the Canadian boycott. Go after the youngs, they’ll drink anything if we flavor it, said some booze exec somewhere.
Workwives On Top
Women Who Do Money. This isn't just a finance podcast. It's a takeover. The old boys' club had their turn, and honestly… it's been dull...
Great Australian Pods Podcast Directory: https://www.greataustralianpods.com/workwives-on-top/…
This is a subtweet...
People who are not anti-capitalist sometimes wonder: "Why is there a monopoly on X life-critical thing?" (E.g., epipens, insulin, web search).
This one is really simple actually: because monopolies are more profitable than competition, and the foundation of capitalism is that capital = power.
Various societies have recognized the necropolitical outcomes of monopolies and have tried to erect barriers to monopoly; we all know that monopolies are bad, death-and-suffering-causing things. But since these societies mostly remain capitalist, they allow these barriers to be eroded by the power of capital (to do otherwise would be to repudiate capitalism because it puts a limit on the power of money). The barriers are ineffective, and the capital = power equation holds, and monopolies result and get to do their killing & maiming thing (remember: even things like social media monopolies that you wouldn't expect to pay for political assassinations like a mining company still profit from inciting genocides). *Sometimes* there are oligopolies instead of monopolies, but instances of really competitive markets are pretty rare for things that are widely sought-after.
The "government will manage the markets to prevent bad outcomes like monopolies" strategy has failed repeatedly, spectacularly, and almost universally. To actually prevent monopolies you need a population that no longer believes that money should equal power, it's that simple. Sadly, it's actually not that simple, since all of the alternatives which equate something else to power, like "the king" or "party loyalty as judged by the supreme leader" have the same problems or worse. The attitude you need to cultivate is "nobody should have power," which is hard because *all* of the power-systems we have constantly propagandize against this attitude in myriad ways. Still, in the future once we've broken free of this age where hierarchy is accepted, people will look back and wonder whether the historical records are even credible given how much needless death and suffering were endured with little resistance.
#anarchy #capitalism
BBC should not pay Trump any money,
says former director general Tony Hall
It is Not ‘appropriate’ to use licence fee payer’s money to pay US president after his threat to sue for up to $5bn, says peer
https://www.theguardi…
Short-term, the money may be in implantable visual prostheses for the blind. Longer-term, the money may be in training & support for noninvasive visual prostheses for the blind https://www.artificialvision.com/neuralink.htm Microsoft Windows vs Linux, Neuralink Blindsight vs The vOIC…
On Office Comfort and Energy Efficiency - Sweating or shivering 9 to 5 at work? Small business or home office? Get comfy, save money, cut carbon! #office #frugal #thermostatWars -
I got an email overnight for saying that #Workday has purchased #Pipedream.
"It’s a big day here at Pipedream – we’ve entered into a definitive agreement to be acquired by Workday, the enterprise AI platform for managing people, money, and agents."
from my link log —
Entrepreneurs don't have a special gene for risk, they come from families with money.
https://qz.com/455109/entrepreneurs-dont-have-a-special-gene-for-risk-they-come-from-families-with-money/
It’s ridiculously funny how much the Right is convinced that there’s a personality cult around Bill Fucking Clinton.
There wasn’t a personality cult around Bill Fucking Clinton in 1993. There sure as hell isn’t one NOW. Most living Democrats are probably not old enough to have ever voted for him. Millennials definitively didn’t.
I would bet money that Clinton was technically prosecutable. @…
Sources: Kalshi told investors that its trading volume grew six times in the last six months and it is on an annualized pace for $600M to $700M in net revenue (Cory Weinberg/The Information)
https://www.theinformation.com/articles/las-vegas-kalshi-king
NFL Week 12 betting: Eagles vs. Cowboys part of expert's top money line parlays for favorites and underdogs
https://www.cbssports.com/nfl/news/nfl-wee
So much is happening in infosec, so don't fall behind. Check out today's Metacurity for the most critical developments you should know, including
--Cops take down alleged money-laundering operations E-Note,
--Google is suing mass texting operation Darcula,
--AI-generated social media firm Doublespeed was hacked,
--Former Israeli Prime Minister Naftali Bennett's messages were leaked,
--Korea launches massive probe of Coupang breach,
--Foreign pow…
Is there an attack going on with Card One Money, bank accounts run by Equals Money UK Ltd?
There's a banner on the Business web site saying "Card One Money Accounts are closing. The best way to get in touch to discuss this is via our Live Chat Service."
The Chat Service is saying it's out of hours.
The Business site says the phone service is down.
Now I've been told that it's Personal Accounts which are being closed, mine is a Business Accou…
News flash: Billionaires are unpopular. But, the strength of the sentiment and how fast the needle has moved were both surprises to me. https://www.nytimes.com/2025/12/14/opinion/billionaires-politics-money.html
👎🏿 Americans Are Mostly United Against 𝐶𝑖𝑡𝑖𝑧𝑒𝑛𝑠 𝑈𝑛𝑖𝑡𝑒𝑑
#politics
US startup seeks to reclaim Twitter trademarks 'abandoned' by Musk’s X
https://www.msn.com/en-us/money/companies/us-startup-seeks-to-reclaim-twitter-trademarks-abandoned-by-musk-s-x/ar-AA1RXPdy
…
Yet more proof that our collective resources are being spent on the wrong things. #climatechange #inequality
Tell Mozilla what you want them to do (and don't get distracted by how they try to shape the AI discourse. Tell them in the text box to stop wasting money on stochastic parrots and how to somehow make them "ethical" or whatever.
https://mozillafoundation.tfaforms.net/201<…
Republican leaders used money allocated for the health & safety of Florida's children... for election advertisements instead.
Taking money from children.
Let that immorality sink in.
#florida #Republicans
Worth a repost now and then, considering world events in the years since …
N.A.S.A. - Money (feat. David Byrne, Chuck D, Ras Congo, Seu Jorge, & Z-Trip
https://youtube.com/watch?v=TY8iLYB7Qv0&si=HEkne0U-4OvfL9tB
From recent discussions on Panix, I immediately wonder how often you back up that SD card to multiple locations.
They make external SSDs now that are orders of magnitude faster than an SD card, but that might or might not suit your purpose (or be worth your time and money).
UK tells Abramovich to give Chelsea money to Ukrainian cause or face legal action: https://benborges.xyz/2025/12/17/uk-tells-abramovich-to-give.html
Over the past quarter-century, political, legal and economic changes have reshaped the relationship between wealth and political power in America.
Economists say wealth is now more concentrated at the very top than at any time since the Gilded Age.
The tech and market revolutions of recent decades have created riches on an unprecedented scale.
Changing norms on executive compensation and lower-tax policies under Republican and Democratic administrations have helped insul…
Cowboys Insider Raises Concern on Jadeveon Clowney Return https://www.si.com/nfl/cowboys/onsi/news/dallas-cowboys-insider-raises-concern-jadeveon-clowney-return
Another connection between Epstein and the cyber world.
Jeffrey Epstein Pursued Swiss Rothschild Bank to Finance Israeli Cyberweapons Empire
https://www.dropsitenews.com/p/jeffrey-epstein-ariane-de-rothschild-ehud-barak-swis…
UK drug funds flowed into bank tied to Russian spy services, military https://therecord.media/uk-drug-funds-flowed-into-bank-tied-to-russia
Despite much opinion to the contrary, the government money we use is crappy.
I'm at bitfest in Manchester to find out if Bitcoin could be a better money.
It could hardly be worse.
The mood is still good, people are joking about recent devaluation rather than crying. Those who aren't all in are trying to buy more at the discount.
After an introduction by Mad Bitcoins, Joe Bryan explains the problem with government money.
He imagines an island on which two types of money are tried, with a dividing wall between them.
When economic problems hit, government can just print more money on the fiat side. Everyone now using money which is worth less. Distorting prices, inflating asset prices, making the rich (who hold assets) richer and the poor (who have to pay inflated prices) poorer. Driving wealth inequality.
On the hard money side, government must tax properly. Take in more from the rich rather than inflating to take it from the poor. Reducing wealth inequality.
On the government money side, the wealthy monitize houses, stocks, resources. Saving in money is impossible, its inflated away. So they save in assets and hording resources. Capital is misallocated. The youth can't afford houses. Poverty traps are caused. The only way out is printing more for benefits. Making it all worse. More economic crises, more printing. More government debt.
Eventually, the wall is broken. Government money people can save in the hard money instead. It reduces the value of government money further. More printing. More inflation.
Eventually, war. Funded by printed money.
The dollar is the best of a bad bunch all other government money is falling in value even faster.
I wonder, is bitcoin really this better money though? It's limited, hard, and can't be printed without energy investment.
I'm still unsure that fixing money fixes the world.
--
Note: "crypto" is mostly more like government money than bitcoin. It can be printed indefinitely by it's makers, does not cost it's makers to print. Crypto is usually just a scam people to get more bitcoin. Bitcoin is not crypto.
#bitfest #bitcoin
Investigation: $28B in crypto tied to illicit activity flowed into crypto exchanges like Binance over the last two years, as President Trump embraces crypto (New York Times)
https://www.nytimes.com/2025/11/17/technology/crypto-exchanges-dirty-money.html
The real reason people move to red states
The “U-Haul index” does not prove a point -- or at least the point the WaPo Editorial Board makes.
Yes, people are moving from more expensive to less expensive areas,
but why are those areas more expensive?
Many factors play into the calculation, but one is obvious and significant:
Real estate is more expensive where people want to live.
Tax rates by themselves don’t make real estate expensive;
ultimate…
I just sent this to my Congress critter who voted for HR 7006 - which effectively funds trump rather than resists him.
(It is too large for one part, so I am splitting it...)
I am *EXTREMELY* disappointed that you voted in favor of H. R. 7006.
That bill simply pours money into the pockets of our mad president - he will spend it without regard for the niceties or purposes in the bill. Did you read this bill? Just as a single sample from the bill's vast absurdities is th…
President Trump Unveils The Great Healthcare Plan to Lower Costs and Deliver Money Directly to the People (President Donald J. Trump/The White House)
https://www.whitehouse.gov/articles/2026/01/president-trump-unveils-the-great-healthcare-plan-to-lower-costs-and-deliver-money-directly-to-the-people/
http://www.memeorandum.com/260115/p133#a260115p133
When looking at what the western AI companies are doing my current view is:
- OpenAI is actively evil. There's no morals or anything. Just scamers trying anything to amass power and money
- Anthropic is has sniffed so much of its own farts that most of what they are doing is just writing fan fiction for their own models. They are not evil as much as they just need psychological help
- Mistral is yelling a lot of "we are European" which nobody hears cause who give…
Here’s my 35th “Long Links” outing, curation of long-form offerings, which assume that nobody has time to read all this stuff but one or two of the pieces might brighten your day. This one is mostly political but some of the politics are from France and China. Plus a way-cool analytical history of blogging and a section labeled “wonderful things”.
New Trump tariffs collection hits $200 billion, Customs says
https://www.msn.com/en-us/money/markets/new-trump-tariffs-collection-hits-200-billion-customs-says/ar-AA1Spkzz?ocid=finance-verthp-feeds
NFL Week 16 betting: Patriots vs. Ravens part of expert's top money line parlays for favorites and underdogs
https://www.cbssports.com/nfl/news/nfl-wee…
https://www.nytimes.com/2025/11/17/technology/crypto-exchanges-dirty-money.html
Even as the crypto industry gains mainstream acceptance, at least $28 billion tied to illicit activity has flowed into crypto exchanges over the last two years from hack…
On Office Comfort and Energy Efficiency - Sweating or shivering 9 to 5 at work? Small business or home office? Get comfy, save money, cut carbon! #office #frugal #thermostatWars -
🚨𝗖𝗔-𝟮𝟮 𝗨𝗣𝗗𝗔𝗧𝗘:
𝗕𝗲𝗿𝗻𝗶𝗲 𝗦𝗮𝗻𝗱𝗲𝗿𝘀 𝗷𝘂𝘀𝘁 𝗲𝗻𝗱𝗼𝗿𝘀𝗲𝗱 𝗗𝗲𝗺𝗼𝗰𝗿𝗮𝘁 𝗥𝗮𝗻𝗱𝘆 𝗩𝗶𝗹𝗹𝗲𝗴𝗮𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗛𝗼𝘂𝘀𝗲 𝗿𝗮𝗰𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝘂𝗻𝘁𝗿𝘆.
Randy is refusing corporate PAC money and running to represent working families in the Central Valley -- not billionaires.
But now, national Republicans are pouring dark money into this race to protect GOP Rep. David Valadao.
Bernie said it best:
We need more working-class people in Congress who aren’t beholden to special interests.
This …
🇺🇦 Auf radioeins läuft...
The Das:
🎵 What People Do For Money
#NowPlaying #TheDas
https://the-das.bandcamp.com/track/what-people-do-for-money
https://open.spotify.com/track/5mbdPQyMk5LyA91ZDkeDnO
"Jesus and Kathia are not sure what to do now, or where they will sleep if their vehicle is towed. The options for family shelter are limited until her child is born, she said, and she does not want to leave her dog, who also lives in her RV, behind."
https://missionlocal.org/2025…
As we head into the holiday season keep in mind that 20% of the population completely misses the point of that tale about Ebenezer Scrooge, and would happily steal the money Uncle Billy folded into that newspaper.
Samourai Wallet crypto mixer’s co-founders sentenced to prison https://therecord.media/samourai-wallet-crypto-mixer-founders-sentenced
🇺🇦 #NowPlaying on KEXP's #VarietyMix
Dazy:
🎵 I Don't Wanna Think About The Money
#Dazy
https://dazysound.bandcamp.com/track/i-dont-wanna-think-about-the-money
https://open.spotify.com/track/1MwRldGq4maxaW2Q0yHdks
Nearly $900 Million Flowed in Secret to Help Harris and Trump in 2024 (New York Times)
https://www.nytimes.com/2025/12/17/us/politics/harris-trump-dark-money-democrats-republicans.html
http://www.memeorandum.com/251217/p109#a251217p109
NFL picks: 49ers vs. Seahawks a part of expert's top money line parlay for Divisional Round
https://www.cbssports.com/nfl/news/nfl-picks-…
Daniel prince from Once Bitten podcast on usury and banking.
Usury is lending money, charging interest.
Aristotle thought money was for use not for interest. He thought usury unnatural.
Many religious quotes saying not to extract interest.
"Money is power" but this is not gold or paper money. It's credit. Infinite money with interest. Which breaks everything.
Imagine a mortgage. Prices of homes inflated by available interest. You have to give a deposit but the bank creates ten times that in new money! Who gets rich here? Banks are printing money. That inflates prices and dilutes money purchase power.
Not just mortgages. Business loans, repair loans, global scale of all of this.
Not only did they create that money, the charge interest on the money they created! And if you don't pay, they take the house.
One judge found this all illegal, but was soon overruled and found mysteriously dead.
What can you do eh? Only opt out. Don't take loans. Use a money that stores value instead of losing it.
#bitfest #bitcoin #banking
Cuba defiant after Trump says island to receive no more Venezuelan oil or money | KSL.com
https://www.ksl.com/article/51431498/cuba-defiant-after-trump-says-island-to-receive-no-more-venezuelan-oil-or-money
ATG, which is developing the AI-powered wealth strategist app Autonomous, emerges from stealth and raises a $15M pre-seed led by Y Combinator CEO Garry Tan (Geoff Weiss/Business Insider)
https://www.businessinsider.com/atg-autonomou…
Brandon LaRoque kept his life savings in a cryptocurrency account.
One morning, as he went to check his balance, he discovered that it was all missing.
LaRoque is one of many victims of the unregulated crypto industry,
and soon there may be more.
Donald Trump has rolled back regulation of the industry.
At the same time, he and his family have earned untold billions of dollars from new crypto ventures.
Molly White, a writer focused on the intersection…
NFL picks: Seahawks vs. 49ers showdown part of expert's top money line parlay for Divisional Round
https://www.cbssports.com/nfl/news/nfl-pic
Sources: General Intuition, which trains AI agents in spatial reasoning, is in late-stage talks to raise several hundred million dollars at a $2B valuation (Alex Heath/Sources)
https://sources.news/p/a-new-world-model-startup-is-quietly
ICE Out of MN!
Solidarity Event
Saturday, December 20
11:30am – 2pm CST
East Lake Street & Bloomington Avenue
Minneapolis, MN 55407
https://www.mobilize.us/indivisibletwincities/event/877268/
Sources detail how Tiger Global fueled the COVID-era unicorn bubble that burst ahead of the AI boom; the firm recently shared its $12.7B 2021 fund is now up 16% (Issie Lapowsky/Rest of World)
https://restofworld.org/2025/tiger-global-unicorn-investment-crash/
How much Phillip Rivers is making during his brief Colts return
https://www.cbssports.com/nfl/news/phillip-rivers-contract-salary-colts-quarterback/
NY-based Octane, which offers "instant" financing for large recreational and lifestyle purchases, raised a $100M Series F at a post-money valuation of $1.3B (Mary Ann Azevedo/Crunchbase News)
https://news.crunchbase.com/venture/re
Trump is keeping proceeds from the first sale of Venezuelan oil
in an offshore bank account based in Qatar, according to reporting from Semafor.
The sale was worth $500 million.
This unprecedented move is yet another middle finger to Venezuelan sovereignty
and once again raises questions about the president’s cozy relationship with the Qatari government.
“There is no basis in law for a president to set up an offshore account that he controls
so that he ca…
The US sanctions eight people and two companies it accused of laundering money obtained from cybercrime and IT worker schemes for the North Korean government (Tim Starks/CyberScoop)
https://cyberscoop.com/north-korean-co…
Money is power, and the founders of this country feared that a president would turn into a monarch if he alone could dictate how the government uses the federal Treasury.
President Trump, however, has tried to take Congress’s constitutional power and make it his own.
He has repeatedly ignored laws passed by the House and the Senate to spend money, or not spend it,
based on his whims and agenda.
He has violated the law at least six times,
according to the Governm…
Sources: Apptronik, a humanoid robot maker backed by Google, is in the process of raising at least $400M led by B Capital at a $5B pre-money valuation (The Information)
https://www.theinformation.com/articles/google-backed-apptronik-tal…
Customer engagement service MoEngage raised $180M in a follow-on Series F, split into a $57M primary and $123M secondary round, weeks after raising $100M (Jagmeet Singh/TechCrunch)
https://techcrunch.com/2025/12/16/week…