Posts Tagged ‘facebook’

IDFComputerSchool

 

How Israeli spies are flooding Facebook and Twitter

”One of the principles for success is keeping our methods of action secret…Since most of the ministry’s actions are not of the ministry, but through bodies around the world who do not want to expose their connection with the state, we must protect the information whose exposure could harm the battle.”

Bill calling to keep Strategic Affairs Ministry`s efforts to combat delegitimization secret passes first reading

 

 

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Payments can happen cheaply and easily without banks or credit card companies. This has now been demonstrated – not in the United States but in China. Unlike in the US, where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these cashless payments totaled a whopping $41.5 trillion; and 90% were through Alipay and WeChat Pay, a pair of digital ecosystems that blend social media, commerce and banking. According to a May 2018 article in Bloomberg titled “Why China’s Payment Apps Give U.S. Bankers Nightmares”:

The nightmare for the U.S. financial industry is that a technology company—whether from China or a homegrown juggernaut such as Amazon.com Inc. or Facebook Inc.—replicates the success of Alipay and WeChat in America. The stakes are enormous, potentially carving away billions of dollars in annual revenue from major banks and other firms.

That threat may now be materializing. On June 18, Facebook unveiled a white paperoutlining ambitious plans to create a new global cryptocurrency called Libra, to be launched in 2020. The New York Times says Facebook has high hopes that Libra will become the foundation for a new financial system free of control by Wall Street power brokers and central banks.

But apparently Libra will not be competing with Visa or Mastercard. In fact the Libra Association lists those two giants among its 28 soon-to-be founding members. Others include Paypal, Stripe, Uber, Lyft and eBay. Facebook has reportedly courted dozens of financial institutions and other tech companies to join the Libra Association, an independent foundation that will contribute capital and help govern the digital currency. Entry barriers are high, with each founding member paying a minimum of $10 million to join. This gives them one vote  (or 1% of the total vote, whichever is larger)  in the Libra Association council. Members are also entitled to a share proportionate to their investment of the dividends earned from  interest on the Libra reserve – the money that users will pay to acquire the Libra currency.

All of which has raised some eyebrows, both among financial analysts and crypto activists. A Zero Hedge commentator calls Libra “Facebook’s Crypto Trojan Rabbit.” An article in FT’s Alphaville calls it “Blockchain, but Without the Blocks or Chain.” Economist Noriel Roubini concurs, tweeting:

It will start as a private, permissioned, not-trustless, centralized oligopolistic members-only club. So much for calling it “blockchain”. … [I]t is blockchain in name only and a monopoly to extract massive seignorage from billions of users. A monopoly scam.

Another Zero Hedge writer calls Libra “The Dollar’s Killer App,” which threatens “not only the power of central banks but also the government’s money monopoly itself.”

From Frying Pan to Fire?

To the crypto-anarchist community, usurping the power of central banks and governments may sound like a good thing. But handing global power to the corporate-controlled Libra Association could be a greater nightmare. So argues Facebook co-founder Chris Hughes, who writes in The Financial Times:

This currency would insert a powerful new corporate layer of monetary control between central banks and individuals. Inevitably, these companies will put their private interests — profits and influence — ahead of public ones. . . .

The Libra Association’s goals specifically say that [they] will encourage “decentralised forms of governance”. In other words, Libra will disrupt and weaken nation states by enabling people to move out of unstable local currencies and into a currency denominated in dollars and euros and managed by corporations. . . .

What Libra backers are calling “decentralisation” is in truth a shift of power from developing world central banks toward multinational corporations and the US Federal Reserve and the European Central Bank.

Power will shift to the Fed and ECB because the dollar and the euro will squeeze out weaker currencies in developing countries. As seen recently in Greece, the result will be to cause their governments to lose control of their currencies and their economies.

 

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fb-idiocy

 

An example of Zuckerberg’s complete detachment from meaning. I go to CNN to harass them for their endless propaganda. I am not a “fan” and I do not want their silly “badge.”

Facebook, today, has locked me out of posting to groups, evidently because one sniveling coward in one group didn’t like my Sophia the Robot music video. What that has to do with all the other groups? Nothing whatsoever.

Previously, Facebook kicked me off for extended periods for teaching basic history about the Nazis and how the same shit–the BIG LIE in particular–is being used today by the US regime. The people behind Facebook, including supposed humans who look at “appeals” are so stupid, perhaps representative of the drooling imbeciles across the society, that you cannot trust it to have any sense whatsoever. It’s a random authoritarian computer regime regulating the speech of the human population across the globe.

For real.

Stick that on a badge.

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Facebook’s new public policy manager for Ukraine Kateryna Kruk is a former government official, diehard nationalist, and anti-Russian jingoist who volunteered with the extreme-right party Svoboda during the 2014 US-backed coup.

Facebook Hires Ukrainian Nationalist

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16 Shots: behind a shocking film about an unlawful police shooting

 

PS

 

In yet another absurdity, Facebook censored the above post, exactly as it is, now disallowing film blogs to post trailers of films. They claim it’s “spam.” I wonder if that applies to all film blogs and their deluge of Avengers drivel, or is it more focused on police murder and documentaries about political issues?

 

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A review of the Facebook accounts of thousands of officers around the US — the largest database of its kind — found officers endorsing violence against Muslims, women, and criminal defendants.

“Good Day for a Choke Hold”
In Philadelphia, which has roughly 6,600 officers, the Plain View Project identified 1,073 on Facebook, about a third of whom had made troubling posts or comments.

 

So, “freedom” is a fascist police state and “liberty” means unaccountable badges attacking citizens with impunity…

Argentina | IMF protest

SEND IN THE BANKERS!
Leaked Wikileaks Doc Reveals US Military Use of IMF, World Bank as “Unconventional” Weapons

A very odd thing indeed for FACEBOOK to CENSOR, but here come the bogus “community standards” again:

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