Nov 202017
 
Dili, East Timor – Smouldering fires. Haphazard explosions. Malnourished children. The disintegration of law and order, and the absence of social services. In 1999, images such as these sparked widespread public anger around the world and the dispatch of an international peacekeeping force to East Timor after anarchy erupted following the country's independence referendum on leaving Indonesia. But nearly two decades after peace was restored in East Timor nothing much has changed at the Tibar landfill near the capital Dili, where rubbish scavengers as young as eight years old eek out a living in unimaginable conditions. The unregulated dumping ground for most of Dili's garbage – including lethal asbestos and untreated hospital waste – the seven-acre site set in the belly of a steep valley is an environmental and public health catastrophe. According to World Health Organization, "about 100 tonnes of hazardous wastes are produced every year in Dili from healthcare activities alone. As there is no centralised treatment or disposal facility available for such waste, they are quite often disposed [of] with municipal waste in Tibar". Smoke in your eyes The first thing that strikes visitors at the Tibar landfill are wafts of acrid black smoke released by fires set by scavengers to melt plastic from products such as washing machines and chairs that can then be sold as scrap metal. "The smoke really surprised me. It's surreal – a 24-seven smouldering heap," says Chris Kaley, a tourist from Australia who visited the landfill with Bruce Logan, the Australian co-owner of Dili's Beachside Hotel. "I come here once or twice a week to dump rubbish. I also bring any of our guests who are interested in seeing how the other half live," Logan says. "I call it the 'stop-your-winging tour' because coming here gives you a reality check about the trivial things people complain about in Australia." The moment Logan parks his utility vehicle, a group of 20-odd scavengers dressed in torn filthy rags raid the bags of rubbish stacked on his vehicle's tray. Among them is Domingos, a 61-year-old man working at the landfill for six months. "The valuable things are bottles and cans," he says. "If I collect a big pile of cans, I can sell it for $1." There are also a number of children in the group, including an eight-year-old girl named Vanya who lives just outside the dump. She says she has been working (more…)
Nov 202017
 
A Major Change To Our Monetary System If history is to repeat itself, then investors and savers should be on the lookout for a major change to our monetary system in the coming years. The choices today are Gold, U.S. Dollar (fiat currencies) or Cryptocurrency. Which One Is best to prepare for the future? The most important thing to ask when choosing is “whether or not Cryptocurrency, Fiat currency or physical gold will remain money. What is Money? When analyzing each asset as Money, there are seven characteristics to observe: durability, portability, divisibility, consistency, instant recognition, acceptability and intrinsic value; as well as three functions: unit of account, medium of exchange, and store of value. Precious Metals? Jordan Eliseo (Kitco) said in a report published Monday. “Precious metals are likely the best and, just as importantly, simplest means of protecting your wealth through the difficult market environment we all face in the years ahead. History shows that physical gold has no peer when it comes to protecting purchasing power over long time periods, and why it has been humankind’s preferred choice of money for millennia.” But is that true today? Gold clearly meets the first five characteristics of Money as well as the last one: In that it is intrinsically valuable – both as an display of wealth (think jewelry) and in some industrial applications.” Cryptocurrency? I’m sure that if you’re reading this article, you’re at least a little intrigued by the idea of cryptoassets and blockchain technology. Governments all over the world are scratching their heads at what to do about this new technology. It’s an uncharted area and has already given rise to one of the greatest criminal tools of all time. An amazing part of this technology though, is that everything is decentralized and happens through the Internet, so pretty much all that governments can do is criminalize the exchanging of these cryptoassets. However, any attempts to stop development on these technologies will effectively leave these countries’ governments in the dark ages, while their citizens will still be able to skirt any regulations as long as they have the Internet. I think we’re at a pivotal moment where non-tech-oriented people are only now waking up to the idea that Cryptocurrencies aren’t just fake Internet gold, and that the other cryptocurrencies out there aren’t just a different “brand” of Bitcoin, and can be evaluated entirely on their merits. (more…)
Nov 102017
 
GREENFIRE ETHICAL FILAMENT STANDARD FOR 3-D PRINTING Note: In addition to the standards outlined below, GreenFire DAO Foundation will comply with national legislation and also other recognized standards and conventions such as the International Labour Organisation (ILO). The Rationale for an Ethical Filament Standard A main goal of fair trade is to provide opportunities and stable trading partners to economically disadvantaged producers and to open up new markets (WFTO, 2013). Fair trade filament has the potential to benefit some of the world’s most disadvantaged – the millions of people, predominantly in developing countries, whose livelihood and income come from picking waste on dumps through the possibility of some income stability, access to the plastic value chain and further job creation without a large startup cost or difficult job training. Pickers can be employed to collect and process the plastic through all the steps shown below. As well as plastic collection and sale, through the acquisition of a recycling machine, such as a Filabot extrusion and filament system, https://www.filabot.com , pickers will have the ability to enter the value chain and turn their plastic into filament themselves to provide a higher value return and diversify their income. This filament could then be sold to make useful products for local and national communities that could be in turn sold. In addition, a picker or other local workers could buy or be microfinanced to begin making finished products from the waste plastic filament. These finished products can have substantial value and can either be used to offset household costs or again sold on the market for profit. This process could be especially beneficial in rural areas where markets are not as varied as in cities and consumers simply lack access to many products. The main goals for a fair trade standard for filament are: • To provide an environmentally friendly and ethically produced filament alternative to meet market need. • To open up a new market for value added products that can be produced by waste pickers. • To ensure that a transparent minimum price is paid to waste pickers for the plastic used to make ethical filament. This will ensure that waste pickers are able to earn a wage that meets or exceeds sector regulations, collective bargaining agreements and regional average minimum wage (where these exist). • To provide the opportunity for waste pickers to further their position and improve their income (more…)
Nov 052017
 
GreenFire Engineered Reclamation Offers The World’s First Reclamation Cryptocurrency GreenFire Engineered Reclamation is a Global Landfill Mining and Reclamation Company and is issuing a Pre-ICO to raise funds for the development of our Reclamation Coin. Our coin is the only cryptocurrency in the world dedicated to Global Reclamation. GreenFire Engineered Reclamation Global Landfill Mining and Reclamation Coin is the Global Gold Concerns – GGC. The GGC Coin Pre-ICO Sale is hosted at http://smallgoldtoken.com. Small Gold Token – SGT – is the Pre-ICO fund raiser for Global Gold Concerns – GGC – and is a redeemable/convertible token. GreenFire has staked 100,000 Grams of gold for this Pre-ICO represented by an issue of 100,000 SGT Tokens. The SGT Token is redeemable for one gram of 999.9 pure Gold produced from contracted mining operations. OR Each SGT Token may be exchanged for GGC at a rate of 100:1. In other words Each SGT can be exchanged for 100 GGC during the boot strap phase. Global Gold Concerns http://globalgoldconcerns.com is the host of the ICO for GGC, a gold and asset backed cryptocurrency, developed on the Ethereum blockchain. GGC is a reclamation coin. GGC ICO projected price is $1.00 GGC is backed with hard assets from: The precious metals reclaimed from the Landfill Reclamation Precious metals reclaimed from the reclamation of mine tailings Pledges of Gold from associated Gold Mines. Real Estate A portfolio of Cryptocurrencies: bitcoin, bitcoincash, ethereum … GGC is a hedged and balanced cryptocurrency investment. Papers: Coming Soon Executive summary for Co. Whitepaper for GGC Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Oct 312017
 
The Blockchain technology enables tokenization of gold. Investors consider precious metals and cryptocurrencies as substitutes, as the value of both asset classes depends on the level of faith in the national fiat currencies. However, a few cryptocurrencies backed by gold exist, potentially creating financial ecosystems. (a complete list of gold-backed cryptocurrencies is here). The main advantage of gold-backed tokens compared to other cryptocurrencies is that they reduce the exposure to downside risk, as investors can exchange these tokens for gold. Hence, investors should not lose all their money in the case of a market crash, as the value of bullion serves as the floor price (the price of gold-backed cryptocurrency is always at least equal to the spot price of gold). And when compared to investing in physical bullion, gold-backed tokens offer higher comfort of trading. However, there are also drawbacks. Investors have to pay premiums over the spot gold price in order to cover the companies expenses. Mitigating The Risk Addressing counter party risk, all transactions are accompanied by a legally binding international multi signature smart contract minimizing exposure to any financial risk that might exist. The risk resulting from third-party participation and the usual fact that someone has to store the gold somewhere and promise to exchange tokens for the underlying metal, that risk is removed. The reason, the gold is mined from our own mines. We do the refining and minting. When redeemed, the gold is shipped by trusted and insured courier, like FedEx. And we are completely transparent about it. The Bottom Line Is, tokenization of gold is on the rise. This is good news for the precious metals market, as it will increase demand for gold. And the whole idea of gold-backed tokens is fascinating, it will revolutionize gold trading . Although there are some synergies, the marriage between cryptocurrencies and precious metals will not be quick and easy. Some doubts remain: cryptocurrencies are decentralized, while gold must be stored by some central authority. And why should investors buy gold-backed cryptocurrencies and pay a premium, just to have tokens convertible to gold for a fixed weight of Gold. One answer is that Small Gold Tokens are convertible to the one gram it represented at the time of purchase when they are exchanged regardless of the spot price. Another consideration is the trading capability of the coin itself. Cryptocurrency is recording increasing levels of market cap (more…)
Oct 072017
 
Startling Facts About Ocean Pollution You Need to Know Right Now One of the major environmental issues that we get to hear about today is about ocean pollution, and how it is taking its toll on marine life. This problem is no more a thing of tomorrow. The denial mode might seem comforting, but the fact is, we are already at the receiving end. According to the data compiled by the National Oceanic and Atmospheric Administration (NOAA), approximately 1.4 billion lbs of trash is dumped in the oceans every year. On an average, 8 million items of marine litter are disposed in oceans every single year; approximately 5 million of which are either thrown off board or lost during a storm. It is estimated that 70 percent of the total marine litter is deposited at the seabed; the remaining 30 percent either keeps floating in the ocean or is washed ashore (beach trash). Interestingly, pollution caused by marine transportation only accounts for 10 percent of the total ocean pollution; even that is down from 12 percent in 1990. As a part of the annual International Coastal Cleanup campaign, 598,000 volunteers collected over 9 million lbs of trash from various sites across the world in 2011. In oceanography, 'ocean pollution' is described as pollution of ocean water due to accidental, or deliberate dumping of harmful materials, such as crude oil, ore, or toxic materials, in it. Around 2 million plastic bottles are used in the United States every 5 minutes. Marine debris include a wide range of items – right from cigarette butts and plastic bottles to abandoned fishing nets and oil spilled by vessels plying in these oceans. Marine animals either ingest these debris by mistake or get entangled in them, and end up dying in most of the cases. Shorebirds and other terrestrial species are directly or indirectly dependent on the marine biome, and therefore, are vulnerable to ocean pollution. In their annual Beach Sweep report, the 'Clean Ocean Action' comes up with a list of unusual items found in beach trash — which they call the Roster of Ridiculous. In 2011, this list had some really unusual things, including car bumpers, hair curlers, wax teeth, fire extinguisher, and even a water cooler. Approximately 80 percent of the total ocean pollution is attributed to land-based activities, i.e., non-point sources, like untreated sewage, industrial waste, agricultural runoff, surface runoff, etc. (more…)
Sep 132017
 
Plastic Ain’t so Fantastic It is now believed that there are 5.25 trillion pieces of plastic debris in the ocean. Of that mass, 269,000 tons float on the surface, while some four billion plastic microfibers per square kilometer litter the deep sea. (1) Shoppers worldwide are using approximately 500 billion single-use plastic bags per year. This translates to about a million bags every minute across the globe, or 150 bags a year for every person on earth.  And the number is rising. If you joined them end on end they would circumnavigate the globe 4,200 times. 100,000 marine creatures a year die from plastic entanglement and these are the ones found. Approximately 1 million sea birds also die from plastic. A plastic bag can kill numerous animals because they take so long to disintegrate. An animal that dies from the bag will decompose and the bag will be released, another animal could harmlessly fall victim and once again eat the same bag. The floods in Bangladesh in 1988 & 1998 were made more severe because plastic bags clogged drains. The government has now banned plastic bags. In Ireland they introduced a 15c plastic bag tax and reduced their usage by 90% in one year. It is now 22 cents. The #1 man made thing that sailors see in our ocean are plastic bags. There are believed to be 46,000 pieces of plastic in every square mile of ocean. There are 5 ocean gyres in the world where plastic gathers due to current circulation. These gyres contain millions of pieces of plastic and our wildlife feed in these grounds. It can take anything between 20-1000 years for a plastic bag to break up. I mean break up as they break up into smaller pieces. They don’t break down and those that do, break down into polymers and toxic chemicals. It costs US$4,000 to recycle 1 tonne of plastic bags and you get a product that can be sold on the commodities market for US$32. We must stop them because recycling is not viable. It takes just 4 family shopping trips to accumulate 60 shopping bags. World wide, 13,000-15,000 pieces of plastic are dumped into the ocean every day. Every year, 6.4 million tonnes are dumped into the ocean. This is the same as 3,200 kilometres of trucks each loaded with garbage. At least two thirds of the world’s fish stocks are suffering from (more…)
Sep 102017
 
BY JAMES RICKARDS POSTED  SEPTEMBER 8, 2017 Dear President Trump: America is in for a Rude Awakening in January Dear President Trump, Over the last couple of years I’ve been all over TV… from Fox News to CNBC, CNN and Bloomberg. I’ve been telling our fellow Americans that the financial global elite was planning to issue their own globalist currency called special drawing rights, or SDRs. And that those elites would use this new currency to replace the U.S. dollar as the global reserve currency. I’ve even written about this extensively in my best-selling booksThe Road to Ruin and The New Case for Gold. I’m sure some people in the mainstream media thought I was out of line — but the United Nations and the International Monetary Fund (IMF) have both confirmed this plan to replace the U.S. dollar is real. I’ve made this warning many times, but it seems to be falling on deaf ears. That’s why I’m writing directly to you. Here’s the proof that the U.S. dollar is under attack, right in front of our eyes: The UN said we need “a new global reserve system… that no longer relies on the United States dollar as the single major reserve currency.” And the IMF admitted they want to make “the special drawing right (SDR) the principal reserve asset in the [International Monetary System].” More recently, the IMF advanced their plan by helping private institutions, such as the UK’s Standard Chartered Bank, issue bonds in SDRs. Although our mainstream media ignored this major event, the UK media reported: This is all happening. And on January 1st, 2018, this trend to replace the U.S. dollar will accelerate. That’s when the global elite will implement a major change to the plumbing of our financial system. It’s a brand-new worldwide banking system called Distributed Ledger Technology. And it will have a huge impact on seniors who are now preparing for retirement. When this system goes live, many nations will be able to dump the U.S. dollar for SDRs. For now, the U.S. dollar is still the world’s reserve currency. Other nations have to hold and use the U.S. dollar for international trade, instead of their own currencies. This creates a virtually unlimited demand for U.S. dollars, which allows us to print trillions of dollars each year to pay for wars, debt and anything we want. It keeps our country operating. Now, we can see that (more…)
Sep 102017
 
Please allow me to remind you … (self.Bitcoin) submitted 10 hours ago by brahim789 Guys, please allow to me remind you that any innovative idea is almost always welcomed with skepticism/hostility by those who have much to lose from its success. Take the example of cars. In the past, when the first cars were created, the railway and stagecoach industry used all their weight to put pressure on the authorities to prohibit them. You know, using the same well-known sneaky technique of the capitalist: the manipulation of opinion. They tried to convince people that the car was too dangerous for people and frightened the horses. They managed to pass a law in 1865 in England that restricted their use only to a crew composed of : a driver, an engineer and a human horn (a man with a flag that warns people of the arrival of the car .. knowing that the car was limited to a speed of 4 miles per hour.) And there are many other examples you probably know. So we should be glad to see the authorities try to slow down the bitcoin because this shows that this technology is following the same pattern as all the innovative technologies that improve the daily lives of peoples and here to stay for a long time. So, i want to say thank you to China. Please go further in your bitcoin prohibition. Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)
Sep 062017
 
By Paul Ebeling on September 6, 2017 China Begins Resetting The World’s Reserve Currency System $GLD, $OIL, $CNY It is a strategic move swapping Crude Oil for Gold, rather than for US Treasuries, which can be printed at will. A report released by the Nikkei Asian Review indicates that China is prepared to release a RMB Yuan denominated Crude Oil futures contract that is convertible, aka backed by physical Gold. The contract will enable China’s largest Crude Oil suppliers to settle Crude Oil sales in RMB Yuan, rather than in USDs, and then convert the RMB Yuan into Gold on exchanges in Hong Kong and Shanghai. This is a significant step in removing the global reserve currency status of USD, and resetting the global economic and geopolitical “landscape.” Over the past several years, China has quietly established RMB Yuan-based currency exchange facilities, which has set up the ability to implement this new non-USD trade settlement financial instrument. According to the Brookings Institute, 34 Central Banks around the world have signed bi-lateral local currency swap agreements with the PBOC (Peoples Bank of China) as of the end of September 2016, including the major Crude Oil-producing countries. With this new contract, China’s largest Crude Oil suppliers will now be able to transact directly with China, and other Crude Oil importing countries, using RMB Yuan which are directly convertible into Gold to settle the trade. This is a mechanism which is likely to appeal to Crude Oil producers that prefer to avoid using USDs, and are not ready to accept that being paid in RMB Yuan for Crude Oil sales to China is a good idea yet. Since Y 1973, OPEC Crude Oil has been quoted and traded using USDs, otherwise known as “Petrodollars.” The “recycling” of petrodollars into US Treasuries has been the life-blood of the US economic and political system. In addition to reducing a major source of funding for the US Government’s enormous deficit spending, the introduction of a Gold-backed RMB Yuan Crude Oil futures contract is an important step toward removing the USD as the world’s reserve currency. More significantly it re-introduces Gold into the global monetary system. As the new Gold-backed “Petroyuan” will allow Crude Oil producers to sell Crude Oil for Gold rather than US Treasuries. Furthermore, it reduces the ability of the US Government to impose its will on the rest of the world. And is a strategic step toward not only ridding the (more…)