Free Republic

In tapping Judy Shelton to become one of two Federal Reserve Board governors, President Donald Trump selected one of the minority of mainstream economists supportive of a return to the gold standard and critical of central bank activity. Shelton, who serves as the U.S. executive director at the European Bank for Reconstruction and Development, wrote as recently as last year in support of pegging the dollar to gold prices. Trump announced his intention to nominate both Shelton and St. Louis Fed economist Christopher Waller via tweet on Tuesday. Shelton’s unorthodox monetary beliefs will likely draw questions from Senate lawmakers, who...

Last week we saw bitcoin, the great hope of cryptocurrency, skyrocket to over $13,000. It was in the vicinity of $3,200 as recently as December. Why? Maybe it was Facebook’s new venture into creating its own digital currency, Libra — although, if that were to be successful, how it would offer any type of validation of bitcoin is beyond me, and a whole lot of smart people on Wall Street. In fact, it might spell the beginning of the end for bitcoin. There are almost no major Wall Street investors of substance with meaningful track records who have invested in...

The Riviera Beach City Council authorized the city’s insurer to pay nearly $600,000 worth of ransom to regain access to data walled off through an attack on the city’s computer systems. In a meeting Monday night announced only days before, the board voted 5-0 to authorize the city insurer to pay 65 bitcoins, a hard-to-track cryptocurrency valued at approximately $592,000. An additional $25,000 would come out of the city budget, to cover its policy deductible. Without discussion on the merits, the board tackled the agenda item in two minutes, voted and moved on. The dollar amount was not mentioned before...

This is truly an amazing end times story we bring you today, one that sounds like it’s fresh off the pages of end times novels like ‘Left Behind‘, but this is no fiction, no sir. This is stunning end times Bible prophecy coming true before our very eyes. What is the Internet but the One World System that connects all people everywhere around the planet. What is social media but a digital marketplace where billions and billions communicate with each other. Now today we bring you the story of Facebook’s new cryptocurrency named ‘Libra’ which is set to launch globally...

Facebook has secured the backing of over a dozen companies for its upcoming Libra cryptocurrency set to be announced next week, The Wall Street Journal reports. These companies include major financial organizations like Visa and Mastercard, and internet darlings like PayPal, Uber, Stripe, and Booking.com. Each will invest around $10 million to fund development of the currency, and will become part of the Libra Association, an independent consortium that will govern the digital coin independently of Facebook.

For my followers: my recent tweets are less for you than they are fir my pursuers. They are shots across the bow .. https://twitter.com/officialmcafee/status/1137799476507217921

John McAfee Talks About ‘Russian Hack’ One of the most brilliant cyber-security experts has come forward to give his thoughts on the supposed Russian hack of the U.S. election. I will be on @RT_America today at 8pm ET. I’ll drop a bombshell on today’s US intelligence claims. @realDonaldTrump I hope you’re listening. — John McAfee (@officialmcafee) January 5, 2017 From RT: The sloppiness of the alleged DNC hack by itself proves it was not organized by a nation state, and the “utter nonsense” presented as proof of Moscow’s involvement is rather evidence of intelligence agencies being “ignorant and naïve,” John...

"John McAfee -- in an email exchange and follow up phone call just moments ago -- said sources within the Dark Web suggest it was Iran, and he absolutely agrees. While Russian hackers get more media attention nowadays, Iranian hackers have had their share. "

John McAfee, the anti-virus program pioneer and gadfly U.S. presidential candidate, claimed that unlocking the Apple iPhone of Syed Farook, one of the shooters who carried out a deadly attack in San Bernardino, California, late last year, is a “trivial” exercise and explained how it should take the FBI just 30 minutes to complete it. McAfee, who is among 12 candidates vying for the Libertarian Party nomination to run for president this year, spoke to Russia Today about the continuing debate over the FBI’s attempt to force Apple Inc. to unlock the iPhone 5C used by the terrorist by creating...

John McAfee, better known in recent years for his brushes with the law in Belize and Guatemala than for his anti-virus software, filed to run for United States president as a Libertarian candidate. McAfee told USA Today he plans to run on a platform of pardoning all marijuana users in prison and and to "stop the U.S. from being the world's policeman." Doug Craig, a national board member of the Libertarian Party, said,"He fits right in with our political philosophy.: Earlier this year, McAfee vowed to run as a member of the Cyber Party to "disrupt the political status quo"...

John McAfee, the antivirus software magnate who fled Belize after police tried to question him for murder, confirmed to CNNMoney that he plans to run for President in 2016 and that he'd created his own party -- the Cyber Party. McAfee explained that he decided to run after being encouraged by "almost everyone" he knows and meets. "I have a huge underground following on the web," McAfee said. "I promise you I will win because I have the votes."

US presidential candidate John McAfee has released his manifesto for the 2016 elections, revealing policies that include opening US borders to immigrants, ending the War on Drugs, and abandoning the TSA (Transportation Security Administration) in its entirety. McAfee, who founded the antivirus software company of the same name, confirmed his unlikely presidential bid – as a new third party candidate – earlier this month with the campaign slogan "privacy, freedom, and technology". The 1,700-word manifesto lists 10 key policy areas: foreign policy, War on Drugs, immigration, taxation, education, welfare, TSA, economy, cyber awareness and the FDA (Food and Drug Agency)....

Computer anti-virus creator John McAfee, the self-described "eccentric millionaire"-turned-fugitive from Belize, filed paperwork Tuesday to run for president — of the United States — as a third-party candidate. "I am founding a new party yet to be announced," McAfee, who turns 70 next week, said in a statement of candidacy filed with the Federal Election Commission, which was first reported by the political newspaper The Hill. A campaign website soon appeared.

Eccentric tech millionaire John McAfee has been arrested in Tennessee after being caught driving under the influence and for illegal gun possession, police say. McAfee, who created the virus-scanning software by the same name, was found driving erratically along a road in Henderson County on Sunday night and was arrested, police said. McAfee later admitted to being under the influence of Xanax, but said it was a new prescription and he was not aware it would impair his driving.

Bitcoin millionaire John McAfee — who’s a fugitive from the law for tax evasion — derisively taunted the U.S. government on Twitter. McAfee warned them to leave him alone or he will “f***ing bury” them. In a dizzying weekend Twitter rant, McAfee claimed that the Department of Justice is compiling a bogus case against him for money-laundering, racketeering, and murder.

Facebook is finally ready to reveal details about its cryptocurrency codenamed Libra. It’s currently scheduled for a June 18th release of a white paper explaining its cryptocurrency’s basics, according to a source who says multiple investors briefed on the project by Facebook were told that date. Meanwhile, the company’s Head of Financial Services & Payment Partnerships for Northern Europe Laura McCracken told German magazine WirtschaftsWoche‘s Sebastian Kirsch that the white paper would debut June 18th, and that the cryptocurrency would indeed be pegged to a basket of currencies rather than a single one like the US dollar to prevent price...

A US Representative is urging his colleagues to join him in implementing a nationwide US ban on cryptocurrencies. This cryptocurrency-averse stance comes as the Representative fears that cryptocurrency could replace the US dollar if not immediately curbed. Sherman: ”Cryptocurrencies are only useful for criminals” Specifically, the Congressman in question is the notoriously Bitcoin-averse California Democrat Representative Brad Sherman (D). He made these recent comments during a meeting of the House Financial Services Committee on May 9th. Sherman argued that a US ban on cryptocurrencies is necessary in order to counter, what Sherman claims, are cryptocurrency-specific hazardous effects. Moreover, Sherman made...

May 8 (UPI) -- Hackers have stolen more than $40 million worth of bitcoin from the world's largest cryptocurrency exchange, officials said. The Binance exchange said it discovered the breach Tuesday, and learned hackers stole 7,000 bitcoins in a single transaction. The company said it will cover the incident "in full" so no users' funds will be affected. As of early Wednesday, 7,000 bitcoins carried a value of about $41,009,000. The multi-prong attack used phishing, viruses and other methods to breach the accounts, Binance said. Sensitive user data was also mined, officials said. "The hackers had the patience to wait...

Table of Contents Centralized Cashless Payments in China Facial Recognition to ‘Name and Shame’ Is Not Enough Push vs Pull Payments: Centralization vs Decentralization China Has Control Over Your Financial Sovereignty Like a scene from an Orwellian nightmare, authorities in Shenzhen China show where the future of centralized cashless payments is headed. And it isn’t pretty. CENTRALIZED CASHLESS PAYMENTS IN CHINA China is known for its high rate of technology adoption. Of the 2 billion or so smartphones around the world, two-thirds of them are in China. Unlike most users in the West, Chinese smartphones are particularly popular for making...

New research is casting even more doubt on the legitimacy of bitcoin trading. An analysis published by Bitwise this week shows that 95 percent of bitcoin spot trading is faked by unregulated exchanges. The survey, first reported by The Wall Street Journal, echoes concerns by regulators that cryptocurrency markets are still ripe for manipulation. Bitwise, an asset manager in the process of trying to list the first-ever bitcoin exchange traded fund, said it met with the Securities and Exchange Commission on Tuesday to discuss its application. As a part of the process, it submitted analysis that could help regulators cut...