Three decades after Soviet collapse, Russia tells UN it’s eliminated ‘extreme’ poverty, but millions still require govt help


27-06-20 05:08:00,

The disastrous 1990s are now a generation ago, but the scars still remain. Only now has Russia eradicated extreme poverty, and 18.1 million people still live below the subsistence minimum. However, things are slowly improving.

On Friday, Russia told the UN it had “achieved the goal of eliminating extreme poverty,” and outlined the country’s successes. 

Its review also highlights the strides it has made in reducing deprivation at all levels of severity, although it has fallen short of its own targets. In 2018, 12.6 percent of the population (18.4 million) lived below the subsistence level, and preliminary data for 2019 suggests the percentage has decreased to 12.3 percent (18.1 million). The goal set for 2019 was 12 percent.

“Subsistence level” is determined by the cost of living, including the price of food and mandatory payments and fees.

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President Vladimir Putin has named poverty reduction as one of his priorities and previously instructed the government to achieve a two-fold reduction by 2024, setting the target at 6.6 percent.

The review also highlights Russia’s successes in reducing hunger across the country, noting that, in 2018, only 1.6 percent of those over the age of 18 suffered from malnutrition.

Earlier this year, the head of the Ministry of Labor, Anton Kotyakov, called poverty one of Russia’s most acute problems, and stated that the issue “needs to be put at the forefront of all our main areas of activity.”

Much of the country’s post-Soviet history has been blighted by economic difficulties. Less than a decade after the turmoil of the ’90s, the 2008 financial crash saw millions of Russians fall back into poverty, wiping out some of the gains from an eight-year boom. Just as that corner was turned, another recession followed in 2014, due to a combination of a collapse in oil prices and the fallout from the Ukraine crisis. Now, many fear the financial effects of the Covid-19 pandemic will put paid to the progress that’s been made.

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‘A Tale of Three Crises: Comparing 1929 with 2008 and 2020’ – Global Research


20-03-20 08:10:00,

In September 2018 I wrote an article predicting the next economic crisis would occur in 2-3 years. I was wrong. It’s taken only 18 months. What follows are excerpts from that article, then entitled ‘Comparing 1929 with 2008 and the Next’. It is important to understand how the now three great economic crises of the last century are in many ways similar, marked by a joint collapse of financial markets and the real economy, the one determining the other, and vice versa, in a downward general spiral. In other words, how financial cycles and crises precipitate and enable real ‘great’ contractions (not normal recessions) and how, in turn, real economic collapse exacerbates financial collapse as well. It’s not that one causes the other; both cause each other.

What follows is the verbatim reproduction of that article (minus some comments on the then upcoming 2018 midterm elections. For the full article, go to my website)


The business and mainstream press this month, September 2018, has been publishing numerous accounts of the 2008 financial crash on its tenth anniversary. This month attention has been focused on the Lehman Brothers investment bank crash that accelerated the general financial system implosion in the US, and worldwide, ten years ago. Next month, October, we’ll no doubt hear more about the crash as it spread to the giant insurance company, AIG, and beyond that to other brokerages (Merrill Lynch), mid-sized banks (Washington Mutual), to the finance arms of the auto companies (GMAC) and big conglomerates (GE Credit), to the ‘too big to fail’ banks like Bank of America and Citigroup and beyond. These ‘reports’ are typically narrative in nature, however, and provide little in the way of deeper historical and theoretical analysis.

Parallels & Comparisons 1929 & 2008

It is often said that the initial months of the 2008-09 crash set the US economy on a trajectory of collapse eerily similar to that of 1929-30. Job losses were occurring at a rate of 1 million a month on average from October 2008 through March 2009. One might therefore think that mainstream economists would look closely at the two time periods—i.e. 1929-30 and 2008-09—to determine with patterns or similar causes were occurring.

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Three Extraordinary Australian Journalists: Burchett, Pilger and Assange – Global Research


09-02-20 09:15:00,

Australia has produced extraordinary journalists across three generations: Wilfred Burchett (deceased in 1983), John Pilger (80 years old but still active) and Julian Assange (48 years old, currently in London’s Belmarsh prison).

Each of these journalists made unique contributions to our understanding of the world. Although Australia is part of the western world, each of these journalists exposed and criticized Western foreign policy.

Wilfred Burchett

Wilfred Burchett lived from 1911 to 1983. He was a farm boy and his experience in the depression shaped his dislike of oligarchs and preference for the poor.  He went to Europe trying to volunteer for Republicans in the Spanish Civil War but that did not work out.  Instead, he assisted Jews escaping Nazi Germany.

Image result for Wilfred Burchett

Burchett became a journalist by accident. Having seen the reality in Germany, he started writing many letters to newspaper editors. One of the editors took note of his fluid writing style and intensity. They contacted him to ask if he would like to report for them. Thus began a forty year writing career.

He covered WW2, first stationed with British troops in India then Burma. Then he covered the Pacific campaign stationed with U.S. troops.  He was the first international journalist to report on Hiroshima after the atomic bomb. He evaded US military restrictions to go to Hiroshima and see reality for himself. In his story “The Atomic Plague”, published in the London Daily Express, Burchett said,  “I write this as a warning to the world” and “Doctors fall as they work”.   Immediately the US launched a campaign to smear his reputation and deny the validity of his story. The US military was intent on preventing people from knowing the long term effects of nuclear radiation.

Burchett’s report from Hiroshima was broadcast world wide and called the “scoop of the century”. It exemplified his career based on first hand observation and experience.

Over his 40 year career he reported the other side of the story from the Soviet Union, China, Korea and Vietnam. He wrote thousands of articles and over 35 books.  On China he wrote “China’s Feet Unbound” in 1952. Two decades later he wrote (with Rewi Alley) “China: The Quality of Life”.

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Three Things You Didn’t Know About The Crash of 1929


28-10-19 08:59:00,

By Simon Black, Sovereign Man

October 28, 1929– 90 years ago today– is known as ‘Black Monday’ in financial circles.

The US stock market had peaked the previous month, on September 3, 1929, with the Dow Jones stock index reaching a record high of 381.

But throughout September and October, nervous investors began pulling their money out of the market.

And over a three-day period in late October (including Black Monday), the market lost more than 30% of its value.

Ninety years later, I thought it would be prudent to look at three key insights from that historic crash, starting with:

1) Stocks are more overvalued today than they were in 1929

Back in 1929, the price/earnings ratio of the average company trading on the New York Stock Exchange was about 15.

In other words, investors were willing to pay $15 per share for every $1 of the average company’s profit.

That’s not high at all. In fact, a Price/Earnings ratio of 15 is completely in line with historic averages.

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Money Revealed

Coca-Cola’s Price/Earnings ratio back in 1929 ranged between 15 and 18. Today it’s 30… meaning that investors today are willing to pay roughly twice as much for each dollar of Coke’s annual profit.

Coca-Cola is actually quite an interesting case study.

If we just go back a few years to 2010, Coca-Cola’s annual revenue was $35 billion. By 2018 the company’s annual revenue had fallen to less than $32 billion.

In 2010, Coca-Cola generated $5.06 in profit (earnings) per share. In 2018, just $1.50.

And Coca-Cola’s total equity, i.e. the ‘net worth’ of the business, was $31 billion in 2010. By 2018, equity had fallen to $19 billion.

So over the past eight years, Coca-Cola has lost nearly 40% of its equity, sales are down, and per-share earnings have fallen by 70%.

Clearly the company is in far worse shape today than it was eight years ago.

Yet Coke’s share price has nearly DOUBLED in that period.

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Destruction of Three WTC Towers: Project Due Diligence: Educating Engineers Across the U.S. About 9/11 – Global Research


13-05-19 08:01:00,

The relentless push by Architects & Engineers for 9/11 Truth for a new investigation into the destruction of the three World Trade Center towers has opened a promising new front over the past year thanks to the volunteer efforts of more than 40 engineers.

In May of 2018, AE911Truth launched a bold initiative called Project Due Diligence (PDD) aimed at engaging and educating the nation’s civil and structural engineers. The project is spearheaded by AE911Truth board member Roland Angle, CE, who has made it his mission to galvanize America’s engineering community to restore the professional and scientific credibility it lost after 9/11.

Image on the right: Civil engineer Roland Angle speaks at the first presentation of Project Due Diligence in April 2018 at the Marines’ Memorial Association in San Francisco.


Angle is a civil engineer who was trained in the use of explosives while in the U.S. Army Special Forces (see his bio with those of other key volunteers below). He has joined other AE911Truth members to create a PowerPoint presentation called, “A Critique of the NIST WTC Building Failure Reports and the Progressive Collapse Theory.” The presentation outlines the many errors, omissions, and false premises contained in the official reports, which were published by the National Institute of Standards and Technology (NIST) and endorsed by the American Society of Civil Engineers (ASCE).

The PDD presentation also cites major errors in Zdeněk Bažant’s “Progressive Collapse Theory,” which he submitted to the ASCE just two days after 9/11 and was published in their Journal of Engineering Mechanics just a few months later. AE911Truth takes the position that the ASCE leadership performed unethically from the start of the official investigations. In addition to failing to protest the illegal removal of debris (i.e., physical evidence) from the WTC crime scene, the ASCE continues to suppress scientific challenges to the data and methodology used by both the Bažant and NIST analyses, which misrepresent the building collapse mechanisms.

Angle and his team maintain that it is the professional duty of engineers to become familiar with the official reports endorsed by the profession’s most publicly visible organization (ASCE) and to assess the merit of any challenges to those reports. It is incumbent upon engineers,

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The Three Purposes of Russiagate – Global Research


22-04-19 08:51:00,

Russiagate has three purposes.

One is to prevent President Trump from endangering the vast budget and power of the military/security complex by normalizing relations with Russia.

Another, in the words of James Howard Kunstler, is “to conceal the criminal conduct of US government officials meddling in the 2016 election in collusion with the Hillary Clinton campaign,” by focusing all public and political attention on a hoax distraction.

The third is to obstruct Trump’s campaign and distract him from his agenda when he won the election.

Despite the inability of Mueller to find any evidence that Trump or Trump officials colluded with Russia to steal the US presidential election, and the inability of Mueller to find evidence with which to accuse Trump of obstruction of justice, Russiagate has achieved all of its purposes.

Trump has been locked into a hostile relationship with Russia. Neoconservatives have succeeded in worsening this hostile relationship by manipulating Trump into a blatant criminal attempt to overthrow in broad daylight the Venezuelan government.

Hillary’s criminal conduct and the criminal conduct of the CIA, FBI, and Obama Justice (sic) Department that resulted in a variety of felonies, including the FBI obtaining spy warrents for partisan political purposes on false pretexts from the FISA court, were swept out of sight by the Russiagate hoax.

The Mueller report was written in such a way that despite the absence of any evidence supporting any indictment of Trump, the report refused to clear Trump of obstruction and passed the buck to the Attorney General. In other words, Mueller in the absence of any evidence kept the controversy going by setting up Attorney General Barr for cover-up charges.

It is evidence of Mueller’s corruption that he does not explain just how it is possible for Trump to possibly have obstructed justice when Muller states in his report that the crime he was empowered to investigate could not be found. How does one obstruct the investigation of a crime that did not occur?

As Kunstler puts it,

“The Special Prosecutor’s main bit of mischief, of course, was his refusal to reach a conclusion on the obstruction of justice charge. What the media refuses to accept and make clear is that a prosecutor’s failure to reach a conclusion is exactly the same thing as an inability to make a case,

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Three Neo-Nazis Lead Ukraine’s Presidential Contest: Gallup Finds Ukrainians Despise All the Candidates


23-03-19 01:03:00,

Three Neo-Nazis Lead Ukraine’s Presidential Contest: Gallup Finds Ukrainians Despise All the Candidates


Gallup headlined on March 21st, “Ukraine’s Election: Voters Disenchanted Ahead of Key Vote”, and “World-Low 9% of Ukrainians Confident in Government”. Might the reason for both be that no candidate in the contest is respected by the Ukrainian public, and that only three — the candidates with the least-low public approval — are the only ones who have even a remote chance of winning, and that all three of those candidates are racist-fascists, or hold the ideology of nazism? This will be documented here:

Nazism, which is the ideology of fascism but with a heavy added component of racism, has been doing well in post-‘revolutionary’, or post-2013, or post ‘Maidan’ ‘revolution’, Ukrainian politics. The form of racism that dominates today’s Ukraine is against Russians more than against Jews, and so though the ideology is the same as was Germany’s nazi ideology, its main ethnic target isn’t the same. Some of Ukraine’s leading nazis are, in fact, Jews who hate Russians. Whereas Germany’s nazis wanted to exterminate all Jews, Ukraine’s nazis want to exterminate all Russians. But this is all that Ukraine’s voters are being offered, ever since the democratically elected President was thrown out in February 2014. He was fairly unpopular, but not as despised as the politicians who replaced him and his Government are.

The three top Presidential contenders in the upcoming March 31st election, as shown in all the polling, are:

Yulia Tymoshenko, the former ‘gas princess’ who had been convicted and sent to prison for skimming from Ukraine’s gas monopoly, the National Oil and Gas Company of Ukraine. She had established herself as a passionately anti-Russian Prime Minister and had been the preferred candidate of the Barack Obama U.S. Administration to win the 25 May 2014 election, but that election was instead won by a more moderate anti-Russian, the candy and shipbuilding oligarch Petro Poroshenko, who, as President, continued the ethnic-cleansing campaign that had been started by the interim leader of Ukraine who had been selected as Ukraine’s leader in a famous phone call by Victoria Nuland, who was U.S. President Obama’s top operative planning and executing the February 2014 U.S. coup, which coup overthrew the elected President,

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Common Causes Of Three Crises In Three Continents


18-03-19 09:36:00,

Authored by Amir Taheri via The Gatestone Institute,

  • The last century witnessed a plethora of ideology-based regimes: The Union of Soviet Socialist Republics, the People’s Republic of China, the United Arab Republic and the Buddhist Socialist State of Myanmar among others. The pretension behind all those labels was that rather than being the art of solving the people’s problems, politics was a means of advancing the real or imagined goals of an ideology.

  • Another thing the three crisis-struck regimes (Iran, Algeria, Venezuela) have in common is that they are all oil-and-gas states, which means that because they don’t depend on income from taxation, they can regard their people as expensive and bothersome extras.

  • In all three countries, the traditional military holds the balance of power between the ruling elite of which their own top brass is part and the mass of the rebellious citizenry.

Three crises in three continents: Iran in Asia, Algeria in Africa and Venezuela in Latin America. Do they have anything in common?

Pictured: Supporters of Venezuela’s opposition leader Juan Guaidó gathered at a Citizens’ Assembly on March 16, 2019 in Valencia, Venezuela. (Photo by Eva Marie Uzcategui/Getty Images)

The obvious thing they have in common is that all three crises are rooted in a sharp disconnect between a discontented but combative people thirsty for change and a tired but arrogant ruling elite hell-bent on hanging onto power.

Despite differences that might appear striking at first glance, all three countries have many other things in common.

They all have ideological regimes reflected in their official names. All three call themselves “republic” but render the term ambiguous through modifiers. The Iranian regime calls itself “Islamic” which it takes to mean rule by a section of the Shiite clergy under a self-styled “Supreme Guide”. The Algerian regime uses the double-barrel modifier “people’s democratic” to render the term “republic” meaningless. The Venezuelan regime obtains a similar result with the term “Bolivarian republic.”

All three hark back to the last century which witnessed a plethora of ideology-based regimes: The Union of Soviet Socialist Republics, the People’s Republic of China,

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The WWI Conspiracy – Part Three: A New World Order


10-01-19 10:04:00,


Each year, we lay the wreath. We hear “The Last Post.” We mouth the words “never again” like an incantation. But what does it mean? To answer this question, we have to understand what WWI was.

WWI was an explosion, a breaking point in history. In the smoldering shell hole of that great cataclysm lay the industrial-era optimism of never-ending progress. Old verities about the glory of war lay strewn around the battlefields of that “Great War” like a fallen soldier left to die in No Man’s Land, and along with it lay all the broken dreams of a world order that had been blown apart. Whether we know it or not, we here in the 21st century are still living in the crater of that explosion, the victims of a First World War that we are only now beginning to understand.

In the first two parts of this series we have seen how the WWI conspiracy came to be. 

See “Part 1 – To Start A War” here…

See “Part 2 – The American Front” here…

But more important by far is the question of why it happened. For what purpose was such carnage released upon the world? What did the First World War mean?

Part Three – A New World Order

…by the time the battle finished 10 months later, a million casualties lay in its wake. A million stories of routine bravery, like that of the French communications officer. And Verdun was far from the only sign that the stately, sanitized version of 19th century warfare was a thing of the past. Similar carnage played out at the Somme and Gallipoli and Vimy Ridge and Galicia and a hundred other battlefields. Time and again, the generals threw their men into meat grinders, and time and again the dead bodies lay strewn on the other side of that slaughter…

But how did such bloodshed happen? For what purpose? What did the First World War mean?

For the ones in control, World War One had been the birth pangs of a New World Order.

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The WWI Conspiracy – Part Three: A New World Order : The Corbett Report


02-12-18 03:11:00,


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In the first two parts of this series we have seen how the WWI conspiracy came to be. But more important by far is the question of why it happened. For what purpose was such carnage released upon the world? What did the First World War mean? Discover the hard truth about the Frist World War this week on The Corbett Report as we conclude The WWI Conspiracy.

CLICK HERE for the complete transcript and downloads of The WWI Conspiracy.

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Three Israeli Critics Elected to Congress Won’t Change a Thing – Stephen Lendman


09-11-18 07:30:00,

Three Israeli Critics Elected to Congress Won’t Change a Thing

by Stephen Lendman (stephenlendman.orgHome – Stephen Lendman)

Bipartisan congressional support for Israel is rock solid. It’s been this way for decades without any prospect for weakening the longstanding special relationship.

Rarely is anyone critical of Israel elected to either house, its lobby going all-out to defeat them in future elections when happens.

According to the Center for Responsible Politics, “(f)ew lobbies dedicated to international issues are so active and well-financed as the Israel lobby,” adding: 

“The question of Israel’s future has the right mix to attract monied interests. It’s a highly fractious issue with high stakes, and it plays a big role in domestic politics.”

Super-PAC mega-donor, close Netanyahu ally, billionaire Sheldon Adelson alone contributed $92.8 million to GOP super-PACs earlier, millions of dollars more annually. 

The power of money keeps Congress strongly pro-Israel, large sums earmarked for Israeli loyalists and candidates opposing anyone not solidly for the Jewish state.

Political action committees nationwide supply large amounts of pro-Israeli funding – AIPAC the most prominent member of the powerful Israeli lobby community of Zionist organizations.

Cheers about three newly elected Dem women/Israeli critics are way overblown. Their presence against virtually all other House and Senate members/Israeli supporters won’t make a dime’s worth of difference in US policy toward the Jewish state.

They also have yet to establish a voting record as House members – all that counts. Campaign rhetoric is meaningless. Most often, promises made are breached, rare profiles in courage the exceptions.

Ilhan Omar and Rashida Tlaib are the first Muslim women elected to Congress – Omar a Somali, Tlaib a Palestinian America, for both women a historic first, true as well for Alexandria Ocasio-Cortez.

She’s the youngest woman ever elected to Congress, scoring a stunning triumph over longtime undemocratic Dem/Wall Street favorite incumbent Rep. Joe Crowley in New York’s primary election, then triumphing last Tuesday.

The notion that these women and several other candidates defeating machine favorites represents a progressive wave in Washington is nonsensical.

The electoral result changed nothing. Dirty business as usual won like every time before.

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Three Events That Could Change The Face Of America


03-11-18 08:15:00,

Authored by Brandon Smith via,

The past year in general has been a firestorm of news events, many of them misrepresented by the mainstream media but nevertheless important signals that the economic, social and geopolitical systems we are familiar with are changing or destabilizing rapidly.  It is important to understand, however, that the implications of these events have been building for YEARS, not for mere weeks or months.  They are not sudden and inexplicable consequences of “linchpin theory”, the outcome of these events was pre-planned and engineered far in advance.

This does not mean that establishment interests including globalists will necessarily get what they want.  Which is why I believe they intend to produce multiple crises at once, hoping that at least a few will produce the effects they desire in the population.  I call it the “scattershot strategy”; by creating a swarm of manipulated “bullets” of social/psychological leverage each with the same intended target, the result becomes more certain and predictable.  Much like smashing troops into the same point in a line of defense over and over again – eventually it is more likely to break where you expect it to break.

Some of these scattershot events are a little more obvious than others, at least in terms of how they are handled.  Not all of them are started by the globalists, but all of them are certainly seen as opportunities for exploitation.  Here are three of the latest events that I believe represent a dire end-game if the public is not made aware that their reactions to the events are just as important if not more important as the events themselves.

1. The Murder Of Jamal Khashoggi

Few of us had ever heard of Saudi Arabian journalist Jamal Khashoggi a month ago, and most in the public still have no clue as to the implications of his death.  I’m not going to theorize much on the reasons why the Saudi government apparently trapped Kashoggi in their consulate in Istanbul, Turkey and then allegedly tortured him to death.  The mainstream theory is that this was punishment for the journalist’s escape from Saudi Arabia and subsequent criticisms of Prince Mohammad bin Salman, the rising dictator within the Saudi regime.

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Three Volcanoes Erupt at Same Time & New Evidence of Gamma Ray Intensity | Armstrong Economics

Three Volcanoes Erupt at Same Time & New Evidence of Gamma Ray Intensity | Armstrong Economics

29-08-18 06:46:00,

A number of people have written in that they enjoyed the phrase I made up that we are like a pebble at the bottom of the ocean with no clue what lies above our heads. I have stressed that our computer correlated volcanoes with the decline in solar sunspot activity. What has also been strange is that further research has revealed that when we go into Solar Minimum, this is also simultaneously the maximum output of Gamma Rays. I offer no explanation as to why volcanoes tend to erupt more during solar minimum. My role here is simply to correlate everything to understand the trends set in motion behind the economy. Weather and shortage of food have been major factors in economic history setting off migrations and extinctions.

Gamma Rays are the most energetic form of light and are produced by the hottest regions of the universe. They are also produced by such violent events as supernova explosions or the destruction of atoms, and by less dramatic events, such as the decay of radioactive material in space. Things like supernova explosions (the way massive stars die), neutron stars and pulsars, and black holes are all sources of celestial gamma-rays. Interestingly very few gamma-rays actually make it through the atmosphere. Gamma-rays can strike the material and produce ‘secondary’ particles which are more penetrating and can go through the material. Consequently, the majority of the cosmic rays that actually reach the Earth’s surface are ‘secondary cosmic rays’, produced by gamma-rays. Primary cosmic rays are high energy particles (such are protons and the nuclei from iron atoms) that are moving at speeds very close to the speed of light. These primary cosmic rays are mostly deflected by the Earth’s magnetic field. If Earth didn’t have a magnetic field, there would be many more primary cosmic rays hitting the atmosphere, and many more secondary cosmic rays hitting us and penetrating .the Earth itself.

These waves are penetrating electromagnetic radiation of a kind arising from the radioactive decay of atomic nuclei. Gamma Rays are beyond X-rays and will obviously penetrate deep into the Earth. This may be pointing to the cause of an increase in volcanic activity. The Earth’s magnetic field serves to deflect most of the solar wind,

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The Three Horsemen Of The Bitcoin Apocalypse

The Three Horsemen Of The Bitcoin Apocalypse

13-07-18 07:41:00,

Authored by Michael Kern via Crypto Insider,

There’s never a day that passes without some otherwise intelligent economist making radical claims about bitcoin. It’s all been said before. “It has no intrinsic value,” “it’s used by criminals,” “it will be regulated,” “it will fall to $0.”

And media outlets are happy to share these opinions, with doom-and-gloom headlines to add fuel to the fire.

The Three Horsemen of the Bitcoin Apocalypse

On July 10th, Joseph Stiglitz, Nouriel Roubini and Kenneth Rogoff looked to breathe fresh air into their campaign against the cryptocurrency citing once again the lack of intrinsic value, anonymity and regulation. They even offered a shocking 10-year price prediction – $100.

In the interview with Financial News, Nobel-Prize winning Stiglitz noted: “You cannot have a means of payment that is based on secrecy when you’re trying to create a transparent banking system.”

While the irony may be palatable for many in the crypto-community, it’s not as though Stiglitz is completely clueless in the world of policy or economics. Though he has taken a controversial stance on many issues, from globalization to the Eurozone, he has at least expressed respectable and well researched opinions on these matters.

In the case of bitcoin, however, his one-liners and extreme positions based on his perceived understanding of how the cryptocurrency functions leave a lot to be desired.

“If you open up a hole like bitcoin, then all the nefarious activity will go through that hole, and no government can allow that,” Stiglitz said.

Joining Stiglitz in the interview, Kenneth Rogoff, former chief economist at the International Monetary Fund, explained: “Bitcoin could easily be worth just $100 in 10 years,” adding “People in power will move to regulate anonymous transactions. That you can be sure of.”

It’s worth noting, however, that the idea of bitcoin being used primarily in illegal activity has been debunked time and time again.

The simple fact is: bitcoin is no longer as anonymous as these economists might believe. In fact, with strict KYC/AML regulations in place in most international exchanges and blockchain analysis companies such as Chainalysis and BlockSeer,

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