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Bitcoin not money, Florida judge rules, not backed by any gov or bank, and"cannot be hidden under a mattress like cash and gold"

(quote)

MiamiHerald July 25, 2016 Judge ruled: Bitcoin is not actually money
In a case closely watched in financial and tech circles, Miami-Dade Circuit Judge Teresa Mary Pooler ruled that Bitcoin was not backed by any government or bank, and was not “tangible wealth” and “cannot be hidden under a mattress like cash and gold bars.”

A Miami-Dade judge ruled Monday that Bitcoin is not actually money, a decision hailed by proponents of the virtual currency that has become popular across the world.

In a case closely watched in financial and tech circles, the judge threw out the felony charges against website designer Michell Espinoza, who had been charged with illegally transmitting and laundering $1,500 worth of Bitcoins. He sold them to undercover detectives who told him they wanted to use the money to buy stolen credit-card numbers.

But Miami-Dade Circuit Judge Teresa Mary Pooler ruled that Bitcoin was not backed by any government or bank, and was not “tangible wealth” and “cannot be hidden under a mattress like cash and gold bars.”

“The court is not an expert in economics; however, it is very clear, even to someone with limited knowledge in the area, the Bitcoin has a long way to go before it the equivalent of money,” Pooler wrote in an eight-page order.

The judge also wrote that Florida law — which says someone can be charged with money laundering if they engage in a financial transaction that will “promote” illegal activity — is way too vague to apply to Bitcoin.  read more »

More than 800,000 Volunteers Pitched in: India Plants 50 Million Trees in One Day

volunteers plant trees in India as part of an effort to restore 50 million trees in a day
(quote)
National Geographic July 18, 2016 - Although the feat has yet to be certified by Guinness World Records, Indian officials have reported that volunteers planted a whopping 49.3 million tree saplings on July 11, blowing past the previous record for most trees planted in a single day.

That record of 847,275 trees was set by Pakistan in 2013.

A reported 800,000 volunteers from Uttar Pradesh worked for 24 hours planting 80 different species of trees along roads, railways, and on public land. The saplings were raised on local nurseries.
(unquote)

Photo courtesy Rajesh Kumar Singh / Associated Press

Common Sense gave US birth, summons Trump & Pence to lead America, rescue Civilization: Law & Order, Peace & Prosperity for all

Donald Trump picks Mike Pence as running mate for 2016 election

actor Scott Baio endorses Donald Trump

the book Common Sense by Thomas Paine

(quote)
March 20, 2016 - When Pierro asked the TV star why he endorsed The Donald, Baio replied @ScottBaio replied: "It's very simple… the things that he[Trump]'s saying are just common sense stuff." Actor Scott Baio, who last month endorsed Donald Trump for president, wants the billionaire in charge of the country because it does not take a "political decoder ring" to decode what the businessman is saying.
"He's a straight shooter when he talks to me," the 55-year-old "Happy Days" and "Charles in Charge" star said Sunday morning on Fox News. "When he talks, I understand him." "It's a very sort of direct language," Baio said. "I don't need a political decoder ring to understand what the guy is saying."  read more »

240 years ago vs. now. 1776 - US Declared Independence from UK; 2016 - UK voted to be independent from EU

(quote)

On July 4, 1776, The Declaration of Independence was adopted by the Second Continental Congress meeting at Philadelphia, Pennsylvania, which announced that the thirteen American colonies, then at war with the Kingdom of Great Britain, regarded themselves as thirteen newly independent sovereign states, and no longer under British rule. Instead they formed a new nation—the United States of America. John Adams was a leader in pushing for independence, which was passed on July 2 with no opposing vote cast. A committee of five had already drafted the formal declaration, to be ready when Congress voted on independence. The term "Declaration of Independence" is not used in the document itself.

John Adams persuaded the committee to select Thomas Jefferson to compose the original draft of the document, which Congress would edit to produce the final version. The Declaration was ultimately a formal explanation of why Congress had voted on July 2 to declare independence from Great Britain, more than a year after the outbreak of the American Revolutionary War. The next day, July 3, John Adams wrote to his wife Abigail: "The Second Day of July 1776, will be the most memorable Epocha, in the History of America." But the national birthday, Independence Day, is celebrated on July 4, the date that the Declaration of Independence was signed.  read more »

UK votes for 'Brexit'. Will Denmark, Sweden or Netherlands follow - beginning of end for European Union?

UK exits from European Union

Britons take vote to withdraw from European Union

(quote)

NBC News 24 Jun 2016 While the prospect of a Brexit triggering other countries in Europe to follow suit and decide to leave is not an immediate one it would "certainly sow seeds of doubt," according to Paolo Dardanelli, senior lecturer in comparative politics and acting director of the Center for Federal Studies at the University of Kent.

"Denmark and Sweden would be the ones to watch in particular, as their position would be significantly weakened," Dardanelli added via email. "You could argue that the conversation about this could be different in a place like Denmark, or Sweden or the Netherlands, where you're looking at countries with well-functioning political institutions, and economies that are doing fairly well," Nickel said.

(unquote)

Image courtesy VoxEurop and NBC News

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