The #President of #ElSalvador, Nayib #Bukele, the first country to accept #Bitcoin as a legal #payment method, announced that they have made a #profit of 305 #million #dollars (approximately 11 billion TL) from their #cryptocurrency investments totaling 268 million dollars to date.

Source: https://en.haberler.com/el-salvador-has-made-a-profit-of-over-10-billion-18073476/

El Presidente, please allow me to briefly explain #capitalism to you. As long as you do not sell bitcoins, the profit and the previous loss are only theoretical. El Salvador is a poor country and has no #money for #speculation. This means you have to take out expensive loans to pay #salaries in the state apparatus and so you make a loss and not a profit.

#news #technology #Software #Problem #economy #politics #fail #btc #future #trump #investment #dollar

What is it worth to us to preserve the #world as we know it for the next #generation?

I think every halfway intelligent person knows that our prosperity is based on exploiting large regions of this world. If everyone wanted to live like the average North American, the resources of this planet would not be sufficient.

Now it doesn't matter how you feel about #climate change, but this way of life promotes wars and #exploitation. There is even the thesis that #capitalism works best through #war. But these wars consume additional #resources apart from being immoral and against human rights. Wars like the one in #Ukraine reduce #food exports to countries that are threatened by #hunger. This destabilizes the #government there and promotes civil wars.

This ultimately leads to the compelling #question of whether we are not prepared to do without in order to preserve the basis of #life for all of us and, in particular, for the next generation?

• The billionaires would rather take a vacation in space.
• The millionaires do not want to give up their private jet.
• The upper class does not want to do without their own yacht.
• The middle class does not want to give up vacationing in the Bahamas.

So those who should save are the poor, who already barely have enough to get by until the end of the month.

Now let's try to imagine what would happen in the U.S. if, in a year, hurricanes destroyed the East and South coasts, forest fires destroyed California, and the Midwest couldn't harvest anything because of drought. Where would the relief supplies go then? Would our politicians get their act together or would there be civil war over the remaining resources?

The Amazon rainforest is limited in extent and growing in diversity. With this methaphor I want to allude to the infinite economic growth in a finite system. What is it that grows with economic expansion? It is ultimately a number that only means that the future should be better than the present. So as long as it is just a number and not destroyed #environment for ecological #profit, there is nothing wrong with economic growth.

I don't think it helps to save the world with bans and you shouldn't tell people how to live. I can't tell someone to ride a bike instead of a car if that person doesn't want to. What I can do is prescribe that there are no emissions because the atmosphere belongs to all of us and must be preserved at all costs. This is not a limitation of our freedoms but serves to preserve our #freedom.

In a #democracy, the #people should be the sovereign. But what if companies become too big to fail or even more powerful than the government? Now, if you were to introduce a limit that made it unattractive for a company to grow beyond a certain point, then those companies would split into many smaller companies. This would give us a lot of small companies growing in diversity. It wouldn't be #socialism if we tied the highest #salaries to the minimum wage by some factor. You could still get rich but not so super #rich that you could buy the government. This is primarily about the #solidarity of society and not about the fact that everything belongs to one person.

What we are practicing at the moment is contrary to democratic #society and will destroy it in the long run.

---

#humanrights #future #earth #nature #emission #humanity #justice

Cuba ~ End the Embargo

‘If #JoeBiden or frankly any US politician #cared about the #Cuban #people, they’d push for an end to the US’s #crippling #economic sanctions on Cuba.’

‘All people have the right to #protest and to live in a #democratic #society. I call on the Cuban government to #respect opposition rights and refrain from violence. It’s also long past time to end the #unilateral #US #embargo on #Cuba, which has only #hurt, not #helped, the Cuban #people.’ …. #BernieSanders

‘It’s important to remember that before the #Cuban #Revolution, Cuba was a #colonial #piggy-bank for #American #capitalists to #exploit. The revolution stopped the United States from treating Cuba like its little plaything, which the United States has never been able to accept.’

‘The US continually punishes #Haiti & Cuba because these are nations that successfully #revolted against #white #supremacist #empires in generations past.’

‘The #whole #world has spoken against the US embargo against Cuba. In the #UN #GeneralAssembly, 184 countries voted to #condemn the #blockade. Only two, the US and #Israel, voted not to. Cuba loses $9.1 billion a year due to the blockade.’

‘Not only is the US blockading Cuba, they are claiming #veto #power over any other country which wishes to send Cuba #food and #medicine.’

‘The choice is clear. Which side are we on? The US, which continues to #violate #international #law by decades of crippling #sanctions even in the face of a #pandemic, or Cuba, which has created five different vaccines and sent thousands of #doctors to #heal #people around the world?’

‘Nobody is charged a dime in Cuba for their #treatment. But in the US, people are denied treatment unless they have tens of thousands of dollars to pay for medical bills. Again, which side are you on?’

‘In addition, Cuba has: – #Guaranteed #salaries; – #Nationalized #BigPharma; – #Distribution of #food, #electricity, and piped #water.’

‘The US is trying to create a #self-fulfilling #prophecy with Cuba. Cripple it with #decades of sanctions, then try to initiate an #astroturf #regime #change operation. This is typical M.O. for the #PoliceState.

'Never forget the explicitly stated goal of the US government’s murderous, #illegal, 60-year blockade on Cuba: to " #weaken the economic #life of Cuba," and " #decrease #monetary and #real #wages, to bring about #hunger, #desperation and #overthrow of #government."

#EndTheEmbargo #HandsOffCuba #VivaCuba! #VivaLaRevolucion! #VivaElPuebloCubano!

https://twitter.com/BTnewsroom/status/1414955958414061574