Venezuela

[KingScorpio]

Venezuela coming to Mexico. Well, it's only a start. I wonder how long it will take.


Mexico is starting to look like Venezuela

Mexico is in the midst of a crisis again.

And no, it doesn't have anything to do with the border wall that caused the US government to be hopelessly deadlocked for more than a month.

Or the economy. Or murders and violence. Or drug trafficking. Or bird flu.

Nope. Mexico is battling an enormous problem with its oil pipelines.

In a way that almost sounds ridiculous.

But oil thieves have been drilling holes in Mexico's extensive network of oil and gas piplelines across the country to steal fuel and sell it on the black market.

State-owned oil company PEMEX found more than 12,500 illegal holes in the pipelines last year.

And these oil thieves went as far as building a 2-mile long pipe themselves to divert oil directly from the refineries.

Selling oil on the secondary market is a highly lucrative business in Mexico. And some farmers who take up a job as lookouts for the thieves can earn more than five times their regular income doing so.

The work is also incredibly dangerous… more than 80 people recently died in a pipeline explosion north of Mexico City when they were trying to siphon off gas.

But Mexico's new president has decided to do something about this.

And in typical, political brilliance, he ordered the pipelines to be shut down.

So now, instead of transporting oil and gas via pipelines, they'll ship everything via truck and rail.

There are only a few TINY issues with that solution: ...

If this gets bad enough, we should be able to pick up various kinds of property, including real estate, in Mexico very inexpensively. Do you remember the Road Warrior movies? Think of the fuel wars that are coming to Mexico.

whats the point of cheap stuff if you have not a working economy and a happy society around it?

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[BADecker]

Venezuela coming to Mexico. Well, it's only a start. I wonder how long it will take.


Mexico is starting to look like Venezuela

Mexico is in the midst of a crisis again.

And no, it doesn't have anything to do with the border wall that caused the US government to be hopelessly deadlocked for more than a month.

Or the economy. Or murders and violence. Or drug trafficking. Or bird flu.

Nope. Mexico is battling an enormous problem with its oil pipelines.

In a way that almost sounds ridiculous.

But oil thieves have been drilling holes in Mexico's extensive network of oil and gas piplelines across the country to steal fuel and sell it on the black market.

State-owned oil company PEMEX found more than 12,500 illegal holes in the pipelines last year.

And these oil thieves went as far as building a 2-mile long pipe themselves to divert oil directly from the refineries.

Selling oil on the secondary market is a highly lucrative business in Mexico. And some farmers who take up a job as lookouts for the thieves can earn more than five times their regular income doing so.

The work is also incredibly dangerous… more than 80 people recently died in a pipeline explosion north of Mexico City when they were trying to siphon off gas.

But Mexico's new president has decided to do something about this.

And in typical, political brilliance, he ordered the pipelines to be shut down.

So now, instead of transporting oil and gas via pipelines, they'll ship everything via truck and rail.

There are only a few TINY issues with that solution: ...

If this gets bad enough, we should be able to pick up various kinds of property, including real estate, in Mexico very inexpensively. Do you remember the Road Warrior movies? Think of the fuel wars that are coming to Mexico.

whats the point of cheap stuff if you have not a working economy and a happy society around it?

Things always change. Buy low, sell high.     

[KingScorpio]

Venezuela coming to Mexico. Well, it's only a start. I wonder how long it will take.


Mexico is starting to look like Venezuela

Mexico is in the midst of a crisis again.

And no, it doesn't have anything to do with the border wall that caused the US government to be hopelessly deadlocked for more than a month.

Or the economy. Or murders and violence. Or drug trafficking. Or bird flu.

Nope. Mexico is battling an enormous problem with its oil pipelines.

In a way that almost sounds ridiculous.

But oil thieves have been drilling holes in Mexico's extensive network of oil and gas piplelines across the country to steal fuel and sell it on the black market.

State-owned oil company PEMEX found more than 12,500 illegal holes in the pipelines last year.

And these oil thieves went as far as building a 2-mile long pipe themselves to divert oil directly from the refineries.

Selling oil on the secondary market is a highly lucrative business in Mexico. And some farmers who take up a job as lookouts for the thieves can earn more than five times their regular income doing so.

The work is also incredibly dangerous… more than 80 people recently died in a pipeline explosion north of Mexico City when they were trying to siphon off gas.

But Mexico's new president has decided to do something about this.

And in typical, political brilliance, he ordered the pipelines to be shut down.

So now, instead of transporting oil and gas via pipelines, they'll ship everything via truck and rail.

There are only a few TINY issues with that solution: ...

If this gets bad enough, we should be able to pick up various kinds of property, including real estate, in Mexico very inexpensively. Do you remember the Road Warrior movies? Think of the fuel wars that are coming to Mexico.

whats the point of cheap stuff if you have not a working economy and a happy society around it?

Things always change. Buy low, sell high.     

thats not necessarily the case, you might end up in a nation with a foreign currency that is taxing your "property"

[BADecker]

Venezuela coming to Mexico. Well, it's only a start. I wonder how long it will take.


Mexico is starting to look like Venezuela

Mexico is in the midst of a crisis again.

And no, it doesn't have anything to do with the border wall that caused the US government to be hopelessly deadlocked for more than a month.

Or the economy. Or murders and violence. Or drug trafficking. Or bird flu.

Nope. Mexico is battling an enormous problem with its oil pipelines.

In a way that almost sounds ridiculous.

But oil thieves have been drilling holes in Mexico's extensive network of oil and gas piplelines across the country to steal fuel and sell it on the black market.

State-owned oil company PEMEX found more than 12,500 illegal holes in the pipelines last year.

And these oil thieves went as far as building a 2-mile long pipe themselves to divert oil directly from the refineries.

Selling oil on the secondary market is a highly lucrative business in Mexico. And some farmers who take up a job as lookouts for the thieves can earn more than five times their regular income doing so.

The work is also incredibly dangerous… more than 80 people recently died in a pipeline explosion north of Mexico City when they were trying to siphon off gas.

But Mexico's new president has decided to do something about this.

And in typical, political brilliance, he ordered the pipelines to be shut down.

So now, instead of transporting oil and gas via pipelines, they'll ship everything via truck and rail.

There are only a few TINY issues with that solution: ...

If this gets bad enough, we should be able to pick up various kinds of property, including real estate, in Mexico very inexpensively. Do you remember the Road Warrior movies? Think of the fuel wars that are coming to Mexico.

whats the point of cheap stuff if you have not a working economy and a happy society around it?

Things always change. Buy low, sell high.     

thats not necessarily the case, you might end up in a nation with a foreign currency that is taxing your "property"

This is a forum, not an investment service. Some people win in the stock market, and some people lose. The people who win wish they had known a long time ago. The people who lose often wish they had never heard of it.

[Mpamaegbu]

It bemuses me how quick the US plays the interventionist police, thinking itself as the world's big brother. This position has often caused more harm than good to the general American people and their finances. The US is always in a haste to flex muscles and start a war it hasn't been able to end. Check the history books - From Iraq to Libya to Syria (to almost Zimbabwe), just check it. The same US would hastily pull out its forces after a while. It's just a pity that a bitcoin and cryptocurrency loving country like Venezuela is at the precipice of war. Were it China, I wouldn't give a rat ear.

[shitcoinoffering]

Oil, protests, sanctions, rabbits, Russian involvement and Kim Jong-un.
Here is the real story how Venezuela came to Blockchain.

https://shitcoinoffering.com/pablo-the-miner-and-superman-everything-you-need-to-know-about-el-petro/

[Artemis3]

I hope this YouTube video by Joanna Hausmann helps to debunk some misinformation about the current situation, some of which have even been expressed on this very thread...

What's Happening in Venezuela?: Just the Facts

Keypoints:

• This is not a U.S. backed coup.
• This is not about a political ideology.
• The people want democracy.
• Juan Guaidó did not just "declare" himself president.
• Juan Guaidó is acting as Interim President.
• Maduro is illegitimate (made his own parallel congress).
• Monthly wage went from $350 a month to $7 a month.
• Inflation in 2018 +1,700,000%.
• Projected inflation in 2019 +10,000,000%.
• 5,000,000 Venezuelans have fled.

Please listen.

[KingScorpio]

let me be clear about one point

Bitcoin cannot save venezuela,

there is no way it can.

Bitcoin will only create a society that constanly invests into bitcoin mining and thats mad

regards

[AlexisGarra]

What are your thoughts on the current situation in Venezuela? I know that Bitcoin is pretty popular there; do we have any Venezuelan forum members?

Guaidó is the most obvious CIA-backed politician I've ever seen, but Maduro is totally evil. I'd recommend that the people of Venezuela find a third option, but between the two I suppose Guaidó is probably better...?

The interventionists in the US government really want to send troops there, so they're having diplomats stand in the crossfire in the hope that an incident occurs and this can be used as an excuse to invade. If Maduro is really careful, this can maybe be avoided, and perhaps he can last a while longer. Even though the US is talking as though they'll militarily support anti-Maduro rebels, I don't think that they'll actually openly do so without something that they can say constitutes major provocation.

Whatever happens, I hope that the situation in Venezuela finally improves. From what I've heard, it's been basically a hellhole there for at least several years.

I am now in South America, and I see that the situation in Venisuele will not be stable for a long time, while it is the scene of a fight between the USA and Russia.
poor people of Venesuela

[Bitcoinwalks]

I feel sad for Venezuelan, they don't deserve this kind of situation. This will never be happened if their government doing their job well, unfortunately, they have an incompetent leaders. Here in Brazil we accepted thousands of Venezuelan refugees. This time , i am 100% supporting trump regarding this issue. that fucking Maduro should be ousted in Office. he doesnt deserve to handle any position in government because he is corrupt, greedy and incompetent !! he doesn't even know how to manage their economy. Poor venezuela.

[KingScorpio]

I feel sad for Venezuelan, they don't deserve this kind of situation. This will never be happened if their government doing their job well, unfortunately, they have an incompetent leaders. Here in Brazil we accepted thousands of Venezuelan refugees. This time , i am 100% supporting trump regarding this issue. that fucking Maduro should be ousted in Office. he doesnt deserve to handle any position in government because he is corrupt, greedy and incompetent !! he doesn't even know how to manage their economy. Poor venezuela.

maduros opponent will then create his coin, and live as king of venezuela will be no difference, power will corrupt everyone.

[shitcoinoffering]

I feel sad for Venezuelan, they don't deserve this kind of situation. This will never be happened if their government doing their job well, unfortunately, they have an incompetent leaders. Here in Brazil we accepted thousands of Venezuelan refugees. This time , i am 100% supporting trump regarding this issue. that fucking Maduro should be ousted in Office. he doesnt deserve to handle any position in government because he is corrupt, greedy and incompetent !! he doesn't even know how to manage their economy. Poor venezuela.

maduros opponent will then create his coin, and live as king of venezuela will be no difference, power will corrupt everyone.

And that will cause many problems in economy... I mean, many cryptocurrencies will be represented on the market, so which is the official one? Now they use Bitcoin and Dash... WTF? Just imagine if they will use some more new coins - it will bring chaos...

[Artemis3]

I am now in South America, and I see that the situation in Venisuele will not be stable for a long time, while it is the scene of a fight between the USA and Russia. poor people of Venesuela

Russia is already gone. They just sent a plane and that left. Rumors say they took gold from the central bank, and the families from the "leadership".

Bitcoin will only create a society that constanly invests into bitcoin mining and thats mad

Unlikely. A sane government would put an end to the subsidies, or at least lower them. Electricity won't be as cheap as it is today. Tho this probably wouldn't occur overnight, just like Argentina where they started a transition to move from subsided electricity to international prices in a 3 year period.

Venezuela would likely not go straight to international prices, but maybe half way there. Cheaper, but not free. Same as with gasoline, which is the only mad thing going on in this country. If you think a bitcoin mining society is bad, what do you make of a society with free gasoline? I'd rather have the former.

Oh and just for the record, there are some big miners here with solar power, they planned for the future as every miner should...

[nutildah]

I feel sad for Venezuelan, they don't deserve this kind of situation. This will never be happened if their government doing their job well, unfortunately, they have an incompetent leaders. Here in Brazil we accepted thousands of Venezuelan refugees. This time , i am 100% supporting trump regarding this issue. that fucking Maduro should be ousted in Office. he doesnt deserve to handle any position in government because he is corrupt, greedy and incompetent !! he doesn't even know how to manage their economy. Poor venezuela.

maduros opponent will then create his coin, and live as king of venezuela will be no difference, power will corrupt everyone.

Actually the petro was 100% the idea of the Maduro and his administration. The Venezuelan congress wanted nothing to do with it, and I'm betting that once Maduro is removed from power the project will be abandoned. As far as we know he only ended up raising about $250,000 during the NEM petro ICO.

[Artemis3]

Actually the petro was 100% the idea of the Maduro and his administration. The Venezuelan congress wanted nothing to do with it, and I'm betting that once Maduro is removed from power the project will be abandoned. As far as we know he only ended up raising about $250,000 during the NEM petro ICO.

They sacked the original author (it wasn't Maduro's idea, but he bought it) and started another round since October. They have been taking money since then again but the amount is undisclosed. You can still register in their page and they will happily take your bitcoins. Like most ICOs, you will probably lose it all. Perhaps its just a fund to aid their escape...

Petro started as an Ethereum token, an idea that was scratched, then moved into a Nem token (that pre-ico) that was scratched as well (funds were NOT returned), then into a Dash clone, but was hacked and they covered the incident, and redid yet again using the Dash code, this time without wallets, completely centralized in a single server and that server provides the only online wallet, and doesn't give you keys or anything. Nodes and mining was kept indoors (only they do it); and of course they are not sharing the modifications they did to the code (even Venezuelan law forces them to, but they are above any laws anyway).

Since the time of the Nem pre ico; it was rumored the Russians invested. It might be that Russian plane that left recently was returning that investment in gold. This is of course dirty assets getting laundered, as that gold belongs to the Venezuelan people and not any "officials".

[nutildah]

Actually the petro was 100% the idea of the Maduro and his administration. The Venezuelan congress wanted nothing to do with it, and I'm betting that once Maduro is removed from power the project will be abandoned. As far as we know he only ended up raising about $250,000 during the NEM petro ICO.

They sacked the original author (it wasn't Maduro's idea, but he bought it) and started another round since October. They have been taking money since then again but the amount is undisclosed. You can still register in their page and they will happily take your bitcoins. Like most ICOs, you will probably lose it all. Perhaps its just a fund to aid their escape...

Right,  I've been following the saga for a while now. I added up all the NEM petros that were initially distributed (but due to the way the tokens were created they are immovable and just sit there in wallets) by the "mosaic" creator address -- at $60 a pop it added up to less than $230k if memory serves me. Maduro's claims that they raised "billions" are backed by absolutely nothing.

Never heard the part about the hack of the dash clone version. The petro that exists now might not even actually exist at all, because as you mentioned, its completely centralized and impossible to interact with its blockchain (there's only 1 web wallet and 1 mobile wallet). One dude in the petro ANN thread actually found some negative account balances in their "block explorer," which again, might not actually be exploring anything.

[Artemis3]

Never heard the part about the hack of the dash clone version. The petro that exists now might not even actually exist at all, because as you mentioned, its completely centralized and impossible to interact with its blockchain (there's only 1 web wallet and 1 mobile wallet). One dude in the petro ANN thread actually found some negative account balances in their "block explorer," which again, might not actually be exploring anything.

Because it was never made public, that's internal info that leaked... It "delayed" the launch of Petro v3 (Dash centralized edition) a few months... Doesn't matter anyway, it was made wrong since the beginning and they insist in absolute centralization as "solution" to their security problems.

Its just like what they did to the economy, they made the problem much worse....

[Artemis3]

Just found this on Youtube, take your time to watch it and understand the situation better:



🇻🇪 Living inside the world's worst economy, Venezuela | Counting the Cost

[tvbcof]

The best outcome would be that we (the U.S.) gets sucked into an extremely costly and protracted new Vietnam in Venezuela and our 'allies' in the West (and our bitches in South America) abandon us to our own devices.

I say this because being tied up there in Venezuela in probably the only way we are not forced by the Zionist masters of our so-called leaders in Washington into 'doing' more and more countries in the Middle East and Former Soviet Union.  And things over there could easily go nuclear.

[izzy13]

Imagine if Alexandria Ocasio Cortez woke up tomorrow, called herself president and was recognized as the true president by other countries.
https://www.youtube.com/watch?v=bCJLL6SHst8&feature=youtu.be
Here is a detailed analysis of what has happened in Venezuela.  Its important to understand the history of Venezuela, US-backed coups, and the dishonesty in the way the mainstream media reports these situations.

Quite similar pattern thing happens in Syria, and is now provoked to be started in my beloved country Indonesia. All of destabilized countries now are just  proxies of the true cold war between three superpowers of 21st century: USA, Russia, and China.