Bitcoin’s Price and Market Cap Over the Last 12 Months
It has been a crazy last year for Bitcoin, for better or for worse. One year ago this month, Bitcoin’s “market cap”, the total global value of all the bitcoins in existence, was at 10 billion dollars. This week, after passing the $6,000 price per bitcoin mark for the first time ever, Bitcoin’s market cap hit 100 billion dollars!
A market cap of $100 billion makes the total value of Bitcoin larger than financial behemoth Goldman Sachs (and others). This is major news and an incredible run up in price over a year. It definitely deserves celebration – bitcoin is truly a phenomenon, overall.
Behind the scenes, however, things have gotten ugly. The bitcoin network has been full of transactions for many months now. That’s resulted in delayed transactions and wildly varying fees on the Bitcoin Core network. Despite Bitcoin’s first-ever schism in August, which resulted in two competing Bitcoin networks, “Bitcoin Core” and “Bitcoin Cash”, infighting within the Bitcoin community continues unabated regarding how bitcoin should scale to the increasing consumer demand.
As was recommended on this blog at the time, everyone who held their bitcoin through the August schism came out on top. Bitcoin Core’s price held steady then went up and Bitcoin Cash created billions of dollars worth of new value in the marketplace in an instant. It was really quite a success. However, Bitcoin Cash was a minor schism compared to what is coming up in November. (more…)
On Thursday evening, a very large crowd turned out to speak to the city council’s FOP committee on a proposed resolution to make Keene a “sanctuary city”. I’m happy to say that not a single police state xenophobe spoke during the hearing. Every speaker was pro-immigrant. Here’s video of the entire hearing:
Earlier this year, Cheshire County Sheriff Eli Rivera made headlines by announcing his policy to not assist the federal government with immigration enforcement activities targeting peaceful migrants. That made Cheshire county into NH’s only “sanctuary county”.
The resolution is well-intended and everyone in the packed council chambers supported it, but it doesn’t go far enough. First, it allows for Keene police to assist the federal immigration enforcement if they merely have a warrant, which aren’t hard for police to get with rubber-stamp courts. Second, the city’s new manager, Elizabeth Dragon, is claiming the city government can’t tell police what to do, per some state statute. That’s not exactly the whole truth, since the council is able to pass certain ordinances that the police are directed to enforce. While they may not legally be able to tell a police chief what not to enforce, they certainly have the ability to have the city manager fire anti-immigrant police, don’t they? Perhaps there are union protections in place to make that difficult, I don’t know.
MALIC Center Imam Will Coley Speaks to the Committee
According to the Keene Sentinel, new Keene police chief Steven Russo has not specifically commented on the resolution’s proposals, though the group behind the proposal, KIRP, has said they’ve had a positive meeting with him.
At Thursday evening’s FOP meeting, after 100% support from the speakers there and many rounds of applause for those who spoke, the councilors on the committee voted 5-0 to give more time to the issue, specifically asking city staff to meet with KIRP and finalize the language of the proposed resolution.
Multiple full truckloads of garbage and junk were removed this week, totaling several hundred dollars in dump fees.
It’s been a crazy week, but major progress has been made turning a house that was trashed by its previous “libertarian” tenants into NH’s first full-time mosque. The Masjid al Latiff and Interfaith Community Center (MALIC Center) is Will Coley‘s vision that is becoming a reality, thanks to an interfaith group of people who have over the last week been removing junk, cleaning up a unspeakably disgusting mess, repairing damage to the home, painting, removing trees, and more. Whether Muslim, Christian, Panentheist, or even agnostic or atheist, it’s been awesome to see that the MALIC Center is already creating an interfaith community despite not having officially opened its doors.
When Will, who will be the future mosque’s Imam and caretaker, approached the Shire Free Church about property availability in Keene for a mosque, I’d have been excited about just that opportunity to help him with that idea, but his vision was much bigger than that. In addition to its full-time mosque function, as an interfaith community center, the MALIC Center will also be usable by other smaller area religions looking for a house of worship, like the Quakers. Plus, Will plans to operate a homeless warming center in the colder months.
As the Shire Free Church is an interfaith peace church, the MALIC Center vision dovetails perfectly with the mission of the Church. It’s an honor to have the opportunity to assist with this by both donating the property in question on behalf of the Church and helping clean it up. Thankfully we don’t have to do it all alone, as it’s a big job. We’ve had multiple libertarian community members from across the state come to help us including a mayoral candidate in Keene, Bob Call who joined us early on to help haul out the initial junk and trash, and Libertarian candidate for governor in NH for 2018, Jilletta Jarvis who today was helping scrub the floors.
The interfaith cleanup crew has included Christians working alongside Muslims, and others!
We’ve made great progress, as the video below documents, but one of the challenges beyond the cleanup effort itself has been fundraising. Will and his family have raised nearly 50% of their $11,000 goal at crowdfunding site LaunchGood.com and have made the move on faith despite not having reached their goal.
In order to assist further, the Shire Free Church is going to match donations from now until the $11,000 goal is reached! The fundraiser as of now has $5,256 raised by 93 contributors. Only six days remain. If you donate $10, the Church will double it to $20. If you donate $50, the Church will double that to $100, and so on. Please take a moment and give here at Launchgood. (Bitcoin and Litecoin donation QR codes are on the Launchgood page too!)
Chris recently received more than fifteen minutes of infamy when VICE news did a documentary about the hate-fueled protests a few weeks ago in Charlottesville, VA. Video of him spraying pepper spray in the middle of a fight between the protestors quickly surfaced and VA police issued multiple felony warrants for his arrest and he ultimately turned himself in. Despite having a history of attending court and no criminal history of violence on his record, Chris was denied bail, with the judge in the appeal actually citing his free speech, offensive as it is, as a reason for the denial! Judge Cheryl Higgins said, according to a paraphrase by Daily Progress:
while he may be a “shock jock,” his comments following the rally should not be ignored and “tend to show a certain level of approval of the violence that was used.
Chris Cantwell’s Fourth Try at An Attorney, Elmer Woodard
She then stripped him of the $25,000 bond option that another judge earlier in the same day had granted. This after an hours-long bail appeal hearing where Cantwell’s bizarre attorney actually had him take the stand to testify – generally considered to be a terrible legal strategy this early in a case. According to the Daily Beast, Cantwell’s attorney is Elmer Woodard:
who appeared in court wearing an early-1800s-style red waistcoat with gold buttons, bowtie, white muttonchop whiskers, black velcro shoes, and a a 1910s-style straw boater hat. Cantwell said Woodard was his fourth choice for legal counsel after three other lawyers declined to take his case.
Inept attorney aside, Cantwell’s racism and his violent rhetoric, while despicable and deplorable, is not reason to deny bail. Unfortunately, far too many people, even supposed libertarians who should know better, are applauding his political imprisonment. I caution you to remember the famous poem from the World War II era’s German pastor Martin Niemoller:
Chris in Simpler Times, Acting as Security for the Hallowkeene Dance Party in 2014.
First they came for the Socialists, and I did not speak out— Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out — Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out —
Because I was not a Jew.
Then they came for me — and there was no one left to speak for me.
Whether Chris shot pepper spray aggressively or in self-defense remains to be seen. He’s supposed to be innocent until proven guilty. To keep him in pre-trial detention harms his ability to prepare his defense and anyone who cares about a fair justice system should be outraged.
NH was one of the states that fought hard against REAL ID. That opposition was in character with the “live free or die” philosophy we’re supposed to be famous for embracing. It was in character with our reputation as a libertarian leaning state.
Somewhere along the way we stopped fighting REAL ID and meekly submitted. Sixteen years of indoctrination – a combination of fear based agitprop and training to submit to authority, changed our tune from Just Say No to We Have to do this for National Security. REAL ID means that the state maintains a database of information on people, including Social Security numbers and photos.
She’s right. This year in the state house the supposed privacy nut state rep, Neil Kurk, capitulated after years of holding firm against REAL ID, and endorsed the state’s partial embracing of the federal ID standards. One who wishes to acquire a non-REAL ID-compliant card can still get one, but according to someone I know who visited the DMV this week, the DMV bureaucrats are pushing the new REAL ID version.
NH Internal Border Patrol Checkpoint
I recommend reading Susan’s whole post, it’s well-done and there’s very little she says that I can disagree with. Until the end, that is. She says in the final paragraph:
There hasn’t been a peep out of the liberty and freedumb crowd about this. Not a word from the allegedly liberty loving Free Staters. The folks who do the wailin’ about gummint encroachment on our lives are strangely silent when it comes to “show us your papers” stops. Their interest in gummint interference extends to deregulation and tax cuts. Actual violations of privacy and civil liberties don’t interest them in the slightest.
I may not be a “Free Stater”, but I love liberty and am friends with many of them. I have seen plenty of liberty people upset about these checkpoints and they have posted their outrage online… on facebook. Which means no one hears it except those connected to the person on facebook – such posts only hit the libertarian echo chamber. Sadly, most of the people who are here are not bloggers like Susan and me. They are just as outraged as she, but fail to communicate it effectively to a wider audience. (more…)
