This is an open letter to IRTA, regarding the ongoing Tradeqoin fraud, a failed business operated by an IRTA Board Member, brazenly misrepresenting its performance AND having solicited funds from the public by way of Crowdfunding on the back of such misrepresentations. I plead with them to act to stop the rot, before more muck comes out in public and more people lose money as a result of the scam being conducted within their own ranks. [Read more…]
Archives for June 2015
A recent post in an Alternative Currency forum suggested that I explain how to discern good currencies/exchanges from bad ones. To put it simply the person requesting this knew that I had identified and exposed some of the crooks in the industry and wanted some tips; fair enough. In this post I explain HOW a barter/trade exchange dies – it’s usually always from inflation [a devaluing of the currency] – and the reason can be anything on a scale of outright fraud – to management incompetence – to simple adversity. I give practical examples of five failed/failing Trade Exchanges and have practical advice for both exchange owners and members. [Read more…]
In this post I share my recent experiences using Bartercard, explaining how the value of a currency is always determined by the traders, not the issuers of a currency. This has ramifications all round but directly affects traders using the Bartercard currency system, and currency owners/designers who think that they can set the value of a currency ‘from above’. They can’t! [Read more…]
In this post I address the subject of effectiveness of a currency, considering their purpose and design. The creation of a currency, be it a crypto-currency, a barter currency, or community currency is always for a purpose – form follows function. I explain that the traditional ‘build it-sell it’ business model is broken and show how a well-designed currency should invert this process. It neutralises the purpose-driven currencies but gives the people what they want. [Read more…]
I share here another top email communication and provide commentary. It’s a recent message from Simon Black warning about the coming Capital Controls and his messages are always a good read – consistently on-song. He’s astute and over the years I’ve picked up a lot of depth to understanding the global financial picture from his thoughts and examples from history. In this message he’s preparing his readers for coming capital controls. I agree 100% and take the subject a little further. Enjoy! [Read more…]
This post is a reply (off-list) to comments & constructive criticism relating to my credibility on a list relating to Alternative Currencies. In essence the commenter suggests that he’s impressed with some of my work but thinks that I shouldn’t be talking about ‘crazy conspiracies’ on the same website as any meaningful commentary on Community Currencies or my reporting of serious investigations. My replies [interspersed] explain that Alt. Currencies, investigations and conspiratorial subjects are all only a part of what I write about, but that as a straight-shooter, I’m a total package. This works both ways, causing shallow thinkers to bounce off but attracting the truthseeker, deeper thinkers and those like-minded. Enjoy! [Read more…]
The Holocaust is a taboo subject. Deny it and instantly you are simultaneously labelled an anti-Semite, Nazi sympathiser, conspiracy nutter and tarred for life as a “Holocaust Denier” – a social outcast. Fortunately the gloss is wearing off the spin in some quarters and new generations are becoming more alert to the manipulation of Political Correctness but what REALLY happened in WW2? Even for seasoned truthseekers, answering this question is actually not easy.
Here is my take, having spent hundreds of hours pouring over the claims and counterclaims. It’s a succinct and handy summary of the key issues, something rarely found, even in revisionist circles.
Following a couple of online digs from Tradeqoin people who want the world to think that their baby is all fine, in this post I revisit the Tradeqoin business. Tradeqoin is a Dutch Trade Exchange, the flagship of vocal and longstanding Community Currency advocates Qoin, one that I’ve called a scam. Fifteen months since it’s inception, I share my take on the entire Tradeqoin operation – it’s a dead and dying business headed for bankruptcy. It’s claims of membership and trade volume are now even more fraudulent than when I first made them. Apart from summarising my previous findings, I also reveal new information showing how the people associated with it are comfortable with half-truths and outright deception. This is an ugly one! [Read more…]
It’s rare that I get something across my desk that ticks all the boxes for an experienced opinionated critic of human nature, marketing, IT, culture, faith and more (Yes an ego here I know . . .but!) A recent communication from PovertyCure however did just this. In this post I show their professionalism, commenting on what I think they did RIGHT and why I think this. I copy in here the questions they asked in their online survey and give you my responses, for others may also appreciate the ‘words of wisdom’ I shared with them. Enjoy! [Read more…]