2026-10-03


Horseshit


AI Will (Save | Destroy) The World

Neo Gambling / Crypto con games

  • There's a spike in Bitcoin activity around the time foreign aid money goes out

    Somewhere between 2 and 6 cents of every dollar of World Bank foreign aid disbursements got siphoned off into crypto wallets:

    We develop a disbursement-timed forensic measure of cryptocurrency activity, combining on-chain Bitcoin transactions and wallet creation, off-chain exchange records, and IP-linked web traffic, and apply it to World Bank aid disbursements covering $238 billion across the 93 recipient countries in our estimation sample during 2018-2024. Exploiting the administrative timing of aid tranche arrivals, we find sharp, short-lived surges of crypto activity at the disbursement month, driven mainly by anonymous and newly created wallets on both tax-haven and mainstream exchanges. Blockchain forensics reveal patterns consistent with the placement, layering, and integration sequence of conventional money laundering. We estimate an implied leakage of 2 to 6 cents per aid dollar, which amounts to roughly 1.7 to 4.4 billion dollars of aid diversion across the tranche arrivals we study. Capture carries no funding penalty: the four sectors where we detect it, Transport, Water and Sanitation, Social Protection, and Governance, still absorb half of subsequent World Bank funding.

  • Crypto thieves attack man in home and threaten to kill pregnant wife's baby

  • Prediction Markets a Destination for Gambling Addicts

Trump

  • What Trump Has Built

    At one of the lowest points of his presidency, he is absorbed with the physical details of a world he can remake to his liking. There is something revealing in the contrast. Here, he can still point to a wall and say how thick it should be, decide where the grass ends and the stone begins, make demands and have them fulfilled. With his presidency seemingly spinning off course, Trump has busied himself with things he can control.

Democrats

China