1️⃣ How the Yemeni Civil War (2014–present) is portrayed in the main stream media
![](https://pbs.twimg.com/media/Eugsf52XYAIffV5.jpg)
Iranian backed Supreme Political Council (Houthis)
International recognized Government (Hadi-led government)
South Yemen Nationalists Southern Transitional Council
The (allegedly Iranian and Qatari backed) Ansar al-Sharia and Al-Qaeda in the Arabian Peninsula (AQAP)
![](https://pbs.twimg.com/media/Eugu0ReWQAA_cDb.jpg)
![](https://pbs.twimg.com/media/EugwGzXXMAEjPXt.jpg)
![](https://pbs.twimg.com/tweet_video_thumb/EugySCfXcAIi-LQ.jpg)
Civil wars have plagued the nation for years. In 2011, when the so called Arab Spring shook the Arabian world , Yemenis protested for "democracy" .
That's what the main stream media told you, right? Well the truth is a bit more complicated
Hadi fled to Saudi Arabia in early 2015. A fight for power between tribal and government factions within Yemen escalated in March of that year & became threatening to the security of the region
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The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.