Charles Barkley Threatens to Shoot Old Agent: ‘I Would Beat His Ass Down Like a Dog’

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Former NBA great Charles Barkley appeared Friday NBC Sports Network’s “The Dan Patrick Show” and discussed the early parts of his NBA career, calling out his old agent for stealing from him. “I signed with a scumbag agent. I don’t want to mention his name: Les Lessnick! If I saw him today, I would blow his damn brains out. I hate that S.O.B.” Patrick asked Barkley to clarify, “You don’t mean you would shoot him?” “I would if I had a gun,” responded Barkley. “I would beat his ass down like a dog. That’s the worst thing you can do for somebody, Dan, is steal from them. When you steal from somebody, you are saying to them I don’t respect how hard you worked for your money. When somebody steals from you, that’s what they’re saying. They’re breaking the law like people say they break the law. No. When somebody steals from you, they’re saying to
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Rubio: Tyranny the Source of World Instability — Cites N Koreans, China, Russia, Radical Islam, Iran

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In an appearance on CNBC’s “Squawk Box” on Friday, Sen. Marco Rubio (R-FL), a candidate for the 2016 Republican nomination, took aim at China, putting the Asia nation in the same category with other “tyrannies” in the world, which he said was the root cause of instability in the world. “Look around the world today,” Rubio said. “Every source of instability on this planet is created by a tyranny. It’s the North Koreans, the Chinese, the Russians, radical Islamists and Iran. What do all five of them have in common? They are all tyrannies. None of them are democracies obviously.” “In Moscow, if you oppose Putin you wind up poisoned or dead,” he added. “In China, there’s well-documented human rights abuses. North Korea is horrifying, what happens there. We all know about ISIS. We all know about Iran.” Follow Jeff Poor on Twitter @jeff_poor
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Donald Trump Sparks GOP Soul-Searching

AP Photo/Charles Krupa
A well-intentioned article by Noah Rothman in Commentary Magazine offers that Donald Trump’s supporters are the right wing’s version of Obama’s vacuous “Hope and Change” acolytes. Says Rothman: “Trump is the right’s Obama, insofar as his policy preferences are ill-defined, pliable, and reflective of whatever the audience immediately before him wants them to be.” Such comparisons short-change Trump’s supporters.
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CardCash Adds Bitcoin Payments for Gift Cards at Thousands of US Retail Stores

CardCash, an American online company that buys and sells discounted gift cards from thousands of national retailers, has begun to accept bitcoin payments. CardCash joins companies like Gyft and Fold that provide ways for Bitcoin users to interact with the massive gift card industry. “We saw that bitcoin was getting a lot of traction and growing in legitimacy,” CardCash CEO Elliot Bohm said in an interview with Bitcoin Magazine, “but it was slow in getting acceptance in popular brands.” He pointed out that while consumers could use bitcoin to shop at Overstock and Dell, they couldn’t spend their bitcoin at Macy’s, for example. “We can easily be the bridge,” said Bohm. “People can use bitcoin and save money at the same time.” […]

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Investors Weight Bitcoin’s Prospects as Fear Levels Rise Across Global Markets

As weak economic data from China hit asset prices globally, Bitcoin Magazine spoke to a number of experts to assess the impact on the price of bitcoin. Since its introduction in 2009, soon after the outbreak of the Great Recession, bitcoin has been championed as a more reliable store of long-term value than fiat money given bitcoin’s capped supply and the continued printing of fiat currencies by various central banks, which many fear will continue to cause financial crises across the globe. However as the CBOE Volatility Index (VIX), often referred to as the ‘Fear Index’, recently trebled from 13.02 to 40.74, and global markets posted their worst week of the year, the U.S. dollar price of a bitcoin fell […]

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A Closer Look at BIP100: The Block Size Proposal Bitcoin Miners are Rallying Behind

The block-size limit debate has taken a turn now that some of Bitcoin’s biggest mining pools are publicly endorsing BIP 100 (Bitcoin Improvement Proposal 100) instead of backing a Bitcoin XT blockchain fork. So far, F2Pool, BTCChina, BitFury, KnCMiner, 21 Inc. and several smaller pools have come out in support of this alternative proposal. Combined, this represents well over half of all hashing power on the Bitcoin network. While these endorsements are just a show of support, and do not trigger a change of the block-size limit or a blockchain hard fork as Bitcoin XT is programmed to do, the mining endorsements do mandate a closer look at BIP 100. What is BIP 100?  Over the past weeks most of […]

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Bitcoin Businesses Take Steps to Prepare for CoinWallet’s September Stress Test

CoinWallet.eu, the U.K.-based Bitcoin mining and wallet business has said it will be running another “stress test” in early September to test the Bitcoin network, according to International Business Times. The company told the international journal that this round of “test” or “spam” attacks “will likely render most standard wallet software worthless and create nearly a 30-day backlog” in the system. Bitcoin Magazine reached out to CoinWallet to learn more about the company’s plans but received no response by time of publication. Stress Test will hammer the Bitcoin network Much like its previous stress test in early July of this year, CoinWallet’s so-called “dust attack” will flood the network with thousands of small, spam-like bitcoin transactions that are large in data but […]

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