{
  "trx_id": "ed02af8ac3423e155ba13ac4cef1af6e56c91365",
  "block": 51506336,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-02-25T02:37:30",
  "op": [
    "claim_reward_balance",
    {
      "account": "marceloarmani",
      "reward_steem": "0.000 STEEM",
      "reward_sbd": "0.013 SBD",
      "reward_vests": "24.698465 VESTS"
    }
  ]
}

{
  "trx_id": "251506bcb38dfec5c510853940e1e052243e8738",
  "block": 43196864,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-08T12:31:27",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "marceloarmani",
      "vesting_shares": "0.000000 VESTS"
    }
  ]
}

{
  "trx_id": "c182de1460cffd51976e90cae8d0146de451d3bd",
  "block": 32766410,
  "trx_in_block": 12,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-05-09T20:59:00",
  "op": [
    "comment",
    {
      "parent_author": "marceloarmani",
      "parent_permlink": "warning-if-you-like-trump-please-do-not-support-him-based-on-the-current-state-of-the-economy",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-marceloarmani-20190509t205900000z",
      "title": "",
      "body": "Congratulations @marceloarmani! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@marceloarmani/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@marceloarmani) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=marceloarmani)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-05\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-05\">SteemitBoard - Witness Update</a></td></tr><tr><td><a href=\"https://steemit.com/steemmeetupaachen/@steemitboard/steemitboard-to-support-the-german-speaking-community-meetups\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeoNp9iCaCfd2D6TqnWa3Aky2mU4Fm3xaSmjTM91YoNBS/image.png\"></a></td><td><a href=\"https://steemit.com/steemmeetupaachen/@steemitboard/steemitboard-to-support-the-german-speaking-community-meetups\">SteemitBoard to support the german speaking community meetups</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
  ]
}

{
  "trx_id": "dcd9909db3f33fd9f92609231d4c912033857147",
  "block": 25322613,
  "trx_in_block": 13,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-23T15:08:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "marceloarmani",
      "vesting_shares": "2024.279983 VESTS"
    }
  ]
}

{
  "trx_id": "e1be1b3a3acb5c6ab6ac8e271ee04634f85a515c",
  "block": 22712299,
  "trx_in_block": 34,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-24T14:00:15",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "economy",
      "author": "marceloarmani",
      "permlink": "warning-if-you-like-trump-please-do-not-support-him-based-on-the-current-state-of-the-economy",
      "title": "WARNING:  if you like Trump, please do not support him based on the current state of the economy.",
      "body": "@@ -661,24 +661,28 @@\n llar\n+'s\n  status \n-of\n+as\n  world\n+'s\n  res\n@@ -686,22 +686,24 @@\n reserve \n-system\n+currency\n . But at\n",
      "json_metadata": "{\"tags\":[\"economy\",\"trump\",\"politics\",\"financial\",\"crisis\"],\"image\":[\"https://steemitimages.com/DQmSiYXwq4kU2DfiEoDk8QiKLrVskiRiVS1Kx8UwkNNYv52/Trump%20economy.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "7abf8fbc7b7400d7c30ae628bb588edf1367f41b",
  "block": 22547260,
  "trx_in_block": 17,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-18T20:08:27",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "marceloarmani",
      "vesting_shares": "10740.364655 VESTS"
    }
  ]
}

{
  "trx_id": "1eadfc64de2cfa472d5e58dd20663c6c921dd840",
  "block": 22517099,
  "trx_in_block": 40,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-17T19:00:06",
  "op": [
    "vote",
    {
      "voter": "marceloarmani",
      "author": "marceloarmani",
      "permlink": "warning-if-you-like-trump-please-do-not-support-him-based-on-the-current-state-of-the-economy",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "2eea6d248bde0f00f06d2609379b97da80e3b60f",
  "block": 22515242,
  "trx_in_block": 37,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-17T17:27:15",
  "op": [
    "vote",
    {
      "voter": "ax3",
      "author": "marceloarmani",
      "permlink": "warning-if-you-like-trump-please-do-not-support-him-based-on-the-current-state-of-the-economy",
      "weight": 100
    }
  ]
}

{
  "trx_id": "fad5ff17d4e01accc3bad063257f8320ef5df882",
  "block": 22515239,
  "trx_in_block": 31,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-17T17:27:06",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "economy",
      "author": "marceloarmani",
      "permlink": "warning-if-you-like-trump-please-do-not-support-him-based-on-the-current-state-of-the-economy",
      "title": "WARNING:  if you like Trump, please do not support him based on the current state of the economy.",
      "body": "Not for a second.\n\nI sympathize with Trump. But the truth is the US economy is heading to a crisis. Many \"Austrian\" economists (Austrian School of Economics) have been predicting for a long time. Hard to summarize, but it's something like this: For decades the FED have been lowering interest rates. And since the creation of new money under the actual system depends on taking credit (yes: every dollar bill is also a debt) that lower interest rate fueled consumer spending and bubbles everywhere, and of course... debt - individuals, corporations and the government; everybody is heavily indebted now. That was only possible because the US exacerbated the dollar status of world reserve system. But at some point, sooner than later, this will change, because in order to roll the record debts we have now, interest rates must remain (and are been kept) artificially low. That's only possible by a mechanism that in the end of the day means printing more dollars (adding more debt to a debt problem). Eventually, the dollar value will be compromised. What happened in 1980 and 2008? The FED raised interest rates to restore confidence in the dollar, in the system itself. Now they simply don't have where to cut. And, even more serious, the whole US economy (like many others in the Werstern world) rely on debt to function and on the purchasing power of the dollar. Notice that the \"world reserve currency\" status ended up harming the american manufacturing sector, and you may easily realize how serious this is. The end result will be a monetary, economic, financial and social collapse much greater than the last one, because the numbers are much greater now.\n\nBlame the FED and all presidents who did nothing to stop that (Clinton, Bush, Obama and now Trump, although in a lesser extent); this problem was created many decades ago. There's nothing Trump could do except to stop the printing. But that would bring the crisis, and the political cost to do it is too big. Anyway, it's coming. I doubt Trump will be able to pass this problem to his successor.\n\nI'm writing this because if that happens under Trump administration (likely), capitalism and conservatives will be blamed, although this is the result of government intervention (through the Fed) in the economy. Absolutly nothing to do with a real free market. But we know how political propaganda works.\n\n![Trump economy.jpg](https://steemitimages.com/DQmSiYXwq4kU2DfiEoDk8QiKLrVskiRiVS1Kx8UwkNNYv52/Trump%20economy.jpg)",
      "json_metadata": "{\"tags\":[\"economy\",\"trump\",\"politics\",\"financial\",\"crisis\"],\"image\":[\"https://steemitimages.com/DQmSiYXwq4kU2DfiEoDk8QiKLrVskiRiVS1Kx8UwkNNYv52/Trump%20economy.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "a66b750471c336f26b9a98156cbef69a5f25c5aa",
  "block": 22492834,
  "trx_in_block": 42,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-16T22:46:39",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "marceloarmani",
      "vesting_shares": "2034.832276 VESTS"
    }
  ]
}

{
  "trx_id": "7d4defc6dd470596feb8db2d679204d92ed4a895",
  "block": 22185303,
  "trx_in_block": 13,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-06T06:27:42",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "marceloarmani",
      "vesting_shares": "10760.209159 VESTS"
    }
  ]
}

{
  "trx_id": "148e4e08d9d388cfdc7b7f4e01f5ded7a90625da",
  "block": 18463192,
  "trx_in_block": 28,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-12-27T21:18:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "marceloarmani",
      "vesting_shares": "10963.844730 VESTS"
    }
  ]
}

{
  "trx_id": "3a594029d60f7244c220cb806bc582480c940227",
  "block": 16666614,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-10-26T11:28:33",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "marceloarmani",
      "permlink": "dinheiro-como-sistema-de-controle",
      "title": "Dinheiro como sistema de controle",
      "body": "Autor: Andreas Antonopoulos\n\nQuais são as quatro principais funções da moeda?\n\nVocê provavelmente está ciente de três:\n\n- Meio de troca\n- Reserva de valor\n- Unidade de conta\n\nE a quarta?\n\n- **SISTEMA DE CONTROLE**\n\n![System of control.jpg](https://steemitimages.com/DQmNcazFZiYXnv8tJaTQzQSqeHhPfky6tP5LRfir3vivcuZ/System%20of%20control.jpg)\n\nNós utilizamos dinheiro há milhares de anos. No entanto, o dinheiro que temos hoje é muito diferente do dinheiro que tivemos no passado, porque uma mudança nos últimos 50 anos alterou fundamentalmente o curso do dinheiro, deste sistema de comunicação de valor para outras pessoas.\n\nTemos os três componentes: meio de troca, reserva de valor e unidade de conta; esses estiveram conosco por milênios, e então, algo aconteceu. Em 1970, Richard Nixon assinou o The Bank Secrecy Act e transformou o dinheiro em um sistema de controle. Um sistema de controle que tenta usar o dinheiro como uma ferramenta política para controlar quem é capaz de enviá-lo e recebê-lo, para quem eles são capazes de enviar dinheiro e que, em última instância, visa à vigilância completa de todas as transações financeiras em todo o mundo. Uma vigilância financeira completa, total, – totalitária.\n\nEssa mudança, ocorrida há 50 anos, percorreu gradualmente todos os países, serviços financeiros e bancos do mundo. Richard Nixon modificou o setor de serviços financeiros transformando-o em um braço de aplicação da lei – aplicação da lei além das fronteiras, jurisdições e, mais importante, além do devido processo, controle e recurso, político e democrático.\n\nUm policial pode confiscar o seu dinheiro, um juiz pode assinar uma autorização para congelar suas contas, e um banco pode fazer ambas as coisas sem a autorização de ninguém, e não há nada que você possa fazer a respeito, e isso se aplica em todo o mundo.\n\nO dinheiro como um sistema de controle suplanta todas as outras funções monetárias. Quando o dinheiro é transformado em uma ferramenta de coação, suas outras funções começam a ficar deterioradas. Ele deixa de ser o melhor meio de troca porque essa função é subordinada à do sistema de aplicação da lei – ao sistema de controle -, e nesse ponto este aspecto começa a corromper tudo.\n\nEstamos há 25 anos na revolução da internet – smartphones, celulares, telas sensíveis ao toque e conexões de dados se propagaram para mais de 2,5 bilhões de pessoas que antes não tinham essas tecnologias. O setor financeiro, contudo, está atrasado, uns 15 ou 20 anos. Não atinge as 2,5 bilhões de pessoas que não tem acesso a serviços bancários, nem as 4 bilhões que estão sub-bancarizadas. Apenas 1,5 bilhão de pessoas têm a forma mais ampla e privilegiada de serviços bancários desfrutada na maioria das democracias do mundo ocidental. Ser um credenciado como investidor autorizado colocaria você entre 0,1% das pessoas do mundo.\n\nHá essas desigualdades no sistema financeiro: algumas pessoas que têm melhor acesso, outras têm melhores recursos e há outras ainda que têm imunidade completa. Elas podem cometer crimes contra milhões, causar despejos, fraudar a taxa básica de juros, manipular o preço do ouro no mercado, e ninguém nunca irá para a prisão. Porque quando o dinheiro se torna um sistema de controle e fiscalização, as empresas financeiras se tornam filiais desse sistema, e como tais recebem algumas vantagens. Uma das vantagens é: nunca ir para a prisão.\n\nBem, há exceções. Existem algumas regras fundamentais que sempre se aplicam à nossa sociedade. Bernie Madoff foi para a prisão porque ele cometeu o erro básico de roubar de pessoas ricas. Isso o sistema não tolera. Mas despejar 10 milhões de pessoas pobres de suas moradias não é problema. Criar 3,5 milhões de contas falsas no Wells Fargo também não. Perder 143 registros privados na Equifax? Nenhum executivo irá para a prisão.\n\nUm sistema de controle corrompe a própria base do dinheiro até que ele não possa mais funcionar como meio de troca e comece a gerar exclusão econômica. A era da internet começou há 25 anos e a inclusão econômica está alcançando menos pessoas; estamos na verdade retrocedendo historicamente, porque cada vez mais países estão sendo cortados do sistema financeiro mundial. Se você não agir no melhor interesse dos EUA, você perde o seu código swift e deixa de fazer parte da rede de transferência bancária. Você deve se submeter à jurisdição universal dos tribunais americanos ou perde acesso à rede bancária internacional e ao dólar.\n\nO problema é que essa condição de barganha tornou os serviços financeiros inatacáveis em termos de competição. Eles estão cercados por uma série de regulamentos, e esses regulamentos certamente não são sobre proteção do consumidor, eles são sobre o sistema de controle do dinheiro, a aplicação da lei, de políticas públicas e, às vezes, de medidas puramente políticas que vêm com o dinheiro. O dinheiro não flui livremente.\n\nEu tenho algumas más notícias para os bancos: as barras de ouro que os cercam e os protegem da concorrência são na verdade uma gaiola dourada; uma gaiola que mantém os bancos dentro do sistema de regulação que impede a concorrência externa, mas que também os impede de atuar com inovação expandindo seus negócios em mercados livres – a menos que eles façam tudo isso subordinados a um sistema de controle político.\n\nNesse contexto, a função de reserva de valor não funciona mais. Você não pode armazenar valor em uma moeda que pode ser confiscada por capricho, congelada por qualquer banqueiro a qualquer momento, e que sequer é uma reserva estável de valor. Se você é um país, você não pode usá-la como moeda para comprar petróleo – como sua reserva para o comércio exterior – porque caso você desagrade as superpotências elas cortarão o seu acesso ao sistema, e você não conseguirá usar petróleo. Você não pode usar o dinheiro como meio de troca se você não pode trocá-lo livremente com quem quiser. Assim, gradualmente a corrupção se espalha.\n\nAgora, surge algo novo no horizonte: um sistema monetário que funciona na rede que é um meio de troca, uma reserva de valor e, um dia, potencialmente, uma unidade de conta, mas que nunca se tornará um sistema de controle. Ele se recusa a ser um sistema de controle. Na verdade, o princípio do seu design é a neutralidade, a abertura, o acesso sem fronteiras, a resistência à censura.\n\nEntão agora os bancos não podem mais brincar nesse espaço. Eles estão presos dentro de suas gaiolas douradas brincando de policial para as superpotências mundiais, oferecendo serviços econômicos a uma pequena fração da população humana, sacrificando 4 bilhões de pessoas no altar da pobreza para criar uma boa sensação de segurança entre a classe média vendendo mentiras como depósitos segurados – “não se preocupe, seu dinheiro é garantido pela FDIC!”.\n\nQuantas pessoas têm FDIC ou um seguro equivalente em suas contas bancárias? Quantos gregos você acha que tinham seguro em suas contas bancárias? Todos eles. Mas essa garantia desapareceu em uma tarde – houve um corte de 20% no valor dos depósitos. Afinal, é um seguro para quem? Para você ou para os bancos? E é seguro contra o quê? A resposta é: contra crise pequena, não crise grande. Crise grande não tem seguro.\n\nQuantos de vocês têm dinheiro nos bancos? Nenhum de vocês tem dinheiro nos bancos! Quero dizer, não é o seu dinheiro – se você é advogado, entende isso. Você tem uma conta, que é uma construção legal que eles lhe dão em troca do empréstimo não garantido do seu dinheiro para eles poderem financiar crédito para os clientes do banco. Você não possui legalmente o dinheiro que está em sua conta, mas uma construção legal que possivelmente, talvez, lhe dê direito de sacar, no ritmo que o banco permitir e a menos que você não desagrade a pessoa errada, vá no protesto errado, associe-se à organização errada ou vote no partido errado.\n\nTalvez isso não esteja acontecendo no Canadá, claro, mas esse modelo de transformar dinheiro em um sistema de controle se espalhou como incêndio em muitos países, porque ele é o sonho de todo ditador, ele garante que os dissidentes políticos possam ser barrados no banco de forma muito eficaz. É um dos sistemas de controle mais eficazes que existem. E agora tem que enfrentar a concorrência de um sistema que não fará isso, que não pode fazer isso, que não cederá nem será cooptado.\n\nE qual é a resposta? “Há! O Bitcoin é uma piada! As criptomoedas estão fora do sistema, ninguém quer estar fora do sistema.”\n\nAcontece que há 6 bilhões de pessoas lá fora. Elas não querem estar fora do sistema, elas preferem estar dentro, mas eles não foram convidados e provavelmente não serão. Muitos deles não podem fazer as coisas necessárias para serem convidados ao sistema.\n\nExiste uma geração inteira que agora descobriu as duas formas de poder que as pessoas têm. A primeira forma é a voz, e a segunda é sair. Você usa a sua voz, expressa sua vontade política e força a mudança, e quando isso não funciona, você tenta a segunda forma de poder mais importante que todos os humanos possuem, isto é, ir embora. Por milênios as fronteiras foram erguidas para impedir que as pessoas saíssem, para desacelerar sua saída. Não se consegue facilmente emigrar, partir, ir embora.\n\nMas o que acontece quando a saída não é um ato físico, mas um ato virtual? O que acontece quando as pessoas decidem sair do sistema financeiro de forma virtual?\n\nVocê pode manter o interior da gaiola dourada: ele está demograficamente estagnado, super alavancado, nadando em dívidas, fora de controle e serve uma pequena porção da população. Você pode escolher mantê-lo. Mas uma geração inteira de millennials já não acredita nessa ficção de segurança bancária, de possibilidades futuras, de lucros diferidos, de manipulação da taxa básica de juros, de hipotecas. Eles sairão. Eles estão saindo em massa, não apenas aqui, mais ainda mais nos países onde o sistema existente de controle é usado despoticamente e de forma opressiva. A China está saindo em massa, e isso mal começou. O Bitcoin tem apenas 9 anos.\n\nE, então, o que as pessoas de dentro do sistema fazem? O que os reguladores fazem em resposta a um sistema que não pode ser regulado? Eles regulam as pequenas partes que eles conseguem: as corretoras, as contas bancárias, o lado das coisas que envolve a moeda nacional, bloqueando as vias de acesso e de saída, e dizem: “nós não deixaremos você levar o seu dinheiro com você.”\n\nE como a atual geração agora pode responder? “Eu não tenho nenhum dinheiro com você. Tudo o que tenho é o meu potencial criativo, meu espírito, minha produtividade, e posso vender isso diretamente por bitcoin sem um intermediário, e quando eu precisar comprar algo, usarei a minha moeda digital diretamente sem reentrar no seu sistema, para o qual eu nunca fui convidado, diga-se de passagem. Bloqueie o acesso, bloqueie as saídas; eu permanecerei à bordo. Permanecerei digital. Não vou mais tocar na sua gaiola dourada porque eu não preciso de você. Eu saí.”\n\n----------------------------------------------------------------------------------------------------------------------------------------------------------------\nNDT : Este artigo é a transcrição de uma palestra dada por Andreas Antonopoulos em outubro de 2017.",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"economics\",\"banking\",\"money\"],\"image\":[\"https://steemitimages.com/DQmNcazFZiYXnv8tJaTQzQSqeHhPfky6tP5LRfir3vivcuZ/System%20of%20control.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "1c8123cdd4806029dab5257ae56d44ae205c4ab2",
  "block": 16239393,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-10-11T14:58:36",
  "op": [
    "vote",
    {
      "voter": "marketreport",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "cf3c175571d45cb323f5afcdf76e4064a2d9155f",
  "block": 16239310,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-10-11T14:54:27",
  "op": [
    "comment",
    {
      "parent_author": "marketreport",
      "parent_permlink": "governments-and-central-banks-cannot-stop-bitcoin-here-s-why-by-gregory-mannarino",
      "author": "marceloarmani",
      "permlink": "re-marketreport-governments-and-central-banks-cannot-stop-bitcoin-here-s-why-by-gregory-mannarino-20171011t145428858z",
      "title": "",
      "body": "I agree with you, Greg. \nI'wrote an article \"Is Bitcoin Money?\" and I would be glad if you see the arguments I've offered there. \n\nHere's the link: https://steemit.com/bitcoin/@marceloarmani/is-bitcoin-money-let-s-keep-it-simple\n\nTake care!",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"links\":[\"https://steemit.com/bitcoin/@marceloarmani/is-bitcoin-money-let-s-keep-it-simple\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 16095139,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 13,
  "timestamp": "2017-10-06T14:42:39",
  "op": [
    "author_reward",
    {
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "sbd_payout": "0.013 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "24.698465 VESTS"
    }
  ]
}

{
  "trx_id": "0fc06685b291e048ee6c705edd03b5db95142454",
  "block": 15899620,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T19:37:03",
  "op": [
    "claim_reward_balance",
    {
      "account": "marceloarmani",
      "reward_steem": "0.000 STEEM",
      "reward_sbd": "1.048 SBD",
      "reward_vests": "1107.609986 VESTS"
    }
  ]
}

{
  "trx_id": "547cf75d627f2b7c4b51a408469a9d1e587f5157",
  "block": 15896855,
  "trx_in_block": 12,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T17:18:48",
  "op": [
    "vote",
    {
      "voter": "nomad88",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "aec3ddc9920afb0f40d2d892d54deaf72e63035f",
  "block": 15894323,
  "trx_in_block": 12,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T15:12:12",
  "op": [
    "vote",
    {
      "voter": "primetimesports",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "weight": 2
    }
  ]
}

{
  "trx_id": "78a467a834701b603ebcff778a18e97d1ea83ca7",
  "block": 15894277,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T15:09:54",
  "op": [
    "vote",
    {
      "voter": "ubg",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "weight": 100
    }
  ]
}

{
  "trx_id": "db34ff01f02076a5f9a0a3b1e416342059287a2b",
  "block": 15894213,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T15:06:42",
  "op": [
    "vote",
    {
      "voter": "marceloarmani",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "f55b2d2bccc2f33ea32669a0307ad1988f4bfd20",
  "block": 15894095,
  "trx_in_block": 28,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T15:00:48",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "title": "Is Bitcoin Money? Let's keep it simple.",
      "body": "@@ -12937,32 +12937,33 @@\n ies \n-whose ballast is\n+that are based\n  simply \n+in \n the \n@@ -13083,19 +13083,18 @@\n ll take \n-yo\n u\n+s\n , we sti\n@@ -13181,19 +13181,18 @@\n al that \n-she\n+it\n  has the\n@@ -13216,19 +13216,19 @@\n to make \n-her\n+its\n  critics\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"money\",\"economics\",\"finances\",\"cryptocurrencies\"],\"image\":[\"https://mises.org/sites/default/files/styles/slideshow/public/static-page/img/bitcoin2.jpg?itok=P_ciT34i\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "e45e2a9e42de5db0966b6762ee2fb0c74f2aa8b9",
  "block": 15894008,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T14:56:27",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "title": "Is Bitcoin Money? Let's keep it simple.",
      "body": "@@ -11374,15 +11374,8 @@\n ore \n-dearly \n now \n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"money\",\"economics\",\"finances\",\"cryptocurrencies\"],\"image\":[\"https://mises.org/sites/default/files/styles/slideshow/public/static-page/img/bitcoin2.jpg?itok=P_ciT34i\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "bca1e0f73590bf390f9b78ecb9c61ce2d22f8539",
  "block": 15893953,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T14:53:42",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "title": "Is Bitcoin Money? Let's keep it simple.",
      "body": "@@ -8626,16 +8626,17 @@\n nly the \n+%22\n bad mone\n@@ -8632,24 +8632,25 @@\n e %22bad money\n+%22\n .%0A%0A**Argumen\n@@ -8772,17 +8772,16 @@\n herefore\n-,\n  it is a\n@@ -9378,17 +9378,16 @@\n there is\n-,\n %22 would \n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"money\",\"economics\",\"finances\",\"cryptocurrencies\"],\"image\":[\"https://mises.org/sites/default/files/styles/slideshow/public/static-page/img/bitcoin2.jpg?itok=P_ciT34i\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "a6611a64f819e6347b9f8e8451e64149228ae056",
  "block": 15893873,
  "trx_in_block": 20,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T14:49:42",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "title": "Is Bitcoin Money? Let's keep it simple.",
      "body": "@@ -3777,16 +3777,18 @@\n y, it's \n+a \n speculat\n@@ -3848,18 +3848,17 @@\n ture: it\n- i\n+'\n s expect\n@@ -5972,28 +5972,22 @@\n he world\n- in question\n+, fast\n , cheapl\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"money\",\"economics\",\"finances\",\"cryptocurrencies\"],\"image\":[\"https://mises.org/sites/default/files/styles/slideshow/public/static-page/img/bitcoin2.jpg?itok=P_ciT34i\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "568687bab81c1c0de08e0a0f54e4aef52dd3053f",
  "block": 15893773,
  "trx_in_block": 30,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T14:44:42",
  "op": [
    "vote",
    {
      "voter": "anomaly",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "weight": 100
    }
  ]
}

{
  "trx_id": "8d783cf24e7fda1e47d3d8763bf88d5d57a510ba",
  "block": 15893732,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T14:42:39",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "marceloarmani",
      "permlink": "is-bitcoin-money-let-s-keep-it-simple",
      "title": "Is Bitcoin Money? Let's keep it simple.",
      "body": "Bitcoin is in many ways a phenomenon. But one of its richest outcomes is the potential of inciting reflection on fundamental aspects of society even in people not accustomed to critical thinking. It takes only a few minutes for the content of a conversation to shift from an investment opportunity to a speculation about the nature of money, - and doesn't take long before considerations about the monetary system emerge, as the creator, Satoshi Nakamoto, foreseed:\n\n*“It is very attractive from the libertarian point of view if we can explain it correctly. But I'm better with code than with words.\"*\n\nThe problem is that there is still a lot of conceptual confusion in these discussions. Doubt at the theoretical level compromises the understanding of what is happening before the eyes. This helps explain the distance between those who see Bitcoin as an internet joke and those who see it as one of the greatest inventions of all time.\n\nThe discussion, then, needs to start from a more objective description of the concepts involved.\n\n**THE ORIGIN OF MONEY**\n\nThe emergence of money in history happened when, for the first time, a commodity was **freely** and widely used as a medium of exchange. Money solved a practical problem: when individual \"A\" wants a product of \"B\" but does not accept a direct exchange because he actually wants a product from \"C\", \"A\" has to first exchange products with \"C\" for then exchange them with \"B\" and get what he, \"A\", wants. Instead of a single negotiation, two or more are needed. The adoption of a common-use medium of exchange eliminates this need - whether it be gold bars between countries, cigarettes among detainees, the discovery of money serves the common interest of optimizing exchange relationships and, in addition, facilitating specialization.\n________________________________________\nRegarding specialization:\nIf you were really good at something - for example, making nails - you could now make a living by making nails. Without the money, someone who spent all day making nails would have to find (a) someone with excess food who wanted nails, (b) someone with overcoat who wanted nails, (c) someone with excess clothing who also wanted nails in that moment, and so on. \"(Peter Schiff)\n________________________________________\nMoney is the universal language that communicates each individual's subjective preferences. It makes economic calculation possible and, through it, entrepreneurship and the satisfaction of social necessities; it generates the conditions for a situation of greater prosperity and material well-being in society. Therefore, any argument that condemns money in itself is foolish and irrational.\n\nTacitly, people realized the ease of trading and performing economic calculations through a commodity with broad acceptance.\n\n**A SIMPLE DEFINITION**\n\n*\"A medium of exchange that is in common use is denominated money.\"* (Ludwig Von Mises)\n\nThe key word here is _use_. This definition makes it useless the debate on whether a given medium of exchange is or is not \"real money.\" Money is anything that is used as such, regardless of any pre-formulated money ideal.\n\n**There is no difference in nature between \"money\" and \"goods\"**. The condition of \"money\" is only a quality attributed to a good at a given moment. It can be seen as the present success of a good in fulfilling a certain purpose - medium of exchange. Given that the criterion is quite simple, nothing prevents more than one good being considered money.\n\n**Such a condition is, by definition, _fragile_, in the sense that it can be revoked at any time by disuse**. In practice, the consensus around one or more goods needs to be constantly renewed, and strictly speaking nothing guarantees its subsistence in the next moment. Ultimately, it's speculation about how other people will behave in the near future: it is expected that they will continue to use \"x\" as a medium of exchange. Not even a country's law can guarantee this certainty - as we learn from the history of monetary collapses - because economic laws are superior to it and ultimately prevail over any forced legislation. This fragility has enabled a variety of goods to be used as a medium of exchange throughout history.\n\nOf course, although the condition of money can attributed to anything marketable, for obvious reasons, things like refrigerators, automobiles or buildings never acquire this condition broadly in a society. In an intelligent and natural way, humanity always preferred easily divisible and transportable goods, since they optimized exchange and economic calculation.\n\n**In essence, all money is a good, and every good is, potentially, money, as long as it is given to it exchange utility - or \"exchange value.\"**\n\nPrecisely at this point a bifurcation of opinions regarding Bitcoin as money takes place.\n\n**A SERVICE AS A \"GOOD\"**\n\nIt turns out that economists have always understood the theory in the sense that the \"good used as a medium of exchange\" referred to something necessarily tangible, as a commodity. For this reason, the Regression Theorem enshrined the reasoning that, for some particular commodity to be considered money, it had to have a non-monetary demand prior to its monetary status. The attraction for gold’s beauty and durability, for example, predates its use as money. Thus, apparently Bitcoin did not fulfill this prerequisite: it had never been used before for something else.\n\nThe meaning of this definition is the requirement that the money-commodity has naturally emerged as a medium of exchange, owing to its own utility and by a market choice. Hence a requirement for non-monetary demand that proves its value independently of its monetary function. **But the key to incorporating Bitcoin in theory arises from the understanding that this requirement from the theory is, in fact, more logical than temporal.**\n\n**The purpose**\n\nBitcoin was created as a network that enables unmediated transfers to anywhere in the world in question, cheaply, uncensored, 24 hours a day, 365 days a year. Its decentralized design makes it unstoppable, an indestructible record. **This ease of transfer combined with its incorruptibility is what generates attractiveness.**\n\nForget for a minute the discussion about whether Bitcoin is money or not and consider only the market solution that it offers. Would this service alone have demand? In other words, people would like to enjoy a service like this? The answer is undeniably “yes”. **This is the non-monetary value of Bitcoin**.\n\n**And where does the monetary value come from?**\n\nUnlike other payment networks - this is a crucial detail - the Bitcoin network transfers only its own (and limited) units; an exclusivity that generates demand for them and, consequently, value. **Access to the Bitcoin network solutions (its non-monetary function) is conditioned on the use of its units (bitcoins) as a means of exchange. Due to the network's own architecture, in Bitcoin, the two forms of demand are intricate, which explains why they emerged at the same time.**\n\nTherefore, the Regression Theorem should not motivate opposition to Bitcoin.\n\nAll the mechanisms of control and the costs imposed by the current financial system potentiate the adoption of Bitcoin and other cryptocurrencies. They would be less relevant if the world today enjoyed fast, cheap, censor-free, and privacy-free financial solutions. However, individual freedom is not a trend of the current system.\n\n**OTHER COMMON OBJECTIONS**\n\n**Argument of low acceptance**\n\n*- Bitcoin has low acceptance among merchants. And even among those who accept it, their products are seldom priced in bitcoin; they prefer to advertise the price in dollars or other fiduciary currencies. Therefore, Bitcoin does not fulfill the purpose that brought it to the world.*\n\n**Answer**: Today, only for the merchant who wishes to bet long-term on the price it would make sense to receive payments in bitcoins - logically, I am not referring to the use of the network as a means of payment, but to wanting the currency itself. Otherwise, it would be stupid if he priced the products in a currency that is still highly volatile - he would be taking an unnecessary risk to his purpose, which is just to sell. Commercial activity involves calculations, and this requires predictability.\n\nOn the consumer side, the explanation can be provided by Gresham's Law. According to this principle, bad money drives out good. Which means that people prefer to use \"bad money\" for daily expenses and keep \"good money\" under their mattress. So, the \"good money\" goes out of circulation, leaving practically only the bad money.\n\n**Argument of volatility**\n\n*- The price of Bitcoin varies a lot. This variation creates a risk for sellers who accept it; therefore, it is a bad coin.*\n\n**Answer**: Also very common, this argument does not take into account the way a coin is born in the market. It seems that these critics are so accustomed to coins springing up overnight, by decree, that they can not imagine the way a coin is born and gradually evolves into settlement.\n\nImagine that yesterday you invented the most perfect money that exists and called you **P**. People close to you, realizing this, would use **P** and their adoption would start to grow. But with a market capitalization still so small, in what way **P**, even being \"the most perfect money there is,\" would not be highly susceptible to strong price swings due to large deposits or withdrawals of resources? **When the currency is incipient, the price swing, per se, does not say much about its quality**. Given that every market value is subjective (a result of the interaction between individual preferences), for the price to be 100% stable, it would be necessary for **P** to be assigned a constant and unchanging market value, which is impossible if you consider that innovation begins within a small group and spreads little by little; that the mere knowledge of **P** by more people than the initial group means that the object in question will be valued by more and more people.\n\nState currencies do not face this maturing process. As it is the force of the law that imposes them, and not a process of market, they can already be born with certain stability of value. (The problem is that over time this value will gradually erode through monetary inflation, so that power flows imperceptibly from individuals to government).\n\nIf Bitcoin (or another criptocurrency) had a market capitalization totaling the equivalent of a few trillions of dollars today, then too much volatility could be a valid criticism.\n\n**Argument that it is not investment**\n\n*- Bitcoin is not an investment, it does not pay interest, it's pure speculation.*\n\n**Answer**: By definition, every action is speculation. In the economic sphere it is no different. If you sell anything at a more expensive price than you bought it, you are richer. You speculated correctly about how much someone would be willing to pay for that asset in the future.\n\nUnlike the complication that some analysts do, it is not necessary to have regular payments (interest or dividends) to be an investment. The way in which the valuation of the good is paid, whether periodically or at once (at the time of sale), is conceptually irrelevant. Whether it be an Amazon stock, a gold bar or a currency, if the public is willing to pay more dearly now than when you bought it, then done, you made a good investment.\n\n**CONCLUSION**\n\nFor a long time, the discussion about the nature of money was treated as topic of a distant academic universe. The decision to ignore it came at a price, however. As the financial elites kept thinking about it, the last hundred years were the story of ordinary citizens living as hostages of a monetary logic projected above their understanding. And despite the intuition of injustice that many people naturally possess, this was not enough for them to link the points; that the nature of the money that ordinarily passes through our hands is directly related to the material success and psychological well-being of society.\n\nWe find the consequence of the passivity that lies at the heart of the behavior of the \"ordinary man\" described by Mises:\n\n*“Common man does not speculate about the great problems. With regard to them he relies upon other people's authority, he behaves as \"every decent fellow must behave,'' he is like a sheep in the herd. It is precisely this intellectual inertia that characterizes a man as a common man.”*\n\nNow, however, there is Bitcoin with its logic, completely antagonistic to the current system. Ironically, its existence is much more than an invitation to the debate that we have long lacked; **it is the change already underway**. If it is the will of the world's population, it will continue until the answer to the question of this article becomes self-evident.\n\nBitcoin is the result of free choices - a world apart from state currencies whose ballast is simply the fear that its citizens have of being confiscated or arrested if they do not pay taxes. But where those choices will take you, we still do not know. The fact is that this technology is so favorable to the individual that she has the curious ability to make her critics sound as if they were attacking freedom itself.\n\nhttps://mises.org/sites/default/files/styles/slideshow/public/static-page/img/bitcoin2.jpg?itok=P_ciT34i",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"money\",\"economics\",\"finances\",\"cryptocurrencies\"],\"image\":[\"https://mises.org/sites/default/files/styles/slideshow/public/static-page/img/bitcoin2.jpg?itok=P_ciT34i\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "aadd9dd1f0f6b07b603a6d7004171cd5bb5164fe",
  "block": 15893166,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T14:14:21",
  "op": [
    "account_update",
    {
      "account": "marceloarmani",
      "memo_key": "STM7A3EDVD8TqCiYwKq3QSgvpkEH4zZNpawTvDssmNkXdNdea9sKo",
      "json_metadata": "{\"profile\":{\"location\":\"Brazil\",\"website\":\"https://descentraliza.com.br/\",\"profile_image\":\"https://pbs.twimg.com/profile_images/682170322989236224/_VniWOXY_400x400.jpg\",\"name\":\"Marcelo Armani Lopes\",\"about\":\"No central bank\"}}"
    }
  ]
}

{
  "trx_id": "92f0a57afe6a70e7b3ea41dcb4d365da013ff384",
  "block": 15893162,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T14:14:09",
  "op": [
    "account_update",
    {
      "account": "marceloarmani",
      "memo_key": "STM7A3EDVD8TqCiYwKq3QSgvpkEH4zZNpawTvDssmNkXdNdea9sKo",
      "json_metadata": "{\"profile\":{\"location\":\"Brazil\",\"website\":\"https://descentraliza.com.br/\",\"profile_image\":\"https://pbs.twimg.com/profile_images/682170322989236224/_VniWOXY_400x400.jpg\",\"name\":\"Marcelo Armani Lopes\",\"about\":\"No central bank.\"}}"
    }
  ]
}

{
  "trx_id": "93846d50f9b89afe1e310270c04069447a88e678",
  "block": 15893142,
  "trx_in_block": 14,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-29T14:13:09",
  "op": [
    "account_update",
    {
      "account": "marceloarmani",
      "memo_key": "STM7A3EDVD8TqCiYwKq3QSgvpkEH4zZNpawTvDssmNkXdNdea9sKo",
      "json_metadata": "{\"profile\":{\"location\":\"Brazil\",\"website\":\"https://descentraliza.com.br/\",\"profile_image\":\"https://pbs.twimg.com/profile_images/682170322989236224/_VniWOXY_400x400.jpg\",\"name\":\"Marcelo Armani Lopes\"}}"
    }
  ]
}

{
  "trx_id": "e6b5957cda0e7373aebeff48e28096445022cf62",
  "block": 14596059,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-08-15T12:45:39",
  "op": [
    "vote",
    {
      "voter": "marceloarmani",
      "author": "keiserreport",
      "permlink": "max-keiser-it-s-impossible-to-overhype-bitcoin",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "486f40864a4b71c4f796015befd55855abe16acb",
  "block": 14257136,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-08-03T17:22:09",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "silver",
      "author": "marceloarmani",
      "permlink": "the-silver-case-a-once-in-a-lifetime-opportunity",
      "title": "The silver case: A once-in-a-lifetime opportunity?",
      "body": "@@ -61,17 +61,17 @@\n d the li\n-v\n+f\n es of so\n",
      "json_metadata": "{\"tags\":[\"silver\",\"investment\",\"finances\"],\"image\":[\"https://descentralizadinheiro.files.wordpress.com/2016/06/investing-in-silver1.jpg?w=361&h=340\",\"https://descentralizadinheiro.files.wordpress.com/2016/05/money-supply-fed.jpg?w=630\",\"https://descentralizadinheiro.files.wordpress.com/2016/06/ratio.jpg?w=630\",\"https://images.angelpub.com/2014/08/23250/silver-usage-pie-chart.png\"],\"app\":\"steemit/0.1\",\"format\":\"html\"}"
    }
  ]
}

{
  "trx_id": "b2afd9544262bf916e53ac57fd54db1f7364f30f",
  "block": 14256898,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-08-03T17:10:15",
  "op": [
    "vote",
    {
      "voter": "marceloarmani",
      "author": "marceloarmani",
      "permlink": "the-silver-case-a-once-in-a-lifetime-opportunity",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "98a462fdc0d82aa9ba7e10ee5c7e8e1fcd4800bd",
  "block": 14256499,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-08-03T16:50:18",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "silver",
      "author": "marceloarmani",
      "permlink": "the-silver-case-a-once-in-a-lifetime-opportunity",
      "title": "The silver case: A once-in-a-lifetime opportunity?",
      "body": "<html>\n<p>You may have heard of investments that have changed the lives of some people in a short span of time. Ideas that no one considered and that proved to be brilliant. Ignored financial assets that suddenly skyrocketed and created new millionaires. Well, how is this possible? How do some foresee what most only know when it becomes news and it’s too late to act?</p>\n<p>Although some cases can be explained by the sheer ingenuity of an inventor, or by an entrepreneur's unusual business tact, there are equally fortunate situations where you don’t have to be exceptional to thrive; situations where good information and thoughtful attention would be enough to transform common facts into exceptional opportunities.</p>\n<p><strong>This post is dedicated to the very special case of silver</strong>. I hope you will carefully consider the information gathered here. If they are correct, and if you walk the path between theory and action, they can have a surprising impact on your financial life for years to come.&nbsp;</p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<img src=\"https://descentralizadinheiro.files.wordpress.com/2016/06/investing-in-silver1.jpg?w=361&amp;h=340\" width=\"361\" height=\"340\"/></p>\n<h2><strong>Investing in silver</strong></h2>\n<p>Scenarios such as this, where it’s possible to see with such a level of clarity how severely undervalued a particular asset is, are rare in the investment world. There are many factors that come together to make the investment in silver a unique opportunity at this time. To understand the first of these factors, however, a historical perspective is fundamental. More specifically, monetary history.</p>\n<h2><strong>Monetary history</strong></h2>\n<p>No fiduciary currency has survived more than 50 years in the more than 5000 years in which humans have used coins.In his investment book in precious metals, \"Guide to Investing in Gold and Silver,\" Michel Maloney explains that there’s a pattern that has been repeated throughout history for at least 2,400 years. In which governments expand the money supply and consequently dilute the purchasing power of their currencies to the point where the population's psyche and the country's collective sense begin to feel that something is not going well. As the devaluation progresses, the population feels the currency’s loss of purchasing power. At that moment, a great shift happens. The free will of the public sets a new threshold for the price of gold and silver. In doing so, metals are valued in a way that compensates accounts for all the currency creation that has occurred since the last revaluation.</p>\n<blockquote>\"It's automatic, and it's natural; gold and silver have always done this, and will always do. People have an innate sense of the rarity of gold and silver. When paper money becomes too abundant, and thus loses value, people always turn to precious metals. As the masses rush back, the value (buying power) of gold and silver grows exponentially.” (Michel Maloney, 2008)</blockquote>\n<p>He completes:&nbsp;</p>\n<blockquote>“During these events there is always a huge transfer of wealth, and it is within your power of choice whether it will be transferred to you, or away from you. If you choose to have it transferred to you then you must first educate yourself, and secondly, act. It is a failure rate of 100%. No fiduciary currency ever survived, and now they are all fiduciary. So this change will be the most dramatic in world monetary history. It will be the greatest transfer of wealth in world history. So it is the greatest opportunity in history.”</blockquote>\n<p>To illustrate what is being said, note the figure below that shows the expansion of the monetary base by the Federal Reserve (Fed), the American central bank. Keep in mind that since the end of the Bretton Woods Agreement (1971), when the US dollar lost convertibility to gold, the world uses US currency as a value reserve, a kind of ballast for other currencies. Note the \"discreet\" inflationary response of the Federal Reserve to the 2008 crisis:</p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<img src=\"https://descentralizadinheiro.files.wordpress.com/2016/05/money-supply-fed.jpg?w=630\" width=\"630\" height=\"403\"/></p>\n<p>This Keynesian policy was followed by other major central banks, such as the European Central Bank (ECB) and the Bank of Japan (BOJ). It did not work. There is no recovery in the American economy, nor in the others that have adopted similar policies. To make matters worse, US government debt has more than doubled since the 2008 crisis - from $ 9 trillion to $ 19 trillion in 2016.</p>\n<p>This is the largest cycle of monetary expansion and indebtedness the world has ever seen. It is being promoted by central banks in collusion with their respective governments and aims to suppress interest rates in order to save governments and financial institutions that would otherwise have failed. On a global scale, it is a unique experiment in world history.</p>\n<p>Not by accident, some countries are already thinking of a post-dollar world, and their central banks are getting rid of the US currency at a record pace. China and Russia lead this movement, and the chosen alternative to the dollar is ... you guess: gold.</p>\n<blockquote>“Silver is the most important investment you will make in this decade; the most undervalued asset available to investors today.” (Gregory Mannarino, 2016)&nbsp;</blockquote>\n<p>The increase in interest depends on the perception of improvement in the indicators of the American economy. Each time the economic data comes in below expectations - and this is how they have behaved lately - the market is betting that the Fed will delay the promised increase in interest rates. Given that to increase interest rates contracts the money supply, the price of metals falls on the promise, but rises with the fact; That is, the non-increase. <strong>Imagine how much higher the climb will be when the market expectation is the opposite - lower or negative interest rates!</strong></p>\n<p>It is necessary to understand that the underlying factor, which potentiates the investment in gold and silver, is the conviction that the American economy is doomed and dependent of continuous money creation by the Fed. There was no solution to the problems of the 2008 crisis, only a radical monetary expansion. Thanks to this, many financial institutions and the American government itself have remained artificially solvent until now.</p>\n<p>Unfortunately for the ordinary citizen, when this low-interest spree and monetary inflation ends, it will be in the form of a severe economic crisis, much larger than the previous one. That is because, although the US government currently pays a negligible percentage of interest to finance itself, it would be insolvent in a scenario with historically normal interest rates. At some point, the US will have to choose between a formal default or an inflationary one that would destroy the purchasing power of the dollar and generate uncontrolled price inflation.</p>\n<p>Fortunately for the investor to protect himself in time, it is at that moment that economic agents desperately seek a safe haven: it is when gold and silver shine, just like 1980.</p>\n<blockquote><em>“We are entering a period of financial crisis that is the biggest that the world has ever known. The transfer of wealth that will take place during this decade is the greatest transfer of wealth in history. Wealth is never destroyed. It is merely transferred. And that means that on the opposite side of every crisis, there is an opportunity.” (Michael Maloney, 2008)</em></blockquote>\n<h2><strong>But why having more silver than gold?</strong></h2>\n<p>The explanation lies in the current ratio between gold and silver prices when compared with historical ratio. Historically, the ratio was about 16: 1, reflecting the average supply of each metal. Since the financial crisis, however, this relationship has been much higher. Today, it is above 76: 1. This indicates that silver is extremely devalued relative to gold. Look:&nbsp;</p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<img src=\"https://descentralizadinheiro.files.wordpress.com/2016/06/ratio.jpg?w=630\" width=\"630\" height=\"433\"/></p>\n<p>According to the historical relationship between the two precious metals, the silver price has more way to go than the gold price.&nbsp;</p>\n<p>It is a growing demand for a good that is increasingly used in our day to day life. As you can see in the chart below, we are dependent on silver:</p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<img src=\"https://images.angelpub.com/2014/08/23250/silver-usage-pie-chart.png\" width=\"534\" height=\"230\"/></p>\n<h2><strong>Conclusion</strong></h2>\n<blockquote><em>“The secret of investing in gold and silver is knowing when to own them and when to use them to buy stocks or other assets. To do this you need to understand where in the cycle you are and how future fundamentals can change it.”</em> (Peter Schiff, \"The Real Crash\", 2012)</blockquote>\n<p>Although you advocate for the return of the gold standard (as is my case), in fact, you don't need a special appreciation for the metals themselves to see this investment opportunity. As in any investment, the opportunity is made through cycles: success depends on knowing how to identify the time to buy and the time to sell, only. In the case of silver, the information summarized in this article indicates that we are at the beginning of a new bull market.</p>\n<p>If you stop to keep up with the economic news, your intuition will tell you that, structurally, there is something wrong with the world's economy. The current situation is a shadow valley: economic stagnation, record indebtedness, capital controls, inflationary policies, and - the last anomaly created by central banks - negative interest rates. An escape scenario for fiduciary coins is clearly on the horizon. In this context, in addition to financial protection, silver at the current price becomes an excellent investment opportunity.</p>\n<p>If you found this information useful, share this article with your friends; give them new elements for analysis, - elements that will hardly be offered on the formal market, until it's too late.</p>\n</html>",
      "json_metadata": "{\"tags\":[\"silver\",\"investment\",\"finances\"],\"image\":[\"https://descentralizadinheiro.files.wordpress.com/2016/06/investing-in-silver1.jpg?w=361&h=340\",\"https://descentralizadinheiro.files.wordpress.com/2016/05/money-supply-fed.jpg?w=630\",\"https://descentralizadinheiro.files.wordpress.com/2016/06/ratio.jpg?w=630\",\"https://images.angelpub.com/2014/08/23250/silver-usage-pie-chart.png\"],\"app\":\"steemit/0.1\",\"format\":\"html\"}"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 13077459,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 12,
  "timestamp": "2017-06-23T16:57:51",
  "op": [
    "author_reward",
    {
      "author": "marceloarmani",
      "permlink": "i-love-when-specialists-say-bitcoin-is-not-an-investment",
      "sbd_payout": "0.913 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "879.602246 VESTS"
    }
  ]
}

{
  "trx_id": "1723f01bdd238adeefd274d4939219dab8e7bd07",
  "block": 13077244,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-23T16:47:03",
  "op": [
    "vote",
    {
      "voter": "marceloarmani",
      "author": "marceloarmani",
      "permlink": "murray-rothbard-at-his-best",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "1723f01bdd238adeefd274d4939219dab8e7bd07",
  "block": 13077244,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-23T16:47:03",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "politics",
      "author": "marceloarmani",
      "permlink": "murray-rothbard-at-his-best",
      "title": "Murray Rothbard at his best",
      "body": "![Murray Rothbard.jpg](https://steemitimages.com/DQmZDFAcsm4MBaAo24PfBE4vhtTNzMn1HBz5GHRGVsA6Kbm/Murray%20Rothbard.jpg)\n\n\nIrrefutable anarchism.",
      "json_metadata": "{\"tags\":[\"politics\"],\"image\":[\"https://steemitimages.com/DQmZDFAcsm4MBaAo24PfBE4vhtTNzMn1HBz5GHRGVsA6Kbm/Murray%20Rothbard.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "ed915b09e947b5ed6a9befa5e19d80126ad57b3d",
  "block": 12878823,
  "trx_in_block": 13,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T19:07:42",
  "op": [
    "vote",
    {
      "voter": "marceloarmani",
      "author": "halfik",
      "permlink": "re-marceloarmani-re-halfik-re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t185420085z",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "10508b5ae50c81051054aaae9dc99f78eb58d872",
  "block": 12878821,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T19:07:36",
  "op": [
    "comment",
    {
      "parent_author": "halfik",
      "parent_permlink": "re-marceloarmani-re-halfik-re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t185420085z",
      "author": "marceloarmani",
      "permlink": "re-halfik-re-marceloarmani-re-halfik-re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t190736169z",
      "title": "",
      "body": "Agree!",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "4db93afca9cd531a37175331e7dca665dbb44236",
  "block": 12878554,
  "trx_in_block": 14,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T18:54:15",
  "op": [
    "comment",
    {
      "parent_author": "marceloarmani",
      "parent_permlink": "re-halfik-re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t184236931z",
      "author": "halfik",
      "permlink": "re-marceloarmani-re-halfik-re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t185420085z",
      "title": "",
      "body": "As long as people undersday what they are buying there are going to be fine. All this people who think they gona be rich overnight, well... they will lose money. Bitcoin is pretty much alive. We have problems to solve but we have them only becase so many people see potencial in this technology. And about price i think we gona see $10-30k per BTC in next 4 years if we mange to solve current scaling problems.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "44ddc6e6ff3217d12378c14ef6b1cb032191e736",
  "block": 12878499,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T18:51:30",
  "op": [
    "vote",
    {
      "voter": "halfik",
      "author": "marceloarmani",
      "permlink": "re-halfik-re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t184236931z",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "ca507a635555391579a0a8ef40880c056e0bfb61",
  "block": 12878327,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T18:42:54",
  "op": [
    "comment",
    {
      "parent_author": "halfik",
      "parent_permlink": "re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t182916237z",
      "author": "marceloarmani",
      "permlink": "re-halfik-re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t184236931z",
      "title": "",
      "body": "That's nervous part is not true if you are a long term holder. I've been through many \"bitcoin is dead\" moments, and I don't panic because I believe in a 5 or 6 digit Bitcoin price.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "eaf31bd4532f53db586ab207850a5ede6560432d",
  "block": 12878321,
  "trx_in_block": 22,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T18:42:36",
  "op": [
    "comment",
    {
      "parent_author": "halfik",
      "parent_permlink": "re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t182916237z",
      "author": "marceloarmani",
      "permlink": "re-halfik-re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t184236931z",
      "title": "",
      "body": "That's nervous part is not true if you are a holder. I've been through many \"bitcoin is dead\" moments,  and I don't panic because I believe a 5 or 6 digit Bitcoin price is possible.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "03d1455cfa567d4152ef843187fdd8507a05908e",
  "block": 12878053,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T18:29:12",
  "op": [
    "comment",
    {
      "parent_author": "marceloarmani",
      "parent_permlink": "i-love-when-specialists-say-bitcoin-is-not-an-investment",
      "author": "halfik",
      "permlink": "re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t182916237z",
      "title": "",
      "body": "You could look on it like an invetment but in my opinion it's not healty. I prefer to look at Bitcoin as my private bank, where i keep some of my savings in case of banking system collapse or my gov decide to take my money or other scenarios that can happend and there will be nothing i can do about. It's just reasonable to do so.  \n\nIf you think about Bitcoin as investment you will check the price all the time and get nervous every time price stop droping 10%+ If you treat it as a bank where you store % of you weath, you don't care if price drops 10% on a single day.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "96d33fdb60575ac517c4887d81211b3cc41ed817",
  "block": 12877721,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T18:12:36",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "marceloarmani",
      "permlink": "i-love-when-specialists-say-bitcoin-is-not-an-investment",
      "title": "I love when specialists say Bitcoin is not an investment",
      "body": "@@ -85,20 +85,19 @@\n  people \n-that\n+who\n  got ric\n@@ -583,20 +583,20 @@\n eep \n+that \n in mind\n- that\n .%0A%0Ah\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"economics\",\"finances\"],\"image\":[\"http://www.kitco.com/news/2017-06-14/images/RICKARDSPLAYBUTTON.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "25d1f2064163ac43d0a0c6a6a14bcff24c2e4d61",
  "block": 12876827,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T17:27:51",
  "op": [
    "vote",
    {
      "voter": "fyrstikken",
      "author": "marceloarmani",
      "permlink": "i-love-when-specialists-say-bitcoin-is-not-an-investment",
      "weight": 100
    }
  ]
}

{
  "trx_id": "145ab82a8704f9bc22de5f6e23916978ff0f4555",
  "block": 12876456,
  "trx_in_block": 18,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T17:09:18",
  "op": [
    "comment",
    {
      "parent_author": "marceloarmani",
      "parent_permlink": "i-love-when-specialists-say-bitcoin-is-not-an-investment",
      "author": "wekkel",
      "permlink": "re-marceloarmani-i-love-when-specialists-say-bitcoin-is-not-an-investment-20170616t170916939z",
      "title": "",
      "body": "School books will have to be rewritten for this.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "3eccbd69f4f3bf34a0fa3f414a1740f251d4e55b",
  "block": 12876450,
  "trx_in_block": 37,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T17:09:00",
  "op": [
    "vote",
    {
      "voter": "wekkel",
      "author": "marceloarmani",
      "permlink": "i-love-when-specialists-say-bitcoin-is-not-an-investment",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "80b10b9dc6a870cc36e83de45820bf5cdc2e51c8",
  "block": 12876227,
  "trx_in_block": 22,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T16:57:51",
  "op": [
    "vote",
    {
      "voter": "marceloarmani",
      "author": "marceloarmani",
      "permlink": "i-love-when-specialists-say-bitcoin-is-not-an-investment",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "80b10b9dc6a870cc36e83de45820bf5cdc2e51c8",
  "block": 12876227,
  "trx_in_block": 22,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-16T16:57:51",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "marceloarmani",
      "permlink": "i-love-when-specialists-say-bitcoin-is-not-an-investment",
      "title": "I love when specialists say Bitcoin is not an investment",
      "body": "They say it is not an investment because \"it has no yield\". \n\nReally?! \n\nI know many people that got rich without investing then.\n\n\nActually, investing is the same thing as speculating. So whatever you've sold more expensive than you've bought is an investment.\n\nStocks or currencies, doesn't matter; at the end of the day, it's all about speculating on a future higher price given by human interaction.\n\nDon't pay attention to specialists on mainstream media, they don't undertand Bitcoin.  They see it as an internet diversion. \n\nWhile what we are witnessing is a monetary shift. Keep in mind that.\n\nhttp://www.kitco.com/news/2017-06-14/images/RICKARDSPLAYBUTTON.jpg",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"economics\",\"finances\"],\"image\":[\"http://www.kitco.com/news/2017-06-14/images/RICKARDSPLAYBUTTON.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "5558ff6919d91492319ce22383e778dece48c5ef",
  "block": 12760392,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-12T16:21:15",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "marceloarmani",
      "vesting_shares": "12395.454716 VESTS"
    }
  ]
}

{
  "trx_id": "0e7f54c534f0b7f3bb072ba744503870d22f34b6",
  "block": 12651575,
  "trx_in_block": 12,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-06-08T21:37:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "marceloarmani",
      "vesting_shares": "0.000000 VESTS"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 12269377,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 10,
  "timestamp": "2017-05-26T14:51:21",
  "op": [
    "author_reward",
    {
      "author": "marceloarmani",
      "permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "sbd_payout": "0.088 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "147.166170 VESTS"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 12243943,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 3,
  "timestamp": "2017-05-25T17:37:33",
  "op": [
    "author_reward",
    {
      "author": "marceloarmani",
      "permlink": "remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys",
      "sbd_payout": "0.047 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "80.841570 VESTS"
    }
  ]
}

{
  "trx_id": "8b3a67f0aa1cce98f7b3b7d33a8673dfae8d4dc6",
  "block": 12213161,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-24T15:55:39",
  "op": [
    "transfer",
    {
      "from": "bottymcbotface",
      "to": "marceloarmani",
      "amount": "0.001 STEEM",
      "memo": "If you would like the value of Steem to soar, please vote for Steem to be added to BTCC.com https://twitter.com/bobbyclee/status/865851769116475392"
    }
  ]
}

{
  "trx_id": "8c018a2ac83da8cd3dcff05c95603e583e639858",
  "block": 12123905,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-21T13:25:39",
  "op": [
    "comment",
    {
      "parent_author": "marceloarmani",
      "parent_permlink": "re-lisalouise-re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170519t161846738z",
      "author": "lisalouise",
      "permlink": "re-marceloarmani-re-lisalouise-re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170521t132538720z",
      "title": "",
      "body": "Just wanted to follow up and say thank you for caring to help me.  I figured it out, YAY!  I ended up having to download \nhttp://www.steemimg.com\nSuddenly after I added an account (even though I can't figure out how to use this site) the URL, photo posting worked.\nNote: If you go to my page, you can see my \"transformation\" photos.  I'm a designer (professional decorator & event supplier)",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"links\":[\"http://www.steemimg.com\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "46b25d0c9ddb52b6eb2a6b3fc590f09fc2e65087",
  "block": 12095770,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-20T13:58:03",
  "op": [
    "vote",
    {
      "voter": "hilarski",
      "author": "marceloarmani",
      "permlink": "remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys",
      "weight": 4000
    }
  ]
}

{
  "trx_id": "25c08c4714397ca2de4659b68fba9d21dec0ba9e",
  "block": 12070389,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T16:47:39",
  "op": [
    "comment",
    {
      "parent_author": "marceloarmani",
      "parent_permlink": "re-lisalouise-re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170519t161846738z",
      "author": "lisalouise",
      "permlink": "re-marceloarmani-re-lisalouise-re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170519t164735879z",
      "title": "",
      "body": "I did that, but it stayed a URL.  Look at my blog and you'll see what I'm talking about.  The post that says \"Photo Rent-a-Woods\"  Thank you for responding!  I've only been on here a few days, still learning...",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "401650f7b0ddec3e26a4f240f55ed6b56aafccfb",
  "block": 12070363,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T16:46:21",
  "op": [
    "vote",
    {
      "voter": "lisalouise",
      "author": "marceloarmani",
      "permlink": "re-lisalouise-re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170519t161846738z",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "b1566bf39b5b3a45f88254303d28cf855b8d9d64",
  "block": 12070106,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T16:33:30",
  "op": [
    "vote",
    {
      "voter": "marceloarmani",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-marceloarmani-20170519t183118000z",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "2d6d369f7c3a320214922164edd2a7c62667acd6",
  "block": 12070067,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T16:31:33",
  "op": [
    "comment",
    {
      "parent_author": "marceloarmani",
      "parent_permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-marceloarmani-20170519t183118000z",
      "title": "",
      "body": "Congratulations @marceloarmani! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@marceloarmani) Award for the number of upvotes received\n\nClick on any badge to view your own Board of Honnor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/steemitboard/@arcange/steemitboard-com-introducing-the-first-steemit-game-experience)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\nIf you want to support the SteemitBoard project, your upvote for this notification is welcome!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notifications.png\"]}"
    }
  ]
}

{
  "trx_id": "27f1e679cc1d725363f36c5d88f8ada74ab404e7",
  "block": 12069881,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T16:22:15",
  "op": [
    "comment",
    {
      "parent_author": "marceloarmani",
      "parent_permlink": "remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys",
      "author": "zonedudes",
      "permlink": "re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170519t162214894z",
      "title": "",
      "body": "I have been buying bitcoin for about 2 years it fluctuates my goal was to own 10 bitcoin by the beginning of this year I have that now.  What i like about bitcoin is the big gains I got, and best of all the banks dont own my money. I can travel anywhere on earth and the customs weenies in any country dont know how much money I have. I also found that using a Trezor for protecting my bitcoin also works to back up your passwords. I am not an expert on bitcoin but I am happy I at least tried to get some. 10 bitcoin is better than none. One last thing the gains and profit are unknown to the IRS Nazis",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "23705b772229413d8900dfd8ac8de7f26c8d69d6",
  "block": 12069822,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T16:19:18",
  "op": [
    "vote",
    {
      "voter": "marceloarmani",
      "author": "lisalouise",
      "permlink": "re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170519t155809405z",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "7c175f1cc1a1d8bf296d692093b0c216e4dbfc7e",
  "block": 12069812,
  "trx_in_block": 12,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T16:18:48",
  "op": [
    "comment",
    {
      "parent_author": "lisalouise",
      "parent_permlink": "re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170519t155809405z",
      "author": "marceloarmani",
      "permlink": "re-lisalouise-re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170519t161846738z",
      "title": "",
      "body": "Lisa, I've just paste the url line of the image and then Steemit reproced the photo on the pubilcation. Do you know how to get the url of a image that's on the internet? Click with the right buton of your mouse and then chose to copy the url. Try that. Regards!",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "b6973e7d0cf5d85481e7c7236e00c4029d523428",
  "block": 12069399,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:58:09",
  "op": [
    "comment",
    {
      "parent_author": "marceloarmani",
      "parent_permlink": "remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys",
      "author": "lisalouise",
      "permlink": "re-marceloarmani-remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys-20170519t155809405z",
      "title": "",
      "body": "On a side note, I wish I could figure out how to add a photo (like you just did) to my blog.  I'm not a techy person, so it's a challenge.  I've followed the instructions, but there is something I'm not understanding here...ugh!",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "0d58c203e08c14f32bd95df843c0292ddc2c1573",
  "block": 12068653,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:20:51",
  "op": [
    "vote",
    {
      "voter": "bitcoinandcoffee",
      "author": "marceloarmani",
      "permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "aa5fa193dd3eda133880bfd43f5b9e5611bbbff9",
  "block": 12068638,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:20:06",
  "op": [
    "vote",
    {
      "voter": "dimimp",
      "author": "marceloarmani",
      "permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "weight": 100
    }
  ]
}

{
  "trx_id": "63753b103bbc1d42072d0c8ac9e12055b240a249",
  "block": 12068624,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:19:24",
  "op": [
    "vote",
    {
      "voter": "whalie",
      "author": "marceloarmani",
      "permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "weight": 1111
    }
  ]
}

{
  "trx_id": "4df25f8eec06be55466558877db34f23b4908a28",
  "block": 12068528,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:14:36",
  "op": [
    "vote",
    {
      "voter": "thecoolplayer",
      "author": "marceloarmani",
      "permlink": "remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "bd6a82fad0d1719d45c8b4377273d79eccb9750e",
  "block": 12068363,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:06:21",
  "op": [
    "vote",
    {
      "voter": "fyrstikken",
      "author": "marceloarmani",
      "permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "weight": 100
    }
  ]
}

{
  "trx_id": "3f2589cac71699ceeac002f6d3ece5d77ef76465",
  "block": 12068324,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:04:24",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "politics",
      "author": "marceloarmani",
      "permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "title": "The normal-minded, the left-minded and the citizen who is in the middle",
      "body": "@@ -1425,8 +1425,67 @@\n nning.**\n+%0A%0Ahttp://colegiomayorpioxii.es/images/2016/02/26/debate.jpg\n",
      "json_metadata": "{\"tags\":[\"politics\",\"debate\",\"left\",\"right\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\",\"image\":[\"http://colegiomayorpioxii.es/images/2016/02/26/debate.jpg\"]}"
    }
  ]
}

{
  "trx_id": "c4e9a479f45bfdbc29c8b8d047d070977754cbc0",
  "block": 12068320,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:04:12",
  "op": [
    "vote",
    {
      "voter": "mauricioarmani",
      "author": "marceloarmani",
      "permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "696bb665e5dd532815f6de2b033a6f8e690f59db",
  "block": 12068310,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:03:42",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "politics",
      "author": "marceloarmani",
      "permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "title": "The normal-minded, the left-minded and the citizen who is in the middle",
      "body": "@@ -663,18 +663,18 @@\n ddle**%0A%0A\n-It\n+He\n  tends t\n@@ -1046,24 +1046,21 @@\n logical \n-struggle\n+fight\n  and nev\n",
      "json_metadata": "{\"tags\":[\"politics\",\"debate\",\"left\",\"right\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "5094343715cac3d070dbf9188136825498a9787e",
  "block": 12068274,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T15:01:54",
  "op": [
    "vote",
    {
      "voter": "bikersteve",
      "author": "marceloarmani",
      "permlink": "the-normal-minded-the-left-minded-and-the-citizen-who-is-in-the-middle",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "6cadbabfd64ec70a6a3c99223a913f08b2bc8aef",
  "block": 12068191,
  "trx_in_block": 10,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-05-19T14:57:45",
  "op": [
    "comment",
    {
      "parent_author": "marketreport",
      "parent_permlink": "the-us-dollar-selloff-continues-by-gregory-mannarino",
      "author": "marceloarmani",
      "permlink": "re-marketreport-the-us-dollar-selloff-continues-by-gregory-mannarino-20170519t145746921z",
      "title": "",
      "body": "Remind this to anyone who wants to put money into cryptocurrencys https://steemit.com/bitcoin/@marceloarmani/remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"links\":[\"https://steemit.com/bitcoin/@marceloarmani/remind-this-to-anyone-who-wants-to-put-money-into-cryptocurrencys\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}