Current Affairs

Opinion: We are Wet’suwet’en and the Coastal GasLink pipeline protesters do not represent us

The following was authored by members of the Gidimt’en Clan and released by Wet’suwet’en First Nation council at their request.

We are members of the Gidimt’en Clan of the Wet’suwet’en Nation, together with extended family members from other Wet’suwet’en house groups and communities, both on- and off-reserve. Our clan territories include the area where the Coastal GasLink pipeline crosses the river we call Wedzin Kwa. We are deeply hurt and angered by the conduct and statements of some of our community members and others who claim to be defending our lands and laws against the pipeline.

Our concerns are not about the pipeline itself. Some of us support it, some of us do not and some are neutral. Our issue is that our traditions and way of life are being misrepresented and dishonoured by a small group of protesters, many of whom are neither Gidimt’en nor Wet’suwet’en, but nonetheless claim to be acting in our name to protest natural gas development. On Nov. 20 and 21, we convened a virtual meeting to discuss these issues and the recent RCMP raid that was carried out on our ancestral lands.

The first thing to understand is that the collective rights of the Wet’suwet’en people to use the land and resources within Wet’suwet’en territory have for hundreds of years been managed through a system of five family based clans led by a hierarchy of leaders who hold hereditary names that have existed since time immemorial. These names are connected to specific areas within our territorial lands, called “nowh yintah,” and have been handed down for generations in a complex governing system we call “Bahlats,” or “the feast hall.”

The names and the powers of those who hold them are conferred on the basis of merit and recognition and, in our Wet’suwet’en law, follow hereditary lines. Traditionally, leaders are groomed for many years by those holding higher rank in the feast hall before progressing to greater responsibilities. Proper conduct and “wiggus” (respect) are among the many valuable lessons passed on during the grooming…read more.

 

Hackers Steal $150M From Crypto Exchange Billed as ‘Most Trusted’

Cryptocurrency exchange BitMart got hacked and lost millions of dollars.

Hackers have hit yet another cryptocurrency exchange, stealing between $150 million and $200 million in cryptocurrency.

BitMart, which bills itself as “the most trusted crypto trading platform,” announced on Monday that it had suffered a “large-scale” security breach. The company said hackers stole assets worth around $150 million in Ethereum and other cryptocurrencies.

“We are now conducting a thorough security review and we will post updates as we progress. At this moment, we are temporarily suspending withdrawals until further notice. We beg for your kind understanding and patience in this situation,” the company wrote in the announcement.

In the last week alone, hackers have stolen almost $300 million in cryptocurrency in two separate hacks: the recent attack suffered by BitMart, and last week’s web-based scam targeting blockchain “bridge” protocol BadgerDAO. This has been a really, really, bad year for cryptocurrency platforms and security, with much activity occurring in the fast-moving world of decentralized finance, or DeFi. According to one tally, 16 different crypto projects and companies have been hacked, including the crypto lending service C.R.E.A.M., which got exploited via a complex “flash loan” and lost $130 million, and the popular platform Poly Network, which lost and then recovered $600 million in a bizarre public exchange with the hacker, which the company called “Mr. White Hat.”…read more.

Mike’s Comment – Dec 4th

Academia, climate science now medicine – when it comes to the battle between open inquiry/free speech vs censorship it’s time to chose sides before it’s too late. If it isn’t already.

Investing in SAAS Software – Webinar on Tuesday

Join CEO Omri Brill and Mike’s guest Martijn van den Bemd from Adcore (TSX: ADCO) as they share insights into the booming sector of Software-As-A-Subscription. Big Canadian names like Shopify and Hubspot, SalesForce.com and many other stellar market performers employ this model. Find out what you need to look for if considering adding SAAS companies to your portfolio, and learn more about Adcore’s multi-platform approach as well.
Webinar starts at 9:00am pacific on Tuesday, December 7th – or tune in any time after that works for your schedule.
CLICK HERE to register

  • Warren Buffett’s right-hand man Charlie Munger said markets are even crazier now than during the dotcom bubble.
  • “I wouldn’t want any one of them to marry into my family,” he said about people who invest in cryptocurrencies.
  • The Berkshire Hathaway exec said China is right to stamp down on bubbles and take a tough line on digital assets.

Warren Buffett’s deputy Charlie Munger has said markets are “even crazier” right now than they were during the dotcom bubble.

Munger blasted cryptocurrencies, and said those who invest in them are just thinking about themselves, according to the Australian Financial Review. He also labeled US millennials as “self-centered.”

The 97-year-old has been Buffett’s closest confidante for decades and is vice chairman of the sprawling Berkshire Hathaway conglomerate. He has a net worth of $2.2 billion, according to Forbes.

“The dotcom boom was crazier on the valuations even than we have now. But overall, I consider this era even crazier than the dotcom era,” he said in a Friday interview at the Sohn Hearts & Minds Investment Conference in Australia…read more.