Monthly Archives for December 2021

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What Is The Best Way To Work Your Abs

Weight Loss - Josephine - December 18, 2021

There’s a bit of a debate going on online about ab exercises and which ones are the best (and worst) to use to tone and define the abdominal muscles.

The debate basically stems from the question of how the abs should be treated. Are they actually one muscle group? Or are they several muscle groups that should be worked on individually? Well, here are my thoughts for whatever they are worth.

I’ve applied exercises to the abs coming from both directions…i.e. treating the abs as one muscle group and “just” doing one major exercise for them (with variations like twists added) and as several separate muscle groups and hitting them from different directions. And the results from this (totally subjective and unscientific) experiment were interesting.

My favorite ab exercise has always been the incline crunch. That is, using a slant board and crunching several inches up and then back for as many reps/sets as I can do in one session. After the body adapted to the point where I could do 12 reps and 3 sets, I added weight, holding a 10-pound dumbbell to my chest, then as time went on adding more weight.

My theory for this exercise is simply that since I am on an incline, my entire group of ab muscles is involved in the movement, starting with the lower abs as I begin my crunch and working the mid and upper abs as I continue through the entire movement. And using heavier and heavier weight, to failure, encourages muscle growth rather than simple toning. To tone, I would have simply increased my number of reps per set rather than add weight. Btw, I don’t like sit-ups and I discourage anyone from doing them, simply because the lower back and hip flexors get involved in the exercise and there’s a real chance of injury from that exercise.

I also went at the abs from the other direction. That is, I would do regular crunches and also add hip thrusts and/or leg lifts to work the lower abs separately. I also did “the bicycle” routine for a while, which has been recognized by researchers at the American Council on Exercise as “the best” ab exercise out there. And I have to agree that it is an excellent workout for the abs. However, you can only add weight to “the bicycle” if you use wrist and/or ankle weights, which is an added expense and a waste of money, IMO.

So, which is the best way to work on the abs? Well, try them all and ​​read the best weight loss shakes reviews! And then go with the one(s) that you enjoy and feel will do the best job on your abs. Personally, I will stick to my incline crunches. I’m getting great depth/definition from this workout, I can freely add weight as I go and my risk of injury is minimal. But of course, your mileage may vary!

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Bitcoins Role In The Shadowy Realm Of Underworld

Bitcoin, Cryptocurrency - Josephine - December 16, 2021

PARIS (InsideBitcoins) — As cryptocurrencies grow in popularity, governments from various nations are opening their eyes to the unregulated and potentially volatile nature of digital money. Despite efforts to regulate and create a stable legal framework for Bitcoin, the cryptocurrency could attract a fresh wave of controversy that can ideally be broken down in to two very simple words: Liberty Reserve.

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Accused of founding and running a company involved in one of the biggest money laundering cases brought by the United States, Arthur Budovsky (the founder of Liberty Reserve) pleaded not guilty to multiple indictments including money laundering, in a district court in Manhattan on Tuesday.

While money laundering is nothing new, many countries still question how to approach Bitcoin and other cryptocurrencies, mainly for tax reasons. But what makes the Liberty Reserve case so important in terms of digital currencies is the sheer size of the operations allegedly conducted by Budvosky and his associates — something that could quite possibly steer the current public opinion of Bitcoin in the wrong direction. Surprisingly enough though, Liberty Reserve was not the first time Budovsky found himself on the wrong side of the law.

Not your average golden boy

GoldAge Inc., a digital currency exchanger, was launched in 1999 by Parker Bradley and was used to buy and sell various digital gold currencies that were popular at the time (commonly referred to as E-gold). The company was later sold in 2006 to Arthur Budovsky and his partner Vladimir Kats.

Although Budovsky claimed that the company he now owned was “a legitimate business practice” not requiring a state license, the New York County district attorney claimed that various rules and regulations had been violated. In accordance with New York State Banking Law (section 641 of article 13-B), “No person shall engage in the business of selling or issuing checks, or engage in the business of receiving money for transmission or transmitting the same, without a license.” In light of this, Budovsky and Kats were found guilty and sentenced to five years in prison. Shortly afterwards, that sentence was reduced to five years probation.

But from the ashes of GoldAge, shut down by the authorities, rose a new idea that Budovsky thought up after fleeing the U.S. to settle down in Costa Rica: Liberty Reserve.

The birth of the “underworld bank”

Incorporated in 2006, Liberty Reserve claimedthat it was the “oldest, safest and most popular payment processor … serving millions all around a world.” The company, a centralized digital-currency service, was based in Costa Rica, mainly due to the fact that all online businesses were legal and unregulated in the country. After moving there and marrying a Costa Rican, Arthur Budovsky renounced his American citizenship to become a citizen of Costa Rica.

In May 2013, Budovsky was arrested and the website was shut down. Liberty Reserve facilitated the transfer of funds, and allowed users to convert U.S. dollars and euros to bitcoin anonymously and without imposing limits on the amounts converted. Indeed, the only information required to set up an account was a birth date, name and valid e-mail address – nothing more.

According to Budovsky, Liberty Reserve was merely a secure platform enabling online financial transactions, something that state prosecutors protested. When the charges against Budovsky were announced, Preet Bharara – a U.S. Attorney – stated that Liberty Reserve had become “the bank of choice for the criminal underworld.”

During Liberty Reserve’s time in operation, it is believed that over $6 billion worth of illicit activities took place, between over 1 million users, representing over 55 million transactions. These transactions are said to have aided cyber criminals, drug traffickers, child pornographers and fraudsters in general, launder their proceeds.

Budovsky’s trial to be held in September 2015

But what does this all mean for Arthur Budovsky and his business partners? Azzeddine El Amine, a manager of Liberty Reserve, pleaded guilty to conspiracy and operating an illegal money remitting business, and faces a maximum of 30 years in prison. Two other managers also pleaded guilty and face up to five years imprisonment. Vladimir Kats however could be facing up to 75 years after pleading guilty to money laundering and other charges.

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