Update on the Digital Dollar
The greatest threat to freedom and democracy in the US is not domestic terrorism from the radical right. Nor is it woke-ism coming from the radical left. In my mind, the biggest and most serious threat is the coming of the digital dollar.
I’ve written about it many times. And the story continues.
Last week, South Dakota Governor Krisi Noem vetoed a bill that redefined currency and created rules for a Central Bank Digital Currency (CBDC) that would block all other digital currencies from being used in the state. When asked why her legislators would have passed such a bill, Noem responded that the bill had been constructed by lobbyists, and they likely did not read it.
What’s especially ominous: This isn’t an isolated case. Similar bills have appeared in 20 states.
Read more here.
Zuckerberg’s Corporate Poetry
“Flatter is faster,” Mark Zuckerberg is claiming. That’s his way of putting a positive spin on Meta’s plan to cut 10,000+ jobs in the next month after cutting 11,000 jobs earlier this year.
What does this say about the future of Big Tech for the rest of 2023 and beyond? See what the editorial staff of The Hustlehas to say here.