CBDC Failed: Congress Is Banning CBDC With Massive Support

Lena Petrova, CPA – Finance, Economics & Tax

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Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC

Will Citizens’ Distrust of Government Surveillance Stop CBDCs?

But the eNaira launch came nine months after the CBN effectively banned cryptocurrencies, which were used to fund anti-police brutality protests that swept the country in late 2020. The CBN claimed crypto jeopardized the financial system and could be used to fund terrorism and froze protestors’ bank accounts.

What State Action Doctrine? Biden Administration Renews Push For Deal With TikTok, Where US Government Would Oversee Content Moderation On TikTok

What State Action Doctrine? Biden Administration Renews Push For Deal With TikTok, Where US Government Would Oversee Content Moderation On TikTok

For all the (mostly misleading) talk of the US government having too much say in content moderation decisions, this move would literally put US government officials effectively in control of content moderation decisions for TikTok. Apparently the thinking is “welp, it’s better than the Chinese government.” But… that doesn’t mean it’s good. Or constitutional.

Honestly, what this reads as is the moral panic over China and TikTok so eating the brains of US officials that rather than saying “hey, we should have privacy laws that block this,” they thought instead “hey, that would be cool if we could just do all the things we accuse China of doing, but where we pull the strings.”

So, look, if we’re going to talk about US government influence over content moderation choices, why aren’t we talking much more about this?

Related:

TikTok and U.S. rekindle negotiations, boosting app’s hopes for survival

CFIUS monitoring agencies, including the departments of Justice, Treasury and Defense, would have the right to access TikTok facilities at any time and overrule its policies or contracting decisions. CFIUS would also set the rules for all new company hires, including that they must be U.S. citizens, must consent to additional background checks and could be denied the job at any time.

A Draft Of TikTok’s Plan To Avoid A Ban Gives The U.S. Government Unprecedented Oversight Power

U.S. Government Seeks Extensive Oversight over TikTok

[07-2023] Zelensky showing ‘authoritarian traits’, says Swiss intelligence report

Ukraine is at a “critical point” in its democratic evolution as it heads towards presidential elections in 2024, says a confidential assessment by the Federal Intelligence Service.

Zelensky showing ‘authoritarian traits’, says Swiss intelligence report (archived)

H/T: Emil Cosman / Rand Paul

Related:

[2021] Ukraine’s Accelerating Slide into Authoritarianism

The Maidan Revolution alumni now seem to be trying to devour even some of their own members. In mid‐May, Kiev mayor Vitali Klitschko charged agents of the SBU, Ukraine’s state security agency, had come to his apartment in what he denounced as a continuing attempt by his political rival, Zelensky, to put pressure on him. Earlier in May, the SBU, the state prosecutor’s office, and police carried out large‐scale searches of various units of the Kiev city government, accusing the local authorities of misappropriation of budget funds and tax evasion, among other offenses. Although Klitschko was one of the original leaders of the Maidan demonstrations, Zelensky apparently now regards him as an annoying rival, since the Kiev mayor was a close ally of former president Poroshenko.

[2021] KIIS poll: Every fifth Ukrainian ready to vote for Zelensky in presidential elections

If presidential elections were held soon, incumbent head of state Volodymyr Zelensky would receive about 21.8% of the vote, according to the results of a sociological survey “Social and Political Sentiments of Ukraine” conducted by Kyiv International Institute of Sociology (KIIS).

Sen. Rand Paul: Ukraine Has Canceled Their Elections, So No We’re Not Defending Democracy

Sen. Rand Paul: Ukraine Has Canceled Their Elections, So No We’re Not Defending Democracy

I don’t think good idea for our country to borrowing. We’ve given them, I think over $113 billion, they’re asking for another $24 billion. But if you read between lines, they’ll tell you it will last about two to three months and then they’ll be back again. Every two to three months they’re over here, you know, he’ll be here again today begging for more money.

Hype on iPhone ‘ban’ shows US has a guilty conscience

The biggest destroyer of the global economic and trade order is being paranoid. This is perhaps the most incisive and vivid explanation of why the US government and media outlets have seen a rumored ban on iPhones as China’s retaliation against the US.

Hype on iPhone ‘ban’ shows US has a guilty conscience

Related:

US spokesman behind on the news pours gas on seemingly settled China iPhone ban

In what appears to be a statement generated before news of the Chinese government refuting ban rumors, the White House chimed in on the matter, as reported by Bloomberg. The National Security Council shared that it is watching the issue with concern.

The Protecting Kids On Social Media Act Is A Terrible Alternative To KOSA

We have covered the Protecting Kids On Social Media Act a few times, when it was first introduced back in April, where we highlighted how it was both unconstitutional and the rationale behind it was not supported by any actual evidence, and then again just recently when Senator Chris Murphy (one of the bill’s co-sponsors) wrote a ridiculously confused op-ed for the NY Times, claiming it was necessary because kids these days get too many music recommendations and no longer could discover new music on their own.

The Protecting Kids On Social Media Act Is A Terrible Alternative To KOSA

Related:

Stop the Protecting Kids on Social Media Act