marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
surveillance
12/12/2024
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By Ramon Tomey
How the digital rupee could redefine India’s financial future
Outgoing Reserve Bank of India (RBI) Gov. Shaktikanta Das emphasized the pivotal role of India’s home-grown central bank digital currency (CBDC), the digital rupee, in shaping the country’s financial future. The RBI under Das’ leadership launched pilot projects for the digital rupee, including retail and wholesale applications, with 16 participating banks and features like offline […]
09/09/2024
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By Ethan Huff
CBDCs will allow police to collect, store personal data for surveillance state, IMF paper reveals
The International Monetary Fund (IMF) published a report recently that warns about the very serious privacy risks associated with central bank digital currencies (CBDCs). According to the paper, entitled “Central Bank Digital Currency Data Use and Privacy Protection,” any central bank can use its CBDC system to collect all sorts of private information about users. […]
08/21/2024
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By News Editors
Automakers once again in meltdown mode; poised for another government-funded bailout because they followed government mandates and produced cars nobody wanted
GM announces layoffs of 1,000 tech workers who wasted time and money designing expensive EVs and self-driving autonomous vehicles that average American consumer can’t afford and doesn’t want. (Article republished from LeoHohmann.Substack.com) General Motors is laying off more than 1,000 salaried tech employees in its software and services division in an effort to streamline the […]
08/02/2024
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By Cassie B.
NSA whistleblower Edward Snowden warns that Bitcoin transactions aren’t as anonymous as people think
NSA whistleblower Edward Snowden has warned the public that their Bitcoin transactions may not be as private as they’d like to think, potentially exposing sensitive information about their political affiliations and lifestyle to governments and other entities. In his keynote speech at the recent Bitcoin 2024 conference in Nashville, which he gave from his exile […]
06/18/2024
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By Belle Carter
Bank of Israel advances digital shekel plans; CBDC to be used to surveil, control monetary transactions of Israelis
In line with Israel’s push for a digital currency initiative to accelerate its central bank digital currency (CBDC) development, the Bank of Israel (BoI) is set to collaborate with various service providers to create a digital payment system – the digital shekel. Israel’s central bank outlined its plans in an announcement, revealing the launch of the […]
06/04/2024
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By Ethan Huff
AAAND IT’S GONE: Google Cloud “error” instantly erases $135 billion pension fund
The pitfalls of the everything digital economy is that one data-loss screwup can wreak serious havoc, especially when it involves a multi-billion-dollar pension fund. UniSuper, a $135 billion pension fund out of Australia with 647,000 members, almost lost everything thanks to Google after Google’s Cloud servers erased the fund’s entire client list. Fortunately for UniSuper, […]
05/28/2024
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By Belle Carter
House passes bill prohibiting Fed from issuing “surveillance tool” CBDC unless authorized by Congress
The U.S. House of Representatives voted on Thursday, May 23 to bar the Federal Reserve from issuing a central bank digital currency (CBDC) unless it has explicit authorization from Congress. Almost along partisan lines, the CBDC Anti-Surveillance State Act, or HR 5403, passed the chamber by a 216-192 vote with 213 Republicans voting in favor […]
04/29/2024
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By News Editors
Cowardice, not courage, led House Republicans to side with the Democrats
Over the weekend, the House of Representatives passed four foreign aid bills that will allocate a combined $95 billion to Ukraine, Israel, Taiwan, and other “national security priorities.” House Republicans followed Speaker Mike Johnson’s (R-LA) lead and joined with Democrats to deliver all the foreign aid President Joe Biden wanted without requiring much of anything in return. […]
03/15/2024
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By News Editors
In order to curtail the tyranny of central banks and espionage agencies, Americans must starve the state – central banks and domestic spies go hand in hand in our once-free republic
Central banks and espionage agencies are insidious threats to any free people. The former manipulate the value of money, and the latter manipulate the perceived truthfulness of information. Both ostensibly work for the broader public’s “best interest,” but as is true of all institutions, they ultimately serve the interests of those people who run them. Spies and bankers should not […]
02/23/2024
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By Ava Grace
Report: Abu Dhabi-based AI tech firm G42 cuts ties with China as it seeks greater presence in the U.S.
Tech firm G42 is shifting its focus from China to America and other Western markets following concerns raised by U.S. lawmakers about its association with the Chinese Communist Party (CCP). “All of our China investments that were previously made are already divested. Because of that, of course, we have no need anymore for any physical […]
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