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Category: Big Tech
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Big Tech’s Freedom of Speech Purge Pushes People to Censorship-Resistant Blockchain Social Media
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US Representatives Add Digital Currencies to the 2021 Defense Bill
The United States government is preparing to pass the 2021 National Defense Authorization Act (NDAA) and the latest bill includes a broad definition of currencies and includes “digital currencies.” However, after more than 50 NDAA bills passed, President Donald Trump plans to veto the act which is expected to authorize more than $740.5 billion. U.S. […]
The post US Representatives Add Digital Currencies to the 2021 Defense Bill appeared first on Bitcoin News.
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Big Tech Execs and Bitcoin: Skype Cofounder Keeps Personal Wealth in Crypto, Intercom Chairman ‘Firmly Jumps on the Bitcoin Wagon’
This week two well known tech executives revealed they have been dabbling in bitcoin and other cryptocurrencies. In a recent interview, Skype cofounder Jaan Tallinn detailed that he held bitcoin and ethereum in his personal finances, while the Intercom cofounder Eoghan McCabe tweeted on Sunday that he’s “jumped firmly onto the bitcoin wagon.” In 2020 […]
The post Big Tech Execs and Bitcoin: Skype Cofounder Keeps Personal Wealth in Crypto, Intercom Chairman ‘Firmly Jumps on the Bitcoin Wagon’ appeared first on Bitcoin News.
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Bitcoin Cash-Fueled Onchain Social Media Platform Memo Launches iOS App
Two years ago, an onchain social network called memo.cash was launched and the application has developed quite a bit since then. On Tuesday, the Memo team revealed that the platform is now available for iOS phones via the App Store. Apple users can now connect to the social network that etches a user’s content to […]
The post Bitcoin Cash-Fueled Onchain Social Media Platform Memo Launches iOS App appeared first on Bitcoin News.
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What Breaking Up Big Tech Would Mean for the Economy
In the past few years, some tech companies has gone to huge proportions, most of them many people use every single day. The biggest tech companies are so huge, they make up, as of 2018, up to 68% of US GDP growth, and just the Facebook owned sites, such as Instagram and WhatsApp, made up 26% of all social media internet traffic and 16% of online messaging respectively and nearly all Americans conduct searches on Google-owned platforms, whether it be using Google’s search engine or even or YouTube. Though antitrust and anti-monopoly laws have existed in the US for
The post What Breaking Up Big Tech Would Mean for the Economy appeared first on The Merkle Hash.
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Paypal Exits Libra – Mastercard and Visa May Follow
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra representative Dante Disparte has indirectly criticized the move, noting the required “boldness and fortitude to […]
The post Paypal Exits Libra – Mastercard and Visa May Follow appeared first on Bitcoin News.
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How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion draft bill, the Keep Big Tech Out of Finance Act, hopes to […]
The post How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra appeared first on Bitcoin News.
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