Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left poorer. Economists warn this dynamic could harm societal stability, deepening inequality and threatening democracy […]
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In a world where state-backed currencies fund wars, inflate economies and deplete savings, digital alternatives like bitcoin offer a compelling ethical choice. By removing money from government control, bitcoin presents a route toward a freer and more just society. The Flaws of Fiat Currencies Government-issued fiat money, which lacks intrinsic value, is often manipulated through […]
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For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country.
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With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns.
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The United Nations says the focus is on artificial intelligence for 2024’s “Day of Democracy.”
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It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.
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A letter called for the Democratic National Committee to “include pro-digital asset language” in its platform and for Kamala Harris to consider a pro-crypto running mate.
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The Protect Progress political action committee has been behind media buys for candidates in many congressional races across the United States.
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According to the advocacy group, the US President still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation.
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Millions of dollars from political action committees may have contributed to challenger George Latimer’s defeat of incumbent Jamaal Bowman in a June 25 Democratic primary.
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