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Showing posts with the label Cryptocurrency

The Quiet Rebranding of CBDCs as “Digital-ID”

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  The Quiet Rebranding of CBDCs as “Digital-ID” Let’s call them for what they are: Social Credit systems. We know that “CBDC” stands for  Central Bank Digital Currencies  – and we have long held our hypothesis on what those entail (the TL;DR is that they will either launch as, or morph into, China-style social credit systems). We’ve seen an Executive Order expressly ruling out CBDCs in the US, but as I keep warning readers: we’re seeing components we’d expect to see under a CBDC system appearing – only they  aren’t  originating at The Fed (who has never really expressed an interest in them, anyway). Now the US Treasury Department  is seeking comments on Digital ID  as it relates to DeFi: “The Department of the Treasury has filed a request for public comments to provide input on the use of “innovative or novel methods to detect and mitigate illicit finance risks involving digital assets” in accordance with the GENIUS Act, as well as in accordance with D...

“Sustainably” Surveilling and Tokenizing Nature: The Case of O.N.E. Amazon

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“Sustainably” Surveilling and Tokenizing Nature:  The Case of O.N.E. Amazon The architect of BlackRock’s ETFs has teamed up with a group of companies tied to US intelligence and US government debt trading to tokenize the Amazon rainforest and borgify it with a large-scale sensor network in order to create a new form of “digital gold.” by Mark Goodwin and by Whitney Webb A satellite surveillance company with links to U.S. intelligence, former Trump administration officials, U.S. government debt barons and the stablecoin Tether (USDT)  announced plans  earlier this year to build the “Internet for Forests” in the Amazon rainforest. The satellite company, called Satellogic, plans to join an initiative to rig up one of the world’s oldest and most important forests with sensors and “machine intelligence infrastructure” led by a group called O.N.E. Amazon. O.N.E. Amazon, in turn, seeks to turn the Amazon rainforest into a digital asset security to be chopped up, tokenized and so...