What is a Central Bank Digital Currency (CBDC)? Would CBDCs be the great social and economic benefit some claim, or one giant leap to enslaving the people?
The main difference between digital currencies and what most people think of as currency ⏤ is physical existence. The current dollar is a physical currency. You can hold it in your hand, either as coins or bills, trade it with others, or store it for later use. A digital currency only exists in a digital form, meaning they’re only numbers on a ledger somewhere. They can only be traded via computer or other electronic devices, like a smartphone. Digital currencies should not be confused with payment apps like Venmo or PayPal or with credit or debit cards. All current payment options, whether digital or physical, are trading in “physical” dollars created by the Federal Reserve, though that’s a good place to get an understanding of how an American CBDC would work.
https://www.americaoutloud.com/should-the-usa-implement-a-cbdc-the-failure-of-the-republic-would-be-complete/
Who is in charge of your children? That has been a perennial question that has grown in importance over the last few years. When I was a child, it was understood that, with rare exceptions, parents were in charge of a child’s upbringing. This included medical, religious, and educational decisions. However, over the last few decades, the role of the parent in these decisions has been replaced by experts. What happens when the goal of the experts differs from those of the parents? Who decides the future of the rising generations? It was understood that the state acted in loco parentis, in place of the parents, only for the safety of the child. A recent case in U.S. District Court shows that be it health departments, child services, schools, or even the courts. Government not only believes they know better than the parents, they are more than willing to act in loco parentis tyrannis.
https://constitutionstudy.com/?p=8897
With the release of ChatGPT and other artificial intelligence (AI) applications, there has been a lot of speculation and downright assertions about our future. With over 30 years of experience in Information Technology (IT), not more than a passing understanding of AIs, I've come to the conclusion that much of what I've heard is more science fiction than fact. A recent court case decided in the D.C. District Court revolved around one very important question. Do AIs have rights?
In this third installment of the three-part series on the branches of government, we look at the role of the third and weakest branch. At least that is what our Founding Fathers thought of it. What is the role of the federal judiciary? What are the extent of their powers, how do they related to the other two branches of government, and why is a proper understanding of the role of the judiciary critical if the United States is to remain a constitutional republic?
https://constitutionstudy.com/?p=8575
We’ve all heard of the D.C. swamp, but did you know there’s a legal swamp as well? Call it the deep state, swamp, or just precedent, the entrenched bureaucracy of our so-called justice system is just as bad as the political swamp Trump ran against. - Live 4PM ET with Host Paul Engel @CyberEngel @OutLoudNews
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We all know we have to pay for government. We’re reminded every April 15th of that fact. Some of you may even remember Article I, Section 8, Clause 1 and Congress' authority to lay and collect taxes. But is anyone paying attention to the actual cost of government? And just who is responsible for making sure those costs are reasonable? - Live 4PM ET with Host Paul Engel @CyberEngel @OutLoudNews
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As the end of the current Supreme Court term approaches, we’ve seen a few important decisions published. Expect more during the month of June. Add to that the latest antisemitic attack in D.C., and it seems obvious that we are living in interesting times. - Live 4PM ET with Host Paul Engel @CyberEngel @OutLoudNews
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