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 However, over the last few decades, the role of the parent in these decisions has been replaced by experts.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
They weren’t presidential or even a mid-term elections earlier this week, but there is still a lot we can learn from them. - Live 4PM ET with Host Paul Engel @CyberEngel @OutLoudNews
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There are plenty of things we hear in life we wish we could silence. However, if we truly believe in freedom of speech, the answer is almost always more speech, not less. - Live 4PM ET with Host Paul Engel @CyberEngel @OutLoudNews
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You’ve heard the saying, “Payback is a…”, Well you know what I mean. I’m guessing that one of the reasons why so many people fought so hard to defeat Trump in 2024 was the fear of payback for what was done to him in his first term in office. I guess you could say this is a case of Arctic Frost Bite! - Live 4PM ET with Host Paul Engel @CyberEngel @OutLoudNews
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