Tech Billionaires’ Fantasy Cities Are Environmentally Catastrophic Tax Havens

Earlier this week, Marc Lore, the 50-year-old billionaire who most recently worked as a high-level executive at Walmart and also founded Diapers.com, granted USA Today an interview about the $400 billion, five million–person city he’s planning to build in the American West. The story was remarkably straight-faced, full of all the self-aggrandizing details you tend to get when a tech entrepreneur decides it’s his destiny to wrestle society under control.

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Why Governments Hate Cryptocurrency

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Recently the Chinese government declared cryptocurrency illegal. In Washington, policymakers have questioned its legality and legitimacy.  Sen. Elizabeth Warren went so far as to call cryptocurrencies “a fourth-rate alternative to real currency.” As of this writing, the president is purportedly working on an executive order to crack down on crypto.
But why? To answer, it’s best to begin with a question. How many dollars do you have? Before you go digging through your pockets, let me save you the trouble. 
The answer is zero.  You have no dollars.

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Why Governments Hate Cryptocurrency

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Story Stream

recent articles

Recently the Chinese government declared cryptocurrency illegal. In Washington, policymakers have questioned its legality and legitimacy.  Sen. Elizabeth Warren went so far as to call cryptocurrencies “a fourth-rate alternative to real currency.” As of this writing, the president is purportedly working on an executive order to crack down on crypto.
But why? To answer, it’s best to begin with a question. How many dollars do you have? Before you go digging through your pockets, let me save you the trouble. 
The answer is zero.  You have no dollars.

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Resistance Dems Are Incinerating Their Money Again in an Attempt to Take Down Marjorie Taylor Greene

The rise of “small-dollar” campaign donations, harvested digitally via email and social media, has changed United States politics. Ideologically ambitious or otherwise risky-seeming candidates who might not have been viable in earlier eras have been able to run successful races by appealing directly to voters for financial support.

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Resistance Dems Are Incinerating Their Money Again in an Attempt to Take Down Marjorie Taylor Greene

The rise of “small-dollar” campaign donations, harvested digitally via email and social media, has changed United States politics. Ideologically ambitious or otherwise risky-seeming candidates who might not have been viable in earlier eras have been able to run successful races by appealing directly to voters for financial support.

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Federal Regulators Greenlight Trading of Bitcoin-Linked Securities, Delighting Investors and Infuriating Cryptocurrency Critics

Federal regulators are allowing new bitcoin-tied securities onto the market, marking a major milestone for the cryptocurrency industry. On Tuesday, the ProShares Bitcoin Strategy Exchange-Traded Fund (ETF) started trading on the New York Stock Exchange.
The launch of this new fund—which will allow investors to purchase a package of bitcoin futures contracts—saw the price of the cryptocurrency rise 4 percent to a near all-time high of $64,000. Cryptocurrency news site Decrypt reports that five other Bitcoin ETFs have applications pending with the SEC.

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What Happened When a Ransomware Attack Hits a Tiny Kansas County

This article originally appeared in the Record by Recorded Future.
Westmoreland, Kansas, is the seat of Pottawatomie County and home to about 750 of its 25,000 residents. The town was a stop on the Oregon Trail and is littered with references to that network of covered wagons that carried hundreds of thousands of people across the American west in the mid-1800s.

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What Happened When a Ransomware Attack Hits a Tiny Kansas County

This article originally appeared in the Record by Recorded Future.
Westmoreland, Kansas, is the seat of Pottawatomie County and home to about 750 of its 25,000 residents. The town was a stop on the Oregon Trail and is littered with references to that network of covered wagons that carried hundreds of thousands of people across the American west in the mid-1800s.

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There’s a Potential Grenade at the Center of the Crypto Economy

Many things that are terrible for you in high doses are pretty fun in low ones. For example, I enjoy some light gambling, or used to before the responsibilities of adulthood robbed me of the luxury. Two good things about gambling: It’s social—at least if you do it in person—and you can drink alcohol while doing it. Sometimes you win, sometimes you don’t, but you get time with fellow humans, an adrenaline rush, and a story to tell later. As long as you’re doing it with money you can afford to lose and you know the risks involved, it’s usually fine.

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Cryptocurrency Is Bunk

Cryptocurrency is often dismissed by economists and investors alike as a purely speculative asset — for good reason. With daily price swings as high as 16 percent on the upside and more than 18 percent on the downside, Bitcoin, the most established cryptocurrency, is one of the most volatile assets on the market.
And yet it’s hailed by some as the ultimate store of value and an alternative investment strategy to gold, while others go as far as to claim it’s the solution to a broken financial system.

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