General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWanna-be oligarchs. Silicon Valley and Crypto bros are major players in this election.
Under the average voter radar is extreme influence peddling, lobbying of of the Silicon Valley and Crypto bros, one of which is Rep. Jim Himes, who told Biden to step down.
Citizens need to keep an eye on this!
They are part of the big money donors trying to turn Dems away from Biden in order to get Crypto deregulated. If they succeed, the consequences are completely unpredictable. They stand to take over banking, and replace the dollar as an international currency. Could also usher in collapse of currencies, and a wave of untraceable financial crime.
With their extreme wealth, they seek oligarchical powers, as much as the christian nationalists do.
THE DYSTOPIANS
The Tech Baron Seeking to Purge San Francisco of Blues
If Balaji Srinivasan is any guide, then the Silicon Valley plutocrats are definitely not OK.
https://newrepublic.com/article/180487/balaji-srinivasan-network-state-plutocrat
Congressman Jim Himes (CT-04) today released a proposal for the issuance of a Central Bank Digital Currency (CBDC) by the Federal Reserve.
https://himes.house.gov/2022/6/himes-proposes-central-bank-digital-currency
Crypto Needs 'More Enforcement': Former White House Official Carole House on CoinDesk TV https://www.coindesk.com/video/rep-jim-himes-reacts-to-ftx-fallout/ via @coindesk
DBoon
(22,976 posts)from the New Republic article:
What Im really calling for is something like tech Zionism, he said, after comparing his movement to those started by the biblical Abraham, Jesus Christ, Joseph Smith (founder of Mormonism), Theodor Herzl (spiritual father of the state of Israel), and Lee Kuan Yew (former authoritarian ruler of Singapore). Balaji then revealed his shocking ideas for a tech-governed city where citizens loyal to tech companies would form a new political tribe clad in gray t-shirts. And if you see another Gray on the street you do the nod, he said, during a four-hour talk on the Moment of Zen podcast. Youre a fellow Gray.
The Grays shirts would feature Bitcoin or Elon or other kinds of logos Y Combinator is a good one for the city of San Francisco in particular. Grays would also receive special ID cards providing access to exclusive, Gray-controlled sectors of the city. In addition, the Grays would make an alliance with the police department, funding weekly policemans banquets to win them over.
Grays should embrace the police, okay? All-in on the police, said Srinivasan. What does that mean? Thats, as I said, banquets. That means every policemans son, daughter, wife, cousin, you know, sibling, whatever, should get a job at a tech company in security.
They make Steve Bannon look sane and reasonable.
Marcus IM
(3,001 posts)Before I go on a rant about it.
jmbar2
(5,970 posts)The benefits are potentially great for some, but the liabilities will be borne by ordinary people. We need to understand those potential liabilities better.
Marcus IM
(3,001 posts)The impact of the concentration of the displaced value of other people's labor is almost always borne by the laboring poor.
Capitalism.