West: Bergdahl, Manning, Vindmanthe Progressive Left’s Heroes – MRCTV

How interesting that the left is all up in arms over LTC Vindman, yet they could not celebrate a 100-year-old Tuskegee Airman who flew combat missions in World War II, Korea, and Vietnam.

The left celebrates a deserter like Bowe Bergdahl yet criticizes the release of Army 1LT Clint Lorance who was imprisoned for six years because he killed the enemy in Afghanistan.

The left embraces Bradley Manning yet becomes unglued over the pardon of a US Army Special Forces Major who kills a Taliban bomb maker.

The left disparages, demeans, and denigrates an Army LTC who took an action to save the lives of his men in combatbut they adore a President who abandoned Americans to die during an Islamic terrorist attack, and lied about it.

The progressive socialist left labels anyone a hero who advances their ideological agenda, causewhile dismissing those who actually are.

For more from Allen West, check out CNSNews.com.

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West: Bergdahl, Manning, Vindmanthe Progressive Left's Heroes - MRCTV

Can the world’s second superpower rise from the ashes of 20 years of war? – Salon

February 15 marks the day, 17 years ago, when global demonstrations against the pending Iraq invasion were so massive that theNew York Timescalled world public opinion "the second superpower." But the U.S. ignored it and invaded Iraq anyway. So what has become of the momentous hopes of that day?

The U.S. military has not won a war since 1945, unless you count recovering the tiny colonial outposts of Grenada, Panama and Kuwait, but there is one threat it has consistently outmaneuvered without firing more than a few deadlyrifle shotsand some tear gas. Ironically, this existential threat is the very one that could peacefully cut it down to size and take away its most dangerous and expensive weapons: its own peace-loving citizens.

During the Vietnam War, young Americans facing a life-and-death draft lottery built a powerfulanti-war movement. President Nixon proposed ending the draft as a way to undermine the peace movement, since he believed that young people would stop protesting the war once they were no longer obligated to fight. In 1973, the draft was ended, leavinga volunteer army that insulated the vast majority of Americans from the deadly impact of America's wars.

Despite the lack of a draft, a new anti-war movement this time with global reach sprung up in the period between the crimes of 9/11 and the illegal U.S. invasion of Iraq in March 2003. The February 15, 2003, protests were thelargest demonstrationsin human history, uniting people around the world in opposition to the unthinkable prospect that the U.S. would actually launch its threatened "shock and awe" assault on Iraq.Some 30 million people in 800 cities took part on every continent, including Antarctica.This massive repudiation of war, memorialized in the documentary "We Are Many," ledNew York Timesjournalist Patrick E. Tyler tocommentthat there were nowtwo superpowers on the planet: the United States and world public opinion.

The U.S. war machine demonstrated total disdain for its upstart rival, and unleashed an illegal war based on lies that has now raged on through many phases of violence and chaos for 17 years. With no end in sight to U.S. and allied wars in Afghanistan, Iraq, Somalia, Libya, Syria, Palestine, Yemen andWest Africa, and Trump's escalating diplomatic andeconomic warfareagainst Iran, Venezuela and North Korea threatening to explode into new wars, where is the second superpower now, when we need it more than ever?

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Since the U.S. assassination of Iran's General Soleimani in Iraq on January 2, the peace movement has reemerged onto the streets, including people who marched in February 2003 and new activists too young to remember a time when the U.S. was not at war. There have been three separate days of protest, one on January 4, another on January 9 and a global day of action on January 25. The rallies took place in hundreds of cities, but they did not attract nearly the numbers who came out to protest the pending war with Iraq in 2003, or even those of the smaller rallies and vigils that continued as the Iraq war spiraled out of control until at least 2007.

Our failure to stop the U.S. war on Iraq in 2003 was deeply discouraging. But the number of people active in the U.S. anti-war movement shrank even more after the 2008 election of Barack Obama. Many people did not want to protest the nation's first black president, and many, including the Nobel Peace Prize Committee, really believed he would be a "peace president."

While Obama reluctantly honoredBush's agreementwith the Iraqi government to withdraw U.S. troops from Iraq and he signed the Iran nuclear deal, he was far from a peace president. He oversaw anew doctrineof covert and proxy war that substantially reduced U.S. military casualties, but unleashed an escalation of the war in Afghanistan, a campaign against ISIS in Iraq and Syria thatdestroyed entire cities, atenfold increasein CIA drone strikes on Pakistan, Yemen and Somalia, and bloody proxy wars in Libya and Syria thatrage on today.In the end,Obamaspent more on the military and dropped more bombs on more countries than Bush did. He also refused to hold Bush and his cronies responsible for their war crimes.

Obama's wars were no more successful than Bush's in restoring peace or stability to any of those countries or improving the lives of their people. But Obama's "disguised, quiet, media-free approach" to war made the U.S. state of endless war much more politically sustainable. By reducing U.S. casualties and waging war with less fanfare, he moved America's wars farther into the shadows and gave the American public an illusion of peace in the midst of endless war, effectively disarming and dividing the peace movement.

Obama's secretive war policy was backed up by a vicious campaign against any brave whistleblowers who tried to drag it out into the light. Jeffrey Sterling, Thomas Drake, Chelsea Manning, John Kiriakou, Edward Snowden and now Julian Assange have been prosecuted and jailed under unprecedented new interpretations of the WWI-era Espionage Act.

With Donald Trump in the White House, we hear Republicans making the same excuses for Trump who ran on an anti-war platform that Democrats made for Obama. First, his supporters accept lip service about wanting to end wars and bring troops home as revealing what the president really wants to do, even as he keeps escalating the wars. Second, they ask us to be patient because, despite all the real-world evidence, they are convinced he is working hard behind the scenes for peace. Third, in a final cop-out that undermines their other two arguments, they throw up their hands and say that he is "only" the president, and the Pentagon or "deep state" is too powerful for even him to tame.

Obama and Trump supporters alike have used this shaky tripod of political unaccountability to give the man behind the desk where the buck used to stop an entire deck of "get out of jail free" cards for endless war andwar crimes.

Obama and Trump's "disguised, quiet, media-free approach" to war has inoculated America's wars and militarism against the virus of democracy, but new social movements have grown up to tackle problems closer to home. The financial crisis led to the rise of the Occupy Movement, and now the climate crisis and America's entrenched race and immigration problems have all provoked new grassroots movements. Peace advocates have been encouraging these movements to join the call for major Pentagon cuts, insisting that the hundreds of billions saved could help fund everything from Medicare for All to the Green New Deal to free college tuition.

A few sectors of the peace movement have been showing how to use creative tactics and build diverse movements. The movement for Palestinians' human and civil rights includes students, Muslim and Jewish groups, as well as black and indigenous groups fighting similar struggles here at home. Also inspirational are campaigns for peace on the Korean peninsula led by Korean Americans, such asWomen Cross the DMZ, which has brought together women from North Korea, South Korea and the United States to show the Trump administration what real diplomacy looks like.

There have also been successful popular efforts pushing a reluctant Congress to take anti-war positions.For decades, Congress has been only too happy to leave war-making to the president, abrogating its constitutional role as the only power authorized to declare war. Thanks to public pressure, there has been a remarkable shift.

In 2019, both houses of Congressvotedto end U.S. support for the Saudi-led war in Yemen and to ban arms sales to Saudi Arabia for the war in Yemen, although President Trumpvetoedboth bills. Now Congresshas passed bipartisanbills to explicitly prohibit an unauthorized war on Iran. These bills prove that public pressure can move Congress, including a Republican-dominated Senate, to reclaim its constitutional powers over war and peace from the executive branch.

Another bright light in Congress is the pioneering work of first-term Congresswoman Ilhan Omar, who recently laid out a series of bills calledPathway to PEACEthat challenge our militaristic foreign policy. While her bills will be hard to get passed in Congress, they lay out a marker for where we should be headed. Omar's office, unlike many others in Congress, actually works directly with grassroots organizations that can push this vision forward.

The presidential election offers an opportunity to push the anti-war agenda. The most effective and committed anti-war champion in the race is Bernie Sanders. The popularity of his call for getting the U.S. out of its imperial interventions and hisvotesagainst 84 percent of military spending bills since 2013 are reflected not only in his poll numbers but also in the way other Democratic candidates are rushing to take similar positions. All now say the U.S. should rejoin the Iran nuclear deal; all have criticized the "bloated" Pentagon budget, despite regularlyvoting for it; and most have promised to bring U.S. troops home from the greater Middle East.

So, as we look to the future in this election year, what are our chances of reviving the world's second superpower and ending America's wars?

Absent a major new war, we are unlikely to see big demonstrations in the streets. But two decades of endless war have created a strong anti-war sentiment among the public. A 2019Pew Research Centerpoll found that 62 percent of Americans said the war in Iraq was not worth fighting and 59 percent said the same for the war in Afghanistan.

On Iran, a September 2019 University of Maryland pollshowedthat a mere one-fifth of Americans said the U.S. "should be prepared to go to war" to achieve its goals in Iran, while three-quarters said that U.S. goals do not warrant military intervention. Along with the Pentagon's assessment of how disastrous a war with Iran would be, this public sentiment fueled global protests and condemnation that have temporarily forced Trump to dial down his military escalation and threats against Iran.

So, while our government's war propaganda has convinced many Americans that we are powerless to stop its catastrophic wars, it has failed to convince most Americans that we are wrong to want to. As on other issues, activism has two main hurdles to overcome: first to convince people that something is wrong; and second to show them that, by working together to build a popular movement, we can do something about it.

The peace movement's small victories demonstrate that we have more power to challenge U.S. militarism than most Americans realize. As more peace-loving people in the U.S. and across the world discover the power they really have, the second superpower we glimpsed briefly on February 15, 2003, has the potential to rise stronger, more committed and more determined from the ashes of two decades of war.

A new president like Bernie Sanders in the White House would create a new opening for peace. But as on many domestic issues, that opening will only bear fruit and overcome the opposition of powerful vested interests if there is a mass movement behind it every step of the way. If there is a lesson for peace-loving Americans in the Obama and Trump presidencies, it is that we cannot just walk out of the voting booth and leave it to a champion in the White House to end our wars and bring us peace. In the final analysis, it really is up to us. Pleasejoin us!

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Can the world's second superpower rise from the ashes of 20 years of war? - Salon

University of Wyoming Receives $500,000 Cryptocurrency Donation – Kgab

Today, Wyoming received a donation from IOHK, a leading international technology company, in the sum of $500,000 in Ada Cryptocurrency.

Along with this gift, the college was also excited to announce a partnership with IOHK, which will have a laboratory at the college in order to aid in the organization's research.James Caldwell, a Professor of computer science stated in an article from the university,This funding and partnership between IOHK and UW provide an unprecedented opportunity for the university and the state of Wyoming to establish ourselves on the leading edge of blockchain technology.

Blockchain is a system to store and track transactionsin bitcoin or other types of cryptocurrency in a digital ledger or permanent record. This technology has been transformative for industries such as banking, law, and identity.

Thanks to Wyoming blockchain legislation from 2018 and 2019, the state is an established leader at the forefront of this technology internationally.

Another focus of this partnership to create jobs in Wyoming. As the state has approved the legislature needed for these types of currency to exist, Charles Hoskinson, the CEO and founder of IOHK, feels that it is only right to thank them by providing the states with jobs in this field. Hoskinson has roots in Wyoming, with both his parents being from Gillette and his own family making its home in Northern Colorado. His hope is that through this program, he can hire the great minds of the university to work for his company after graduation, stating "We think it is an obligation that if you hire people you try to keep them at home."

For more information regarding IOHK and their work, please find their website here.

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University of Wyoming Receives $500,000 Cryptocurrency Donation - Kgab

Cardano ADA Charles Hoskinson on Effectively On-boarding People to Build Cryptocurrency – The Cryptocurrency Analytics

Ivan asked Charles Hoskinson stating, so, with all of these use cases you have talked about, it automatically gets me to thinking about the hyper ledger Cardano and IBM.

They have really spent so much money on marketing and doing all kinds of pilot projects and whenever I speak to corporations they say, oh hyper ledger, Oh Cardano, Oh IBM, we just met with them IBM and we tried out their solution.

So, what is your view on all of these corporate block chains like bicorporate, for corporate, they have nothing to do with crypto, nothing to do with being traded on an open market and how will you play in to this ecosystem. Will you integrate with them as you said? Because you need a kind of private-public approach or how do you view them?

Charles Hoskinson replied, that is a good question. So, we created the ETALON project just for this very reason. So, first off every corporation or government loves permissioned ledgers until they dont. And, they love it until they love the idea that they can control it, but the problem is that you are talking about federations of agencies, not just one entity.

So, you know just looking at fertilizer transport, you could be looking at 200 to 300 different organizations. And, so, then there is this issue of well that who runs this consensus nodes and who runs the provisioning rules and how do you go around the system, update the system, then there is tons of regulations. So, permissioned ledgers are little bit more difficult in practice to install in production systems that are multi agent.

So, you can certainly do that, especially when it is a government initiated project, because the government will run the infrastructure, but when you are talking about transnational trade between public and private partners it makes a lot more sense to actually use open infrastructure like Ethereum, Cardano, or EOS or these types of ledgers. Because, then you need not answer the question of well who is going to run it. You just have to say it is a service, it is an oracle and we are just simply going to put things on it.

So, we have permissioned solutions and we certainly installed them with ETALON and it is interoperable with Cardano, and anyway it is a benefit to anybody in our industry, whether you are on the crypto side or on the DLT side, because what you are doing is you are creating cryptographic credentials for people.

You are creating identities, addresses, and private keys and once you have that infrastructure it is very easy to move between permissioned ledgers and permission-less ledgers.

So, you are effectively onboarding people so that they can build cryptocurrencies. And, so once they are in the grid, then you can start talking about stable coins and loans and other things. And, the most natural place to do that will always be on the public space.

So, I think it is a spectrum and it just depends upon who is your controller, how your people are organized and the nature of what people are trying to accomplish, and also who wants to maintain the infrastructure when you just start having those conversations. It makes a lot of sense to make use of a public open ledger as opposed to a permissioned closed ledger. But then again, there are other considerations. For example, privacy this is a big topic.

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Cardano ADA Charles Hoskinson on Effectively On-boarding People to Build Cryptocurrency - The Cryptocurrency Analytics

Barron’s Picks And Pans: Berkshire Hathaway, Bitcoin, Roku And More – Benzinga

This weekend's Barron's cover story explores what comes next for the empire that Warren Buffet built.

Other featured articles present the annual ranking of top fund families, examine regulatory issues at tech giants and review the performance of former Dividend Aristocrats.

Also, the prospects for two natural gas picks, a leading cryptocurrency and more.

Cover story "Inside Berkshire Hathaway's Future Without Warren Buffett" by Andrew Bary makes a case that as the Oracle of Omaha turns 90 this year, the company he built, Berkshire Hathaway Inc. (NASDAQ: BRK-A), could be in for a stock-boosting makeover.

Sarah Max's "Barron's Top Fund Families of 2019" shares why MFS Investment Management was the big winner in the Barron's annual ranking of how the industry performed in its actively managed mutual and exchange-traded funds.

In "Avoid Natural Gas Stocks Except for These 2 Names," Avi Salzman points out that most natural-gas stocks look like dismal investments as gas prices plummet. See why Barron's saysCabot Corp (NYSE: CBT) and one other pick may buck that trend.

Regulators and presidential candidates are calling out big tech companies like Amazon.com, Inc. (NASDAQ: AMZN), but self-imposed checks could be even more painful for the industry, according to "Big Tech's Regulatory Problems Go Deeper Than You Think" by Eric J. Savitz.

In Lawrence C. Strauss's "When Dividend Aristocrats Lose Their Status, Their Returns Often Improve," see why the post-Aristocrat performance of some companies is solid, and some resume raising dividends after their membership infraction. Does that include U.S. Bancorp (NYSE: USB)?

See also: 7 Ways To Invest In Gold Amid Coronavirus Fears

"When Will Bitcoin Go Full Tesla?" by Jack Hough discusses how Tesla Inc (NASDAQ: TSLA) stock has just had the ride of its life, and Bitcoin could be next as the cryptocurrency approaches a signal that in the past has led to new highs.

Aurora Cannabis Inc (NYSE: ACB) and other big North American cannabis companies could burn through their cash balances in months unless they can raise funds or cut spending. So says Bill Alpert and Connor Smith's "Marijuana Companies Could Burn Through Cash in Months."

In "There's No Doubt Roku Is Growing Fast. But Analysts Are Split on the Stock," Nicholas Jasinski suggests that though the latest results from Roku Inc (NASDAQ: ROKU) blew past their expectations, analysts still must weigh its rapid growth and large, still-untapped market against the stock's rich valuation.

Also in this week's Barron's:

Whether a stock and bond "twin bubble" is forming

Why silver prices are poised to rise more this year

The new director who bought $1 million in stock

How a small-cap fund finds exceptional growth overseas

Activist investors making moves in restaurant stocks

At the time of this writing, the author had no position in the mentioned equities.

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Barron's Picks And Pans: Berkshire Hathaway, Bitcoin, Roku And More - Benzinga

Want to invest in the Cryptocurrency Market? Here’s what you need to know! – TheCryptoUpdates

With the exponential growth of the cryptocurrency market, it has become a popular investment option for people around the globe. Using the blockchain technology, cryptocurrency has the potential of changing the lives of people for the better. This is why Uzidatahas designed a platform for the blockchain community where they can stay updated with all the information & analytics of cryptocurrency. But investing in crypto is not such an easy task. Apart from the huge growth potential, there are other important factors that you need to consider before investing in cryptocurrency. Some of the important things to consider include:

Crypto-currencies are highly volatile as the values fluctuate between extreme ups and downs. While there can be an unimaginable rise in the value of cryptocurrency, there can also be extreme price drops just the other moment. The volatility of the market makes it more exciting and even offers opportunities to the traders to make good profits. Though the risks are high, having an effective risk management strategy can help in dealing with the situation better.

When you are planning to explore the cryptocurrency market and make investments, it is essential to spend some time in doing thorough research. Before investing your hard-earned money, it is wise to understand the meaning of cryptocurrency, blockchain, security measures, and more. Getting updated about technology, regulations, investment strategies, and other important aspects can help you understand the market better and make smart investments.

Knowing the amount to invest in cryptocurrency is another important factor to consider. Being a volatile market, the chances of gains, as well as losses, are very high. It is always advisable to invest money that you can afford to lose. Investing such amounts ensures that in case of a loss, your life will not be affected much. Making smart decisions not only avoids unwanted consequences but also helps in remaining in a profitable situation.

Before investing in the cryptocurrency market, it is also important to determine the total market cap of the particular cryptocurrency that you wish to invest in. Solely relying on the unit value for determining the growth potential is not the right way. Instead, analyze the total capitalization as well as the increase in capitalization of the cryptocurrency for better insights.

Investing in the cryptocurrency market can enable you to make money or lose money, or at times your investment remains constant. In such a situation, tracking your funds becomes important. While tracking seems to be complex and difficult, the tracking tools can help in making the task easier. With a wealth of information and reports, the tools help in easily tracking your investments in the cryptocurrency market.

While planning to invest in cryptocurrency, it is also important to choose a reliable and secure platform. Investing in any random platform without detailed research can increase the risk of your investment. In order to avoid potential scams or frauds, considering doing some good research and investing through a trustworthy cryptocurrency platform only.

Considering the above aspects can help in making good investments in the cryptocurrency market and making easy profits. With smart decisions, making the best investments in cryptocurrency becomes possible. But for taking the right decision and framing strategies, you need the correct and the most updated info. This is where platforms like Uzidatacome in, with their brilliant database. The aim is to deliver a safe ecosystem to the community where they can access all the updated info and even get engaged in the conversations regarding the various bitcoins.

Right from the first, they have been aiming to revolutionize the way people search for information when it comes to anything related to blockchain. What makes Uzidataso unique is the fact that it serves the community irrespective of the role you play in the industry. Here are some of the features that you can expect from Uzidata once you log in.

So if you want to be an expert on cryptocurrency before you start investing make sure to try out Uzidata first!

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Want to invest in the Cryptocurrency Market? Here's what you need to know! - TheCryptoUpdates

Trader Who Predicted $2,500 Bitcoin Rally Warns of Pullback: Heres Why – newsBTC

Bitcoins strong surge to kick off 2020 has caught many traders on the back foot. Case in point: each leg higher in the price of BTC has been marked by dozens of millions of dollars worth of short liquidations on margin trading platforms like BitMEX.

While the majority seem to have been caught off guard, one trader called Bitcoins emerging uptrend: Financial Survivalism, also known as Sawcruhteez.

Just a day after New Years Day, the prominent trader claimed that Bitcoin was starting to show signs it was forming a textbook Wyckoff Spring pattern. The pattern, Sawcruhteez suggested, implied BTC was going to hit $9,200 in the middle of January.

And that it did. By January 17th and 18th, the leading cryptocurrency had passed above the key psychological and technical resistance of $9,000.

Now, Sawcruhteez is warning of a potential retracement, which should be a potent caution considering his track record.

Today Sawcruhteez pointed out that for the trading session of Thursday, the ongoing one-day, two-day, and five-day candles are all printing green 9s, according to the Tom Demark Sequential, a time-based indicator that issues 9 and 13 candles at reversal points.

The combination of green 9s on three key timeframes, Sawcruhteez wrote, might be a primer for a correction, for it would suggest that the short-term bull trend has been thoroughly exhausted.

It isnt only the confluence of the TD Sequential printing 9s across time frames that has analysts concerned.

Thomas Thorntown of Hedge Fund Telemetry recently pointed out that per his Demark Sequential Countdown, which called Bitcoins $6,400 bottom, the indicator is printing a potential sell candle, meaning investors should be cautious.

This is notable: the indicator printed a 13 candle when Bitcoin hit $20,000 in December 2017, when BTC cratered to $3,150 on December 14th of 2018, and at the $14,000 top in June of 2019.

Also, extremely profitable cryptocurrency whaleJ0e007 (Joe), who took $14.4 million worth of profits in December 2019 and nearly $7 million in the last month alone, recently warned that Bitcoin could soon be in for a crash so big that the whole crypto space is essentially wiped out, not just a small retracement as some expect.

He backed this strong assertion by looking to fiat inflows into the crypto market (or lack thereof), noting that theTethers flatlining market capitalizationis hard to explain from a position that were in the middle of a new bull market and that Grayscales inflow data doesnt convince him there is enough demand to absorb the mined supply.

Despite all this, many bulls remain resolute in their stance that Bitcoin remains in an uptrend that will not see significant pullbacks, at least for now.

Sawcruhteez recently noted that the three-day Ichimoku Cloud for Bitcoin is now fullybullish, with prices breaking through the cloud resistance and with the future cloud twisting positive. The indicator signaled a buy at $10,268, suggesting more upside is imminent.

And Dave the Wave, the trader who in the middle of 2019 said the price of BTC would retrace to the mid-$6,000s, just doubled down on his prediction the asset will hit $11,000 to $11,500 before any significant pullback, if at all.

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Trader Who Predicted $2,500 Bitcoin Rally Warns of Pullback: Heres Why - newsBTC

US Treasury to Introduce New Cryptocurrency Regulations – TWJ News

The US Treasury plans to introduce new rules and regulations on Digital currencies intended to crack down on its use to facilitate money laundering and other illicit activities

Steven Mnuchin, the treasury secretary told a Senate Finance Committee that the Financial Crimes Enforcement Network will soon announce new rules on digital payment and cryptocurrency. The primary concern with digital currency adoption is the issue of scams, opacity and ambiguous trade-offs that seem unconventional to traditional finance. Mnuchin hopes the new rules to improve transparency in order to stop money laundering and will prevent the use of cryptocurrencies as a secret bank accounts.

The US administration has expressed concern about the increased use of crypto in the execution of anonymous and illegal transactions. Additionally, the lurking potential of evading American Sanctions by nations like North Korea and Iran remains a huge threat to the blockchain.

He did not hesitate to suggest that the framework was a representation of the governments support for the new technology; as well as caution of avoiding digital currencies becoming the equivalent of the ancient Swiss Secret number banking. Nonetheless, the charing did not provide further details entailing the new regulations. However, the Treasure Secretary highlighted they would offer improved transparency for law enforcement; and a guide for the enforcement to track where money was going and prevent laundering.

President Trump was not hesitant to express skepticism about digital currencies. Last year, the president told Twitter followers that he is not a fan of Bitcoin and other cryptocurrencies. Adding to the note, he described cryptocurrencies as volatile and based on thin air. Furthermore, he would warn Facebook that they should seek a banking charter and adhere to banking regulations; if they were to issue a digital currency.

Mr. Mnuchins efforts to closely monitor cryptocurrency saw the relocation of the Secret Service towards the treasure Department, rather than Homeland Security. In the White House Budget proposal released this week, the administration cited the efficiency of policing cryptocurrencies through the treasury department and the secret service. White House has identified how cryptocurrencies are used as an emerging threat.

Nevertheless, the United States Federal Reserve stated in a separate hearing; that it was exploring how a US digital currency would look like. The Federal Reserve said it had studied the costs and benefits of implementing the digital currency. As well as the implications of the same in the global economy. However, Mr. Mnuchin had stated on Wednesday that he didnt believe a digital dollar was even necessary.

But the Secretary said it was also a project to consider somewhere down the road. For instance, Jerome Powell noted that a Federal Reserve digital currency also posed the threat of low privacy and high fraud. The Chair of the Federal Reserve, Mr. Powell stated:

Theres a lot to weigh and a lot to work on there. Every major central bank in the world right now is doing a deep dive on digital currencies, and we think it is our responsibility to be at the very forefront of knowledge and thinking about a central bank digital currency.

The creation and deployment of one such government-issued digital currency would need approval from congress.

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US Treasury to Introduce New Cryptocurrency Regulations - TWJ News

From Spy to Spied On: The U.S. Complex Relationship with Tech and Espionage – Morning Brew

Sean Connery-era James Bond would envy the spying opportunities offered by modern technology, while other anonymizing tools would have saved Jason Bourne a lot of trouble. But before we get into this year's top snooping imbroglios, let's look back.

In the late 1900s, Crypto AG was a prolific supplier of industrial-grade encryption machines and cipher devices. The Swiss firm hawked its wares to governments for spies, diplomats, and political leaders in over 120 countries and was saying "crypto" before Satoshi was born.

Plot twist: In 1970, the CIA and West Germanys spy agency bought Crypto AG together, the WaPo revealed in a bonkers story Tuesday. They worked in cahoots until 1993, when the German intelligence agency sold its stake to the CIA.

Crypto AG customers ranged from Iranian mullahs to papal nuncios. During the firm's heyday, the Soviet Union and China suspected that something was rotten. They didn't buy from Crypto AG, weary about its Western links.

In what the CIA dubbed "the intelligence coup of the century," spooks in Langley eavesdropped on sensitive communications of Crypto AG customers. A former CIA and NSA senior official told the WaPo he had no regrets from the operation, codenamed "Thesaurus" and then "Rubicon."

The CIA and NSA didn't build backdoors into Crypto AG per se, but massaged the encryption algorithms to make decryption easier. As strong encryption became more commonplace in the 21 century, Crypto AG's influence faded. Rubicon's cloak-and-dagger run ended two years ago, when the CIA liquidated Crypto AG's assets. But as Edward Snowden knows, the U.S. still fields state-of-the-art spying tools.

The U.S. thinks Huawei is a modern version of Crypto AG operating in plain sight. U.S. officials say they have proof that since at least 2009, Huawei has been able to secretly access mobile network backdoors in its equipment around the world, the WSJ reported Wednesday.

Let's clear something up: Authorized employees of network operators and law enforcement can legally tap equipment and intercept communications, in accordance with host country laws. But manufacturers up the supply chain stream shouldn't have that capability.

Why now? Washington is losing its fight to firewall global 5G networks from Huawei gear. The Chinese company has essentially said put up or shut up, asking the U.S. repeatedly to reveal a smoking gun. Washington's latest claim could be those pocket aces.

With all this snooping, it's no wonder Facebook and Apple want to lock down their products with end-to-end encryption. "For all of human history, people have been able to communicate privately with each other...and we don't think that should go away in a modern society," WhatsApp boss Will Cathcart told the WSJ.

But these encryption measures, which the feds call the "going dark" problem, can obstruct investigations. Officials say uncrackable cryptographic measures provide cover for terrorists, pedophiles, and human trackers. So the government wants the ability to access backdoors in hardware, software, comms equipment, and networking gear.

Many tech companies, privacy advocates, and cryptographic experts say that access compromises security. They think if you build it (backdoors for good guys), they will come (bad guys wanting to exploit a vulnerability). Big Tech is also justifiably worried about surveillance dragnets from U.S. and foreign governments.

Spies gonna spy. The U.S. has spied on Germany, its former Crypto AG partner in crime. And the NSA has hacked Huawei, among many other targets.

But Washington frets that Huawei backdoors give China an unfair advantage in espionage. At the same time, it wants backdoors into U.S. tech firms for law enforcement. Confused? Me too. Tech companies too.

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From Spy to Spied On: The U.S. Complex Relationship with Tech and Espionage - Morning Brew

2014 Bloomberg Hoped the NSA Was Reading Every Email – The Intercept

In October 2014, on a stage in San Francisco in front of a live audience, Katie Couric asked Mike Bloomberg whether he had ever sexted on Snapchat. The former New York City mayor, speaking alongside Snapchat co-founder Evan Spiegel at the Vanity Fair New Establishment Summit, joked that he couldnt answer the question. But the question prompted Bloomberg to describe his views on data collection, and a personal Richard Nixon lesson about record-keeping.

What followed was a lighthearted discussion of digital privacy, in which Bloomberg, nowa candidate in the Democratic presidential race,praised the National Security Agency and said he doesnt have a problem with apps selling users personal data, as long as consumers understand what is happening.

Look, if you dont want it to be in the public domain, dont take that picture, dont write it down. In this day and age, youve got to be pretty naive to believe that the NSA isnt listening to everything and reading every email, Bloomberg said. And incidentally, given how dangerous the world is, we should hope they are, because this is really serious, whats going on in the world.

Bloombergs comments in 2014 came more than a year after the first disclosures of documents by NSA contractor Edward Snowden, but before a federal appeals court ruled that the bulk collection of Americans phone records was illegal. Bloomberg did not describe any specific NSA program or form of data collection in detail, but the lighthearted conversation contains insights into his views on digital privacy.

Bloomberg mentioned Snowden by name, saying that because hackers or whistleblowers can obtain and leak records, he joked that he has a rule against keeping records. And when you write something, you take a picture and somebody leaks it, Bloomberg said. How many times does that have to happen before you realize its gonna happen again and it could happen to you? And so whether its Snowden or some hacker or something, its what I call the Richard Nixon lesson: Dont record it.

I think we are trading our privacy and personal freedoms for convenience and pleasure, Bloomberg continued, We always worry about the NSA I hate to come back to them knowing what were doing. Everything youre doing with every app is recorded, and those companies try to sell that information and profit from it, and then they say Oh, isnt it terrible that the NSA has been looking at you. Come on. Theyre doing the same thing themselves. The NSA at least can say, Were doing it to try to save everybodys lives. The other, theyre doing it because they want to make money. I dont have a problem with it, but I think you should understand whats happening.

The Bloomberg campaign did not respond to a request for comment.

In recent days, Bloomberg has come under fire for his dramatic expansion of the NYPDs stop and frisk policy. In audio unearthed from a 2015 speech, Bloomberg can be heard saying that 95 percent of murders, murderers, and murder victims were young male minorities, saying, You can just take the description, Xerox it, and pass it out to all the cops. He later tweeted that he apologized for taking too long to understand the impact of the policy and misleadingly said that he cut it back by 95 percent.

Bloombergs record on issues of civil liberties and surveillance is also coming under criticism. Bloomberg was elected mayor shortly after the September 11 attacks, and under his administration, New York City became a testing ground for surveillance and predictive policing technology in the name of counterterrorism. In the course of a few years, for example, the NYPD built a network of 3,000 smart surveillance cameras around downtown and midtown Manhattan informally known as the Ring of Steel, which could reportedly detect dropped bags within minutes.

In 2007, during a visit to London a city also known for ubiquitous surveillance cameras Bloomberg said, In this day and age, if you think that cameras arent watching you all the time, you are very naive. We live in a dangerous world, and people want to have security cameras.

During Bloombergs mayoral tenure, the NYPD used undercover informants to spy on a number of activist groups, including Occupy Wall Street. Most infamously, the NYPD ran a yearslong surveillance program of Muslims in the greater NYC area that involved undercover informants and other types of surveillance. A Pulitzer prize-winning series by the Associated Press revealed that the NYPDs Intelligence Division not only monitored numerous mosques, it also had a Demographics Unit that mapped ancestries of interest.

During his last year in office, Bloomberg even went so far as to suggest that American laws and interpretation of the Constitution had to change to accommodate counterterrorism. Following the Boston Marathon bombing in April 2013, and the revelation that the bombers may have intended to strikeNew York CitysTimes Square as well, Bloomberg gave a press conference where he advocated for a shift away from privacy concerns.

The people who are worried about privacy have a legitimate worry, Bloomberg said. But we live in a complex world where youre going to have to have a level of security greater than you did back in the olden days, if you will. And our laws and our interpretation of the Constitution, I think, have to change.

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2014 Bloomberg Hoped the NSA Was Reading Every Email - The Intercept