Posted on 01/30/2023 12:56:46 PM PST by Brilliant
Top advisers for President Joe Biden revealed on Friday that the administration was planning to fund the research and development of digital asset technology but was first seeking public input on where to invest its money.
The White House's Office of Science and Technology Policy said members of the public have until March 3 to help identify priority areas of research for its new national digital assets research and development agenda.
The agenda is part of a plan by the executive branch to build a "new digital economy" that "works for the many, not just the few," top Biden officials wrote in a blog post.
"The administration wholeheartedly supports responsible technological innovations that make financial services cheaper, faster, safer and more accessible," the post said. "Yet to realize these benefits, new technologies need commensurate safeguards."
The officials who wrote the post include Brian Deese, director of the president's National Economic Council, and Arati Prabhakar, director of the White House's Office of Science and Technology Policy.
They say they were directed by the president a year ago to identify risks related to cryptocurrencies and identify ways the executive branch could mitigate those risks.
The White House will release its priorities for digital asset research in the "coming months," the officials said. The government has identified blockchain, distributed ledgers, decentralized finance, smart contract and cybersecurity issues as some of the possible areas for research and development...
(Excerpt) Read more at law360.com ...
Crypto is finished. At this point, it's clear that they are just trying to create jobs for Beltway insiders.
Just another opportunity to grift
If it’s an $8billion fund to have FTX do research, we know something is wrong.
Whatever company will launder the most taxpayer money back to “the big guy” and the democrat party.
It isn’t finished. It has been subsumed into the coming digital dollar, where they can then keep interest rates permanently negative and track your use of money so they can invest ahead of you to buy up the world’s economy.
Just trying to create jobs for Beltway insiders
Yes Ukraine banks aren’t very safe right now have to launder it some place.
"Its" money? "ITs" money?????
Fake money controlled by leftists in the Government...
What could go wrong? Sign me up!
“All your money are belong to us.”
...but was first seeking public input on where to invest its money.......
FTX sounds good....................
To Sam Banking-Fraud. He really needs the money.
You want to buy mind altering drug? Fine.
You want to buy ammo? Not Happening!
“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name”
(Revelation 13:16-17).
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