HomeCryptoTrump's sudden change of heart on cryptocurrency smacks of desperation and hypocrisy

Trump’s sudden change of heart on cryptocurrency smacks of desperation and hypocrisy


Top Stories from the Intersection of Tech and Politics: Trump’s Crypto Transformation, Fontes’ Deepfake, Swab Probs, Diversity Matters, Uvalde Liability Lawsuit, TikTok’s Covert Influence Operations, Media Matters Layoffs, A.I. Incompetence, Russia’s 2016 Redux.

Former President Donald Trump made headlines at the Libertarian Party’s national convention over the weekend when he announced his intention to commute the sentence of Ross Ulbricht, the mastermind behind the infamous “Silk Road” website. Ulbricht, who is serving multiple life sentences for running a black market for drugs and illicit items, has become a hero among Libertarian crypto enthusiasts.

This move by Trump comes as a surprise to many, considering his previous stance against cryptocurrencies during his presidency. However, Trump’s recent embrace of the crypto community may be motivated by self-interest, as he announced that his campaign will now accept donations in cryptocurrency.

In another tech-related story, Arizona Secretary of State Adrian Fontes showcased a deepfake during a recent episode of “Meet the Press,” highlighting the potential dangers of artificial intelligence in manipulating and misinforming voters.

Additionally, the Los Angeles Times reported on the increase in DNA samples collected from immigrants to the United States, raising concerns about privacy rights and the purpose of such data collection.

On a more positive note, Ohio Democratic Rep. Shontel Brown and Michigan Democratic Rep. Haley Stevens introduced a bill aimed at increasing access to cybersecurity jobs for disadvantaged communities, emphasizing the importance of diversity in protecting Americans from cyber threats.

In a more somber story, families of victims killed in the 2022 Uvalde school shooting are suing video game company Activision, Meta (Instagram’s parent company), and rifle maker Daniel Defense, alleging their role in “grooming” the gunman behind the tragedy.

Lastly, TikTok released a report on efforts to remove covert influence operations from its platform, revealing campaigns aimed at swaying political opinions in various countries. This news comes as The Washington Post warns of Russia’s campaign to spread election-related disinformation in Europe and potentially target the U.S. in the upcoming elections.

These stories highlight the intersection of technology and politics, showcasing the complexities and implications of advancements in the digital age.


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