Desantis Anti-CBDC Bill Set To Pass Before May 5th, With Some Democrats Angry Over The Bill
The overall commentary from these three Democrats that they just don’t understand the bill or that the bill is useless right now as the Federal Government, according to them, has not officially decided to issue a Central Bank Digital Currency.
Rep. Duggan,the bill sponsor and Bitcoin friendly Representative, countered these comments with two points:
The Federal Government is planning on issuing a CBDC, and if the bill is not passed now, it will be too late.
A CBDC would violate the 4th amendment and give the Federal Government an unlimited amount of power by being able to shut off citizens finances within seconds.
World Economic Forum Does a Bitcoin U-Turn
While mentioning usage for data centers and computing, there were no direct references to Bitcoin mining. Crusoe Energy’s website indicates that their computing systems are used for AI and deep learning, blockchain and cryptocurrency, and “intensive research” applications.
Featured Podcast/Youtube Short
In this episode, we discuss the buzz on Twitter that the Crypto Bull Run is Back and what it means for investors and traders. But it's not all good news, as we also examine the recent statements made by Gary Gensler, the new chairman of the SEC, who has declared war on crypto. JoshuaJake, BlockchainBoy, and Samuel Armes will provide their insights on the implications of Gensler's stance on the crypto market and what it could mean for the future of cryptocurrency
Analytical Data
Despite the hype over China's reopening, the markets are increasingly doubting it (after never having really bought it at any point). Steel rebar prices in China are rapidly dropping again even as construction season gets going - or, in the case of '23, doesn't get going.
Even the Chicago Fed's NAI is moving lower toward recession (the average is what matters). Right now it shows what everything else does - economy operating below "potential." But just look at what direction the avg is pointing.
Texas Manu Survey: "Funding has dried up to purchase our products.” “There is a definite slowdown. New orders virtually stopped.” “We are starting to see a real slowdown. We are hoping it is short lived.”
In The Know
CBDCS WILL SOON BE BANNED IN FLORIDA 🌊☀️I testified yesterday in FL’s House Judicial Committee on how harmful CBDCs will be to Floridians. 🗣️ Today I’ll be testifying in what is hopefully its last Senate committee.Florida is going to continue to make waves in the Bitcoin… twitter.com/i/web/status/1…— Samuel Armes (Florida Blockchain Business Assoc.) (@samuelarmes) 12:17 PM • Apr 20, 2023
Voyager Digital Says Binance.US Sent Letter Terminating $1B Asset Buy Deal
The crypto lender said it will return value to customers via direct distribution.
coindesk.com
Resisting Federal Monetary Policy through States' Rights: Lessons from California's Experience During the Civil War
Financial freedom, backed by states' power to set contract law and court procedure, proved to be a "sly, roundabout way" to take money out of the hands of the federal government.
bitcoinbrief.io
Russia prepares draft law allowing crypto usage for internatio...
Russia's central bank has prepared a new draft law to
inside.com
Blockchain and crypto leaders converged at DAO Tokyo as Japan increases adoption
DAO Tokyo was a reminder of the energy and creativity that is driving the Web3 industry forward.
cointelegraph.com
Stablecoin payments: Visa shares plans for ‘ambitious’ crypto product
Payment giant Visa is building a cryptocurrency-related product to facilitate the digital commerce of everyday life.
cointelegraph.com
Events
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use code “FBBA” to get tickets for just $149 (a $226 discount)!
Crypto News Heard Around the State
Tampa News
From internet adoption to AI: How one Tampa tech firm adapted
Technologist Christopher Karlo remembers the rise of internet adoption in the '90s - opening a digital world of possibilities to businesses that didn't quite fully grasp the capabilities the new landscape would bring. "In those days, you had to spend a lot of time explaining to prospective clients the value of an online presence and [...]
stpetecatalyst.com
Orlando News
NEW EP OF WEB3 WEEKLY ALPHA ! 🚨 EP11We cover NFT charts and levels of interest during potential capitulation. Large sales, new/recent drops, web3 & crypto news. Check it out and would love any feedback from y’all! 👇🏽http— Serpunk (@serpunketh) 10:00 PM • Apr 24, 2023
Miami News
Crypto, Miami and the future of tech hubs
politico.com
The other Florida Republican mulling a run for president? Miami’s mayor - WEIS | Local & Area News, Sports, & Weather
(MIAMI) -- As the Republican field for president takes shape around former President Donald Trump, with Gov. Ron DeSantis expected to launch his own campaign by the summer, a third Floridian is angling to possibly join the 2024 race. Miami Mayor Francis Suarez is weighing a bid for the White House, recently telling ABC affiliate WMUR
weisradio.com
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