Accoridng to the latest reports, it seems that massive tech giants could be eventually helping the US government. And not to do the right thing. Check out the latest data on the matter below.
Tech giants could be working with he US government
During a recent interview on the Impact Theory podcast, Balaji Srinivasan, the former chief technology officer of Coinbase, expressed concern that major tech companies like Apple, Microsoft, and Google could potentially betray the trust of the American people.
Srinivasan believes that if G7 nations approve digital asset seizure, these tech giants could assist in the process by scanning our devices and providing authorities with private keys.
This could occur if countries attempt to recover from economic turmoil by seizing digital assets.
Srinivasan, a well-known advocate for Bitcoin, warns that such actions could have significant consequences for our privacy and security.
“G7 countries are going to have a real problem, and they’re going to be harder for money and then a lot of the world hinges on whether or not the G7 countries and China can seize digital assets. If they can, that’s like one branch point in history. It means that you have total states [into] CBDCs (central bank digital currencies) and so on and so forth.”
The same notes continued and revealed the following, as per the online publication the Daily Hodl:
“If they cannot [seize assets], then you have a different branch point in history where it means that communities can now basically have digital gold or cryptocurrency and crowdfund bits of territory where they can have their own startup societies and eventually what I call ‘network states.’”
He continued and explained that “then you’d go back to the future of something more like the 1800s where you could get a plot out of land, and you could build a town or something like that or even the Alaska Purchase, Louisiana Purchase, things of that nature… The real branch point is fundamental, will asset seizure be possible in the digital world?”
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