Founder and former Twitter CEO Jack Dorsey’s new platform, Bluesky, picked up steam as some Twitter users look for alternative options amid Elon Musk’s recent takeover. The beta-mode app has reportedly registered 30,000 signups on its waiting list. “Wow. 30k signups for our app’s waiting list in the last two days! Thanks for the overwhelming…
Dorsey’s Social Media Network Gains Traction Following Musk’s Twitter Takeover
October 31, 2022
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Decentralized Finance Criticized by BIS
In the December edition of its quarterly review of the economy and finance, the Bank for International Settlements (BIS) took aim at decentralized finance, calling the ambitions of its proponents unrealistic and expressing concern over its potentially destabilizing effect on markets. In a section titled “DeFi risks and the decentralisation illusion,” the BIS addresses the…
Taking Federalism Seriously
Commentary Federalism is like a diet. Both the left and right try to stick to it, but each abandons it when its craving for the policy equivalent of fries and a shake grows too strong. The left, which normally looks to the national government for policy solutions, cheerfully applauds state efforts to deal with the…
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