413 karma · joined March 24, 2016
I work and live in DC and that’s a forgone conclusion here.
Since I can’t ask you for evidence of China NOT controlling the WHO, maybe I can put it to HN:
Does anybody have a good article for this person to read about China and the WHO?
Maybe google “WHO China Influence”. There are thousands of articles.
Second, nations exist to serve their populations. Think xenophobia and racism are bad now? Wait until it’s life or death and a decision is now directly attributable to the deaths of those around you.
“Sorry Aunt Edna, you have to die. A factory worker in Mexico got your vaccine so they can make cars for an American company.”
The WHO is politically controlled by China and that’s not going away. Any proposal to let the WHO have sovereignty over the USA in any form, this is DOA. Without USA, what’s the point?
That said, maybe there are common grounds or infrastructure that can be build collectively, similar to the space station that everyone funds and benefits from in a pre agreed upon way.
Could it be that their compensation is tied to the stock price and sticking around for a few more months could cost them millions as the coronavirus collapses the world economy?
This is a great story and a good read. Happy he exists. Lord knows I've eaten my share of Flaming Hot Cheetos.
I've lived in China and seen how this plays out. Facebook's new Libra Blockchain will be a centralized bank but way more dangerous.
It will allow for a worldwide social credit system. If Facebook decides to remove you for wrong speak or wrong think, your money and many services will be inaccessible.
Further, they have no mandate like the central bank does to increase employment. Their mandate is to make money for corporations. This will lead to global social unrest.
This will put some third-world countries in complete control by Facebook. I mean, whoever runs the currency, is the country. But in this case, it will be completely controlled, as it's also many of those countries main source of communication. Therefore, if Facebook's Libra is a countries main currency and social network, that country will be owned by Facebook.
Finally, the regulations on crypto and blockchain are still new. This is in Facebook's advantage as they can start lobbying to have these laws in their favor. They can argue for less transparency, as they are a bank, and this fits with their new privacy marketing message.
This is extremely subversive and Europe is already rightly pushing back. America will be next. On one hand, I love seeing the existing financial system panic when new technology comes out. On the other hand, under no circumstances will I accept a world where Facebook started the one world currency.
Look at what regulators will say in the coming days. Europe is already saying under no circumstances will they allow a sovereign currency to operate unabated.
The US Federal Reserve is a major source of American power. It's "rumored" the US has invaded countries before for threatening to price oil in alternate currencies. You think they're going to accept this affront to their global hegemony laying down?
This will put some third-world countries in complete control by Facebook. I mean, whoever runs the currency, is the country. But in this case, it will be completely controlled, as it's also many of those countries main source of communication.
Therefore, if Facebook's Libra is a countries main currency and social network, that country will be owned by Facebook.
Finally, the regulations on crypto and blockchain are still new. This is in Facebook's advantage as they can start lobbying to have these laws in their favor. They can argue for less transparency, as they are a bank, and this fits with their new privacy marketing message.
This is extremely subversive and Europe is already rightly pushing back. America will be next. On one hand, I love seeing the existing financial system panic when new technology comes out. On the other hand, under no circumstances will I accept a world where Facebook started the one world currency.