chonkytoast.bsky.social
@chonkytoast.bsky.social
The Federal Reserve Bank already has the first half of a digital payment system : the Automated Clearing House System. From the 1970s. Tech companies (Paypal...) are frontends to the ACH system. The gatekeepers who get commissions on e-payments are unhappy that a government has bypassed them.
How Brazil's innovative 'Pix' payment system is angering Trump and Zuckerberg
The Pix instant payment system is used by nearly everyone in Brazil, from street vendors to major retailers. In a recent op-ed, economist Paul Krugman even touted it as the “future of money”. Its succ...
www.france24.com
August 2, 2025 at 6:38 PM
The engineers assisting in the Federal Payment Systems and OPM Personnel Data Breaches, according to Wired
www.wired.com/story/elon-m...
The Young, Inexperienced Engineers Aiding Elon Musk’s Government Takeover
Engineers between 19 and 24, most linked to Musk’s companies, are playing a key role as he seizes control of federal infrastructure.
www.wired.com
February 4, 2025 at 2:34 AM
Here's a tracker for challenges to Executive Orders: www.justsecurity.org/107087/track...
Litigation Tracker: Legal Challenges to Trump Administration Actions
A public resource tracking the legal challenges to the Trump administration's executive orders and actions.
www.google.com
February 4, 2025 at 2:20 AM