US Admiral Touts Bitcoin a Tool For US Power Projection

A senior US military commander has lauded Bitcoin as a “valuable computer science tool,” arguing its usefulness extends beyond monetary applications and can support US national security interests. “It is a valuable computer science tool, as a power projection,” Admiral Samuel Paparo said at a Senate Armed Services Committee hearing on Tuesday, adding that Bitcoin’s…

Read More

California billionaire tax has enough signatures for ballot, backers say

Advocates for a proposed California billionaire tax on Sunday said they received enough signatures for the measure to appear on the ballot in November.  Supporters say 1.6 million people have submitted signatures favoring the Billionaire Tax Act for approval, according to The Los Angeles Times. State law requires at least 874,641 registered voters to provide signatures……

Read More