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AI is reshaping storytelling — but is it honoring Indigenous communities or erasing them? Here's what every entrepreneur needs to know before they hit "generate."
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Apple TV Rebrands to Apple TV, Ditching the Plus Sign for ‘Vibrant New Identity' VarietyApple TV Subtracts the in a Quiet Rebrand The New York TimesMan Urinates on St. Peter's Basilica Altar During Holy Mass The Daily BeastApple TV Plus is being rebranded to… Apple TV The VergeApple's TV Rebrand Marks the End of the "Plus" Era The Hollywood Reporter
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Disruption. It's coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC) in the coming years. The Departments of Energy, Commerce, the Treasury, and other agencies weighed in on how to manage and regulate a CBDC.
The government is reacting in part to the explosive growth of digital currencies. About three out of ten U.S. adults currently invest in some form of cryptocurrency, or "crypto," like Bitcoin or Ethereum. These digital "coins" rely on a decentralized network of computers to verify financial transactions, cutting out third parties like banks or credit cards.
The good, the bad, and the ugly of crypto
Advocates of crypto point to its affordability, efficiency, and its ability to reach consumers with little or no access to traditional banking services. With just a mobile phone or a crypto ATM, consumers can easily send and receive digital currency, even across international borders.
On the other hand, crypto is still largely unregulated and volatile. Investors in Bitcoin, for example, saw returns of over 70% in 2021, but the currency is down almost 60% year to date. And if you send your payment to the wrong account (called a "digital wallet") there may be no way to retrieve it. Crypto has also been used for money laundering, fraud, and to fund terrorism. Several
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