In the previous post (#4 of this series), we critiqued the European Central Bank’s arguments against Bitcoin, emphasizing that a simple dismissal of digital currencies is a lazy approach. While healthy skepticism about Bitcoin and other digital assets is warranted, completely dismissing a rapidly evolving technological and financial innovation merely...
In October 2024, Senior Management of the European Central Bank (ECB) Market Infrastructure and Payments division published a hit piece on Bitcoin. The Federal Reserve Bank of Minneapolis followed suit shortly thereafter. The ECB paper provides an overdue perspective on Bitcoin from central bankers. We should take it seriously for...
The year 2023 was a notable one in digital governance. A retrograde tendency by nation-states to pursue “digital sovereignty” peaked in Europe, China and the U.S., leading to numerous governmental barriers and restrictions on data, networks, computing devices and software applications. Meanwhile, breakthroughs in natural language AI applications convinced the...
1 May, 2023 Who’s a VLOP and who’s a VLOSER? Alibaba, Amazon, LinkedIn, YouTube, TikTok, Twitter and Wikipedia are among the entities that have been designated "Very Large Online Platforms'' (VLOPs) by the European Commission. Google search and Bing have been designated Very Large Online Search Engines (VLOSErs). All will...
February 16, 2023 The search landscape is shifting Search platforms are in fierce competition to integrate large language model-based generative AI in an effort to better understand users’ natural language queries, provide more informative search results, and differentiate in other regards (e.g., accuracy, privacy). Most attention has focused on Microsoft...
February 2, 2023 DoJ’s pointless swing at Google adtech On Jan 24, the Justice Department, along with the Attorneys General of eight states, filed a civil antitrust suit against Google for monopolizing multiple digital advertising technology products, including its ad publisher, exchange, and advertiser network platforms. The complaint is the...
January 16, 2022 IGP paper on TikTok makes waves On January 9 IGP released a threat analysis of TikTok that debunked claims that the popular short video app is a national security threat. Until now, the “ban TikTok” debate has never been subjected to critical scrutiny, and no one has...
December 15, 2022 US-EU Data Privacy Framework Moves Forward The European Commission published a “draft adequacy decision,” about the EU-US Data Privacy Framework. In a largely unheralded but highly consequential decision, the US committed itself to privacy protections for European citizens in an October Executive Order from the Biden administration....
