A top Fed official says digital currency may be the money equivalent of parachute pants.
Comparing central bank digital currencies to fads, the Fed’s vice chair for supervision said the case for a digital dollar must clear a “high bar.” https://nyti.ms/3dos7FI
Robert Tymofichuk, a teacher in Alberta, Canada, spent nearly 2,000 hours building an operational hovercraft from salvaged car parts and with no blueprint. https://www.nytimes.com/2024/09/21/technology/diy-hovercraft-alberta-canada.html?utm_source=dlvr.it&utm_medium=blogger
The government cited national security concerns in announcing sweeping restrictions on two popular Chinese social media networks, a move that is likely to be met with retaliation. https://nyti.ms/2PywXDP