Morning Wire Digital Currency Controversy & California Homeless Plan | 3.25.23
Mar 25, 2023
The push for centralized digital currencies sparks debate over privacy and government control. Planned Parenthood's influence on sex education reveals unexpected content in many school districts. California's innovative Transitional Rent proposal aims to tackle homelessness but faces funding hurdles. The contrasting views on digital currencies in states like South Dakota and Florida add to the controversy. Tune in to hear about these pressing issues shaping our society.
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Planned Parenthood's Sex Ed Dominance
- Planned Parenthood receives about 80% of federal sex education funding and develops various curricula.
- This influence allows them to adapt to objections by offering alternative options.
CBDC Concerns
- Central bank digital currencies (CBDCs) are being explored by many countries, including the U.S.
- Unlike cryptocurrencies, CBDCs are issued and controlled by governments, raising privacy concerns.
China's Social Credit System
- Critics point to China's social credit system as an example of how CBDCs can be used to control behavior.
- Citizens with low scores face restrictions like purchasing plane or train tickets.