Mediaboss Marketing

Sen. Rand Paul said Friday he is strongly opposed to a new bipartisan U.S. Senate bill that would essentially ban China-based social media app TikTok, calling it a violation of the First Amendment.

Paul said at an event in Louisville that his opposition to the bill was consistent with small government ideology, having nothing to do with the fact that his most prolific political donor is also the largest American investor in the company that owns TikTok.

The RESTRICT Act was filed two weeks ago by Sens.Mark Warner, D-Va., andJohn Thune, R-S.D., and received initial support from the White House, proposing to give the Biden administration new power to restrict or ban technology from China and five other countries deemed U.S. adversaries.

Supporters advocated the bill as a way to prevent China from spying on Americans through apps like TikTok owned by China-based company ByteDance but Paul said a ban would be an abuse of free speech rights, akin to what the Chinese government does.

More:Why billionaire Jeff Yass favorite politician on the national scene is Rand Paul: Opinion

"TikTok is actually banned in China," said Paul, who was attending the grand opening of the Goodwill South Louisville Opportunity Center. "We will be acting like the Chinese government if we ban TikTok here.

"We'll be disenfranchising the speech of about 100 million Americans. So no, I'm completely against it."

Paul noted that the RESTRICT Act would not just ban TikTok, but any other technologies from those countries that the administration sees fit to restrict.

"They could later on deem another social media company to be a product of an adversary and they could ban that too," Paul said. "It's wrong, and I don't think the courts will uphold it."

The largest American investor in TikTok owner ByteDance is Jeff Yass, who owns 7% of the company. According to Bloomberg News, this investment accounts for roughly half of Yass' $33 billion fortune, with the rest coming from his Philadelphia-based global investment and trading firm Susquehanna International Group.

More:'Foreign technology threats': Commerce secretary could ban TikTok under bipartisan bill

Yass, whose ideology has a similar libertarian bent as Paul, is also the largest political contributor to PACs supporting Paul's campaigns in recent years by far.

Yass contributed $5 million in 2021 to Kentucky Freedom PAC, a super PAC supporting Paul's 2022 reelection campaign, while also directing more than $5 million in 2022 to Protect Freedom PAC, another Paul-affiliated super PAC.

The early ByteDance investor was also the largest individual donor to PACs supporting Paul's 2016 presidential campaign, with FEC records showing he has now given at least $23 million to Paul committees since 2015.

Asked about Yass in the context of his opposition to a TikTok ban, Paul replied: "My decisions are not based on any kind of donations. My decisions are based on the Constitution and First Amendment."

TikTok CEO Shou Zi Chew was grilled by lawmakers in a House Energy and Commerce Committeehearing Thursday about what the app does with users data and its ties to the Chinese government, with representatives in both parties accusing him of dodging questions and calling for a ban.

Last year Congress passed a bill into law banning TikTok from all government-issued devices, which other states have mimicked with their own ban. One of those states is Kentucky, where Gov. Andy Beshear signed an executive order in January banning it from all state government networks and devices and also signed into law a bill passed by the legislature to codify the ban.

Reach reporter Joe Sonka at jsonka@courierjournal.com and follow him on Twitter at@joesonka.

Read the original post:
Rand Paul opposes new bill that could ban TikTok nationwide - Courier Journal

Filecoin's FIL/USD price has decreased 3.97% over the past 24 hours to $5.58, continuing its downward trend over the past week of -9.0%, moving from $6.05 to its current price.

The chart below compares the price movement and volatility for Filecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has tumbled 37.0% over the past week while the circulating supply of the coin has risen 1.23%. This brings the circulating supply to 409.61 million, which makes up an estimated 20.85% of its max supply of 1.96 billion. According to our data, the current market cap ranking for FIL is #30 at $2.28 billion.

Powered by CoinGecko API

This article was generated by Benzinga's automated content engine and reviewed by an editor.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Get ready to uncover the secrets of decentralized finance and security in the crypto market with Crypto Unlocked , Benzinga's new virtual crypto event series. Don't miss out on this opportunity to learn from the experts and connect with fellow crypto enthusiasts subscribe and turn on notifications for Crypto Unlocked on YouTube today !

Read more:

Cryptocurrency Filecoin Decreases More Than 3% Within 24 hours - Benzinga

Sen. Rand Paul (R-KY) said Thursday that he wouldnt vaccinate his children against COVID-19, expressing concerns about the risk of heart inflammation. I think the risks of the vaccine are greater than the risks of the disease, Paul told The Hill. The risks of the disease are almost non-existent. The licensed doctor also suggested that there was room to debate the number of vaccines young people should receive, but insisted that giving a young patient three jabs was malpractice, due to the risk of myocarditis. I dont think theres any evidence to give three vaccines, he said. The American Heart Association has said that myocarditis has been observed in about 1 in 15,000 men aged between 16 and 19 who have received three COVID shots, and that such cases are almost always mild, with patients recovering in a matter of days. Paul has long been skeptical of COVID-19 vaccines and pandemic mitigation measures, and notably called for people to resist government policies for fighting the virus in August 2021. They cant arrest all of us, he said at the time.

Original post:
Rand Paul: I Wouldn't Let My Kids Get the COVID-19 Vaccine - The Daily Beast

Dadvan Yousuf, a young entrepreneur and self-made millionaire, is rapidly making a name for himself in the cryptocurrency industry. With his innovative ideas and business acumen, Yousuf has become a driving force in the world of cryptocurrency and blockchain.

Yousuf's journey to success is a remarkable one. Having arrived in Switzerland as a refugee, he has worked tirelessly to establish himself as a successful businessman.

One of the notable aspects of Yousuf's work is his fight against the old banking system. Yousuf believes that cryptocurrency and blockchain have the power to transform the way we think about money and finance. His work in the cryptocurrency industry is aimed at creating a more decentralized and transparent financial system that is not controlled by a few big banks.

Yousuf's innovative approach to business and technology has earned him comparisons to Elon Musk. Like Musk, Yousuf has a clear vision for the future and is not afraid to take risks to achieve his goals. He is constantly pushing the boundaries of what is possible in the cryptocurrency industry and has become a role model for young entrepreneurs around the world.

One of Yousuf's strengths is his skill as a Bitcoin trader. He has a deep understanding of the market and has been able to make smart investment decisions that have helped him build his empire. Yousuf's success as a trader has earned him a place on Forbes 30 under 30 list, a prestigious honor that recognizes young entrepreneurs who are making a significant impact in their fields.

Despite his youth, Yousuf's contributions to the cryptocurrency industry have been significant. He has a clear vision for the future of cryptocurrency and is dedicated to making it a reality. His innovative approach to business and technology has inspired a new generation of entrepreneurs to think big and challenge the status quo.

While Yousuf's success is certainly noteworthy, it is important to acknowledge that the cryptocurrency industry is not without its risks. The unregulated nature of the industry has led to concerns about fraud and illegal activity. However, Yousuf's commitment to transparency and accountability in his own business endeavors suggests that he is aware of these issues and is taking steps to mitigate them.

Yousuf is also invested in many startup companies around the world. His experience as an entrepreneur and investor has given him a unique perspective on the challenges and opportunities facing young companies today. Yousuf's ability to identify promising startups and help them grow has made him a valuable asset to the global startup community.

In conclusion, Dadvan Yousuf is a young visionary who has made significant contributions to the cryptocurrency industry. His fight against the old banking system, his reputation as the new Elon Musk, his skill as a Bitcoin trader, and his place on Forbes 30 under 30 are just a few of the many positive and balanced facts about this rising star. While his success is certainly impressive, it is important to approach the industry with caution and to recognize the potential risks involved.

Dadvan Yousuf

Public Relations Office

Switzerland

See the original post:

Dadvan Yousuf A Young Visionary in the Cryptocurrency Industry - EIN News

The cryptocurrency market is experiencing wild swings in volatility. However, despite the short-term setbacks, the space continues to grow and evolve rapidly, and new projects emerge constantly.

Amongst the most promising of these digital currencies are Huobi Token (HT) and Collateral Network (COLT). Analysts have identified these assets as possible top performers in the next year, with Collateral Network (COLT) notably set to surge by over 35x over the course of presale.

>>BUY COLT TOKENS NOW<<

Huobi Token (HT) is a crypto token that is closely tied to the Huobi Group, a leading global digital asset exchange. Huobi Token (HT) has a wide range of utilities, from trading fee discounts to increased liquidity.

Huobi Token (HT) is expected to see increased demand in the near future, driven largely by the increasing demand for Huobis products and services. As an exchange token, the performance of Huobi Token (HT) is largely dependent on the success and growth of the Huobi exchange.

As the exchange expands and adds new features and services, it could attract more users and traders, which could increase the demand for Huobi Token (HT). Additionally, Huobi Token (HT) is expected to benefit from the increasing popularity of decentralized finance (DeFi) projects and applications. If this comes to pass we may see Huobi Token (HT) thrive in the near future.

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT) is a blockchain-based crowdlending platform that allows users to borrow money by using their physical assets as collateral. Collateral Network (COLT) provides access to lending without the need for traditional financial institutions.

One of the key benefits of COLT is that it allows users to retain ownership of their assets while accessing the financial resources they need. The Collateral Network (COLT) platform uses fractionalized NFTs (fNFTs), representing a fraction of an assets value. Lenders can then buy these fNFTs as a form of crowdlending for borrowers loans.

The Collateral Network (COLT) platform is powered by the Ethereum (ETH) blockchain, allowing it to seamlessly connect lenders and borrowers and ensure secure transactions. The blockchain-based platform also eliminates the need for third-party intermediaries and associated fees. This makes Collateral Network (COLT) more cost-efficient than traditional financial institutions.

With COLT, users can borrow against a variety of assets including real estate, fine art, jewelry, and more. The platform utilizes smart contracts and the transparency of the blockchain to facilitate the lending process.

Overall, Collateral Network (COLT) is a unique and innovative platform that leverages the power of blockchain technology to create a more efficient and accessible lending market, and as it seizes this new niche experts predict that the native COLT token could rise by up to 3500%.

Analysts are optimistic about the future of Collateral Network (COLT) as it stands to benefit from the increasing popularity of DeFi projects in the coming years. This quickly expanding DeFi space should provide ample opportunities for growth and success.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Disclaimer:This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Follow this link:

Huobi Token (HT) and Collateral Network (COLT) Are Top Cryptocurrency Assets For 2023 | Bitcoinist.com - Bitcoinist