Tech Brew Ride Home Mon. 08/09 – Congressional Crypto Crunch
Aug 9, 2021
The cryptocurrency industry is ramping up lobbying efforts over an upcoming infrastructure bill. Apple faces backlash over its controversial photo scanning plans, raising privacy concerns. Tesla's Cybertruck production faces delays, leaving fans disappointed. Meanwhile, new opportunities in angel investing emerge as people from diverse backgrounds dive into funding startups. Relaxed regulations and innovative platforms like AngelList are making investing more accessible than ever.
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Crypto's Lobbying Power
- Crypto lobbying is surprisingly influential in Washington.
- This new industry has leverage, impacting the infrastructure bill's wording.
Apple Photo Scanning Controversy
- Apple's photo scanning plan raises concerns about government overreach.
- Critics argue Apple could be forced to scan for more than CSAM content.
Cybertruck Delay
- Tesla's Cybertruck production is delayed until 2022.
- The delay affects all three Cybertruck models, impacting over one million preorders.