CryptoReview - Part 40

No, A 50% Tariff Doesn’t Mean A 50% Price-Hike | ZeroHedge

Post author:bitcointalk
Post published:15.04.2025
Post category:NEWS
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Authored by Randy White via AmericanThinker.com,

The tariff doomsday machine is roaring again. This time, it’s over talk of a 50% tariff on certain imports.

Predictably, the panic-peddlers are out in force, warning that such a tariff means retail prices will skyrocket 50%.

It’s an easy line to chant, but it’s wrong — flat wrong — and anyone with a basic grasp of economics should know (more…)

MAGA Trump Official Who Shuttered USAID & Wanted Deepest Cuts Fired After Clashes With Rubio: Report | ZeroHedge

Post author:bitcointalk
Post published:15.04.2025
Post category:NEWS
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One of the key architects of the Trump administration's campaign to slash foreign aid has been fired from the State Department after less than 90 days on the job, according to the WSJ, citing US officials.

Pete Marocco last month. Photo: kent nishimura/Reuters

Pete Marocco, who oversaw the closure of USAID and briefly led the foreign-assistance mission at State, worked closely with Elon Musk's Department of Government Efficiency (DOGE), yet at times clashed with (more…)

Vitalik Buterin Says Ethereum’s App Layer Needs “Good Social Philosophy” Most | ZeroHedge

Post author:bitcointalk
Post published:14.04.2025
Post category:CRYPTO
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Authored by Stephen Katte via CoinTelegraph.com,

Ethereum co-founder Vitalik Buterin argues it’s Ethereum’s application layer, not its infrastructure layer, where Ethereum needs “good social philosophy” the most.

The app layer is where developers build decentralized applications on top of Ethereum’s base infrastructure and where they make decisions about how these programs operate.

In an April 12 post on the social media platform Warpcast, Buterin responded to a user’s argument that Ethereum needs a new generation of developers rooted in Ethereum’s core values to renew itself. He argued that it’s the app layer that needs this more.

“Apps are 80% special purpose. What apps you build depends heavily on what ideas you have of what Ethereum apps, and Ethereum as a whole, are there to do for the world. And so having good ideas on this topic out there becomes crucially important,” Buterin said.

Source: Vitalik Buterin

In comparison, Buterin says a programming language like C++ may not be as influenced by the creator’s ideology, as it is a general-purpose tool that doesn’t have much surface to be made worse or improved by social (more…)