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OpenAI Launches GPT-4o with Enhanced Capabilities

OpenAI announced the release of its new AI model, GPT-4o, on Monday. Alongside the launch of this upgraded model, OpenAI introduced several enhancements, including a new desktop service and improved features for its voice assistant technology. New Features and Enhancements One of the advancements in GPT-4o is the improved quality and speed of ChatGPT’s capabilities in handling international languages. This enhancement allows for more efficient and accurate communication across different languages, broadening the accessibility and usability of the technology. In addition to language improvements, GPT-4o now supports the upload and analysis of images, audio, and text documents. This functionality enriches

X Corp. Files Defamation Suit Against Media Matters, Alleging Revenue Damage

In a legal battle that spotlights the intricate dynamics of social media, free speech, and advertising, X Corp., the company behind the social media platform X, has filed a lawsuit against the liberal media watchdog group Media Matters. The suit, lodged in the Northern District of Texas Fort Worth Division, accuses Media Matters of defamation and alleges that it manipulated the platform’s algorithm to harm X’s revenue stream.

Bitcoin Amsterdam 2023 – Day 1

Bitcoin Amsterdam 2023

The much-anticipated Bitcoin Amsterdam conference, Europe’s largest Bitcoin event, is kicking off today, bringing together top speakers from around the world.  The event promises to be a hub for thought-provoking discussions, insights, and announcements within the Bitcoin technology sector, and comes at a time when the world’s attention is focused on the FTX trial and the potential criminal conviction of its founder Sam Bankman-Fried. Headlining the first day of the conference are notable speakers who are set to share their perspectives on Bitcoin and its broader impact.  These include:  Furthermore, the conference is set to feature announcements from key players

CRYPTOSOVEREIGNTY

“Cryptosovereignty” by Erik Cason is available to pre-order from Bitcoin Magazine and will be released on 8/23/23. Cryptosovereignty is a collection of writer-analyst-philosopher Erik Cason’s essays exploring the philosophical ideals and intersections of Bitcoin, sovereignty, and cryptography in the 21st century. By approaching Bitcoin as a personal tool of self-sovereignty, Cason’s work evaluates the ontological ideals embedded in Bitcoin and how these ideals will change humanity for the better. When analyzed from the viewpoint of continental philosophy, a whole new way of understanding and thinking about Bitcoin emerges. The result about more than just money. It’s about the real personal power created through

Dystopian Data Collection or Digital AI Innovation?

Worldcoin, a new cryptocurrency project launched by the same team behind OpenAI has caught the collective attention of the digital ecosystem. But what is Worldcoin? Where did it emerge from? What potential promises and challenges does it hold? Why is it scanning iris’ with an orb? What is an orb? Founded over three years ago, Worldcoin was established with a lofty ambition: to create a new identity and financial network owned by every global citizen. The grand rollout commences today, paving the way for a venture that could ambitiously seeks to reshape economic opportunity on a global scale, address online

Bitcoin Advocates Polling Second on Both Sides of the Aisle

Witness a notable shift in the political sphere as Bitcoin advocates garner substantial bipartisan backing. Support for digital currency is gaining ground from different ends of the spectrum, reshaping the conversation around digital finance. Explore the evolving dynamics and implications of Bitcoin’s rising acceptance among diverse political circles, underscoring its growing relevance in today’s financial landscape.

Federal Reserve’s Instant Payment System, FedNow®, Goes Live

The Federal Reserve made a landmark announcement on Thursday, rolling out the FedNow® Service, a new system that will enable instant payments. This move is expected to overhaul the banking sector, allowing banks and credit unions of all sizes to instantly transfer money on behalf of their customers 24/7. Unlike consumer applications that enable instant peer-to-peer transactions, FedNow® isn’t a retail facing app in the traditional sense, it is a payment rails system that will enable banks with the ability to instantly move customer funds. More than 50 financial institutions, including powerhouses like JPMorgan Chase, Wells Fargo, and Peoples Bank,

A Harrowing Credit Tale: American Credit Scores Plunge Amid Mounting Debt

In recent years, tens of millions of American consumers have witnessed a significant boost in their credit scores. Thanks to government stimulus checks, low interest rates, and a pause on student loan repayments, an economic reprieve seemed to be in sight. However, that all seems to be unravelling as the nation confronts the abrupt plunge of credit scores.

The Fiat Standard: The Debt Slavery Alternative to Human Civilization

“The Fiat Standard: The Debt Slavery Alternative to Human Civilization” by globally acclaimed economist Saifedean Ammous is a rigorously constructed and thought-provoking examination of our current global monetary system. Building on his previous work, “The Bitcoin Standard,” Ammous continues to challenge conventional economic wisdom with a fierce intellect and unwavering conviction. In this formidable sequel to The Bitcoin Standard, Ammous navigates the intricate landscape of the fiat monetary system with a similar acuity he applied to Bitcoin. He examines the evolution from the gold standard to our present-day fiat system, presenting a comprehensive critique of its purpose, failures, and wider