Facebook and Google are the corrupt oligarchs of data

Last week the US House Judiciary Committee took time out from their busy schedule of impeaching Donald Trump to actually do something useful. They held a field hearing about the power of online platforms and spoke to witnesses specifically about Facebook, Google and Amazon. This was the title of the hearing:

Field Hearing: Online Platforms and Market Power, Part 5: Competitors in the Digital Economy

Date: Friday, January 17, 2020 – 10:00am
Location: 01/17/2020 10:00 AM MST
Tags: Antitrust

If you want to watch the whole thing, you can here (link). Fox had a good write up. All of the witnesses told compelling stories of how difficult it is to innovate in a market dominated by companies that have grown so huge. Throughout I heard a clear tension between business people who clearly want government to get out of the way and let them innovate, but a recognition that Google, Facebook and Amazon (in particular) have grown unnaturally large and are now a threat to innovation.

I pulled out the following clip by the CTO of software service provider Basecamp, David Heinemeier Hansson. He has decided not to use Facebook for advertising and he explains how that is so difficult to do. It is entirely analogous to a news site or prominent individual who choses not to be active on Facebook or is banned from it for whatever reason.

He’s arguing, and I completely agree with him, Facebook and Google managed to collect and gather a trove of personal information in an early gold rush. Most people had no idea they were handing over something this valuable in aggregate because individually they thought it a fair exchange for shiny beads and services. Amazon is also sitting on a similar power.

I no longer have access to Facebook and I absolutely know that for the kind of blog posts I write, I would receive something like 70% of my traffic from there if I merely had a Facebook mirror of my blog posts. Whether you’re buying adverts using their astonishingly intrusive targeting data, or just trying to have your thoughts heard, Facebook is the giant you can’t ignore. That’s one of the reasons why their ban on crypto advertising had such a devastating effect.

America doesn’t really have the same anti-trust regulations we’re using in Australia for our suit. Which is a pity, they don’t seem to know what to do. Toward the end of the hearing the politicians ask the panel what they suggest: the short version is they really don’t know what to do about it!

You can join the fight against the Tech Goliaths in two ways, you have a no win no fee claim or you wish to help finance the case.

⭐️ Please join the case if you held crypto and have a claim.

🏅 You can directly contribute crypto on Fundition. To send fiat currency via PayPal click here. If you want to talk about a large donation, Telegram or email me.

Facebook: Initial Crypto Ad Ban “intentionally broad to better understand the crypto market”

A few headlines for the progress JPB Liberty has made in our Crypto Ad ban class action case against Facebook, Google and Twitter:

  • Since July 1st the financial value of submitted claims has jumped from $30m to over $200m and are still streaming in;
  • We have more than 350 claimants;
  • We’re in discussion with established sources of funds for class action legal cases;
  • Significant private contributions to legal funds;
  • Written acknowledgement of our warning letter from Google Australia;
  • Significant press coverage.

We’ve gained more press coverage and sign ups to the suit have accelerated. People, especially Crypto insiders, are realising that what the tech Goliath did, by calling their entire industry a scam, was very wrong!

Up until now there seems to have been a sort of Stockholm syndrome mentality within crypto insiders. Some crypto insiders believe there were lots of scams and the whole industry needed to feel guilty about them. They just took the punishment from these huge mega corporations and felt they deserved some of it! Evidence just doesn’t back this up. We have to fight that mentality which seems to be a very strongly held belief in a myth. You can read more about why this is a hoax here.

This article in Decrypt contains a very interesting revelation from a Facebook spokesperson:

While the suit names Facebook, Google and Twitter directly, Hamilton said he considers Facebook the principle offender, and alleged that the tech giant instigated the ban.  

In comments to Decrypt, a Facebook spokesman who did not want to be quoted by name said the social network would look into any cases where unfairness is alleged. The spokesman added that the initial ban had been intentionally broad to better understand the crypto market; the intent had been to create clearer policy around what constitutes acceptable crypto advertising.

Decrypt – Sued for billions, Facebook is accused of killing crypto businesses by Ben Munster

The spokesman
added that
the initial
ban had been
intentionally broad
to better
understand the
crypto market;

Does this phrase: “the initial ban had been intentionally broad to better understand the crypto market” mean Facebook decided to ban an entire industry before they even understood it? That would be an astonishing admission. Or are they just gaslighting now?

In the meantime JPB Liberty has received an acknowledgement of our initial letter sent to Google in Australia. They confirmed Google Australia was talking with Google in the US and a few other details.

We were also covered by Nadja Bester of BeInCrypto with an excellent and detailed explanation of the case.

This video I recorded in Jerusalem was especially good at driving sign ups to our case.

Not directly connected with JPB Liberty’s case (but I did mention the Crypto Add Ban) I appeared on Block TV again talking about Brexit and Bitcoin.

If you want to join the fight, instructions below. We’re always looking for class members as no-win-no-fee participants and at the same time, if you want a financial stake in this project, you can send money by PayPal or various crypto and you will receive a cryptographic token representing your share in the damages.

You can join the fight against the Tech Goliaths in two ways, you have a no win no fee claim or you wish to help finance the case.

⭐️ Please join the case if you held crypto and have a claim.

🏅 You can directly contribute crypto on Fundition. To send fiat currency via PayPal click here. If you want to talk about a large donation, Telegram or email me.

If you derive value from my work, please consider donating some value my way. You can find all the details on the donation page.

People Are Starting To Notice JPB Liberty’s Massive Law Suit Against Facebook, Google and Twitter

Yesterday Andrew and I traveled a few minutes to meet up in Ramat Gan, one of Israel’s top business districts abutting Tel Aviv to visit startup Block TV and their beautiful studio and offices. Here’s the interview (you can also see it on their site).

Andrew laid out the case clearly and very well. He covered the basics of the actions taken by these companies and why Australia is such a good place to bring this case. I added some points about the deplatforming background of the social media Goliaths. If you want to deeply understand what’s really going on with advertisers dictating the moves of the tech Goliaths, you really should listen to this section of the No Agenda Show.

Back when Andrew first told me about this case, I told him to stop saying the case was worth $500Bn, nobody would believe him and he sounded like a Bond villain. As I’ve got deeper into the story I’ve realised that’s probably at the low end of what these companies have done. And when Facebook brazenly launched their Libra cryptocurrency, it became absolutely obvious that having destroyed journalism, and gobbled up global media advertising, these companies are fully intending to take over the world’s money supply.

Additional coverage in this round:

You can join the fight against the Tech Goliaths in two ways, you have a no win no fee claim or you wish to help finance the case.

⭐️ Please join the case if you held crypto and have a claim.

🏅 You can directly contribute crypto on Fundition. To send fiat currency via PayPal click here. If you want to talk about a large donation, Telegram or email me.

If you derive value from my work, please consider donating some value my way. You can find all the details on the donation page.

Podcast talks about responsible fairness at Google and JPB Liberty

I’m discussing the latest Project Veritas video and linking that to the Mundia Modia theory I’ve spoken of before (read the essay here).

Unfortunately, and this is something I’ve always struggled with because of the naming convention my friend used, I probably inverted Mundia and Modia in the explanation! Mundia is the real physical world, Modia is the world of interpersonal relationships between people. I don’t really like his terms, which is why I explained them at the beginning! I’m more Mundian than Modian. I suspect that what makes Trump so interesting is his ability to excel in both Modian and Mundian worlds.

The Sargon of Akkad video I mention is here on BitChute.

There’s also a short little explanation of what it is to be an Indigenous Jew in Israel… because I got some comments while I was filming this live.

You can join the fight against the Tech Goliaths in two ways, you have a no win no fee claim or you wish to help finance the case.

⭐️ Please join the case if you held crypto and have a claim.

🏅 You can directly contribute crypto on Fundition. To send fiat currency via PayPal click here. If you want to talk about a large donation, Telegram or email me.

Podcast thinks Facebook is trying to take over the banking system with Libra – can JPBLiberty stop them?

Today’s show is all about the Libra crypto currency and eco system announced by Facebook this week. The White Paper on this is, truly, a chilling document.

If you want more information or you want to help fund JPB Liberty’s law suit you can read more here and if you want to directly contribute to the funding, please get in touch with me, Telegram is a good way. If you want to contribute now and especially if you’re on Steem, take a look at the project’s Fundition page.

If you derive value from my work, please consider donating some value my way. You can find all the details on the donation page.

This is the extract from the Libra White Paper I read:

As we embark on this journey together, we think it is important to share our beliefs to align the community and ecosystem we intend to spark around this initiative:

  • We believe that many more people should have access to financial services and to cheap capital.
  • We believe that people have an inherent right to control the fruit of their legal labor.
  • We believe that global, open, instant, and low-cost movement of money will create immense economic opportunity and more commerce across the world.
  • We believe that people will increasingly trust decentralized forms of governance.
  • We believe that a global currency and financial infrastructure should be designed and governed as a public good.
  • We believe that we all have a responsibility to help advance financial inclusion, support ethical actors, and continuously uphold the integrity of the ecosystem.