In 2017, David published his first book on the crypto space, dubbed Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts. WWG1WGA is a QAnon catchphrase. Interestingly, though, when Libra first made its public debut, the project was far from finished: “Facebook basically decided, ‘well, we’ll go live; I’m sure it will be fine,’” David said. Moreover, Facebook is not merely providing a platform to QAnon groups. The company also claimed that “all of the Pages” and “the vast majority of Groups” documented by the Guardian had been removed from recommendation algorithms prior to the Guardian’s query. An Emporium of delights! Uscinski also cautions against overly exoticizing the QAnon narrative, noting that “most of the component parts of QAnon have been around forever”, with parallels in the Satanic Panic of the 1980s or the plot of Oliver Stone’s JFK. That's dangerous. What's Down The Rabbit Hole ? Meanwhile, “they hadn’t finished their software, and they hadn’t finished their economic plan, but they decided to release them anyway.”, Are Alternative Payment Methods the New Banking King?Go to article >>. To enact a blanket ban akin to Reddit’s under its current rubric of rules, Facebook would likely have to designate QAnon as a “dangerous organization” – the category it uses to ban both terrorist and hate groups and any content published in support or praise of them. Larry Cook, the administrator of Stop Mandatory Vaccination, one of the largest anti-vaxx Facebook groups, has begun incorporating QAnon rhetoric into the medical misinformation he peddles, as well as making explicit invitations to QAnon believers to join his group. Facebook’s algorithms appear to have detected this synergy between the QAnon and anti-vaccine communities. Facebook has been reluctant to appear in any way biased against Republicans, and if (or when) QAnon reaches Congress, it will be even more politically difficult for Facebook to take a stand. An Emporium of delights! Perianne Boring Speaks, US Elections, COVID, Zombies, & Bitcoin: Miko Matsumura & Alex Mashinsky, Whatever Happened to Facebook’s Libra? “Once I started liking those pages and joining those groups, Facebook just started recommending more and more and more and more, to the point where I was afraid to like them all in case Facebook would flag me as a bot,” said Friedberg. “Therefore, when Facebook brought this Libra scheme out, with all of these esoteric ideas that most people didn’t understand,” regulators were not exactly pleased. “Every chance he’s ever had, he breaks privacy and leaks information, and then apologizes for it and does it again,” he said. Please check your inbox for our authentication email. Down The Rabbit Hole is allowed to give away 2 Golden Circle tickets on Facebook, allowing the band to see you at home and virtually get you into the show. “Sometimes it happens inadvertently; sometimes it happens deliberately.”, For example, when Ecuador dollarized in the early 2000s, “they had hyperinflation, and everyone started using dollars instead of their local currency, and the government went, ‘fine, we’ll just make the dollar the currency.’ So, the Ecuadorian currency is now the US dollar.”, “The thing is that Libra-ization could happen the same way,” David said. 3K likes. “So Eric Trump posted a pic with a ‘Q’ in the imagery,” an administrator of one of the larger QAnon groups wrote. It appears that anti-vaccine propagandists are also taking notice, and attempting to capitalize. Indeed, Trump himself has repeatedly retweeted QAnon accounts on Twitter, which believers take as confirmation of their alternate reality. QAnon is a movement of people who interpret as a kind of gospel the online messages of the anonymous figure, ‘Q’. Facebook had. We will send instructions to reset Analyses by Gallagher, the social media researcher, and the New York Times demonstrated how QAnon groups fueled the viral spread of “Plandemic”, a 26-minute video chock full of dangerously false information about Covid-19 and vaccines. Her glitter is so sparkly and pretty and to top it off, the customer service is beyond amazing! And given the current state of the financial landscape across the globe, Libra could have easily become massive. It has a tiny currency. Down The Rabbit Hole Theatre Co., Ridgeway Ontario. Memes, videos and posts are often bigoted and disconnected from reality, but not all that different from the content that is shared in non-QAnon, pro-Trump Facebook groups. “But there is resiliency built in. QAnon did not disappear after Reddit pulled the plug, however. For more information, read our Down the Rabbit Hole with David Gerard. Instead, Facebook’s algorithms recommended a QAnon group to a Guardian reporter’s account after it had joined pro-Trump, anti-vaccine and anti-lockdown Facebook groups. “The regulators looked at Facebook’s plans and said, ‘you are not doing this,’” David explained. Despite the amount of mainstream media attention that Libra got around the time of its launch, David said that he believes that “Libra is not taken as seriously as seriously as it should be in the cryptocurrency world.” After all, “it was started by four Bitcoiners,” he continued. Music event in Ewijk, Netherlands by MOJO and Down The Rabbit Hole on Friday, July 2 2021 with 11K people interested and 4.8K people going. “Last month, we took down accounts, Groups, and Pages tied to this conspiracy theorist movement for violating our policies,” a company spokesperson said in a statement. Friedberg worried that it may already be too late. Down the rabbit hole: how QAnon conspiracies thrive on Facebook This article is more than 5 months old Guardian investigation finds more than … But, the story is much more complicated and interesting than that. McDermott: Hawley's populist demagoguery is a smoother form of Trumpism. And while YouTube and Twitter have played an important role in providing a broadcast platform for QAnon content, the specific structures provided by Facebook are uniquely suited to the participatory “work” of engaging with QAnon. Some groups changed their names, substituting “17” for “Q” (the 17th letter of the alphabet); others shared links to back-up accounts on alternative social media platforms with looser rules. Thursday 6 August at 15 pm we'll let you know who the winners are. But, he somehow missed that Libra’s plan recreated the conditions that caused the 2008 financial crisis.”, Not to mention “all the regulation stuff,” David continued. 1.5K likes. In addition to these “Bitcoin ideas,” David explained that the creators of Libra “threw in a few ICO ideas,” such as “let’s have a token that you can buy to be an investor in Libra” and “let’s swing around trillions of dollars of reserve currency.”, In other words, “all of the things that you would see written on ICO papers in 2017.”, “The thing was, though, this is Facebook, and Facebook is huge,” David said. The new book serves as a definitive volume on Libra’s birth, growth, and the massive change in plans that Facebook was forced to make in order to preserve the project’s life. David also pointed out that Libra could have been particularly dangerous for countries with particularly small and fragile economies. David pointed out that France’s Minister of the Economy and Finance, Bruno le Maire, who happened to be in the middle of a live interview when the announcement was published, responded negatively to Libra literally “within minutes” of its first public appearance. Please open the email we sent you and click on the link to verify your account. Two days later, in a post that included a collage of dozens of news headlines about the takedowns, Q went further, speculating that there had been a “coordinated media roll-out designed to instill ‘fear’” in believers and dissuade them from discussing QAnon on social media. More than 100 Facebook pages, profiles, groups, and Instagram accounts with at least 1,000 followers or members each dedicated to QAnon. 2.9K likes. The uniformity of the response was amazing.”. The plan was that the interest in this reserve pile would be used to pay for the operational costs of the Libra network. In total, the documented pages, groups and accounts count more than 3m aggregate followers and members, though there is likely significant overlap among these groups and accounts. Today, QAnon remains unwelcome on Reddit, with the few subreddits that address it dedicated to either debunking the theory or providing support to people who have lost friends and family members to QAnon. In early May, QAnon braced for a purge. The pages and groups that were removed in early May violated the company’s ban on “coordinated inauthentic behavior” – ie the kind of digital astroturf tactics that Russian operatives used to support Trump’s presidential campaign in 2016. Today that group has grown to more than 90,000 members. encouraged to join a QAnon group by Facebook. While anti-government conspiracy theories were not new, the bulletin stated, social media was allowing them to reach a larger audience, and the online narratives were determining the targets of harassment and violence for the small subset of individuals who crossed over into real-world action. The company did not provide evidence for this claim, which is contradicted by screenshots of pages and groups appearing in recommendations that were taken in May. “Facebook is a unique platform for recruitment and amplification,” said Brian Friedberg, a senior researcher at the Harvard Shorenstein Center’s Technology and Social Change Project who has been studying QAnon for years. “It’s a potentially dangerous belief; it’s very disconnected from reality; I don’t really think we want more people getting into it,” he said of QAnon. with special focus on electronic trading, banking, and investing.Copyright © 2020 "Finance Magnates Ltd." All rights reserved. Instead, its believers moved on to other platforms, including YouTube, Twitter, Discord and – crucially – Facebook. Down the Rabbit Hole Wine Boutique, Sayville, New York. Partin said that he generally favored Facebook taking a “more aggressive approach to moderation”, including addressing the recommendation algorithms and trying to reduce the spread of misinformation out of dedicated conspiracy communities and into the mainstream. “We also remove Groups and Pages that violate other policies from recommendations and demote in search results. “Everything about our research suggests that these people are not irrational; they’re hyper-literate, even if they’ve come to beliefs that are empirically inaccurate ,” Partin said. Down The Rabbit Hole.Kefalonia, Argostólion, Greece. Libra’s entrance onto the global scene was made with the “move fast and break things” bravura that Facebook has become known for. We’re closely monitoring this activity and how our policies apply.”. your password. “Ever since 2008, the one thing that regulators fear is someone trying to do this again. Indeed, there have been numerous incidents of real-world violence linked to QAnon, and in May 2019, the FBI identified QAnon as a potential domestic terrorism threat in an intelligence bulletin. “So, when Facebook walked up with the Libra whitepaper, which basically had the same plan that led to the 2008 financial crisis, regulators weren’t happy with it.”, David called the whole thing “bizarre”: after all, “they have an economist, Christian Catalini. She searches for everything I ask and her prices are super fair. While Libra’s plans never explicitly say how big the project’s pile of reserve currency would get, “everyone’s guess was that the reserve would be on the order of a trillion dollars,” David said. Whether it was because of the spread of COVID-19, the tumultuous elections in the United States, the numerous natural disasters that plagued many parts of the world, things did not go as expected this year, trips were cancelled, events rescheduled; in the business world, fortunes were made and lost for completely unpredictable reasons. UPDATE - 20th August 2020 After excessive censorship, hugely reduced reach of this page, and eventually being banned by Facebook for not conforming to the Official Covid Narrative, I decided to leave Facebook and its insidious social engineering agenda. He’s an academic economist; he’s not foolish, he’s not uneducated. “That would be quite bad, because while the US dollar is maintained by the Federal Reserve for US interests…there is some sort of public service aspect to dollarization. And QAnon followers’ enthusiasm for misinformation is not confined to politics; as the coronavirus pandemic took hold, the groups became a hotbed for medical misinformation – something Facebook has claimed to be working hard to combat. At the time of the Reddit ban, one of the largest closed Facebook groups dedicated to QAnon, “Qanon Follow the White Rabbit” had 51,000 members, according to NBC News. Down The Rabbit Hole is a friendly, quirky environment located near bushey train station and bushey arches! ”enough to actually affect economies.”, David also pointed out that the plans for Libra in its early stages closely resembled “a money market fund,” in other words, “the things that were so popular in 2008, like Lehman Brothers and Bear Stearns. She just went on Facebook to check her status and fell down a rabbit hole and lost track of time. Cook has begun referencing the “deep state” and stoking fear of forced vaccination and “FEMA camps”. Because we know how to move numbers on a computer, and Libra would have to be a part of the financial system if it was going to work with ‘real money’.”. As a result, nearly a year after Libra 1.0 was announced, Facebook announced Libra 2.0, a new plan for a more scaled-down, regulatory-friendly financial network. 112 were here. “That’s partly because they have a fundamentally different epistemology to judge what is true and false.”. A prominent anti-vaccine propagandist appeals to QAnon followers. No.”. This is an excerpt that has been edited for clarity and length. Guardian investigation finds more than 3m aggregate followers and members support QAnon on Facebook, and their numbers are growing, Last modified on Sun 9 Aug 2020 16.03 BST. This is largely due to the activism of three dedicated conspiracy theorists who latched on to Q’s posts in the early days, according to an investigation by NBC News. The list of more than 100 QAnon groups and accounts was then generated by following Facebook’s recommendation algorithms and using simple keyword searches. FMTV: David Gerard, author of “Libra Shrugged: How Facebook Tried to Take Over the Money”, DeFi, "Money Legos," & Decentralized Identity: A Chat with Ontology, Why is US Crypto Policy So Important? Reddit had been central to the development of the QAnon movement, which began in October 2017 with the emergence of “Q” on 4chan, the anarchic image board that has served as a launching pad for memes and internet culture but also racist extremism and harassment campaigns. It had also long enjoyed and at times even earned a reputation as one of the danker cesspools of the social web, for years tolerating communities known as “subreddits” dedicated to sharing non-consensual sexualized images of women or advocating rape. “When a common sense of what is real and what is correct breaks apart, it becomes nearly impossible to reach a democratic consensus.”. The novelist Mark Twain tumbles down the rabbit hole of extremism. “Very few of the contemporary Q-following base actually need to engage with 8chan at all.”. You may have heard of them.”, David explained that in the years leading up to the 2008 financial crisis, money market funds were quite popular, ”the idea was that you would put your money with them, the fund managers would put them into super-safe investments, and you’d get a bit more money back out. “The pic has been taken down but the message was received!”, Why we are addicted to conspiracy theories, Republican QAnon conspiracy promoter picked to run for US Senate. Facebook had removed a small subset – five pages, six groups and 20 profiles – of the community on the social network, and as word of the bans spread, followers of Q began preparing for a broader sweep. 734 likes. We are a radio show airing on the odysy1.com radio network. He slid down a rabbit hole last night on the internet. For those individuals who truly believe in the QAnon narrative, the crimes of the “cabal” are so grievous as to make fighting them a moral imperative. 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