I am going to complete a thread about Congress participation in Ram Mandir donation drive. It will be handy for Congress leaders to show voters from majority community when they ask the party to show their love for Shri Ram Ji.

Thread 👇

MP Congress secretary Vivek Khandelwal said he has collected Rs 70,000 over the last three days. He said the drive will continue until the end of January. https://t.co/TaG5gMN7Le
Ek Rupya Ram ke Naam': Congress' student wing starts drive to collect money for Ram temple construction.

https://t.co/81Qxh8zdCN
DCC vice president, a Congress leader inaugurates fund collection for Ayodhya temple. https://t.co/ywSsYa1Lxb
Digvijaya Singh Donates Rs 1.11 Lakh For Ram Temple. https://t.co/XFcEFOjFRM
Congress leader in Uttarakhand begins donation drive for Ram Temple. https://t.co/gJfMi78JPX
https://t.co/tBW8cjb1tU
Bhopal Congress workers on fund collection drive for Ram temple construction.

https://t.co/QVKnV5GaTN
Hardik Patel announces Rs 21,000 donation for Ram temple construction.

https://t.co/VqGkDX0uxf
https://t.co/Krj9rv8Ktb

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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
Recently, the @CNIL issued a decision regarding the GDPR compliance of an unknown French adtech company named "Vectaury". It may seem like small fry, but the decision has potential wide-ranging impacts for Google, the IAB framework, and today's adtech. It's thread time! 👇

It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details):
https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha

I've read it so you needn't!

Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.

The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.

Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.