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Can Bitcoin Ever Become Smart? – CCN.com

Key Takeaways

Bitcoins Taprootupgrade laid the groundwork for Ordinals inscriptions. Many in the Bitcoin community expect the network to debut DeFi capabilities and smartcontract functionality directly onto its base layer with cryptographic advancement.

In April, a decentralized blockchain network Internet Computer Protocol (ICP) integrated threshold-Schnorr signatures to allow web3 applications on Bitcoin.

CCN spoke to Lomesh Dutta, Vice President of Growth at Dfinity, a contributor to Internet Computer blockchain, to understand if advancements in Bitcoin can make itsmart.

The Internet Computer Protocol (ICP) recently introducedBitcoinadvancementwhichwill potentially allowit to do more thanjusthandle payments.

During the integration in April, ICP claimed that its programs could interact with Bitcoin directly. It used a cryptographic method called Schnorr signatures.

The threshold-schnorr method can offer potential enhancements toBitcoinsnetwork by increasing efficiency and security, especially for multi-signature transactions. Traditional multi-signature transactions in Bitcoin require each participant to individually sign a transaction, which can be inefficient and costly as it increases the transaction size and potentially the fees. Threshold-Schnorr simplifies this by allowing a single signature to represent a transaction approved by multiple parties.

Dutta explains,Bitcoin uses twodifferentdigital signature cryptographic schemes: ECDSA and Schnorr. In themost simpleterms, a digital signature proves that the owner of the funds has authorized the spending of those fundsi.e.if you have to send your Bitcoin to someoneelseit needs to be digitally signed by you (using your private key).

Dutta states that a lot of recent developments onBitcoin, including digital assets and features, are using Schnorr signatures.According to him, ICP is also adopting threshold Schnorr signatures to allow it to manage various types of Bitcoin-related activitiessecurely.

The VP adds,This means that you can build any form of advanced smart contracts on Bitcoin involving these assets (BRC-20, Runes, Ordinals, ARC-20, etc.) in an extremely secure way with 1-2s transaction finality andextremely lowgas fees (fee could even be paid by developers, so bitcoin smart contract transactions can even become free for end users).

When it comes tosmart contracts capabilities, Bitcoinwas never consideredto be on the list. Ethereum became the firstsmartchainfollowed by other players like Solana and Cardano.

Dutta points out that while Bitcoin is a highly recognized and widely used cryptocurrency, itwasntcreatedwith the capability to support smart contracts directly. He adds thatBitcoinssystem has inherent limitations such as slow transaction processing, limited ability to handle large volumes of transactions, and highcosts associated with transactions. Therefore, it is less practical for developerstoeffectivelybuild and operate applications directly onBitcoinsplatform.

According to the Dfinity VP, ICP is being used to address some ofBitcoinslimitations. Firstly, ICP claims to check how much Bitcoin someone has and can also authorizeBitcointransactionsdirectly,without needinga middleman.

Thismeans ICP can potentially manage, send, and receiveBitcoinand other Bitcoin-based digital items. Secondly, ICP claims to provide an environment for creatingsmartcontracts by supporting developers and overcoming its design limitations around transaction speed, scalability, and costs.

When we asked Dutta what it could mean for Bitcoin, he said,It enables a plethora of use cases that have never been possible on Bitcoin earliersuchas decentralized exchanges (DEXs) offering BTC or BRC20 trading pairs, lending markets using Ordinals as a collateral, decentralized fundraisers accepting BTC, or Web3 SocialFi services allowing satoshis tobe sentvia chat messages!

According to Dutta, recent developments like Ordinals and BRC-20 tokensare designedto add new functions to Bitcoin, allowing it to handle different types of transactions and services.

More transactions also mean higher revenue for minerswhichis critical for the long-term security of Bitcoin (instead of simply relying on the assumption that price will continue to skyrocket),he added.

The answer to the question is No. Bitcoin itselfisntbuiltto function asa smartcontract platform. Bringingsmartcontract functionalities directly toBitcoinsbase layerisntstraightforward due to its design and the census challenges within the community.

Therefore, sidechains like RSK andLayer 2 solutionslike the Lightning Network bring additional functionalities to Bitcoin.

Dutta agrees thata smartBitcoin is a far-fetched idea when he says,Wedontneed to change Bitcoin to enable these functionalities. As a matter of fact it would be subject to major political and controversial debates if one were to implement changes in the core bitcoin architecture.

The VP suggests that to enablesmartcontract functionalities for Bitcoin,itsbetter to use separate systems rather than changingBitcoinscore structure.

The executive explains that the systems operate alongside Bitcoin without the need formiddlemen, relying only on thesecurity of theblockchainsthemselves.He highlights a current issue where some groups use insecure, centralized methods, known as bridges, to add functionalities to Bitcoin.

Dutta notes,Our biggest goal should be tostay away fromthese insecure bridges, a model that has lost billions of dollars for users.

Looking forward, Dutta dubsBitcoinand interoperability as two major themes. He states,Bitcoin is the most popular digital asset, with the most liquidityanditwill continue to be a dominant force in the web3 space.

Dutta pointed out that different blockchains have distinct features that make them useful for specific purposes.For example, Ethereumis often usedas a platform for executing and recordingcontracts and transactions.He emphasizes that Bitcoin, with its unique properties and recognition, will continue to beimportantand should be able to work in conjunction with other blockchains.

The goal for the blockchain industry is to achieve this interoperability in the most secure manner possible.Thiswill bring the trust of end users to our industry,Dutta added.

Advanced cryptographic techniques, such as threshold-Schnorr signatures,are enhancingBitcoinscapabilities. However, it is not directly on its core layer.

While Bitcoinitselfdoes not support these advanced functions natively due to its original design limitations, new technologiesare allowingsecure interactions with Bitcoin without intermediaries.Dutta highlights that these integrations enable the creation of smart contracts on platforms linked to Bitcoin, which can make transactions quicker and more cost-effective.

However,Bitcoinitselfcannot transform intoa smartcontract platform at this stage. Yet, these external advancements are vital as they circumventBitcoinsinherent constraints. By leveraging sidechains and Layer 2 solutions, Bitcoin can extend its functionalitywellbeyond its traditional role asdigital gold,supporting a broader array of applications.

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Flash News: OKX Ventures Announces Seed Round Investment in Arch Network, a Bitcoin-Native Application and … – PR Newswire

SINGAPORE, May 9, 2024 /PRNewswire/ --OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, has issued updates for May 9, 2024.

OKX Ventures Announces Seed Round Investment in Arch Network, aBitcoin-Native Application and Smart Contract Platform

OKX Ventures today announced its participation in the seed investment round for Arch Network, a Bitcoin-native application and smart contract platform.

Arch Network is the first Bitcoin-native application platform, enabling bridgeless DeFi on the world's largest blockchain. It is a parallelized, proof-of-stake network that leverages zero-knowledge proof (ZK proof) technology to enhance Bitcoin-native programmability. The network consists of a Rust-based zkVM, called the ArchVM, and a decentralized verifier network. Together, these components form a trustless execution environment directly within the Bitcoin blockchain, allowing for bridgeless trading experiences.

OKX Ventures Founder Dora Yue said: "We are delighted to invest in Arch Network, a Bitcoin-native application platform that takes inspiration from the SVM (Solana Virtual Machine). It utilizes parallelization and integrates ZK proof technology to facilitate dynamic, Turing-complete smart contracts on Bitcoin. This novel approach dramatically improves user experience and the trust assumptions made by Bitcoin users, enabling a smooth and frictionless experience while maintaining a trustless relationship with dApps and protocols."

For further information, please contact:

[emailprotected]

About OKX Ventures

OKX Ventures is the investment arm of the second-largest crypto exchange by trading volume and Web3 technology company OKX, with an initial capital commitment of USD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.

Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.

Find out more about OKX Ventureshere.

Disclaimer

SOURCE OKX Ventures

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Will Regulation Clip Ethereum: Navigating The Uncertain Regulatory Landscape For Ethereum Tokens In 2024 – Blockchain Magazine

May 9, 2024 by Diana Ambolis

208

Ethereum, the worlds second-largest cryptocurrency by market capitalization, is a powerful blockchain platform that fuels a vast ecosystem of decentralized applications (dApps) and digital assets known as tokens. However, a looming cloud of uncertainty hangs over this innovative landscape: government regulation. The Rise of Ethereum and its Tokenized Ecosystem Ethereums programmable blockchain allows developers to

Ethereum, the worlds second-largest cryptocurrency by market capitalization, is a powerful blockchain platform that fuels a vast ecosystem of decentralized applications (dApps) and digital assets known as tokens. However, a looming cloud of uncertainty hangs over this innovative landscape: government regulation.

The Rise of Ethereum and its Tokenized Ecosystem

Ethereums programmable blockchain allows developers to create smart contracts, self-executing agreements that power dApps in various sectors, from finance (DeFi) to gaming (NFTs). These dApps often rely on Ethereum tokens, digital units with specific functionalities within their respective ecosystems.

Ethereum, the second-largest blockchain by market capitalization, faces a complex challenge: fostering innovation while navigating an uncertain regulatory landscape. Heres a closer look at this tightrope walk:

The Allure of Innovation:

Smart Contracts and dApps: Ethereums programmability allows for the creation of smart contracts (self-executing agreements) and decentralized applications (dApps) that revolutionize various industries, from finance (DeFi) to supply chain management.

Open Source and Decentralized: Ethereums open-source nature fosters a vibrant developer community that continuously pushes the boundaries of blockchain technology. Decentralization is a core principle, aiming to distribute power and control away from centralized authorities.

A Breeding Ground for New Ideas: The permissionless nature of Ethereum allows anyone to build upon it, fostering experimentation and the exploration of groundbreaking concepts like DAOs (Decentralized Autonomous Organizations).

The Challenge of Regulation:

Uncertain Regulatory Landscape: Regulatory frameworks for cryptocurrencies and blockchain technology are still evolving globally. This uncertainty creates challenges for businesses and developers building on Ethereum, as compliance requirements remain unclear.

Concerns About Security and Scams: The anonymity associated with cryptocurrency transactions raises concerns from regulators about money laundering and illegal activities. Additionally, some DeFi projects on Ethereum have been susceptible to hacks and scams, highlighting the need for potential regulations to protect investors.

The Howey Test and Classification: The Howey Test, a legal framework in the US, classifies investment contracts as securities. Some regulators are scrutinizing whether certain Ethereum-based projects might fall under this category, potentially triggering stricter regulations.

Finding the Balance:

Self-Regulation Efforts: The Ethereum community is actively exploring self-regulation initiatives to address concerns about security and scams. These efforts demonstrate a commitment to responsible innovation within the ecosystem.

Collaboration with Regulators: Open dialogue and collaboration between the Ethereum community and regulatory bodies are crucial for establishing clear and workable regulations that foster innovation while mitigating risks.

Technological Solutions: The development of tools and technologies that enhance transparency and accountability on the Ethereum network can help address regulatory concerns without compromising decentralization principles.

Also, read Your Ultimate Guide To Blockchain Powered Data Exchange And Its Top 5 Benefits

The ever-evolving regulatory landscape surrounding Ethereum can be daunting for both developers and investors. Here are some strategies to navigate this uncertainty:

For Developers:

Stay Informed: Keep yourself updated on the latest regulatory developments related to cryptocurrency and blockchain technology. Resources like industry publications, legal forums, and conferences can be helpful.

Focus on Building Compliant Applications: While maintaining core decentralization principles, consider incorporating features that enhance transparency and accountability within your dApps. This could involve implementing Know Your Customer (KYC) procedures or collaborating with regulated entities.

Engage with Regulatory Bodies: Participate in discussions and contribute to shaping regulations. The Ethereum communitys voice can be influential in establishing fair and effective frameworks.

Consider Building Regulatory Compliance Tools: Theres a growing need for tools that help developers ensure their dApps comply with evolving regulations. Building such tools could be a valuable niche within the Ethereum ecosystem.

For Investors:

Conduct Thorough Due Diligence: Dont be swayed by hype. Research any Ethereum-based project youre considering investing in, understanding its underlying technology, purpose, and potential regulatory risks.

Diversify Your Portfolio: Spread your cryptocurrency investments across different assets, including established projects with strong track records. Avoid overexposure to highly speculative ventures.

Stay Up-to-Date on Legal Developments: Follow legal news related to specific projects or the broader cryptocurrency space. Understanding potential regulatory hurdles can inform your investment decisions.

Seek Professional Financial Advice: Consider consulting a financial advisor with expertise in cryptocurrency to navigate the complexities of this emerging asset class.

General Strategies:

Embrace Transparency: Both developers and investors should prioritize transparency in their activities. This fosters trust and can help mitigate regulatory concerns.

Prepare for Change: The regulatory environment is likely to remain fluid for some time. Be prepared to adapt your strategies as regulations evolve.

Advocate for Innovation: Support initiatives that promote responsible innovation within the Ethereum ecosystem, while ensuring regulatory compliance.

While the path forward is uncertain, staying informed, adapting to changing regulations, and prioritizing responsible development and investment practices will be key to success in the Ethereum ecosystem. By working together, developers, investors, and regulators can navigate this uncharted territory and unlock the full potential of Ethereums groundbreaking technology.

The question of how regulation will impact Ethereums future is a complex one. While regulations can stifle innovation, they can also bring much-needed clarity and legitimacy to the blockchain space. Heres a closer look at how regulation might even act as a catalyst for Ethereums growth:

Potential Benefits of Regulation:

Increased Investor Confidence: Clear and well-defined regulations can provide investors with more confidence in the Ethereum ecosystem. This could attract new institutional investors who might have previously been hesitant due to the uncertainty surrounding cryptocurrencies.

Reduced Risk of Scams and Fraud: Regulations aimed at combating money laundering and illegal activities could improve the overall security and stability of the Ethereum network. This would create a more trustworthy environment for users and developers.

A More Sustainable Ecosystem: Regulations could potentially address concerns about energy consumption associated with Proof-of-Work (PoW) mining, the current consensus mechanism used by Ethereum. This could encourage the adoption of more sustainable alternatives like Proof-of-Stake (PoS).

Mainstream Adoption and Integration: Regulatory frameworks that provide a path for compliance could lead to wider adoption of Ethereum by established financial institutions and businesses. This would integrate Ethereum technology into traditional financial systems, unlocking its potential for mainstream use cases.

A Catalyst for Innovation: Regulations can sometimes act as a catalyst for innovation. Developers might be spurred to create new solutions and applications that comply with regulations, further expanding the utility of the Ethereum network.

Challenges and Considerations:

Overly Restrictive Measures: Regulations that are overly restrictive could stifle innovation and hinder the growth of the Ethereum ecosystem. Finding the right balance between protecting investors and fostering innovation will be crucial. Striking this balance will require careful consideration of the potential consequences of regulations on the core principles of decentralization and technological advancement.

Maintaining Decentralization: Regulations that give too much control to central authorities could undermine the core principles of decentralization that underpin Ethereum. Striking a balance between regulation and decentralization will be a complex task. Regulatory frameworks need to be crafted in a way that safeguards users and promotes responsible development, without compromising the essence of a permissionless and distributed network.

Global Coordination Needed: The success of regulations will depend on a coordinated effort from governments around the world. A patchwork of regulations across different jurisdictions could create confusion and hinder global adoption of Ethereum technology. International collaboration among regulatory bodies will be essential to establish clear and consistent frameworks that promote responsible innovation on a global scale.

One of the major regulatory hurdles for Ethereum tokens is the Howey Test, a legal framework in the US that classifies investment contracts as securities. If certain Ethereum-based projects are deemed securities under the Howey Test, they might fall under stricter regulations akin to traditional stocks and bonds. This could significantly impact the development and operation of these projects.

Navigating the Uncertainty: A Multi-Stakeholder Approach

Despite the uncertainties, there are ways for Ethereum to navigate this complex regulatory landscape. Open dialogue and collaboration between the Ethereum community, regulatory bodies, and industry players are crucial. The Ethereum community can contribute by:

Regulatory Considerations for a Sustainable Future

For regulators, crafting effective frameworks requires a nuanced approach. Here are some key considerations:

The Road Ahead: A Potential Catalyst for Growth

While the immediate impact of regulation remains uncertain, its not all doom and gloom for Ethereum. Thoughtfully implemented regulations can bring several benefits:

A Collaborative Future for Ethereum

The future of Ethereum in the face of regulation hinges on a collaborative effort. The Ethereum community, regulators, and industry players all have a role to play. By fostering open communication, prioritizing responsible innovation, and crafting clear and adaptable regulations, they can ensure that Ethereum continues to thrive and reach its full potential. The year 2024 might not provide definitive answers, but it presents a critical opportunity to shape the future of Ethereum and usher in a new era of responsible and transformative blockchain technology.

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Microsoft’s next big cloud and AI investment is pouring billions of Euros into France – TechRadar

Tech giant Microsoft has declared its intention to invest a massive 4 billion ($4.3 billion) in France as part of the countrys Choose France initiative.

Company VC and President Brad Smith confirmed the news in an exclusive interview with Le Figaro.

Microsoft joins the likes of AWS, which has unveiled plans to invest 1.2 billion ($1.3 billion) into the countrys AI scene, though Redmonds hefty investment represents more than one-quarter of the countrys anticipated 15 billion ($16.3 billion) in investments coinciding with the event.

The majority of the investment will be channeled into the blossoming artificial intelligence sector in the country, with plans to establish a leading data center in Mulhouse, near the countrys eastern border with Germany and Switzerland.

Microsofts multibillion-dollar cash injection will run over the course of three years and will fund infrastructure, training for French citizens and support for the countrys AI startups.

Over the course of the past couple of years, France has secured itself a position as the top choice for many artificial companies and startups thanks to its strong research foundations, government support initiatives and strategic location.

French startup Mistral AI has already been supported by Microsoft, having received a 15 million ($16.2 million) investment as part of a partnership between the two firms.

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The companys sizeable investment, clearly appreciated by the countrys AI and cloud computing sector, isnt without an opposing view, though.

Microsoft is under mounting pressure in France and the EU over its unfair business practices that have led it to snap up a significant share of the market. Frances own cloud companies formed part of a group of firms tackling Redmonds dominance.

Besides this being a routine investment, just like a number of other major companies during the Choose France event, many are speculating whether Microsofts 4 billion sum could be an effort to pacify antitrust regulators.

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LLM services are being hit by hackers looking to sell on private info – TechRadar

Using cloud-hosted large language models (LLM) can be quite expensive, which is why hackers have apparently begun started stealing, and selling, login credentials to the tools.

Cybersecurity researchers Sysdig Threat Research Team recently spotted one such campaign, dubbing it LLMjacking.

In its report, Sysdig said it observed a threat actor abusing a vulnerability in the Laravel Framework, tracked as CVE-2021-3129. This flaw allowed them to access the network and scan it for Amazon Web Services (AWS) credentials for LLM services.

"Once initial access was obtained, they exfiltrated cloud credentials and gained access to the cloud environment, where they attempted to access local LLM models hosted by cloud providers," the researchers explained in the report. "In this instance, a local Claude (v2/v3) LLM model from Anthropic was targeted."

The researchers were able to discover the tools that the attackers used to generate the requests which invoked the models. Among them was a Python script that checked credentials for ten AI services, analyzing which one was useful. The services include AI21 Labs, Anthropic, AWS Bedrock, Azure, ElevenLabs, MakerSuite, Mistral, OpenAI, OpenRouter, and GCP Vertex AI.

They also discovered that the attackers didnt run any legitimate LLM queries in the verification stage, but were rather doing just enough to find out what the credentials were capable of, and any quotas.

In its news report, The Hacker News says the findings are evidence that hackers are finding new ways to weaponize LLMs, besides the usual prompt injections and model poisoning, by monetizing access to LLMs, while the bill gets mailed to the victim.

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The bill, the researchers stressed, could be quite a big one, going up to $46,000 a day for LLM use.

"The use of LLM services can be expensive, depending on the model and the amount of tokens being fed to it," the researchers added. "By maximizing the quota limits, attackers can also block the compromised organization from using models legitimately, disrupting business operations."

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"You’re Indian": US Author On Why She Wouldn’t Vote For Vivek Ramaswamy – NDTV

Vivek Ramaswamy and Ann Coulter in his podcast

Indian-American Republican leader Vivek Ramaswamy was told by American author Ann Coulter in his podcast that she wouldn't have voted for him in the US presidential election because he is an "Indian".

Later, Mr Ramaswamy in a post on the microblogging website X said he respects Ms Coulter because "she had the guts to speak her mind."

"Ann Coulter told me flat-out to my face that she couldn't vote for me 'because you're an Indian,' even though she agreed with me more than most other candidates. I disagree with her but respect she had the guts to speak her mind. It was a riveting hour. The TRUTH podcast is back," Mr Ramaswamy said in the post.

From the beginning of the podcast, Ms Coulter went on to take swipes at the Indian-American leader who tried to run for US President, but had to eventually support Donald Trump's candidature.

"... Fantastic opening monologue. I too am a fan of yours. I am going to make a point to make it fun. You're so bright and articulate. I guess I can call you articulate since you're not an American black - can't say that about them, it's derogatory - I agree with many, many things you say probably more than most other candidates. But I still would not have voted for you because you're an Indian," Ms Coulter said.

In announcing the podcast, Mr Ramaswamy clearly mentioned the discussion between the two had some 'interesting' bits.

"Ann Coulter challenged me. I challenged her. This episode will challenge you. You're not going to want to miss it," he had posted on X.

Back when Mr Ramaswamy announced he would run for president and would be Mr Trump's replacement, Mr Trump had largely avoided criticising the Indian-American leader due to his strong praise and defence of the former US President.

However, the criticisms started mounting as voters started making their voices heard in the first-in-the-nation caucuses, and as Ramaswamy became more direct in laying out the case for why he was the Trump alternative.

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Ann Coulter Tells Vivek Ramaswamy She Wouldn’t Vote for Him ‘Because You’re an Indian,’ Straight to His Face | Video – Yahoo News UK

Ann Coulter told Vivek Ramaswamy that she wouldnt have voted for him to be president because of his ethnic background as a child of Indian immigrants.

Oh, and I agreed with many, many things you said, during [your monologue] in fact, probably more than most other candidates when youre running for president, but I still would not have voted for you, because youre an Indian. Well get back to that, Coulter said after listening to Ramaswamys opening remarks about nationalism.

Ramaswamy, who was born in the United States, invited the conservative media commentator onto his podcast series The Truth Podcast, where the two were set to discuss the concept of nationalism, its tiers, the history of the idea and how immigrants fit into the movement as it relates to their ethnicity.

Before digging in with her comments, she complimented his introduction to the episode, which was titled Ann Coulter on the N Word: Nationalism.

That was a fantastic opening monologue. I, too, am a fan of yours, though Im going to make a point of disagreeing with you so that it will be fun. You are so bright and articulate, and I guess I can call you articulate since youre not an American Black, Coulter said as Ramaswamy chuckled. Cant say that about them. Thats derogatory. That was a great opening segment, lots of things to talk about there.

The two did eventually make their way back to Coulter saying she wouldnt have voted for Ramaswamy. While he said he feels citizenship should be based around someones loyalty to the nation theyre part of or the nation they wish to be part of, Coulter explained what she believes in takes to be an American citizen.

The core around which the nations values were formed, is the WASP (White Anglo-Saxon Protestant). Weve never had a president, who didnt have at least partial English ancestry, she uttered.

On that axis of citizenship, what does ethnicity have to do with the matter? I think youd be well-served, and maybe this could be a great platform for you to do it, to make the case for why that what you put it WASP-basis for the American identity, Ramaswamy replied.

Anyone can adopt this. President is different. You have to be national-born, as you know. Im only talking about president of the United States, Coulter continued, saying she believes the presidency should only be given to someone who is a natural-born-citizen and that lots of our very best immigrants do not understand the Second Amendment or the First Amendment.

It was so important that you had this deep, generation-wide loyalty, Coulter said. Its noticeable that large percentages of immigrants, and children of immigrants, really dont get that. And I think that is the point of having natural-born-citizens only for president.

Ramaswamy launched his run for presidency on Feb. 21, 2023, as a candidate in the 2024 Republican primary. The 38-year-old dropped out on Jan. 15 and later fully endorsed Donald Trump.

The post Ann Coulter Tells Vivek Ramaswamy She Wouldnt Vote for Him Because Youre an Indian, Straight to His Face | Video appeared first on TheWrap.

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Ann Coulter Tells Vivek Ramaswamy She Wouldn't Vote for Him 'Because You're an Indian,' Straight to His Face | Video - Yahoo News UK

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Ann Coulter Tells Vivek Ramaswamy She Wouldn’t Vote for Him ‘Because You’re an Indian,’ Straight to His Face – TheWrap

Ann Coulter told Vivek Ramaswamy that she wouldnt have voted for him to be president because of his ethnic background as a child of Indian immigrants.

Oh, and I agreed with many, many things you said, during [your monologue] in fact, probably more than most other candidates when youre running for president, but I still would not have voted for you, because youre an Indian. Well get back to that, Coulter said after listening to Ramaswamys opening remarks about nationalism.

Ramaswamy, who was born in the United States, invited the conservative media commentator onto his podcast series The Truth Podcast, where the two were set to discuss the concept of nationalism, its tiers, the history of the idea and how immigrants fit into the movement as it relates to their ethnicity.

Before digging in with her comments, she complimented his introduction to the episode, which was titled Ann Coulter on the N Word: Nationalism.

That was a fantastic opening monologue. I, too, am a fan of yours, though Im going to make a point of disagreeing with you so that it will be fun. You are so bright and articulate, and I guess I can call you articulate since youre not an American Black, Coulter said as Ramaswamy chuckled. Cant say that about them. Thats derogatory. That was a great opening segment, lots of things to talk about there.

.@AnnCoulter told me flat-out to my face that she couldnt vote for me because youre an Indian, even though she agreed with me more than most other candidates. I disagree with her but respect she had the guts to speak her mind. It was a riveting hour. The TRUTH podcast is back https://t.co/neVjKSs6e9

The two did eventually make their way back to Coulter saying she wouldnt have voted for Ramaswamy. While he said he feels citizenship should be based around someones loyalty to the nation theyre part of or the nation they wish to be part of, Coulter explained what she believes in takes to be an American citizen.

The core around which the nations values were formed, is the WASP (White Anglo-Saxon Protestant). Weve never had a president, who didnt have at least partial English ancestry, she uttered.

On that axis of citizenship, what does ethnicity have to do with the matter? I think youd be well-served, and maybe this could be a great platform for you to do it, to make the case for why that what you put it WASP-basis for the American identity, Ramaswamy replied.

Anyone can adopt this. President is different. You have to be national-born, as you know. Im only talking about president of the United States, Coulter continued, saying she believes the presidency should only be given to someone who is a natural-born-citizen and that lots of our very best immigrants do not understand the Second Amendment or the First Amendment.

It was so important that you had this deep, generation-wide loyalty, Coulter said. Its noticeable that large percentages of immigrants, and children of immigrants, really dont get that. And I think that is the point of having natural-born-citizens only for president.

Ramaswamy launched his run for presidency on Feb. 21, 2023, as a candidate in the 2024 Republican primary. The 38-year-old dropped out on Jan. 15 and later fully endorsed Donald Trump.

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Ann Coulter Gets Racist With Vivek Ramaswamy – NewsOne

Source: Variety / Getty

On Wednesday, former GOP presidential candidate Vivek Ramaswamy and the poster child for unabashed racism and the Fox News Karen phenotype, Ann Coulter, got together for a nice, wholesome I Heart White Nationalism discussion, and, for whatever reason, they thought it was a thing the world needed to see, so it was aired on Ramaswamys podcast, Truth(which you can be sure is every bit as inappropriately titled as Donald Trumps Truth Social platform).

After absurdly identifying the word nationalism, as the N-word that youre not allowed to say anymore, Ramaswamy introduced Coulter as somebody Ive been fascinated by for a long time, and Coulter returned the compliment.

I too am a fan of yours, though Im going to make a point of disagreeing with you so that it will be fun, she said. You are so bright and articulateand I guess I can call you articulate since youre not an American Black, cant say that about them, thats derogatory.

First of all, Coulter literally couldnt get three full sentences into this discussion without bringing Black people up out of nowhere while we were somewhere minding our collective business in a way she may or may not have found to be articulate. Its amazing the way even the most passionately anti-Black white people can deny or mock the history of anti-Blackness that would contextualize the reason telling Black people they are so articulate is inherently racist.

Anyway, Ramaswamy laughed off the commentas one would expect from the guy who thinks Juneteenth is a redundant holiday because MLK Day already existsbut his facial expression changed up afterCoulter un-shockingly revealed that shes also demonstrably racist against brown people. Coulter admitted that shes so racist, in fact, that even though she agreed with Ramaswamy quite often during his bid for the Republican nomination for president, she never would have voted for him because he is not a white person.

I agreed with many, many things you said when you were running for president, but I still would not have voted for you because youre an Indian, Coulter said.

There is a core national identity that is the identity of the WASP, she continued, referring to the acronym for White Anglo-Saxon Protestant. And that doesnt mean we cant take anyone else in a Sri Lankan or a Japanese, or an Indian. But the core around which the nations values are formed is the WASP.

Now, Coulter may or may not have realized that she had just quite literally explained white supremacy in a nutshell while exemplifying the reasons critical race theory exists and DEI is still necessary, but she continued to discuss how the U.S. presidency has nearly always been as exclusively Caucasian as her dinner parties likely are, and Ramaswamy simply nodded along.

Hitler had soupthat doesnt mean we shouldnt have soup, Coulter said in a whitesplanation of why white nationalism should exist that could only be more neo-Nazi-esque if she has simply shouted, HEIL HITLER! NOW, BRING ME SOUP! Coulter also whined that the only people who are not allowed to be proud of their ethnic group do tend to be Anglo Saxons, despite the fact that she had just ranted about how the entire nations values are built around whiteness.

After the show, Ramaswamy posted on X that he disagreed with Coulter but he respects that she had the guts to speak her mind. (You know that one Django Unchained meme with Samuel L. Jackson distraughtly embracing Leonardo DiCaprio in their roles? Well, you know where Im going with that.)

Mind you, Ramaswamy once likened Democratic Rep.Ayanna Pressley to the modern KKK just because Pressley is a Black woman who is unabashedly pro-Black. Yet, here he is praising a loud and proud KKKaren who wears her pro-white racism right on her sleeve, and even after she told him to his face that hes too brown for the Oval Office, hes essentially responding like: OMG, youre such a brave little white supremacist, I love youuuuuuu!

Again, none of this is surprising. When Ramaswamy was running for president, he once, during a GOP debate, promoted the white nationalist great replacement theory, which theorizes that white people in America are being systematically replaced by non-white immigrants. Despite how Coulter spelled it out for him, its almost as if Ramaswamy is completely unaware that the face of the declared enemy in the great replacement theoryis his face.

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Ann Coulter Gets Racist With Vivek Ramaswamy - NewsOne

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Ann Coulter ‘Spews Racism’ At Vivek Ramaswamy: "I Would Not Have Voted For You Because You’re ‘Indian’! – India Currents

Right-wing commentator Ann Coulterjoined ex-GOP presidential candidate Vivek Ramaswamyon his podcast TRUTH on Wednesday and declared she would not have voted for him because hes Indian, even though she claimed to be a fan.

Coulter defended her stance which she claimed is rooted in the WASP (White Anglo-Saxon Protestant ) tradition on which the countrys national identity and core values are based.

Though she agreed with many of Ramaswamys views on the campaign trail added Coulter, I still would not have voted for you because youre an Indian.

Her bigoted remarks did not seem to faze Ramaswamy who introduced Coulter on the podcast as someone with thoughtful perspectives on the future direction of the country and the conservative movement.

Ramaswamy, a son of immigrants, dropped out of the presidential race after his campaign failed to get traction and went on to endorse former president Donald Trump.

Ramaswamy countered by arguing he and Coulter were both opposed to dual citizenship. Still, immigrants like him were likely to have more loyalty to the country than resentful seventh-generation WASPs.

However, one commentator on X called Ramaswamy out saying, Vivek, you made it clear that you want America to be more accessible to Indian immigrants at a time when immigration restriction is a popular issue. Ann is correct to point that you have a vested ethnic interest in facilitating the great replacement.

On the podcast, Coulter continued with unfettered racist comments about black Americans. She called Ramaswamy bright and articulate saying I guess I can call you articulate since youre not an American Black cant say that about them, its derogatory.

Her remarks drew the ire of readers on X who called her a bigot and Indophobic.

Ramaswamy later acknowledged Coulter on X for having the guts to speak her mind. @Ann Coulter told me flat-out to my face that she couldnt vote for me because youre an Indian, even though she agreed with me more than most other candidates.

Heres how we ended our 1-hour conversation, he posted, I told Ann its too bad weve reached a moment when many conservatives now define our views solely as a reactionary response to the left, instead of defining our own vision on our own terms. Theres a time & place to be reactionary, but its not an end in itself.

Ramaswamys reaction astonished Rep. Ted Lieu (D-Calif.). On X he posted I wasnt surprised that Ann Coulter made a racist statement about Vivek. What surprised me is the weakness and lack of self-respect of @VivekGRamaswamy. Hes actually promoting this episode and praising the person who spewed raw racism to his face. I feel sorry for Vivek.

This series was made possible in part by funding provided by the State of California, administered by theCalifornia State Libraryin partnership with theCalifornia Department of Social Servicesand theCalifornia Commission on Asian and Pacific Islander American Affairsas part of theStop the Hateprogram.

Originally posted here:
Ann Coulter 'Spews Racism' At Vivek Ramaswamy: "I Would Not Have Voted For You Because You're 'Indian'! - India Currents

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