These two paragraphs from a news item out of Sweden are telling of where the world is at with social media and why a safe place like this is absolutely essential if you are an investor not just in Brainchip but in any ASX stock:
"The mission of the Swedish psychological defence agency, which has around 45 staff and is expected to grow, is to “safeguard our open and democratic society, the free formation of opinion, and Sweden’s freedom and independence.”
Citing the 2016 US election and attempts to interfere with the
2017 election in France – which last year set up a similar agency to combat foreign disinformation and fake news – as examples, Hjort said: “Authoritarian states have for years been trying to influence elections
. The difference today is that through social media you have better opportunities to influence people. That’s why we need to have the capacity to monitor for an interference in our democracy.”
When governments like those in Sweden see national security being dependent upon preventing misinformation in Social Media then what we witness every day across all the social media platforms where individuals with nothing to commend them but a web site and a business name with the word Capital in it offering so call informed expert advice the public as to what is a good and or bad investment we should be very concerned about where this will lead and start to take back the credibility high ground.
My son who worked in senior roles at the FCA in the UK before moving to the Bank of England and now into private enterprise made me aware of so many proven and successfully prosecuted corrupt schemes engaged in by the so called big end of town and the huge bonuses paid by the so called golden circle companies who were reaping the rewards and turning blind eyes and covering up the activities of their traders was horrifying and convinced me that the only person I could trust where my money was concerned was myself and at times I even worry about me.
My opinion only DYOR
FF
AKIDA BALLISTA