CEO of Atlanta Transit System Steps Down After Delay in Getting Green Card
Collie Greenwood, a Canadian who's chief executive officer of the Metropolitan Atlanta Rapid Transit Authority, took early retirement after his work permit expired and he waited on a green card, according to a statement on Thursday from the agency.
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Best Buy Clears Out HP 15.6″ Chromebook, This Laptop Might Be Cheaper Than Your Tablet
Getting a good Chromebook can be a big help for a lot of people. Whether you're after one for a little bit of working from home, or even while commuting, or you're just looking to make studying easier, a solid Chromebook can really help. While they can be pricey, you can find some absolutely amazing deals if you know where to look. Right now, Best Buy has a deal that knocks $180 off of this HP 15.6-inch Chromebook Laptop, which means that instead of the usual price of $429, it's currently down to just $249. That's a bargain in our books, but it's also a deal we're not expecting to stick around for very long. See at Best Buy While Chromebooks aren't very well-suited to really heavy-duty computing, things like gaming and the like, they're perfect for pretty much everything else. As long as you're happy working on the cloud and keeping stuff online, a good Chromebook can be a huge help when it comes to work, study, and even chilling out while watching some TV shows or films. This one is from HP, which means you know you're getting a quality device, which is always nice. It boasts 8GB of RAM, which should be more than enough to let you do reports or research as you need, and it's a great way to use sites where the processing power of the device itself isn't all that relevant. So, co-working on a Google Sheet or just watching your favorite streaming service will be a blast on this device. It's built to be highly portable, which is essential with a device like this, because you're very likely to be using it while on a train, bus, or just while working in a cafe or something. It's nice to have the freedom it offers, and of course, it also has really solid WiFi functionality as well, which means you can do your work wherever there is a signal. It only has 64GB of storage, which isn't a huge amount, but it just means you should lean more into what the Chromebook is good at, which is sticking to the online world. There's no doubt that this device is worth the normal price of $429, so being able to get it for just $249 instead is a chance you shouldn't miss out on. There's no telling when this deal will end, so if you want it, grab it quickly. See at Best Buy
Entrepreneur
a minute ago
- Entrepreneur
America Needs a Bitcoin Reserve — Here's Why
The U.S. has released its most comprehensive digital-asset policy yet, the 160-page Crypto Playbook. The initiative holds promise and invites further discussion in the world of digital assets. Opinions expressed by Entrepreneur contributors are their own. On July 30, the U.S. released its most sweeping digital-asset policy framework to date: a 160‑page U.S. Crypto Playbook. While the report steers clear of new promises regarding a federal Bitcoin acquisition program, it renews attention on the Strategic Bitcoin Reserve, first announced in March — an initiative that could reshape America's financial posture. The newly published Crypto Playbook is the most comprehensive digital asset policy guide the U.S. has ever produced. The report outlines strategic goals around stablecoin regulations, DeFi innovation, digital infrastructure, consumer protections and financial literacy. Highlights include endorsement of the bipartisan GENIUS Act, laying regulatory ground rules for crypto exchanges; clarification of jurisdiction between the SEC and CFTC via the proposed Clarity Act; and recommendations for tax treatment of staking income, mining equipment depreciation, and wash-sale exemptions. But the most headline-grabbing omission? No fresh policy announcement regarding the Strategic Bitcoin Reserve. Despite speculation, the Playbook simply restates the administration's March 6 directive to consolidate all seized Bitcoin into a national reserve, while remaining silent on future acquisitions. For many in the crypto community, the message is clear: the idea isn't dead, but it's still taking shape. Related: Why Not Owning Bitcoin is Making You Poor What we know about the reserve so far In March, an executive order directed U.S. agencies to begin aggregating all federally seized Bitcoin into a single account under the Department of the Treasury. The U.S. currently controls an estimated 200,000 BTC, mostly obtained through forfeitures linked to cybercrime and darknet operations. Rather than liquidating these holdings at auction (as has been common practice for years), the White House policy marks a significant pivot: treat Bitcoin like a sovereign asset, not a liability. While today's Playbook did not mention any direct purchases or operational updates, the crypto industry remains optimistic. As one policy advisor put it, "They've already laid the foundation. We're just waiting for them to build the house." According to a reporter present at the event, the Treasury Secretary emphasized the growing role of digital assets in global finance and outlined the administration's commitment to regulatory modernization. A key theme from his speech was the need to "reinforce dollar dominance through stablecoins and modernize banking regulations for digital assets." His comments reflect the administration's broader strategy, as outlined in the newly released U.S. Crypto Playbook, to position the United States as a global leader in blockchain innovation while safeguarding national financial stability. The event drew senior policymakers, industry leaders, and regulatory officials, many of whom welcomed the remarks as a turning point in the federal government's tone toward crypto. This affirmation of support marks a pivotal moment, suggesting that Washington sees the maturation of Bitcoin and stablecoins not as a threat to the dollar but as a tool to strengthen its role in a rapidly digitizing global economy. Related: Exploring Bitcoin As a Retirement Investment Avenue Why America needs a Bitcoin reserve At a time of rising geopolitical friction, debt uncertainty and de-dollarization efforts by global rivals, a Bitcoin strategic reserve offers the U.S. several vital advantages. Just as gold once anchored the monetary system, Bitcoin now serves as a decentralized, censorship-resistant store of value. A sovereign reserve positions the U.S. to weather inflation, monetary dilution and foreign central bank diversification. Nations like China and Russia have been quietly offloading U.S. Treasuries and accumulating gold. If a currency crisis or dollar liquidity shock ever emerged, a Bitcoin buffer could serve as a geopolitical hedge with instant global liquidity. America's dominance in technology is already being challenged by decentralized finance and token-based commerce. A strategic reserve signals leadership in digital capital formation, making the U.S. more attractive for Web3 entrepreneurs and fintech investment. While U.S. sanctions have long used the dollar as a weapon, adversaries are actively seeking alternatives. A Bitcoin reserve gives the U.S. a tool of resilience, rather than dependence on legacy systems vulnerable to fragmentation. By leveraging forfeited BTC from criminal seizures, the reserve grows without costing taxpayers a cent — a rare bipartisan win with massive asymmetric upside. In short, a Bitcoin reserve isn't about speculative gain. It's about future-proofing national strength. Related: A Bitcoin Hot Girl Summer — Will Bitcoin's Success Continue? Skepticism — and strategy — remain Of course, not everyone is on board. Economists have voiced concern that Bitcoin's volatility makes it an unstable strategic asset. A recent University of Chicago poll found that over 70% of economists do not believe such a reserve would reduce national economic risk. Global reaction has also been cautious. European and Asian officials have warned that a U.S. crypto reserve could destabilize existing foreign exchange reserves and provoke retaliatory monetary policies. And then there are the technical and ethical questions: Who controls the keys? Can sovereign actors manipulate Bitcoin? Should the reserve be disclosed in real time? The answers remain murky. What happens next Under the March order, agencies have until late September to deliver implementation frameworks to the Treasury. Legislative allies in Congress have already floated the BITCOIN Act, which would authorize a broader reserve and explore alternative funding strategies, potentially including gold-for-BTC swaps. Until then, the Strategic Bitcoin Reserve will remain more symbol than substance. But for crypto advocates, that symbol is growing heavier by the day.
Entrepreneur
a minute ago
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AI Startup Cursor Has a No-Shoes Policy in the Office
Stepping into Cursor's San Francisco office means stepping out of your shoes. Ben Lang, a Cursor employee who joined the $9.9 billion AI coding startup earlier this year, posted two pictures to X on Tuesday showing racks filled with shoes, plus sneakers and slip-ons strewn across the floor. The destination was not someone's home, but rather the Cursor office in San Francisco, which has a no-shoes policy. And while this might seem odd to the typical 9-to-5er, it's actually quite common in Silicon Valley. Related: This AI Startup Spent $0 on Marketing. Its Revenue Just Hit $200 Million in March. "I've only worked at startups that have a no-shoes in office policy," Lang posted, adding that he had worked at Notion, an AI workspace startup, in addition to Cursor. "Curious which other companies do this." Lang compiled what he called a "comprehensive" list of 26 startups with no-shoes policies, including Lovable, a company that helps users build websites and apps with AI, and reMarkable, a paper tablet startup. Andrew Hsu, co-founder of language-acquisition app Speak, chimed in on Lang's post on X, stating that Speak had "done this for years," even offering employees a stipend for slippers. Lang wrote on X that Cursor also provides slippers to wear around the San Francisco office and offers shoe covers as well. Speak's no-shoes policy began in 2019 because its first market was South Korea. The startup wanted to "pay homage to the traditional Asian culture of no shoes inside," a Speak spokesperson told Business Insider. Another reason why no-shoe policies are popular in Silicon Valley is that many startups begin in someone's home, where shoes aren't worn inside. According to a 2023 CBS News/YouGov survey, the majority of Americans (nearly two-in-three) take off their shoes when they are in their own homes. Related: The Fastest-Growing Startup Ever Just Surpassed $500 Million in Annual Revenue. Here's Why It Keeps Growing, According to Its CEO. Experts say taking off your shoes can leave unhealthy contaminants at the door, but that still doesn't mean you should be barefoot, which could lead to injury and infection. However, despite the drawbacks, the trend of not wearing shoes in the office has persisted for a number of years, beginning before the pandemic. BI reported in 2019 that companies like Notion and Gusto, a payroll platform, offered workers the perk of slipping off their shoes at the front door. One startup founder, Kyle Sherman of software platform Flowhub, went even further than no shoes by banning pants in the office as well (though shorts are mandatory). "We are no shoes and no pants culture," Sherman wrote in a post on X. "Shorts are required though."
