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115 sats \ 4 replies \ @cryptocoin 27 Jul 2022 \ on: US Government Fails the Public again with Semiconductor Bill bitcoin
For want of a nail the shoe was lost. For want of a shoe the horse was lost. For want of a horse the rider was lost. For want of a rider the message was lost. For want of a message the battle was lost. For want of a battle the kingdom was lost. And all for the want of a horseshoe nail.
It's the same thing with the chips.
They are planing to end the dependence on TSMC. And in 10y they will betray Taiwan.
Putting the lives of honest and innocent Taiwanese people at risk just because their economical value has declined.
That's what fiat money and world reserve currency does to humans.
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TSMC wouldn’t be the behemoth it is now if intel actually cared to make chips here. Apple went to them for their iPhone chips intel was like naw we good let’s buy back some shares
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That's a very fair point.
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They are planing to end the dependence on TSMC.
TSMC is a huge beneficiary of this.
Taiwan official calls for approval of U.S. computer chip subsidies
https://www.washingtonpost.com/us-policy/2022/06/28/tsmc-arizona-construction-subsidies/
https://archive.ph/uq3oM
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