𝚁𝚎𝚟𝚎𝚕𝚊𝚝𝚒𝚘𝚗𝚜 𝚊𝚗𝚍 𝚁𝚊𝚋𝚋𝚒𝚝 𝙷𝚘𝚕𝚎𝚜

𝚁𝚎𝚟𝚎𝚕𝚊𝚝𝚒𝚘𝚗𝚜 𝚊𝚗𝚍 𝚁𝚊𝚋𝚋𝚒𝚝 𝙷𝚘𝚕𝚎𝚜

The boogeyman of CBDCs are nothing more than a distraction from the real financial surveillance and control threat: stablecoins. All of the stablecoin volume of significance happens on highly centralized blockchains, issued through highly centralized smart…

The Great CBDC Bait-and-Switch: How Stablecoins Could Become the New Surveillance Currency

While Trump is busy posturing against CBDCs, his administration is actively laying the groundwork for stablecoins to fill the exact same role. Same control grid, different branding.

Legislation like the bipartisan GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) is being fast-tracked with little public awareness. The bill aims to give legal clarity for banks and institutions to launch stablecoins backed by the U.S. dollar and other “super safe” assets like short-term treasuries.

Maxine Waters’ proposed version of the bill would give the Federal Reserve a tight grip on the leash. In contrast, the GOP’s versions offer more flexibility — but still push for global coordination and reciprocity with other countries’ stablecoin regimes. That doesn’t sound like decentralization. That sounds like a global surveillance coin with a shiny new label. – Article

That's exactly what it is. Good read.

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www.tgoop.com/Revelations_and_Rabbit_Holes/17739

16.6K viewsedited  Apr 3 at 15:14

The Great CBDC Bait-and-Switch: How Stablecoins Could Become the New Surveillance Currency

While Trump is busy posturing against CBDCs, his administration is actively laying the groundwork for stablecoins to fill the exact same role. Same control grid, different branding.

Legislation like the bipartisan GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) is being fast-tracked with little public awareness. The bill aims to give legal clarity for banks and institutions to launch stablecoins backed by the U.S. dollar and other “super safe” assets like short-term treasuries.

Maxine Waters’ proposed version of the bill would give the Federal Reserve a tight grip on the leash. In contrast, the GOP’s versions offer more flexibility — but still push for global coordination and reciprocity with other countries’ stablecoin regimes. That doesn’t sound like decentralization. That sounds like a global surveillance coin with a shiny new label. – Article

That's exactly what it is. Good read.

BY 𝚁𝚎𝚟𝚎𝚕𝚊𝚝𝚒𝚘𝚗𝚜 𝚊𝚗𝚍 𝚁𝚊𝚋𝚋𝚒𝚝 𝙷𝚘𝚕𝚎𝚜