James_Madison_Lives
Member
- Joined
- Apr 11, 2010
- Messages
- 2,956
Once they have a cashless society and the ability to shut off your "money", the government can demand anything from you, such as "vaccine compliance" from you and your children. Then they could be putting anything in you. Now this bill goes back to the House for final round of mark-up.
Where the hell is Tucker, who has spoken out against CBDC as a threat to freedom before? Is he too busy sucking Trump's dick now on Iran?
Tulsi Gabbard explains to Tucker Carlson what impact CBDC will have on freedom and liberty (view on Rumble)
Catherine Austin Fitts, & Editor-in-Chief of Bitcoin Magazine Mark Goodwin Explain Trump's New CBDC Slavery
Catherine Austin Fitts, former Bush Sr. administration official and investment banker:
"[Trump] “He is moving very, very fast…
..he said no CBDC’s… I don’t know if you’ve read the Genius Act which is the new plan for stable coins okay a CBDC is issued would be issued by the Federal Reserve…..
…the guys who own the New York Fed are all going to create subsidiaries and issue stable coin which will be interoperable and can work with a social credit system…”
Mark Goodwin, Editor-in-Chief of Bitcoin Magazine: FULL INTERVIEW
Mark Goodwin:
“Stablecoins are the bait and switch for direct-issued government CBDCs”
“Stablecoins can be programed. Exactly like how we fear CBDCs will be programed. They’re exactly the same tokenized mechanism… They can be taken out of your wallet. Your wallet can be blacklisted. A lot of the things that we fear about CBDCs are totally available within the tool set of Stablecoins.”
Stablecoins and bank-issued tokenized deposits have all the same problems of programmability that as CBDCs.
“If they want at any point, they can use those programs in the protocols and the blockchains to blacklist your money to prevent you from making a transaction and to prevent you from accessing your wealth that you’ve saved in these tokens.”
“We’ve actually recently seen Tether—which is the biggest stablecoin issuer in the world—they’ve actually onboarded the Secret Service and the FBI directly to their system… this is not freedom technology, this financial tool that people claim that it is. This is a control system.”
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cointelegraph.com
Cointelegraph The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec
By Vince Quill, March 12, 2025
"The recent GENIUS stablecoin bill in the US is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.
In a statement shared with Cointelegraph, Rausis said that the US government will punish stablecoin issuers that do not comply with the new regulatory framework, similar to the European Union Markets in Crypto-Assets (MiCA) regulations. The executive added:
“The government realizes that if they control stablecoins, they control financial transactions. Working with centralized stablecoin issuers means they can freeze funds anytime they want — essentially what a CBDC would allow. So, why bother creating a CBDC?”"
China “social credit score” system based on national ID ranks and punishes citizens
Trump’s Coming Surveillance and Social Control State
coronanews123.wordpress.com
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Former Bush Official Catherine Austin Fitts: Trump Reverses on CBDC, "Genius Act" Stablecoin is Same Thing. Tyranny Coming.
coronanews123.wordpress.com
Trump Taps Gaza "Kill List" AI Contractor Peter Thiel (Palantir) to Create Master Database of All Americans, Pushes Bill to Ban State Laws Over AI
coronanews123.wordpress.com
Where the hell is Tucker, who has spoken out against CBDC as a threat to freedom before? Is he too busy sucking Trump's dick now on Iran?
Tulsi Gabbard explains to Tucker Carlson what impact CBDC will have on freedom and liberty (view on Rumble)
Catherine Austin Fitts, & Editor-in-Chief of Bitcoin Magazine Mark Goodwin Explain Trump's New CBDC Slavery
Catherine Austin Fitts, former Bush Sr. administration official and investment banker:
"[Trump] “He is moving very, very fast…
..he said no CBDC’s… I don’t know if you’ve read the Genius Act which is the new plan for stable coins okay a CBDC is issued would be issued by the Federal Reserve…..
…the guys who own the New York Fed are all going to create subsidiaries and issue stable coin which will be interoperable and can work with a social credit system…”
Mark Goodwin, Editor-in-Chief of Bitcoin Magazine: FULL INTERVIEW
Mark Goodwin:
“Stablecoins are the bait and switch for direct-issued government CBDCs”
“Stablecoins can be programed. Exactly like how we fear CBDCs will be programed. They’re exactly the same tokenized mechanism… They can be taken out of your wallet. Your wallet can be blacklisted. A lot of the things that we fear about CBDCs are totally available within the tool set of Stablecoins.”
Stablecoins and bank-issued tokenized deposits have all the same problems of programmability that as CBDCs.
“If they want at any point, they can use those programs in the protocols and the blockchains to blacklist your money to prevent you from making a transaction and to prevent you from accessing your wealth that you’ve saved in these tokens.”
“We’ve actually recently seen Tether—which is the biggest stablecoin issuer in the world—they’ve actually onboarded the Secret Service and the FBI directly to their system… this is not freedom technology, this financial tool that people claim that it is. This is a control system.”
-------
The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec
Centralized stablecoins are not that much different from central bank digital currencies (CBDCs) from a censorship and control perspective.
cointelegraph.com
Cointelegraph The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec
By Vince Quill, March 12, 2025
"The recent GENIUS stablecoin bill in the US is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.
In a statement shared with Cointelegraph, Rausis said that the US government will punish stablecoin issuers that do not comply with the new regulatory framework, similar to the European Union Markets in Crypto-Assets (MiCA) regulations. The executive added:
“The government realizes that if they control stablecoins, they control financial transactions. Working with centralized stablecoin issuers means they can freeze funds anytime they want — essentially what a CBDC would allow. So, why bother creating a CBDC?”"
China “social credit score” system based on national ID ranks and punishes citizens
Trump’s Coming Surveillance and Social Control State
Former Bush Official Catherine Austin Fitts: Trump Reverses on CBDC, “Genius Act” Stablecoin is Same Thing. Tyranny Coming.
LARGE IMAGE OF BELOW 1. Street surveillance cameras: Institute for Justice: Judge Rules Lawsuit Challenging Norfolk’s Use of Flock Cameras Can Proceed, Facial recognition software links to Rea…
coronanews123.wordpress.com
larger image
[link to coronanews123.wordpress.com (secure)]
Former Bush Official Catherine Austin Fitts: Trump Reverses on CBDC, "Genius Act" Stablecoin is Same Thing. Tyranny Coming.
Former Bush Official Catherine Austin Fitts: Trump Reverses on CBDC, “Genius Act” Stablecoin is Same Thing. Tyranny Coming.
LARGE IMAGE OF BELOW 1. Street surveillance cameras: Institute for Justice: Judge Rules Lawsuit Challenging Norfolk’s Use of Flock Cameras Can Proceed, Facial recognition software links to Rea…
coronanews123.wordpress.com
Trump Taps Gaza "Kill List" AI Contractor Peter Thiel (Palantir) to Create Master Database of All Americans, Pushes Bill to Ban State Laws Over AI
Trump Taps Gaza “Kill List” AI Contractor Peter Thiel (Palantir) to Create Master Database of All Americans, Pushes Bill to Ban State Laws Over AI
After announcing the launch of the massive Stargate AI data center project on his first day in office, then pushing the “Real ID” which can in the future link to ban…
coronanews123.wordpress.com
