munkle
Diamond Member
- Dec 18, 2012
- 5,686
- 9,922
- 2,130
- Thread starter
- #41
The Genus Act "Stablecoin" and CBDC are the same thing, even though Trump banned CBDC issued by the Fed. US Senate vote on Wed. 6/11.
RFK Jr. “We will be slaves” under programmable digital currencies (like Stablecoins)
Catherine Austin Fitts, investment banker former Assistant Secretary of the US Department of Housing and Urban Development (HUD) under President George Bush Sr: Trump’s Genius Act Stablecoin and CBDC are the same thing
Mark Goodwin, Editor -in-Chief of Bitcoin Magazine:
“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.”
United States Capitol switchboard at (202) 224-3121.
Editor -in-Chief of Bitcoin Magazine Mark Goodwin
Former Bush Official Catherine Austin Fitts: Trump Reverses on CBDC, "Genius Act" Stablecoin is Same Thing. Tyranny Coming.
RFK Jr. “We will be slaves” under programmable digital currencies (like Stablecoins)
Catherine Austin Fitts, investment banker former Assistant Secretary of the US Department of Housing and Urban Development (HUD) under President George Bush Sr: Trump’s Genius Act Stablecoin and CBDC are the same thing
Mark Goodwin, Editor -in-Chief of Bitcoin Magazine:
“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.”
United States Capitol switchboard at (202) 224-3121.
Editor -in-Chief of Bitcoin Magazine Mark Goodwin
Former Bush Official Catherine Austin Fitts: Trump Reverses on CBDC, "Genius Act" Stablecoin is Same Thing. Tyranny Coming.
