munkle
Diamond Member
- Dec 18, 2012
- 5,689
- 9,925
- 2,130
If they think Trump acts like a king now they ain't seen nothing yet. Wait until he can unilaterally and without notice freeze your debit card. Vote in Senate coming this Tuesday.
coronanews123.wordpress.com
"Under the guise of national security and combating money-laundering, Trump is pushing a bill hard to be voted on in the Senate next Tuesday which would allow his administration, and any administration after it, to freeze the ability of anyone identified at a protest to spend their own money. The GENIUS Act “Stablecoin” is an attempt to phase out all cash and replace it with a type of digital currency which can be “shut down” with the flip of a switch.
The GENIUS Act inched closer to passage this week ater a Democratic filibuster was ended in the Senate.
The GENIUS Act Stablecoin is a type of CBDC – central bank digital currency – which can be programmed in any way desired by the reigning regime, such as limiting types and amounts of purchases, or shutting off completely if an AI program, for example, has used facial recognition data and special street cameras to identify protesters on any issue.
The Trump administration is arguing that this type of power is necessary to fight money-laundering.
After Trump was elected last November, Trump promised in a speech to ban CBDC, and followed up once he took office by signing an executive order to that effect. But in what the Editor-in-Chief of Bitcoin Magazine Mark Goodwin called a “bait and switch,” the GENIUS Act being pushed by Trump includes the creation of a programmable digital “Stablecoin” which is ultimately controlled by the federal government and is linked to the FBI and the DOJ in real-time.
Mark Goodwin said:
“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….
…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 Act cannot be passed without Democrats in the Senate."
Editor -in-Chief of Bitcoin Magazine Mark Goodwin
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
MORE…
Trump’s Coming Surveillance and Social Control State
Larger image
King Trump Preparing to Pass Law Allowing Him to Freeze Protesters Bank Accounts, GENIUS Act “Stablecoin”
Under the guise of national security and combating money-laundering, Trump is pushing a bill hard to be voted on in the Senate next Tuesday which would allow his administration, and any administrat…
coronanews123.wordpress.com
"Under the guise of national security and combating money-laundering, Trump is pushing a bill hard to be voted on in the Senate next Tuesday which would allow his administration, and any administration after it, to freeze the ability of anyone identified at a protest to spend their own money. The GENIUS Act “Stablecoin” is an attempt to phase out all cash and replace it with a type of digital currency which can be “shut down” with the flip of a switch.
The GENIUS Act inched closer to passage this week ater a Democratic filibuster was ended in the Senate.
The GENIUS Act Stablecoin is a type of CBDC – central bank digital currency – which can be programmed in any way desired by the reigning regime, such as limiting types and amounts of purchases, or shutting off completely if an AI program, for example, has used facial recognition data and special street cameras to identify protesters on any issue.
The Trump administration is arguing that this type of power is necessary to fight money-laundering.
After Trump was elected last November, Trump promised in a speech to ban CBDC, and followed up once he took office by signing an executive order to that effect. But in what the Editor-in-Chief of Bitcoin Magazine Mark Goodwin called a “bait and switch,” the GENIUS Act being pushed by Trump includes the creation of a programmable digital “Stablecoin” which is ultimately controlled by the federal government and is linked to the FBI and the DOJ in real-time.
Mark Goodwin said:
“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….
…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 Act cannot be passed without Democrats in the Senate."
Editor -in-Chief of Bitcoin Magazine Mark Goodwin
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
MORE…
Trump’s Coming Surveillance and Social Control State
Larger image
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