Posts for Tag: CBDC
The Government Is Not Your Friend
Bitcoiners need to stop begging the government for permission to exercise their rights. They are not our friends.
Yesterday’s guilty verdict for Roman Storm on the count of conspiracy to operate an unlicensed money service business is absolutely insane.
FinCEN, the regulator responsible for licensing, monitoring, and enforcement actions concerning criminal activity in money transmission has itself explicitly stated that self-custodial tooling that facilitates the transmission of value using cryptocurrencies are not money transmitters and are not subject to the relevant regulations.
So, how did we get here? Eight months after the election of a president who describes himself as a Bitcoin and cryptocurrency advocate, after the Department of Justice themselves have explicitly stated that they are not going to engage in regulation by prosecution, or prosecute mixing services, how was Roman Storm found guilty? [Read More]
10 Ways Gov’t-Compliant Stablecoins Are Functionally No Different Than CBDCs
Some folks in the libertarian crowd are seeing the GENIUS Act as a win - a sign that the government finally gets crypto, fostering innovation under a federal framework. In theory, that would be amazing... If it were true. But when you look closer at what this legislation does and how it treats stablecoins, you find a Trojan horse: a path toward programmable money, surveillance, and control - all under the guise of legitimacy. So, in an attempt to remove the wool from the eyes of those who still don't see it, here are ten reasons government-compliant stablecoins are practically indistinguishable from CBDCs. [Read More]
While You Were Distracted: Trump’s GENIUS Act CBDC Will Allow Government to Punish Vaccine Mandate Refusers by Freezing Bank Accounts
Under cover of the Epstein distraction, the most momentous coup over the US Constitution in US history is quietly taking place...
The GENIUS Act would create a digital dollar, the “Stablecoin,” which would likely eventually replace all cash, and would enable governments to freeze the accounts of anyone declared in violation of “lawful” federal or state executive branch regulations, such as the vaccine mandates passed down in 2021 by the US Department of Health and Human Services. [Read More]
Gold is Money Good, Brace for Deep Recession - Ed Dowd
The Senate Just Passed the GENIUS Act - CBDCs in Sheep's Clothing
On June 18th, while the country was distracted with headlines about Trump and Iran, the U.S. Senate quietly advanced the GENIUS Act - a bill designed to "legitimize" stablecoins, but in reality, it paves the way for a permissioned, surveilled, and tightly controlled digital currency regime. We predicted this. [Read More]
Beware: The ECB Digital Currency is Coming
Christine Lagarde, president of the European Central Bank, has announced that the digital euro will be ready for October 2025.
However, she stressed the importance of moving forward with the legislative process that would impose the digital euro, urging the European Commission, the European Council, and member states parliaments to accelerate the laws and directives that are required to make the digital euro viable. [Read More]