Replying to Avatar L0la L33tz

https://m.primal.net/PmjP.mov

"With the Dollar backed stablecoins, you'll help expand the dominance of the US Dollar [...] It will be at the top, and that's where we want to keep it"

What he means is:

with Dollar backed stablecoins, the Global South will pivot towards digital Dollars over local currencies, allowing private, US Gov controlled entities to replace bank accounts around the globe.

This does not just allow for the expansion of USD dominance by bypassing local governments – it gives the US unprecedented and direct control over worldwide economies as every stablecoin can be effectively frozen on behalf of the US with the click of a button.

Additionally, it will provide the US with never seen before surveillance capabilities, providing real time access to financial transactions around the globe – fueling the unparalleled public-private partnership between Silicon Valley and the US war machine.

If you are promoting stablecoins, you are promoting the end of national sovereignty in favor of total techno-fascist dystopia.

So we've pivoted from overt fascism to covert fascism.

To quote nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqpr9mhxue69uhhxetwv35hgtnwdaekvmrpwfjjucm0d5klqft7, Stable coins should just be called "USD tokens"

Or as I like to call them, PBDC's. Private bank digital currencies.

nostr:nevent1qqs8hv2u25qp45n7juel3xus3g5ctw90nqsarwpg32536pfww6z9adspr3mhxue69uhhyetvv9ujucnfw33k76twwpshy6ewvdhk6tczyrv2dm8scwtw428hnfzf0l5mwlwfwa3ng50nefwxxn3qsev3zej8kqcyqqqqqqgjehymz

Reply to this note

Please Login to reply.

Discussion

You can just move to China

america is the best place to live, i will just use bitcoin

The dollar coins give me and my community more time to stack.

What does the fear mongering and doomerism accomplish?

Bitcoin wins with optimism and education. The state wins with fear.

ya L0la*/* buttbut i need to have Fun |__| 4 toyz*****nym n_n/*****

Corporate Bank Digital Currency

Another @ODELL quote, paraphrasing: a **better** (fiscally disciplined) US GOV / USD is the biggest threat to bitcoin.