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Let's separate Bitcoin, which is a speculative asset, some call it digital gold, but its price goes up and down and it's volatile. Let's separate that from stablecoins, which are very interesting product for financial services. Stablecoins have value because they're backed by the US T-bill. So each stablecoin...

70,146 просмотров • 3 месяцев назад •via X (Twitter)

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The Trump admin is GASLIGHTING us re: no CBDCs They know they can't do CBDCs because of the Constitution, so they're backdooring them with stablecoins Iain Davis explains— "the idea of a [CBDC] is that it will give these private institutions total control of a new digital international monetary and financial system" "CBDC is programmable money that slots into that system. That's why they want it" "That's not going to work in the US because... it's a constitutional right in the United States that the people, and only the people, oversee what they call the power, quote–unquote... to coin money" "So what are you going to do about it? You need some sort of work-round" "So stablecoins and things like deposit tokens or tokenized deposits are variations of programmable digital currency. But rather than being issued by a central bank, they're issued by a commercial bank" "stablecoins... slot into the system of programmability just as easily, if not more so than a central bank digital currency. So you can attach smart contracts to any kind of digital transaction using digital currency" "Programmable digital currency and stablecoins do exactly the same thing, serve the same purpose, as central bank digital currency" This clip of Iain Davis (InThisTogether), author of The Technocratic Dark State, is taken from a Flashlights podcast (Flashlights Podcast) episode posted to Rumble on May 17, 2026. ---------------Partial transcription of clip---------------- "It's a constitutional right in the United States that the people, and only the people, oversee what they call the power, quote–unquote, it says this in the Constitution, to coin money. So the power to coin money is overseen by the people. "Now the idea of a central bank digital currency is that it will give these private institutions total control of a new digital international monetary and financial system. That's CBDC is programmable money that slots into that system. That's why they want it. "That's not going to work in the US because even though Congress, you know, Congress is the, is the dog which is wagged by the tail in this of the Fed, the Fed, you know, the Fed tells Congress what to do, not the other way round. But theoretically it could be the other way round. And theoretically the people could assert their control over the Fed if they only knew about it, which, not many people do, but they could do it, right? It's in the US Constitution. "Now that's a problem if you're going to embark on a global transformation of the entire international monetary and financial system when your leading reserve currency is the US dollar. So that's, you know, that could all go wrong very badly. "So what are you going to do about it? You need some sort of work round. How are you, how are you going to do which for the, you know, I, for many years, well, since central bank digital currency has been something that I've been looking at, I couldn't figure out why the US wasn't more enthusiastic about central bank digital currency. "Because it's the type of thing that the US administrations are usually right up— You know, they're really gung ho about that kind of centralized control of everything. That's right up their alley. So why, why don't they like it? And then it was the work of John Titus who pointed out this problem that they've got in the US with the Constitution that made me look at that and think, right. And then I started investigating that further. And he's right about that. That is a problem. "But then they obviously need some sort of workaround. How are they going to have. Because the main point of central bank digital currency from the surveillance and control aspect is that we will all need digital identity in order to access our digital wallets, which will contain the currency and the currency and the wallets and our, digital identities will all be programmable so conditions can be set on everything that we do. "Every transaction we make will be subject to condition through some sort of smart contract probably, which will control it. Right. So you know, if you say the wrong thing or you know, you, you just write the wrong thing online, you could be punished by algorithm by controlling your access to money... "And so the key to that is central bank— the programmability of central bank digital currency. But obviously that's not going to, may not work. There's a good chance that won't work in the United States which has got the US dollar reserve is an important currency. "So what are you going to do? So stablecoins and things like deposit tokens or tokenized deposits are variations of programmable digital currency. But rather than being issued by a central bank, they're issued by a commercial bank. So or in the case of stablecoins, a non-bank, a non-bank institution like Tether. So it's not a bank. "But you can use stablecoins for exactly the same. They slot into the system of programmability just as easily, if not more so than a central bank digital currency. So you can attach smart contracts to any kind of digital transaction using digital currency. Programmable digital currency and stablecoins do exactly the same thing, serve the same purpose as central bank digital currency or the other version, the commercial bank version is deposit tokens. Any of those will do. "Now in the US they've gone down the stablecoin route so they can issue the stablecoins which will be backed by US Treasuries, just like the dollar or just like any kind of dollar instrument will be one to one convertible for the US dollar. So the stablecoins are effectively the US dollar in, in digital form. "But instead of calling it a central bank digital currency, they call it issued by, it wouldn't have to be issued by the Fed. They call it a stablecoin, which is issued by a company like Tether or you know, someone like that. So it's the same system but using a workaround. And that workaround came with the Genius Act which, which came from an executive order that Trump made when he first came to office. "Because the Americans, quite rightly when they were electing their president, were concerned about central bank digital currency. I mean anyone that understands what it is should be terrified of it. So they didn't want it, and Trump promised that they wouldn't have it. Probably. I don't know whether he knew, but certainly the gaggle of technocrats that were around him knew that they weren't going down that path. Anyway, no chance of the US introducing it because of these problems we've just outlined."

Sense Receptor

13,996 просмотров • 2 месяцев назад

🚨NEW: Adam Curry nicely breaks down how Stablecoins work, Tether, and the likely future of the US Digital Dollar system. (Worth a watch if you don't know about this subject) "A stablecoin is a digital dollar thats pegged to the dollar so it's always a dollar. It's already being used all over the internet and the world. The only reason it's worth a dollar is because the stablecoin company that creates it has debt and paper to back it up. They buy America's debt, they buy treasury bonds or T-bills that pay a dividend that gives interest, and for each dollar they've bought in treasury they can create stablecoins. If you look at the company Tether they've bought more of the US debt than most countries. They have $160B worth of US debt. For each of those dollars they have a stablecoin. There's like 50 people in the company. They have $160B at 4% interest annually, they're making BANK just for holding this debt. I think that President Trump is very smart in seeing that we can flood the world with our stablecoin and we get a 2-for-1. We create a dollar of debt and we create another dollar that can be used all over the world as a reserve currency and that should result in some new monetary system that we need to come up with to have our dollar valued properly but also still remain the reserve currency and remain a strong export country. We don't make anything that we sell abroad, we can't all serve each other burgers and fries -- we have to build something. All of that went overseas. There's something big coming, and it has to happen. Trump is a meta guy. He's going to re-finance the country. It'll be digital and he Bitcoiners don't like this because they want Bitcoin to be the one currency that everyone uses but its now more like a digital gold that's much easier to move around. It's useful but it isn't money or currency the way it was originally intended -- but it is still very important and will be part of the US' strategic reserve. It looks to me like Stablecoins and Tether in particular will be the future of the US dollar payments. A lot of people on the right are afraid of being controlled on a grid because you can stop stablecoins -- but it seems there's no way of getting around some form of a digital dollar. I still like Bitcoin as a backup to protect from that control." Great breakdown Adam Curry - curryirc.com

Autism Capital 🧩

365,538 просмотров • 1 год назад

MIND BLOWN 💥 🤯 “You wanna know what I just realized about all the legislation that's being passed. Literally, all of it is to stop a revolution” - “We got the 702 bill, which allows them to go through our text messages and make sure we're not colluding with foreign adversaries, but they're also looking for words like revolution - We have the Bill (S.3589 - Preventing Private Paramilitary Activity Act of 2024) that stops us if there's more than a million people talking about one topic or assembling. It's illegal, which isn't even the right term because they're passing statutes and regulations. They're not passing laws. - Banning TikTok because TikTok is our only access to uncensored information. We get to see people on the f*cking ground where the shit is happening, telling us what's actually happening. So the story that they spinning doesn't work anymore. Nobody's going to the news outlets. Nobody's looking at the newspaper because we all see that it's propaganda now. Do you know what that tells me? That either we're about to find out something that they have been doing that directly affects us, which is literally every f*cking thing that they've been doing. Or they're about to do something so drastic that it's gonna cause for us to uprise. Now it could have something to do with that guy burning himself alive in front of the Trump, um, trial in New York. He was basically saying they're running a Ponzi scheme allegedly using Bitcoin. So you're putting your money into Bitcoin. They're going on the back end and taking your money out. So eventually, Bitcoin, cryptocurrency is gonna crash because there's no money in it. Now that doesn't surprise me because they are doing the same thing with our retirement plans, with our 401ks, and the trust funds that half of us don't know that we got. - They're worried about a million of us standing up. What could they possibly be doing? Drop your thoughts in the comments.”

Wall Street Apes

1,951,948 просмотров • 2 лет назад

UFO Revolution: S2E3 - 2027 and the Approaching Craft. Is it a Lie? "You're gonna be told that there is a craft on its way to Earth. That 100 f**king percent is the lie you are going to be told." ~Corbell (Well, I was not expecting this. And right now, I don't know what to think. But we all know it's been hinted at by various folks, including Lue Elizondo. So what's going on?) ~ Jeremy Kenyon Lockyer Corbell: "Your government now wants you to know one truth, and that truth is that UFOs are real. They've already done told you. Sometimes, when you want somebody to know a truth, it's so you can set them up to believe a lie, and that's coming. I have zero doubt that lie is coming." Producer: "What is the lie?" Corbell: "Specifically, you want me to say it right now, for real, real? On camera, to be put in the show?" Producer: "Yes." Corbell: "Okay. Problem with that: If we tell the lie before it's told, they can adapt. That wouldn't be wise. I'll tell you privately, but I would really think about if you want to put this in your show. For real. That's a real thing I'm telling you. So, will you think about it before putting it in your show?" Producer: "Absolutely." Corbell: "Okay. So UFOs are real, and they've been here a long time, and that's the truth. But the lie is coming. All indications, like ALL of them, is that that lie is going to be that there is a craft slowly making its way to us here on Earth. And that is the lie they're gonna want you to believe. "It's nuanced, how they explain that, the nature of that threat. But that 100 f**king percent is the lie you are going to be told. You even got a date. People been whispering a date for a long time now. I know where that lie comes from. I know, specifically, what document from the 70s initiated the idea of that lie. A classified document. That is the lie you will be told. You're gonna be told that there is a craft on its way to Earth. That's the lie. "Maybe I'm wrong. Hope I'm wrong. I sent you two texts today with a year (Messages showing 2027 are shown on a cell phone). Not from me. Nope, I'm not gonna propagate that lie. I'm not gonna be part of it, I'm not going to say it to the camera. Everybody knows. Just start paying attention. And they'll change the date - especially if they see this - things will change. Because maybe I'm trustworthy, maybe I'm worthy of your trust, maybe I've told you the truth the whole way through it and now and you can verify it. If that's the case, then I'm f**king dangerous. "You've been told the truth about UFOs for a long time now. It's been pretty orchestrated, it's been pretty clear, and it's using people that are telling the truth and wanna tell the truth. Ultimately, they want you to know something. They want you to know UFOs are real. Thank God, we're finally there, we're all there now. They want you to know the truth. But why [do] they want you to know that truth now. I hope I'm wrong, but it's terrifying. Think about it "Maybe it's good to get ahead of it, call it out now, before they do it. I'll be called crazy. That's okay."

Joe Murgia

763,115 просмотров • 1 год назад

Marc Andreessen explains the 3 Necessities for Start-up Success: "The general criteria for a successful high-tech startup, in my view, you see different sort of rules of thumb from different people. But the three big things you always come back to are, is there a big market? And by the way, that comes in two parts. Is there a big existing market that you think you can go after and sort of displace incumbents or do you believe there will be a new market that will be big? So big market. Is there a fundamental technology or economic change that causes you to basically justify having a new company? And that's really important. And the way I always think about that is, is there a 10X change happening in the technology landscape? Is something 10X faster or 10X cheaper or 10X better? And if it's not 10X, we as both VCs and entrepreneurs, we really have to ask ourselves like, is it really worth doing? Because it's really hard. I mean, it's really hard to start new companies. new companies generally shouldn't exist. Existing companies are usually pretty good at what they do. And so for a new company to exist, it not only has to like come in and go into business and bring a product to market, but it has to bring a product to market that's so much better than what already exists that it punches through the sort of status quo. And most customers in most markets are pretty happy buying from the current suppliers and so there has to be a real kind of edge on the thing and we look for that in either a technology change, usually a technology change or an economic change. which are often the same thing. And then the third is team. Is the team outstanding? And if you think about this as an entrepreneur, it becomes a question of the founding team. Some companies are solo founders and they can work, but generally most of us, like myself, we're human beings, we're mortal. You want to have a founding team of complementary skill sets. And so you want to have at least one super strong technologist, quite possibly more than one. Some of the best startups are actually more than one founding technologist and then it often helps to have somebody who's like a product or who's a market or sales person or has a sort of really good understanding of business on the team, certainly helps a lot. And so we sort of look at market, product, and team. And the reality is you need all three. I would say, interestingly, if you're going to compromise as an investor, if we're going to compromise on one of those, it would actually be the product. And the reason I say that is because a great market is a lot easier to make up for with iterative product execution than a poor market. Because the problem with a poor market, a small market, is even if you do a great job on the product, there just aren't that many customers. It's hard to ever get big."

Founder Mode

39,005 просмотров • 6 месяцев назад

I have a friend who doesn't read anything published in the past 50 years, and the more I think about it, the more I think he's onto something. The reason is that time is the best filter we have for quality. People are bad at judging quality in the moment but very good at getting rid of junk over time. — — "History is not very good at capturing all that is great in art. It is not good at that. There are many great symphonies that have been lost permanently, there are many great painters that died unknown and their paintings are gone, there's novels that have been written that no one will ever read. So history is not good at capturing all this great art. But history is very good at discarding all that is mediocre. And the amount of time that that takes, it's something like 50 years. So over the course of 50 years, what will happen is a lot of stuff that was prominent will be re-filtered and re-filtered and re-filtered, and you'll end up with a smaller group of things which have survived that test of time. So if you think about it right now, if you go back and look at the bestseller lists for 1974, 1973, there's a lot of that that would have been highly regarded at the time, which people do not read anymore for a variety of reasons, and there's some that has survived, and that's a very telling distinction. So in a world where I'm turning 60 this year, you have a limited amount of time, all four of us have active lives, we want to make sure that if we're going to sit down, we're going to read carefully, we're going to meet and we're going to discuss it in detail, we want to make sure that the work is rewarding. And the best way to ensure that is by drawing from the past." amor towles

David Perell

86,755 просмотров • 1 год назад