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Digital currency seems like a great way for the self-appointed digital overlords to keep more of our money in the company store. It’s the same scam rehashed, used by the old mining companies where you can only buy products using the company scrip in the company store — with a markup, of course.
Now BlackRock and the other 140 digital gulag players want the same privilege and have drafted a law to make it so.
The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS) would enable the psychopaths who are collapsing society to legalize an extraction model through stablecoins that would make a parasite proud. The proposed law is designed for profit extraction, control and manipulation.
In the end, it’ll be interesting to see what survives. America and the great American people, or the small but powerful parasitic predator class that has hijacked our government.
Joe LaPoint
Moiliili
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