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Posted on 07/21/2025 5:45:38 AM PDT by delta7
legislators passed a series of bills last week aimed at targeting cryptocurrencies– the CBDC Anti-Surveillance State Act, the GENIUS Act, and the CLARITY Act. I explained the GENIUS Act in another post. Some believe that the CBDC Anti-Surveillance State Act and the CLARITY Act are the safeguards that will ensure the USD is never digitized.
The CLARITY Act determines who will regulate digital assets and what is considered an asset vs a security. The CFTC was tasked with overseeing digital commodities, while the SEC will oversee restricted digital assets whose value is intrinsically linked to blockchain technology. A token sold under an investment contract may or may not be a security.
Electronic Dollar Digital
The Act defines “investment contract asset” as a token that is recorded on blockchain, is sold or intended to be sold pursuant to an investment contract, and can be exclusively possessed and transferred peer-to-peer without an intermediary. Mature tokens on decentralized networks (e.g., Bitcoin or Ethereum), once they meet these conditions, are not classified as securities even if their initial sale qualified as an investment contract.
Basically, this act states that the token itself is not automatically considered a security merely through the initial contract. This may prevent the SEC from weaponizing securities against innovation, but it also ensures that the government is enabled to oversee digital transactions.
Now, the CBDC Anti-Surveillance State Act is precise as named. The Act prohibits the Federal Reserve from issuing a CBDC DIRECTLY TO INDIVIDUALS. H.R. 1919 ensures that unelected bureaucrats can never unilaterally issue a CBDC or weaponize a digital dollar to erode our freedoms. The bill would prohibit the Federal Reserve from developing or issuing a CBDC without explicit authorization from Congress.”
The wording is crucial here. Congress still has the ability to authorize the creation of a CBDC. I stated at the last World Economic Conference that the central bank would NOT be the one to usher in digital currency. The real threat is the private banks that US intelligence has already weaponized. The private banks, the Bank for International Settlements (BIS), and the global elite have been pushing to gain control over the monetary system.
euro digital electric
The push for digital currencies is coming from the BIS and commercial banks who want to eliminate all paper currency so they can enforce negative interest rates and prevent bank runs. The Fed was not pushing for CBDCs as the Fed was never intended to be the direct banker of the people. They knew it would destroy the existing structure. But the pressure came from international banking elites and the BIS who are trying to force a one-world digital system.
I appeared in the movie “CBDC, the End of Money,” warning that it would have been unconstitutional for the Federal Reserve to create a CBDC. My sources had confirmed that the Fed would not make a CBDC. This is important, as it chalks one up for the people, retaining our freedom.
This new legislation prevents the Federal Reserve from creating a CBDC, but the US Fed was never pushing for this measure. CBDC is not an American idea. The Fed actually resisted the concept, and Trump has been against the creation as well.
But the BIS and the European banking elites are the ones pushing this agenda due to the sovereign debt crisis. The idea is to trap capital to control the inevitable collapse by converting to a digital system. The day may come when the Fed is forced to comply, as we live in a global economy, and the BIS, IMF, and Davos elite are actively working to end banking as we have known it.
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IBTG…..Fetch.
😃🤣😝
This is the US. We’re not establishing literal CBDCs, but de facto CBDCs, better termed FBDCs or Fascist Bank Digital Currencies, whereby large banks do the controlling at the government’s bidding.
This is akin to how censorship was implemented through social media companies and NGOs, and it’s what the GENIUS Act just enabled.
The GENIUS ACT:
“The act specifically provides the government with the authority to “block, freeze, and reject specific or impermissible transactions.”
“A permitted payment stablecoin issuer shall be treated as a financial institution [and]…shall be subject to all Federal laws applicable to a financial institution located in the United States including…policies and procedures to block, freeze, and reject specific or impermissible transactions that violate Federal or State
laws, rules, or regulations…”
CBDC Cover
This provision is not intended to protect the world against drug smugglers and thieves. This provision is intended to grant government unlimited control over how people spend stablecoins. The government could have easily frozen the accounts of those who refused the COVID-19 vaccination, for example, and the Biden Administration admittedly weaponized existing financial institutions to spy on Conservative Americans through their payment histories.
“Stablecoins are the bait and switch for direct-issued government CBDCs,” Bitcoin Magazine editor Mark Goodwin said, “Stablecoins can be programmed. Exactly like how we fear CBDCs will be programmed. 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.”
The GENIUS Act has received bipartisan support. Although Republican Hagerty championed the bill, he had bipartisan co-sponsors, including Senators Kirsten Gillibrand (D-NY), Angela Alsobrooks (D-MD), Tim Scott (R-SC), and Cynthia Lummis (R-WY).
I warned that governments would NEVER allow any cryptocurrency or stablecoin to compete with their own currency. I long warned that government was merely tolerating these alternative currencies in the past as they posed no real threat. But now the government needs the ability to tax everything to support its perpetual spending. Every digital transaction is traceable. Every digital currency is controllable—the ultimate power grab.
One of Donald Trump’s main campaign promises was the prevention of CBDC. The headlines are enraged over his failure to release the Epstein files, but the GENUIS Act is a far deeper betrayal of the American people that has the ability to usher in a new monetary system.”
Satan is the master of disguise and deception, never, ever forget that.
‘[This is akin to how censorship was implemented through social media companies]
The Chinese systems are ALREADY IN PLACE to a degree (for the thread)
The Godless Globalists NEED areas that have very little Bible teaching - this is why China is an excellent place to try out Mark of the Beast technology - the Social Credit Score System - CAN’T BUY FOOD TO EAT - what a GREAT way to control the masses - control their access to MONEY and to FOOD to make them SUBMIT
This is ALREADY HAPPENING (December, 2023) - I say it will come to much of the world - BEFORE the Mark of the Beast - COVID-19(84)-style tyranny will make it difficult to even buy food
This woman had a gift card - it would not even let her use her GIFT CARD without FACIAL RECOGNITION
TPTB WILL use control over food to control people. Social Credit scores - China-style. It is ALREADY happening in China. This video is from December, 2023:
It won’t matter if someone has $400,000-$500,000 in the bank. It won’t matter if somebody has a job paying $150,000 a year. You WILL submit to the Social Credit Score System and you WILL exhibit and parrot Party Doctrine or you WILL be cast aside and forced to buy food on the streets. Oh, and your finances WILL be tracked with Digital Currency, etc. (for the thread)
China...No Digital ID...Can’t buy food!
(BEST version of this short video - 1:20)
https://www.youtube.com/watch?v=f6diM6X2A8E
This video is from December, 2023
Agreed, alarming is the fine print. CBDC’s really have not been outlawed. It was stated “ Congress must vote to create CBDC”…..imagine when this current fiat currency collapses, everyone will be crying for a “ fix”, and you can bet the next administration after Trump will vote for their “ fix”.
Evidence? The bill passed by a mere two votes….we should be “ safe” during Trump’s term . After that?….they just kicked the can down the road.
But the larger point is that they are instituting de facto CBDCs via big bank-issued stablecoins. The technology will enable complete surveillance and real-time control on spending and access. That’s all that’s needed. actual retail, central-bank digital currency isn’t required.
Think COVID-19(84) was bad? You ain’t seen nothin’ yet
———-
Look how many people rushed out to get jabbed by mRNA deadly shots….270 million plus, if we are to believe.gov’s numbers….tricked, deceived, 270 millions.
Imagine how many will rush to a cashless system that will be promised to save their SS, 401K’s, Pensions, etc…
“The government could have easily frozen the accounts of those who refused the COVID-19 vaccination,”
We would then need new elections, as those responsible for that would tend to disappear.
Eh, we’ve voted back in those behind the CARES Act, declaration of the Covid health emergency, etc.
“Look how many people rushed out to get jabbed by mRNA deadly shots….270 million plus, “
Why are we NOT seeing millions dying as predicted?
Great analogy! Another way to put it, IMHO, is it may be the Republicans overreacting to Sam Bankman-Fried's FTX scandal of using crypto to illegally finance Dims. To keep that from happening again, ostensibly they have to steer more regulations for digital money handling. And if I understand it correctly, this doesn't even address crypto anyway.
I take it as a straight implementation toward the WEF/globalist digital control grid. You don’t need that to stop Dem funding.
IATG
lolololol
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