Is US stablecoin worse than CBDC?
Putting lipstick on a pig [peg?].
Disclaimer
I personally do not advocate any process or procedure contained in any of my Blogs. Information presented here is not intended to provide legal or lawful advice, nor medical advice, diagnosis, treatment, cure, or prevent any disease. Views expressed are for educational purposes only.
I surround and protect, purify and make harmless the following in-formation.
New blockchain regime
The Corbett Report
July 22, 2025
CONVERSATION RECORDED JULY 17, 2025.
House Republicans just celebrated their “Crypto Week” with the passage of an Anti-CBDC Surveillance State Act and passage of a stablecoin-promoting GENIUS Act. Whether you know it or not, this new stablecoin regulatory regime is going to transform your life and the entire global monetary order.
Here today to fill us in on all the details is Mark Goodwin, co-author with Whitney Webb on a series of articles about this new blockchain regime and power brokers behind it. Excerpts …
The stablecoin name is a clever trick b/c the idea of the stablecoin, the stability comes from the fact it is a tokenized representation of a real world asset, or of something that exists in reality and here is a representation of it pegged 1 to 1 the [stable part] So there’s a token on the blockchain and a bank dollar pegged together. The idea of a stablecoin is that unlike bitcoin there’s not rapid fluctuations in value as you exchange the token. It’s stable.
The trick
The trick is that the dollar is anything but stable and has been routinely inflated away for a very long time. Not only that, the idea of the Fed debasing the dollar alongside the Treasury, we have the idea that if it’s a tokenized representation on a blockchain and there is supposed to be this dollar in the bank, what if the bank goes under? What if the holder of stablecoin issuer gets subpoenaed? There is a lot of risk when you have a trusted peg in these systems.
So, stablecoins are a modern iteration of what we have seen for a very long time of private capital creation, which is to say that the majority of dollars are already digital and have been for a long time. 49:26 min https://corbettreport.com/interview-1964-stablecoins-are-worse-than-cbdcs-with-mark-goodwin/
Stablecoins: Where the carrot meets the stick
Catherine Austin Fitts
July 08, 2025
“Although the perils of a global fiat system surely are apparent in today’s economic times, the replacing of nearly 200 central banks with a handful of centralized issuers within the regulatory regime of the United States is hardly an upgrade worth fighting for.” ~ Mark Goodwin
CASH is a much better system for freedom
Stablecoins have the potential to become the largest expansion of money and credit in our history, and to replace plans for CBDCs with control mechanisms that are even more secretive and lethal.
IMPORTANT TO LISTEN
Mark Goodwin: Cash is a bare physical asset that does not create a leger entry every time you spend it. Digitizing money creates a new set of rules for how money gets settled. 04:38 mins video. Learn how blockchain creates warrantless surveillance. https://solari.com/stablecoins-where-the-carrot-meets-the-stick-with-mark-goodwin/
The next 60 days could define the next 60 years
https://www.ourgreaterdestiny.ca/p/in-60-days-the-us-dollar-enters-a
Merging cyber and biological worlds
There appears to be a strategic connection between digital currency and the inter/intra body wireless network under human skin. https://www.ourgreaterdestiny.ca/p/read-between-the-lies-how-the-regime
Without prejudice and without recourse
Doreen Agostino
Our Greater Destiny Blog
digital
The short answer to this is: YES!
Any replacement of public money ('public equity,' 'common wealth') by private 'for profit' moneyed interests, is a bad thing. Any kind of new 'liquidity' seems to make things easier for the everyday person, in the near term, but private money has the effect (over time) of transferring more and more assets into private hands; mainly, into the hands of those moneyed interests closest to the source of the new private 'currency' creation (we can't really call this money). Of course, the real reason behind the promotion of these new 'Stable Coins' (backed by the US dollar) is to create new demand for US securities in the currently struggling (read: failing) bond auctions. Backing a Stable Coin with US dollars does not entail money in the issuer's bank account, but rather, the purchase of bonds. Since much of the world is unloading US bonds, and no longer buy new ones, new buyers are absolutely essential at this point in time; or sooner or later, an auction will fail (the date of this ultimate failure will be controlled of course, because the FED can always intervene). This is starting (or about to start) as the current QT trend stalls:
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
What's the excuse going to be this time? in 2019/2020 'Covid' provided 'convenient' cover for the unlimited creation of money by the FED, this time, it's mostly likely going be war (civil or otherwise). They only so many tools in their tool box, after all. There's so much more to talk about, but thank you for shining a light on this issue, Doreen :-)