GENIUS Stablecoin Act: A Crony Capitalist Digital Currency, Backdoor CBDC

The so-called "GENIUS Stablecoin Bill" — officially the Guiding and Establishing National Innovation for US Stablecoins — a bipartisan crew of crypto-connected senators, is about propping up a failing dollar with a blockchain Band-Aid while handing obscene profits to the elite and creating a private version of CBDC. Picture this: a "stablecoin" tied to the shaky US dollar, dressed up as freedom but loaded with CBDC-style surveillance, asset-freezing powers, and a backdoor for the Federal Reserve to swoop in during "emergencies" (aka whenever they feel like it). A privatized digital shackle disguised as progress.

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