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I have to wonder
how many of Shitler's Incompetent Corps will be left when (not IF) he dies and Shady McMaybelline is president?
Shall we play a game?
Who will quit (because they can't stand him) and who will he fire?
Your guesses, please.
This is a SERIOUS GAME.
10 replies
= new reply since forum marked as read
= new reply since forum marked as read
It was planned out even before the election.
The Crypto Bros bought an election and want return on infestment.
https://www.democraticunderground.com/?com=view_post&forum=1002&pid=20543966
Why America’s new crypto regime makes other countries nervous
The U.S. is potentially providing a powerful vehicle for tax evasion and other illegal activity worldwide.
https://www.washingtonpost.com/opinions/2025/07/31/crypto-tax-evasion-worldwide/
https://archive.is/marck
Has the United States decided to be the Switzerland of crypto? The laudable aim of the Trump administration’s landmark cryptocurrency legislation, eloquently exposited by Treasury Secretary Scott Bessent, is to bring some much-needed regulatory clarity to the wild west of digital finance. However, by proffering an official stamp of approval, the U.S. is potentially providing a powerful vehicle for facilitating tax evasion and all manner of illegal activity worldwide.
It doesn’t have to be this way. Dollar-backed stablecoins — cryptocurrencies convertible one to one with dollars — are potentially the most important application of blockchain technology to date. This special class of cryptocurrency, which at present accounts for less than 10 percent of the $4 trillion crypto market, was the focus of the bill that is already law. To be fair, the act incorporated many good ideas, such as requiring that stablecoins be (almost) fully backed by safe, highly liquid assets, including Treasury bills and federally insured bank deposits.
Critics have pointed to the risks that, despite the precautions, there will still be runs on some stablecoins and that fraud will be rampant, particularly among the smaller players. These are serious concerns. The biggest one, however, which has thus far received only fleeting attention, is that the new law does too little to make stablecoin transactions as easy to audit as debit and credit card transactions are. Once out the door, stablecoins are tokens on a blockchain just like bitcoin and can change hands almost as anonymously as paper currency.
Yes, in principle, everything on the blockchain is public information, but crypto wallets can be held pseudonymously; you don’t have to reveal who you really are. On top of that, one can hold scores of wallets, and dollar stablecoin wallets can be issued outside the U.S. by unregulated entities, in addition to being traded abroad on lightly regulated exchanges. Sure, government sleuths can often find clues that help them figure out the true owner of a crypto wallet. They will certainly bear the necessary cost in the case of a major terrorism incident. This is hardly feasible on a routine basis, however. If crypto was that easy to trace, its appeal might collapse.
It doesn’t have to be this way. Dollar-backed stablecoins — cryptocurrencies convertible one to one with dollars — are potentially the most important application of blockchain technology to date. This special class of cryptocurrency, which at present accounts for less than 10 percent of the $4 trillion crypto market, was the focus of the bill that is already law. To be fair, the act incorporated many good ideas, such as requiring that stablecoins be (almost) fully backed by safe, highly liquid assets, including Treasury bills and federally insured bank deposits.
Critics have pointed to the risks that, despite the precautions, there will still be runs on some stablecoins and that fraud will be rampant, particularly among the smaller players. These are serious concerns. The biggest one, however, which has thus far received only fleeting attention, is that the new law does too little to make stablecoin transactions as easy to audit as debit and credit card transactions are. Once out the door, stablecoins are tokens on a blockchain just like bitcoin and can change hands almost as anonymously as paper currency.
Yes, in principle, everything on the blockchain is public information, but crypto wallets can be held pseudonymously; you don’t have to reveal who you really are. On top of that, one can hold scores of wallets, and dollar stablecoin wallets can be issued outside the U.S. by unregulated entities, in addition to being traded abroad on lightly regulated exchanges. Sure, government sleuths can often find clues that help them figure out the true owner of a crypto wallet. They will certainly bear the necessary cost in the case of a major terrorism incident. This is hardly feasible on a routine basis, however. If crypto was that easy to trace, its appeal might collapse.
more at the link.
========================
Older Details here:
https://www.democraticunderground.com/1016410516
(too long to copy)
This references:
The Trojan Horse Strategy: Institutional Bitcoin Accumulation as Network Capture
https://medium.com/@eddieoz/the-trojan-horse-strategy-institutional-bitcoin-accumulation-as-network-capture-fd906ff9b0b0
and
The Bitcoin Coup: How Crypto Accelerationists Engineered America's Financial Collapse
https://www.democraticunderground.com/100220508380
In short, when the financial system collapses, the Crypto Troika run the country.
Any WHY do silicon valley snots feel that everyone else and every other institution is obsolete?
Because they are SUPERIOR.
Details:
The Musk/Silicon Valley (much of it) elitist vision.
Reboot' Revealed: Elon Musk's CEO-Dictator Playbook
https://www.democraticunderground.com/100220003654
Silicon Valley Whistleblowers Warn Elon Musk 'Hijacking' Republicans to Control Entire US Government
https://www.democraticunderground.com/100220008207 These posts contain, or link to, important understanding of the twisted mentality of Elon and company.
Trump is toast. The Crypto Troika are taking over.
The science fiction writers were spot-on.
They bought the election/court/country and own it.
Two immigrant South Africans and one son of a Bond Villain who concocted an identity.
