STABLECOINS
Part 2 🧵
Part 2 🧵
STABLECOINS
How are the banks being FORCED to use STABLECOINS and transform the ENTIRE financial system?
“Uber, PayPal, Stripe and Visa are actively integrating stablecoins. Companies including Amazon, Apple and Walmart are reportedly exploring the same, drawn by the promise of faster payments and lower costs.
These aren’t crypto experiments. They’re the infrastructure of a new financial system being built before our eyes.”
Some of the biggest companies, that make millions of financial transactions a day, are ALREADY beginning to implement STABLECOINS, into their own company’s financial infrastructure. That is FORCING the banks to comply.
The banks don’t want to comply, Trump is FORCING this new system on them. They are being FORCED to compete or be completely replaced.
“If stablecoins work so well, why hasn’t your bank told you about them? Perhaps because stablecoins represent a threat to traditional banking. When you hold stablecoins, the underlying value doesn’t sit in a bank — it stays with the issuer or, in some cases, with you. That means banks would lose deposits and the interest they usually earn on your money. Stablecoins let you skip the middleman, and the old system doesn’t love that.
Stablecoins will also cut into credit card fees. Every time you use a credit card, 1 to 3 percent of the transaction goes to banks and networks.”
STABLECOINS remove the banks middleman control.
They also remove the expensive “fees” that banks and credit card companies FORCE on the people, who use their financial system.
The banks have been ripping the people off forever.
They set up the ENTIRE financial system, in a way, where they are constantly taking our money for themselves in fees, while also profiting off of our deposits.
STABLECOINS remove that control from the banks.
The banks weren’t just profiting off the people. They are ALSO making huge profits off of big corporations.
“Retailers such as Amazon and Walmart pay billions in these fees annually. Stablecoins offer them a cheaper alternative, so naturally they are exploring their own digital dollars. For consumers, this shift is a win. Competition breeds innovation and banks are already seeking ways to evolve.”
Banks are now being FORCED to “evolve” in order to survive.
These huge retailers can now create their own dollar backed STABLECOINS and avoid paying the banks, billions of dollars in fees.
Everything becomes cheaper, when you remove the banking fees that are currently attached to ALL financial transactions.
Trump is the one, who pushed the new GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) through Congress and signed it into law.
And it happened quickly.
That’s not a coincidence.
“Stablecoins aren’t a mysterious new currency — they are still essentially your familiar dollars, only turbocharged. They are evolution, not revolution. They take what we already use and enhance it with modern technology.
In fact, they may be more than just a better dollar — they’re the bridge. Once you cross it, everything else becomes easier: faster payments, programmable finance, seamless global transfers.”
STABLECOINS make the dollar better and are the “bridge.”
BRIDGE to what?
STABLECOINS are the “bridge” from centralized banking control to “financial freedom” for the people.
“Digital dollars are here, and the journey will be a net positive for everyday people. By keeping the dollar’s value and adding the speed and transparency of the blockchain, stablecoins hand people back some of the power in finance.”
https://thehill.com/opinion/technology/5467954-stablecoins-are-about-to-change-your-life-you-just-dont-know-it-yet/
Trump is ALREADY stripping the big banks of their power and control.
He’s ALREADY transforming the entire financial system and handing the POWER back to the people.
STABLECOINS are the KEY.
A Golden Age is incoming.
Debanking the Trump family was an existential error by the banking ayatollahs.
They underestimated so badly, not dreaming in a million years that their golden goose of using everyone else’s funds to manipulate global markets would end so suddenly and dramatically.
The part that many are missing is that once the big bank hegemony has gone, the entire federal reserve system will soon fall also, because the fuel that keeps that machine going will have been replaced.
That sucking sound you hear is a collective sphincter tightening in Manhattan as reality sets in.
Very encouraging, Joe. Thank you for this great information.
Is there a possibility that this new system could one day be exploited by people who want to control us again? Programmable money scares me, as I know the people who run the world want it, so they can turn it off if someone steps out of line. Much like the dreadful kill-switches regulation that they must be installed in all new cars. They've been pushing that through Congress on a bipartisan basis. That needs to be repealed and fast.
In any case, do you see any downside or future opportunity for exploitation with this new financial system?
Thank you for all your wonderful work!!!