Video Description

In this video, I discuss how it's likely that the US government and Federal Reserve may use a private company like Tether to issue and control the equivalent of a CBDC (central bank digital currency).

While these digital, programmable, surveillable dollars will not be technically issued by the central bank, they will still be under the control of the US government and the Fed via pressure applied to the private company.

This kind of private "CBDC" will create an infinite bid for US government debt to back it, thus helping to fund the same foreign policy adventurism that undermines other countries and their local currencies and thereby creates even more demand for US dollars as a safe haven.

This is the same playbook that has been used by the US government to undermine and bypass 1st Amendment and 4th Amendment protections by having corporations do the dirty work for them.

Bitcoiners should be focused on giving the world BTC, not USDT or other USD stablecoins.