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You know how we all talk about trojan horsing with bitcoin.
I'm starting to get a creeping feeling that Cynthia M Lummis (and Trump, David Sacks, etc...) trojan horsed bitcoiners instead. The first meeting she chaired yesterday on digital assets was just about stablecoins (aka psuedo-cbdc). They didn't talk about bitcoin, it wasn't really mentioned in any meaningful way.
Seems like they got us all excited about possibilities like a bitcoin strategic reserve, de minimus tax exemption, etc... to get votes and massive donations. But all we're going to get are a bunch of shitcoin etfs, more pump/dumps (aka 'friendly' regulation), and essentially a government wet dream panopticon CBDC (disguised as "NOT A CBDC, BUT PRIVATE STABLECOINS, WE PROMISE")
Hopefully I'm wrong, but I don't like the direction things are going thus far.
14 sats \ 1 reply \ @DarthCoin 11h
yes, your feelings are right: never trust any politician. They all lie. Who believe in a "bitcoin strategic reserve " is a fucking moron.
TLDR this is the SBR
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I thought we weren't supposed to like SBR. Why are you posting a sexy woman meme? 🥰
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You are not wrong. The bankers own your government. Shitcoin issuer and serial abuser of power POTUS Trump is not a Bitcoiner. He is a populist narcissist sociopath convicted criminal and associate of war criminal Putin. They will ban private custody...it was discussed at the meeting today in terms of AML/KYC FUD. Don't worry you can still 'invest' in 'Bitcoin' via the ETFs...
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The Trojan Horse are stablecoins & CBDCs
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So, politicians have 4 years, at most, 8 years to be in office. It's all about personal interest, that which will give him/her more votes. With more votes, comes more fiat money. Polit-shitcoins are the trojan horse.
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True. But my point is that bitcoiners thought they were putting "bitcoiners" in office by giving them money/votes.
Instead it seems what we'll get is a hastening of a ("privately held by a corporation") CBDC and more financial tyranny.
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Sometimes you're the Trojan, sometimes you're the horse
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