Genius Act – The New Control Grid
By Karen Schumacher
By Executive Order (EO), Donald Trump banned the development and use of central bank digital currencies (CBDC) which are centrally controlled by the government. This was great news for those who understand the efforts underway to establish a control grid. However, it is a bait and switch scheme by Trump.
“Stablecoins are a type of cryptocurrency designed to maintain a stable value by pegging to fiat currencies…” and “…aiming to offer a less volatile alternative to cryptocurrencies like Bitcoin.” Rather than CBDCs being used for a control grid, Trump has sanctioned the use of stable coins for a control grid through the private sector.
In this video, Catherine Austin Fitts discusses how the Genius Act establishes a new system for a control grid using stable coins. After a brief explanation of the Genius Act, followed by news on the U.S. exiting the World Health Organization, other crypto regulation laws, and a word about the Epstein files, the discussion begins at the 12″ mark.
The newly-passed “GENIUS Act” allows for banks to issue “stablecoins” which are a type of cryptocurrency equivalent to another asset such as the U.S. dollar or gold. Unlike other forms of digital currency whose price may fluctuate, this one is intended to maintain a steady value. But as it is with anything that sounds too good to be true, there is a catch to this deceptive operation. A framework of programmable money, such as this, would only work to further the end goal of enforced compliance and what Catherine Austin Fitts calls “The Great Poisoning” through centralized control via the banking system. Catherine and the other “Financial Rebellion” hosts share valuable insights about this legislation during today’s episode. – Cathrine Austin Fitts
The Brownstone Institute, James Corbett, and others agree with Fitts and her assessment of the Genius Act. Fitts also has a timeline on her website of other actions Trump has taken so far to create a control grid.
Does the whole notion of cryptocurrency violate Article I, Section 8, Clause 5 of the Constitution as stable coins are not coined by the government? Perhaps taking pennies out of circulation, and the nickel under threat for the same, is another step in the plan towards full digital currency. Trump’s advancement on stable coins and artificial intelligence (AI) fits nicely into the World Economic Forum’s plan for an AI and Stable coin merge.
The U.S. continues to be taken down from within and the Great Reset advanced.