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🤯 Why Did Trump Sign the GENIUS Stablecoin Act?
14 Conspiracy Theories from Media, Bloggers, and Crypto Analysts — read for fun (or maybe not).
1. A Masked CBDC
It’s everything a digital dollar is — KYC, AML, reversible transactions — just without the CBDC label. No protests, same control.
2. Trump’s Crypto Empire
The Trump family is allegedly tied to USD1. GENIUS loopholes reportedly exempt the President from restrictions — legal millions flow through crypto, dodging competition.
3. Removing the Fed from the Game
GENIUS bans the Fed's digital dollar. Issuance shifts to private banks and insiders. A classic takeover of monetary power.
4. A Forever Buyer of Treasuries
The law requires reserves in short-term U.S. bonds. Stablecoins become a “liquidity pump” for U.S. debt now that China and Japan are stepping back.
5. Digital Fortresses: Amazon & Walmart
Retail giants may launch their own coins (Amazon Coin, Walmart Coin) — spendable only in their ecosystems. Want fiat out? Good luck.
6. The Digital Great Reset
Every transaction — on-chain. Every profile — with ESG scores and social ratings. One step away from Big Tech synchronization.
7. Treasury’s Kill Switch
The U.S. Treasury can freeze, burn, or zero out any wallet. All it takes is a “political decision.”
8. Sanction Weapon 2.0
Like Garantex: get blacklisted — USDT frozen. A new lever of global control where SWIFT can’t reach.
9. Crisis Timer
Mass redemptions = dumping treasuries = soaring yields = collapse. Welcome to a Terra/Luna, but at Fed-level scale.
10. Gold Standard 2.0
Private stablecoins → no Fed → gold backing. The endgame? A digital golden age.
11. A Law Paid for by Donations
Exchanges and issuers funded Republicans — got tailor-made regulations. Small projects? Locked out.
12. A Corruption Gateway
Officially: strict AML. In reality: “friends” get access, “outsiders” get blocked. Gray-zone compliance becomes a booming industry.
13. Hyperinflation by Design
More stablecoins → more bond purchases → more printed dollars. Inflation devours everything. Only those who convert early into hard assets survive.
14. Financial Oligopoly
GENIUS = license, audits, capital reserves. Startups can’t survive. Only Apple, JPMorgan, Google remain.
Welcome to the era of corporate central banks.