debt-based system can be found in the recent Genius Act. In short-term investing, the volatility of Bitcoin can allow a person to profit immensely, but only if they have a stablecoin to convert to when the market corrects itself. This is the foundational purpose of a stablecoin, to maintain a stable value so that one’s investment can be temporarily secured. The plan outlined in the Genius Act is to create an increased demand for U.S. debt by requiring stablecoin companies to be backed by U.S. debt, thereby using stablecoins as a way to funnel global money into U.S. government debt. President Putin’s adviser, Anton Kobukov, says that the U.S.

is planning a worldwide crypto rugpole to erase its massive debt by creating a U.S. debt-based stablecoin system, and then devalue it, robbing the people of their money to pay off its debt. Right now, America is trying to change the rules in the gold and cryptocurrency markets. Remember how much debt they have? $35 trillion. The U.S., just as it did in the 1930s and 1970s, will solve its financial problems at the expense of the entire world, driving everyone where? Into the cryptocurrency cloud. Over time, when part of the U.S. national debt is placed in stablecoins, the U.S.

will devalue that debt. Once again, in simple terms. Right now, they have a $35 trillion currency debt. They move it into crypto, into the cloud, devalue it, and start from scratch. Of course, this is all just money out of thin air, a desperate monetary sleight of hand that doesn’t create new wealth, and only shows that the system has failed. To show that Russia and other countries will not go along with this, he also said that the world will split up into zones. The world isn’t just moving to a new type of financial system. The world is moving away from fiat money and dividing into zones.

This is referring to a multi-polar world where different sets of rules are applied to different zones, and signals the strong possibility that BRICS will not be buying U.S. debt in the near future. It is important to remember that the term and the idea of BRICS was conceived in 2001 by an economist at Goldman Sachs. U.S. regulations on stablecoins will likely push the market offshore, where stablecoin issuers will turn to real world assets over U.S. debt. The U.S. will then have to manage the debt crisis by taxing the American people, most likely with a carbon tax system.

Stablecoins have been predominantly used for investing, but they also have the ability to freeze and seize your money, which should please Trump supporters who have been giddy schoolgirls over canceling people who offend them online. The future of technocratic banking control is already being deployed in Vietnam, who recently implemented a nationwide digital ID system that requires both citizens and foreign residents to permit the government to store their biometric data in a centralized database. Participation is not optional, and all accounts without biometric data will be closed. The Vietnamese government has already erased and or frozen 86 million bank accounts, and Vietnam is just the beta test.

This is soon going worldwide. Greg Reese, reporting. The Reese Report is now fully funded by my Substack subscribers. Subscribe today and support my work at gregreese.substack.com. [tr:trw].