Video Description
The Dollar Merchants. Stablecoins, CBDCs, the GENIUS Act, and why regulated digital dollars like USDC are de facto privatized central bank digital currencies. Bitcoin, not crypto.
Bitcoin is supposed to be an escape from fiat money that loses value forever. Somehow, the crypto industry that grew up around Bitcoin has become one of the best marketing distribution machines the US dollar has ever had, and the government loves it.
On January 23, 2025, Trump signed an executive order that prohibited the federal government from creating or promoting a central bank digital currency, because CBDCs "threaten the stability of the financial system, individual privacy, and the sovereignty of the United States," and in the very same order made it official US policy to promote dollar-backed...
📊 Why This Matters
This video from Swan Bitcoin provides insights into the latest cryptocurrency developments. Stay informed about BITCOIN, CRYPTO market movements, technical analysis, and breaking news from trusted sources in the crypto community.
💡 What You Should Know
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