🇺🇸 GENIUS Stablecoin Bill Sparks Controversy
U.S. Congresswoman Marjorie Taylor Greene warns that the recently passed GENIUS Act, signed by President Trump, is a “Trojan Horse” for a Central Bank Digital Currency (CBDC). While branded as a stablecoin regulation bill, critics argue it enables government surveillance and control over digital assets.
🧠 So, when people say the GENIUS Bill is a Trojan Horse, they mean:
> It looks harmless on the outside (just a law about stablecoins)…
But it hides something dangerous inside — like government control or a Central Bank Digital Currency (CBDC).
🔍 In other words:
People are worried that the bill pretends to protect crypto, but actually gives the government secret power to:
■Watch your transactions 👀
■Control how you use digital money 🛑
■Push a cashless, surveilled economy 💳
🔐 Key concerns:
■Regulated stablecoins would feature AML/KYC compliance and transaction censorship, making them indistinguishable from CBDCs.
■Prominent voices in the crypto world fear a "backdoor" to state-controlled digital finance.
■Saifedean Ammous and others highlight the risk of centralized stablecoins being turned into tools of financial surveillance.
📌 Meanwhile, the bill includes provisions to limit Big Tech and bank dominance in the stablecoin sector—raising further debate about who should control digital money.
₿ Tim Draper: Bitcoin Will Rise as the Dollar Dies:
Venture capitalist Tim Draper says Bitcoin’s biggest boom won’t come from its usual halving cycles—but from global macroeconomic chaos. With fiat currencies weakening, Bitcoin is increasingly viewed as an “escape valve” against inflation, authoritarianism, and financial instability.
💡 Draper’s predictions:
■The U.S. dollar may vanish within 10–20 years.
■Bitcoin could replace fiat as the go-to global currency.
■Halvings may play a smaller role, as macro drivers dominate BTC’s trajectory.
📊 Analysts remain split: is Bitcoin still in its cyclical phase—or has it entered a new era of macro relevance?
🔚 Conclusion:
The crypto world stands at a pivotal moment. While governments tighten their grip with laws like the GENIUS Act, Bitcoin continues to gain ground as a decentralized alternative. Whether you’re pro-stablecoin or a Bitcoin purist, one thing’s clear: the future of money is up for grabs — and the fight has only just begun. ⚔️💼
