• With the system they are setting up, the goal is to have the US dollar, Bitcoin, and stablecoins (Tether, Circle, etc.) be part of the same ecosystem.

• Prominent Bitcoin banks like Xapo market themselves as the bridge between Bitcoin, USD, and stablecoins.

• If Bitcoin is sound money, it should be what is transacted between people, and robust privacy tools need to be built upon it.

• A lot of people in the Bitcoin space are really caught up in electoral politics and the emotions of finally being validated.

• Some Bitcoiners are pro-hyperbitcoinization at all costs, even if it means abandoning the original ethos behind Bitcoin.

• Bitcoin is really unique and important, but people need to decide whether they are going to use it to fight for those things or acquiesce to the system that is being set up and will be pushed on people.

• Whoever wins the US presidency will be in office during an unprecedented US government debt crisis.

• If Trump is in office, the Bitcoin, USD, and stablecoin ecosystem is the system that will be proposed as a solution.

• When such crises happen, people don’t think about the long-term implications of the proposed solution.

• Look back at what Trump did when he was in office during the COVID-19 pandemic.

• Look at the work of John Titus.

• Before there was a financial crisis related to COVID-19 in late 2019, BlackRock created a plan that it pitched to central bankers at the Jackson Hole meeting about “going direct.”

• Essentially, the idea was that during the next crisis, “let’s QE again” (quantitative easing, or printing money), but instead of giving the QE money to public entities, let’s give it straight to private banks.

• That’s what happened, and one of the recipients of those “emergency” funds was BlackRock, which used it to buy shares in their own ETFs instead of bailing out people whose businesses were forced to close due to government COVID-19 policy.

• That’s why you saw an unprecedented wealth transfer during COVID-19.

• BlackRock’s Larry Fink was also involved in the 2008 financial crisis.

• These same people on Wall Street orchestrate massive wealth transfers from regular people to the very top.

• They will aim to do this again, no matter who wins the next presidential campaign.

• This time, they will try to saddle people with even more surveillable, programmable money.

• If Kamala Harris wins, it will probably be a CBDC (central bank digital currency).

• If Trump wins, it will more likely be a private bank digital currency or stablecoins.

• The US government is run by organised crime and intelligence agencies that have fused what they do, and it has been very profitable.

Whitney Webb: