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Norrrm

(2,439 posts)
2. It is illegal to counterfeit money, but this looks equivalent. Dollar backed crypto.
Sat Jul 19, 2025, 06:38 PM
Saturday
https://www.democraticunderground.com/100220492122

https://thehill.com/policy/technology/5406918-stablecoin-genius-act-house-crypto/

"The bill regulating dollar-backed digital tokens..."

Who will issue such tokens? The dollar-based currency is controlled by one entity, our gov't.

It is illegal to counterfeit money, but this looks equivalent.

Then, they want the gov't to back such 'new' money.

A new system set up for fraud and corruption.

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