Kim's blog

Not the end of liquidity from a bankrupt Wall Street, not some unknown Asian whale, not the South Korean exchange that accidentally gives away BTC, no. Instead, it's the success of stablecoins: currencies mintable at will, freezable at will of the issuer. In other words, the programmable money that everyone rightly fears when talking about CBDCs, and what's more, issued by private entities, often based offshore, rather than a central bank under national laws.

The smart contracts that the plucked anthropomorphic poultry believe to be cryptocurrencies, so unseizable and unblockable like Bitcoin, but they aren't.

How else to digitize money? People have been using digital currencies for a long time (with bank cards, or payment brokers like Apple Pay, Google Pay, Samsung Pay, Satispay etc), but they don't accept CBDCs as they don't accept the concept of programmable money stated as such, and rightly so. Well, they do it by making the masses believe that stablecoins are crypto and dangling them right under their noses.

This way, liquidity shifts and money returns to the full control of banks and fintech “new banks” out of personal possession. Social media censorship and the requirement to log in for everything complete the picture, keeping the slaves in chains in their large indifference, since they're so used to it.

I strongly suggest you think about this and GET OUT of fiat currency, and therefore out of stablecoins NOW. Crypto has many problems, Bitcoin included, but we have nothing better to avoid being slaves. End up on stablecoins, as is happening now, and we will ALL be screwed by the ignorance of the many and the greed of the few. We, plural, because whatever we know or think, we live in a society and are therefore forced to pay with the currencies that the majority accepts.

It is time for empires to collapse; they can no longer produce progress, only harm to humanity, delaying human development by centuries rather than accelerating it and when they do innovate, they do so in a way that's only interesting to the handful of people at the top, whose interests generally conflict with those of the rest of humanity.

I think a society is, maybe by nature, built on a base that is enslaved, emotional and incapable of rationality; but it's one thing to have such base, and quite another to have 99.99999 percent of people enslaved with just a few folks in charge, as Clinton Roosevelt dreamed of in his The Science Of Government, Founded On Natural Law.