Investigative journalist at Unlimited Hangout, co-founder of Papercut Publishing House. Author of The Bitcoin-Dollar, former Editor-in-Chief of Bitcoin Magazine. Co-hosts and produces The Unlimited Hangout Podcast with Whitney Webb.
While Facebook’s Libra seemed to fail, it set the stage for stablecoin regulation. The finale of The Chain traces how Libra, the 2023 bank failures and the Gillibrand-Lummis bill realized PayPal’s founding goal of a “new world currency.”
While often pitched as decentralized, the key infrastructure upholding consensus on Ethereum has been dollarized by stablecoin issuers. These same entities, in addition to the currency speculators behind Block.One, were willing partners in the set up and take down of Terra-LUNA and FTX.
The architect of BlackRock’s ETFs has teamed up with a group of companies tied to US intelligence and US government debt trading to tokenize the Amazon rainforest and borgify it with a large-scale sensor network in order to create a new form of “digital gold.”
The patent hoarding developers and investors associated with PayPal and Google who built the first iteration of e-commerce and digital advertising have turned to the blockchain to fulfill their vision of total financial surveillance and the circumnavigation of government-issued money.
Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance.
Endeavor, a self-described “mafia” multiplier backed by Bronfman, Omidyar and Hoffman, groomed the founders who dominate Latin American fintech, including Xapo’s Wences Casares, who helped build the Bitcoin-Dollar system with advisers like Larry Summers.
Latin America is quietly being forced into a carbon market scheme via regional contractual obligations which seeks to create an inter-continental “smart grid,” erode sovereignty, and link carbon-based life to the blockchain.
In the aftermath of the recent Bitcoin ETF approvals, BlackRock's Larry Fink revealed that soon everything will be "ETF'd" and tokenized, threatening to fractionalize not just existing assets and commodities, but the natural world, reducing most living things into Wall Street financial products to b
Fluent Finance, the stablecoin firm that partnered with FTX-linked Farmington Bank, is now building CBDC rails in the UAE. A closer examination of Fluent suggests that FTX's collapse was part of a "war" for control over the coming digital dollar.