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    Blackrock’s Trojan Horse: The USDC Takeover NOBODY Saw Coming

    by SiteAdmin
    October 14, 2024
    in Politics
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    Video Transcript

    Welcome to Truly Right View
    Let The Truth Be Told!

    Are you ready to hear the real truth unfiltered by bias media or government intervention?
    Subscribe to the Truly Right View Channel

    the future of money isn’t paper it’s pure control and you’ll never believe who’s pulling the strings spoiler alert it starts with black and ends in rock this isn’t just another tech shift this could change everything about how you live work and spend and if you think that sounds extreme just look at what’s already happening in China their digital currency is tied to a social credit score where everything you can influence how you’re treated in society the West we’re heading down the same path and after the recent news coming out of the EU we’re diving into Central Bank digital currencies or cbdcs and stable coins like usdc and URC that are taking over the financial world but here’s the twist the people Behind These digital currencies might shock you and what does that mean for you well well everything because the way you spend and save could be under more control than ever so for some context let’s take a look at two of the most popular stable coins usdc and EC these are digital versions of the US dollar and the Euro and they’ve exploded in popularity after Europe passed the mic regulations they became the most compliant stable coins on the market making them the go O2 for Global transactions but here’s where things get interesting Circle the company behind usdc received a massive $400 million investment for major players like Black Rock and Fidelity Black Rock doesn’t just manage Investments anymore they’re managing the cash reserves behind your digital Dollar in fact Black Rock manages the circle Reserve fund a bespoke government money market fund that invests in short-term us treasuries and overnight repo agreements does that sound decentralized to you it’s not Jeremy aera the CEO of circle even said dollar digital currencies like usdc are fueling a global economic transformation they make it sound like a good thing but it’s not it’s a complete opposite of the original version behind Bitcoin and crypto which is true decentralization while stable coins do offer some benefits cheaper faster transactions Without Borders and even the option for self- custody you need to take that part with a pinch of salt why because this Innovation comes with the risk of control shifting into too few hands when you dig deeper you start to realize that these stable coins which are supposed to offer decentralized stable value are actually in the hands of some of the largest most centralized institutions in the world company comp like Black Rock are controlling the reserves raising a critical question who really owns these supposed independent digital currencies stable coins like usdc and euroc might seem like a tech Innovation for Wall Street but they could end up in your wallet tomorrow whether you like it or not your digital dollar is now backed by institutions with the same centralized power as a traditional Financial system in fact black Rock’s fund registered with the SEC aims to eventually apply to the Federal Reserve reverse repo program which could give them even more influence over your digital money is that the transformation we were promised what does it look like when your digital dollar is managed by Financial Giants maybe it’s tighter restrictions on how and where you spend or higher fees just like we’re seeing in the traditional banking system this raises important concern who’s really benefiting from this shift these big players hold the keys to something that’s meant to be decentralized and as stable coins continue to grow so does the influence and control of financial giants like black roock so now we’re at a Crossroads what does this mean for you and your Financial Freedom if control of stable coins shifts more and more towards these massive institutions it might just be a repeat of the centralized system we are supposed to move away from now before we move on if you’re looking to stay ahead and really understand this evolving Crypt space I highly recommend checking out learning crypto.com it’s our education platform built to help guide you through your crypto Journey no matter where you’re starting from we’ve spent years in this market learning what works what doesn’t and we share those insights with you so whether it’s Market trend where things are headed or even what we hold in our own portfolio right now you’ll find it all there the European Central Bank or ECB is already working on a digital Euro it’s no longer a question of if it will happen but when the ECB has made it clear that they want Europe to move away from dependence on foreign payment providers like Visa Mastercard and even platforms like alipay which dominate the market and in fact Pierro kolone a member of the ecb’s executive board recently said we need our own strong digital payment system we can achieve this by bringing central bank money into the digital ERA with the introduction of a digital Euro while they promise benefits like free payments and a more secure infrastructure built within Europe there’s still an important question about privacy they assure us that privacy will be prioritized that only cized data will be used giving it cash-like privacy but the major fact that they leave out is that they hold the keys they could de anonymize this data at any moment they want as Pier put it we owe it to Europeans to do better but does better just mean more surveillance in Disguise so how is this related to usdc and the euroc well the the way they’re both integrated into existing Financial systems and the way they align to all regulations shows how easily these private stable coins could evolve into government-backed cbdcs the technology is already there Black Rock are trying to move it towards the Federal Reserve the control well Circle has full control over the smart contracts for their stable coins and they can be Frozen at any time that they want this is a truly dangerous time we are living in and your privacy is coming under attack and many people you know will not even realize what’s happening now just imagine governments using cbdcs for financial surveillance I mean it’s not even hard to imagine just take a look at what’s happening in China right now every transaction you make every coffee every rent payment or online purchase could be tracked sure they’ll promise security and all these other benefits that they claim are all for you but the real issue is what happens to privacy when every cent is monitored think about it a centralized entity controlling the currency and tracking transactions does that sound like freedom to you while central banks claim cbdcs will use suse anonymized data to protect privacy the truth is with the right Keys your identity can still be revealed it’s like locking your door but the government has a spare key compare this to truly decentralized cryptocurrencies like Bitcoin where no one can control or track your spending habits in the same way the European Central Bank again the ECB has been clear about the digital Euro offering more privacy than commercial Payment Solutions but even they admit that data will still be pseud anonymized not fully Anonymous which means they have complete access to it before we dive into alternative stable coins let’s talk about privacy because it starts with you one of the simplest ways to protect your privacy is by using a VPN if you’re looking for something straightforward mulad is a great choice it doesn’t even ask for personal details but if you want a full Privacy Suite that covers everything from secure email to cloud storage and and a VPN checkout proton they offer endtoend encryption with a strict no logs policy and right now you can get a 64% off with the link in the description so there are two stable coins I’d like to focus on in this video D and gho D is one of the most well-known decentralized stable coins and also now has its counterpart called usds it’s now governed by Sky which is a part of the Rebrand of maker Dow and is backed by a variety of crypto assets instead of fiat currency it was at one point largely backed by usdc but they’ve since taken steps to reduce the amount in the backing die holders now have the option to receive yield on their Holdings but that comes with another set of risks it does however give you a decentralized stable coin option but as with any stable coin you must understand the risks behind them ghoo is a new alternative and was created by the a protocol it’s another exciting option but it’s still very early and with that comes its own set of risk it’s backed by decentralized crypto assets just like d but offers some unique features if you’re already using a platform you can mint gho against your collateral providing some extra Flex with your assets and helping to maintain stability of the stable coin as its over collateralization so they’re expanding the offering as they see fit to help manage risks both die and gho offer something that usdc and euroc simply cannot decentralization and privacy they keep power in the hands of the users not institutions and in a world moving closer to cbdcs that control could make a huge difference to your Financial Freedom if you’re wanting to really elevate your understanding of crypto then don’t forget to check out learning crypto.com we’ve been in this space for over a decade now and put together a lot of free content on the site and also give extra insights to our members to really help you along the path so that’s all for this video let me know if you found it useful in the comments down below and thanks for watching

    Truly Right View: Advocating for Free Speech in the Age of Political Censorship

    Introduction: What is Free Speech Today?

    In a world where political discourse is dominated by big tech, cable news, and social media influencers, free speech is constantly under threat. From censorship of conservative viewpoints to the silencing of dissent on controversial issues, we are witnessing an alarming trend of restrictions on the most fundamental rights of any citizen in our Constitutional Republic: the right to speak freely.

    But what does free speech truly mean in today’s context? Are we protecting it, or are we allowing authoritarian ideologies like socialism, communism, fascism, and dictatorships to erode it?


    The Constitutional Perspective: Why Free Speech is Non-Negotiable

    The First Amendment of the United States Constitution is crystal clear: “Congress shall make no law… abridging the freedom of speech.” The Founding Fathers understood the importance of free speech in preserving a free society. Without it, the ability to challenge government, expose corruption, and advocate for truth would be crushed.

    Yet today, under the guise of protecting people from “misinformation” and “hate speech,” powerful institutions are curbing our ability to express ideas that do not conform to their narratives.

    Do we not see this as a slippery slope toward authoritarianism?

    Shouldn’t we, as citizens, be the ones who decide what we can or cannot hear, not a centralized body or corporation?


    Social Media and Cable News: Platforms or Gatekeepers?

    Social media was once hailed as the bastion of free speech. It allowed ordinary individuals to share their thoughts, advocate for causes, and hold the powerful accountable. However, over the years, major platforms like Twitter (now X), Facebook, and YouTube have become gatekeepers rather than facilitators of free expression.

    Algorithms favor certain ideologies, while alternative viewpoints—especially those with a more conservative or constitutional slant—are shadow-banned, demonetized, or outright censored.

    Does this not resemble the tactics of monarchies, communistic or fascist regimes that control what their citizens can see and hear?

    Shouldn’t a true democracy allow the free flow of ideas, even if those ideas challenge the status quo?


    Social Media Influencers: Fighters for Freedom or Puppets of Censorship?

    Many social media influencers, especially those aligned with constitutional values, have become modern-day warriors for free speech. Yet, they face intense backlash, censorship, and de-platforming for voicing opinions that challenge globalist or left-leaning narratives.

    How many times have we seen influential voices banned simply for questioning government policies, election results, or health mandates?

    Isn’t it concerning that only a select group of elites can decide what is “acceptable” discourse?

    While some influencers fall in line with these restrictive policies, others have emerged as champions for free speech, using their platforms to resist censorship and uphold constitutional rights. The question is: Will we support these voices, or will we allow them to be drowned out by corporate and governmental censorship?


    The Dangers of Socialism, Communism, and Fascism: A Threat to Free Speech

    At the heart of socialism, communism, and fascism lies a common tactic—control over speech. These ideologies have historically sought to suppress dissent, limit expression, and create a monolithic narrative that favors those in power.

    Look no further than authoritarian regimes past and present, where dissenters are imprisoned, media is state-controlled, and free speech is criminalized. Can we really ignore the striking similarities between these oppressive ideologies and the current state of political discourse in America?

    Is the suppression of speech today not a precursor to more draconian measures tomorrow?

    Should we not fight to preserve the right to freely express political, social, and economic ideas?


    The Truly Right View: Defending Freedom in the Digital Age

    At Truly Right View, we believe in the unwavering defense of free speech as enshrined in the U.S. Constitution. We reject the encroaching influences of socialism, communism, fascism, and any form of dictatorship that seeks to undermine this fundamental right.

    Our platform is dedicated to bringing you uncensored news, analysis, and commentary from a truly constitutional perspective. We provide a space where voices that have been silenced or marginalized can be heard, and where you—the citizen—can engage in the free exchange of ideas.


    Join the Fight: Sign Up for Our Channel and Newsletter

    Do you value free speech?

    Do you believe that the right to express your thoughts, opinions, and beliefs should never be compromised, no matter how controversial they may be?

    If so, we invite you to join the fight for free speech by subscribing to the Truly Right View channel and newsletter. Stay informed on the latest developments in free speech advocacy, political commentary, and constitutional rights. Together, we can stand against the creeping influence of censorship and authoritarianism.

    Why wait for others to defend your rights?

    Become part of a movement that fights for the truly free society envisioned by our Founding Fathers.

    Sign up now and be a voice for freedom!


    Will You Speak Up or Stay Silent?

    In the end, the future of free speech rests in our hands. We can either stand idly by as it is eroded by corporate and governmental overreach, or we can take action to protect and preserve it.

    Will you speak up for your rights, or will you allow them to be taken away piece by piece?

    The choice is yours.

    Subscribe to the channel for Truly Right View today, and support our patriots shop together, let’s ensure that free speech remains the bedrock of our Constitutional Republic.

    Tags: AAVEbitcoinBitcoin vs CBDCBlackRockBlockchaincbdc good or badCBDCscentral bank digital currencyChinaCircleCrypto EducationCrypto MarketCrypto RegulationCrypto TipsCryptocurrency PrivacyDAIDecentralized FinanceDecentralized StablecoinsDigital Currency Risksdigital dollardigital euroecbEuroCFidelityfinancial freedomFinancial SurveillanceGHOGovernment ControlMiCA RegulationsStablecoin RegulationStablecoinsUSDC
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