Some things have to be learned the hard way. By Robert Gore at Straight Line Logic Part One Part Two The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act, signed into law by President Trump on July 18, 2025, is misnamed. It should have been named the EVIL GENIUS Act, as in one of those evil geniuses in James Bond films. https://www.youtube.com/watch?v=Mx9z99YJ_7s
There has been enough ruckus in the alternative media (AM) about central bank digital currencies (CBDCs) to either stop their introduction or make it extremely difficult politically. Legislation was introduced in March, the Anti-CBDC Surveillance Act (H.R. 1919), and passed in the House of Representatives. It is now stuck in the Senate (S.1124), where its primary sponsor is Ted Cruz and it has five cosponsors. Trump has said he will sign it if it passes the Senate. Surely, if this legislation does pass and is signed into law, the U.S. will never experience the civil-liberties-destroying scourge of CBDCs.
The U.S. may never have CBDCs, but the evil GENIUS Act sets up one of those public-private partnerships so beloved by Trump and his technototalitarian cronies, which has the same civil-liberties-destroying potential.
Stablecoins are a digital currency emitted by private parties, tied in value to a specific currency (or, theoretically, an asset or index). In the case of so-called payment stablecoins, which the GENIUS Act primarily addresses, the stablecoins are tied to the price of the U.S. dollar (USD). Hence, while other cryptocurrencies fluctuate in relation to the dollar, a payment stablecoin does not. This does not mean it won’t gain or lose purchasing power; it actually will, in exactly the same amount as the U.S. dollar. Payment stablecoins simply will retain the same valuation in USD and, as a result, the user won’t be subject to capital gains taxes (which are assessed based on an asset’s valuation in comparison to the U.S. dollar).
“The GENIUS Act and Its Implications for Financial Transaction Freedom,” Tobi Maier, Esq., The Solari Report, 8/13/25
Private stablecoins have the attributes technototalitarians love about CBDCs—surveillance and programmability—which the evil GENIUS Act enables, while CBDCs take all the heat from politicians like Trump and Cruz (he voted for the evil GENIUS Act) posing as foes of totalitarian payments technology.
Any digital transaction is documented and recorded. Third parties can both lawfully and unlawfully obtain your entire digital transaction history and draw all kinds of conclusions. For example, they can create location and movement profiles, which can be used to predict when you are not home and can be robbed. Information on unhealthy habits can be used to increase your health insurance premiums or deny coverage. Transaction and purchase data can also inform conclusions about whether you hold political beliefs unpopular with those in power and whether you are “compliant” with certain policies, such as lockdowns. The accuracy of inferences that can be drawn with modern algorithms and computing power is beyond impressive.
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Programmability essentially means that stablecoins in your virtual wallet may not work for you even if they work for your neighbor for the identical transactions. The issuers of stablecoins can remotely and automatically block specific transactions or users and can freeze or seize individual users’ stablecoins. This feature of programmability, in combination with the complete surveillance of stablecoin transactions, allows for the implementation of a Chinese-style social credit score system, where unapproved behavior automatically leads to sanctions in the form of an individual’s inability to perform certain transactions.
These dangers are exactly why the opposition against CBDCs has grown rapidly in the last few years and why many states have passed legislation outlawing them. (Federal legislation to that effect has been introduced as well.) Ironically, stablecoins have the very same problems as CBDCs, including, most significantly, the threat they pose to human freedom. The main difference is that CBDCs are issued by a central bank (e.g., the Fed), whereas stablecoins are issued by private institutions other than a central bank. For the dangers listed above, this makes no difference whatsoever. Due to the nomenclature, however, many people erroneously associate stablecoins with cryptocurrencies rather than CBDCs.
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As § 3(h)(2) of the GENIUS Act shows, the Secretary of the Treasury has the authority “to block, restrict, or limit transactions involving payment stablecoins.” In fact, per § 4(a)(6), only stablecoins whose issuers have the technological capability to allow for the blocking of individual transactions or users may issue payment stablecoins. While this, by itself, does not implement a social credit score system, it does legally ensure that payment stablecoins technologically allow for the implementation and activation of one.
Due to these requirements, stablecoins make it possible to take “Trudeauing” (i.e., the penalization of individuals for stepping out of line and expressing politically inconvenient opinions) to the next level. (The term was coined after former Canadian prime minister Justin Trudeau, without any due process, froze the bank accounts of Canadians who protested against his vaccination policies.) The Canadian prime minister was able to broadly freeze the bank accounts of those individuals he wanted to punish; however, completely freezing someone’s entire bank account is a radical move, certain to draw attention and legal backlash. Stablecoins allow for a much more nuanced application of pressure, with the denial of individual transactions facilitating a sliding scale of pain to nudge individuals away from actions not approved of by those in power.
“The GENIUS Act and Its Implications for Financial Transaction Freedom,” Tobi Maier, Esq., The Solari Report, 8/13/25
Stablecoins will require digital IDs. The former is actually just an app enabled by the latter, one of many. As their name implies, Digital IDs will have comprehensive identification information, including biometric markers—everyone’s unique retinal images and fingerprints. They will be able, either through their own storage or through links to the cloud, to access unlimited amounts of data: medical records, including vaccination records; social media histories; encounters with both the civil and criminal law systems; compliance scoring (essential for a social credit system); work history; tax returns; political party and other group affiliations; registered firearms ownership; images, videos, graphs, and recordings for facial and voice recognition, walking gait, unique heartbeat, behavioral patterns, the network of people in a person’s circle, incriminating blackmail material, and, via stablecoins, a complete transactions history. All those data centers they’re building will house the data, and AI will sort through it.
Given the obvious totalitarian possibilities, you might think that the implementation of all this would be surreptitious, lest it provoke widespread public opposition. Granted, it may be too vast to hide, but the globalists and technototalitarians are no longer making any secret of their plans. Efforts are made to link them to politically popular causes like immigration control and voter identification, but they will be implemented whether or not the general public approves of them. Responding to British Prime Minister Keir Starmer’s announcement that a digital ID would henceforth be required to work in the UK—supposedly as a measure to control immigration—over two million people signed an online petition in less than 48 hours opposing it. The government’s response: tough shit, it’s going to be implemented.
Britain joins a global trend. A linked listing of countries that use some form of digital ID has capsule descriptions of their systems that makes them sound benign, even beneficial. Nations on the list include India, Switzerland, Denmark, Ukraine, China, Australia, South Korea, and Japan, while Canada and the European Union are moving towards implementation. Benefits include online access to government services and personal identity verification. They are described as “not mandatory” or “voluntary.” Even China’s description says that “The use of the app is encouraged by the government . . . .” There’s no mention of what might happen to citizens who spurn the government’s “encouragement.”
In the U.S., a requirement for a Real ID to enter federal buildings or travel by plane domestically was implemented May 7 of this year, twenty years after the legislation was passed, supposedly to prevent future 9/11-type attacks. It is effectively a federal ID card; holders will be uniquely identifiable “. . . in an easily searchable, widely available, federal database for the first time ever.” There had been enough opposition to prevent implementation for twenty years, but the Trojan Horse Trump administration allowed it.
There has not yet been concrete legislative, bureaucratic, or executive branch proposals for digital IDs, but discussion is no longer taboo. At the World Government Summit earlier this year, Larry Ellison proposed that, “. . . each nation unify citizen data including health records, finances, and voting history into a centralized database to “enable AI applications” in public services like fraud detection and resource allocation.” (For more on Larry Ellison, see Part One.)
The Independent Sentinel reports that the Gates Foundation is the initial major stakeholder in the Global Digital ID scheme being rolled out by the World Economic Forum.
Yes, as the Sentinel notes, this is the same Bill Gates who during the Covid scamdemic swore that any mention of digital IDs made you a “conspiracy theorist.” Now, he openly touts it.
“Trump allies Bill Gates, Larry Ellison, Tony Blair push globalized digital IDs at World Governments Summit,” Leo Hohmann, 9/30/25
There is significant opposition to digital IDs in the U.S., presumably even within MAGA, although immigration control, the war on drugs, and voter ID marketing will sway some of them. The technocratic totalitarians are all in, both because of ideology and because many of them, e.g. Thiel, Gates, and Ellison, will make a lot of money providing the technological foundations of digital IDs. Public opposition shouldn’t be overrated as the factor that will prevent implementation. (The same thing can be said about widespread ownership of firearms.)
The U.S. government has a long history of springing measures on the public that were inimical to public’s interests and liberty. There’s always an extraordinary “crisis” that justifies these measures. President Lincoln got the ball rolling, using southern secession to impose his many unconstitutional depredations, the biggest of which was the War Between the States.
Any notion that Americans will rise up in mass opposition to imposition of technototalitarianism is a triumph of hope over 164 years of experience. That the globalists and technototalitarians make no secret of their plans bespeaks their confidence that they can overcome any opposition that emerges. By now, the basics of those plans are well-known: digital IDs, programmable digital currencies, pre-crime surveillance and detention, facial and behavioral pattern recognition, and social credit scores. (Remember Larry Ellison’s quote: “Citizens will be on their best behavior.”) Probably following later on once the control grid is in place will be 15-minute cities, eating bugs, transhumanism, and owning nothing and being happy about it.
Speaking of owning, a White House Working Group is pushing the reduction of literally everything to a trackable, tokenized, programmable digital asset.
The Working Group says, “Virtually any type of good, right, service, or interest can be represented as a digital asset on a blockchain or similar distributed ledger technology network.”16 Moreover, “Tokens may represent a range of different kinds of assets and liabilities, including commercial bank deposits;”17 and the process “can be viewed as a form of technology to record bank deposits.”
“Tokenization: Trump Administration Moves To Create Digital ID To Facilitate Digital Dollar And Tokenized Assets In Loss Of Financial Freedom, The Winepress, 9/8/25
You can guess who will own most of these assets. If they can figure out how to do it, we may get digital air.
A crisis would make all this more palatable. If it was severe enough, people would be clamoring for anything touted as a solution. There’s no shortage of candidates for the next crisis or, more probably, crises that feed off of each other. Debt, the foundation of the global economy, looms large and is already unraveling. Gold and silver—assets that are not someone’s debt—are in huge bull markets. Debt has funded trillions of dollars of nonproductive consumption and government-directed malinvestment, which can be defined as investment that costs more than it yields. Much of the money now being directed towards AI and its electric infrastructure will be a waste. An unknown but significant part of the Chinese economic “miracle” is a malinvestment mirage.
In the U.S., the biggest instance of malinvestment is the warfare state, with close competition from the welfare state. War could be even more devastating than financial collapse, although the former doesn’t have the mathematical inevitability of the latter. Together, they’d spell the end of the welfare state. All of which would give the technototalitarians the pretext to turn the keys on their various turnkey systems.
When you get right down to it, though, their systems are ready to go, they don’t need the crises, and they can impose digital tyranny in the face of widespread opposition any time they want. One day they announce that stablecoins will henceforth be the only legal coin of the realm and all transactions will be digital. There would be a brief period (to prevent opposition from coalescing) for the public to exchange its coins and paper currency for digital balances. Anyone who doesn’t have a smartphone that can run the stablecoin and digital ID apps would be required to get one; poor people would get one free.
Stablecoin usage would be “regulated” by users’ compliance with whatever the technototalitarians deem to be the public interest. They have extensive records of precious metals and firearms ownership, which almost certainly would be deemed contrary to the public interest. Anyone who didn’t turn them into the government in exchange for digital balance credits (at rates determined by the government) would find their digital balances frozen, and perhaps all internet access cut off. The same fate would await anyone expressing opposition to these measures, which are absolutely necessary to create a Big, Beautiful Utopia.
The illusion of freedom will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.
Frank Zappa
The brick wall might awaken Americans from their stupor, but the squeeze would be on and what are they going to do about it? They will have rediscovered an eternal truth the hard way: The biggest threat to life, liberty, and the pursuit of happiness is always government, the only institution that has the legal privilege to use violence on whomever it chooses. All the enemies anyone can conjure—migrants, left-wing extremists, right-wing extremists, middle-of-the-road extremists, the woke, the unwoke, terrorists, drug cartels, germs, the Chinese, the Russians, the Iranians, the Muslims, BRICS, assorted “enemies within”—are small change compared to government. The enemies are conjured so that in the name of “safety,” government can take everything its people have, and with technototalitarianism, it will do so.
Totalitarianism will fail because it inevitably fails; it can’t produce. However, failure may take a while. In the meantime, expect a lot of misery, destruction, and death. Just like any other form of slavery, digital slavery will destroy production beyond that required for subsistence, and will make discovery, innovation, saving, investment, risk-taking, and progress things of the past. A technototalitarian government will respond to its inability to produce in the ways governments always respond. Digital currencies can be inflated and hyper-inflated to oblivion; digitalization makes it easier to add zeros to the denominations and stops bank runs. Taxation will leave people with only the barest subsistence—universal basic income—in the ceaselessly depreciating digital currency. Anyone who steps out of line will be thrown in prison or executed.
Technototalitarianism will require vast resources, including huge amounts of energy, to monitor and surveil, and to arrest, imprison, and execute. These resources will not be produced in sufficient quantities by the digitally enslaved, and the system will collapse. Designed to produce order, the putative objective of all totalitarians, the end result will be chaos. The technototalitarians could find themselves in the crosshairs of rampaging mobs; their data centers, electric infrastructure, and surveillance mechanisms vandalized, sabotaged, or destroyed, and trillions of lines of code hacked.
Until recently, the AM has, with a few exceptions, been woefully oblivious to the dangers of technototalitarianism. If President Trump’s acceptance of Real IDs didn’t set alarm bells ringing, his signature on the evil Genius Act should have, but for the most part didn’t. However, just in the past few weeks, the AM has started to amp up its attention.
Israel’s technototalitarianism, with its extensive links to Silicon Valley and the U.S. military and intelligence, (see Part Two) is partially responsible. So, too, is President Trump’s pushing-the-envelope expansion of already expansive presidential powers. Trump apparently believes that he can ignore constitutionally protected civil liberties if he labels persons or groups terrorists. The military is blowing foreign “narcoterrorists” boats out of the Caribbean and Pacific. How long will it be before “domestic terrorists” are summarily and indefinitely locked away or executed without due process?
For those who worry more about economic than civil liberties (in reality, the two are inseparable), there’s Trump’s insertion of the government into corporate affairs via equity stakes and other control mechanisms, most notably the government’s 10 percent stake in Intel. Government-corporate partnership was the quintessential feature of what Mussolini termed “fascism.” A corporation with the government as a “partner” has the same “freedom” as a nightclub owner who has the Mafia as a partner.
You can stand on principle or you can play politics, but you can’t do both. Trumpists would have opposed much of this if Biden had done it, but they’ve been quiescent or supportive so far. However, their claims that Trump is a departure from the past—other than his brash rhetoric—are undercut by his administration’s continuing accretion of power at the expense of what remains of the people’s liberty. That’s not a departure; it’s been going on since 1913. Those multiple wrongs don’t somehow make Trump’s wrongs right.
The resort to technototalitarianism signals our rulers’ desperation and contrary to their misbegotten hopes, will lead to their downfall. They’ll leave the enslaved with nothing; consequently, the enslaved will have nothing to lose but their technochains. Unfortunately, unless popular protest, disorder, and violence prevent technototalitarism’s imposition, chaos, carnage, and death loom before its inherent limitations and popular desperation eradicate it. Never say never, but an uprising before imposition is unlikely. Awareness of what’s coming is still too limited and the people most likely to revolt still have too much to lose.
Some things have to be learned the hard way.
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