The real reason Circle is now building it's own L1 for USDC is incredibly obvious to anyone who was paying attention to what was in the Genius Act. Backdoor CBDC = USDC A CBDC needs it's own L1 to ensure maximum control. Eventually you will see cash being phased out. You will only be allowed to use USDC if you have ze proper papers. It doesn't fucking matter if your digital ID is protected by a zero knowledge proof or not, it's still a digital ID. The Trump administration will use illegal immigration as an excuse to get this CBDC off the ground, they have to frame it correctly so that their anti-CBDC base supports it. Illegal immigrants rely on the cash economy, they don't have bank accounts, and can't KYC. By switching from cash to USDC they can exclude illegal immigrants from the financial system entirely, something Trump's base will support. That's how it starts. Then they will say we need to track transactions to prevent money from flowing to drug cartels which have been designated terrorists by the Federal Government. Every single dollar based transaction you make will be tracked, traced, and approved or denied by the Federal Government. They will say this is necessary to stop fentanyl. Everything will be taxed. You will be paying income tax on that $100 you made on a garage sale. All incoming transactions will be automatically taxed as income unless you prove otherwise. Any suspicious transactions or transaction behavior will get your account flagged and potentially frozen. It is absolutely essential that circular grey market economies are set up NOW using monero, bitcoin, and bitcoin backed decentralized stablecoins. These systems need to be strong and in place before cash is phased out. It's probably time to stop using USDC. Accept BTC and XMR for goods and services, spend BTC and XMR for goods and services. This is how we can resist tyranny. #CBDC #Bitcoin #Monero #Privacy $BTC $XMR

It takes the average American four months of working every year just to cover their tax obligations to the Government. That's a third of your working life. That's time you could of spent with your loved ones. In return you receive very few tangible benefits and are helping to fund murder, kidnapping, theft, and human rights violations. This is slavery with the illusion of being free because you get to vote on which slavemaster is in charge of the plantation. #taxationistheft #politics

Monero is under attack, we need more hashpower, here's how you can start mining easily. Dig out your old laptops, whatever CPU's you got Plug them in And get crackin' Oh and you get paid in the world's finest private digital cash for doing it.

Imagine the future if "age verification" becomes a standard requirement to access most of the internet. This lays the groundwork to control the entire population's online activities. Imagine saying the wrong thing online and getting suspended from internet access. You'll have to pay a drug addict to scan their face for you to unlock access for 30 minutes at a time, every 30 minutes the system wants to confirm that an approved user is the one accessing an application or website and you have to rescan. Don't worry though, while you are suspended from the internet you can always go buy a book or drive to the beach. Oh wait they also suspended your bank account due to you being labeled "high risk". You can't even buy gas until you complete a reeducation course and promise not to say certain things on the internet again. This is not unrealistic or far fetched. People are already being arrested for speech. We have to push back on this before it's too late! #privacy

Yes let's keep giving governments tax money, they will do better things with it than we can ever even dream of. Such as enabling genocide, killing random civilians at weddings, forcing people into prison slave labor, locking people in their own homes, coercing people into getting untested vaccines, spying on everything we do, taking away our right to defend ourselves, arresting people for plants, etc etc etc. We probably would of just done something stupid with it, thank god they took it first. #taxationistheft

No verdict today in the trial of open source software developer Roman Storm, jury sent home, they will continue to deliberate monday morning. We get to hold our breath all weekend now. If you are not paying attention to this trial and hoping for a not guilty verdict, you need to be. The Samourai wallet devs are probably going to prison after pleading guilty to unlicensed money transmission because they wrote some open source software that protected legitimate user's privacy. On August 13, Youtube will start asking users in the USA to prove their age.. Wikipedia is currently fighting the UK government because they are trykng to force them to ID people... The FinCen mixer rule outlined in the new Digital Assets Report by the White House will criminalize any attempt at gaining some privacy on a transparent blockchain. Our privacy is under attack every single day. The right to build permissionless decentralized applications without fearing arrest is more important than ever with governments and corporations locking down the centralized parts of the internet. One billion people don't even have a government ID and couldn't KYC even if they wanted to. Free and open access to the internet and to cryptocurrency is essential to prevent a dystopian nightmare future. Maybe we all need to take a break from hypergambling for a day every once in a while and do something that helps the fight for freedom against tyrannical governments worldwide. If you don't know what you can do to help, hit me up and I'll give you a list. The best time to act was yesterday. Better late than never though. #privacy #freesamourai #tornadocash #freeromanstorm

We all need to be sending all the prayers, positive energies, spell casts, good vibes, and wishes to Roman Storm tonight, the verdict is possibly arriving tomorrow. With the Samourai devs copping a plea, I'm really hoping for good news from this.

X (formerly Twitter)

Carlo⚖️ (@CarloD_Angelo) on X

Tornado Cash Trial: What the Case Against Roman Storm Means for Crypto and Code 🚨 The criminal trial of Tornado Cash co-founder Roman Storm is ...

In the IRS, "Special Agent", has a different meaning than you would think, it means retarded agent. "IRS Special Agent George, tasked with tracing the Government's first witness' funds to Tornado Cash, testifies that he does not know what crypto[.]com is, doesn't know the difference between ERC-20 and ETH".... George, if you get a work assignment involving Ethereum and you are getting paid bookoo tax dollars to do it, at least take 15 minutes to learn about Ethereum so you don't look like a complete moron on the stand. It's okay that our government is full of incompetent people though, considering their job is to hurt and rob people I would say incompetence is a good thing.

X (formerly Twitter)

The Rage (@theragetech) on X

🚨JUST IN: IRS Special Agent George, tasked with tracing the Government's first witness' funds to Tornado Cash, testifies that he does not know ...

After today's news about Obama, I truly can't think of any presidents in my lifetime that don't deserve to do hard time. Every single one of them were cool with normies who can't afford fancy lawyers getting thrown in cages for victimless "crimes". Every single one routinely lied to the American people and can be directly linked to and oversaw immoral and criminal actions by the state. Lock em' all up. Pick a president from the last few decades and I'll give you at least 2 reasons they belong in prison.

More excellent reporting from the Rage on the Tornado Cash trial:

The Rage

Possible Tornado Cash Mistrial Floated by Roman Storm Defense Over Scam Victim Witness

How Exactly did Prosecutors Trace Scam Proceeds to Tornado Cash?

According to a new study, fiat currency is more addictive than Crystal Methamphetamine.

Reason.com

Although meth is irresistible, ‘The New York Times’ says, addicts often prefer small cash rewards

The success of "contingency management" belies the notion that addiction is an uncontrollable disease caused by a drug's impact on dopamine le...

The state is responsible for you losing your purchasing power, and they tax you on top of it. Meanwhile the man on the street legitimately thinks their local grocery store is to blame for inflation and that paying taxes is the right thing to do.

X (formerly Twitter)

Darth Powell (@VladTheInflator) on X

You have lost a quarter of your purchasing power in 4 years and no one is rioting. You literally were made 25% poorer so the government could spe...

Politicians will say anything to get elected. Republics don't work because humans can just lie. All a politician has to do to take power is lie and pretend he will do things to help you. So you vote for them. When they don't do the things they promised to do, you can't do shit about it except vote for a different liar next time around. In the mean time, the politician still has power over your life. The problem isn't which politician is in charge, you are never going to elect the "right one". There is no savior in a suit coming to your aid. The only solution is to not give politicians power at all regardless of what lies they tell you. We can take care of ourselves and each other without needing to give any one group total control over our lives. Another lie politicians tell us is the biggest lie of all, that we need the state in the first place. People continue to believe that one, despite the state continuing to do more harm than good. People get angry at the state but want to fix it with more government, something that has never worked and will never work. #politics

Sadly, the United States government of today is exponentially more authoritarian then the government the founding fathers declared independence from was. The American people of the 1700s fought a war partially over taxes that were much less than the taxes we are accustomed to today. The American people of 2025 bend over and "pay their fair share" to the ruling class to fund evil without a second thought. The founders would be horrified at what the country has become.

There is only so many people in the world that understand that the state is a criminal organization and the fiat monetary system is a scam. So maybe we should stop expending energy fighting among ourselves over stupid shit and focus on resisting oppression.

In a free country everyone would be undocumented. Now you can't even leave the United States without a passport. Passports were a "temporary" government program instituted during WWI. For more than half our country's history, passports weren't a requirement to travel. They are a violation of our God given natural right to travel peacefully. Agorist Nexus Podcast: Slavery Efficiency and Mockingbird's Alternative Media Takeover with Ancap Air #167 Episode webpage:

Spotify for Creators

Slavery Efficiency and Mockingbird's Alternative Media Takeover with Ancap Air #167 by Agorist Nexus Podcast

In this gripping episode of the Agorist Nexus Podcast, host Brandon Aragon sits down with Derek Wills Ancap Air for an explosive conversation. Toge...

Check out my weekly round up of cool shit, random shit, and fucked up shit that I have seen over the past week mainly relating to bitcoin, monero, freedom, and privacy. https://paragraph.com/@thoughtcrimetraphouse/weeklyroundupjune25

Which is better, 1. Trying to change the system from within it using existing democratic processes. 2. Opting out of the system entirely and building parallel systems within the system. 3. Dismantling the system entirely and starting from scratch? 4. Do nothing and just wait for the system to collapse on it's own.

No kings should just be no rulers. Millions of people realize something is wrong with the things the state does, but those people think the solution is to just switch the people in power with different people. The problem isn't just which people are in power, it's that the power exists in the first place. Voting doesn't make violence and oppression legitimate. Words in a law book don't make it legitimate. Nine high priests in fancy robes don't legitimize the violent actions of the state either. People have been brainwashed from the second they start school into thinking a bunch of thugs have a right to rule them and tax them because they put on suits and hold elections. If you own a shop and a local gang is extorting you for protection money, but every four years you get to vote on which gang gets to extort you, you are still getting fucked. No rulers doesn't mean no rules. People can organize and cooperate on a voluntary basis without any need for a ruling class with a monopoly on violence. The state wants you think society would instantly collapse without it. This is false. The state has and always will do more harm than good.