Latest / On The Record with Christian Briggs
The Genius Act: America’s Digital Dollar Revolution—or the Road to Financial Tyranny?
The newly passed Genius Act is being hailed as a game-changer that could cement the U.S. dollar’s dominance in the digital age. By requiring stablecoins to be backed 1:1 with U.S. dollars or short-term Treasuries, it promises to strengthen national security, cut wire fees, and pump trillions into America’s debt market.
But economist Christian Briggs warns of the hidden dangers: shifting monetary power from the Federal Reserve to profit-driven corporations, real-time surveillance of every transaction, and the terrifying possibility of accounts frozen without due process. While it could…
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