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BDC's avatar

Whether fair or less than fair, replacing or accentuating fiat with fiat simply continues a perpetually spinning wheel of possible manipulation. Of course, such desire will likely always be among us to some degree, but proposals pro or con take a backward view.

Gold is the only money that works if honesty is the highest value in the realm. Once fiat is accepted, fiduciary responsibility becomes increasingly susceptible to human choice. History is rife with proof of negative results.

There is more than enough Gold to represent the wealth of the world well into the future. If its systemic usage is properly structured, the Fractional Gold aspect of Triple Money is one solution.

BDC

Carmen Basilovecchio's avatar

THE C.A.R.D. ACT vs.“Clarity Act & Stablecoin Wars”

What These Posts Get Right — and the Real Alternative for the Benefit of Mankind

Latest articles correctly diagnose the symptoms:

Stablecoins are becoming a parallel monetary system.

They strengthen the dollar by creating new demand for Treasuries.

They threaten community banks by draining deposits.

They allow private issuers to capture billions in Treasury interest.

They accelerate the debt spiral and concentrate power.

They set the stage for programmable, surveilled private money.

They expose the fragility of a banking system dependent on deposits.

But analysis stops short of the root cause:

Private institutions still create the nation’s money supply as interest‑bearing debt.

Treasury still borrows instead of issuing sovereign money.

The political process still controls money creation.

Community banks still depend on a system mathematically guaranteed to fail.

“Digital greenbacks” still preserve the same debt‑based architecture.

They describe the battlefield. The C.A.R.D. Act ends the war.

What the C.A.R.D. Act Solves — in One Constitutional Step

1. Ends private money creation~ Banks keep lending, but no longer create money. They lend sovereign digital dollars supplied automatically through the C.A.R.D. mechanism.

2. Ends the exponential debt spiral~ A microscopic transaction fee on USD flows funds government operations permanently. No more borrowing. No more interest burden. No more political hostage‑taking over budgets.

3. Restores constitutional monetary sovereignty~ Article I, Section 8 becomes operational again. Money issuance becomes public, automatic, non‑political, and non‑inflationary.

4. Eliminates the need for CBDCs and private stablecoins~ No surveillance money. No programmable control. No private capture of public interest. No deposit flight. No community‑bank collapse.

5. Creates the USA Sovereign Wealth Fund~ A permanent national asset that distributes AI‑era abundance to every American. They describe the destination. The C.A.R.D. Act is the vehicle.

The Bottom Line

They are right: ~ about the danger. ~ about the stakes. ~ about the need for sovereign money.

But they stop at reforming the symptoms.

The C.A.R.D. Act solves the root cause. It replaces a debt‑based system with a constitutional, automated, abundance‑based system — without disruption, without confiscation, and without anyone even noticing the transition.

" Not one in a thousand would know."

READ - Decide. https://x .com/justaluckyfool/status/2065849482823053482

brian gray's avatar

Thx Ellen for explaining yet another grift. Greenspan just died but his brand of jiggery-pokery has merely morphed into even more pokery-jiggery.

DrLatusDextro's avatar

"The unsustainable $1.2 trillion interest tab must still be paid and continues on its exponential upward growth trajectory."

Therein lies an apparent politically sanctioned, infinitely growing friction where the rubber hits the road.

John Day MD's avatar

Thank you, Ms. Brown. Musk's pie-in-the-sky "abundance" economy seems fanciful at best, but Treasury wants stablecoins as a huge market for US government debt, a market with little recourse or leverage on the government/treasury, "Muppets" of the world, to use that financial term.

Every Muppet with stablecoins has money with a kill-switch and no real recourse...

Even $250 bills with Trump's picture won't have a kill switch, but one shold not show them around, either.

William Pritting's avatar

Stable Coin is a commodity just like gold that increases and decreases in value.

In order to use Stable Coin to buy goods and services from retail vendors you must first buy some Stable Coin. Just skip the Stable Coin middleman and pay for goods and services with cash, debit card, or credit card.

Buying Stable Coin on Coinbase

https://www.coinbase.com/how-to-buy/base-stable-coin

Create a Coinbase account

Download the Coinbase app and start the sign up process. You will need a valid ID and may be asked for proof of address in order to transact. Verifying your ID may take longer than a few minutes, depending on where you live.

Add a payment method

Connect and fund your account using crypto or traditional payment methods, such as a debit card.

Search for Stable Coin

Tap the Home search bar to find Stable Coin. Its asset page will show a “DEX” tag above its chart to indicate exclusive availability via decentralized exchanges on the Ethereum, Base, or Solana networks.

Start a DEX trade

Click “Buy & Sell” below to initiate a DEX trade. Click “Pay with” any amount of USDC (or other available USD funds) and carefully review the amount of Stable Coin you want to buy while noting its price details and fees.

Complete your DEX trade

Once your DEX trade is completed on a decentralized exchange, your new Stable Coin balance can now be easily managed in your Coinbase portfolio.

Commonly asked questions

Yes. You can buy Stable Coin directly through Coinbase using a DEX trade. Simply create a Coinbase account, add a payment method, and trade for Stable Coin via decentralized exchanges supported on Coinbase.

On Jun 26, 2026 at 12:51 PM the price of 1 Stable Coin was $0.003322. The price can change quickly.

Not directly. To buy Stable Coin, you'll first need to fund your Coinbase account using a supported payment method, such as a debit card or an existing crypto balance. Then, search for Stable Coin, initiate a DEX trade, and exchange USDC (or other available USD funds) for Stable Coin.

Currently, only US customers are able to buy Stable Coin or add US dollars using PayPal. All other customers are only able to use PayPal to cash out or sell, and transaction availability depends on region.

You can use a digital gift card purchased from online merchants to redeem on Coinbase accounts for the purchase of Stable Coin. Gift cards are currently only available in the U.S. at this time (redemption excluded in Hawaii). For more information on how to use and redeem gift cards, check out our help center.

Fees to trade Stable Coin depend on Ethereum network fees. There are a number of factors that affect fees, including how busy the network is, how complicated your transaction is, and how fast you'd like to complete the transaction. When exchanging for Stable Coin, be sure to leave enough ETH in your Coinbase Wallet to account for the 1% transaction fee for all swaps.

There are several payment methods you can use to buy ETH, which you can then use to trade for Stable Coin. A full list of payment methods and best use cases can be found in our help center. At this time, credit cards cannot be used to purchase ETH in order to trade or swap for Stable Coin.

STABLE market performance overview

The latest STABLE price is $0.003322.

John StPete's avatar

Thanks for explaining a complex subject so us regular folks can understand it.