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Getbig Main Boards => Gossip & Opinions => Topic started by: Methyl m1ke on October 06, 2025, 01:28:13 AM

Title: Trump to abolish fed
Post by: Methyl m1ke on October 06, 2025, 01:28:13 AM
Are the rumors true? If so the push to remove illegal migrants makes sense as they will starve. It sounds biblical "that no man may buy or sell" etc sooooooo overnight we dump 37 trillion in debt and become wealthy BUT is this not the mark of the beast? Is this bad or simply the next step of end times?

My sources say in the next year or two Trump will ditch paper currency for cloud stablecoin and tax it. All citizens will convert paper currency for asset backed digital currency. Effectively snubbing out the cartel, north korea, and anyone here without citizenship wont be able to survive.

Thats my understanding so far. Overnight a century of inflation is wiped out. Cars for $100, a week of groceries for $1 etc.

Of course it sounds hard to believe but....anyone care to offer an opinion?
Title: Re: Trump to abolish fed
Post by: obsidian on October 06, 2025, 03:54:00 AM
Are the rumors true? If so the push to remove illegal migrants makes sense as they will starve. It sounds biblical "that no man may buy or sell" etc sooooooo overnight we dump 37 trillion in debt and become wealthy BUT is this not the mark of the beast? Is this bad or simply the next step of end times?

My sources say in the next year or two Trump will ditch paper currency for cloud stablecoin and tax it. All citizens will convert paper currency for asset backed digital currency. Effectively snubbing out the cartel, north korea, and anyone here without citizenship wont be able to survive.

Thats my understanding so far. Overnight a century of inflation is wiped out. Cars for $100, a week of groceries for $1 etc.

Of course it sounds hard to believe but....anyone care to offer an opinion?
Big grain of salt. The U.S. can’t erase $37T overnight — that would tank its credit rating, crash the dollar, and blow up global trust. That’s collapse, not wealth — lol!

Stablecoin usage will increase, but it won’t reset prices to 1920s levels or make cars $100. And every new tech — credit cards, barcodes, chips — has been called the “mark of the beast.” None were. This rumor’s way more fantasy than fact.
Title: Re: Trump to abolish fed
Post by: GymnJuice on October 06, 2025, 03:55:29 AM
I think we will eventually become a cashless society. There are benefits to not having to carry cash but the government wants their own "stablecoin" so they can trace all the money and tax it.
Title: Re: Trump to abolish fed
Post by: obsidian on October 06, 2025, 04:01:11 AM
I think we will eventually become a cashless society. There are benefits to not having to carry cash but the government wants their own "stablecoin" so they can trace all the money and tax it.
There will be many stablecoin issuers operating across multiple blockchains — pretty much everywhere except Bitcoin, since it doesn’t support smart contracts natively. Ethereum leads by a wide margin in total stablecoin supply, followed by Tron. Binance’s BSC also hosts several billion dollars’ worth of stablecoins, while Solana is quickly gaining traction. Cardano, on the other hand, continues to lag behind.

https://defillama.com/stablecoins/chains
Title: Re: Trump to abolish fed
Post by: NaturalWonder83 on October 06, 2025, 04:13:32 AM
Bring back Government Cheese. We have enough Government Cheese ready to rock in the Cheese Caves.
Title: Re: Trump to abolish fed
Post by: Methyl m1ke on October 06, 2025, 04:52:06 AM
Big grain of salt. The U.S. can’t erase $37T overnight — that would tank its credit rating, crash the dollar, and blow up global trust. That’s collapse, not wealth — lol!

Stablecoin usage will increase, but it won’t reset prices to 1920s levels or make cars $100. And every new tech — credit cards, barcodes, chips — has been called the “mark of the beast.” None were. This rumor’s way more fantasy than fact.

Thankyou for your input. Lets say hes real ambitious and really tries to get rid of the fed. Is this actually possible? Lets say he just fucking goes for it. Imagine all retailers overnight accept stablecoin and refuse fiat currency. And say the US stablecoin is backed by gold and silver. How does this play out?
Title: Re: Trump to abolish fed
Post by: Kwon on October 06, 2025, 05:09:37 AM
Could Trump abolish fedtanyl while at it as well?
Title: Re: Trump to abolish fed
Post by: IroNat on October 06, 2025, 05:19:55 AM
Pass the blunt...

(https://c.tenor.com/0fnO58YrUBMAAAAd/elon-musk-smoking.gif)
Title: Re: Trump to abolish fed
Post by: Grape Ape on October 06, 2025, 05:20:44 AM
If it doesn't affect the Mr. Olympia placings, nobody should worry about this shit.
Title: Re: Trump to abolish fed
Post by: Kwon on October 06, 2025, 06:06:29 AM
If it doesn't affect the Mr. Olympia placings, nobody should worry about this shit.

Title: Re: Trump to abolish fed
Post by: Rambone on October 06, 2025, 07:07:48 AM


End the Fed
Title: Re: Trump to abolish fed
Post by: Dave D on October 06, 2025, 07:24:19 AM
Are the rumors true? If so the push to remove illegal migrants makes sense as they will starve. It sounds biblical "that no man may buy or sell" etc sooooooo overnight we dump 37 trillion in debt and become wealthy BUT is this not the mark of the beast? Is this bad or simply the next step of end times?

My sources say in the next year or two Trump will ditch paper currency for cloud stablecoin and tax it. All citizens will convert paper currency for asset backed digital currency. Effectively snubbing out the cartel, north korea, and anyone here without citizenship wont be able to survive.

Thats my understanding so far. Overnight a century of inflation is wiped out. Cars for $100, a week of groceries for $1 etc.

Of course it sounds hard to believe but....anyone care to offer an opinion?

Who are your sources?

It’s unlikely that the paper currency will be eliminated in 2 years but weirder things have happened.
Title: Re: Trump to abolish fed
Post by: Grape Ape on October 06, 2025, 07:51:26 AM
Who are your sources?

It’s unlikely that the paper currency will be eliminated in 2 years but weirder things have happened.

It won't be.

Title: Re: Trump to abolish fed
Post by: joswift on October 06, 2025, 07:54:21 AM
Who do all these countries owe all these trillions of dollars to?
Title: Re: Trump to abolish fed
Post by: Irongrip400 on October 06, 2025, 09:47:38 AM
Who do all these countries owe all these trillions of dollars to?


Each other and the banking families. They make so much money off the interest payments alone. I have a buddy who has about 3 million loaned out on the “streets”. He was talking about it one time, that he’ll probably never have it all in his bank account because it’s always going back out once a loan is closed, but that’s what he does for a living. Multiply that by billions over 500 or so years and you see what kind of dollars we are talking about.

I know that last part spun off the rails a bit but you get the point.
Title: Re: Trump to abolish fed
Post by: Humble Narcissist on October 06, 2025, 09:50:00 AM
If it doesn't affect the Mr. Olympia placings, nobody should worry about this shit.
Olympia winners will be paid in Bitcoin.
Title: Re: Trump to abolish fed
Post by: joswift on October 06, 2025, 10:18:18 AM

Each other and the banking families. They make so much money off the interest payments alone. I have a buddy who has about 3 million loaned out on the “streets”. He was talking about it one time, that he’ll probably never have it all in his bank account because it’s always going back out once a loan is closed, but that’s what he does for a living. Multiply that by billions over 500 or so years and you see what kind of dollars we are talking about.

I know that last part spun off the rails a bit but you get the point.

but none of it really exists, its all based on a promise
Remember in 2015 when Greece said "fuck you we are not paying it back" a few years ago... there was fuck all anyone could do.

they are doing great again
Title: Re: Trump to abolish fed
Post by: gib on October 06, 2025, 10:28:39 AM
Can't "abolish the Fed". But what is more likely is that he wants to undermine or usurp the independence of the Fed. Either way, both Trump and Powell are puppets of Blackrock and the true powers that be in this world...
Title: Re: Trump to abolish fed
Post by: GymnJuice on October 06, 2025, 11:45:17 AM
Thankyou for your input. Lets say hes real ambitious and really tries to get rid of the fed. Is this actually possible? Lets say he just fucking goes for it. Imagine all retailers overnight accept stablecoin and refuse fiat currency. And say the US stablecoin is backed by gold and silver. How does this play out?

I think anything is possible, but I doubt he actually is able to eliminate the FED even if he wanted to.

I am not an expert in this at all, but I think a US stablecoin would be fiat. It would just be digital fiat.

A US stablecoin backed by gold would revert to the pre-1971 gold standard. I think that's what Ron Paul wanted. And there was less inflation with this because the government couldn't just print money.

I think widespread adoption of just straight vanilla bitcoin would be better than a "stablecoin" because it would avoid government manipulation. But I only have a very superficial understanding of all this.
Title: Re: Trump to abolish fed
Post by: Methyl m1ke on October 12, 2025, 11:56:09 PM
I think anything is possible, but I doubt he actually is able to eliminate the FED even if he wanted to.

I am not an expert in this at all, but I think a US stablecoin would be fiat. It would just be digital fiat.

A US stablecoin backed by gold would revert to the pre-1971 gold standard. I think that's what Ron Paul wanted. And there was less inflation with this because the government couldn't just print money.

I think widespread adoption of just straight vanilla bitcoin would be better than a "stablecoin" because it would avoid government manipulation. But I only have a very superficial understanding of all this.

What makes the fed so hard to eliminate? All they do is print money for profit