Government Hostile take-over from Crypto ETF's? The canary in the coal-mine?

in #leofinance7 months ago

Hostile Takeover - noun

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Explanation:

An acquisition of a firm despite resistance by the target firm's management and board of directors.

The purchase of a controlling interest in a publicly-traded company against the
wishes of the current management.

Similar: hostile buyout

An attempted takeover of a company that is strongly resisted by the target company's management.

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Staking offers crypto holders a way of putting their digital assets to work and earning passive income without needing to sell them. Ethereum changes it's structured code many times. It used to have unlimited supply, now it's changed to a more deflationary model. But what happens in a staking based system where someone or some entity could buy up a majority of supply. After all those with the 'gold' make the rules.

https://www.crypto-news-flash.com/us-house-passes-bill-to-ban-government-creation-of-cbdcs-allows-adoption-of-stablecoins-could-ripples-rlusd-be-utilized/

"US House Passes Bill to Ban Government Creation of CBDCs, Allows Adoption of Stablecoins"

USDC and TETHER are Ethereum stable coins. Who needs a CBDC when you have Ethereum whales calling the shots? Just saying, there's dog and pony shows, and the government is certainly one big circus show. Codes can be changed, and blockchains are the new normal. The darling for now is ETHEREUM, and it won't be long before that ledger is tracked. No government CBDC is needed when owning something through a back door is sneakily pushed through. After all don't we all say our 'representatives' are owned by someone else? How much voting power do we really have? It's fair to say governments around the world are influenced and even controlled by borderless corporations and banks. Let's not fool ourselves, and let us certainly not forget headlines that are meant to re-asssure and distract from the truth.

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Yep, no adoption of CBDCs, so they will just use Ripple!

See people? It is not owned (directly) by the central banks!

I do not know what is going to happen with ETH.
Probably Fed try to own enough of it through BlackRock, and fail.

Reggie's Veritasium is still on ETH, and they are going to need that to save the stock exchanges when it is found that they are totally corrupt.

To the canary, "Make like a tree, and get out of here"